davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-01-01
AMERICAN EXPORTS
TO GERMANY GROW
Trade With United States Dur
ing November Shows Gain
of S16,O0O,OOO.

WASHINGTON, Dec. 31.-American
trade with Germany continues to i'm
prove. to-day's monthly statement of the
Department of Commerce showing ex-
ports last month of sS5, ,O61 OO9. against
$23,044,142 in the corresponding month
year ago. ana imports from Germany
OF S7.557,6SS, against S3,212,S31 in No
vember, 1919
Both exports and imports generally
showed falling off last month, as COM
pared with those of the corresponding
month year ago. but there were In
creases in exports to South and Cen
trail America, Mexico, Cuba, Spain and
the Netherlands.
Exports to Japan dropped from $34. :
439.s90 in November, 1919, to $9,023,-
aO3 last month. while imports from
Jnpan fell from $51,O6S.147 a year ago
to $15.573,133 last month.
Exports to France last month We're
S59.009,746 last month, as against $72,-
29o.499 in November, 1919. Imports
dropped from 1881. 1865 a year ago to
$11.716,546 last November.
Italy took only $685.. 773 of American
goods last month, against s37, 199.S51 q
year ago. while imports from that coun-
try fell from $40 s26,S27 to s., ,320,452.
The Netherlands bought goods valued
at $S3.s45602. while a year ago the total
was ,554. Imports from the Meth
erlands last month were Sc. 791 ,337 and
year ago they were $6,701,3S6
American exports to Great Britain
dropped nearly sl15,O0o0O0. the total in
November. 1919. being 500 lag, ,a61, while
last month 1t was only $1S 060 72. In
ports from Great Britain also fell from
S473 ,S63 to S26, ,S23 547
Spain bought American goods valued
at s20,44S1SS last month. against $10-
S2Sbo4 year ago. while imports from
that country totalled %,03S,735 last
month, against $685. ,2A a year ago.
Exports to Canada dropped from $74,-
637, ,s9i to s69.3i0.121 and imports rose to
S62, 1897 from sS2,471 ,262.
Central America bought United States
goods valued at $7,S04,976 this year.
while the exports in November, 1919.
were $4.S0S,054. Imports amounted to
S2.442,095 in November and $1,627,192
a year ago.
Mexico took s23,1a202s worth of
American goods last month. against
s12,697,415 a year ago, and the United
States bought s16.442,63O of Mexican
products, against $15,644,403 in No
vember, 1919.
Exports to Cuba increased from $2S,.
b1b,3S3 10 S57.blS,3Z4, Whlle imports
from Cuba fell from s27,495,44o to ST.
079.241
Exports to Argentina amounted to
s26,044,5S9. against $13,2S1,0S2, while
imports from that country fell from
26,1SS,930 to SS.09S,277.
Shipments to Brazil rose from $7,49S,.
973 to s17277.731, and imports dropped
from $50. $50 to s12.673.151.
Chile received goods valued at s5,S0S,-
062 in November. against S3.350,93O n
year ago. while imports from that coun-
try fell from S10.54S,510 to s6.776,526.
Exports to Uruguay rose to s3.415,-
S45 from S1,452,549. and imports de
creased from s6,S39,999 to s1.1S5,1S6.
China bought United States goods val
ued at S10,645.207. while year ago
the exports totalled $9.123,321. Imports
amounted to s5,460,234 against $14,-
712,450.
The New York herald., 1921-01-01
LOOKS TO 1921 CONFIDENTLY.
Bank Also ContempIates Last Year
with Satisfaction.

"In looking forward to 1921 with con-
fidence we cannot but look back at 1920
with satisfaction" says the American
Exchange National Bank in a summary
of the year in finance
1--WE entered 1920" the summary goes
on, with far greater perplexity than We
are entering 1921. and when we look
back with understanding at the record
of our achievements we may we'll con-
gratulate ourselves upon the result and
take hope for the future. We have not
solved all of our collective problems by
any means, but we have disiliusioned
those who hoped that, through sheer
stupidity we would pull our economic
house down upon our heads. The world
Is waiting for the things that are the
product OF labor alone. We all. work
ers and planners and builders. have
learned that there In no short road to
Utopia, that we must work II we would
have the things we crave"
The New York herald., 1921-01-01
TOPICS OF WALL STREET.
Reinvestment Demand.

