davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-05-21
Martial Law
Declared LIN
Mirnggo County

reorganization of the state forces. II
has, however, department of public
safety with about 80 officers and men
Many of these are now on duty in the
Mingo coal fields, and upon them will
fall the greater part of the work at
tending the enforcement of the Gov
ernor's proclamation.
Concurrent with Governor inorganic
proclamation, official announcement
was made here of a summons addressed
to Colonel Jackson Arnold, superin-
tendent of the state police, by Sheriff
Plnson Of Mingo County, calling upon
him to command the services of public
officers and citizens in the county to
help in the restoration of law and
o:aH1f."
The summons was issued under an
act passed at special session of the
legislature in 1919, authorizing the
Sheriff to call not only officers but all
able-bodied citizens 20 the aid of the
county authorities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-05-21
Volunteers Armed

WILLIAMSON, w. Va, May 20
Many citizens who were sworn in as
state policemen to act in an emer.
gency, were issued arms during the
day. The supply of rifles, shipped in
by the state, was expected to be ex-
hausted soon. Residents from all
parts of the county appeared at claw
and order meeting held tonight
The village of Merrimac, w. Va,
was fired on during the day from the
Kentucky hills. Only few shots were
directed into the town. Several work
men,. employed in repairing a motor
at the White Star Mining Company
were in the line of fire. They took to
the mountains.
Major Ike Wilder, commanding the
Kentucky National Guardsmen, who are
patrolling the west side of Tug River,
said he had been unable to verify
many rumors afoat in Williamson that
firing rom the Kentucky. hills in the
vicinity of Nolan had been~ going on.
Other points on the Kentucky bank,
he said, were quiet.
There vas rumor that an uniden-
titled negro had been wounded near the
Lick Creek tent colony early in the
day, but the report, Captain Brockus
said, had not been verified by his men
in that section.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-05-21


mitted that it was not hot weather
twenty-five weeks cut OF the year.
The story of the Parquet Flooring
Association, the central body compris-
ms the hardwood flooring associations
of the Bronx, Manhattan and Brooklyn.
was told by William G. Reid, its presi-
dent, flooring contractor and member
OF the board of governors of the Build
ing Trades Employers Association.
Mr.. Reid said thai the price of flooring
had increased $400 per cent since 1915,
the largest increases coming in the
fall of 1919. He intimated that prices
in the industry we're usually uniform
and that this Standardization" was re-
sponsible for the increase. The jumps
in price, he added, were in nearly every
case practically simultaneous
DO you think that putting some of
the men responsible for this condition
behind the bars would have any eff
fect?" asked Mr.. untermyer
They might continue their practices
in. jail" replied Reid.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-05-21
Decorates Sarah Bernhardt

MADRID, May 2o.-Sarah Bernhard
to-day was decorated with the Cross ri
Alfonso XII. King Alfonso will re-
ceive Nine. Bernhard when he returns
to Madrid from Malaga.
The New York herald., 1921-01-20
RAILROAD MATERIAL
EXPORTS ARE STEADY

New export tonnage OF steel. al
though not particularly heavy. is steady
and Some good contracts are being
closed. especially in railroad materials.
according to weekly reviews of the in
dustry Argentina has ordered 1000
tons of 75 pound rails and 10000 car
wheels and the South Manchurian Rail-
way has closed for $3.50 tons OF 100
pound rails. Finland 10 said to be nego-
tiating for an important order of rail-
way supplies, and the Canadian Ma
tionai Railways is in the market for
5000 freight cars.
Nothing to indicate a rejuvenation
of general buying interest is to be found
in the iron and steel situation" says the
Iron Trade RerieU. Industrial con-
sumption OF iron and steel continues
light. In some lines. such as tubular
material. good tonnages continue to be
placed.
'Tt Is expected the Iron Age says,
that certain independent mills. which
have operated at lower percentage OF
capacity than others since the first OF
the year. will have enough orders to
make a better run for fortnight. which
in turn will be followed by another quiet
period. Neither from jobbers nor from
manufacturing consumers are orders
coming indicating more than perfume
tory filing In. pending real develop
ments on the price problem"
The New York herald., 1921-01-20
ARMOUR & co. SHOW /.
NET PROFIT IN 1920
Drew on Reserve Accumulated
by Foreign Connections,
Says President.

