davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-06-04
Retail Business Shows Some
Falling Off Compared 10
Previous Months and Last
Year; Caution Prevails

Continued improvement in the tex
tile and shoe trades is shown in the
June report Of business conditions in
the First Federal Reserve District, is
sued by the Boston Federal Reserve
Bank
Little change was shown in employ
ment conditions in May, compared with
April says the report, although unem-
ployment is believed to be less than it
was during the middle of the winter.
The New England textile mills, pro-
ducing cotton and woolen goods chiefly,
operated at approx lmately twot thirds
to three quarters of capacity during
the month of May, according to the
bank, while the production Of boot and
shoe factories as we'll as the leather
tanneries was less than that of tex
tiles. The metal industries remained
quiet, and the bank attributes this to
the fact that the automobile factories,
which use many of the metal products,
are operating at only about so per cent
of capacity. moderate revival was
shown in the building industry.
In April for the first time since the
period of dehation started, eight Bos-
ton stores reporting to the bank regis
tered decline in monthly sales, com
pared with the corresponding month of
the previous year. The Boston stores
reported sales at 1.3 per cent below
those of April, 1920, and sixteen stores
outside of Boston reported their sales
at 3.8 below April year ago.
"Ihose stores" says the bank
(which report the number of sales
transactions say. however that they
actually sold more articles this last
April than in April, 1920, indicating
that the difference in the dollar value
of sales is to be accounted for hv the
decrease in retail prices"
The same Boston stores 0veported
sales of per cent less in April than
in March, while the stores outside Bos-
ton increased their April sales 6.4 per
cent.
Retail prices" continues the bank,
remained fairly stationary during the
first three weeks of May, though some
stores found 1T necessary to make
further reductions in textiles, ready
to-wear clothing and furniture. Stores
are cautloning their buyers against
making their usual future commit
ments, and what little buying for fall
New-York tribune., 1921-06-04
Cotton Continues
Steady but Quiet;
Trend Uncertain
Sentiment of Traders Is
Mixed and Few Appear
Ready TO Take Stand; ;
Goods Are Less Active

Some further scattering liquidation
wns absorbed on slight early decline
in the cotton market and prices rallied
later on covering and trade buying
October deliveries sold up from 1880
to 1850, closing at 13.57c The final
tone was steady, with prices showing
net advances of 10 to II points.
Business was probably restricted to SOM"
extent by he holiday in the south At
any rate. trading WAS. extremely quiet dur
ing the entire day and generally speak
ing, the market showed steady under
tone, which suggested that scattering long
accounts had been pretty we'll tiqudatfd
on the decline Of the previous day.
Buyers found no encouragement In the
weather news, as there We're beneficial
rains in the Southwest. and conditions
elsewhere seemed favorable. According to
private cables. rumors We're circulating in
Liverpool that basis for a settlement o.
Lancashire wage disputes had been agreed
upon. There not much comment on
the news from the goods trade talr
volume OF business il believed TO be doing
at retail. but the turnover in print cloths
at Fall River comparatNe4N small,
and mill curtailment there continues. while
it is believed TO have heen increased in the
Carolinas by labor troubles.
The spot markets, rs officially reported.
were unchanged to IL points lower. most
OF the. markets being closed owing TO the
holiday
The local market for spot cotton wa"
quiet and 10 points higher at l29oc for
middling. No sales We're reported.
The range of prices.
New-York tribune., 1921-06-04
CO.PARTNERSHIP NOTICE
MOORE & sCHLEY.

