davidaulloa/AmericanStories huggingface dataset:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
SERGEANT ALVIN YORK
AWARDED VICTORY MEDAL
Try Associated Press. !

kNOHNlLl.t:, TENN. June is
Sergeant Alvin York. Fcntrcss Coun-
~. who won the distinction OF be.
ms the greatest hero Of the wor.t
war. has just been awarded n Victory
medal! II was sent out from the
kn's:viil office established for the
distribution OF Victory medals to all
former service men.
The Tennessee hero has many
other medals won through his Oar
Ing and courage on battle fields. in
Guiding the Distinguished Service
Cross. but was not satisfied until he
received one Of the ordinary Victory
medals. such as other former service
men have.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
CUBA PLANS BIG SUGAR
DEAL BY GOVERNMENT
lBy Associated Press. ]

HAVANA, June lS.-purchasc with
S4o,000,000 in bonds Of Cuba's sur
plus sugar by the government. which
Will then dispose OF this surplus on
long term credits TO foreign coun
tries, which at present are unable L
buy in the open market. because o:
financial conditions, is proJcc,
which. il is stated authoritativcly,
was discussed al today's meeting II
the Cabinet with President Alfred
Iayas. The bonds. IL is proposed
would hear per cent. mature in
twenty-nine years, and be gua-an-
tccd by Il tax of 80 cents on each
sack OF elaborated sugar produced
in the republic.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
ATTENTION OF BUSINESS MEN
CALLED TO TRAINING CAMPS
1Ry Assnciated Press. |

WASHINGTON, June 1S.--Rusincss
men have had their attention ca'"d
by the Chamber OF Commerce OF tho
United states to the Citizens Mill
tary Training Camps this summer In
response to n letter from Secretary
Weeks urging that employers permit
IL reasonable number of their en-
ploycs TO attend the camps without
loss of salary or prejudice To their
promotion.
The chamber i'm making this an
nounccmcnt tonight asserted It's
readiness TO cooperate with the war
Department in securing adequate at
tendance at tho camps. Secretary
Weeks. in his letter, recalled that
employers mad co-opcratcd literally
in this manner in 1916.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
HIGH POINT, N. C., TO HOLD
FURNITURE EXPOSITION

HIGH POINT. n. c.. June 1S-Tbe
first annual furniture exposition.
which is expected to attract buyers
and manufacturers from all paris. OF
the United States. will formally open
Monday mourning in the new Southern
Furniture Exposition Building, said to
DC the largest structure of its kind
IN the world. recently completed
mere at cost OF $1,000 1t will
he the first furniture exposition ever
held in the South. and will commune
through July 2.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
NOTICE or CONTRACTORS
hiI'S FOR CONSTRUCTOR; IiOhD

hiHs "ill hc received at the oiice OF In.
hi.i Ger" Of The T. $ Department. o.
Nt, ~, Ir.ln'" hnt!i O'Clock June -. 1891,
az" ,!ieh opened for the construction al
an cApeT!Mentai road on Columbia Pine
~ AtIinStwn County, virginia, beginning
."'Ht one haii mile west OF MI, Vernon
AN"nne Road. and extending IN d westerly
direction approximately IL rlans ma )
w seen ANA Specifications and forms oil
ttH?'stl secured on an! after Jun. ~
IT,. ~ The bureau pf Public Roads STA
= QUE lf,uih street y. W. Washington H.
certified chech "i nyc hundred $500,
'"raIs must accompany the proposal.
90 furuish bond ana .n'r into a co4ttr,r,
~ H,t"rNhucc with the EQUATIONS ui The
i"lai l"t'ui of iSriCuitLrc. Tn" hoard 81
OF Ill MLt.- 80
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
Charters Issued.

