davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-02-06
Prices Firrner.
Trade Dull ON
Stock Market
Activity i'm Mexican Bonds
Only Feature i'm the Short
Session; Covering Forms
Support for Small Gains

Scattered covering of short contracts
by traders and buying of Mexican
securities on reports that the Mexican
government had called upon promi-
| nent New York banker to assist in re-
storing Mexico's impaired credit stand
ing IN the markets of the world inject
ed an element of interest into what
Would have otherwise been an extreme
ly dull market session even for q Sat-
urday. At that the market was exceed
ingly dull and professional, with trad
ing proceeding at an extremely slow
pace.
Generally speaking, the market ex-
| hibited underlying tirmness, and the
majority of stocks closed with net
gains, tendency that was easily ex-
planned by repurchases for the short
account by professional traders who
desired to even up for over Sunday.
The buying movement in the Reading
! issues made further progress, with the
second preferred stock showing the
greatest degree of strength. Indus
trial specialties like American Woolen,
| Iron Products, American Hide and
Leather preferred, Pierce Arrow and
United States Food Products advanced
easily on light dealings.
The swift ascent in Mexican railroad
stocks and Mexican government bonds
followed publication of report from
Mexico City that the Obregon govern
ment had asked advice from Wall
Street bankers in rehabiltating its
foreign debts. 1t is not believed in
! responsible quarters that any direct
action toward a resumption of interest
payments on the Mexican debt will be,
undertaken until the United States
government has recognized the new
regime at Mexico City, but the out
look is viewed hopefully nevertheless
The Mexican government As and IS
were actively traded in at the ex-
change, advancing 13s and 2% points
respectively, while National Railways
Of Mexico preferred stocks we're both
strong. Shares of American companies
operating in Mexico were also favor
ably affected, notably Mexican Pc
troleum.
The weekly statement of the Federal
Reserve Bank of New York, disclosing
little change in the ratio of reserves to
combined deposit and note liabilities,
showed that the pressure Of credit de,
mands at this center had made neces-
sary increased borrowings by member
banks at the central institution. The
expansion in this item amounted to
approximately S35,000,000. Loans and
deposits of New York Clearing House
banks revealed comparatively little
change. although surplus reserves were
higher.
New-York tribune., 1921-02-06
N. Y. Reserve Bank
Ratio Is Slightly
Lower This Week
Increase in Rediscounts for
Member Banks Offsets
Gain in Gold Reserve, Ac-
cording TO Statemen t

The pressure of industrial and COM
mcrcial credit demands upon lending
institutions in this district resulted
last week in an expansion in the bor-
rowings Of member banks at the Fed
eral Reserve Bank of New York, ac-
cording to the weekly statement issued
yesterday. The member banks in
creased their borrowings against gov
ernment war obligations from $414,-
O13,000 to S424 4725, ,92O, and their bor-
rowings against other forms of paper
from $494 1913, 600 to $520,290,1 ,143, the
total increase amounting to approx
mately $35,O00,o00.
The ratio of total reserves to deposits
and Federal Reserve note liabilities
combined stood at 1871 per cent at the
close of the week, compared with 1873
the week before. The bank gained
slightly in the gold settlement fund at
Washington, although the net gain in
gold reserves was less than $1,000 900.
Continuing the movement begun the
week before the local institution sold
large part of its bills bought in the
open market to institutions in the in
terror, this item being reduced from
$28, ,436, 900 to $9,S81 1889 A year ago
bills bought in the open market ag-
gregated S196,876,000.
Federal Reserve notes of the New
York bank in actual circulation in
New-York tribune., 1921-02-06
ID. & R. C.. Directors
Asked 10 Prevent
Stockholders Loss
Counsel Says Proper Defense
Was Not Made>in First An.
thorization of Road'sSaIe
Points TO Court Decision

