davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
STEEL CORPORATION
BOOSTS SHEET PRICE
Follows Independents in S. a
Ton Acknowledgement Is
Steadily Growing.

The American Sheet and Tinplate
Company. subsidiary OF the United
States Steel Corporation. has followed
the lead OF the independent steel manu-
featuring companies in advancing the
price of sheet products So a ton, ac-
cording to announcement in Pittsburgh
yesterday.
The new list shows blue annealed
sheets advanced from s2.25 to $3.50 a
hundred pounds; light black sheets and
tin mill products from s2.75 to SO; gal
vanized sheets from s3.75 to s4. all
Pittsburgh base.
The increase was brought about. steel
authorities said, by substantial de-
mand. This demand has been steadily
growing within the last three weeks un-
til yesterday the coInpany's mill opera
tons were declared to be double those OF
September /.
Another feature Of the revival, which
attracted general attention. was the
statement In Pittsburgh that delivery
overnight" had ceased TO be a part of
the market, and in most instances buyers
would now be compelled to wait from 40
to SO days. The rate OF bookings Is
said to be heavier than at any other
time since last year. 1t is estimated
that some mills will be able to run at
so per cent. OF capacity and more in
the next few weeks. The Steel Corpora
tons schedule for its sheet mill for this
week has been fixed at 20 per cent, but
1t Is expected to exceed that mark.
Reports continue of Improvement In
other lines of the industry. Contracts
have just been placed by several large
consumers In the Eastern territory for
substantial tonnages of pig iron to be
shipped in the remaining months of this
year. Total sales are said to amount to
about $4,000 tons. while awards on
10000 tons additional are being dis
tributed and 5000 tons more are still
under negotiation for shipment to con-
sumers in Massachusetts,. The Eastern
Steel Conpany's furnaces are said to
have booked 10000 tons OF this total,
including 1000 tons ordered by the Gen.
eral Electric Company.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
RESERVE
BANK STATEMENT
Bill Holdings, Earning Assets,
Deposits and Circulation
Drop in Week.
1pecIas DessGtcA to THE Nnw Yonk HERALD.


Special DespGtch to THE New TonK Herald.
New York Herald Bureau.
Washington, ID. G., Sept. %.
Further liquidation of s4S,10O,o00 Of
bill holdings and OF s5s.o0O.O00 of earn
ing assets. accompanied by reduction Of
$4,000, 900 in the reserve banks deposits
liabilities and of s17.00o,0o0 in reserve
note circulation, against a further
strengthening by s2S.6oo,000 of the
banks cash reserves is indicated in the
Reserve Boards weekly consolidated
bank statement for the week ended last
night.
Government operations during the
week were unusually heavy and included
the redemption OF the bulk OF about
1886, 600. 900 OF tax certificates, maturing
on September Is, the payment of semi
annual interest on the maturing certif-
Gates and on Third Liberty Loan bonds,
tho collection Of the September Is install
ment of income and excess profits taxes
and the issuance as of that date OF $685.
100000 of new tax certificates and
Treasury notes. The effect Of those OPP
erations on the resources of the system
is less evident than it was on former oc-
casions the weekly statement of the re-
serve banks on September 81, !. e., six
days after the Government operations OF
the 18th, showing no extraordinary re-
duction In the reserve banks holdings OF
discounted bills or any increase in spe-
cial certificates to cover temporary adj
vances to the Government.
Reserve bank holdings OF bills secured
by United States Government obligations
show n reduction for the week OF $780,
000 other discounted bills declined s32,-
100000 while holdings of acceptances
purchased In open market fell Off $1,000
900. Pittman certificates. used as cover
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
NOTICE OF REDEMPTION.

