davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-08-04
TOPICS OF WALL STREET.
Increase of Currency.

The weekly Federal Reserve state
ment indicated yesterday that member
Institutions had withdrawn In the form
OF currency most OF the S19.s 900 in
crease of credit allowed them through
rediscounts. Federal Reserve notes out
standing were s13,200.000 more than the
week before. More than Ss.O00.000 OF
the circulation expansion occurred dn
the New, York district. which initiated
against the theory that the progress of
harvesting operations was causing a
growth ir the use of money. AS re-
discounts declined S63.000.000 the week
before. it was probable that this weeks
rise meant merely part way return to
the position held at midsummer. having
no especial bearing upon business con-
ditions. An increase of s21, ,000,0 in
reserves and a small decline of deposits
worked to carry the cash ratio up A per
cent. to 1916 per cent. which was the
highest for this year.
The New York herald., 1922-08-04
RESERVE BOARD NOMINATIONS.

WASHINGTON, Aug. 3.--President Har-
ding may announce the new Federal
Reserve Board appointments tomorrow,
It was indicated to-day at the Treasury.
Secretary Mellon Is expected to discuss
the question with the President at the
Cabinet meeting tomorrow. Mr.. Mel
lon was understood to look with favor
upon the reappointment of w. r. @.
Harding OF Birmingham. Ala, as Gov
crnor OF the board. j. u. Howard Of
Marshall city. iowa, president OF the
American Farm Bureau Federation. was
said In official circles TO be under seri-
ous consideration as the new or dirt
farmer" representative.
The New York herald., 1922-08-04
Consolidated Textile.

A substantial decrease in current
liabilities is shown in the balance sheet
Of the Consolidated Textile Corporation
and subsidiary companies as of July |
last This is due to new cash received
on July from the proceeds of stock
offered to stockholders for subscription.
which materially increased the working
capital of the company. The balance
sheet shows total current assets OF
s17.675,605 and total current liabilities
of Ss,401,565. In a letter to stockholders
Frederick X Rupprecht. president. states
that the financial condition of the COM
pany is greatly improved, the strike in
New England is practically settled and
the Industry is gradually returning to
normal condition. At this time the COM
panys New England mills are running
in excess of 20 per cent of normal
capacity.
The New York herald., 1922-08-04
Sugars Strong All Day.

Buying of sugar stocks was notice
able all day long. Particular attention
was paid by traders to Punta Allegro
Sugar, Cuban-American Sugar and Cuba
Cane Sugar preferred. which went with
in a point of it's high for the year. Cuba
Cane common and American Sugar were
neglected. The strength in the sugar
stocks was largely due to the continued
increase in the demand for raw ana
refined sugar and the consequent ad-
vance in price. Raws were Quoted at
az cents and firm price of cents
was maintained for the refined product.
Cuba Cane Sugar Corporation vt pres
ent is earning better than $40 share
on the preferred stock. according to
aformation obtained yesterday in re-
liable quarters. Earnings of the Cuban
American company. too, are said to be
at a high rate.
The New York herald., 1922-08-04
OFFER MESABI IRON STOCK.
Brokers Put out 10000 Common
shares Mt s12 Each.

shonnnrd & Co. are offering al s12
share $4,000 shares Of no par value com
mon stock OF the Mesabi Iron Company
shares. against which has been paid in
si.75o,oo0 cash. The company was or
gnnIzed in 1919 and has no preferred
stock or funded debt. The Midvale
Steel and Ordnance Company and its
affiliations acquired approximately n
32 per cent. interest In the common
stock OF the company.
The purpose OF formation OF this
company was for the production Of high
grade low PHOSPHORUS sinter (manu-
The New York herald., 1922-08-04
Remington Typewriter.

The entry of new interests In the al
fairs of the Remington Typewriter Com
pany and the resignation of its chair
man. announced earlier In the week,
have given color to reports that the
company is planning new policy OF
expansion and greater activity. Busi-
ness Mt present is running along at an
excellent rate and the new interests. II
was said yesterday. intend 20 put some
additional pep" into the affairs OF the
corporation The compaay's new porta-
Bile machine is said to be selling at
present at rate several times greater
than a year ago, while earnings. there
fore. are showing an expansion.
The New York herald., 1922-08-04
Gasoline Prices Reduced.

