davidaulloa/AmericanStories huggingface dataset:
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-05-14
TREES WILL LINE
MINNESOTA ROAD
State Forestry Depart
ment Gets 10000 Ohio
Walnuts

ST PAUL, Minn-Plantiug trees
along Minnesota highways IS
well under way, following distribu-
tion of nearly 10000 black walnuts.
recently received by the state forest
ry department from Ohio. The wall
nuts are to be planted along high
ways in the southern part Of the
state, according to w. Il. Cox, state
forester.
The plans of the forestry depart
ment have changed somewhat, since
the launching Of the tree planting
program, due 10 the fact that the
demand for trees is greatly in excess
of the available supply.
The northern section Of the state
insists that trees along the highways
in the north are just as necessary as
in the southern part of the state
The walnuts are not hardy enough
according TO Mr.. Cox, to withstand
the hard winters of that section OF
the state and It will be necessary
for his department to decide on trees
to be used in that section.
Several suggestions have been
made for the northern end OF the
state but decision regarding the irees
10 be used will be postponed, ana II
is probable that no action Will ne
taken until next spring, when, MI
Cox said, his department will have
had an opportunity TO determine me
trees which arc best suited for the
northern part of the state.
The black walnuts cannot be sue,
cessfully grown in the northern enc
of Minnesota, Mr.. Cox said, and TOT
that reason, will he used exclusively
In the southern part.
Applications for trees are coming
from all sections Of the state IN sucn
numbers that forestry department
officials declare the campaign j.,
virtually running away with th'H'
The supply of Ohio walnuts Is IL"
hut exhausted, although the olIEIh'l
0,000 TO be used along hlgh"'Es,
arc thought to he more than 'o"''
be planted this year.
G. NJ, Babcock, state highway eo'.-
missioner. declared that the pan u
one OF the best ever started IN l"
tree planting line in Minnesota Hns
will add greatly to the beauties "'
the state.
The treess are to be planted IN
such manner that the roots VIII ivy
interfere with the drainage system
used along state highways. Nel'n',
will the trees be planted in sueh , a
manner as to collect the snow ]"
winter. ,,.s
Decision may he reached TO uso
two varieties of trees in the ho,,,,,,,
ern end of the state. In d!st'
where pine trees formed the sre"1,'5'
part of Minnesota's virgin lot 80, o,
the forestry department mas LIN
urged to line the highways N'''
Minnesota's best pine trees
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-05-14
Airpiane Ambulance
Soon TO BE Tested

DAYTON, Ohio.-An airplanc am
bulance, equipped with litters and
cockpits for physicians and nurses
soon is to be tested out at Wilbur
Wright field for the United States
army air service. The new aero
ambulance is said to be the last
word in construction Of that kind.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-05-14

years old, was born in Iowa. and
came to Miami with her mother,
whom she supports. Her husband,
j. W. Silloway, was in the Civil war,
and has been dead l6 years. They
were married at independence, Kan.
Mrs. Liza Franck. CD is 40 years
old, was born in Oswogo, Kan, was
married at Coffeyville 2S years ago,
and has three children.
Mrs. Minnie Tilcox, 90 Is &c years
old, was born at Lenepah, |. IT,,
married at H. and has two children.
Olive Tilcox, t5) is s years old,
was born at Delaware. Okla, and Is
a student in the grade school at
Miami
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-05-14

rows OF the second gallery went by
subscription for the mainoes, as well
az rs per cent OF the balcony and
So per cent Of the main floor. Sew
enty-nine per cent or 2,7Sl seats,
were sold for Saturday afternoon
performances in advance, leaving
725 available for late purchasers.
"The great demand for gallery
seats indicates that the purchasers
were persons OF modest means but
were real music lovers and consistant
patrons of tho opera" the associa-
tion's statement recites. "a large
majority of the gallery seat holders
We're young people-music and art
students and lovers of good music.
The foreign born also always were
in attendance In large numbers. AS
a rule they bought the lower priced
seats and attended the opera often."
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-05-14

