davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-12-08
Output of Mpther Lode.

The Mother Lode Coalition Mines Co
produced 2.07s,554 pounds of copper in
November. an increase OF %1.sA pounds
over the preceding month. Production
for the first eleven months Of 1922 aggre-
gateti-s2. .57s.s pounds in contrast with
output OF 1s.9o1 .592 pounds for tho full
year 1891. In November high grade ores
shipped assayed $3.50 per cent. copper
and milling ores 7.24 per cent
The New York herald., 1922-12-08
Called Bonds
Sinking Fund Operations

Thousands Of doilars interest
u lost annually because bond
holdcrs arc not Immediately
aware that their bonds have
been retired. Opportunities
for advantageous offers TO
sinking funds are continually
being lost through lack Of In
formation.
We make q special point of
notifying holders Of bonds
with callable or sinking fund
provisions of every significant
development which affects
them.
We shall be glad TO explain
more fully this service. Write
to Service Department.
The New York herald., 1922-12-08
Hudson Motor Output.

During the fiscal year ending Novem-
Der 30. 1872, the Hudson Motor Car Com
pany manufactured 6l.10o cars. or twice
the number made in any previous year.
In the course OF the current fiscal year
the management of the company Is
planning the manufacture OF 10000 cars.
The New York herald., 1922-12-08
NEW YORK STOCK EXCHANGE oUoTAT

Open High-i Low Clos Net
iup est est Ing lCh' nee.
The New York herald., 1922-12-23
PRODUCTION AND SALES
CONTINUE TO INCREASE
Commerce Department Halls
Gain in Prices for Formers.

WASHINGTON, Dec. 22.-Business con-
lditions In November showed further in
creases in both production and distri-
button. according to a statement to-
night by the Department of Commerce.
Mill consumption of cotton for No
vember totaled 577.561 bales. the
largest for any month since July, 1917.
Exports Of cotton also increased to $751;
337 bales or approximately 8 per cent.
Of the crop.
Increases were reported in the pro-
duction of pig iron. steel ingots, zinc.
coke and leather A slight decline in the
untitled orders of the United States
Steel Corporation was attributed largely
TO increased production and better
transportation.
Prices. both wholesale and retail. rose
slightly In November, according to the
Departments Review, which mentioned
as a great movement the increases in
the price Of farm products together with
the Improvement in relative purchasing
power.
There appeared to be little change
In European business conditions. A
steady appreciation of the exchange
value of several of the countries. how
ever, was regarded as favorable
factor. Shipping conditions were re-
ported fairly active abroad.
Department reports from Brazil an
nounced a proposed change in the coun-
try's subsidy to the printing paper man
ufacturers. The present subsidy. IL is
planned, will be succeeded by a program
including a government loan to the first
company to organize for the manufac-
ture Of such paper.
The New York herald., 1922-12-23
Stock Market Comment.

I'VE advise taking profits with a view
to repurchasing on recessions during
the coming week. when stocks can be
bought for further advance."-P. +.
Cusick & Co. 1.-The high grade rails
look very cheap around current levels
and should be bought to carry over
into the new year"--Prince & Whitley.
I'm our Judgment prices will slip back
before the main upward movement Is
resumed. Green & Co. There
will be reactions. but the general trend
for the long pull Is Enthusiastically up
ward"-H. f. Mcconnell & Co. Hos
tile legislation as a tendency to restrict
free buying is the markets worst fea-
ture at present."-Henry Clews & Co.
1.-The majority of issues will show sub
stantial advances in the next few
weeks s"-Josephthal & Co. I'VE look
forward to a more active market with
the trend Enthusiastically upward during
the early part of the year."-Morris AZ
Smith. Purchases should be made on
weak spots. s."-William T.. Lauer * Co.
Financial affairs are shaping them
selves for broader activities on the con-
structive side."-Brumley. Cfamberlin
a. Co. 1.-THE coming week Will afford
an opportunity to obtain good rails.
steel common. coppers. oils and public
utility stocks."-W. Il. Hutton & Co.
"Moyements In prices on the stock mar
ket during the week have been signifi-
cant only to the extent of revealing a
firm undertone. II has. In fact, been
the usual holiday market with no ag-
gressive leadership in either direction
Nichols Il Stone.
The New York herald., 1922-12-23
OIL MEN GIVE LIST
OF STOCKHOLDERS
Rockefeller Interests Hold
Most Shares of Prairie and
Standard Oil.

WASHINGTON, Dec. 22.--Affairs Of two
oil companies, the Prairie Oil and GaS
and the Standard Oil of New York, were
delved into to-day by the Senate oil i'm
vestigating committee. with the prests
dents Of the two corporations. James e.
O'Neill and II. C. Folger. as the princi-
pal witnesses.
Inquiry into the identity of the larger
stockholders of the two concerns by GIL
bert E. Rowe. attorney for the commit
tee, brought from Mr.. O'Neill that eight
interests owned 81 per cent. of the stock
of his company. and from Mr.. Folger
that four interests held approximately
IS per cent. of his corporations stock
Mr.. O'Neill gave the eight principal
stockholders of the Prairie Oil and Gas
Company. with the percentage of their
holdings to the total outstanding stock,
as Edward S. Harkness per cent
Northern Finance Corporation, per
cent. John d. Rockefeller, Jr., 12 per
cent. A. NJ. Hardness. 3 per cent. trus-
tees OF the Henry II. Houston estate
little more than / per cent; General
education Board, about s per cent
Laura Spellman Rockefeller Memorial, 3
per cent. and tho Rockefeller Institute
OF Medical Research. per cent.
The larger stockholders of the Stand
ard on Company Of New York. with the
percentage, of their holdings as COM
pared to the entire outstanding stock,
We're given by Mr.. Folger as John d.
Rockefeller. Jr.. 20 per cent. A. M.
Hardness, about per cent; Edward S.
Hardness, 3 per cent and the Northern
Finance CORPORATION. per cent.
Mr.. O'Neill was questioned by Chair
man La Toilette as to the reason that
prices for crude oil posted in the mid
continent field by the five leading buy
n ov,ya t,al
almost simultaneously during 1921 and
1922, but he declared that it could not
be considered unusual and was a natural
process. He asserted that the rise and
fall OF prices were not preceded by any
conferences between the competing COM
panies.
The Prairie OIL and Gas Company
president declared that production of
crude oil In the United States had
reached it's peak and that within ten
years American refiners would be
forced to import at least SO per cent.
of their supply.
Cash dividends amounting to $S5, ,05O, 900
and stock dividends of 400 per cent. on
capitalization of s5,000,000 have been
declared since 1911 by the Standard Oil
>of New York, according to Mr.. FoIger.
who added that during the same period
his company had paid SIS, 500, 900 in taxes
The figures did not take account of
the stock dividend OF 200 per cent. re-
Gently declared and now being paid.
Mr.. Folger denied that the Magnolia
Petroleum Company was a subsidiary
of the Standard Oil of New York. but
said that the Standard Oil of New York
owned $4,000 shares out of the 1,1O0,0 900
shares Of the Magnolia company. or
6S per cent He explained that the stock
was purchased by the Standard COM
pany from himself and the late John
d. Archbold.
The New York herald., 1922-12-23
Mexican Debt Plan.

Tho American section OF the, Inter
national Committee on Mexico of which
Thomas w. Lamont is chairman, soon
will call for deposit Of Mexican bonds,
1t was learned yesterday. According to
the agreement reached between Finance
Minister de la Huerta of Mexico and
the International Committee of Bankers
last summer. payment Of back interest
on the different bond issues OF Mexico
Is to begin after January l. 1923" These
payments are to be made out OF spe-
cial fund created for the purpose. Such
part of the current interest as is not In
cash scrip. will be issued and redeemed
In due course. All cash payments as to
back interest are to be waived. The
matter Will be arranged by the deposit
Of overdue coupons against which re-
ceipts will be issued to be aniortized
without interest over a period of time.
The New York herald., 1922-12-23
FORD COAL DEAL PROGRESSES.
Pond Creek Compnny's President
looks for Decision Soon.

T. 3. Davies, president of the Pond
Creek Coal Company. said yesterday:
because of the many rumors In the
press and in order that Pond Creek
stockholders may be correctly informed
as to what is transpiring, 1t can be said
that the Pond Creek Coal Company is
negotiating with representatives of Ford
interests for the sale of the company's
coal lands. mining plants and equip
ment. located in Pike county. Kentucky.
Negotiations have been on but very
short time. and final decision will be
arrived at before the close of the year"
The New York herald., 1922-12-23
Baldwin's Business.

Indication of the present high rate
Of activity among equipment manufac-
turing companies is contained in advices
received yesterday from Philadelphia
announcing that whereas last year Bald
win Locomotive Works shut down for
the full week from Christmas to New
Years. the shutdown this year will be
confined to the two days. 1t is esti-
mateu that Baldwin's payroll contains
about 5000 names. as compared with
5000 a year ago. Speaking Of the out
look for 1923. Samuel Vauclain, president
Of the company. declared that business
should be maintained at a rate OF rs
per cent. of capacity throughout the
year. Mr.. Vauclain added that he ex-
pected business throughout the country
to move at about that rate In 1928
The New York herald., 1922-12-23
TOPICS OF WALL STREET.
market Demon.trate. strength

market OemOnstrates strengtn.
Buoyancy Of prices was the rule I'm
yesterdays stock market with displays
of special strength being made by many
active industrials, including Studebaker.
Lima Locomotive. American Locomotive.
Pullman. Cosden, California Petroleum
and Tobacco Products Railroad stocks
also participated In the upward move.
particularly New York Central. Southern
Pacific and Lehigh Valley. Delaware
and Hudson was an exception to the
general trend. Selling of that stock ap-
peared to be based on adverse dividend
reports. Near the close Corn Products
had a moderate advance on announce
ment Of an extra So dividend and estab-
lishment OF regular annual rate of
IS. In place Of 81 regular and So extra
yearly.
The New York herald., 1922-12-23
Call Money Advances.

With the Government still drawing
heavily on its resources deposited in
banks In this district, the money market
continues to display firmer tendency
On Tuesday $30.000,00O Of Government
deposits will be withdrawn from banks
here. The call loan rate in the New
York Stock Exchange opened and re-
newed yesterday at ~ per cent. and
then advanced to per cent. Time
money continued to be quoted at An per
cent. for thirty day loans and AZ per
cent. for loans of later maturities.
The New York herald., 1922-12-23
Otis Elevator.

In the sharp runup In the common
stock Of Otis Elevator Company Wall
Street saw reflection of the belief that
its directors soon will decide upon a
change in the company's capital struc-
ture which has been under corsidera-
tion for some time. The tentative plan,
it is understood. calls for a split up Of
the present 500 par value shares into
shares of s25 par value on four for
one basis. On the 1928 shares of COM
mon stock now outstanding the COM
pany earned 5000 share In the first
nine months of the current year. and
It is estimated that the net income for
the full year 1922 will be around $l4 a
share. The existing dividend rate on
the common stock Is s. q share.
The New York herald., 1922-12-23
would Regulate Rail- Dividends.

Local railroad officials and bankers
were much interested yesterday in ad-
vices from Washington saying that Sem
ator Johnson Of California had intro
cuced an amendment to the transporta-
ton act giving the Interstate Commerce
Commission the right to rule against
declaration by a carrier of dividend
until it has been established that the
roads equipment Is sufficient to meet
public needs. Wall Street Is prepared
for variety Of moves In the direction
Of new legislation further restricting the
transportation industry. but yesterdays
announcement created a considerable
stir.
The New York herald., 1922-12-23
More Penn.y stockhoIder..

Total holders of Pennsylvania Rail-
road stock showed an increase on De-
cember / for the first time in several
months. the number being 136,697. gain
of 565 over November 1. Compared with
December. 1921, there was a decrease
of 3.701. The increased odd lot buying
following the decline Of the company's
stock from par is said to explain the
larger number Of holders. The average
holding on December l was 1905 shares.
against 1885 on November / and 1.12
on December /, last year.
The New York herald., 1922-12-23
FAR EAST.
SOUTH AMERICA
CANADA.

New York funds In Montreal, 1912 per
miun per 81 900: Montreal funds In New
York, ts.12 discount per $1,000.
The New York herald., 1922-12-23
Big Year for wooIworth.

Sales OF II. w. Woolworth Company in
1922 will reach total of about $780,
600. 700. In contrast with s147,654.467 in
1921. Net profits after taxes and pre-
ferred dividends wiz be approximately
15,000.0 900. or around s23 a share on
the common stock. the largest yet re-
ported. This would compare with s2004
a share on the common earned In the
preceding year.
The New York herald., 1922-12-23
MONEY MARKET.


FRIDAY. DECEMBER %.
Renewals. .......... 4iaiIsst ............. 3
High.............. Years high ..R
Low............... 4iklYears low ..... 2%
TIME LOANS.
Mixed collateral, so days...........,..4K ~
Mixed collateral. 90 dsys................4 AZ
Induetrials. go ays..................... Az
1ndustrials. 10 ays..................... ~
COMMERCIAL PAPER.
Best names, 4 to months. hs.......... ~
other names. 90 months. ............ AZ
DISCOUNT RATE. REsEPvE BANK.
Commercial paper 10 days, g. 60 70 20
drys. 4. Liberty bonds and Victory notes. Is
days. 4; 10 10 90 days, 4; bankers' accept.
ances. IS TO 90 days. 4.
OPEN MARKET RATE.
Gail loans and acceptances.
Discount rates on prime bankers accept
ances eligible for purchase by Federal Re
serve banks:
Bid. Ask Bid. Ask
% Ssys.... SSsys. Il ! re dsys..... days. IL
CLEARING HOUSE STATEMENT.
Clearing House exchanges. sTG6. 900 900,
balances. xs5 900 .Oo0 Federal Reserve credit
balances. SCI 100000.
SILVER MARKET.
official bar silver In New York--rjomcstc.
peMc. unchanged. foreign. 627sc.. down ~
London. yostd,, down Nd; Mexican dollart,
47hc. down Nc.
The New York herald., 1922-12-23
CUSTOM HOUSE RECEIPTS.

Receipts for duties at the Custom House
yesterday we're $o63. .p67 .os. OF which $780,
bonded warehouses and Ss63. .463.94 for -
cent importations.
The New York herald., 1922-12-23
NEW YORK STOCK EXCHANGE QUOTATIONS

lOpen- Hight Low Oos- Net
| ing. est. est. Ing. ICh'nge.
, 1922-09-23
STATE ADluTANT
AND COUNTY MEN
ARE FLAYED IN
REPORT OF JURY
to Send Troops to,
Scene Of Tragedy In
spires Criticism Of All
Peace Officers

MARION, ILL.,, Sept. 23.-
(By The Associated Press.)-
In a comprehensive report.
the special grand jury which
Investigated the Herrin mine
killings today arraigned Adj
jutant Black for failure to send
troops, Sheriff Melvin Thf xton ana
local police for alleged failure TO pro-
tect life and property and. returned
a total Of PA Indictments
The jurs returned six more IN
for murder. bringing the
total to a. for murder. 5s for conspir.
acy to commit murder. 81 for assault
to murder n Is for conspiracy and
rioting.
Discussing tho Southern Illinois
Coal conpany's action in re-openlnx
the strip mine while the strike was in,
effect, the report states hat W
Lester, owner. either was woefnily
ignorant of the danger" or sbiindiy
determind to risk strife n connict
II profit could be made"
, 1922-09-23
TRIO ARRESTED
AS SHOPL|FTERS
BY AUTHORITIES
One Confesses to Theft of
Clothing and Some Stolen
Merchandise Is Re-
covered.

Three Mexicans. alleged shoplifters.
were picked up Friday night at mid
night on the sardbar by Sheriff Joe
Marquis and Deputy John Powert.
They gave their names as Jess Mitch.
ell. 40; John Lopas. SO. and John
Vega, 10.
The sheriff's office has been work
ing en- the Ease for 10 days on the
complaint OF a downtown department
store. No merchandise was found on
the men when they were arrested but
of them is said to have confessed
to having taken some clothing and
sold it to a Mexican woman residing
on the SAND Bar. "A search for the
woman ended at -four o'clock this
morning. She had in her possession
a black satin dress and a pink silk
kimona. which were included in thc
articles. missing. The clothing is be-
ing held in the sherlft's office as evil
dence in the case
, 1922-09-23

crafts belonging TO the raliWay en-
ployes department. american fsedera-
ton OF Labor.
indication that the shop crafts
leaders would appeal frva, Judge VIII
kerson,s decree was given by Iionald
r. RicLberg. counsel for b. VI. Jewell.
president, n John Scott. secretary,
of the railway employees depar E1nent
Of the American Federation CT Labor
The government has not decided
whether to follow. up the pysseEt
hearing with a request for n p erma
nent injunction. it was said today. 1t
Is considered probable that the strikers
,will appeal Judge wilkerson's hecis.
Ion and carry the case to the sur IRENE
court because Of its Importance d.
The temporary Injunction 10 be
issred Monday will supersede tenn
porary restraining order issued Sep
TENDER L.
In his statement. after citing mum
erous supreme court divisions. Judge
wilkerson said in part:
None Of the defendants in this
case have answered h bill Two
have filed. motions to dismiss and
have presented affidavits which leave
a large number of averments of. the
bill unchallenged on the record. The
fact that the defendants have been
acting in combination is not deihied.
On the contrary, the defendants them
selves have produced evidence of the
closest association and cooperation on
the part of the defendant orsa uiza-
tons. That the officers of the urhons
gave directions concerning the strike
from the outset is likewise admitted.
The only material question really in
dispute on the record is the resp,insi-
biity in law of the defendants for the
large number Of unlawful acts shown
to have been copimitted, the mos / Of
them by unknown parties.
notwithstanding the warm hgs
Continued on Page Two
, 1922-09-23
POSTMASTER
JOB OPEN, WHO WANTS It?

Hon. Frank w. Mondeu. member
OF congress. has written the Tribune
follows:
Mrs. Gladys Huffard. postmaster
at Freeiand. Wyoming. has resigned
her position there, and in the absepce
of anyone else who is willing to take
over the duties Of this office an in
spector recommended its discontinue
ance. 1 always dislike to have any
of these offices discontinued. II any
number of people are likely to be in
~convenienced, and 1 shall appreciate
It very much indeed IL you Will rail-
attention to this situation through
tn columns OF your paper, asking
anyone interested to write lie at once"
If there is any person within the
delivery of the Freeland p~ostoffice
DESTROYS of Undertaking this import
ant service L the people. he should
write to Mr.. Mondeil at Washington
at once. Otherwise the office will be
discontinued as recommended by the
inspector.
, 1922-09-23
~ ARE INDICTED FOR HERRIN Mine MASSA|
WORLD AWAITS DECISION OF TURK a
Britain's Aims Are
Outlined Today by
Lloyd George

LONDON, Sept. 23.-(By
The Associated Press.)-The
policy of Great Britain in the
Near East is to establish the
freedom of the Dardanelles
under the supervision of the
League OF Nations. declared Prime
Minister Lloyd George in a state
ment at a conference with the news
paper men his afternoon.
Mr.. Lloyd George. said that what
ever steps the government had taken
to strengthen the military and naval
forces in the Dardanelles and the Bos-
phorus had been dictated by two su-
preme considerations: Fi.st, "our
anxiety as to the freedom of the seas
between e Mediterranean and the
Black Sea- and second. ito prevent
spreading into Europe"
The prime minister declared he
would like 10 make It clear that any
action taken had nothing to do with
the merits or dement's OF tho case
under dispute between Greco and the
Turks.
The British government. he said.
had been impartial as between the
Greeks and the Turks. He pointed
out that a few weeks ago the Greeks
threatened TO march on ConstIntin-
opie and It that time General Han
the British general In chief
at Constantinople had
the Greeks I'm Identical terms
as the warning now given to Mus
taphn Kenal Pasha."
In dealing with the question OF the
freeepm OF the straits. Mr. Lloyd
George said that what had happened
in the late VIZ dsrglstrated how vi
tai was the freedom. of these narrow
seas to the protection OF commerce
md ito humanity in its brosdest Is
poets"
The closing of the straits by Tur-
key during the late war. he declared.
was responsible for the disaster ION
ono of our strongest allies and the
defeat OF Runsania and prolonged the
war by at least two years"
He sad:
I'VE acted then In the interest Of
peace. The same motive is inspiring
our action today"
, 1922-09-23
DISPATCH
MORE WARSHuPS.

LONDON. Sept. 25.-B, The Asso-
ciated Observation-Disclosures assur-
ances from Paris that the prospects
for peace in the Near East ARE bright.
ening, ugly reports continue to come
from constantinople, and several
more units OF the Atlantic fleet. in.
Guiding the battieship Revenge. have
been ordered to prepare for service in
the Dardanelles.
The favorable side of the picture
is presented by the Paris correspond.
ent of the Times who reports that
h French naval commander. Ad.
miral Dumesnil, ent his government
n most renssuring dispatch concerning
his interview with Mustapha Ken,al
.Pasha. He said he found the Turks
, 1922-09-23

~ ~
France Is expected to exert renewed
to keep the Turks from any
hostile action which would ~5eopardize
their extremely favorable position at
the forthcoming conference.
The Turks are fully aware OF the
weakness OF the British land forces
now p~recarously holding points along
the Asia Minor shore. and are con-
WINGED OF their ability to defeat them.
French official circles hold that thu
only thing that can stave off the ma
tionaiist attack is a definite pledge by
Great Britain to support France in
guaranteeing that Thrace will be
evacuated promptly by the Greeks
and restored TO Turkey.
Unfeignea anxiety exists among the
British here over the continued
strong concentratiou OF Turkish
troops at Ismid. where. since the
withdrew. the position of the
British orces have been weakened.
The nationaiists have brought up
field gun which they recently seized.
to within ten miles from the south
ern shore OF the Dardane1les.
The tension in Constantinopie con-
The capitol is full of disturb
Is rumors and many British war cor
respondents are arriving.
, 1922-09-23
JUDGE HOLDS RAIL UNIONS
RESPONSIBLE FOR VIOLENCE
In. GRANTING INJUNCTION
Rain Forecast
For Next Week

WASHINGTON, Sept ga
Weather outlook o week begin
ming Monday:
Upper Mississippi and lower Mis-
souri, valleys. southern Rocky
Mountain and plateau regions: Cen
orally fair; normal temperature.
Northern Rocky Mountain and
plateau regions generally fair. nor
NAL temperatures. but with a prob
ability of local rains middle OF the
week.
Pacific states: Generally fair in
California: unsettled, occasional
rains in Washington M Oregon;
normal temperature.