davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-05-27
LEHIGH VALLEY DEFICIT
IS CUT DOWN IN APRIL
Alton Also Has Better Shosv.
ing IN Its Report.

The Lehigh Valley Railroads April!
report showed a net operating deficit OF
$25S,32o. This was s214.s4S better than
tine net showing made in April. 1921.
The months gross operating revenues
were $4,3s3.603, a decrease of $1,000. 1877
from April, 1921. largely in reflection OF
the depression in coal tonnage caused
by the miners strike.
In the first four months of 1922 The
Lehigh Valley saved net operating in
come of s1.S51,121. which represented
a betterment of S3.299,142 over the cor
responding period of 1921. Its grosa
operating revenues In the four months
period aggregated $21.649.141, decline
of $2.263.134 from the same period Of
the previous year.
Operation of the Chicago and Alton in
April resulted in a net operating def
icit of s14.734, or $44,s96 less than the
operating deficit reported for April.
z, 1921. Its gross operating revenues Of
$1.937.363 represented a decrease of
s245.S74 from April of the preceding
year. Although a decline of $35s,21c
carries its gross operating receipts doH n
to S9,6S9.S07 in the first four months
of 1922, the Alton was able to show lie.
operating income OF $1.13s.566 for that
period. which was $1.3Sl.952 better than
its exhibit in the first third OF 1921.
The New York herald., 1922-05-27
Motor Stocks Advance.

Automobile stocks were among the fea-
lures of yesterdays market on the big
board and n the curb. Studebaker shares
were bid for in large blocks around 12i
and made a new high, ex-dividend. at
i24%. Chandler got up to 75A. but the
interest in that stock was not as great
as was that in Studebaker. General
Motors was traded in moderately at
fractional advance. In the curb REQ,
Hudson and Daniels all worked higher.
The continued bullish reports from the
motor industry could not but work TO
the advantage of the stocks marketwise.
With leading organs of the industry
setting forth boldly that present ca
pacity operations would continue well
into July and that May production
would be the largest in the industry's s
history with little. IL any. decline in
June. it was to be expected that the mo-
tors would be taken in hand by the
fraternity even Il the news was to be
disregarded by the public. Indications
based on reports from commission
houses. however. are that the public
did not ignore that news and that the
public was among the big buyers OF
motor shares.
The New York herald., 1922-05-27
Market Moves Up Sharply.

The general list entered yesterday
new high ground in many instances and
all through the day there was evidence
Of buying. which augured trouble for
the shorts. In fact. according to re-
ports from the floor. many operators
for the decline hastened to switch their
position or at least to cover ouststand-
ing commitments before the rally had
Gone far. 1t was buying from that
quarter that helped the upward move
to such an extreme degree in GER
tain cases, such as Lake Erie and
Western National Enameling, Coca
Cola and others, in which heavy short
interest had been built up in the last
two or three weeks on the theory that
they were plenty high enough. OPP
timism was more general in the finan-
cial district at the close than it had
been at any time for a fortnight and
in many commission houses. from which
letters predicting a continuation of the
slump were sent out at the opening, a
complete reversal of opinion was ac-
complished before important damage
rad been done.
The New York herald., 1922-05-27
TOPICS OF WALL STREET.
New England Rate Decision.

New Haven was yesterday strong
feature of the rail stocks. with reference
10 which the announcement OF the Fed
eral Courts decision on rate divisions
was the days most important news.
The trunk lines application for an In
junction restraining the Interstate Com
merce Commission from enforcing its
order for Is per cent. increase in the
New England carriers share In revenues
from freight interchanged with the
trunk lines was denied. 1t Is highly
probable that the trunk lines will ap-
peal TO the United States Supreme Court.
In that event II Is believed that although
the trunk lines case has certain legal
merit the higher court would follow the
apparent course of the lower tribunal
and decide the Issue In favor Of the New
England carriers on practical grounds.
The commissions order has the effect
of increasing the New Haven's revenues
between s3,50O0O0 and s4.OOo.Ooo. II the
order be sustained. the resulting effect
in earnings would begin to show In the
roads June statement of operating re-
suits.
The New York herald., 1922-05-27
RAILROAD HEADS TO
DISCUSS RATE CUT
Loree Summons Eastern Presi-
dents Conference to Meet
on Monday.

