davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-04-06
CONSOLIDATED EXCHANGE.

Except FOR a few rails and specialties
there was an excess or demand for all
groups throughout yesterdays trading
In the Consolidated Stock Exchange. a
81 per cent rate for call funds and a
more hopeful European outlook being
factors for q higher range of prices
Some active steels, oils and special
tics advanced 2 10 points more than
Mondays finals. Mexican Petroleum and
international Paper leading III the up
ward swing. the former rising "a 10
t39Ts and the latter 4 10 5Ses. American
Sumaira moved against the general
trend, TN the final hour falling from its
early high. 70 ia.
Crucible steel rose 2gs to So Re-
public. 2 u to 66A United States Steel,
1ss TO siss; vanadium, 2ss 70 S1is /
Baldwin Locomotive, 15s 20 ss15 Pam
American. " TO 90: White Oil. / to
1917 California Petroleum, 2s to 44ls /:
Pacific OH. q 37h Studebaker to
II Chandler. 1M TO s01a Atlantic Gulf.
to s4ai American International. ] *
to 43h, ana American Smelling 70 81.
General Asphalt was bid up 3as 70
62t4: American Wooden. 2it 60 Tl:
United states Rubber 2gs to 7t7s I.
American Beet Sugar . 3s to 3Sts Kelly
Springfield. as 70 40ES Famous Players.
Q to 72h Pittsburgh Coal. 2la to 62a, !;
Southern Pacific 70 74h st. Paul. 4 "a
10 25h. and New Haven to 167s. while
Reading yielded Ia 70 67h. Brooklyn
Rapid Transit to 1875 and Northern
Pacific tta to III.
The New York herald., 1921-04-06
CENTRAL'S CHICAGO
PROJECT IS OPPOSED
Railroad Terminal War Is
Looked For.

Special Despatch to THE NEW YORK HERALD.
CHICAGO, April 5.-Hearing on the ap-
plication of the New York Central Rail-
way for permission to acquire the Chi
cago Junction and Chicago River and
Indiana Railway terminal properties in
this city was begun to-day before w. FL
Colston of the Interstate Commerce
Commission. The Pennsylvania Rail
road expects to furnish the chief opposi-
ton. and on that account 1t has been
termed railroad terminal war.
Luther Walters, a Chicago lawyer,
told the Commissioner that he repre-
sented eight railroads which opposed
vigorously private ownership of juno
ton lines that served the stock yards
and industrial districts of Chicago. lie
said that the railroads that he repre-
sented proposed to file an intervening
petition suggesting Joint ownership
OF the junction lines II they necessarily
must be sold. He declared that private
ownership would be mcnopolistic, and
that there could be no coordination
among the competing railroads for the
benefit of the shipper under such con-
ditions.
The New York herald., 1921-04-06
STUDEBAkER SALES FOR
QUARTER REACH RECORD
Erskine Denies Tales of At
tempt to Obtain Control.

The Studebaker Corporation has sold
cars for delivery In April, May and juno
Ear in excess OF any previous year in his
tory. according to an announcement at
the corporations annual meeting yester-
day by A. r. Efskine. president. He
asserted also that the rumors that he,
with II. s. Fish, chairman and other
interests" were seeking to get control Of
the corporation are without>foundation
1--WE know of no interests trying TO get
control of the corporation" he said.
"and believe such an undertaking to be
extremely unlikely"
When the directors were elected only
one new man was added to the board
H. A. Biggs, vice-president in charge of
sales. The "other interests were re-
ported to be William G. Durant, former
General Motors president. who was 10
be made director at yesterdays meet
ing.
First quarter sales Mr., Erskine said
were beyond anticipation, and profits
substantially exceeded the dividend re-
quirements. In March $2,500. 600 of bank
loans were retired. leaving outstanding
S7.000.000 against bank balances OF
more than $5.000.000 The company ex-
poets to sell 20.Oe0 automobiles in the
second quarter. and hopes to be operat-
ing at capacity OF $500 cars month by
June.
The New York herald., 1921-04-06
RED CROSS BARS
GAS IN WARFARE
Adds Its Absolute Prohibition
to Rules of Hague Pact.

