davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-01-07
Wood safer in Collisions.

Comparing steel and wooden cars
with reference 10 safety in collision. Mr..
Pegram preferred the wooden car be-
cause at would have a greater cush-
Joining power In absorbing the impact"
He conceded that the steel car Is a su-
perior fire risk. But. IL you except
fire." he said. ''to which. OF course. the
wooden car Is liable and the steel Is
not, l would consider the wooden car
the safer" The witness added that the
present wooden cars are all fireproofed
az well as possible by asbestos under
their floors and copper sheathing on
processes for the flreproofing OF the
wood itself
In the issue of steel versus wooden
cars for elevated service, conspicuous
divergence OF policy was noted between
the Brooklyn Rapid Transit officers and
those OF the Interborough. william S.
Menden. general manager OF the u. r. II.
lines under the receivership, who was
the next witness. said II Is the policy
of his road to replace all wooden cars
with steel as rapidly as tho former
wear out. In service merit and IN
safety value. however. lie did not hold
the steel car conspicuously superior.
Mr.. Monden admitted that wooden
y.
T. Centre street subway loop in Manhat-
tan. though steel cars are being used In
the underground connection with the
Williamsburg Bridge. Within a reason
able time. he said. the company hoped TO
replace all its wooden cars with steel
ones.
Tho witness said tho 3. II. T. was al
most ready 10 submit to the commission
a device TO reduce speed. In the devei-
opment OF which the company had been
cooperating with the inventor with
promising results.
Mr.. Menden said the B. r. r. Ia op-
Grating steel cars weighing from 5000 10
5000 pounds on It's elevated lines In
Broadway. Brooklyn: on part OF the
Myrtle avenue line. and on all the cle-
waited lines constructed In cooperation
with the city. Under the contract for
the third tracking of the lines the older
structures are reinforced sufficiently 10
make them capable Of sustaining trains
OF all steel cars.
The New York herald., 1922-11-30
BRITAIN BEATS D. S.
IN BIDDING ON LOAN
London Bankers Get Bergen,
Norway, Issue in Competi-
tion With Americans.

That London Nankers have recovered
their power in International financing Is
shown by a recent award OF $4,000, 900
city of Bergen. Norway. bonds TO the
Hambrose Bank. Ltd.. of London at a
price higher than any of the American
bids.
The recent $4,000, 600 loan to Chile
was won by American bankers only be-
cause the Rothschilds of London were
handicapped by the per cent stamp
tax. In the case of the city of Bergen
loan the London firm was able to take
the business away from Americans de-
spite eethe stamp tax.
1t was explained by onesinternationai
banker that the London bid for the city
of Bergens bonds was so high that 1,
will necessitate their being offered "a
investors on the same basis on which
Kingdom of Norway bonds arc selling in
this market at present
The American bid was for 8 per cent.
bonds. and II Is believed that the London
bid called forsa bA per cent coupon.
The ability Of London bankers to take
international business away from Amer
lean bankers precludes the possibility of
any large amount OF European bonds
finding their way into this market, bank
ers say One banker Is authority for
the statement that in the future. now
that London has come into her own
again. few of the good foreign credits.
particularly OF acknowledgement countries
VIII come here.
The New York herald., 1922-11-30
COTTON QUOTATIONS
NOT CHANGED MUCH
Futures Finish Steady, With
Prices 6 Points Higher to
2 Points Lower.

Tho cotton market was little changed
in quiet. pre-hoiiday dealings yesterday
and closed generally steady. 8 points
higher to points net lower. Most OF
the session was given up to evening
Up operations on the part OF local pro-
fessionals. who apparently feared some
sudden change to-day in Liverpool, the
only market to remain open for business.
There was distinct frmness at times In
the early trading and prices scored
gains Of 10 to 20 points under moderate
short covering. little trade support and
scattered Liverpool demand.
Traders found but small inspiration In
the English markets action. Liverpool
opened Q to points higher, or about
as due. and at the time Of the local
call was unchanged to 8 points better.
There was somewhat better business In
the actual abroad, 5000 bales of spot
changing hands. Manchester advices
were on the whole bullish. Sentiment
here was still more or less mixed. COM
mission houses In many instances re-
ported growing interest on the short
side. but mostly for scalping operations.
The bigger traders are inclined to sit
tight for the moment and await further
Developments, such az the ginning report
scheduled for the opening of the market
on December 8. and the final Govern
ment crop estimate that will be released
on December IL. Tho former report will
show the amount Of cotton ginned to
the season prior to November 80.
Spot advices. particularly late in the
The New York herald., 1922-11-30
Ginsbam Market strons.

