davidaulloa/AmericanStories huggingface dataset:
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1922-09-28
LOCAL AND PERSONAL.

Miss Elsa Nagel spent Sunday at her
home in Waldo.
Mr. and Mrs. l.. j. Nash were Mil
waukee visitors Saturday.
Miss Elsie Turner of Milwaukee is
visiting with relatives here.
Mrs. w. w. Delano is at Pelican
Lake for "A several days visit.
Mr.. Stephen Zych of Newton made
call at the Pilot office Friday.
Mr.. James Morris of Liberty was a
caller at the Pilot office Tuesday.
Mrs. A. L. Nash and daughter, Miss
Eleanor, left for Milwaukee Friday.
Mrs. Arthur Schuetze was visiting at
Chicago with relatives over Sunday.
Mrs. l., b. Clark left for Sheboygan
Friday to spend Sunday with relatives.
Miss Gertrude Stahl has returned
from a visit with relatives at Milwau
kee.
Miss Minnie Miller left for Mlwau-
kee Friday for a weeks visit with rela-
lives.
DR.. and Mrs Emmett Angel of Mil |
waukee are visiting at the Nick Terens |
home.
Miss Florence McCulloch left Mon |
day for Amigo to spend a week with |
friends.
Miss Edna Dueno is spending the
week with relatives at Milwaukee and
Chicago.
Mrs Henry Meany has returned from
a visit with relatives at Milwaukee and
Madison.
Mrs. john Geimer of Milwaukee is
visiting with her mother, Mrs. August
Bieberitz
The Misses Mabel Click and Sophie
Korlesl5y are spending their vacation
at Milwaukee.
A son was born last Thursday to Mr..
and Mrs r. Richards of 953 North
Tenth street.
Mrs. Catherine Knox is visiting at
the home of her son, Dr. Eugene Knox
at Green Bay.
Mr.. Harry Tvrznik of Boyd, Wis,
was in the city Friday and made call
at the Pilot office.
Miss Florence HOwarth has returned
to Brillon, where she teaches, after
visit with her mother.
Mrs. r. c. Douglas and daughters,
Mary and Anne, left for Chicago Fri
day for weeks visit.
Frank j. Durfee of New Orleans is
visiting at the William Auman home on
South Twentieth street.
John Healy, son of Officer and Mrs.
Con Healy, left for Milwaukee Friday
to enter Marquette University.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1922-09-28

WANTED-to hear from owner Of
farm for sale. State price. Mrs. w.
Booth, Box D, Hipark, Des Moines
Iowa.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1922-09-28

Get rid of the thoughts which are
making Your ambitions sag, says a con
temporary writer Suppose you had
the fla and you feel weaker than you
did year ago at this time, and you
tire out so quickly that you get dis
couraged at the little you accomplish
in comparison TO your past efforts.
Don't you know that you are greatly
influenced By your state Of mind?
Unhappincss and discomfort produce
headaches and lack Of desire for prop
err exercise and i'll health is perfectly
natural under these conditions.
The simple fact of being a year older
shouldn't make you feel year nearer
your grave.
Why think of each year as taking SO
much vitality and strength?
You know persons who are twenty
years older than you are who are spry
and happy and seem TO get more out
Of life tEan they ever did, don't you?
You kaow others who are younger
but dral md complaining.
70 which class do you belonF2 BE
young in spirit, in heart, in hope.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1922-09-28

There are 4 hundred successful men
and women where there Is one that Is
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1922-09-28

FOR SALE-Lady's fur coat. Cheap
If taken at once. Inquire at this Office
You can inspect the coat here.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1922-09-28

Co, located at Manitowoc, State OF
Wisconsin, at the close of business, on
the 10Th day of September, 1922, pur-
suant 10 call INV, the Commissioners or
RarLi,
ppSo1rpcpe
Loans ana discounts including
secured by real estate $50, 3ooOO
secured by united
"''s pohu' ''''''',' ooo'Oo
0''ou oS o'iiei oonu' '-O'Vo
coriotonoy ''''o' aosooo
Ad,oroos 90 os+,+ and
s4a2te 80
o,., $500
So.
No., ''' "',N - y, 20 - 0'''
dona loit, "'i''' ''"i'N'' % On. 90
nro From, othor horl,s ooror
al deposits Observation-Disclosures. 4l97. 20
Due from approved reserve
banks, general depositsS l,993.63
Cash on hand
Gold Coin and
eertlheates $3.50 -. $50 w
9'iNel COLI ''''''''''''' o@'o'
'nt'eu states anu ,oo-oo
',O''''' $50
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1922-09-28

