davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-08-19
M. & St. L. Road
Would Increase
Rate on Bonds
Also Asks Authority of the
Commerce Commission
TO Create an Issue of
New Preferred Stock

An increase in the interest rate from
8 per cent to 6 per cent on its refund
ing and extension mortgage bonds and
authority to create an issue of new
preferred stock have been asked of
the Interstate Commerce Commission
by the Minneapolis G. st. Louis Rail-
road, according to Newman Erb, chair
man of the executive committee.
The road is planning to modify its
existing mortgage of 1913 through a
supplemental mortgage and issue
bonds as occasion requires for addi-
tions, betterments and equipment
payments. 1t is also planned to au-
thorize an issue of S2,500,0o0 cumula-
tive per cent preferred stock in ex-
change for like amount of per cent
refunding and extension mortgage
bonds. The management is to apply
20 per cent OF net surplus revenue
each year, after interest charges and
taxes and depreciation, to retirement
of outstanding preferred shares.
The application to the Interstate
Commerce Conemi states that of
$4,300,o00 par value OF bonds now in
the hands Of the public holders of a
majority have offered to exchange for
similar amount of the proposed pre-
ferred stock.
Through this operation there is to
be placed in the treasury of the Min
neapolis & st. Louis S2,500,000 S per
cent bonds, which are then to be issued
at the proposed higher interest rate of
6 per cent. A tentative order from
the commission is asked preliminary
to the necessary corporate action by
stockholders
New-York tribune., 1922-08-19
Cotton Advance
Meets Realizing
I'm Late Trading
Trade Buying Fails to Fol-
low Rise A b o We 22-
Cent Level; Close lis
S TO IL Points Higher

The advance In the cotton market
continued until the price Of December
contracts toGched 22.23c during yes
teraay's earlier trading. This made o
recovery Of ell points. or more than
$40 bale, as compared with the
low level of last Tuesday. Evidently
this was sufficient to attract realizing,
while there were reports that the
trade buying which contributed to the
strength ef the previous day was not
following prices above the 22c level.
Prices ease in consequence and there
was probahly selling for reaction on the
break which followed. The general mar
ket closed barely steady at q ret decline
of to IL points.
The opening advance of 90 TO 30 points
was stimulated by the higher Liverpool
e&biess reports that Liverpool had been
buying spot cotton IN the Southwest late
on Thursday, continued optimism over do
rnestlc labor prospects and continuance
OF recent weather conditions in the South.
There was no change In the general
average Of weather and crop news 20 be
connected with the late decline, and local
brokers were inclined to view the break
reaction TO which the market was
entitled by the rapidity OF the recent ad-
vance At the same time there was some
bearish comment on the reported failure
or refusal OF trade buyers to follow the
advance in the Southern spot markets. and
trade buying also was less In evidence
around the local ring 1t Is felt that
buliisn crop advices must stimulate trade
as Tweil as speculative support II further
advances are to be maintained, and the
profit taking OF longs was probably pro-
NOTED by afternoon reports of less ia
vorabie prospect for an exrly settlement
OF the railroad strike Southern spot mar
kets officially reported were unchanged
to 2s points higher, with fair business
reported in the Southwest.
The New York market for spot cotton
was 10 points lower at 21,s0e, with no
sales reported.
The range of prices:
New-York tribune., 1922-08-19
Better Weather
Leads to Selling
And Wheat Drops
Follows Corn and Oats
Downward; Shows Little
Power to Rally; Close Is
21-4 to 2 3-4 Cents Lower

