davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-12-17

Rue st. Honore in Paris those fetching
garments. built of brocade. were spread
over the chairs to catch the eyes and
the dollars OF American women. The
shrewd> American women looked them
over. appraised them well. and initiated
them with scraps Of material when they
came home.
They really make an admirable bridal
gift Remember them when your mind
is perplexed at the receipt Of a new in
vitation. If one cannot easily get the
white fur. substitute 1t with crepe de
chine or duvetyn. The outside can be
made OF brocade or the new flowered
Oriental silks, the edges hold bands of
fur OF colored marabou. The latter Is
dyed to give briuiancy to the garment
and is more fashionable than fur. A
trousseau house coat Is of green bro
cade edged with green marabou and
lined with French army blue crepe de
chine. 1t reaches to the knees and has
wide three-quarter sleeves. the kind the
.Orientals tuck their hands In.
Such house coats are new. They are
rich sisters OF the short Victorian
sacques. Chinese coats will serve very
well. Persian and Indian tunics are ex-
tremely desirable. but. barring Oriental
ism, one can fashion such a coat of cur
TAIN HldteTldl duu QcSctdlc IL with ,
new or old.
Long Kimonas of Velvet.
The kind OF negligee that can be worn
to the breakfast table and later to the
dinner table, at pinch. Is sumptuous
in its medievalism. 1t Is warm enough
to save the price of coal. Velvet, broad
cloth. duvetyn and crepe de chine lined
with flannel are the fabrics chosen.
Ruby velvet makes an enticing kimona.
especially when lined with topaz crepe
de chine or a dead leaf brown. Chinese
green is the rival of ruby. Brown in
several shades is good. and It does not
GO to the cleaners often.
The inside of these lximonos must
he as gay as the purse permits. Some
times they are lined with the new
Oriental silk. again crepe de chine
serves and common garden flannel is
not despised by even costly dress
maker. A
Brocade ranks among the high priced
Evening star., 1922-07-22
failure OF RYAN
. SHOCK To. STREET
Son of Veteran Trader and
Millionaire Heavy.
Bankrupt.

NEW YORK. July 22.-Wall street
suffered one Of its periodical shocks
yesterday when Allan A. Ryan, son
Of the veteran trader and millionaire,
Thomas Fortune Ryan. filed q volun-
tary petition in bankruptcy listing
mis- liabilities at $S2.435,477, Of which
s27,S06,9S4 were secured" and assets
Of $643,533.
Traders at once recalled. his ex-
pulsion from the New York Stock Ex-
change, June %, 1920, following the
sensar arional corner of Stutz Motors
This action is held by his friends to
have been responsible for young
Ryan's ruin. He and a few others
were alleged to have purchased 81 900
shares of Stutz stock for themselves
and to have used the corner" so
created to force up the price for the
shares Of the motor company to 1891
share, with such scarcity OF the
stock that almost any price seemed
possible.
The exchange authorities after an
investigation declared that a corner
existed, but Mr.. Ryan defied the ex-
change and is said to have forced the
shorts" to settle at s551.25 a share,
and associates Of $1,S50,000.
"ouAu 4~Ot AHS"cH ShoheSs
He refused to answer the summons
Of the New York Stock Exchange to
answer the charge Of operating a
corner" and the governors then ex-
PEELED him.
His seat on the exchange sold for
$4,000, or many times the price his
father had originally paid for 1t,
$4,000.
A million-dollar suit followed,
against the president of the exchange.
William H. Remick, and members OF
the board of governors. The proceeds
of the membership sale are among the
listed assets of the bankrupt.
1t is reported that Thomas Fortune
Ryan and young Allan A. Ryan have
not been in close relationship Tor
some time.
1t is this fact that creates the opin-
ion that no family help will be ex-
tended to the bankrupt.
Evening star., 1922-07-22
TREASURY CERTIFICATES.
(ouota tions furnished BY Redmond & Col
WEEKS GRAIN TREND
FOLLOWS STRIKE PARLEY

