davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-04-30
FOREIGN SECURITY
DEALERS ORGANIZE
New Association to Make Rules
for Trading in Unlisted Issues
of Foreign Countries.

A new association Of investment bank
ers throughout the United States dealing
in securities payable in foreign cur
rency has been formed to standardize
rules and regulations governing trans
actions in foreign securities which are
not listed or traded in on the New York
Stock Exchange. Among the members
OF the new. association are the American
Express Company. the Irving National
Bank, Pynchon & Co.. Paine, Webber &
Co.: the Guaranty Company Of New
York. -Boissevain & Co., Knauth. Ma
Equitable Trust Company and Hallgar-
ten 4 Co.
This new bankers league was found
necessary because Of the enormous
growth OF business In foreign currency
bonds since the armistice was signed.
Such bonds have been bought UP at bar
gain prices on all foreign bourses and
sold to American investors. who are thus
gradually being educated to the pitch Of
the English investment class.
Prior to the war Americans could
hardly be persuaded to place their money
in any foreign Government or enterprise
beyond these shores. Now investors In
this country are buying the bonds of al
most every country In the world. Bonds
Of Great Britain. France, Belgium. Ger-
many, Austria, japan. China. South
American countries and British colonies
enjoy an active market here. Some time
no doubt they will be listed on the New
York Stock Exchange. In London about
800 foreign issues are listed on the Ex-
change.
The New York herald., 1921-04-30
r. n. LNGERSOLL d BRO.
IN FINANCIAL TANGLE
CREDITOR Committee Formed
on Firms Suggestion,

That didiculty in working off large
inventories of semi-nnished and manu-
factured goods had embarrassed r. II.
Ingersoll 4 Bro, makers OF the famous
dollar watch. came TO light yesterday in
news that a committee representing
creditors had been formed at the sug-
gestion Of the Arm to obtain extension
Of its maturing obligations amounting to
approximately s2.5oO.00o. The commit
tee consists OF Howard H. Smith. of
Hathaway. Smith. Folds & Co. COM
mercial paper brokers'; Joseph II. Car
Ter. vice-president of the National City
Bank; L. M. Graves Of the National
Union Bank OF Boston. Henry Olleshei-
mer, president of the Metropolitan Bank
Of this city, and J. w. Brantman Of
the Illinois Watch Case Company.
Mr.. Smith, chairman Of the commit
tee, said yesterday that the firms
experience had been similar TO that of
numerous other manufacturers caught
with stocks of goods when business fell
away last year. The creditors were CO.
operating in the situation, he added, and
predicted that within sixty days the
watch manufacturers would be in
good financial position again. The pro-
gramme being followed provides for the
deposit Of the commercial bills with the
National City Bank and extension OF
them for three to six months. r. II.
Ingersoll & Bro. own plants at Trenton
and Waterbury, Conn. They are being
opened up after seasonal shut down
Of several weeks.
The New York herald., 1921-04-30
Average Bond Prices
April 70, 1871.
BOND NEWS AND NOTES.
Burlington Oversubscribed.

J. p. Morgan q Co. and the First
National Bank, as syndicate managers.
sent at noon yesterday telegrams CIV
ing twenty-four hours notice that the
subscription books for the $3.50, 100000
Great Northern Northern Pacific Joint
6h per cent. convertible bond issue
would be closed at noon to-day. indi-
eating an oversubscription Of consider
able consequence. As q matter Of fact.
at the opening OF yesterdays business
firm subscriptions on hand were only
about S10000.000 less than the entire
offering. BY the time the decision to
close the books at noon to-day was
made the amount Of firm subscriptions
was $40. 900 and estimates that the
aggregate subscription would range be-
tween $275. 900, 900 and $500. 900. 900 were be-
ing made last night. The gross amount
of subscriptions turned in will approxi-
mate without difficulty the larger fig
,ire and the net should exceed the ec76,-
0o0 900 mark.
The decision Of the syndicate man
ayers to hold the books open twenty
four hours after the offering had be-
come success was due to a desire
piete chance to get In their subscrip-
tions as we'll as to notify those who
had been holding off on the chance
that the entire issue might not be sold
that their last opportunity to subscribe
would end at tho close OF to-day's busi-
ness. Until the final figures shall be
assembled 1t will be impossible to mako
any exact statement regarding allot-
ments, but II was evident last night
that the maximum allotment would be
In the nelghborhood of IS per cent.
The New York herald., 1921-04-30
WYLIE SEES PLOT
IN MEXICAN OIL TALE
Story Of Failing Fields Laid
to Propagandists for Other
Districts.

