davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-02-01
MONEY MARKET.

TUESDAY. JANUARY 81.
Renewals ......5 Last .............
High. . Years hiEh......
Low. 8 ILear's Iowa.. Q
TIME LOANS.
Mixed collateral, go to 30 days.. ~
Mixed coiiaterats, 4 20 q months. 4N
industrials, GO to- 80 days. 4Nd5
Industriais, A to O months. 4A95
COMMERCIAL PAPER.
Best names, 4 TO months. ......... 4s15
Other names, to q montlis...... 8
DISCOUNT RATES, RESERVE BANK.
Commercial paper. '15 days, az go 20 90
days. AZ; Liberty bonds and Victory notes,
III DAYS, Az; 16 90 80 days. AZ; bankers
scceptances, IS TO 90 days, ~.
.Fixed November 2. Previous rate, o,
fixed September II.
OpEN MARKET RATES.
Cali lonns and acceptances. ........... 4Mes
piscount rates on prime bankers accept
ances eligible for purchase by Federal Re.
Bid. Ask. bid. Ask.
On davs... ~ 20 days 80. az
s0 Jsys..' A.; 100 days. a.. ~
CLEARING HOUSE STATEMENT.
Clearing House exchanges. $3.50. 100 900
balances, s63 600 900; Federal Reserve crcdI,
balances, SIC, 100000.
SILVER MARKET.
official bar silver IN New York. domestic
00sac., unchanged; foreign, uejkc., unchanged
London. 35hd. off lsd. Mexican dollars,
54i4c.. unchanged.
The range OF silver prices this years
Highest. Lowest.
London. ......... 35ikd., Jan. 34Ld.. Ian I
New York ..... eoAc., Jansio 6ilsc.. Jan. {
The New York herald., 1922-02-01
TIME IOANs.

Mixed collateral, go to 30 days.. ~
Mixed coiiaterais. 4 20 O months.... 80
fndustrials, GO 900 days. .......... AMOS
fndustrfals, A to o months. 4AQ5
The New York herald., 1922-02-01

Harris. Forbes & Company
Limited
Montreal Toronto
The New York herald., 1922-02-01

Harris, Forbes & Company
Incorporated
Boston
The New York herald., 1922-02-01

Harris Trust and Savings Bank
Bond Department
Chicago
The New York herald., 1922-02-01
PAPER COMPANY BANKRUPT.

BUFFALO, Jan. 3f.--Thc Maine Pulp
and Paper Company. Inc, with head
quarters In Buffalo and sevora, plants
in Maine. filed petition in bankruptcy
to-day. Andrew Krieger, president, lists
liabilities az sf20.591. OF which s125.-
600 is in secured claims. Assets arc
listed as $i5i,02l,
The New York herald., 1922-02-01
The Test of Time

The which
tnued clients
Harris Forbes children and grandchildren of
through decades faith goodwill of
ourol dcustom
February
which
Ask for CnulmB Bill
The New York herald., 1922-02-01
u. S. STEEL EARNS
$S6,6SS,6S4 IN 1924
Figures Of Quarterly Reports
Show 1926 a Share After
Adjustments.