CHICAGO, July 22.-Eforts to an
ticipate the market effects Of any set
tlement Of the railway and coal
strikes have done a good deal this
week to send wheat prices to a lower
level. Compared with q week ago,
wheat this morning was down 2k tQ
An, corn was 2 of to u up and oats
showed a decline OF 1ha1A to IN.
In provisions the week brought net
gains varying from to IS.
Whenever new moves gave even
slight promise Of bringing about an
end of the big labor struggles wheat
traders were quick to attempt dis
counting in advance the fall IN prices
that is generally assumed would re-
suit should either or both the strikes
be declared off. The bear side OF the
market found additional favor, too,
because Of weathersco conditions which
dispelled almost completely linger-
ing fear that black rust might en-
danger the spring crop. In this con-
nection railway officials were quoted
as predicting that. notwithstanding
strike difficulties, the roads In the
Of record size.
Broadening out of export demand
for wheat took place on the declines
in price, but failed to check to any
great extent the downward tendency
Of values. Buying for European ship
ment was said to be largely due to
increasing concern abroad about tho
possibility OF supplies being restrict
ed by strike interference. Liberal re-
ceipts Of wheat at primary centers
were noted, however, despite ham
pered facilities for transportation and
rural complaints Of shortage Of cars.
Corn and oats were easier with
wheat and on account Of auspicious
field reports.
ues and a better shipping demand.
Evening star., 1922-07-22
COTTON MARKET TREND
IGNORES BULLISH NEWS

NEW YORK, July 22.-The cotton
market has been In the peculiar posi-
ton this week of ignoring bullish
weather and crop news, which, under
ordinary circumstances, would prob
ably have provoked a very sharp up
turn. The southwest has had an al
most continuous spell of hot weather
during the week, with temperatures
at many points in Texas exceeding 100
degrees. and causing cotton to shed
time boil weevil activity has been
promoted in the eastern belt by per-
sistent rains. which, in some sections,
have been very heavy, approaching &
cloudbursts. That the market should
have disregarded the numerous bull
ish reports, which naturally followed
weather of this character. was sur
prise to many traders, October selling
under % cents.
It's answer was to be found partly
in the labor situation, which has not
cleared up as rapidly as expected and
in the fact that a good many people
in the trade are not convinced that
the crop has suffered as much dam
age as the numerous private reports
would seem to indicate. 1t is con-
tended that unless prolonged unduly
the high temperatures in Texas Will
be more helpful to cotton than other
wise, and that the boil weevil damage
gerated.
An absence of outside buying in
terest has also operated against an
advancing market, the trade has
bought less freely than it did week
ago and the foreign political situa-
ton is still considered to be an un-
certain factor. Dullness in the cot
ton goods trade has been attributed
to a desire to await the forthcoming
government crop report, which is eN
pected by many to show an improve
ment of about three points over last
month. In addition to the regular
condition figure the report on August
l will also give an estimate of the
damage that has been done SO far
by boil weevil.
A feature of the week has been a
further reduction of the local stock.
Unable to get the grades desired in
their own markets, southern ship
pers have been coming to New York
for their cotton and steamship men
estimate that 100000 bales may be
shipped abroad from here before new
crop supplies are available.
Evening star., 1922-07-22
SHIPPING NOTES.

Increasing volume OF business con-
ttnues. Yesterday sixteen steamships
and one schooner cleared from Phila-
deiphia for coastwise and foreign
ppteamship p TuscoIa with 24s,476
huaheis Suf Of wheat for west italy.
cant. w. B. Spragg of Philadelphia
has purchased the British schooner
Nettie c. for $4,000 at Yarmouth,
N. S. The vessel was built in Saul
nieryille, N. S., in 1910, and cost
American-H Hawaiian Steamship Com
pany plans operating intercoastal
steamships from Baltimore.
Motor ships are being considered by
the Nawsco Lines. M. T. Mcdonald,
trip abroad, where he studied the
motor or-propelled vessel. -
State board Of commerce and navi-
cation of New Jersey has begun a
survey of the New Jersey coast from
Cape May to Sandy Hook.
Clyde Steamship Company has re-
ported to the Shipping Board figures
n connection with operation the last
four months of tho boards service to
Shipping Board has settled the
ss. 0Oo. 900 claim Of F. J. Duthie &;
Co, Seattle, for $4,000. The claim
was for the cancellation OF ship con-
8tfuCtlOn COuIIACtS. -
The Shipping Boards fuel commit
toe has reported on recent fuel con-
sumption Of Shipping Board vessels.
The normal consumption will be de-
termined and operators Of Shipping
Board tonnage will be expected to
adhere to it.
Reports from Seattle say the Ocean
Transport Company Of Kobe. Japan,
will place two steamships in the trade
between Seattle and North China
portl --.-..,--s-. ..--...--.--.--
Evening star., 1922-07-22
STOCK TONE FAIRLY EVEN,
DESPITE STRIKE DAMPER

