davidaulloa/AmericanStories huggingface dataset:
Nord stern. [volume] (La Crosse, Wis.) 1856-1921, 1921-02-04
Soa Ioiort flanbcln.

1Sn Dem GeIcgralum miro Vrdiioelt
g8jlion iun ioforti9e Sd)rittc eriltd)t,
Den 1Yaa Der 5lpiidpldto1tl;d)cn @er.
fehrsconnliiiion 3u nnterbreiten. Die
llnionleiter MAIDEN lin Oarauf an.
merriam, boB otlcs aufgcboten mer.
bcn mub, Inn cine ocrortige aota-
Itrophe slt uerniiten. fpie lie BON @es
neral 9(tterburu in IuSIidlt gcltcllt
irnroe.
Nord stern. [volume] (La Crosse, Wis.) 1856-1921, 1921-02-04
@ann anf G,ctrGnfcs SsurrGtbe.
90nih:llntnll. 3. lSehr.

<SttftsltA4o'Nt - BNNAs
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l:eb Die Ihiircu uon 4rcnlnreicn uno
pom 2aaerMulern unter &erid]ltB in
alien 5tuotcu Scr ltliou mo IN
6cepai mrs &orto R:co qe9cn 3uriit
3;cMtnq Qe;it:Qer (5ctrdnfc pcrren.
3u QIcid}cr Belt pcrbot 0jenrnlnu
malt Ealmcr @rpBhdnolern cine lrsi
tere Netheiligln0 beim &erfa1rf bon
1p;ritltolen &ruuers idorfe ger
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cine 8eriilgunQ Don boriacr @ote En-
mcitert, tpcldN 3uriid3iehnng IN
6itt.dcn Stoaten perbot
9icridlieoenc Ausnnbmeu.
Die 0eriiialmQ Gilt nidt mir gu
rlld5letttng non iH01ltrHllenTE hohol
o6cr onqenciiere Guontit1teu BON
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mem it0atlidu1 Tireftor mtSdeitcIIt
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conntiiidr 8iQidns bcfmut. anf
@rnto 61pon pltr0en. Iuic geanite
6es Steieron1tes o1igebeit Die ourf-
arcifeuoen @erfiiglnaen erloifcn.
Nord stern. [volume] (La Crosse, Wis.) 1856-1921, 1921-02-04

Die sROrbitcru" 3eituugen {
bateu Die @eidlidte pOu Ga s
GrOiIe nidlt unr mitidlreiben, &
iOnSern and mitmadleu belfen. z
tunQuny9S1tztp1p unkSSuuunudrd
The New York herald., 1921-12-16
J. p. LEO'S SON FIGURES
IN BUILDING APPEAL
Architect Testifies in InUesti-
cation of Official.

Frank J. Schefcik. an architect, testi-
fled before Commissioner of Accounts
Hirshfield yesterday In the investiga-
ton of the Bureau of Standards that
an appeal that had been previously de-
MED was granted to him December "a.
1918. on property owned by the Weis-
becker estate, which was a client of
j. 7. Leo. Jr., son of the head of the
Bureau OF Standards and Appeals. The
case had been recommended to him by
the young man, he said.
When Commissioner Hirshfield tried
to get the architect to say he expected
to get help from Mr.. Leo. Sr.. because
he was acting for Commissioner Leo 8
son, Mr.. Schefcik declared he certainly
did not. lie asserted that more appeals
were denied than granted to him under
the Leo regime.
Samuel GatZ, an architect, of 1f92
Prospect avenue, testified he had beer
employed to remodel buildings at 522l
and 527 Broadway from dwelling and
business properties to garages and loft
buildings. The plans were disapproved
in 1917 by the building bureau and the
Bureau of Standards and Appeals, to
which he took an appeal.
Samuel Richman, one of Commissioner
Hirshfield's accountants, testified it was
these same plans which were allowed
IN 1919, when the appeal was presented
by Mr.. Schefcih
The New York herald., 1921-12-16
FREIGHT CAR LOADfNGS
GAIN 1857 IN WEEK
But Traffic Officers Are Far
From Optimistic.