L. p. Loree. president of the Della
ware and Hudson Company and chair
man of the Eastern Presidents Con-
ference. in which all railroads north OF
the Ohio River and east of the A1issis-
slppi River are represented, has called
a special meeting of the latter oreani-
zation to be held on Monday for con-
slderation of the Interstate Commerce
Commissions decision calling for gen.
eral freight rate reduction of 10 per
cent
In the meeting the railroad executives
of the Eastern territory will exchange
views concerning the amount OF the loss
in freight revenues resulting from the
rate reduction and probably decide
whether or not the carriers that they
represent will effect voluntarily the
cuts without waiting for formal issu-
ance OF the Interstate Commerce Com
missions order. The commission re-
quested the railroad executives to file
their answer on the issue on or before
May 81. 1922.
In advance OF Mondays meeting,
which is to be held in the Metropolitan
Club. several railroad executives have
declined to voice for publication the
conclusions at which they are arriving
as a result of examination of the COM
missions official copy Of its decision.
The guess that the roads would accept
voluntarily the rate reductions was
hazarded yesterday in more than one
quarter of Wall Street 1t is under
stood that organizations of railroad ex-
ecutives in the Western and Southern
territories corresponding to the East
ern Presidents Conference in the East
will hold meetings OF similar purpose.
Traffic officials of the carriers of the
Eastern section held yesterday an all
day session in the conference rooms
of the Trunk Line Association and dis
cussed plans for drawing up new tariffs
CARRYING the rate reductions decided on
by the commission.
Recent statements by many railroad
executives have shown that their atti-
tude toward rate cuts hinges almost
entirely on the issue OF applications for
compensating wage reductions now pend
ing before the Railroad Labor Board
in Chicago. When these applications for
10 per cent. wage reduction We're
filed, IL was estimated that, IL granted
in full, they would pare the carriers
annual payroll down between $500 000o.-
600 and $40o, 10000. Wage reductions In
the latter amount are considered neces-
sary by railroad men IL impending rate
reductions and cuts on rates for agri-
cultural products effected In January
are to be offset entirely through pay
cuts On the other hand Il is pointed
out that final settlement of the coal
strike probably will result in a revision
OF miners wages and working rules.
which will reduce substantially the
country's steam railroads annual fuel
bill.
Unofficial reports circulated In the
financial community yesterday said
that the Railroad Labor Boards de-
cision covering maintenance -of way
and track laborers. to be announced
in a day or two, would call for reduc-
tions of $50, 900 coo annually.
The New York herald., 1922-05-27
Body Stocks Also Improve.

Along with the automobile issues.
body manufacturing company stocks
got under way yesterday. Mullins Body
moved up to s2N on rather heavy buying
and Ohio Body and Blower sold as high
as 12ih on a turnover of almost ESQ
shares-big trading for that stock Mar
tin Parry also advanced easily, making
high of 3i1s. All OF those companies
are doing an excellent business and
some of them record business. In
connection with the Martin Parry
move, it was learned that the COM
pany has closed contract for lumber
covering a period of five years insur-
ing an adequate supply at advantageous
figures. The company is installing body
branches throughout the country. the
total amounting to sixteen.
The New York herald., 1922-05-27
Railroad Traffic In May.

