davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-06-12
Cotton Irregular
In Quiet Trading;
Evening Accounts
Liquidation of July Com
tracts Continues Features
of Transactions; Cover
ing Holding Tone Firm

There was just a moderate volume
- business in the cotton market yes-
tarday. most of which was attributed
10 the evening up of old accounts for
aver the week end. The result was
ivacularity Of fiuctuation, with October
contracts ruling between 1904 and
1918. A final furry of covering sent
them up from the lowest to 1916 at
ths close, with the general market
dosing very steady. net 4 points lower
to 5 points higher.
perhaps the hylk OF the trading wsa
connected with the liquidation OF July
contracts which proceeded along recent
lgres with the near months selling alb
sorhed by spot or banking interests, which
Immediate sold hedges in early new crop
deliveries This. OF course. distributed tho
se,ting throughout the list, but there was
enough scattered covering 80 prevent any
thing more than moderate declines The
news itself was divided and practically OF
the ssfre character as earlier in the week.
A disposition to cover short contracts was
Increased by the apparent confidence OF
the trade abroad IN al early settlement of
the British coal strike. On the other hand.
weather conditions were considered gem
e,atfy favorable for the continued progress
81 the crop. although some traders are
now beginning 10 talk too much rain In
tie western belt
There was no change in the news from
The domestic goods trade, which seems to
be IN fair volume so FAR as retail distribu-
tion is concerned. but is rather irregular,
with : moderate turnover at frat hands.
Domestic mill curtailnent Is increased by
the labor troubles in the Carolinas and
the trade is Inclined 10 expect that the
eeasus report next week on domestic mill
consumption for Max will compare unfa
voraoly with the figures for April. as we'll
a. with last year.
The New York market for spot cotton
was quiet and unchanged at 1e,5oc for
rniddiing No sales were reported.
The range Of prices:
New-York tribune., 1921-06-12
Big Crowd Attends
Auction of Lois
Al Throg's Neck
200 Parcels Sold in First
Two Hours at Bargain
Prices; Property Part of
the Original Hunt Estate

More than 1000 persons attended
the auction sale Of IT'S lots at Throg's
Neck conducted by Joseph P. Day on
the premises yesterday. The parcels
were sold at bargain prices and in the
first two hours Of the sale Mr.. Day
had disposed of 700 Of the lots for a
total Of 100000, or an average of about
$3.50 lot
On East fremont Avenue, opposite
the Coster estate disposed of at
auction last year by Mr.. Day, lots
vent for $500 each. Lots abutting on
Revere Avenue sold for $500 and $3.50.
The property is being disposed Of
by order Of the Title Guarantee and
Trust Company as trustee II is
part Of the riginal Josiah Hunt tract
and extends all the way through from
East fremont Avenue 90 East Nth
Street, the route Of two Westcheste-
Avenue subway station connecting
trolley lines. These a-a now in OPERA
ton, respectively.~ to the Eastern
Boulevard and to Westehester Greek. a
sold
Approximately 300 Of the lots are
south Of East 177th Street to Robinson
Avenue and between Lafayette and
Dewey avenues.
New-York tribune., 1921-06-12


n eign ncountr
sases'00 tol stoAooo ~
New-York tribune., 1921-06-12
Judgments Filed
In New York County

Ihe following judgments were filed veK-
debtor -9 e1-a~ CT the
AE5lttemare. = are. Hnmbert-L C Mitchell s1s7.s5
% ~ wood q Co. Lnc--H Creen- ..o
New-York tribune., 1921-06-12
Attractive Weslchester
Homes for New Workers
Purchase Houses in Larcllnoni,
BronxviIle, Rye Neck and
i'm Yorhe ers

