davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-08-08
NEW ENGLAND MFG. STOCKS.

Special Despatch 10 THE New York HERALD
Boston, Aug. 7.--Sales OF manufac-
turing stocks In Boston last week in
The New York herald., 1921-08-08
STEADY RECOVERY
IN BRITISH INDUSTRY
Stock Market, However, Ends
Week With Business at
Vanishing Points.
OUTLOOK SATISFACTORY
Dulness Is Considered Better
Than Spurts and Subse-
quent Reactions.
OUTLOOK SATISFACTORY

Special Gable to THE New York HERALD.
Copyright. 1921, by THE NEW YORK HERALD.
New York Herald Bureau,
London, Aug. Z.
The stock markets finished last week
In state OF general dulness owing to
lack of business, which fell away almost
to the vanishing point Only on one of
those rare occasions when there is some
thing Ito go for" are the markets active
The general tone was fairly good. but
business was at the lowest possible ebb.
Apparently it was thought in some quar-
ters that the end of the coal dispute
would bring a prompt recovery In every
thing financial and industrial, but this
having failed to occur the market has
been left to its own devices.
But a slow and steady recovery, of
which there fortunately are many trust
worthy indications, is much to be pre-
ferred to mere flash in the pan. The
financial situation from the industrial
viewpoint has undergone a decided inn
provement. and IL only Government
finances could be regarded with more
equanimity all would be WELL How
ever. 1t Is something to know that Brit
ish trade and industry are steadily re-
verting to normal and that one can at
last look forward with some confidence
to a happier and more prosperous
autumn.
The New York herald., 1921-08-08
Bank Balances Lesscned.

The money situation, while definitely
aimed toward a position of considerable
ease, Is not yet satisfactory for buyers
OF stock for the long pull" although
IL IL stimulating to the bond market.
In the first place the demand for funds
in agricultural districts. which Is coming
earlier this year than ii did in years
OF lower temperatures Is tending to pull
down bank balances at the larger
centres.
This was demonstrated last week In
decline or more than 5000, 900 in
member banks reserve credit with the
New York Reserve Bank. the transaction
evidently reflectlng the drafts made
upon the member institutions by corre-
spondents in the interior. This process
helped largely In forcing the call loan
rate at New York from 3ia per cent. 70
s per cent. In six days. The rate for
fixed period money in collateral loans
was also established rather firmly at
per cent after rates had been quoted
under this level
The state OF the money market has
direct application TO those investors who
acquire stocks partly on credit--and
they are legion when conditions promise
a satisfactory return. Buying OF this
sort always waits to be convinced that
business Improvement and movements Of
credit costs are more than ground swells
in an uncertain sea.
The fluctuations OF money rates have
50 far this year been too sharp TO CON
vince large buyers or stocks that real
monetary ease was az hand. but the
weekly statements OF the Federal Re-
serve banks are pointing the way And
the s4oo,ooo.00 and more OF gold i'm
ported this year carries It's own sugges-
tiou Of great credit reserves when de-
flatIon OK old loans Is complete.
The New York herald., 1921-08-08
FOREIGN EXCHANGE RATES.
WEEK ENDING AUGUST s.
LONDON.
Demand.
PARIS.

High, $4.0i. May 10. Low, 1884,
The New York herald., 1921-08-08
GREAT WESTERN POWER ISSUE.

+. II. Rollins & Sons are offering
$500, 900 Great Western Power Company
OF California first and rcfunding mort
gage per cent. sinking fund gold bonds,
series b. at s6 and interest, to yield 7.S3
per cent. The bonds are secured by a
first mortgage on the company's recently
constructed Caribou plant. which has an
initial productive capacity OF $4,000
horsepower and which Is capable of
increase to an ultimate capacity OF 1o2,-
900 horsepower
The New York herald., 1921-08-08
WEEKS RANGE.
CANADA.

montreal Funds in New York.
High, s107.50 Low. S106 So.
fNew York Funds in Montreal.
High, s123.13. Low, S12o
The New York herald., 1921-08-08

