davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

Elected to Comm;ttee

Harold B. Thorne, chairman of the
protective committee or the Broadway
and Seventh Avenue Railroad Com
rany first consolidated mortgage S
per cent gold bonds, due December i.
1913, announcfed that Joseph p. Brad
shaw, Of Clark, Dodge & Co., and
Roger n. Williams, vice president of
.he National Bank Of Commerce, have
oeeh elected to membership in the
committee. Patterson, Eagle. Green
ough e. Day have been appointed az
soclate counsel. No time limit has as
yet been set by the committee for the
deposit of the bonds
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Central Leather Weak

Central Leather issues again de-
veloped weakness yesterday, the com
mon shares declining more than y
points to a new low record at 25, and
the preferred losing u at 591a. The
explanation of the renewed weakness
was not apparent as reports from the
leather trade indicate that the out
look, especially regarding export bust
ness, is more favorable now than for
several months. Buyers for several
European companies are said to be in
the local market, and it is believed
that an agreement on prices is not far
distant
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Holiday Petition Popular

Indications that the petition for
holiday on the Stock Exchange Sep
TENDER 3, the Saturday preceding
Labor Day, will have a safe majority
were seen yesterday in the announce
ment that there have already been 526
signatures. A holiday was granted by
the exchange governors last year,
when business on the local market
was more active than this year, and it
is regarded as certain by MANY traders
that another three-day holiday will be
approved.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

BRAZIL (par s2.45 cents a paper mil-cls)
Demand .......12.371s 1926 1850
Cables ..-......12. so 12.371a 1850
PERU (par S4.S6 pound)
Checks go $50 400
ECUADOR (par 60 cents sucre)
Checks ......-.22.73 2273
CHILE (par 36.5 cents a peso)
Checks ........10.121a 1925 22.75
URUGUAY (par 1o342 cents a peso>
Checks ........65.75 6475
VENEZUELA (par 1913 cents a boivar)
Checks ...-....16.13 1913
Canadian Exchnnge--New York funds in
Montreal 10 1916 per cent premium
Montreal funds In New York, o7s per cent
discount
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
New York Metal Market

On the New York Metal EXCHANGE
TIN was dull with Straits. Straits ship-
ments and standard quoted ut 25.50d1
2e'ooc and 80 per cent at 25.25M26. 25c.
copper weak, standard spot, August and
SeptemDcr' l.50c, and clcctrolytic spot
august ma September, lee, all asked.
Lead quiet; New York spot. 50c n sled
and East st. Louis spot. 4.25c asked
Zinc quiet; New York SPOT. 4e50c md
East st. Louis spot, 4.2Oc asked.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

Answer-Bush Terminal Buildings
first per cent bonds are guaranteed
principal and interest by the Bush
Terminal Company and are secured
by first mortgage on a number of
large modern terminal factory and loft
buildings in Brooklyn and New York
City. The properties include nine city
blocks and nine concrete loft buildings
and power buildings in Brooklyn, an
Office building at 100 Broad Street,
and a ten-story loft building on East
Twenty-ninth Street. We consider
them a good investment for woman
The Kingdom of Denmark IS are call
able only as a whole after October 49,
1925, at 40 up to 1885 and at 1919
thereafter till maturity The date after
which the Northern Pacific IS, due
2O47, can be called is 1886. We would
prefer, however, the Northern Pacific
Great Northern joint 61a per cent
bonds to the Northern Pacific IS. The
joint bonds are callable, but if called
before 1895 can then be converted into
Northern Pacific IS at par, or would
receive par in cash as the holder pre-
ferred. We think any one of the three
securities you name are good for your
purposes.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
No. Pac. Gut on Diners v ont
Be Followed bv Other Roads

Spec.dz Dispdfch 70 The 7r15an,
CHICAGO, Aug. Although the
Northern Pacific Railroad has an
nounced cut in dining car prices,
other roads centering in Chicago are
maintaining the high level Of wal
times. There is no indication of any
reduction, according to officials. They
say that dining cars are not being
operated now for profit, and if they
can break even on them they are
satisfied.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

