davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-07-11
Stock Market
Trend Upward
LIN Quiet Trade
Session Is Inconclus;v. Al,
though the Close Sbo,xs
More Gains Than Losses
Among Industrial Shares

Ser a'ef the slump in the principal
l'''""e'ai markets at the close Of !. -
week there was further easir..s -
'"e opening yesterday, followed bv ;~
regularity and then firmness Th. 49,,
standing exceptions were cotton prices
anu quotations of French and Be,g;ar
PONDS which reflected uneasiness ovo.
'"e approaching crisis in GERMANY
IN the stock market there was +on
oency to concentrate on domestic in.
''uehces. The Presidents program for
enoing the coal sttike was rerarded q.
potentially helpful influence A.
noon the United States Steel Cornoro
eion revealed its untitled tonnage
figures' which showed an even better
condition in the industry than had
been anticipated. On the other hand
ehere was some apprehension AMONG
traders as to developments in the rail
ROAD situation, as the shops were re-
opened and strikers had the choice of
returning to work or forfeiting thor
seniority rights.
The stock market was Quiet and nav,
100 conclusive in price trend. although
at the close there were more net gains
among the industrials than losses. Re-
ports indicating a decrease in the
visible supply Of wheat caused a re.
covery in that market, where quota
tlons at the close were Il to IN cents
oushel, higher. Cotton prices, ON
the other hand, continued to slump. de-
Ginning Sc toes points further.
The foreign exchanges were steady
with a tendency toward frmness.
Behind the insignificant fluctuations
ut the market place there was much
sober thinking in banking and bust
ness quarters regarding the meaning
OF the latest collapse of tho mark,
which evidently was danger signal
In the financial district there is q
tendency to grant that a moratorium
for Germany of perhaps three years at
least would be desirable. If the pres
ent forces making for financial disso-
iutlon persist, some fear of social or
political revolution is felt. As long as
the mark, no matter how depressed, is
exchsngeable in Germany for com
modities, the situation can go on. If
point is reached where the butcher
and the grocer would refuse to give up
commodities for deprecated paper
marks, it is believed that riots and
revolution would ensue.
The mark was tirmer yesterday. Talk
of moratorium steadied the exchanges
temporarily. Moreover, there is a Ten
dency in some quarters to believe that
the world is now at the darkest cor
ner, and that the next phase of the
European economic cycle will be an
adjustment. Bankers are of the opin
ion that the next move is up to
politicians. Some who are sympathetic
to the German Republic think that the
! United States ought to break the dead
lock by Offering to reduce Frances
| Indebtedness to the Treasury and to
encourage the fiotation of an interna-
tional loan to Germany, provided
France would give Germany a breath
ing spell on reparations and cut down
1 the amounts due.
Meantime, the German financial sit
uation has stepped into the forefront
of the financial consciousness of the
world.
New-York tribune., 1922-07-11
Parmentier Here To-day

The arrival here to-day on La Savoie
Of Jean V. Parmentier, Directeur du
Movement Generate des Fonds Of the
French Treasury and head of the mis-
sion to confer with the Allied Debt
Commission at Washington upon the
funding of the French debt to the
United States Treasury, will mark the
opening Of discussions with the vari-
Gus governments to which this country
made advances during the war. NJ.
directly to Washington, but before his
return to Paris will visit New York
and meet his banking friends here.
He will make his headquartcrg when
in this city at the Office Of G. Boyer,
financial attache OF the French En-
bassy. at 35 Nassau Street.
New-York tribune., 1922-07-11
What's Behind
Acfiue Stocks?
4l-Wabash 4 Preferred "A"

4l-Wabash Preferred "A"
The most active stock of the
Wa5ash Railway is the Glass "a" pre-
ferfed. This stock has not received
Q dividend since 1913 and the in
teTest in it recently comes from the
fnc Wedge that the fall 5 per cent
dividend is now being earned by q
wide margin. On an operating
income Of s7,3A5,o 900 in 1921 the COM
psny earned 1.o1 per cent on the
"A" stock. IN the first five months
OF 1922, period representing about
26 per cent OF the AVERAGE years
business, the operating income was
close to 100000. If this rate of
income continues sometime will be
earned on the common stock in addi-
tion to 5 per cent on both classes
of preferred. The Wabash operates
2,472 miles of road in eight states
and CAM da. Products Of fhe mines
represent about 35 rer cent of the
freight tonnage and AGRICULTURAL
products average around 20 per cent.
For lon~ period CT years prior to
1916 the Wabash rarely made ends
meet. In 1915 a reorganization cut
interest char~es in half and made
possible surplus over char~es. On
December 81, 1921, road and eauip
ment were carried ct 1922 1928 900.
There is funded debt of s7A,1s3.-
GOO. The S54, ,i34, 600 of a non-cunu
latiye preferred "a" stock is fol-
lowed by s12,759,o00 of preferred
"R" and $61,549,000 of common.
Range of preferred "a" stock since
1919: High, 80 in 1919; low. II IN
1920. Yesterdays close, 81.
New-York tribune., 1922-07-11
June Steel Ingot OutDut

