davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-03-15
Electric Storage Battery

No opposition is understood to have
developed against the proposal Of the
Electrical Storage Battery Company TO
exchange the present 500 par value
common stock into new stock Of no par
value on the basis o1 four new shares
for each old share. Stockholders viii
be asked to vote on the plan at the an
nuaI meeting scheduled for April 10.
The company's annual report, TO be
published about April l, is expected 20
show net earnings after all charges ana
taxes of approximately s21 share.
Working capital at the end Of 1921 is
understood TO have been approximately
s18,000,000 The notice to stockholders
Of the annual meeting states that hold
ers Of a large proportion of the com
mon stock already favor the change
proposed in the company's capital
structure. Exchange Of the old shares
for new may be made on or after
May 10.
New-York tribune., 1922-03-15

Bank Clearings Bank clearings at
New York yesterday were: Exchanges,
$S23, 200 900; balances. $I6,5o0,oo0.
Silver-London. 33A d. New York,
domestic bar, 995sc; foreign, 63lsc;
Mexican dollars, 4SAc.
New-York tribune., 1922-03-15
Unuieldy observation-disclosures

Heavy oversubscription Of new issues
IS appreciated by investment bank
ers as an index of a healthy con
dition of the bond market, but from
other standpoints it is not so welcome
The task OF eliminating padding is not
always easily accom- plished. and allot-
ments that involve sharp pairing
down of applications do not make for
satisfied customers. In the present
condition of the market it is not feas-
ible to avoid unwieldy versubscription
of offerings unless they are so shaped
as to be out of line with the quotation
of outstanding securities of similar
class, and banking houses cannot afford
to run the risk of pricing issues TOO
high. The Framerican Industrial De-
velopment Corporation issue was sew
eral times oversubscribed, while, when
the books on the Sinclair issues were
closed yesterday, it was revealed that
applications totaling about $4,000, 600
had been received.
New-York tribune., 1922-03-15
The Dollar in Foreign Exchange

Foreign exchange rates displayed
steadier tone yesterday. final quota
tions showing net advances in most in
stances The improved tone was gen
orally attributed to covering of com
mitments by those who had sold for
decline and to the better outlook in
news reports from foreign sources
particularly within the British Empire
Gable rates on London rose 31sc to
$433, and Continentals followed the
same general trend. although the re-
covery was not so pronounced. French
francs failed to reach the &c level
Changes in the Far Eastern group
we're for the better, except for rates on
India, but the trend in the South Amer
lcan group was toward continued lower
lnntatlOnS.
New-York tribune., 1922-03-15
I'm Wall Street
T,xpeci Oil Price Advance

For number Of weeks past there
has been q lot Of talk about an impend
ing reduction in the price Of crude oil
in the mid continent field. Now comes
the news that several companies are
getting "A substantial premium on cur
rent sales and the gossip has vcered
around so that an increase instead of
g decrease is expected. The vice-presi-
dent Of leading company in the
Moxia field reports that hc has re
ceived an offer from a large purchasing
concern of $lt, barrel for 100000
barrels, an advance of 70 cents bar
rel over the posted price This would
seem to indicate the immincnce Of a
price increase.
New-York tribune., 1922-03-15
Standard Oil stock Dividends

Since the announcement that the
Standard Oil Company OF Kentucky
had called meeting to double the
$4,000 900 capital stock and then re-
duce the par value Of the shares TO SIS
the Street has been hearing that other
members of the Standard Oh group IRE
contempt plating the declaration Of big
stock dividend. The Standard OIL
Company Of New York was mentioned
in yesterdays gossip as likely to BIZ
the next to take action. As all the
s75, 900 900 authorized stock is now out
standing the charter would have to be
amended to allow for any increase.
New-York tribune., 1922-03-15
Columbia Graphophone

The committee appointed to repre-
sent the holders Of the per cent notes
Of the Columbia Graphophone Com
pany announced yesterday that "a per
cent Of the total outstanding have been
deposited while enough additional
have been pledged to make up the 10
per cent which the committee consld-
cred necessary before it would feel
justified in presenting a plan Of re
organization. The undcposited notes
are said to be widely scattered and it
is not believed likely that they would
be able to unite in sufficient num-
bers to defeat any rcadjustment pro-
posed by the regular committee
New-York tribune., 1922-03-15
Stocks Prices
Go Higher in
Active Market
Dividend-Paying Rails Spe-
cial Favorites: Activity i'm
Low Priced Speculative
Intlustrials Is Marked