The following charters We're issued
by the State Corporation Commits
SIGN:
American Institute of Medicine
Richmond: maximum capital. $500,
coo: minimum. $1,000; Alton l.. Wells
president: Harry L.. Clark, secretary
and l.. NJ. Campbell Adams. all of
New York; to publish magazines and
other literature.
Trutona Corporation, Richmond
maximum capital, $4,000: minimum
$4,000; T.. L. Shcler, Petersburg, presi-
dent; c. l.. Shcler. Salem, secretary
and +. w. Minor, Richmond: to manu-
facturc and deal in monographs and
monograph parts.
Rubber Production Corporation
Richmond: maximum capital. $4,000
minimum. $4,000: a. NJ. Rubenstcin
president: c. V. Blackburn. secretary
and o. =. sutton. all OF Richmond;
TO manufacture and deal in rubber
goods.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
First Lifeboat of the Air. Built
With Great Secrecy, Soon to Be Launched

i-oNDON, June lS.-Thc first
iiItooat of the AIR. which has been
puiit with great secrecy, is to be
Ia unchcd soon.
AFTER the official trials il will 20
through Il series Of tests with the
flect. III II proves To he satisfac-
tory. Il large number of the craft
on much larger scale Will be
constructed.
The design is the outcome o,
three years OF secret research and
tests. The dying lifcboat will be
ap!c TO reach a vessel In distress
AT speed OF more than 100 miles
an hour. and 1t is claimed that i,
VIII be able to ride through the
toughest storm with the confident
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19

safety OF an Atlantic liner. The
poa'S are able to taxi along the
water.
Their sea worthincss Is to be test
by sending the first experimental
snip out with the navy. where il
is To remain at sea for several
days without any mother ship"
The wing span Of the one now
nea ring completion is 40 feet.
safety in the most violent sea Will
come from the residence OF the
nun. which Is in ono piece from
stem To stern. When this hun
str'k"s huge wave IL gives way
slightly In much the same way
mat a pneumatic tire dUcs when
IL strik" an obstacle on the road.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
F00T-P0WER AlRPLANE
FLIGHT PROVES SUCCESS
by Associated prcsc

rAHlS, June lS.-Succcssful ni-ht
III an alrplanc operated by foot mower
was nnoiiicially credited TODAY 10
Gabriel Poulnin. the noted French
bicylist. The feat was ACCOMPLISHED
IN oihciai tests for the Peugeot prize
Oh i'o"o francs to the first person to
succeed III leaving the ground and
nsihs ten meters with only human
power.
Poulain is reported In how,
pcntcdly fulfilled tho rcouiror,ont,
for the award.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
y,tIonnI Bank for Ashland.

ASHLAND. June iS.-~Thc Comptro,-
Ter OF the Currency has just issued n
national charter to the First National
Bank Of Ashland. formerly the Pco-
ple's Bank. This Is the first bank
of Hanover County as national In
stitution. The officers are: Andrew
]. Ellis. president: G. Walton Saun-
ders. vlce-prcsident. and v. Nelson
Vaughan. cashier.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
Rush Work on ncscrv, 49,,

work on the slx-story annex of
the Federal Reserve Bank is hc,np
rushca TO completion, ana II probably
VII DC ready for occupancy some
.lmo ms summer, although tho con-
for turning It ovor.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
DISPLAY CLASSIFIED
Br SUTTON x TGRPIN,
Real Estate Auctioneers.
COMMISSIONERS AUCTION SALE
Two Splendid Lots
In North Richmond

Pursuant TO a decree OF the Chan
Gerry Court OF the city Of Richmond.
entered the 9TH day OF June, 1871 in
the chanccry suit OF Joseph T. Terry
vs.. irwin 'ain 1t ais. We will oftcr at
auction the property hereinafter de-
scr;bcd. on
MONDAY. JUNE 20. 1927.
at o'clock Il. NJ,
on the premises:
All those two certain lots of land in
the cry OF Richmoad. Va. described
FIRST. beginning at the northwest
corner OF barton A>enuc and Craw-
t"su street. thence running along tho
McS' !!hc otH!arton ivcnua and front
ms 'NcF."n NIFTY feet. thence back
! tG'n Sain front between parable, lines
100 iert TO an alley Is feet wide. and
second. Beginning at a poiu, on ths
mSSi iihc OF Barton Avcruc lO0 fee,
s u. OF the north line OF Crawford
,;rtr.: thence running in u north.riv
, t:eo.iot' ana fronting on Ka-ton
:" feet. thence back between
Zee; wide. W an ai'cy -
one OF the above lots has /, suh-
STAN Stan,iai garage built upon the rear
TERMS: Cash
HILL MONTAGUE.
ALIEN. IL. SANDS
Special Commissioners
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19