Indications that the railroads May
earnings, at least those OF the large
granger systems. will run ahead of
those Of May. 1921. are afforded by
current reports of cars loaded with
revenue freight. st. Pauls loadings in
the, first three weeks were 1871 per
cnt. more than those of the correspond
ing three weeks of 1921, and the Iili-
nois Central's showed an increase of
14.9 per cent. The Burlington's load
ings of 9S.41s cars represented an in
crease Of III per cent compared with
those of the first twehty-one days OF
May. 1921. The Burlington's report
showed a decrease OF S4.2 per cent in
coal loadings. a 51.f per cent. increase
in those of grain. a 30.4 per cent. gain
in those of miscellaneous freight, and
an increase of 1876 per cent. in live
stock loadings.
The New York herald., 1922-05-27
Call Money Firmcr.

The call money market gave yester-
day another puzzling exhibition. when
the rate opened and renewed at 3is
per cent. and then advanced by stages
to 5. at which It closed. No explana-
ton for the furry was found in money
rates Earlier in the week there was a
similar occurrence. but, as funds for
lending on call were plentiful immedi-
etely afterward. forcing the rate down
again. II was thought to be due to a
condition that had been quickly correct
ed. The time money market continued
unchanged, short term loans being
made at and long term ones at AZ.
The New York herald., 1922-05-27
EARNED LESS IN LAST QUARTER

The California Petroleum Corpora
tion's earnings for the first quarter of
this year were slightly below those of
the first quarter OF 1921. The corpora
ton reports a surplus ce $40 after
charges, depreciation, depletion and Fed
erai taxes. or s2.6i n share earned on
the s14s77.005 of It's common stock after
preferred stock dividends. Those fig
ures contrast with surplus of s73e. .72S or
s3.72 n share in the corresponding pc
riod of 1921. The concerns gross earn
ings were s2.017.3S5 against s1,1ss.13.
The New York herald., 1922-05-27
HYdrnnlic Steel.

The quick and unexpected move in
the Hydraulic Steel Company's shares
yesterday followed a report, confirmed
by director of the United Alloy Steel
Corporation. that that company was
negotiating with the Hydraulic for the
purchase Of It's Canton, Ohio. plant.
which has proven very Improbable to
its owner and Is understood TO have
been idle for longer than a year. Dur
ing that time II has been nothing pur
an expense to the corporation and its
sale would be OF real benefit to the
company, according to those familiar
with its affairs.
The New York herald., 1922-05-27
international Great Northern.

Plans for the reorganization OF the
international Great Northern Railroad
will be outlined in a letter TO be sent to
its stockholders soon, IL was announced
yesterday at the offices Of Speyer & Co.,
heading the banking syndicate. The
plan is said 20 comprehend The exchange
of new securities for the company's
funded debt and putting I'm $4,000. 900
or S15.000,000 in new money which. ~
is said, may be raised by assessment OF
the stockholders. A Texas state COM
mission recently fixed the, roads valua-
ton at about $40, 900, 900
The New York herald., 1922-05-27
Tobacco Merger Talk.

A report concerning a tobacco merger
said TO be pending is that the Tobacco
Products Corporation Is negotiating for
control OF the Mcdonald Tobacco Com
pany. a big Canadian concern, which
will give Tobacco Products a wide mar
ket north Of the border.
The New York herald., 1922-05-27
MEXICAN BANKERS COMING.

VERA CRUZ, Mexico. May ga COM
mission of six members named by the
Secretary of the Treasury to assist in
the negotiations at New York between
Secretary de la Huerta and United
States bankers sailed on the steamer
Mexico for New York last night. This
commission. which is of n consultative
character, is composed OF DR.. Manuel
de la Pena, DR.. Joaquin Santaella.
Pedro Gomez. Jesus Icaza, Angel Bel
gade and Jose Ruvalacada.
The New York herald., 1922-05-27
TO DEVELOP PALMERo PORT.

Leonard Kennedy & Co. have acquired
large interest in the Societa Anonina
Italiana Macarthur. which has large
contracts from the italian Government
for the development of port works at
Palermo. The King Of Italy will be
present at ceremonies which will start
the work on June 8.
The New York herald., 1922-05-27
MONEY MARKET.

