davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-11-27
Goodyear Tire and Rubber

In connection with recent activity in
the common stock of the reorganized
Goodyear Tire ard Rubber Company
on the Curb Exchange, the po Mt is
stressed that the refinancing plan
which was put through last February
requires provisions covering the first
mortgage bonds. the debentures and
the prior preference stock The equity
of the common. it is stated, will in
crease in value rapidly, as these liabil-
ties are retired. Each year the COM
pany must provide out of profits
enough money to retire S1,500,000 of
the first mortgage twenty-year bonds
and at least $1.363 ,636 of the ten-year
debentures. The interest saved on the
debt thus retired must be used to pur-
chase prior preference stock at not
over no., In ten years 1t is calculated
that over 100000 600 of value should
be added to the common stock directly
through retirement of prior liens. or
sum equal to S35 a share on the 1885,
474 shares of no par value common
stock. The company at the present
time is understood to have net current
assets in excess of the total par value
of the bonds and debentures outstand-
ing.
New-York tribune., 1921-11-27
In Wall Street
u. 8. steel's Unflled Orders

Although the Steel Corporations
statement Of untitled orders for No
vernber will not be made public until
December 10 the Street is already
guessing regarding the size Of the
tonnage at the end Of the month. The
general expectation is that another de-
cline in bookings will be shown, while
the extent will depend on whether sew
eral large rail contracts now pending
are closed before then end Of the
month The corporations subsidiaries
are now understood to be operating at
an average of about 25 per cent Of
capacity, compared with 55 per cent q
fortnight ago.. On this basis the No
vember output is estimated at 100000
tons. On October 81 the big company
had 4.2B6,S29 tons Of business on its
books. Many consumers while out Of
the market for new tonnages, are ac-
lively specifying against old contracts
and this accounts for the comparatively
high rate of production compared with
incoming orders.
New-York tribune., 1921-11-27
Trade Balance Favors
Canada for the Year
u. S. Continues to Export More
Than She Imports From
Dominion, However
Special Dispatch TO The Trtbu'ss

MONTREAL, Nov. 26.-Trade Of
Canada for the twelve months to Oc-
tober 81 shows that there was Imported
from, the United States goods to the
value of s609, ,O57 .273. which compares
with the exports to the United States
of s382, ,056.0l2. or trade balance
against the Dominion Of S217.00l PSI .
In the same period Canada imported
goods from tho United Kingdom Of
Sl2s. .0s5,54 and exported goods to the
United Kingdom Of $2s6,77S,oSA. The
Dominion's total import trade reached
value Of $a5a.s2s .267 for 1921, com,
pared with $l,sSe. .6ss, ,4bs for 1920 and
sso2, ,a59. .43S for 1919. Duty. collected
amounted to $127 27.4sl,946, against $20l.-
236,ss2 in 1920 and S161, ,sl7 ,422 In 1919.
Total exports during the period in
1921 amounted to ss4l, ,566. .4S5. as COM
pared with s1.26s, ,7s4,5Sa in 1920 and
81 .252. .051 .959 in 1919. Net balance on
total trade was favorable to the coun-
try. exports exceeding imports by SSH
940,168, compared with an unfavorable
balance Of S75,S54,92l In the preceding
period
New-York tribune., 1921-11-27
Bond STRENGTH,
Again Feature
Of the Market
Prices Still Make New Hichs
Tor Year as Government
Issues Advance; Semi-In-
vestmeni Stocks Higher