CHICAGO, Aug. 1S.-Timely showers
and cooler temperature, dispelling fear
of damage to corn, led to lower prices
to-day for all grain. Wheat closed un-
settled at 2A to 2%c net decline, with
September s1.ooss to s1.Oo u and De-
cember s1.O1& to $1.01M. Corn lost
2B to 23sc and oats 7s to 1hc. In
provisions the outcome varied from
1914 cents decline to a raise of 2h
cents.
Wheat was on the down grade from the
start The breaking of the drought and
the passing of the hot wave led to gem
eral selling. especially Liverpool quota
tions failed to reflect yesterdays advance
railroad strike vas also construed as bear
ish because likely to lead to increased re-
ceipts Besides some notice was taken
of a forecast that the wheat crop In three
western Canadian provinces would be 27,-
100000 bushels larger than the last gov
ernment estimate.
Little power to rally was shown, final
prices being near the lowest OF the day
The only buying of consequence was at
trihuted 10 Minneapolis mills.
Corn fields in Nebraska, Iowa, Illinois
ard Indiana all received more or less rain
and prices here broke sharply Rural offer
ings of corn to arrive were much de-
creased, as values fell. Oats were dull and
merely followed corn. Provisions aver
ased lower with grain and hogs
New-York tribune., 1922-08-19
Country Produce

Creamery. higher than extras. lb.. ssis a
sIe lower arsts sradss ss
score. ss9ssc; IS score. sSse SEE: unsaltea ass
so score s7@s7hc; arsts, ss,s q ssc; seconds. CO.
dairy 5; tsss; nest. saM GOOD T'ase to
ladies. current make. extras. 2sis sec:
hrsts 27@27hc: seconds, 25HSsse::
o''rrsn. lowsr grades 2sh @2se packing stock.
ersfeme srsaa naSe. NO. l. 26ci No 2, 25c lower
Cheese. Receipts were 4,147 boxes. New
sraas Sork state @ hats. Junes specials 21ss Q22c:
3o92oMe; Wisconsin. fresh double DAISIES
isM @2ohc; single Daisies, I9a aaoNc
Eggs--Recetpts were 1892 cases Fraa,
gathered, extras dozen, so@ 32c: rep,,is :
packed. extra frsts. 27@2sc; regular
2og2Sc; trade eggs. 1902 21c: dirties, rersn /,
lar packed. No. 1. 100 zoe; No. 2 and nnor-
e, srm,sa ml,ss@isss; checks. poor to choice. dry,
22@2sc; New Jersey, hennery, whites. can,
dled, extras, SIC; uncandled, extras, 4s@a
e5c; nearby hennery whites. extras, local
ern hennery whites ave averags soy extrss W ess-
aassgase; extra firsts. 49@ 44c: first
ssesss 70 extra nesrsy rasy sa,ssrsa whites
S0@33c; puisets' eggs. asGS4ice Us
eihc Coast, whites. extras. S4ds ssc. ~,
tla M hEsess SoQ iSc. nrsts, 340pS7e. under
grades, 2sQa2c; puliets, 25Sp2sc other
Messsrn we ssssn and Southern. gathered whites,
81 WSSc. nearby and nearby Western hen,
ana mixed color gathered extras. 81 Gpsee,
hrsts TO extra firsts, ESQ see.
rarsa, r.a'9esIyir ,so yirginia bbl sl.25@1,7S: New
So@ @Ssc: Long Island. bbl., s2@2.5o: Ions
Island, sack. sI.TSGp2.25: Long Island. I5Ss
,ios.. sack. S1.60@2; Sweets North Caro-.
lima. bbl. s4Qs.6o; New Jersey. basket
SsTbW2; Delaware and Maryland. ma,
ket, sS 4oc Si.s5; New Jersey, bbi. SO ep75c,
Jersey. basket, sl.6o@s. S. -se"
New-York tribune., 1922-08-19
Days Dealings i'm Bonds
The Market

The upward trend of bond prices
yesterday attained measure of buoy
ancy not previously experienced In sew
eral sessions.
The larger gains occurred in the bet
ter grade Industrial and railroad is
sues, but public utility bonds were not
neglected, and Liberty bonds, on rela-
lively light dealings, were frner than
Of late. Foreign government securities
did not keep pace with the rest Of the
market, their course being irregular in
sympathy with the uncertainties of the
European outlook. Revival of buying
on substantial scale was generally
associated with the cleaning up Of the
business prospect rs strike difficulties
are being removed. Speculation con-
tributed to the movement, but pur-
chases for investment were increased
on the theory that corporate earning
power generally would expand and that
there would not be commensurate
curtailment of the free supply of
money that has supported the rise in
bonds,
New-York tribune., 1922-08-19