GENEVA, April 5.--various Red Cross
commissions presented reports to-day to
tho International Rod Cross Conference.
The most important Of these was that re-
lating to limitations OF war for the
protection of civilian populations. The
following additions to The Hague con-
vention we're proposed and adopted
First--Absolute prohibition Of the use
In any way Of gas IN warfare
Second-Limitation of aerial war 70
military objects In order to preserve
civilians from the effects OF this new
method of war aud avoid useless dcs,ruc-
tlon.
Third--strict application OF Article 26
Of the rules on land war, according 10
the second Hague conference
Strict application is also recommended
OF Articles 1 10 Of the convention re-
iating to naval bonbardments and pro-
hibiting the bonhardment Of all undc-
Tended places.
The New York herald., 1921-04-06
GUGGENHEIMS CLAIM
SHELTERS VICTORY
Announce Also Their Slate for
Directors to Be Voted On
at To-day's Meeting.

With the annual meeting of the
American Smelling and Refining Com
pany and the fight to oust the Guggenheim
management scheduled for this morn
ing. a statement was issued last night
by the management asserting that con-
siderabIy more than so per cent. of the
total outstanding stock and rs per cent.
of the proxies will be in favor of re-
tanning the present management. The
statement contended that the proxies
in favor of the. management, coming
from more than 5000 individual stock
holders, exceed in number OF shares the
total voted at any of the last three an
nual meetings. The largest number or
shares voted at any one Of the last three
meetings was 636.2S4.
The management has made public
the names of those whom it will pro-
pose for directors the list including
eighteen men now on the board and the
following ten not so situated: Merrill T.
Galloway, vice-president Guaranty Trust
Company +. J. Leary, vice-president
Central Union Trust Company, Benja-
min JOY, vice-president Bankers Trust
Company; Frederick II. Walker. agent
Royal Bank OF Canada in New York,
representing Canadian holders; Wifred
Shore Irving National Bank, nominated
by Nederlandsch Administratie and
Trust Kantoor of Amsterdam. owners
of 40. 900 shares =. c. Jameson. presl-
dent Globe and Rutgers Fire Insurance
Company John G. Emison. treasurer OF
company; Hamilton NJ Brush, In charge
OF company's selling department q. x
Bartholomew, mining engineer for COM
pany.
The following eighteen of the old
board are proposed for reelection
Daniel Guggenheim. ID. B. schley. w
s. Mccormick. Walter T. Page. Simon
Gugganheim, Edgar l. Newhouse. Fran
els ii. Brownell, c. w. Whitley. William
Loeb. Jr.. II. A. Guess. H A. Prosser
r. r. Rnffr, John N. Steele. Charles
Earl Willard S. Morse, +. w. HIS
G. A H. de Saulles Roger w. Strauss
1T has for mahy years been the
practice of the company" the state
ment asserts, "to have the major por-
tion of its directorate consist of ex-
perts who devote their entire time to
the affairs of the company.
The New York herald., 1921-04-06
DENVER SUIT TO BE PUSHED.
Protective Committee Hopes 10
File Charge Road WAS Wrecked.

The protective committee OF the Dem
yer and Rio Grande Railroad received
word from Denver yesterday relative 70
the text OF the court decision on the
motion Of Western Pacific interests 70
dismiss two suits attacking the legality
Of the Judgment to satisfy which the
road was sold recently
Two suits were filed Identical iu text,
the committee says. and one was dis
missed Saturday. The court held, ac-
cording to the committee, that the stock
holders had the right to prosecute the
other suit. and the court would grant
leave to amend the bill in that case 70
bring IN additional or supplementary
matter relating TO tho confirmation Of
the sale,
Members or the committee said that
this suit viii be pushed and that II will
be able to get into the record its charges
that the road was wrecked.
The New York herald., 1921-04-06
FINANCIAL NOTES.

