davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-29

ISiyland, in. Virginia. later on in the
summer-and so II goes with the
diplomats, On the other hand. tire
cabinet. in making its plans, Is facing
the fact that the men folk may be
kept here pretty much all summer.
The Secretary OF State. and Mrs.
Hughes have solved their problem
by subletting from Mr.. and Mrs. Win
throp Rutherford the charming little
place on the edge OF Rock Creek
Park which belonds to Mr.. and M-s.
Thomas Armat and which. appropri-
ately enough. is called "Graystone."
This is the place that Colonel and
Mrs. A. F. A. N. Thorne had when
he was attached to the British en-
bassy and which used to be the start
ing point for the cross-country paper
chases In which the prettiest girls
and smartest young men in Washing
ton society used to take part-the
girls. under Mrs. Thorne's tutelage.
learning to reel of ten or twelve
miles of stiff cross country walking
without turning q. hair.
For convenience sake. the, Hughes
will stay In town as long as IL contin-
ues reasonably cool But Graystone
ls now in readiness for them and
they can move in whenever the spirit
moves them Little Miss Elizabeth
hughes is with them, but Miss Gather
Inc Hughes has already sailed for
Europe and will spend some months
travelling abroad. The Secretary of
War and Mrs. Weeks have not yet an
nounced their plans, but they have
summer place in New Hampshire
which boasts of q mountain of it's
own and undoubtedly they will slip
of there for part OF the summer
The Secretary OF the Navy and Mrs.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-29
SPANISH AMBASSADOR
TO STAY IN TOWN.


Not since before the war has the
Spanish embassy been established In
summer quarters. The Ambassador
has had too many important matters
on hand to get away for more than
q few days at a time. nor will he be
able to leave this summer. Nine. de
Riano will stay on with him until late
in the season and then will 60 to
York Harbor. Ne, to be with her sis
ter. Mrs. Chandler Anderson, who has
a summer home there.
The Peruvian Ambassador and
Mime. Pexet expect to 20 home some
ing this year the centennial OF her
Independence and there Is to be an
exposition At Lima which will
draw It's patronage from all
over the Americas. The Pezets hope
to be- able to reach Lima in time
for the opening Of the exposition in
July, but have not yet been able to
make any definite plans. They are
going to New York tomorrow for 4
few days as the Ambassador Is sched-
ulcd to add. ess the Southern CONNER
ciai Congress on Wednesday.
-
It seems to me, I've been hearing
about numbers of people who are
going to South America this summer.
Mrs. Henry F. Dimock is sailing the
middle of June. She's bound for
Venezuela of COURSE, to stay with her
son-in law and daughter. the Italian
minister to Venezuela and Nine. Ca
talani, but probably she'll visit Lima.
too. and take in the exposition. Mrs.
Victor Kaufman also expects to go to
Peru and Comdr and Mrs. Frank b.
Freyer are trying to persuade Mrs.
Joseph Hampson to visit them this
summer.
Mrs. Hampson says she doesn't ex-
rect to be able to go, but II gives her
pleasure just to think about the pos
s;bility. Commander Freyer. you
know. was detailed by the Secretary
Of the Navy to reorganize the Peru
have been In South America nearly q
year. Comdr. and Mrs. Paul Fitz-
simons-she was Elsie French Van
derbilt. you REIMBURSEMENT with
them. Commander Fitzsimons being
member OF the same commission;
but understand that he has resigned
and that they are coming home short
ly.
Mrs. Kaufman is going to visit
some cousins OF her husband who live in
Mfrahores, near Lima And on her
way to Peru she expects to stop Off
for a visit. to Col. and Mrs. Clarence
Ridley, who have recently been or
dered to Panama for station. Mrs.
Kauffmann's particular chum, Mrs.
Clarence Day. Is going to Panama,
too, to stay with Col and Mrs. Peak~
but she 10 sailing right away ana VII
probably be home before Mrs. Kauff-
mann gets started.
She doesn't expect to leave before
some time in July, as she is waiting
until her son. Samuel II. Kaufman,
q nd his bride, who was pretty Miriam
Hoy. get back from their honeymoon
trip to Europe. They are going to
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-29