H. G. wylie. general maEssss
Doheny oil companies. inclUtlrs Ed,
Mexican Petroleum Company &Da
Pan American Petroleum sna Transppgf
Company. characterized as propasnmaa
the story from Washington ouoting Gov.
ernment ofiiciais as saying that ths rrsa.
ent producing Mexican of nelda would
soon be a matter OF history. The tale.
said,to be a report made BY Government
agents to Secretary Hoover. was PROB
ably circulated to stimulate interest IN
other oil nelds. Mr.. wylie declared. He
said that he does not think either Secre-
tary Hoover or the ofYiciais Of the Ship
ping Board believe the Mexican oil fields
are becoming exhausted.
II the Shipping Board. which burns
only Mexican oil and has considerable
OF IL on hand, really believes the story.
Mr. wylie inquired, why is IL constantly
selling its oil to England?-adding that
this selling has resulted in a break from
140 shillings to 80 shillings ton.
The Mexican Petroleum Company. Mr..
wylie continued, has taken from the
Casiano basin in Mexico about S0.o0o.-
The New York herald., 1921-04-30

5000 Russian 6I5s... II n II
1000 Swiss shs..... s." s5is s5H :
+Seils cents a share.
The New York herald., 1921-04-30

600 barrels of oil. This tract. he said.
comprises about 500 acres and repre-
sents only tiny portion of the total
of 1.350.oo0 acres in that country owned
by the company.
Harold Walker, another official OF the
said the Royal Dutch inter-
ests are making larger expenditures in
Mexico than ever before and are con-
structing storage tanks valued at s10.-
000. 900.
The New York herald., 1921-04-30
CONFIRMATION NOT SETTLED.
Glover Leaf Directors Undecided
ON Accepting Amount Granted.

Directors OF Toledo. st. Louis and
Western Railroad have not decided
granted by referees appointed by the
Interstate Commerce Commission at the
rate of r.i13.4ss for every year during
which the road was operated for the ac-
at sss4.2s4. the figure was later corrected
to s1.o22. 4ss. After consideration of
the companys claim that its net oper-
ating income for the three test period
years was not a fair criterion, the new
amount OF s1.113.4s6 was arrived at.
The company's contention has been
that the Clover Leafs compensation
should be not less than s1.b00.ooo.
The New York herald., 1921-04-30

Onnish Con
Municipal =
cuo10oaeeo
o0j0 A
1....... .86il
certificates
oeFiO b
~. .00
City of CUpel,-
hagen ~
The New York herald., 1921-04-30
LEASES APPROVED.

Stockholders of Atchison. Topeka and
Santa Fe Railroad. In their annual meet
ing. held on Thursday in Topeka, ap-
proved the leases Of the Buffalo. North
western Oklahoma short line and the
Barton County and Santa Fe Railway.
q Kansas line, according to advices re-
ceived here. John w. Davis and w. G..
Potter OF New York were elected direc-
tors In the places OF r. j. Engel and
r. A. Julliard. The secretary's report
showed total OF 5o,s37 stockholders
owning ss4s,ssi,2oo Of stock.
The New York herald., 1921-04-30
rmEwATFR TO BUY CONTROL.
WILL Get Gu6ey-Gfllespie
stock at Abeut 01D.