The production of steel ingots in
June by thirty companies. which in
1921 made 87.5 per cent of the coun-
try's total was 1884, ATT tons, accord
ing to figures compiled by the Amer
lean Iron and Steel Institute This
was decrease of 1864 tons from the
May output of 2,711,141 tons and COM
pared with 1908 ,406 tons in June, 1921.
Last months production was at an
annual rate Of 36,130,000 tons for the
entire country, or 68.8 per cent OF ca
paclty, compared with a rate of 708
per cent in May, 662 per cent in April
and 64.3 per cent in March. Ingot pro
duction for the half year ended June
so was 13,499,386 tons for the thirty
companies, or at an annual rate Of
30.855,744 tons for the entire country.
This compared with a production Of
19, 9,184,084 tons last year, lean period.
New-York tribune., 1922-07-11
Money and Credit

The position in call money was
rather easier yesterday than at the
close of last week. The opening and
renewal rate was established at Az
per cent, level that served for most
of the session, but in the last hour the
charge was reduced to per cent
Offerings of time money were on
more restricted scale and for the
longer periods Az per cent was de-
manded by the banks.
Yester- Year
day. ago.
On industrial collateral 41a 6
On mixed collateral 80. Az 6
Time money (mixed collateraD:
Sixty days .... a 6h@7
Ninety days .... Az 61a@7
Four months .... Az 61sM7
Four to six months, 4A@41a 6h@7
Bank Clearings-Bank clearngs at
New York yesterday were: Exchanges,
S4o9 100000; balances, s6s,s0o 900.
silver-London, 35%d; New York,
domestic bar, s95sc; foreign, 7o%c !;
Mexican dollars. 54hc.
New-York tribune., 1922-07-11
More British Gold Arr;ves

The second shipment Of gold for
British government account, amount
ing to $2,500,ooo, as previously indi-
Gated, arrived yesterday on the White
Star liner Cedric, consigned to J. P.
Morgan Co. That firm is still with
out instructions as to the purpose of
the movement, nor is it known whether
further shipments are to be antici-
pated. Some light may be thrown on
this later in the week when the Bank
OF England statement is made public
The gold is being handled in the usual
way after its arrival, being sold either
to the Reserve Bank or to other in
terests following the check upon it at
the Assay Office.
New-York tribune., 1922-07-11
Lake Erie & Western Purchase

The New York, Chicago g. ST. Louis
yesterday filed with the Interstate
Commerce Commission it's formal ap-
plication for permission to acquire con-
troll Of the Lake Erie & Western. The
proposed absorption of the latter
road by the Van Sweringen inter-
ests of Cleveland was announced the
latter part of April. The plan of pur-
chase OF the Lake Erie G. Western from
the New York Central involved the en-
tire holdings of $1,000 shares of the
company's preferred stock at S35 share
and $4,000 shares of common at $l557
share. The purchase was subject to
the approval of the Interstate Com
merce Commission.
New-York tribune., 1922-07-11
Cuban Loan Talk Premature

Bankers who have participated in con-
vcrsations regarding . loan to Cuba
that have been in progress off and
on for more than eighteen months
said yesterday that the advices from
the island as to an impending fota-
tlon were premature, in that approval
by Washington was prerequisite Of
such an operation. The bankers are
ready TO handle such loan at any
time, but they are waiting for the
American Administration to take the
initiative. The disposition here is TO
regard the business situation in CuSa
as definitely on the aend and to in
terpret advices from Havana rejecting
uncertainty there as overpessimstic.
When loan is arranged it will prob
ably be for at least $50,0000 600, for a
long term and with a negative pledge
clause rather than with specific Sc
curity.
New-York tribune., 1922-07-11
The Dollar i'm Foreign Exchange

Contrary to the recent experiences,
sterling was relatively the weakest
changes, the cable quotation at $4.441A
showing a net loss of sc. Offerings
of other currencies were on lesser
scale than last week and there were
some supporting orders. Marks as a
consequence recovered to 1875 hun
dredths of cent, up IS, and francs
and lire rallied even more sharply.
New-York tribune., 1922-07-11
transactions Yesterday i'm Listed Stocks
Summary of Stock Exchange Deay;nys