(continued from Preceding Psgs)
Tor the nrst entertainment at the en-
basSy At which she was hostess was
ths reception given in honor of Bel
sssn's most beloved preiste, Cardinal
Assctsr. A few months later came the
visit OF the King and Queen Of the
6eigians to this country. and they
vera OF course. entertained at the
emeassy. Baroness de Cartier Is one
o. the best dressed women in the
OiptomAtic Corpa- Her clothes an
bear the stamp of Paris and are al
r~ys Just . little ahead of the modes
In Wsshington.
Nine LeBrston also II dressed By
2 famous Partsian modists and 10 Al
ways . smart and distinguished fie :
urA while her niece, Miss Lloveras.
10 most charming. She 10 the hero
Inc Of q tragic romance. Within A
Few months OF her arrival in WASH
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-29

of tho embassy stafr have do
cided to go to Bar Harbor In order
TO be within easy reach of the Am
bassador and will occupy Mrs. John b.
Henderson's cottage there. 1t will be
a gay household. for these young
people are bubbling over. with lifo
seasoned by keen sense OF humor
and the presence of these 'marriag-
able eligibles" is likely to contribute
no end to Bar Harbor's popularity
with the girls.
Tho minister of Denmark. Con-
stantin Brun, has been going to
Bar Harbor for twenty years and
will probably have q cottage there
this summer. And the Minister OF
Rumania and Princess Bibesco wiil
spend July there In order to be In
touch with the British embassy con-
tingent Princess Bibesco. you see.
was Miss Elizabeth AsquithS daugh-
.er of Herbert Asquith, sometime
Prime Minister OF Great Britain,
and since coming to Washington
her closest intimscie naturally
enough, have been with the British
contingent. In August she expects
to go. home for a few weeks. but
SO far Prince Bibesco has not mads
plans to accompany her. They will
not take possession until autumn
of the new legation which the
kumanian government has pur-
chased.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-29

q Sullivan. to his son. Boeius Sullivan.
10 to be largely devoted to the estss-
iishment Of scholarships for Chioars
youths In various American univer -
ties. Eventually there are to be % n
year four Roger C. Sullivan scholar
ships and there viii be also scheis--
ships 1t Andover Academy from which
Boeius sullivan was graduated
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-05-29

ington her engagement to Lieut.. Lui /.
81 BartolucciDundas, then attached
to the Italian embassy. was an
nounced, and while preparations for
the wedding were being made, no
died. Last summer when the Lee
Bretons were In Europe. Miss Lloveras
spent some time with Lieutenant Bar
tolucci's people and II Is probable
that she will visit them again this
year His sister, Miss Ciementina
Bartolucci- Dundaa. who kept house
for him what time he was on duty
in Washington. Is q close friend Of
Miss Lloveras-
-
WILL SUMMER AT
DARK HARBoR.
Tho British Ambassador and Lady
Geddes will go to Dark Harbpr.
Maine, this summer.
A gpoup of bachelor members
New-York tribune., 1921-12-03
Labor Boards RnIinr

Among the important features Of the
Railroad Labor Boards ruling regard
ing new rules and working conditions,
railroad officials state, are the elimina-
tion of the punitive overtime p-ovi-
sions of the national agreements for
work done in shops and the increased
power given the carriers in the selec-
tion and hiring of apprentices. An
other noteworthy change is the sug-
gested Redistribution Of all shop en-
ployees. The rules, where similar to
the rule in the national agreement, are
not to be understood or construed as
carrying with them the interpretations
placed on them by the railroad admin
istration, by the adjustment boards or
any other agencies acting under that
body. They are to be considered and
construed as new rules adopted by the
Railroad Labor Board and in accord
ance with the transportation act.
New-York tribune., 1921-12-03
I'm Wall Street
More Merger Rumors