In their efforts to prevent consr,.
tion OF the sale Of the Denver p;s
Grande to Western Pacific Railroad ~ ~.
terests at minimum price Of IS .OG0 mn
stockholders of the Denver con7na,,' rDD
through their counsel, Arthur NJ Wicis'
wire, have addressed a letter IN ~
directors charging that proper Il.
fense was not set up when the De-.
first authorizing the sale Of the ' nra,,
erty was obtained last October. In r.
communication, which was made nnbi;o
yesterday, Mr.. Wickwire requests H..
the Denver directors institute Ies,ai
proceedings in order to prevent r.
wiping out of the stockholders inyest-
ment.
Counsel for the stockholders CHARGED
that the provision in the Western PIT
ficis first mortgage bond issue. wo,rb
demanded that the Denver COMPANY
guarantee the interest on those bonds
in the two companies and the Missnrr;
Pacific Railroad. 1t was the failure of
the Denver road to maintain the in
terest on the bonds that resulted in 10
S38,000,0O0 judgment that was syb.
sequently awarded the Western Pacisc
interests and finally brought abou+ tto
sale Of the road to satisfy that iudp-
ment
"The sweeping decision of the sp-
preme Court of the United States irs+
rendered against interlocking direc'
torates in the Anaconda Copp7r case y
declared Mr.. Wickwire, "fullv sugtains
the principles for which the Denver 4
RIO Grande stockholders are contend.
ing"
He charges that during the last few
months directors and officers of the
Denver road have been mute and i'm
movable while death blow was being
dealt to the company They have So
pinely allowed properties Of enormous
value, doubtless worth over S80.00O. .O0o
to be sold at. the absurd price Of
$5,ooO,000 under defective and unintel-
llgible notices of sale, whereby .ree
assets worth millions Of dollars wer.
not revealed; and they would have
permitted the confirmation of this sale
months ago but for the opposition Of
the stockholders protective commit
tee"
New-York tribune., 1921-02-06
Retailers More Watchful

One of the phases of the readjust-
ment period in business is the greater
number of retailers who are coming
into closer contact with their sources
of supply by actual visits to the whole
sale markets.
Buyers in greater number than a
year ago have visited the wholesale dis
tricts of New York, Chicago, St. Louis
and other large distrbutive centers in
the last month, yet their total of pur-
chases has been small compared to
former years. Among the visiting buy
ers are some of the smaller retailers
who formerly depended almost wholly
upon the travelling statesmen. In the
uncertainties of the present these men
prefer to establish frst-hand connec-
tion with the market. to browse around
among the sellers and to find out, if
possible, the exact status of trade.
New-York tribune., 1921-02-06
Clearing Liberty Bonds

The announcement by Samuel F.
STREET, president of the Stock Exchange
Clearing Corporation, at the annual di-
ner of the Association of Stock Elk
change Firms on Friday night that Lib
erty bonds will be cleared by the cor
poration on and after February Is
aroused much interest in brokerage and
banking circles yesterday. This step,
it was pointed out, will not only do
away with much technical detail in
volved in present practice, but will OBJ
viate the necessity of carrying the
bonds through the streets during the
day, with the consequent danger of rob-
berries. 1t has been estimated that
thefts of Liberty bonds in the financial
district during the last few years have
aggregated well over $l00O,000. The
Stock Clearing Corporation is expected
to begin the clearing of loans in the
in the near future in addition to clear
ing stock balances
New-York tribune., 1921-02-06
Dividends Reflect SInr11n


FALL RIVER, Mass, Feb. 5.-Divi-
dends by the textile mills in this city
during the first quarter of the mill
year of 1920'21 show a reduction
nearly to pre-war figures, according to
a semi-official tabulation made public
to-day.
a total of s936,15o was paid out dur
ing the quarter just ended on a capi-
talization of $37.760,000, an average of
2.479 plus per cent. This is the lowest
percentage since late in 1915, when war
orders Instituted period of prosperity
never before experienced in the textile
Industry. A statement accompanying
the tabulation says it is acknowledged
that the mills have net earned their
dividends during the quarter and that
these have been declared and paid out
Of accumulated earnings since the war
New-York tribune., 1921-02-06
WHY'S, Corporation Committee

A protective committee for the first
preferred stockholders of the WHY'S
Corporation has been formed with the
Columbia Trust Company as the chief
depository The sub-depositories are
the First National Bank of Boston, the
the Central Trust Company of Illinois
and the Girard Trust Company of
Philadelphia. The members of the com
mittee are Howard Bayne, chairman;
H. N. Bethel, Stedman Butterick,
Thomas B. Gannett, Robert E. Hunter,
Leclanche Moen, Robert L. Mont
gomery, Joseph P. Cotton, counsel, and
Willard c. Mason, secretary. It is
understood that other protective com
mittees will be formed. The WHY'S
Corporation was organized by John n.
Wlll US and associates in 1917 to acquire
tho business of the Auto Lite Company.
the New Process Gear Corporation and
the Duesenberg Motors Corporation
The company also owns 27 per cent
o. the stock of the Willy-Overland
Company. and stock of the Fiske and
Federal Rubber companies. There are
outstanding 4,450,000 shares of no par
value common stock, 100000 first
preferred and $10,000,000 second pre-
ferred.
New-York tribune., 1921-02-06
To Boost Communication Fare