The United States Steel Corporations
earnings for 1921. according to figures
compiled from it's four quarterly re-
ports. were s36,6ss.634 after all deduc-
tions and credit adjustments, or approx
imately s2,25 share earned on Its out
standing common stock after deduction
of its preferred dividends. The follow
ing table gives a comparison of the re-
suits for 1921 and 1920. last years
figures being compiled from the quar-
teriy reports:
Net earnings. ...... se2, ,7os, 500 si57.l5a,dssSS
Adjustment credits. 1.osl,555 632 . .Ss5
Paaasrrsd alance dvidcnd: Sssss'ss7 SJas77
Common dividends. 25,415.123 2o.f3,l2o
Deficit .............. 14.001.16 '5s, ,05s. ~ -
Final deficit. il ooi .ies .$s.o5s. .425
Surplus.
In the years last quarter the company
had total earnings of $19.512.03S and,
after deduction of charges, &C.. net
profits of s7,377,S01. which, after de-
duction of preferred dividends. were
equivalent to 21c. share earned ON its
common stock in contrast to total earn
ings of S1S,918.058 and net profits just
| company's preferred dividend in the pre-
ceding quarter.
The following table gives compari-
son of the results for the third and
fourth quarters of 1921 and the fourth
quarter Of 1920:
4th quar- Sd quar- 4th quar-
ter. 1921. ter. 1921. ter, 1870.
inss 90. $40. .ei2 .o22 s1s.o1s,o5s s4s.s77.ss2
Depreciation
and sinking .s
fund ...... S,29O,021 S,l4S,SVI lE,It0,vfv
Net income. II ,322 ,012 1O,773,2JI ol,iVZ,oio
Interest and
premium on
u. s. Steel
] deemed -. 5,o25,7os 5.os1. .oss 5.1s7.2s6
A d Justment .o.s
Raance aEeneas " 7.s77.soi 7. 5.oa3.ia6 27.i4oi4s
Pref divi- oo.
dends n .. s.s5s.7s2 s,s5s.7sf 6.s53.7s2
Deficit 80. 5,2sO,901 8.965.504 S14, ,4s1 ,446
Surplus.
The statement of the company's earn
! ings for the last quarter by months
| showed a very sharp decline. Although
| It's October earnings were $s,204.S5S,
those of November declined to $6,440,43S
! and those of December to $4,967,23 the
lowest of the year. Its operations of the
early fall had risen to more than 30 per
cent, but in the closing weeks they
dropped once more to around 80 to ~
per cent, accounting in large part for
the sharp decline in monthly earnings.
The company's regular quarterly divi,
dends were declared on its common and
preferred stocks. 1si per cent. on the
preferred and IL per cent. on the COM
mon the first payable on February :.
to its stock Of record on February ana
the second on March 80 to its STOCK Oh
record on February ~.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

animals had been on pasture before
being placed in the test and had start
ed to make some gains there. But un-
der the special feeding the daily gains
ranged from 21 of pound to .35 Of
pound and total gains for the 60-day
period from 10 to "a pounds each.
Several different rations gave
equally good results, but liberal feed
ing of corn gave the best gains and
produced the best quality animal, ac-
cording to the buyers. Cost accounts
were kept and of the rations which
gave the same result, some were more
profitably fed than others.
The feeds tried out were alfalfa,
sy-~ct clover, shelled corn, cotton seed
meal, beet molasses from the sugar
factory and corn silage In the test
of the value of silage in the corn and
hay rations, the silage-fed lot made
the most economical gains.
The lambs sold at $3.50 per hun
bred, several Portland buyers being
on hand to take the lot They cost
the experiment station 81 apiece and
sold for $40 apiece on the average so
that the experiment was profitable as
we'll as educational.
These feeding formulas will be of
wide interest to sheepmen throughout
the northwest
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24
PROVE VALUE or
OILED WRAPPERS
Control "Scald" of Apples If
Oil Percentage Is
Right.

Results during 1921 in preventing
ample scald in stored apples by the
use of oiledpaper wrappers have con
firmed all revious reports that the
trouble may be controlled in this way
If the oiled wrappers carry suffi.
GENTLY high percentage of oil. The
United States department of agricul.
ture has recommended that the wrap.
pers should carry Is to 20 per cent of
oil if they are to be effective in pre-
venting the development of scald.
When wrappers carrying low proper.
ton of oil, in some cases as low as 5
per cent, have been used poorer re-
suits have been obtained
The demand for the right type of
oiled wrappers for apples has been so
great that many of the orders from
growers have not been filed About
$4,000 boxes of apples were packed in
oiled wrappers at Wenatchee, Wash,
Yakima, Wash.
Scald is a transportation and stor-
age disease that is produced by gases
given off by the apples themselves.
The disease is greatly favored by
warm storage and by delays in reach
ing storage. 1t is particularly serious
on the York Imperial, Grimes, Arkan-
sas Mammoth Black Twig), Rome
Beauty, Rhode Island Greening, Stay
man Winesap, Wagner, and Baldwin
varieties. In mild cases the apple is
merely tinted with brown, but in more
severe cases the entire skin layer is
XII ne disease looks like an ap.
pie rot, osst is rather a cause of rot
The gases which cause scald can be
removed by ventilation or byabsorbing
them with oils. Apples scald far less
in boxes, crates, or ventilated barrels
than in the usual commercial barrels,
but scald can be entirely prevented by
storing the apples in oiled, not waxed,
wrappers. This treatment has been
found completely successful even
when susceptible varieties have been
placed in unventilated storage and
held far beyond their usual storage
season.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24
SHEEP FEEDING
DEMONSTRATION
Prof. Hackedorn Feeding For
mulas Prove Remarkably Sue
cessful at Prosser.