overshadowing the movemant =,
speculative security prices at the ex-
change yesterday was the continued
oioao and aggressive demand for in
vestmcnt issues which carried leve,s
Toward again to new high peaks for
she year. In the bond market the turn
over OF securities reached on abnor-
maiiy large figure for short session.
the sustained buying forcing railway
and United States government, war
ioans ahead with unremitting force.
AS the week closed theaverage price
Oh ten representative railway bond
issues stood at $3.50, against 1918 a
week ago; ten industrial bonds at
oo''i' against 1852 week ago, and
I'VE utility issues at $3.50, against
1853 Each successive day Of the
week ust ended saw bond values lifted
nlgher in response to the extraordinary
demand for Investments.
In the stock market yesterday issues
OF semi-investment character such as
American Car and Foundry. General,
Electric, United Fruit, Union Pacific,
Illinois Central and National Biscuit
stood out in bold prominence, showing
pronounced gains which were in
dicative of the expansion Of the in
vestment demand to new security
groups. Railway shares generally were
strong, continuing the mavement begun
earlier in the week, While the more
speculative industrial shares remained
somewhat in the background the tone
here also was one Of underlying
strength.
The commodity markets yesterday
developed some irregularity with cot
ton prices yielding on commission
house liquidation, while wheat closed
slightly above the level of Friday. In
the foreign exchanges rates on the
principal foreign centers closed higher.
Demand sterling went to $3a9M. check
franks to S9619 cents. and mraks 3,,1
The weekly statement of the New York
Clearing House banks revealed a CON
traction of s2a,2s0,OO0 in loans and
oidscunts. while net demand deposits
decreased s4,4O7,Oo0
New-York tribune., 1921-11-27
petroleum Output Declines

The production Of petroleum in the
United States continued to decline
during October. according TO figures
compiled by the United States Geo
logical Survey. The daily average for
the. month, 1l.l49,613 barrels, was
70,887 barrels day less than the pro-
duction for September and was the
smallest for any month since February
1920. California, as result of the
strike in the oil fields, dropped to
third rank and decreased daily average
production is also reported for all the
other states with the exception of
Wyoming, Illinois and Montana, where
small gains are reported. Only 752
producing wells were completed last
month, compared with 2,0S6 in October
a year ago. The falling off in domes-
ports of Mexican Petroleum, amount
ing to daily average Of 373,400 bar
reIs.
New-York tribune., 1921-11-27
DIVIDEND NOTICES
chinese Loan Still Unpaid
Chicago Banker, Unable so Col
Iect. Is Coming Home

PEkING, Nov. 20 (By The Assoe.-
ated Press) John ]. Abbott. vice
president Of the Continental and Com
marclal Trust and Savings Company OF
Chicago, who came here as result OF
he Chinese governments default on
a loan of $5,500,000, will depart for the
United States tomorrow.
he said that there had been enc oo,-
lection. no renewal, or no imnediat.
prospects Of adjustment" Of the Ioan
during his twenty-five days stay here.
The Chicago bankers' loan 70 China
fell due on October 81. Early this
month the American State Departments
Instructed the American Minister IN
Peking TO call the attention of the
Chinese government to the seriousness
OF its failure to meet its indebtedness.
especially with regard to the effect o.
such failure upon China'e credit With
other nations.
A loan to China Of a similar amount,
made ny the Pacific Development Com.
pany, VIII fal! due on December l.
New-York tribune., 1921-11-27
Regular ~Mex Petev Dividends

The exclusive announcement in Los
Angeles dispatch to The Tribune yes
terday that Mexican Petroleum direc-
tors had declared the regular quarterly
dividend on the common stock took the
Street somewhat by surprise, as the
impression was that the board had not
yet met for dividend action. AS a mat
ter of fact it was learned at the New
York offices that the meeting had been
held in the week, but for some unex-
planned reason the action of the board
had been withheld from the public.
There was a run-up in the stock to
116z shortly after the opening, but
reaction later caused decline at the
close to 1l51h.
New-York tribune., 1921-11-27
Ohio Men Receivers
For Willys Corporation

Frank P. Kennison, vice-president of
the Ohio Savings Bank. Toledo. and
Glenn O Miniger, president of the
Electric Auto-Lite Corporation, Of To-
ledo. were to-day appointed receivers
for the WHY'S Corporation, manufac-
turers of automobile accessories. The
appointment was made in the Federal
Court here by Judge John NJ. Kil'its
New York and Newark, n. j.
The receivership action was brought
by the Ohio Savings Bank and Trust
Company, Of Toledo, which sets up in
the petition that it holds note of the
WHY'S Corporation on which balance
OF 100000 is due.
With the receivership petition was
fled, also, the answer of the WHY'S
Corporation consenting to the appoint
inent of receivers.
The purpose Of the suit is to stop
Litigation all over the country and to
control the property under refnanc-
ing plan which is now being arranged,
officials of the Ohio Savings Bank and
Trust Company announced.
New-York tribune., 1921-11-27
Davis Chemical