WASHINGTON, Feb. 5.-Illinois rail-
roads filed a brief to-day with the In
terstate Commerce Commission asking
that state Communication fares and ex-
cursion rates be advanced 20 per cent,
to the present level of interstate rates.
The carriers said that if the present
rate of 2.3 cents a mile was continued
they would lose 81. 295 900 annually.
The state commission, in its brief.
said there was no discrimination
against interstate commerce. and that
this class of state fares does not come
under the jurisdiction of the Federal
comm jSsjon
New-York tribune., 1921-02-06

creased from $787,746,ooo to s7se,491,-
$50 last week.
Owing to the fact that the Federal
Reserve Board will issue, as usual, on
Saturday, February ~, Lincoln's Birth
day, its consolidated statement show
ing the condition of the Federal Re-
serve system, the Federal Reserve
Bank of New York will issue it's week
Iy statement of condition on the same
day. These statements will be avail
able at noon on Saturday next.
Comparatively small changes were
New-York tribune., 1921-02-06
Cutting Wages in Oil Fields

The cost of developing oil properties
is coming down. One of the largest
operating companies in Oklahoma sent
last week to its field superintendent in
Oklahoma and Kansas a revised sched
ule of wages for field operatives which
shows cut all along the line. The
drllllng crews have. been hit the hard
est but the average reduction is in
proportion to the recent cuts in the
prlce OF crude oil. A general reduction
in wages throughout the OkIahona
field is looked for to corresnond zvi+i
the reduction in the market price Of
the crude products.
New-York tribune., 1921-02-06
In W all Street
Governor Harding Hopeful

Governor w. P. G. Harding, of the
Federal Reserve Board at Washington,
visited the Federal Reserve Bank of
New York yesterday. When Governor
Harding was asked what he thought
of the credit situation he replied that
he was hopeful and believed that the
crisis had been passed. Referring to
the tight money situation at this cen
ter in particular, Governor Harding
said too much stress had Leen laid
upon the showing of the New York
Reserve Bank and that this IS large
country and it's banking position
should be viewed as a whole, rather
than in part, in order to get the proper
perspective.
New-York tribune., 1921-02-06
American Sugar Refining

Directors of the American Sugar Re
fning Company are scheduled to meet
this coming Wednesday for dividend
action. In view of the sugar price war
now under way and the understanding
that the company has been compelled to
make heavy write-offs against inven-
tories, more than usual interest at
taches to the Forthcoming session of
the board. Dividends have been paid oD
the common stock since the organiza-
tion of the company in 1891, the rate at
no time being lower than 612 per cent,
which was paid in 1900. In 1893 % per
cent was paid. The present rate is 7
per cent. An extra dividend of l Y per
cent was declared in 1918 and one of
per cent in 1919.
New-York tribune., 1921-02-06
The Dollar i'm Foreign Exchange

Exchange rates on London and the
principal capitals of Europe moved in
extremely erratic fashion in the Ameri-
can market last week. The conflict of
sentiment regarding the German repa-
rations agreement checked the recovery
which had been so pronounced the pre-
vious week, and rates generally sagged
off, with sterling closing several cents
under the high reached on the current
movement. High money rates at this
center also were factor in causing
some unsettlement in the exchanges.
If you calculate the cost of the dol
lar in terms of foreign money or cur
rent exchange values-that is, if you
were buying dollar with pounds,
marks or francs-its value at the close
OF last week, compared with year ago,
follows:
New-York tribune., 1921-02-06
Eastman Kodak Strong

len shares of Eastman Kodak COM
mon stock sold at the exchange a,s ves-
terday at $500, an advance Of SIX q
share. This followed an advance Of s25
a share the day before. The stock is
moving up in response to buying, based
upon belief that the Supreme Court
decision ordering the company to dis
pose of some of its properties will re-
sult IN melon for the stnckhnldnrs
New-York tribune., 1921-02-06
San Francisco Gold Arrival

- Advices have been received from San
Francisco of the arrival there of Chi
nese bars shipped from Shanghai, val
ued at $4,000, for account of the For
eign Credit Corporation. This gold.
the first of several shipments engaged
arrived at Vancouver.
New-York tribune., 1921-02-06
Seeks to Recover S326.775

