davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-08-02
DECLINE IN COTTON
CROPS CONDITION
Drop of Oh Point, Indicated
i'm One MOnth-Weevils in
Most of Acreage.

WASHINGTON, Aug. This years
cotton crop was placed at IL. 449,000 bales
OF 500 pounds gross weight in the second
forecast OF the season announced to-day
by the Department of Agriculture, bas-
ing its estimate on the condition of the
crop, July %, which was 70.S per cent.
of normal. That compared with the
condition of June 25, which was 71.2
per cent. of normal The first forecast
of the season placed the crop at II, ,065,-
900 bales of 500 pounds gross weight. In
the last ten years the average change
in condition between June IS and July
25 was decline of 3.9 points, as against
one Of 0.4 point in the present year.
The condition of the crop on July 20
by States follows:
Virginia. so; North Carolina, IS;
South Carolina, 60; Georgia 54 Florida.
65 Alabama, TO; Mississippi, IA; Louis
lana. 10; Texas, 72; Arkansas, 81; Ten
nessee. S. Missouri, 90 Oklahoma, rs !;
California, IS; Arizona, Sc, and New
Mexico, S5.
The acreage Of cotton abandoned to
July was summarized at IL per cent,
the department announced in supple
mental statement issued in response to
Senate resolutions.
The final outturn of the crop, the de-
partment announced, may be larger or
smaller than forecast to-day as condt-
tions developing during the remainder
of the season prove more or less favor
able than average.
Crops of previous years and the July
25 condition In those years follow
The New York herald., 1922-08-02
COTTON PRICE RISE
NEARLY SO A BALE
Bullish Government Report on
Crop Causes Heavy Buy
ing Of Futures.

From the dull rut in which It has
market suddenly emerged into a period
Of great activity yesterday. aroused by
the Government crop report, which
proved to be sensationally bullish. In a
wave Of buying orders, that included
purchases by the trade, Wall Street, up-
town interests and commission houses
generally, prices shot up from ia, to
ls4 points, or about 50 a bale.
The rise carried October to % g5 and
March to 22S0, these prices being within
about 10 to 80 points OF the high prices
of the season which occurred imme-
diately following the previous Govern
ment report month ago.
The trade had been fully prepared for
a condition figure Of between 73 and "a.
comparing with ten year average OF
73, and were naturally much astonished
at the condition of 70.S which the Gov
ernment report actually showed. The
report was the more surprising mas
much as many Of the traders had based
their opinions OF prospective improve
ment on the weekly weather and crop
reports OF the Government. which had
undoubtedly indicated Improvement dur
ing the month
To complete the bullishness Of the re-
rort an acreage abandonment Of IL
per cent. was shown, which was very
much greater than the overage aban-
donment. The crop indication as fig-
ured In the crop report was 11,449. 600
bales. None of the private crop con-
dillon figures was as low as the Govern
mcnt's and this fact added much to the
strength of the market when the figures
were published.
Tho opinion created by the report was
that damage from heat In the South
west and by boil weevll in the East
had been greater than the trade had ex-
nected. The fact that no relief has
come In Texas and Oklahoma since the
report was compiled led many to buy
cotton on the idea that present condi-
tions must therefore be even worse than
the crop report indicated up to July 25
Yesterdays reports from the South
east were especially unfavorable. In
Oklahoma all stations reported tempera-
lures IN excess of 100. while in Texas
and Oklahoma together fully forty-two
stations reported maximum tempera-
lures ranging from 100 10 100. Some
OF the private advices noted a very
serious condition. others declared that
the crop could stand the heat for an
other week, after which Il would begin
to deteriorate fast. East OF the Mlssis-
sippf there was scattered rain and con-
siderable heat.
Boil weevil were referred 10 In most
dispatches as being very active. and n
summary OF the report OF the Depart
The New York herald., 1922-08-02
FINANCIAL NOTES.

