davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Sees Improvement
In Business and
Realty Conditions
Tax Exemption and FREE
quent Lot Auction Sales
Have Resulted in Homes
Being Built, Says Day

The widespread purchase of vacant
lots at auction--which since May
has been the outstanding feature of the
real estate market--has been, and is
justified by the improvement in bust
ness conditions generally, as also by
the shortage of housing facilities and
by the unprecedented benefits to be de-
rived from tax exemption for ten
years." by those who begin to build
home, a bungalow, a two-family house
or an apartment house before April /,
1922.
Early in the current year, when the
business and political outlook both at
home and abroad was anything but
bright, predicted an improvement in
conditions before December 81, and
this Improvement is now matter of
everyday report.
approved the sales of more than
$4,000 vacant lots in the city and sub
urbs, because | believed they could be
sold, and they were sold between May
and August /. in three short months,
to thousands of individual buyers,
many of whom have lost no time in
starting to build, despite the fact that
many thousands of men have been
thrown out of employment or had their
wages reduced.
Now, however, money, both here and
abroad, is cheaper than at any time in
the last two years; the banks have in
creased their reserves and are more re-
spousive than at any time since the
war to requests for credit facilities.
The railroads Of the country, which
ara the largest buyers of material and
the largest employers of labor, have
begun to increase their working forces
and contemplate the early purchasing
of materials with part of the $500,000,-
600 allowed them by the government
Financing by the railroads is becoming
distinctly easier and investment bonds
are continuing to advance.
The farmer has assurances of prac-
tical financial assistance, and grain
shipments recently have approached the
best figures for the year 1920; our
agricultural population is reducing its
debts, and that is a good sign always.
Another favorable sign is the in
creased consumption of gasoline and
the report that the steel companies are
booking more orders during the sec
ond quarter of the year than they did
in the first quarter.
All the large centers of manufac-
turing report sudden influx of
buyers from all parts of the country
for goods for immediate or early de-
livery Stocks are low and must be
replenished.
All of this means that the United
States is holding it's own, and that this
great country is destined to be, as it
always has been, the mecca of count
less thousands of those who seek
greater freedom and riches.
With each new unit of population
the value of land in the City of New
York and it's suburbs is increased pro-
portionately. The man who buys a
few we'll located lots now is the man
who should make profit in the fu-
ture, and the city has a population of
100000. "A word to the wise is suf-
| fcient"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Wheat Is Higher
In Quiet Trading;
Evening Accounts
Sentiment Leans to Selling
Side, but Traders Lack
Aggressiveness; Corn
Rallies ON Coverings

CHICAGO, Aug. 6.--There was
small evening-up trade In the wheat
market to-day, and after moving in q
feverish manner for time, prices de-
veloped a flrmer tone and at the close
we're u to Inc net higher.
Underlying sentiment again leaned to the
bear side. but sellers were not aggressive
and the fear was expressed In some quar-
ters that the market was becoming too
one-sided and technically Arm Underly-
Ing conditions were not materially changed,
however. and export operations for the day
were limited Receipts OF spring wheat
are expected to increase materially in the
near future, and the trade evidently be
lieyes that this will bring about greater
pressure on. the market and that active ext
port purchases Will be necessary TO sustain
values.
Receipts for the week at primary pointn
showed q falling. off OF over 1000. 900 bush
els, but the recent action of yaides made
It evident that there was stili great deal
of pressure on the market and that many
OF the holes which existed at the outlet
Of the season had been filed.
The corn market showed tendency to
rally on covering. but price changes were
very narrow, with final quotations Nc net
higher to lsc lower. Reports that sos o0C
bushels of corn In elevator In Chicago had
gone out OF condition caused moro or less
pressure during the day, while rains in the
Southwest were considered favorable for
the crop Exporters displayed a moderate
interest, and sales were reported of about
100000 bushels.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07

