davidaulloa/AmericanStories huggingface dataset:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20
ASKS ANNULMENT OF
MARRIAGE TO PRINCESS

BY Associated Press:
GREEN BAY. Wis. May 19.-The
proceedings for the annulment Of
his marriage brought by Capt. Wal
lace Schultz, Milwaukee engineer,
against his wife. the Princess Trou-
betsly. whose present whera bouts is
were heard In circuit
court Thursday.
Capt. Schultz testified that he was
married 10 Princess Troubetsky In
Washington. D. G. April %. 1920,
by the Rev Or. Robert Talbert.
After the marriag he testified, she
told him that she had a husband,
Victor A. Turin. Russian army OFF,
Ger. whom she had married in Bos-
ton and whom she believed was
killed in fighting overseas before her
marriage 70 Schultz.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20
CONTINUE GOLD EXPORT.
By Associated Press :

BY Associated Press:
MELBOURNE. Australia, May 19.
Sir Joseph Cook. the federal treas
urer. announced shursday that ex-
port Of current gold production
would continue unrestricted. The
federal government, however, he de-
clared. would adhere inflexibly 20 its
policy Of leaving the commonwealth
gold reserves untouched. During
the last Is months the exports OF
current gold production totalled
more than 5.500.00O pounds ster-
ling.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20
Beaches
VIII Pack Them
In This Summer
Dope Says ANY
thing Goes in Bathing Suits
East More Strict.

By United Press:
CHICAGO. May 19-Two good
reasons for wearing 1921 model
bathing suit. will be displayed By
women who visit Chicago beaches
this year.
F'orm-ftting one-piece bathing
suits. Will be shown, sold and worn,
investigation showed. Stockings viii
be the exception rather than the
rule.
Movies Of bathing girls have just
suits. according 10 leading dealers
here. and there isn't much demand
except for the one piece tank" out
hts.
Customers asking for something
novel" beach attires are shown caps
TO which designers have devoted
most Of their attention. silk tassels,
ribbons. embroidery. Jewels adorn
the dainty caps
Anything Goes.
Slip-ons. made of gay cOlored taf-
feta and silks Will make their ap-
pearance at Chicago beaches IL the
one piece suit for women IS out
lawed. However. judging from
statements in police quarters. moth
ing will be outlawed-anything goes.
Out I'm Los Angeles, they say 'let
your conscience he your guide" and
that appears to be the slogan gov
erning bathing suits styles at Venice
and other nearby beaches.
The shape. color and size of the
beach costumes are left to the mail
who wear them. Short one piece
suits i'm all colors without stockings,
predominate.
Many tourists are terribly shocked
at what they see on the beaches here
but they stick around.
In New York. the new state pro-
hibition enforcement law has de-
veloped a new regulation for bathers
at Long Beach. IT is this:
No hip pockets viii be allowed
on bathing suits. either for men or
women.
Watch Men Also.
Police Captain Barriscale n
charge at Long Beach. said one
piece suits would not be permitted
for either men or women. The lat
ter's skirts must extend TO within
an inch of the knees. Stockings are
not necessary.
At Coney Island. it was stated that
the anu-one piece regulations would
be strictly enforced.
In precise Atlantic City the police
are determined this year to suppress
radicalism-in bathing suits.
one piece costumes will not be
permitted and women bathers must
wear stockings.
The stockings must extend
above the knee and overlap the low
or extremity If the bathing suits
it was explained at Police Chief
Miller's office. "The skirt must also
he a real skirt: not a mere ruffle.'
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20
MAIL STEAMER BURNING

bN AHtUtIdItU IreSs.
NEW YORK. May 19-Fire which
started in the L. s. mail steamship
Panhandle State, berthed AT a North
river pier. got beyond control Of the
fire department Thursday night and
tugs began TO pull the vessel 70
midstream, where an attempt will be
made 10 extinguish the blaze by
flooding the after holds.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20

PITTSBURG. May 19-The gram
OF radium 10 be presented 10 Nine.
Curie OF Paris. discoverer OF radi-
um. at the white house BY Prest
Harding Friday left Pittsburg
Thursday in the care OF chemists.
who extracted II from the ore at a
laboratory here
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20

Build a log boat.
Make a fish pole.
Build an aqua
rum.
Make a real ca
noe.
Il uiId n bird
house.
Swim like ex-
perts.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20
CAPITAL PAYS
HIGH HONOR TO
JUSTICE WHITE
From Harding Down to Hum
blest, Men Pay Tribute
TO Noted Jurist.
WILL LOWER ALL FLAGS
All Government Business to
Halt Saturday Funeral
Services Private.