'>opyr'ght 1922, New York q
New-York tribune., 1922-07-11
French and Belgian Bonds Weak

What was characterized as senti-
mental reaction to the developments
abroad occurred yesterday in French
and Belgian bonds, representing the
first serious break in the prices of
these securities since the German
situation took on its present aspect.
The French government SIS, which
closed on Saturday at 1929, recorded
net oss of 2fs points and the
French 742s sold off 2A. The Belgian
Ss dropped 2% and the TVS 2A points,
whereas the IS of 1925 closed only a
point below Saturdays final. The IS
of Bordeaux. Marseillcs and Lyons lost
from 2 to points, and the Scissors
8s netted decline Of pa Investment
bankers were inclined to view the set
back in these issues as temporary
and psychological rather than funda-
mental. Offerings of the French 7hs
were exceptionally heavy, due to the
fact that this issue has never been
as firmly placed as some of the others.
New-York tribune., 1922-07-11

THE AMERICAS
ARGENTINA tpar 42.44 cents paper
+ einr nd ....ssOo $40 9s59
~ 'es .......s s6.05 3G.I5 ."
BRAZIL ipar 32.45 cents a paper rniIrsis)
demand ...... 1910 1856 IG.i Ia
Cables ......13.a0 1855 l0..s
PERU tpRr s4.ss pound)
checks ......- 100 4-i0 3.5f
ECUADOR (par $3.50 cents a sucre)
('het ks 23.45 2i.4f
CHILE (per 3s-5 cents a peso)
Checks .....f3.ao 1900 1850
URUGUAY tpar i0s.42 cents peso,
checks ......s2.5o sl.s1ia s2.n1
VENEZUELA tpar 1913 cents a bouvar)
Checks .....I8,5s 1888 ITS
Canadian Exehange-New York fun Is in
htsoal. l a, per eert premium 5ioaga4
y II. IN. fs,rA. 4. par IN
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10

SAN FRANCISCO. July 9-Can
the 'time-bound" office girl with
her confining surroundings and rou-
tine hours. star in athletics
Can she keep i'm form" and
training?
Yes emphaticaliy answers Miss
Emma Reimau. twice winner of the
most strenuous of women Mara
thous the .Dpsea hike a west coast
race unique IN athletics This annual
event is cross country run from
the mountains TO the sea over hills
and dales for eight miles.
Miss Reiman, who six days a week
Dours over coulmns Of figures. does
stenographic duty and other ot-sce
routine. has been pronounced 10y
trainers "the trained -to-the-minute
girl" and "the best trained girl ath-
lete I'm the west"
How does she DO II? Miss Reiman
supplies the following answer:
We'll. the first thing involved IS a
fond farewell 20 dances, late parties
French pastry at the noon lunches
and all that sort OF thing
"For six months 2 o'clock in the
evening found me in bed and
O'Clock in the morning found me up
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10

Each morning a sunup or there
abouts I take a brisk hike Of FIVE or
sax miles. It's amazing how NJ for
work this makes one. Eat simple:
in fact diet. That's next in impor-
lance. Don't LEI your work spoil
your disposition and digestion. Be
c0ntented with H.
after a little rest ar the end OF
the days work take another hike.
Remember YOU haven't been exercis-
ing all day and II you're tired It's
mental and not physical fatigue.
do another stretch Of miles before
shutdown then meal minus heavy or
sugar foods Several nights a week
find me i'm the gymnasium. OF
course you've got 20 apply yourself
but 20 get into training application
is half the battle. I claim that an
office girl Is just as well equipped 90
do this ss anyone. in fact better
than most. for she hasn't time 10
loaf"
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10

'an0nshurg There have been Eo
ivictions and many 81 the company
louses are siui occupied by strikers.
although 10 vas said that numbers OF
-amilies had moved away sinee che
nrike started while many of the
ltrakeTs were working ln harvest
islds en- the vicinity.
a more important move. strikers
md company officials agreed. was az
dont0ur No. 4 mine OF the Pitfsburg
coal co. Here coal cutting. BE- wac
aid was in active progress and pre-.
sarations were being made 90 put The
mine az work with an increased force.
Back from the main street in
'ather pretcntious building. almost
30 deputy sher.ds were making
themselves comfortable.
Expect No Trouble.
"Our men are being given an OPP
1ortunity o. go 90 work, said one OF
he men connected with the company
and 7 don't think we are going 70
nave any trouble But these mines
are going TO be- operated and our
preparations are with that end in
Jew. II the men want 10 work they
and the company's property viii be
protected from Interference
The strikers had nothing 20 say
other than 20 reiterare that the men
aad no intention whatever of going 90
work. and if the company expected
10 operate the mine before an agree
ment was made w!th the union it
place number or other washington
would have to bring Boz the workers
Arrangements are being made 10
county mines I'm operation. 10 was
learned Names Of the others We're
not made public. Business men iu
communities near the mines visited.
when questioned as 20 the sentiment
of the community. invariably replied
hat "ths situation is tense
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10
Earth VIII Soon Be Too Small to Hold
Crook! Declares Head of Police Chiefs