The largest oil tank ship in the world
is to be launched to-day by the Stand
ard Oil Company of New Jersey when
the John D. Archbold, 10000 dead
weight tons, slips down the ways Of the
Newport News Dry Dock and Shipbuild-
ing Company at Newport News, Va.
The new vessel will replace the old
tanker of the same name sunk by the
Germans during the war. One more
tanker, the William Rockefeller, re-
mains to be launched to complete the
New Jersey company's tank shipbuild-
ing program involving an outlay Of
approximately $45, 0O0,OO0
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Easier Money as Supply Grows

The decline in the renewal rate for
call loans on the Stock Exchange from
6 to ~ per cent came as something of
a surprise to the financial community
in spite of the fact that loans were
made at 8 X per cent in the late trading
Thursday. Ordinarily several days Of
easier rates late in the day precede
break in the renewal, rate, but borrow
ers found plentiful sums on hand when
the time came for setting the renewal
rate yesterday and the 51a per cent
figure was ordered. The action may
have some connection with the rule re-
Gently put into effect setting a limit
for making known money requirements
half an hour before the market closes,
thus preventing to large extent pro-
er rates late in the day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
The Dollar in Foreign Exchange

Foreign exchanges showed under
lying frmness in yesterdays transac-
tions, although actual changes in quo
tations were small. Cable rates on
London worked up IS of a cent to
s3.66!s, and German exchange was
fractlonally higher. Continentals were
virtually unchanged.
Far Eastern rates were steady and
South American exchange was slightly
firmer
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Maihieson Alkali Earnings

For the six months ended June 81
the Mathieson Akali Works. Inc, re-
ported deficit, after taxes and reserve
for depletion and depreciation. Of S4-o''
452. Operating losses amounted 70
Sl70.o95. Deficit. after preferred dly',,
bends, Melted $479,697. Cash showed
S2I7,582.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Paris Market Firm,

PARIS, Aug. 19.-Prices were firm
on the Boursc to-day. Three per cent
rcntes, Sc francs 35 ccntimes; OK
change on London, AZ francs 40 CEN
times; per cent loan, 81 francs as
ccnlImcs. The dollar was quoted at
IL francs % ccntimcs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Atlantic Lobos Oil Earnings

For the year ended December 81 the
Atlantic Lobos Oil Company and sub
salaries reported a net profit, after
charges and Federal taxes, of S1.o5lr
ZIG. Net earnings amounted to Sl,69s,.,
500. Profit and loss surplus melted
$4l2,654 and cash 81 ,604 ,222.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

LONDON, Aug. lo~-Stunard copper.
SPOT, 967 5s; futures, f67 15s Elcc-
trolytic spot s7l los; futures 973. Tin,
spot, 1852 los; futures el54 Is Cd.
Lead. spot, i23 Is Cd; futures seq It's
Ga: z'nc, spot, S24 les Cd; futures,
i25 IS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
In Wall Street
A Dull Day in Street

Wall Street was dull place yester-
day. The stock market was quiet and
omparatively little was doing around
the banks. The high executives of a
number of important financial institu-
tions took the occasion to stay away
and play golf. The absentees included
a number Of the bankers who took a
hand fortnight ago in smoothing the
troubled waters in the financial dis
trict. The fact that they decided to
stay away from their desks yesterday
was accepted as indicative of confidence
in the general situation.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Investment
Information

Questions of general interest to in-
vestoys Kill be ans,oercd in shis COL
,ntn, IN qchich case only initials svill
be used. Others ariu be answered BY
matt address az inquiries, inclos-
ing stompsd, addressed envelope, to
Financial Editor, The Tribune, l54
Nassau Street, Ncts York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
National CITY Closes Branches

The National City Bank announced
Yesterday that it had decided to close
its branches at Barranquila, Bogo's
and Medellin, Colombia. Slack busi'
ness and slow collections are under
stood to have prompted this move.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Money and Credit