Negotiations have been concluded
whereby the Tidewater OIL Company
win buy from banking interests . block
OF stock Of the Guffey- Gillespie OIL
Company. representing n controlling In
terest. The price Ia understood to be
approximately SIS q share. The Tide
water OIL Company will operate the
Guffey- Gillespie company a. a separate
unit
The transaction il understood 10 have
involved about 10000 shares OF stock.
The negotiations were conducted with
and the purchase made from eight
Pittsburgh banks and five New York
banks, II was said yesterday. the stock
being held by these institutions as col
lateral.
The New York herald., 1921-04-30
Bond Trading Increases.

Trading In bonds yesterday was on .
greatly increased scale. their prices gen.
orally showing renewed firmness Lib
erty bonds wers heavily dealt In on an
advancing scale, outstanding features OF
that group being the tax exempt sHa
which had shown pronounced weakness
for several days; the third AIS, the
fourth Ans and Victory 4Ns. Gains in
United States Governments were more
than Q half point Fractional advances
were recorded In foreign Governments.
most interest being displayed in United
Kingdom bonds and Belgium Be. In
rails St. Paul debenture Is attracted at
tention by an advance from sax to 5sk.
The convertible Ans OF that road added
point to their price. St Paul Iron
Mountain ~ opened at 6sh and sold UP
to 87x. Most other rails recovered
slightly. New Haven debenture 6s were
weak, declining from ssh to 5s. Indus
trials moved up with the rest Of the mar
ket. Goodyear Tire and Rubber S.,
when issued. advanced from ssM to 1ol
and United States Rubbers we're firm.
Sinclair Consolidated OIL convertible
tbs started at s2& and sold above 90.
fractions were active at advancing
prices.
Crank Trunk PrebIem Unsettled.
The Grand Trunk problem. involving
payment Of interest due on Grand Trunk
Pacific bonds guaranteed by the Grand
Trunk Railway of Canada, vas yestsr-
6ay no nearer solution and no informa-
tion as to the probable date Of payment
was forthcoming. Banking interests IN
close touch with the situation say that
they do not doubt that funds eventually
will be supplied by the Dominion Gov
ernment Defaults affecting New York
investors are on the following Issues:
s2,fo0,0o0 OF Prairie section series A
second gold AZ Of 1885. f7.0so.o00 Noun
tain section series Il second gold Is OF
1855 and f1.5bo.ooo OF Lake Superior
branch first gold As of 1855.
The New York herald., 1921-04-30
Santa Cecilia Issue COMING.

At the adjourned meeting Of the Santa
Cecilia Sugar Corporation its stock
holders approved yesterday the crea-
ton of an issue Of q, 10000 OF refund
ing mortgage per cent. ten year
bonds. of which $s5o,o0o are to be offered
to Its stockholders at S7lt with a bonus
OF 20 per cent. OF the cash subscription
in. per cent. cumulative preferred
stock. Proceeds OF the issue are to be
used to take up loans contracted against
capital improvements.
The New York herald., 1921-04-30
FOREIGN MARKETS.

LONDON, April 29.--Bar silver. ASA.
an ounce. Bar gold. io4s ID. Money. I
per cent. Discount Rates--Short bills,
sM per cent. three month bills. ~ per
cent Gold premiums at Lisbon, f4o.
PARls, April 2s.--Prices were firm on
the Bourse to-day. Three per cent
rentes. 50 francs 10 centimes; exchange
on London. 81 francs H centimes: s per
cent. loan, 80 francs e5 centimes tho
dollar, 13 francs ! centime.
The New York herald., 1921-04-30
Bonds Listed ON Change.

Application has been made to the New
York Stock Exchange to list $4,000, 900
of the Diamond Match Company's six
teen year sinking fund 7h per cont. gold
debentures, due on November 4, 1895,
and $b.100.000 additional OF the General
Electric Company's forty-five year per
cent. debentures. duo on September /,
1882
The New York herald., 1921-04-30
Public Unity onerins.