The federal government Is 10
vocational training, without ooS, nro.
l00,0O0 disabled eX-serrlce men Pax.
viding hospital care for So,ouu n,
service men at an annual eNp,einS0o 0o0
$50, 600, 900 and expendinE |LUv,ic.
600 cash every day for eS-s''
men and their dependents -
The commercial. (Union City, Tenn.) 190?-193?, 1922-11-24

Wool Tweed, 36-in. wide, yd - .---75c
RompweH cloth, 32-in, all colors Csc
Kimono Fleece, all colors, yd Pic
New-York tribune., 1922-08-01
Markets i'm Other Cities

sales - Open. High. Low Last
175 REQ -.... zs 26 % os
$50 Un Mtge pfd. So 5N 5A 6&
New-York tribune., 1922-08-01
Cotton Declines
16 to % Points
lin Quiet Session
Drop, in Face of Bullish
Crop News, Due Largely
to Indifferent Public Inter-
est; ListIe Buying Power

ms cotton markets showed little
animation yesterday and drifted some
what lower in face OF buiiish crop news,
largely because of Indifferent public
interest, which removed buying power
that is usually present when crop
damage news is a feature. Notwith-
standing little rally from the low
point near the close, final prices were
still 16 to % points under the close Of
Saturday, October, at it's weakest level,
sold 80 points net lower, and December
80 points.
Maintaining the attitude 1t has dis
played for a week more past. room
sentiment was not much impressed by the
bullish weather and crop news tina, formed
part OF the days influences, and continued
to sell on the idea that such news was
exaggerated and that the crop has actu-
ures were compiled, as of July 1b. Some
OF the local traders, who follow weather
conditions in the belt closely. declared yes
would undoubtedly begin to deteriorate II
1t has not done so already.
An average Of the sixteen private con-
dftion reports thus far Issued is 72.1, and
OF thirteen crop estimates, il 784,000 bales
The average estimate of New York Cotton
Exchsnge members was 1872, and 1t seemed
to be the general opinion on the exchange
that the government report o-day will be
somewhere between 73 and IA At all
events the market appears to havo dis
counted report Of this character, and
should trade predictions be confirmed
there would doubtless be interest
taken in conditions that have developed
since the government figures were com
piled, with possibly broadening OF out
side interest unless there is n speedy
change for the better in the weather.
Trade demand made its appearance mouer-
ately at the opening yesterday. but was
not much Of feature, pending the crop
report. and advices from the dry goods
district noted similar hesitation there.
Tho New York spot cotton market was
quiet and 25 points net lower, at 2l.4bc.
The range of prices:
New-York tribune., 1922-08-01
Sees More Hope
Now for Settling
Indemnify Tangle
National City Bank Views
Franco-Brifish Discussions
Optinistically; Regards g
Moratorium as Probable

More ground FOR hope of an actual
settlement Of the reparation problem
than has existed at any time hereto
fore, Is seen by the National City Bank
in the developments abroad and
Franco-British discussions Of the last
month. The bank regards morator-
ium as probable and points out that
cessation Of cash payments need not
affect the delivery of materials under
the Loucheur agreement. In comment
ing upon the situation, the bank, in its
monthly economic circular, issued yes
terday, says in part:
at has been evident that Germany
was not creating the trade balances
which constitute the only means by
which reparation payments in large
German statistics, little or no surplus
Of exports over imports has been ac-
cruing. Nothing is to be gained in the
long run by requiring the German gov
ernment to sell German paper currency
in foreign markets which already are
surfeited with 1t, and the policy of ac-
quiring foreign exchange from German
exporters, leaving German importers
without the means Of purchasing the
raw materials and foodstuffs which
must be obtained abroad, works out the
same results. Even the critics who are
most suspicious Of German policies are
obliged to recognize that 1t is impos-
sible for country to make large pay
ments abroad without having q sur
plus Of exports over imports, unless 1t
| is able to borrow abroad, which Ger
many, under present conditions, can
not do.
"The constant printing Of more cur
rency, for whatever purposes, in
evitably forces further depreciation,
and threatens more serious financial
embarrassment and social disorder.
The reparation payments Of themselves
have not been the sole cause of
depreciation. 1t is doubtless true that
a numerous and influential party has
given no cooperation to the govern
ment in its efforts to. make the repara-
tion payments, but it has been demon
strated over and over again that gov
ernments are not very effective in
coercing great numbers of people to
do what they are unwilling to do.
New-York tribune., 1922-08-01
NOTICE OF REDEMPTION
THE B. F. GOODRICH
COMPANY