Cars loaded with revenue freight in
the week ended December totalled
74T,454. according to roports received by
the American Railway Association. AL
though this was an Increase of 1887
cars over the preceding week, which In
cluded the Thanksgiving holiday. it was
1856, 100 cars fewer than the total for the
corresponding week in 1920, when traf-
fe was also starting to decline, and
i1.s32 cars under the total for the same
week In 1919.
With an increase of more than 20C, 900
idle freight cars in the last three weeks
of November railway traffic officers see
continued dininution of tonnage through
out the winter. with little prospect Of a
substantial upturn before spring.
Tabulations for the week ended De-
cember showed 470.914 cars loaded
with merchandise and miscellaneous
freight, which included manufactured
products, or an Increase of 51.1o7 over
the preceding week. Loading of grain
and grain products amounted to 1927.
an increase OF i2,146 cars over the week
before. This also was ,il9 cars more
than in the corresponding week last year
and 1893 over the same week in 1919.
An increase Of 6,0s9 cars over the
week before was reported for livestock.
the total being 3i,955 cars, but coal load
ings totalled 137,203 cars. compared
with 137,432.
The New York herald., 1921-12-16
AMERICAN BRASS GETS
OFFER FROM ANACONDA
First Step in Big Copper Com
bine, Is Report.

Formal announcement was made yes
terday of the offer made by the Ana
conda Copper Mining Company to the
holders Of stock of the American Brass
Company, under which the latter VIII
receive $50 and three shares OF Ana
conda for every share of American
Brass. The announcement followed n
meeting of representatives of holders OF
q majority OF American Brass STOCK
with John d. Ryan and c. II. Kelly, OF
ficiaIs OF the Anaconda company.
Charles +. Brooker. chairman. and John
A. Coe, president of the American erass
Company, also attended the meeting.
Holders of American Brass shares
may deposit their holdings in exchange
for cash and Anaconda stock probably
until January 81. and the offer viii be
conditional upon the deposit OF at least
81 per cent. of Brass stock. More than
that percentage already Is pledged TO
the exchange. it was learned yesterday.
The committee appointed to present the
formal offer consists OF Charles f.
Brooker, Royal Victor, A. ii. Larkin.
Harris Whittemore and c. S. Bliss.
No public financing will be undertaken
by Anaconda to accomplish this acquisl-
ton. The American Brass Company at
times has made as much as 40 per cent.
OF the entire production of the country.
II was animated yesterday that this
consolidation will represent the first
step In big pending merger OF copper
companies.
The New York herald., 1921-12-16
TOY MOVIE MACHINE
WARNING IS ISSUED
Fire Chief Tells Dealers They
Are a Menace.

Declaring that toy home moving pic.
ture machines are a positive menace
due to the inflammabie nature of the
film, Fire Commissioner brennan issued
warning yesterday to dealers In toys
For several days inspectors of the Bu-
reau OF Fire Prevention had been max
ing a survey OF all stores where toys
are sold to examine the parlor movie
machines. Some of them they found
had oil burning lamps to project the
pictures from the inflammable films.
There Is death or serious injury in
these toy motion picture machines" said
Commissioner brennan, 'sand the Fire
Department is powerless under the law
to stop the we'll intentioned persons
from taking such dangerous things into
their homes. 1t may seem cruel on
my part to appear in the role of a 10y
killer at this joyous season of the year.
but just when the Fire Department was
completely rid of the menace of lighted
candles on Christmas trees come these
inflammable film machines"
The New York herald., 1921-12-16
ROXFORD KNITTING co.
IN RECEIVERS HANDS
Concern Not Bankruot, but
Operating on Part Time.

