davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-08-11
ADDED TO EXCHANGE LIST.

The New York Stock Exchange added
yesterday to the list through action by
the governing committee the following
securities: Pittsburgh, Cincinnati, Chi
cago and st. Louis Railroad Company
general mortgage per cent gold bonds,
series A, due juno 1, 1870, in amount
S2O,Oo0.000. on official notice of issuance
~ exchange for outstanding temporary
bonds Pennsylvania Railroad Company
10 years "a per cent. secured gold bonds
due February 1, 1885, In amount $780,
100000 on official notice of issuance in
exchange for outstanding temporary
certificates; Delaware Lackawana and
Western on and after August 20, sl2,-
2770Oo capital stock on official notice
of issuance as n stock dividend, with
authority to add s2,723.00O OF said stock
on official notice of issuance and pay
ment in full, with statement Of property
acquired or disposition on proceeds.
making the total amount authorized to
be listed SS7.277, 600; Stern Brothers s
per cont cumulative preferred stock
s1,0O0,000 Cor so much thereof as may
be required) on official notice of IS
suance as a stock dividend, with author
ity 10 add up to s3,000.000 additional on
official notice Of issuance In exchange
for outstanding per cent cumulative
preferred stock, making total amount
applied for s4,0o0,o0o,
The New York herald., 1921-08-11
UTAH SURPLUS Ss74,4ss.
Three Companies Report Slight
Decline for 1920.

The combined income statement OF the
Utah Power and Light Company, the
Western Colorado Power Company and
the Utah Light and Traction Company,
for 1920, shows surplus. after charges,
taxes and depreciation. Of $974,4S9 COM
pared with $1,012,152 in the preceding
year. Gross earnings totalled sS,5e1,-
2o6. against S7,3S0,952 In 1919. The net
after taxes and expenses amounted to
s4.0s6.6e4, compared with SS,771.039 in
1919. From gross income OF S4.215.7S0
interest of $2,4s1 .566 and S759,725 were
deducted, compared with respective
charges Of s2,45s.594 and 100000 for
those items In the preceding year
The 1920 income statement OF the
Utah Securities Corporation. including
the undistributed earnings of its sub
sidiary, the Utah Power and Light Com
pany and the latter's subsidiaries, shows
combined net income OF s49.339, COM
pared with s11i,674 in the preceding
year. Its gross receipts totalled S726,-
1s2, against s764664 in 1919. Deduc-
tions included $iS0,53s for expenses,
taxes, &c, and s496,320 for interest
charges, the latter OF which showed no
change from 1919.
The New York herald., 1921-08-11
DIVIDEND Is PASSED
BY AMERICAN SUGAR
Common Stock That Has Paid
% Per Cent. Omits Return
for First Time.

For the first time since the incor-
poration Of the company In 1891 COM
mon stock holders of the American Sugar
Refining Company will go without
dividend return on their investment as
a result of action by the board of di-
rectors yesterday. when the dividend
was omitted. The regular preferred
dividend was declared. amounting to
s1.75 a share. payable October to
stock OF record September /.
Beginning with an initial annual pay
nent of per cent. In 1891, the COM
pany paid as high as 20 per cent and
as low as 61a per cent. In subsequent
years, disbursing 10 per cent. a year
In 1919 and 1920. Early this year the
common dividend dropped to the
annual rate of 7 per cent, and now 1t
is passed entirely.
In explanation OF the common divi-
dend omission Earl D. Babst, president.
who declared that conditions now arc on
the mend, said:
"Since the crisis a year ago In the
sugar industry American Sugar Re-
fining Company has been without ade-
quate earnings on its refining operations.
Its income from investments has de-
creased also. Meanwhile it has taken
losses on inventory and by reason OF
repAdiation of contracts for sugar sold
to the trade. While conditions have Inn
proved recently yet 1t is tho judgment
Of the board of directors that con-
servative course should be followed.
Accordingly it was decided to omit the
dividend on the common stocl5 Tor tho
present. The dividend on the pre-
ferred stock was declared.
"The building in Cuba OF the raw
sugar central at Jaronu is nearing COM
pletion and the new refinery at Balti-
more will be In operation within nine
months. Both of these properties should
be good earners in normal times. and
should greatly increase the efficiency
of the company"
The New York herald., 1921-08-11
STEEL PRICES STEADY;
PIG IRON GOES LOWER
Production of fngots Fell off
in July.

