davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-07-09
Improved Rail Outlook

Although the shopmen's strike Is q
disturbing factor IN the railroad situa-
ton there are other factors which
probably form tho basis for the
strength in rail shares last week.
Among these may be mentioned the
fact that May earnings were largely
in excess Of previous estimates, car
loadlngs 10 rthe last two weeks OF
June were the largest for any similar
period since the peak Of the fall load
lng movement IN the fall Of l92oi rate
cuts effective July arc practically Of
set By the wage reductions so that any
further increase IN traffic should be
reflected in earnings. The shopmens
strike does not promise 70 be Of long
duration and there ere indications that
the coal strike will be settled before
many weeks. With the prospect OF ex-
cellent crops in the fall there seems
10 be good reason for the present
optimism over the rail shares.
New-York tribune., 1922-07-09
Salt Water In the Mexican Fields

The appearance Of salt water IN sew
.rsl wells Of the Cerro Azul-Toteeo
field OF Mexico last week receives the
following comment IN the weekly re-
view Of Carl II. PforzheImer Il Co,
specialists In oil stocks; This pool has
recently been producing approximately
$50, 900 barrels daily, supplying tho
bulk Of the present Mexican produe;;
ton. Up until July 1, 1922, the total
output OF Cerro Azul-Toteco amounted
10 over l6O,OOO,0O0 barrels. Notwith-
standing tho appearance OF salt water
in some OF the wells the held may
continue 10 produce considerable quan.
titles OF oil for some time, but the salt
water intrusion is an indication Of tne
gradual exhaustion Of the pool. This
fs the principal field Of Mexico, and
With It's decline the total Mexican out
nut "a likely 20 fall Of. There are
apparently other undeveloped fields In
that country, but the indications are
that n Mexico Is 20 continue an I'm
portant factor in production Of petro-
leun exploration work In new terri
tory will have 10 bo conducted on
largo scale"
New-York tribune., 1922-07-09
Steel Makers
Watch Strike
Development
Labor Troubles In MIN.
end on Railroads HoIdI,,
Back Surge Of Actiyih
Awaiting Industrial Pea y
sp.otaI DsspaieA . Th. rrt....

PITTSBURGH, July 18th. ,,..,.
dustry during the week Just .nd.s =
stood watching the dsyslopm.,, J,
events In the coal and railroad .,,
as one Of the most interested p,,'.'
With the steel business r.sdy % o.
ahead into full time and espael,, y
restrained BY labor difficulties N s.,..
fields, the outeoms Of these ~. =,
disputes is Of vital interest 10 N. -,
manufacturers. Many mill, Ar, =.
operating at full capacity. and "A a.
eases there Is a sharp shor.av. -,
Dor. Demand for steel pyoS,,.. =
tending constantly upward asI =, :
appear % be fairy well ,,sst ~
throughout. Difficulties a. "a e.,i .sii.as ~.
ply and transportation ars tb. - =,
factors now holding back A 80. , w
activity IN the steel lndustrv
would soon bring sgals -, 49, ,
similar 70 those Immediately foljowi.. ,.,G
the war. ''''V"'nf
More stabilized eondl,lor, 49,,
parent In the steel mark., "a
are showing some rsspons. o.
the principal Ashonlng vsn.J ia.
pendents, for instance, which rr.ll-
ed a 1870 price on shss. bat \,
August and September, has .Yss,is
the t35 quotation 70 apply throuTh A.
gust Non-integrsted sheet nai,,
compelled % purcase their shss, d.
requirements on the market bsu,.
they will be aba 70 cover on n5
needs through the quarter at this q
ure.
Capacity Is being occupied iror 4
20 90 per cent, a. rule. Shortae, Z
hot mill workers likewise IL shs,,.,
oA sheet production 20 some srts,,
One interest, which last week sei,L
uled fifteen sheet mills, was eonpsga
90 reduce the number 20 twelve b.,,-
the end Of the week because Of ssst
age Of men.
Continuance Of the coal strik. a d,
only thing that stands IN the vIy Z
increased steel production durirz d,
last half Of the year, according % lsaL
ing steel manufacturers. A. The rfs,.
ent time there are several nsrcb,s
furnaces that are ready % blow n Ia
as soon as they have assuranes cl ,
supply Of coke. One fBrnacs va, p,s.
pairing 20 start In June, b.. he EIzi
cost Of coke caused a pos.ponsm.rt
The price asked for delivery Q. ,oks q
the furnace, together With The irsls.t
was close 20 $40 a ton. With plg he,
selling around s25 a ton the eo-;rg
concluded that IL would haysh "
iron at a loss.
The most important dsTelopnsr, h
industrial circles the past vsst q ~
nouneement that the Youngstosr Sc
Co., has commenced erection oi "
iron plant a. Warren, o., tie lfos =
be puddled By a mechanical Dstilu
The process promises % rsyolusss.n
this branch Of the Industry.
Tho automatic pudding miskina =
be used is the new invention Of z Z
Ford, for many years pronlssn,lT
identified with the iron and s.<sl u,
dastry the Mahoning Waller. "
Ford is director Of tie Younu.svi
Sheet & Tube company and 4 nsrsd
OF the executive eomnittss Of the Bra
Hill Steel Co.
New-York tribune., 1922-07-09
Bid and Asked

