davidaulloa/AmericanStories huggingface dataset:
Tombstone epitaph., 1921-07-24
FORMER MEMBER OF
WHiPPlE BARRACKS
DIES IN NOGAIES

Ss6S
NOGALES, July PIN. ]. Rosen-
water of Tucson was found dead in a
hotel here az noon today. Rosenwater.
who arrived here Thursday on the
stage from Tucson. apparently had
been dead for thirty hours when his
body was found.
Near his body was found small
bottle, from which the label had been
removed, and a note which was writ
ten on the back of letter from the
bureau OF war risk insurance. The
note gave the address Of relatives n
New York and asked that they be no
titled in case he died. II also asked
that he be buried in a Hebrew, non
sectarian cemetery II he should Gle.
Tombstone epitaph., 1921-07-24
FROM SAN JOSE

FROM SAN JOSE 2c
H. NJ Eckerman, the highway build.
er. who is now sojourning in Califor-
mia via auto. is in San Jose. where il
is generally so hot one can fry eggs
there on the pavement, but Mr.. Eek
erman says it's so cold, not above 80
degrees for ten days that he guesses
he will have to come back to Arixona
TO thaw out. Mr.. Eckerman is no:
overly impressed with California. n
fact 1t would look from the following
that he is not impressed ~ all. ~ he
writes: This country looks good In
pictures. but has a. many drawbacks
a. Arizona has prospects," and we
win say that Mr.. Eckerman b . man
Of close scrutiny and good judgment.
Tombstone epitaph., 1921-07-24
WILL ISSUE PERMITS

GLOBE, July 22.-Camping and fish
ing will not be denied visitors to the
Apache reservation in the White
mountains. An order curtailing these
privileges was issued this year for the
first time by Superintendent Davis. A
telegram from the state game warden
said an order from the Indian commits
s!oner had restored these privileges.
Tombstone epitaph., 1921-07-24
FINED $25 ON CHARGE OF
STEALING GOVERNMENT WOOD

DOUGLAS, July 22.-Jesus Ramirez,
arrested last week upon a charge Of
stealing government wood near the
railroad tracks, was fined SIS in a
trial before Judge w. c. Jack this
morning.
Ramirez maintained his innocence
throughout the trial. He paid his fine
and was released.
Tombstone epitaph., 1921-07-24
YOUNG MAN DIES OF
THIRST ON DESERT

PHOENlX. July 22.-Murray Bry-
ant, 20 years old, an employe on the
Clanton & Lyall ranch, 2s miles north
of Aqua, Celiente, was found dead
Monday by fellow employe, accord
ing TO telegram received yesterday
by Elmer Clanton. The message was
sent from Aztec and contained only
the information that Bryant had del
from thirst. Deputy Sheriff Fred
Meeks and Earl Lyall left Phoenix
yesterday afternoon TO bring the body
TO Phoenix. The ranch is 90 miles
from Phoenix.
Tombstone epitaph., 1921-07-24
FORMER OWNERS
ELATEp OVER FIND

A letter from Mr.. and Mrs. Frank
inters, from Los Angeles, who owned
the Solstice mine before il was taken
over by the local company, states that
they are elated over the discovery of
ore on the property. The letter reads:
I'VE have just read in the Prospec-
tor that they have made rich strike
in the Solstice mine and we are inst
a. elated a. the owners and hope that
the gentlemen who were not afraid to
take . chance vim Zach make . mil
lion. Mr.. winters has always been
confident that some day the Solstice
would make . wonderful mine"
Tombstone epitaph., 1921-07-24
FRANK FREE BADLY
WOUNDED IN FIRST
HUNTING ACCIDENT

PHOENIX. July II frank Free
automobile salesman. is ir a serious
condition at Sisters hospital as re-
suit of gunshot wounds sustained on
a hunting expedition yesterday morn-
ing. He will recover, hospital attend.
ants declared last night.
Tombstone epitaph., 1921-07-24
SONORA FLOUR MILL
RUNNING NIGHT AND
DAY IN AQUA PRIE1