The recent activity in Dawson Chem
ical has resulted in an analysis and
description of the company by Horn
blower Weeks, who say: while the
company is certain to benefit from gen
eral business revival, because its
products are essential in some of the
chief industries, such as manufacture
OF fertilizers. dyes, copper and petro-
leum refining, its great possibilities lie
IN a special patented chemical, Silica
Gel This product looks like granu-
lated sugar and has great absirbent
power for gas and vapors. 1t will give
up the absorbed .vapors and may then
to the oil refining industry, as we'll as
many other lines of manufacture. The
commercial possibilities of this product
are now being realized and should re-
Of 81 quarterly were deferred Ia 81
February. Net tangible assets are
equal to $50 share"
New-York tribune., 1921-11-27
Standard Oil Dividends

Cash dividends aggregating s115,483,-
900 have been paid during the last year
by the former Standard Oil subsidi-
aries, according TO Wall Street com
pilation. This is SS7,0 900 less than was
disbursed to stockho' ders of the same
companies In 1920. The Standard Oil
Company Of New Jersey has paid an
aggregate Of $33 .435 900 in cash divi-
dends during this period, Of which
$13.7s7.3s4 was distributed to holders
of the preferred stock. Dividends of
the various Standard Oil companies in
the current quarter will total s29 $780,
72D
New-York tribune., 1921-11-27
'Katy" Plan comparea

a comparison between the reorpant-
cation plans of the Missouri Kansas 4
Texas and the st. Louis-San Francisco
Is made in a circular issued bv the
stock Exchange firm Of Reynolds. Fish
q Co., who stress the conservatism az
tne Katy" reorganization. Among the
things pointed out are that "Kstv's,'
hxed interest bearing debt Is reduced
Sl:5o per cent, Frisco's 1882 per cent:
akaty's" interest charges are reduced
SS.sS per cent, the Frisco's 1886 per
cent. The percentage of the fxed in.
tsrsst bearing debt Of the sKatyr to
the total debt is 8s.s7 per cent, while
for the Frisco 1t is 70.9s per cent.
New-York tribune., 1921-11-27
Burns Brothers at 11s

One of the features of the inf;,,stria,
group yesterday was the advance of
2A points III Burns Brothers. which
carried the price of the stock up to
llS, new high for the year. BUYING
of this stock is believed to be pred;-
Gated on the benefits expected to ac-
crue to the company ss a result of It's
participation in the syndicate which re-
Gently acquired the stock of the Le
nigh 4 Wilkes-Barre Coal Company
formerly held by the Central Railroad
OF New Jersey. This stock was pnr-
chased for approximately s32 ,0oo. 600.
OF which the Burns Brothers share Is
placed at abou. $4,000, 900. =
New-York tribune., 1921-11-27
London Money Market

LONDON. Nov. 26.-Bar gold 1928
lid. Money 3A per cent. Discount
rates--Short bills. SN per cent; three
months bills. 1916 per cent. Petro-
ieum, American refined, Ia I'd; spirits,
Is sd; turpentine, spirits. 70s Sd;
rosin, American strained, les Cd; type
G. 17s;; tallcw, Australian. 45s Cd.
New-York tribune., 1921-11-27
The Dollar in Foreign Exchange

Foreign exchange rates on European
centers worked slightly higher yester-
day and changes during the week were
small. Sterling held close to the 50
level. ruling most of the time slightly
below this mark. Francs dropped be-
low z cents, as neutral" exchanges de-
veloped strength.
Gable rates on London showed a net
advance yesterday Of ss of g cent at
s399ss.
New-York tribune., 1921-11-27
Bank Loans Contract