FRIDAY. MAY 20.
Renewals. gklLast. ............ 8
faw... i0gh h'..'.......... Iysar,s ins h,sn
TINE LOANS.
Mixed coliaterals. 90 TO 30 DAYS. 49,. AZ
Mixed coilaterals. 4 to months..... AZ @4i5
Industrials, 60 to 80 days. Az
Industrials. 4 to months. ......... 4h1D4I3
COMMERCIAL PAPER.
Best names, 4 to months. ...... 4K14n
DISCOUNT RATE. RESERVE BANK.
Commercial paper, s15 days. AZ; 90 to 90
days, AZ; Liberty bonds and Victory notes
- days. ~; 10 to o. 90 days; ~; bankers
sFixed November 2. Previous rate, 3,
fixed September 2f.
OPEN MARKET RATES.
Call loans and acceptances. ............ az
ances eligible for purchase by Federal Re-
Bid. Ask. Bid. Ask.
"a days. ..... 81. 3Sll2o days. sz 81
CLEARING HOUSE STATEMENT.
Clearing House exchanges, sG65 200, 900 ;
balances, s64 600 900; Federal Reserve credit
balances. $48. .200, 900.
SILVER MARKET.
Official bar silver In New York, domestic
pgkc., unchanged; foreign, 72nc., UNCHANGED !;
London, 38ssd., unchanged; Mexican dollars,
b5ikc. unchanged.
Range OF silver prices this year:
Highest. Lowest.
London ....... 31xd.. May q 02Md.. Feb. 2s
New York;. 73Nc.. May - 52%c.. Feb. 2s
The New York herald., 1922-05-27
Ex DIVIDEND TABLE.
DIVIDENDS.

Stock OF Pay
Record. able.
Boston Albany. a., ~ 90. May 81 June 5V
Buffalo 4 Susquehanna X. r. 40
3. A.. pf, 2et.............. June 10 June SV
ixS ....,......I June IS June 30
WIN. Cramp & Sons, a., 81. June 10 June 30
Hart, Schaffner & Marx a., a.
pf., Si.75..............-....J june June ~
Lehigh Valley Coal Sales Co.. -
a., ~. x2....s...s..s..ssss ..s.Juhe ~ Juiy
Liggett Myers Tobacco Co., -
a., pf.. S1.fo.. ........ ...'.s.Juhe 10 Ju'y
~ si * ....... :. June 20 July l
Ohio on Co a. s125...... May 81 June 30
Obio on Co extra Tac..... May 81 June 30
Parke Davis Co., a., 81 June ~ June 50
Parke Davis Co. extra, slJune ~ June oV
n ......................Ju June 10 July 1
s %. OF kentucky. O.. ST.. Juno IS July
Tonopah Extension Mining
Co, o., bc....s... june ~ Juiy
United Dyewood Corp. a.
$3.50 ........s........... ..'.Juhe 10 july
The New York herald., 1922-05-27
SOUTH AMERICA.

New York funds In Montreal. ep.3s pre-
MUM 81 900: Montreal funds 81 rev Yors.
g.2S discount q 81 900.
The New York herald., 1922-05-27
NEW YORK STOCK EXCHANGE QUOTATIONS.
MAYs s1rs
FRIDAY. MAY 26. 1929.

ear to date. .................... 112.sii. .aa5
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1922-10-20
Still on Outsider.

Long, dlned at my fiancee's home
yesterday.
Short suppose they regard you
as one OF the family by now, don't
they?
"Not exactly, They haven't reached
the point where they shrek at me II
] make spot on the tablecloth."-
london Answers.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1922-10-20
Some People Are Born Lucky.

North-Dld you enjoy the banquet
Wcst-very much. wasn't hungry
anyway and telegram called me
away Just as the speeches started
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1922-10-20
II Isn,t Worth Il.