Kean, Taylor & Co. announce that John
Edward Maynard. formerly with Tucker. An
thony Co., has become associated with
them In charge OF the distribution OF aecuri
ties.
Harold M Gartley, formerly with Nicho,a
Stone. has become connected with the bond
department Of Renhart Bennet.
The Chatham and Phenix National Bank has
been appointed trustee for the Beaver Boa rd
Company's s.. .000, 900 II year 8 per cent coll
lateral trust gold notes.
Mlett. Roe & Hagen have prepared an
ANALYSIS OF the position OF the Canadian Pa
ciflc Railway Company.
Logan Bryan will open seasonal branch
offices after August ! at Poland Spring
House. South Poland. Me-. and AT Mount
klneo House. Moosehead Lake. Kineo, Me.
Herrict. Berg a Co. announce that Harry
@. Cushing I'd has become general partner
~ their firm.
Tho Guaranty Trust Company OF New York
announces that on and after August 3, 1922
Missouri Pacific Railroad Company first
and refunding mortgage per ceft. series u
Eold bonds in definitive form. with coupons
due February 4. 1923. and subsequently at
tached, will be delivered in exchange for
temporary certificates upon presentation OF
the latter at 40 Broadway
f'ellowcs Davis a Co. have issued a cir
cular analyzlng the Missouri Pacific Rail-
road Company.
". n, Mcconnell & Co. have issued for
distribution an analytical review on the in
vestment situation.
The American Trust Company has set aside
about 200 feet additional floor space IN its
main Office, Broadway at Cedar street for
the trust, registration and transfer depa rt-
ments. Stuart D. Preston, assistant secre-
tary. will be in charge. assisted by Raymond
4. Watson, formerly OF the Guaranty Trust
Company
Mcdonnell & co. have issued their monthly
circular giving details of current rights and
scrips.
Harry j. Tafnke, formerly with Hornblower
Weeks, has become associated with r.. s.
department
y. ". Cunningham. formerly in charge OF
tho trading department OF w. w. Sutton a
Co.., has rcopened olices under his own name
at "a Broadway. where he will continue Ia
specialize In new Issues
The New York herald., 1922-08-02
SO YEARS A TRUSTEE, RESIGNS
r. w. Stevens Leaves Board of
N. Y. Life Insurance and Trust Co.

Frederic w. Stevens, who has been a
member of the board Of trustees of the
New York Life Insurance and Trust
Company for half a century. rendered
his resignation at the regular monthly
meeting of the board yesterday The
board accepted the resignation and
adopted resolutions recognizing the long
service of Mr.. Stevens, declaring that
during the panics of 1873, 1884, 1898
and 1907. and finally during the ex-
traordinary conditions produced by the
world war. Mr.. Stevens always placed at
our disposal his wise judgment and his
knowledge OF men and affairs"
When Mr.. Stevens was elected to the
board In August. 1872, its other members
were leading financiers OF that day. in
cluding John Jacob Astor, William III.
Aspinwall. James COLES. William Earl
Dodge. Jr.. Meredith Rowland, John T..
Johnston. John !. Jones, Robert l.. KEN
nedy, James r. Kernochan. Thomas w.
Ludlow. Henry Parish, Robert Ray. To-
seph Sampson, William G. Schermer-
horn. George T. Strong. Moses TayIor
and John ID. Wolfe.
The New York herald., 1922-08-02
WOULD END MOOSUP STRIKE.

MoosuP. Conn, Aug. AT a meet
Ing held here the business men of the
town decided to send a committee to
confer with the owner Of the Moosup
Mills In an effort TO settle the strike
which has been in effect several weeks
The action was taken after a futile ef-
fort by Selectman Henry Bessette, the
Rev. Mccarthy and others to induce
settlement. The strikers are said to
have agreed to concede about everything
except their union rights. Reports say
that less than a score of skilled hands
have reported for work.
The New York herald., 1922-08-02
PHILLIPS-JONEs INCOME.
Corporation shows S6.O2 Share
Earned on Common stock.