Steel prices have held steady during
the last week. according TO surveys OF
the trade, and the moderate improve
ment OF demand to replenish depleted
stocks which was noted the week before
continued. There were. however, con-
cessions in prices OF pig iron In several
districts.
1T is recognized" says the Iron Age,
that large business Gin steeD would
develop special prices. but on the gem
eral run of small orders'competitive de-
viations of more than 81 TO SO froI:l the
schedule recently made public are not
common. The rate OF steel works opera
ton Is substantially unchanged and the
same alienation Of activity and shut
downs that has obtained at many plants
for several months Is expected to con-
tinue into the fall.
"Steel. like pig iron, fell off 20 per
cent. IN July from the output In June.
The ingot statistics show s03.376 tons
produced by thirty companies last
month. indicating 950.000 tons for the
whole industry, against 100000 tons
IN June The July rate represents about
III 100000 tons a year, as against rate
OF 3O,000,000 tons a year in January
and an actual output of 40,SSl.000 tons
in 1920.
The IRON Trade Rovtep will say to-
day: Buying interest in iron and steel
Is more pronounced the last week and
has added further encouragement TO the
hope that July will prove to have marked
the low point in output and bookings.
Inquiry has undergone a noticeable in
crease and sales have been heavier IN
most lines. Tonnage closed, however,
has been in much less volume than re-
quests for prices, indicating that buyers.
while more appreciative OF attractive
ness OF the prevailing market. are feel
ing their way and moving slowly.
Lower figures of s35.S2 are again
shown by the composite market average
Of the Iron Trade Reviet0 this week.
This compares with s3656 n week ago.
$3s.14 for all July and s4l.S7 for June
The New York herald., 1921-08-11
REPLOGLE, RETURNED,
SAYS EUROPE IMPROVES
Impressed by Czecho-SLoUakia
and Germany.

j. Leonard Replogle, chairman Of the
Replogle Steel Company and president
of the vanadium Corporation of Amer
lea. who has just returned from an ex-
tensive European trip. the second In
about a year, reports material improve
ment in conditions on the Continent as
compared with the beginning of the pre-
ceding twelve months, and he states that
he was particularly impressed with the
progress achieved in Czecho-Slovakia.
Germany Is coming back strong
said he. "A year ago she had few in
dustries operating. largely on account OF
coal shortage. Now she appears to have
through the countries visited although
materially injured by the long continued
drought.
"Czeche- -Slovakia appears to be about
the most promising of all the newer ma
tions. 1t now has rs per cent to 80 per
cent. OF tho steel industry In what was
formerly Austria Hungary and such
plants as Skodi, Witkowitz and Bergun
Hutten are operating about S5 per cent.
capacity. They are shipping consider
able steel TO South America and a ma
terial amount 70 England. Their low
labor costs, due to deprecated currency,
give them an enormous advantage in
export trade.
I'm Austria, where spent some time,
and Poland the currency situation is
very bad and has almost reached the
stage OF barter and trade. The farmer,
in many cases, refuses to sell his prod
ucts for money, as he does not know
what the money will be worth to-mor-
row. During the few days we were in
Vienna kronen went from 750 TO 1000
TO the dollar. The farmer refuses 10 take
money on any basis and will exchange
his eggs and butter for shoes and cloth
ing in preferences
The New York herald., 1921-08-11
WESTERN PACIFIC EARNINGS.