To the holders OF go serial First
Mortgage Convertible Notes, is-
sued by St. Louis Coke & Chemical
Company under date June 1,
1920, and secured by First MORT
gage Deed bearing Same date,
executed by said St. Louis Coke
& Chemical Company, TO and
in favor of Continental and Conn
nercial Trust and Savings Esnk,
of Chicago, Illinois, as Trustee:
Please take notice that st. Louis
Coke {, Chemical Company desires to
and has elected TO redeem all Of said
notes outstanding. and that such re-
oenptlon will be made at the Office OF
Continental and Commercial Trust and
Savings Bank at Chicago. Illinois. on
December /, 1921. Holders of all said
notes are hereby notified and required
place to said Trustee for redemption.
Money sufficient TO redeem all said
notes mot heretofore purchased. ex-
changed or otherwise redeemed by the
Company and to pay the full amount
Of principal and interest thereon TO
December 1. 1921. and premiums there
on equal to onc-half Of One Per Cent.
Of the principal of such notes for each
six (6) months period from the date Of
such redemption 70 the date of ma
turity of said notes. has been deposited
by Undersigned with Trustee accord
ingly.
An said outstanding notes not pre-
sentcd for payment and redemption. on
or before December /, 1921, will cease
to bear int est on that date, under
the terms Of said Mortgage Deed OF
Trust securing the same.
Dated June so, 1927. -.
ST. LOUIS COKE & CHEMICAL COMPANY.
BY Geo. I. Buckingham, Vice PreA
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23

ents ........... si2,T4I ,S07 si2725. taa
Reserve percentage ~ year ago calculated
on basis Of net deposits AID reserve note cir
cuation.
An advertisement ~ the Lost and
Found columns OF THE NEW YORK
HERALD Offers real possibility o
recovering your lost property.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
LOAN TO CHINA UNCoNFrRuED.

The reports from Montreal and Lon
don to the effect that Canadian bank
ing syndicate would lend S3.00oooo in
Canadian funds to China were uncon-
flrmsd In this city yesterday. Bankers
stated that they had no advices OF such
u loan. The report caused consider
able uproar in London in view Of the
plans OF the consortium for China. but
1t was not viewed seriously here. Were
the Canadian Government interested
that would have been a different mat
ter. but bankers In New York professed
indifference toward the reported Cana
dian loan.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
SIS, 600, 900 FARM AID
BY WAR FINANCE CORP.
First Advance Made Under
Recently Enlarged PoUers.

WASHINGTON, Sept. 22.--Advsnc
totalling s15.0o0,oo0 made to the Co
operative Grain Growers of Minnesota
to help market the 1921 crops YVES an
nounced to-day by the War Finance
Corporation.
The advances, officials said were the
first made under the corporations en-
larged powers authorizing the extension
of credit upward of one billion dollars
for agricultural and livestock relief.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
Dillon, Read & Co.
Sinking Fund Agent
NOTICE


heom of "a
The Trustee
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23

ST. LOUIS COKE & CHEMICAL COMPANY.
BY Geo. I. Buckingham, Vice PreA
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
Wilkesbarre & Eastern
lst SIS, 1912
Wolff & s Tn nseyI
Tel. Rector 2s2o 72 Trinity Pl.
FOREIGN MARKETS.

LONDON, Sept 22.-Tradirg was fea-
tureless on the Stock Exchange to-day.
Bar silver. Al sd. an ounce: bar gold,
HOS. I'D. money, az per cent. dis
count rates. short bills, per cent :
three months bills. Az 04A per cent.
PARIS, Sept. 22,--Trading was dull on
tho Boursc to-day. Three per cent.
rcntes. SO franco 10 ccntimes exchange
on London, 90 francs &c confines 5 per
cent. loan, 81 francs IS confines the
dollar, IL francs is centirncs.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
0. S. CERTIFICATES AND NOTES

Closing prices bid In yesterdays open
market for United States certificates Of
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
BID AND ASKED QUOTATIONS
FOREIGN GOVERNMENT BONDS.

n. Y. STOCK EXCHANGE QUOTATIONS.
To the following prices accrued interest
is to be added:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-09-23
CUSTOM HOUSE RECEIPTS.

Receipts for duties at the Customs
House yesterday were $674.s13.45. Of
which $243,593.57 was for merchandise
withdrawn from bonded warehouses and
Sab. 019.SS for recent inportations.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
lay JIG AssoeIased P-sss. )

WASHINGTON, Oct. 1S.-StoTmy
scenes in which sharp epithets were
hurled marked the discussion of the
railroad situation today in the house.
Representative Burke. republican.
Pennsylvania, a former railroad man,
called Representative Blanton, demo
crat. Texas. who had just concluded a
bitter attack on the railroad brother
hoods. "a damned liar" in charging
the Texas member had made false
statements.
Representative Blanton leaped to
his feet, and denying he had stated a
falsehood, shouted: You're a liar"
This brought the retort: You're 4
damned liar," from Mr. Burke. Dur
ing confusion brought about by mem
bers rushing to restrain the two mem
bers from bodily clash Mr. Burke
shouted at Mr.. Blanton: You're q
dirty dog"
Both representatives 1ater asked to
have their remarks expunged from the
record, and order was restored.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
MAY NOT EMBROH
SOUTHERN RAILWAY
Was Not Represented at Chicago
Meeting and Has Not Asked
for Wage Reductions.
lby The AaaoeIatea Preaa.l ]

