davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-03-24
Record Rise Of Reserve Ratio.

The week following a quarcrly Federal
tax date, with its accompanying liGuda-
ton Of Treasury Certificates, usually
sees a sharp rise in the local Reserve
Banks raio OF cash 10 deposit and note
liabilities. or such changes. the 81 per
cent. rise IN this weeks bank statement
was the largest or "seord. In the week
OF SeptefNbe; =, 1921, the recovery was
"a 9er cent The rise IN the week OF
June 90 1921 was S.3 per cent, and in
the week of March %. 1921. s.5 per cent.
The Decembcr period Is affected by
Christmas demands for currency and the
change Of last December was spread
over several weeks.
The New York herald., 1922-03-24
NET INCoIdE DECREASES.
international Cement Co. Reports
$Is0,263 for Last 1921 Quarter.

The report Of the International Ce.
ment Corporation for the final quarter
of 1921 shows net income Of siS9.2ea, after
charges and Federal taxes. against $500,
zoe in the preceding quarter and $685. osi
in the corresponding period Of 1920. It's
net income In 1921 was i,i5T. $50. or $3.50
q share earned on the outstanding 5.i.-
693 shares Of its common stock. after
preferred dividends. Those figures con-
trast with sl.11o.55e. or sGe3 share,
earned on @6Si3o shares outstanding In
1899
Sales. Including the earnings of the
knickerbocker Portland Cement Conn
pany. for tho final quarter were s2,iS2.-
las. against s2.2s2,ie In the correspond
ing quarter OF 1900.
The New York herald., 1922-03-24

000 in United States bonds and
ury certificates, are shown in the Federal
Reserve Boards weekly consolidated
bank statement, issued to-day as at close
of business on March 20, 1899. Govern
ment deposits Increased by $4,000. 900,
while members reserve deposits de-
clined by siT7,7oo,ooe, and other de-
posits largely cashiers checks. by $780,
500, 900. Fedora. Reserve note circula-
ton shows a further reduction Of s5,200,-
600. and the reserve ratio a rise from
1876 to 7S.4 per cent
The New York herald., 1922-03-24
General Tirc sales Jnmp.

Tho sales Of the General Tire and Rub
Der Company In units increased 100 per
cent. in the first quarter OF ls2. COM
pared with those OF the corresponding
period OF 1921, which in dollars and
cents is gain Of 65 per cent. Since the
beginning of its present fiscal year the
company has paid two dividends or
per cent. each on its common stock and
d dividend Of TX per cent. on It's pre-
fcrred stock.
The New York herald., 1922-03-24

capital stock outstanding. IN cont ast
t1.iE .3Gi or fls65 a share, In lae
The balance sheet shows ca
st.lsl,oA. against si,Ss.45s In ~ nl
counts receivable. N,1gs..i9, IN c, afrSl
to 81, ,o3S. .Ti6: notes receivable. ,M
against 81. So: inventories, sl2567 "a.
contrast 70 Sl0s7s. 100. and account aa,
bic. s79a .ods. against Sl.O72.Sii. TIL, eHu
pany borrowed slis3,2D3 on note Il
surplus increased from s3o55 $50 1s
TO ss,37o0si
The New York herald., 1922-03-24
Exchange seats Higher.

The New York Stock Exchange seat %
Charles *. Phipard. deceased, has been
sold to Arthur L, Hetherington for
$4,000. The preceding price was sss,ooo.
The scat Of sydney w. shark, deceased.
has been sold TO v, Snowden Andrews
that OF Charles l. Hudson, deceased, 20
Charles NJ Ncwcomb and that Of
crnrir- w. N'ne- 10 noeffvrv grahats.
an Tor .ss 90
The New York herald., 1922-03-24
poRDEN,s REELEcTs OFFICERS

Patrick p. Fox was reelected yester-
day president OF Borden's Farm Prod
ucts Company. III. a. Cronk was re-
elected vice-president. Others reelected
were shepard Rarcshldc, treasurer w,
i. Marsh secretary j. H. Watson, az
sistant treasurer. and r. W. Duryea. as
sistant secretary. All directors were re-
elected.
The New York herald., 1922-03-24
YOUNGSTOWN STEEL RATES UT.

: YouNGsTowN. March 23.--rndependent
steel manufacturers Of the Youngstown
district announced to-day increases Of
$3.50 ton on slabs, Sc on small biliefs
~-u sncet bars and $500 on heavy bill
once.
The New York herald., 1922-03-24
DIAMOND MATCH GROSS GAINS.
Net Earnings Decrease siT5,so2 I'm
1921. Report Says.

The Diamond Match Company gross
earnings increased So7a5a in 1921. but
it's net earnings decreased A'5,so2. It's
net profits OF si,e5ls0a, after charges
and Federal taxes, were equal to NS
4 share earned on tho tls.s55. 100 Of its
The New York herald., 1922-03-24
Loss by waIwor,h Manufacturing.