The demand for securities for rein
vestment was felt to the greatest extent
in bonds yesterday, all issues advancing
materially with low priced ones in the
van. Government bonds were strong. 1t
was the first day of regular trading that
was free from sales TO record losses for
income tax purposes. and when investors
decided to repurchase issues sold pre-
viously the supply was small and ad-
vances all along the line were in order.
The activity in the bond market was so
great that one important house posted
this bulletin in its office at 10 80 A. M.
yesterday: I'VE cannot be responsible
for orders in small lots of bonds to-day.
We will do our best to fill orders. but
the activity in the bond crowd in cash
trades does not permit us always to ge.
in on sales with small lots"
The New York herald., 1921-01-01
sugar Grinding slow.

Latest cables show that only twenty.
one sugar centrals are grinding In Cuba
in contrast to six times that number
at the corresponding time a year ago.
The delay In starting this season is
explained only in part by unfavorable
weather the depressed financial condi-
tions in cuba and the low sugar
prices. Some estates owned by Gu
ban interests are finding difficulty
in procuring cash TO finance their
crops, and some OF the mills find
II difficult to obtain thirty day ad-
vances, which would enable them to
pay their labor and other costs. Incl
dentally the British Royal Commission
has reduced the wholesale price of
granuated sugar in England from so
shilllngs TO 70 shillings a hundred
mounds
The New York herald., 1921-01-01
REA's ADVICE TO EMPLOYEES.
Give seats TO Customers. He Says.
in Giving out u. II. II. Passes.

vania Railroad system to employees for
1921. Samuel Rea, the roads president.
gave them yesterday a bit of advice. II
Is in effect. "stand up and give the seats
to cash customers"
"The obligation OF an employee in
such case" says tho railroads presi-
dent, lis plain and rests upon the princi-
pies OF courtesy and right IL may be
performed without embarrassment to
any one and without attracting needless
attention by simply arising and moving
to another part Of the car or train. Our
patrons on all occasions should be treat
ed as our guests. and whenever any
question arises we should sacrifice our
own individual comfort for theirs"
The New York herald., 1921-01-01
FORM EDGE LAW COMPANY.
New Orleans Concern VIII Finance
Cotton Exports.

WASHINGTON. Dec. 31.--Approval Of
the articles of association of the Federal
International Banking Company Of New
Orleans was announced to-day by the
Reserve Board. The corporation has a
capital of $7.o00.000 and is organized
under the provisions OF the Edge act for
the purpose Of financing foreign trade.
The new company. the second Edge
net corporation approved by the board,
was formed TO finance shipments Of cot
ton and tobacco from the South to for
eign countries. but 1t is expected that
the corporation will devote itself princi-
pally to cotton with the view OF relieving
the situation facing the growers.
Pending the issue Of final permit the
board said that the corporation had au-
thority to exercise only powers incidental
and preliminary TO its organization.
The New York herald., 1921-01-01
Denver and rio Grande.

The committee of which John Henry
Hammond OF Brown, Brothers X Co.
is chairman. formed in May, 1917. to
protect interests OF holders OF the Dem
yer and Rio Grande first and refund
ing mortgage per cent. bonds. has
issued circular In which the state
ment that It is expected that as soon
as the sale OF the property be con-
flrmed a plan will be announced and
the bondholders will be given ample
opportunity to consider Il is made. In
the meantime. the committee states.
those who have not deposited their
bonds with the Bankers Trust Company
may do 80. The committee says that
already Il represents a substantial
amount OF the outstanding issue.
The New York herald., 1921-01-01
The Gain in Deposits.