Application has been made % tie New
York Stock Exchange Tor listing $4,000
600 or one ~ per cent. sinking fund
debcnturo bonds Of the Canadian Northern
Railway and si3.3f0.o00 Of It's additional
capital stock.
George a. Gamble IL with the bond Depart
ment Of John Muir 4 CO.
Henry w. Peacock. Jr.. Formerly with
HambietOn Co, ~ with Stroud g. CO.
Horace T. O'sWilvan. formerly with Jancs.
Price & Co. T. with Conroy CO.. o.
Broadway.
re Bonneville X. Scclcy. formerly with Tee
HgrmHon a co... iH iu charge ~ tho New
York Investment department uf Tucirr.
Anthony 60.
pion. Read & GO. announce that interim
receipts ~ ~wm. a. Read * CO. Tor
the ten. year ! per cent. Rold drbcnturcg II
tho Standard OIL Company of California
may be exchanved for dcflnitvc dcbcn-
lures on surrender ~ the receipts for them
70 the Equitable Trust Company 81 Wall
street.
The New York herald., 1921-04-06
STEEL LOOKING UP, SAYS GRACE
bethlehem Plants Working at One
third Capacity.

Signs of moderate Improvement are
seen In the steel trade. Eugene G..
Grace. president OF the Bethlehem Steel
Corporation, told the stockholders ut
their annual meeting yesterday. In
March the corporations steel plants
averaged 30 to 35 per cent The pro-
duction OF ingots, he said was larger
than in the two preceding years.
The corporations shipbuilding plants
at Fore River. Sparrows Point and San
Francisco are operating at capacity.
with sufficient orders for the remain
Ing months OF this year. Mr.. Grace
declared that the corporation would not
indulge In any aggressive price CAM
paign and denied that cuts have been
made below those announced some time
ago. All directors and officers were
reelected.
The New York herald., 1921-04-06
NEWsPRINT PRICES DROP.

MINNEAPoLIs. April 5.--Directors Of
;he Minnesota and ontario Paper Conn
rany to-day announced further reduc-
ton OF s17 a ton on ncwsprint paper TO
publishers.
This concession, together with that OF
So a ton made on January 1, reduces
the price from s13s, as fixed by con-
.ract until July l next to s11S n ton
for the next three months
The New York herald., 1921-04-06
TO END GRAND TRUNK LOANS.
Dominion Premier Says Govern
mcnt Should Get Road.

OTTAWA, April 5.-Premier Meighen
said to-day in the House OF Commons
that the Grand Trunk Railway Company
had probably defaulted interest pay
ments on April J. He added that.,owing
to dilatory arbitration proceedings. the
Government felt that extension OF time,
involving further Government financing,
should not be granted unless control of
the road was handed over to the Govern
ment within the time contemplated in
the original agreement
It had been agreed that the arbitra-
tion proceedings were TO be completed
and the award made within nine months.
The New York herald., 1921-04-06
TELLS CANADA: SELL TO u. S.
Dominion Trade Expert Advises
Against CurtaiIing Imports.

TORONTO. April 5.--To offset an ad-
verse trade balance let Canada increase
her exports TO the United States rather
than curtail her imports, urged Lieut.
Col. John A. Cooper. for eighteen months
director Of the Canadian Bureau or In
formation in New York In an address
before the Toronto Board OF Trade to-
day.
Declaring that Sir Henry Drayton :
plea to the people to buy only Canadian
made goods was only a half remedy he
urged appointment Of corps OF Cana
dian trade representatives to comb the
American market for opportunities to
increase the Dominions exports.
The New York herald., 1921-04-06
nus LINES GAIN IN 1920.