Taking Gull lambs, the rag, tag and
bobtail of the fiocks, and turning them
into animals which topped the market
with the butcher-this is the achieve
ment of the state college experiment
station at Prosser after a 60-days' feed
ing demonstration which has proved
an eye-opener to the sheepmen of the
state.
Il wish l had known % years ago
what l have learned today" said
George Prior, veteran sheepman. c.
S. Anderson, an Ellensburg wool grow
er, was even more emphatic in his
declaration that the sheepmen have
overlooked chance for profit.
The demonstration which was car
ried on under the direction of Roy P.
Bean, superintendent of the expert
ment farm, and with feeding formulas
provided by Prof H. Hackedorn of the
college, proved in quite a spectacular
way that "cut back" lambs can be
finished at home and GO on any mar
ket in the world as prime stuff, instead
of being shipped out as feeders at
small profit. Roughage fed in combi-
nation with grain brought about the
surprising gains.
1t was not the intention to expert
ment with inferior lambs, but when
the time for the test came it was
found that only ragged stuff was left
in the flocks and these were taken
perforce. There were 1927 lambs in
the test and the rations were COM
bined in dozen or more ways. The
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24
California Great Honey State.

While honey production is but one
of the minor industries in California
it doesn't need to be "sneezed at"
Its 1921 honey crop was about 10
million pounds, which would take so
trains of SO cars each for it's trans
portation. The apiaries of California
add 100000 annually to the produc-
ton record of the state.
AS there are about 100000 people
living in California, if the whole honey
crop were consumed within its borders
there would only be about three
pounds for each person to eat in IL
months That is less than one ounce
a week. 1t would seem that Califor
mans could "get away with" the whole
10 million pounds of honey, and not
be very much sweeter than they are
now
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24
Hired AS Beggars.

Two crippled women, little Grip
pied boy and an armless man ap-
peared in court in New York city
recently as witnesses against John
Stefan, who admitted he employed the
four to beg for him. Their wages, he
said, were So a day, board and liquor,
when they wanted it," They agreed
to give him all the money that tinkled
into their tin cups
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

What County Girls Sewing club of
the past year put on community ex-
hibit of the work accomplished, which
attracted wide gattention and caused
many mothers to express a desire of
having their daughters belong to the
club.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24
HOOVER SEES GOOD TIMES
Cabinet officer Says Country Recover
ina From Financial Collapse.

PHOENIX. Ariz.-The United States
is rapidly emerging from the industrial
and financial collapse following tne
war. Herbert Hoover told the Arizona
legislature, in joint session here.
Secretary Hoover pointed gu. ina
there had been a drop recently IN the
price of agricultural products WHICH,
bowaver was not reflected in manu-
featured projects.
Speaking at dinner ne uec,". -
he was prepared to recommend Tue
Boulder canyon dam project
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

B. M. Luck of Cowlitz county was
assisted by County Agent T. Y. Blan-
ton in selecting purebred dairy sire.
An exceptionally good Guernsey sire
will be purchased when Mr.. Luck is
able to locate few purebred females
to add to his grade Guernsey herd.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24
EAL ESTATE AND FARM LANDS

REAL ESTATE. AND FARM LANDS
west of Prescott, Wash; $50 acres in fall
wheat; $50 acres to summer fallow. the bal,
ance in fine bunch grass; well improved, at
$50 an acre; will take part cash. also some in
trade, balance easy terms. For particulars
write ]. McFeely, R. F. D. 8, Walla Walls,
Wash.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

From an average milk production of
oSlS pounds with grade COWS and a
scrub sire to 10000 pounds by using
nigh class COWS and purebred sire,
Is the ten-year record of A. H. Poston
and Sons of Spokane. This is an &C.
tual case of replacing the scrub sire
by d purebred sire and is given in Mr..
Poston's own words: Since the pur-
chase OF our first purebred bull, we
nave used nothing but registered sires
with good milk and butterfat records,
and our herd is gradually increasing
in production"
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24
Livestock Notes

me grade Holstein herd of II COWS
owned by w. j. Berns of the Wynooche
valley ranked first for the state of
washington and third for nine west
ern states in the December records of
all western Cow Testing associations.
Inc Berns herd averaged 1889
pounds of milk and 1873 pounds butter
fat. More than 10000 COWS are in
Guided in the membership of the
various associations represented.
Blanche" one of the Berns COWS.
ranked 18th for all the cows
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