dered an imperative step for many
years but never achieved because or
lack Of finances will bring about the
most elaborate identification system
ever known.
Police chiefs now have been
agreed 10 cooperate in a nationwide
anti-crime program. Here are the
outstanding actions TO be coordinate
ly taken:
ONE: Rigid prosecution OF drug
pedd,ers. The drug evil has been
given place among the first crime
causes Peddlers and supply agents
must be sent to Jail for maximum
terms and no probation considered.
Drug users must have necessary
treatment
TWO: Handy bail bond sharks
must 90. They have stood in many
cities as corrupters of officials and
defeaters Of justice
THREE: Any person carrying a
gun i'm connection with z crime Is
a potential murderer. We must hght
probation in all cases Of persons ar
rested for auto theft, robbery and
the like where guns are used.
-FOUR. Auto police details must
be equipped with armored cars and
proper weapons for lighting the
most desperate type OF criminal
the payroll bandit, the auto bandit
and the stick-up man.
American police chiefs plan IN
keep police headquarters equipped
with the latest scientific devices
laboratories. experts and chemical
testers. The crook is seldom behind
in using the latest inventions, but
police headquarters too often lag
In the application OF science the
chiefs also will give more general
use to psychologists and
their fraternity In getting data on
the mental status Of criminals.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10
CROP CONDITIONS
SHOW IMPROVEMENT
Small Grains, However, Hurt
by Hot, Dry Weather,
Report States.

WASHINGTON. July General
Improvement in crop condition
along the Atlantic and Gulf coasts
and in the northwest east of the
Rocky mountains was noted by the
department Of agriculture in its
crop summary for the last half of
June made public Sunday.
Throughout the corn belt" the
Department. observance found,
email grains were more or less in
jured 10y the unusual hot and dry
weather. as were also some crops i'm
parts OF the mountains and Pacific
coast regions" Irrigated crops are
not so much affected. In the south
ern states much badly needed field
work was accomplished.
The corn crop generally made
progress except in the southwest.
where IT was neglected for cotton.
Wheat IS being harvested i'm New
York. Michigan, Wisconsin, North
ern Iowa, Eastern Colorado and Cal
ifornia. while threshing is going on
i'm the southwest and some o the
southeastern states. Oats are re-
ported generally poor TO fair. and
cotton had fairly good growth
Weevils are numerous and consider
able damage. as yet unestimated has
resulted. The Irish potato crop il
reported To be fair TO good and a
large acreage of beans and cabbage
has been planted, and other vegeta-
r.r a l..
Tobacco harvesting has advanced
in the cigar wrapper section Of the
southeast and transplanting has pro-
crossed under fair but variable con-
ditions elsewhere. the summary said.
The crop Is reported we'll advanced
i'm Virginia and Maryland and fun
acreage il predicted in Ohio. Indiana
and Michigan.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10

in America, as determined by the
census OF 1910.
Scores Steamship Company.
The labor secretary scored GER
tain steamship companies who, In
their greed to secure immigrants,
fa gravity violated the law.
Two and sometimes three COM
peting companies have each at
times packed a ship with a full al
lotment OF immigrants from some
nation" he said 'It is obvious
that only one shipload OF these i'm
migrants could be landed, and the
rival ships have raced across the
ocean. each speeding TO make sure
Of being the first 10 arrive. and Of
course the only one 10 land its al
lotment OF aliens. 1t is equally OBJ
vious that the immigrants on the
beaten ship or ships. after perhaps
having sold their homes and in
vested their all In a ticket TO
America, must he turned back 10
Europe, homeless and without a
penny"
According to Secy. Davis, some
of these cases of the depOrting Of
aliens are genuinely distressing.
Whichever he could Secy Davis
stretched a point. "a it has been his
aim to administer the law humanely
and 70 let the doubtful alien stay in
this country whenever il was posi-
BILE without. violating the laws. But
in countless cases, he pointed out,
where an alien is subject 10 deporta-
ton, the distressful circumstances
surrounding the case have been
worked up for the express purpose
of stirring public sympathy and
forcing the secretary OF labor TO
strain the law and withhold depor-
tatiOn
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10
OILLEAKAGE FROM
SHIPS Is KILLING
RAREST SEA BIRDS
German Naturalist Tells How
Valuable Birds Become
Extinct.