BY far tho most intcres ting of the
financial markets yesterday was the
New York Stock Exchange, where the
upward squirt became accelerated
Transactions remained active but did
not expand in volume. There WERE
however, indications of wider popular
participation in the business of specu-
lation.
Offices of commission brokerage
houses are 10 longer modern deserted
villages. Although compared with the
lhroNgs Of the hull market days of 1919
the size OF the speculative population
is yet small. it is steadily growing. The
spectacle Of rising prices is the ira
ditional lure. the effectiveness of which
IS undiminished. AS the speculative
cycle develops, new conditions become
manifest. Yesterday there was a con
spicuous gain in the number Of tips
pervading brokerage off ices and dc
signed to whet the appetite Of the
public. In times of falling quotations
tho wisdom Of being an investor, in
terestcd primarily in safety OF prin-
cipal and regularity OF income. is
obvious. When security prices rise.
however. the average man is often
tempted from secure paths. Speculate
ing is profitable in the long run only
for those especially qualified and at a
time of rising prices the outside public
becomes all the more gulliblc and TN
guarded.
Behind the present upward move
ment in securities is a widespread feel
ing that business is slowly emerging
from the paralyzing effects of after
the war read adjustmcnt and that in the
future real Improvement lies. In yes
tcrday's give and take, which is still
largely in the hands of professional
speculators, the dividend paying rails
were especially favoritcs, and, although
industrials were firm, too, the usual
leaders were not conspicuous gamers.
There was unusual activity among the
low-prced highly speculative indus
trial securities.
In the bond market. too which was
uniformly firm, railroi, securities were
especially sought.
The security markets ignored the
fluctuations in the European exchanges
yesterday and Monday. The reaction
in sterling at the beginning of the
week caused no alarm in the stock
market because of the preceding eX
ceedingly pronounced upturn over a
period Of weeks Sterling cables, re-
bounding upward, Yesterday closed at
s4.39. compared with s4291a on the
previous day, and the Continental ex-
changes. in sympathy. regained part
Of the losses More favorable news
from South Africa caused some cover
ing of sterling.
Wheat prices were unchanged to Ia
cents higher. and cotton quotation
we're / to 32 points up.
New-York tribune., 1922-03-15
Maxwell Motor to Retire Notes

improvement in the financial condi-
ton of the Maxwell Motor Corporation
was indicated in the announcement
that the company viii retire on
April / its entire issue of series A
per cent gold notes, due juno !. The
principal and interest Of the notes an
ticipated will amount to SO $4,000
New-York tribune., 1922-03-15
Money and Credit

Gail money opened and renewed yes
terday at per cent, holding at that
rate throughout the session on the
Stock Exchange. Loans we're arranged
at 3 u per cent off the Exchange. There
was little interest in time money, no
change occurring in the quotations.
Renewals are at Az or 5 per cent ac-
cording to collateral and maturity.
New-York tribune., 1922-03-15

Bid. Asked
hress p 90 ll2
L & VI r p7.Il4 lls
do i lid leo
L-W B Isl pr aS lo3
do ID pr .1o5 lIo
Lorillsrd pr. .ll2 lis
eisckay Cos pr sOLa 20
Nah Coal $50 100
Mallinson pr. 7ois so
Man Sugar Or 1915 so
Max Mot ctfs /
do lst pr CT 5
do % pr ct >
do A .... ~ 5ai
May De st pr.lO6 ll2
Mich Cent-al.l30
SP&SSM pr 81
do lsd lines. 65 g.
Mont Pow pr.l0Siz
Morris & Is. IS ISL,
Mullins Bv pr 9Si.
Nat Ris pr. ..ll9 l2l
\ L & S pv. SS 5.
Nat Lead pr.llo lls
MR. NJ is. pr 6 Q
NYC&SL LIST. "a 81
do ID pr. IS III,
\ Y Dock pr 81 81
Norf & w pr 721a Is
lOtls EIec pr. 81 SIS
Otis Steel pr. II so
Pan p 4 Il. * 81.
40 pr ..-.- so
Pitts Coal pr. 90 e3s-
P f w & CHS
do pr 1s5
Pitts Steel pr. SIS SO
p q w Va pr IS 81
Pr ST Car pr o. %
Pr 4 Ref pr So 40
p o $ pc pr. l0oh lOl
Rvs Sec 81 -
Hy ST Spring els es
90 pr les 49,.
Reading lst pr 4s "a
do I'd pr. IS 4SI.
Reis x Co. =. llsa 10
do list pr. .. 81 "a
itenS n Sar lis
Sears Roo pr.l0o rs
, Shat Ariz s 81:
SIS s & I pr e. -
: F Il Su pr 90 %
stand Mili pr 50 90
Sup Steel pr a5I
I X 2 Id tr.Sso Ano
T. { 4 T pr. 7S 90
Underwood T.l2s
do pr .....l05 Ns&
Tn Tank ....Io2 l0S
Tn Cigar st 10Y l5o
U s Express. 61.
7 s s * 4 pr AK 44%
V Rasl LIST pr sSH o.
V j G & c pr 65 67r
Wells Fargo. TS1s 81
Wilson Co pr. 70 -
! Woolworth pr. ll6% ll7%
w L & NJ pr A Slls SIS
Wright Aero rss
New-York tribune., 1922-03-15
Summary Of Stock Exchange Dealings

,Copyrighi Tribune
New-York tribune., 1922-03-15
Transactions Yesterday i'm Listed Stocks
Record of Stock and Bond Averages
STOlK

Copyright. 1922. New York Tribune 1nc)
New-York tribune., 1922-03-15
Bid and Asked

Following are the closing BID and
asked quotations Of stocks listed on the
Stock Exchange in which there wers
no transactions Yesterday.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
Colgate Sophomore Hasn't
Missed Single Goal Kick

HAMILTON, n. Y, Jan. 1S-Big Jim
Welsh, Colgate sophomore, who has
played right guard on the Maroon var
sity for the last two years, has been
named the man of most service to Col
gate football for his work during the
1921 season. This entities him to have
his name placed on the new Skull and
Scroll football trophy, presented by the
1920 delegation of that honorary Colgate
senior society The football coaches are
the designators Of the award.
Welsh halls from Maiden, Mass, where
he played four years on the Maiden High
School eleven. He entered Colgate in
1920, his ability giving him 4 place on
the varsity while freshman. During
two sessions he has been absent from
only two games He is one of the best
guards ever developed at Colgate, and
Is equally powerful on the offensive and
defensive. He is an exceptional field
goal kicker( and he has done all the
kicking of goals following touchdowns.
He has not missed a goal from touch
down in two seasons. The past season
Welsh was mentioned for all-Eastern
teams by several football commentators.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
Winter Baseball
snN-CTB PLANS.

CHICAGO, Jan 13.-Bil Killefer and
his advance guard Of Cubs will leave
Chicago for Catalina Island, Cal, Feb
16. The party win consist chiefly Of
family. however, probably will be on the
island and in their working clothes by
March l. o.
+bs White Sox getaway for somewhere
around Feb. q. The Sex WI, be put
through their PAGES at .SegQin, Texas.
It is more than likely that Secretary
Gardiner win ship some OF the pitchers
and catchers to Hot Springs, Ark,
week before the scheduled getaway Tor
Seguin. This matter will be left up 10
Manager Gleason.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
PROPER BUILD FO FOOTBALL
PLAYER Is FROM THE EARS UP

NEW YORK, Jan. 13.-Fielding
CHurry Ur) Yost, Michigan's great
coach, was asked after the recent season
what he considered the ideal build for
a football player.
From the ears up" he replied.
IN expressing his preference for
brains, Yost is not taking an isolated
stand. Other coaches seek gray matter
above beef and tie fans who are bec0m-
ing more and more educated to inside
football appreciate a fast-working men
tai apparatus on the field.
During the 1921 season, Charlie Buell.,
Harvards great little quarter back and
one of the most under estimated players
in the East, gave three exhibitions Of
quick thinking that saved the game with
Penn State and won from Yale when in
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13

both cases the Crimson cause seemed
hopeless.
Penn State was leading Harvard 81 to
II late in the fourth period and the Grim
son morale had been hurt by losing an
early lead. Buell. had worked all his
plays and they were being smothered by
the Penn State defense.
Harvard was within striking distance
Of the State goal line and the cause was
desperate. Buell. then made up u play
on the spur Of the moment. He Lied
Churchill back from end and told him
to get away over to the right corner OF
the field and wait for a forward pass.
Churchill followed instructions. The
Crimson line held and Buell. tossed him
the ball for a touchdown that tied the
score and saved the game.
The situation was almost the same IL
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
RED sox SPRING PLANS.

BOSTON, Jan. 13.-The advance guard
oIRMe Red Sox, comprising pitchers and
q ers, will leave for their spring train
ing quarters at Hot Springs, Ark, on
March ?, it was announced Wednesday.
The remainder of the team, led by Man
ager Hugh Duffy, will leave here March
Q. The team will play q series with
Pittsburgh at Hot Springs. The camp
there will be abandoned on March 81.
On the homeward trip tire Red Sox will
engage in eight or nine exhibition games.
Harry H. Frazee Of New York was again
elected president of the club at Il bust
ness meeting Wednesday. Z. J. Hermann,
Chicago sDortsman, was reelected vice
president, secretary and treasurer.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
o,BR1EN LEAVES GIANTS.

NEW YORK, Jan. 13-Joseph y.
O'Brien, secretary of the Giants during
the seasons of 1920 and 1921, and who
held the same post for two years about
a decada ago, severed his connection with
the National Exhibition Company Thurs
day with the completion of the football
schedule to be run off at the Polo
grounds next autumn, which has been in
his bands He gave up his post as sec
rotary Of the worlds champions nearly
month ago, James A. Tierney succeeding
him in the position on Dec. 10.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
INDIANA DAILY TINES FRIDAY, JANUARY Is, 1922.

the Yale ends loafed Instead of calling
for fair catch, Buell. grabbed the ball
and ran fifty yards through surprised
Yale team TO the Ellis fourteen yard line.
He was thrown heavily by OHearn and
stretched out on the field. The Harvard
trainer rushed out reaching for an ice
pack
Buell., winked and whispered: Moth
ing wrong. I've just thought of a play
that will get a touchdown damn soon"
The Crimson lined up. Buell. threat
ened play around right end and the
Yale defense spread out The great
plunger George Owen then smashed
straight through center for twelve yards
and scored a touchdown on the next
play.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
Lebanon Us. ShOrtridqe

home court the Shortridge METERS will
tackle the Lebanon team on the local
gym floor tonight Vat S o'clock. The
North Siders have yet to win a game,
but the team refuses to be discouraged
and has been fighting hard in every
game played Coach Gorton hopes to
get his charges to going in the. remain
ing games Of the schedule. Lebanon is
not as strong as It has been in past
years, but is a worthy foe for any high
school team in the State.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
De Paw Faces MarOOns

CHICAGO, Jan 10. Coach Fred
Walker, formerly assistant to Director
Stage at Chicago, brings his De Pauw
University basketba team to the Mid
way tonight for a game with the Mar
oons. Walker has one of the best teams
in Indiana and has been beating Con-
ference teams with ease. Purdue, now
rated as probably the strongest con-
tender for the Conference championship,
fell before the De Paw team two
weeks ago Wabash has been the only
team to lower the De PAW colors to
1ntn
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
A. A. TO CONSIDER DRAFT.

KANSAS CITY. No, Jan. l5.-Accord-
ing to word received by the manage
ment Of the Kansas City American As
ISOLATION baseball club Thursday, Presl-
dent Thoiras Hickey of the Association
will call a special meeting within the
next few days to consider the major
leagues offer of 1900 on the draft. The
International League and the Pacific
Coast League will vote on the propo-
sftfon shortly.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13

the Yale game. Harvard was trailing
back of a 3-to-o score. All during the
game and in all of the previous games,
the fran Buell. had been making fair
catches of all punts Opposing teams,
believing that the Harvard bench had or
dered him to do it for protection, took
it for granted that it was a part of the
noted Harvard system"
Dashing down the field under punts
only to be stopped by the uplifted hand
Of the Crimson quarter back time after
time, the Yale ends and forwards be-
came careless. Seeing this, Buell. used
his brain.
One Of McAldrich's long, soaring punts
came down into Harvard territory and
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
WOULD LIMIT RACE PRICE

ALBANY, n. Y, Jan. 13.-Assembly-
man Louis A Cuvillier. Democrat Of New
York, announced today that he would
introduce in the Legislature next Mon
day night a bill designed to restrict the
price Of admission TO race tracks to ST.
The measure as drawn, he says, would
apply to all racing associations.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
New Hampshire Plays Army

WEST POINT, y. Y, Jan. 13.--New
Hampshire State College, which defeated
the Army football team last season. has
game on Oct 81, Capt. NJ b. Ridgway,
executive for athletics, announced yes
Springfield College, Captain Ridgway
in one-half Of the double header with
which Army will open the season. Leban-
on Valley fills the other half.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
saor1D HOLD DOWN PAY ROLL.

CKFORD, H.. Jan 13.-Declaring
I'd Moline, Evansville and Terre Haute
gaid exorbitant salaries for players in
forder to keep up in the race last season,
the Rockford Three-I League club has
announced it viii ask the league to adopt
a rule requiring all clubs to keep on its
playing roster through the season at
least three players who have not had pre-
v1ous league experience.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
sAd' Golf Play Leaders

PINEHURST, n. c., Jan. 13.-R. NJ
Purves Of Boston and NJ. f. Meigs OF
Chicago Thursday won their way into the
final round in the winter golf play of the
Interests tournament Puryes
defeated w L. Conklyn of Dunwoody
two up and one to go, and Meigs, de
feated II Bradford Lewis Of Boston, six
up and four to 90.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
GOPHER HOCkEY COACH.

NIINNEAPOLIS Jan. 13.-Appoint-
ment Of l. D. Macdonald as hockey coach
at the University OF Minnesota and the
hockey schedule for the year were ap-
proved by the athletic board of control
yesterday. The university swimming
schedule was also approved
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
BROWNS AT MOBILE.

MOBILE. Ala. Jan 13.-lI0bile was
yesterday selected as the training camp
this season Of the st. Louis American
League baseball club. The announce
ment was made here by Robert Quinn,
business manager Of the club.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
SPORT RULING
BODY PROPOSED
Federation Would Supervise
All Amateur Athletics in
United States.

CLEVELAND, Jan, Reformation Of
a national federation of amateur athletic
organizations will be advocated here next
week when the National Baseball Fedora
ton meets in annual convention, o1icials
of the baseball league declared today:
Preliminary steps for the national body
have been started by Col. Wait johnson,
Washington, chief Of athletics IN the
Army, who is expected here for the meet
ing as special representative OF ,Secre'
ta1Apf War Weeks, it was stated.
he same time strenuous efforts 70
increase membership in the national sand
lot federation will be launched; Sixteen
cities, Akron, Canton, Chicago, Clnclnn4tl,
Cleveland, Columbus, Detroit Flint IN
dianapolis. Johnstown, LouisvllIe, NIL
waukee, New York, Pittsburgh, Windber
and Youngstown composed the league
last season and all are expected to De
represented again. .,,
Discussion Of schedules and rules Will
be held next Friday, at which time pro
new body for control Of amateur. sports
in America, according to plans OF Secre-
tary J. f. Potts of the baseball organl-
cation.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13

catcher for the past three years with
the New York Nationals has been ac-
qulred by the st. Paul club Of the AmerI-
can Association, Manager Mike Kelly au-
nounced yesterday.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
PITCHER BERGER. SOLD.

JOPLIN. No, Jan. 13-The sale Of
Pitcher Lefty Berger to Seattle Of the
Coast League was announced today by
Tom Hayden, president Of the Joplin
club. for s., 900 cash and a catcher.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-01-13
LOCAL BAsEBALLERs NOTICE.

Red Steinmetz, Bonnie Flagler Barney
Barnhardt, Bob Ellis, Harry Hanson,
George Broughton, Johnnie Gaalema, Rus
sell Adams and Loomis are requested to
send their addresses TO Earl Schaeffer,
London, Ind.
The New York herald., 1922-07-27
MISSOURI'S SENATE ATTLE
HAS REED AS THE LONE WOLF

Reed to book for his apostacy 10 his
party and its idol. Mr.. Reed retail
ates by calling everybody a liar and
undertakes to prove it.
His Retorts Bitter.
His answer to the big posters that
appeal to the farmer clerk. toiler to
help us to get rid of Reed provokes
biting retorts that arouses the sport
ing sense of the mobs he addresses.
The Anti-Saloon League has prob
ably never organized or staged a more
determined effort to beat candidate
for office than 1t has directed against
Mr. Reed. Fine! Mr.. Reed goes after
the Anti-Saloon League under full
head of vocal steam. He points to
his Senate record to prove that while
he favors the enforcement of the
Eighteenth Amendment he thinks the
Volstead act should be modified.
Charges that he did not support the
war policies of the Administration he
just denies, that's all.
Criticism of stand on the League of
Nations merely provokes reaffirma-
ton of his unalterable opposition TO
anything approaching foreign en-
tanglement, neither apology nor re-
cantation. Verify. Mr.. Reed is a hard
nut to crack. His optimism is sub
lime. limitless, apparently sincere.
With all the cards that usually point
to definite results stacked against him
the consensus is that he must lose;
yet even the most sanguine of his
critics will only bet even money on it.
And here are the chief causes for the
uncertainties of the situation:
The Missouri primary Is Of the
"open" sort. Any citizen styling him
self Democrat regardless of previous
affiliations can vote for Mr. Reed Tues
day-Aand a great many Republicans
will do so. Added to this element are
three or four other groups like these
that respond to professional German
and Irish influences the pronounced
vets of both parties. plus the mob vote
of the big cities-St. Louis and Kansas
City-where the local Democratic ma
chimes which are ostensibly support
ing Mr. Long cannot deliver the vote
against Mr.. Reed.
The Long managers concede the adj
vantage to Mr.. Reed in the cities. but
assert it will not be enough to over
come the Wilson Dry Woman" senti-
ment in the vast majority of rural
counties which have set their face
against the Senator.
The rival candidates are now wind
ing up their descent on the yeomanry