Fish & Marvin, sold for Mrs. L. 7.
Chayer her new residence on Willow
Avenue, Larchmont Manor, to George S.
Runk; for Mrs. Josephine G. Schaefer
her stucco residence at Larchmont Gar
dens, Larchmont, to Thomas J Brady.
Of this citR and rented for Mrs. A.
Milne her residence at Cedar KnolIs,
Bronxville, to a. T. Dixey, of this city.
The same brokers sold for Mrs. We
ronica A. Cherry her brick residence on
Monroe Avenue, Larchmont Manor, to
Howard F. Clark, of this city, and rent
ed for Mrs. Wilbur Baldwin her house
on Tanglewylde Avenue, at. Bronxville.
70 K. A. Dorman. of this city, and with
f. c. Griffin and P Fl. Collins sold for
Eustis L, Hopkins his estate at Pryor
Point, Larchmont. to Frank A. Mannen.
OF this city and Minneapolis. The
property comprises more than an acre
on the water front, with an English
type brick residence.
Fish & Marvin also sold for the
Witherbee Real Estate and Improve
ment Company three lots on Highbrook
Avenue, Pelham Manor, to Miss Ann
Altierl, Of Cleveland, and three lots ad-
Joining on Highbrook Avenue to Mrs.
Edwin A. Mounan, also of Cleveland.
The purchasers intend to erect homes
tor their own occupancy.
The same brokers sold for Henry
Holt large plot at Boston Post Road
and Larchmont Avenue to a client who
will erect stores and apartments and
leased, furnished, for William B. Ran
dali his estate known as "The Hermi-
tage" on Park Lane at Pelham Manor
to Philip H. Bartholomae, the play
wright.
George Howe sold for Guede Cogh-
Ian his Colonial farmhouse residence
on Weaver Street, Larchmont, to E. S.
Gaylor jr., of this city.
Stiilwell Realty Offices rented fur
nished the country residence of Karl
Stoll on Beach Avenue, Rye Neck, to
Bernard II. Kahn, of this city.
H. w. Sullivan sold for Albert Fauser
the northeast corner of South Broad
way and Undercliff Street, Yonkers, 81
x115, to Jonson De Luca, of this CITY.
The same broker sold three acres on
Pinecrest Drive and North Broadway,
Hastings, for a. Barber to T. Marcia, of
this city. Mr.. Marcia will erect a resi-
dence.
New-York tribune., 1921-06-12
Days Dealings In Bonds


The record of the averages in the
bond market last week shows one of
the most violent declines of the year
The average price of ten railroad bonds
was forced from 1928 to 71.o2, while
the average Of ten industrials dropped
from 1921 to 5000. In each case new
low levels for 1921 were established.
The average price of five public utilities
declined from 1928 to 1885, this group
showing the greatest resistance to the
selling pressure. A combination of
factors was held responsible for the
generally lower range of investment
securities, including tight money, a
market glutted with the plethora of
new offerings and selling by corpora
tions and individuals to raise cash to
meet the June Federal income and ex-
cess profits taxes
New-York tribune., 1921-06-12
Americans to
Attend London
Trade Parley
Two Hundred Business Men
Going Abroad to Interna-
tional Conference During
the Week of July q

WASHINGTON, June 11.-More than
200 leading American business men will
participate in the first annual meeting
of the international Chamber of Com
merce in London during the week of
June 27, the Chamber of Commerce of
the United States announced to-day
The party leaves New York in two con-
tlngents. One group sails to-day on
the Cedric, and the second goes on the
AQuitania Tuesday. Virtually every
phase of American business is repre-
sented by the delegates, who include
bankers of international reputation.
prominent manufacturers, economists,
publicists, merchant marine experts
and leading distributors.
With "the restoration of the world
commerce" as the main theme the Lon
don conference promises one of the
most important international meetings
of business men held in recent years.
Eleven countries will send delegates as
follows:
Belgium, France, Italy, Great Britain,
the United States, Poland, Greece, Hol-
land, Czecho Slovakia, Denmark and
Sweden.
The program has been divided into five
general subjects, all having an i'm
portant bearing to the main theme of
be organized into five groups, each
group taking up one of the five general
subjects. which are: Transportation
and communication, finance, production,
distribution and devastated regions.
Walker D. Hines, formerly chairman of
the board of the Santa Fe Railroad and
director general of the United States
Railroad Administration, will be chair
man of the transportation and com
munication group. Strong American
committees have been appointed to rep
resent the United States at the other
group meetings.
New-York tribune., 1921-06-12
Operators Play Part in Buying
And Selling of Bronx FlaE