Following are the closing BID snl
asked quotations Of stocks listed on ~
Stock Exchange IN which there wen
no transactions yestsrdayi
New-York tribune., 1922-07-09
What's Behind
Active Stocks
40-Endicott- Johnson

The Endieott-Johnson Corpors-
tion returned TO a 100 per cent basis
Of production sooner than almost
any other large corporation whose
stock Is listed on the New York
Stock Exchange At the present
time its plants are going At full
capacity, turning out $4,000 pairs
Of shoes daily. Although ineor-
porated In It's present form only three
years ago the Endicott,Joh ohnson's
component companies are among
the Oldest shoe manufacturer In
the country. The company has sie,-
eoo,s26 Of common stock and ti4,-
100000 Of per cent cumulative
preferred outstanding. There Is no
funded debt Plants and otksr
properties we're carried at si8,77s,-
900 on December 81, 1921. On that
date net assets applicable 70 the
common stock were equal 20 $l7.s9
a share Of $50 par value. This
figure Is arrived at after deducting
the sT,o00,o good will item and
allowing si2b a share for the pro-
ferred. Current assets exceeded
current liabilities by $4,000 900.
The company reported net income
Of f4.e66,0o0, or 1890 per cent on
the common stock In 1921, s3,242,-
900 In 1920 after writing OF $780,
600 for inventory losses. and $685.
600 In 1919. The common stock re-
eeived 10 per cent-the current
dividend rate--in 1921, IL per cent
In 1920 and 81 per cent In 1919.
Range Of stocks since Incorporation
High, $50 In 1916 low, ~, In 1920
Yesterdays close, 80.
New-York tribune., 1922-07-09
Wage and Rate Reductions

According 10 hgures prepared for the
OF Railway Executives
total rate reductions put into effect on
the railroads Of the country since July
/, 1921, have amounted 20 about $780,
COO 900, compared with wage cuts
within the same period Of approximate
ly s4s6, 900, 900. Previous 70 the Inter
state Commerce Commission's order OF
May rs, reducing rates, the railroads
had voluntarily put into effect redue-
tions totaling about $500 100000 since
July Al Of last year. In 1921 the
Labor Board ordered wage cuts, In
eludlng those 10 train service en-
ployees, of about IL per cent
New-York tribune., 1922-07-09
Bank Surplus Rises

The shifting Of funds from this cen
ter to the interior, lately in progress,
Is reflected In a s9s,46e,oo0 decline in
net demand deposits shown by the
weekly statement Of the Clearing
House banks, issued yesterday. This
loss was partly Offset BY an Increase
Of 100000 In time deposits, govern
msnt deposits being reported a: Sslc
of Of deposits. loans, discounts and
investments dropped s4sS60,00o. The
net result Of the changes was an in
bringing the surplus up to tS7,sc7, 400.
New-York tribune., 1922-07-09
Stablllzlng OIL Pnons

The policy Of stabilizstion Of crude
oil prices IN the United States IN the
face Of continued large production and
imports, In the opinion Of the we'll
informed observers. has apparently
been based on the conviction that
Mexican production would show .
sharp falling OF some time this year
and that this would be followed by an
excess Of consumption over domestic
production and imports. This attitude
has been reflected In the continued
action of the leading companies in ae-
curing large reserves Of oil and prop
critics not only in the United States
but in foreign fields.
New-York tribune., 1922-07-09
In Wall Street


