davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-02-12
American Sugar.

The situation in American Sugar is
somewhat similar to that in Crucible, in
which also there is reported to be a
large short interest against which own
ers of the stock are maintaining a small
but very effective loaning rate. Amer
lean Sugar duplicated Crucible's per-
formance yesterday. advancing to high
OF 92Is. up II II points from it's close on
Wednesday. and then selling off in the
last hour to 92 at which it closed with
net gain of o.
The New York herald., 1921-02-12
BRITISH X. X. CLAIMS
AGGREGATE ESQ, ,OOO, 900
Heauy Sums to Be Paid Due
to Control During War.

LONDON. Feb. 1.-The British Gov
crnment may have to pay f150,000,000
In claims as a result of its control OF
the railroads during the war. accord
ing to estimates submitted to-day by a
Government committee which investi-
gated the situation. The claims are di-
vlded as follows: fe0.0oo,o00 for arrears
In maintenance, f40.000.00o for abnor-
NAL wear and tear and f20.000.000 for
the replacement OF stores.
II is understood the railway COM
panies may make other claims. but that
the committee Is OF the opinion that no
others will bo admissible
The New York herald., 1921-02-12
Long Time Between sales.

A sale of a block OF Hackensack
Water Power per cent. preferred stock
yesterday on the floor of the New York
Stock Exchange was the first one since
the stock was listed twenty-eight years
ago. When the transaction was printed
on the tape the abbreviation HW was
utterly unknown to those who were
watching the ticker. Investigation re-
vealed. however, the name OF the stocl,
and the fact that IL was the first sale
in more than a quarter of century.
The stock was sold by Post & Flags to
settle an estate. the purchasing brokers
being Crawford. Patton G. Cannon. The
price at which the transaction was made
was S25, the par value of the stock.
The New York herald., 1921-02-12
Higher Zinc Tariff.

Reports from Washington received
yesterday in Wall Street indicated that
the House Ways and Means Committee
probably would report favorably on the
application of zinc producers for an in
crease in the duty on that commodity to
2 cents pound. The old 10 per cent
ad valorem rate Is equivalent to half a
cent pound at present prices for the
metal and producers declare that II they
are to meet foreign competition a SUBJ
stantially higher rate Of duty must be
charged.
The New York herald., 1921-02-12
Pay Liberty Bond Dividend.

The directors Of the scovill Manufac-
turing Company have voted TO distribute
4N per cent. Liberty bonds to its stock
holders to the extent OF $50 in bonds fc-
every five shares of its stock held. For
holdings In excess of figure evenly
tiivisible by flve stockholders will re-
ceive on the excess cash at the rate of 50
a share. The company's report shows
that II holds sb,7s4,223 OF Government
securities. Its directors have voted a
dividend on It's capital stock amounting
to 6 per cent, payable on April ! to
stock OF record on March "a
The New York herald., 1921-02-12
10 P. c. QUARTERLY KEEPS UP.
sherwfn-wilIiams Declares 14oth
Consecutive Dividend.

Directors of the observation-disclosures
Company have declared the regular
dividend OF 10 per cent on the s25 par
value common stock for the second quar-
ter OF the fiscal year. The dividend is
payable February 15 and represents the
145th consecutive quarterly dividend on
the company's common stock. In an
nouncing the dividend @. A. Martin.
vicc-president, declared that the financial
ard general condition OF the company is
excellent. During 1920, he said, tho
company did a greater gross business
than ever before.
Our plants are now operating on a
rs per cent. basis" no said Reports
received from our agents In the field
indicate the dealers stocks are low
everywhere. and the management antici-
pates that the coming spring demand
will necessitate running our plants at
full capacity"
The New York herald., 1921-02-12
UNDERWOOD SURPLUS LOWER.
Earnings s21.02 n share I'm 1920.
Compared with s2S.so I'm 1919.

