davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-03-12
To Fix Silk Standards
Dependent Upon Price

AS a result OF discussion in re
gard to the qualities of silk sold tos
dress manufacturers, brought ouss az
the recent convention OF the Assoc
ated Dress Industries of America IN
New York, David \. Mosessohn' eN-
ecutive director of the organization
yesterday announced that the executive
board will soon appoint committee
consisting of REPRESENTATIVES of the as
sociation and representatives OF s;ls
manufacturers for the purpose OF ar
rlvlng at a set of standards wh'ch WI"
be dependent upon prices.
IF dress manufacturer wants
certain type of silk made up to q
given standard. he will understand that
silk will cost him so much more OF
less than another silk made to xaea.
er or lesser degree of perfection. Nniie.
degrees of perfection are practically
intangible elements, there can =
upon time and care of production ana
the volume of yardage possible under
certain specified requirements of per-
lection in wearing.
"With small increase in the coss
of a better silk, which makes only y
slight difference in the cost of making
a dress, the dress manufacs1re- wos
is willing to work construcesvciy ca.
give the retailer much better garment
at nominal increase in cost to hin,
or to the consumer.
"The greatest benefit will be reflected
in the sale to the consumer. who will
see better value for her money, and she
will begin to have more confidence in
the talk she hears about return tel
normalcy,' "better values" "lows !,
prices etc.
New-York tribune., 1922-03-12
White Motor Earnings

The annual report of the White
Motor Company for 1921 showed de-
ticit, after charges and inventory ad-
justment, of s4,83731e, contrasted with
u surplus of S2,410,014 in the preceding
year. Gross sales amounted to $780,
329, ,94S, compared with S51,998,122 in
1920.
Inventories were reduced from s22,-
9ss,073 on December 81. 1920, to s13,-
351,452 at the close of last year. Notes
payable were reduced just one half, or
from S7,200,000 to s3,600,000 on Decem-
Der 81. Cash totsled s1,346,442 while
accounts receivable were s2,83s, 1894
Notes receivable amounted to S2,571.-
731, and accounts payable. S1,972,810.
In commenting on the outlook Walter
G. White, president of the company
told stockholders that the industry is
facing a period of the keenest competi-
tion of the generation.
New-York tribune., 1922-03-12
Stocks Higher
In Broad and
Active Market
Both lndustrials and Rails
Better Positions: Profess
sionals Discount Future
Business Improvement

While prices in other financial r.r-
kets were irregular to weak on narrow
trading, buying of stocks broadened
IN Yesterdays short session and ad.
'vances were scored in MANY ;ssues
that added point or more to nrev;ous
gains Transactions somewhat ex-
ceeded half million shares. actively
increasing as the Importance of The
buying interest became more apparent
NO single group was favored and clos
ing prices revealed that most of tho
stocks of standard industrial and rail-
road corporations had bettered their
positions.
evidence of extensive public partici-
patton was still lacking, nor we're there
any outstanding constructive develop
ments that furnished the basis for the
movement, which appeared rather as
continuation of the effort of the
professional clement in the market to
discount future Improvement in busi-
ness. The current disposition is to
attach greater significance to straws
pointing to gradual recovery from ex-
lsting uncertainties in industry and
trade than to past records and per
formances, AS yet there has been no
marked confirmation of the general ex.
pectation that the approach Of spring
would witness possibly more than a
seasonal increase in business activity.
the partial relief afforded the agricul-
tural situation being the most affirma-
tive development supporting this view
point.
Easement in money rates, which was
signalized by the availability Of call
funds at as low as 8 per cent Friday,
was again contributing factor to the
advance in stock prices, particular at
tention being paid to the continued
Improvement in credit conditions shown
IN the banking statements. Collateral
interest was aroused by the reduction
of the French bank rate to per cent,
representing cut of u per cent from
the level obtaining since July % of
last year. The bank rates in Great
Britain, France, Switzerland and
Sweden have now all been reduced
since there has been a change in the
Reserve Bank rate here.
The foreign exchange market was
sluggish as to activity and the re-
dictionary trend prevailing throughout
most Of the week continued in force.
Sterling closed at SA.35ss, off q cent
on the day, while francs and lire lost
and points, respectively. The fur
ther decline was associated with tech
nical considerations rather than with
outside influences.
News bearing upon the wheat mar
ket was slight and prices shifted
nervously in light trading. Quotations
from Liverpool and other markets were
lower, and rumored export business did
not develop. Closing prices ranged
from Il cent higher to "a cent lower,
representing a recovery from the low
point of the day. Cotton eased off 4
to 13 points on advices indicating
clearer weather and an uncertain trade
position.
New-York tribune., 1922-03-12
I. e. G.. ". Reorganization

