davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-12-04
Italian Welfare League
To Give Dance Saturday
Benefit Supper and Bali Will
Take Place at the Biltmore
Hotel

The Italian Welfare League is CIV
ing benefit supper dance at the Bilt-
more Saturday evening at 10 o'clock.
The league takes care Of any Italian
in need. Its activities include medical
aid for the sick, food and clothing for
needy children, care for the convales-
cent and the aged, employment OBJ
tanned. conditions improved, domestic
difficulties adjusted, interpreting in
court and in hospital, and consulting
bureau for outside organizations.
Tickets may be had from Mrs. s.
Ceribelli, chairman. of 246 West End
Avenue; also Vice Chairman Mrs John
Byron Taylor, Of 1os East Eightieth
Street.
The officers of the league are Nine.
!. Bernardo and Nine. Tritonj, honor
ary presidents; Mrs. Lionello Perera,
president; Miss Marie Frugone. chair
man. Brooklyn office; Mrs. William
Guggenheim, honorary vice-president;
Miss Margherita de Vecchi, Mrs. AL
merindo Portfolio and Mrs. Emanuel
Gerli, vice-presidents; Mrs. Stefano
Berizzi. treasurer; Mrs. Felice Bava.
secretary; Miss Nina Maresi, assistant
secretary; Mrs. Miner G.. Hill, chair
man social service committee; Mrs. f..
y. Jacobson. executive secretary, and
Miss Elena Tortorella, field secretary.
On the board of directors are Mrs.
George Beer, Mrs. Charles Bound, Mrs.
Henry Burchell jr., Miss Felicia CAT
ferata. Mrs. Santino' Ceribelli, Mrs.
John Drake, Mrs. Ernesto Fabbri, Mrs
Antonio Fanoni. Mrs. Joseph Gerli,
di Gioreio. Miss Julia Grill. Mrs.
Orestes Ferrara. Mrs. Mana Geno-
vese. Mrs. J. Henry Lancashire,
Mrs. Walter Littlefeld. Mrs. An
gelo Ruspini, Miss Rose Razetti,
Mrs. James NJ. Potts, MRS. Samuel
Shaw, Mrs. Luigi Solari, Mrs. An
tonic Stella, Mrs. Carlo Savini. Mrs.
Arturo Stefani, Mrs. Frank Zunino,
Mrs. Alfonso Villa and Mrs. Henry w.
Thomas
New-York tribune., 1921-12-04
Winter Ball December Is
For LoOmis Sanatorium
Benefit Affair Will BE Held
at Plaza; Proceeds to
Provide Free Beds

The winter ball or the benefit Of
the Loomis Sanatrslunl will be held
at the Plaza Hotsl. in the new ball
room. on the nigss Of December Is.
The proceeds are to be devoted to the
free beds for the treatment Of tuber-
culosis in the sanatorium.
The Junior committee, which was
made up during the last week by Miss
Marie La Marche, she chairman, is
composed of Miss Dorothy Brown, Miss
Nina Chatillon, Miss Dorothy Clemens,
Miss Grace Cuyler, Miss Alice Emo,
Miss Felicia Fiske, Miss Julia Fincke,
Miss Virginia Fox, Miss Carlotta Have
meyer, Miss Katherine Hurd, Miss
Grace Hendrick, Miss Sylvia Hillhouse,
Miss Nathalie Hanna, Miss Susan Glib
ney, Miss Dorothy Gardiner, Miss
Betty jackson, Miss katherine Kent,
Miss Isabelle McMillin, Miss Edith
McCoon. Miss Frances McCoon Miss
Catherine Dixie, Miss Virginia Reiland,
Miss Ellen Semple, Miss Helene Shearer,
Miss Geraldine Thompson, Miss Louise
Trippe. Miss Mildred Taylor, Miss
Melissa Yuille and Miss Dorothy Schiff.
Mrs. Joel Ellis jr. is chairman of the
ball committee, ana working with her
are Mrs. James Lenox Banks jr., Mrs.
Clermont Barnwell, Mrs. j. T.. John
ston Mali, Miss Gencvieve Clendenin,
Miss Adrienne Iselin, Miss Cornelia
Landon, Miss Christina Nichols, Miss
Mary NJ. Ostrander and Miss Sylvia
Van Rensselaer,.
Miss Mary M. Ostrander is president
of the Loomis Sanatorium Guild; Mrs
Edward B. Boies is vice-president;
Miss Elizabeth V. Cockcroft is the
treasurer; Mrs. Gilbert Darlington,
secretary, and Miss May Moulton is
chairman Of the purchasing committee.
New-York tribune., 1921-12-04