WASHINGTON, May ls-Edward
Douglas White. chief justice OF the
United Statee lay dead at his home
here Thursday night while men.
highest in the nations councils. Wed
with each other 10 do him honor.
BY order OF Pres't Harding, the
business OF the government will
come 10 standstiu Saturday. when
the body is carried TO its final rest
ing place in Oakhnl cemetery.
Georgetown.
Funeral services viii be private
hut wherever the American flag flies
over American troops ashore or
American sailors afoat. or wherever
II waves above an embassy. legation
or consulate. the colors will be low
cred TO half mast that the world may
know that America mourns a great
loss. In Washington. government
departments will be closed all day
from the white house down.
Even Greater Place.
Great as was his place I'm life
death brought a realization of the
even greater place. Justice White
held in the hearts or his cOuntrymen.
Wednesday he stood upon the high
est pinnacle cf legal renOwn: he held
an Office that has not it's like around
the world. that stands unparalleled
in history; and in his person was
typi1ed by the American ideal of
the supreme majesty OF the law
the will OF the majority of the peo-
pie.
But Thursday there was extoIled
the greatness OF the man himself:
his deep learning. his hewing to the
line OF right. his wise Judgments
And even more than these, men
among whom he had walked in the
long. busy years Of his life. spoke OF
his honesty and the simplicity that
has made him beloved. even as re
was honOred by the power entrusted
by his countrymen TO his keeping.
From the president 70 humble
folk OF the streets, Washington paid
its tribute of grief. The senate.
where once he sat for his native
state Of Louisiana to he hailed to
higher duties on the supreme bench.
stopped in full course when word of
his death came. An eloquent tribute
from Sen. Lodge Of Massachusetts,
majority leader and one Of the few
whose memories of the senate go
back TO visualize the ample figure
Of the jurist in that setting. marked
the adjournment. The house was
not in session. but a memorial OBJ
servanCe Of the death Of Justice
also viii touch its proceedings when
10 reConvenes.
send Sympathy.
Pres't and Mrs Harding drove 20
the White home. where the body of
the jurist lay. but did not intrude
upon the grief of the family They
remained outside and sent their
sympathy through word OF mouth
through the Justices niece who came
out 10 talk with them. From the
state department. Sec'y Hughes is
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20

Well. Dan Beard. Boy Scout
commissioner Of America, is go
ing 20 tell YOU about these things.
He'll give YOU enough amusement
for many days 10 come, in his six
stories on Summer Stunts For
Boys" The first story will appear
Sunday. May %.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20
HEY, KLDSL

In these days. when YOU like 10
be outdoors doing something that
is amusing. how would YOU like
90 know how to:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20
THE WEATHER

indiana; Fair and warm Friday s-d proha-.l
bly, Saturday.
Lower Michigan: Fair Friday, vxrmsr haa
north and east portions: Saturday unsettled. l
with probably showers and thunderstornA
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-05-20

9F'oNTTNUED Ocj PAGE FoUR)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26

Question-Will you kindly advise mo as
TO the respective merits of my hodirgs2
From time to time I hear many conflict
ing rumors and am uncertain whether to
switch or not. l bought on recommenda-
ton as prime investments ten shares
Northern Pacific at 81. ten shares Southern
Pacific at IS, ten shares brooklyn Union
Cas- Company at 50 ono dividends now on
this latter and runors Of adverse dividend
action on the rormer) Also own Third
Avenue Railroad As New York Telephone
rs. Hudson g. Manhattan refunding So
1857: Missouri Pacific general AZ southern
Railroad general As, Chicago, Milwaukee <
st. Paul refunding 4i.s St Louis & san
United St ates Rubber S.. international
Mercantile Marine IS and ten shares :.
Louis South western preferred and tn
shares Reading Railroad common at 80
interest and hope YOU can give me as good
suggestions as contained therein.-M. C.. o.
Answer-If you read the investment
column daily you must know that COM
mon stocks are not, Is rule, safe in
vestments. We think that your South
ern Pacific dividend will depend on the
extent TO which the private managers
can reduce operating expenses and
upon now soon return to more nor
NAL volume Of traffic takes place The
st. Louis E. San Francisco S earning the
interest on its income SIS at present.
but the continuance of this is Deepen
situation The value also of the Chi
cago, Milwaukee and ST. Paul refund
ing 4 rs depends on how successful tho
management of the company is in
meeting its operating problems. Tho
immediate prospects Of dividends on
the st. Louis Southwestern preferred
are not at ali good There appears to
be a confusion of mind shown in your
letter and in your list Of investments.
If you are looking for an investment
which is not affected in market price
by rumors and on which interest pay
ments are made by the company in
Zines of temporary depression, you
should shift from your common stock
into bonds or high grade preferred
stock On the other hand, if you can
afford to, and want to- buy securities
with the hope Of an increase in mar
ket price and an opportunity to sell at
a profit. n other words 20 speculate,
your holdings are not bad as they are
now, in our opinion. although we do
not advise IN regard to speculation If
you want to put yourself in q thor
oughly sound investment situation you
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26
Further Progress
Bv Reserve Banks
Reported in Week
Reserve Position of System
at New High for Move
ment; Local Institutions
Ratio Advances 2 Per Cent

