davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-11-09
NEW MUNICIPALS
TOTAL $6O,OOO,OOO
Recent State Issues Are for
S1O,OO0,O00-Public Offer
ings $4,000, 900.

WASHINGTON. Nov s.-Recent sales
OF municipal bonds In thirteen States
have totalled more than $4,000. 900 and
In addition s34.O00.OOo Of the securities
have been offered for sale. according TO
statistics made public to-day by the Ma
tional Unemployment Conference. In
addition S1o.oOo.00o In State bonds have
been sold and the same amount Of them
offered for sale. These figures It was
explained in a statement. were COM
piled In connection with studies made
OF the possibility Of Fastening public
works as measure Of relieving the un-
employment situation.
THE largest State bond SALE" the
statement said. was Illinois, Of $5,000.-
600 for highways. Michigan offered $4,-
100000 bonds, also for highways. and
$S,000.000 OF these had been sold when
the figures were compiled on October
81. The State of Michigan Is also Of
fering $10.000.000 In bonds for the SOL
diers bonus. Connecticut recently dis
posed of $2.000,000 In bonds. The rate
Of the State bonds was 1 per cent for
Illinois. for Connecticut, 5.5 for the
soldiers bonus Of Michigan. and SIS for
that States highway bond.
"A wider variance of rate was shown
In the municipal bonds. These ranged
from per cent. as in the Chicago Issue
OF $500. 900 for park improvements, to
per cent for the $1,0O0.00O In school
bonds being offered at Hibbing. Mimi.
but the majority were per cent. bonds
Public works. which 1t is hoped will
be erected or extended by these munici-
pal bonds, include highways. schools.
sewers. filtration plants, water works.
hospitals. parks, forest preserves,
bridges. lights. paving. court houses fire
department and police department equip
ment. streets and sidewalks. beach inn
provements and memorial Fairgrounds
1.-THE totals for thirteen States Of
municipal and township bonds recently
sold or offered for sale are:
The New York herald., 1921-11-09
INVESTMENT NOTES.
Northern Pacific Fir.t 4s.

Among the high grade long term rail-
road bonds are the Northern Pacific Ran-
way Companys prior lien first As. due
In 1897. which can be purchased to yield
a little more than 5 per cent They are
secured by direct or collateral lien on
h4S2 miles Of road. also on about
100000 acres of land grants. The
bonds are first lien on 4.770.7S miles
Of road. The only prior lien to them is
$7.705.000 OF the st. Paul and Northern
Pacif1cs first 6s,- due in 1923. Bonds
Of this issue have been reserved for the
retirement Of that obligation. The
mortgage under which these prior lien
IS are issued is closed and s110.132.0O0
Of them is outstanding. The sinking
fund has retired $11.51S,000 of them.
That fund provides that annually u half
OF the net proceeds from the sales Of
land granted, but not exceeding $780,
600, shall be used for the purchase of
these bonds for not moro than 110. This
Issue Is legal for savings banks In eleven
States, including New York, New Jersey
and Massachusetts,. It's quotations are
around So. which contrasts sharply with
its record high price. 1861. In 1920
the amount set aside by the Northern
Pacific for interest. &C, was $13.296.71o
in contrast to $12.S07.666 in 1919.
The New York herald., 1921-11-09
Pacific Telephone.

The Pacific Telephone and Telegraph
Company's first and collateral trust
sinking fund 5s. due on January 2. 1887,
should not be overlooked by investors
who favor investments Of their class.
They are selling for around 80 to yield
about per cent, but have sold as high
as 102 when the company was no tshow-
ing the earnings that II Is to-day. In
the first haIf Of this year its gross earn
ings were sf6.115.404 and It's net earn.
ings $3.16s.368 IN contrast 70 gross NJ
s14.523.991 and net Of s3.oi7,791 IN the
corresponding 1920 period. In the full
year of 1920 the company's gross earn
ings were sS6.4sS.139 and its balance
for bond interest, etc. S3,542,54b con-
trasted with gross Of s21. .255.47s and In
terest Of 81. 700. 900 In 1915. The bonds
are secured by first mortgage on the
Bell Telephone System in San francisco
and a.. second mortgage on what was
formerly the independent telephone svs-
tenn In that city and first lien through
deposit of per cent. demand notes on
the Bell Telephone System in California,
Oregon. Washington and Idaho. They
are redeemable ut 10 and interest on
January 2, 1922, or on any interest date
The company is controlled
by the American Telephone and Tele.
graph Company through ownership OF
q majority Of its capital stock
The New York herald., 1921-11-09
Northern states Power IS.