The report of the Phillips-Jones Cor
poration for the fiscal year ended with
June shows net income of s676.24O after
charges and taxes. which is equivalent
to $500 share earned on the outstand-
ing common stock after preferred divi-
dends. In the preceding year the COM
pany's net earnings amounted to $751;
729, or s6.66 a share. on the preferred
stock.
Sales for the year were s10,317.396.
against s7,25s,75s. and costs s6,595. .466.
against $5.116,242. Expenses amounted
to S2,619,606 and other income ss5.226.
while $491,310 was charged off for in
terest, taxes &c.
The New York herald., 1922-08-02
HIDE & LEATHER EARNINGS.

The American Hide and Leather Com
pany's deficit for the second quarter Of
fe22 was s12.204. which compares with
s23,22f deficit in the preceding quarter
and with $251.644 surplus in the second
quarter Of 1921. For the six months
period there was deficit of s35.425
Extraordinary income of s495,000 re-
ceived for fire loss was not included in
the six months statement, and this item
gives the company surplus for the six
months Of s459,575.
The New York herald., 1922-08-02

ment on the percentage of the belt in
tested by boil weevil shows an average
of S0.2 per cent. as reported by county
agents and an average OF 7l.3 per cent.
as reported by cotton reporters.
Spot cotton in New York was steady
and 110 points higher at 22.55 for mia
ding; sales nil. The New Orleans spot
market was steady. 125 higher at 22.5O
Its sales were $50 bales.
The New York herald., 1922-08-02
GENERAL CIGAR REPORTS.

The General Cigar Company reports
for the first half OF 1922 net earnings
after charges and Federal taxes of
n.016,075. or s3.S3 a share, earned on
the common stock after preferred and
debenture dividends. This compares
with s3.e2 N share earned in the same
portion Of last year. Gross income was
s3,s61.477 and expenses. taxes, &C..
s2S76,777.
The New York herald., 1922-08-02
STATISTICS.
LIVERPOOL.

Spot cotton quiet. at 1s points decline;
middllng, 12.S7d. Sales. 1000; American.
5000. Imports. 5000; American. 1000. Fu-
lures opened quiet, at to 3 poiuts advance.
Closed steady. Mt net advance OF 81 TO 20
points; October, 12.6sd.; December. f2.5id
January, f2.43d.: March, 1238d Nav.
II 25d. Manchcster-Yarns quiet; cloths dull.
The New York herald., 1922-08-02
wILLYs CLAIMS SETTLED.

oToLEDo. Ohio. Aug claims in
volved in suit recently filed by the
Willys Corporation of New York against
the Willys-Overland Company of Toledo
were settled in Federal Court to-day
when Judge Killlts accepted a COM
promise offer of $750,000. which the
Overland Company will pay within one
year.
The New York herald., 1922-08-02
NEW FEDERAL BANK BUILDING.

WASHINGTON, Aug. consent OF Con-
gress for construction OF a building for
tho Detroit Federal Reserve Branch
Bank Is given In bill passed BY the
Senate. The bill now goes to the House.
The New York herald., 1922-08-02

County agents reported S0.2 per cent.
and reporters of the crop reporting
board estimated 71.3 per cent. of the
total acreage was infested by the boil
| Weevil
The New York herald., 1922-08-02
DIVIDENDS.

Stock of
Record. Payabls
Otto Eiscniohr Bros. a..
&1.2J ............ .... .hu&. aug. ~
General Asphalt Co.. pf., a..
&1.ga ........s..... sss. aug. ~ sept. !
General Asphalt Co.. pf., a..
ST. % stock. ............... Aug. 10 sept
American Smeiters Sccuri-
ties Co.. pf., a., ID. Yi.25. Sept. Is Oct. I
American Shelters Sccuri-
ties Co.. pf., A, S1.50. 49,. Sept. i5 Oct. 4
The New York herald., 1922-08-02
.4dpitsry D1sffo,s:

~S'SWJ
CHARLES F. AVER, Boston, Mass.
Director, Old Colony Trust Company.
Director, Columbian National Life
Insurance Company.
Director, New England Telegraph &
Telephone Co.
HENRY R. BARRETT, Attorney, White
Plains, N. y.
Treasurer, Lawyers Westchester
Mortgage s. Title Co.
Director, Citizens Bank, White Plains.
F. HIGHLANDS BURNS. Baltimore,
Md.
President, Maryland Casualty Co.
President, Maryland Assurance Corp.
Vice-President, Western National Bank.
F.A. DRURY, Worcester, Mass.
President, Merchants National Bank
AMORY ELIOT, Boston, Mass.
Chairman, Board Of Directors, Webster
& Atlas National Bank.
Trustee, Suffolk Savings Bank for
Seamen and Others.
RUSSELL G. FESSENDEN,
Boston, Mass.
President, American Trust Company.
Trustee, Union Safe Deposit Vaults.
F. MURRAY FORBES, Cabot, Cabot &
Forbes, Boston, Mass.
Director, State Street Trust Company.
Trustee, Suffolk Savings Bank for
Seaman and Others.
HON. HAROLD J.sGROSs.
Providence. r. l.
Lieut.. Governor, State Of Rhode Island.
Director and Member Executive Com
mittce, Industrial Trust Company.
ice-Presdent, Union Trust Company.
FLORRIMON M. HOWE,
Providence, r. |.
vice-Presdent, Industrial Trust
Company.
Director, Providence Gas Company.
STUART S. JANNEY, Baltimore, Md.
ofJanney, Stuart & Ober, Attorneys.
Director, Title Guaranty & Trust
Company.
HON. AUGUSTUS P. LORING,
Attorney, Boston, Mass.
President and Trustee, Suffolk Savings
Bank for Seamen and Others.
Director, Waltham Watch Company.
Director, Massachusetts, Hospital Life
Insurance Company.
President, Plymouth Cordage Company.
UYLOWELL, Architect, New York and
Boston.
Architect for 100000 Court House,
New York City.
EUGENE L. NORTON, Baltimore, Md.
President, Atlantic Trust Company.
Vice-President, Calvert Mortgage
Company.
NATHAN D. PRINCE, Hartford, Conn.
Vice-President, Hartford connecticut
Trust Company.
Treasurer, Killingly Trust Company.
Member of Executive Committee,
American Bankers Association.
vicc-President, Windham County
National Bank, Danieson, Conn.
HON. WILLIAM L. RANSOM,
Attorney, New York.
of Whitman, Ottinger & Ransom.
Counsel lor Consolidated Gas Company
of New York.
VIM. RHINELANDER STEWART, Jr.,
New York.
Vice-President, John c. Paige Company.
Director, Hamilton Fish & CO., Inc.
c. BARNUM SEELEY,
Bridgeport, Conn.
President, Bridgeport Trust Co.
Director, Bridgeport Hydraulic
Company.
VIM. A. TUCKER, Tucker, Anthony &
Co New York N Y.
Director, Columbia Trust Co.
Director, National Surety Co.
BAYARD TUCKERMAN, Jr,
New York and Boston.
Of O'Brien, Russell & Co.
Director, National Shawmut Bank.
HAROLD wESSoN, Springfield, Mass.
President, Smith s. Wesson Arms
Company.
Director, Chicopee National Bank.
ALEXANDER WHITESIDE, Attorney,
Boston, Mass.
Vice-President and Member of Board of
Managers, Boston Provident
Association.
Director, National Union Bank.
The New York herald., 1922-08-02
MONEY MARKET.
TfrEsnAY

TUESDAY. AUGUST /. 1922
High. Years hgh....... g +
Low. Years low........ 2a<
TIME LOANS.
Mixed collaterais, so 10 30 days. ANNA
Mixed colaterals, TO months. 49,. dt44
Industrials, 60 10 30 days. ........... 3xdf4
lndustrtals, to months. .......... 14X
COMMERCIAL PAPER.
Hest names. to d months. ......4
Other names. 10 months. .......4 14L
" DISCOUNT RATE, RESERVE BANK
sCommerciai paper, s15 days 4: 60 70 40
days. 4: Liberty bonds and Victory notes Is
days, a; 10 to 30 days 4; bankers accent
anccs. 10 10 90 days,
sFixed June 21. Previous rate, ~, fixed
November 2. 1921
0rEN MARKET RATE.
call loans and acceptances. .......... 3i1q.
discount rates prime bankers accent.
spces eligible for purchase b. -r.Srrai RE-
Bid. Ask. hid. Ask
% dsys..... sM % days, ~ 4
CLEARING HOUSE STATEMENT.
Clearing house exchanges sns3 400 600:
balances. xT3, 800 900: Federal Reserve credit
balances. s37. 100000.
SILVER MARKET.
Official bar silver IN New York domestic
enxc., unchanged; foreign, 69isc. unchanged
Lpndon, 35itd., off Nd Mexican dollars.
n13$c.. unchanged
Mango Of silver prices this year:
" Highest. Lowest
1pndon ...... 31hd.. May 20 32hd.. FEB. rs
The New York herald., 1922-08-02
UNITED STATES TREASURY STATEMENT