Rain and Snow.
One inch of rain is equivalent to
ten inches Of snow.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1922-09-28

REPORT OF THE CONDITION OF
THE EAST WISCONSIN TRUSTEE
Co, located at Manitowoc, State Of
Wisconsin, at the close of business, on
the 10Th day of September, 1929, pur-
suant to call by the Commissioner of
Banking.
The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1922-09-28

County of Manitowoc
1, Oscar A. Alter, Secretary ofthe above
named Trust Company, do solemnly
swear that the foregoing statement is
true to the best of my knowledge and
belief. OSCAR \, ALTER,
The New York herald., 1922-08-11
NEW BANK OF AMERICAS
SUCCEEDS MERCANTILE
Large Interests to Be Repre-
sented on Board.

r. n. Stettinius OF J. +. Morgan &
Co. said yesterday the Bank of Central
and South America had jdst been formed
to carry on the banking business for
merly handled by the Mercantile Bank
of the Americas The latter banks COM
meIcial activities have been terminated
and the new institution VIII operate
solely along banking lines.
In statement relative to the organi-
cation of the Bank OF Central and South
America. with capital Of S5.oo0,oOo
and a surplus of $2,50O,000 Mr.. Stetti-
MUS said The name of the new bank
accurately describes the fields I'm which
the principal operations will be con-
Quoted. 1t will take over the shares
formerly held By the Mercantile Bank
OF the Americas. in five affiliated in
stitutions in Colombia. Peru, Costa
Rica, Venezuela and Nicaragua. and it's
own shares, in turn, win be held for the
time being by the Mercantile Bank Of
the Americas. which last named corpo-
ration will cease to function as a bank
ing institution"
Directors of the new institution have
not yet been definitely named but II IS
understood the board will consist OF men
approved by the banking committee
formed last year, consisting of Walter
IL. Frew. w. V. King, Gates W. Nc
Garrah. w. c. Potter and II. II. Stetti-
MUS. 1t Is understood that the Guaranty
Trust Company owns 40 per cent. Of
the stock in the old bank and Brown
Brothers 10 per cent. while another big
shareholder is ]. & w. Seligman & Co.
The New York herald., 1922-08-11
WOULD STOP WAGNER
ASSETS COMING TO ". Y.
Chicago Creditors Want Pro-
ceedings There, Too.

Special Dispatch 70 THE NEw YORK HERALD.
CHICAGO. Aug. 10.-Attorneys repre-
senting Chicago creditors of the bank
rupt brokerage Arm. T.. w. Wagner &
Co.. which failed recently with liabilities
or ss,4oo.o0o. appeared before Federal
Judge Willserson to-day in an effort TO
have the proceedings against that com
pany taken UP in Chicago as well IS in
New York.
Judge August y. Hand, United states
District Court OF New York. ruled re-
Gently that the payment Of creditors and
bankruptcy action must take place in
New York. A million dollars in securi-
ties. part OF the $500. 900 assets In the
hands OF the receivers. which is now In.
Chicago. was ordered to New York. b
Attorneys representing the Central
Trust Company. Chicago. receivers, and
other creditors declare that this should
be kept in Chicago to reimburse local
creditors and that Il Is not necessary that
the proceedings be held in New York
alcne. Creditors viii receive about 50
cents on the dollar. the New York re-
ceiver. John S. Shepard, has announced.
The New York herald., 1922-08-11
To Holders OF Fifteen Year Six Per Cent
sinking Fund Gold Bonds OF
RRADEN TOppER MINES COMPANY :.

