davidaulloa/AmericanStories huggingface dataset:
White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1922-08-27

A new accident preventive for auto
mobiles. which protects car, driver. pc
destrian, and the other fellows car as
we'll, Is now being manufactured af-
ter two years Of experiments with the
original patents. IL is an automatic
brake and ignition control. and Its pur-
pose Is the minimizing OF traffic acct
dents; the prevention Of accidents
while cars are parked, and the reduc-
tion of injury to cars or to pedestrians
when accidents occur at high speeds.
The vast majority of automotlye acci-
dents. however. occur at speeds below
Is miles an hour. Little short OF a
miracle can avert disastrous results In
accidents when the automobiles are
travelling at high speeds. so that the
developers Of this device have devoted
their attention to the production OF an
attachment which will prevent, and,
where impossible to prevent, min
lmize, the results OF collisions and
other accidents at lower rates of
speed. notably in traffic In cities, In
White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1922-08-27

~ EuSSIF8

A new owner OF an automobile
when searching for trouble. often ere
ates more than he finds.
A carburetor should not be adjusted
until the engine Is run until 1t has al
tanned the heat II would normally de
velop on the road.
Go over the electrical system and
see that all loose wires are fastened
and loose connections attended to. Test
the battery and, II necessary, have 1t
recharged to capacity.
White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1922-08-27

ton and yea result. II the majority
of the motorists realized that such
conditions can be very largely over.
come by using a quality oil at a high
er initial cost. a great deal Of trouble
with most automobiles would be elm
mated.
White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1922-08-27
The Greatest Obstacle to the Proper
Development of Technical Training
BY SAMUEL INSULT, Chicago Industrial Leader.

The greatest obstacle to the proper Development of technical train
ing of the future is the lack of close cooperation between the authorities
of the great technical educational institutions of this country and the men
who have charge Of The great industries for whom the graduates of these
institutions have finally got to go to work.
In these days Of specialized business, think it ia pathetic to see a
young person, who has to make his or her career, taking a purely academ-
ic education and expecting to go out into the world and compete with
those who have specialized in their education. No greater service could
be performed than to direct the minds of these young persons in some
specialized channel.
You educators are moldng the raw material. We have the plant
to help you produce the finished product. Both of us want to help the
young man and woman along. You can be of great help 70 Is On the
other hand, we men leading the great industries of this country can be OF
great help to you, and between us we can be of infinite help
White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1922-08-27

BUSINESS Today Is Conducted on a Higher
Plane Than Ever Before
By E. H. GARY, U. S. Steel CORPORATION.

During the last decade the worlds ST rueturo of
.Nni1a'oh mas been threatened. assaulted and dam
aged' even to Its foundations. At times faith in a
merclfni and allwlse Providence has been the only per-
lec' assurance OF safety. We are emerging from under
the clouds OF doubt and fear into the sunlight of hope
and confidence, and with feelings of gratitude we may
calmly survey our somewhat battered institutions in
order to determine what, if anything, can be done to
repair and restore them and make them frmer and
stronger than eyer before Our country IL do;nn anl
New-York tribune., 1922-10-26
Rail Shares Tn
As I1ldustrials
Drop Slightly
Actual Changes at Close Are
Small; Buying Of Stocks
OF Carriers Encouraged
by Dividend Action q

Further irregularity, rejecting thf
speculative cross currents, character
ized the principal markets yesterday
Az the Stock Exchange spectators
again disseminated in favor of the
railroad and public utility issues and
against the industrials. After a da,
OF vacillating quotations, however, the
actual net price changes were slight
Buying of the rails was encouraged
by the, confirmation by two boards Of
directors in the last two days of th.
view that the earning power Of the
stronger railroads has been sub.
| stantially heightened. The restora.
tion Of the Pennsylvania to a ne,
cent annual dividend basis came q da,
after the directors Of Norfolk g. West.
ern had declared an extra dividend
The latter action facilitated the de.
cision of the Pennsylvania board
since Pennsylvania holds stock OF
Norfolk g. Western and benefits from
the extra dividend. Expectations Of
possible mergers and profitable earn,
ings lie behind the present tendency te
acquire railroad shares, which yester.
day closed fractionally higher. Penn.
sylvania rose to the highest level
since 1918.
The easiness Of Industrial share.
represented primarily selling In those
quarters where previous speculation
for the rise had been most active, and
also indicated some discrimination
against special industries which have
not been helped by the general re-
cent revival Of trade. In essence the
present movement Of prices involves a
readjustment of the technical position
| of the market.
! More striking thas the desultory
| flow Of quotations in stocks was the
/ further rise Of cotton quotations to
the highest levels Of the season on the
resumption of trade and speculative
buying after a period Of profit taking
Final prices were Is TO 20 points up
| The great rise in cotton. attributable
primarily to short crop and effective
eating into the holdover, places the
Southern farmer in more favorable
position than agriculturists in, other
parts Of the country, and perhaps
foreshadows the liberating of the
South from the depressing effect Of
! def1ation and frozen credits. Reports
of drought in the West led to rise of
~ to 2K cents bushei in wheat quo
tations.
Francs and lire declined to new low
/ levels for the year, as result Of the
growing uncertainty Of the Euro
pean economic situation.
New-York tribune., 1922-10-26
LIN Wall Street
The Strength Ii Reading