In 1917, when the Northern States
Power Company showed gross earnings
Of a little more than 100000 and a
balance for interest Of about s1,600.000,
its first and refundiug per cent. bonds
sold for as high at 80. They sell now
for around So TO yield more than $50 per
cent. The company's gross earnings for
the year ended on June 80 were nearly
$13.000,0o0 and it's bond interest ST.
242,S89. Since 1917 the company has
added to it's indebtedness only to the
extent OF about $4,000, 900 In new bonds.
The Northern States Power Company
has been one Of the most successful OF
the power and light companies operating
In the Middle West, The properties Of
the system comprise plants supplying
electric light and power to more than
290 communities In Minnesota. North
Dakota. South Dakota. Wisconsin. Iowa
and Illinois. Among the communities
served by Il are Minneapolis st. Paul
and Grand Forks and Sioux Fails, 8. d.
The company's first and refundiny bs
and 6s, due on April 1, 1s4f. are secured
by a direct mortgage on its system or
by deposit of its outstanding bonds and
stocks. There are outstanding S24,667.-
500 Of the 5s and 100000 Of the 6s
The bonds of this Issue are redeemabie
on any interest date prior to and IN
cludins April I, 1896. at 1o5 and interest
and thereafter at 1921 and interest
The New York herald., 1921-11-09
CRASH OF GUNS FOR
DIAZ AT NEWPORT
Italian General in Rhode ISL
and for a Three Days Rest.

NEWPORT, r. L., Nov. 8.-Nineteen
guns--a Field Marshal's salute-boomed
from the Naval Training Station this
afternoon In welcome to Gen. Armando
Vittorio Diaz. Italy's war hero, who
came here for a three days rest at the
home of q personal friend.
The General, who travelled from
Wexford on the destroyer Ellis, was
met at the Government pier by the COM
manding officers Of the station and of
Fort Adams and by the Board of Alder
men and representatives Of the Rhode
Island italian societies.
The party proceeded to City Hall,
where Mayor J. d. Mahoney extended
the clty's greeting. Tho General then
placed a wreath. given by local socie-
ties Of his countrymen, on the memorial
tablet to world war veterans In front
of the hall.
Afterward Gen. Dlaz was claimed by
his friend, DR.. George Cerio. at whose
home he will rest until Thursday. He
will proceed to Washington late that
day. II
The New York herald., 1921-11-09
Army Orders
Special Despatch TO THE New yonK HaALD
o-p' New Work Herald Burea..l
These army orders have been made publ

These army orders have been made public:
FIELD ARTrLLERY-MaJor Samuel Fran
Rerberger. relieved from Sixtccrth y. A.. at
tachcd to Tcnth r. A., Camp Lewis; report
to commanding Officer.
QUARTERMASTER'S CORPS-Capt. Lo-
renzo j. Cook. relieved general intermediate
depot. San Francisco. TO Presidto of Mon
terey. and report to commanding officer for
duty - quarterrnaster, relieving Capt. Lewis
Mesherry, who thus relieved will proceed 20
Ban Francisco and report 10 commanding Of
ficer general intermediate depot a. assistant
TO qnartcrmaster supply officer: Capt. Horny
l.. Hart. from Camp Pike. when services no
longer required. to Camp Lewis, and report
TO commanding general Third Division for
duty with Third Division train; First Lieut..
Herbert @. Mitchell. from Camp Pike, 90
Camp Lewis, and report 20 commanding
general Third Division for duty with Third
Division train; Capt. Joseph v. Smith, re-
lieycd Camp Pike. then Camp Lewis. and
report To commanding general Third Divi-
First Lieut.. w. v. y. Newbegin, relieved
Camp Pike. TO Camp Lewis. and report to
commanding general Third Division for duty
with Third Division train.
MISCELLANEOUS-C Theron q. Meth
Win. infantry, on leave at Eastpoint
Ca. viii report 20 comma nding general
Fourth Corps area, Fort Mcpherson, for
temporary duty. then TO Washington, and re-
port to Adtuiant- General. Capt x. @. Mead,
sixteenth Infantry, detailed ns Inspector OF
infantry. New, York National Guard: Lieut.
Col Edward Davis. special orders September
II amended. report 70 Chief OF Cavalry, this
city; Ccpt. .. G. Robins. 20 philippine
Islands
The New York herald., 1921-11-09
New York AIR Brake First e..