Dispatch to THEN xw YorxH
New YorkHe eau.l
wash c.,
The New York herald., 1922-08-02

Revenue receipts and expenditures as at clio
The New York herald., 1922-08-02

'eces and sers in July inudsd
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-05-10


To the Voters of Gallatin County:
A public meeting is hereby called
to- be held in the Chamber of Com
merce grain room next Thursday
evening, May 18, at 8 o'clock, for the
purpose of organizing a club in Gal
Ekin county for the repeal of the di-
rect primary law and for the selec-
ton of delegates to attend a state
convention to be held in Helena on
Saturday, May 20, 1922.
This call is made pursuant to a
call made by the Dillon Primary
Election Repeal Club, issued on April
%, at Dillon, Mantana. At this meet
ing a permanent organization will be
effected, and the following officers
will be chosen; Chairman, vice chair
man, secretary and treasurer. There
win also be an advisory committee
consisting Of Is members. Every
voter in Gallatin county is urged to
attend the meeting. The meeting
will be strictly non-political and ev-
eryone will be expected to express
their opinion.
w. j. FRANSHAM,
Chairman Republican County Central
Committee.
PAUL J. DAVIES,
Chairman Democratic. County Central
Committee
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-05-10

on Memorial Day to meet in some
slight way the dept it owes TO its he
roes by keeping their memory sacred,
and paying them honor and respect.
Likewise, on Mothers Day, grateful
sons and daughters, reallzng that no
material reward CAT pay DE debt they
owe to their mothers, attempt to in
dicate their respect and love by wear
ing some symbol like the flower, and
by rendering some kindly service
making a visit, performing some deed,
writing a letter, or sending flowers.
Memorial Day has a double pur-
pose. 1t is not only an effort TO
honor the soldier, keep sacred his
memory, and give suitable express
sion to our appreciation of his serv-
ices, but it is also for the purpose Of
creating patriotism and inspiring the
youth of the land to defend their
country, if need be, and TO strive to
promote its highest welfare. just so
Mothers Day has p two-fold meaning.
It of course is designed to crown
mothers with a wreath of honor and
loving affection. But it would also
teach young people who are looking
into the future that motherhood is a
very exalted relation. It would teach
US to honor and respect motherhood
higher than any other relation or oc-
! cupation in life.
But as we look upon mother and
our mothers love as the finest ex-
preston Of the divine now on earth,
as we all cherish her memory as sa-
cred, the day readily takes on a re-
ligious significance. Along with
Easter, it has taken its place as a
special church day, and it car be no
more fittingiy kept than by partici-
pating in or attending the church of
our choice on that day.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-05-10
SOCIETY CIRCUS.

Continued from page one)
men of the World in their rehearsal
last Friday night at the "Y" gym re-
marked, 'That drill rs going to be
worth the entire price of admission"
Sounds fine, better not miss this as
you are sure to be sorry.
The clowns again have a number
of surprises in store. If you don't
laugh, you should see a doctor.
The Troublesome Laundry is a very
typical scene, in which we see the
trials of an oriental while trying
to tend to his own business.
Now the artist Of the evening ar.
rives, and he guarantees to draw
anyone's picture, providing you car
sit still long enough.
AS a fitting climax to the wonders
Of the evening, we next follow th'
work Of the Pyramid Builders.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-05-10