DAY IN AQUA PRIETA
DOUGLAS, July z3-The 75-barrel
flour mill in Auga Prieta, owned by
the Sonora Mercantile company, is
running both night and day, according
to Milard Haymore. who says the mill
is unable to supply the demand for the
product.
Wheat from the ella and Salt River
vayyers, as well as grain from north
ern Sonora 10 being used at the mill.
Victor Holding. who until recently ran
mill ct Stafford has arrived here to
take charge Of the Aqua Prieta mill.
Tombstone epitaph., 1921-07-24
WON'T PAY FOR OVER
TWo-WEEks' VACATION

| PHOENIX. July 22.-Carryins out
his announced policy of refusing to
approve salary warrants covering
more than two weeks vacation period,
Governor Thomas L. Campbell has adj
vised the state auditor to hold up the
claim of Miss Fern johnson. assistant
TO the corporation commission.
Miss johnson left Phoenix on June
-, TO take a six weeks summer
course al one of CALIFORNIA; univer.
sites. Her claim on July I was ap-
proved by the chief executive, but her
second warrant, presented on July Is,
was turned down.
This is the first warrant that has
been turned down by the governor
since he sent a notice to all depart
ments. that in view OF economic con-
ditions. the spirit of economy should
govern the state departments
Miss Johnson, whose salary is sl65
month, is the daughter OF David r.
Johnson chairman OF the corporation
commission, and niece of d. r. John
son, rate expert OF the commission.
APACHE POWDER PLANT
CEASES CONSTRUCTION
Tombstone epitaph., 1921-07-24
ASSESSMENT ROLL ABSTRACTS
FILED BY THREE COUNTIES

PHOENIX, July zl.--Abstrac; o. as.
sessment rolls OF Pima. Yuma and Mo
have counties were fled with the state
Ia commission today. The commits.
mission now sas received copies of
the assessment rolls rom ten OF the
fourteen counties In TIE state The
valuation placed ON assessable proper
ty in Pima county was given as $751;
s1S,24s. The Mohavs county roll 10.
tailed 1906, 7Ss. Yuma county's
assessable property was valued at
ssl,ss1,s1s.
drilling.
Linden-Local men developing -.
Tombstone epitaph., 1921-07-24
HEAVY RAINS STALLS CARS

DOUGLAS, July 22.-TOurIsts reach
ing Douglas today from the east tell Of
a very heavy rain in the vicinity of
Rodeo. New Mexico, and this side last
night. A number OF automobiles were
stalled in the mud and one party told
Of being caught in an arroyo by rush
Of waters from the mountains which
almost entirely submerged the engine.
A good rain fell in Douglas early this
morning and il is now that all sections
Of the county have had sufficient rain
to start grass growing and to fill all
the water tanks.
CHARGE OF MURDER
IS FILED AGAINST
WITNESS OF CRIME
PRESCOTT, Ariz., July 22-Chas.
Beaver was arrested this afternoon
on a charge of murder in connection
with the death OF Undersheriff Ed
Bowers, Of Yavapai County, here on
July i. Beaver was arrested here as
he left the courtroom where he had
just secured his release from custody
on writ Of habaes corpus. He had
been held since Bowers death, as a
material witness to the killing Of the
undersherin.
Bowers was killed as he was at
tempting to arrest Frank George at
the latter's home. Beaver, accord
ing to the County attorneys office.
was in the George home when the Of
ficer was shot, on the night Of July
I and the county attorney had him
committed to the county Jail a. q ma
terial witness. Since then Beaver had
made two attempts to secure his re-
lease on . writ Of habeas corpus, the
first attempt having failed.
Tombstone epitaph., 1921-07-24
MANY YEARS


After many years idleness the State
Of Maine IL now being worked and
water from the Huachuca line is de-
livered there through pipe line tina.
is made up in part Of two and enc
half inch pipe part way with the bal
ance two-inch pipe. The largest line
ever in before was a three-Quarter
inch. It Is intended to help the leas-
ors along the jine who want small
water supplies and with that end In
view Critchley and Ivey were cut tn
on the State Of Maine line this morn
ing, according to Manager Gardner of
the company.
Tombstone epitaph., 1921-07-24

Chandler Contract let for compile
ton Of high school
Tombstone epitaph., 1921-07-24

H0Ibrook = Breckenridge olbr6ok
Syndicate completing plsns for active
New-York tribune., 1921-01-26
|. c. c. Orders Increase
In Montana State Fares
Action Similar to That in New
York and Illinois ON the
New Rate Basis

