davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-03-18
SECURITIES AT AUCTION

g5 Pacific Coast ist uf., x5at4
az GOO Western Farms Products 90. ~, De.
bpnture income hords. due 1850. s3f lot
81 ono American Tobacco Co. 4oo bond7, du'
inaf coupons February end August, Gi.
4 National Biscuit. si02ia.
20 New York Railways; 50 lahard I'm bt
Tabard Inn pf.; - star Gold Mining Co.
Sia LOT.
4 Advances Agricultural Publishing pr 3
s@s lot.
10 Advanced Agricultural publishing, sai lot
is American international Publishers pr
si0J lot.
100 North American Review tss pf.. So lot.
30 New England Equitable Life Insurance
~ New York Sanitary Utilization; 20 Bos-
ton Opera " T. CT. - Hore-Jones Organ
Pr - rlopc-Ionos Organ: 900 Dixie Indua-
trial. % Planters Compress Trust certifi-
Gates for common S5J lot.
tf2 Uptown Amusement, Sf4J lot.
5000 Swedish Government Gsc bonds duo
Junn Is. 1899 coupons June - ard ne.
cemher Is. Tais.
+ Cities Service Co. 1892,
10 Chicago Railway Terminal Elevator, 50
lot
100 comstocl Tunnel $500 Comstock Tunnel
1T mcr'gag 10 bonds, due 1919. 1898
coupon on. $50 lot.
sTa0oU Hi County, Montana, Scaool District
a,s bonds duo 1880. interest January end
Ju'F. s8O.5e0 lot
SFs 900 lits ecs collateral Trust bonds due
f'ehrusry 10, 1875 ints-sst February ~
ana August ~. $4,000 lst
The New York herald., 1921-03-18
A Four stock Market.

Nearly 80 per cent. Of ycstcrda 5
total trading was in four stocks, GEN
ers Asphalt. Atlantic Gulf. Chandler
Motors and Studebaker From the oper-
Ing to the close 1t was III those issues
that interest was greatest and the iurn-
over heaviest. General Motors became
exceedingly active at one time and
threatened to take its place with the
leaders. and California Petroleum did
likewise. but in both cases activity
lessened as the day progressed and
the session ended with the four active
issues Of the morning still at the fore
front Of the market New Haven be-
came very active. too. making ner
low record under 10. but By reason OF
the fact that the activity in tho other
four leaders. with the exception OF At
lantic Gulf, was on the upward side
of the market, more attention was at
tracted BY them. Asphalt transactions
totalled 1900 shares: Atlantic Gulf.
1000: Chandler Motor, 1900; Stude-
baker. $500; General Motors, 23,ooo. and
New Haven. 5000
The New York herald., 1921-03-18
PLEA MADE IN READING CASE.
I.eIir Committee Asks Court TO
Approve segregation Plan.

The committee representing certain
Lolders OF Reading first and second pre-
ferred stock. consisting of Adrian fselin,
Robert g. Dodson, Edwin G. Merrill and
William a. Law, known as the Iselin
committee, has petitioacd the United
States District Court IN Philadelphia
FOR leave to intervene in the Reading
case. II aslSs that the plan for segre-
ratio OF tho cotporttil as coal tram its
rail- properties DC approved ana upheld.
.fcrnbers oc the committee say sncy rep
resent s9,6tl shares Uf arst preferred
and l11,TS6 shares Of second preferred
stock. having ~ agar ate par value 81
sI0,s69S5o.
The committee holaa that thc plan
does not contemplate Il d, tlibuuon Of
Readings s33,00O,0o0 surplus. as as
serted by the Prosser committee. says
the petition. out q distribution Of assets.
10 acquire vliich the preferred stock was
originally issued.
The New York herald., 1921-03-18
Money In supply.