James A. Baker, receiver of the In
ternational & Great Northern, is in
New York and has been conferring
with the roads bankers on a plan Of
reorganization. Efforts arc being made
to bring the reccivership to speedy
conclusion, and the reorganization man
ayers, Spsyer & Co. and j. e.. w. Selg
man e. Co., are understood to have
already prepared a plan Mr.. Baker
reports that the railroad property is in
good condition and earnings had begun
to show noticeable improvement in
March, alth hough January and February
showed up poorly. Revaluation Of the
property will be made Immediately by
the engineering department Of the
railroad commission in response to Mr.
Bakers application. Reorganization
plans were practically completed in
1917, but were abandoned when the
road was taken over by the govern
ment.
New-York tribune., 1922-03-12
Foreign Industrial Loans

investment bankers are inclined to
look favorably upon the prospects of
future financing here by foreign in
dustrlal concerns, but admit that the
outlook for the immediate future will
De determined by the reception to-mor-
row of the $4,000 900 bonds of ths
Framerioan Industrial Develonment
Corporation, a Schneider ct Gle sub
sidiary. Inquiries for loans have come
into the market from various foreign
corporations and discussions are re-
ported as pending on several fiotations.
Only companies of first class credit
standing are expected to be given ac
commodation. The difficulty is that the
names of most of the European cor
porations are little known here and.
therefore, carry little appeal to the
investor
New-York tribune., 1922-03-12
I'm Wall Street.
$500" Line Cuts Dividends

The reductions announced yesterday
in the semi annual dividends on the
common and preferred stocks OF the
Minneapolis, st. Paul & Sau!t Ste. Ma
rie will affect the income Of the Cana
dian Pacific as the owner Of sf2,723 800
common and S6,36i 800 preferred of
"Soos" capital stock. Heretofore the
Canadian Pacific has been receiving at
the rate Of 7 per cent annually on both
issues. but by the declaratlon yesster.
cut to per cent. The total loss Of
other income to the Canadian Pacific
by the action Of the 800" directors
will be $b72, ,608 annually, of which
1891 ,7O5 is due to the reduction in the
common dividend and $4,000 to the
cut in the preferred.
New-York tribune., 1922-03-12
Argentine Conditions Better

M. T. Meadows, manager of the Cham
Der of Commerce of the United States
IN Argentina, reports in a letter to
The Tribune that afte- period of pro-
longed depression in that country con-
siderable improvement is beinm no
tlced. Exports are moving outward
very satisfactorily" he writes. "and
even though prices remain at low lev
els, the country is gradually recover
ing' The margin of profit of our pro
aucers Is still small, but with the
tendency toward firmness Of prices this
margin is increasing, and undonhtea,,,
will provide Argentina with nnrcha :,
irg power sufficient to ACQUIRE a rec
sonable volume of American manufac-
lures. The slump in the price of dol
lars as compared witt. pesos is the
presage of increased Argentinan mr.
chases in the United States"
New-York tribune., 1922-03-12
The Dollar in Foreign Exchange