WASHINGTON. Jan. 25.-State pas
senger fares in Montana were ordered
to-day by the Interstate Commerce
Commission to be raised to the same
level as those prevailing in interstate
commerce. The commission said rates
new in effect Disseminated against in
tcrstate commerce.
The increased fares, which also apply
to Pullman and excess baggage charges,
Will become effective on or before
March 9. the commission ruled
The Montana case was similar to
those of New York and Illinois, in
which similar rulings were made.
Contention was made by the State
Utilities Commission OF Montana that
passenger fares in that state had been
at cents mile previous to the period
OF Fedora control, and that the Inter
state Commerce Commission had no
power to act n til he courts had de-
termined where the right to increase
iGres wa vested.
The Federal commission in its de-,
cisicn said that the increases in state
fares were prevented by the State Of
Montana and that the carriers were
within their rights in app wing TO the
commission for aid. 1t accordingly or
ders the rates authorized last A-gust
ir Interstate commerce be put into ef-
feet, the transportation act granting
such authority to he commission
whenever existing state rates work as
discrimination against interstate
commerce.
New-York tribune., 1921-01-26
Pearl Necklace Makers
See Little Depression

The period Of depression which was
prevalent in most trades last year was
hardly perceptible in the pearl neck
lace industry, according to leading
trade nen. They are of the opinion
that when the figures for last year
have been compiled they will show com
paratively little recession from the
figures for the epoch-making year 1919.
Manufacturers contemplate no reduc-
tion in the price of pearl necklaces.
1t is their opinion that the reductions
which have been made can be attrib-
uted to small dealers who have been in
need Of ready cash and were willing
TO sacrifice on their pearl necklaces.
In commenting on the probability of
price reduction, Mr.. Karpeles, maker
Of La Tausca pearls, said, 1--WE can see
no reason for decline in the price.
of high grade imported pearls. In fact,
ample evidence To the contrary does ex-
lst, and we are so sure Of our ground
that w have guaranteed our product
against q price Decline"
Reports from the statesmen of the
Karpeles Company, who have been on
the road with their spring sample lines
since January 3, show that there has
been no abatement in the demand for
Dcarl necklaces
New-York tribune., 1921-01-26
Is us ines S n e W 8
NailE Owners Withdraw Offers
Of Cotton Goods; Hold Prices
Predicts Neao Normal
Ab0ve Present Level

Frlces IN general are corninp closer
70 'ne normal level than they were in
the latter part of 1920, according to
Frederick Hacker, of Freder;ck
Hacker & Co., manufacturer of laces
ana embroideries, but he interprets
tins as meaning that the new normal
VIII be above the pre-war level and
above prevailing prices.
1T is foolish to think that nrices
can recede to pre-war levels, he said
yesterday, cor that they can be main
tanned where they are to-day. Az n
matter OF fact, the low level of nrices
reached in December was caused -
q large extent by the desire to cstab.
hsl losses for income tax purnoses
Fflces were named without regard To
production costs. Now. man,fac.
'orers are making serious effort 10
get at least cost out of their prodnct
AS the market straightforward II is
showing unmistakable signs Of dono
so-these prices will be lifted 70
cover cost, overhead and profit. That
VIII De the new normal level"
New-York tribune., 1921-01-26