The undersigned do hereby certify:
partnership heretofore formed and con-
Quoted under the mama of Moore & Schley
in the County of New York.
.. That the general nature Of the busi-
intended to be transacted is general
brokerage business in securities of ali kinds.
and all business incidental thereto.
3. That the names of all the general
partners and the special partner inter-
and their respective places Of residence.
are as follows:
Names:
Kenneth B. schley, Far Hills, N. J.
Henry p. Chiffon. oyster Bay. n. Y.
L. Martin Richmond Flushing, N. Y
Evander B. schley. Far Hills. N. j.
tributed as capital $10O 600 in cash to the
common stock of said partnership. no part
of which has been withdrawn.
5. That the said partnership is to con-
tnue from the first day of May, 1921, and
TO end on the 3oth day of April, 1924.
Dated. New York, April %. 1921.
KENNETH B. sCHLEY.
HENRY P; caILToN,
ARTHUR @MYLES.
ENANDER B. SCHLEY.
State OF New York. County of New York,
On this 2sth day of April. 1921. before
nY ns RY PsrsGqalIy nNRv came 2. KENNETH B.
TIN RICHMOND, ARTHUR MYLES and
EVANDER b. SCHLEY. to me known and
known to me to be the persons described
tihcate, and they severaly acknowledged
TO me that they executed the same,
PHILIP c. KEMP.
Notary Public, New York County: County
Clerks No. 344: Registers No. 1922.
tNotarial Seall
State OF New York. County of New York
ARTHUR MYLES, being duly sworn de-
poses and says: of the genera,
partners of the partnership of Moore &
Schley. The sum OF s100 600 contributed
to the capital stock of said partnership by
Evander B. Schley. the special partner, has
been actually and in good faith paid IN
cash, and no part of the same has been
Withdrawn.
ARTHUR 'MYLES
Sworn to before this 2Sth day of
April 1921.
PHILIP c. KEMP.
Notary Public. New York County; County
Clerks No; 344; Registers No. 1922.
New-York tribune., 1921-06-04
Buyers Arrived
FairchiId Service

ASHEN1LLE, n. c.
r. b. Zagier; c. Zagier, representing;
Pennsylvania.
NJ; Rich &. Bros. Co; J. A. McNair.
'''' '' BALTIMORE
b. Fleishman & Bros. B. Fleshman.
mems and women's clothing; 1161 B'way
siegel, Rothschild & Co. S. Rothschild
representing; 1875 5th av
Max Berkowitz dry goods and notions,
Grand.
Universal Clothing Co; w. j. o'Neil,
mems clothing; Continental.
Irving Dress Co; 1. Blumberg, dresses;
Breslin,
Greenwood & Sons; I. w, Greenwood,
wall paper; ,;p11r H1rsId lbs Square; pla co~~
STANLEY domesiics @ oqeS ond baniets Ian F. Keiiy
laces, embroideres and notions; f. j.
Godfrey, muslin underwear; Miss. NJ. Swift,
infants wear; 4o4 4th
BUFFALO, N. Y.
Franks &. Lochner Co; 3. Frank, mira.
young mems clothing; McAlpin.
CHICAGO
Phlipsborn; J. NJ. Rosenthal. ladies' and
misses fall suits; 912 BWay.
~ Shapiro. dry goods, shoes; Pennsyl
CLEVELAND
Green-Weiss Co; f. A. Green, coats,
SUITS PennsylVa MA.
Anderson Millinery Co; r. j. Anderson.
millinery; McAlpin.
LUMBUS, OHIO
F. & r. Lazarus Co.; c. Porter base
ment petticoats and muslin underwear; ;
DAYTON, OHIO
Dayton Clothing Mfg. Co.; j. f. Rich
ards. mfrs. bar and walters Jackets, ath-
letic summer underwear Algonquin.
DENVER
Golden Eagle ID. G. Co; A. P. Nelson,
dress and white goods; 1852 4th av.
Golden Eagle Dry Goods Co.; Mr.. Nell
son, jobs of silks, wash goods and wool
ems; Kirby, Block e Fischer, 352 4th ave.
DETROIT
Voge Co; S. Kraus. ready to wear; Nc
Alpin.
fContnueo en- next raue)
New-York tribune., 1921-06-04
BUS ess N G w 8
Textile Trades Improved,
Saws Boston Reserve Bank
Normalcy in Trade
Predicted in Fall

Business men in general predict
normal trade by this fall, accord
ing to replies received to cues
tionnaire sent out by the research
department Of the National Asso-
citation of Credit Men. The re-
plies were summarized as follows:
Buying is and must be largely
d-to-mouth all along the line,
until the price relationship between
commodities reaches nearer nor
NAL state Of relative values.
Willingness to accept lower
profits and wages would hasten
sterilization.
Normal business activity cannot
be expected until the farmers
purchasing power has been re-
yived
"The farmer cannot regain his
normal purchasing power until this
years crop is harvested"
New-York tribune., 1921-06-04
Commercial Credit