BOSTON, Feb. 5.-~The Schuchman
Chocolate Corporation Of New Jersey
to-day filed bill of complaint in the
Federal court seeking to recover $780,
775 from a score of individuals and
corporations connected with or sub
sdiary to the Continental Sugar
Products Corporation. Reputation of
a contract for the manufacture of
cocoa powder was alleged.
New-York tribune., 1921-02-06
Inyincible Oil Financing

The question of providing funds for
meeting early maturities of the Invin-
chile Oil Corporation will be presented
to stockholders at a meeting of stock
holders this week. 1t is understood
that new financing will be recommend
ed in the form of 8 per cent convertible
notes and to the amount of approx
mately S3,000,0OO. Of this, S2,0O0,0O0
could be used to meet the per cent
note issue coming due next month and
the balance as additional working cant
tai.
New-York tribune., 1921-02-06
Anaconda's January Outnut

An illustration of the retrenchment
policy put into effect by the leading
copper producers because of the dras.
tic decline in the demand for the metal
is found in the January production
figures of the Anaconda mines. Out
rut for the first month of 1921 was
only 100000 pounds, contrasted with
100000 pounds for the correspond
ing month year ago. The output for
december was 10.500000 pounds, and
for November 100000 pounds.
New-York tribune., 1921-02-06
Paris Market Steady

PARIS, Feb. 5.-Prices were steady
on the Bourse to-day Three per cent
rentes, % francs 70 centimes. Exchange
on London, "a francs rs centimes. Five
per cent loan, 83 francs 95 centirnes
Inc dollar was quoted at ID francs "a
New-York tribune., 1921-02-06
Manhattan Shirt Dividend

The board of directors of the Man
haitian Shirt Company has declared
the regular quarterly dividend Of
43& cents share on the common
stock, payable March l to stockhold-
ers of record FehrnarV IL
New-York tribune., 1921-02-06

disclosed in the weekly statement of
the New York Clearing House banks.
Loans and discounts expanded $685.
600, while net demand deposits in
creased $868,0O0 Surplus reserves in
creased $6.221 800 to $15.O97. .O7O
New-York tribune., 1921-02-06
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there were
no transactions yesterday:
New-York tribune., 1921-02-06
Silver Market

Silver-London, 36Ad. New York {:
Domestic, 99hc; foreign, Coo; Mexican
dollars, 45%c.
New-York tribune., 1921-02-06
London Money Market

LONDON, Feb. Bar silver, 36Ad
per ounce; bar gold, 1O6s Cd; money,
8 per cent. Discount rates-Short and
three months bills, 65s per cent. Gold
premiums at Lisbon, 140.
New-York tribune., 1921-02-06

Leon, Tabasco, Guerrero, Sonora, Hi
dalgo, Zacatecas and Mexico open their
doors.
Secretary of the Treasury de la
Huerta announced yesterday. that the
various banks affected by Thursday
nights decree held government obliga-
tions totalling 55,000,0o0 pesos. He
asserted all these obligations would be
redeemed, partly in gold and partly in
government notes
New-York tribune., 1921-02-06
Stocks Elk Dividend
Per Cent

i!ate Company. Per Cant
Yep Am Smelt Ref pf.. );
FeD I9-Am Sunlatra Tobacco pf AZ
rep IO-Am Tobacco Co scrip. ..... z ~
rtn " do temporary B...... 2
Feb I lI-Associated d Corp 1st pf. :. TX
rep rep IL do % pf. ................ / =
Feb t,et lloo~Buffalo. Roch & Pitts r.. .
FEB l0-Cleve & Pitts r r Co gtd II
rep ~ do special gtd d....... u
Feb Cons Cigar Corp pf.... -
Tep IONS Gas Co of N Y...... y
feb 16--Deere q Co of -
rep ll--Detroit United ARy...... >
rep !4-Gen Asphalt Co pf.... IL
Feb 16--Hartrnan Corn =
Ieo lU-lnt Harvester Co pr .... -
Ftn ID eterson & Clearfield c & l pf ~
rep l5-Lee Rubber & Tire Corp y
rep l3~-Liggett & Myers Tob Co. z %
Feb Ia do series = '-''
Feb 15--Manati Sugar %
Feb 15--Martin- Perry Corn n
r reo may Dept Stores Co...... 2
rep rep Nat Biscuit Co pf....... Ia
rep 0-Philadelphia Co 8 p c pf f IL
rep l3-Pittsburgh Steel Co..... IE
Feo io--Porto Rican-Am Tob scrip.
rep lo--Pressed Steel Car Co.....
19S - ~ w " ......-.-. q
~ NJ lure On Co. .,,...-...........
FEB i5--Stern Bros pf. f.......,... Az
rep lO-Studebaker Corp ......, s.
Feb 10 do pf ....... a.
Feb Feb lo-united Gig Stores Corp OF Am. {,
rep io--united Drug Co 2d pf ... III
rep rep d--nulcan DEFINING Co pc scrip. q
Feb 1o-Woolworth. II w. Coz.
New-York tribune., 1921-02-06
RId Asked