With the fact definitely established
that negotiations for merger
of independent steel companies are
actively under way, Pittsburgh advices
yesterday stated that n consolidation
of all the Independent coal properties
in the Panhandle field is contemplated
Such merger, it was said, would in
volve property valued between $50 0,000,-
600 and S60,000,000. Further inquiry
regarding the reported $2,000,000,0 900
combine of independent oil companies
in the financial district brought forth
further skepticism as to the probable
reality of so large consolidation. In
terests in this city identified with the
Transcontinental Oil Company declared
that this concern had no intention OF
going into such merger. 1t was fur
ther stated that the company is ncgo-
tiating deal with one Of the Standard
Oil companies covering its Colombia
acreage. An announccm may be
made within the next few days.
New-York tribune., 1921-12-03
Curtailment Of Credits

Discussing the credit situation, the
Mechanics and Meals National Bank
says in its December review: $50 far
as the curtailment of credits in the
present period of defation is con-
cerned, it cannot be said that lower
discount rates at New York reflect an
orderly and even curtailment in ali
sections of the country. They do re-
fleet for certain parts of the country
successful liquidation; for the East
in particular they indicate that COM
mercial and industrial loans have been
decidedly reduced. In the producing
sections of the West and South it is
true that deflation of prices has pro-
ceeded very far, but deflation of debts
has not kept pace with that of prices.
Hence a large amount of what is
termed frozen credit still stands on
the books of the interior banks, and
the process of dehation has seemingly
struck hardest here, inasmuch as those
efforts which have been made to bring
about credit restrictions have contrib
uted to force prices downward, so that
fresh amounts of frozen credit have
been created. At current market prices
many of the agricultural producers
according to statements received from
the West, will hardly break even on
this years operations, and the diff
Guilty of the situation lies, therefore
in the ability of these producers
promptly to meet their demand OBJ
legations"
New-York tribune., 1921-12-03
American Car and Foundry,

American Car and Foundry followed
up its 57a point advance of Thursday to
149 with a further Use yesterday to
1919, a new high record price This
compared with the high of 148as
reached in the 1919 bull market. Buy
ing of the stock is believed to be partly
of an investment character, as the com
pany went through the period of de-
preston with flying colors. AS the re-
suit of reserve set aside for the pur
pose it continued the payment of its
~ per cent dividend while many other
companies were either reducing dis
tributions to stockholders or eliminat-
ing them altogether. For the fiscal
year ended April so, last, the company
earned a surplus equal to $2l.50 a share
on the common stock. This was a year
disappointing in car building and car
repairing to most equipment COM
panies. With the improved outlook for
1921-'22 it is expected that Ameri-
can Car and Foundry will come in for
the lions share of this business. At
the beginning of the current fiscal year
the company had S30,000,000 of untitled
orders on its hooks
New-York tribune., 1921-12-03
Steel Stocks Advance

although the steel stocks on Thurs
day failed to respond to Philadelphia
dispatches telling that meetings had
been held this week looking to a merger
Of seven leading independents, official
confirmation of the reports of negotia-
tions was followed yesterday by active
buying in Midvale, Lackawanna and
Republic, which are mentioned as
likely to go into the consolidation. Tho
manner in which the shares of these
companies were bid up suggested the
presence of "slumbering short in
terest." Lackawanna made the largest
advance up to 47A, with the close at
46R, net rise of A points. Republic
lost some of it's early gain, but ended
the day 22s points higher at 53, while
Midvale was up ga at 20. The belief
is shared by the Street and the trade
alike that contamination of an indie
pendent steel merger is still a con-
siderable distance off.
New-York tribune., 1921-12-03
lndustrials Up
As Rail Rally
Comes to End
Burlington Dividend Checks
Rise in One Group, but
Other Is Active, With New
High Marks i'm Instances