The undersigned, as Trustee, under the Col.
lateral Trust Agreement dated February L.
1915, securing the aforesaid bonds. pursuant
70 Section OF Article III. OF said Agree.
ment, hereby calls for tenders for the salt
to Il, as such Trustee, OF an amount Of said
bonds sufficient, as nearly as may be, 10 ex-
haust the sum OF Six sixty-seven thousand, SIX
hundred fifty-nine and nine one hundredthk
dollars (<6GT $50 o9D now IN It's hands for ac-
count Of the Sinking Fund provided by said
Agreement. All surh tenders must be for all or
any part of the bonds offered. must state the
price at which the same are offered, not ex-
ceeding. however. 1865 OF the principal
thereof and accrued interest. and must be
received ai the Corporate Trust Department
or the undersigned, No. 10 Wall Street. New
Yor, on or before IL o'clock noon on August
IG, 1922. Each such tender should be securely
sealed and marked r'sTendcr OF Bonds for
Purchase for Sinking Fund under Collateral
Trust Agreement OF Braden Copper Mines
Company dated February /. 1916" Noufica-
tion of tenders accepted viii be mailed on
or before August II. 1922. and viii call for
delivery of The bonds on or before August
%. 1929, with coupons maturing February 4.
1929. and subsequently,.
Dated at New York this I'd day Of August
1922
BANKERS TRUST COMPANY. Trustee.
BY H. II. WILSON. Jr., Vice President.
The New York herald., 1922-08-11

note circulation increased by sT.iO0,O00.
These changes in liabilities, together
with nominal decline OF 10000 in
reserves. are reflected in "A rise OF the
reserve ratio from 1916 to So.f per cent.
All classes OF earning assets show
reductions for the week except United
States bonds and notes, which increased
about sl,O00.0c0. Total earning assets
declined by S27 10000 to sl.020, 700, GOO.
compared with 1881. 100000 reported for
August 10. 1921.
Gold reserves of the Reserve banks
show a gain of s20o.0o0 for the week
The shifting of gold reserves included
loss of $2l.700.0oo by the New York
bank and smaller losses by the Cteve-
land, Chicago and Kansas City banks.
while the Boston bank reported the
largest gain. amounting to sl0loo,ooo.
Holdings of paper secured by Gov
ernment obligations show n reduction
from $3.50. 900 to si17 10000 or the
total held s95.9ooooo. or Sl4 per cent,
were secured by Liberty and other
United States bonds; ss.70oooo or 81
per cent, by Victory notes; sl3.7oo,oo0,
or 1i6 per cent, by Treasury notes, and
A.5O0.oO0. or $40 per cent, by Treasury
certificates.
The New York herald., 1922-08-11
SMALLER BUSINESS
IN RAIL EQUIPMENT
American Locomotive Com
pany Shows Deficit-Gross
Is Lowest Since 1915.

The report of the American Locomo-
tive Company covering the first six
months OF this year shows deficit after
charges Of s9s6.7so. which compares
with a net profit in the corresponding
period of last year of sS,901.o4S. de-
cline Of s4,ss7 s23 in earnings.
Gross earnings for the period were
s7,399,9 ,934. the lowest OF any half year
period since the early part Of 1915.
The following tablo gives compari-
son of the chief items OF the income
account for the six months period with
those of last year:
Gross earnings 49,. s7.S9o,oa4 s5oso,7si
alton ......s....... s,s2s.5oo 2i.s9o.554
constituent companies d32la 43,18
u. s. and Canadian
income and excess
profits taxes ........ Cos 600
Deficit ............. 086Ts0 '3,90r,0l3
profit.
The strong cash position Of the COM
pany due to conservation OF It's net
earnings during the years Of greater
earnings the report sets forth. war
ranted the payment In the six months
period from previously accumulated
profits of two quarterly dividends each
of 1A per cent. on the preferred stock
and two quarterly dividends Of " per
cent. on the common stock. total OF
$1,625 900.
THE inventory account of materials
and supplies on hand and work in
progress on Juno 30 amounted to s5.-
$997,6f1, as compared with S4.751,s00
on December 81. 1921.
THE net current assets of the COM
pany amounted to s3s.113.392 after pro-
viding reserve of $795.213 for shrink
age in value OF notes and discount on
Canadian funds. and reserve Of $685.
OF for United States and Canadian in
come and profits taxes. The company
on June. 80 had no loans payable and
had in its treasury in cash and market
able securities s24.44s,304.
During the six months there was ex-
pended for additions and betterments to
the plants s36s,615. The total untitled
orders on June 80 was S9,06T.9S0. OF
which domestic business was 92.7 per
cent. and foreign business 7.3 per cent,
compared with total untitled orders on
December 81. 1921. of S3.344.300. of
which 96.2 per cent. was domestic and
3.S per cent. foreign business. The
largest part of the untitled orders on
hand was not received until the latter
part of April and during June and earn
ings on same will be included in the last
half of this year
There has been very material In
crease in business since June 30, the
amount of untitled orders now on hand
being about 100 per cent. greater than
on that date. We believe additional
domestic business will bo obtained. but
mt present there is very little attractive
foreign business offered
The New York herald., 1922-08-11
BROKERS GIVE AID
TO PURGE TRADING
American Cotton Exchange
Shows Evidence Of Law Vio-
lation Against Member.