A public utility offering of IS 0oo.o 900
is scheduled for Tuesday morning. No
new developments were ascertained yes
terday with reference to the $4,000. 900
packing house financing or the reported
Pierce Oil financing
The New York herald., 1921-04-30
Would Guarantee L. I. n. n. Bonds.

The Pennsylvania Railroad has ap-
piled for authority to guarantee the
principal and interest OF $3,s7s,0O0 of
the refunding mortgage bonds Of the
Long Island Railroad from time to time
In exchange for Its outstanding unified
mortgage bonds.
The New York herald., 1921-04-30

NEED more capital for your business Want
TO invest where your services are required
Need partner Real opportunities in The
Sectlon.-AdU.
The New York herald., 1921-04-30

10 Ohio Fuel Sup. AK 47N 47% an
35 Okla Nat Gas. 24A 2sA 24h 2th
10 Pitts Plate G. .11S JIG 1l6 b8
1900 Pitts Jerome. &c &c &c &c
10 West Air Br. eiss etss 9its slS
The New York herald., 1921-04-30
STATE BANK IN IOWA CLOSES.

oNAwA, Iowa, April 2s.--The Citizens
Bank OF onawa, a State Institution,
was closed to-day. Slow collections and
bad loans were given as the cause. on
March 22 the deposits were $114,o
LONDON 'CHANGE HOLIDAY.
LONDON, April 2s.-The London Stock
Exchange will not be open on Mcndav
The New York herald., 1921-04-30

VI = Ool Bt -
I. .60i2
OrehortLlne 6s
j. 06A
Orc Oh L I'd -
10. 70
8. .76i2I
Ore Wash r h&
Nav I'd -
20
2.......70l4'
2..... .703S
P1cl0o Gas -
2. III
Pac Tel q T O.
6....... .S3l2
- Q9lx.
Packard n Car
- Go q -.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
SOUTHERN SUN
DECLARED HARD
FOR Blue EYES
California Is No Place fOl
Blondes, Says Physician.

san FRANCISCO, July a6,-Ca1ifornia
Is no place for blondes, according to DR..
II. c. Augustine, PRECEDENT of the American
Optometric Association, who is here to
attend the convention of the California
State Association of Optometrists.
In the first place, CALIFORNIA; far famed
climate is not conducive to the welfare
of the blondes. The sun shines too
brightly. And bright sunlight. accord
ing to the specialist, goes through the
eyes like rain through a G9-cent UNI
hrella, tearing the nerves to pieces and
causing the owner Of the eye to suffer
from bad temper-sometimes known as
temperament No, the lght-haired,
blue eyed individual must keep awav
from the Golden State, unless. DR.. Au-
gustfne adds, they protect their optics"
True blondes should wear glasses if
they intend to live In any country where
there is much sunlight in order that they
may cut down the intensity of the light
which enters tho eye" he continued.
Persons with light blue eyes do not
possess enough pigment to withstand the
excessive light rays of southern coup-
tries
Mature did not intend blondes to live
in climates where there is excessive sun
light You never see a blone Fill island
err. They are dark in order that they
can stand the burning sunlight. For the
same reason you seldom see a brunette
Norwegian. In this northern climate
where the light is not so pronounced the
people are blonde"
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
PARCEL POST
SHOWS ALOSS
Stevenson Says Government
Out of Pocket S50,0O0,000
a Year.

WASHINGTON. July 26.-The parcel
post system now is being conducted at an
annual loss o the Government Of approx
imately $50 100000 a year, Congressman
STEVENSON. chairman of the House Com
mittee on Postofice and Post Roads, said
today Steenerson's is one of a joint
congressional committee now conducting
a financial survey Of the postal system TO
learn how it can be put on self support
ing basis.
A survey just concluded by the commit
tee Of the parcel post finances in St Paul
showed the Government lost about one
half Of a cent per package handled, In
ST. Paul merchants are using the parcel
post in lieu of delivery service. POstoffice
Department officials are anxious to en-
courage merchants in all cities to deliver
goods via parcel post provided the sys-
ten can be made to pay its way. This
would permit retail dealers to eliminate
large and costly fleets of delivery wagons
and tend toward a general price re-
duction.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
TO DIM WHITE WAY.