RICHMOND. Va, Oct. 1s.IThe
Southern railway was not represented
In the Chicago executives meeting nor
has itnade request OF the railroad la
Dor board for further reduction in
wages. according to telegram re-
ceived tonight by c. A. Arthur, sup
with headquarters in this
city. and signed by r. Z. Simpson,
general manager OF the Southern Rail-
way lines, east.
The telegram follows:
''Mr. Harrison authorizes me to say
to our employees that the Southern
Railway was not represented In the
executives meeting, nor has
it made request of the labor board or
the men for a further reduction in
wages. You are at liberty to impart
this information to the press ana to
all employees, as I feel they should
know it."
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
(sY GEORGE Il. MANNlNo.)

WASHINGTON Oct. 1S.-Tbe earn
est and vigorous support OF Senators
Fletcher and TramueIl Congreeunen
Smfthwick and Crane, and Republican
national Commftteeman George w.
Bean, OF Florida, was today assured
Lieutenants Darby. Kearney and
Kirk, from the Pensacola naval air
station, in the effort to have the navy
department award the naval reserve
flyers the rank in the regular naval
establishment to which they believe
they are entitled as result OF the ex-
animation taken in May.
Lieutenant Darby arrived here Mon
day and Lieuts. Kearney and KIRK to-
day, and at once got into touch with
the Florida senators and congressman
whom they found very sympathetic
and anxious to do everything possible
to aid them in having the apparent in
tusttce TO the naval flyers corrected
It should be thoroughly understood
from the start, however, that the
Florida senators and congressman
found the navy officials had well for
titled their case and appeared entirely
to alter the ratings and de-
cisions made by the general navy
board which conducted the examina-
tions. The navy department takes the
stand that notice was given almost
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
JOHN A. AyANT SELECTED TO HEAD
WESTERN BRANCH CHILDREN'S HOME

The election Of John A. Avant to
succeed L. Hilton-Geen as president
of the West Florida branch of the
Children's Home Society Of Florida,
the resignation OF Miss Evelyn Dem
ing to take effect November first. the
appointment Of Miss Myrtle E.
Wright to succeed her here in PEN
eacola and the statement that the bud
get which was placed last year at
SIS, 600. has been reduced to $4,000 for
the coming year, the society having
demonstrated that the home can be
run satisfactorily on one thousand doll
lars per month. were outstanding fea-
lures OF q meeting at the San Carlos
yesterday afternoon.
Resolutions. introduced by Marcus
Fagg. of Jacksonville. regretting the
resignation of Mr.. Green were unani-
mously adopted and much regret was
expressed at this resignation. but the
directors congratulated themselves on
the able successor Of Mr.. Green.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
REPRESENTATIVES, BURKE AND
BLANTON HAVE BITTER WORDS
Pennsylvania Congressman Charged That Railroad Employs
We're Preparing for "a War TO the Teeth and Death,
Which Was Resented by the Texas Man.

Representative Blanton during his
speech charged the railroad employees
were preparing for a war to the
teeth and to death" while members of
congress '.sft here like q bunch Of
ninnies."
'sWe ought to tell them" he shouted.
walk out If You want to, but there
are three million idle men ready to
take your jobs. and you won't have
any when you are ready to come back
to work
Asserting that ~the country win
think we are a bunch of towards.
afraid to do our duty" Mr.. Blanton
declared that president Harding
won't truckle-heu show the men
where to head in"
Mr.. Burke, formerly an active mem
Der of the Conductors Brotherhood.
took exception especially to figures
quoted by Mr.. Bfanton as represent
ing the monthly wages of railroad
workers, and IN this connection
charged the Texas member with max
ing false statements.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
TWO PLANES FALL,
ARE TOTAL WRECKS
Lieutenant ThurstOn and En-
sign Pounds Have Miraculous
Escape From Death.