Loans and discounts Of the Nav
York Clearing House banks CONTRACTED
S2s, ,26o,ooo last week. according to the
statement issued yesterday. Net de-
mand deposits decreased 81 .407 600.
wniie M surplus reserves dropped s15.-
ooa. .ooo TO $la,636,4 ,410. United States
government deposits with CIear;nS
House banks decreased from $40 eea
goo to SOL ,o7l,O00 as the result Of f,Sr.
ther government Withdrawals.
New-York tribune., 1921-11-27
Paris Market Firm,

PARIS, Nov. 26s-Prices were firm on
the Bourse to-day. Three per cent
rentes. 81 francs so centimes; exchange
on London. 81 francs SIS centimes: five
per cent loan, so francs 20 centimes.
The dollar wss quoted at Ia francs SO
eentamea
New-York tribune., 1921-11-27
Days Nesc Issues

Miller 9 Co. announced ysstar-
day the offering Of block Of BaIti-
more 4 Ohio Railroad, Toledo and Gin
cinnati Division, hrst and refundina
mortgage per cent gold bonds, due
July !, 1863, at price 10 yield abou,
$50 per cent.
New-York tribune., 1921-11-27
Bid and Asked

Following are the closing bid and
,sked quotations of stocks listed on the
Stock Exchange in which there were
no transactions yesterday.
New-York tribune., 1921-11-27

Bid. Asked
"a q 4 l. pv 35N s6
Ann Arbnr :. S Is
do ps 49,. % Is
A D g I'd pr rs IA
Asso on -. aS 100
A, Bir Il A. IN IL
Atlantic c L ST IS
Atlantic Ref. $50 sT5
do pr .....li3A llaA
Austin Sschois i0N II
Go Or $3.50. 81 6SN
Auto Sales ca 5,s s
! do pr -. IL Is
Bald L<,oo pr. 70s rs
Barns;t Lea. IS M
do Or ...., rs %
iEarnsdau A.. 80 at
q . .-s.-. ~ &
New-York tribune., 1921-11-27

ptd. Asxed
Batopiias NJ. u 4
Bkn Edison. :. e4zz ssL
Burns Bra pF.i08 liz
Brunswick -. 3ls 81
But, K 4 p. ~ so
do pr 80 81 rs
Buff & Sus.. - rs
Bush Ter pr sT1x 90
Case J I pr. rs 70
Case Plow =. ga 4
Gen Of N s.1so 200
CegtHintsed -. 30 ss
do lst pr. 81 -
@ s. E Ill. 65s
do pr 49,. e5s
elo lst pd. :. i2
Chi CT W pr Ta n
c : P Nj K O 81 es
CcC& 8 L pr 7ess rs
ctuett Pea pr s55ls
G T & I pr. 100 t20
c 4 s list pr 65h IS
do ID pr. 6sA SAY
Con Cigars :. 22 ss
do n ..... So 64t
Ccnt Csr pr. 90 l04
ccrn Prod W.los I89
. An Dc y ft 50
New-York tribune., 1921-11-27
Transactions Yesterday i'm Listed Stocks
Summary Of Stock Exchange Dealings

Copyright 1921. Tribune 1ncl
New-York tribune., 1921-11-27
BANK STATEMENTS
REPORT OF THE CONDITION OF THE
Bank Of Washington Heights

of the City oe New York, al the close o.
business on the 18th day OF November,
1921.
RESOURCES
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-09-24
.1REDGE AGAIN WORKING
SOUTH Of RAILROAD
o,,inags system Should be Completed
By January list, 1922.

crowd of interested citizens Tues
=. night braved the mosquitoes and
~ooas along the right of way in the
o,.torn suburbs to observe first hand
,ho ,smoval of span in the railroad
b,idqe and the passing of the dredgc
ko.t through. The work commenced
momptly after the passing of train
No iOl. the dredge being through and
,be bridge back in place before the
arrival of train No. s. That is the wild
est gap between train schedules dur
ing the twenty-fOur hours.
The dredge will work around the
concrete bridge on the parish highway
cutting through the approach and after
passing refill the gap. Foreman vii
bite states, however, that some repair
work will be needed on the dredg'
and that will probably be done befor'
the boat passes through the highway
There is considerable work to b.
done yet in the district Both ditche
traverse heavily wooded sections
where trees and stumps Tetard tn
progress of the dredge. Mr.. Whit
stated some time ago that it was thei
expectation to complete the work /
this district before January LIST, 1872.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-09-24
NOTICE Of PUBLIC HEARING