The Underwood Typewriter Company
reports for 1920 a surplus after charges
and Federal taxes of s2.246.23s. equivs-
lent after preferred dividends to s21.92
share earned on the common stock.
The surplus for 1919 was s2.59e.952, or
s25.s5 a share on the common.
Net income amounted TO ss.14f,6es,
against s4.12f.s1i in 1919, and other
income was sS3o,11s against s3s0.421.
Depreciation was written off In the
amount OF s22e.7s4. while s333.30e was
paid In bonuses and ss65.4s5 In Federal
taxes. Preferred dividends amounted to
s273, 900 and common to s1.215.000, leav-
Ing a surplus for the year Of s75s.23s.
The New York herald., 1921-02-12
TOPICS OF WALL STREET.
Reading's Reorganization.

Wall Street spent most OF yesterday
in guessing what Reading was worth.
With reports that the plan had been
completed and others Of some or its
details--or what were alleged to be its
details-before them. spectators amused
themselves and garnered considerable
profits by shooting at the stock from
gong 20 gong. with some measure OF
success. 1t sold down from 81 1% to rs
and closed at 1885. for a less of 8M
points. Brokers keeping close tab on
Reading and who attempted to analyze
yesterdays selling of It expressed the
opinion that most OF the so, shares
or so OF stock turned over were new
short lines put out.
The New York herald., 1921-02-12
Idle Freight Cars.

More freight cars are idle on the roads
Of the United States than at any other
time during the last ten years, according
to figures Of the car service division of
the Railway Executives Association.
The surplus Of cars OF all sorts on jan
uary 81 was 323,376, an excess of $4,000
cars compared with the number idle
last week. Loadings for the week ended
January 30 were 6ss.936 cars. a decline
Of 103,396 cars compared with the show
ing OF the corresponding 1920 period
and of 1S.361 cars compared with that
OF the corresponding 1919 period.
The New York herald., 1921-02-12
Pennsylvania's Fire Department.

The efficient fire prevention methods
and promptness OF employees Of the
Pennsylvania Railroad in extinguishing
fires In railroad property with the COM
pany's fire apparatus before the arrival
Of city fire departments last year re-
sulted In loss OF only one-eighth Of 1
per cent. of the insurance value OF the
properties endangered. The company's
total loss by fires during the year was
s2s.725.
The New York herald., 1921-02-12
American Bosch Magnetic.

Directors OF the American Bosch Mag
neto Corporation will meet on Thursday
for dividend action. A statement by the
corporations president, Arthur T. MUIR
ray, shows that its sales in 1920 were
$s,so0.000. against s6.000,000 In 1919
and $3,600.000 in 1918. 1t is pointed
out, however, that great part Of these
sales were rolled UP in the early part of
the year and that the volume Of the
corporations business reflects. just as
do the sales Of every other accessory
company, the decline ia automobile
business.
The New York herald., 1921-02-12
bonus FOR SHOE EMPLOYEES.

The Endicott-Johnson Corporation
will pay bonus of s4b.45 TO each OF
11.143 OF It's employees under its profit
sharing plan, II was announced yester-
day. That plan provides that surplus
earnings, after dividends Of per cent
on the company's preferred stock and Of
10 per cent on It's common stock. are TO
be split half and half between the work.
ers and the common stockholders. The
bonus represents s506.44e, but whether
II will be paid In cash or stock or partly
In each, az Il was last year, has not
been determined.
The New York herald., 1921-02-12
Great Northern omciaIs. Here.

Louis n. Hill. chairman OF the Great
Northern's board, and Ralph Budd. It's
president. arrived yesterday In New
York and conducted n series OF confer
ences with bankers handling the Bur-
Iington issue. They will go to Washing
ton on Monday TO be present at the open
hearing OF the Burlington plan before
the Interstate Commerce Commission.
The New York herald., 1921-02-12
sANDow MOTOR TRUCK.