A committee Of members Of tho Amer
lean Cotton Exchange called upon Dis
trict Attorney Banton yesterday 70 COM
plain against fellow member and to
assure the prosecutor that the exchange
intended to live up 70 tho law
Tho committee. headed BY J. $. oliver
OF Oliver & Houghton. cotton brokers
OF 80 Pearl street, accused this member
whose name was not made public, OF
persisting not only IN violating tho rules
Of the corporate body but the penal law
as well. lie has been Expelled from the
exchange and similar action win be
taken with all others who break the
law. the committee stated.
The new management or the e1'
change" the committee said. intends
to see that the law Is obcycd. We have
started in TO clean house along the line
so clearly indicated by District. Attorney
Banton We are sincere In this atti-
tude because of the belief that the eN-
change has wonderful future before K
within the law
Benjamin r. Schreiber. Assistant Dis
trict Attorney. IN charge Of all bucket
SHOu lnNeStkhllNuEs TOOK tHe eNlucllCf
presented by the committee and said
ho would take action n he deemed II
warranted. lie appeared pleased that
the men had of their own volltion placed
the evidence IN his hands
n think this IS what every exchange
ought 10 do" hc added "If honest
members of such body find evidence
or crimlnality about fellow members
they should consider Il their duty 20
report the facts 70 the District At
torrey'
A stay following conviction Of the
American Cotton Exchange upon pay
mcnt Of the S.. 900 fine imposed upon
tho exchange by Justice Marcus IN the
Supreme Court has been agreed upon
pending the outcome ~ an appeal from
the conviction.
Edward l.. whhehousc, formerly a
clerk in q brokerage house at 50 Broad
way. who was arrested Wednesday
charged with bucketing, will have =
hearing to-day In Tombs court. Carlos
Rohde or 80 Church street alleges no
gave the clerk s475 last autumn for the
purchase Of stock and that the order
was bucketcd.
The New York herald., 1922-08-11
STANDARD WILL LEASE
OIL REFINING PROCESS
Not to Monopolize Use Of Ell
lis Patents.

The Standard Oil Company OF New
Jersey issued yesterday a statement re-
garding the suit recently started by the
company against the Pure OIL Company
in the United States District Court in Ohio
alleging infringement of tile Ellis
patents by the operation of cracking
process which the Pure Oil Company
has just begun at it's Health, Ohio.
Plant. The statement said In part:
ut Is not to be understood that the
bringing of this suit indicates any in
tention or desire on the part OF the
Standard Oil Company OF New Jersey
to monopolize the use OF cracking proc
esses of the type in question.
with regard to that considerable
proportion of the industry which has
The New York herald., 1922-08-11
DISPATCH CONCERNING
MORGAN NOT BELIEVED
Associates Understand He Has
NOT Been Out of England.