The downward trend of demand and
time deposits as reported by the New
York Clearing House Association was
checked last week and gains of SILL
$4,000 in demand deposits and of S17,-
$4,000 in time deposits were reccrccG.
They were accompanied by an expansion
OF only SS.40O.000 in loans. Owing to
increased reserve requirements because
or larger deposits and to loss of cash
to the reserve bank, the surplus de-
creased $l9,5l5, $50 to $11, ,043, $50. United
States deposits at the close of the week
Were s121,S1s.000, but 5000, 900 of
that sum will be withdrawn on Monday.
The New York herald., 1921-01-01
Reading Asks More Time.

Wall Street was not surprised at the
news from Philadelphia that attorneys
OF the Philadelphia and, Reading had
asked the court for an extension of time
In segregating its coal and rail proper
ties. Some serious differences of opn-
Ion have arisen within the last few
weeks among holders of various classes
or stock and probably it will take sew
eral months to iron them out. Holders
OF the second preferred stock are re-
ported as particularly dissa tisfied with
the present plan. Reports that protec-
tive committee for that stock is to be
formed are current
The New York herald., 1921-01-01
Reserve Ratio Rise.

The local Reserve Bank, whose state
ment, together with that of the consoli-
dated twelve Federal Reserve Banks.
will be published tomorrow, disclosed
a slight advance in reserve ratios. The
proportion of total reserves to de-
posit and Federal reserve note liabilities
combined advanced from 1913 per cent
TO 40 per cent, and the ratio OF re-
serves to net deposits after deducting
10 per cent. gold reserves against Fed
eral reserve notes IN circulation rose
from 1871 per cent. to 1913 per cent.
Circulation figures showed a contraction
OF SIG, 354. .OOO
The New York herald., 1921-01-01
Republic Cuts Pipe Price.

The Republic Iron and Steel Com
pany has cut it's price for pipe as of
January l approximately 81 a ton. This
cut brings the price down to the level
established by tho Industrial Board in
March, 1919. and to the level which the
United States Steel Corporation has
maintained since that date. Practically
the entire list of Republics products
Is now on the same basis as those of
the Steel Corporation, 1t was declared
yesterday.
The New York herald., 1921-01-01
spanish Branchc. Transferred.

The National City Bank has trans
ferred It's branches in Madrid and Bar
celona to the International Banking
Corporation. the action said to have
been due to the agitation in Spain to
tax n branch on the basis of the capt
tai. surplus and undivided profits of
the home office. The transfer. there
fore, was I'm no way connected with
the recent suspension of the Bank OF
Barcelona. They were the only two
branches that the National City had in
Spain. but It had n total of fifty-fivo
branches throughout the world. exclu-
sive OF those In Moscow and petrograd
Temporarily closed. Tho International
Banking Corporation has thirty
branches, mostly IN tho Far East.
The New York herald., 1921-01-01
United states Food Products.

Officials of the United States Food
Products Company denied yesterday
that the company would do any financ-
ing. For considerable time there has
been rumor to that effect in circula-
ton, but following the announcement
yesterday that the Equitable Trust
Company had lent to the company
81, ,0o0. 600 on it's fifteen story building in
Pine street, 1t was said that no financ-
ing would be necessary now.
The New York herald., 1921-01-01
Gold Reserves Smaller.

There was loss in total gold re-
serves OF s7,35l,O0O, partially accounted
for by the Withdrawals for Christmas
distrbutic-, but it was largely offset
by deposit of $4,650,000 in silver. legal
tender notes, &C. with the local re-
serve bank. There was no noteworthy
change in member bank borrowings from
the Reserve Bank, but the latter in
creased its purchases of bills in The
open market $13,100,O00 to s109902, 27l.
The New York herald., 1921-01-01
Rail Orders.

The Nickel Plate Railroad has closed
a contract with the Ilinois Steel Com
pany for 5000 tons of rails for delivery
early in the new year. An export order
for approximately 5000 tons has been
taken by tho United States Steel Prod
ucts Company for the Tien-Tsin Pikow
Railway of China.
The New York herald., 1921-01-01
RECEuvBRsHIP.

TOLEDO, Dec. 31.--As the result OF
charges of adverse financial conditions
the Toledo and Western Railroad, which
operates electric lines from Toledo 10
pioneer, Ohio. and Adrian, Mich, was
placed to-day in the hands Of receivers
by order OF Judge John M. Kiliits in
Federal Court.
The New York herald., 1921-01-01
COAL DROPS IN sT. LOUIS.