ToLEDo-w. L. Miner Co; w. r: Miller
trunks; r. NJ. wiliisms, mems furnish
wear and hosiery: s. e. Conrad drugs,
toilet goods. sundr.es, jewelry and
.rli sIoyss; Alfred Fantl. lls Y. ssd s:
TOLEDO-w. L. Miner; w r. Miller,
leather Leaf goods sporting goods. luggage
TOLEDO-Lasaile & Koch Co; IS. F. Tully.
jobs dresses: 225 5t@S-v.
TCLEDO-Thompson- Hudson Co.; Mrs. 3.
smile. women's ready to wear; 200
ToLEDo-Thompson Hudson Co; C F.
Weller: basement dresses; eco 5th av..
TUSCALOOSA. AIa.-pizits Mere. Co.; NJ
Pizitz. ladies' wear. general mdse-; SIS
5th av.. room 3o..
UTICA. n. Y.-Snyder Bros: c. H Sny-
der. mems clothing and furnishings:
Herald Square
vINCENNES. Ind.--Gimbei Houghton &
Bond: F. NJ. Bond. general nldse.; "A f.
VANCOUVER. B. C.-Gordon Drysdaie's 8 ;
Sydney Marshall. women's ready to
year; Mrs. Anna Bassett. millinery
WASHINGToN-M Goldenberg: Charles
II: Frank. hardkerchtefs and neckwear.
gloves, laces and embroideries; eos 9Th av.
"AsHINGTON-F. r. Jeliefr Inc: Mrs
wAsHrNGToN-wo & Lothrop:
Mrs NJ Mcclure g.s~s- wear and wash
suits: Miss NJ. Curran. gloves and UNI
brellas; 334 9Th av.
WAsH1NGTON-La s. Bro. A
Jackson. mdse mgr: e. $50 st.
WASHINGTON-The Louvre; E. ID. Mayer
women's ready to wear and millinery
WAsHINGTON--s Kann Sons Co: Mrs
Al Hagan. iadies' ready to wear; 4s2
WASHINGTON, Pa.-Levino.s Clothing s
Furnishing Co, Edward Levirro. cloth,
ing and furnishings; Ederheimer < Stein
g., 2oo oth av:, room 922.v
WAsHINGTON-H. Davis. woolens cotton
piece goods Longacre.
WAsHINGTON--Woo & Lothrop
Mrs. NJ. Mcclure. girls wear and milf.
merry; Miss A. Thornton. infants and
and childrens shoes; 80. 4th av
ASHlNGTOE-S: Kann & Sons Co; Miss
Frances Yore. dresses. coats and suits
wAsn1acToN-palais as IN ~ ROYAL; F.. e. Jor.
dar, furniture and floor coverings; 22o
wA3a.TERBURY. Conn.-seott's Cloak House
w. ID. Scott. coats and suits and corsets
WEST PoiNr. Miss.Msimon O Hosen,ela
s: Q. Rosen nfeld. ladies' ready to wear
Mrs 8. o. Rosenfeid. millinery, l. b
z, N!ckels; 11s2 B,way: room so2.
WHEELING. w. va.-Elpern's; Mrs. G. FL.
perm, women's ready to wear; McAlpin
WILK ES- BARRE, Pa;-Justin Bergen
Hartblay. III W $50 st. '''-'' 9
WILKES BARRE. Pa - Mcwnliams Co.
c. w, Simpson. dresses and coats and
wiLKEs.BARRE. sgs isH sS pa.-wilkes- Barre D G
Co. II. Soley. sweaters and knit under
wear; 23 E. 10th St
WORC ESTER. Mass.-Louise Shop: Mis-
MOURN. ladies' wear; 253 5th av
2ad ST.
New-York tribune., 1921-01-26
Business Troubles
Petitions in Bankruptcy

TALKING BOOK CORPORATION. man.
utacturers Of talking machine record ap-
plianoes West hirty-fourth Street; in
CHIC FEATHER co Nouis L. Kerp-
nep, nei,,a ~ West Thirty eighth Street in
1880; assets. $4,000.
Schedules in Bankruptcy
A. r. O'NEiLL. Inc, sugar broker, 6s
whieh :se s4:oss, 40. are secured claiins s2,
taxes and debts due United States; and
assets of s4.25e.s2s. Of which s39l5 1872
dsposits of money in banks olsewAe
$?9, 1o2 debts due on open accounts $50
600 bills promissory notes and securities
GREATER NEW YORK SILK COM
PANY. INC. silks, 244 Fifth Avenue; la
bilities, $7S,slS, Of which $4,000 are un-
trade. s22. 900 debts due in open accounts
$1,000 carriages and other vehicles and
$500 other personal property.
JACOB SOLOMON, dry goods and gentle
mems furnishings. 634 Third Avenue iia-
stt, ss.s IS sI95 all al 5SsS g oS c,sns
In trade.
Receivers in Bankruptcy
The following receivers were appointed
yesterday in the United States Court by
Judge A. N. Hand,
HERMAN G. RAFALOUSKY. 522 Broad
way, Kingston. N. Y; Newton H. Fessen-
den. OF Kingston. n. Y. receiver. with a
bond of So 900.
ABRAHAM WOLITZKY, dry goods and
underwear, 297 First Avenue; Carl J. Aus
OF $1,000
THE EXPERT METAL SPINNING
COMPANY. INC, metal spinning, stamp
ing and tinsmithing, 535 East Seventy first
Street; Augustin Derby. receiver. with u
bond of $500.
JEAN vALLEE CIsE. INC. manu-
facturers of toilet preparations. II West
Forty second Street: Carl J. Austrian tenn
porary receiver with bond of 81 900.
THE J. S. HAT COMPANY, INC. nillin-
cry, Il West Thirty y-seventh Street; Waiter
L. Bryant temporary receiver, with a
bond OF 1000.
New-York tribune., 1921-01-26
Producers dissatisfied With
Present Basis and Hope to
Allow for Overhead and
Profits on later Orders