Lieut.. a. p. Thurston, ]. O.. was badly
cut about the face. receiving deep cash
near one OF lis eyes, when he fen with
an Hs-2 plane yesterday about noon.
Lieutenant Thurston was flying alone.
and wnsn near Town Point his machine
became unmanageable and suddenly took
q nose dive. dropping TO the bay and
reboundins ten or twenty feet. While
the flyer was not seriously injured. the
plane was total wreck
a second accident occurred about two
hours later, when IN N-s, pilOted By En-
sign 4, X. Pounds. IN 4 practice flight.
fell TO the bay near the quarantine station.
Ensign Pounds foot caught in the rudder
and he lost control Of the plane. causing
it to crash. He was slightly cut about
The faca. The plane waa complets
wreck.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
GERMAN PEACE TREATY IS RATIFIED BY THE SENATE
EFFORTS BEING MADE TOA VERT NATIONWIDE RAIL STRIKE
PREDICT active CONSTRUCTION OF ESCABLA ROADS soon
DELEGATION MAKES
EFFORT TO AID NAVAL MEN
SECURE RANK ENTITLED TO
Department Appeared Be Unwilling to Ratings and
Decisions Made by the General Navy Board Which
Conducted the Examinations.

a year ago that the reserve officers
were to be subjected TO an examina-
tion preparatory TO receiving rank of
officers in the regular navy establish
ment. and that many failed entirely
to make the necessary preparation for
the examination, and failed chiefly on
that account While realizing fully
that the naval air service win be woe
fully crippled through the loss Of sew
eral hundred very capable flying off,
cers if the announced ratings are in
sisted upon, navy officials hold that
they are bound by the law and the
naval regulations to stand by their
present position, and that It is entirely
up to the officers to ftt themselves
TO qualify for the positions they seek,
So many officers failed the exam
nations that It seenrs more than likely
the navy department viii be compelled
10 continue many of the reserve off,
GERS in the present status for several
months IN order not to entirely dis
rupt the flying service and force the
abandonment of the Pensacola station
and other stations, because It appears
most of the naval flyers are reserve
officers.
OF the 226 reserve officers in the
naval flying corps only 12o passed. It
is learned, and out of 134 temporary
regular officers, 1s qualified for per
nanent status
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
WILL MAKE ANOTHER
EFFORT To SECURE
FEDERAL AID HERE
Special Committee to Meet With
State Road Department
on October 27
WERE APPOINTED BY THE
COUNTY COMMISSIONERS
Prospects Bright for Work on
the Gulf Beach Highway to
Begin at Early Date

b. w. Marsh, secretary OF the fosnf
commfttes on road Improvement, r. p
Reese, county attorney, and Commits
sioners Soder1ind and Candy. repre-
sent1ng the special COMMITTEES en-
pointed by the COMMISSIONS bogetl1-
er with the other members OF the
county commissioners, Including
Chairman i. s. GalmorO, T. T. Went
worth and r ". Gates ana the com
misstoners of Santa Rosa county, VIII
form 6. delegation leaving Pensacola.
on the afternoon OF Tuesday, October
%, for TaIlahassee. where they svin
meet on Thursday, Oc1obeE 9th, win
the state road departman1
The commissioners WIN meet On
Tuesday morning and. according to
present plans, win leave Tuesday az
ternoon, making the trip By automo-
bile probably reaching Tallahassee in
time Tor several hours rest and IN
formal talks with members OF the
board, before the meeting which IS
scheduled for Thursday.
b. w. Marsh, speaking OF the pros
poets for county road development.
spoke cpdmisticaIly yesterday:
We feel assured now that the con
struction of the Gulf Beach highway
viii 80 forward without any delay and
IL seems positive that the construction
work on this read win be completed
IN time for use next summer III tho
transportation or material can be SAT
1sfzct0rily managed the contractor
can start at three points. beginning at
Half Way House and at or near Trout
Point, constructing both ways. and al
the end Of the lagoon, barging his ma
teria1 through Big Bayou and the
Grand lagoon.
we ass3 turning attention now TO
obtaining from the state road depart
msnt a dsfinits allotment OF federal
aid. aaisyldr Marsh
The department. Wiz rnean at seslla.
hassak ssstobsr 27, andExs special ooua-
rnitte Spects 70 go bkSore them IA q
final Wort to obtain 10 financing OF
the Va PIE road progra
Tn conference betvgsn ths house
and s4aate on the road .htl1 resutoe6 n
settlirks ~ differences d there win
be availab+ at once aboCt one quarter
Of u61lioI dollars, which the state
road department. has ct tks disposal
and t is this money We are gosng after
especially.
7AH~t1 WILL IN 11aTch or uezzE Ts1dEs
Do over fa1f b million more out of ah4n
appropriation. and We hope to have
this promised TO US also.
~n we are successful, and we feel
sure that We chan be- In o0ta4nfnw
enough money at least to comrnence
the work this year, the work On 6ha
other roads win be started at once
Il win take some little time after al-
lotment before the money = avadlabie.
as legal prelfmfnaries must be gons
through with, but we feel certain that
actual construction on the other roada
of the county win start early IN 1879.
Il know that everyone connected
with the road department. IS going 60
their efforts on gettsnw
the active construction under had
Continued on Page Tsvo.l
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
OF G., ,F.&A FILE
EXCEPTIONS TOMASTER'S TERMS