Impulses making for strength in in
dustrial stocks, which manifest them
selves on Thursday, gained notably in
strength yesterday and carried many
securities to high marks for the year.
On the other hand, profit taking sales,
which began after the favorable news
OF the extra dividend action Of the
Chicago, Burlington & Quincy directors
was out, depressed the railroad shares.
In the foreign exchange market,
where the European exchanges had
been Arm for several days-sterling
reached the highest level since 1919 on
Fhursday-there was sharp reaction.
In the terms Of Old World curren-
cies, the dollar regained its recent
losses. The reaction was partly a
natural speculative rebound, but was
facilitated by the report from Paris
quoting a British member of the Re-
parations Commission to the effect that
he had not recommended a mora
torium for Germany. French external
bonds, which had previously been weak,
recovered yesterday as the character Of
the reports from overseas changed.
In the stock market. the speculative
imagination was fired by unofficial re-
ports regarding the proposed merger
of important Independent steel COM
panies. At the outset the shares of
companies believed to be involved we're
eagerly bought, aad prices rose from
two to four points. The copper shares
were likewise in demand. The buying
was encouraged by the further evidence
IN the weekly Federal Reserve state
ments that fundamentally credit was
becoming more abundant, and that the
objectives of credit defation had al
ready been to large extent attained.
In the afternoon some irregularity
came into the market, and the rails be-
came especially heavy The average
price of twenty rails was 66.40 at the
close yesterday, compared with Ct o5
the previous day. On the other hand
that of thirty typical industrials was
1898, against 1880 the previous day
Bond prices suffered slightly from
realizing sales and there were ir-
regular cross currents. In view of the
swiftness of the rise over protracted
period, days of profit taking are in
evitable. And yet there seems abun-
dant reason to believe that the adjust
ment of bond prices to progressively
easier money rates will go substantial
ly further.
Cotton prices fuctuated within mar
row boundary posts, gaining l to 9
points. Wheat quotations at the final
sales varied from losses cf Is of a
cent bushel to gains of Y cents.
New-York tribune., 1921-12-03
Union Pacific Financing

Preliminary discussions have begun
relative to new financing by the Union
Pacific Railroad for refunding the
issue of Sl4,931 900 of Oregon Short
Line Railway first gold 6s falling due
on February l next. Reports from
Chicago yesterday intimated that the
financing would involve the sale OF
100000 to $30,000,C00 of new Sc
curites. Bankers here, however, asso.
ciated with the Union Pacific, sale
this was an exaggeration and the
is expected that a definite deal will be
concluded before the end of the year
New-York tribune., 1921-12-03
The Dollar in Foreign Exchange

Although a general reaction was ex-
pected in foreign exchange rates yes
terday as a result of Thursdays sharp
advance, the setback was accelerated,
tic view of the moratorium plan for
Germany.
Cable rates on London at the close
Of $4.05 showed net loss of 2s4 cents,
and French francs dropped back to 7.25
cents. German marks lacked support
and sagged to .43 of cent, against
.54A on the previous day Guilders
were stronger, however, and changes in
other parts of the list were small.
New-York tribune., 1921-12-03
ROYAL Dutch Dividend

According to London cables to the
financial district yesterday, the man
aging board of the Royal Dutch Pc
troleum Company has decided to pay
an interim dividend of Is per cent in
cash, payable January 18. The in
terim dividend, it is said, is being paid
exclusively from the proceeds of enter
prises outside the Dutch East Indies.
New-York tribune., 1921-12-03
General Gas Subsidiaries

Subsidiaries of the General Gas and
Electric Company reported surplus
for the twelve months ended October
81, after expenses and taxes and in
terest on funded debt Of the General
Gas and Electric Company, including
interest on income bonds, of 1892, 1854,
and net operating income for Octo-
her of $266,116, compared with $204,-
929 year ago, according to state
ment issued yesterday. Operating in
come for the twelve months was ST.,
ol9 364
New-York tribune., 1921-12-03
No s. O. Stock Dividend

Standard Oil Of New Jersey officials
yesterday branded as false reports that
the company was contemplating the
declaration of 400 per cent stock
dividend. The following official state
ment was issued: "Officials of the
Standard Oil Company Of New Jersey
stated this morning that there is no
truth in the report that the company
has decided upon the payment of a
stock dividend. No meeting for the
consideration Of this question is
scheduled" Before publication of the
company's denial the stock sold at the
new high price Of 1872 and after the de-
NAL was made public reacted to 1856.
New-York tribune., 1921-12-03
Paris Market IRREGULAR

PARIS, Dec. 2.-Prices moved rreg-
ularly on the Bourse to-day. Three
per cent rentes, 55 francs; exchange
on London, 55 francs 45 centimes; s
per cent loan, 80 francs 20 ceptimes.
The dollar was quoted at 13 francs 81
centimes
New-York tribune., 1921-12-03
Buenos Ayrcs Loan