Most Of the leading brands Of cotton
goods have been we'll sold up for de-
livery during the next month or more.
Selling agents report that some of the
special numbers are sold as far ahead
as four months, although orders call
for delivery rs soon as the goods are
ready.
This explains the many Withdrawals
from sale that have been announced
recently. 1t is explained that the mills
IN such cases are sold ahead as far as
they care 10 go on the present price
bass, which Is not satisfactory to mill
owners IN that it does not cover cost,
overhead and profit and present levels
or raw material and labor, even tax
ing into account recent wage reduc-
tions.
Some mill owners feel that it is bet
ter to Withdraw goods than to advance
prices. " here the capacity Of the mills
s sold ~ Tor mere than Il month de-
liveries at advanced prices could only
be made after present orders en- the
books are filled In such cases the
buyer who places orders now would
gain nothing in the way Of quicker
delivery. Tie mill owners 6gure that
prices may be frmer in another month
or two, in which cases advances can
be made safely. On the OTHER hand,
if the market is not sustained q lower
rriee would lead to a renitition of the
cancellation Of orders booked at ad-
vanced prices.
Present orders in most eases are
enabling mills to resume production on
close to full time. In the case of one
group Of mills full iive-day week has
seen instituted, and early production
reports indicate that the output is run
ming close to the old normal, based on a
siX-day week. Getting up steam. for a
short run OF four hours on Saturday, it
IS said, did not pay.
New-York tribune., 1921-01-26
Curb Trading Dull,
Prices $ Irregular;
Mine Group Active
rnterborough Bonds Advance
Fraciionally, While Oils
Are Generally Easier: Du-
rant Motors Slightly OF

Aetivitx of mining shares formed the
,rineipal business on the outside mar
$, Yesterday. Listing on the New
v.,, Stock Exchange of three bond
sxer;ses. the Belgian. Norwegian and
n,n;sh issues, decreased interest in
lis group.
There was good buying of Inter-
,,.oush Transit rs, however. on the
..rsnvth Of Governor Miller's transit
-.sssre. and these advanced 81 to 71's.
ntbsr ss,0 changes in bond prices were
sss,l and unim portant.
'A,, AI,,rtercontinental Rubber led the in
,nstrial group in an advance of IS to
- while Durant Motors was off "a
st lsh.
= result OF price reductions for
.,,Se petroleum, and International
ipstrore1m lost * at IS. while Simnfs
.ssrsd TO S1s. Maracaibo and Carib
syrdicate registered gains. however,
he former advancing to 17A.
New-York tribune., 1921-01-26
Report 500 Tons Sole
Leather Sold TO Russia

A sale Of 900 tons Of sole leather for
Russian account is said to have been
made by 4 large leather company. The
price OF heavy sole leather, of which 4
scarcity has been reported, has been
stiifened, = IS said.
The activity Of foreign buyers, which
has been renewed, is largely responsi-
Bile for the marked Improvement in the
leather situation. Shoe manufacturers,
who for selne time have been orderin :
on 4 hand-to-mouth basis, are now sand
to be taking more interest in orderin :
TOR future requirements. The sheepskin
market in Chicago reports that sale of
several thousand Cairo skins at price
Of from SIC to SIS 2 dozen has been
made.
New-York tribune., 1921-01-26
LIMITED PARTNERSHIP
RUSSELL, MILLER AND CAREY
Certificate of Formation of Limited