Only by drawing on reserves accumu-
lated by their foreign connections were
Armour & Co enabled to show a net
profit as a result OF their 1920 opera
tons. according to the annual report
Of J. Ogden Armour. president OF the
company. which he presented at yes
terday's annual meeting OF it's stock
holders.
The report discloses that although
the cornpany's total sales approxinated
5000. 900. 900 for the fiscal year 1920,
that portion of them which represented
sales in and exports from this country
resulted in losses aggregating many
millions of dollars. In view OF those
losses the company found II necessary
to draw on reserves of their foreign
connections to show a net profit OF $5,-
319,975.44. That net income represents
"A per cert. return on the company's
average net capital investment of $751;
100000. The surplus as OF October 30
was ss0.711.494.
"The falling market during the last
year" Mr.. Armour said, "made profits
almost impossible. The public had re-
fused to buy until price yeductions were
made. and profitable prices on perish
able products could not be obtained
under such clrcumstances.
Never was the Importance OF con-
sumptive demand upon prices better
illustrated. Receipts at the principal
stockyards were not quite up to normal.
but despite prices that were too low to
suit producers and despite the best
efforts on the part of the packers to
make a profit our business IN this coun-
try was conducted at loss"
The New York herald., 1921-01-20
COMPANY TO LAUNCH
I22D SHIP SATURDAY
American International viii
Quit Hog Island.

The American International Ship
building Corporation will launch its
one hundred and twenty-second ship on
saturday. Probably by February l the
company will deliver Hog Island to the
United states Government. winding up
its connection with the worlds largest
shipbuilding plant
The ship to be launched Is the United
States Army transport Aisne. built for
the Shipping Board. Representatives of
the board. the Emergency Fleet Corpo-
ration. the Army and the Navy. and
many shipping men from New York are
expected to attend the ceremony.
Officials of the corporation say that
they do not know what the Government
will do with the plant 1t has been
advertised for sale but all bids for II
have been rejected. The corporation has
1.S00 men employed at the plant. In con-
trast to 36.250 last February. but will
reduce its force to about 500. most of
them watchmen. after the Aisne shall
have been launched.
The yard is being used as berthing
place for vessels OF the Shipping Board.
The New York herald., 1921-01-20
DIVIDEND DECLARED
ON GOODRICH PED.
Earnings Partly Used in Re-
ducing Inventories.

The directors of the B. +. Goodrich
Company at their meeting in this
city yesterday declared a dividend OF
3h per cent on the preferred stock,
payable in equal instalments on April J
to stock of record March 22. and July
to stock OF record June 2f. The board
In April will take action on the May
dividend.
The company's audit of accounts for
the calendar year has not yet been
made. but it was said that the general
result indicates that earnings will be
partly consumed in writing down In
ventories of raw materials on hand to a
fair market value. Net sales were APP
proximateiy $3.50. 900. 900.
The board decided to retire 1880
shares of preferred stock prior to July l..
In accordance with charter require
ments. subject to the approval of the
plan by the stockholders at their annual
meeting i'm April. They voted also to
set up out of surplus reserve of $lO,-
100000 to provide for all possible con-
tingent losses on raw material commit
ments.
The resignation OF A. B. Jones Of the
executive committee was accepted.
The New York herald., 1921-01-20
SAYINGS ACCOUNTS
GAIN $2O7,9t9,694
50 Banks in Five Boroughs
Show an Increase in
Depositors Also.