ST. LOUIS. Dec. 31.--Three large coal
dealers announced to-day price reduc-
tions of % TO 75 cents ton. effective
Tomorrow. The reductions result from
gradually declining prices at the mines
and general business depression.
The New York herald., 1921-01-01
Gold Imports.

An unusually large import movement
of gold Is scheduled TO be announced by
Kuhn, Loeb & Co. on Monday. Advance
indications are that the sum will be the
largest weekly single shipment con-
signed TO that firm since the movement
began.
The New York herald., 1921-01-01
Reserve Bank Earnings.

The local Reserve Bank transferred
yesterday s39, coo to the credit of the
United States Treasury in lieu of a
franchise tax, and 1t was estimated Of
ficially that the transfers for the
twelve reserve banks would exceed
$50 0O0, 900.
The New York herald., 1921-01-01
FINANCIAL NOTES.

Chemical National Bank has appointed
Charles Cason director Of its new depart-
inent Of public relations. effective January l.
Mr. Cason Is a member OF the executive staff
~ the Rockefeller Foundation and was pre-
Niously alumni secretary of Vanderbilt Uni
versity. of which he Is a trustee.
Pierre T. Pasteur has been appointed as
sistant manager and Joshua G.. y. Campbell
assistant secretary In the Guaranty Trust
Company's Paris office
meeting OF the curb Stock and Bond
Markkt OF New York. Inc, will be hold In
~ Beaver street on Tuesday at p. NJ for
fhe adoption OF It's constitution and its by
laws and the election of its officers. rhe
members VIII be entertained after the meet
Ing by the charter committee.
Mutual Trust Company Of Westchester
county has declared dividend of 2 per cent
payable on January i5 1921. 10 stockholders
~ record on January -, 1921. Books VIII
not be closed.
The New York herald., 1921-01-01
MONEY MARKET.
FRIDAY. DECEMBER 81.
Earu unA>A

FRIDAY. DECEMBER 81.
CALL LOANS.
Renewals .......... T'Last ............... I
High .............. TlYears high ....... .25
Low ............... 7lYear's low ......... o
TIME LOANS.
Mixed collateral, go to 90 days. ......... .Td7is
Mixed collateral. to G months. .InIi4
Industrials, 60 10 90 days. s...............Ii Ii4gs
1ndustrials, 90 months. ............ .TiknS
COMMERCIAL PAPER.
Best names, 10 months. s................. =
other names, 3 TO months. ............... s
DISCOUNT RATES. RESERVE BANK.
Commercial paper II days, Z 10 TO 30
days Z. Liberty bonds and Victory notes,
IL days, 6: 10 20 90 days, O. Bankers ac-
ceptances, ID TO 90 days, O.
OPEN MARKET RATES.
Prime eligible acceptances on call, G: re-
discountnble al Reserve Bank, 90 10 90 days.
Gasn8is: non-members and private bankers
eligible, so 10 80 days, 6AuGia; non-ellgible,
60 10 20 days. SdTih
CLEARING HOUSE STATEMENT.
Clearing House exchanges. 500 ,6gJ 572;
balances, S76. 100. .495. Federal Reserve credit
balances, s63 .0s4f94.
SILVER MARKETS.
official bar silver IN New York, domestic,
p9ibc an ounce. Unchanged foreign, 64ihc.
off 7sc. London, 407sd., off I'D. Mexican
dollars. dsiac. off &c.
The New York herald., 1921-01-01
DIVIDENDS.

Stock OF Pay
Record. able
Congoleum Co. 81 30. .......Jan z Ian tx
Consolidated Textile Corp. a.,
focs s.4sss.ss. Jan. 10 Jan. IL
t.ney Island BANK x5....... -
Lima Locomotive Works,
INC. pr. g., N.IO........ -. Jan IL Feb.
Monhatn ltwy Co., a., Sl.1J.Dec. 30 Jan.
Eidwest REFINING, a., ~ Jan ~ Feb.
Midwest REFINING. eN., ~. jan IS Feb.
D. .. pf.' ?. a. ". 2.'...... Jan. 10 Mar.
The New York herald., 1921-01-01
NEW YORK STOCK EXCHANGE QUOTATIONS.