The report is persistent in invest
ment banking circles that the city of
Buenos Ayres is conducting negotia-
tions with New York banks for loan
Of at least s25,OO0,000. Two or three
houses are directly concerned in this
business, it is understood, and it is
not improbable that an early announce
ment of an offering Of Buenos Ayres
bonds will be forthcoming.
New-York tribune., 1921-12-03
London Market Steady

LONDON, Dec 2-Prices were steady
on the Stock Exchange to-day. Bar gold
was quoted at l01s 3D. money was
loaned at 2% per cent. Discount rates
We're. Short bills, 81 per cent. Three
month bills, 11-1S per cent.
Closing stock rrices:
New-York tribune., 1921-12-03
international Mercantile Marine

While government subsidy talk may
be a factor in accounting for the recent
strength in international Mercantile
Marine shares it was pointed yesterday
that there may also be a settlement
before long OF the company's account
with the Shipping Board Out Of this
agreement it was said, there may come
enough cash to enable the resumption
of payments on account of the arrears
on the preferred stock. The company
in it's last balance sheet reported ac-
counts receivable of $4,000, 900. con-
sisting chiefly, it is believed, of
amounts due from the government.
New-York tribune., 1921-12-03
Dividends
Extra

Mercantile Trust Co.--An extra dividend
Of 2 per cent share has been declared. in
addition to the regular quarterly dividend
OF : per cent. Both payable January l,
1872 to stockholders of record Decem-
Der Is.
New-York tribune., 1921-12-03
Money and Credit

Call money held at per cent
throughout the day yesterday. Time
money is also lending at that rate,
although loans on Liberty bonds are
being made at AK per cent.
Yester- Year
day. ago.
On industrial collateral....
On mixed collateral. ...... z
Time money (mixed collateraD:
Sixty days ............. 80yS 12
Ninety days .... 8@Sh
Four months ... 8@Sh
Four to six months. -. 5 S@81a
Bank Clearings Bank clearings at
New York yesterday were: Exchanges,
1894 100000; balance, 87,500000.
Silver - London, 3711d; New York,
Mexican dollars, 81 1ac.
New-York tribune., 1921-12-03

u. Bid. Asked
lKayser Ist pr.loO 40
do ist pr. 100 10
Kelly Spr pr. - IS
do s PC pr. ss 80
Kelsey Wheel. 6N IS
x & d NJ pr IS %
Krcsge pr ..lo2 l07
Kress 4 Co.. e5 90
z do pr LOO
L & II pr. .losiz leag
DO 3 $50 l5sls
Lima Loco pr 80 20
L-lV b lsr pr &c %
= do ID pr. 30 ll5
Mackay Cos. =. ~ Sats
Nah Coal -. l2H lsi2
Mallinson -. l2ls ltas
- Man Sug pr. SO
Manhat Beach Il ~
N 81 Ry pr. l7& I77s
Nd, DO "a % grr. 81 u -
Max Mot Ct. q ~
81 do lst pr c. 3 S
do I'd pr CT. ,
do 4 ..... IS
May De st lo5iz l06ia
MSP&SSM pr 90 s5
do lsd lines. 5Ssz
y Morris & Is. 6Sis -
\ c & S pr ca 70
p Il d s. pr. 81 9S
Nat Lead pr l05 lG9
MIR VI lst pr :
\ y c & : / II 73
\ Y Dock pr % 564
~ Y l. " " S75a
Nurnally 80. II la
ono Body g.. "a sh
Ohio Fuel =. IS so
erpa circ pr 90
Otis Steel pr. ~
i'z Pacific Coast. 10 20
do lst pr. - 30
do "a pr. q. 90 50
Y ? f " Il C.l0l
do pr ...I0i
Z Pitts Steel pr. 81
pr Il Ref pr 40
hys Sec -... e0ts IS
a. Reading ID pr 43is -
Refs Il CO.. Sis 10
do lst pr. - 81
Rem T lst pr Il 81
do I'd pr. ~ 60
S L Sw pr. 3s5a 3i.s
: r Il Su pr - S5
stand NH pr 81 81
a. Steel Tube pr IS sax
Stern B s pr. 50 50
lSiudebaker pr. 90 l0S
y. sup Steel S0a 81
~ DO pr .. ga,
- T & 7 Id IT. go 800
Trans & w : SS'5 -
~ Twin City II L Sois So
do pr ..... - %
Underwood T.lo9 l9f
~ do pr .....1GIA is
~ On CigSr ST 100 l75
do pr i0iA
L S l Al pr. 50 80
Weber e He'll L l2,z
Wis Central. - 50
Woalworth pr.ll5i2
iWP & NJ l1r 4 so So
New-York tribune., 1921-12-03
Bid and Asked