Small savers OF New York city In
1920 added s2o7,s1s.ss477 to their saw
ings in fifty-eight of the ffty-nine saw
ings banks in the Ave boroughs. accord
hg to figures issued yesterday by the
savings Bank Association of the State
of New York This includes figures on
the fifty-ninth bank up to July l only.
The total amount due depositors. In
eluding dividends credited, In these
banks December 81. 1920. was S1.S32,-
13e.s34.o2. as against s1.624.21S.l3s.25
due December a. 1919.
Resources of the hfty-eight savings
banks Increased in 1920 from sl,'Ss.-
7s6.174.37 to s2.025.550. 0.574.64, total
Of s265,7s4.4O0.27, or Is per cent. The
number of depositors increased from
2.451,14S to 2.559.S4o. a gain of 1oS,692.
or "a per cent.
| The greatest all around gains were
made in The Bronx. where the amount
due depositors. including dividends. in
creased $14.050.376.99, or asa per cent,
while the number of depositors Increased
from so.i64 10 ss.241. a gain OF 1s.l per
cent.
Queens county was second. the
amounts due depositors. including olVi-
dends credited, Increased from $3o.SoS.-
0s452 to s3TT33.45o. gain OF 23-3 per
ent.. while 6.S03 people started new ac-
counts.
! Aggregate savings in Manhattan IN
creased from s1,12S. .493. .s78.64 to 81,
175,56S.43, while the percentage or m
crease in deposits has been only 1o-l per
cent The number of depositors In Man
haitian increased only LIS per cent. there
being on December 81, 1920. total or
1.611674. as against 1,5S7.714 on De-
cember 81. 1919.
Kings and Richmond gained In depos-
its 1874 and 224 per cent. respectively.
and SIS and 9.3 per cent respectively in
number Of depositors.
The New York herald., 1921-01-20
CONSOLIDATED EXCHANGE.

No bait IN demand for General As
phalt and California Petroleum occurred
In yesterdays Consolidated Stock Ex-
change trading. On that buying. said
to represent accumulation by strong
market factors both issues advanced
into new high ground for this move
mont. the former rising 5A to 65% and
the latter "a to sTk. In the balance
OF tho industriais there was substantial
Improvement. numerous active oils. steele
and specialties netting gains OF point
10 four points at the maximum with
moderate recesslons on fnai hour proft
taking Rails made net gains OF 70 2
per cent. at the maximum
Mexican Petroleum rose az 20 1874,
Houston, Z 20 rs Texas and Pacific
Coal and oil. to 32: Transcontinental
Ia 10 11L United States Steel. to 81 I;
Crucibie. 2A TO 100: Republic. IN TO
se&: vansdium. 2N TO t0A Replogie.
~ TO 36h Baldwin Locomotive, TX
TO s2& studebaker, 2% TO 54x Pierce
Arrow. . TO 20 American International,
I to ts&. and Atlantic Gulf. "a. to 74h.
United States Rubber was bid up az
20 7ou Industrial Alcohol. ck 70 7fL I:
stromburg. az 10 t0k United States
Food. 70 2TN Corn Products. 2h 70
7sk; United Fruit, ~ 70 1osX /;
worthington. sis 10 52% Reading. 2x
70 sE; Southern Pacific, ~ 10 ssb
Canadian Paci6c "a TO III; Southern
Railway to 2sr Brooklyn Rapid Tran
sit. IA 70 lax rnterborough Consoli-
dated preferred. ~ TO 15%, and Third
Avenue. 2 10 1874.
The New York herald., 1921-01-20
CONSOLIDATED GAS'S'
OIL BILL Is JUMPED
Makes Con tract With Jersey
Standard at ~ IA Cents
Gallon.


The Standard Oil Company of New
Jersey has concluded with the Consoli-
dated Gas Company contract under
which the latter will purchase in the
first half OF 1921 7O,000.o00 gallons OF
gas oil at 12A cents a gallon. An op-
ton Is given for the purchase of suffi-
Client gas oil to take care of the last
half at the same figure.
The price. believed to be the highest
ever paid by the Consolidated. repre-
sents an Increase of u cents a gallon
over the contract price Of last year. The
Brooklyn Union Gas Company recently
concluded negotiations for the purchase
Of its 1921 needs at approximately the
same figure
II the Consolidated Is compelled to
pay 12H cents for oil for the last six
months 1t will total more than $1,000
900. compared with a little more than
SO 600, 900 I'm 1920.
The New York herald., 1921-01-20
FOREIGN BANKS SCOPE HERE
Large Powers Make Unnecessary
French ReprisaI Laws.