Irving High School, and Miss Florence
n. Levy, director of art service, are
the active chairmen.
The hostesses include Mrs. Herbert
fifth. Mrs. Alma L. Hamilton. Mrs. L. C.
Adams, Mrs. Robert l. Aitken, Miss
Ethel II. Averell, Mrs. Edward C.
Blum, Miss Mabel J. Chase, Miss NJ.
Rose Collins, Miss Julia c. Cremns,
Miss Mary r. Davis, Mrs. Robert w.
New-York tribune., 1921-12-04

de Forest, Mrs. William E. Fox. Miss
Florence Francis, Mrs. Susan d. Grif-
Henderson, Miss Anna Maxwell Jones,
L. Morse, Mrs. Laurent Oppenheim,
Mrs. Ernest Peixotto, Mrs. Walter
Scott Perry, Mrs. G. Straubenmuller.
Mrs. Lionel Sutro, Mrs William o.
Thompson and Mrs. Edward C. Ia
hri kie
New-York tribune., 1921-12-04
New Workers Are Guests at
Traymore. Atlantic Cit,

Mr.. and Mrs. Walter Cole, Mrs
Thomas F. Eagan, Mr.. and Mrs. John
Fitzpatrick, Mrs. B. Clarke, accom-
panied by her daughter Mr.. and Mrs.
Herbert Foster, and Mr.. and Mrs.
Thomas Leigh, of New York, are among
the arrivals at the Hotel Traymore.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
No Price Cut Plan
For Columbia, GRAPHIC

Chairman Francis s. Written, of the board of Columbia
Graphophone Company in letter to Columbia Dealers Of
deep interest the hundreds of the company stockholders
here calls attention to certain bearing the earmarks
organized propaganda regarding policies of the company
price reductions, etc. F..
He believes dealers will again reap profits at the close Of
and beginning of 1922 and holds doubt that the
future of the company is assured.
The letter follows:
The management desires at this time and and for
ALL to set at rest such that have to
your attention.
No price reduction is contemplated present prices
fixed without consideration of labor and material
COSTS but with view of offering, at time when low prices
expected the biggest possible photograph value both
for the benefit of the buying public and Columbia dealers
standard types will be put out without giving dealers
ample notice in advance and in until after April
1872.
The business slump has been unusually
lone believe the has been turned that loyal
and efficient Columbia dealers will the closing months
of 1921 and early in 1922 again reap the profits which
their splendid efforts and hearty cooperaon with the
Columbia Graphophone Company enttle them.
with thirtyve of Columbia and progress
lin photography development behind the company, the
not at all discouraged by the business
slump
There is doubt in the minds of the management that
continued future of the Columbia Graphophone Com
pany assured and that uninterrupted flow of Grafo-
nolas and Columbia records will continue to you
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
JOHN s. DRUM.


The optimistic forecast of the commission was echoed
by D. R. Crissnger comptroller of currency who spoke
today before the National Bank section convention
Crissnger told the bankers:
1T pleasure to bring you word of vast improve
men in the general business and financial situation The
last year has been marked by steady liquidation of credits
too long standing and persistent increase in the volume
of cash available current business The outlook by
whatever standard judged is better than in many
months
Crissnger declared the financial fabric of America
been strengthened that banks and
responsibility aggregang than all the rest of the
banking resources of the world
The truth is it to me-, Crssinger said, that if
will be fair with institutions that have served we'll
will have to admit that they stronger sounder,
logical than ourselves believed them to be-
Circumstances demand Crissinger said, that America
assume a role of leadership.
The rehabilitation of Europe is the key to whole
economic and industrial situation, he said. eve cannot
aid without system foresight Our part of leadership
must be played by using influence induce Europe
help herself"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
One Man Bank Must Go.

THE man man bank must go,
in the interest of greater banking
security" is the public declaration
of J. G. Hughes, bank commissioner
of Missouri. copy of the declara-
ton has been received by Col. NJ. A.
Winter, chairman Of the board of
the Ranking Trust and Mortgage
Company of this city.
THE one thing that we are trying
to emphasize and one thing that we
are called upon to bring continually
is that the board of directors of
every bank is charged with the re-
sponsibility of the operation Of the
bank" Commissioner Hughes said.
II might go further and say that in
the limited time of my administration
of the office Of bank commissioner
have become thoroughly imbued with
the idea that II the board of directors
will do their full duty and will give
to their office as director of the bank
that which the law requires of them,
no bank can become insolvent to the
degree that the depositors will lose
their money.
I'VE are. therefore, insisting and
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
North American Company.