The only way to attain perfection Is
to follow all the advice you give to
others .ts.p. !
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1922-10-20

WOMEN'S BUNGALOW APRONS
Large or small sizes, made Of fine quail
ity fast colored percales, in tie-bacl, elias
tic waist or beltcd models; lot OF Coz
rs dozen just received ..... Wv
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1922-10-20

REGAL DANCE RECORDS
New, perfect, double faced 1O-inch rec
ords, featuring the latest dance and song
hits. Come in and hear them played. You
will like thine equally as well as AOo
! the better makes. fOC
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1922-10-20

Our Millinery Section offers
these charming Velvet Hats at
q remarkable low price The
matron as well as the m IS can
DE sure Of making a good selec-
tion from this special assert.
ment.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-02-04
\ Va 7 RED


be very hot when put in, then reduced
to medium heat
Nut Bread.
Take four cups gifted bread -four.
one cup chopped nut meats, one-fourth
cup sugar. four teaspoons baking
powder two teaspoons salt, two cups
sweet milk. two eggs, three table
spoons oil or melted lard. Method:
Mix all dry ingredients together. Beat
eggs together light and mix with milk,
pour into the -four and beat smooth.
Put into creased pans, let stand 20
minutes, bake in moderate oven Is
minutes or until done. The baking
depends on the thickness of the loaf.
1t should be baked the same as loaf
bread. Some think to let the mixture
stand 20 minutes before baking inn
proves it. Try both ways. II pastry
-four Is used it will require four and
half cups Either may be used. II
baking in gas or electric oven, place
rack about center of oven. and bake
the nut bread there. II black walnuts
or pecans are used no oil is required.
Half milk and half water may be used
with success instead Of all milk
Popovers.
Take one cup -four. seyen-eighths
cup sweet milk, one teaspoon melted
butter, one-fourth teaspoon salt and
two eggs. Method: Beat eggs fogeth-
er light. add half OF the milk, -four.
salt and batter. Beat to remove the
Jumps. add the remaining portion OF
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-02-04

milk; this gives a very thin batter.
Grease popoyer pans and I'LL half full.
Place in slow oven, bake for 80 min
utes-then increase heat to hot oven,
cntinue baking for ten minutes or IN
til pulled. brown and crisp. Muffin
pans may be used II they are deep
enough.
Mrs. Thompson's Eggless Pudding.
Take one cup raisins. one cup &C"
sugar, one cup water, two and half
cups -four, half teaspoon soda, two
teaspoons baking powder, one tea
spoon cinnamon, one-fourth teaspoon
salt, butter or substitute. size Of an
egg. Method: Put raisins, shortening,
sugar and water together and boil for
FIVE minutes Cool, sift soda. baking
powder. salt and spices into -four, add
to the mixture. Mix we'll and smooth.
Put into a creased pan, bake in mod
crate oven 80 to 45 minutes, serve with
foamy sauce or any special kind liked.
Foamy Sauce.
Take one cup sweet milk, one cup
sugar. one tablespoon butter, one egg
white, one tablespoon of sugar resery-
ed from the cupful. half q teaspoon
vanilla, half teaspoon lemon extract.
Method: Put milk. sugar and butter
together and boil for five minutes.
Beat egg white stiff, add the tablespoon
Of sugar. Pour boiling milk over the
egg slowly. favor and serve at once
over the pudding.
Near Pound Cake.
Take pound of sugar, one pound Of
-four. half a pound Of butter, six eggs.
two teaspoons baking powder. one
scant cup Of sweet milk. Method
Make as you would pound cake. bak-
Ing about one and one-fourth hours.
This has taken several prizes for
pound cake. Can only be told by ex-
perts.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-02-04
The Simple Art Of Baking
BY Mrs. s. II. Dull.
Y " "