NEW YORK, July 22.-The financial
and commodity markets maintained
a fairly even. tone during the better
mart of the week, regardless of the
severe handicaps imposed by the
crises in the coal and railroad strikes
and further slowing. down OF In
dustrial operations.
Prices Of stocks were irregular at
their worst, with an occasional dis
play Of pronounced strength in sew
erai of the seasoned rails, notably
cotton carriers, and some OF the high
grade specialties under professional
control.
mand, partly to cover more or less
extensive short contracts, but for the
most part because trade seemed to
Justify hopes of q revival of ACTIVITY
in those Industries.
Coppers, chemicals, textiles and
numerous subsidiary issues derived
their tentative support from the same
reasons, but oils were variable.
Motors also. lost ground. their re-
versal being largely ascribed to the
precarious financial position of sew
eral prominent companies which, it
was feared, might necessitate reor-
ganization or drastic capital readjust-
"I Unusual conditions ruled in the
money market, rates for call loans
developing unexpected firmness, while
time funds, especially the shorter
dates, eased perceptibly, with more
liberal purchases of mercantile paper
at an average Of 1 per cent for all
maturities.
Evening star., 1922-07-22
FINANCE NOTES.

NEW YORK. July 21.-Gulf State
Steel today reported a net operating
income Of S313.74o for the quarter
ending June 80. as against s34.3s6 in
the corresponding period of last year
The net income is $225,664 as COM
pared with a deficit of $53.353 in the
same period of 1921 The earnings
for the second quarter were at the
rate Of $3.50 share annually on the
common stock.
warner Sugar Company has ad-
vanced hard sugar 10 points to $50,
and soft sugar 20 points to $50. Fed
eral Sugar advanced refined sugar to
$50 q pound. American Sugar ad-
vanced refined sugar 10 points to $50.
Arbuckle did the same.
Nevada Consolidated Copper will re-
build the $4,000 concentrating plant
damaged to an extent of about S2.-
100000 in a recent fire.
Calumet and Hecla Mining Company
has declared SIS dividend. payable
August 3. to stock of record July %.
Warner Sugar bought $4,000 bags of
Cuban raws at 3A C. and f., up 1s.
They also bought 10000 bags. afloat
and August shipments, at 23-32 C.
The syndicate Offering the 1886, 900
OF " per cent bonds of Yonkers, N.
Y. reported that they had been fully
subscribed.
The American Malt and Grain Com
pany has declared a liquidation divi-
dend of $1.50 a share. payable August
/. The Pure Oil Company declared
the regular 50-cent quarterly dividend
on the common stock. payable Sep
tember to stock of record August Is.
The Vacuum Oil Company is cutting
prices on lubricatfng oils. and the
new list will be made public shortly.
The Crucible Steel Company has al
located enough work to the Sanderson
Brothers plant, at Syracuse, to insure
capacity operations. The Sanderson
plant has been idle eighteen months.
Evening star., 1922-07-22
liberty ISSUES.
LIKELY TO ADVANCE
Banks Are Free Buyers, Hav-
r; ing Much Surplus Money.
| Fourth 4 1.4S Favored.
BY 1. A. FLEMING.

The chances are that liberty bonds
will continue to advance, provided
the present easy money conditions
prevail.
Months ago in this column easy
fact that the commercial demand for
accommodation had been materially
reduced and that it would not hgain
reach old-time proportions for many
years to come, this fact reducing the
employment of money at one of the
main sources for it's use.
This theory was advanced on the
belief that the manufacturers, job
bers, wholesalers and retailers, had
been severely punished for Chrrying
too large stocks. and that the lesson
had been learned to such an extent
that 1t would make itself felt in the
future.
This theory has proved to be cor
rect. as witness the great reduction
in the commercial paper being offered
for rediscount to the various federal
reserve banks and the large available
reserves.
Bankers feel that they can use
liberty bonds better than higher
priced and lower-yield government
certificates and will probably con-
tinue to accumulate the bonds.
Fourth 4 Ifs Favored.
OF the various issues of liberties
the fourth ANS have the highest GO
ing price. closing yesterday at s101.32.
They are not redeemable under the
optional agreement until 1893, and
have until 1888 before maturity.
The first MS are second in favor,
closing yesterday at 10O76. have the
longest maturity. 1912. but are callable
after November Is, 1927.
Probably a larger percentage of lib
erty bonds are now held by the banks
of the country than at any time since
the first fiotations. when the banks
were carrying practically two-thirds
of the total issue on account of the
millions of small buyers on the in
stallment plan-the means for the
success fiotation of the issues.
Tax Features.
Their tax-exemption features are
additional sources of income, although
local assessors and collectors hold
that the proceeds of local banks
holding Of liberties must be returned.
Banks did this under protest and
will probably do 1t again alb lib. until
there is some adjudication of the
cause.
the country during this period of low
money has been the result of the
banks recouping in large degree of
their heavy losses sustained durin g
the period of defiation when bonds
and stocks were seeking low levels.
Book Values, Plus.
Many of the banks took advantage
of the decline to mark down their
bond values. Under a ruling of a
former controller they were permit
ted to carry liberties at par If they so
desired, but many of them took their
losses.
They will soon have an opportunity
to mark up values again if they de-
sire. but the book values of most of
the local institutions do not reflect
the added value of liberty and other
bond holdings under the recent sharp
upturnS.
Evening star., 1922-07-22
DRY GOODS SLOW.
Traders Loath to Make Commit
ments Over Week End.