Call money renewed in the New York
Stock Exchange at per cent. and sub
scquently declined 10 6 per cent Rates
outside We're no higher than 5la per
cent. and the bulk OF the money WAS
placed at per cent. in view of the
excess supply compared with the de-
mand A private banker had s1,000,000
to loan at IL o'clock and offered the
funds at 6 per cent. at time when the
Stock Exchange rate was per cent.
The best that he could get was " per
cent. for part OF that sum
The New York herald., 1921-03-18
TOPICS OF WALL STREET.
Tobacco Products.

The directors OF the Tobacco Products
Corporation will meet to-day and recon-
mend to its stockholders that that eoipo-
ratlon's capital be increased $2,OoO.oOo
OF preferred stock and $5,00O,o0O OF COM
mon stock. A meeting OF its stockhold-
ers to act on the proposal win be called
for the near future. II vas explained
yesterday that there is no intention oil
issuing any additional stock at this time
but that the companys directors think
II advisable to have sufficient unissued
stock on hand TO meet any situation
which may arise. A meeting for the
purpose OF acting on the dividend will
be held on April To-.
The New York herald., 1921-03-18
Ncu consolIdated cigar Head.

-. Emil Klein has been elected presi-
dent Of the Consolidated cigar Corpora
tion IN the place of $. r. Gilbert VINO
has served in that capacity since tne
corporation was formed MIR. Gilbert
resignation as its president was duo 70
the fac, that he wished to continue y
reside in Detroit and therefore could not
do full justice 70 the position o. presi-
dent. which required much time IN NcW
yo,t, Other officers OF the company
elected we're Julius L.ichtenstein. chair
wan or the board William \. Tucker
yiee-president; Louis Calm secretary
ana treasurer. and Herbert We'll ana
Eugene d. Klein. assistant secretaries
md assistant trcasurerS
The New York herald., 1921-03-18
odd Lot Buying.

The mead Of commission house which
does large odd lot business said yes
terday that a reason for the current
scarcity Of stocks Is the odd lot business
Of The last two weeks. which has reached
sizablc proportions. THAT firm received
from one Of It's branches IL New Eng
land list Of purchasers. mostly Of ODD
lots. who desire their purchases trans-
erred to their names. Tho lst con-
srisod five closely typew itten sheets and
counted Tor something like $4,000
shares Of mlsosilaneou stocks
The New York herald., 1921-03-18
Reflects Auto sIump.

That the freight traffic in automobiles
moving out Of Michigan Is only about 90
per cent OF what IL was year ago -
Indicated by reports FROM the Pere
Marquette Railway as Well az by Janu-
ary's actual earning figures 4 year ago,
owing to freight car shortage. cars Of al
sorts were moving out Of Michigan on
their own power Compared with ~
showing or January. 1920 the Pere Mar
quctte has since kept even IN ratio OF
gross that Il put back into maintenance
Of way and equipment but It's transpor-
tation costs have absorbed 81 per cent OF
its gross against SO per cent. year
ago.
The New York herald., 1921-03-18
Want Double Holiday.

a petition for a holiday on the day
after Good Friday was put in circula-
ton among brokers on the floor or tho
New York Stock Exchange yesterday.
Members OF the governing committee Of
the Exchange declined to indicate what
their attitude on the petition would be
when II was taken UP for consideration.
The Exchange will not be open on Good
Friday, In accordance with its usual
custom. and many brokers feel that II
would be better for il to remain closed
over the week end than to open again
at 10 o'clock on Saturday morning fer
o two hour session. Several other ca
changes IN New York have voted 10
close on Friday and Saturday Of next
week
The New York herald., 1921-03-18
United Cigar stores Dividend.

The United Cigar Stores has declared
dividend for the month Of per cent
on its common stock. Last month tho
disbursement was Ia per cent, as il
had been in January. Early III the
year, however, when the directors an
nounced new policy OF declaring diyi-
dends monthly, it was made plain that
there would be no fxed rate and that
they would feel at liberty TO increase
or reduce the amount
The New York herald., 1921-03-18
Gold From Indta.