The action of the Amoskeag Manu-
featuring Company. the largest gingham
producer. In naming prices on ginghams
for next spring from one to one and a
half cents higher than those in last
January. Is expected to further
strengthen the market The higher
prices were received with considerable
surprise in many quarters. where it was
believed that relatively lower prices
would be named. The serious effect of
the recent strike at the mills is evil
denced IN the statement that an allot-
rnent Of merchandise for spring delivery,
January to May /, has been made In
stead OF the usual general offering.
Staple ginghams are priced at 17&
cents, an advance of 1 cent over Janu-
ary's price; utility ginghams at 81 "A
cents. an advance OF 1 "a cents A. F. c.
g'--Nams at "a cents, an advance of "A
cents; 10000 range at 17h cents, an
advance of cent
The New York herald., 1922-11-30
ELECTIONS .N6 MEETINGS.
WORCESTER SALT COMPANy.-NOTICl
TO STOCKHOLDERS OF the WORCESTEl

WORCESTER SALT COMPANy.-NoTICu
TO STOCKHOLDERS OF the WoRCEsTEH
New York City. N. Y. Nov. 20. 1922.
Notl,c Is hereby given you that, pursuans
10 the " solution and direction OF the bosrp
u SPECIAL, MEETING of the stockholderr' Of
the worcester Salt Company will be held on
Tuesday, the 10Th day of December, 1917, q
~ o'clock noon of that day, at the OFFICE or
the company. Nos: q and IS Murray street:
In the Borough of Manhattan. City. County
and state of New York, for the purpose OF
having the stockholders consider, authorlses
consent to and vote upon each ana all OF ns
following propositions, viz:
i. TO increase the capital stock OF the
company from One million $4,000. .0o0.0O)
Dollars. consisting OF ten thousand 1o.Oopl
shares of common stock OF the par value TOT OF
million (S2 900. 000l Dollars, consisting OF
twenty thousand (20.0Oo) shares of common
stock OF the par value OF One hundred
(S10000) Dollars each.
as of December 90. 1922, the whole or said
One million $4,000. .000.0O Dollars OF IN
creased capital common stock, II authorizeds
out OF the surplus, undivided profits OF ths
company, as a stock dividend TO and ainonH
the stockholders OF record on December ovs
1879 pro rata. that the holder OF each
share of stock shall receive one share OF tns
increased stock.
g. To close the stock transfer books OF ths
company Oh December 90. 1922, and TO open
the same again on January 8. 1923. ...ss.. .
4. To consider and vote upon suostfuts
going propositions, and to transact sue11
other and further business as may properly
come before said meeting
II II is not your intention to he present, .vl4
you kindly sign and return the enclosed
proxy in the accompanying envelope? -,...,s
LORENZO BENEDICT.
President of the Worcester Salt Company.
Secretary Of the Worcester Salt Company.
The New York herald., 1922-11-30
THE ATCHISON, TOPEKA AND SANTA FE
RAILWAY COMPANY.