Special Despatch to THE Nrw Yoas 'IcyAi.o
PHILADELPHIA, Dec. 1.-THE Roxford
Knitting Company, at Randolph and
Jefferson streets which operates one OF
the largest underwear mills in this city,
is In charge of receivers, who are trying
TO pull Il from financial difficulties. The
company Is not bankrupt and Is oper-
at'n1 on part time.
Edwin II Schloss. Louis Fielsher and
Stanley f. Wilson, e-president OF the
Central National Bank. have been named
as its receivers in the Common Pleas
Court No. 3. Their appointment fol-
owed futile attempt to form 3 COM
mittee or creditors 60 manage the COM
pany's affairs.
The concerns troubles were attributed
to heavy cancellations OF orders. Large
quantities of yarn had been bought and
paid for 10 oil orders on the books.
When the cancellations poured in the
companv's fluid assets were impaired.
Its capitalization Is $3.50. 900.
The New York herald., 1921-12-16
TIRE SURPLUS
IS RUN UP TO $I5,SI3,258
Sound Basis Reported After
Taking $4,000 600 Loss.

AKRON, Ohio. Dec. 15.--H. S. Fire
stone, president. told stockholders OF
the Firestone Tire and Rubber Company
at their annual meeting to-day that
after taking loss of s16.000,0 900 in the
inventories and tangible assets, the
company is entering the new year on a
sound basis. The company's surplus now
is s15.S13.25S.30, the report shows
Sales for the year were reported as
s66,372, ,93S.54. O decrease of AZ per cent.
in dollars and IS per cent. In number
of tires from last year. The decrease
was in export and manufacturers busi-
ness, sales to dealers increasing 2 per
cent. Selling expenses decreased 3S per
cent. and factory overhead 5S per cent.
The company reduced bank loans from
s37,252, 900 to s21,6S0,0o0 and has made
arrangements with banks to meet next
years requirements. Mr.. Firestone re-
ported.
Quarterly dividends on and per
cent. preferred stocks January is and
February Is, respectively. were declared.
The New York herald., 1921-12-16
LAND BANK SYNDICATE
PROVIDED FOR IN BILL
House Measure AliotDs Com
pany to Sell Securities.

WASHINGTON, Dec. 15.-Federai land
banks are authorized in bill intro
duced by Chairman McFadden of the
the House Banking Committee to estab-
llsh syndicate to market their Securi-
ties. The measure would sanction crea-
ton OF Federal loan investment COM
pany on application OF seven or more of
the twelve farm land banks, among
which the corporations capital. TO range
between 100000 and $1.0oo.0oo, would
be pro rated.
Establishment OF the corporation, Mr.
McFa6den said, would save the Govern
ment the cost of commissions now paid
private interests for distribution OF
bonds OF farm land banks and would in
sure more expeditions handling Of the
securities.
The New York herald., 1921-12-16

repurchase agreements by the New
York Reserve Bank. Increased by
SIS. 10000
Holdings of municipal warrants re-
ported by the Philadelphia, Minneapolis
and Kansas City banks totalled $4,000,
compared with s227.000 the week be-
fore. Total earning assets Increased
$27.600,000 for the week. the December
Il total of 4s2.60o.000 marking de-
cline of about 54 per cent from the
total reported about a year ago.
OF the total holdings of s45e, 100000
of bills secured by United States Gov
ernment obligations, ssse.1oo. 900. or
Ills per cent. were secured by Liberty
and other United States bonds; s6s 5oo,-
900, or 14.9 per cent. by Victory notes !;
S26, ,000, 900, or 81 per cent, by Treasury
notes, and s35,000,000, or 7.6 per cent,
by Treasury certificates. compared with
s333. 500 900, s72.40o, 900, s23. 200, 600 and
s2S.500.000. respectively. reported the
week before.
During the week the Atlanta bank
redeemed s4.300.00o, the total amount
of bills held under discount with the
Boston bank. while Dallas reduced the
total of bills rediscounted with that bank
from s1.so0,00 to $1.000,o0o. this being
the total amount of rediscounted bilis
outstanding at present
Government deposits are s17.100.000
larger than the week before. Reserve
desposits increased s5,200000, while other
deposits. composed largely OF non-mem-
bers' clearing accounts and cashiers
checks, increased by $2.200,009.
An increase OF s24.200,0 900 In Federal
Reserve note circulation is reported by
the New York Reserve Bank. and much
more mod crate increases by the Phila-
delphia and Cleveland banks. Reduc-
tions are reported by five other reserve
banks. the net increase for the system
being S20,400, 900. In addition the re-
serve banks report In their aggregate
net liabilities on Federal Reserve Bank
notes in circulation, increased $780,
600, though the actual amount outstand-
ing. according to Treasury records, in
creased slightly more than $700,000 for
the week under review.
The New York herald., 1921-12-16
700 CLOAK FIRMS SETTLE.
Union Sends Names TO Jobbers as
Guide for Spring Orders.