NEW HOME an Sorih Richmond f,T sale
a; $3.50. Modern: rooms. jO-.oot lot.
and with OAK hpor. shade. "tC. 81 GOO
ca and balance easy. Address - GIL.
Tn Dispatch
NEW HOMES now nearly completed on
stuart, k~ns!uEton and Patterson Avc-
iLrs' IGi rooms, strictly modern;
convenient terms. Sec Chas, + Eurh--
nlUni. sole agent. Room - Allison
R3.li.nr. sos = Ems; Maln street;
NORTH ANESuE-Modorn GROOM stl,cCo.
laundry TUBS servants ,pI!st. bC!l,-!n
presses and icsDoN, shad,7 and sc-Dcns.
COMPANY
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19

by virtue OF a certain decd OF trust.
ahtrh July 10 l?2o and recorded in
the icnrico County Circuit Court
Clerk ; Office in u. Il. 2l5-B. page a2S.
N"'auIt having been made in the pay
lnent OF portion Of the debt secured
thtfyhE. and having been required by
ths beneficiary hereunder so TO DO.
l. IN" Undersigned trustee. will on
TUESDAY. JUNE u. 1921,
~ $500 o'clock p. NJ.
~ IN" rooms Of the Richmond Rc,I
ESTATE ENCnancc. % North MINI
finH proceed TO sell at public auc-
III, ~" property conveyed therein
30" nose Two certain lots of land
IN inc County OF Henrico. Va. dcsig.
mated as Lots Nos. 10 and II in uincl,
~ IN the Plan OF "BRYAN pnRIS
iiiI,ElG.iiTS recorded in the said
1870 .Srh othcc in r. Il. 10. page 6.
avenue and extending back $50 feei
ms IS hne opportunity for any
SUBURBS ''''c III the
TERMS: Cash.
w. Il. Redo
Trustee
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
=. \. rRETLOW.
W. -. BElSTow
Finance COMMITTEE. r-.nSl'n ~

-! !fENb notice. Universal Leaf Tobacco
company. lac. The regular quarterly.
dividend Of per cent on Ia. 50 ZOO ,,.I
preferred stock % the Universal Leaf 10,
nHe,n company, Incorporated. has been
NrtlhTtd. payable July J. 1871 10
'i'itrTyd Stockholders OF record a; tho
,.nsG, OF business June e. 1874 D. q
phillips. g"CrDtary - ~
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
SUBURBAN HOMES.
ASHLAND CAR LINE.

-NNii an - - NAiN lin r..
acres sigh 7-room cottage. fcw
hobs from gar linz; miles from
,,,.i acres VIM Groom dwelling.
from Richmond. $500.
acres near ,h,. ear line.
ueut hot and cold water. heat.
miles from city; $4,000.
acres with 5-room hous" cow
blocks from car l.n". miles from
hehm"nh WI! exchange $500
equity foF automobile, si,Soo.
PETERSBURG CAR LINE.
Groom s.aeco ounsaiow. 5o,foo,
,oi nra' csr line. mile from city.
5-room frame bungalow. 5o-foo,
lot on car line. Two miles from
~. acres. 10 miles from, city. tew
blocks from car linz; Groom dwell
INK. with heat anu electric lights.
GOOD ou'bmld'nss' nice lot OF iru!s.
a:res ,. 10 miles from ron, ely. 'ew
dwelling modern throughout
loom dwelling, With electric
city 80 foot lot. 5000.
It. + p
,.. ass,- . ass I. ..1 ..,roem
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
Thousands People Will Read the Want Ads on This Pare 7oa
RE4L EST4TE FOR Sale
Houses for Sale

PARK ACKNOWLEDGEMENTS sc,n;,i,,,,chrd
erick newly painted ana papcrcd resi-
Nshce IN b"S; locality. imrncdiatr posses
mtht. balance ike rent. See chas l..
huehrnund. sole agent. Room 10 Al
iison BuIlIinS. 500 ra East Main Street.
ROOMlNG HOUSE Tor sale. one door from
Washington Baltimore and AnnanoI,s
i"rninhi ~ rooms. we'll furnished /:
furnace heat. Rent. SIS. 4 spland III
opportunity Tor live man. Address Land
iauE SV} Eleventh Street. y. w. Wash.
inEton. II. &.
SiN IhooM bungalow. with bathroom
near Lakeside. on billiard Road
t'so. =. YOUNG, Dumbarton. Va.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
LOOK AT THESE
FOR SEPT. 1ST