Another chapter In the Forthcoming
sale of the G., F. * A. raflread was
added Yesterday. when a hearing was
had before q. 8. Judge w. B. Shep-
pard Of exceptions to the terms OF sale
as reported by Special Master G. e.
Hoffman
The terms of the sale were referred
to Attorney Hoffman as special mas
ter to report 20 fhe court on the pro-
priety OF amending the final decree
rendered 70 the court so as to permit
q reorganization and to fix certain
classes Of creditors On an equality.
In his report Special Master Hoef-
man recommended the granting of
certain creditors rights and put all on
an equality prior to Decsrnber 9, 1919
The motion pending before Judge
Sheppard was the hearing OF excep-
tions filed by various creditors of the
receiver,l John r. Steele The excep-
ttons heard. by the court were filed
by creditors who Objected to q report
made by Special Master Hoffman on
September 20.
Various railroad ard supply COM
panfes swere represented by Mr.. Ste
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19

Mr.. Avant. IN accepting the honor,
spoke briefly of the good work accom-
plsshed BY Mr.. Green, his hope that he
might be equally OF service and his
determination to give the best service
possible.
Miss Deming, in making her report.
showed that for the four months from
June IS, children to the number OF 1SS
were cared for at the home. During
the last year and a half 52s children
have been cared for.
In the financial report which Miss
Deming made for the treasursr. d. d.
Mcmillan. it was shown that the So
ciety atill has $1.11e in the treasury,
enough to finance the home until about
December /.
1t was decided to send letters Of ap-
peal for support to the extent OF that
given last year to all who contributed.
and IL necessary to follow up this ap-
peal with q campaign for money TO
finance the home for the coming year.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19
COMMISSIONERS OF TWO COUNTIES MEET
AND PLAN BUILDING CENTURY BRIDGE

County commissioners from Santa
Rosa county met yesterday with the
Escambia county commissioners in
joint session. for the purpose Of max
ing preliminary plans for . bridge to
be built near Century, Fla. BY the two
counties. f. H. Cobb, chairman, j. E.
Keene, W. B. Dobba. s. A. Wolfe, bond
trustee, and Charles Overman, county
engineer made up the party from
Santa Rosa.
The war department win be asked
for permission to span the river at
4 point near Century, and following
this f0rma1ity. and tha sale Of the road
district bonds Of Santa Rosa. which
ara expected 20 have ready sale. the
work on the bridge will be started
Escambla county already having In
corporatsd in its budget the sum OF
SIS. .0ee to be devoted TO this work.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1921-10-19

stephens. Mcleod, Mccorvey &
Goodz, Of Mobile. other representa-
tiyes were: Phnfp d. BsaIrs. Tor the re-
ceiver; Watson & Fasco. for the Cen
tral or Georgia rafir0ae - various
supply creditors; Judge y Maxwell.
for supply creditors; K.fags F. d.
Beggs. for supply credL 50 William
Fisher, for the local ersdi1ors' COM
mittse: Lewis & Kelsey for the trzls-
toe CcmplainRutz. the Coanmbia Trust
company, New YerA CITY; Hubert c.
Vaudeville. Dor bondholders ana hold
ere OF receivers certificate.
The question primarily presented
was the right Of supply and material
creditors to prior payment over all
road interline balances for freight and
car per diem.
Other exceptions went to tlls ques-
ton Of whether or not the special
master was correct 10 putting freight
and damage claims gubseryient 10 ma
teriaI and supplies.
The special master recommended
the payment OF all three OF these
(continusd on Page Twol