Albert Breton. vice-president OF the
Guaranty Trust Company, said yestcr-
day that the powers of a New York
agency of a foreign bank are broad
and far reaching. instead OF being mar
rowly limited by law. as indicated In
dispatches from Paris relating to the
plan before the French Cha pro-
posing add itional taxes on foreign banks
in France and forbdding such banks
from receiving deposits or participat-
ing In foreign issues except under gov
ernmental authorization.
One reason advanced for the con-
sideration of this proposal. Mr.. Breton
said. is that New York State has law
forbidding agencies OF foreign banking
concerns from accepting deposits. For
cign banks" he said "are freer In con-
ducting their business. as they are not
legally obliged to carry the same
reserves and are not restricted by the
same limitations on loans as are do
mestic banks Practically the only pow
ers lacking in the case of foreign banks
are those of receiving local cash de-
posits."
The New York herald., 1921-01-20
NEW YORK TRUST ELECTS.

New steps In connection with the
forthcoming merger OF the Liberty Ma
tional Bank with the New York Trust
Company were taken yesterday at the
annual meeting of the latter's directors
when three ce-presidents OF the Liberty
wore elected TO similar Offices In the
trust company. retaining at the sanDe
time their old offices. The three chosen
were Ernest Staufen. Jr.. Joseph S.
Maxwell and Sidney w. Noyes. Ray
mond q. Forbes. assistant cashier Of the
Liberty. was elected also an assistant
treasurer of the trust company. New
York Trust officers will be elected to
similar positions with the Liberty at a
meeting TO be held next Thursday.
The New York herald., 1921-01-20
SABIN TURNS DOWN vENNER.
Refuses to show Guaranty Minutes
at Annual Meeting.

Harrison Marshall Robertson was
elected a director of the Guaranty Trust
Company to fill a vacancy. and other
directors were reelected at the stock
holders annual meeting. which was en-
livened by Clarence Fl. Venner. who de-
manded the production of the minutes
of the executive committee and of the
board of directors. together with certain
information regarding the Guaranty
Company OF New York.
Mr.. Sabin. chairman of the meeting,
refused to produce the minutes. stating
that they were Subject to inspection by
the Superintendent OF Banks and also
proper authorities, and that II was in
advisable to make public the Information
contained therein because of its neces-
sarily private nature.
With regard to the Guaranty Company
of New York. Mr. Sabin referred to the
statement sent to stockholders in 1920.
which included information with regard
TO its organization. Copies of this state
ment were circulated among stockhold-
ers at the meeting.
The New York herald., 1921-01-20
CHILEAN RAIL BILL APPROVED.
Minister OF Finance Ccrrespopds
with Bankers Hero on Lcsn.

SANTIAGO, Chile. Jan. 19.--The bill
authorizing the negotiation OF loan Of
approximately s25.000.o0o on behalf of
the State railways. recently passed by
the Chilean Congress. was approved by
the Council OF State to-day.
In a statement relative to the loan
the Minister OF Finance said that he
was corresponding with New York and
European bankers regarding the details
of the undertaking. He said that the
loan would bear not more than per
cent. interest and would be repaid with
Il fund created by the setting aside OF
Is per cent OF the gross revenues Of q
railway concerned.
The New York herald., 1921-01-20
DIVIDENDS PASSED BY TWO.
McCord Manufacturing ana Fed
ernI Motor Shy on Common.