Boston, Feb. 1.-THE Sandow Motor
Truck Company OF New England was
petitioned into bankruptcy to-day. The
petition was fled by the Commercial FL
nance Corporation. the Mutual Finance
Corporation and the Detroit Automo-
bile Radiator Company. having claims
hggregating about 100000.
The New York herald., 1921-02-12
Peerless Motor Dividend.

The Peerless Truck and Motor Cor
poration has declared an annual divt-
dend of 81 a share on It's common stock.
payable In four quarterly instalments
of so cents each. In January a quarter
ly dividend of 75 cents was paid on the
stock and In each OF the two preceding
quarters the disbursement was s1.25.
The New York herald., 1921-02-12
Federal Motor EARNINGS.

The net profits OF the Federal Motor
Truck Company for 1920 were $74s,s7s
before Federal taxes, which are esti-
mated at 100000. The company's total
sales for the year were $1o.s2s,7l2, an
increase of s1oS.47o. compared with
those Of 1919.
The New York herald., 1921-02-12
FOREIGN MARKETS.

LoHDoN, Feb. 11.--Bar silver, 3sAd.
an ounce Bar gold 105s. Sd. Money 5A
per cent Discount rates: Short bills
6% per cent. three months bills 6% @
6 11-16 per cent Gold premiums at LIS
bon 140.
The New York herald., 1921-02-12

PARIS, Feb. 11.-Prices were stronger
on the Bourse to-day. Three per cent.
rentes 5s francs 81 centimcs. Exchange
on London SO francs rs centimes Five
per cent. loan 80 francs s5 centimes.
The dollar IS francs 49, u centirnes
The New York herald., 1921-02-12
CUSTOM HOUSE RECEIPTS.

Receipts for duties at the Custom
House yesterday were s557.329.66, OF
which s277.123.4 was for merchandise
withdrawn from bonded warehouses and
s2so.2o6.21 for recent importations.
The New York herald., 1921-02-12
FINANCIAL NOTES.

M. NJ. Freeman & Co. Of Philadelphia and
tho Mechanics Trust Company OF Bayonne
are offering S336.0O0 OF City OF Bayonne
IN. J) per cent. gold water bonds al I02
and Interest TO Yield SEQ per cent.
Theodore L. Bronson a Co. members Of
the New York Stock Exchange. have moved
10 100 Broadway.
Tho american Trust Company has been ap-
pointed registrar and transfer agent; OF tho
collophone Company OF New Jersey, the
Union Gulf Petroleum Corporation and tho
Jewell Oh Company and registrar OF the
American Retail Shoe Company and the
Turn Auto Corporation.
James A. Stills was appointed yesterday a
vice-presidcnt of The state Rank RE vas
formerly with tho New York Clearing House
association.
James l.. lie viness has been appointed an
assistant secretary OF the Guaranty Trust
Company.
Sales OF the Mccrory Stores Corporation
IN January were 1908. 1858. an increase OF 2. 20
ip20.
A. q meeting Of the Jobbers Overall Cred
ftorr Committee held yesterday the extension
agreement was declared operative.
The New York herald., 1921-02-12
A snle. Not a Gift.

Whatever the detailed plans of Read
Ing may be, and the Street probably
will hear next week what they are, it
appears certain from statements of sew
eral authoritative sources that the dis
tribution will be in the nature of a sale
Of coal assets to holders and not an
out and out distribution.
The New York herald., 1921-02-12
SUBSCRIPTION RIGHTS.
MEN OF FINANCE.

MEN OF FINANCE.
Many large business organizations solve
their Help problems by exclusively uslng
The Herald. Place an ~. Tomorrow. Call
FTtE Roy so0c-Adv.
The New York herald., 1921-02-12
Total revenue; ..;.:;. .s1s.aos. .se

ut Is the policy Of the company" the
report says. ito render good. adequate
and continuous service at fair and rea-
sonablc rates. In rendering such service
the company believes II Is taking its
rightful place in the community and do
ing It's part in the development of Brook
lyn. To keep pace with the growth and
prosperity of Brooklyn It will be neces-
sary during the coming year to enlarge
greatly the company's facilities, but II
Is hoped that the cost Of materials will
be considerably less than during the last
year. thereby reducing the amount to be
expended"
The New York herald., 1921-02-12
MONEY MARKET.
FRIDAY. FEBRUARY II.