Byrne & Bowman resold for Benja-
min Benenson, to Mrs. Emma e. Ban
non, 1904 University Avenue, a five
story apartment, 75x135 irregular. In
part payment Mr.. Benenson took va
cant plot, 100x86, on the north side of
l69th Street, 218 feet west of Broad
way.
The Benenson Realty Company has
purchased from Thomas C. Lisk the
tve-story modern apartment house at
the northwest corner Of Marion Ave
nue. and 188th Street, 50x10o. The
Benenson Realty Company also bought
from a client OF Morris Berkowitz the
tve-story modern apartment at 1866
Vyse Avenue, 50x100, adjoining the
southeast corner of 173d Street.
George Steinman, Inc, sold for the
B. Craftsman Realty Company 1856 East
184th Street, corner of Webster Ave
nue., 39x191 irregular, q fve-story
apartment with three stores; also the
adjoining house, 1929 Webster Avenue.
4ox15l, five-story structure The
purchasers are clients of Philip D.
Shapiro.
New-York tribune., 1921-06-12
Exports to Japan Decline

april exports TO Japan declined to
ssiiS'54a'7l3 siS 55a from the March figure of
sIo,z23, ,744. This was practically all
accounted for by drop of $3,300,o00
IN raw cotton shipments, although
steel plates, tin plates, steel rail, Il
nminating oil, structural iron and
steel dyes and dyestuffs, and lead all
contributed to the decline. The only
increases recorded were steel sheets,
brought and cast pipes and fittings.
.qnoer, gas and fuel oil, sewing ma
enlhes' sole leather, and parafin. Our
es exports to Japan in 1920 totaled ss77,-
soI ,s96, and while the s22, 5000
average ratio maintained during
January and February was running
SON some $1o7,ooo,oo0 under this figure,
sn .ne ratio Of the April figures, if main
.alhed, would show q decline to nearly
S~o-thirds the 1920 exports. IT is be-
.Ieyed, however, that May figures will
sao% That the bottom has been reached
IN this decline.
New-York tribune., 1921-06-12
Peruvian Financial Legislation

The bureau is in receipt of cable
gram from Acting Commercial Attache
Waters, at Lima, Peru, saying that the
Peruvian Congress has authorized the
conversion into sterling of the cur
rency guaranty funds now on deposit
in New York City, amounting to ap-
proximately $11 100000 The total
amount of sterling will remain in New
York City for the present; $800OO0 of
intertt will be transferred to Lima.
The plan is to use the exchange profit
resulting from this transaction to meet
the general needs of the Peruvian
Treasury, and to rely upon sterling
exchange returning to par to permit
eventually the repayment of deposits
In gold.
New-York tribune., 1921-06-12
Boston Curb

$4,000 C W 5s.... 54ts 64I5 54A 541
1900 New River SIS. IT IT II II
New-York tribune., 1921-06-12
Bankers to Meet
Here to Discuss
Cuban Situation
Conference Scheduled for
June Ia; American, Cam
adian and Cuban Banks
Are Heavily Interested

HAVANA, Cuba, June 11.-Cuba's IS
financial condition will be considered
at conference of bankers in New
York on June IA. it was learned here
last night. Roger Farnham, vice presi-
dent of the National City Bank, left
this morning for New York to attend
the meeting.
He will carry reports on conditions
in every part of the island
American, Canadian and Cuban banks
have made loans aggregating s40,0oo,-
900 against sugar warehoused on the
island of Cuba. The collapse in the
sugar market has made the liquidation
Of this sugar slow. 1t is expected that
the bankers will discuss among other
things ways and means for facilitating
the sale of the sugar
The latest report from Havana indi-
Gated that approximately 100000 tons
Of sugar was piled up in warehouses in
Cuba.
New-York tribune., 1921-06-12
Building Program in Vienna

t1f' Mf' Epson, representative of the
~ ~wnleeo states Department of Com
stefce sL at Vienna, reports that during
bos sos year 1920 the municipality erected
sVo apartments in the Schmelz district
~ .,tine tne city and assisted the railway
aSunaing company to build ninety
sasht dwellings,. For some time to
rohe, n; ne states, building will only be
poSss!nie peS!.nie by corporations or munich
p@'ities, p, and for this reason the Vienna
municipality has recently founded a
municipal dwelling room and colonial
80 Sssoh fand' to be raised by taxation
vt a period of twenty years. The
municipality will demand that the
ssSte ssse share with them the raising of
s,a rss fund. amounting to 1o0,000,000
etoWns annually.
New-York tribune., 1921-06-12
Profiteering Made
High Shoe Prices
Federal Commission Reports
on Market Conditions
i'm I9I8.IolQ