with a talk on "Art in the Garden."
Some of the outside speakers will
appear one evening.
Rates of a fare and one-half on
the certificate plan have been grant
ed by the railroads of Montana, and
if the weather is pleasant, many will
come by auto for the convention. Mrs.
J. R. Parker, chairman &C the local
board, has already had applications
for rooms, and will be glad te-Sake
reservations for the delegates ard the
visitors.
The program committee is COM
posed of local club women and in
cludes Mrs. Tina B. .Herrick, chart
man; Mrs. j. ?. Fabrick, secretary;
Mrs. Stuart Lovelace, Mrs. R. P
Seidlitz, Mrs. r. o. Wilson, Mrs. E.
L. Houston, Mrs. w NJ. Cobleigh anc
Miss Gladys Branegan.
Inc local a OF arrangements Is
composed of Mrs. J. R. Parker, chair.
man; Mrs. Raymon Beck. secretary.
Mrs. R. c. Purdum, railway trans.
portation; Mrs. w. S. Erwin, loca
transportation; Mrs. S. N. Arnett
Representation; Mrs. j. NJ. Hamilton
and Mrs. r. J. Cunningham; conven
ton arrangements; Mrs. H. S. BueI
and Mrs. w. E. Joseph; entertain
ment; Mrs. F. S. Cooley, Mrs. E. J
Hines and Mrs. r. P. Bailey; bureal
Of information; Mrs. w. S. Davidson
auditing and financing, Mrs. Waltel
Aitken, head usher, Mrs. Raymol
Beck.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-05-10
CoNLEY HAD NO AUTHORITY
CONTINUED from page one)

Continued from page One)
fed the hogs that produced that pork.
Attorney General Rankin said his
purpose was to show through the wit
ness Fried that 20 gallons a day of
milk for which the state had paid
s cents a gallon had been used for
swin that was fed the hogs which
Gonley had sold himself as warden.
The attorney general contended that
the testimony was admissible on the
ground that an officer Of the state
cannot make a profit off the state by
the pork going back to the state anc
the state paying for the pork. The
attorney general took Attorney
Choate to task for SO delaying tht
proceedings and also for the attempt
of the defense to keep from the rec.
ord testimony of such a character
Judge Horsky, however, admitted thu
testimony of Fried, as to the use o.
the prison milk, subject TO objection
and to be decided upon later.
Fried then proceeded with. a de
tailed account Of how great the guam
titles of milk taken to the prison
kitchen to feed the inmates was onl!
carried out again to be fed the hogs
He was closely crosseNamined TO
the defense by Attorney Choate, AM
instead of his testimony being broker
down in any particular, it seemed T.
grow stronger as he proceeded.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-05-10
D~EACONEss HOSPITAL.

CONTINUED from page onel
from the conduct of our WI lives
to maintaining the government Of
great countries, unless a standard Is
set, 10 reach which a constant effort
has to be made. In religion, in ed
ucation, it is true, and the fact that
the hospitals of the United States are
now considered models for such IN
stitutions all over the world, is large
" due to the framing by the Ameri-
can College of Surgeons, and by the
National League of Nursing Educa-
ton of standards for the conduct OF
hospitals and training schools, that
aim at perfection Of service to the pa
tient. for that is always the object
of all hospital regulati0ns-service to
the patient. The Bozeman Deaconess
Hospital We must remember, really
contains two institutions. the hospital
for service to the public and the train
ing school for nurses.
"The training school turned out it,
first class in 1915, consisting of one
Young oxna This years class con
tains six graduates After gradual
ing from our school, the nurses take
the state examination for registra
ton, on passing which they are legal
" registered nurses and are acceptet
as such without further examination
in most Of the states Of this country
which shows that Montana require
ment are as high as those of othet
states. While our graduates have al
ways passed this examination will
high grades, those finishing th'
course from now on will have a much
better equipment for their profession
than the earlier graduates, as tbs
standard set by the state law is be
ing raised IRON time to time. W.
may now accspk no students who hav'
not had a high school education o.
it's equivalent, ard the academic worn
is becoming more comprehensive
every year. Besides the class work
done under sha superintendent for
several years the doctors have besr