Offerings of call money were more
plentiful ON the Stock Exchange YES
terday and the renewal rate was 5H
per cent, the lowest rate since A.
gust q. OFF the exchange loans were
made as low as per cent, owing to
the keen desire of the banks to place
their funds
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

LIVERPOOL, Aug. 19.-Wcekly cot
ton statistics: Imports $4,000 bales
American $4,000; stock l,131, 900. Amer
icnn $4,000; forwarded $4,000, Amer
can $4,000; exports 1000, American
5000; sales $4,000, American 22.00O
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Curb Prices Turn
Lower as Selling
Force Continues
Durant Motors, Tobacco
Products and United Re.
tail Candy Are Weaker:
Oil Group Irregular


Selling pressure was again felt
among the industrials on the curb
market and the price trend was pener,
ally lower. Covering just before the
close checked the decline to some ey-
tent, but losses we're recorded in many
prominent issues.
Glen Alden Coal broke below 81 to
a new low for the week, but recovered
later to Thursdays closing price
Durant Motors saggcd more than a
point to 24si. while Tobacco Products
Export and United Retail Candy lost
fractions under pressure.
lrregularity prevailed in the oil
group; Standard of Indiana was
slightly lower, but most Of the other
leaders, including Maracaibo and In
tcrnational Petroleum, were steady
and unchanged at the close.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

Tbs United Stntes Mortgage and Trust
ION 90, pany mas been. appointed fiscal agent
'"r ne payment or principal and interest
OF the Republic OF Uruguay sinking fund r
per cent secured gold doans OF 1919,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

Bank CIearings-Bank clearings at
New York yesterday were: Exchanges,
s4e920o,ooo; balances, s48,80O,OOo
Silver-London, 339sd; New York, do
mestic bar, 991sc; foreign, 621sc; Mex
lean dollars, 475sc.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
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. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

LONDON, Aug. 10. - Trading was
quiet on the stock exchange to-day. Bar
Sold was quoted at l12s Sd; money was
loaned at 4 per cent Discount rates
were: Short bills, 4ssM4% per cent;
three month bills, 413-16@47s per
cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Security of Bush Terminal SIS

Question-Will you explain what the
Are the Bush Terminal'5 per cent bonds.
1860. a woman's investment TO safety
OF principal? What is the callable date
of Denmark SIS and at what price they
redeemed? Is the callable date for the
new Northern Pacific Is of 2047 to be
fifteen yeas from now or fifteen years
been studying the above. J. wish safety Of
principal first, with fairly long term, and
a fair income second consideration. J.
would be pleased to get your opinion on
above securities any foreign and
American bonds that you recommend
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

AnsWer-There is a certain amount
Of speculation involved in holding In
terborough Rapid Transit IS and Kan
sis City Southern IS. The underlying
Kansas City Southern IS are high
grade, in our opinion, and the IS,
which are junior to the IS, are a good
investment. We would advise against
selling them. Unless widow is so
situated that the possible loss of in
terest temporarily on the two Inter
borough Rapid Transit IS would mean
real hardship, we would advise her to
hold on to them. The New York City
traction situation appears to be i'm
proving. We think the proposal to sell
the Lackawanna Steel SIS, due 1923, re-
Gently quoted at 95, is sound one, in
view of the recent rise. In selling
the Liberties the widow should recog-
nize the fact that she is sacrificing
something in the way Of safety to
obtain higher yield. Notwithstand-
ing her opinion about having enough
already in railroads, we are inclined
to advise putting the money received
from the sale of the Liberties and
the Lackawanna Steel into Chicago
Union Station first mortgage 612 per
cent bonds, which are guaranteed sew
orally and jointly by the Chicago, Bur-
lington & Quincy, the Pittsburgh. Gin
cinnati. Chicago & st. Louis, the Penn
sylvania Company and the Chicago,
Milwaukee G. st. Paul, and which. in
our opinion, rank we'll up toward Lib
critics in safety, and yield $40 per cent.
The bonds are not callable before 1885,
and then and thereafter only as a
whole at 10. We would not disturb
the Consolidated Gas Is, nor would we
make any other change in the list ex-
ccpt that which you have suggested.
Besides the Chicago Union Station we
would suggest New York Dock first 4s,
due 1851, recently selling at 70, yield
ing 6.22 per cent if held till maturity.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20