WASHINGTON, June II. - High
prices of footwear which obtained
during 1918 and were increased in
1919 resulted from abnormal condi-
tions of supply and demand. both econ
omical and psychological, arising from
the war;" the Federal Trade Commits
sion to-day reported to the House of
Representatives. The report was sub
mitted in response to resolution.
Incident to these conditions" the
report added, were large margins of
profit taken by tanners, shoe manufac-
turers, wholesalers, jobbers and retail
ers, whose large earnings were de-
ciared to be "out of all proportion to
the increase in their cost per unit"
The advance in the prize of shoes
tnally was terminated by the so-caIled
buyers strike" in the spring of 1920,
according to the report.
Failure of leather and shoe prices
to decline as extensively as did hide
prices after the buyers strike" was
attributed by the commission tc "a
tendency to base selling prices on
actual rather than replacement costs"
tand to the fact that other prices had
not declined as much as had raw ma
terials.
I'm any event." the report con-
GUIDED, "thc present prices of hides
and skins and the conditions existent
IN these. phases of industry justify an
expectation of still further declines in
the quoted prices of leather and
shoes"
The report claims large profits on
the part of the tanners, shoe manu-
1acturers and wholesalers and retail
ers in 1918 and 1919. Earnings Of 361
reporting shoe manufacturers, rep
resentlng 62 per cent of the 1919 pro
tductlon, averaged 1862 per cent on
tneir total investment, according to
the commissions figures.
New-York tribune., 1921-06-12
Danzig Bank Increases Capital

Consul William Dawson, of Danzig
reports under date of April 20. 1921,
that the Danziger Bank und Handles
gesellschaft, A. G., which was founded
in February and opened on April l.,
1920, has decided to increase its cap
ital to 10000, 900 marks Germany. The
initial capital of 100000 marks had al
ready been raised in July, 1920, to
100000. 1t is reported that the new
stock has been taken over at 10 by
an international group under British
leadership.
The report for 1920 shows for the
nine months during which the bank
was in operation net profit of 100000
marks, from which a dividend of per
cent was paid. The board pointed out
that the proposed increase in capital
would permit the bank to take advan-
tage of favorable opportunities to
finance export trade to Poland on an
extensive scale.
New-York tribune., 1921-06-12
Hollands New Exchange Bank

Hollands Export and Import Trader,
in a recent issue, announces the estab-
lishment of the Exchange Bank (Ltdl
(Valutakas), with capital of 100000
forms. The creation of this bank by
eleven banking concerns and private
banks, in collaboration with the Am
sterdam Liquidation Bank, aims at es-
tablishing an official terminal market
in foreign exchanges, to lend its serv-
ices for the purchase and conversion of
foreign currencies and 20 carry on all
transactions connected herewith.
New-York tribune., 1921-06-12
Christ Church Leases Site
On Broadway Corner
Builders Plan to Erect 8-Siory
Business Building on
Plot as 72I Street

Slawson & Hobbs leased for twenty
one yearsethe northeriy portion Of the
Christ Church property at the north
west corner Of Broadway and Seventy
first Street, 23x94, to the John A. Hearn.
Construction Company. who will start
the immediate construction Of an eight
story store and business building,
which will be completed about Oc-
tober /. The site is at the junction
Of Broadway and Amsterdam Avenue
and opposite the Seventy-second Street
subway express station. The total
amount involved is in excess OF
100000,
New-York tribune., 1921-06-12
New Hungarian Trade Syndicate

Consul Edwin c. Kapp, Budapest, re-
ports the reorganization of the Amer
lean Hungarian Financial Syndicate
under the name of the Hungarian
Financial Syndicate" composed of nine
banking organizations. Although not
en official institution, it is said to be
closely in touch with the government
and will specialize on all matters Of
major Importance in connection with
foreign financial relations. He further
reports that French group is said to
have begun negotiations with the Hun
garian government on the subject of
commercial and industrial explorations
of the Danube, in which French capital
desires to participate.
New-York tribune., 1921-06-12