Lists containing the names of more
than 200 firms which have settled with
the International Ladies' Garment
Makers Union since the strike was
called on November II are being sent
to cloak jobbers' organizations in order
TO guide them in the placing OF spring
orders. according to an announcement
made yesterday by the union. The
union claims that approximately 1900
men have gone back to work under the
old agreement.
Benjamin Schlesinger, president of the
union. left yesterday afternoon for Chi
cago In the interests of the strike OF
5000 workers there.
The New York herald., 1921-12-16
FEW EMPLOYERS ASK
FOR STATE TAX BLANKS
Statement of Residence Re-
guired by LaUD.

ALBANY, Dec. I5.-Aithough the state
Tax Commission Is prepared TO furnish
approximately 100000 tax forms to
employers for employees who are resi-
dents of New York State. only a neglible
number have been applied for.
Each employer in the State is sup
posed 10 obtain from every resident en-
ployee who received $1,000 or more In
wages n statement OF residence before
the end OF the present year.
Responsibility for making certain that
all employees are residents of New York
State. or otherwise Withholding the
proper amount of tax from non-resi-
dents. Is placed directly on the employer
BY law.
The New York herald., 1921-12-16
NEW UNITED CIGAR ISSUE.
Stockholders 10 Vote on 100000
900 Preferred stock Dec. 20.

meeting of stockholders of the
United Cigar Stores Company of Amer
lea has been called for December q to
authorize the issuance of sl0.0c0o00 more
Of preferred stock, making the total
sl50oc050 This issue is to provide
5000. 900 for reserve.
The new preferred stock. to be known
as the Issue of 1921" will be a per
cent. cumulative issue. in all respects
like the present issue. except that 1t
will be callable at Si25 instead of $1l5
Common and preferred stockholders of
record December % will get the right TO
subscribe on the basis OF i.23 shares Of
old preferred and Is shares of new pre-
feired for each 100 shares of either COM
mon or preferred now owned. Subscrip-
ton rights will expire on January L.
The offering price is s10S share. at
which price any unsubscribed portion
VIII be taken by the Guaranty Conn.,
pany. which has underwritten the issue.
The New York herald., 1921-12-16
ROAD PLANS STOCK INCREASE.
Erie and Pittsburgh Owners Meet
on February 10.

:, special meeting Of the stockholders
of the Erie and Pittsburgh Railroad
r7rmpany will be held on February 10 In
Erie 20 consider and vote on the ques-
lion OF Increasing its special guaranteed
hetterment stock from $2,5O0, 900 to So
SOC 900.
y -ortion OF the funds 70 be derived
from thctnew stock win be paid to the
lessee Of the road, the Pennsylvania
l,ailroad Company, for improvements on
end additions to the leased property
made by the lessee and approved by the
directors OF the Erie and Pittsburgh.
The New York herald., 1921-12-16
EXTRA NIpIssING DIVIDEND.

The Nipissing Mines Company. Ltd.
has declared an extra dividend OF 8
per cent. IN addition 60 the regular
quarterly disbursement of 3 per cent.
both payable January 20 to stock of rec
ord December 81.
The Nipissing Mining Company. the
operating subsidiary, reports as OF De-
ceInber 10 cash In bonl. including Ca
madam war funds and investments. s3,-
290,727; value OF ore and bullion In
transit on hand and In procese, sssi,.sf.
The New York herald., 1921-12-16
100000 LUMBrR FOR FRANCE
southern Producers Nexotinting
for Reconstruction wood.