FOk SEPT. ISL
1905 West Grace St.
8 rooms, 2 baths, 2 ga
RACES, detached, nice
condition. A bargain.
S11, $50.
Floyd Ave. - Corner,
1900 block, 6 rooms,
tile bath, oak floors;
possession at once, So
$50.
Grove Ave. = 1900
block, 10 rooms, 2
baths, detached, oak
floors; Il beauty, at
S15,250.
Chaftin Street 1000
block, 6 rooms, brick,
tile bath. Only $50
cash and $40 per
month. $3.50.
Lombardy Ave, north
of Mains rooms and
bath, semidetached,
good yard and base
ment; $500 cash and
$50 per month. S.
800.
J. A. CONNOLLY &
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
REAL ESTATE FOR SALE
Houses for Sale

G1STER Park HOME. eight rooms. mod
crn: corner lot. Price. $4,000. For sale
by owner: Phone Boulevard aats-J.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
TOO LATE TO CLASSIFY.

LOST-saturday night, child's sweater, or
aSSS-J.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
Lcga; Notices
BIDS CLOSE JULY 7Tn. 1921
s!lG.VbO.9O Ccs Water ard Ii.h, Ttc,d
S%o'o'V-Ve 50 !inpEovcncnt Bonds,
ErAnkl!M. N!rrIrIn

n-- IsIkII ICNd9.
~. ''i."'V s.Lhrit bonds.
scaled bids FOR the purchase OF xlls
wv uJ. o.e water and light bonds OF III.
Town % EranH!in, Virginia, ana $4,000 Ga
"' genera! Improvement bonds FOR streets
s'"o"! properties ami other minor iru,-nva
m'"is 81 t. Town OF Franklin virginia.
VIZ - receive! toy the unG-rs.Iucd M, IN
9C!ucE i. VI. Thursday. jay I'm. is2i
~! % sand bonds to Dc issued in a.
nominations OF $1,000. 90 each paynb!. la
s'h'9 hilyr dat" with interest payabl.
st!hliiH uil!y on August -; and February
- ehch wear bonds - be dated ;il.iis,
ISL. 1871 ana ar" exempt from tsSaiion
~ tn" state 1f NIrr!ri!I
certified check FOR 1903 90 mus, .c-
co;mp"ny each aud al bids. payable TO IA.
toNh %; tranN:!n. Virginia. No bids viii
TiEh, !s reserved 10y the councu %: IN. "a.
Town Of Franklin 10 rejec, any and ali
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
OFFICE OF
TIE NlittINIA FIRE AND MARINE
INSURANCE. COMFASY.
RICHMOND Va.

q HFIN .. III
Thu B1.-G OF Directors Of This Con,pany
aaEr iH!s day declared 4 serui-annu.i
o.giaena ~! Flyo Sc, ter cent Ion, ..t
81, bn,'a5S pyr share. payable july !.
81 business. Jun. H. 1901
ohcc%s Wi. * matted.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
MR.. MEADOR.
WITH
- =. * ) ). HAHNlr..

HOUSES to- sale all Owe. ;ae city cheap
and GA easy terms. Come TO see me al
once. y T Zirkic. 81. T.. Main Street.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19
Real Estate for Exchange 90

At re, ,taa5 good piece -
av..,a. T0Prr'y In suburbs and
antHmobiIe as first payrnsn, ~ H. TAX.
pf"n.r'y, $40 Balance can l he OF
Disbsieh Au!t Address E e92. Tne
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19

DISPATCH want Ads are read by thou.
samoa every cay In the year. Keep on
aGNsriih,nE -"
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-19

IL c LEWIS. Jn. SECRETARY.
New-York tribune., 1921-04-02

Tho Triburs prints each day the mo-
turity dates Of all cctive bonds quoted
on the Neu York Stock Exchange. Tho
.sturn on q bond to the inuestoy depends
upon thrss factors: tbs rate Of interest
the aecurity bears, the market prsce
ord the distance Of the maturity dats.
70 figure the precise yield on a bond it
is necessary 10 use yield tables, but tho
approximate yield can roughly be figured
out by the folowing formula: Divide
the closing quotation OH a bond into
tho rcts Of interest it pays, dnd the re-
suit wiu be ths annual return. II tho
bond is selling beloW par you must
ollow also for the appreciation Of tho
principal. To do this subtract tho mar
ket quotation, from par, or 100, and d.
vids the remainder BY the number Of
yecrs the bond hos to raln before mo-
turity. For erd,nple, If q S per cent
bond is selling at go ard has ten years
to run, the annual return Wtll be 6.66
per cent. The differences betweem par
cnd the market price aoill be 10 points,
subtrac,ing 90 from 100. Dividtng ten
points by ten years, the quotient s0tu be
l. This figure is to be added to 6.66.
witch ia the annual return, and the re-
satt 766 per cent, wtll give you tho up-
pro1imate yield.
New-York tribune., 1921-04-02