The Tribune prints each day the ma
tnrity dates of all active bonds quoted
on the Neso York Stock Exchange. The
return on a bond TO the inuestor depends
upon three factors: the rate of interest
the security bears. the market price
and the distance Of the maturity date.
To figure the precise yield on bond it
is necessary 10 use yield tables, but the
approximate yield can roughly be figured
out by the following formula: Divide
the closing quotation on bond into
the rote of interest it pays, and the re-
suit toiN be the annual return. If the
bond is selling below par you mast
a1ow also for the appreciation Of the
principal. To do this subtract the mar
ket quotation from par, or 100, and d.
Vide the remainder By the number Of
years the bond has to run before ma
turity. For example, II per cent
bond ia selling at 90 aud has ten years
to run, the annual return wiu be 6.e6
per cent. The difference between par
and the market price ,piH be 10 poiats,
sabtractfng 90 from 100 Dividing ten
points by ten years, the quotient ioal be
!. This figure is to be added to COS.
rhich is the annual return, and the re-
suit is 7.66 per cent, wiu gipe you the
approximate yield.
New-York tribune., 1921-06-12
&. NJ. Muchnic BUYS at Pryor Pr.

Charles NJ. Muchnic, vice-president
Of the American Locomotive Sales Cor
poratfon, has bought the shore front
property on Pryor Point, Larchmont.
\. Y, belonging to John Francis
strauss, through Edward C. Griffin and
+ H. Collins, 1t consists OF a large
acre Of ground with hoat on Premium
Mil Pond, and it Is enc of the high
class places in Larchmont. Mr.. Much
mic intends to make it his all-vear
residence. The property was held at
The realty brokers also report rent
ing for Miss Katherine Keveny her
cottage and garage, 20 Prospect Ave
nue., Larchmont, TO Arnold Ogden, and
for j. A. Flynn his cottage and garage
on Stuyvesant Avenue. Larchmont Park,
Larchmont, to Norman Levinson, of
New York City.
New-York tribune., 1921-06-12
Business Troubles
Petitions in Bankrnptcy

The, following petitions in banbruntcv
were ne. MED Yesterday in the United states
Joseph K. CONROY-voluntarv edf-
s25, s2r. $40 West 125th Street Liabilities.
BLEN Z. sALKTN-voluntary; 125 weat
II IN 7t.4 street Liabilities. $5.052: no assets
W " EaP!.E y CO.-InvoIuntary; insurance
o. : - 5}It1W' lnc.-Involuntary bakers
2io Eighth Avenue and Sl61 Broadway
Aiao1htles $4,000; assets $4,000.
Schedules in Bankruptcy
The following schedules in bankrun+cv
Htl., H5re hls9 yesterday IN the United States
e. RoBhRT ALEXANDER - Liabilities
800. assets. sI2g27
ADeRAHAM TABACHNIK - Liabilities.
$f127J; assets, S23.70o
New-York tribune., 1921-06-12
Polish-Hungarian Trade Treaty

Kurjer Warszawski of March "a,
1921, announced that an agreement
relative to the reciprocal interchange
of merchandise was signed between
Poland and Hungary during the first
part of February, 1921. The Associa-
tion of Polish Merchants has requested
the Polish government to ratify the
agreement without delay in order to
facilitate the success of a commercial
inspection trip to Hungary to be made
soon by members of the association.
New-York tribune., 1921-06-12
Orders Show Increase

ror every 1000 orders for mems
r.s sar reported by wholesalers and
ws1, aeturers to the Credit Guide last
se' ~eek' there were s42 in the previous
~ss5 49, In the women's wear trade last
shseA the orders ran 1000 to 903 in
n'e previous week. The increases are
hbspcFted az coming both from visiting
.asefs and from road statesmen. Prices
''s unchanged, the report adds.
New-York tribune., 1921-06-12
Americana Polish Chamber
OF Commerce. Warsaw