Standard Oil Company of New Jersey
announced yesterday a reduction Of 2
cents a gallon in the price of gasoline
throughout it's territory. This was fol-
lowed by similar reduction on the part
of Texas Company in Pennsylvania and
Delaware. Atlantic Refining Company
also made 2 cent reduction. cut o.
cent gallon in kerosene prices was
announced at the same time. The Texas
Company also reduced midcontinent
crude rs cents a barrel, to s1.25, hi
Oklahoma, Kansas and North Texas,
meeting the new price established day
before yesterday by the Prairie OIL and
Gas Company and the Sinclair Consoli-
dated Oil Corporation.
The New York herald., 1922-08-04
National Cloak and suit Company.

The sales of the National Cloak and
Suit Company, which declared yesterday
it's regular preferred dividend of $1.75 a
share. payable September ! to stock OF
record August 25, amounted TO more
than $1S.5o0,o00 during the first half of
this year. which is, with the single ex-
ception of the first six months of 1920,
record for any similar period. 1t is
estimated that total business this year
will aggregate S40.00o,00o. Orders re-
ceived for the six months numbered
3.70O.000. by far the largest of any six
months period on record. The balance
sheet as of juno 80 shows cash and
Liberty bonds Of about $s,0oo,0oo, with
no current notes payable and no bank
loans outstanding. Inventories have
been reduced and current assets measure
about AZ to 1 in comparison with cur
rent liabilities. I.
The New York herald., 1922-08-04
MATHrEsoN ALKALr WORKS.

The Matheson Aikali Works, Inc.
reports net profits Of s233S0S for the
second quarter of 1929. rs compared
with loss of s3e1.25i for the same
period OF 1921. The earnings shown. for
the quarter reported are after setting
in depreca ion reserves OF s135.591 and
all charges, Divide 1d payments on the
preferred stock have been resumed
In the prior half OF this year the
cornpsrv's vet earnings were sss5.5sS.
The New York herald., 1922-08-04
Cali Money Easier.

The effect Of the 5 per cent. call
money rate on Wednesday was to bring
more loanable funds to market, and the
rate declined yesterday with the in
creased supply Call money In the New
York Stock Exchange Dpened and re-
Moved at per cent. and was main
tained at that level throughout the day.
The demand for time money was Only
moderate and rates quoted by leading
dcalets were unchanged, with sixty day
loans commanding per cent. ninety
days 10 IA per cent. and up 20 SIX
months 4 VI per cent.
The New York herald., 1922-08-04
UNITED ALLOY STEEL CORP.

The report Of the United Alloy Steel
Corporation for the frst half of 1922
shows net income Of s1.274,923 after
interest AM depreciation. which Is
equivalent to SLAB share earned on
the outstanding common stock after pre-
ferred dividends. Profits for the half
year were 81 9f3.t13 and other income
S45.916. Interest and depreciation
charges totaled s6Si,106 and s515,5OO
was paid out IN dividends. leaving a
surplus for the Period OF sT59,423.
The New York herald., 1922-08-04

after deduction Of preferred dividends.
In the corresponding period OF last year
earnings were equivalent to sf.17 q
share on the common. Manufacturing
profits and royalties aggregated s2,226.-
$50 and other income $604.s2a. Operat-
ing expenses amounted to s6s1,9s6 and
Federal taxes were charged Off in the
amount Of S220.400.
The New York herald., 1922-08-04
EXCHANGE SEATS SELL LOWER.

The New York Stock Exchange seat
of Matthew j. Hoey has been sold 70
John IT, Greenia for $4,000, reduc-
tion Of $4,000 from the last preceding
sale,
The New York herald., 1922-08-04
OWENS BOTTLE EARNINGS.

The income account Of the Owens
Bottle Company and subsidiaries for tho
first half OF this year shows net profits
after expenses and taxes OF S1,929,153,
or $3.50 a share earned on the out
standing common stock Of sa5 par value.
The New York herald., 1922-08-04

factured concentrate) from the low
grade magnetic ore In the eastern end
OF the Mesabi range In Minnesota.
The New York herald., 1922-08-04
CANADA.

New York funds IN Montreal. s4ao pre-
MUM a $1,000; Montreal funds In New York
s3.12 discount a 81 900.
The New York herald., 1922-08-04

x DIV Fx rights IN scrip xPart
ere made at price outside o the
The New York herald., 1922-08-04
w YORK STOCK EXCHANGE QUOTATIONS
THURSDAY. AUGUST 8. 1922.