The advance In Reading yesterday fs
a now high for the year not only con-
firmed the reports that the floating
supply had beer reduced by accumula-
tion at lower levels. but also was ae7
conpanied by rumors that the company
would be the recipient of additional
funds resulting from an extra dividend
distribution by the Central Railroad OF
New Jersey. or the $27 ,436, 800 Jersey
Central stock outstanding $I4 10000 is
owned by the Reading company.
Under the Reading segregation decree
signed by the court on June 8, 1921,
these holdings were to be placed in the
hands CT trustees until favorable
TING for sale. 1t is considered that
such large block of stock is likely 90
be eventually taken over by d syndicate
similar to the one that acquired the
Jersey Central's holdings of the Le-
high ard Wilkes Barre Coat Company.
No information could be obtained yes
terday regarding the possibility of an
extra Jersey Central dividend, but at
tention was called to the fact that dl@
rectors are scheduled to meet, to-day.
New-York tribune., 1922-10-26
Byram ON st. paul,s Plans

Fl. E. Byram, president of the Chi
cage, Milwaukee & st. Paul, in town
yesterday on one of his occasional
visits, added his denial to those previ-
ousiy offered that the st. Paul had had
any discussions with the one-time Hill
roads looking toward merger with
them. The Interstate Commerce Com
MISSIONS tentative grouping assigns
the st. Paul to the Great Northern. Mr..
syf admitting that HIS road would
probably eventually line up with one
of The liill lines, said that he would re-
serve for the hearing before the COM
mission his view as to this particular
amalgamatioh. He said that earnings
o. the st. Paul were running ahead Of
last month and Of last yea.s. asA 81
who accompanied directors of the road
OF recent trip over its lines reports
It's ply condition far better than
he had anticipated
New-York tribune., 1922-10-26
Whus's Behind
Active Stocks !?
33--Austin. Nichols & Co.

y
Austin, Nichols & Co., in its
present form, was incorporated IN
1919, succeeding to business estab-
lished in 1855. The company inn
ports, packs, manufactures and dis
tributes food products, doing a gem
eral wholesale grocery business.
I hrough the Fame Canning Com
pany it operates nine plants in Illi-
nois, Wisconsin, Indiana and Mich
igan. 1t controls the Wilson Fish
cries Company, which in turn owns
the entire capital stock Of ten
smaller companies Incorporated in
the State of Washington. Prop
critics and equipment were carried
in the January 81, 1922, balance
sheet at s4,0o0,000 On that date
the company had 81 ,200, 900 cash
and $3 .082, 600 accounts receivable.
Bills ard accounts payable amounted
to S5,I32 COO and current assets ex-
ceedea current liabilities By s4,4SS,-
coo. The net assets appiics BILE to.
the 10000 shares of no par value
amounted TO s3,5t0,0Ge, or s23. 40 a
share. This common stock is pres
ceded by $5,I1d,90g of "a per. cent
cumulative pgeferred stock, on which
dividends have been paid regularly
since the formation Of the present
company. Three per cent Of the
preferred stock Isl to be retired
every year. There ia no funded
debt. No Dividends. have ever been
paid on the common steek. The
company had d deficit Of $343, 900
after preferred dividends In the
fiscal year ended January Be, 1922
In the previous year il earned at
fiscal year amounted to s2ss $40.
Range os common stock. High,
z0ass in September, 1892; low, 8, In
1920; yesterdays eis se. SO II.
New-York tribune., 1922-10-26
Dawson Chemical