WEEK ENDED AUGUST 9. 1872

1921 ls2o
Year odate................. 103,760444 l429410Sh
Pueblo chieftain., 1921-04-15
GERMANY TO TRY
NEW PROPOSALS

Berlin. April 1t-CHavas)-Germ MIA
says today it understands the German
government probably will make use
of an intermediary thru whom 1t Will
submit new proposals to the allies
concerning reparations.
The newspaper adds that a neutral
power has offered to attempt to in
duce President Harding to intervene
with the view to bringing about re-
ncwed negotiations between the en-
tentc and Germany.
Paris. April 14.-Gcrmanye oblisa-
ton to the allies will lpes fiAed at be;
| tween 10000, COX. .Ooo and 150. 900. 900 .00C
gold marks by the allied rcparation
commission, says tho Echo de Paris.
Tho newspaper adds tho, exact figure
Will depend upon tho solution of ccr-
tain questions etill being considered.
In case Germany resists settlement.
the newspaper declares. 1t is accepted
by the allies that Franco will recall
two classes of recruits to tho colors
and occupy the Ruhr basin, which in
cludcs tho most important coal mines
and industrial plants in western Ger
many.
Pueblo chieftain., 1921-04-15
WEATHER TO BLAME
FOR WATER TASTE

Complaints from North Side residents
Thursday night We're numerous con-
corning tho bitter. nauscating tasto OF
water from the North Side mains.
From water works officials. II was
learned that tho condition of the water
is not due to negligence of tho clari-
flcation men at tho reservoirs as is
populariy supposed. the water is clar-
iicd and micro in tho water
arc killed by the addition of small
amounts of chemicals. Tho chemicals
used in Pueblo arc chlorine gas. chlor-
ido OF limo and iron. A very small
amount of these substances 20 out thru
the city mains normally. The residue
settles to the bottom of tho reservoirs
Tho weather. water works mon de-
clare, is to blanc for tho condition of
the North Side water. Tho high winds
Wednesday whipped up regular waves
on the reservoirs. and stirred up the
chemicals that had settled to tho bot
tom. As a result. tho water has a Bit
ter tasto due to the chlorine. II is dc
ciarcd to be nothing harmful. Tho
water Will resume normal condition
within n few hours. they state.
Pueblo chieftain., 1921-04-15
PUEBLO MAN LOSES
HIS STATE POSITION
Secretary Of State Mi,likcn Declare.
Offices OF vehicle Inspectors
Have Bccn Abolished

Denver. April t.-Eigh. motor ve-
hicle inspectors connected with the Of
fee OF the secretary of state were not
flied Yesterday by Carl s. Milliken,
secretary of state. that they will not
he connected with tho department az
ter April IL. The eight inspectors were
said to be Democrats. The offices MIR
Millikon explained in letters hc sent In
tho inspectors are abolished by a law
passed by the recent legislature. Th.
eight mon who will leave the states
service are;
j, j. Hickey. Montrose. y. w. .Iordon.
Palisades. William Kelly. Edward
Kelly. John kuskulis and John Mos
conf, all Of Denver; 4. ~. Schoon-
maker Of Greeley and ]. n. wintcrbot-
tom Of Pueblo.
Following the dismissal Of ~ish,
Democrats in the secretary Of states
Office Mort II. Bowen, secretary Of the
civil service commission. by n vote Of
the board. was notified today Of his
dismissal. to take effect Monday.
Mss Alice MoTcley. chief clerk Of
the OWL service commission. will sue
coed Bowen. William Roberts and
Nancy Kirkland, commission members
voted for Bowon's dismissal while
George Bradley. another member.
voted against 1t.
Pueblo chieftain., 1921-04-15
REPLIES TO
SEC. HUGHES NOTE
Is Considered Equal to Acceptance o.
the Principle Laid Down by
America