MEMPHIS, Dec. Negotiations are
under way for the sale by Southern pine
interests 10 the French Government of
approximately 10000 900 feet OF oine
lumber valued a. between S7.000.000
and sS,000,o0o. according TO an an
nounccment at melting here to-day OF
Southern yellow pine producers.
The lumber would be delivered In
France at about s0.0o0.0oO feet n year
for the neyt three years for use in re-
devastated districts.
The New York herald., 1921-12-16
SURPLUS FOR CERTAtN-TEED

The Certain -teed Products Corpora
tion reports for the ten months ended
October 81, 1921, surplus OF S35S.S52
after expenses and taxes. Gross earn
ings after depreciation were s2,s5i.264
and other income s21,11s. Exrenses.
taxes. &c, aggregated $2,51e.525 and
surplus adjustments si2.113. First pre-
ferred dividends required S159,250 and
second preferred s14o,437, leaving
final surplus OF S71,27S
The New York herald., 1921-12-16
cold In hand incron.oa
400 SHOE WORKERS RETURN.

LuNH, Mass. Dec. l5.-The 400 en-
ployees of the A. T. Little Company
shoe manufacturers, who quit work two
weeks ago as a protest against the dis
charge OF cutter, returned to-day
Company officials announced ',at re-
sumption OF operations would be
gradual
The New York herald., 1921-12-16
rrD,L osAcE no DuY MAGMA.

Majority stockholders OF tho Macna
oil and Refining Company have con-
cludcd an arrangement with the Tidal
Usage Company, a Tidewetcr oil Com
pany SUBJ idiary. under which, subject
to the approval Of the Magma stock
holders. Tidal Usage will acquire not
less than $4,000 shares OF Magma stock.
Ono share OF Tidal Usage non-voting
common stock will be exchanged for
seven shares OF Magma stock.
The New York herald., 1921-12-16
PITTSBURGH REPORTS
INCREASE nv BUSINESS
Surrey by Credit Men Com
pores October to May.

PITrsBuRaH. Pa. Dec. 1.-THE Pitts
brrss Association of Credit Men. repre-
senting the most important manufac-
t''rinc and wholesale interests In the
Pittsburgh district. announced to-day
that business is improving in its ter
ritory.
Compilation OF replies to question
naire asking about the condition OF
business at the close OF October, AS COM
pared with the close OF May. showed
that 67 per cent reported an increase.
The New York herald., 1921-12-16
pacric GAS STOCK DIVIDEND.

The Pacific Gas and Electric Company
has declared an extra stock dividend OF
y share in addition to the regular
quarterly dividend of SIS in cash. both
paya bic January is TO stock OF record
December 81. This dividend VIII require
the ISSUANCE and distribution OF s6so,OD
additional common stock and SIS pay
ment will depend upon the authority or
the California commission to capitslise
that amount OF surplus.
The New York herald., 1921-12-16
CROP REPORTS POSTPONED.

WAsHrSoroN, Dec. 15.---Announce-
ment Of the years acreage. production
and value OF the country's important
farm crops by the Department OF Agri-
culture has been POSTPONED until De-
cembcr 2S. The December report on
acreage and condition of winter wheat
and rye has been postponed until De-
cernbcr 90
The New York herald., 1921-12-16
CASHIER ADMITS EMpEzzLrNG

PoRTLANp, Me-. Dec. 1i.--Robert l..
Bean. formerly cashier OF the Megunti-
cook National Bank at Camden. pleaded
grlty to embezzlement in the Federal
court to-day. He will plead to a second
count on December -.
The New York herald., 1921-12-16
FOREIGN MARKETS.

LONDON. Dec l5--Prices OF securi-
ties traded in IN the London Stock Ex-
change to-day were steady. Quotations
at the close or trading follow:
Bar silver, 35nd. an ounce.
Bar gold, oSs. Id.
Money, 2iA per cent.
Discount rate; Short and three months
bills, 3N per cent.
Two and one-half per cent. consols, 5ih.
British per cent. war loan, oON.
British Az per cent. war loan, s2N.
10 Beers, nM.
Hand Mines oH
The New York herald., 1921-12-16
CUSTOM HOUSE RECEIPTS.

The receipts for duties by the Custom
House yesterday were 1854 4,391.05, of
which s263.093.03 was for merchandise
withdrawn from bonded warehouses and
$4e1,2eS.02 for recent importations.
The New York herald., 1921-12-16
SUES oN $500, 900 NOTES.