ked Rid Asked
81 Lacledo Gas. -. 40 a
lS& Laile E & W. l2ls lsA
g Llsg & N T l43 las
10 40 pr ,....I05 llo
80 L-W b lst 1T a57s ~
AZ 10 "a pr q6L, 1Ij
80 Lorinard P ..ls8 i$S
so do pr .....Ih4 III
81 Mackay Goa. o.. So 81
do pr ..... 81 IS
80 Manati Sugar 7s 90
59& do pr ..-.. 90 "a
81 nanhat Beach u 2A
2lA Mar Rockwell Q III
"a Mat Al W. *
81 Max VI ID pr 3
% Nay De st pr IS
80 Mex Pet pr. 90 1no
DS Mich Central q0 10S
30 MSP& S s VI 20 II
gu DO pr ..... go "a
96 !, Mont Power. . So 81
2Sh do pr .... "a as1s
- Norris 81 Es, c5 IN
Mullins BY pr 20
3 Nash & Chat.lO2 Il0
53 Nat Biscuit. .l05 l07
80 do pr ....Il5 nsH
~ IS1k a a. - Y ). 80 50
vat ' Fn pr - 20 II
IL do nv NJ " = on Q!
51i1A AIXat Tnsa r VS. e5
70 IN O r | pI : 80 = lg4
"a In Y A. NJ .ys
! In y ~ Ajt n pE F. 10
AZ do Is, : l. 527s ~
no do % ~ 80 90 99
* In Y ~ ~, pr. % 81
% % 49, DOeN pr a. = 45&
90 90 \,o-s VIZ. ok 80 .. l01s u
w Nh ~ q w pr 65 6S
~ ~ ~ ocu,la 81 - 81
80 oio Cnio = Vel o.. y 50
- OK Prod & L "a ;
90 90 Ills 0lLS steel pr. IS 30
- O"ens Bot NJ 90 -
40 p.3e 40 pr .... 100
Gu 60 @i-HG I coast. 20 20
:? Y 40 ISL pr -. 60 1D0
a. Iacl1e Mail. IS I6
90 "a, l &c iel * /. 81 ~
~ z aflsh 4 Bing l4ls IS
~ pe et'.5 ! = pr. - IS
Z Peoria & e 10 J.
w FcTe Mar pr. 3i 81
9! 90 prior pr. ~ 56ig
80 fotu Multi. 3@A. G.ss
46 DO lSt pr. ~ 1l5
66 P3erce Ar pr. y SO
50 Plerce Oil pr AK -
Y Pltts Coal pr. S5i 80
so Puts Steel pr. 81 S.
IS ? & w Va Or IS 7%
80 ny St spr fr.lo4 =, iSi iiSi
W. Hem Type ..... - SO
90 DO lst pr. So
oa do "a pr. s.
~ rensselaer, lot
VI Savage Arms. l78 LA
20 Seab 4 I pr 9 Il
AfSO ~ 4uN = ~
so SAst Arlz IS s
IS > x ] pr 20 s.
= > Z II Sugar % So
50 90 pr ...l04 le6
20 standard Mil l05 Iio
0S 90 pr ..-.. I51s 81
3 lEaeaskor pr. NS ~
80 sup Steel - ~
Sla DO pr ....- SO Ss'9
2S 7 Il p Id tr 207 2le
a6 rltieWete- Oh ifi III
% Iob Prod pr. S5 So
81 '1'SL ~ rs cts E
sax do pr ctfs. l6 .u
Is r~srs ~ W ) sois ~
6S Underwood I. $50 40
l0}9 -lu or ..-..l02 let
New-York tribune., 1921-02-06
Bid. Asked