NEW YORK. July % Especially
The Standard print cloth construc-
tions were very firm and steady on
the dry goods market today. Traders,
however. seemed loath to make COM
mitments over the week end and the
volume of trading was not large Spe-
cialties were slightly more active.
Sheeting prices were maintained, al
though there was some indication of
shading at second hands. Consider
able business was done in sateens
and some sales were reported in
Osnaburgs and shade cloths at cur
rent quotations.
The silk market was firm. reflect
ing the character of buying this
week, which is believed to have car
ried good quantities into the hands
of manufacturers who are encour-
aged by recent large buying Of lin
ings by the garment trade.
Evening star., 1922-07-22
CROP CONDITIONS GOOD.

HAZBETON. Pa, July 22.-crop
conditions throughout the northeast
ern part Of the state are good and
excellent yields are forecast provfd-
ing no prolonged rafnly spell occurs.
There was an exceptionally bounte-
Gus yield of hay, due to tho damp
spring. Potatoes suffered somewhat
from a wet spell, but are coming
along finely with the hot weather.
The early varieties are Of nice quail
ity. Corn has been a little backward
Rye and wheat will soon be harvested.
Fruit Of all kinds will ,be abundant.
Evening star., 1922-07-22
NEW LIGHTING FIXTURE,

A commercial lighting fixture
which may revolutionize that indus
try has just been placed on the mar
ket by a prominent manufacturer. 1t
Is an inclosed unit and has a curva-
ture Of glass which diffuses the light
over a wide area without glare or
shadow and with a maximum of il
Elimination. In addition to being
economical and dustproof, it also is
harmless to the eyesight. The unit
uses from 100 to 500 watt. according
to size. It Is made in various finishes
and can be used in stores, offices,
halls, amusement places. etc. The
product is said to have been tested
for high efficiency rating by New
York laboratories.
Evening star., 1922-07-22
INCREASE IN BUYING.

Increased purchasing by merchants
throughout the country is reported
by the Credit Clearing House. The
eastern section shows the largest
gain in buying despite strikes pre-
vailing there. Reductions in in
debtedness also are reported from all
parts of the country. Payments are
less than q week ago because sprine
Purchases in many cases already have
been paid for. In the middle agri-
cultural section purchases are larg-
est in two years.. The mountain
lregion shows a large gain in pur-
chasing. Better purchasing con-
tinues to characterize the Pacific
coast section. A slight decrease in
purchasing is reported in the south
ern agricultural section.
Evening star., 1922-07-22
WHEAT 0uTL6sK GOOD

The Canadian weA - now assured
of a good wheat cf& according to a
report received at We Union Bank
of Canada from its head office in Win
nipeg. The report says prospects are
best in Manitoba. where plenty of
moisture is in evidence. Alberta is
uneven, but the grain in, this province
is Of good height and heading we'll
In Saskatchewan conditions are fa-
vorable where at some points from
40 to so per cent of the grain is in
head, the bank says.
Evening star., 1922-07-22
REPORT APPLE CROP BIG.

WILMINGTON. Del. July 22.-Ap-
pie yield In Delaware is forecasted
the largest in years. One day this
week 1s,313 baskets were shipped,
compared with 2,462 for the corre-
spending day last year. To date 1885,
031 baskets have been shipped, against
51,167 for the same period last year.
Many farmers are Withholding potato
shipments owing to tho oversupply
i'm markets. One day 1859 barrels
were shipped, in contrast to 4,067 for
the same day last year.
Evening star., 1922-07-22
Mop1F1Es MONEY ORDER.