1920. 1919. 1918.
221 SO9.1S91a 312,75l,162 14S24O,Sl4
The New York herald., 1921-01-01
COMMERCIAL PAPER.
DISCOUNT RATES. RESERVE BAN

Commercial paper. Is days, I 10 TO 30
DAYS. Z. Liberty bonds and Victory notes
~ days, 6: 10 TO 90 days, o. Bankers ac-
ceptances, n IS TO 90 days, @.
The New York herald., 1921-01-01
OPEN MARKET RATES.
CLEARING HOUSE STATEMENT.
SILVER MARKETS

Clearing House exchanges 1921 ,6gJ, ,5T2
balances, ST6. 100. .49j. Federal Reserve credit
balances, SCI. .Os4. 1914.
The New York herald., 1921-01-01

official bar silver In New York, domestic,
aqigc an ounce unchanged; foreign, G4ikc.
Off 7,c. London, 4O7sd.. off I'D: Mexican
dollars, dsiac., off &c.
The New York herald., 1921-01-01

81 NoTEod recorded line
Connecticut western news., 1921-09-01
PAVIOL'S GARAGE

back his cousin for a visit.
 A. T. ufo's place of business will be closed next week as Tony is to enjoy his annual vacation.
 MT. Boyd, the R. F. D. carrier, has purchased a new Ford touring car foI his business.
 Lakeville School will open next Tuesday morning for the fall term.
 c. H. Osborn and Grant Finkle and family spent Sunday with Mrs. Mary Blake. Among those present at the Blake house were MT. and Mrs. Ward Finkle of Boston, Mrs. George Finkle of West Haven, Lansing Mrs. Alice Finkle of New Haven, Chas. Law, MT. and Mrs. Grant Flnkle, Mary Finkle, c. H. Osborn.
 The Millerton Community picnic held in Holley Grove last Wednesday was the largest held in the Grove in years. There were over six hundred present, all business places in Miller ton were closed for the occasion, excepting those compelled by law to keep open.
 Eugene Frink w'ho has teen in the employ of Mir. Churchward for the past two months, moved his family to this place from Torrington on Monday, and is living in Mrs. Knights house on the road to Wells Hill.
 Ward Finkle, Gladys Osborn, Ava Wright, Leslie Dufour, John Finkle and lady friend from Canaan all motored to Savin Rock on Sunday.
 Mrs. George Finkle who had been visiting her aunt, Mary Blake, re- turned to her home in West Haven on Sunday last. Chas. Low who is taking his annual vacation from the farm accompanied her as far as New Milford.
 Mrs. M. E. Miller who has been confined to the house for several years with rheumatism had the mis- fortune to fall last Friday night in the night and fracture her hip, and at the present writing is considered in very serious condition. She IS eighty two years of age.
 Mrs. Alice Finkle of New Haven spent a portion of last week with Miss Della Judd.
 Paul Cleveland of Brookfeld was visiting friends and relatives in town this week.
 Paul Andrews motored to Pine Plains last Sunday and spent the day.
 A. J. Wheeler of Westport called on c. H. Osborn on Monday last MT. Wheeler and MT. Osborn are both natives of Pawling, N. Y. Mir. Wheeler moved away from Pawling thirty six years ago, at that time MT Osborn was boy going to school with Mir. Wheeler's sons, and at that time thought little that he would ever take up the professicl Mir. Wheeler had given up when he moved away, but took it up again in another town. But such was the case and MT. Osborn took to the
Connecticut western news., 1921-09-01
SNAP SHOTS

We'll, congress is off on a thirty day vacation and goodness knows we need it.-Waterbury American. About all the melting-pot does now is to make it hot for the immi- grant.---Albany Times-Union.
 The soviet government seems al most indignant that it's hunger should have been mistaken for re- pentence.---Dallas News.
 The Sheppard -Towner maternity bill suggests that congress aspires to be the nations mother-in-law.-- Norfolk Virginian-Pilot.
 The chap who said truth is strang- CT than fiction died before fiction reached it's present state of develop ment.--Elmira Star-Gazette.
 ':. sA@
 When the democrats cannot block legislation they can at least criticise republican president for urging it. New York Herald.
 That moaning sound to the east ward is the 1lamentation of the Paris hotel-keepers who have discovered that the disarmament conference is to be held in America.---Cincinnati Commercial Tribune.
 