NEW YORK. July 26.--In an effort to
dim the RADIANCE Of the white light dis
trict, Inspector William Boettler has
placed all patrolmen in the district on
n new system by which an officer will
not cover the same post on successive
hours Posts will be shifted daily it Is
said, to prevent policemen from becoming
friendly with cafe and restaurant own
ers in whose places the prohibition law
might be violated.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
RoCRS FPOu HEAVEN

UTICA, \. Y, July pa house on
lonely road near here inv hich Mr.. and
Mrs. William Ashley and their family re-
Gently moved is the scene of a mysterious
phenomenon. For seven weeks stones as
large as billiard balls have been dropping
on the house, apparently out of a clear
sky. They fall perpendicularly, ss If
dropped, not thrown. All efforts t. en-
plain their source have been vain.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26

LONDON July "a number of Ber-
lin officials have adopted the standard Of
the American dollar for price fixing The
practice has been in vogue for some time
among private German concerns. Now 9
contract just closed by the municipal
government stipulates that an annual rent
OF thirteen. American dollars be paid for
each post in Berlin streets for advertising
purposes.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26

Notice Is hereby given. that the under
signed, the Board Of Commissioners of Ma
rion County. Indiana, viii, UP to 10 o'clock
a. m, Aug. 9. 1921 receive sealed bids for
constructing woman's department for Ma
rion County jail b. remodeling power
house. according to plans and Specifications
on file in the office of the auditor of Ma
rion County.
Each bid must be accompanied by a
bond and an sfidavit as required by law.
The board reserves the right to reject
ny all bids.
Witness our hands this 18th day Of
July, 1921.
CARLIT H SHANK
II. T. TUTEWILER.
LEWIS W. GEORGE.
Commissioners Of Marion County.
Attest: LEO X FESLER, Auditor.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
JUST PAIR OF BUNS.

NEW YORK. July 26.-Two buns
awoke simultaneously on the same park
bench They we're in the shadow of the
Nathan Hale monument In City Hall Park
Neither wanted to wake up and each
blamed the other. One took the count.
One policeman, one ambulance. and ] 600
civilians with nothing to do answersd the
alarm.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
SPANISH HOLD
AGAINST ENEMY
New Positions in Morocco
Being Fortified.

MADRID. July 28-"The Spanish
forces in Morocco are terrifying their
new positions on the field of operations
against the tribesmen," said a war Of
fee communiQue today.
Sunday night was quiet. We destroyed
aviation parks to prevent them from raif-
ing into the hands of the enemy. We
are not sending any achievements
LONDON. July 26.-The Spanish en-
bassy announced today that despite the
setback received by the Spanish &c
Meulla, the operations against the Mo-
roccan natives, under Raisuli and
Beniaron. are proceeding successfully.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
OMAHA WOMAN IS
on WAY TO CLAIM
BARNEO ESTATE
Declares She Is Heir to Prop
erty and Title of
Princess

OMAHA. Neb.. July 26.-Mrs. Louis
Handbook Of 1924 Farnam street left
Omaha recently for Dutch Borneo, where.
she says. she has inherited the major por-
ton of s10.0000O0 landed estate and
the title Of princes as the seventh
generation from Prince Wolfert Weber.
who lived in Holland in the seventeenth
century. and provided in his will that the
property was not to be distributed until
the seventh generation.
Of the two Omaha surveyors who went
to Borneo six months ago to survey the
lands, one was killed and eaten by can
nibals Mrs. handbook was accompanied
TO Borneo by her husband.
The story of the Handbook kingdom
extends over a period of $50 YEARS and
into colonial America, Holland and
Bornco. The circumstances are very
unusual.
According to Mrs LANDLORDS story
which sba backs up With a bushel or
two of papers. the property has been
held in trust since the death of Prince
Webher of Holland 1t can only be
claimed by those Of the seventh genera
ton from Prince Weber, who died In
1854
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
DAUGHTER WAS
TRUE DEMOCRAT.