The McCord Manufacturing Company
and the Federal Motor Truck Company y
yesterday passed tho compon dividends
due. The Kellogg Switchboard and
supply Company declared a stock divi-
dend OF 10 per cent.
The McCord company. which makes
automobile accessories and railroad sup
plies. paid 81 a share In October. The
monthly dividend on Federal Motor was
passed at the directors meeting In De-
troit. On October % dividend OF per
cent was declared. payable In monthly
instalments Of I per cent. each in No
vember. December and January The
Kellogg company's stock dividend was
in addition to the regular quarterly
dividend of : per cent
The New York herald., 1921-01-20
PROMOTE SEVERAL OFFICERS.

The following changes In the ofiicisl
staff OF public utility companies under
the management OF Hodenpyl. Hardy a
co. we're announced yesterday: The
Commonwealth Power. Railway and
Light Company and the Northern Ohio
Electric Corporation move Jacob Hekma
from secretary and treasurer 10 vice.
president: q. ". Bourne. from assistant
secretary and assistant treasurer TO
secretary; George Sprague, Jr.. from
assistant secretary and assistant treas
urer to treasurer; IT, q. kessler 10
comptroller. ". r.. Nelson 20 assistent
secretary and o. r. Coleman to assistant
treasurer
The New York herald., 1921-01-20
COPPER EXPORTS DECLINE.
Total for 1920 Falls Below Figure,
for Preceding Year.

Export shipments Of copper IN 1890
amounted TO t7e.121 ess pounds. or ss.s
per cent. OF the refined production OF
the country. according to figures COM
piled by the Copper Export ASSOCIATE ion.
In the preceding year exports were b0s,
10000 pounds. Total production OF re-
fined copper in this country last year
was 1910. 759.4es pounds. or is 900 .o0o
pounds below 1919. and 10000. 900 pounds
under the 1918 production. which broke
all previous records.
Surplus stocks of refined copper jan
uary I. 1870. totalied 7o2, izl.2 "a pounds.
while at the. beginning OF 1921 the estimate
was su .f% pounds.
The New York herald., 1921-01-20
Railroad Wages.

In view OF unsettled railroad condi-
tons and slump IN traffic. railroad execu-
uves express the belief that the Ma
tonal Labor Board viii be called on to
review the wage problem within q very
short time. 81 should not be surprised
10 see a demand for railroad wage re-
said one executive yesterday. The gen
eral opinion appears TO be that the ln-
tlal step will come out OF the South.
probably through the Southern Traffic
League
The New York herald., 1921-01-20
DURAN SUCCEEDS SYLVESTER.
French American BANKING Cor
poration Elects President.

At the annual meeting on Tuesday Of
stockholders OF the French American
Banking Corporation the following di-
rectors were elected: James S. Alex
ander. Paul Boyer. Charles @. Du Bois,
Paul Doran. F. Abbot Goodhue, Maurice
Lewandowski. Edgar Lleweilyn. John r.
Rovensky. Maurice Sylvester, Stan.slas
Simon. Gerard Swope and Daniel @.
Wing.
Paul Dorsn was elected president. sue
ceeding Maurice Sylvester who r.tires
to resume supervision OF the general In
terests OF the Compton National d'Es-
compte de Paris, In the United States
He continues as a member OF the board.
The New York herald., 1921-01-20
BURGLARY INSURANCE GROWS
Claims By Victims I'm 1920 In
creased 3O4 Per Cent. Over 1919.

The recent general increase in crime
Is reflected in the figures for burglary
insurance, according to statement by
the American Surety Company yester-
day. More than 14s per cent more
policies were carried IN 1920 than In
1919. The claims last year totalled
about 304 pcr cent. more than In 1919.
That public officials holding state and
municipal offices requiring bonds were
more honest during 1920 than during
1919 Is apparently indicated by a de-
crease OF % per cent in the number OF
claims for losses and defalcations in
spite OF an Increase in this business. The
company's business Of all classes In
creased is 2-3 per cent over tho total
OF 1919.
The New York herald., 1921-01-20
watching January Figures.