Notice is hereby given that public
hearing will be held in the Police
Jury room in the Court House, Lake
Charles, La, at 100 p, m, Septem
Der 18th, 1921, to consider changes
necessary at thes tie of the Calcasieu
Parish Bridge over Black Bayou, in
order to render navigation reasonably
free and unobstructed.
Changes that have been suggested
provide for the excavation Of a chan
mel not less than 6 feet deep and 5O
feet wide through then orth span OF
the drawbridge and construction of
fender approach on the north side o
the pivot pier.
All important evidence, statement
of facts, propositions, and arguments
should bes ubmitted in writing in trip
llicate. Oral evidence will, however, b.
considered.
All interested parties are invited t.
be present,
E. J. DENT,
Lieut. Col. Corps OF Engineers.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-09-24
AVAILABLE BULLETINS
ON SWEET POTATOES

University Station, Baton Rouge
The following literature covering dill
ferent phases Of the sweet potato in
dustry is available free of charge, up
on application to the Horticultural
Department Louisiana State UnlVer'
sity. Baton Rouge. Farmers CROWNS
sweet potatoes are urged to write fol-
this material.
Sweet Potato Storage-Farmers
Bulletin No. $40.
, Sweet Potato Diseases-FarmerS
Bulletin No. 1869,
Sweet Potato GroWlng-Farmers
Bulletin No 999. g.
Sweet Potato Seed Selection-Circu
lar No. H 81.
Grading Sweet Potatoes-Circlla}
H. 6S.
Harvesting Sweet Potatoes-Circu
lar H. So.
Storage House Disinfection-Circu
lar H. 70.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-09-24
.EVANGEuNE COLLEGE
|. "OPENS SEC0NO SESSION
Story Hour and Playground Work In.
stituted. First Program
Saturday Afternoon.

Basile, La, Sept. 22-(Special to the
JOuTnaD-The Evangeline College op
ened its doors for the second session
of work on the 10Th instant, The EN-
rollment will likely reach one hund.
red in a few weeks when the rich har
vest is over.
The story hour and play ground
work has been instituted by the col
lege for the general public, the first
program to be given next Saturday
afternoon and weekly thereafter
children from one to three o'clock and
adults from three to five o'clock. Miss
Mabel H. Habecker of Wichita Kan
sas Fairgrounds, member of the fac
ulty of this college, will be in charge
,, with the other faculty members assist
ing.
DR.. F. w. 10y, president, and Kar
Treen, Dean of the College, returned
this week from Oklahoma City wher
they attended an educational meeting
of the Methodist church.
DIR. o. L. Freemanand H. D. Roberts
president Of the Basile Road Clul
went to Baton Rouge this week in tn
interest of the good road through Ba'
lie, the Dowling-Schell Bill and tn
three State Highway Commissioner
Advertising posters for the Secon
Ward Fair to be held in Basile DC
18th, and the Parish Fair at Mamo
Oct, 10th to 22nd, are being displaye
prominently this week, and there
ag eneral hum among the farmers an
housewives, stockmen and school chill
rem in preparation for the fairs.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-09-24
CHAUTAUQUA PROGRAMS
HIGHLY APPRECIATED