The net operating income OF the West
ern Pacific Railroad for the first six
months OF tho current year was s3z7,-
1866. The addition OF s234.432 nom
operating income brought the total In
come 20 s5Sf.5a7 compared with fixed
charges for the period aggregating
s747,a69. Tha company In the six
months period spent 40 per cent. OF
gross rvenues on maintenance Of equip
ment and way. compared with - per
cent. for the same six months Of 1920
while Al per cent. OF its gross was ex-
pended for conducting transportation.
compared with 35 per cent. q year ago.
The New York herald., 1921-08-11
BRAZILIAN STATISTICS.
CITIES SERVICE SCRIP UPHELD.

Judge Knox In tho United States Dis
trict Court denied yesterday the appii-
cation Of Robert II. Roscnbluth for an
injunction restraining the Cities Service
Company from paying dividends in scrip
instead OF cash. lie held that In de-
olaring dividends In scrip the directors
Of the company were within their rights
and that the action was Ia all respects
legal and proper The mere fact that
tho corporation has large surplus,
Judge Knox opined, or net profits does
not entitle stockholders TO payment Of
dividends, and the declaration OF scrip
dividends 10 within the discretion OF
the directors.
The New York herald., 1921-08-11
OIL TAX TO PAY MEXICAN DEBT.
3bregon Says Bonds Held In Other
Countries VIII he Retired.

MEXICO Crrr, Aug. 1o.--Revenues de-
rived from the export tax on petroleum,
more than 100000 pesos in July. VIII
be deposited within a few days in the
Banco Nacional de Mexico, President
Obregon said last night, adding that the
money would be Immediately applied 10
the payment OF the national debt.
President Obregon emphasized the
fact that the money would be devoted to
the retirement OF Mexican bonds held in
other countries and to the payment or
interest upon them. the amount TO be
increased monthly.
The New York herald., 1921-08-11
U. S. STEEL BOOKINGS DECLINE.
tnhiied Tonnage 4,s3o,324, n Drop
of ZS7.644 Tons

Unhlled tonnage Of the United States
steel Corporation on July 81. as re
vealed In It's report issued yesterday.
amounted 70 4.s3o,324, a decrease OF
2sf544 tons from the 5.I17.ScS tons
rerortcd a month previous
The figure represents a shrinlSage Of
2,742Si0 tons in bookings sInc0 Janu-
airy, 1921, and compares with 11,tfs,46S
tons and b.57S,,661 tons respectively
for the corresponding months In 1920
and 1919.
The following table gives the unflled
tonnage Of the corporation for seven
months with comparisons:
The New York herald., 1921-08-11
SUGAR COMPANY FILES SUIT.
Claims Breach of Contract aud
Asks s33,705 Damages.

The American Sugar Refining Com
pany filed suit yesteray in the Supreme
Court for Hudson county against the
MarfeId Chocolate and Cocoa Company
Inc, of Jersey City. The action Is for
S33.705 damages, alleging breach OF
sugar contracts entered into IN 1920
According to the papers In tho case
the Marfeld company In June, 1890, cot.
tracted for the purchase of AIS barrels
OF refined sugar at a basis price u ~ "a
cents per pound. later refusing 70 carry
out its obligations. thus causing the loss
for which the present suit Is brought.
The New York herald., 1921-08-11
DENIES sruReIN Is CAUGHT.

I'll PAso, Texas. Aug 10.--1n a tele-
gram received here to-day signed by
the Chief OF Police OF Chihuahua City,
denial was made that Warren O. Spurgin
is held In jail at that place. The mes
sage says the missing Chicago banker
Is near chihuahua City, hut had not
been approhended.
The New York herald., 1921-08-11
COFFEE.
The range Of prices In yesterdays coffee
| market was as follows;
CABLES,

Rio cables unchanged 10 225 reis lower. De-
cember. 10000. Dollar rate unchanged AZ
$500 Exchange. f-32d. higher. ut Sd Re-
ceipts. 1900 bags, and stock, .39l 900 bags.
Receipts, 81 900 bags and stock 2.oi6, 900
bags. receipts at the ports, 10000 bags,
against 1000 last year and 27 900 two years
ago, Sao Paulo had 81 900, against ~ 900
and 10000, and Jundiahy 10000 against
$1,000 and $4,000 bags, respectively.
nRAxFVtaN CIV .ryomwra
The New York herald., 1921-08-11
METALS

