davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-10-27
In, Wall Street
sugar Merger Reported

Rumors that big sugar merger is
under way, headed by the Howell in
tercsts, were heard in the Street yes
terday. The Cuban American Sugar
Company, with raw sugar produc-
ton Of about 100000 bags q year. is
the largest of the Howell properties,
among which also is the National
Sugar Refining Company, which re-
ouires close to 4,00O,o0o bags of raw
sugar annually. In addition the so
called Howell properties include B: H.
Howell Son & Co.. the Central Aguirrc
Sugar Company, the Chaparra Sugar
Company, the Colonial Sugar Company,
Holly Sugar, Guantanamo Sugar and
others. The big Warner Sugar Re-
fning Company, according to. the re-
merger. A merger of the size men
toned in the rumors of the Street
would be formidable rival of the
American Sugar Refining Company.
New-York tribune., 1921-10-27
Royal Dutch-Union Oil

Union Oil shares moved forward yes
terday under active buying, which was
said to be largely for the account of
Royal Dutch interests. In one quarter
it was said an announcement would be
made soon that Royal Dutch had ac-
Quired more than 75 per cent of the
stock, but the rumors were not off,
cially confirmed. Union Oil, which is
Delaware corporation, has outstand-
ing 1871 shares out of a total
authorized issued of 100000 shares of
no par value. The report that deal
with Royal Dutch was under way was
current last June, but at that time it
was officially denied.
New-York tribune., 1921-10-27
NJ. 3 NJ. Paper Co. BOIlus

Spencer Trask & Co, Of New s,5 Ire
Albany, Boston and Chicago; 2;;,.as ss'w wis.
n MarsSall i & nsley Bank, the FIrsi p1ssss + s
consin Company and Edgar , n s. ,Oeg,-
Co., of Milwaukee, are ofeTlhs II per
600 first (closed mortgage Of tss
cent sinking fund gold -oTnuo psn.r Con-
Marinette and Menomines fapi faspinsl. in-
pany, guaranteed as to pritss, me- Cont
terest and sinking fund M:ns Gy The bOn.al,,
mental Paper and Bag NILS; ,oea and viii
will mature November 1, lsSsr ssf date be,
snaas ss s3ass2ass 28ssnsss ss '9y sss ! e ( :.
Psis's' ss sf sss Ps' t :sss
ton thereof. of the upe1p'add pa viii ~
ssf eaire oGhs' the payment me essh year sss'1os 8 -
sufficient to retire at leass 9.nuaslig,
value of bonds of this issue -. ...,sssgssassI
New-York tribune., 1921-10-27
Recommends the Use of Conner

The Importance of greater co-opera-
ton between the copper producers and
the fahricators is stressed by Walter
Douglas, president of the Phelps
Dodge Corporation. in en- article in the
October issue of "The Mining Congress
Journal" Mr.. Douglas, after reviewing
the part that copper played in winning
the war and the manner in which
substitutes were put forward in thas
period in the arts of peace, declares
that it Is not good business for CON
sumers to continue the use of copper
substitutes in the field where they
were pre-eminent. Hundreds of mil
mons OF good American dollars are
invested IN the copper and brass inr
dustrles'" ne says. Great plants have
oeeh reared. IL is of national i'm
portanee that these huge inuastrnants
New-York tribune., 1921-10-27
Bankers Leave To-morrow

A representative delegation of New
York investment bankers is leaving
tomorrow afternoon for New Orleans
to attend the annual convention of the
Investment Bankers Association, which
holds forth there from October 81 to
November 2, inclusive The bankers
are making the trip by special train.
A number of important reports will
be laid before the convention, not the
least interesting OF which will be one
prepared by the railroad committee of
the association which is understood to
recommend the abolition of the Rail-
road Labor Board and the delegation
of its duties to the Interstate Com
merce Commission. Special trains are
leaving also from Chicago, St. Louis
and the Pacific Coast.
New-York tribune., 1921-10-27
Invincible Oil

