davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-08-09
Rubber Quotations Irregular.

There was slight weakening in
prices on future positions in the crude
rubber market yesterday. but spot posi-
tions remained firm. Sellers were ask
ing l41a for first latex crepe and ribbed
smoked sheets for October-D December
delivery. and Is cents for January
March shipment. For August or spot
delivery these descriptions were offered
at 144 cents. Little buying took place,
however. The London market was re-
ported unchanged In review of the
situation. a London publication says.
THE un~ -ttlement which characterized
the plantation rubber market in the
past week was eventually followed by
a somewhat improved feeling. this be-
ing chiefly due to the increased interest
that sprang up on American account for
direct shipments from Malaga at prices
which at one period were rather more
attractive than on this side. The situa-
tion Is iot essentially changed for the
better, however. although 1t remains to
be seen to what extent the shipments
from this side to the United States
will pic. UP in the near future. I'M
provement. to say the least, is very
doubtful"
The New York herald., 1922-08-09
Recession In Gray Goods.

Another slump in raw cotton QUOTA
tions yesterday served to weaken prices
IN the local gray goods market. Trad
ing continued light. with plenty of
sellers but few buyers. Holders of the
standard 64-6o. 3Sh inch print cloths
were placing their goods on the market
as low 3 SIS cents, but even at this
price the movement was not acceler-
ated. Asking prices for the standard
68-72s ruled at 9h cents but there were
some holders who lowered their views
to 9ss cents. 1t was possible to buy
the 72-T6 constructions at l1h cents.
Commission houses expressed the belief
that trading will become active within
the next two weeks. In its comment
on the market. a leading house says,
AT the md of the month there will be
another crop report. which may prove
more convincing to the buyer"
The New York herald., 1922-08-09
supports Higher SILK Tariff.

continuance of the present tariff
would have spelled ruin to the silk in
dustry, according to a statement made
yesterday by James A. Goldsmith. presi-
dent of the SILK Association of America,
in support of those who have been fight
ing for an increased duty on silks.
"Only 40 per cent. of the country's
looms are in operation he said. "Im
ports OF silk goods have increased 50
rapidly that to-day they have become a
serious menace. In 1919 the receipts of
silk goods into this country totaled
35,500.000 square yards and in 1920
$4,000. 900 square yards. Imports in
1921 jumped to 6s.00o,o00 square yards.
The flooding Of our markets with cheap
merchandise of this character means the
stoppage of a proportionate number Of
American looms and the throwing out
of work OF proportionate number Of
American workmen."
The New York herald., 1922-08-09
Hardware Trade Feels strikes.

Reports from most of the principal
market centers show that the hardware
industry is feeling the effects of the
coal and railroad strikes in shortages
of merchandise, stiffening prices and in
creasing demands for ordinary staples.
says the HardiDdre Age. in the Pitts
burgh district some of the leading nall
ard wire mills are reported to be from
eight to ten weeks behind on deliveries.
Price advances were made during the
week on a few lines of heavy hardware.
Activity features the local wholesale
market and dealers are showing more
interest In placing orders because of ap-
prehension about shortages. Local price
changes occurred In several of the prin-
cipal distributing centers. Among the
general changes announced were 10
per cent. reduction on some makes OF
tires, an advance of 10 per cent. on
brake lining, per cent advance on
hoists and a half cent advance on brass
wire sheets and tubing.
The New York herald., 1922-08-09
To Holders OF Fifteen Year Six Per Cent.
Sinking Fund Gold Bonds of
RRADEN COPPER MINES COMPANY