Washington, n. c.. April 14.-Tho
French reply to Secretary Hughes
notes on mandates. the only one. so far
received from any of tho four great
powers addressed, was made publie
simultaneously today in Washington
and Paris. II is in the form OF a let
ter from Premier Briant to Ambassa-
dor Wallace and is of preliminary
nature. NJ. BRAND stating fun re-
sponse could not be made until after
an understanding has been reached
between the governments of tho four
interested powers at the next meeting
OF the supreme council.
Administration officers said tho re-
ply was agreeable to the United
States and while not an absolute COM
mitment. was couched In diplomatic
language. tantamount, to "A recognition
OF tho principle laid down by Mr..
Hughes.
Paris. April 1A-Prcmier BRAND has
dispatched to Washington a note ac-
knowlcdginE receipt OF tho communi-
cation from the American state depart
mcnt regarding tho mandate over Pa
ci'ic islands north of the equator which
WAS given to Japan.
Tho prcmicr's note says repre-
sentative OF Franco will. takc up tho
question when II comes before tho su-
prcme allied council. with the mos;
ardent desire to find solution giving
satisfaction to the United States
After acknowledging receipts of tho
American communication. Premier Bri-
and's note says
] have tho honor to acknowledge tho
receipt OF tho letter dated the fourth
OF this month by which your cxcelicncy
was good enough TO transmit to me
memorandum from tho department OF
state relative to tho status of the is
land of Yap.
Tho memorandum. being addressed
to Great Britain. Italy and Japan sim
reply cannot be made
until after an accord between the gov-
crnments of the four Interested pow
CONTINUED on P.cc Tvo)
Pueblo chieftain., 1921-04-15

SANTAFEEMPLOYESTOHOLD
COMPARISON WAGE REDUCTIONS

common laborcrs. the railroad brother
hoods. clerks. and subordinate Of
ficials. The common labor conference
was held during the month OF March. /.
no agreement could be reached and
tho case is now before the labor COM
mission at Chicago.
A bulletin sent out over the sigma
lures OF officials of the western and
eastern lines OF the Atchison, Topeka
and Santa F'e. Rio Grande. FL Paeo
and Santa Fc, Panhandle and SAINT Fe
Grand Canon Railway company. the
santa Fc shops at Topeka, and other
allied lines. gives notice of this scrics
of cmployer-cmployc conferences TO be
hold in the Topeka offices. 1t Is
dated from Topeka. April II.
Time and date OF conferences ac-
cording to the bulletin are-April Is,
structural forces, except common
labor: April ae, 10 a. m. clerical and
station forces. except freight handlers
and common labor: April -. 10 n. M.
signal department employees except
foremen. assistant foremcn and in
spectors: April IS, 10 a. M. shop en-
ployes except supervisory forces. April
90. same hour. telephone. telegraph
employees. agents and lcvcrmen: April
40. snme hour. stationary engineers
and boiler room employees: May :.
same hour, train dispatchers. May .,
y. m, Sardmastcrs and assistants
May :, train and parlor car portcrs;
May Z. 2 p. m, miscellaneous cm-
ploycs: May 4. engine service mon:
May 3. train service men. except yard
service; May 6, yard service employees;
May {. shop supervisory forces, signal
foremcn assistants. and signal inspec-
tors.
Numerous representatives from the
Pueblo division OF the western lines OF
the railroad will attend tho conferences
IL is understood here. Tho general at
titudc OF employees toward the proposed
wage cut has not been announced It
is thought likely. however. that IL will
be impossible to reach agreements in
conferences satisfactory to both sides.
and recourse to tho labor commission
is expected to result, with the prob
ablc delay of months before tho wage
reductions actually go into effect.
Pueblo chieftain., 1921-04-15
SENAT'ETALKS
TREATY WITH
COLOMBIANS
Payment Of Big Sum Ad-
vocated As Measure
Of Justice