A further collapse in Dawson Ghemi-
cal yesterday carried the price down
to q new low for the,-Tear at 90 y,
compared with a High Of 65ss. When
the stock was being toatcd for q big
advance much talk was heard about the
possibilities of its silica gel. process,
but of late little has been heard along
those lines, The suggestion was made
IN commission house circles that the
old pool III the stock had finally de-
cided to discontinue its operations be-
cause of the uncertainties surrounding
"sllica-gel J" process for refining gas
cline. 7
New-York tribune., 1922-10-26
Acceptance Rates Advanced

A further marking up of acceptance
rates occurred yesterday, bringing quo
tations on bankers bills / per cent
aoo.e the levels prevailing only slight
ly more than month ago. On thirty,
sixty and ninety day bills the bid and
asked rates are, respectively, 4H and 4
per cent, although not all dealers con-
form to this schedule. The rise is re-
garded as bringing acceptance rates
moro in line with money market conds-
tions generally and as likely to stimu-
late interest in the market At present
Moia .ntss. are IN excess OF demand, but
inquiry, is picking up, both locally and
from out-of-town institutions.
New-York tribune., 1922-10-26
New Treasury Loan Below Par

The apparently large unsatisfied de-
mand Tor the new Treasury AZ per cent
bonds, indicated by the margin of near
ly s9oo,00o,o00 between applications
entered and subscriptions accepted
has. failed to support the bonds at par
or better They broke through par to
99.9S yesterday in only moderate trad
ing. There is quite little talk of
switching from Libertys to the nav
bonds being in progress. The weak-
ness of the former would tend to bear
this out, but the market for the new
Treasury issue does not reflect it.
New-York tribune., 1922-10-26
Seneca Canner

In a statement yesteraav Thomas F.
Cole, president of the Seneca Copper
Corporation. denied puDlssue., roro4 -
that suit for "a large sum OF money
was to be instituted against Walter
Lewisohn end some OF his associates.
"The corporation announced Mr.. Cole,
latter Investigating the basis OF a
business dispute authorized It's officers
to adjust all matters in controversy
with Mr. Lewigohn."
New-York tribune., 1922-10-26
What Is Happening to Liberty nand


The real facts underlying the de-
cline in Liberty bonds are hard to get
at. Trading was not particularly ac-
tive yesterday, vet the Liberty Az per
cent loans continued their downward
movement, losses ranging UP to IL
cents per 500 piece. The absence of
heavy sales served to disproye the
theory of extensive liquidation, while
the theory that banks are selling their
holdings was disputed by several
authorities. OF interest in this con
nection are the statements that the
holdings of Ave OF the leading com
mercial banks in the financial district
have not been reduced and that at least
one Institution is adding to its hole-
ings on every dip. TIE banks did sell
Liberty bonds during the summer to
switch to securities yielding higher
return. That they are continuing TO
liquidate Liberty bonds to provide
funds. for their customers is at least
debatable. A more reasonable view Of
the decline is that, in the ease of
Liberty bonds, the natural reaction of
bond prices has been accumulated by
the diversion into 'he
funds that would otherwise have gone
to support outstanding goyernlnens -
sues.
New-York tribune., 1922-10-26

Bank Clearings--Bank clearings at
New York yesterday were: Exchanges,
s720, 100000; balances, s7o,0o0,000.
Silver--London, "a 5-16d; New York,
domestic bar, 99Mc; foreign, 67Ac.
Mexican dollars, 51Ac.
New-York tribune., 1922-10-26
Money and Credit

Money opened and renewed yester-
day at an per cent. Funds were in
ample supply at this rate during the
early session. but later the charge
hardened to 41a per cent. Time funds
were offered on a fairly liberal scale,
with scattering business fog short
periods at Az and AK per cent, but
with per cent generally required on
all loans of longer than ninety days.
New-York tribune., 1922-10-26
The Dollar i'm Foreign Exchange

Transactions in foreign exchange
yesterday showed the same general
trend prevailing. Sterling held fairly
steady, but French francs continued
under pressure, dropping to q new low
record for the year below cents.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-06
DEMPSEY AND WILLS
FIGHT AT HUB
If Harry Frazee's Offer Is Accepted
the Bout Will 30 Pulled OF in
Massachusetts,.