Local bankers have received inforna
tion that the total amount OF gold con-
tracted Cor in India Tor shipment to the
United states amounts 70 s10.000.000
Previously some $4,000 900 was shipped
from India to Japan Every fast steam
er leaving Bombay tor London carries
gold for the United States via London.
and the movement shows no sign Of
abating. In addition to the gold on the
Aauitania, due tomorrow. more than
S1.000.000 is said to be on it's way 10
New York
The New York herald., 1921-03-18
Bank Purchase Confirmed.

The purchase OF stock control Of the
Commercial Exchange Bank by interests
identified with the National City Bank
was confirmed yesterday n the City
Banks offices. Present plans are 70 dis
continue one OF the branches, and law
yers are working on legal details in CON
nection with the naturalization OF the
institution. The bank plans to house ono
of the latter's uptown branches in the
National City Company's Forty second
street building. formerly the Manhattan
Hotel Formal announcement OF the
acquisition Of the Commercial Exchange
Bank will be made soon.
The New York herald., 1921-03-18
Counsel Uphold Townsend BtII.

The general counsel to the railroads
met yesterday al the rooms OF the As
sociation OF Railway Executives for a
discussion OF the Townsend bill, now In
Congress. II is the opinion OF the coun-
sci to the railroads that tho bin should
be amended 10 permit roads TO buy ma
terials in quantity lots and sell them
to their subsidiaries. Shackles are
thrown about that practice BY the pro-
yfgIona OF the bill
The New York herald., 1921-03-18
BOSTON AUCTION RESULTS.

Furnished by Richardson. ftnI 30.
Claricstown Trust, t0l
~ Ipswich Mills, 49,.
Nashua Nianufacturlns pref. - ana dfy
10 rigelow Hartford Carpet pf., aPt
100 Newport 4 Fall River, t2i,
Cnarlcatown Gas, sGN.
80 Hood Rubber Co. common 81
70 Mass. Lighting as.
Mass. Llg,Itiag pf., ~
MAMA Mills, i0J
30 Sop port g HALL River. igr.
IA Rights Edison, Brocl,.ou I
$40 OTplu Desk pi. las ornN BaW.. stg0O
lot
100 1eyss Gss Dr.j loo reNe,. seou ot
4 Eisiie Edigon Brockton, ~
li Hood Rubber, "a.
8 hilfera kst Eans. 11A
The New York herald., 1921-03-18
Large Borrowing Demard.

The borrowing demand for stocks in
the loan crowd last night was reported
as almost as heavy as it had been on
the preceding day. The demand for
United Fruit and American Sugar was
particularly urgent. it was said, and in
both cases premium of i32 was
charged again, contrary 10 the general
belief in the Street yesterday after
noon, following quick two point ad :
vance in Sugar, generally credited to
short covering.
The New York herald., 1921-03-18
Cerro.. February Production.

The February output OF the Cerro de
Pasco Copper Company is slightly in
excess OF that OF the preceding month.
which Is very different from the reports
made by a ajority of copper com
panies showing lower production in Feb
ruary than they did in January. Cerro
de Pasco produced 4.l54.000 pounds,
against 4.OS6.0Oo in January In De-
cember the output was 1858, 600, and in
February OF last wear 4.71S.000,
The New York herald., 1921-03-18

Prime clig'ble arcep succe al vaI -.
ciaeouGFhlc Fl Reserve IT. 4, 10 10 20 asys.
4. .sW6: r0u-ucnibcrr sud private bankers,
90 10 an d.va aA@ft ''@'SAa'
The New York herald., 1921-03-18
MONEY MARKET.
THURSDAY. MARCH IL.
CALL LOANS.
TIME LOANS.
COMMERCIAL PArF,
OrEN NARKET RArrs

.commsrc;sl psper. Y days, Z; ts to es
10 day., y; 10 . % dars. 0. Barkcrs' &C.
tCnfNupC~. f., rt no dnvH
The New York herald., 1921-03-18
souTH AMERICA.
CANADA

Now York funds In Montreal. Sf4023 pre-
nium per 81 900. Montreal funds IN New
Yorl- sf.7.5o discount per 81 900
The New York herald., 1921-03-18

official lar silver III New York. domestic,
anEe. az ounce, unchanged. foreign 55iic..
orr &c London, S2isd.. off I'D: Mexican
dollar. i2Ac. OFF Mc,
The range or silver prices This YEAR
Highest Lowest
London .,...... .;l&d. Jan. ) S0s.d March &
Nen iori ~. .GSa4e. lar. 1 1oalc Marcn 8
The New York herald., 1921-03-18
CLEARING HOUSE STATEMENT
SILVER MAHkrTs.