Five Year III Convertible Gold Note.
NOTICE is hereby given, as provided /,
Article Four OF the trust rderture datss
April !. 1920. made by The b. F C;ooSrI
Company and Bankers Trust Company. n
New York City, TRUSTEE, that said The h ?
Goodrich Company has exercised the rirs,
conferred upon it by said trust indeuture ia
call and redeem. on October / 1929 ali !,
the above mentioned Five Year 10 Conve-t,
Die Cold Notes issued under the provisions n
said trust indenture ands now outsta nd{nv =,
1899 OF the principal amount thereof. "a
amount thereof to October l, 1929 Af,sr
October l. 1922. interest on the above-rpsb.
toned notes Will cease
Holders Of said notes should present ths-
Tor redemption and payment on or sfs,
October /. 1922, at the Office OF Ranks-.
Trust Company, No. 16 Wall Street, Borouxs
OF Manhattan, City, County and State 4.
New York. "
The notes must have attached tn. co,,,,,
maturing October l. 1922. and all subs.
Guently maturing coupons. Notes Registered
as 10 principal must be accompanied hv
proper Instruments of assignment sss
transfer tndorsed In blank.
Pursuant and subject 10 the provisions ef
said trust indenture, all rights Of cony.rgc,
pany without nomina! or par value, VIII
cease on October l, 1922.
NOTEHOLDERS DESIRING EARLIER
PAYMENT MAY PRESENT THEIR NOrEs
TO BANKERS TRUST COMPANY. NO, II
Wall STREET. NEW YORK CITY. on Or
AFTER THE DATE OF THIS NOTICE AyD
RECEIVE 103S AND ACCRUED INTyp
Dated New York City, August 1, 1922.
THE ID. f. GOODRICH COMPANY.
By 3. G. WORK.
Presiq2r
New-York tribune., 1922-08-01
Wheat Slumps on
Big Receipts and
Selling Pressure
Setback in Liverpool Quo
tations Also a Factor;
Market Closes l7.3
to 5 I.2 Cents Lower

CHICAGO, July 31-More than LOO
carloads of wheat arrived to-day. and
the market dropped to new low price
records for the season. The close was
unsettled at decline Of INC to SIC.
the latter for July, with September
Sl05A to S1.05A and December $1.O7I
to 81 .os, Corn lost ?s@1c to 1Mc, oats
lc to 1h01Ac and provisions &c to
In addition to the big receipts. which
were hnally announced as totaling 1142
ears sharp setback in Liverpool quota
uons dld good deal to force the marke #
mere GOWN grade from the start and to
snow but slight power to rally Hedgin1
SAFES or the new crop the heaviest
yet witnessed. and there was also selline
@ pressure on foreign account. Demand ap9
Peared to be- confined chiefly to shorts
exporters were said to have filled thar
most urgent requirements and TO he in.
cnned to hold off as much as possible from
lurther buying, especially during wealrnn.s
of foreign exchange
, some authorities expressed an oninIor
mat after to-day's big receipts the cron
tthovement would slacken, arrivals to-dav
haVing been crowded forward in Tho bons
oi ~ getting the benefit OF 1nonth-end hulpa
~ III Psices. AS a matter of fact, belated
,ra ,,aaiuatioh liza, was the feature Of to-day,s
'radlnG IN the July delivery "'
Corn and oats descended with r,..
am. ana as result of private crop renor,.
september corn touched the lowest pot ~ IS g
SO iar on the 1921 crop. p'ioo
IN the provision market the weaLnsss -
gram was of more influence than bj@ho ~.
quotations on hogs. 'tisher
New-York tribune., 1922-08-01
Pierce-Arrow Deficit
Less i'm June Quarter
Amounts to $ll,766. Com.
pared With s25,226 in
Previous Period