J. j., Pennsylvania Avenue
Some time ago I advised with you
concerning American Telephone q
Telegraph and bought ten shares.
I should like to ask your opinion
Of North American Company 6 per
cent preferred stock, par $50, sell
ing at SIS. Would you consider
this stock q good one for q work
ing man to put money into?
Answer-It appears to offer an ex-
cellent opportunity for a reasonably
sound high yield investment.
II bought at s35 q share 1t yields
SIS per cent. Dividends are payable
quarterly. July /. etc, and became
cumulative from July /. 1921.
1t is authorized in the amount Of
$50, ooo,o and approximately half
OF II is outstanding, followed by an
equal amount OF common stock
which also receives 6 per cent or 50.
The income account for six months
ended June 80 shows earnings equal
to Sl0.6< per common share, and the
net assets applicable amount to
$139.90 per share. The company was
in 1890 and controls five
big public utility companies, each
one OF which controls many smaller
1t has been uniformly successful,
and We believe the preferred stock
carries an assurance of permanency
and soundness.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
Kresge Co. to Pay
500 Stock Dividend

s. s. Kresge Company d.
rectors have declared o stock
dividend of 81 per cent. or S..
100000. on the common shares,
payable December 81, In add.
ton to the regular quarterly
and semi-annual cash payments
on the preferred and common
shares.
The stock distribution will
leave the company with $1s-
100000 outstanding common
stock and $4,000, 900 preferred.
Charles e. Merrill, of Merrill,
Lynch & Co., who 10 O director
in the Kresge concern, in con-
firmation of this dividend dec
laration, said:
: "Today's stock dividend of
IS, 900, together with the
$4,000, 900 melon distributed in
1916, brings the total dividends
distributed in common stock up
to $9,400,000. equivalent to, 1873
per cent on the 100000 COM
mon stock outstanding at the
end Of 1915. 1t is interesting to
note that the holder of 100
shares who bought his common
stock at the time of It's Issue in
1912 and who has taken advan.
tage Of his rights now holds 200
shares having O market value
OF some $32 900, against n total
investment Of $1,000. and that
after the present stock dividend
has been paid his holdings will
aggregate 308 shares"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
New York Cotton Market.

NEW YORK, Oct. 5.-Offers were
liberal at the opening Of the cotton
market today. and prices dropped Z
TO 80 points on first sales. There
was further pressure from the South,
stop loss selling and offerings from
Liverpool interest. The demand
came mainly from shorts and oper-
stors who were replacing sales made
at higher prices.
At tho end Of the first fifteen min.
utes, nervousness was In evidence
and the list was about 30 points net
lower.
Opening prices follow: October,
ISIS Rs Ts'' sisso; 0G MAY. 'as sissyy:
July, S1s.sb; September, SIs.15@7o. !
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
Foreign Exchange.

NEW YORK. Oct. 6.-The foreign
exchange market opened strong today.
with demand sterling " cent higher, ut
ss.7b%. Francs rose 3 confines. 10
T.15 for cables and TIA for checks.
Lires rose point. to 1851 for cables
and 3.97h for checks. Belgian cables
were 2h centimes higher, at 7.05 Cor
cables and 7.04 for checks. Marks
yielded point, to .0079h.
Other quotations are: Guilder cables
1925; checks, 32.23. Sweden kronen
cables, 22.50: checks, 22.45.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
CHICAGO Markets.

CHICAGO, Oct. 6.-Wheat opened "A
to 1c lower; corn. Y to y lower; oats
unchanged to " lower; provisions In
active. Opening:
Wheat-December. 1.14h9: May,
1.19h @1.1Sh.
Corn-December. 4sw4sx; May san
o..
Oats December. 3s@35%. May,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
Midwest Refining Dividend.