Truck sales Of tho White Motor COM
pany for the second quarter Of 1922
showed an increase Of 40 per cent over
the first three months OF the year and
% per cent over the second quarter
Of 1921, according 10 an announcement
yesterday. June, II was stated, was
tho best month since September, 1920.
The company has cash on hand amount
ing TO t2b00,000 with notes payable
reduced 10 81, 100000 and no eustomerS
paper discounted Production IA boing
gradually increased 20 meet demand
and BY October 20 be on yearly
basis Of 10000 trucks or more.
O. a wa Dividend Prospects.
It has been the custom OF directors
OF the New York, Ontario 4 Western
Railway 10 declare the dividend In the
early summer but as The summer Is
advancing there Is considerable specu-
lation ns 70 when action will be taken.
Delay In settling the roads claims with
the Government last year caused do
lay until October. Among the lnfu-
ences that have delayed action this
year are the coal strike, which caused
a net deficit for the first half year
heavy rains involving losses last
month, and tho shopmen's strike Is eE-
pectod 20 cause further delay. DiH-
dend payment for 1922 depends on
earnings from now on.
New-York tribune., 1922-07-09
n q wa Dividend Prospects.
General Motors omeisIs Sail

Among the passengers on the hsjes-
tic, which sailed yesterday, were John
J. Rsskob, chairman Of the finance
committee Of the General Motors Cor.
poratlon, and A. II. Swayne, financial
vice-prosldent- Mr.. Raskob will visit
London and Paris and Mr. Swayne will,
in addition, 20 70 Germany and Aus
tria. Although their trip Is In the
nature Of a vacation they will also LOOK
after interests Of General Motors In
Great Britain and on tho Continent
New-York tribune., 1922-07-09
Artificial Leather I'm Japan

Medium qualities Of artificial laather
In 40-yard rolls, SO inches wide, in
black, gray, green, white and yellow
are preferred by the japanese market,
according TO a report from Acting
Commercial Attache Butts, Toxic. Jap
anese imports Of artificial leather dur
ing tho last three years show the
United States supplied the largest per-
eentaga
New-York tribune., 1922-07-09
THE AMERICAS
London Money Market

LONDON. July s-BAr rold v,,
quoted at s3s. Money was loaned AZ
IL per cent Discount rate. vere.
Short bills, 297h per cent; three
months bills. az per cant
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
TRUNK ROAD WORK
WELL UNDER WAY

Work on the six-mile unit of the
Mount Hood Loop Highway just south
of the city is now we'll under way.
The Webster Construction Co. has so
men at work. A steam shovel has
been put into commission, and by use
of dump cars and a short rail line,
earth from excavations will be hauled
to heavy FIJI that must be made
where the new road intersects the Co
lumbia River Highway. The FIJI will
require 5000 yards of material.
A spur rail line was extended from
the O.-W. r. & N. tracks to the point
where the heavy excavation has been
started. The big steam shovel was
transported to its point of attack over
the rails. For three miles the new
grade is heavy construction. Crews
have already slashed the sides of the
Hood River gorge, and rock men have
prepared numerous holes for blasting.
Travel between the city and East Side
grade IS being detoured over the first
wagon road opened in. pioneer times.
Contractors who have the award for
constructing a l2-mile unit of the road
just north of the bounds of the Oregon
National Forest, have made camp and
are assembling equipment. The long
unit is comparatively easy construc-
tion.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
MRS. FRANK CHANDLER
DIES In WALLA WALLA

On receipt of news Monday Of the
death at Walla Walla, Wash, Sunday
of Mrs. Frank Chandler. early day pio-
neer of the valley, the Hood River
Chapter of the Eastern Star. tele-
graphed to the chapter at the eastern
Washington city TO take charge Of fu-
neral services held there Tuesday af-
ternoon. Mrs. Chandler. who moved
with her husband, who survives. to
Walla Walla last year, succumbed to
complications following an attack Of
influenza.
News Of Mrs Chambers death,
reaching Hood River through a letter
TO Z. 0. Blanchar from Geo. w. Dim
mick. former local man. brought a
severe shock 10 many local friends.
MANY families will hear Of her
death with sincerest grief" said Mrs.
Phoebe Morse, an old friend. Il do
not think there is q pioneer home in
which she has not visited TO administer
in time Of sickness or distress. She
will be missed.
Mrs. Chandler. who is also survived
by a son, William ID. Chandler. over
seas war veteran. came 10 the valley
with her husband from Nebraska a
wears ago. They first settled on a
West Side orchard place. Mr.. Chand-
Ter for a time was engaged in the
mercantile business here.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
M0SIER MAN LIVES
AFTER 3OO-FOOT FALL