Foreign exchanges generally eased
off in relatively dull trading yesterday,
the losses representing a continuation
of technical reaction rather than re-
sponse to any new elements in the
situation. The cable rate on London
closed at s4.353s, off y cent on the day
Among the continentals, francs lost
5 points and lire Z. Guilders and the
Scandinavians held their position bet
ter than did the Allied exchanges, Dan
ish crowns finishing with a small net
advance.
Few changes occurred in the other
exchanges.
The trend throughout the week was
toward lower levels, varied by occa-
sional rallies. Sterling showed a net
loss of 57s cents, francs 21 points and
lire 25 points. The Scandinavians were
considerably frmer.
If you calculate the most of the dol
lar in terms Of foreign money or cur
rency exchange value-that is, if you
were buying dollar with pounds,
marks or francs-its value yesterd day,
compared with last week a year ago,
follows:
New-York tribune., 1922-03-12
Texas COMPANY

Although the Texas Company's an
nual report showed deficit after divi-
dends of ss,77O,871 for 1921, the stock
yesterday lost only a fraction of a
point on the days dealings. The Street
paid more attention to the balance
sheet, which showed a working eapi-
tai of s122,1l2,590, or s5,O0O,oO0 great
er than the total at the close of 1920.
Although inventories deprecated s34,-
100000 the company's cash and United
States Government securities stood at
SAL ,65o663, or s26.0o0,0oO more than
on December 81. 1920
New-York tribune., 1922-03-12
Dated. February IT. 1922.

PLEASE TAKE NOTICE that Special
Meeting % the Shareholders q n. Sea
York will be held az is BANKING ottic.
No. SO Broad Street, Manhattan Borssgh
New York City. OF the z0th dsy ot March
1922. at 1880 A v. or the purpose q.
voting upon the proposition 20 ra.isy an
confirm an agreement made between .hs
Directors Of Ths Seaboard National Bars
OF the City OF Nav To-A ana he Directo
Of Mercantile National Bank Ia New Yors
providing for tha consolidation OF sal6 W.
banks and upon sGcn matters as may e
appropriate 10 CARY into etssct said ages
ment.
BY order % the Board o. Director.
New York March Ind. ls2.
THE SEA ABOARD NATIONAL. BANK
OF TIE CITY OF NV TORK
SAMUEL . BAYNE. Pfssidsnr
New-York tribune., 1922-03-12
Clearing House Statement

Inc weekly statement of the Clear
ing House banks, issued after the close
of business yesterday. shows an in
crease of SAP LASS, $50 in aggregate re-
serve, wiping out the deficit and Great
ing surplus of $3O,4O1, $50. The i'm
provement is associated with the ac-
cumuiation of funds here for the gov
ernment operations on Wednesday,
Loans recorded a decline of S22. .6s5. 900
while net demand deposits were rising
S23,3O5, 900. Time deposits increased
Sl,1 900. Government deposits we're
virtually unchanged.
New-York tribune., 1922-03-12
Heavy Government Withdrawals

1t would not be surprising if the pay
ments connected with the March Is tax
payments should cause some stiffening
of the call money rates this week. For
one thing, the United States Treasury
will call upon the depository banks for
repayment of about one-third of the
government deposits made with them
on February l, which in this district
will amount to nearly SsO,OOo.O0O The
purpose of this heavy withdrawal is to
meet maturities of certificates on
Wednesday. This, coupled with the tax
payments, will cause considerable shift
inp of funds
New-York tribune., 1922-03-12
fINANCIAL MEETINGS
SOUTHERN PACIFIC covp.,gv