1t is important to be able to tell the
approximate age of a sheep by the
teeth. Lambs have a full set of baby
or milk" teeth soon after birth. At
from twelve to fourteen months two
permanent teeth appear at the center;
two more adjoining, at from twenty
two to twenty-four months; third
pair at thirty-four to forty-eight
months Fro mthen on only an esti
mate can be made. AS the sheep
grows older, the teeth gradually
spread and become shorter with wear.
A broken-mouth sheep has difficulty in
eating and should not be kept in the
flock.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

A prize of $500 has been offered
by Minard & Company of Elma for the
member of the cow testing association
III the county, making the greatest in
crease in his herd average during the
year. The contest will begin May /,
1922, and run till May, 1923. All mem
bers of the cow testing association are
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

Stanwood, Washington, last week
became the home of the worlds great
est milk producing COW. She is Tyee
Hiske Fayne, belonging to the herd of
Elmer E. Heg and Sons. This week she
passed the worlds highest record for
milk production when she completed
ten months test, in which time she
gave 23,312.4 pounds of milk from
which was made S8S.47 pounds of but
ter. During this time she had two
calves as prescribed by the rules of
the contest. The highest previous rec
ord made was 24,069 pounds of milk.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

Heavy draft horses are scarce and
the situation is becoming acute, be-
cause during the past several years
few colts were raised. High costs of
feeds, experiments with tractors, lack
of good stations and prevailing low
prices for horses, says G. M. Hub
bard, extension livestock specialist of
Washington State college, have all af-
fected the horse market. Mr.. Hub
bard recommends the breeding OF
many of the farm mares this year to
good stations. With feed prices much
lower and a general reaction OF the
farmer back to the horse, there is a
good demand for reasonably heavy,
sound drafters, carrying quality and
good fiat bone.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

A steady increase is shown in the
Winlock cooperative creamery, with
production of 28,500 pounds of but
ter in January over previous years
The increase, according to Superin-
tendent Andrew Anderson, is due in a
large measure to the better grade of
dairy cows, which are fast replacing
the scrub herds.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24
TO PROGRESSIVE HoME-sEEKERs

FOR SALE-160 A., PART IN CROP, NEAR
town, school and church; frame bldgs, bear
ing orchard spring water. Price $500; terms.
Box 16, Careywood, Idaho. - @.fS A.s
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

Two purebred registered Jersey
bulls were sold through the county
agents Office in Walla Walla county.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

Other startling facts are fast being
absorbed by the public. For instance,
a cowhide sells for about cents
pound. After it has passed through
the business machinery Of the packers
it is found that the shoemaker pays
81 a mound wholesale for the leather.
By the time the farmer needs pair
of shoes he learns that his income
from an entire cowhide does not come
anywhere near being enough to pay for
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1922-03-24

TRAP NEST AND COMMERCIAL STRAINS,
White Leghorn Chicks R. I. Barred Rock,
Black Minorca and Ancona Chicks. Our chicks
are as good as can be gotten anywhere. Full
line Queen Incubators, Breeders, and Poultry
Supplies. Send for free catalog.
QUEEN HATCHERY,
Seattle, Wash
Capital journal. (Salem, Or.) 1919-1980, 1922-07-22
WHITES ARREST
ORDERED TODAY

Topeka, Kans., July 22.- (By
Associated Press) The arrest OF
William Allen White, Emporia,
author and editor, for displaying a
poster sympathizing with the
striking railroad shopmen prob
ably will be made today, 1t was an
nounced by Governor Henry Allen,
this morning.
The announcement followed a
personal report to Governor Allen
by Judge J.-A. McDermQtt OF the
industrial court on his pilgrimage
to Emporia late yesterday and OF
his failure to persuade Mr.. White
to remove the poster from his
newspaper office window. The test
to determine whether the display
of the poster is a violation Of the
Kansas industrial court act will
follow Mr.. White IS arrest, but
meanwhile the Governor stated
the strike cards will have to
come down from every window in
Kansas"
Capital journal. (Salem, Or.) 1919-1980, 1922-07-22
NEE TING
AT CORVALLIS