Another increase in past due &C
counts is reported by number of
wholesale credit men. The slowing up
of retail trade during April and early
May because of the unreasonable
weather is given as the principal
reason. With reports indicating a bet
terment in retail trade, the whole
salers are not worrying about these
past due accounts to any great extent.
However, it is known in wholesale
circles that some Of the smaller re-
tailers are in precarious financial cir
cumstances, and it is limited that the
crop of failures during July and Au-
gust may take an upward swing for
this reason
The commercial money situation was
unchanged yesterday. Commercial paper
continued to discount at r per cent
for the majority of new notes, with
some high grade paper going for less
and paper not so we'll known discount
ing at ~ per cent.
The American Acceptance Council
quoted the following discount rates on
prime bankers acceptances eligible
for purchase by Federal Reserve banks:
New-York tribune., 1921-06-04
Sugar and Coffee

Raw Sugar Futures-rhe range of pri
New-York tribune., 1921-06-04
Weeks Failures Decrease

A large decrease in the number of
commercial failures for the present
ported by r. G. Dun & Co. and
Bradstreet's, but, it is pointed out, al
lowance must be made for the holiday.
Bradstreet's places the number of
failures for the week ending June 2 at
160, compared with 315 last week, 100
in the like week of 1920, "a in 1910, 1853
in 1918 and $50 in 1917.
The number Of failures reported by
r G. Dun & Co. this week was
264, against 1856 last week and 315
two weeks ago The percentage of
those involving liabilities of $4,000 or
more this week was 53.4 against 5S
per cent last week.
New-York tribune., 1921-06-04
Cotton Goods Brisk

Excep eptionally brisk business is re
ported in some sections of the cotton
goods trade. One of the largest con-
verters in the business said yesterday
that his May sales had reached $780,
600, which compares favorably with
any month Of last year. For the first
two days in June his sales were over
$4,000 Profits, however, except on
a few of the speciality fabrics put out
by the house, have been small
In connection with speciality goods,
this converter has done a large bust
ness on fabric that is considered dead
by most other converters. He believes
that new and attractive patterns have
been the reason for his success with a
fabric that other houses find hard to
SaJI
New-York tribune., 1921-06-04
Exhibit Famous Diamond

The Maximilian diamond, once owned
by Maximilian, Emperor of Mexico, is
being. exhibited for the first time in
America in the jewelry and silverware
division of tho Bush Terminal Sales
Building by Phelps & Phelps, dealers
IN precious stones. The center stone
OF the diamond weighs 1914 carats and
the weight Of the seventeen surround
ing brilliants is about Is carats, uc-
cording to Norman Raudnits. Manager
of the icwelry and silverware division.
New-York tribune., 1921-06-04
e1uba Cane Sugar
Dividend Passed:
Break in Stock
Decline of 10 Points on Sale
of 1900 Shares as Direct
ors Announce Omission
of Preferred Payment