After it became known yesterday
that Invincible Oil's Offering of 150-
600 shares of additional capital stock
viii be at $40 share to present
stockholders, on the basis of one
share for every three shares held, a
buying movement started on the ex-
cnange which carried the price of the
stock at the close up to I'm. net
gain of q points. For the last few
days the stock acted heavy. but it was
apparent yesterday that the interests
behind the new issue were determined
to make it look attractive. The addi
t'onal money will place the company
IN position where it can take ad-
vantage Of the crude oil situation
according to latest reports the com
pany's wells have a settled production
Of 5000 barrels day, with the two re-
hneries running more than 5000 bar
rels day.
New-York tribune., 1921-10-27
The Dollar i'm Foreign Exchanqe

Exchange on European ccnters devel-
oped an easier tone in quiet trading
yesterday and slight reactions were
general. Business was in smaller vol
ume than for many days.
Cable rates on London showed net
loss of X cent at $394A Changes
were small in other parts OF the list.
scandinavian rates were steady.
Except for a reaction in Indian rupees
and n stronger tone for Brazilian and
Chilean exchange, rates on the Far
East and South America were un-
changed
New-York tribune., 1921-10-27
Motor Financing Reported

Several important brokerage houses
took the position yesterday that the
motor shares should not be sold at
current levels because Of preparations
being made for some new financing,
which will be accompanied by strong
speculative possibilities. The point
was stressed that the listed motor
shares will not be allowed to look
weak while the new financing is on.
New-York tribune., 1921-10-27
London Market Quiet

LONDON, Oct, 26. Trading was
quiet on the Stock Exchange to-day.
Bar gold was quoted at 104s I'd; money
was loaned at per cent. Discount
rates were: Short bills, 3A per cent;
three-month bills, 1l-16 per cent.
Closing quotations on stocks were:
New-York tribune., 1921-10-27
Paris Market Irregular

PARIS, Oct. 26.-Prices moved Tbrs, 1's
uIarlv on the Bourse to-day. .in,ss; i"ss
ner cent rentes, 54 francs so ceati@,sss, aa rss,
exchange on London, 90 frahes srones 4.
times; 5 per cent loan, 81 Lroh5 nots5 81
centimes. The dollar was q-'
l3 francs 63 centimes.
New-York tribune., 1921-10-27

be kept busy, and pending the 'disi, Fl
iustment Of Europe's economic az ilrys
culties they must depend IN i'm ny
measure on domestic consuuip''V"'
New-York tribune., 1921-10-27

Bank ClearinGs-Bank clearings at
New York Yesterday were Exchanges,
$586, 100000; balances, s52,e0O,O0O
SIver-London, 395ad; New York,
domestic bar, 99A c; foreign, 69asc;
Mexican dollars. $3.50.
New-York tribune., 1921-10-27
Bid and Asked

Following arc the closing bid and
.sked auotstions OF stocks listed on thu
Stock EychanSe in which thele we're
40 trar % q. irns veetercA,
New-York tribune., 1921-10-27

Checks. ....... S.45 3.45 435
ECUADOR (par 48. so cents sucre)
Checks 25.00 $500
CHILE (par 36,5 cents a peso)
,, Ghceks ..... 'llG2ha l1.37a 15.37M
URUGUAY (par 103. - cents poso)
:, Checks ......66;75 6s.75 so.s2la
VEN EIuELA (par'19.3 cents bolivar)
Checks ..,......lG,26 1925
Canadian Exchange--New York funds in
Montreal, SIS per cent premium; Mont
real funds in New York. 5 Is per cent dis
count
New-York tribune., 1921-10-27
Money and Credit

Call money eased off to 51a per cent
following renewal rate of per cent.
The higher rate prevailing the last few
days is believed to have attracted
funds here from the interior.
New-York tribune., 1921-10-27
Transactions Yesterday i'm Listed Stocks
Summary of Stock Exchange Dealings

Copyright. 1921, New York Tribune lncl
The herald., 1921-06-23
NATIONALS VICTORIOUS.

ON Sunday. June 18th. the Ma
.ionals defeated the Alg!ers Stars to
a score OF Seven-four at Cleves Park.
NcDOnOghville.
One OF the most exciting features
If the game was Il home run. gotten
by one OF the Nationals most skill
al PLAYERS. "Bahrman French.
The spectators in the grandStand
BURST into cheers. as he knocked the
ball over the rear fence.
The Algiers Stars have for some
time been considered the best play
ars Of their district, but they were
compelled to give up the champion
ship to the Nationals. who proved t'
be far superior 10 them.
In the afternoon OF the same da!
he Nat onals defeated the hornets o
New Orleans. to score of eight Il
seven. DO they deserve praise? II
say they do.
The herald., 1921-06-23
TWO FOR NATIONALS.