LIcarIng flouge fXchaneea SG1R. I'D. So.
balance, s.5,sI1i1 Federal Reserve credit
The New York herald., 1921-03-18
NEW YORK STOCK EXCHANGE QUOTATIONS

THURSDAY; MARCH il, 1921
The New York herald., 1921-02-27

improvements I'm the last few months.
In this section Of Westchester Il is pos
slble for the New York apartment
dweller paying 500 per month up TO
buy land and build a permanent home.
on which the carrying charges would be
no greater than the amount he is now
paying out for rent Otherwise homes
may be purchased from $4,000 up.
With its many residential parks.
churches. schools, banks and libraries
New Rochelle ranks as one OF the most
desirable homo zones
The home Is the source of all virtues.
domestic and civic. No expenditure IL
20 important as that which you make
for the home The United States Gov
eminent urges through the Department
OF Labor that all public service corpora
tions encourage people 70 own their
homes.
1t Is conservatively estimated that
four-tifths OF the homes IN New York
city are rented. Out OF every one hun
dred New Workers.. eighty are discon-
tented tenants. Says n most eminent
statisticlan: Sixty per cent Of our
population may be classified as galley
slaves. rambling under tho burden OF
drudgsry borne. without apparent re-
ward or progre@ap psaantfal~ @aillsns al
.maAAA Aurxnm1unm@
The New York herald., 1921-02-27

nelly will offer at auction the Hotel
Beverwyck, at 80 and Al West Twenty
seventh street. Other parcels to be
placed on the auction block at this sale
include 176 TO 1876 West Broadway,
corner of Leonard street, six four story
dwellings, with stores, 124x50; 30 and
92 University place, a three story busi-
ness building; SO Lexington avenue.
northeast corner of Twenty-seventh
street, four story business building,
34x69; 1860 to 1868 Amsterdam avenue.
northwest corner of 18TH street, one
story taxpayer. with ten stores, look
1875; West 101st street, five story
apartment house, 3Sx100.11; 266 De-
lancey street, corner Of Columbia, a six
story tenement, 25x100; $40 La Sale
street, corner of West 125th street, a
five story apartment house, 25x100.1
"a Bond street. a six story loft building,
25.9x100; 226S Second avenue. a Ave
story tenement, with stores, 26x100; 13
Manhattan street, five story apartment
house, with stores, 95.11x70x Irregular
Mr.. Kennedy will also offer 1850 Min
ford place, Bronx. five story apartment
house, 37.6x100; fourteen lots at the
southwest corner of 230th street and
Broadway and on the west side of
Bailey avenue at 23Oth street
The New York herald., 1921-02-27
REALTY OWNERS ARE DEAF.
Organiser Says They Never Heed
warnings of Attacks.

The average owner OF real estate In In
different 10 the fact. that now moro than
ever before he II made 10 run the CANT
let OF all sorts of attacks on him from
taxes TO hostile legislation. A concrete
example OF this state OF affairs In given
In a special article by w. ]. Brede, man
ager OF the membership bureau of tho
Real Estate Board OF New York. which
will appear In the March issue OF the
boards official organ, the ReoI Estdte
MGgdrire. After showing how the Real
Estate Board for years has warned prop
erty owners OF the dangers besetting
them Mr.. Brede makes the following
comment:
That these appeals have too often
fallen on deaf ears Is shown by the fact
that less than 5 per cent OF the property
owning interests OF this city are mem
bers OF real estate organizations And
for the benefit OF those non-members
who are always asking Why must real
estate bear 90 per cent. OF the cost of
city government and IS per cent. OF the
cost OF State government we might add
that Il Is because the Real Estate Board
is fighting their battles under the great
handicap OF inadequate support An ex-
cellent example of this condition OF af-
fairs was provided last fall when tho
Real Estate Boards committee appeared
at Albany as the representative of some
l,400 real estate men and was expected
to Combat successfully tho organised Of
forfn ue Aex@cna mni12fnm tananfn.~
The New York herald., 1921-02-27