Rog Brown
Iron 7s 1874.
4 98M
Rio d w col
4E 1o4s
New-York tribune., 1922-08-19
TREASURY DEPARTMENT. OFFICE G

TREASURY DEPARTMENT. OFFICE g
the Supervising Chief Engineer Y; W.
Public Buildings New York. Augusf ~
ls2a.-Sealed proposals viii be rseeiyes,
this office uatu 2 p. NJ. op the sstn =
OF August. 1922. and then publicly ePsa.'' u
for the Erection Of wire partiuons Y,
window guards In the Registry seekse-. L Z
the UNITED STATES COURT HS.ssSS W.
BUILDING, NEW YORK ClTk, Hs Hss.
YORK, in accordance with the speelaM.
tton and blueprint. copies Of which ~
be had at this office AT the diserel'e., q, ]
the Supervising Chief Engineer, or as So -
resentstive. f. A. Lang, Acting Sssss Ssss
yising Chief Engineer. U. s. Panic Ss's
ings, n. Y.
New-York tribune., 1922-08-19
Jersey Central Issue

TRENTON, Aug. 18.-The State Pub
lie Utility Board to-day granted the ap-
plication of the Central Railroad Com
pany of New Jersey for the approval of
an equipment lease and the issuance
hereunder of S2,oo0,oOo par value of
6 per cent equipment bonds.
New-York tribune., 1922-08-19
Southern Spot Market--r;alve

6OHtHFfll oUOt Mhrkct--tIaIVeston steady,
unchanged at 2i.75c: sales, 1,274 bales
New Orleans steady, % points higher at
q l.50c; sales. 2s5 bales Savannah steady
II points higher at2f36c; sales. 295 bales
Norfolk quiet. 25 points lower at 21.25c
sales bales. Augusta steady, 10 points
lower at 2lG9c; sales. 1fS bales Memphis
steady so points higher at 22.o0c; sales.
g,ea@y. 80 points higher at
s2.0ec; sales nil. Houston steady, un-
ranged al 2I;50c; sales. 5,27T bales. Dal-
as quiet. rs points higher at 21.15c: safes.
: 50 bales. Montgomery firm. unchanged
az 21sSe; sales. rs bales. Fort Worth
sady unchanged at 21.15c; sales, 2,750
baiez
New-York tribune., 1922-08-19
Cottonseed Products

WASHINGTON, Aug. 1S.-Cotton-
seed crushed during the year, August
1, 1921, to July 81, 1922. amounted TO
3,o01, ,44e tons, compared with 4,069,-
166 the previous year. and the quantity
on hand at mills July 81 was 1880
tons, compared with 99,s21 year ago.
the Census Bureau announced TODAY.
New-York tribune., 1922-08-19
Cottonsced Oil

Prices in the cottonseed oil market were
weak throughout the day under active
liquidation and final quotations were at
pre- cticaliy the low point of the session.
with net losses of Cd to ~ points The
cid crop months showed the greatest weak
ness and We're Influenced by the monthly
report by the Census Bureau, which in
dicated consumption during July of only
$4,000 barrels Of refined OIL compared
with 161, 600 in June and also indicated
~ carry-over OF 431 900 barrels, which
the tfade- figured would be ample for ali
teavtre7ren'S Until the new crop oil ie
avallabIe Total sales for the day were
ag,100 barrels.
New-York tribune., 1922-08-19
The range of prices:
Sugar and Coffee
Raw SMEAR Rutnras

The market was irregular yesterday and
very sensitive 60 orders either way On
the call prices were to s points .ower,
sold to points lower on continued long
liquidation. rejecting the soft spot market.
then reacted upward on buying by opera
tors, the advance carrying values to the
best point of the day. This demand was
in the nature Of hedging against sales of
actual and when 1t had been satisfied
prices quickly sold off again. closing bare
ly steady and to points net lower; on
estimated sales of $4,000 tons.
The range OF prices:
New-York tribune., 1922-08-19