The Nationals OF Algiers defeated
the Algiers Stars Sunday morning at
Clees Park. -. GOSsat pitched lot
tho Nationals and was wild at times.
but tightened up in pinches. Frehch'
The Nationals cond sacker' hit
home run over the left field renee
in the first innniug scoring Con
ahead OF him.
This game was the first nine m
ming game played by the Nationals
and they played an all-round gam e
CahilI and Cazabon were the batter
es for the AIgiers Stars.
In an exciting game Sunday even
inc the Nationals defeated the HOT
N Is of New Orleans at the Anglers
baseball green to the tune OF So
Hildrrbrand pitched and he also
Jared with the stick by batting ou'
q homer and three-bagger. VI
Maroon, and French also featured
with their hitting, b yens stars II
the field with his wonderful eaten OIL
Menge's long fly into the crowd. m
bach. the famous jGrinney). also
made Two good catches. The
Nationals will play the Bernhart'
SUNDAY at Clees Park.
The herald., 1921-06-23

4 western man is the new char,
man of the Republican Natlona
Committee. He is John /. Adams
OF Iowa. who four years ago was
the candidate against the retlrinR
chairman. VIII II. Hays, who l.
now Postmaster General.
The herald., 1921-06-23
Important Experiment.

Domestic production of chaulmoogra
oil, long used in Asia for the treat
ment of leprosy, is made possible
through a consignment of seeds of the
Hydnocarpus tree, sent from Siam to
the bureau of plant industry. They
will be experimentally propagated in
FlOrida, Porto Rico and Hawaii The
oil formerly was obtained only from
seeds of another tree grown in Burma.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20
BRAND WARNS
AGAINST DETAILS
IN PACIFIC DEAL

Continued from Page One.
sons for the calling of the CONFER
ence.
Regarding restricted tonnage for
submarines. n. BRAND pointed out
that a large undersea craft would
be able to rise to the surface and
pick up survivors from a warship
or transport she had sunk, whereas
this was physical impossibility in
the case of a small submersible
NJ. BRAND congratulated his CO.
delegates on the spirit of justice
and sacrifice which has already
been eyinced in examination of the
Far Eastern problems, especially
in so far as they refer to China
He stated that there was evidence
OF a sincere desire on the part of
most powers to rehabilitate China
s sovereign state enjoying all
the advantages of recognized
power.
No decision has yet been taken
by NJ. BRAND regarding the COM
ing to Washington of NJ. Louis
Loucheur, richest man in France,
and minister of the liberated re-
gions. 1t had been announced that
NJ. LOucheur would sit in at the
conference after the premier re.
turned to Paris. There may be a
change in this program since It
has been decided that the financial
question. the matter of allied war
debts. will not be discussed here.
The premier and about half the
French delegation including NJ.
Berthelet, will leave Washington at
8 o'clock Thursday morning, ar
irving in New York at 1 o'clock.
NJ. BRAND will have Thanksgiving
dinner with DR.. Nicholas Murray
Butler, president of Columbia Uni
versity, after which a degree will
be conferred on him
In the late afternoon he will re-
ceive representatives of French
clubs and organizations at the
Plaza Hotel, where he will stop
and in the evening will be guest
of honor at a banquet they are or
CaniZing.
NJ BRAND will sail from New
York on Friday morning on board
the S. S. Paris. NJ. Rene Viviani
former premier and member of sew
eral cabinets. will head the French
delegation after NJ. Brands de-
parture. until December II, when
he will return to Francs on board
the Paris.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20

bidders who are expected to offer
To buy the warships as junk.
The extent of the loss which the
United States will suffer because of
expenditures already made on con-
struction of the fifteen capital ships
of the 1916 program which Mr..
Hughes proposed to scrap. and be-
cause of damage claims which the
builders of these huge war vessels
will have against the government
for canceling the contracts. cannot
he estimated by naval experts.
Secretary Hughes told the confer
ence that the scrappinG of the nine
American battleships and six bat
tie cruisers now being built would
mean an Immediate loss of $780,
900. 600. That is the amount that
has been expended to date on the
fifteen warships. some of which are
nearly completed.
The Maryland. the only battleship
of the 1915 program that has been
completed and which is now in COM
mission, cost $40 900. 900. The Mary
land is not included among the
ships scheduled to be scrapped, but
the other nine battleships, accord
ing to naval experts, would cost
about the same amount to complete.
Each of the six battle cruisers
would cost nearly 100000 more,
or nearly 100000 900, to complete.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20