Partnership.
The undersg gned. being desrors Of form
Ing limited partnership under and pursuant
TO the laws Of the State of New York do
hereby. make the following certificate:
Is to be conducted is RUSSELL. MILLER
AND CAREY, and the County wherein the
prtncipa! place Of business Is to be located
Is the County Of New York
q The general nature of the business In
tended TO be transacted is the business OF
brokers and dealers in stocks, bonds and
other securities.
clai partners interested therein. I each Of
places Ct residence. are a as folows ns respective
Henry p. Russell, general partner. As East
ssrd Street Borough Of Manhattan. New
Lawrence Mex. Miller. general partner.
Hewlett. Long Island. New York;
s.i Eawand aod, L csrey general paFtnsr 20
New York City;
Jesse Hoyt. general partner es9 Park
Avenue, Borough Of Manhattan. New York
Stanley G. Mortimer. special partner.
Tuxedo Park. New York.
4 The amount of capital which the spe-
cial partner has contributed to the common
as ,oooo. ~ 'A'' '"00SaNa o0''s's
Dated The 2sth day of December. 1920.
HENRY p RUSSELL
LAWRENCE Mex. MILLER,
JESSE HOYT,
c., STANLEY GRAFTON MORTIMER
COUNTY OF NEW Yo1aK }ss.;
On this 2sth day Of December. 1920. before
ME personally came HENRY F. RUSSELL.
LAWRENCE Nick MILLER. EDWARD l..
CAREY and JESSE HOYT. to me personally
Known and known TO me to be the individuals
described in and who executed the foregoing
instrument and they severaily duly acknowl-
edged to me that they executed the same:
WM H BRUDER.
lfc
lSeall 50. Certificate filed in New YORK
County No. 147
STATE OF NEW YORK
COUNTY OF NEW YORK
On this 3ist day OF December. 1920, before
me Personally came STANLEY G. NOR
TIMER. to me personally known and known
TO TO- be one OF the individuals described
ment, and he duly acknowledged to me that
be executed the same.
WM II. BRUDER.
Notary Public Bronx County No.
lSeall 81. Certificate fled In New York
County No. I47
STATE OF NEW YORK
COUNTY OF NEW YORK { SIS
HENRY P. RUSSELL and LAWRENCE
Nick. MILLER. being severaliy duly sworn.
each for himself deposes md says that be Is
one OF the general partners named in the
lerss9ns 10 certificate Of limited partnership
the sum specified In said csrtincats to have
been contributed TO the conntron stock by tho
special partner, Stanley g. Mortimer. viz :
Seventy s & .nvs thousand dollars ts1s,ooo> has
been actually and in good faith paid IN cash.
HENRY y. RUSSELL.
LAWRENCE Nick. MILLER
sworn to befora me this 2sth day OF De-
WIN II. RRuDER.
,s Notary Public. Bronx County No.
County No. LAT.
New-York tribune., 1921-01-26
Increase in Production
Of Shoes Reported

BOSTON, Jan. 25.-Some increase in
production in the sAoe industry was
noted in reports from factory centers
in Eastern Massachusetts to-day. Vir-
tual'y all the large shops in Haverhili
Faster trade, with Is per cent of the
full force Of cutters and 90 per cent of
ether workers. employed. Improvement
IN the women's shoe business in Lynn
has advanced TO the point where nearly
every ore OF the factories is in opera
ton, wholly or in part. The number
of workers employed, estimated at IS
Ter cert, is said TO be greater than at
any tisne since last May.
IN the Brocktoa district factories
working or mems shoes are operating
on full or part time, with total produc-
ton about so per cent Of normal.
New-York tribune., 1921-01-26
Shoe Prices Uncertain

Despite the increased orders for
spring footwear that shoe retailers are
placing with manufacturers. there is a
continued uncertainty in the price ele
ment The manufacturers are still in
need of additional business, and when
large orders are in sight are inclined
to make concessions to buyers. The
process of order taking begins with the
manufacturers quoting price, to
which the buyer objects as too high.
The manufacturer then asks the buyer
to name price, and from this point
on negotiations continue until price
is established by arreement
New-York tribune., 1921-01-26
High Fur Prices Surprising

Manufacturing furricss are express
Ing surprise at the high price levels
obtaining for few popular furs since
the yale last week by the New York
Fur Auction sales Corporation. Many
of them feel that speculative buying
uaa re4ponaiDle for The comparatively
high prices reached by maaarat and
squirrel. Onc of the leading ,nanufac-
tnrers asserted thaG hc you'd avoid
using these furg because Of tho high
price and would center his attention
New-York tribune., 1921-01-26
Commercial Credit

large volume Of commercial paper
S coming into the market, great por-
ton OF it bearing names of the high
So types Of industrial and commercial
concerns. The writing off Of losses in
Inventories, the dullness cf collec-
tons and The fact that the renewed ac-
tivity in business is mainly in the form
II xorders fer goods not yet paid for
have led to q cons iderablc amount OF
borrowing by business houses in gene
eral
Commercial raper rates are still
quoted at : =. and per cent in the open
market, although exceptionally strong
concerns csn ohta:n accommod dations
slightlr under these rates
No chance was made yesterday in
bankers acceptance rates, which enjoy
an active market. Rates quoted by
the American Acceptance Council were: