davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-08-30
Ford Company's Condition.

The financial community attached n
deal OF interest to the Ford Motor Com
pany's statement Of it, financial con-
dition on April 30. 1922. as submitted
to the Massachusetts Commissioner OF
Corporations. The balance sheet showed
total assets and liabilities of s400.5as,-
g46 compared with s345,i4o,557 a year
previous. Inventories aggregated s45,-
2og,0 ,094 against s63.s4s.157 year ago
and s96,s59.Oi2 on April 80, 1920, while
caeh and debts receivable totaled s14s.-
s15,s34 compared with sS6.995,165 on
April 80, 1921 and s62.4e9.027 on Aprn
80, 1920. Securities totaling s15,74e,95S
represented an increase of about S5.4o0,-
900 over the previous year. Accounts
and notes payable were s3s.0ss,S94
against S4s,SS6,141 year previous and
s51,o7l, ,0e0 two years previous. De-
probation and amortization reserves
totaled s50.s29,3o7 compared with s43,-
493.3e4 on April 80. 1921. The profit
and loss surplus stood at s24o.47s.7S5
against s1s2.s77,ese year previous and
sfsb, b,sTt.1s3 on April 30 1890.
The New York herald., 1922-08-30
TOPICS OF WALL STREET.
stock Market Huexant.

In spite OF the usual run-up Of call
money 70 per cent In the 1nal trading
the entire market remained buoyant up
to the close OF the session. Substantial
advances were recorded in several spec
ulative leaders and many specialties at
tained to new high prices for the year.
American Tobacco got up TO i63h. its
best price of tho year and United Retail
Stores selling above TO was of the
highest level in two years and up more
than four points from the previous close
The run-up in the latter stock resulted
from the efforts of badly trapped short
interest TO extricate itself. The supply
OF the stock is said to have been reduced
to $4,000 shares through conversion into
Tobacco Products. The coppers gave a
display Of strength under tho leadership
OF Utah which went to new 1922 high
at 69h.
The New York herald., 1922-08-30
Prospective bond onerinE..

In the way or new business in large
bond issues Argentina looms UP as the
nearest prospect. While there Is moth
ing definite es yet Il Is expected that
these bonds will be put on the market
here next week. The Cuban loan, while
not as imminent as the Argentine busi-
ness, is regarded as possibility next
month. Leaders IN the bond market are
confident that activity In che way Of
equipment trust certificates viii increase
over the year end. but no concrete In
stance Is at hand TO back up this opinion.
The fact that the roads will move record
freight tonnages with equipment which
AZ present is IN none too good shape be-
cause OF the shopmen's strike is taken 20
mean increased business for equipment
companies and more offerings f@se-
curities to cover these expenditures by
the carriers.
The New York herald., 1922-08-30
FINANCIAL NEWS
AND COMMENT
Stock Prices Recover Ground
Lost Monday-Substantial
Gains Recorded.

An snvigoratins breath OF hope and
confidence swept Wall Street yesterday
and all the markets responded In q
manner that was most encouraging to
those who have resisted tempting op-
portunities to espouse the bear side In
recent weeks. The stock markets ro-
covery was virile. and the markets de-
voted to bonds. commodities and the
foreign exchanges threw off their SOM
Der cloaks with equal ardor.
Keeping in view the theory generally
accepted in Wall Street that Mondays
decline in prices was merely q natural
ment In stocks, a. search for reasons to
account for the vigorous rebound yester-
day reveals much OF q constructive ma
ture. The handspring behind the change
tration at Washington to refrain from
making any attempt to take over the
railroads and coal mines. Wall Street
never for a moment believed that Con-
President, even II he had asked for them.
The general expression Of opinion that
the hard coal strike would be settled
within q week was another starting
stocks. Altogether there was much
brighter outlook for getting coal to
the country's Industrial plants. Apart
from the moro favorable domestic news
were cables from Paris saying that all
will turn out right at the Reparations
Conference to-day. Reports reaching
Wall Street indicated that rs tho tirne
for tho conference approaches France
appears to be moro willing to give Ger
many . hearing.
It was In tho foreign exchange market
that the greatest relief from tho painful
tension Of the last few days was felt
Vigorous recoveries in all the European
exchanges occurred and German marks
were quoted as high as $.o0O8A as oom-
pared with the low record last week Of
$.0004N. Quotations for sterling, francs
and lire likewise were higher. Further
proof that fears OF an unfavoable out
come Of the Reparations Conference
were no longer entertained was found in
the sharp recovery In French bonds
Tho Importance Of yesterdays stock
market was not measured by the volume
OF business transacted. The total of
trading was not greatly in excess Of the
previous days total. Tho markets per-
formanoe was deemed impressive be-
cause all Mondays losses were wiped out
before noon. Thereafter all fears Of
further reaction in prices subsided and
stocks started on a brisk upward move
ment The advance. which was more
general than on any other occasion In
some weeks. carried numerous stocks
into new high ground for the year.
Improvement was noted In every
group. Steel. copper. tobacco. public
utility. oil and railroad shares moved
forward together. Some Of the most
notable gains In the stock market were
as follows: American Ice, up s points,
Atlas Powder up points, Brooklyn Edi-
son, up 5 es points, Continental Can pre-
ferred, UP points, Postum Cereal. up 1
points. North American Company, up S
points and Western Union Telegraph UP
4 points.
Advances OF from, to more than 3
points were common throughout the rest
of the list. A feature OF the rails was
Canadian Pacific.
Call money opened and renewed at az
per cent. and then advance to per cent
The New York herald., 1922-08-30
Raflroud stooks Advances.

Reacting TO the better news from
Washington the railroad stocks made
substantial gains in yesterdays market.
Many OF tho issues showed an advance
of more than a point The July earn
ing statements of the Glass one carriers
now being reported show Improvement
for many of the lines not directly af-
fected by the coal strike On the other
hand few OF the coal roads report dras-
ito reductions in net income leading to
deficits In a few cases. Railroad issues
which figured prominently in the ad-
vance recorded yesterday included Atch-
ison. Baltimore & Ohio, Chesapeake &
Ohio, st. Paul preferred. Chicago &
Northwestern, Great Northern preferred,
New York Central, New Haven. Northern
Pacific. Southern Pacific, Southern Rail-
way and Reading.
The New York herald., 1922-08-30
Expect Record Car Leadinss.

Railroad operating officials expect
that within the next few weeks car
loadings vii establish new high records
for all time High record marks were
set in the last few months of 1920, when
a number OF 10000 car weeks were re-
ported and one or two when the total
number OF cars loaded with revenue
freight exceeded ono million. All In
dications point to very heavy traffic
and new high records are believed prob
able because OF the reported accumula-
ton of good order cars available for
the movement.
The New York herald., 1922-08-30
Canadian Pacific.

An advance OF more than points was
made by Canadian Pacific. Buying Of
the stock was based on the assumption
that the railroads earnings this fall
would be very good because OF tho roc
ord breaking Canadian harvest. II was
reported from Canadian sources that
Canadian Pacific is running grain trains
TO the head of the lakes on a fifteen
minute schedule. Tho Canadian Pacific
reported gross earnings for July OF
sl4. 1853. .S35, against SIS. go in the same
month Of 1921. Net earnings after taxes
were 81 .961 .90S, compared with s2,054.5l5 in
July OF last year. Gross earnings for
the seven months were s90.75e. .l9S. against
SO. SIS, 600 for the same period OF 1921 and
net earnings were s11.775.gs. against
SIS Oo4, 49,.
The New York herald., 1922-08-30
A. r. and T. at Vow High.

Stock OF The American Telephore 4
Telegraph Company achieved new high
price Of 125% yesterday on persistent in
vestrnent buying and covering of short
contracts made on the announcement of
the s115,00o,o00 additional stock offer
ing last Thursday. On that day the stock
broke to 11S when news OF the offering
was flashed on the tickers. 1t quickly re-
covered through 120 on the Same day
however. and since that time has been
advancing steadily. Although 1t is inn-
possible to tell as yet to what extent the
stockholders will take advantage Of their
subscription rights to the new stock the
demonstration OF strength given in the
market yesterday indicated that the
Offering will be readily absorbed by
shareholders and the public.
The New York herald., 1922-08-30
QUOTATIONS S
NEW YORK STOCK EXCHANGE QUOT
TUESDAY. AUGUST 20. 1929.

| 1879.
Year to date. Observation-Disclosures. I78.277s73
The New York herald., 1922-08-30
Recruiting OF shopmcn.

On Saturday or last week the rnn-
-oads OF the country are said to have
hired 6,499 new men for their shop
forces. This, II is contended, establishes
a new high level since the start OF the
strike on July l last Regarding the
labor turnover few figures are as yet
available. but II is believed that some
n the roads have been forced 10 dis
charge many men recently acquired be-
cause of unsatisfactory results.
The New York herald., 1922-08-30
1921. 1870.
70 127.O4s 14s,359, ,606h

Open High Low CIos- ~
ing. est. est. ing. lCh. ngs
The New York herald., 1922-08-30
Mexisan Debt Agreement.

Tho fun text OF tho dobt agreement
which was reached In this otty on June
l6 last after conferences between Fl
nance Minister de la Heurta and the
International Committee OF Bankers on
Mexico is expected to be made public
here next Monday. 1t is pointed out
that the announcement of the plan CO.
.ncides with the date set for the OPEN
ing OF the Mexican Congress. While
there are new members in the Congress-
It is not believed that opposition will
develop to the plan. which already has
received the formal approval Of Presi-
dent Obregon. Final ratification by
tho Mexican Legislature. Il is pointed
out. will result In the immediate call
by bankers for the deposit of the vari-
GUS classes OF securities under the plan.
The New York herald., 1922-08-30

New York funds In Montreal, 93c. premium
per ~ 900; Montreal funds IN New York. e3c.
discount per $1,000.
The New York herald., 1922-08-30
Predict Larger Bond Business.

In tho present iull IN the bond market
some of tho larger houses admit that
they arc hard put to find ways and
means whereby their staff OF saies-
men can be kept busy. In some cases
the vacation period has interviewed to
cut the personnel somewhat. but the
general situation is nevertheless diff
cult. Bond men anticipate an improve
ment In activity after Labor Day. how
ever. and express confidence that some
of the more important items OF busi-
ness which have been pend g during
the past few weeks will come UP for
final action. which will lead 10 offer
ings in tho local market.
Evening star., 1922-10-04
Do,c,,. the Alleys

shipping Board Bowling League slid
keller alleys. with a large crowd of
friends at hand to see the opening
games between the Voyage ADULTS
and the Property and Supplies. The
former won two of three matches.
Craft of the losers rolled 3l4 for high
set.
Charley Benson and Roy Bladen of
the Colonials went through warm
ing-un course of eight games last
night. getting ready for the opening
battle Friday night with the Man
hattans. and finished with an average
of 1r5 and fraction. Benson's high
game was 1856. and Bladen's 1874.
Deputy Collectors of the Internal
Revenue League took the Special Au-
dit auiTt into camp last night. win
ming three straight games. Burdine
of the winners was best with 1876.
Engineer Division of the Bureau of
Engraving League won two out of
three from Loans and Currency. it's
two winning games being $40 and 527.
1t fell down badly in the final game.
McManus with 81 was best man.
In the Commercial League Garry Ice
from the d. ]. Kaufman boys. Hall
of the winners had nice BIT.
Manager Coleman has not yet de-
cided on his Colonial team for the
opening battle Friday night, but he
has ten good men from whom to Sc
leet and a strong quint is assured.
Evening star., 1922-10-04
TWO MOHAWK ELEVENS
ARE GIVEN NEW NAMES

New names have been adopted by
two Mohawk foot ball teams in south
east Washington. The 140-pound
Mohawk Junior eleven hereafter will
be known as the Mohawk Prep team,
while the 125-pound Mohawk Junior
Reserves now call themselves the Mo-
hawk Juniors. The Props have some
open dates and would like to hear
from other District elevens in their
class. Challenges may he sent to
southeast or teiephoned to Lincoln
4494-J.
knnawha Athletic Club will be ad-
dressed tonight by A. J. Driscoli.
president of the Mid-City Citizens
Association. The meeting will be
held in Thomson School. beginning
at s o'clock.
Liberty Athletic Club will meet
next Tuesday night at O'Clock at
All r street. All members are eX-
pected to attend
Georgetown Athletic Club wants a
game for it's unlimited team Sunday.
Telephone challenges to West 622 be-
tween am. and pm.
Gridiron Athletic Club will meet
tonight at o'clock at 223 Bates
street William Lerch wants all
members to attend.
Yosemite Athletic Club is casting
about for Sunday engagement with
any 135-pound team. Telephone chal-
lenges to Manager l.. $. Stewart.
Lincoln 7570-W.
Evening star., 1922-10-04
GOLF EVENTS STARTED
At WASHINGTON CLUB

Play in the first round of match
competition for the club champion
ship of the Washington Golf and
Country Club is underway this week.
The annual competition for the Birney
cup is also being staged on the club
course at Rixey. Va.
Pairings in the championship fight
are as follows:
J. c. Davidson vs.. Fred J. Marble,
George Biddle VS.. ]. Holt Wright, w.
NJ. Thayer VS.. ]. H. Davidson, George
e. Truett VS.. F. S. Avery. w. R. Nc
Callum VS.. J. T. McClenahan, c. H
Doing, jr., vs. J. T. Barnes, S. L.
Mosby VS.. P. H. Sears. B. P. Garnett
VS. S. r. Speelman.
Birney cup pairings for players
whose handicaps are eighteen or over
Lieut.. Col. Thorne strayer VS.. G. R.
Garnett, E. D. Krewson VS.. S. B.
Moore. T. J. Rice. bye; G. c. Elder
VS.. p W. Calfee, w. c. Rivers VS..
H. A. Linn, G. H. Macy VS.. T. E.
Marble, Col. l.. S. Morey VS.. r. J.
Moorman, G. E. Elliott VS.. Col. J. A.
Hull.
Chevy Chase Club golfers are COM
peting today in the first round of the
annual competition for the Presidents s
cup. Club handicaps will apply in
the event, which will conclude with
the finals Saturday afternoon.
Evening star., 1922-10-04

Such being the case. Yale is likely
to have lot of trouble handling SO
meteoric a performer as Jonston. who
is one of the most elusive young men
in the world once he gets loose
Blount and Pritchard are other as
sets. The chances are that North
Carolina will prove herself to be no
weak sister at the bowl on Saturday.
Speaking Of individual performers,
Kansas will take at least two men Of
outstanding ability to West Point on
Saturday. They are Cave, 200
pound tackle, and Higgins. a lS0-
pound guard. Otherwise Potsy Clark,
the coach, will be pleased IL the line
is merely sane and normal. The
backfield will do we'll il it IS ever
permitted to get going.
1t IL perfectly clear that Iowa Uni
versity Is going to Yale field with
a real foot ball eleven. Those who
know Howard Jones, the coach, will
not be surprised at this statement.
They are aware he would not have
considered coming east had he not
the assurance of adequate material
The graduation of Belding, crack end,
will not leave fiawed spot on the
Haykeye wing. Wade made a light
ming fast 1s0-pounder. and j. Han
cock. a Wisconsin recruit. another
190-pound wingman, are both quail
fled to fill Belongs place.
Johnson is expected to fill the break
in the line made by Slater's departure.
Johnson weighs more than two hun
dred pounds.
Evening star., 1922-10-04
AMERICAN MERMA|DS
TO RACE IN BERMUDA

NEW YORK. October ..-Ar all-s'ar
group of American mermaids. holders
of large proportion of the worlds
aquatic records for women, Will sail
today for Bermuda TO participate In
swimming tournament to be held Sat
ur'lay.
The party of ten includes Gertrude
Ederle. long distance champion and
world record holder at various dis
tances: Helen Wainwright, all-round
titleholder: Sybil Bauer. hackstroke
star. and Aileen RiEgin and Elizabeth
Becker. premier diving experts.
Eight. will carry the colors of the
New York Women's Swimming As
sociation. while Miss Bauer repre-
sents the Illinois Athletic Club of
Chicago and Miss Becker the Phil
adelphia Turngemeinde. Besides the
Misses Ederle. Wainwright and
Rieem, the New York swimmers are
Doris OMara. Ethel Baker. Lillian
Stoddart, Frances Cooney and Ethel
McGary.
Evening star., 1922-10-04
QUEEN OF j: S. GOLFERS
TOPLAY KING 0F.L|NKS

NEW YORK, October 4.-Miss
Glenna Collett of Providence. r. l..
national womens golf champion. will
play Jess w. Sweetser. mems ANA
teur champion. when a team of ten
leading woman golfers meets a team
Of ten men next Sunday or Monday
at the Piping Rock or Garden City
Club.
The galleries will be. eager to
compare the drives of the two cham.
piOns.
During the Greenbrier tournament
Miss Collett consistently hit drives
that went around ESQ yards, while
Sweetser has been only little bet
ter IN his tournament play.
The men will give the women a
handicap of nine bisques. or strokes,
to be taken in match play at which
ever hole the woman chooses. All
the members Of the teams have not
been selected yet
Evening star., 1922-10-04
Q. What is d safety

Q. What is d safety"
A. 4 safety is made when the ball
i'm possession of IL piaye- guarding
his own goal il declared dead by the
referee. an! part of it bein;. ON. above
behind the goal line. provided the
impetus which caused it to pnss from
outside the goal line to behind the
goal line was given ny the side de-
Tending the goal. Rule q, section 16.
Q. DO the men carrying the side
line sticks have any authority over
the game?
4. Decidedly no. They are nothing
more than assistants to the head
1ineSman. Rule -.
@ How far must a kickoff travel
before il can be recovered by the side
kicking off?
A. Ten yards. unless it strikes an
opponent before that distance IL trav-
eled. Rule 20. section I.
Q. Is time taken out between
plays?
4. No. IT is only taken out during
the enforcement of penalties and at
the request of the captains referee.
Rule II. sections I. anad 3.
Q. Player catching kickoff behind
goal lines makes an attempt to run
it out and is thrown before reaching
the field of play. What is the de-
cision?
A. touchback. as the impetus
which carried 1t across the goal line
came from opponents. Rule 8. Sec
ton Is.
Evening star., 1922-10-04
VICTORY. BOY BEST BIRD
IN RACE FROM DANVILLE

first honors in the 200-mile pigeon
race from Danville, Va; held yester-
day. Twenty-eight lofts were repre-
sented by 400 birds in the competi-
ton The O'Dea entry averaged 929.02
yards a minute in flight. Other re-
turns and averages:
H. c. Burke 1913: J. Gamer. sos9e; NJ
W. King, $50 81; Blair Loft, SCOTS; E. Smith.
500. 81; ". W. Hardy, 500. %; E. R.wlins.
es4. s2; W. I. Ports, ssl.s5; J. Ferris, ssl. 70
E. +. Briel. s90.22; H. Hafpap. S69. So; E.
Humes, ss2 90: W. Mccormick. s74 90; G. B.
Glazer. s5s: o.; N. J. Sullivan. s5e:e7; D. Co.'S
tello. s55.l7; G. NbSy. sss. a: H. Prather.
Evening star., 1922-10-04


Lebanon Valley probably will not
be Il ''S"t-up" by any means and some
actual foot ball is almost a certainty.
At least. unless d big surprise is IN
store for everybody connected with
foot hail around this section. George
town will not have the usual easy
first game that most Of the stronger
eIeveEs manage to list for them
selves
Earring injuries. Georgetown will
start practically the same team that
wore it's COlorS Il year ago. Florence
and King ar" to be on the ends, Sulil-
van and t;c@gin at tackles. Lieb and
ConSt1Ck al guards. WertS at CEN
ter. Eiavin and Evrne halfbacks. Ken
yon fulT!uck ana pu Four quarter
back.
t;niIaudct has given out nothing as
Vet about how il intends to line up its
men AS 4 matter of fact. coacn
hughes probably VIII use tn" game
with the Baltimore club men more 10
get a linz on his materla! than any
thing else. Games with colleges are
the ones which I;alLaud"t holds most
important and for which ii makes
special preparation.
George Washington has no game
this week The HatChetiteS had q
contest Er,h,d with the QuAntico
Marines. h;:I called it Oft because II
wanted aruthrr week to get its play
rrS in sh.r,. before it actually %'tS
down ru the Grind Of building TOR
It's r1.st Important battles. IN" loss
Of Thomas at quart srn.-ck Is gong
TO hurt the team, ~ he was looked
,,pof rs an tx"cI,rjnu2l pt rtornler.
even if very 7i.siit. TIE remainder of
Tho su.:l:l ca1rc ;Hr"rG.ru the Virginia
game IN fairly good shape. notwith-
standing L VA against an eleven
that h;,d att.iuctI much hetter con-
Gitiou. Wucu the IiatChetltes appear
on th,. field :.s:din in regular con-
test they shou!d hc just about as
hardened as any aggregation they
face
Tnf,ersit, of Nar3Ianh gave its
squad aln'ust total rest Monday and
Yesterday. following a rather cruel
ing gam. against a much heavier
team last week. but this afternoon
and tomorrow the squad is due for
about rs hard workouts as any foot
ball team might expect at any time.
MARYLAND goes to Richmond Satur-
DAY and may be up against Il much
more versatile. and stronger eleven
than usually represents schools of
500 or 400 students. Richmond held
LafaVette SCoreleSS last week for
nearly full half and it was only in
the closing moments of the game
that the f.aStonitnS were able to run
up the count. after they had batter
cd down the defense OF the lighter
players.
Judged by whit it did against
Wake Forest College last week. Uni
verSity of North Carolina has about
the strongest eleven in its whole
eleven ran away from the Baptists
entirely and won by so to s. a score
Evening star., 1922-10-04

Watching practice at various grid
irons it has been interesting to note
the forward pass trend. Coaches now
realize that deception no less skilled
and involved than that which marks
running plays is the price of real
success in the overhead play. The
actual receiver today is masked until
the last moment and breaks out from
the most unlock ed ed-for-quarters
Coach fost of Michigan is today
developing players to fill six vacant
positions in his line. Goebel and Kirk
appear to be fixtures at ends, but Yost
mas some problem to find the right
man to serve as brother tackle to
Muirhead. the one available veteran
forward. Petro, guard. is out on
scholastic standing. The backfielG
will be brilliant. versatile, enduring
watch Beatty. full, at Princeton
he weighs 100 pounds and has thos.
piston driving knees that have m0t
been seen since Ted Coy's day.
Evening star., 1922-10-04
Facts About Foot Ball;
The Best Play to Use
by SOL METZCER.
(Copyright, 1892

With the ball in your possession on
opponents 3O-yard line, fourth down,
a yard or two to go. the play is OBJ
vious. Use that play of the last
three which has gained the most
ground. Nothing succeeds like sue
cess. and in foot ball one of the out
standing principles of success is to
keep hammering a weak spot of the
opposition.
If you have been hitting one of
their guards or tackles for consistent
gains, keep changing your backs
about in order to keep them fresh
and pound this same opponent. He
will weaken more and more as the
game progresses. A line play is the
play to use here, too.