FRIDAY, FEBRUARY II.
CALL MONEY.
Renewals. 7lI.sst. ............-
Hig1. Years high. .
Low. 7lYear's low.......... .
TIME LOANS.
Mixed collateral, 90 70 90 days.
Mixed collateral. 4 to q months. .6,S6I
rndustrlals, go TO 80 days. .IQIh
Industrials, TO 9 months. .........'..Igf%
COMMERCIAL PAFER.
I,est names. 20 8 months. hs.............1A
Other names, 3 to 9 months. ............7x
DISCOUNT RATES. RESERVE BANK.
Commercial paper. rs days, z: 10 TO 90
days, Z. Liberty bonds and Victory notes.
rs days 9: 10 20 90 days. 8. Bankers' 40
csptances. IS TO 10 days, Q.
OPEN MARKET RATES.
Prime eligible acceptanocs. on call, 81; re-
diecountnbls at Reserve Bank. 90 TO 90 days.
sxas: non-members and private bankers
eligible co 20 90 days, 6h16k non-eligfble.
go 70 90 days. sG7is.
CLEARING HOUSE STATEMENT.
Clearing House exchanges. s57s. .t7p, ,Te2
balance, t56.565.59s. Federal Reserve credi,
balance. s4e.3i5,a46.
SILVER MARKETs.
OFFICIAL bar silver IN New York, domestic,
p9ikc. an ounce, unchanged: foreign, 62xc.,
up &C.: London. 3GAd.. off Nd. Mexican
dollar, 4TMc., unchanged.
The range OF silver prices this year:
Highest. Lowest.
New York .,... .ssxc. Jan. 8 b7No FEB.
The New York herald., 1921-02-12

New York funds IN Montreal sf33:T5 pre-
rni,,nn PEI 81 900: Montreal FUNDS In New
yo-js. slf75o discount per $1,000.
The New York herald., 1921-02-12
SOUTH AMERICA

1874 Yokohama. cents yen.
Demand $3.50 4s.5g ss.s0
Gables ....... 1910 1910 1910
The New York herald., 1921-02-12

Theodore L. Bronson a Co.. members Of
the New York Stock Exchange. have moved
10 100 Broadway.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-10
Governors Boxing
Delegates Gather to
Launch Organization
Nationwide Ruling Body
Looms as Representatives
of II States Convene.

NEW YORK, Jan. 1o.-Delegltes APP
pointed by the Governors of seventeen
States were to meet here today at the Of
fees Of the international Sporting Club
to create a national body for the control
of boxing.
The objects sought in the calling Of
today's conference and the forming of a
boxing organization of nationwide scope
are of great Importance to the ring sport.
Lack of general control has long been a
weak spot Many reforms, such as uni
form weights, the abolition Of fabulous
purses, cooperation between various
State commissions in enforcing the rules
and in keeping recalcitrant boxers in line
will be discussed and probably adopted.
Among the delegates named to repre-
Gent the various States at the conference,
which is to continue through Jan. II, are :
Massachusetts,. Col. A. F. Foote; Ohio, L..
h. Lightcap; New York, Joseph Johnson /;
Pennsylvania, William II. Recap; Mary
land, Latrose Cogswell; New Jersey,
John 3. Smith; Connecticut, d. c. Haw-
kins Michigan, Thomas w. Bigger /;
lucky, Frank b. Russell; Wisconsin,
Walter H. Liginger; Montana, W. A.
Tremblay; Minnesota, Robert J. Sieber-
lch; West Virginia. Louis A. Carr; Okla
homa, Adjt Gen. c. f. Barrett; Louis
lana, p T. Burke; South Carolina. ]. O..
Van Meter.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-10
SPORT EDITORIAL
= BY EDDIE ASH.

intellect speak right out and
should be shouted
giving
n
President
of
OF
which
spreading knowledge
to
is o publicity
to of
field of
P. of
Not had
football became famous
o
of doing this But
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-10
WABASH TURNS
TO PURDUE GO
Successful Illinois Trip Puts
Scarlet in Trim for To-
mOrrOw's Scrap.

CHARLOTTESVILLE. Ind, Jan. 10
returned last night from a successful in
vasion OF Illinois, was given quite a re-
ception this morning by the student body.
The Little Giant FIVE last week met and
defeated Augustana, Muikin and Knox,
three highly touted teams In Illinois.
Enthusiasm is running high here
among the students and followers of Old
Wabash. The Scarlet went through a
light practice this afternoon, and tomor-
row night will take on the Purdue crew
st Lafayette. This contest should be one
Of the best affairs OF the season. More
than 100 students ana followers OF Old
Wabash will make the trip to see Coach
Naughan's men clash with the Boiler
makers.
The Scarlet is not one bit "coeky" over
It's great showing on the road. The ath-
letes realize that Purdue is going TO be
a tough opponent Coach Vaughan said
last night that The Wabash five was ac-
corded wonderful treatment on the trip.
He also brought hack the news that It
was Milikins first defeat on its home
floor In more than three years. Milkin
had beaten Iowa and Illinois this season.
The house was packed and hundreds Of
fans were turned away rom the doors.
Jan. Is the Little Giants VIII be seen
in action at Charlottesville. Coach BUSES
Tiger outfit from De pauw will provide
the opposition. The enemy" is said to
have another crack five this season. Wa
bash officials are counting on the largest
crowd in the history of the college to
witness the game that evening
Press reports from Bloomington state
that Wabash is scheduled TO meet the
Crimson next Friday night Coach
Vaughan announced today that these two
schools have no game scheduled.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-10
PURDUE CLEARS
FOR ACTION

LAFAYETTE, Ind, Jan. 10.-Coach
Lambert today wound up preparations
for the Wabash game tomorrow night
with a light signal and basket shooting
practice. The men are slowly returning
to form after the hard road trip. which
was firing on some of the youngsters
who are playing their first year on the
Boilermaker team. Masters, who was OF
form in every game on the trip. has hit
his stride again and should be a world
Of strength on both the Offense and de-
Tense at forward. Holwerda viii be Mas
ters' running mate for the other forwa I'd
position. He led the team IN scoring
field goals on the recent trip, topping
White by two.
Miller and White will he seem at their
old positions at guards. Both players
were ranked on All Conference teams last
season. A noticeable Improvement can
be seen in their playing The Purdue
mentor has a hard job on his hands in
picking a center. This position Is the
weak spot on the Purdue team. Three
men are battling for the job. Treat and
Chafee started the season and Coffee was
considered In the running after he made
in the Butler game.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-10

games, twenty two, and Jess Haines. OF
the Cards, pitched the greatest mum
Der, forty seven
In the matter of completing games
Alexander once again tops the 1920 list
with thirty three, and he also pitched
the greatest number Of innings 1863. In
pilinS up eleven straight Victories the
great Alex took another honor during tho
season recently closed and he led in
strikeouts with 173.
William SherdelI. Of st. Louis. finished
the most games. He Is credited with
twenty eight The veteran Babe Adams,
Of the Pirates, led the field in shutout
games with a total of eight and gave a
wonderful exhibition of control by per.
hitting only eighteen of the 1O35 bats
men who faced him to take first on bases
on balls. The year previous Adams
pitched to 1917 batters and gave up
twenty-three passes.
Ferdie Schupp. of St Louis. was the
most liberal pitcher. He gave up 1917
passes. Charley Ponder Of the Pirates
made the greatest number Of wild pitches
ten, and John Scott hit the greatest num-
Der Of batters, thirteen.
There were thirty four pitchers in the
senior league who pitched at least ten
complete games and twenty five who took
part In ten or more games, but did NOT
complete ten nine-inning games.
Four pitchers-JOhn Benton Dick Ru-
dolph, Elwood Martin and John Scott
tied in making the longest losing streaks
during 1920, with seven straight defeats
apiece.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-10
4; ;;;:s;:;:is,;;SS=;Iss;ss.=1NITH
WIGGINS FACES e.
CLEVER GIBBONS