BosroN, Mass. Dec. IS Joseph c.
Alien. Bank Commissioner. filed ia the
superior Court to-day five suits 10 re-
cover 100000 on noteG held BY the Ire
mont Trust Company when It closed a
year ago.
The New York herald., 1921-12-16
TINE yOANs.

Mixed collateral. 8 TO 20 days .........5 2
MiVed collateral, 10 months. 3
Industrfsls, 80 90 so days. s.................. 5
Industrials, to months. hs.................. 3
The New York herald., 1921-12-16

Paris, Dec. 15.-Prices of securities
traded in in the Bourse to-day were
firm. Quotations at the close of trading
were as follows.
The New York herald., 1921-12-16
COMMERCIAL PAPER.
DISCOUNT RATES. RESERVE rayx

Commercial. paper, 'i5 days. AZ; 80 to 90
daye. ~; Liberty bonds and Victory notes,
acccpiancos, u 20 90 days, Az.
.Fixed November 2. Previous rate, 8,
The New York herald., 1921-12-16

PARIS, Dec. 15.--The weekly state
ment OF the Bank OF France shows
changes as follows:
The New York herald., 1921-12-16
FOREIGN BANK STATEMENT.

LONDON, Dec. 15.---The Bank OF Eng
lands weekly statement elbows the fol-
lowing changes:
The New York herald., 1921-12-16
CLEARING HOUSE STATEMENT.
SILVER MARNcT.

Clearing House exchange, eT53, 800 600 .
balances, s3,2oo,0,o; Federal Reserve credit
bnin, cos S;N 900 Oin.
The New York herald., 1921-12-16
opEN MARKET RATES.

Call loans on acccptances. s..........1i ave,
Discount rates on prime bankers accent
anccs eligible for purchase by Federni RE-
serve Banks.
Bid. Ask. Ria Ast
30 days. 80. sk 81 90 days..... fiL az
GO days.... AZ Az 100 days. 49,. az AZ
The New York herald., 1921-12-16

Official bar silver In New York. domestic,
o3gsc., unchanged; foreign. 65%c.. Off gsc ;
Ibndon. a5Md.. off Nd. Mexican dollars,
4assc., off &c.
The range of silver prices this. year:
Highest. Lowest.
London ;.... 1870. Sept. "a sossd. Mar. :
The New York herald., 1921-12-16
FEDERAL RESERVE
BANK STATEMENT
Cash Reserve $8,000,000,0 900,
Highest in Systems History
-Acceptances Increase.

Special Despatch to THE New YORK HERALD
New York Herald Bureau,
Washington, ID. g., Dee. Is.
Increases of $24, SOC. 900 in deposit Iiabll-
tiles and OF s2o.4OO,00o in Federal Reserve
note circulation, as against a gain of
about s11 100000 in cash reserves, are In
dicated in the Federal Reserve Board
weekly bank statement issued as at
close OF business on December IA, 1871.
A gain during the week of SIS, ,200, 900 in
gold is partly offset by a loss of 81 900
In other reserve cash. Total cash re-
serves for the first time are shown in
excess of 5000, 100000. The reserve ratio
declined for the week from 7c.1 to 72.S
per cent.
Federal Reserve Bank holdings of bills
secured by United States Government
obligations increased about 5000 COO
larger increases In holdings of paper se-
cured by Treasury notes and Treas
ury certificates being offset in part
by reductions in paper secured by
United States bonds and Victory notes.
Other discounts declined $780, Oo1
while acceptances purchased in open
market, largely by the San Fran
cisco, New York and Boston banks,
increased by about s1s,O00.oo0. United
states bonds and notes increased s., ,s00,-
600, Pittman certificates, used as cover
for Federal Reserve Bank note circula-
ton. declined $50oooOO, while. other
Treasury certificates, largely held under
REsOUl
The New York herald., 1921-12-16

Reserve percentages OF a year ago calcu-
lated on basis OF net deposits and reserve
note circulation.
The New York herald., 1921-12-16
MONEY MARKET.

,rrIrrn nrcr,NrpEr, fn