 That Versailles Treaty made one fatal mistake. It failed to forbid Germany to undersell those who lick ed her.-Baltimore Sun.
 A Moroccan bandit has quit out 1awry because he is too fat. Per haps he could continue his career as a hero in comic opera.---New York Herald.
 You never realize how far we are from the spirit that will insure ever lasting peace until you watch the crowd when the umpire makes a close decision in favor of the visiting team.---Minnesota Star.
 v &.s %#&
 If national taxes are cut half 8 billion, that will save us about $5
Connecticut western news., 1921-09-01
SHARON VALLEY

MT. and Mrs. Arthur Louquet of Brooklyn are spending their annual vacation at the home of the latter s aunt, Mrs Hattie Middlebrook.
 Mrs. Claude Moves and son Harold of Wilder, Vt., has been visiting her sister, Mrs. Herbert Raban.
 Mrs. Herbert Raban and son Kel- sey have been spending the week end at their home in New Haven.
 Alfred Raban has been camping at Peach Lake, N. r., riding back and forth on his bicycle.
 William Plumb and son of Bridge port are visiting MT. and Mrs. James Vosburgh.
 Mrs. Willis Turner and daughter Virginia and friend Clyde Rapp of Elizabeth, N. J. have returned to their home after spending the past two weeks with Miss Jessie More house.
Connecticut western news., 1921-09-01
Feared WieIder of Razor.

Jane was taken to the barber shop to have. her hair cut for the first time. There were several men in the shop, so they had to wait their turn. NOtn- ing escaped her notice, so when 1t was her turn and daddy was ready to lift her into the chair she seemed fright ened and cried to go home, and home she came. Next morning took her to task about it, telling her how bad poor daddy felt when she was so naughty. She looked up at me and said: T just tell you, mamma, Iwould a had my hair cut, but I didn't want to be shaved"
Connecticut western news., 1921-09-01
WorId's largest Reservoir.

The largest irrigation reservoir any where is the great Elephant Butte dam, which stores more water than the world-famous Assuan dam on the Nile. This big dam, built in the Rio Grande above Fl Paso, at a point In New Mexico, holds water enough, we are told, ito fill a standpipe eleven feet in diameter reaching from Fl Paso to the moon, or Ut cover Massa- chusetts to a depth of six inches !"- National Geographic Society Bulletin.
Connecticut western news., 1921-09-01
SALISBURY

hrs. Lindley Morton and two children of Wayne, Penn, are visit ing her parents, pr. and Mrs. J. c. Goddard.
 Mrs. Jennie O'Hara returned to her home in Taconic, after spending a few days with Mrs. Wm. Conklin.
 Mrs. R. c. Harding is entertain ing her niece of Chicago this week.
 Arthur Dubois of Waterville is visiting his parents, MT. and Mrs. Charles Dubois.
 There will be a dance in the town hall Labor Day night, Sept. 9th, un- der the auspices of the Baseball team. Kegler & Keenan will furnish the music.
Connecticut western news., 1921-09-01
Pilgrim Church Notes Friday, 7:30

Preparatory Service in anticipa- ton of the coming communion.
 Sunday !. Morning Service of Worship at 10:30 with celebration of the Lords Supper.
 The sessions of the Sunday School will be resumed on the coming Sun- day, the school meeting as usual at 11:45.
 The local protestant churches are to unite beginning Sunday, Sept. 11th in a series of services conduct ed by Mr. E. c. Mercer and MT. H. H. Hadley of New York. Both these men have had an unusual type of Christian Experience and each has a strong message which the church of today needs to hear. Full announce ment of the program will be made shortly.