Chuck Virgins, indianapolis light
heavyweight, will have another battle
with Harry Greb, his Pittsburgh rival
at stake when he takes on Tommy Glib
bons of st. Paul for ten rounds at Gin
cinnati tomorrow night. Gibbons battl2d
his way to a victory over Virgins In
their recent Toledo affair, but Chuck de-
clares he is in better shape for tomorrow
nights scrap than he has ever been in
previous bouts with Gibbons and he is
confident that he can teach the brother
of the famous Mike a few new tricks.
Virgins. Greb and Gibbons have met
each other several times since the trio
sprang into prominence and the results
of their battles vary so that 1t is diff
cult to pick the best Of them. Gibbons,
however. seems to hold Il slight advan-
tage. In the most recent Greb- Virgins
fight, the semi-windup to the Dempsey
Miske go at Benton HarbOr, everything
was even.
Several promoters are figuring on a
match between the winner Of the Gin
cinnati fight and Greb. which contest
probably would result IN the finding of
new Dempsey opponent.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-01-10
MAGNATES SEE
PROBLEM MET
WITHOUT FUSS
Minors Expected to Accept
New Pact After Changes
Have Been Made.
HOPE TO SETTLE DRAFT
BY LUTHER HUSTON.


International News STAFF Correspondent.
CHICAGO, Jan 1o.-Major and minor
league baseball magnates will get to-
gether at a series Of meetings that began
here today and cut, sew and iron the
wrinkles out Of baseball's 1871 garments.
A complete outht suitable to the increased
prosperity viii be tailored for Old Man
Baseball.
The prediction that the magnates
would get together appeared entirely safe,
as the conference, that viii last three
or four days, began this morning. There
were some small rumblings that indicate
an undercurrent Of rebellion, but they
were not really msnacing and those who
have watched the workings OF previous
baseball meetings easily detected signs
that the moguls would manifest their
usual facility in surmounting difficulties.
Foremost among the signs of peace was
the indication that the minor leagues
would settle all qusrrels and join with
the major circuits in approval of the
new national agreement under which
Judge K. NJ. Lands becomes the chief
administrator Of baseball law.
j. Cal Ewing, representing the Pacific
Coast League, said today that his league
would favor a restoration Of the draft
II the other Glass "A circuits-the Amer
icaa Association and the International
Lesgue-wilI agree. It is expected that
some changes viii be made in the pro-
posed national agreement, which was
drawn by George Wharton Pepper q
Philadelphia lawyer, but that It finally
VIII be approved by all the major and
minor leagues.
President Ban johnson Of the American
League took a big step toward peace
when he announced that his league would
sign the new agreement and come into
the fold under the shepherdship Of Judge
lands
The minor leag CUES were to hold meet
ings here today and work out their plans
and proposals for the future code OF
baseball. Preliminary meetings will con-
tinue until Wednesday, when a joint
meeting Of the majors and the minors
will assemble. By that time. it Is ex-
pected, a basis Of agreement will have
been worked out.
The schedule committees Of the Ma
tional and the American Leagues were
still at work today on the 1921 playing
program. By dint of strenuous endeavOr
the committees hope to finish their work
and make February meetings Of the
American and National Leagues unneces-
sary. Judge lands, President Heydler
Of the National League and Ban Johnson
fer the conduct OF the worlds series.
Empires may be placed on a percentage
basis the same Is players who partici-
pate in the annual fall classic
new form Of contracts for players,
in which the players would agree to
recognize the authority of Judge Lands
in ali matters Of baseball ethics both on
and of the field, also is likely to be
devised.