The undersigned, as Trustee. under the Col
lateral Trust Agreement dated February l.
1916, securing the aforesaid bonds. pursuant
TO Section of Article III. of said Agree
ment, hereby calls for tenders for the sale
to IT, as such Trustee, of an amount of said
bonds sufficient, nearly may be, to ex-
haust the sum of Six sixtyseven thousand, Six
hundred fifty-nine and nine hundredths
dollars ($667 ,659.09) now in it's hands for &C
count OF the Sinking Fund provided by said
Agreement. All such tenders must be for all or
any part of the bonds offered. must state the
price at which the same are offered, not ex-
ceeding, however, 1859 of tho principal
thereof. and accrued interest. and must be
received at the Corporate Trust Department
of the undersigned, No. 10 Wall Street, New
York. on or before II o'clock noon on August
16, 1922. Each such tender should be securely
sealed and marked Tender of Bonds for
Purchase for Sinking Fund under Collateral
Trust Agreement OF Braden Copper Mines
Company dated February /. 1916" Notifica-
tion of tenders accepted will be mailed on
or before August II, 1922, and viii call for
delivery OF the bonds on or before August
%. 1922. with coupons maturing February 1.
1923. and subsequently.
Dated at New York this I'd day of August,
1922.
BANKERS TRUST COMPANY. Trustee.
BY II. F. WILSON. Jr.. Vice President
The New York herald., 1922-08-09
BUSINESS NOTES
AND TRADE NEWS
Manu- cturers Report a Good
Demand for Ribbons in
Western Districts.

5i.sln - in the ribbon trade continues
gratifying. Buyers from the middle
and tar West have entered the market
and are buying fairly neary or narrow
iihtrr such as plain gros grains, loop
exSr and two-toned satins These
Nm re selling in a great variety of
reo.c.A the predominating shades being
black. brown. reseda greens. navy blue.
and sand and steel. Metal ribbons are
ceiling well at the moment. One pro-
ducer is sanguine as TO the future and
points to the fact that hat and gown
manufacturers are employing ribbons
for establishment in substantiation OF
his belief that business this coming
season will be good. In wide goods
the 70 line widths are enjoying a steady
demand.
The New York herald., 1922-08-09
Dry Goods Sales Behind.

strikes continue TO WELD an unfavor-
ABLE n iuence on the dry goods trade.
according to II. r. Poindexter & Sons
Elsrchn disc Company's review of trade
IN the West. Sales for the last week
navo en- slightly behind those of a
venf 40. which Is undoubtedly due to
TIE ser .ossed conditions resulting from
the cca and railroad strikes. Fewer
merehs Is were In the market than in
the similar period year ago. The or
oeys as rage slightly less. but are more
nurntfs $. Merchants are buying their
faN sns winter goods from ten to thirty
days later than Is customary. Staples,
such as hosiery. knits goods, domestics
and cotton piece goods have been In
steady demand. Market prices show
certain signs of weakness on staple cot
ton goods. but other prices are firm.
The New York herald., 1922-08-09
Reorganization or
MISSOURI. KANSAS q TEXAS
PAJ WAy COMPANY

Pursuant to the provisions OF the Plan and
Agreement OF Reorganization dated Novem-
ber /. 1921. the undersigned Reorganization
Managers have made and published offers to
General Creditors of GD Missouri, Kansas &
Texas Railway Company (2) The Missouri,
Kansas & Texas Railway Company OF Texas
and (3) The Wichita Falls & Northwestern
Railway Company, and to the holders of the
following bonds guaranteed by endorsement
by Missouri, Kansas & Texas Railway Com
pany, viz First Mortgage Five Per Cent.
Bonds Of Texas & Oklahoma Railroad Com
pany, First Mortgage Five Per Cent. Bonds
Of The Sherman. Shreveport & Southern
Railway Company, and First Mortgage Five
Per Cent Bonds of The Beaumont & Great
Northern Railroad.
Said offers are on file with Columbia Trust
Company, Depositary, 60 Broadway, New
York City, and copies thereof may be OBJ
tanned from said Depositary or Mercantile
Trust Company, Agent of said Depositary,
7H Locust Street, St. Louis, Missouri.
or the undersigned.
On or before September IS, 1922, Gen.
crai Creditors should deposit assignments Of
their claims with said Depositary or its said
Agent and holders of said guaranteed bonds
should deposit the same, in negotiable form,
accompanied by all unpaid coupons, with
said Depositary.
Dated. New York. July 20. 1922.
K w. SELIGMAN & Co.
HALLGARTEN & Co.
Reorganization MGnagers
The New York herald., 1922-08-09
worsted yarn Trade Dull.