A loss Of si.si2s02 is reported by the
Walworth Manufacturing Company in
1921 after charges and inventory adjust
ments That deficit contrasts with
earnings equivalent 10 $3.50 a share on its
common stock after navment Of rs pre-
feIt"d stncS dividends IN 1870.
The New York herald., 1922-03-24
wIGGIN HEADS BANKERS cLUr,

Albert II, Wiggin. president of the
Chase National Bank, has been elected
president Of the Bankers Club OF Amer
lea to succeed the late A. Barton Hep
burn. who had served as president of
the club since It's organization.
The New York herald., 1922-03-24
IIARIIIIIES.
rofNl .........sl. .ls. .sog ela u .a0a. .l?1 Vac

Ratio of total reserves 20 deposit and Fcd-
ernl Reserve note liabilities combined, March
-, sd.7e6 March Is, Tss.
Contingent liability on bills purchased for
foreign correspondents. March q, siV,tc9,jod'
March i5. si0.of1 ,s1B.
The New York herald., 1922-03-24
UNITED STATES TREASURY STATEMENT
n,renre recslnta and s4nendltursr al \

New yerkH rurc,a /
ID. C..
The New York herald., 1922-03-24
FEDERAL RESERVE
BANK STATEMENT
Discounted and Purchase Bills
Goin-Ratio Up.

Special Dispatch to TIE NEW YoaE HERALD.
New York Herald Bureau,
Washington, ID. c., March 23,
Aggregate increases of $e3,300,000
In discounted and purchased bills,
as against reductions Of $4,000
The New York herald., 1922-03-24
MONEY MARKET.
THURSDAY. MARCH, %.


THURSDAY. MARCH %.
Renewals. fialLast.......... ssL
High.,............ ~ Years high...,..
Low............. 4talYear's low...... 3
TIME LOANS.
Mixed collateral, 10 10 90 days. . ~
Mixed collateral, TO o months. ~
rndustrials. t~ months. ........... 4sT4N
COMMERCIAL PAPER.
Rest names to g months. s............ AZ
Other nance 10 months. AZ
DISCOUNT RATES, RESERVE BANK.
Commercial paper. si5 days. SM; so 70 90
days, sM; Liberty bonds and Victory notes.
u days. ~, y e % 20 Day. tHi bankers
spiked November .. Previous rate. 5.
fixed September y.
OPEN MARKET RATES.
Cali loans and acccptances, ..,...... .es
snces eligible tor purchase by Federal Ro-
Bid Ask hid. ASK.
70 days... AL 3is 90 DAYS. .. M. ~
20 days.,... aTi 3iIiao days.. 33t ss
CLEARING HOUSE STATEMENT.
Clearine House exchanges, STa7 600. 600;
balances 81, ,nfn 900. Federgl Reserve credit
balances. S5@do0oo0.
SILVER MARKET.
official bar silver IN New York, domestic.
aas.r unchanged; foreign, Gi7tc. off Sc;
London, 3a9sd., OF I'D; Mexican dollars,
Range Of Silver prices this year;
Highest. Lowest.
Tendon ....... .--rd.. jan 72isd. Fob 20
NeW Yorl ec. iar iv 6sa.e. 4 Il =
The New York herald., 1922-03-24
FOREIGN BANK STATEMENTS.
LONDON. March 2S.--The Bank or Eng-
ands weekly statement shows changes as

proportion OF reeerve 10 liability, 1I.No per
cent; last week, ls.oS per cent. Rate Of
discount, AZ per cent
PARIS. March o3.-The weekly statement
n hte Bank OF France shows changes as
The New York herald., 1922-03-24
OPEN MAHKET RATES.
CLEARING HOUSE STATEMENT

C'learine House exchanges, SfaI 600. 600. /.
balances ST.. 900 900. Federal Reserve credit
balances So 100000
The New York herald., 1922-03-24

i ~ iaao teaeAng fe Te.eauN n iuly ~ IntntF1
The New York herald., 1922-03-24

81 .isg .so5 .ls 81 .eOa lga .gvO
The New York herald., 1922-03-24

Mixed collateral, 10 20 90 days. ... az
Mixed collateral, 4 20 O months. .... ~
1ndustrias, 20 10 90 days. ........... fis14
Industrials. 4 t~ 9 months. .......... 4isTf
The New York herald., 1922-03-24

Rest names to @ months. hs............ Az
Other nance 10 months. AZ
nssEnrt~r nATRS RE~EnlE nA~G
The New York herald., 1922-03-24
N. Y. RESERVE STATEMENT.
RESOURCES.

MArVN =. WlINU "
Gold and gold ctfs. So Vso, ,6St s2..,bes,uVV
Gold settcmt fund .
IT. H. Board. -. si ia02.fN aJ,lO"sVOu
The New York herald., 1922-02-26
UNITED GUARANTY co.
IN CHARGE OF SHERIFF
Deputy Seizes Offices of Big
Philadelphia Corporation.