Pacific general per cent 81. Rio GrarAe
y. yWsstern coidatsrsl trust 4 per cent, 50. St
So: ST. Louis San Francisco income s PCT
cent. so; Seaboard Air Line preferred
pcr cent, a.. seaboard Air Tina pol
per cent sa wabash ornaha DIVISION ~
per cent, 62; Wheeling & Lake Erie -,
per cent bS Western Maryland per cont
o.; Baltimore q Ohio 7. e. G. peg cent
SIS; Missouri Kansas q Texas ~ per cont
ss 1nssS M1ssssr1 s,irn~s hnnsas :, Tsaa. Pc. cent
40 y Mrs. NJ II. r..
Answer-Of your long list of 3h and
4 per cent bonds, we would pick out as
having rather better security than the
others. the New York Central Lake
Shore Collateral 3ixs nnd New York
Central Michigan Central 31ss. and
ranking i'm the same class would be
your Louisville & Nashville 3s and in
almost the same class the Kansas City
Southern 81 and Northern Pacific rem
eral 3s. We consider the Denver &
Rio Grande first consolidated Is az q
good investment, and the refunding 8,
as fairly attractive. Under present
railroad conditions VIC would hesitate
to recommend the purchase Of the Mis-
souri,, Kan sas Texas 4s and AIS. The
road is in the hands Of receiver and
TcOrTan1- l.
zaton plans have been made public.
The New England Railroad situation is
uncertain, and until VIC know more
about it we would not recommend the
New York, New Haven & Hartford, or
New York, Westchester & Boston
bonds, that you mention. The Sea-
board Air Line is also a road that is
finding present railroad conditions Diff
hcult to meet. The New York State
Railways Consolidated 4As we consider
fairly attractive public utility bond.
Without mentioning each of your bonds
specifically we have indicated the ones
that we consider preferable. American
Bank Note stock both preferred and
common is inactive, we could hardly
undertake to pass on the relative
merits of tha preferred and common.
Has $1,000 to Invest
Question-Havc about $1,000 to Invest
VIII you kindly give mo your opinion of
Delaware & Hudson stock and Auerican
chicle preferred, also American smcltng
preferred &c. G. Il.
Answer-r'or 1920, the Delaware &
Hudson reported net after taxes and
rentals Of $2.313,333, compared with
S2,o7S,l46 in 1919. The stock now paws
per cent, although there have been
reports that this rate might be cut in
view of the unfavorable conditions af-
fecting all the railroads. Delaware g.
Hudson, however, does not have to de-
pend on its railroad operations for
revenue, as it has lucrative holdings
of anthracite coal. The stock, perhaps
for this reason, has always enjoyed
high rating. Dividends have been
paid on American Smelling preferred
since 1905 at the rate of per cent
This dividend has been maintained
IN both lean and prosperous years, and
we believe the income yield is as safe
as most of the industrial prefcrre
stocks. We do not consider that
American Chicle preferred has as yet
proved itself a seasoned investment.
New-York tribune., 1921-04-02
Financial Items

Tucker. Anthony & Co. announced ves
terday that Robert Hsydock was admitted
as a partner in their firm
stroud g. Co announced that William, r
Stroud has been admitted TO partnership in
their firm. 80
The board OF directors OF the Vulcan De
Timing Company voted that action upon
the current dividends for the quarter end :
ing. April so on the preferred stock and
preferred stock 4 be deferred to g. later
meeting OF the board
Hangarten & Co. announced that George
Merzbach, Maurice w Newton Joseph <.
Sisto and II. Walter Blumenthal have be
come members OF the firm.
The Chase National Bank has been an.
pointed trustee for the s6,0oe0 debe,-
ture note issue OF the 1nvincibls OIL Cor
poration
New-York tribune., 1921-04-02