1000 and 5000 Czecho- Slovak crowns,
printed in the United States, are now
IN circulation in Czecho- Slovakia.
Cold and silver money, as we'll as the
currency of foreign nations. can not
be taken out of the country without
the special permission of the Depart
ment of Finance.
The small coin in use in Czecho-
Slovakia is still that of old Austrian
and hungarian issues. The govern
mentt is now working on designs for
Czecho-Slovak coins to take their
place. and hopes to be able to with
draw the old issues during the pres
ent year. The first coin of Caecho-
Slovak make was struck January 1.
1871, at the State mint in Kremnice.
1t is planned to strike new coins in
denominations of 20 hellers, so heliers.
and ! crown. The metal used will be
a mixture 80 per cent copper and 20
per cent nickel Up to the present it has
been impossible for the government to
strike it's own coins because of the
scarcity OF metal. and the destruction
OF the state mint at Kremnice by the
1918. -
Before the war; the mint at Krcm-
nice was that used by Hungary. 1t
was here that the famous golden ducats
were struck. The archives of the mint
date back to the year 1880. At the
time of the downfall of Austria-Hun-
gary, the departing Hungarians car
RED off what they could and DESTROYED
everything else including the building
itself. Since then the building has
been restored and new machinery in
stalled Tests for the new metal cur
rency have been successfully met, and
the minting of coins is about to be-
gin
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
New Czech Paper Currency
Engraved in United States
One OF Most Important Problems of Infant Nation
was Substitution of Own Money for
Austro-Hungarian

One of the first problems to con-
front the new Republic of Czecho
Slovakia was the provision of a sepa
rate currency. as the only currency in
circulation within the new Republic
was that issued by Austria Hungary.
The government began by stamping
all the bank notes issued by Austria
Hungary with the arms of Czecho-
Slovakia, and at the same time took
over all branches of the Bank of
Austria Hungary on Czecho- Slovak
territory. These bank notes were in
tended to be temporary only and were
soon replaced by notes issued by the
government of Czecho- Slovakia itself,
50 that by June 20, 1920, the last
austrian note bearing the Czecho-
drawn from circulation.
The next step was the creation of
a new, Bank Department, under the
direction of the Ministry of Finance.
This was followed by statistics show
ing the financial resources of the new
republic and of all persons having
their place of residence in Czecho-
Slovakia on March /, 1919. $ AS a re-
suit of the statistics taken Parliament
passed an act April 8, 1920 imposing
a tax upon property and incomes.
The object Of the income tax is to
withdraw permanently from circula-
bank notes Of a temporary nature and
to provide for the payment of debts
arising from the currency measures.
The act also limits the amount Of
paper money in circulation, and pro-
yides for its increase only when backed
by commercial bills and securities dis
counted by the bank department. The
report of the Bank Department for
FEBRUARY z, 1921, shows the total value
S06,o66,004 crowns, or about $154,372,-
271. This amount is covered by bills
to the value of 1,848,825,421 crowns,
about $26,411 1885; by securities to the
value Of 2,193, 774,200 crowns, about
S31 1889 ,631, and by other assets worth
551 .001 ,058 crowns, or about $7,857, 158.
There are now in circulation fewer
unsecured bank notes than the number
allowed by law.
The purpose of the regulations affect
ing currency is to make possible the
ultimate resumption of gold currency
as provided for by the Act of Parlia-
ment of April ID, 1920, authorizing the
creation eff the Czecho-Slovak National
Bank with the right of issue. Volun-
tary gifts for the creation of Czecho-
Slovak metal fund have been made in
gold, silver and jewels to the amount
of 100000 crowns, and loan to the
State Melted total of 100000, 900
crowns in gold, or 52o,s25,2os. The
final adoption of gold currency is
dependent upon sterilization in econ
omic conditions and in better equili-
brium between the values Of exports
and imports
Since the war the government has
placed an order with a firm in the
United States for the engraving of
paper money. The result is that bank
notes in the denomination of 100,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Queens Farm
Land Totals
H,l43 Acres
Only 20 Per cent of Area.
Says Willis, in Telling
of Its p sibiIities
for Future Construction