A deficit of $1l.766 after provision
fer depreciation, interest and taxes re-
suited from the operations of the
Pierce-Arrow Motor Car Company dur
ing the three months ended June 80.
This showing, presented in the quarter
ly earnings statement issued yesterday,
compares with deficit of $25,22e in
the preceding three months and with
a deficit of S1,4o0,55o in the June quar-
ter of 1921. For the first six months
Of the year the deficit amounted to
S36,992, representing reduction as
compared with $1,s9o,O52 in the first
half of 1921.
Operating income during the second
quarter totaled s34s,s55, against
charges of $s6o,621, whereas in the
same period last year corresponding
charges amount to S571.6S4 and there
was an operating deficit of 1928, 1868.
Operating income of s63s,92s during
the six months ended June 80 COM
pares with an operating loss in the
first half of 1921 of S9S9,06o.
New-York tribune., 1922-08-01
General Aioscrs ssesearch

The General Motors Research Cor.
poration, under the direction Of
Charles F. Kettering, assisted by
twenty-five research engineers, it was
announced yesterday, is engaged in ex-
perimenting with frictionless bearings
new systems for cooling of motors, new
principles of refrigeration, new types
OF engines, farm implements, fuel, cas-
buretors, .manifolds, development OF
alloys, paints, enamels, materials for
brake bands, top materials and new
principles Of ignition. The corporation
Is one of the departments of the Gen
eral Motors Corporation and was or
ganized in 1920.
New-York tribune., 1922-08-01
Virginia-C Carolina
Chemical Shows
Loss of $l,952,566
Compares With $l5,663,-
900 Previous Year; Net
Earnings ST., ,634, ,78O Be-
foreInterest, Depreciation

AS far as willingness or ability Of
customers to pay their overdue &C
counts was concerned the position
of the Virginia Carolina Chemical Com
pany was not materially improved dur
ing the fiscal year ended May 81, 1922.
The annual statement OF the company,
sent out to the stockholders yesterday
afternoon, shows reduction of only
$b85,800 in bills and accounts receiv-
able, leaving s32, 100000 to be cleared
up, but S2,449,600 of this amount was
written off by the application Of re-
serves for doubtful debts and by cash
discounts and price adjustments allow
able on accounts receivable.
Net earnings for the year amounted
to $1,684,780 after deducting S1,237,-
597 for repairs and maintenance, set
ting aside s690,343 to reserve for
doubtful debts and s1,297,o66 to reserve
for cash discounts and price adjust
ments on accounts not yet settled, and
after reducing inventories to market
value where it was lover than cost.
This compared with loss of $780,
800 in the fiscal year ended May 81,
1921. After deducting fixed charges and
providing 100000 for depreciation
there was loss Of $1,e52,56s, COM
pared with loss of S15,663, 900 before
payment of common and preferred
stock dividends in the last previous
fiscal year. The company had a profit
and loss surplus of S6,295,0oo at the
end of the year, compared with $8,776,-
600 year previous and with $27 ,437, :
600 on May 81, 1920.
Getting back to the balance sheet,
there is wound on the liabilities side
q reduction of $3,76o,0o0 in bills, pay
able, bringing that item down 20 $23,-
661, 200. Accounts payable, which stood
at Si.6l1,000 at the end of the previous
year, were found to have been reduced
funded debt was reduced from $685.
267, coo to s25 ,401 900. Since the end
of the fiscal year, however, the COM
pany had gone ahead with its recapi-
talization plan. Under this plan $22,-
100000 of per cent bonds have been
sold to a syndicate and offered for
public subscription, and in addition
$12,000,o00 Of 7h per cent bonds have
been offered to the stockholders. This
S35,000,000 of new debt will be set
against the old funded debt of $25,401,-
600, the object being to purchase and
retire at or before maturity the three
issues comprising the old funded debt
Total current assets decreased ST.
$4,000 to a total of s4S,303, 900, and
current liabilities were reduced S4,SIO,-
600 to S24,663 600. Although the exact
amount of the inventory write-off for
last year is not shown in the income
statement, the balance sheet reveals
that the total value of the inventories
was reduced S6,338,00 to S10,195 900
On May 81 the company had $8,162, 600
cash, an increase of $754,000.
New-York tribune., 1922-08-01
Country Produce