On the New Yok Metal Exchange
yesterday tin was quiet and easy with
Straits. Straits shipments and standard
quoted at 2650927 and 30 per cent
az 25.5OG 1850. Copper dull. standard
spot. August and September, l1.62h.
and electrolytic spot. August and Sep
tembcr az 1L50QI2.0o. Lead steady.
New York spot. A.50 asked, and East
ST. Louis spot. 4s5 asked Zinc quiet.
New York spot, 4.55. and East st. Low
SPOT as asked.
The New York herald., 1921-08-11
JAP ORDER FoR wzsTINaHoUsE

The Westinghouse Electric Interna-
tional Company has received from the
Government OF Japan an order for two
electric freight locomotives TO be used In
service In tho neighborhood OF Toxic.
The locomotives, which viii weigh 81
tons and have capacity OF 1000 horse
power each, will operate on tho 1900
volt direct current system. Their pur-
chase is believed 10 indicate the begin
ming OF an extensive programme Of rail-
road eicctrificatlon In japan.
The New York herald., 1921-08-11
U. S. CERTIFICATES AND NOTES.
Closing prices in the open market
SUGAR.

The market opened at TO 3 i,alrfs de-
cline. held steady until early after.gs.. when
tho market closing net 10 Z points lower
Rarge cS prices
The New York herald., 1921-08-11
sUGAR pETnRMnNT.

Directors OF the National Sugar RE-
filming Company have deferred action
on the quarterly dividend due at this
time until the next meeting. In the last
quarter dividend OF $3.50 was paid
The New York herald., 1921-08-11
FINANCIAL NOTES.

The Columbia Trust Company has been
q pointed transfsr agent OF 1900, 900 shares
common stock OF the Alaska Pacific Coal
Company.
Hallsnrten q 90. have prepared booklet
describing a number OF foreign Government
ard municipal bonds, which ara callable bl
lot at premium. The terms under which
the bonds are called IN for redemption are
explained In detail.
Sales OF tho Schultz Retail storos Corpora
tion for July totalled siUW,e0, compared
with 81 ,40S 900 for tho corresponding month
Of tho preceding year
John A. cartlidge, formerly with Thayer.
Alorey Co. ls now with the New York
office Of O. W. McNear 90.
Stanley q. Eaton has become associated
with y. J. Lisman a. Co. In their railroad
trading department
Empire Trust Company has boen named
trustee undor an lndenture cf the American
Fuel on and Transportation Company, Inc.
dated August 9, 1921, authorizing an Issue
OF S2, 100000 par value five year per cent.
series and n convertible collateral trls,
sinking fund gold bonds, dated July 4, 1921.
duo July /, 1925.
George G. Never. for the last four years
with u. w Wagner q Co., has become asso-
oiatod with Thomas NJ. Mckee Co., ~
Wall street.
White OH Corporation announces the com
pletion Of rs Hogg 30. ] wcll IN the West
Columbia field Texas flowing 900 barr
ras - pipe line Oh. This Wei represents
northeastern extension OF tho West Co
lunba field.
y Howell Ia Motto and Louis Lonerran,
formerly OF tho American Foreign Banking
Corporation, have become associated under
the name OF la Motto 4 Innergen as hrok-
ers IN foreign exchange, with offices IN tho
Trinity Building, Ill Broadway.
F'rederiek Lord Munds has been elocted n
nentsr " va Nsw aorM .orvn ~, I.Aon " ~ ~.
on fha proposition 70 make Saturday, Hep-
tember rpreoeding Labor Day., an extve
exchange holiday.
The New York herald., 1921-08-11
FOREIGN MARKETS.