notice OF MEETING.
i55 BTo7fW9Ys New York y : H. 80.
The Annual Meeting of the stocupste,.1.1' >, :, ,11'
NJ the southern Pacific Company WIN y. -
=. the pf3ce ~ This Company in kncSo-. n.
Jefferson County. Kentucky. on Wsdn.sdss
April &. 1872, 2t Twelve o'clock noon. stans
ara time. for tns foilnwing purposes VIZ:
/. To elect fftesr Directors
3 To consider and sct upon al ourSs,or.
and matters which msy legally corne bssn-s
the meeting relating 10 Federal control a.
nc Comps IS properties urder ne sct ~
Congress of March 81. 1913 or any s1-se
ment or settlement Hira The Coreran-ent IN
rsspect thereto. or reiatI1s % the ferriira-
fion of such FederaI control ~ ne r.tf,--
~ the properties or other 81 a7Gf o.
lating to conditions resulting from Or So.
ceedirS sDcn Federal control. and Eene-si E,
9ii ga@stions and matters growing cut n o-
Incident 10 sLcn control Termination thereof.
or following conditions. Inducing The gezr.
anty ~ income under the Transportation
Act, 1920, ar3 settlement thereof
.. T. trsnssct all sgCh other business q 81
may legally come before me meeting irciut
ing the approval aad ratification u al sct On
~ he Board u Directors and % ire Exc
Tive Committee since the issr snr1a. meeting
~ the Stockholders ~ this ComDsny
For the purposes Of tne meet lng nc books
for the transfer n stock wiz ~ Closed At +.
clocS =. NJ Tuesday. March Il 1922 an1
VIII be reopenei 1t 10 o'clock 4 NJ Thurs
cay. April 8 1922
b order Of The Board ~ Directors
HUGH NEIL. coe-af.
New-York tribune., 1922-03-12
CHICAGO. SAINT PAUL, MINNEAPOLIS
AND OMAHA RAILWAY COMPANY.

NOTTCE TF AN T8-- y E-f- Nc
The Annual Meeting oI the Stockholders
OF the Chicago. Saint Pau Minneapolis
and Omaha Railway Company VII os heie
at the office OF the company Z The CITY o.
Hudson, Wisconsin. on "wednesday Apr
-, 1922 al nine O'Clock \. NJ. for tie
Of such other business as MAJ come before
said meeting
Transfer books viii be closed OF Friday
March 10. 1922, at the close OF business or
that day. and will be reopened on Thurs
day. April Is 1872
Dated March /. 1922.
JAMES 7. CLARK. Prs. .snt
JOHN y. CALDWELL. Secretsrv
New-York tribune., 1922-03-12
CHICAGO AND NORTH WESTERN
RAILWAY COMPANY

NOTICE OF ANNUAL. MEETING.
The Annual Meeting of the Stockho.6e-s
Of the Chicago ana North Western Rail
way Company Wi! be held at the office 0.
the company. -26 West Jackson Boulevard
IN the City of Chicago. Illinois on Tues
day. April II. 1922, Al eleven o'clock 4. NJ
FOR the election OF Directors and ths trans
action OF such other business as may come
before said meeting.
Transfer books VIII be closed on Friday
March 10. lse2, at the close Of business on
that day, and Will be reopened on Wednes
day. April II, 1922
Dated March q 1922
WILLIAM H FINLEY. President.
JOEN y. CALDN Ell. Secretary.
New-York tribune., 1922-03-12
70 II, J. rHE ! - SHAkEHoLDEEs or MEReAA

NOTICE IS HEREBY GIVEE 40 .
special meeting or the sharen1i1ers q Ma
camille National Bank in New YORK nzs ,~en
at II clock noon os taat esy a. re ~
Office Of said Bank. No l15 Brosdway. Il,
he Borough OF Manhattan. Ire cry o.
New YORK, % % vote on I proposition ta
ratify and confirm an agrrernent nere.cto-a
entered into between the Directors II Mo-
camille National Bank In &ew To-s zr5 re
Directors OF The Seahoarf EatIouai BAN
Of the City Of New York, proving sor ras
consolidation thereof into sirgs nstlona.
banking association. 70 % i7o77a - Ifs
Seaboerd National Bank OF re Cry of Ner
York. and (2) to take. autho-iza snd G. ap-
prove all sucn further action as shall G.
necessary or proper 70 e@ect1ats such
consolidation.
By order OF the Board Of Directors.
CHELLIS 4 AUSTIN
]. c. TtAPHAGET
DATED. Fehruar1 Il. 1a2.
New-York tribune., 1922-03-12
Calls for Bank Cond;t;ons