Butter-Rece pts"&ere $3.50 packages
Creamery. higher than extras, 34% 035hc;
extras, 92 score. 34@34hc; hrsts, 31@
S3ho; seconds, 2oh GD3OIkc; lower grades,
2s029c; centralized cars 80 score s2% %
33c: 50 score. acc; 8S score. S1@31lkc;
IS to 81 score, so@3oMc; unsalted. higher
than extras, SO 4 @ 37c; extras Sc score,
35 = @3ec; lrsts. a3@ $5c; seconds, s1T
@ s2bc: lower grades, 3oD3lc; state dairy
tubs. finest, 331a oslo; good to prime, 81 Il
current make. extras 8o03le: firsts 27h
@28hc; seconds 26927c; lower grades.
24@2bc; packing stock current make, No
asassa. i sas; No p 2'4A @s'o; lower grades
Cheese-Recelpts were 2.7se boxes New
York State flats fresh specials, 20D21c:
ayerage aospn run, l9@1e%e; fresh specials, 20
sn fresh ha1erags ohs T" l9@dSe Wisqon
s1es 2o@2oAc; Young Americas. 2Okc.
Eggs---Recelpts were ,927 cases. Fresh
gathered, extras. dozen, 2S@29c; regular
paeked rsts rs1s sS@a7c regular
ties regular packed NE SO. l. 1s@gsSc 81 9r- No
choice. dry, l5@17c; New jersey, hennerWy ~
Whites, candled, extras, 49c; uncandled,
est,ss; extrss 4s@t5o ,aas nssar9y hcnnery Whites
and nearby Western hennery whites, aver,
ege extras 4oW42c; extra tirsts 35GO3So:
arsts' nrsts ;$o@s4e; nearby gathered whites.
grats gaaoes 2s@2sci pullet dggs 2o@3sc;
hrsts, 339S5c; hrsts, 2s@3Sc; under
graaes, 26028c; other Western ana
SSouthern. gathered whites, 24Q 3Oc; near
Dy ana nearby Western hennery browns.
extra, 93Wa9c; nearby brown and mixed
coiors' gathered extras. ESQ 29c; frsts tn
extra firsts 23@27c. N' -
,-rstnta -rottattoes.Maryland. bbl.. .s15oQs175:
cced, 80 lbs. $1.26 @$l.40; long, 15o lbs
& n u 10. so, O. 5cc@$1; Long Island. bbi.'
SI@S2;50; sack. $2@S2,25: $50 h., sncI
$d.5ogS2; sweets Jersey bsk.. 81 9SSs
I$,sb; ~ Florlda. bbl, s7.5o@Ss; North caro- o.
New-York tribune., 1922-08-01

Fridi
Open, High Low. Close. clos
New-York tribune., 1922-08-01
Montgomery Ward Profits
SI.24l.l17 for the Half

The report Of Montgomery, Ward
Co., for six months ended June
80, showed net profits of S1,241,117,
after depreciation, taxes and reserves,
against net loss of s2,57S,o00 in
1921. The net sales for the first half
of 1922 were $38,Ao0,s10, or 14.74 per
cent over last year. Number Of orders
received were 1881 GAS, an incraese of
35.o3 per cent, and the largest num-
Der for the first half of any year in
the company's history.
President Merseles, in his report to
the stockholders, said: Inventories
are lower than at any time during the
last five years. and consist of salable
merchandise. We have continued to
reduce expenses and have made further
large savings"
New-York tribune., 1922-08-01
NOTICE OF REDEMPTION
To holders of Victory notes and 9th,