The New York Air Brake Company's
first convertible 6s. due on May /, 1928,
offer good yield as a short term IN
vestment. They are selling on basis
Of about 7.T0 per cent. at their current
quotations. around 81. and were issued
In 1908, but have not sold below sc and
have been dealt in for above 116. The
Issue is secured by a first mortgage on
the conpany's property on Beebee's
Island: comprising ten acres and con-
tanning thirty-four buildings. with water
rights on the Black River. and its East
plant, in Watertown. ". Y, comprising
sixty-six acres in which are eight iron
and brass foundries. office buildings
&C.. and all good will, trade marks
trade names, &c. The company's fac
tory has a capacity OF more than 1000
sets OF car brakes a day. It's earnings
in 1920 were considerably better than
they were in 1919 and It's balance for
interest last year was s4SZ.s40. or more
than two and half times its bond in
terest. in contrast to $fs0,0o0 in 1919.
The New York herald., 1921-11-09

ments to Government bonds and who
missed the market in the Libertys
would do well to study the situation OF
United Kingdom Of Great Britain and
Ireland's 51zs Of 1897. They have dis
played unusual strength Of late, but
they can still be bought for price to
yield better than 6 per cent, which is
considerably higher than the return
given by Liberty bonds from their pres
ent high prices. Great Britain's strong
commercial position puts her securities
among the most desirable investments
In the world. This loan amounted to
$143,5S7, 900 and was sold in denomin-
ations as small as 500. 1t Is particu-
larly attractive because It cannot be
called before its maturity. Most other
European government loans noated in
this country are redeennable before their
maturities. Great Britain always has
met her obligations In this country
promptly, and there Is always a ready
market for her securities.
The New York herald., 1921-11-09
$4,000, 900 POWER OFFERING.
Connecticut Company Issue Being
Sold to Return SIG Per Cent.

A syndicate managed by Estabrook
& Co.. and including Putnam & Co..
Hincks Brothers s. Co, Stone & Webster
and the Charles w. Scranton Company.
are Offering an issue of $4,000.o00 of the
Connecticut Light and Power Company's
per cent. cumulative preferred stock at
9S and accrued dividend, yielding SIG
per cent
The company supplies electric light
and power to an important Industrial
section OF Connecticut including the
cities Of Waterbury and New Britain.
It's gross earnings OF the year ended on
August 81, increased 10.7 per cent. and
its net earnings applicable to fixed
charges, 27.S per cent.
The New York herald., 1921-11-09
WASHINGTON's OFFICIAL NAME.
Harding Issues Executive Order
Fixing Capitals Title.

WASHINGTON, Nov. s.-The Adminis-
tration. after a period OF uncertainty.
has settled upon ''the City Of Washing
tom as the official legal designation of
the capital.
President Harding in an executive or
der Issued to-day directed that these
words be used In every legal instrument
executed here requiring any reference to
Washington. Hitherto prociamations
and similar legal instruments have made
reference variously to ''the District OF
Columbia" "the city Of Washington, or
simply washington" while President
Harding's Thanksgiving proclamation
recently issued was "done in the capital
of the United States.s'
The New York herald., 1921-11-09
BIGAMIST GETS TWO YEARS
G. l.. Fox, Former stock Salesman n
Admits Having Three wives.