The report Of the New York Trans
portation Company. which operates the
Fifth avenue bus lines, for 1920 shows
a s1rplus. after charges and taxes, OF
$t.126,630. or s479 a share earned on
its outstanding capital stock Of $40 par
value. in contrast to s765.795. or S3.25
a share, earned IN 1919. Its gross
earnings were S4.sO0Ts2. against s4.-
222 907. and net after expenses, ST.
557306. against S1.245.447 Other in
Some Vas Sf09.029, In contrast to SS2,-
o4S and dividends. sf11.250 Charges.
taxes. Sc. aggregated $500 105. leaving
surplus for Inc year of s71fsS0.
The New York herald., 1921-04-06
MANHATTAN RAIL DIVIDEND.

Checks for the regular quarterly dlvi-
dend of III per cent. on Manhattan
Railway stock. guaranteed by the Inter-
borough. will be mailed within a few
days, officials OF the road said yester-
day. The dividend was declared 70
stock Of record March 81. payable April
T. "or shortly thereafter" because Inter
borough Is paying the dividend out Of
current receipts
The New York herald., 1921-04-06
SUES oN FALSE TICKER REPoRr

Supreme Court Justice John NJ. Tier
ney reserved decision yesterday In an
action for S2.212.T5 damages brought by
CASTOR Jaillet. an investor. against
Joseph eastman. as treasurer OF Dow
Jones & Co, financial news service
operators. Jaillet alleges that he lost
that sum when an erroneous report sent
out over the Defendants ticker wires
concerning the United States Supreme
Courts decision in the Macomber case,
holding stock dividends non-taxable. led
him TO sell some OF hts security holdings
AZ disadvantagcous price.
The New York herald., 1921-04-06
K. C. SOUTHERN FILES PROTEST
Valuation set at S-5,OOO,OO0
Against Comm missfon's Estimate.

Representatives here OF the Kansas
City Southern Railway Company issued
a statement yesterday taking exception
10 the tentative Valuation Of the COM
panys properties recently made by Divi-
sion ! of the Interstate Commerce Com
mission
This valuation. the statement said.
was apparently based on an incomplete
estimate Of cost Of reproduction OF physi-
cal properties, less depreciation. with
the addition Of certain arbitrary but In
adequate allowances Tor appreciation
and going concern" value.
The company sets the value Of its
properties, as Of June 30. 1914. at more
than $75,O00,0o0 and II not disposed TO
accept any lower valuation. II It has to
contest IN the courts
The New York herald., 1921-04-06
CANADA STEEL REPORTS.

The Canada Steel Company reports for
1920 net profits. after charges and taxes.
of s1,s55.404. or S12.19 share earned
on Its common stock after its preferred
stock dividends. Its profits after taxes
were S3.924,041. Tts surplus. after de-
ductions for dividends on both classes of
stock. was s595.663 The company's
total surplus after reserves and adjust
ments was Ss,74O.965.
The New York herald., 1921-04-06
COTTON EXPORT FINANCING.
Approves Tentative
Loan TO southern Bank.

Following close on yesterdays con-
ference OF Southern bankers with Of
ficials of the Government In regard 10
relief OF the cotton industry and banks
OF Southern States the War Finance
Corporation announced to-day giving
tentative approval to an application for
a loan OF 100000 10 Southern bank
for the export OF cotton to Europe.
Details OF the transaction were not
made public BY the corporation. but the
cotton Is not 10 go to tho Central En-
pires.
The New York herald., 1921-04-06
ROAD SOLD AT FORECLOSURE.
All hut One Parcel Of Chicago and
Eastern Illinois Bring Sf3,2S5,0OO.

DANv1LLE. Ill. April 5.--The Chicago
and Eastern Illinois Railway, In rcceiv-
ers' hands since May, 1913, was sold at
foreclosure here to-day.
George VI. Murray and Joseph +. Cot
ter, attorneys Of New York, represent
ing the financial interests who are 70
reorganize the road. with the old officers
in charge, bid In for sf9.2s5.oO0 all par
cells except parcel y. extending from
Momence. Ill, 10 Brazil. Ind. With no
bids on parcel -. another sale date was
fixed
The New York herald., 1921-04-06
CANADIAN co. SEEKS TO
BUILD DETROIT BRIDGE
OtfalOa Sanctions Charter for
SIS, 900, 900 Concern.