BOSTON, Mass, March 5.--If Harry
Fracee's offer of s350,000 TO Jack
Dempsey for a bout with Harry Wills
is accepted, the battle will not be held
at Fenway park. members OF the state
boxing commission said today. The
owner of the Boston Red SoN men
toned either the American leaguer's
home grounds or Boyles thirty acres"
in Jersey City as sites for the proposed
match.
Eugene Buckley, chairman of the
commission, was quoted as saying that
such a bout would hurt local boxing.
''The attitude of the commissioners
from tn estart has been not to allow
such bouts" said Mr.. Buckley, and l
know the commissioners have not
changed from that stand. The pro-
meters want to hold the bout for the
money they would get out of it, while
the commissioners are against it for
the sake Of the sport here"
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-06
BASEBALL GOSSIP
A LINE ON THE COLONIES.
(5y THE cus)


The Louisville Colonels will arrive
training stay. This club holds the title
of minor league champions. They won
the pennant in the American associa-
ton after a hard fight with Minneap-
oils, winning 50 games and losing TO-
for an average Of .5S3. A total OF 1853
games were played. Minneapolis, the
runner-up, won 80 games and lost 10.
AT the close of the season the Colonies
played series with the crack Baiti-
more Orioles, easy winners in the In
ternational league. Los Angeles,
champion of the Pacific Coast league,
did not participate in the series. Louis
vile defeated Jack Dunn's seemingly
invincible outfit five games out OF
eight.
The Louisville club is managed by
Of the credit of his teams success be-
longs. Mccarthy played second base
for several seasons before becoming
manager, succeeding F1aherty in 1919.
The Colonels were crippled several
times during the season, due TO injur-
les to players, Bethel breaking his
ankle in mid-season. The Louisville
leader imbued his men with some of
his indomitable spirit, however, and
the Kentuckians came out on top.
The past history of most of the play
ers is not available, but here is the
way the Colonies will probably line
up: Ernest Koob. Nick Cullop, Ben
lineup. Roy Sanders, Thomas Estell,
Tommy Long, pitchers; William
Meyer, catcher; Jayson Kirke, first
baseman; Charles Herzos, Bruno Bet
eel, second basemen; Joe Schepner,
third baseman; Pelham Ballenger,
shortstop; Roy Massey, left fielder;
Baldomero Aeosta, center fielder; Al
Ellis, right fielder; Ralph Miller, Tom
Gaffney, utility.
Jayson Kirke led the league in bat
ting, as well as being an excellent field
er. Charley Herzog has played on a
lot of major league teams, being the
backbone OF the Giants for several
sea sons Wayne Wright was the most
likely pitcher on the team last season,
but the st. Louis Browns had their
string on him and recalled him in a
hurry. Catcher Bradley Kocher, who
came to the Colonies from the Giants,
has been sold TO Toledo, leaving a gap
that one of the rockies must fill.
Manage Mccarthy will have his
hands full during the training period.
Several positions must be satistactor-
iIy filled, and rockies must be tried out
IL the Colonels repeat their triumph of
last season.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-06
TOMMY MILTON COPS FLIPPINC OF A COIN
Los ANGELES RACE DETERMINES SALARY
Wins the $50 Mile National Champion
ship Automobile Race at
Beverley Hills.

LOS ANGELES, March 5.-Tommy
Milton won the 250-mile national
championship race at the Los Angeles
speedway at Beverley Hills, near here,
today in 2 hours, Is minutes and %
seconds. Jimmy Murphy was second
and Harry Hartz, third. Millions time
for the distance was said to have been
within IS seconds Of the worlds rec
ord established by Jimmy Murphy at
San Carlos, near San Francisco, Dec.
II, 1921.
Millions average today was HOS
miles an hour. Peitro Bordino in one
lap whirled around the mile and a
quarter track In 80 AS seconds, an av-
erage of III miles an hour, said to be
the fastest time ever made on a mile
and a quarter track by carof 1SS
inch piston displacement.
Ralph DePalma was averaging 112
miles an hour when he was forced out
of the race by a broken piston.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-06
Babe Ruth and Col. Huston Settle
Salary of Home Fun King by
Matching Pennies.