Further improvement in the position
of the Federal Reserve system took
place last week, according to the state
ment of condition issued yesterday.
The ratio of total reserves to deposit
and Federal Reserve note liabilities
went to a new high for the movement
OF Cos per cent. compared with 65.S
per cent a week ago.
The New York Federal Reserve Bank
in its statement showed ratio of re-
serves to deposit and Federal Reserve
note liabilities combined Of 74.6 per
cent, against 1872 per cent week ago.
Its ratio Of gold reserves to Federal
Reserve NOTES in circulation, after set
ting aside 35 per cent against deposit
liabilities, scared to the record height
Of 1l4.7 per cent. compared with 1857
per cent the preceding week
The system as i whole showed gain
Of approximately $4,000, 200, while
borrowings of member banks under
went a further decline.
At the New York bank the gold re-
serves climbed $50 900, 900, the local in
stitution making a large gain through
the settlement fund.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26
Saws Tariff Will
Increase Steel Bill
"a Million Yearly
]. A. Topping Tells Senators
Depression Now Is Worst
in Forty Years of His
Experience in Industry

WASHINGTON, Aug. 25--The annual
steel bill Of the United States will be
Increased nearly s24.0oo, 600 under i'm
port taxes levied by the Fordney tariff
bill on certain raw products entering
INTO steel manufacturing John A. Top
ring. chairman OF the board Of the
Republic Iron and Steel Company, de-
eIared to-day before the Senate Finance
Committee.
Speaking in behalf of a delegation
representing independent steel COM
paaies. Mr.. Topping asserted that the
steel industry must look to a broad
market to keep its plants going, and
said the expansion could be accom-
plished only through low produc SION
costs. He told the committee there
was an exportable surplus of 20 per
cent Of the output adding that if rates
on the alloys we're reduced, providing
cheaper raw materials, the industry
would be able 10 maintain its place IN
world markets. By thus unloading the
surplus over home demand, Mr. Top
ping explained, the industry would
maintain 100 per cent labor employ
ment and said the cycle OF money cir
cula-ion could therefore continue with
OUT interruption.
Mr.. Topping said he regarded the
Fordney measure as q revenue tariff
and not as protective levy, in SO far as
the steel industry was concerned
Steel makers felt, however, he added
that they could accept the steel schedule
with slight changes in the rates on
.aw materials because it was tied up
With the American valuation plan Of
assessing duties.
The discussion turned suddenly TO
ambitions IN the steel and other indus
ries and brought from Mr.. Topping the
statement that the depression now is
the worst in his experience Of nearly
forty years in the steel Industry. He
estimated that steel plants, with their
mines and ether component factors,
were running less than 50 per cent #
their maximum capacity and that only
sbout 800. 900 men were employed a.
present against normal employment
q million and half.
at would be cheaper" he +oid the
committee. IL "a we're shut down COM
pletely now instead of trying to held
our organizations together. Our over
head expenses continue, and meanwhile
we have 10 feed some Of our own men
cut Of our conmissaries without them
doing any work"
c. A. Buck. president Of the
Bethlehem Steel Company, declared that
tie alloy makers should have protection
Ii order that they might develop so as
TO supply al Of the American demands
cat ne urged that the steel industry no-
De forced 10 carry all OF the burden
while such development was taking
place
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26
The Market

The bond market continued quiet
'rssterday ard prices showed few i'm
portant changes. About the only fea-
'sre was a decline from 1874 to 87.44
IN Liberty Loan So per cent bonds
on comparatively light dealings. In
Inc Industrial list the Cuba Cane Sugar
convertible = recovered further, rising
% high q 81 The Frisco r. R..
bonds were firm on the announcement
o. he declaration of the seni-anndal
interest Of , per CEN on the adjust
nsnt bonds ard an annual instalment
q per cent OF the income bonds,
payable October next While the d.
1and for bonds nas fallen off some
wat Of late competent judges Of the
market LOOK for revival Of buying
4 The fsf
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26
pennsylvania r. r.
Cuts Maintenance
Squarelv in Half
Heavy Decrease in Traffic
III July: Reduction in
Both Maintenance and
transportation Expenses