Year to date 80.
--1922. 81 c-Closing.0 DIV.
High. Low. Bid. ASK. ms. Sales.
The Connecticut labor news., 1922-01-27
THE BLJOU

The popular choice Of the BijOu regu- lars on the screen. Tom Mix, Is headed this way due Sunday night and the three days following in his newest stunt picture
 The Night Horscmen' d sequel to The Untamed" and he does the real thril1ers of his career in this picture A horse, a dog, and man whose nature Is like the wolf when cornered are the big attrac- tions in the picture Mix again enacts the role of ''Whistling Dan," a character so wild that the "honk honk" of the geese flying northWard cause him to forget even his wedding day in his desire to play in the wilderness Love james Nhistling Dan after many adventures and when he again hears the ''honk ho11k of ahc geese he turns away for the first time in his life. If ever a picture was screened for Mix which gave him opportunities for new and clever stunts wonderful Wriding fast gun and fist work and quaint love making this IS the picture. On the same program Sunday night will be another episode of The White Eagle" in lighter vein will be a Century Comedy and other features
 Accompanying the Mix picture the first of the week will be the only vaudeville in town and 1t will be whale of a show headed by Frank NeWmans "Century Girls" musical potpurri of nirth and melody with a company of fifteen. It is in reality song and dance revue inter spread with numerous vaudeville spec ialities by Fant and Buckley i'll smart songs and dances: the Casino Trio the harmonizing fools: Newman and Lewis dancing ficnds; Pearl Darby a singer of sweet songs and other specialties with several ensemble numbers The special feature will be Babcock and Dolly ir "On the Boulevard Other acts are Burke Walsh and Mama a rolicking trio. Ecko and kyo in Japanese dexterity and Al Carpe the Eccentric Vioinist
 There will be continuous performances daily and the usual little prices with the special and enjoyable feature of Oppor- tunity Night Tuesday and another cork ing bill the last half of the week headed by Lew Brice brother of Fanny Brice and a former Winter Garden star.
The Connecticut labor news., 1922-01-27
GOMPERS
( Continued from Page One.)

of democracy, right and justice, will have to admit their error and retracc their steps in order to establish relations with the democracy that is certain to come and which the present policy of the Unit cd States so evidently forsees.
 "The Genoa conference openly com pines the ideas of Lloyd George, Stinnes and Lcnine It prepares the way for a new triple alliance of unrepentant Ger many, Sovietized Russia. and certain British politicians.
 In order to secure the attendance of America, Lloyd George at first called the Genoa conference purely economic. There is also sinister political object behind it-an object he later admitted in an in tervieW in which he said the first point on the agenda would be not economic pues- tions but 'peace'-a political treaty, that IS, with Lenine. The Soviets, the most impoverished of European governments, supports, at the expense of its starving agricultural serfs and industrial slaves, the largest army in the world, 15OOOOO men, and they have just decided to main tain this army and to use it to trade for recognition and credits at Genoa
 The reactionaries and revolutionaries of the world are joining hands perman- ently to enthra1l the masses and enslave labor in Russia This is not the first ex- ample of the support of revolutionary organizations for reactionary purposes. But it is the first such effort on a world scale.
 "The American workers, the American people. the writer of this article. have had and now have deep admiration and affection for the Russian people. Because of this they are firm in the stand they have taken against the brutalities of the tyranny which today holds Russia in its grip. For more than forty years the President of the American Federation of Labor has been engaged in efforts to bring about the freedom of the Russian people and the American labor movement has been committed from its earliest days to that cause. There will be no turning back on the road, no abandonment of principle, no act of seeming eNpediency. The Russian people can not be free while they are subject to a dictatorship. There Is no counterfeit for freedom, and though there may be some who can be deceived as to when freedom exists, the American labor movement is not among them.
The Connecticut labor news., 1922-01-27
RAILROADS
( Continued from Page One.