Those who have viewed the wreck Of
an automobile driven over bluff of
the Highway between here and Mosier
Wednesday night of last week by
Wheeler Clark, member of the Office
force at the Mosier O.-W. r. & N.
station, declare il a miracle that the
young man came out of the wreck
alive. At the point where the ear left
the road, the bluff drops for 300 feet
almost sheer. Young Clark's injuries
are limited to few uncomfortable
body bruises and bad bump on his
head.
The young man, who says his ma
chine was catapulted into the abyss
when a front wheel struck a fallen
boulder, disengaged himself from the
car after it had turned over two OF
three times. He continued, however,
to roll down the cliffside. until stopped
by a growth of bushes on jutting
ledge. Here he was knocked uncon-
scious when large stone struck him
on the head.
Near the same point year before last
another Moiser young man, G. Bailey.
Bailey, plunged over the cliff and es-
capped serious injury.
When Mr.. Clark recovered conscious
ness he was lying on an automobile
robe from his car. The robe was un-
der him as though it had been spread
out purposely for him.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
Legion and Auxiliary Meet

A joint frolic Of the American Le-
gi0n Post and the Women's Auxiliary
was held at the Oriental Cafe last
night The Organizations chartered
the big cafe for the entire evening.
Dancing and cards were participated
In.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
HOOD RIVER
| WILL CLOSE
CLIMB UP OF LEGION TO BE AIDED
Stores Will Close on Saturday Before
Annual Ascent Of Mount Hood
Many to Participate

Hood River will be closed town on
the Saturday before the second annual
Mount Hood Climb Up of the local
Post of the American Legion. Mem
bers of the Post committee in charge
of the recreational event, in which it
is anticipated that a new record for
any one ascent of the famed snow peak
will be made, have conferred with
local merchants, and all have agreed
to closing for the day.
"We plan," says Kent Shoemaker,
chairman of the committee in charge
of the Legion climb, "on leaving Hood
River early Saturday morning for the
camp. Everybody will be expected to
take lunch at the camp on Saturday
noon, and we will have a portion Of
our program in the afternoon. We
expect to have early dinner and an
evening program. The camp will be
patrolled by military guard. and no.
body will be allowed to come in after
eight O'Clock. We propose to make it
possible for the climbers to get to bed
early and get good nights sleep.
Last year late arrivals were getting in
at all hours of the night and made it
impossible for any of us to get any
sleep. We will need all the rest we
can get for the strenuous ascent.
Addresses will be delivered at the
campfire sessions of the climbers by
Governor 0lcott. Mayor Baker. Frank
Branch Riley and Lane Goo1ell, state
commander of the Legion. Partici-
pants in the climb are expected from
number of eastern cities.
July 16 in the date set for the
climb. The event, however. as a re-
suit of the unusually heavy accumula-
tion of snow in the high forested area,
may have to be postponed.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
APPLE GROWING COSTS
LESS THIS SEASON

The cost of producing a box of ap-
Piles will show a material decrease the
coming season over last year when the
drop from the year before, character
lied by wartime imitation was very
heavy. Last year boxes cost around
10 cents apiece. This season growers
are buying boxes for l3 cents. The
cost of paper. used in wrapping fruit,
shows a decline of a cent pound in
price this year over last. Slight de-
creases are shown in the prices Of
spray materials and fertilizers. The
labor cost this year will be less.
While an average of nearly 40 cents an
hour was maintained last year, grow
ers are able to secure labor this year
for 80 cents an hour.
Harvest help this season will be
plentiful, according to shipping con
Germs. Although the strawberry har-
vest will not begin until about the sec
ond week in June. inquiries are begin
ming to pour in 10 the Commercial
Club. Orchard help has been more
plentiful here this spring than any
time since 1915.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
HIGHWAY BLOCKED
BY PAVING CREWS

The Columbia River Highway will
be blocked again for several months
as the result Of paving operations, re-
sumed Monday morning near Rowens,
about nine miles west Of The Dalles.
A four mile gep in the paving remains
to be closed. Most Of this is over RO-
wena point, the eminence carrying the
highway in much the same manner as
IL runs over Crown Point.
A regular schedule when cars may
pass the barricades has been arranged
The highway will be open after 4 y.
m. and until z a. m. and will be opened
for IS minutes between 10 and 10. Is
and from u to 1890 p. "a.
At other times automobilists viii be
required 10 use the seven-mile hill de-
tour out Of Mosier. This is the old
route. passsble but somewhat rough.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
DIR. MACRUM ADVISES
TERMINAL STORAGE