ALBANY, March 1l.-State Superin-
ttendent of Banks Mclaughlin today
issued call for the condition of State
banks, trust companies and individual
banking institutions at the close of
business Friday, March 10.
New-York tribune., 1922-03-12
Paris Market Stronger

PARIS, March H. Prices were
stronger on the Bourse to-day. Three
per cent rentes, SO francs. Exchange
on London, 48 francs "a centimes. Five
per cent loan, 78 francs s5 centimes.
The dollar was quoted at II francs 21
centimes.
New-York tribune., 1922-03-12
rhe Texas and paeific RailMay Compan,

Notice is hereby given that the annus
meeting OF the stockholders Of The TeNss
& Pacific Railway Company will be held
al the office OF the Company. No. ~
broadway, New York city. On "Wednesday
March Is. 1922, at one o'clock ?. VI.
J. l.. LANCASTER. President.
{, ". NEITCH. Secretary.
New York March l-ee
New-York tribune., 1922-03-12
DIVIDEND NOTICES
THE RANK OF ANlFKICA

THE BANK OF AMERICA
AT a regular meeting ot The Beard q
Directors OF The Bank OF America, helt
March 9th. 1922. 4 dividend of - on th'
capital stock of the Bans was declared
payable April LIST. 1922. TO stockh0.dsrs. @
record al three o'clock p. IN, March LIST
CHARLES E. CURTIS. Cashier.
New-York tribune., 1922-03-12
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which thera were
no transactions Yesterday,
New-York tribune., 1922-03-12
Bank of Germany Sta,em.,,,

BERLIN, March 1.-THE statemen+
OF OF 'ne imperial Bank of Germany as
OF March z, shows the FOLLOWING
changes, in marks: moving
New-York tribune., 1922-03-12
French Bank Rate Cut

PARIS, March IL (By The Associated
Press).-The Bank of France TO-DAY
lowered its discount rate from 5h to
5 per cent
New-York tribune., 1922-03-12

ECUADOR (par 1850 cents sucre>
rryIIS rSneeks ........27.o2 27.o2
LILLE {par S6.6 cents a peso)
Checks s........1l.51N lI.so 1Ax
oKHSGuAY (par 1os.42 cents a peso)
y, y Snecks n @ sl.37M S175 Ss.37L
CS 1Ho Ella (par 1913 cents bolivar
Shecks ........lS2s 1S2S
canadian ExchHnge-New York funds !,
1a,a. nohtreal' 41t per cent premium: Montreal
iunds IN New York. 3N per cent Discount
London Money Market
LONDON, March 11.-Bar gold was
quoted at 96s. Money was loaned at
~ ~ per cent. Discount rates were:
ohort o!!is, W g3 tbs per cent; three
month bills, 3A@3 sis per csnt.
New-York tribune., 1922-03-12

JAPAN (par 4s.s cents a yen>
Demand .......47s7A 1737L lss7x
,Nn4a Gaeles :47saa izsssR tts.so" ts.so
Demand pDemand ....,..2s.oo $500 2s.75
,,rp ap,es TTc 2s IS 1926 27.00
STRAITS SETTLEMENTS (par 6sS cents
dollar) WV eo"e'
Demand .Sloo 5l.oo
cables .........51.25 6125
THE AMERICA
ARGENTINA (par 42.44 cents paper
pcso) P"pSi
Demand .......3s.62h 1915 34.sah
?, :, oahlss BE, .as.sSN 3S.s1A 3175
1lE 'par S1'4e cents paper milreis)
CCc1ano .i3sS& 1917 l6.l2h
PERU tpsr s4.ss a pound)
Checks ........ s.s7 s57 $40
New-York tribune., 1922-03-12
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings
STOCKS

(copyrlsht. 1872 New Tribune lnc)
New-York tribune., 1922-03-12
Record of Stock and Bond Averages
STOCKS

(Copyrlght, 1879 New York Tribune Inc)
The Cordova daily times., 1922-03-14
TIDW11