Washington. D. C.. April 14.-Pay-
ment to Colombia of $c6. 900 as pro-
vided in the Colombian treaty was ad-
vocated in the senate today as meas
ure of justice and a moral obligation
and attacked as without justification.
Senator Pomerene of Ohio. opening
the fight for ratification for the Demo
cratic side declared justice demanded
that Colombia be compensated for the
loss of Panama thru events in which
the participation by the United States,
he asserted could not be defended
Ratification was urged by Senator
Knox. Republican of Pennsylvania,
because the United States was NOR
ally bound to compensate Colombia not
for what she lost but for what we
gained"
Taking issue with Senator Pomer-
enc. he asserted that the course of the
United States squared to our rights
and duties of the governing rules and
principles o. international law"
Declaring ratification would put the
brand of shame on Theodore Roosevelt.
Senator Borah. Republican of Idaho
declared the moving force" behind
Panamas revolt was mot Theodore
States government but the people Of
Panama
1T is difficult for me to understand
how We can purchase the friendship
of any nation Senator Borah said in
referring to the argument advanced
that ratification would bring about
cordial relations between the United
States and Colombia. He suggested
that IL the United States was seeking
to obtain Colombia's friendship thru
the S25.ooo.co0 payment that be written
IN the pact.
Senator Borah declared I'VE are
hastening to conclude a treaty with
Colombia while We draw back from
recognizing soviet Russia and yet I
dare any one to cite any crime commit
ted in Russia Under the soviet regime
under Colombian dictatorship"
Defending the course pursued under
President Roosevelt, Mr.. Borah de-
ricd that the United States aided in
bringing about the separation of
Panama from Colombia and said ne
WAS convinced the golden thread
running thruout waa more money"
on tho part OF Colombia ~
The United StAtea was noe . con-
spirator." he continued.
Roosevelt did not become = common
sdventurer. John Hay was not a liar.
Shortsightcd duplicIty and vcnal policy
OF Colombia aided Panama. We owe
Colombia nothing"
Another treaty should bc made. ne
raid N American citizens have ac-
quired oil interests In Colombia that
need protection.
TO ratify this IL TO confess the
charges made against us he said
Discussion tomorrow Is expected TO
hc given over almost entirely to Re-
publican opponents of ratification with
Senators johnson of California and
roindextcr OF Washington. on tho lis,
OF speakers.
Pueblo chieftain., 1921-04-15

Wage reductions for subordinate Of
ficials and craft employees of the
Atchison, Topeka & Santa Fe railroad
proposed by controlling officials at 20
per cent, cannot go into effect before
n series OF conferences to be held at
Topeka, Kansas. between the dates OF
April IS and May I. These conferences
II WAS learned here Thursday, will be
held between Santa Fc heads and
craft Representatives. In tho event
that satisfactory settlements cannot
be obtained thru these conferences.
disputes must he referred to the labor
commission at Chicago for decision.
According TO approximate figures
obtained at the Pueblo offices OF the
railroad Thursday afternoon. the en-
ployes of the Santa Fe who Will ne
affected by impending wage action IN
tho Pueblo division extending from
Denver to La Junta, number something
over 1000. There are Approximately
$50 train employees. 900 shop men. and
n traffic force OF less than 100. These
figures arc cut down to bedrock.
Pueblo officials stated. and represent
the actual working force at tho pros
ent time. and are considerably under
the total forcc working during fhe
normally busy season.
Proposed wage reductions have now
been made for all Santa Fe employees.
Pueblo chieftain., 1921-04-15

minutes duration. coming from the
southwest. In sweeping thru Boone it
lcvelled long lumber shed, the prop
erty of the Chas. Jones Lumber com
pany, and tore down half dozen or
more telephone poles. The damage to
the lumber shed is estimated at from
5000 to $500.
Continuing to the northward, a large
barn located one mile north Of Boone,
tho property of w. l.. Russell. a mer-
chant of the latter place. was un-
rooted. The tenants of tho ranch how
ever, arc said to have escaped injury
At tho Bishop place. small barn
as well as the house. four or five
room structure. was rszed. 1t is there
mat the cyclone apparently reached it's
greatest proportions
Mrs. Bishop is said to have been in
side the house when the wind struck
and to have been injured by falling
timbers.
Damage to the Bishop place i. e.,i-
mated at $500 to 81 900 1t is reported
that no stock was in the barn at either
inc Bishop place or at the Russell
ranch
At Nopesta. almost directly east Of
boone. heavy hail storm was re-
ported yesterday afternoon. No damage
OF extent could he learned. and al A
iate hour last night. tho hail is re-
ported 10 have changed to a steady
rain.
Pueblo chieftain., 1921-04-15
NATIONAL AGREEMENTS OF RAILROADS and
employees ARE ORDERED ADVOCATED lilly |