LONDON, Aug. 10.--Trading was quiet
on the Stock Exchange to-day. Bar sll-
yer, SID. an ounce; bar gold, 112s I'd. :
money. per cent. Discount rates; Short
and three months hills, AZ per cent |;
oonsols for money. 4s lt-18; British S
per cent. loan, ssB: British 4Is per
cent loan, s1h.
PARIS. Aug. t0.--Prices were firmer
on the Bourse to-day. Three per cent
rentes. Sc francs 40 centlmes; exchange
on London. 46 francs 65 centimes; per
cent. loan, 81 francs 45 centimes. Dol
lar quoted at ~ francs II centimes.
The New York herald., 1921-08-11
PENNsYLvANIA dhL MARKET.

OIL Cry, Pa, Aug. i0.--Credit bal
ances. S2.25. Runs. 1855; average.
57.is7. Shipments, t5,sS4; average.
The New York herald., 1921-08-11
100000
United Fuel Gas Company
Ten Year THO Secured Gold Bonds

Ten Year THO Secured Gold Bonds
GUARANTY YrNsr 0
Fo dIpio o the issue reference is made "
Te econpayb egaed depr an Of
olan fuel consumers
Virginia. an '
yaoesaha
eprods
distributing systems and the ACOUSTIC"
hof IA b
@
t
aarhsf the aededAp April meepult over times
nnul sinking fun dbpd dhdh wi b h he
by This h is d
Ss'H""1"N" p%and% @
BonAor rneament
Price 98A and Interest Yielding 7759o
A. 3. Leach & Co., Inc.
Lnvesn
81 Cedar Street, New York
e, ssss. es Gsssaa s ss ssHsss nH essa' ca
The New York herald., 1921-08-11

Sales OF tho Schultz Retail storos Corpora
ton for July totalled 81 B09. 600 compared
with 81, ,40s 900 for tho corresponding month
of tho preceding year.
The New York herald., 1921-08-11

John A. Cartilage. formerly with Thayer
Morey n Co., ls now with the New Yorh
office OF @. w. McNear q 90.
The New York herald., 1921-08-11

Stanley q. Eaton has become associated
with y. y. Liaman Co. In their railroad
trading department.
The New York herald., 1921-08-11
Primarily a Trust Company"

Primarily "Trust Company"
T<HE New York Life Insurance and Trust
i Company has specialized for more than
ninety years in the administration of Personal
Trusts. Along with this business the Com
pany has developed banking facilities which
have recently been modernized SO as to afford
every convenience, and interest is allowed
deposits subject to check as well as on time
deposits.
The policy of the management is to continue
to specialize in Personal Trusts and to conduct
its banking business along time tested lines
that will keep it safe depositary for the funds
of individuals or corporations.
The New York herald., 1921-08-11

The Columbia Trust Company has been
al pointed transfer agent OF 2, 10000 shares
common stock OF the Alaska Pacific Coal
Company.
The New York herald., 1921-08-11

George G. Meyer. for the last four wears
with u. w Wagner & Co., has become asso-
oiatod with Thomas NJ. Mckee CO., ~
Wall street.
The New York herald., 1921-08-11

White OIL Corporation announces the com
pletlon Of It's IioRg No. ] well hi the West
Columbia field, Texas, flowing 1000 barr
rels ~ pipe line Oh. This We'll represents
northeastern extension OF tho West Co
iunbla field.
The New York herald., 1921-08-11

r. Howell Ia Motto and Louis Lonerran,
formerly OF tho American Foreign Banking
have become associated under
the name Of la Motto & LonerRen as brolt-
ers In foreign exchange, with offices In tho
TrlnitV building. III BrnahWaN.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1921-11-18
LUTHER LEAGUE AFFAIR
nets HANDSOME sum.