In connection with the omission OF
the Midwest Refining 81 extra divi.
dend, It is explained that the sharp
reduction in inventory values dur
terially, influenced the balance sheet.
while cash resources have been large
ly drawn upon in order to enable
the company to prepare for the pro.
duction opened to the market in the
last few months.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
Liverpool Cotton Market

LIVERPOOL. Oct. Spot cotton
was in good demand at the beginning
Of business today. Prices were easier
Sales were $4,000 bales.
American mids., fair, 1929; good
mids., 1919; fully mids., 1899; mids.,
14.48; low mids., 1894; good ord, 1919;
ord, 11.44.
Futures opened easy.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05

In a report to the conven-
ton session today, when
President John S. Drum was
in the chair, the commission
said:
"The commission recog-
nizes with satisfaction that
the worst of the credit strin-
gency seems to be over and
it appears that the country
has borne the period of stress
remarkably we'll. Natural
recuperative forces are now
making for recovery and
there is every reason to be-
lieve that when wages have
been readjusted and normal
balance is re-established be-
tween industries and between
nations our country will enter
upon a new era of prosperity
Il
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
Mr.. McKee's Address.

President H. H. Mckee, of the
National Metropolitan Bank. address.
ed the Washington Association OF
Credit Men at its luncheon yester.
day on trade acceptances,
He went deeply into the history Of
his topic, the address proving of
much interest to those in attendance.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
Cuba Cane Debentures

NEW YORK, Oct. 5.-Members OF
the underwriting syndicate thai float,
ed the Cuba Cane debentures are
working overtime trying to get the
consent Of debenture holders to the
SIC, 900, 900 loan which certain bankers
are willing to make-with q string at.
tached to 1t.
These bankers, 1t Is explained, have
no interest in the company and refuse
to advance the funds unless they rank
first.
Never before in the history OF H.
nance has the word receiver" been
so freely used.
Receivers certificates IL the bug
aboo dangled before debenture hold
ers TO induce them to give up their
present position.
Those known as insiders do not, for
many reasons, want q reoeiver-even
though they talk 50 freely Of the pos.
sibility.
Many debenutre holders at present
believe that receivers certificates"
would leave them no worse off than
the proposed loan.
''If bankers who must know what
conditions are do not want a second
ary position" they ask. why should
we take it,"
Under a receiver their holdings are
callable inside Of six months, and they
rank first among other creditors, so
far as the property Is concerned.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
The Sugar Situation.

customers thus: The sugar situation
Is the one great remaining commercial
problem that is affecting the specu-
lative market.
There is no indication as yet OF re.
lief. The Cuba Cane Sugar problem. is
very difficult.
We find more holders daily OF the
debentures hostile to deposit and in
clined to fight II out with the stock
holders in the forcing of q receiver
ship, in which the latter may have to
provide cash for receivers certificates
and the bank creditors be deprived Of
a new prior lien, such as the plan pro-
posed seems to contemplate.
The general attitude among small
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
rAusassSSs~s HS BUSINESS AND FINANCE W
Local Stock Market.
SALES. s..

After call:
Capital Traction SIS, 31,000@S7h.
Washington Railway preferred, ESQ
SOY, 26@69h.
Capital Traction, 6@S6%.
Capital Traction SIS. $500@S7h.
Money: Call loans offered at per
cent, with 81 per cent bid.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
INVESTORS SERVICE

Il you have an investment problem
Write us fully. incIosing stamped
addressed envelope for reply. and
address the Financial Editor.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
Prosperity at Hand
A. B. A. MeetingLs Told
By CHARLES E. HUGHES
International News Service.

LOS ANGELES, Calf, Oct. 5.-The economic policy
commission of the American Bankers Association believes
that America is the verge of era of economic
prosperity.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05

demanding that the 'one-man bank
shall be thing Of the past. We are
demanding of the directors Of the
bank that they assume their RESPONSE
bilities. and we are demanding OF them
that they exercise supervision ayd be-
come familiar with the affairs Of their
bank. The boards Of the various
banks are being called upon to recog-
nize new conditions"
Col. Winter explains that the d..
rectorate Of the Banking Trust and
Mortgage Company will not only
live up to the rule laid down by
Commissioner Hughes. but that the
directors will be selected from a
large and diversified list Of sub.
scribers representing many phases
Of Washington business, mechanical
and professional life and inviting de.
posits from q wide range Of patrons.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
North Carolina Banker eHre.

Vice President Thomas e. Cooper.
of the eMrchants National Bank of
Raleigh. N. c., is in Washington on
brief visit to his brother, President
Wade H. Cooper. Of the Continental
Trust Company.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
Hide and Leather Income.