The dispatch cabled from Rome on
Wednesday that J. p. Morgan had been
forced to return to Innsbruck. Austria.
when Italian customs officials at Bren-
ner. Pass refused TO accept his check
for duty ON his car was held to be
wrong by associates in his New York
office yesterday.
1--WE cannot give much credence TO the
report" said one Of them. mir. Morgan
has not been out of England on his
present trip abroad, and az far as we
have been Informed. he contemplated
no trip through Austria and Italy while
in Europe"
The New York herald., 1922-08-11
GOOD BUYING TAKES
COTTON PRICES UP
Bullish Possibilities in Crop
News - Futures Rise 81
Points for Day.

Developments in the cotton market
yesterday added about $3.50 per bale
to the price and emphasized the bullish
possibilities in crop news at this critical
season in the life of the plant. While
much of the upturn was undoubtedly due
to an adjustment of oversoI conditions
in the market, there was also a consid-
cradle amount OF trade buying and good
support from Wall Street and uptown
interests.
Bulls were fortified with reports of in
sufficient rain In Texas. where army
and leaf worms have been causing dam
age, and by complaints from the East
ern belt of further rains and boil weevil
depredatfons An early rumor that the
National Ginners made condition 67 was
at first interpreted as bulish, but later
construed as about in line with the
average August condition loss of IL per
cent, as his report was for the half
month and would represent a little over
3 per cent. decline in that time.
Perhaps the .rade buying was one OF
the most significant features of the day,
as 1t indicated that mills were becoming
Impressed with the damage reports and
possibly saw more business ahead.
Apart from the relief afforded by cooler
weather tnere was nOtnlflE DeaT1sn III
the weather news, as Texas was without
rain except in a few places, and scat
tered showers appeared throughout the
rest of the belt. being heavy In some
places. From the character of barome-
ter lines In the far West some of the
local map readers figured that return
of high temperatures was probable In
Texas and Oklahoma within the next
few days. tst
October contracts sold OF 2o.s1c. at
best levels OF tho day and December,
20.S2c. Reactions occurred at times un-
der active. local realizing and the unfa-
vorable labor situation. and in the last
hour n renewal cf Southern hedge pres
sure threatened to cause q break until
It was checked by heavy Wall Street and
uptown buying right at the close which
ran some of the late months up to new
highs for the day.
Final prices showed AZ to 81 pointn
net rise.
The local market for spot cotton wns
steady and 80 points higher at 20.a5c.
for middling; sales, nil Tho New Or
lctns spot market was quiet. Is points
higher at 2o.75c. It's sales were 6s0
bHles.
Range OF prIces:-
The New York herald., 1922-08-11
500 p. G. STOCK DIVIDEND.

The Monatiquot Rubber Company has
declared a 500 per cent. stock dividend
on the common stock. A certificate filed
with the Commissioner Of Corporations
of Massachusetts states that the capital
has been increased from SS50.000 to
$500, 900 by the issue of $500 additional
shares OF common stock. bringing the
capital to 1900 shares OF preferred stock
and 5000 shares of common stock. each
of S100 par The $500 shares OF new
common stock will be issued In the ratio
OF 5 t. l to present common stockhold-
ers.
The New York herald., 1922-08-11
MONEY MARKET.

THURSDAY, AUGUST TO- 1899.
Renewals. Last ...,........l
High. ...,.......,...H 3 Years hiEhl."4.
Low. Years low...... 2a
TIME LOANS.
Mixed coilaterais. 90 10 90 days 3xaA
Mixed colatcrnir 20 months -. nav
Industrials. 90 10 90 days.........l. 3Nlf4
innustriafs, 20 months. s........... 14h
COMMERCIAL PAPER.
pcet names, 4 20 d months
Other names. TO months, .... 4 mai.
DISCOUNT RATE. RESERVE BANK.
Commercial paper. sf5 days, 4; 90 70 nc
days, 4; Liberty bonds and Victory notes. tJ
days. 4 le 70 20 days, q: bankers accent.
sFiSed June II. PREVIOUS rate AZ fixed
November ?, 1921.
OPEN MARKET RATE.
Call loans and accoptanccs. ....... atxor
Discount rates on prime bankers nro.n,
ances eligible for purchase by Federal RE-
Bid Ask Bid. Ask.
60 60 dSys.. ddSys..... Ss iso days. days. $i
CLEARING HOUSE STATEMENT.
Clearing House exchanges. s6ib 200. 600
balances. eG3 800, ,O0O Federal Reserve credit
balances s5o,so0 600
SILVER MARKET.
official bar silver In New York, domestic,
London. 34%d., unchanged. Mexican dollars.
59Ac., unchanged.
Range OF silver prices this year:
Highest. Lowest
II don ...... 3Issd. May % 32i4d.. Feb. oe
Ne York;. sjNc.. Way p S2Ac.. Feb. y
The New York herald., 1922-08-11
STEEL CORPORATION
ORDERS TAKE JUMP
Untitled Tonnage on Books
Totals 5,776, 6,161, Increase
of 140,630 in Month.