cred,tor nation and the extent to which
ing S'nised States may caustructiveiv
exPsha tss foreign commeree IN cxAaSm
or IT'S foreigu purchases and exnnr-
o'tures depend upon what our invest
ors can and are willing to inveat out
SIDE the United States. j realize that
TINS VIII require time and ENCOURAGES
meut. Because of the many opportun;-
ties IN the United States the American
mas found 1t necessary heretofore to
seek foreign investments. He ia pot
AS RUE, individually interested in the
extension Of our foreign trsde. He will,
not invest his funds abroad for tho
sake Of extending our trade, but will
DO so only In case investment offered
appeals to him. At the preecnt low
rates OF exchange there should be manv
opportunities for profit and service in
foreign developments.
There arc three outstanding uues-
tons which require settlement before
complete restoration of stable con-
dtticns can be had: First, stability in
Russia; second German reparations.
and third. the most impo rtant, the
poifcy or America Indications are that
nuss'a mas gone to the worst OF her
expensive experiment.. and that con-
tt.nuance OF the present policy of the
United States toward Russia will
shorten the period Of her ordeal and
1aellitatc her return to stability.
Our position as a creditor natisn
with a growing necessity for markets
imposes an obligation. We must. in
TACT. begin to think internatfonallv
at least IN financial and economic oues-
tions; from purely enlightened selfish
standpo'nt, we would. in my Judgment
run less risk and receive greater re-
turns by cooperating with the other
powers.
Concerted Action
There must be concerted action bv
some, II not all. the principal powers
1or maintaining stable conditions. and
am confident that with coonera-
ton there will be greater measure
Of stability. progress and urosneritv
for the rest Of the world, as for our.
selves, and that the risk involved
would be much less than if we stem
as'de and allow the great complex in
dustrlal and political machine to cet
clo4ged and break, as it did in the last
~a,' M NO measures can be taken which
VIII wipe out the evil consequences
OF so destructive war. hut 90 Wa
get beyond certain preiudices and faIss
conceptions by the formation of a more
ssniishtened public opinion, it will
oe possible to pursue course which
W'ii lead to the early resstablishmrnt
and maintenance of peace and MOS
perity." Gnu pioe-
New-York tribune., 1921-04-02
Stutz Motors Profits
Drop, but Sales Gain
Earnings Equal to $5.I8 on
Stock in 1920, Compared to
1897 in Year Before

The Stutz Motor Car Company
earned s1,o27.3s5 net profit in 1920.
equivalent to s5.1s on the 100000
shares no par value stock. In 1919 the
profits were s9.97 earned on the 1oo,-
eco shares outstanding in 1919.
Cash on hand amounted to s217.O4s,
as compared with cash and demand
loans of S2,057,154 in 1919. Inyen.
tories are carried at s3.0Ae233 This
year and at s1,497,Ss4 in 1919. Notes
and accounts payable increased from
s293,753 in 1919 to $635,253 in 1920.
The net sales were $e,163,356 in 1920
and $7,274,249 in 1919, but gross
profits were $4,000 less in 1920.
amounting to $1,6O4,012.
New-York tribune., 1921-04-02
Denies Wilson & Co. Own
Interest in Austin. Nichols

CHICAGO, April 1.-Thomas E. Will
son, president of Wilson & Co.,
packers, to-day issued statement in
answer to the citation issued last night
by the Federal Trade Commission
against Austin, Nichols & Co.. BUYERS
of the company's canning interests.
In the statement Mr. Wilson said:
Wilson & Co. own no interest
whatever in Austin. Nichols e. Co. nor
IN any other wholesale Grocery estab-
liShment"
New-York tribune., 1921-04-02

The General Tank Car Corporation
reported net earnings for the vear
ended December 81 Of s2,a4t.32S COM
pared with S3,558,ss5 for the precsJ.
ing year. Surplus, after depreciation
ana an federal taxes, amounted to ST.
,oo'oo4' contrasted with s2,274s7s.
oasn account count was given as Sl,5o3,sSl,
New-York tribune., 1921-04-02
Exchange Seats Sold

The New York Cotton Exchanre
membership of B. F. Schwartz has been
sold to E. P. McEnany for slS.5oo, a
drop Of $3.50 from the last previous
sale NJ. de Mercado has sold hi. mem
oershlp IN the New York Coffee and
Sugar Exchange to B. n. Rhodes. The
prlce, paid was $500, unchanged from
the last previous sale.