for tic extra time. Under the old na tional agreement, the employees re- ceived overtime pay after expiration of eight hours from the time he first went on duty, although he may have had several hours of idleness due to the fact that there was no train serv ice nor any other duties to perform.
 Application of the new split trick rules and elimination of time and one-hall pay for the ninth hour arc expected to save the railroads mil lions of dollars, labor board statis- ticians estimating that the amount would reach $I5,ooo,oo annually During the rule hearings, many roads testified that baggagemcn, train an nouncers and other employees doing intermittent work, many of them young boys or aged men formerly paid $75 a month, were receiving $I75 to S2oo due to operation of the overtime rule. This overtime will now be eliminated.
 The eight hour day was retained in principle, however, as were collective bargaining and union recognition. The new rules cover all points i'll clerical working agreements not cov- cred by rules negotiated between in dividual roads and their employees Time and one-half pay now applies only to the 10th hour of work or thereafter, and to hours worked if held on duty more than two hours when called for extra work. Sunday and holiday work will be paid at straight time, except where the rail road agrees to do otherwise
The Connecticut labor news., 1922-01-27
MANUFACTURERS
 HEAD FEARS LAXITY
Inaction of Our Leaders Worse Than Radical Foes, He Declares

Boston, Jan. 27.-lnactivity of Indus trial leaders, is a greater danger to the country than radicals. That's what the newly elected president of the National Association of Manufacturers is reported to have declared in a speech in this city delivered to manufacturers of the state. He said he was not concerned about the radical clements What he particular ly desired was action by the elements that have the power to overcome the ecect of such forces" urging the need of a national consciousness among the Headers of 1ndustrv' as a means suc- cessfully of fighting the conditions with which the world IS faced He realized also that knowledge of economic quest ions is needed to solve the problems of today. That is obvious.
 But it is quite patient that union busting American planning" labor spying wage -slashing, contract-breaking policy isn't going to lead anywhere but to the field of industrial disaster And the manufacturers associations can pervent that by recognizing trade union princi- pies in industry.
The Connecticut labor news., 1922-01-27
THE PALACE

When Vicente Blasco Ibanez wrote The -Four Horsenen ot the Apocalypse he gave the world its finest and most enjoyable piece of fiction; and when Rex Ingram prnduccd the million dollar pic ,l1rilalion 0f The Four HOrse1nen" he in turn gave the world it's most magni- hccnt and wonderful photo drama. It $ this miglltcst of pictures that will be presented at the Palace during the entire week, beginning Sunday evening. Presen- tation> will be given twice daily; after ncons at 2,l5 and evenings at 8.15. The rroducin" records of the picture show that at one time there were 12,500 people employed in the staging of this gigantic film play. In its cast there are fifty roles which assume the importance of principal parts, while its lesser parts; hosts of soldiers officers peasants of war ;trichcn France and innumcrable types; swell the cast to the unheard of number mentioned above
 Its opering scenes in South America then a swift shifting of scenes to Paris and Berlin followed by the stirring in cidcnts along the battle front in France, the atmosphere of its various surround ings IS never lost for single moment -An example Of the length that were gone to in producing The Four Horsemen" is drawn to ones attention in the scene
 
 supposed to stand i'll the path of the German armies during the second battle of the Marne. 1t required hundreds of mechanics three months to erect the replica of the little French settlement then, like a blast from the sky, comes the German invader and in a few seconds the little village is laid in ashes to the ground
 Al times tender with romance, at other heart touching in its pathos then again all the gaicty aroused by entrancing music, the wine cup and beautiful women. only to be followed by scenes positively terrifying in mans lust for conquest this grand depletion of The Four Horse men places on the screen before it's audi ences all the passions, desires and efforts that sway human nature
 To properly interpretate the scenes of the drama in amusical way an orchestra of twenty-five pieces will be heard in the splendid score composed especially for The Four Horsemen." During the en- gagenent all orchestra and box seats will be reserved. Seats for any performance of the engagement can be secured now at the Palace box office
The Connecticut labor news., 1922-01-27
"COLDEN RULE" NASH LASHES CRASHING NEW ENCLANDERS WHO
 TRY TO BOOST WORKERS HOURS

velop my powers I'd want some thing 10 say about my job. I'd want to own my own tools. I'd want my share of the prosperity of the con cern if 1t was prosperous When we started with 20 workers, largely women, 1 asked myself how I'd like my mother and sisters to be treated in such jobs. Working women have more children than the women on the avenues If these women are not given time to care for their families and to rest, how are their sons to make good citizens 2-will they be bitter toward government that thus treated their mothers? We cant bring ill the kingdom of God with mothers working these long hours"
 Mr. Nash said his bankers predict ed that his policies would ruin him that he could not compete. It was some time before he could put his factory on the present successful basis, he said
The Connecticut labor news., 1922-01-27
CONTRACTORS WILL
 BUILD HOMES FREE
Thompson-Starrett Co. Places Serv. ices at New York's Disposal
 in Crisis.