the great possibilities of Queens
Borough for housing the future popu-
lation OF New York City are shown by
the fact that there are to-day 14.14S
acres in Queens devoted exclusively to
farming. which is an area greater than
that of Manhattan Island with IT'S
population of 2,2S4, 900 The acreage
devoted TO farming in Queens repre-
sents only 90 per cent of its total land
area, the balance Of more than $4,000
acres IS larger than Brooklyn with it's
population of 2,00000 Queens has a
population to-day OF only 500, 1000, al
though larger proportion of its area is
included within circle with a radius
Of ten miles drawn from the center
Of Manhattan, than that of any other
borough of New York City"
The above statement was made bv
Walter /. Willis, secretary of the
greensboro Chamber of Commerce,
who has compiled a table from the
United States government census re-
ports which show the number, area
and value of farms in New York City
to-day, as compared with twenty GEARS
ago, when Queens became a part of
the Greater City.
There are to-day sos farms in
QueSHS, says MT. WINS, comprising
14,148 acres, the land of which alone is
valued at $25.Oo0,000. This is a greater
value of farm property than that in any
one OF the siXty-two counties in New
York State with the exception of
Nassau and Suffolk Counties on Long
Island, Chautauoua, Erie, Monroe, Mas
sau and Niagara in the western part
of the state. and Westchester and St.
Lawrence Counties. The enormous
value of the farm land in Queens is,
Of course, determined by the fact of
its close proximity 10 the congested
sections of Manhattan and BROOKLYN
and the excellent rapid transit facih-
ties now available at a single fare into
Queens Borough
During the last twenty years there
has been reduction of 623 farms in
Queens, comprising 1900 acres. 1t is
safe prediction that the next twenty
years Will show an even greater re-
duction in farm land in Queens
Borough, for the extension of rapid
transit. the new bridges and the
electrified Long Island Railroad serv-
ice is producing the greatest develop
ment of homes and industries in
Queens that has ever taken place in
any city in the United States.
There are to-day 800 farms COM
prising 2o,S48 acres in the five
boroughs of New York City, os COM
pared with 2.o22 farms comprising
47,494 acres in 1900. This is a reduc-
ton Of 1922 farms and 26,646 acres,
during which time the population of
the city has increased 2,182, 84e."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Mexico Considers Revoking
Citizenship of de la Barra

MEXICO CITY, July % (By MaiD. =.
Acceptance by Francisco Leon de la
Rarra, fermer President of Mexico, of
en- official commission by the French
government, it is reported, will be dis
c8ssed by Congress here with view to
depriving him of his citizenship.
Mr.. de la Barra has resided in Paris
Tor several years and has acted as
counsel for the French government, but
the mission to which objection is raised
here would take him to Vienna for an
indefinite period. 1t is contended that
before accepting he should have Sc
cured permission from his home gov
eminent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Site Intended for 34~Story
Building Leased for SO, 600, 900

Thomas Morch leased to client for
the Fidelity Trust Company, Of Phila-
delphia, the property OH Broad Street.
between Walnut and SAMSON streets,
Philadelphia, for twenty years. from
March /, 1922, at gross rental Of ap-
proximately SS,o00,000. This is said to
be the largest realty transaction ever
consummated in Philadelphia.
The property has frontage Of 250
feet on Broad Street and 175 feet on
SAMSON and Walnut, and is occupied by
the Forrest Theater and store build
ings.
The property was purchased by the
Fidelity Trust Company in 1917 as q
site for a thirtyfour-story bank and
Office building, which project has been
abandoned. The new lessees will make
extensive alterations.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
BulIish Reports
Check Reactions
IN Cotton Market
close Is Steady, 8 Points
Higher to 8 Lower; Offer
ings Absorbed by Trade
and Commission Houses

There we're indications of an easier
...bnissl position in the cotton market
:, ths opening yesterday. but realizing
~ aver the weekend was absorbed
!, comparatively slight reactions ow-
,rr 70 the continued bullish character
aserop and trade advices. After SELL
;nr otf 10 1870 early or about twenty
..,ats below Fridays best level. De-
pps.,bsr contracts rallied to 1856 and
.lssea at 1880 with the general mar
sst closing steady, net eight points
s;wher to three points lower.
Tse disposition of recent buyers to take
motifs on long contracts following the big
rrsvsnce of the last few days was probably
srsressad by rumors that there had been
q substantial reduction In speculative short
sesounts. II was rumored in this connec-
s,on that fully $50 bales had been pur-
ssssed By Wall Street on Western short
sr.srsx.s on Fridays advance. and IL was
ssnrnosed that there had boon some ac-
curnplattion Of scattering long accounts :
ThA market opened unchanged to s
-.snss lower and showed ret losses OF about
kto points right after the call. Probably
there was some southern hedge selling as
veil as profit taking. but the offerings were
,hsorbed BY trade or fresh commission buy
srr and the market showed renewed hrm-
ssss during the middle OF the morning.
.Tnached Fridays highs. owing to renewed
raaiIxfng however. and the close was a few
neints of from tho best.
p-,yate crop advices were quite as bull
an as they have bcen at sny time dur4g
shs week and were colored by the weather
JAWS indicating high temperatures in the
snuthwest and rains in Eastern belt Sec
tlnns. where boil weevil are already active.
According TO some of the reports re-
csived yesterday morning the condition OF
ths Texas crop deteriorated fully to S
noints between July %. the date of last
Mondays government report. and the be-
ginning of August
Thsrs was some besrish comment on the
decreased amount of cotton reported on
shipboard awaiting clearance. 1t was esti-
mated at only $4,000 bales against 1890
me previous week, showing that loading
hsd not kept up with the heavy clearances
~ the past week The comparison with
last year was not discouraging, how
ever ana spinners' takings are Increasing.
According TO local spot people there was
: setfer spot business in the interior of
,hs South on Friday than for any one day
nrevously for at least three months. with
hath Southern and Eastern mills good
buyers.
quiet and 6 points higher al 10 SO for mid :
ding: no sales were reported.
-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Other Sales i'm Bronx