Directors of the Cuba Cane Sugar
Corporation yesterday passed the regu-
lar quarterly dividend of IN per cent,
due at this time on the $4,000 900 pre-
TERED stock outstanding. Almost inn
medlately following the announcement
cf the boards action in Wall Street the
price of the preferred shares broke 10
points from SO to 30 on single trans
action of 1900 shares. AT the closing
quotation of 42Sa there was q net loss
Tor the day of 10A points. The bottom
price was the lowest since the company
was organized in 1915 by a group of
powerful banking and financial inter
ests to acquire number of Cuban
sugar plantations and factories.
1he specialist in the stock on the
floor of the Stock Exchange explained
that the violent break in the price was
due to the fact that there were no
bids in the market after the stock had
touched so on earlier selling. How
ever, he had orders to sell "at the mar
ket' 1000 shares, WHICH were finally
taken by traders and>1ther buyers at
40. The specialist stated that had he
executed such large order immedi-
ately, or without shopping around the
floor of the exchange for bids, the de-
cline would probably have been worse.
He pointed to the failure of the stock
to rally much above AZ as evidence that
40 was not an unfair price at which
to sell block as large as 4,000 shares.
A formal statement issued after yes
terday's meeting attributed the passing
of the preferred dividend to the pres
ent condition OF the sugar market A
member of the exchange, speaking
informally of the boards action, said
that the decline in the price of sugar
during the past few daye had
influenced the decision. This was con-
sidered significant in view of the
impression in several brokerage offices
Thursday and yesterday morning that
the dividend would be paid. AS mat
ter of fact, in these quarters it was
said that this information came from
"insiders."
Another preferred stock that suf-
fered a severe decline yesterday was
that of the Pierce Oil Company. From
Thursdays last sale price of SO there
was decline ITO Sd, from which there
was a recovery at the close to SO, a
net. loss of 10 points. Specialists in
the stock declared that the conditions
surrounding this stock were similar to
those affecting Cuba Cane preferred.
When stock was offered for sale prac-
tically no buying orders were in evil
dence, with the result that bids had
to be sought by the specialist
Eben Richards, president, denied
there were any developments in the
affairs of the company to account for
the extreme weakness in the preferred
stock. He said that the directors would
declare the usual dividend due to be
paid on July 1 and that negotiations
for new financing were progressing sat
isfactorily. 1t is understood that this
will take the form of $4,000 900 note
issue and that Goldman, Sachs & Co.
will act as the bankers.
New-York tribune., 1921-06-04
s. O. of Indiana Acts
To Buy Midwest Oil

CHICAGO, June Stockholders of
the Standard Oil Company of Indiana
to-day authorized an increase of the
carital stock from 500, 100000 to $14O,-
000,00
The increase is partly to finance the
purchase of the Midwest Oil and Re-
fining Company. The remaining stock
will be offered to employees under a
coOperative ownership plan.
New-York tribune., 1921-06-04

ANDREW j. MCCORMACK, Auctioneer
REGULAR AUCTION SALE
STOCKS AND BONDS
BY ADRIAN III. MULLER Il SON
OFFICE. 55 WILLIAM STREET
WEDNESDAY,, JUNE s. 1921
at 1880 o'clock. at the
EXCHANGE SALESROOM
NOS. IA AND 16 VESEY STREET
For account OF whom it may concern:
$40 shs- The Fairbanks Co.. prefd.
SO shs. Seaman Hat Co. Inc.
Is sns. Bank of America.
shs. Bowery Bank.
10 shs American Exchange National
Bank.
90 shs Chemical National Bank
41 shs National Butchers &; Drovers
Bank.
175 shs C. F. Adams Co.. prefd.
so shs Troy Laundry Machinery Co.
S1oo, 900 Raritan Refining Corpn., 7Eo bonds.
shs. George c. Moon Co. SO prefd.
IL shs. George c. Moon Co. common.
$50. 900 kronens City of Vienna A u % bonds.
$50 55-100 shs. York Metal & Alloys
Co. prefd.
POI $500 shs. York Metal & Alloys Co.
prefd.
224 2-io shs York Metal & Alloys Co.
prefd.
90 shs Hirbon Textile Co, Inc. common
10000 Habirshaw Electric Cable Co., 10
bonds 1888.
New-York tribune., 1921-06-04
DIVIDEND NOTICES
NOTICE OF DIVIDEND.

Eas: River National Bank.
JUNG 2ud, 1921.
The Board OF directors OF This Bank has
to-day declared u semi annual dividend at
The rate OF / . per cent per annum on the
Capital Stock OF this Bank. payable on
suns seth, 1921. 10 Stockholders Of record
at the close OF business June goth 1921
''fransfer books will remain closed from
.Inae ?5th. 1921. 10 June seth, 1891 both
inclusive.
A. II GIBSON Cashier.
New-York tribune., 1921-06-04

that has been done is on very re-
stricted scale. Although some stores
admit the difficulty of obtaining desir-
able merchandise when buying on the
handto-mouth basis, they do not yet
feel enough confidence in the future to
make extended purchases"
New-York tribune., 1921-06-04
FINANCIAL MEETINGS
NOTICE or ANNUAL MEETING OF
'IATk HATIfI lRNInANrx II -