Corvallis, Or, July 22.Tilla-
nook was clectioneering for the
next annual meeting OF the ore
gon State Editorial association
which began two days annual
session here yesterday. AS part Of
the campaign the Tillamook dele
cation brought along enough
cheese to supply each editor. Ell
bert Bede OF Cottage Grove had no
opposition today for reelection as
president.
The Newberg Graphic was
awarded first place In the first, or
free for all class, In the rural serv-
Ice contest for weeklies. The Polk
County Observer and the Hood
River Glacier won second and
third, 1t was announced by the
judges who considered the amount
and percentage OF rural news
handled. The Sheridan Sun was
first In the second class, the juno
tion City Times and the Freewater
Times next The Hubbard Enter
prise was first In the third class,
the Banks Herald second and the
Madras Pioneer third.
Capital journal. (Salem, Or.) 1919-1980, 1922-07-22
WILL
PITCH FOR LOCALS


Lauterback will occupy the
mound tomorrow In the game to
be played at Oxford park between
the Fulton Athletic club and the
Salem Senators.
While the Fulton team is one of
the strongest teams in Portland
and should have to meet the best
pitcher on the Senators staff,
Wenderoth was unable to get hold
of Sage this morning and pay him
the amount of money required to
get the Portlander here. This is
due to the slack gate receipts, and
which proves that fans must first
support team before they can
expect to see 1t to win.
However, Lauterback has had a.
long rest and should be in good
condition. While there was one
big bonehead play pulled by Salem
last week, the team work of the
aggregation as a whole has i'm
proved.
Capital journal. (Salem, Or.) 1919-1980, 1922-07-22
HIGH TAXATION
REAL MENACE TO
AUTO INDUSTRY

Olympia. Wash, July 22.--
Dangerous rocks" face the auto
mobile industry, among them the
possibility OF further taration, ac-
cording to statements by Il. II.
Titus, president OF the Washing
ton Automotive Trade association,
in his annual report submitted to
the organization at It's convention
here today.
Much has been said and pub
iished recently about heavy bur-
den Of taxation borne BY real es-
tate and personal property but we
believe the automobile is paying a
proportionately greater tax than
any other class OF property" Mr..
Titus said.
"a great part Of the taxes
raised on automobiles have, 1t Is
true, been used III building OF paw
ed highways for the use Of the
motor vehicles but we are not
willing To admit that real estate
along these highways and real es-I
tate In general has not greatly
benefited by the highway con-I
Btruction program.
n think this association should
30 on record as opposing vigor-
ously any attempt To add dis
criminatory tax to the present
auto taxes that does not at least
give d full and commensurate re-
turn to the automobile alone"
Capital journal. (Salem, Or.) 1919-1980, 1922-07-22
EASTERN ROADS SEEK
INDIVIDUAL CONTRACTS

New York, July Efforts by
eastern roads to bring about in
dividual agreements with such men
as have taken the places of their
striking shomen were forecast TODAY
on the basis Of a statement by /.
T. Loree, president of the Della
ware and Hudson railroad and chair
man of the eastern presidents CON
ference, that the carriers in this
part of the country were planning
to form company unions.
These, he said would consist of
the New York employees and those
who remained at work when the
strike was called. Under this plan,
whenever future labor difficulties
arise, each railroad would negotiate
separately, with its men through
the company tribunal.
Capital journal. (Salem, Or.) 1919-1980, 1922-07-22
PLANE PATROL
FOR OREGON FIRES

Washington, July 22.-Army
airplanes will again maintain 9
fire patrol over the national for
ests in Oregon this summer, al
though. due to lack of appropria-
tions, the war department has
been forced to restrict the patrol
to that state.
Decision to conduct the patrol
with seven planes from the Crissy
and Mather fields, California, for
a period of so days beginning at
once, was reached at a conference
between General Patrick, chief of
the air service and the secretary
of war in instructions to that ef-
feet were Immediately forwarded
to the air office of the ninth corps
area at San Francisco.
Capital journal. (Salem, Or.) 1919-1980, 1922-07-22
ORDER REFUSED
IN BONUS CASE

Refusal to issue an order to
compel the bonus commission to
issue Hale b. Gould OF Portland
blanks for the application or d
loan under the provision oe the
state aid law for ex-service men,
concluded tho hearing Of the case
of Gould against the bonus COM
mission here by Judge George G..
Bingham this molning In the cir
cult court.
Gould. according TO the answer
filed BY the commission had ap-
piled for and been sent warrant
for cash bonus which he later re-
Jected. Alternative writ or man
damus was filed against the com
mission, but the court refused to
issue an order stating that In the
complaint filed BY Gould he had
said nothing OF the commissions
refusal to pay him the loan.