Nssss Series 81 1922 1922 1873 1927, isSs Iass
million eight hundred and eIghty-fou thou
sand eight hundred dollars tS5,ss4soo.ool
saea annsr IS isse Walker
Hines, Director General Of Railroads, The
Atchison. Topeka and SANTA Te Railway
Company and Guaranty Trust Company OF
New York. Trustee.
Notice Is hereby given to the holders OF
Equipment Gold Notes. Series OF 1924, 1922.
1925. 1927 1925 1929. 1880, 1881, 1882. 1888.
1884 and 1885. issued under Equipment Trust
Agreement dated January 10. 1920. between
Walker d. Hines. Director General OF Rail
roads, The Atchson, Topeka and Santa Fe
Railway Company and Guaranty Trust Com
pany OF New York. as Trustee, that me
Atchson. Topeka and santa Fe kailway
sions of the said Notes and OF the above
mentioned Equipment Trust Agreement has
1923, (the next semi annual interest date). at
the office of Guaranty Trust Company of
New York. No. 40 Broadway. In the Borough
Trustee under said Equipment Trust Agree
ment. all OF said Equipment Gold Notes.
Series OF 1924. 1925. 1928. 1927. 1928. 1929,
under said Equipment Trust Agreement. by
paying the principal amount OF said Notes
and accrued interest to January 10, 1928, TO-
gether with a premium Of three CD per cent
of the principal.
Upon presentation of said Notes, together
with the coupons maturing oh said redemp-
tion date and all subsequent coupons at the
said office of the said Trustee, for cancella-
ton. on or after January IS. 1923. the prln-
cipal amount OF said Notes, together with the
said accrued interest thereon to January 10,
1929. and said premium, will be paid TO the
persons entitled to receive the same. Under
the terms of said Equipment Trust Agree,
ment interest upon all of said Notes will
cease on January Is, 1923.
All Note1 presented for redemption must be
negotiable in form and be accompanied by
orixr I'D rarfificataq
required by the Federal Income Tax Law and
Regulations.
Dated, New York, New York.,
November /, 1922
THE ATCHISON, TOPEKA AND SANTA FE
RAILWAY COMPANY,
BY L. G. DEMING. Assistant Secretary.
The New York herald., 1922-11-30
FRuITS FRESH-Annlea halt Iac ms

mountains, iE0 ih~. i.esai So state. is0
lbs, 81 23a2 3s: $50 lbs. si.aoa2; Long Is
land. $50 lbs. s3Taa3; ie5 lbs.. s2.Iaa2 90:
isO lbs a.. eaee 80: Pennsylvania, $50 lbs.
81 25a2. 80 also his. 81: Virginia. bbi., $50.
sweets, Jersey, bskt.. 5oc.asi; Easteg States.
bbi.. nOc. .asi.c 20: Delaware and Maryland.
bskt.. 4oa65c.
The New York herald., 1922-11-30
BUSINESS NOTES
AND TRADE NEWS
Underwear Business for Fall
of 1898 Discloses Good De-
mand for Jobbers.

Manufacturers OF knitted underwear
who have opened their 1923 fall lines
report an insistent demand from Job
bers throughout the country. One OF
the largest producers declared that In
certain numbers he Is well sold up and
believes that II demand keeps UP other
numbers will be sold up within a few
weeks. The manufacturer has advanced
prices about 8 per cent. within the hast
two weeks in keeping with higher yarr
costs. Enough orders for spring mer.
chandise have been booked to take care
OF production many months ahead, and
what little business Is received repre-
sents I'LL In orders. Numerous orders
for this falls goods are stiH coming in
all demanding rush shipment.
The New York herald., 1922-11-30
Pac Tel TelfSt L F RyfTol Edison Go
5s 1887 5s ser B 1850 1st Is 1e41

2....... 91m
3....... 07h
Pao Tel 4 Tel
ref rs A 1859
1. ST.. . o1K
pA rtn .A-a
The New York herald., 1922-11-30
RESERVE BANKS SEE
BUSINESS STILL GAIN
Credit Demands Increase
OWing to Stability.