Quiet continues to prevail In the
worsted yarn trade What business Is
passing Is small and represents the chary
buying policy OF buyers. Occasionally
an order calling for delivery several
months ahead Il received by manufac-
turers. one Of whom reported the re-
ceipt OF an order for shipment next
January. The knitting trades or manu-
facturers OF sweaters and underwear
are buying frugally. although II is be-
lieved that their stocks OF yarns are in
need OF replenishment The attitude
which most buyers apparently have tenn
porarily adopted is 10 abstain from buy
ing beyond immediate requirements In
the belief that prices will be lower.
Present prices are still below replace
mcnt costs. The slightest increase in
demand, It is said will cause yarn prices
10 advance
The New York herald., 1922-08-09
No. 1928.
TREASURY DEPARTMENT


No. 1928
TREASURY DEPARTMENT
OFFICE or
- CONTROLLERS OF THE CURRENCY
Washington, d. c.. June 3, 1922.
WHEREAS, by satisfactory evidence pre-
sented 70 the undersigned, II has been mads
10 appear that
THE CAPITOL NATIONAL BANK OF
NEW YORK
In the CITY OF NEW YORK
has complied with all the provisions OF the
Statutes OF the United States, required TO
be complied with before an association shall
be authorized 10 commence the business OF
Banking,
Now therefore, /. d. r, CRISSINGER.
Comptroller Of the Currency. do hereby
THE CAPrroI, NATIONAL BANK OF
NEW YORK
In the CITY OF NEW YORK
In the County of NEW YORK and state
OF NEW YORK
is authorized to commence the business, OF
Banking as provided In Section Fifty one
hundred and sixty nine OF the Revised Stat
utes OF the United States.
In testimony whereof. witnes. my iand
and Seal of office this FIFTH day OF JUNE.
1922.
(Signed) u. II. cRISSINGER.
Comptroller Of the Currency.
The New York herald., 1922-08-09
PROPOSALS.
THE OHIO CONNECTING
RAIL WAY COMPANY
Office Of the Treasurer.
t3fttaf.t,rtvb Da It.fs ~

Pittsburgh. Pa, July IL, 1922.
First Mortgage Bonds of this Company
to an aggregate cost of Eighteen Thousand
Four Hundred Forty Dollars C$is,fi0.0W
will be purchased September /, 1g22. for the
Sinking Fund, from the lowest bidders, az
price not TO exceed par and interest.
Scaled proposals TO sell bonds must DO n
the hands OF The Farmers Loan n Trust
Company, New York City, before three
O'clock Thursday afternoon, August Sistf
1922 and bonds accepted must be delivered
on september 1st or security furnished that
day, II required that delivery VIII De macs
within ten days. -
T. II. B. MCKNIGHT. Treasurer.
The New York herald., 1922-08-09

We're designated by lot for redemption at
the office OF the Central Union Trust Com
pany of New York on the first day of Sep
tember, 1922. at 105 per centm the par
vaiue, In accordance with supplemental deed
OF trust OF February 27th. 1884.
Interest on said Bonds will cease on the
day named for redemption.
New York. August Sth, 1922
r. l.. SMITHERS. Vice President
For Henderson Bridge Company.
IT. j. FULLER. Vice President
or Central Union Trust Co. of N. Y.
r. ]. HAuGH.
Notary Public. Bronx Co No. 49,
Certificate filed in NJ Y. Co. No. 12s
[SeaiJ New York Registers No. Also
Term expires March 30 1924
The New York herald., 1922-08-09
Raw SIX Imports Decline.

Raw silk In storage at the principal
warehouses In New York city on August
4 totaied PLATA bales. compared with
26,s95 bales on July 1. according TO sta
s--.--- led by the SILK Association
5Ysrn1srsT' or the 27,474 bales 227
were Italian. 22.S63 japan and 4.3S4
call other bales. Imports during the
month OF July amounted TO 25,575 bales
contrasted with 35,5ss bales In June and
s6,107 In July OF 1921. or the 25,575
bales IL were italian. 20.57t Japan and
1880 "ail other" bales. Approximate
deliveries TO mills or the consumption
during July amounted 10 24.996 bales, as
against 29.529 bales In June. or the
34.996 bales consumed last month 81
were italian. 20.937 Japan and 3,9p2
IAN other" bales. In July. 1921, the
consumption totaled 33.7s2 bales.
The New York herald., 1922-08-09
= TRUsT AND SURETY CoMpaNIrs.
EXPORTS FROM NEW YORK.

wheat bushels. fG2.5s7 corn, bushels.
ffa. 462 Barley bushels. 20,105; flour. sacks.
4, ,sg7: Pork. barrels. $50: bacons. lbs, 2.T55,-
600. lard lbs, 2t6,0To: lubrcating oil. gal
Ions. 1s6,350; oatmeal sacks. 500; grass seed.
bags. 373 alcohol. barrels. a.; oil sake.
lbs, f,020 e0o.
The New York herald., 1922-08-09
HENDERSON BRIDGE compANY

SINKING FUND.
THIS is TO CERTIFY that at a drawing
held this sth day of August, 1922 in our
presence. at the office OF the Central Union
Trust Company OF New York. at ten-thirty
o'clock in the morning. the following ninety
The New York herald., 1922-08-09
KIRKLAND LAKE
~ Iwasapika. IS
MONTREAL.
prNNsyIyANrA or.

OIL CITY. Pa, Aug s.-Credit balances
a. Runs, 1852; average, ct,622. Ship
ments. fil,T4o; average, oo.27c.
The New York herald., 1922-08-09

TIFVt II"0NU 7II I'''F TT y sto'-N 11NNII"IIkNf
JOINT STOCK LAND BANK BONDS.
Yield
Bid. Ask. Ab't.
Chicago Joint s. l.. n.
5iss. Nov. 1851. op. 81. 1914 log 4.7o
May. 1889. op. "a. 90 1oon 500
tJoint Stock Land Bank 5s.
Nov. 1888, op. 20. ....... 90 fo0N 500
The New York herald., 1922-08-09
DIVIDENDS AND INTEREST.
GIANTANAMO SUGAR COMPANY.

UIhNIh4NFAUV
The Board or Directors has this day de-
clared dividend OF 81. 90 per share tha
Preferred Stock. Full Paid Subscription Re-
ceipts. for the quarter ending September 80.
1922. payable September 80. 1922. to stock
holders OF record at the close OF business
September Is. 1922. The transfer books
will not be closed.
GEO. II. BUNKER. Treasurer.
New York, August 3. 1922.
The New York herald., 1922-08-09

South Pacific
ref As 1855
26....... 90M
10....... 01
s p n Sug Nj
1st rs 194i
.f0fk
o JOp
The New York herald., 1922-08-09
OUT OF TOWN MARKE

Sales. Open High. Low. Last.
% Phil Elec pf.. 31M 3fh 81 81
$40 Phil Rap Tran 30h 81 30h 81
81 Phil Traction. 66 66 So sc
43 I'm Traction. 39ik 3ah 39ts 1914
$50 Uni Gas Imp. SIN 52N BLK Din
90 I'm Gas I'm pf 55h 55H 55A 53A
90 Warwick / & S o
3s West Jersey. 3st 3sh 3sh 3sli
$50 York Rys...... 81 81 81 y
BONDS.
$500 Phil Elec 5s.1o0k 101 1o0b 1ot
10000 Phil Elec 5ks. .101M 10fH 101h 10lk
10000 Phil Elec 6s.. .103A 1854 f03A 103N
The New York herald., 1922-08-09
DETROIT.

$1,000 Swift ist Ss... % % 90 os
The New York herald., 1922-06-08
STEEL PRICES FEEL
HIGHER COST COAL
Pig Iron Production Continues
Monthly AdUonce.

The use of a larger percentage of high
cost coal by steel producers has brought
about continued strength in the prices
of steel products. although the policy Of
the United States Steel Corporation in
adhering to the present sheet and tin
plate prices on third quarter business
serves TO hold the market in check. ac-
cording to the weekly review of the in
dustry by the Iron Age.
Pig iron production last month, the
review goes on. continued it's gain
shown in each month this year. Total
production was 2.2Oe,679 tons. or 74.4o9
tons day. against 2,072. ia tons in April
or 5000 tons daily, gain of almost
per cent. May production shows an in
crease of 40 per cent. over January.
A total of 1900 railroad cars was
bought in the last week and repair or
ders for 1900 more were placed. Pending
business in that department covers TO-
600 new cars and 1000 car repairs.
Fabricated steel contracts have been
closed for 1900 tons for % bridges and
building projects and 300 tons were
added to the list for Is projects pending.
The New York herald., 1922-06-08
INTERNATIONAL CARBON
CORPORATION IS FORMED
Columbian and Atlas Interests
Are Organizers.

The International Carbon Corporation
has been formed under Delaware laws
by interests identified with the Colum-
bian Carbon Company and the Atlas
Powder Company. according to an
nouncement made yesterday. The new
company is capitalized at se5oo.oO0 of $
per cent. preferred stock and 100000
shares OF common stock of no par value.
An offering of the new stock is to be
made by banking interests identified
with the new corporation.
Directors of the new company include
w. ]. Webster. president of the Atlas
Powder Company; Reid l.. Carr. G..
Harold Smith. II. r. Hansell. Jr.. and
Edward Bristol director OF the Domn-
ion Steel Corporation. The International
Carbon Corporation manufactures and
sells substitute for animal charcoal
used by leading refners in various in
dustries.
The New York herald., 1922-06-08
FINANCIAL NOTES.

Caldwell e. Co., 40 Cedar street, dealers IN
municipal bonds. have complied a list OF
more than thirty different issues OF munici-
pal bonds yielding 4.50 TO per cent. which
they recommend for June investments.
The Columbia Trust Company has been
designated trustee OF si.ooo.ooo OF the Hart
land colliery Company's first and refunding
mortgage per cent. gold bonds. due In 1882,
and transfer agent OF the Newport News and
Hampton Railway Gas and Electric COM
pany's preferred stock.
Domlnick Dominick have issued circu-
lar on public utility Investments which ana.
Yves five important public utility companies
bonds.
on callabie bonds with redemption and sink
ing fund provisions. II contains table
showing how TO obtain approximate yields,
based on call prices. and other rules for de-
termination Of yields.
]. J. Mahony. formerly with william wes,
& Co.. IL vlce-president Of Metzler 4 Co.,
Inc.
The Guaranty Trust Company Of New York
has heen appointed registrar OF 200. 600
shares OF the Shell Union on Corporations
per cent. cumulative series a 500 par pre-
ferred stock.
has issued a new booklet. Cost Of Deposit
Accounts" by Stuart II. Patterson. fits CONT
troller. The booklet shows how cost ac-
counting methods can be applied to banking
business and how Improbable business may
be eliminated or made profitable.
Knauth, Nachod 4 Kuhne and Hornblov er
& Weeks, managers Of the syndicate offer
Ing voting trust certificates representing
zoe, ,0n0 shares OF Mexican Seaboafd oil Com
pany's common capital stock. announce that
the offering has been greatly oversubscribed
and that rs subscription books have been
closed.
W. Fl. Coverdale. William r. Hays, Thomas
n. Heed, ". II. McCurdy and Edward Shear
eor have been elected directors of the chi
caro ard Eastern Illinois Railroad. the old
officials of which have been reelected.
The New York herald., 1922-06-08
TREASURY TO PUT
OUT NEW ISSUES
Offering includes $250,00O,
600 Notes and Unfixed
Amount of Certificates.
Special Dispatch 10 THE NEW YORK HERALD.
New York Herald Bureau.
Washington, ID. c., June !.

Special Dispatch TO THE NEW YORK HERALD.
New York Herald Bureau.
Washington, ID. c., June I.
The Treasury Department, in further
ance of its plan to refund the short
ing of three and one half years AS
per cent. Treasury Notes. the amount
of which has not been fixed. and also
an offering of one year 3M per. cent.
Treasury Certificates of Indebtedness
for $25o,000.0o0 The action taken Is
long step forward in retirement OF
Victory Notes. the entire issue of which
natures next May. The Treasury
Notes can be obtained only in exchange
for Az per cent. Vivtory Notes. They
are to be dated June is, 1922. and will
be due on December Is, 1925.
Secretary Mellon declared that pay
ment for the new notes could be made
in cash or by credit. or will the Treas
ury accept in exchange for them
Treasury Certificates or az per cent.
Victory Notes.
1.-The Treasury Is not announcing any
fixed amount for the offering of Notes,
but the Secretary of the Treasury re-
serves the right to reject any applica-
tions and close the subscriptions at any
time without notice." Secretary Mellon
said.
THE Az per cent Victory notes,
which will be received In exchange for
the new notes, mature on May 20, 1923,
but may be called for redemption in
whole or in part at the option of the
United States on December 10, 1922. and
1t is the Treasurys intention to call
a substantial amount for redemption on
that date"
The Treasury's offering Of certifi-
Gates is TO provide $250,000,0 ,0O0 which, it
is estimated, will be needed by the Gov
einment above all existing balances
with depositaries on June 10 TO meet
current obligations on that date.
On June 10 approximately $3.50, 200, 600
of maturing Treasury Certificates of In
debtedness, approximately $2o0,C00OO0 of
334 per cent Victory Notes, called for
redemption on that date, and approxi-
mately $125 600, 900 of interest on the pub
lie debt will be payable. Against those
payments the Treasury expects to re-
ceive in June, from income and profits
taxes. about S300,0O00O0.
Applications for the gold notes will
be received by all Federal Reserve
banks. The Notes and Certificates are
to be offered on the usual terms and
are to be exempt, as to their principal
and interest from usual taxes
The New York herald., 1922-06-08
LOADINGS OF FREIGHT
GAIN 28, ,662 IN WEEK
More Than One-third Repre-
sents Coal Shipped.