Chicago. III. April fi.-CEy The AS
sociatcd Press)- National agreements
defining working conditions for ON
ployes or all American railroads form
erIy under the federal railroad ad-
ministration today were ordered abro-
gated effective July L. by the railroad
In Dor board.
The board called on the officers and
system ORGANIZATIONS of employees Of
each railroad to select representatives
Ito confer and to decide" as much of
the rules controversy as possible.
such conferences shall begin at the
earliest possible date. the decision
aid. While tho decision did not spe-
cifcally say so. members of tho board
said that all Disputes as to rules and
working conditions automatically
were referred back to individual CON
Pueblo chieftain., 1921-04-15

board will promulsa,e such r,,;..
IT determines just and reasons bic ss
soon after July as is reasonably pos-
stble and will make them effective as
OF July -
me sixteen principles outlined by
the board were drawn up by Ueprv r
hunt OF the public group and upheld
tho right of the employees to Organise
Tor lawful purposes, the right Of em-
ployes 10 negotiate thru their own
representatives, tho right ~ seniority
and the principle OF the eight-bo,Ir
day. II was specified that eight hours
must he given for eight hours pay"
Espionage should not he prscticed BY
either side. the decision said and em-
ptoyes representatives should have ths
right to make an agreement applying
to all employees in the craft or class OF
the representatives.
Pueblo chieftain., 1921-04-15
DRAKE NOMINATED
FOR lANO OFFICE
President Harding Sends Ldsta Of
Nominations To scnntc for
Ratification

Washington. April t-Nominat a ttoos
OF George Harvey of New York, to be
ambassador TO Great Britain and
Myron Il. Hcrrick, Ohio, 10 be ambas-
sador to France, werc sent to the sem
ate today by President Harding.
~, the same time the president
transmitted more than thirty names Of
mon he had given temporary appoint
mcnts while congress was in recess.
Tho list included the name of John ].
,n ..ssh OF Wisconsin, to be a member OF
the interstate commerce commission,
whose confirmation was held up by
opposition at tho last session.
Among tho now nominations ware
A. u walton. to be United States al
torncy for tho district of Wyoming.
Charles II Voris, OF Monte Vista.
colorado, 10 hc register of tho land Of
ficc at Del Sortc. Colorado
Joseph Montgomery, TO be rcciater Of
tho land office at Lcwistown, Mont.
Albert Haicn 10 be register OF the
land office at vcrna,. Utah
James Frederick Drake. to be regis
tor of tho land office at Pueblo. Colo.
Charles G. Dawes OF Chicago. WIN
served as brigadicr general in the
American ESpeditionary force and re-
Gently headed committee which in
NcstiEatcd governmental relations to
service mon. was nominated for tho
rank OF briEadier general in tho of
ficcrs reserve corps.
The following were nominated to bA
roceivors of public moneys:
Mrs, oddic Lcfshurst Mt vernar,
Utah; William Ashley at Cocur
p'Aicnc, Idaho: Harry r. Grior at
Carson City. Nevada, and Roy Henry
Fuller, a Havro. Montana
The president also sent to the senate
the names OF captain Julian l.. Latt-
mer to he Judge advocate general Of
the navy. and Of Captain David Potter
to be paymasicr general OF the navy.
Tho list OF promotions OF general Of
fccrs of tho army was not transmitted
however. IT was indicated that this
list would go forward within few
days
Pueblo chieftain., 1921-04-15