The volume OF credit in use as in
dlcated by the commercial loans Of
member banks and by the earning as
sets of the reserve banks increased at
a slower rate in the last month than
in September and early October, ac-
cording to the monthly review of credit
and business conditions in the Second
Federal Reserve district. issued by the
local Federal reserve agent
Note circulation OF the reserve banks
fluctuated within narrow limits and in
terest rates remained at substantially
the level reached about November l.
This greater stability" the review
says, "ln the factors ref1ecting credit
conditions does not appear to Indicate
that any pause has taken place in gen.
eral business activity. For tho last few
weeks such figures as are available
appear 10 show continued gain in
industrial output and the distribution
OF goods.
at minimum, tho total loans and In
vestments OF member banks In principal
cities, whore the effects of Industrial
activity would be felt most, have in
creased 81. 25o. 900. .ooe,. or over $ per cent
But this increase Is ascribable not SO
much TO loans for business purposes as
to loans on stocks and bonds and to
investments made for tho purpose OF
putting surplus funds 70 work. The
amount lent directly for business pur-
poses. as far as It can be segregated
In the returns. declined until the end
OF August Since that time, however,
Il has advanced s2s7 100000.
THE reason Increased production and
trade. accompanied by higher wages
and prices. have not resulted In a cor
responding increase In tho volume of
bank credit issued directly for business
purposes may appear upon observing
three factors.
1.-The first factor Is the heavy receipt
OF gold into this country. Since the
middle OF 1921 gold imports have totaled
nearly $4,000. 900 and since January I.
1922, nearly s26o.0o0.ooo.
"a second factor has been the ac-
cumulation by many business concerns
Of a considerable reserve In the form
Of investments or bank deposits.
"A third and probably moro important
factor Is the fact that business Is be-
ing carried forward with minimum
Of future commitments. Both whole
salers and retailers still continue TO buy
cautiously and manufacturers hesitate
TO produce goods without definite or
ders in sight Stocks of manufactured
goods are in general low"
The New York herald., 1922-11-30
To Auction wooden Fabrics.

Buriirs. Dole & Co. will auction on
December s. 575 pieces OF mems and
wpmens wear. heavy and medium weight
fabrics of the American woolen Com
psny. and $50 pieces Of wooden and
-orsted fabrics OF other well known
manufacturers and agents. Included in
tha Americans Offering are fine fancy
worsteds. fipe serges, French backs.
p,ain and plaid back overcoatlnss and
three quarter yard worsteds. suitlngs
and coatinss. Among the goods offered
BY other manufacturers are fine
worsteds. pencil stripes. coatings, plaid
bacit overcoatings and three-duarter
yard stripe suitings and twills.
The New York herald., 1922-11-30
NOTICE OF REDEMPTION or
GENERAL ASPHALT CoMPANl

Eight Per Cent. Ten Year Sinking Tund
Convertible Gold Bonds, Dated DecembsR
cember 1, 1922.
NOTICE Is HEREBY GIVEN That Bankers
Trust Company, as Trustee under certain
Trust Agreement with General Asphalt Uonn-
pany, dated December 1. 1920. has called
for payment on December 1. 1922, at the
office of Bankers Trust Company, is Well
Street, New York City. $4,000 principnI
amount of bonds of the above issue at i00H
of the face value thereof. together with
accrued interest on such principal amount
to December l. 1922. The numbers of the
bonds which have been drawn by lot by
the Trustee, and called for the purpose OF
the Sinking Fund.- as follows:
The New York herald., 1922-11-30

ONE HUNDRED DOLLAR BONDS. - u
A-202 A-779 A96l A-1o63 A-lSoo
Holders of the bonds above specified are
hereby required to present the same Tor
payment on said first day OF Decemoers
1922, at said office of Bankers Trust Com
pany, No. 10 Wall Street. New York City.
after which date interest will cease TO Pc
payable thereon. All bonds SO presented
must -be in negotiable form. bearing The
coupon due December I. 1922, and all sub
sequent coupons attached. ~
Dated November IL, 1922
Nv III n Wilson. Jr.. Vice President.
The New York herald., 1922-11-30
raw SILK Markets Easter.

Raw sllk prices were slightly easier
Yesterday. owing to a small demand.
"As the local market had not followed
TO the full extent the previous advance
OF the Japan market" says II. L.
Gwalter's review, values here receded
only moderately, though the anxiety I'm
certain quarters 10 induce sales at the
cost OF concessions gives the market a
moro or less Irregular appearance. On
the other hand, business in the fabric
market is less active than Il was a
month ago, and as tho mills are fairly
well covered for their Immediate needs
they are combining operations to actual
requirements only. Buyers, however.
are watching developments closely, and
cheap. desirable lots are taken up read
fly. the present lull in activity being
considered as only tcmporary."
The New York herald., 1922-11-30
wash Goods I'm Fair Demand.