story business building at Bloomfield
avenue and Valley road. opposite the
Municipal Building in Montclair, n. j.,
owned by the United Realty & Amuse-
ment Company The building covers a
plot 117x173 and contains the Montclair
Theatre, stores and offices. The site was
formerly owned by william 3. Dickson,
treasurer of the Midvale Steel and Ord
nance Company. The holding price is
s2S5, 900.
Lewis II. May Company sold for estate of
Emma /. Stroud two lots on the Board
walk. Long Beach, l.. l.. adjacent to the
Nassau Hotel. to Gertrude c. Valentine.
Plans have been drawn for a three story
hotel and construction will commence at
once. Part of the Boardwalk front will
be used for stores. Lewis II. May Com
pany have been appointed agents
Thomas A. McWhinney Realty Com
pany rented for the Good Homes Com
pany. Inc, dwelling on Broadway and
Whites lane, Cedarhurst, to Wifred f.
Murchie; also for William r. Bates the
cottage on West Broadway, Hewlett.
l.. l., now under construction. to l.. J.
Scheineman; for i. A. Lowe, dwelling
on Richmond place. Lawrence, to Mrs
Sophie Hyman: for Mrs. Mildred Saun-
derson, residence on Pacific street
Cedarhurst, to Mortimer Lahm; for ID.
e. Lennox. an apartment on Central
avenue, Lawrence, to Eugene A Kohut
II. Goldschmidt sold for the Navahoe
Realty Company a plot 60x150 on Elm
street. Woodmere. L. l., to Mrs. Kate
Wiener.
Howe & Thompson sold the II O..
Wolfe property on Woodcrest avenue
White Plains. N. Y, to e. L. Busing !;
also rented the T. q. Lyon estate at
Quaker Ridge to Allen Tobey of Tobey
& Kirk. New York city.
r. Franklin Hull sold the following
properties In White Plains: For Mary
NJ. Goodwin her residence at 7s Hale
avenue to Garfield T. WITT of this
city; for William X. Weed his house
at 147 Waller avenue to Annie M Mil
ler OF White Plains; for Milton G. Frost
a plot on Greenridge avenue, near Bry-
ant avenue. to Florence q. Whited OF
White Plains. The same broker rented.
furnished for Mary A. Thorn her resi-
dence at 1876 Fisher avenue TO Cecil
Smith OF this city. and for Merton A.
Angel his house at 81 Prospect street
to Abraham Freedman of this city.
The New York herald., 1921-02-27
BY HARRIET sIssON GILLESPIE.

Westport, Conn. one Of the progress
sive towns on the north shore Of Long
Island Sound. some forty miles from
New York and an hour and quarter
by train, has put itself on the realty
map in quite a new and original way.
Always keen to grasp an opportunity to
meet the increasing demand for homes
in this very attractive suburb as well
AZ to do its share to meet the housing
situation, it recently undertook the re-
construction and alteration of a long
vacant church into an apartment house.
The result has more than met the ex-
pectation of the promoters, for from the
simple frame structure a. most Interest,"
ing building has been evolved, providing
eight charming small apartments for
as many families, having all the COM
forts of city living but with the attend
ant Joys of suburban life as WELL
II every other suburban town within
the Same distance of New York would
do as much to meet the housing crisis,
it is safe to say the problem would in
a great measure be solved. and very
delightfully."- so. OF course in New
York the revamping of old city houses
has gone on apace for several years,
only 1t hasn't made a dent in the de-
mand for homes, principally for the rea-
son the prices are SO far beyond the
reach of the average PERSONS pocket
book that the homeseeker of the middle
CLASSIFY which / mean the one OF mod
crate means--is unable to take advan-
tage of the change.
But the little town Of Westport, alive
TO the needs of homeseekers, looked
about and at once saw the possibilities
residing in the abandoned church. from
which the congregation had some time
since graduated into larger and more
pretentious edifice built In another part
os town to accommodate growing COM
munity. The project was undertaken by
The New York herald., 1921-02-27
Odd Paragraphs From the
Worlds S Real Estate News