Date. Name.
Aug. ls--Amer. Metal Co.. Ltd. temp
Aug. H. do pf temp. ..........-.
Aug. 2l--Atlantic Refining Co,......ss
AUG. e4-AGeneyRl Cigar Co. lnc.. 5S,s.s
Aug. 2l--Harbison Walker Rel Soe't
Aug. 19--Homestake Mining Ce.s II
Aug. 25--National Cloak & Suit Sos r
Aug. 25--Nattonai Lead Co. pf
Arg. 2l--Pstts.. Youngstown Ast
Ry. Co. pf ...... -..'- ~ .ss'ss
Aug. g1---Sfandard Milling Co. ssssssss ;'s
Aug. 21--- do pf. g.,,s', -
Aug. 19-Standard oil Co. tof ssii''fsS
New-York tribune., 1922-08-19

To dgure tho prectse yield on O bond 1t
10 necessary TO use yield tables. bat tho
out by the following formula: Divide the
closing quotation g bond into the rate
Of the annual return. II the bond Is selling
appreciation of the principal To do this
subtract the market quotation from par.
or 100. and divide the remainder by the
number of years tho bond has to run be-
fore maturity. For example. II 8 per
cent bond is selling at 90 and has ten
years to run, the annual return will be .6s
per cent. The difference between par and
the market price will be 10 points, sub
tracing 80 from 100. Dividing 10 points
by ten years the quotation will be l. This
figure 10 to be added to $50. which 10 the
annual return, and the result, 7.ee per
cent Will give you the approximate Yield.
New-York tribune., 1922-08-19

SEALED PROPOSALS for frrnisnirs " y
delivering 100000 chauffeur nzassss 4 4
the year 1924 will be received by tns rs. go =
Tax Commission at the Capitol Asss NJ
o'clock noon. speciacations furpishss
request. State Tax Commission.
New-York tribune., 1922-08-19
Cotton Statistics

IfverpCol Cablcs-Spot quiet, 55 points
higher, at 1925 for rniddling. Sales, 5000
tales, including 1000 American. No inl-
4orts. Futures opened steady. 32@35
ieints higher and cloaed steady at net
l2.43; January. 1922; March, 1915; May
l2.9H. Mancne ter yarns hardening: cloths
good demand for India. New York bids
eabled at II A. NJ: October. 22.oo; De-
csmber, 22.03; January, 1885; March.
New-York tribune., 1922-08-19
Financial Items

The dispatch in The Tribune q 4 5sis5 ~
I6 reporting authorization Of .s,ssia pe.'s nii
by the Fonda. Johnstown & a'ss - cd
Railroad should have read an
bonds. -,
New-York tribune., 1922-08-19
Federal Land Bank Rona.
Joint Stock Land Rank

Joint Stock Land Bank
6s. 1951-1931 .1oon ,n,y
Joint Stock Land Bank io@
ehs, 1s5l-1931 ..s1oan ,nrv
Joint Stock Land Bank Aoon
6s, 1939-1924 co ,oo
Chicago Joint Stock Land AZ"
Bank SIS, 1951-Is3I.10g ZOE
Chicago Joint Stock Lana Aoo
Bank 5s, l927-1940. aan ,o,,
chicago Joint Stock Land WA
Bank 5s, 195l-l931 1oom 40
New-York tribune., 1922-08-19

fcailsd fog payment at looh sent.,h..
ssn, e, agzs. called for payment at Jos e
az los October J., 1898. ffcalled fasment for re :,
naent q 1ez October !. 1873 Ne1 pAy-
New-York tribune., 1922-08-19
Yesterdays Previous
M S e III a eous Markets
New York State Bonds

issued IN coupon and registered forn,
not Interchangeable. Coupon bonds regis.
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1922-08-10
Good Planting Year
Brings Plenty Crops
(By Associated Press.)