Advance orders for wash goods for
rext spring continue IN satisfactory vol
TIME. Many merchants seem TO prefer
to postpone buying until they have ascer-
tanned what fabrics have caught the
popular trend. Sellers OF tissues,
zephyrs and high fancies in sheer weaves
report the receipt Of many good sized
future orders.
The New York herald., 1922-11-30
Average Bond Prices
wednesday. November 20. 1872.
BOND NEWS AND NOTES.

Bond prices generally we're higher
yesterday in typical pre-holiday trading.
the days total turnover topping She
s1o,ooo,oec level by only $4,000. Weak
features of the session were Erie bonds,
which broke more than point in several
instances in sympathy with the decline
I'm that railroad stock. The rest of the
railroad group was firm fractions wers
dull. but rather we'll supported at times
Foreign Governments generally were
lower. Changes in Libertys were mostly
upward.
The New York herald., 1922-11-30

day. were rather contradictory. In
creased liquidation In the afternoon
forced prices about 10 to IL points net
lower at one time, but a rally. largely
sympathetic with the better stock
market. quickly took prices back to
about on level with Tuesdays finals
The local spot market was quoted un-
changed at 25.45 cents. The New Or
leans market was unchanged at 25.25
cents Its sales were S25 bales.
The New York herald., 1922-11-30
Purchase First Mortgage.

8. W. Straus 6 Co. have purchased an
issue Of s2.o00.o00 first mortgage So per
cent. one to ten year bonds of the New
Process Gear Company, Ino.. of SYRIA
cuse. N. Y. manufacturers OF automo-
bile gears. The bonds mature at the
rate of 100000 annually from December
1, 1923. to December /. 1882.
The New York herald., 1922-11-30
OIL PRODUCTION FALLS.

The American Petroleum Institute es-
Inmates that the daily average gross
crude oil production in the United
states for the week ended November 25
was 1.e37.a0 barrels, as compared with
1.645.300 barrels for the preceding week,
a decrease of 1900 barrels The daily
average production east of the Rocky
Mountains was 1,1s3, 900 barrels, as COM
pared with 1.leS,soo barrels. decrease Of
1900 barrels. California production was
455 600 barrels. as compared with 10000
barrels, an increase OF 5000 barrels.
The New York herald., 1922-11-30
Handbag Trade Better.

A squirt IN buying of popular priced
leather handbags by jobbers and retail
ers is reported by prominent manufac-
turer. The orders. while not large indi-
vidually, reach n substantial volume
and are largely to cover requirements
during the coming holidays. There seems
70 be a better inclination among buyers
10 place forward orders. II Is not be-
lieved that prices will reflect higher raw
material costs until next year. Hand
bags favored for the holidays are made
OF beaver, calf and sheep and pin seal.
The New York herald., 1922-11-30
Trade Executives Meet.

Sixty secretaries of the Trade Assc-
c.atios Executives in New York city
held a meeting yesterday at the Hotel
McAlpin. at which Frederick p. Fish.
chairman Of the National Industrial
Conference Board, was the principal
speaker. In speaking on Government
control OF business by antitrust legis-
lation. Mr.. Fish traced tho historical
development OF American business and
dwelt on the reason for tho growth OF
pools and monopolies. the public reac-
ton against them. as manifested by
laws and regulations. and the transition
n che present business system and new
Industrial conditions
The New York herald., 1922-11-30
TORONTO RAILWAY COMPANY. 7
NOTICE TO HOLDERS 4
oS AfLc< fY
Toronto Railway Company Bonds due

August S1st. 1921. sr
NOTICE is given to holders OF the above
mentioned bearer bonds, payable In New
York. that the same will be paid in full upon
presentation and surrender thereof to the
Company's bankers. The Canadian Bank OF
Commerce, 10 Exchange Place, New York.
on and after November 4th. 1922. together
with accrued interest at $50 per annum from
the last date upon which interest was paid
to the date OF payment. II not presented for
payment on or before 2sth February. 1Sz11
interest thereon whl cease. rss
The Company gratefully acknowledges th4
forbearance shown by Its bondholders. r.. :.
J. G. GRACE. Secretary.
The New York herald., 1922-11-30
ynterna Pape
Re b 1047
Iowa Centre
Ao fQr1
Jurgens a
o. f0xy -
q "a ~ TV
KingsC Co ELAP
- a. lnn1

d m H 1897
f.......110H
KC Fl Set & NJ
A 1ns,c
The New York herald., 1922-11-30
Katy Interest Payment.