The annual fall festival of the
Luther League of the Swedish Luth-
eran church, was held Thursday eve
ming in the church. Supper was
served in the basement from to 1880
O'Clock. Misses Della Green, Wilma
Peterson, Florence Sampson, Helen
Nelson, Alice LundQuist and Alice
Peterson served in the dining room.
The church was decorated in beauti-
full fall decorations from field and
garden. After supper program was
given in the auditorium. Prof. Wat
son spoke of his years stay in
Sweden, Prof. Magnuson spoke of the
Swedish Americans, Elmer Anderson
gave violin solo, Alice Peterson a
piano solo, Angala Andre and Ruth
Ramstedt sang a duet, Florence Oberg
and Allen Ramstedt gave a violin
duet and Leo Click piano solo. The
choir sang several anthems. A free
will offering was given.
After the program the young mar
ried couples Of the church served a
delicious luncheon in the basement.
The affair was a decided success and
the attendance good. The offering
and the amount received from the
supper amounted to $238.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1921-11-18
SHORT COURES DATES
ANNOUNCED BY MILLER

The University's special 12-week
short course in forestry will start
Monday, January 4, and close March
IL, according to an announcement by
F. G. Miller, dean of the school OF
forestry.
In addition to the regular forestry
faculty, w. G. Loudermilk, G. B.
Mains, H. r. Flint and j. A. Larsen,
experts of the United States forest
service will deliver special lectures,
discussing management of white pine,
forest protection, silviculture and
kindred subjects.
Work of the short course is design
ed for further preparation of rangers
and guards, for young men planning
to take civil service examinations and
for timbermen and lumbermen who
want general knowledge of forestry
principles but who cannot take the
longer courses.
The course is of a high school
grade and is open to those with the
the equivalent of an eighth grade
education. In cooperation with the
college of agriculture, the school of
forestry is able to offer study in graz
ing to those desiring it. All facilities
of the school of forestry are at the
disposal of short course students.
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1921-11-18
A THANKSGIVING
LESSON OF Merit
SUPT. SOULEN OUTLINES PLAN
TO ALLOW SCHOOL CHILDREN
TO AID NEEDY

Next week, though the regular
school classes will not be interrupted
by special programs, the school chill
dren will be imbued with the Thanks
giving spirit. The plan of expressing
sympathy with those less fortunate
by deeds rather than by words will
predominate If giving is more bles-
sed than receiving, every school child
will be given an opportunity to feel
that joy. No propaganda, no drive
no competitive trials will be put
across according to statement by
Superintendent Soulen. Nothing but
the plain, sad fact that many homes
here and elsewhere are destitute;
that children in Moscow and in Idaho
are poorly clad and go hungry. These
facts will be driven home and then
the children will be given a chance
to learn the finest lesson of the school
year, states Mr.. Soulen. Nemely, that
to relieve suffering and brighten a
cheerless home beats 95 per cent in
spelling or perfect grade in compo-
sition
Supt. Soulen and the Moscow teach-
ers believe in learning by doing. The
fun Of this game is that all may join.
No advertising of gifts will be done.
The humblest gift will bless the
giver just as much as the largest.
Give the kiddies chance to enjoy
this lesson.
Arrangements will be made through
committee Of the teachers TO distri-
butte the offerings. Such well recog-
nfzed agencies as the Salvation Army,
the Moscow Associated Charities, the
ChiIdren's Home Finding society, as
we'll as many local needy homes will
be rerj hbered
Mr1HE0ulen and the teachers will
gladly receive information of oppor-
tunities to help cases of genuine need.
How can the children help? First:
with food. 1t may vary from a small
donation of vegetables to a can of
fruit or a roast. Second: with cloth
ing Especially the warm kind that
can be made over to keep out the
chill of winter. Third: by books, not
government reports or others that
children don't read, but school texts
those actually in use-or story
books, used magazines, like Popular
Science" sThe American Boy"
youths Companion" or the Geo
graphic Mazagine' These, though
not current, are always usable.
Fourth: by money gifts This will
keep some homeless child at Lewis
ton or will buy glasses for some de-
serving Moscow youngster whose
school work is handicapped. Don't
worry about the opportunities for
service, states Superintendent Soulen.
There are lots of them.
Let's give Moscow school children
a chance to join in this and make it
the best Thanksgiving ever.