Continued from Page One.
Iieved to have changed the views
of Secretary Hughes. This being
SO it is GENERALLY expected that
when the japanese realize how
sincerely the Americans and Brit
ish feel on the subject they will
withdraw their demand and ac-
quiesce in the original program.
The American delegation, Secre-
tary Hughes, Elihu Root, Senators
Lodge and Underwood held a meet
ing late yesterday afternoon in it's
headquarters in the State Depart
ment. In addition to the Far
Eastern and Pacific matters it had
before it the complete report of
Col. Theodore Roosevelt, Assistant
Secretary of the Navy and the
American chairman of the council
of admirals" 1t is understood that
it set forth the Japanese position
on the capital ship question and
their request that the plan be
amended so that their latest fight
ing craft should be included in the
navy permitted by the agreement.
The American delegation is I'M
derstood to have unanimously held
that there could be no meeting of
the wishes Of the Japanese.
Solution of All Details.
In connection with the reasons
for arriving at this decision, 1t is
understood that the American posi-
ton is that If the conference can
deal with the large problem of the
capital ships and can reach an ac-
cord with regard to them then all
other matters can be worked out
by the experts of the various pow
ers. The submarine, in the opinion
of the Americans, is not a capital
ship.
The cardinal theory that the
American delegation has set forth.
and which 1t will insist on at all
times, and is the only one that can
be considered is whether offensive
warfare shall stop. If this is to be
done then the greatest weapons
for this style of warfare. the capt.
tai fighting ships must be strapped
in accordance with the program
outlined by the United States. That
Is all there is to it in the opinion
of the American officials. They have
SO told their colleagues and, II the
Japanese insist on their demand
that they be given more high-pow-
eres lighting naval craft then the
navak question must be recalled
from ~the special committee and
threshed out in full committee.
In reply to tn Japanese conten-
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20
ADMITS 3 KILLINGS
AND MANY THEFTS

CHICAGO. Nov. 19.-The six gang
sters picked up last evening by the
police and characterized by them as
the most vicious band of robbers
and murderers encountered in many
years, today confessed to three muir
ders.
The police believe they will tell
of several others. They admit more
than fifty robberies of jewelry houses
more than fifty hold-ups Of oil filling
stations. the theft of an automobile
every night for many weeks, and
hundreds of street robberies, running
as singh as twenty-four in one night.
They can account for more than
100000 they have realized from their
robberies. but when arrested the en-
tire gang could muster but 50.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20

Urgent need of legislation COW
ering a new salary schedule for
teachers and all employees of the
District Board of Education, is
made clear in the third section Of
the annual report Of Frank W,zBal-
lou. superintendent of school& is-
sued yesterday.
The report shows that the present
law, which allows increases. of SAL
airy subject only to a point in or
der In Congress, contains an ele-
ment of uncertainty for the en-
ployes because any Increases in
compensation are authorized only
in the annual appropriations bill,
making such increases only legal
for one year.
Figures gathered from other cities
and contained in this report show
In some instances the scale Of
washington school employees SAL
aries far below average. The high
water mark for teachers of the
grade sc4dols is reached In st.
Louis, where the maximum salary
Is $3.50 against $500 in WASH
ington. A comparison of salaries
for the high school instructors Of
Newark and Washington shows s3,-
500 for the former against $2,240
for Washington teachers. Prfnci-
pals of elementary schools in New
York City receive Q maximum sal.
airy of $4,750 as against $500 re-
ceived by Washington instructors.
Salaries Below Average.
The minimum salary for high
school teachers of Cleveland, the
is OF
$4,000, the minimum for the higher
grade work in the District. WASH
ington stands ne0 to lowest in
lower grades, with a salary of ST.
440. Newark pays a minimum Of
S2,l00 to teachers in the lower
grades.
A number of changes in the de-
velopment of the school system
here have taken place since the
Organic Act of 1906, which estab-
lished the present system, and this
steady, progressive development are
not recognized by law, as they de-
serve, according to DR.. Ballou.
Among the changes he mentions
that the junior high schools have
been organized, but there is no
legally authorized salary schedule
for them. Teachers serving in those
institutions now serve either as
class ga OF high school teachers,
or as class " or class v OF ele-
mentary school teachers. 1t is i'm
possible to organize effectively a
junior high school under the restric-
tions thus imposed. he states.
That administrative principalships
of elementary schools with sixteen
or more classes have been created,
but they have no salary schedule.
AS in the case of all teaching prin-
cipals their salary row consists of
salary as a teachers and additional
compensation based upon the num-
Der of session rooms.
Community Center Department.
The community center department
is recognized by law, but no salary
schedule has been legally estab-
lished for its employees. Lump-sum
appropriations are now made. The
salaries of permanent employees in
the department should be fixed by
appropriate legislation.
That the vocational schools have
been established and should be
legally provided for in salary legis-
lation. This is particularly i'm
portant because it is desirable that
this type of institution be largely
extended in the school system.
In addition to the above develop
ments, which have already taken
ditions which cannot be modified I'M
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20
SIOUX INDIANS
ADOPT PERSHING