The Polish-American Society is or
ganizing an American-Polish Chamber
Of Commerce and Industry in War
saw, according to Rzeczpospolita of
April l, 1921. Many important Amer
lean and Polish firms have joined the
chamber. The entrance fee is 5000
Polish marks and the annual member
ship fee 10000 Polish marks.
New-York tribune., 1921-06-12
Buys Boston Road Corner
AS Location for Branch

Shaw, Rockwell & Sanford sold 20
the Corn Exchange Bank for Thomas B.
ShortlifF the fve-story apartment at the
northwest corner of Boston Road AMI
Clinton Avenue, 2S2x100. The Corn
exchange Bank will establish a branch
az THIS location when alterations are
completed. l. Kahn represented the
New-York tribune., 1921-06-12
Leave City for Mamaroneck

The Stilwell realty office of Mamaro-
neck sold the cottage of H. ]. Ccusard.
at Halstead Manor, Mamaroneck. to
Frederick J. Danke, of this citv.
and rented, furnished, the residence Of
Thomas F. j. Carroll on Barry Avenue,
Rye Neck, to C. Perry Marks, also of
this city.
New-York tribune., 1921-06-12
Buys Woodmere Site for Home

The Payson Mel. Merrill Company
sold for the estate of Franklin B. Lord
plot of one and half acres of land
on Midfield Road, Woodmere, L. l., to
John c. Milholland, who will erect a
dwelling for his own occupancy.
New-York tribune., 1921-06-12
Doctor Sells East Orange Home

Frederick L. Hoffman, president
and statistician of the Prudential In
surance Company, has sold his home
at 81 Washington Street, East Orange,
to Or, Bernard Du Bois, through Louis
o,chleslnger, Inc. The same broker sold
the three-family dwelling 1O5 and 107
Montclair Avenue, Newark, for George
D. Bartholomew to Joseph Scorca.
New-York tribune., 1921-06-12
Big Flat for Dyckman Section

A fivestory apartment is to be built
by the Zedee Realty Corporation at
the northeast corner of Broadway and
Academy Street, 10ox90, which, accord
ing to the architect, G. F. Pelham, who
filed plans yesterday, will cost S175 900.
New-York tribune., 1921-06-12
Plans for Ten-Story Office
Building on Liberty Street

Plans were filed yesterday by Som
merfield & Steckler, architects, for a
ten-story office building to be erected
by f. Fl, zabriskie at the northeast
corner of Liberty and Washington
streets, estimated to cost 100000.
New-York tribune., 1921-06-12
Satisfied judgments


The first name is that OF the seb,o-
the second that OF the creditor and dats
WneE judgment was aled
Nel4Iy, Chas TT 3 Gronarette:
April 20, 1914 ........ sz2a s-
FostInan, Jacob NIB Brand ct
,,ornaS3 al; Oct "a q, 1920 1.4sa.ss
caa,s May rs Is; 1921 ......: ...... s.ssss5
Anderson--Bush. Beach Gent,
c,rans.I Inc; Aug Is. 1879 -. s.5s4ss
atty Co--Peopie, etc; Jan 2s,
ud9:I 1871 ,.,...,.... 80. 100000
r,1sds atty co--saIne; July IS. 1920. a,ososo
FREEDMAN Bros Co and 0'Brien
ine--J Sehein5erg ct al; May
Ranleen Realty co--M Randeli;
Jan 9. 1919 reversed. .... &sTgss
In Bronx County
Buckenhan. Geo E--C,omrnereial
e,afi5s Finance Co; Mar Il. 1921 ....: si.1so.s7
Estate OF Lawrence j Callahan
r,,3,s o9,sm2poiitan Bank: Apr q. II 1.s7s.so
OF Railroads.&c.. Z. Hisev. as
adfnF. s....s-.......- S14s s2sAf
Ehrhardt. Bred--Metropoiitaa To-
:. naeeo Co. s....,.-s., s.,...-.... 1883
Sss,s,a e1ssd.loeFg. Nathan e3raen... sage
To.aen' Tosa.a' harTy A--9. 9ilInaa.,.. I1s.7s
Fesner Louis and Tsidar Yanoxer
Empire Butter and Egg Co.
Inc, ........... .........- ara
Sanders, Jerome Al wasser e'
s,,3sS a9S esd ,..,. 2ssis
spsiiman. Nathaniel N-@ "
s'sssi ....,.,. s..s