SPRINGFIELD, Mass, Nov. S.--Clyde l..
Fox. former stock salesman. arrested in
Ramsay. N. j., on charges Of larceny by
means Of worthless checks and bigamy.
pleaded guilty In District court to-day to
the bigamy charge and was sentenced to
two years in the House OF Correction.
He Is wanted In Revere and II is be-
lieved In other places, on larceny
charges. He was married In September
In Bridgeport, Conn.,, to Springfield
woman. Miss Angelina Gath. II was
shown he already had two other wives
living, Mary g. Murphy. of East Boston.
and Nellie @. Keatley of Hollidaysburg,
Pa
The New York herald., 1921-11-09
HARDING HoN0Rs OLD FIGHTER
Invites Veteran of Custer's Com.
mand 20 Armistfce Ceremonsc..

OMAHA, Nov. s.---Peter Thompson q
rancher living near Albion. Mont. on the
Little MISSOURI River. ana said TO be
the only living survivor OF Gen. Custer, :
command. has been invited by President
Harding to attend the Armistice Day
ceremonies at Washington. It was re.
ported to-day.
Mr.. Thompson. In tho early pioneer
days In the West, was q noted scou,
and indian fighter. At the time Custer :
command was annlhilated In 1876
Thompson was several miles away on
scout duty.
The New York herald., 1921-11-09
NEW LAND BANK ISSUE.
Chicago Institution's Bonds Being
offered by Bankers.

Kissel, Kinnicutt & Co. are offering
new issue OF $2.500.000 of the First
Joint Stock Land Bank Of Chicago's 5N
per cent. loan bonds at 1929. They are
dated Nov. 1. 1921, and are due on Nov.
/, 1851. but are redeemable at par and
interest on Nov. /. 1881, or any OF their
interest dates thereafter. At their Of
fering price the bonds yield els per
cent. to 1891 and 57a per cent. for the
period which they may run afterward.
The issue is a direct obligation Of the
Chicago bank and secured by United
States Government bonds or first mort
cages on improved farms at not exceed
ing so per cent. of the appraised value
OF the farm, lands and 90 per cent. of the
appraised permanent insured improve
ments thereon. The mortgages are all
on farms In Illinois and Iowa. Addi-
tionai security is provided by the paid
In capital stock OF the bank and its ac-
cumulated surplus and principal.
The New York herald., 1921-11-09
schuyIxin valley Navigntion.

Stocks of the leased linSs OF the
Philadelphia and Reading Railway
Company, occupy q high Investment
pany. occupying high investment
position because OF the wide margin
OF earnings above rentals. bond inter-
est and other charges reported by the
lessor. The Schuylkill Valley Naviga-
ton and Railroad Conrpany's 3 per
cent. stock. guaranteed by the Philadel-
phia and Reading. yields q little 'ess
than per cent. at its current prices.
Its dividend, have been paid without
interruption since 1851. or during the
time OF its lease. The Reading Com
pany. which owns the Philade'phta and
Reading outstanding capital stock. owes
s1o2 800 Of schuylkill Valley stock.
That company was chartered on June
II. 1929. and began operations IN 1880.
It's properties were leased to the Phil
adeiphia and Reading for ss9 years
from July 35 1851. at AN annual rental
of s2e.45o equivalent to per cent or
its capital stock and taxes. The COM
many owns 1851 miles OF tracks from
Port Carbon TO Reevesdale. Pa. The
stock Is outstanding at the. rate OF
s2O.205 a mile OF track.
The New York herald., 1921-11-09
ROB wHIsKEY WAREHOUSE.
Burglars Get 72O Gallons Z
Bonded Goods I'm Indiana.