M FIND among my inquirers many
who seem to know little about
baking. Some of them think that
the only thing to do is to put the ar
ticle into the hot oven without any
thought as to the position. whether it
should so high or low in the oven, to be
properly cooked. Often no thought is
given as to whether the oven should
be kept very hot or a medium or slow
heat. The oven has several places
for the racks, to give just these diff
ferent heats. although / know many
folks never change them, do not even
know that they are changeahle.
Practical experience teaches you
these things. unless you are fortunate
enough TO attend really Worthwhile
cooking school where the instructor is
endeayoring to teach rather than dis.
play a lot of already beautifully made
dishes. If you can borrow the in
ssructor's experience instead OF taking
years to work il all out for yourself.
you had had better do so. for can
tell you things don't happen by magic.
Little do you know how many times
her pastry has failed or her pop
overs refused to pufS.
I have seen some people who thought
the little careful details which an ex-
perienced person would carefully OBJ
serve were foolishness. and when they
attempted to do the same thing in
careless way, would fail. Often times
the recipe or the teacher is blamed for
tho failure.
There are plenty OF places high up
in every line OF business but usually
they are filed by those who started at
tho bottom and know things from the
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-02-04

ground up. The same thing is true in
cooking and baking. and it Is well
worth while to put some thought into
your work, for you never know when
you are going to. need it.
When pastry is to be baked you
want to put it into very hot oven,
then reduce the heat to medium. To
have a hot oven first causes the air
cells to expand, this causes the pastry
to be light and hakey, then 1t con-
tinues to bake in a moderate oven un-
til 1t is crusty through and through,
but remains pretty light brown. II g.
hot oven had been used all the time, it
would have been impossible to have it
crisp without burning the top or
edges.
Now, when baking "popoyers" you
do just the opposite. You start with
a slow heat and at the last you have
1t very hot to cause them to puff. Do
I hear you say. How is body to
know all of this. This article is in
tended to help you just that way, so
you can learn how to bake your loaf
of bread in a moderate oven, your
meringue in slow one and your muf-
fms In hot one.
once had a lady ASH me how /
baked q whey custard, those that
looked curdled." / finally decided it
was cup custard she wanted and
those she had seen must have been
baked in too hot ovens and curdled,
while II they had been properly baked
in slow oven or in pan Of water
(Which makes slow oven} they would
have been as smooth as mold Of gel
atine.
find there are three degrees OF heat
for the usual family baking. hot, me-
dunn and slow. The first we use for
biscuit. mullins. eggbread, cornmeal
sticks. layer cake. The oven should
be very hot when these articles are
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-02-04

put in and kept hot until done, except
for the layer cakes. I succeed best by
allowing the layers to rise with the
heating of the oven, by the time the
oven is hot item minutes IL gas is
used) the cake has risen. Then 1t be-
gins to cook and brown and the layer
IS level, while if the layers are put
into hot oven they are apt TO come
to hill In the center. Light bread,
rolls, potatoes. puddings, scalloped
dishes, pastry, pies, meat. pies, roasts.
chickens. turkeys, wafdes. baked ap-
pies. or any baked fruit; in fact, the
greater part of our baking is done with
a medium oven.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-02-04
Cheese straws.

Take two cups of -four, one cup graf
ed cheese, butter the size of an egg,
one teaspoon salt, one-eighth tea
spoon cayenne pepper; ice cold water
to make very stiff dry dough.
Method: Mix salt, pepper and butter
into the -four, add cheese and mix
with the ice water. Cover and place in
ice box for 80 minutes, roll out, fold
and roll again. Repeat this four times.
Roll out to one-fourth thickness,
cut in quarterback strip about four
inches long, place on baking sheet and
bake IN moderate oven until a light.
crisp bown.
Sometimes cut small biscuit about
as large as half dollar and bake as
crackers or waters. The oven should
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-02-04
er Without Carbon Paper. See Instructions Below.
mt and Exclusive Design Each Week Which You Can Transfer Who

eoaps raD n moist
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