VIENNA, July 22.-The Austrian
government has modified the order
issued on Wednesday prohibiting
trading in foreign moneys. Under
the new ruling trading will be per-
mitted between 8 and 10, o'clock in
the morning.
Evening star., 1922-07-22
DIVIDENDS.

Stock Of
Record Payable
American Malt 4 Grain Co..
$.oO aug. I
Insulated Wire Co., s-a 81 SO. July 81 Aug. 8
Peoria Bureau Valley r. R.,
81 Observation-Disclosures. July "a Aug. 10
Pure Oil Co.. O., 60c. Aug. 10 Sept. /
Southern States Oil Corp.
mo-, u. Aug. ] Aug. 20
Trenton Potteries Co., O., pf.,
cum. g. ................Ju July 20 July 25
Trenton Potteries Co.. O., pr.
non-cum., 81. July 20 July IS
Stewart Mfg Co., q. 75c. July 81 Aug. Is
Stewart Mfg. Co.. a.. pf, $2.July 25 Aug. 1
Evening star., 1922-07-22

A petition by mariners and navi-
eating officers in the Boston South
Atlantic trade, seeking the moving
of Vineyard Sound liGhtship two
miles south, has been approved by the
Boston Chamber OF Commerce.
Evening star., 1922-07-22

The star has censored the ad-
vsrtisin9 ON this page for the
protection Of tts readers. How.
eysf, u thsrs should be any
cause for complaint We VIII
make . fpll and impartial anyss-
tigation.
The Star strongly rscommsnds
that you consult an o46cef OF
some bank or some xnsmber OF
the local stock exchange before
making any investment at any
time,
Evening star., 1922-07-22

ATTENTION, CORPORATIONS
IF YOU REQUIRE $780,
600 OR MORE IN TIE EX-
PANSION OF YOUR COR
PORATION, AND WANT 1T
QUICKLY, COMMUNICATE
WITH US AT ONCE. STATE
KIND OF BUSINESS AND
FULL PARTICULARS.
Address Box 251-s.. Star ONCE
Evening star., 1922-07-22

TOTAL SALES (Par vaIue);
II a-n.. ............. 3 231 900
IL noon. .................. 6795 600
Evening star., 1922-07-22
TRADE TOPICS.

Linens are selling well. especially
dress linens, which are in better de-
mand than for some years, Prices
are one third less than last year. Table
linens are selling better than last
year.
Evening star., 1922-07-22

HOURLY SALES OF STOCKS.
II a.m..... ISL TOO IL m...... >3sI 100
Evening star., 1922-07-22

As indication of demand for plain
and finished book writing and cover
papers. a wholesaler says most fac
tories during June operated at 80 per
cent of capacity. Prices are generally
firm and advances have been made in
some lines.
Evening star., 1922-07-22

New life insurance policies written
have increased recently. according to
an agent of one of the largest COM
panias. because corporations are buy
Ing more and more such protection
against deaths Of their important
executives and officers
The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1922-05-12
CONVENTION OF STATE FEEDER
ALTON MUSIC CLUBS

Plans for the convention of the
State Federation of Music Clubs, in
Lexington, ON May Is and 10, are
rapidly being completed and many
letters have been received from the
different clubs showing a wide inter-
est and pointing to large attend
ance.
opened at the Phoenix Hotel for the
convenience and information of Wis
itors.
A special feature of the meeting
will be the Junior Conference to be
held Friday, May 10, at 10 a. m.
Mrs. Alanson Trigg, of Glasgow will
be the leader and several junior
clubs will send delegates.
Those expecting to attend the con-
vention dinner on Friday evening,
Henry T. Duncan. as soon as posi-
BILE. Tickets will be $3.50. The
various chairmen and committees Sc
far appointed are as follows:
General committee on program
and arrangements, Mrs. D. E. Fogle
chairman; Mrs. Ben VanMeter, Miss
Anna Chandler Golf, Miss Myrtle
Kesheimer.
Hospitality-Mrs Farquhar; au-
tomobile ride, Mrs. Edwin Oldham
decoration, Mrs. G.. F. Brewer and
Mrs. James Headley.
Visiting artists concert, Mis-:
Golf; banquet, Mrs. Henry Duncan
publicity, (State), Mrs. G. w. Pick
els, OocaD, Miss Mary Campbell
Scott; publicity luncheon, Mrs
Pickles.