That elusive thing, the spirit of the slums, was caught by the camera in the filming of one scene in "The Land of Hope," Alice Brady's latest pic tre. Just as the atmosphere of some of the scenes of "Humoresque" was a contributory factor in the success of that screen drama, so it will prove to be no less important in Alice Brady's present vehicle.
 In the sweatshop scene, Fannie and Frederick Hatton, two of the three au- thors who wrote "Tbe Land of Hope,' and E. H. Griffith, the director creat- ed a picture of exceptional power.
 It is full shop of the lowest order, a bleak soot and smoke-stained den where gaunt and dreary men and wo- men slave over bits of belts cut from cast-off garments or filched from ash barrels. Blocker Street and lower Third Avenue in New York City know just such places. It is here that Alice Brady as Marya, and Jason Robards as Sascha, the young immigrants, are feature picture at the Empress this evening. Also the comedy. "Torchy's $ Double Triumph" and Kinogram.
The Cordova daily times., 1922-03-14
GRAPEFRUIT AT BEST
 IN LOW TEMPERATURE

WASHINGTON, March IA. The grapefruit appearing on the Ameri- can breakfast table may in the future be one coaxed to ripeness while re- posing in frigid temperature of some refrigerating plant.
 Department of Agriculture experts announced after completion of series of experiments begun in 1917 that con- trary to the prevalent opinion, citrus fruit will ripen off the tree and, like pears and apples. will develop su- perior eating quality after period of one to three months in cold storage. The fruit, however, must be suitably "cured" before being placed in cold storage it was determined. This cur ing process involving keeping the fruit in a temperature of about sev- enty degrees for period of two to three weeks. It Is then transferred to temperature of 32 degrees for a longer storage.
 The government experts found, it was said, that while the sugar content of the fruit remained about the same, the acid content decreased marked ly during the storage. and apparently the bitterness was broken down, thus enhancing the palatableness of the fruit. The process was also said to eliminate the tendency of the fruit to "pit" or form the sunken spots, which sometimes appear on the skin and impair the fruits market value.
The Cordova daily times., 1922-03-14
LEGAL ADVERTISEMENTS
NOTICE OF GENERAL MUNICIPAL
 ELECTION

Notice is hereby given that an Tues day, April 4, general municipal cleo tion will be held in the town of Cor dova, Alaska, in the council cham bers of the town hall on Second street, in said town.
 Polls will open at o'clock a. m. Polls will close at o'clock D. m. The qualifications of electors for councilman, mayor, town clerk and town treasurer, are as follows:
 He or she shall be citizen of the United States, 21 years of age or over, wEo has resided continuously one year next preceding the election in the territory of Alaska and six months continuously next preceding the elec- tion in the town of Cordova. Alaska, and who has registered ill accordance with the requirements of Ordinance No. IF of the Town of Cordova, Alas ka, entitled can ordinance for the reg istration of the legal electors in the town of Cordova, Alaska"
 The qualifications of voters for members of the school board for Cor dova school district shall be as fol- lows: All adults, male and female, who are citizens of the United States, bona fide residents of the territory of Alaska for one year or more, and of the Town.of Cordova for at least six months immediately preceding the date of election.
 The offices to be filled at said cleo tion are:
 A mayor to serve one year.
 Three councilmen to serve for two years.
 A town treasurer to serve one year. A town clerk to serve one year. A director for the Cordova school district to serve three years. (SeaD
 K. G. ROBINSON, Town Clerk.
 3-7-1w.
The Cordova daily times., 1922-03-14
AGE GAP OF COUPLES
 TO BE MARRIAGE BAR

LONDON, March 14.-Marriage be- tween persons of incompatible ages, are to be forbidden in Turkey by the National government of Asia Minor
 A bill prepared by the health mins' try says that all engaged persons must have an ''age affinity adapted to the procreation of robust offspring"
 Henceforth elderly men will be dis, qualified from marrying young women and young men will not be permitted to marry elderly women.