American Hide and Leather di.
rectors held a meeting yesterday.
This led to the belief that the in.
come statement for the quarter end
cd September 80 would be issued.
Heretofore the directors have met
quarterly on the last Tuesday Of tho
first month Of each quarter. This
has been changed, and directors will
hereafter meet on the first Tuesday
Of every month.
The income statement will be is.
sued following the meeting in the
second month Of the quarter, so that
the statement for the three months
just ended will be forthcoming on
the first Tuesday in November.
1t is expected to show net earn
ings in the neighborhood Of $3.50, 900.
The fire, which caused considerable
damage at the Milwaukee plant, It
Is stated, has resulted In no pecu-
mary loss to the company, as all its
properties are fully covered by in
surance.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
Wall Street Gossip

owners seems to be that tho organ.
and that the new obligation proposed
may not ensure permanent solvencv
to debenture holders.
The predictions made so positively
and the financial earnings state.
ments presented at the well.remem.
bered meeting called by the under.
writing syndicate Of the present 7
per cent bonds rankle in the minds
or bondholders. Financing Of Ameri.
can sugar ought to be easier than
Cuba Canes"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05

Stock sales up %
ii m. ~ noon. Ip.m. -. n
l65, 800 10000
Bond ssles up to
IL IN. - noon. pm. ID. m
$40, 900 s,S$3,O00
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-10-05
OH Stocks.

FURNISHED by ". .. Hibss 4 CO..
, 1921-10-10
LINES WIPED OUT
IN CANAL TOLL DEBATE

returned overland from Denver where
they spent last week. Or. Andsrson
attended the medical convention
which was held there. They report
that ths reads from Greeley TO Den
yer and from Gienrock 10 Casper were
in te-ribls ,enaifion.
AFR. and Mrs. Ira J. wetherm have
returned from Laramie and Cheyenne
where they have been on business
and pleasure.
Mrs. Patrick Sullivan and Miss Sui
Ivan are spending several days IL
Denver IN a pleasure trip.
Mr.. and Mrs. II. H. Schwartz mo-
tored to Denver last week and are
attending to business there.
Mr.. and Mrs. NJ J. Dryer OF Los
Angeles. Cal. are registered at the
business interests here for several
days.
d, is In the city visiting with her
hAeitt llT1- -. IL NdIu1CuIu4ul ana
with her mother and brother. AIRS.
Stern and Fred Stern.
Miss Leona Brady has returned
from n vacation spent in Chicago. III.
and Kansas City, No. and has now
resumed her position as private sec
rotary to Jack Lenry.
Mr.. and Mrs. ]. L. Mcintosh have
returned to their ranch home on the
Sweetwater after spending several
days here visiting with friends and
relatives.
Miss sarah Parker left last night
for her home in Louisville, KY. after
spending about eight months in Cas-
per.
Mr.. and Mrs. George southweli have
returned to their home in Lander after
visiting over the weekend with their
friends here.
, 1921-10-10

Dy IrlenuS ana Toes.
Republicans and several Democrats
Joined in supporting the bill today.
while Senator Lodge Of Massachusetts,,
Republican floor leader. was promi-
nent among bipartisan opponents
Effect OF enactment OF the legisla.
ton on the coming armament confer.
ence was discussed by Senator Lodge.
He conceded that the United States
had the right, under the Hay-Paunce-
forte treaty. but said that right should
not be exercised. when there arc com
peiling reasons against its exercise"
Senator Lodge urged arbitration OF
the tolls question, and said this nation
would have TO agree to arbitration un-
der its treaty with Great Britain II
that nation should request 1t. sena.
tor Borah. Republican. Idaho, author
Of the bill. said he was Inclined TO
agree but pointed out that former
British Ambassador Bryce had said
there was nothing to arbitrats" over
n tolls exemption to American coast
wise ships.
a resolution offered by Senator
King, Democrat. Utah. as a substitute
for the Borah bill. would authorize the
president to negotiate with Great Brit.
ain for submission to The Hague. An.
other proposed substitute by Senator
King would appropriate 81 900 900 for
payment by the government Of tolls
on American coastwtse ships.
Senator Ashurst. Democrat. Arizona.
cited Democratic and Republican ma
tlonai platform pledges for FREQ tolls
and said h Democratic pledges had
been broken"
"Dishonor and dishonesty lie with
those who break their pledges" he
said.
Senator Sterling. Republican. South
Dakota. opposed the Borah bull. said
II would break a treaty and that ma
tional honor and respect required
treaty Observance above party consid-
Grafton.