The development of adequate cold
storage terminals on Portland docks,
according to DIR. G. A. Macrum, pres
dent of the Mosier Fruitgrowers AS
sociation, will ultimately result in the
marketing of heavy tonnage of mid
Columbia cherries and other small
fruits in European markets.
IF we can just get these cold stor-
age facilities. " says DR.. Macrum, 1--WE
can ship our cherries, peaches, april
cots, prunes and frozen fresh berries
directly by boat to the big European
markets. Our pears have been mar
keted in a limited way in England, but
development of the water service
will enable US to do a great deal more
in this form of marketing. Our Ore
gon cherries, which, according to
United States horticultural experts,
are the best of their kind produced
anywhere would create a sensation
abroad. Development of cold storage
facilities and making the most of
water shipments would result in a
wide distribution of our fruit products
at handsome returns, ] believe.
I'm my opinion the opportunities in
frozen fresh berries, shipment of
which has been developed by Robert
Ireland. of Portland, are unlimited.
Mr.. Ireland through experiments found
that frozen berries, packed in five
gallon cans, can be dispatched to any
part of the nation. They can also be
shipped to Europe direct by water"
DIR. Macrum says the construction of
large terminal storage plants in Port
land will work an economy for grow
eTs of small districts tributary to the
port. He cites that il will eliminate
number of inefficient small plants by
providing .One well managed. 1t will
aid the growers of the smaller district,
who, he says, can better afford to pay
storage costs than to proceed with the
heavy expense of building cold stor-
age plant of their own.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
BABY BOY KILLED
LOCOMOTIVE

Funeral services we're held st the
Anderson chapel az Z O'Clock Tuesday
for 20-months old William Sunday. son
Of Mr.. and Mrs. Charles v. sunday.
who was instantly killed Monday sitter
noe, when bis head was crushed By The
driving shaft Of a freight locomotive
on the O.-W. r. a. n. track. Rev.
Gabriel Sykes oficiated. The family
lives near the rail line at sonny and
the child had become 60 familiar with
passing trains ns not % be frightened
at the approaching locomotive. Mem
bers Of the crew say that the child.
playing beside the track with other
youngsters. ran directly under the side
OF the big locomotive. holcinE % Its
little hands snd smiling. He darted
under the death dealing eccentric 90
suddenly that trainuen were unable %
avert the accident CT cry a waning
Coroner Sifton. who irFestrEzte1 tte
accident. decided that en- inquest Was
not necessary II addition O. tte par
ents i've older childrsn survive
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27

while to determine the reasonability of
the advance.
The increase in the rates would have
resulted from the cancellation of
through rates now in effect, which in
most cases are lower than combina-
tion or local or joint rates. The time
for the hearing has not yet been set.
Local apple shippers do not compre-
hend the announcement Of further
suspension of rail tariffs. 1t may re-
fer. it is said, to request of rail lines
to secure provisions that will enable
them to govern specifications for fruit
containers. Or, it is declared. it may
pertain to an appeal of rail lines for
abrogation of the standard tariff on
storage in transit, the rail lines seek
ing for the privilege of individual
tariffs.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
NORTH BANK HIGHWAY
CLOSED TO TRAFFIC

Louis Thun, commissioner Of Ska
mania county, Wash, here Sunday,
reported that crews of men are now
engaged on the Cooks grade unit of
the North Bank Highway have blocked
the route to motor traffic. The road
will be closed until about July /. Work
has been in progress for about two
weeks. and it had been planned TO
keep the road open on Sundays, Mr..
Thun stated, but contractors find that
it will be best to close the road entire
ly. -Four crews. aggregating 100 men.
are engaged on the road.
Fishermen wishing to reach the up
per Little White Salmon river. where
sport is said TO be very good, may
come by Hood River and take the ferry
to White Salmon. going thence by way
of the Northwestern power plant and
back down the White Salmon river to
Underwood, says Mr.. Thun.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
DAN WUILLE & co.
CLEAN UP FOR YEAR

Dan Wuille e. Co. report that they
have sold their entire tonnage of last
season, aggregating 400 cars, and that
final returns will be issued to growers
within the next two weeks. While the
company specializes in export Of New
towns and other varieties that are
favored by the English consumers,
they also handle much fruit on the
domestic market.
"0ur export sales this season, how
ever," says Walter r. Woolpert.
have been much more satisfactory
than domestic ssles. We have Just
received cable sdyices that the last
block Of export apples has been sold
and we expect final returns from En-
gland Immediately. All but about 10
cars Of our domestic sales have been
paid for.
The Hood River glacier. (Hood River, Or.) 1889-1933, 1922-04-27
APPLE RATE WILL
STAND TILL AUGUST

Increases in through rates on spples
from the north Pacific coast to eastern
consuming points. which would have
become effective April "a under rail-
road alterations in existing freight
schedules. were prevented last week
by the interstate commerce commits
sion, which ordered the railroad pro-
possls suspended until August q. An
investigation viii be instituted mean
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-01-14
Autos andA ccessories

REQ SALES AM SERVICE STA.
TIoN. New and used carr. Easy
payment plan. Franklin service
Call $751;. MOUNTAIN CITY
SERVICE STATION.