The Radcliffe ChautauQua c0mplet
ed its three day engagement here last
night with an unusually interesting
program which included the lecture
bv DR.. Harry Hibschman, LII, d., on
"America's Industrial Ideal, and the
concert entertainment of the "Ameri'
cans-All" detachment.
Although the attendance at the
ChautauQua this year was far 0eio"
what it has been in former years, due
to the fact that this is the harvest
season and we are strictly an agrl
cultural people, more thrifty and more
absorbed in the material things than
has been customary, every number on
the program was highly appreciated
by those in attendance.
! The opening lecture by Edward
TomlinsOn. on The Value of the In
dividual." and again Wednesday even
ing on "AmerlCaS POlltlcal luealo'
were alone enough to keep the lndl'
vidual of ordinary intellect engrossed
in sound reflection for long time.
Take for instance his reference to the
trend of party politics and its un
wholesome effect on our national al
fairs; the change in the attitude OF
foreign countries toward the United
States, and so on throughout the
course of his eloquent depletion OF
the American political situation.
The other lectures were equally as
valuable in their dealing with the so
cial and industrial problems of th'
community and the nation and thu
entertainment numbers were all VI
to the Radcliffe standard.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-09-24
DRINKING FOUNTAIN IN
THE CITY PARK

At its last regular meeting the
Board of Trustees authorized the cree
ton of public drinking fountain on
the Town Block, The cement work
for this improvement is being done
by Mr.. A. w. VOTERS, to whom the
contract was let. The fountain will
be similar to the one at the school
house, except that it will have but
two bubblers of different type. Wat
err will be supplied from the Nj. B
Van Ness water works.
The Journal wishes to make the sug,
gestion, and believes that it will be
supported in the contention by ma
jority of the residents of Welsh, thai
the Town Block be re-dedicated to the
Welsh Civic League as an expression
of appreciation to that body for its
work in identifying the town and fol
the Give pride which its effort has in
stilled in the hearts and manners o.
nearly all residents of the town.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-09-24
OFFICIAL MINUTES OF THE
BOARD OF TRUSTEES

Town Hail. Welsh, La, Sept. IL,
1921.
The Board of Trustees of the Town
of Welsh, La, met in regular session
at the Town Hall, Welsh, La, Sep
TENDER 18th, 1921, called to order by
the Hon. Mayor W. e. Taught.
Present: S. o. Scoggins, R. F. Wei
ebert. o. J. Toups John 7. Hood, H..
w Howard
Absent: None,
1t was moved by R. F, Weichert and
seconded by o. ]. Toups that the Town
of Welsh employ a night Waterman,
the merchants to furnish the necef
sary clock and keys and to pay $4,000
per month toward the watchmans sal
airy for a period of six months, the
merchants to recommend to the Mayor
some suitable person for the position
of night Waterman, such Waterman to
become an officer of the town. Motor
carried.
1t was moved by S. o. scoggins ant
seconded by o. ]. Toups that F. G
Seward be authorized to purchase
night gong and have same installed
Motion carried.
ayor W p. Taught appointed zacl
l. c .ur, T. E. Todd and r. H. Bolin
to make the necessary arrangement
for employing the night Waterman.
1t was moved by R. F. Weichert an
seconded by R. W. Howard that tn
meeting adjourn. Motion carried.
Approved ...............
Attest:
F. G. SEWARD, Clerk.
The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1921-09-24

this year will enjoy its full share OF
credit and praise, with special alton.
tered in the various contests.
Substantial increase has been au-
thorized in the premium money In the
Pig Club section this year. There
will be approximately $4,000 awarded
number of useful special awards will
In cash premiums, and, in addition,
be made. Packing houses are among
the interests showing special appreci-
alton of the work of the Juvenile
pig breeders, whose progress In Lou
isiana during the past several years
has been wonderful demonstration
Of the lessons learned by the boys and
girls Of the University Extension Dc
partment.
The Pig Clubs exhibit will undoubt'
edly be among the most attractive In
the live stodh division. The club
members have learned the best meth
DDS OF breeding and raising fine stock
and the entries at the State Fair viii
give the visitors good impression
Of the progress the youngsters ar'
making. Some Of the boys and ssrls
pigs will compete for general sWard'
against those entered by adults. J
8, Francioni, state agent in charge o
mig club work, will have charge Of tn
clubs exhibit.
For further information write TO v
r. Hirsch, secretary-manager, shrsvt
! port, La.