Julius Trattner sold for the Seabury
Realty Corporation 1887 Daily Avenue,
southwest corner of 178th Street, a
fourstory modern apartment, 5Sx80,
to Louis Miller.
The plot on the west side of Morris
Avenue, 70.2 feet north Of 184th Street,
has been sold by George F. Curtin to
the Debb Corporation, Leo Levinson
president. It is partly covered with a
2aA story dwelling and stable, ia feet
on Morris Avenue, and extends 1871
feet through to Walton Avenue, at
which point the frontage is Ill feet.
Annie Leavy sold to Mary Ianu the
property, 50x876, on the east side Of
Arthur. Avenue, IT'S feet north of ia
cob Street.
D. A. Trotta sold for Abraham M.
Won Praag and Sophie Won Praag a
plot, 75x100, at the northwest corner of
roberts and Mahan avenues.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
s1,7OO,OOO Loans ON Realty

Samuel Kronsky, Inc, reports having
r"cont.y closed MORTGAGE loans aggre-
eating approximately $i,70o,o0o. The
.s4i ones include S145.0O0 on the
northeast corner of Harrison Avenue
and l80th Street; 1876 West Twenty.
third Street. $4,000; $40 and 531
West 151st Street, s64,o00; "a East
Ninety seventh Street, northeast
east corner Eighty-ffth Street and
Second Avenue. $500; 995 and 997
Aldus Street, $4,000; east side Grand
Avenue, l04 feet south Of 1soth Street,
$50 900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Realty Men Hold an Outing

The Joseph P. Day organization had
its annual outing last week at Manhat-
tan Beach, at which more than sixty
were in attendance.
One of the features was ball game
between the Day team and Harris,
Winthrop & Co., the latter winning by
the score of So. After the ball game
the men went in for swim, had dinner
at Brighton Beach, and in the evening
attended the Rocking Chair Movies.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Club and Y. Nj. G. A.
Buildings for Upper Broadway

recent sale of the plot, 105x118 irregu-
lar, at the southeast corner Of Broad
way and West 183d Street, for Mrs.
Catherine C. Middleton to DR.. Charles
v. Palermo, to be used for the new
Temple Club, Masonic order. Mr..
Stewart was also the broker in the
sale OF the plot at the northeast cor
ner of Broadway and West 1872
Street, sox172.6, irregular, to be used
for the erection of the new building
for the Washington Heights branch OF
the Y NJ c. A.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Rubber Goods Manufacturers
To Erect Plant at Astoria

The J. B. Kleinert Rubber Company,
manufacturer Of rubber goods and
dress shields, has engaged the White
Construction Company, Inc, to erect
a new four story factory at College
Point. The building will be of rein
forced concrete construction, 150x75.
The complete cost will be. approx
mately S225, 900. Plans and specifica-
tions were prepared by Russell G.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Insurance Premiums in 1920

According to Comm rcial AttachG W.
L. Schurz, the insurance premiums col
lected by the most important national
and foreign insurance companies OBJ
Grating in Brazil in 1920 amounted to
23.066,911 milreis and 16,544,2O7 mil
reis, respectively. (The milreis is now
quoted at about S0.105 United States
currency.) =.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
New Selvedge on Sheets

A new type Of tape selvedge has
been added to the Wamsutta fine wide
sheets, sold by Rodley Watts & Co.,
commission merchants. The new sell
wedge is real tape weave, which elimi-
mates the loose filling threads. which
appear at the edges of ordinary sell
wedges.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Long Island CITY Plant Rented