OLD Prince Webber had several chill
dren, AMONG them a daughter named An
neka. Anneka turned up her nose at
royalty and was true democrat. Prince
Weber arranged a marriage for her,
but the young beauty refused TO be
bound by her fathers arrangements. She
sloped from home. Prince Weber was
extremely powerful IN Holland. and. to
escape him, the girl was forced TO flee
from that country. Eventually she
reached the Dutch colony of New Am
sterdam, where she married the Rev.
Evardus Bogardus. the second pastor of
the New Amsterdam church and settled
down. She never saw Holland again.
Prince Weber was furious He was
so incensed over the marriage of one OF
his daughters to a common preacher
that in his viii he cut her off without
q cent, but placed large portion Of his
property in a trust fund to be delivered
to the heirs Of his daughter in the sew
enth generation
Mrs: handbook bad all sorts Of trouble
proving her relationship in the seventh
generation. The records were in New
York in Holland and In Borneo She
finally employed an eminent Austrian
family tree" man to marshal her proofs
and TO go through records and docu-
ments in New York. Holland and Borneo
for traces of her ancestors.
DOCUMENTS ARE
ALL VERIFIED.
Finally she completed her work and
was ready with her proof. These doeu-
ments have all been verified and she is
now en- route to take possession Of the
estate
During recent years various members
of this seventh generation have attempted
to prove their relationship to Prince
Weber but only Mrs. ScbIeiper, wife of
the Governor of Java, has succeeded so
far.
Mrs. Landrock's family tree as com
piled by the Austrian expert. takes up
several large volumes. She never permits
it out Of her sight When she travels
the tree goes with her
For many years the Omaha woman
worked on the case. She and her husband
each made several trips to Europe In con
nection viii the matter
Last summer matters had progress ed so
far that the Landrocks sent two civil en-
gineers to BorneO to survey the lands
One of the engineers went over to New
Guinea on a week end hunting expedition
He never came back. The cannibals got
him. Mrs. Handbook soys she win not be
on calling terms with New Guineaans
when she comes into possession of her
lands and the title
Nearly two months VIII be required by
the Omaha couple to reach their property.
A pontion of the lands is near the town
of POntinak and the rest is on the Island
Of Nygen in the Dutch East Indies group
Mrs handbook is a native Of Council
Bluffs, Iowa, and is a member of a well
known family.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
AUTOMOBILES FOB SALE.
TRUcKs-FoR SALE.


L IL L AIA0
11a-ton Autocar chassis with
cab, rebuilt and painted. To be
sold with usual Autocar guaran-
tee for one year.
112-ton Diamond !, has been
used 40 days. viii sell with
large discount and guaranteed
same as new.
Studebaker speed truck with
panel body, electric lights and
starter. An excellent delivery
unit.
r 2-ton international, in good
condition.
The above trucks can be
bought on our easy payment
plan.
THE BUCK co.
313 n. Penn st.
Main 030S. Auto 24-371.
Distributors Of Autocar Trucks.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26

NOTICES,
HoUsEs-WANTED.

house by unincumbered
couple. close IN preferred. Address A
No. E3SS Times.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-26
LEGAL NOTICE.

NOTICE TO HEIRS. CREDITORS. ETC.
58-1S286.
In the Probate Court of Marion County.
Vacation. 1921
In The natter of the estate of Jessie r.
Hammel deceased.
Notice is hereby given that Hazel Nor
rison as administrator of the above
named estate has presented and fled her
account and vouchers in final settlement
of said esta te, and that the same will come
up for the examination and action of said
Probate Court on the 18th day of Sep
TENDER, 1921, at which time all heirs.
creditors or legatees of said estate are re-
quired to appear in said court and show
cause. If any there be, why said account
and vouchers should not be approved. And
the heirs of said estate are also required
to appear and make proof of their helrship.
RICHARD Y. SIPE, Clerk.
CLARkE CLARKE. Attorneys