fcrcnccs between each individual road
and its employees.
This method Of procedure had been
sought by the railroads whereas tho
labor side had favored n national con-
ference between representatives of all
union roads and all unions.
The decision affected all railroad er-
ployes except those in train service
who are under separate agreement bc-
tween tho railroads and the four big
brothcrhoods,
In connection with tho conference
negotiations tho board laid down sct
of sixteen principles which are to
serve as n foundation for any rules
which may be agreed to. The present
general rules hearing before the labor
board. in progress since January 10
will continue both sides have compIct =
cd their testimony following which the
Pueblo chieftain., 1921-04-15
Shoup Names Gam
On Highway Board

tho good roads committee Of the
Commerce club and is at present, also
secretary Of the National old Trails
Highway association. having under his
supervision all Of that highway from
Inc Kansas line westward to tho Pa
cifi, cons. 10 was also active in the
organization and operation Of the
spanish Trails association. that built
tho highway over Wolf creek pase. and
tina, was finished three Ncars aEo..
Diroctly following tho completion OF
that road he held the office of presi.
dent for one year declining second
term Also, he Is at present president
of the Commerce club.
Mr., Gam stated that tho appoint
mont was made IN person by tho GOV
ernor at his office in Colorado
Springs.
Pueblo chieftain., 1921-04-15

q. l.. l.. Gam. while in Colorado
Springs yesterday morning. received
the first appointment made by Cover
nor Shoup to a place on the newly
created highway advisory board of the
state.
Sir. Gam is the member appointed
from the Arkansas Valley district.
comprising eleven counties tributary
TO the Arkansas Valley. and containing
within 1t the northern part of tho san
Isabel National Forest. Both the
Commerce club and the Rotary club
had within the past week endorsed
him for the appointment.
During the past dozen years or more
Mr.. Gam has beer active in tho good
roads movement. not alone of this sec
tion. but nationally For more than
five years he has been chairman ct
Pueblo chieftain., 1921-04-15
DEATH TOLL FROM
TORNADO NOW NINE

Mckinney, Texas. April IL The
death list from yesterdays tornado at
Melissa had reached ninc at noon to-
day accordyg to list compiled at
Mckinney, where the dead and in
tured wcrc brought. Tho city hospital
here ~ nlled with injured. while private
homes were caring for other victims.
Seven of tho dead were negroes.
Pueblo chieftain., 1921-04-15
One Life Is Lost
In Hotel Blaze

Santa Barbara, Cal, April 14.-Char-
red bones, identified as those of a
human being, found in the Ambassa-
dor hotel ruins this afternoon indicate
that at least one life was lost in the
fire that destroyed the his hotel late
yesterday.
Firemen reported they saw a man
run into the hotel and did not see him
come out.
Pueblo chieftain., 1921-04-15
HIGH Wind CAUSES INJURY
TOWOMAN NEAR BOONE and
Much DAMAGE TO PROPERTY
Mrs. Adah Bishop Is ctim-Lumber Shed at Boone
Leveled and Several Barns
Are Unroofed

Mrs. Adah Bishop living 3 miles north of Boone was serious
injured when her home demolished by cyclone that swept
o'clock.
Late Thursday evening Mrs Bishop whom reports Boone
injured around the chest and head removed to Pueblo
for medical treatment.
From Boone said that the Of only or len
Pueblo chieftain., 1921-04-15

Minneapolis. MINI. April II. For
tho first time in almost seven years,
nour sold under IS a barrel at the
mills here today. ono OF the large
mills reduced its quotation for family
patents from $. 20 to 1920.
Today's range for family patents
was 800 to ISIS when sold in car lots
In 2s pound cotton sacks.
Pueblo chieftain., 1921-04-15
WHEAT PRICE DROPS
TO LESS THAN DOLLAR
Flour Brings Ir>s Than So 90 n Barrel
On tho Minneapolis
Market

Kansas City. Mo. April N-wheat
for July delivery closed below a dol
lar u bushel today for tho nrst time
since 1916. Today's closing price was
aS cents. a drop OF Ia cents since
yesterday.