Roman Callman Company have leased
for lima & Stanis, Inc, to the Blue
Blaze Motor Specialties Corporation
the two-story manufacturing building
located on the west side of Seventh
Avenue, north Of Webster Avenue, Long
Island City,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07

unchanged at l2.Soc; sales ITO bales. New
Orleans firm, unchanged at 12.25c; sales
Sl2 bales. Mobile nominal, unchanged at
ll25c; sales nil. Savannah steady. un-
changed at 12.25c; sales nil. Norfolk
steady, unchanged at 12.25c; sales 142
bales August quiet. unchanged at 1225c;
sales rs bales. Memphis steady. unchanged
at II Soc sales $50 bales. Houston steady.
unchanged at 1850; sales SCH bales.
Little Rock quiet. unchanged at 11-25c;
sales $50 bales. pallas steady. unchanged
at u10: sales 2.o35 bales. Montgomery
firm unchanged at 1f.25c. sales nil. Fort
Worth steady. 10 points higher. at 1160,
sales ESQ bales.
Cottonseed Oil
The market closed with prices generally
to s points higher.
The range OF prlces:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Rockawav Office Building Sold

The O'Kane Office building, at Mott
Avenue and the Long Island Railroad,
Far Rockaway, has been purchased by
Smith of Whitehall, Inc, from Ella NJ.
O'Kane, through the Thomas A. Nc
Whitney Realty Company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Tin Discovered in Brazil

1t mas been communicated from Mogy
das Cruces, Sac Paulo, that several
tons Of high grade tin ore have been
extracted on the property of Signor
francisco Berardo. Commercial At
tache W. L. Schurz says that it has
been known for some time that tin
existed ia the district.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Revenue of Port of Rio Janeiro

According to recent report from
Assistant Trade Commissioner Bernard
H. Noll, the total revenue of the port
of Rio de Janeiro for the month Of
April, 1921, amounted to 6,625,516 mil.
rcis. the amounts in gold and paper
being 3,397,391 and 3,22s,125 respect
lively.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Estate Leases 2O2d ST. Lots

David Stewart leased for the Van
Beuren estate eight lots on the north
side of West 202d Street, 100 feet west
0f ninth Avenue, 100x200 running thru
TO West 203d Street, to H. J. Butler
& Brother. lumber merchants
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07

The New York Title and Mortgage
Company has lent $250,0oo on the
twelve-story mercantile building of the
Jatison Construction Company Julius
Tisham & Sons), at Is East Thirty
second Street.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Flat in lIOth Street Sold

Salamon NJ .Unger sold to Isidore
Tirnauer $3.50 East 10th Street,
six-stcrw store tenement, 41xl0o.lI.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Toronto
HOLIDAYS This Week

Wednesday. August 10--In Ecuador
National lndependence).
Saturday. August 13-In Philippine
Islands Occupation Day).
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Broker in Amsterdam Av. Deal

Frank B. Haubert, of Edward c. H.
Vogler, was the broker in the sale of
1888 Amsterdam Avenue, recently re-
ported sold BIZ Therese Gildea to the
Baltic Holding CORPORATION.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Business Troubles


The following petition in bankruptcy was
Med yesterday in the United States District
Court:
L. L. PHILBROOK TEN CENT Co.
Involuntary Novelties. 143 South Fourth
Street. Mt. Vernon. n. Y Liabilities more
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
New York Clearing House Banks

Of
with all changes 'front.' precedi
Changes
VAULTS State banks and
$4,000
Time deposits
Circulation 31,50O00
Aggregate 4ss62o0o0
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-07
Grain Prices
Wheat

Yesterdays Previous Year
New York: close. close ago
No. ? hard. sl.ss sl33N ~
Chicago--The range of prices.
Open. High. Low. Close. close
Sept. hlSla 1.20N lib ltSX l1sia
Dec. 1.21A 1879 1914 122% l.22
Corn
Yesterdays Previous Year
New York: close close. ago
NO 49,. 2 yellow $3.50 so.7sh sl.7sA
September. .56% 5sH l47
Decembcr..... 56H ST 1871
Oats
Yesterdays Previous Year
New York: close close ago
no. . waite. .$oS6H $o.48 sl.02
september So. .36& 1914 .7s%
December. .3g% s9h .71L
Yesterdays Previous Year
New York close. close aro
No West. 10 b. $121 s12a s2.s2H
Flour and Meal
Yesterdays Previous Tear
New York: close. close ago.
Crnmll sah g::o5 1.s2h02.o5 1900 400
Rye. 7.75Q765 7.25@7,s5 11.0oep1i.50
Bran. 24oo 24.oo $500