The Thomps StarrcU Company of New York, one of the largest building constructing concerns in the United States, and now building the huge Yale Laboratory. has agreed to place its entire organization at the disposal of Samuel Entermvcr and the Metropolitan Life Insurance Co. in the working out of the plans pro posed by Mir. llntcrmycr for the building of I,5oo hvc-story tcncmcnts to accommodate 45,ooo families at d rental of SS to So d room, in order to relief the housing shortage in New York;
 Mr. Unttrmycr, in announcing the son-Starrctt Company. in the $Ioo,- 900, 900 housing plan. said that Louis l. Horowitz, president Of the com panv, had been invited to confer with him and the officials of the Metro- politan Life Insurance Company and that Mir. HoroWitz entered heartily into the plan on condition that the services of his company be rendered without profit and purely aS a public service.
 The Thompson-Starrctt Company is equipped to handle construction work amounting to $IOo.ooo, ,ooo a year, 1t was said, and covers every field of the building industry from the foundation to the roof It lets out contracts and superirtcnd> construc- ton in every phase of the building industry. It has always been fair to Organized labor
The Connecticut labor news., 1922-01-27
Coal Shipped to
 State Where
 Mines Are Idle
Iowa Miners Protest Government Action in Supplying Hos
 pital With Fuel

ColfaN, Iowa, Jan. 27.-West Nir- ginia coal has been shipped here by the government for use at govern ment hospital. The West Virginia coal costs $I2 ton delivered at the hospital. Colfax coal can be had for $7.5o ton. Because of these ship ments by the government the miners of this place have sent a protest to the Iowa members of Congress- In their protest the mine workers de- clare they have been working only one and two days a week and have worked only III days in the first II months of 1921, Another day would be added 10 the working schedule if the government would buy it's supply of coal here for use of it's hospital; 1t would save $4.5o a ton. The business of tEc town IS almost wholly depcn- dent upon coal mining
The Connecticut labor news., 1922-01-27

they have usurped the initiative of the House ill finance and of the Executive ir1 appointments they have only to install themselves in the State Department and ultimately in the White House to finish their conquest of the Government
 There is another interpretation possible which would be reasonable if Senator Brandegee were not Senator Brandegee. It IS that he is aiming at responsible Cabinet government in America. Only on this theory does his statement rise above downright obstruction and usurpa- tion. For ii the Executive cannot make move without the assent of Congress the only way out of the muddlc would be to have Congress elect the Cabinet and recall it when the President and Secre- tary of State no longer had the conf dencc of Congress.
 That IS an honest, an ineligible and a debatable position. But Senator Brande- gees position that his doctrine Is the orthodox American view of the Consti- tuition neither honest nor ineligible, nor, in a busy world debatabe. The A1nerl- can Constitution is subject to amendment, but not by private act of one Senator from Connecticut
The Connecticut labor news., 1922-01-27
JUDGE REFUSES { Continued from Page One.)

''J>hc right 10 freedom of speech and freedom ot action belongs not only to the individual but to individu- als combined for a lawful purpose. That several insist on exercising their rights simultaneously does not Of it. self transmute their act 10 wrong or illegality
 "Of course, ii the employees ap- preached arc unwilling to listen to argument or inducenent brought for ward by defendants, they should not be disturbed, for it i> the constitu- tional right of every person to refuse to hold conversation with others, even if such arguments be fortified with wisdom or benefit to the person whose audience is sought.
 "The plaintiffs also assert that their legal rights are being violated, be- cause the pickets are attempting to induce plaintiffs employees to aban- don plaintiffs employ and join the union in violation of their agreements ol NilIploN lllCIll w Clt IldlItllI1S Cause not impaired by their own breach of contract their ground for relief would be persuaSive.'
 He asserts that any transgressions of the law should be dealt with in the ordinary way.
 The most drastic, severe and per manent of al linjunctions against vio- fence is the penal law" the court held. "A court Of equity is not a police station"