Cars loaded with revenue freight In
the week ended May q totaled S2l,12l.
an increase of 1852 over the preceding
week, according to reports OF the Amer
lean Railway Association. This was
also an increase of 25.7s6 cars over the
same week of 1921. but a decrease OF
77.Ois cars from the corresponding week
in 1920.
AS compared with the preceding week
increases were reported in the following
amounts: Coal, 9.403 cars; merchandise
and miscellaneous freight. 1880; graih
and grain products. 2.9i0; live stock.
$50: forest products. 1000. and ore. 6.95i.
Coke loadings decreased 4A cars. to a
total of S.S51. The weeks coal loadings
aggregated $3.50 cars. the increass hav-
ing been due to increased production In
the non-uncn fields and to partial
breaking OF the strike in Kentucky and
Oklahoma. The total loadings Of 5o1.l95
cars of merchandise and miscellaneous
freight represented an increase of s,43s
over the same week OF 1921
The New York herald., 1922-06-08
FIRM FIFTY YEARS OLD.

In honor of the firms fiftieth ami
versary. the employees Of orvis Brothers
& Co. members of the New York Stock
Exchange and other leading exchanges,
received yesterday So gold piece for
every year of their services to the
house. The members of the firm arc
Edwin w. Orvis. Warner D. Orvis Her
bert r. Johnson. Ashton G. Lawrence.
Homer w. Orvis and Leslie l.. Bennett.
The New York herald., 1922-06-08
SUGAR PRICES CONTINUE RISE.
Sales of 100000 Bags of Cubss Mt
27-s Cents Reported.

Prices OF raw sugar continue to ad-
vance and it's sales have been reported
upwards of 100000 bags of Cubas for
late June and July shipments at 25s
cents. cost and freight. to refiners and
operators. Bullish crop advices from
Europe and reports that Germany has
bought heavily in England have
reached here and have stiffened sellers
ideas here. ~ t.tr close of the dav
Cubas were being oiiered in a limited
The New York herald., 1922-06-08
FOREIGN MARKETS.

LONDON. June T.--Tradins was dull and
prices were easy on the Stock Exchange
to-day. Quotations follow:
Bar silver, 3jSad. an ounce.
Bar gold eis Cd.
Money. 1A per cent.
M Discount rates Short bills. . 5-fs per cent
three months bills. cMdo 7-l6 per cent.
Two and one-half per cent conscls. 56N.
British per cent war loans, 9ait
British 4ia per cent. war loans. e5is
DO Beers, 1874
Rand Mines. oN.
The New York herald., 1922-06-08
MEXICAN CONFERENCE TODAY.

The usual afternoon session OF the
International Committee on Mexico was
omitted yesterday. its business Of the
day being accomplished in the morning.
No statement other than that the con-
ference would Re continued to-day was
made
The New York herald., 1922-06-08
SHELL TRANSPORT DIVIDEND.

The Shell Transport and Trading
Company Ltd, has declared a dividend
of 3s. Sd. share of it's ordinary shares
according to a cabled message received
yesterday by the Equitable Trust Com
pany of New York. That amount is
equivalent to 7s for an American share.
The dividend Is payable in London on
July 5. The date and amount due on
shares held in the United States will be
announced later.