Bid. Asked.
Adams Exp. 30 81
ADV Rumely.. II 1874
do pr .... 40 81
Al CHAIN pr 7S So
Am Ag Ch pr. IS 76
Am Bnk Note 47 so
do pr ..... A 4S
Am Beet S pr "A so
a B S & Fly, Asa so
do pr ..... SO 81
A c & + pr. r.l13
Am Express. .125 133
Am Ice Sc pr SIX 59A
A Linseed pr, sS SO
Am Malt & C 20& 2lA
Am Smelt pr. S2&4 "a
do pr A.. G51z 67
Am Snuf go. 96 lo3
do pr .... IS 50
Am Sugar pr. 105A 1oS
SsTn IT mr. Ss an
A., IN, tn, ~, q % 60 SV
An, An Woo, NJ " nr Q * 9S16 @
Am Zinc pr. q q 2SA
Ann Arbor e. 1874
.seets RI 70 -! 2
n n "a mr. 40 "a
y 80 - = on ~ "a dS1k 90
,tsSo atio,,o "ii po, ose 1o00 ~
a aG c:'iS.'4 =. v, 4ei ~. 80 I91A W. G91b
a. 20 t" esi.s ~ p ~ = .
10 w I011 *
pei5 iJ = loo ny az 16j1A
Rarnatt Lea 25 20
do nr II 90
3 Bats0iI"S s ! PC N,r pr 90 Is a5 !
Bkn Edison 81 100
Blen l Tn Gas Il *
Brown Sh mr. 70 81
purme Rre mr. 100 lI0
P1Inswicy ne ~ a..
80 -, e,''D y 4eH 3. y 20 20 ~ "a
puit N * % 80
r 40 pF s. 20 20 oo
huiI q SuS' - 90 90
90 pr - 81, ~ ~ ~
"a, ~ fet , pr "a 40 40
Csse ! I mr. 81 S5H
Cortainteed 40 a.
do ist pr. 7SA IS
Chi & Alton. 7E 81
do Dr 10 90
C & e nj. 8
G & \ W pr 'jO6 los
c 3 p NJ o 5S 81
do nr 95
q @ q & 9 7. a. az
do nr so az
Clne++ peah ,,r S5 ga
r n a.. a. oS 10
- :. 6 -. ~ 40 40 t t0
- > -. ~ 20 ~ ~
Coi ' crarb "a nr 81 az
con % G,gor. ~ ~, ~ "a an
cont Gsn mr. - OH 9S1l
to,,t Coot IAN Tn1 Go p1' 81 "a ~ ee &c q
Con ' TaY,,,e r.. 10 ~ "
~, So - 80 ~ S91k On
Pi -. Y
New-York tribune., 1921-02-06
Transactions Yesterday i'm Listed Stocks
Summary of Stock Exchange Dealings

Copyright 1921, New York Tribune
Socks
Omaha daily bee., 1921-08-22
Man Sells Theaters
To Enter Ministry

Chicago Tribune Omaha Bee Leased Wire.
Syracuse, N. Y, Aug. 2l-Arthur
b. Merriman, owner and manager
OF the Arcadia, Alcazar and Frank
lin theaters here, has disposed of
all three play houses and annouanced
he will study for the Episcopal min
istry.
Merriman says the screens preach
their silent sermons every day, but
he does not believe they are reach
ing as many people as possible. The
screen sermons cried out to him to
speak for them, he says.
When youth, Merriman says, he
wanted to enter the ministry, but
lacked funds. He had graduated
from college, but instead Of prepar-
ing to become a divinity student, he
gave up his plans on the advice of
friends. He came here 10 years ago
and entered the motion picture field.
Omaha daily bee., 1921-08-22
1916 Diary Reveals N. Y.
Had Snow-Bound Summer

Naples, N. Y, Aug. 2l.--Perhaps
if the citizen OF today had been on
earth in the year 1916, especially in
the summer of that period, he would
not be peeved so easily over sud.
den rise in the temperature. 1t has
been revealed in a diary which was
handed down from an earlier gen.
Grafton to John P. Coons, who re-
Gently died here, that the summer of
1916 was one OF "ice and desola-
ton"
In June of this year, reads the
diary, ice half inch thick formed on
the streams in Ontario county and
snow to a depth of three inches was
recorded. The crops were destroyed
and people wore heavy winter cloth
ing. In the home CRATES and ye old
iron stoves brightly burned the one,
two and three feet cut oak and
hickory logs to keep the cold out.
There was much suffering. So Sc
we're was the frost that the efforts OF
farmers to raise crops were futile
The remaining left over" from the
1915 corn crops brought S. bush
el, Breadstuffs were prohibitive in
price.
The "cold and ICY weather con-
tinued more or less. until September
of 1916, says the diary, which also
makes known that the people "imag-
ined that the heat of the sun had be-
come exhausted"