OTTAWA, April 5.--The House Com
mittee on Railways, Canals and Tele-
graph Lines passed bill to-day to in
corporate the Canadian Transit Com
pany, capitalized at $5.000,000, to con-
struct and operate a railway and general
traffic bridge across the Detroit River,
between Windsor and Detroit
The company cannot begin construc-
ton until Congress approves. The direc-
tors received power to borrow money
and issue bonds and to charge tolls, sub
ject to approval by the Railway Com
mission of Canada.
The New York herald., 1921-04-06
NEW CONSTRUCTION
TO COST $4,000, 900
Includes Plants and Voca-
fionul Schools.

The Iron Age has checked up reports
of new structures, plant and equipment
additions of a single week. published in
its issue Of March "a and showing that
the total cost of only fifty-one of the
101 items reported in this particular
issue is $10,81S,541. The estimated cost
was not given on the other fifty, but as
the work represented by the unpriced
items is fully as extensive as that of
those that are priced 1t is safe to say
that the true aggregate approximates
fully s15.000,00o.
The figures indicate better outlook
than is generally recognized, particularly
in view of the fact that all OF this new
work has been decided on and contracts
for much OF it have been given out.
The new construction work consists
principally of metal working plants, ad-
ditions, repair shops. power plants ana
foundries. An analysts follows:
The New York herald., 1921-04-06
MAX MAY OPENS OFFICE.

Max May. formerly vice-president of
the Guaranty Trust Company OF New
York. has returned from trip abroad
end opened an office In 100 Broadway.
MIR. May win conduct business as for
eirn exchange broker and adviser IN IN
ternational banking affairs.
The New York herald., 1921-04-06
SMOOT CONFERS WITH
TREASURY EXPERTS
He Gets Help in Preparing
Sales Tax Bill.
Spsci0l Despatch 70 THE NEw York HEnALD
New York Herald Bureau.
Mashington. ID. G.. April b.


A group OF Treasury experts met at
the office of Senator Smoot (Utah). to-
day, to aid him in the preparation of
data which he Is TO submit to the Senate
in connection with consideration Of the
general turnover tax on sales.
Senator Smoot said he has decided to
introduce a single bill az the outset. in
stead of three proposals which he con-
templated originally. Secretary of the
Treasury Mellon is impressed, Senator
Smoot said. with the simplicity Of au-
ministration OF the sales tax. but has
not yet committed himself to its de-
STABILITY as whole.
Il shall propose exemptions from the
tax of from $4,000 ito $4,000 on gross
annual sales" Senator Smoot said to-
day. II cannot give all the details Of the
bill now. but intend to submit the en-
tire matter to the Senate early next
week.
The New York herald., 1921-04-06
GABLES.

Rio futures q reis lower. Exchange I,d
lower AZ pd. Dollar rate 100 higher, AZ
esso0. Receipts 1900 bags and stock 5O5,-
600 bags. Santos futures % lower to 25 rcis
higher. Receipts $4,000 bags, and stock
isis, 900 bags. Receipts at ports gG n0n
bags. against 10000 last year and al 600
two yeara ago. Sac Paulo had q 600.
against Q 600 and 2s.0o0, and Jundiahy 1000.
Fine weather ~ three districts Of Sac paulo
aud rain in tho Cleared from Santon.
II 100 bags Tor New Orleans
nRAIIIIAN STATISTICS
The New York herald., 1921-04-06
HOUSE RECEIPTS.

Receipts for duties at the Custom
House yesterday were s1,049,17644, OF
which s310,s06.22 was for merchandise
withdrawn from bonded warehouses and
Is7ss,s7022 for recent inrportatioms.
The New York herald., 1921-04-06
COFFEE.