For its size Los Angeles is beating the
whcle universe in the extent OF its home
building.
Americas First Mo.Ieun Ediace.
In Detroit, Mich. is now being erected
the first edifice OF worship in the United
States for the followers OF the prophet
Mohammed. The mosque win be 45x30
feet. distinguished By two minarets,
hanking great dome in the centre OF
the building. The minarets are sur
mounted by the crescent and the star. the
sacred symbols Of Islam.
Detroit is regarded as the seat for
the Western centre OF Islam. since
within her bounds live more than 5000
Mohammedans OF many natlonalities
No city in America has an equal num-
Der of Musselmans.
The mosque is the gift Of Mohammed
Karoub. n wealthy real estate man and
devout Musselman. When it is com
pleted it will pass into the custody OF
Aoslem Selah or congres gtion of Detroit,
and its upkeep will be from money con
tributed by the faithful. II will draw
the Musselmans from all parts OF
America In pugrimageS OF worship.
There are only two mosques In Europe
maintained by the Moslems Ono is in
Budapest and the other in London.
The New York herald., 1921-02-27

the owners OF far famed Inn
which adjoins the converted church
property. They bought the land and
building and got in touch with Eugene
Lang, New York architect, who under
took the problem OF alteration. AS a
result eight city families are now enjoy
ing their own rooftree instead Of occu-
pying crevices in the more congested
areas Of population.
It was a simple country church OF the
type so frequently seen throughout New
England with big auditorium and the
usual choir and guild rooms adjoining,
but under Mr.. Langs direction 1t stands
to-day a unique and interesting domestic
abode The height OF the building al
lowed for the construction Of second
story at the level Of the former balcony
and gave an opportunity for four apart
ments on each floor. The old steeple
was removed and the entire exterior OF
the building completely remodelled. The
apa rtments occupy two floors and each
corner of the white painted facade mas
a tier of spacious porches, each one
finished with picturesque Colonial rail-
ing that gives the key to the style of the
house. although II is Colonial only in
feeling.
There are eight apartments, four to
a floor, of three rooms, bath and kitch-
enette each. Every apartment has its
separate porch enclosed in long French
easement windows and screens so as to
form practically an additional room. Tho
apartments on the lower level are
entered directly through their private
porches without the necessity OF going
through the public hallway which leads
to the four upper apartments. Each
kitchenette has outside windows and Is
equipped completely with electrical de-
vices for cooking and laundry purposes.
As every proper New England house
has an attic, so the church apartment
enjoys a spacious rambling half story
under the roof which the owners very
The New York herald., 1921-02-27

laudably decided not to develop into
living quarters despite the fact the
rental would have produced consider
ably larger revenue, but instead OF
'profiteering" to this extent they finished
the gable space off so that each apart
ment has very large storage room with
accommodation for trunks and all the
overplus furniture for which they at the
moment have no need. What this means
to the city housekeeper is beyond words,
as 1t is a luxury seldom il ever enjoyed
in town.
Each porch Is by 20 feet in size and
opens into living room IL by IA. The
kitchenette is directly off the living room
with q window fronting on the street
for ventilation and a door so that 1T
may be entirely closed off, thus prevent
Ing cooking odors from passing through.
A narrow hall or corridor connects tho
living room with the two bedrooms and
the bath, which is accessible from each.
The second floor plan shows slight
variation of arrangement which does not.
however. alter the size of the rooms.
Each rear apartment boasts of a We
randa also, although built at different
angle. The main entrance is from the
side. The apartments rent for SIS a
month.