Payment will be made at the offi&e
of the agent for the receiver of the Mis-
souri,, Kansas and Texas Railway Com
pany after to-day on coupons for inter-
est which matured on June 1, 1929, on
the roads first mortgage per cent
bonds. due 1890.
The New York herald., 1922-11-30

st l. SOUTHWEST
1st A. 1880
1I....... 77N
st l. Southwest
cnn IL 1000
The New York herald., 1922-11-30
Range or prices
STATISTICS.
LIVERPOOL.

Spot cotton quiet at 10 points advance
Tenders, new docket. 1900. Imports 4.000.
all American. Futures wers due y to ~
points higher: they opened quiet at to
points advance and closed easy at a net
decline of 1 to points. Closing prices
December. 14.11d.: January, 14.ood.; March.
f3.S5d.; May. 13.6ed.. July 13.49d.: octo-
Der. 12.72d. Neutrality-suspicious. dull; cloths
offers too low. Tho II O'Clock bids cabled
to Liverpool follow: December, 2b.2sc. !;
January, 25.32c.: March, 2o.SSc.; May.
25. 5.29c.; July, 24.0Sc.
The New York herald., 1922-11-30
TIFFANY 8 CO..

Notice Of Special Meeting OF Stockholders.
NOTICE rs HEREBY GIVEN that a special
meeting OF the stockholders of T1FFANY. n
COMPANY Is hereby called to be held at tbs
principal office OF tho corporation az otn
Avenue and 3Ith Street In the City, County
and state OF New York. on the 18th day on
December. 1902. at 12 o'clock noon. The OBJ
jects of the meeting are: .e. !.
(a) To Increase the amount OF tho stated
capital of the corporation from Twelve
million dollars tS12 2,000.0oo) TO Sixteen
million eight hundred thousand dollars
tsi6, 500, ,0O0). and to amend the certiri-
cate OF Incorporation and the certifi-
cate of reorganization OF the corpora :
tion for that purpose. and 10 take any
action necessary 10 effect tho same.
OBJ To transact ALL such other business ~
may come before said meeting.
Tho transfer books Of the corporation VIII
be closed for twenty (20) days before the day
Of holding the meeting. tt-st
Dated New York November -. 1922
JOHN G. MOORE, President.
II II 1pEA DWELL, Secretary.
The New York herald., 1922-11-30

l..-....IWM
Pennsylvania
/6Ms 1896
The New York herald., 1922-11-30
NOTICE OF MEETING.

The annual election OF Directors Of Tbs
Equitable Life Assurance Society OF ths
United States will be held at the offiee oc
The Society. Room pfI. Equitable Building.
CITY, County and state OF New York. or
Wednesday, December u, ia2.. at 10 p'ciocr
A. NJ Tie polls will be opened at 10 o'ciccK
fr tho forenoon and viii remain open until \
o'clock IN the afternoon OF that day. AZ
which time they will be ciored. Such oth-r
business viii be transacted as mssi ~-o~sslv
be brought before the meeting.
WILLIAM ALEXANDEE, Secretary.
New York. November %. 1922.
The New York herald., 1922-11-30
CUSTOM RECEIPT. s,,ss4. 4 ss.

Receipts for duties at the Custom House
yesterday wers q. .56i fsS.fd. Of which 1905
727sp was for merchandise withdrawn from
bonded warehouses and ~ ,OCs, sSJ.9T for re.
cent importetions.
The New York herald., 1922-11-30
Portland L al
64 fQl1

So. .s.-s OF
l....... S4s,
3. $50. e4K
Prod n Refin
IS 1881
The New York herald., 1922-11-30

Bway a 7U Av
con 5s 1943
2....... 70is
Bkn Edison Co
rs D 1910
f.......107is
Rklvn Ran Tr