NOTICE or ANNUAL MEETING or
PLAZA HOTEL COMPANY OF HAVANA
holders OF this Company will be held on
The 18th day of June. 1921. at II O'Clock
IN the forenoon, az the office OF the COR
poration. 81 Wall Street. New York for
:he purpose of electng a Board of Direc-
tors. two inspectors to serve at all cleo
Tons of stockholders during the ensuing
year and receiving and acting upon the re-
ports OF the officers and for the transac-
ton OF such other business as may prop
erly come before tho meeting.
Dated June l. 1921
Il. II. BUTEHORN Secretary.
New-York tribune., 1921-06-04
Irregular Price
Trend Continues
On Curb Market
Fluctuations Are Restricted
Within Narrow Limits
as Interest in Trans
actions Still Is Small

Interest in transactions on the Curb
market continued small Yesterday,
most of the business being of pro-
fessional nature. Fluctuations were
restricted within narrow limits
Oils were irregular, the frmer tone
OF Thursday being lacking. lnterna-
tional Petroleum sagged below Is,
while Simms and Carib Syndicate
dropped fractions. Maracaibo worked
higher, however, advancing to %.
Glen Alden Coal gained y at AK,
and United Retail Candy advanced q
fraction at tx
New-York tribune., 1921-06-04
Cotton Statistics

Liverpool Cables-spot cotton quiet at
points advance; middline, 7.47d sales
American, none. Futures opened quiet at
2 to 4. points advance. Closed quiet at a
net advance of to points. July, 8.15d; ;
October, S.53d; December. S.7od January,
S75d; March 8.85d; May, 8.94d. Man
chester-Yarns irregular; cloths dull
Cottonseed Oil
Final quotations were to 20 points
net lower
The range Of prices:
New-York tribune., 1921-06-04
Ofcr or
THE UNITED GAS IMPROVEMENT co,
N ny tioruer Rraub ,,f, a r.t,

phiadelpha March 8. 1891
The Directors hSVo this day declared a
quarterly dividend OF ore and three guar
tsrs psr cont. tS1tzc per share) on the Pre-
feFrcd Stock OF tnis Company. payabic .Tune
.. 1s9l TO holders OF Prefer;ed Stock OF
record at Tho close OF busiaess May 81
1874 Checks will he mailed
/. ". NORRIS Treasurer.
New-York tribune., 1921-06-04
usines Troubles