HOT SPRINGS, Ark, March s.
5.-Babe Ruth has signed New York
American contract for five years ac-
cording to Colonel T. L. Huston, part
owner of the Yankee team.
The agreement was reached today
when Colonel Huston received word
from his partner, Col. Jake Rupert,
to go ahead and close the transaction
When asked what the terms of the
contract were, Colonel Huston said:
well 1t was a bank presidents SAL
airy, but there are bank presidents and
bank presidents. This one have in
mind wasn't the president of a country
town bank"
1t was learned tonight that when
Colonel Huston and Ruth were try
ing to reach an agreement as to the
salary to be paid to the :"home run
king" they were widely separated.
Compromises were made by both, it
was said, and they were still apart
and repeated arguments had failed.
Then Wen match a penny to see
whether I get it or whether I don't"
null ID Sei4h ~ navy IA CpoSCos
They matched and Ruth's penny
won.
According to the terms OF the con-
trait, Ruth will wear a New York
American uniform for the next five
years. No information was obtainable
tonight If the document included a
behavior clause that would prevent
Ruth from participating in games
played after the close Of the regular
season.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-06
OLYMPIC TRACK MEN
OPEN TO CHALLENGE

The Olympic Athletic Club viii close
us basket ball program soon. Only two
more games remain on the list. Clubbs
school and the Pee-Kays.
A track team is being organised and
practice will be held twice weekly. The
elnh would like TO arrange track and
faald meets with other junior organize :
tions in this city, such as Clubbs. School.
Troop 2. Troop 4. Troop 5. Flying
SQUADRON. Pensacola Racing and Athletic
club ana others. A meet would en-
brace sneh events as running high jump,
running broad jump. standing high jump,
standing broad jump. ioo-yard dash, 22o-
yard dash, 440-yard run, half mile run.
mile run. 12o-yard high hurdles. 220-yard
low hurdles, shot put, discuss throw.
pole vault, one mile relay race, half
mia ralay race, tug-of-war and the new
incline Jump. Challenges may be ad-
dressed TO Manager frankie Pericola, 5Oa
East Moreno street,
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-06

writes to the Nations Business" as
follows:
In my factory at Moline a ma.
chime operator gets from IS cents TO
So cents an hour, according to his
efficiency and his length of service.
His next-door neighbor, maybe, il
classed as machine operator in the
railroad shops at Moline, and he re-
ceives for work of the same grade
or lower, whatever his term of serv-
ice and without regard to special
efficiency, II cents an hour.
The poorest workman of that
class receives from the railroads AZ
cents an hour more than my mex
perIenced workman, and 10 cents an
hour more than my best. You may
imagine the consequence Of thi. dis.
parity on labor generally.
"A common day iaborer in the
railroad shop gets 43 cents an hour
whereas my best unskilled workmen
get but 80 cents. The common day
laborer for the railroad gets ,more
than my best-paid machinist's help
er, a senni-skilled and ambitious
operator"
1t may be answered that Deere
< Company should raise wages to
conform to the pay of railroad en-
ployees, but Deere & Company lost
about 50, 40o,733 in their business
last year, of which $6,317,059 repre-
scented writing down of inventories
to correspond 10 the decline in price
OF materials and stock on hand, and
SZ,ISZ,90l represented loss on goods
sold. This was due to the general
decline of prices and to the inability
OF farmers to buy implements.
Other manufacturer of implements
Jared likewise. This shows ANYTHING
but healthy state of industry. The
wage-earning class will not prosper
when the farmers cannot buy i'm
plements, for that means that thew
viii bay very little Of any manu-
featured goods.
The Deere report to stockholders
states that sales in 1921 were only
81 per cent of what they were in
.l9zo, and that it was necessary to
make radical reductions throughout
the organization. The factories
with one exception were closed in
the. late Winter and Spring of 1921
and remained closed throughout the
remainder of the year. That tells
how present conditions affect the
employees of Deere & Company.
The continuation of this situation
is largely due to railroad charges
that are excessively high in their
relation to the value of the freight
carried, particularly in the case of
farm products and other bulky ma
terials. In the iron and steel in
dustry FIVE tons of incoming mate
rails are required to make a ton of
product, and the increase in freieh.
charges more than accounts for the
difference between the prices of the
principal products now and before
the war. Railroad charges cannot
be reduced unless operating costs
are reduced, and the wages of rail-
road employees and cost of coal are
the principal items in railroad exc
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-03-06
GERMANS TO BEGIN
BUILDING ZEPPELINS

FRIE DRICHsHAFEN, Germany
March German engineers and
workmen who were forbidden by the
armistice to continue the construction
OF airships are expected soon to be-
gin on the dreadnought type Of zeppe-
lin for the American navy.
The new airship will be the largest
in the world and will require six
months to build The United States
will supply part OF the raw mater
isls.
American officers will design the
construction and dimensions of the
motors, which are expected to produce
a speed hitherto unattained in this
type of aircraft.