Pennsylvania Railroad earnings in
July 1921, fell off nearly $4,000 900, as
compared With July, 1920, notwith-
standing the fact that rates were from
20 to 80 per cent higher in 1921 than
IN 1920. This shows a great falling OF
Of traffic.
The management was able to reduce
transportation expenses TO an even
greater extent than the falling off in
traffic. but without a drastic cut in an
populations for maintenance the COIN
pany would have shown a deficit. Ex
penditures for maintenance of equip
ment were cut squareiy in two in July,
1921. as compared with July, 1920, and
maintenance Of way expenses we're re-
duced by nearly $500, 900. While 1t IL
possible to reduce maintenance CT
equipment expenses to some extent fol-
loving reduction in train miles-the
result of less business handled they
cannot generally be reduced as dras-
tically as the Pennsylvania figures
show without postponement of repairs.
Soathern Pacifc's gross earnings fell
off some in July 1921. as compared
Win the year before, and tra0sp Or-a-
ton expenses were likewise reduced
but no large cuts were made in main
tenance expenses and the net results
Of July operations showed an operat-
ing income of s3,453 600 This is an in
crease Of little less than half NIL
lion dollars, as compared with July.
1920 but is somewhat less than July.
1919, and only about half OF the July,
1918 operating income.
Illinois Central revenues were Off
roughly. million dollars, but a saving
was made in expenses of about $4,000,
600, which left the company with ST.
10000 operating income for the
month. comparing with few thousand
dollars only in July, 1920.
Apparently there is fair movement
Of coal to tidewater and the reduction
in Western Maryland's earnings N
July, 1921. as compared with July, 1920,
was only $4,000. The company made
saving OF over 100000 in operating
expenses, Of which about two-thirds
was accounted for by smaller main
tenance expenses and one-thrd repre-
scented saving and transportation ex-
penses. The company's ratio of cx-
penses to earnings is now below rs per
cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26

forN' Vhtarlo g " es
Colorado Fuel Has
Deficit of 1913, 752

For the quarter ended june 80, the
Colorado Fuel and Iron Company re-
ported a deficit after interest, taxes,
sinking funds, etc. OF S273,752. con-
trasted with surplus of s505, 527,
equivalent after preferred dividends to
$3.50 a share earned or the S34 235. 800
common stock in the preceding quarter,
and a surplus Of S1'l62,57l in the CORE
spending period Of 1920.
Net earnings from operation amount
ed TO $500, 400, compared with S2,13O-
272 in the June quarter year ago.
Operating expenses netted 1907 SOB,
against s1210o, O74 Gross receipts
we're S7,o9o,oo3, contrasted with s14,
1885,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26
Investment Information

could sell your Northern Pacific stock,
Brooklyn Union Gas stock, Third Ave
nue. As. st. Louis Southwestern pre-
ierred, Reading common and st. Louis K
san Francisco income SIS, and put he
money so received into American Car
and Foundry preferred American Lo-
connective preferred and two or thre.
good bonds; for instance, the OTIS
Steel Company first mortgage pcr
cent, recently offered a 90, due 1881.
secured by first mortgage. welding
S.lO per cent. More conservative and
With lower yield are the new North
ern Pacifc-Great Northern Joint s1.s.
and as a third to 90 with these two
we would suggest Colorado Z: South =
ern first As, due 1929, recently selling
at ~. yielding 7.15 per cent If held to
mAturitv
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26
Curb rices Drop
Again on Selling;
Pressure Is HEAVY
Durant Motors, Todd Ship
Among Industrials to De-
cline Sharply: Oils Are
Easier: ID. & r. G.. on List

lndustrials were under pressure on
the curb market yesterday and losses
were frequent throughout the list at
the close. Durant Motors and Todd
Shipyards were among the stocks which
displayed weakness. Denver & Rio
Grande, dropped from the New York
Stock Exchange. was traded IN.
Durant Motors broke TO PAX, off
nearly / y points, while Todd Ship
fell 3 Z points to IS q
Standard Oil of Indiana sagged as
the group ruled easy. dropping to 65s Is.
Anglo-American Salt Greek and Simms
also we're lower, but international
Petroleum regained fraction.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26