Kiedrowsk, John and stephen
Levine, .Augusta-Ntl. Thread .
same-sea Island Thread Co,
Laeano. Rocco-N. z. & Stamford ''''''
Leehner, Rudolph-rowe;r: Mfg.
Novelty Co. ......,... 63o.s5
Mckenna, john. Donovan. $3.50
McCaskey, Donald-Kalish Phar
Msnsfh; ems - i JACOB: and Hyman
Weintraub Empire Woodwork
Co.)-1. Schulman 6: Son, Inc. 500
Molurg, Frank Ri. Acker. 370.4
N: Close & Co. :.....-...... 1917
Wheeler. George E. Behrens
and Henry +. Clark-Sames
Extension Corp. ............ 161o11
Nelson. Oaf-Packard Pleasure
Car Renting Co........:.,..... 1.oos5o
Perry Robert He E Thierry. $1,000
Raditzky John - Jaselson 6.
Scheck ................. 12s40
Renke. George P-W J Baker Co. 486.35
Rothstein Louis - Showers Ice
Cream Co Observation-Disclosures. 12446
ftosner, Morrls--l Gaumont. 1920
sandberg, Valentine-Bogota Fold
- ing Paper Box Co, Inc...... 343.4o
Simms James t Browning
Singer, Israei-Empire Fireproof
Door Co. Inc. ................ 1895
Laundry Co, Inc; costs. ....... 1905
Solomon, David-Klif Dress Co,
Ing, ............. 1850
South Norwalk Fur Dressing and
Dyeing Con- Shapiro ..... 2Oe1 90
Society, Waist Mfg Co, Inc--A
streicher. Isidor-C Lefkowitz.. $685.
Sha piro, Louis--D Brodsky 22s 70
Schlassberg h1i1fs Morris a. Samuel
Miller Interstate Parlor Fur
niture Co)-Star Dining Room
-, Chair Co. Inc ................ 35S s5
Thew, Robert G--I C Bracker 251 90
| md laIo
1-s;o Sc II Foster. .....:.. ...... 4.sO594
ssr"35s'Gs c35Pe eadin st sss .sss
Won der Lieth, John, and Louis
Ottman Uieth g. Co)-Spanish-
American Mercantile Agency,
wechser, Jacob1sM Cotton 35S 3Ss3a 90.
Wheeler. George M Henry c Nc
hlnlay, George E Clark and
henry Clark-Sales Extension
Wallis, Lyle G.. and Melville e II
Bettman9-C Foltz . 213 Al
VIA uailach Louls--T Seckel ct al. III so
| w aiker Memorial Profit Sharing
Corpn-M Newsuln. ........ @1e7 Al
"orsoe hnut, w. B.-Radio Corp.
WIFI, Gr America .,.;;-.:.. .......... 17o7o
amin & Kohn and Harry D.
1Levine-Iota Rice Mills Co,
sams-Fed,e:r'a.l Rice Mill Co. sS2sS
4lI.S3
In Bronx County
DDonal, Doma H. Arthpr-L 1q Rothmar; s2o272
Fausrhsts ,nsr,5ute .........; 1859
ca5,nsa Press a' Coz Inc. .......... 3s241
| Coidhecs h Foxman. 251.2I
Haas Ia ohqry; Inc. ..;;..;......... 42.41
| Hirsch i5o,vft, H'Ma. vi berkowitz. S2.72
cash Register Co.......... A., OK
Muller Sales Corp.--M. f. Hu-
scbnnla bgrrn os ct al l;;,.::......1..:... S5oo4
| Sha niro - ineh2aHIh-D Cohen 102.12
| oo!nmerfeld, Henr-Friedman &.
Tannsnb nfrgeb ,,,, 4o3 SO
unian nam PS Pkuf1nermM IN 80 Prodow -. 1247a
Ae4iy Observation-Disclosures. 144 oE
New-York tribune., 1921-06-04

81 a S3c, othe- Western and Sout ern.
gathered whites 27m32c: state. Pennsyl-
Nania and nearby Western hennery browns.
extra. 33W34c; gathered brown and mixed
coors, graded extras. soc; frsts TO extra
drsts "a a 25C.
New-York tribune., 1921-06-04

Southern Spot MISUNDERSTANDING, Vow
Orleans Savannah. Houston and Fort
worth holiday. Mobile, nominal, un
changed, at 10.75c; sales nil. Augusta
steady, unchanged, at ll.26c; sales, 456
bales. Memphis steady, unchanged. at
11.75c; sales, 600 bales. st. Louis quiet,
unchanged, at 11.75c; sales nil Little
Rock quiet, unchanged at lf50c; sales
1872 bales. Montgomery firm, IL points
lower at 1o.63c; sales nil.
New-York tribune., 1921-06-04
AUCTION SALES

I, JOSEPH FINK. AUCTIONEER. WILL
sell this day. A. NJ, at 1873 West 24th
St, all sewing machines. tables. motor and
complete dress shop, under chattel mort
gage made by the Rite-maid Dress Co. 10
Morris Syrkin. by order of attorney for
mortgagee
New-York tribune., 1921-06-04
Livestock Meats, Provisions

Yesterday. Year ago.
Live beef. fair to
prime, 100 lbs $3.50 80 $12.25@1375
sides, lb....... .12@ .l7h .1s@ 20
Live veals, com
100 lbs. ....... s.oo@1s5o 15.oo@1S 90
D es 8 d veal,
Live s''y yxes 81 100 is: s55S 55S so5 sS 3s
Dressed mutton,
city b. .o70 .12 1870 20
Live lambs fair
to prime 100
Dressed m 8,
Hss; sss 5So !s s5oS 5o 80 % :SS e
= bacon; lb. ..,,. :1sA @1aA .2Oh@ 81
Pork. Dbl ....,.. 24.00M2450 4l0O042 90
Mess beef bb... l6.o0Q18.0O i6.60@l80
Lard, d d lie
( West, ] 90 lbs. 9.45@ 9.55 2o.5o@2o 50