Following are the closing bid ard
asked quotations of stocks listed on the
stock Exchange. in which there were
nrnc+in,s Yesterday:
New-York tribune., 1921-12-03

Bid. Asked
Ad Rumely -. ~ lS
Ali Realty =. 20 oo
a s'''ej Bk Note pr 4sA 81
An Coal 49,. =
& : Cor OH pr 45 ~
Am La France So 2
Am snuff pr IS -
A v W 6 pr. - =. 10 =
do I &c pr. oefs o 90
Al. WI pr..- ~ ~
Ann Arbor -
Art Metals - "a. -
A o c lst pr y "a Z
do ID pr. 20 ,iS
Allan Ref TT ~ -
Alas A,ias Tack T.. lslh x, y
ausSia Nichols 1895 loH
49, u" mr. "a 60
Auto sales pr u -
Barnett Lea. - os o.
do pr ... - ~ ~
Rarusdau -. y %
Ba.opi,as NJ. =
neech Creek. 22i2
Il Nut 7 pr 9S
Keith steel pr %
BuT i & 7. 40 So oo
Ruff ( 5 pr. 80 54N
Far Farms Brs pr 1904 us
Can Southern. ab : 90
Case J I pr IS So
I Certaintecd .. 20 80
10 Is; pr- 81 -,
. C & X ~ pr.lle ~
/ chi pneu Tool 5lA -
( G S z VI & O - 80
( CCC& s L pr 6s -
! q & Pitts. 64s 90
Ciuest Pea pr S6
C & S "a pr 5Siz 5s'
/ cont Car pr. % ioi
C'rex Carpet. .. 30 %
C,u Steel pr So
/ Gu Am Su Pr = -
De Beers .. ioA ~
Det Edison . - -
Diamond u .lo3 le5
d S 5 & A. 3 -
do pr 1880. 4
Durham Hos. ~
do pr ss4 q
Fast kodak. 600
Elkho,n G pr 81 80
1 Erie < pits. ~ -
Fairbanks o.. u -
Fed n & &. 8 g
do pr ..... 81 = Sa
Gen Cigar pr. % 100
do rr deb - sS'
Gu,i,aud o pr -
Cray Davis. Q 81
Guf NJ Il y. 6 81
do pr 49,. lSN 10
( Hartman Corp % s.
| Herdee Mfg e.. l5is lsi
Hyllrsulic 81. 50 81
] Ii Central ! ! eT%s -
1 Int Her pr. 10lA
Int Nickel IT 60 20
Int SAT- .. ~
Iowa Central. 3 8
New-York tribune., 1921-12-03
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings

{Copyrght, 1871 New York Tribune Ino)
tncks
Hickory daily record., 1921-06-08
CITY WILL BUILD
TT LIMITS OF
HICKORY

City council passed a resolution
last night pledging Hickory to build
hard surface streets to the eastern
and western limits and authorizing
Mr.. R. M Bumgarner, member OF
the county board Of commissioners to
inform that body at it's session today
of the decision of the aldermen.
The county commissioners, who will
sign the co ntract with the state for
hard surfacing the Central highway
from Newton to the Burke county
line, wanted assurance that no link
would be left ous in the concrete
chain. This was unanimously given.
Council will see that proper perma-
nent streets are built in Hickory lead
ing to the improved roads.
Council also authorized City At
torney J. L. Murphy to classify and
revise the city ordinances with a
view to having them printed. This
work has not been done since 1915.
and it is necessary in order that all
the city laws may be in easy reach Of
ALL