concerned:
Notice is hereby given as follows.
l-Cau for partial redemptson Of n.
Fer Cent. Victory notes.-Au Az per cert
victory notes. otherwise known as Unttd
states of America Gold Notes of 1e27-lss
which bear the distin gushing letters "A
3. c, D. E" or IF" prefxed 10 their ssral
numbers, having been designated for tss
purpose by lot in the manner prescribed BY
the Secretary of the Treasury are caIlsi
for redemption on December Is, 1922. pr.
suant TO the provision fer redemption co.,
tanned in the notes and In Treasury Depart.
ment Circular No. 1913. dated April y, 1875
under which the notes were originzly
issued. Interest on all the AZ per csat
victory notes thus called for redempt,ca
VIII cease on said redemption date. D..
cember 10. 1922.
Victory notes of the AZ per cent. ssrsss
bearing the distinguishing letters 20. 4. /
J. k or IL" prehxed to their serial nun.
bers are not in any manner afectsd by
this call for redemption. and will become
due and payable as to principal on May e.
1873, according to their terms
2-Detailed information as to the rt..
sentation and surrender of AZ per ces.
Victory notes for redemption under this
call Is given in Treasury Department CT.
cular No. 29s dated July IS. 1922, copies
of which may be obtained from the Treas
ury Department, Division of Loans Asa
Currency, Washington, D. c.. or any Fed.
eral Reserve Bank.
A. W MELLON,
July 20, 1879. Secretary of the Treas1T.
New-York tribune., 1922-08-01
FINANCIAL MEETINGS
THE BANK OF AMERICA,
AZ Wall Street.
New York City. New York. :,
Y.,f,, ~ III
TO THE, sTocKHoLpERs c

TO THE sToCKHoLDERs OF
THE BANK OF AMERICA: ,,t
PLEASE TAKE NOTICE that agek
meeting of the stockholders of The n'fdf Il
OF America will be held at the ofnss
said bank, ~ Wall Street, in the bofsSs
of Manhattan, City OF New YORK. Il
York, on the 4th day of August, lss1lsst 1lsst
one ID O'Clock IN the afternoon o. IA
day, for the purpose of considering =
taking action upon the following .,se.
/. The increase OF the NUMBER OF ,,fs
tors of said bank from tweniy-ss0
twenty-seven. 80. of
g. The amendment OF the Arfie,sM. Y;
Association OF said bank by substsssrssci tlssssci
in place OF Section / Of Article III tres' se
now reading as follows s.shs
sec. /. The powers of the AssocMssrsr. "a
shalt be exercised. and Its b1einssgr grss.fY
Quoted by twenty-five directors ,sssed
director shall be citizen OF the uasur ~
States of America. and shall osnl,Sss
hold at all times, in his own ris ~ nssaaF
least ten (io) shares Of the cspi1ai
os the Bank
the following: ,.tiss
Sec. i. The powers OF the Assoe,.essssnr. assoc esn.
shall be exercised. and It's ousineegr grssry
Quoted by twenty seven direetors ,,.ised
director shall be citizen OF the ~ Aessd
States OF America. and shall 49,. a
ho.d at all times. in his own - nsssaci
least ten tlo) shares Of the capitas
of the Bank
BY order of the Board of pirectofA .a.sf
EDWARD c. DELAFlELD.
CHARLES II. CURTIS, Cashier.
New-York tribune., 1922-08-01
Do You Want a Real Mortgage Guarantee-or
Near-Guarantee?

The public is waking up to the fact that
real estate mortgages are most desirable
and profitable investment when payment of
principal and interest is adequately guar
anteed
This has brought all sorts Of competitors
into the field offeriSg mortgages to investors
with numerous substitutes for the guaran-
tee Of payment. Some avoid giving an out
right guarantee by laying emphasis on the
people, the strength. and the reputation of
the organization selling the mortgage.
They have various vague but unconvincing
New-York tribune., 1922-08-01
Capital and Surplus

rs Remsen ST.. Brooklyn. $50
80 Bay ST.. St. George, S. !. Bride
New-York tribune., 1922-08-01

reasons for not actually guaranteeing their
mortgages.
There is no satisfactory substitute for an
absolute and adequate guarantee of pay
ment. The guarantee is the best evidence
that the mortgage is good.
We sell the mortgages guaranteed by the
Bond & Mortgage Guarantee Company.
Its guarantee fund (Sr2ooo,ooo) is the larg-
est in the business and its thirty years
record for care in the selection of its mort
cages makes them the first choice Of every
careful investor. We always have them for
sale