TELL CITY. Ind, Nov. s.--Burgiars en-
tered n warehouse here this morning,
took 720 gallons Of bonded whiskey and
made their escape after trying to burn
is empty barrels. Entrance was gained
through an air crate In the brick foun-
dalton OF the building. After the liquor
was removed coal oil was spread on the
empty barrels and lighted.
At bootlegging prices the liquor would
be worth about $4,000.
The New York herald., 1921-11-09
MILWAUKEE, ROAD FINED.
Must Pay $1,000 for Denying Em.
ployees Time 60 Vote. :

CHICAGO, Nov. S.-Thc Chicago, MIL.
waukee st. Paul Railway Company
was found guilty to-day Of refusing to
permit twenty-five employees to absent
themselves from work for two hours
with pay to vote In the primaries last
April
Judge Frank Righeimer IN County
Court fined the company 800 In each
OF the twenty-five cases. An appeal will
be taken. the company's attorney an.
nounced, to test tho law requiring en-
ployers to pay for the time employees
spend voting.
The New York herald., 1921-11-09
BRISTOL BONDS OFFERED.
Connecticut City Issue Being Sold
Through Syndicate.

A syndicate headed by Watkins q Co.
and Including Redmond & Co. and Kis-
sci. Kinnicutt 4 Co. is Offering a new
issue of $1.350,o00 of general improve
men3 per cent. bonds OF the city OF
Bristol. Conn.
$1,000. due serialiy. $4,000 in 1922 to
1851, inclusive. and 100000 in 1852,
They are offered to yield from TO 40
per cent. and are legal Investments for
savings banks and trust funds In New
York. Connecticut and other States.
The New York herald., 1921-11-09
DETROIT BONDS ON MARKET,

Keane. Higbie & Co., 12o Broadway.
are Offering $3e7.000 Of per cent. bonds
Of Detroit, Mich. OF the issue s259. 900
mature serialiy on Sept. 1. 1914. to Sept
1. 1880 inclusive. and are offered to
ferially on Sept. 1, 1927. to Sept. 1. 1929.
inclusive, and are offered to yield 8 per
cent. .
The New York herald., 1921-11-09

Totals for these States amounted TO
$60.S90,970 in municipal and township
bond sales and $34.706.4s5 In additional
bonds offered. The sales and offerings
Of bonds of the States OF :iiinois. Con-
necticut and Massachusetts are not In
cluded In these totals for municipalities
and townships"
The New York herald., 1921-11-09
KEYSTONE PLANT nURNs.

GLovERsvrLLE, Nc~. S.--A fire loss of
more than $4,000 was caused in the
plant Of the Keystone Glove Company
inc... by flames Of unknown origin.
which started during the noon hour to-
day while all employees were out Of the
building.
The New York herald., 1921-11-09
OFFER WEST VIRGINIA BONDS.
Sinking Fund Issue Is Being Dis
tributed Mt $3.50 and Interest.

tributed mt $3.50 and Interest.
Eastman. Dillon & Co. are offering a
block OF the State OF West Virginia. g
sinking fund 31a per cent. bonds. dated
Jan. I. 1919. and due on Jan. 1, 1889.
at $3.50 and interest.
The bonds are legal investments for
savings banks in New York. New Jersey,
Pennsylvania, Ohio, Connecticut. New
Hampshire. Vermont and Rhode Island.
They are exempt from taxation by West
Virginia or by any county. district or
municipal corporation thereof and free
from Federal income taxes.
The New York herald., 1921-11-09
Shopping Book Useful.