Gen. Pershing is now a Sioux
brave. At p meeting of the Sioux
tribe at the Rosebud Reservation, in
Nebraska, the name of Brave Eagle
was conferred upon him.
The following telegram was re-
ceived by the War Department yes
terday:
'On Armistice Day the Indians OF
Rosebud Agency gave Gen. Pershing
an Indian name His name will be
Brave Eagle. on account of his brav-
cry. He will be a Brave Eagle
among the Sioux from now on; please
notify Gen. Pershing.
(Signed)
FOSTER THUNDER HAWK.
Chief"
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20

Continued from Page One.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20
NAVAL CUTTING
HALTED WHILE
JAPAN PARLEYS

Continued from Page One.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20

lions II is understood that the
American naval experts hold that in
reality the ratio that should have
been assigned to Japan should have
been closer to 10 to than to the
final figures outlined 10 to 6. But
the 10 to allotment was made to
Japan with a view to the utmost
liberality. And it is argued by the
Americans that a capital ship gains
no sanctity just because it has been
launched.
L. 5. to Scrap New ships.
This is shown by the action of
the United States in agreeing to
scrap vessels as much as 10 per
cent completed. Existing strength
was taken to mean everything in
commission, everything in course of
construction and everything
launched. And as very respon-
sible American authority described
it last evening: We arranged a
program fair to all. We stated
frankly to Great Britain and Japan
what we intended to do. We state
frankly what we believe they
should do. Our program means
the end of offensive warfare. And
it is necessary that 1t be accepted
in the friendly spirit in which 1t
was offered"
When the capital ship problem IS
out of the way then the naval ex-
perts VIII have full sway. They
will decide what the tonnage Of a
submarine shall be. They will de-
eide all problems such as how navy
yards are to be continued. and how
many auxiliary vessels each nation
shall have. These problems can be
threshed out at as great length as
necessary. But the American dele
gates hold that there should be
no unnecessary differences over
matters that are of fact and not of
policy.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20
Acts Against Steel Concerns.

The Federal Trade Commission
which has been trying for two years
TO force twenty-five steel, iron and
coke companies in the East to COM
ply with the law requiring them to
SUBMIT monthly reports regarding
these industries. petitioned the Dis
trict supreme Court yesterday to COM
pei these concerns to produce all
their records in court, So that the
commission may be able to defend
itself against charges made by the
steel companies.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20
H. p. Fletcher Resigns
To Become Ambassador

Henry P. Fletcher has sent in
his resignation from the post of I'm
dersecretary of State to take the post
of Ambassador to Belgium. il was
announced at the State Department
yesterday.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20
Fined $35 on LIQUOR CHARGE

William Colbert, of Baltimore, was
fined s35 yesterday IN Police Court
by Judge Mcmahon on s CHARGES O,
intoxication and assault. Policeman
l.. X. German, Of the Ninth precinct.
claimed that while attempting to ar
rest Colbert. the latter assaulted him