Four full columns Of in
reSfrsent questions and an
s1cers are published in The
Tribune every Sunday
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
General Electric and Westinghouse

The recent weakness in General
Electric and Westinghouse has at
tracted considerable attention toward
these two companies. 1t was said yes
terday that there has been practically
no change during the last month either
billed, which would indicate that the
decline in both stocks has been due
to the unfavorable condition of the
market rather than to any alarming
trend in the business outlook Gen
eral Electric's bookings for several
weeks have been down around $3,OO0,-
600, and are now believed to be fairly
steady between 100000 and $4,000
900 week. Billings in the first half
of the year amounted to $4,000 600;
in the second half it is estimated that
they may be reduced to 100000, 900.
Westinghouse bookings recently were
understood to be at the rate of a
little over 100000 month
Industrial Alcohol Rallies
The recovery in Industrial Alcohol
shares emphasized the fact that the
payment of reduced dividend or
dered by the directors Thursday after
tho market closed was not in line
with some of the more pessim site
views. NAM market followers insisted
up to the last that the dividend would
be passed in spite OF assertions thai
the directors would hesitate in going
SO far at this time The reduction
from an 8 per cent to a per cent
basis confirmed the views of the more
conservative element, and short cover
ing marked early transactions, with
the result that the price of the shares
advanced nearly points. Profit TAX
ing then ensued, and a net gain of
point for the day was shown.
WOrthington Pump
Judging from the current selling
price of Worthington Pump and Ma
chinery common stock there is some
doubt concerning the continuance of
the present dividend rate of per cent.
Directors arc scheduled to meet next
week The company is understood to
be in excellent cash position but in
coming orders have been few and un-
filled business on the books at the end
Of the year will probably be filled by
Thanksgiving. Operations for the first
six months of 1921 still show substan-
tial earnings on the common stock but
not sufficient to cover the dividend re-
quirements.
1t seems now definitely established
that the Chesapeake e. Ohio common
dividend rate has been passed. Directors
met yesterday but no action was taken
on the per cent scmi-annual disburse-
mcnt, action on which was originally
deferred at the May meeting of the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Widow Watches Her Bonds

Question--A young widow. entirely de-
pendent upon her invested capital to
whom safety of principal is the first con-
sideration, holds s., 600 each OF the follow
ing bonds: marlborough Rapid Transit
Company U.s.; Kansas City Southern 5s
southern Railway Consolidated SIS: Iiacla
wanna Steel 5s 1928; Third Liberties
Grand Trunk Isl WESTINGHOUSE Electric
and Manufacturing IS: Northwestern He'll
Telephone is Cuff OH Corpora ton IS
General Electric debcnture 6s: Consolidated
Gas IS Central Pacific As; West Shore As;
Chicago, Burlington e Quincy Joint 6i2 ;
Bell Telephone of PENNSYLVANIA rs. and
Montana Power 5s She feels that the first
two items the weak points on her list
These were bought at prices close TO par
and she has held them the theory
that they VIII prove sound in.the long run
She is rather shy of foreign bonds and
thinks she has enough railroads. She Is
partial to non-callable features. and her
policy has been to combine high and low
coupon rates so as to average about g "A
per cent current interest She is anxious
to take advantage OF present favora BILE
market conditions. to increase her income
as much as possible. always with an eye
10 maintaining it in future years when in
terest rates have come back to normal
She is considering the sale Of the Lacka-
wanna Steel, the Liberties. and possibly
the Consolidated Gas bonds although she
is tempted to hold the latter for a year
or account of the convertible fea-
ture. Your criticism Of her list and sug-
gested changes will be greatly appreciated
III. c. T.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings


Copyright.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-20
Record of Stock and Bond Averages
Stocks

|. New York Tribune Inc.)
The Birmingham age-herald., 1921-08-07

not only the allies but also Germany whose vital interest is to raise her. self to more honest conception of international relations. By contin- ual revisions of the treaty, by public reoriminat tious. the conquerors en- courage the conquered to persist in their detestable methods. The inva- riable winner is the Pan-German rarty which gains strength from every such incident. German re- venge profits by Europes constant Lneertainty, while the small demo- cratic and psrifst elements In Ger many see their authority dimin- tshed
 On May [, 1919. when the treaty of Versailles was handed to Brock dorff- Bantzau and he delivered a diatribe against the allies which everybody remembers, Lloyd George said to me: Tt is hard for a con queror to listen to this" 1T Lloyd George reads the German papers he will perceive that the spirit which
The Birmingham age-herald., 1921-08-07

lGr. Walden, | scientist, has made . most important scientific discovery for the relief of Heart Trouble. Hard ching of Arteries and High Blood Preeguro. This discovery was given the most severe test in fourteen diff 2erent chronic cases of heart and other suiferers. Of the0e fully one-half had been considered incurAble and hopeless. beyond the reach of human help, and were not expected to be able to live much longer. Among these were four chronic sufferers of ANGINA PECTORIS. i've of vALv- OLAR HEART TROUBLE. several win ENLARGEMENT OF THE HEART-aii pronounced incurabie- HEARTS. etc Dangerous ccmpliea- |. Dropsy. Kidney, Bright's Disesse. Liver and Stomach affections, weFe connected with the heart complaints and increased the difncuities to De
 It was believed that if Mr. waldsn's Discovery could only accomplish . slfght Improvements in such hopehess eases, his treatment would De superior c any known treatment today, and if he could accomplish what vas con sidered the impossible by relieving such chronic cases of many yeafa' standing, he would. indeed. prove him self the acknowledged master snd the sereateGt living authority on Heart SOiseanoa, Hardening of Arteries and 8loo4 Pressure. hoth h this cnntry
 na Il 0azonA
The Birmingham age-herald., 1921-08-07
GERMAN PEOPLE ARE NOW FACING
 THREE DANGERS
(Continued From Page One.l

NO-AHrssseu EAoh a6c OhtJ pagne, liquors, chocolate, tea, per- ions. Nor does it need to waste mil lions in betting at every race meet ing, with every street lined with bars and dance halls and cafes
 Ignoring all this, the government proposes to pay the reparations and meet the domestic budget through indirect taxation. This presages a great political storm in the autumn. Capital itself is again to be att tackled. but the land owners, always favored heretofore in taxation, are opposing violently the new plans But even the industrials can hardly continue to gay 60,o00 marks In every 100000 earned The continual confiscation of fortunes is incompAt- able with order.
 As the nationalists, who, with some democrats, represent the capi talist interests are ardently opposing the new direct taxes, while the so. cialists are proclaimng that own ership must bear the burden" it seems probable Chancellor wirth's ship will founder on this rock, even if it weathers the Silesian storm.
 Fnry Against France
 The dangerously growing fury against France is constantly pro- ducing conflicts and friction. This is going hand in hand with an impov- crishing of the state and the under mining of it's power, while economic power strengthens and increases. The belief is rapidly growing that after all, the big industries, closely allied to land and property, are des tined to save Germany Very quietly powerful positions are being con- structed and the hour may come when the whole state apparatus will be ceased and bent to the will of this new power.
 Such strong, obstinately bold, and entirely unpoliticaT heads as Hugo Shines, for instance, will not be re- strained by fear of hard struggle with labor. These leaders of indus try hope that with bolshevism hay ing brought Asia to the brink of dis aster European socialism will a.soI die. They do not realize that it is capitalism which is on trial in Rus sis's crisis. According to the soviet tax law of March 1921. the peasant can freely sell everything remaining after. his taxes are paid. A soviet law of July 10 permits the leasing of state industries to individuals and corporation free to trade and free to contract with the state and private parties and even the purchase of raw materials, food and implements