Trafic figures for the FIRST nfteen
Gays Of January are being anticipated
by railroad officials with considerable
anxiety because thcy believe that this
month will record the peak OF the slump.
The few roads which compile reports
from week to week say that the total
for January will show a considerable
deellne IN net from peoAmbex'a total
The New York herald., 1921-01-20
LONDON WOOL MARKET.

LONDON, Jan. 1e.-At to-day's wool
auction sales 1874 bales Of free wool
were offered There was brisk demand
and the bulk OF the offerings were sold
at unchanged prices. Buyers for the
homo trade were tho principal pur-
chasers
The New York herald., 1921-01-20
BUTLER BROTHERS DIVIDEND.

CHICAGO, Jan. 1e.-Butisr Brothers.
Wholesale general merchandise dealers
hero. announced to-day a quarterly divi-
dend Of a. per cent. adding that In
the last quarter Of 1920 they had suf-
fercd a merchandise depreciation loss Of
S7T50,000
The New York herald., 1921-01-20
CUSTOM ROUSE RECEIPTS.

Receipts for duties at the Custom,
House yesterday. were s4S4.bBss7. OF
which s1ss.sss.se was for merchandise
withdrawn from bonded warehouses and
1a16.z1z-Is for rsosnt importatlonA
The New York herald., 1921-01-20
FOREIGN MARKETS.

I,oxpoN, Jan. fo.--Bar silver. Saxd
an ounce. Bar gold. 1oes. Sd. Money.
5H per cent Discount rates: Short
bills, 6d6N per cent. three months
bills. s% per cent. Gold premiums at
Lisbon, f40.
The New York herald., 1921-01-20
FoRM COAL EXPORT COMPANY,

The Warren Coal Company has been
incorporated under Delaware laws, with
w. A. Hartman as chairman Of It's
board and George r.. Warren ss its
president. The Hartman shipping in
tsgssts aak thA 0saxgs n Kaz6n Cam,
The New York herald., 1921-01-20

PANS, Jan. fo.--Prices were heavy
on the Bourse to-day. Three per cent,
rentes. 5sf. s5c.: exchange on London
5of. soc: per cent loan. s5f 2oc.. and
the dollar. ISL s4isc.
The New York herald., 1921-01-20

Mccormick q Faran. uembery of the New
York stock Exchange. have admitted Ad-
olson W. Kelly 10 partnership In that firm.
The New York herald., 1921-01-20
IN. yrn,,ed states Mortenr,

Iouis Levenson has opened offices IN ~
william street, for conducting general
brokerage and Investment business.
The New York herald., 1921-01-20

The Mechanics and Metals National Bank
has boon appointed registrar Of Marlsnd
OIL capital stock.
The New York herald., 1921-01-20
FINANCIAL NOTES.

an interim dividend Of 20 francs n per
cent?. payable on February I. in contrast TO
an interim distribution of - francs a year
40. 600 600 francs. which IL more than 80
per cent OF the banks paid up capital. New
branches Of u have been opened IN Bor-
deaux and Dunkirk Trance).
The New York herald., 1921-01-20

W. @. Langley a Co. are distributing a
detailed circular on Southwestern Power
and Light Company. IN which n n map OF
territory served by the company and It's
subsidiary.
The New York herald., 1921-01-20

An Of the Equitable Trust Company Of
New York's officers have been reappointed
appointed an assistant manager for lis
foreign department.
The New York herald., 1921-01-20

The United States Mortgage and Trust
Company has been appointed fiscal agent
for the payment OF principal and interest
Guiding Miami, Fla. ss75 600: Ercambia
county. Fla, $500. 900; Bergen county. ". j..
$685., 600 and jamestown. ". =. $3.50 0oO
The New York herald., 1921-01-20

@. +. Koth. manaser of the Hartman Ma
tlonsi Bani's foreign department and one OF
its vice-presidents. Will sail to-day on the
Tmperator for Europe to extend its reciprocs
relations with important financial fnstftu-
tions Of larger European cities. Mr. Koth
sgpaofs - Entuxn b. The lui66h - Naxrk