Questions Of general interest TO ,n-
resters 'cil be answered in this col
INN, IN aohich case only initials loill
DC used. Others 1ciN be answered by
mail address oil inquiries, inclos-
'ng stamped, addressed envelope. to
Financial Editor, The Tribune, Isl
Nassa~ street. Ne'e York City.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26
I.nndnn AEc.al NIarcs

LONDON, Aug 25.-~Standard copper,
SPOT. $50 IS Cd; futures, ss7; electricity
tic. spot. $40 los; futures. s72; tin.
spot, af4a % Sd futures, $3.50 IFS Sd !;
lead, spot s23 SIS; futures, f22 15s,
zinc, spot, s24 l5s futures f25 Is Sd.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26
Bank of England Statement

LONDON. Aug 25.-The statement
of the Bank of England for the week
ended August % fellows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26

The proportion of the banks reserve
TO liability this week is 1850 per cent,
last week it WAS 14.75 per cent Rate
Of discount 5i2 per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26

The Tribune print, each Gay TIA
maturity dates Of all active bonds quoted
on the Memo York Stock Exchange. The
return on a bond TO the investor depends
upon three factors: the rate Of interest
the security beers, the market price,
and the DISTANCE Of the maturity date.
To figure the precise yicld q bond ii
is necessary to use yield tables, but the
appro rirrnts visld can roughly be figured
out By the following form<la. Divide
the closing quotation on bond into
the rots of interest it pavs, and the re-
suit ,ciIl be the annual return. II the
bond is seElinc beIo:c par you raast
allolc also for the appreciation Of the
principal. To do this sxbtrart the mar
ket quotation from par, Or 100, end ii;
ride the remainder BIZ the rtu.5cr #
years the bond has to 11.., before NC
tu,-itv. For example, II a 8 per cen
bond Is selling at 90 and las ten yeare
10 run, The anrucI return fcu be 6.6s
per cent The difference bet'recr per
and the market prize rciu be 10 points
su6tracting 90 from, 100. D'r':dir0 ten
points bv ten vcors the q'sotse11t aciu BE-
l. This figure IS TO be added TO SOS +,
uhicA Is the cnrUcl return. ard the re-
esD' sc per ccrt sriu give you the ap-
ro1srtote pieLd.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26

PARIS, Aug. 25.-Thc weekly state
ment Of the Rank Of France shows the
following changes in francs:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-26
Federal Reserve Banks

SHlNGTON Aug 25The
the close of business was as follows
The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, 1921-06-29
GASTON SPRAYS.

The population, of our town seems
to be on the decrease, Mr.. and Mrs.
Perry Mack having moved to Swan
sea and Mr.. ard Mrs. W. H. Price
and family have moved to Columbia.
Castor boys played Sand Dam
team here Friday with score Of II
to 5 in favor of CASTOR.
Mr.. and Mrs. E. O. Fallaw of Co.
lunbia were the guests of Mr.. and
Mrs. l.. L. Goodwin Sunday after
noon.
Miss Bertelle Price was visitor
here Sunday.
Miss Bessie Sightler attended ser
vices at Harmony Sunday.
Messrs. Spurgeon Martin and
Dewey Williams and Misses Bertha
and Fannie Fallaw were out riding
Sunday afternoon.
Miss Annie Sturkie spent Sunday
with Misses Lottie Lee and Juanita
Goodwin.
Mrs. Trannie Fallaw Of Swansea
spent the weekend with Misses Ber-
tha and Winnie Fallaw.
Messrs. Cecil and Perry Mack spent
Sunday afternoon with their grand
father, Mr.. w. F. Mack.
Mr.. and Mrs. L. K. Backnan and
little daughter, Helen, have returned
to their home in Hamlet, N. c., after
spending some time with Mrs. Back
mans ma rather, Nj. p B. Taylor.
Misses Juanita and Esma Goodwin
spent Sunday with Miss Winnie Fal-
law.
Mr.. and Mrs. Claud Pound spent
Sunday with Mr.. and Mrs. j. j.
Mack.
A truck load Of. our young folks
chaperoned by some older ones mot
ored over to Mr.. D. H. Huckabaa's S
Sunday evening and took a dip in his
beautiful pond.
Messrs. John Fallaw and Gradeile
Hutto made a business trip to Colum-
bia Monday.
Mr.. Elmer Hutto of Cayce visited
homefolks here Monday.
Messrs. J. P. and L. L. Goodwin
and a party of folks from Columbia
ehioyed a fish fry at Mr.. A. F.
Moorer's pond Monday.