Manila. P. l. II An almost ideal
planting season and cooperation of
planters with the agricultural divi-
sion of the Sugar Central Agency have
combined to make the prospects for
sugar in the Island of Negroes next
year the best ever recorded in the
islands, according to H. Anterior Lee,
director of sugar cane investigation
for the bureau Of science, who has just
returned from Negros.
"Our problem in the Philippines"
said Mr. Lee, "is to get sugar yields
per acre up near the standard in other
countries, Hawaii for example, which
averages around FIVE ton an acre for
a two year crop. Our average in the
Philippines is about one-sixth of that
for a twelve to fourteen months crop.
1t will be seen that this is very unfav-
orable for the Philippines, and, of
course there is no insurmountable rea-
son for this, as our soil is as good or
possibly better than that of Hawaii
and our water supply and climate are
more favorable.
"Use of fertilizer this year, on the
crop now growing is doing a great deal
toward better yields of sugar in Ne
gros. Estimates have been made that
the crop to be milled in 1922-1923 will
be fifty per cent above the crop just
milled in certain districts.
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1922-08-10
Excavation Reveals
Historic Cemetery
lBv Associated Press

New Smyrna, Florida, Removal of
part of an inconsp icuous mound from
lot adjacent to the Dixie Highway
on the outskirts of this city for the
earth it contained, has developed that
it was the burying place of either a
prisoner of war or a slave of the
European or Indian inhabitants of
Florida of more than one hundred
years ago. The mound, about five feet
in height and of small area, has been
familiar object since as far back as
the oldest inhabitants can remember
and tall oaks and palmettoes are grow
ing on it.
A real estate dealer who had the
property listed noticed recently that
some unauthorized person had been
removing earth from the mound and
upon Investigation he discovered what
he at first believed to be a shell of
peculiar form. 1t was identified later
as part of a human skull and further
excavation disclosed the skeleton of
a man who was about six feet in height.
Rusty chains were about the neck, arms
and legs, with all sections of the chain
Joined together.
The body had been placed upon the
level ground and the earth had been
heaped over it.
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1922-08-10
Holiday to Honor
st. Louis Girls
(By Associated Press.)

St. Louis, Mo. What is said will
be the first week to be observed by any
city in the country in honor Of it's
girls is being arranged here for Oc-
tober IA to 81 under the auspices of the
Board of Religious Organizations.
It is planned to open "Girls' Week"
celebration with large street parade
on Saturday, October IA, with floats
of all girls organizations in the city
being represented.
Sunday will be "Girls' Day" in all
churches. Special sermons for girls
will be delivered from the pulpits, and
professionally held.
Noon meetings in factories; mass
meetings in community and church
centers are to be featured Monday
and Tuesday. Drills and demonstra-
tions by the Girl Scouts and the Girl
Reserves also will be held on these
days.
A big fashion show is being planned
for Thursday with exhibitions of mod
ell clothing for girls. Special meetings
will be held for mothers and school
girls at the fashion show
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1922-08-10
FOUND DEAD ON
BIRTHDAY MORN
Mrs. Sarah Neenah Bond
is Found Dead in Bed
This Morning.
SEVENTY SEVEN TODAY

A birthday was saddened by death in
Kenosha this morning when Mrs.
Sarah Neenah Bond, aged seventy-sev-
en- years today, was found dead in her
bed at the home of her daughter. Mrs.
W. H. Evans, 572 Wilson avenue. She
had been i'll for several years but was
not believed to be in a critical condi-
ton. Her sudden death came as an
overwhelming sorrow to the home and
to the entire community in which she
lived.
On Wednesday Mrs. Bond had been
under the care OF physician and had
been confined to her room. She had
been suffering for several years from
hardening of the arteries. She retir-
ed early maintaining that she felt
much better. At eleven O'Clock her
daughter had gone to the room and
had found her sleeping regularly.
At eight o'clock this morning, Mrs.
Evans went to greet her mother upon
the occasion of her birthday. When
she reached the bedside she found
Mrs. Bond had, died some time during
the night. The physician was sum-
moned Immediately and later Coroner
Truman T. Parker was called to sign
the death certificate.
This is the second birthday DEATH
of the week for Kenosha, Mrs. Emma
Rolls having died on Tuesday morn
ing at her home at 655 Harry Avenue
upon her sixty-seventh birthday.
Mrs. Bond had lived in Kenosha
only few years, having come to this
city from Beaver Dam to make her
home with her daughter here. She is
survived by her daughter, Mrs. W. H.
Evans, of Kenosha, by another daugh-
ter in Minneapolis, and by two broth
ers in Texas.
The remains were taken to the Han
sen mortuary. Definite announce
ment of the funeral plans will be made
later.
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1922-08-10
To Make Ebony
from the Pine
Omitted Press Staff Correspondent
(BY Carl D. Groatl