The Garnet d'aohdt, or shopping book,
which allows a lady to buy all she wants
and pay for her purchases on delivery, IS
popular. 1t Is also way Of economIzing
time and strength. but it does not en-
courage economy. 1t Is so easy to buy
what pleases the eye when one only has
to hand little book to the shop assist
ant and see her tear from it's leaves a
number, which she dabs on to the pur-
chase and scribbles something on the
book before handing 1t back to her GUS
toner. There is no waiting at the cash
desk, no struggle with the crowd to get
the parcel from the hands of the packer,
no difficulty in gathering UP change. All
Is easy and delightfnl-until the bill is
sent home. 1t is often much higher
than one thought it would be.
Remnant Day. and there is one O
week in all the big shops. Is much at
tended. Some make arrangements with
the shop assistants to keep them in
touch with the bargains Of the week. A
postcard arrives. which indicates that
there win be special advantage in COM
Ing to see crepe dc chine, tussore. or
some other material on a certain day,
and even the. most luxurious ladies are
courageous enough to rise early in Or
der to get the tirst choice. The strug-
gle at the counters is stern, and the
weak go to the wall.
Ready Made Clothes.
Ready made clothes are better in
Paris than anywhere else. They are
snartly cut and not Ill sewn. French
women used to shun the ready made
dress and costume, but now that dress
makers are so expensive, or SO mex
perienced. they fall back on the n,u0a-
sins de nonvedutes, where the rua de In
Paix models appear very quickly, made
in less expensive materials and at half
the price. From every big shop the de-
slgners are sent to races and places
where the new fashions are to be seen,
30 that they may be reproduced In the
workshops az they appear. There are
other more subtle ways Of finding out
what styles are going to be fashionable
before they actually appear. but these
are secrets OF tho trade.
The shop assistants In the big Paris
stores are all intelligent, capable peo-
pie. A side Of the work on the clerical
eide OF the business which shows that
with deals with returned goods. At one
shop 1900 clerks are employed to deal
with these parcels alone. Another side
Of the work Is that of the detective
force. Hundreds Of articles are stolen
every day. Men come In with old hats
and go out with new. Women slip
blouses under their capes, ribbons into
their bags, and handkerchiefs are easily
tucked away anywhere. The tempta-
ton Is great.
The New York herald., 1921-11-09
PARIS DEPARTMENT
STORES THRONGED
Happy Hunting Grounds OF
All Sorts and Conditions
of Women.

PARIS. Nov. 3.-The department stores
or naogdsins de nouvedutts are the happy
hunting grounds of all sorts and condi-
tions of women. from the workgirl in
her luncheon hour. to the millionaire
between and In the evening. The
remnant day is marked with a white
stone by thousands, hunting for bargains
is a sport OF which they never tire, and
to look at things they cannot buy Is an
amusement OF which they never weary.
The foreigner files to the big shops the
moment she arrives in Paris. and the
story of the lady who was xound by one
Of the custodians In the Louvre Museum
looking for blouses is not so fantastic as
1t sounds.
The Prfntemps, the Galleries Lafayette,
the Louvre, the Bon Marche. the Trols
Quarters are as well known in London
and New York as they are In Paris. The
management" provides for International
taste, and has staff of assistants which
can understand English and can serve
American citizens and British subjects
as easily as they can their own country
women. 1t Is notable that the women Of
other nations Italian. Spanish and--dare
one say?--German. speak French well
enough TO do their shopping in the Ian
guage Of the country.
All Kinds of Clothing.
There Is no article Of clothing which
cannot be found in these huge stores.
Every household need is supplied. From
needle to a kitchen stove. the Bon
Marche can supply the housekeeper's
wants, and can dress every member OF
the family. It Is indeed the family
shop, with reputation for solidity
which no other shop surpasses. The
Galleries Lafayette Is quite as compre-
hensive in its undertakings. but It be-
longs to younger school, and Is essen
TALLY OF the right bank Of the Seine. The
Louvre is Of the right bank. too, but ap-
peals also to the provinces. It is re-
nowned for its silks and velvets. The
Trois Quarters is a smaller sister, and
is favored by Parisians because OF the
many novelties in china which are Eng
lish In character.
Everywhere old furniture is sold. and
even In the peoples shops, such as the
Samaritaine and the Magasfns Dufayei.
the craze for old-fashioned styles is to
be noted. One sees rustic dining rooms
arranged as they are shown on the
stage. Marie Antoinette salons which re-
mind one OF Versailles. and Empire bou-
dolrs recalling Malmaison. Whether real
or Imitation. this furniture de-style is
high In price. To have a Norman or q
Breton interior within the walls of a
Paris flat is the fashion. The imitation
Louis XIV. is less q 10 mode than It was
few years ago.
The New York herald., 1921-11-09

United Kingdom oks Of 1897.
Those who restrict their invest