BERLIN. July 9. -"On from
going steamers kills sea birds
10y the thousands and soon Will cause
the extinction OF the rarest speci-
mems among them unless measures
TO save the fowls are taken at once"
writes the foremost biologist of Ger
many. the government Of ornitholo-
gist Of the Heligoland observatory,
Dr. II Welgold. in an article for the
Hamburger Fremdenblatt.
"The pipes OF the ship pumps are
not tight" he states. so hundreds
OF gallons Of bad OH find a way into
the water at open sea or AT ports.
thus covering the surface Of the wa
ter with "a thin skin of OIL Sea birds
expecting 90 find something edible
"a wherever they observe these oily
spots. rush into them, moisten and
soil their feathers with oil and can
never get rid or It,. IL makes the
feathers stick together so that the
air no longer has access To their
bodies Air is Indispensable for
them 10 keen them warm. Most Of
the birds getting in touch with oil
catch a fearful cold become tired.
lose their strength and slowly fade
away.
I'm this way thousands OF sea birds
perish near ports on the California
coast where oil is being unloaded.
And since the war some 10 or -
specimens of seabirds simply were
doomed 20 extinction in Heligoland
bay. which, was a naval base.
ALSO. O.! washed ashore. apart
from destroying the spawn by pre-
venting the access of vital oxygen,
covers the breeding places OF sea
birds with astratum of a just "a few
millimeters which, however. are suf-
fclent 20 render any food unfit 10
eat Thus hundreds Of guiilemOts,
auks. divers and other rare birds
were simply wiped out"
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10
GRAND RAPIDS WINS
FLAG FOR FIRST HALF

GRAND RAPIDS Mich July o..
Grand Rapids won the first half
of the Central league pennant race
by defeating MusEegon here Satur-
day while Ludington, last years
champions. and the runners-up this
season. lost 10 Kalamazoo. The To-
calls finished with "a victories and
% defeats The second half of the
race starts Monday
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10
by CHIP PHILIP SMITH.
Chief Of Police. New Haven. Conn.
and President. the International
Association of Police Chiefs.

sew HAVEN. Conn. July -
6By y. r. A. News service) The
earth soon VIII be too small TO hold
crook wanted In any corner Of it!
TWO steps OF vital importance ir
crook catching have just beea
taken
First. an international police head
quarters. a world police station. with
an international chief and eooperat-
Ing police departments in every sec
tiOn Of the globe. IS not far of
NO crook TOO small for a crook. 20
Is the rhythmic slogan OF this plan
and with radio. wireless. cable and
every new scientific device 10 aid
there1l soon be no such thing as an
International crook.
The world Is small" goes the
saying but police chiefs are prepar-
ing 20 make il still smaller for ERIN
inals.
They are going to have an inter
national bureau OF Identification.
with washington and government
Offices as the American headquart-
ers. a standardized system Of punish
ments, a uniform code OF offenses
and puEishment-the first real
league Of nations against law
breakers
The other important step is that
police chiefs have won. after a
long night. a National Bureau or
Criminal Identification in Washing
ton. operating under the Department
OF Justice and consolidating the data
In the hands OF the federal govern
ment with that held by individual
police departments
This interchange OF data. consi-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10

fax He was very prominent in
Masonic bodies. Mr.. Beyrer was al
so a member OF the Knights Of
Pythias the Tribe Of Ben Hur and
the T. O. O. +.
He Is survived By two daughters.
Mrs Wilbur Warner. wife OF County
clerk Warner OF this city and Mrs.
Frank b. Thompson Of san Fran
cisco Calf and two sons. James
r Beyrer and J. II0yd Beyrer OF
this city. Two sisters. Mrs. Christina
Conrad or this city and Mrs. Emil
Hayn OF Gary. Ind. and a brother
Rev C. C.. Beyrer Of this city also
survive
Funeral services. which viii be
private viii be held from the rest.
dence Of the son. LLOYD seyrer
Tuesday afternoon ar <s O'Clock.
Burial VIII follow az Riverview cem-
stery. The knights Templar VIII
have charge o. the services at the
grave.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-10
Solution OF immigration Issue
Is Big Problem, Sec'y DaUis Says
James j. Davis, Naturazed Weshman Risen to Place of
Power, Gives Views Modern Need of Immigrants
in America Once the Haven
of All Oppressed

wAsHNGToN. July tBy L \ s)"Immigration in America
history the world But changed eond-
far more
OF the
for the millions that used to