Berlin-Conversion of pine, poplar,
and other ordinary woods into hard
wood. comparable in all respects to
ebony, mahogany and the like, is pos
sible under a new German invention.
Rights to this invention have been
obtained by Albert Theodore Otto, New
York business man, who represents in
America the great Krupp concern.
Otto believes that the invention will
have a marked effect upon the hard
wood industry of the world, causing a
vast drop in the importation of mahog-
any, ebony and such woods.
The device consists in hydraulic
apparatus, which congresses ordinary
soft woods to the point where they are
so heavy that they will sink in water
Any desired color of wood can be OBJ
tanned by putting stain through the
wood fibre under force before the
actual compression of the wood is &C.
complished. Then the whole structure
has the same color Ebony is obtained
with black stain; mahogany with the
rich dark brown stain.
1t is absolutely impossible to dis
tinguish the fabricated hardwood from
the natural, for it has all the charac-
teristics of weight, wear and beauty,
according to German experts.
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1922-08-10
Dedicate Exposition
Plant on August l6
lRz Associated Pressl

Aurora, Ill-The new million dollar
plant of the Central States Fair and
Exposition on the Lincoln highway
near Aurora will be dedicated August
16 by Secretary Of Agriculture Henry
Wallace as farmers show.
The exposition is largely the crea-
ton of farmers and breeders of north
ern. Illinois and primarily will be
agricultural although it will have all
the features incident to fair in adj
dition to an automobile exhibit and
baby show open to the nation.
A Great Western circuit harness
horse meeting will be held during the
fair. The race dates are August 22-
rs. The fair itself will be held on
August 1926. Purses and premiums
totaling $125,oO. The federal depart
ment of agriculture and the Dominion
of Canada will be among the agricul-
ture exhibitors and President Harding
has been invited to attend August %,
Republican Day.
The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1922-08-10
Kenoshan Serving Life
Sentence, Asks Blaine
for Liberty.
SHOT HIS COUSIN
Slayer of Peter Cerminaria Be
lieyes Five Years is Enough
Time to Spend inf Prison,

Joseph Gallo, former Kenosha man,
convicted in the circuit court here on
December II, 1917 of the murder of his
cousin, Peter Cerminaria, which was
declared by the district attorney to be
the most cold-blooded murder ever
committed in Kenosha county, has APP
pealed to Gov. John J. Blaine for a
pardon and the hearing on the appli-
cation will come before the governor
on September 9th or as soon after that
time as it is possible for the governor
to hear it. The application for the
pardon has been made by Attorney An
gelo Cerminara of Milwaukee, who is
in charge Of the Italian consulate in
that city.
Notice of the appeal for the pardon
has been served upon the judge of the
circuit court and the district attorney
of the county, but as yet they have
made no statement as to whether or
not they will oppose the granting of
executive clemency to Gallo.
Gallo was sentenced to life term in
the state prison on the morning of
december ~, III and Judge Belden IN
imposing sentence issued call to the
officials of the city and county to rid
Kenosha of gun toters.
Claimed Self-Defense.
The trial of Gallo was one of the
longest murder trials ever held in Ke-
nosha county and strenuous effort
was made to>secure a verdict of ''not
guilty" on the plea that Gallo had shot
Cerminaria while acting under great
provocation and in self-defense. Gallo
was defended by Attorney Robert v
Baker, who is now county judge of
Kenosha county.
Gallo shot Cerminaria on Garden
street in Kenosha on the night of July
/, 1917 and at the same time he came
near hitting two other relatives OF