The range of priceS IL yesterdays
Office futures market follows:
The New York herald., 1921-04-06
UNITED STATES TREASURY STATEMENT
Spscial Despatch . Tn

Special Despatch . Tur NEW Ifrrup
y. g., Apil 3 s
The New York herald., 1921-04-06
New Issue
-. ....
$e,o0o,o0o
Sun Company
Ten Year To Sinking Fund Gold Bonds

NJ Copo Bono in noai 4 gb u pddp
wluo ornof lo3 Apil lgs
a eGe thereafter a y n p rn
rio . mauHy mixers Tutc nanyN New York xTuaes
The Washington herald., 1921-04-13
REAL ESTATE FOR SALE

CONDUIT ROAD. 10 rooms. bath. acr
slo,5 500. Louis p. Shoemaker, 1907 N.
ave. NJ. 11e6.
The Birmingham age-herald., 1921-11-01

Mrs William Harrison the wife of the city commits soner who ndorsed the labor ddae of Greater Birmingham.
 broad-mnded she is. former school teacher. These of the things she relieves in:
 Every family should read.
 To this end regular and full of reading should be mapped This shoIld include present and past literature, well of the world.
 Begin reading to your children carly then teach them to read to you.
 General information and matters of city and state 1- teres should be discussed the home fresde and dining table.
 Your family will be just ignorant you will let it be-
 Train your child profession. Any profession better than none at all.
 Do not let children grow up without knowing some branch of work with which they will be able to SUD- port themselves.
The Birmingham age-herald., 1921-11-01
DISCOURAGED
 AND MISERABLE
Virginia Lady So Weak She Could Hardly Get Around. Says Cardui Helped Re iieve a Serious Con-
 dition

Ringguld, va.--Afrs- D. T. Barker, of well-known Pittsylvania County family, residing on Route 3, here, says that upon reaching critical pe- riod of her life she was 'in a very serious condition"
 T was so weakened until couldn't get around" Mrs. Barker relates. q couldn't sleep. l was 50 blue and out of heart had no appetite.
 T would try medicines, ard grew weaker and weaker. more out of heart every day | would get up and try to drag around. and feel so miserable, and creep back to bed. My husband bought me Cardui. thought the first bottle helped me, and when began the second. knew it did I kept it up-each day grow ing a little stronger. little more like my former self. and began to eat and sleep
 -.It sure wasn't long until I was up and around like another woman. No more dragging: no more weak and blue feeling. It cured me. l used seven bottles In all.
 Thousands of women have suffered as Mrs Barker describes, until they found relief from the use of Cardui. Since 1t has helped so many. you should not hesitate to try Cardui, If troubled with womanly ailments.
 For sale by all good druggists Adv
The Birmingham age-herald., 1921-11-01
THE ST0RM," FINELY ACTED DRAMA, SCORES
 HIT AT THE JEFFERSON

The Storm." at the Jefferson the atre last night, just goes to show that good melodrama, well acted and staged with the extraordinarily re- alistic effects that can now be achieved with the aid of the motion picture machine and other modern devices, has not lost it's appeal to theatre patrons.
 The play Is an absorbing story of the battle waged by two men in the woods of the Canadian north. who are shut up In a cabin all winter with girl who Is left on their hands whom her father dies, One is a typ ical woodsman. rough and powerful of physique, but gentleman at heart, who has caught from the great outdoors the spirit of fair play and decency. The other Is an accom- plished man of the world, his friend and partner In a claim. The girl Is French Canadian. a sprite of the forest. knowing little of men and less of the world.
 The drama, which Is woven around these three, and the struggle of the two men. whose friendship soon van ishes when jealousy brings out the worst in them, and they are alter nately swayed by a sense of honor and overmastering desire to possess tho girl. while she, the innocenr cause os tEeIr hatred. Is pawn in the ganiS. ls simple, direct and filled with