Untitled orders on the books of the
81 aggregated 5.T76.1e, tons. compared
with 5,ss5,5Si tons on June 80. an in
crease of i406S0 tons. These figures
were made public yesterday by the
corporation. The untitled tonnage re-
ported for the end OF July is the great
est since April, 1921.
The following table gives compari-
son of the monthly tonnage figures
published by the corporation since
January 1920.
The New York herald., 1922-08-11
BROKERAGE FIRM ASSIGNS.
ATairs of Mueller 4 stout. BaIti-
more, to he Investigated.

BALTIMORE. Md. Aug. 1o.--Mueller &
Stout. one of the four stock brokerage
houses that suspended business yester-
day because of the removal OF their
ilckers by order Of the New York stock
Exchange, made an assignment to-day
for the benefit of creditors. The hnan-
cial condition of the firm was not stated
The concern also was suspended to-
day from the Baltimore Stock Exchange
rcnding investigation into it's affairs by
lie Exchanges committee on business
conduct.
The New York herald., 1922-08-11
wILLYs-ovERLAND EARNINGS.

For the five months ended May 81 the
WHY'S Overland Company reported net
loss OF Si.661 .262, after charges and de-
probation. Net sales during that period
totalcd S2S.2Si ,9S1 During June the
conipany's earnings increased. due to the
larger demand for one of its models.
The New York herald., 1922-08-11

evidenced that il intends to respect our
patent rights there is no disposition on
the part OF the company to maintain
monopoly OF the use Of the type or
the process In question or to impose
burdensome or discriminating terms OF
license. The company .s and has been
willing to grant licenses under It's
cracking patents on fair and reasonable
terms"
The New York herald., 1922-08-11
FINANCIAL NOTES.

Dillon, Read 4 Co. announce that the
Issue % S2.i50.oOO Philadelphia Rapid Tran.
sit Company per cent. equipment trust
certificates. series r. has All been sold.
The Chatham and Pbenix National Bank
has been appointed transfer agent for the
voting trust certificates representing si0,-
100000 preferred stock. $4,000 Glass a
common and i5o.OTs shares without par valu.
class y common Of The Beaver Hoard COM
paules, III
The New York herald., 1922-08-11
DIVIDENDS.

Union Pacific Y. r.. s.-s.,
Union Pacific n. r.. y. 81 20. Sept. oct. 4
Southern Pacific. o., sf.b0. Aug. at oct. ?
Quaker Oats Co, a., s........ Oct, Oct. ~
Quaker oats Co, pf.. a.
xi.D .t:s.s....,., ,..,. .... NOV ! Nov. ~
isle RoyRle Copper CO., SOC. Aug " Aug, II
Northern Texas Electric Co,
s.-a,t pf., 80. Aug. ~ Sept.
Northern Texas Electric Co,
d. s2................. III Sept. I
u. s Gypsum Co. a., 20c.. Sept. 10 Sept. ~
u. s. Gypsum Co, pf., a.,
siTs ..t...........-.4... sept. IS Sep, 30
Nebraska Power Co, pf., a.,
Sl.I3 ...s ..s mug. lv sept. =
Lanston Monotype Machine
Co, 81 ...4...rt,.. Aug. Aug. ~
Eastman Kodak Co, pf.. a..
Eastman Kodak Co, a., 81 20. Aug, "a oct. 2
Am Locomotive Co. a., Si.5o.S sept. 10 Sept. 30
Am Locomotive CO., pfs a..