PHILADELPHIA, Feb. 25.--rhe offices of
the United Guaranty Corporation, said
to have been organized as an agency TO
sell stock of the United Auto Stores.
Inc. which went into a receivership
Thursday, were seized by a deputy
sheriff to-day for the Land Title and
Trust Company, owner of the Stock
Exchange Building. in which the offices
are located.
A petition to place the Guaranty Com
pany in the hands of a receiver was
filed in United States District Court
yesterday. The Auto stores firm failed
with liabilities listed at s1,50o,0O0. ac-
cording to a petition filed in Federal
Court in behalf of stockholders asking
for receivers.
Counsel for Edward 3. p. Carrier.
president. issued a statement to-day in
which Carrier Is said to have declared
that the firm was absolutely solvent"
and that those stores of the string SELL
ing auto accessories in four Eastern
States that were considered dead
wood" had been closed.
The New York herald., 1922-02-26
REACHES OCEAN
AFTER ], 500 MILE TREK
Columbia Man on Way Home,
Due to Illness.

DR.. Henry II. Rusby, director OF the
School OF Pharmacy of Columbia Uni
versity. is reported to have arrived at
Manaos. Brazil. after a 1900 mile trek
through the South American jungles.
DR.. Rusby is on his way to New York.
having been compelled to abandon the
leadership of the Mulford biological ex-
ploration of the Amazon basin.
According to a recent announcement
DR.. Rusby has been crippled by neuritis.
which has been aggravated by an in
fected tooth. and his decision to
return TO this country came only after
months of suffering.
The work of the explorers will be
continued in Bolivia and Brazil under
the general direction of DR.. w. NJ.
Mann. assistant curator in the division
of insects of the United States National
Museum, who has succeeded DR.. Rusby
in general charge of the expedition.
The New York herald., 1922-02-26

the press, and to this the receiver and his
counsel have made no objection" This
was the statement Kardos made:
The New York herald., 1922-02-26
MISSING BROKER
SOUGHT IN.CANADA
Three Clews Obtained as to
Whereabouts of Alfred
Lindsay.
VICTIMS LOST 100000
One Grand Jury Will Devote
All It's Time to Com
plants.
VICTIMS LOST 100000

One Of the three Grand Juries now In
session will be asked to devote itself eX-
clusively to the complaints against AL
fred T.. Lindsay, vanished Nyack broker
who is accused of swindling society and
professional women out of more than
100000 in cash and jewelry through
fake stock transactions.
District Attorney Banton said yester-
day he has enough evidence to keep the
jury busy for some time and that tie
wide publication of Lindsay's swindlins
schemes Is almost sure to result in a.
ditional complaints. Tomorrow morn
Ing the complainants who include Mrs
Lillian B. Duke, Mrs. Dorothy Atwood
Miss Charlotte Nillson. Mrs. w. Fl.
Arnold, Miss Florence James and others.
will visit the Criminal Courts Building
and tell the Grand Jury what they know.
Meanwhile the District Attorneys of
fee, without waiting for an indictment
Is trying to find out where Lindsay
went to after he disappeared from this
city December %. Arrangements have
been made to ascertain IL the broker
has left any money in New York banks
Lindsay's picture has been sent broad.
cast throughout the United States and
Canada and citizens have been asked
to communicate with the District At
torney if they recognize him from the
Photographs printed in the newspapers
Neighbors Of Lindsay's in South
Nyack. where he occupied comfortab bic
home on the Hudson River. furnished a
clew yesterday which led to the notifica
tion Of the Canadian police. Another
clew was suggested by an undertaken
VINO was said to have been intimate with
the broker. A third lead, 1t was re-
ported. had come from a contractor in
ST. Adams, l.. I.
Mrs. Joseph I. Cornell OF Bayside. l.
l.. who was mentioned as one of Lind
says victims, to the extent of $4,000
The New York herald., 1922-02-26
4 MORE BROKERAGE FIRMS
THROWN INTO BANKRUPTCY

ing crash. and that when it came he
simply went away for a few days rest.
kardos repeated with great emphasis
that there had been no bucketing by
his firm. Nor had there been trad
ing for the account of the house against
customers trades, he asserted. In this
his statement corroborated that of Mr..
Burke. who had pointed out to the re-
ceiver the clause in the partnership
agreement to the effect that there
should be ro such trading.
Mr.. Burke had with him large stack
of kilograms and letters he had re-
ceived offering aid and sympathy. He
said. too, that several large concerns
had been negotiating for his services.
but he refused to go into any details
or to name any of the companies. He
seemed greatly relieved that Kardos
had appeared.
Bucketeer Buying Hinted.
Sharp advances of prominent stocks
in the last few days, including United
States Steel common, Bal Twin Locomo-
tive, Rock Island and Union Pacific. per-
suaded many followers of the market
that the efforts Of bucket shop proprie-
tors to get out of an uncomfortable
position accounted for much of the buy
firms has suggested that an early de-
velopment might be the descent Of tine
Attorney-General of New York on Wall
Street to examine brokerage office ac-
counts, which he has the power to do
under the Martin law. The bucketeer
who could not show the securities called
for by his books would, in case of such
examination. face sudden extinction.
In the last week Steel common sud-
denly experienced a heavy demand
which carried the price from 901s tc
slightly above 96, an extraordinary
swing In the light Of poor steel bust
ness and the fact that the corporation
has been paying dividends out of its
surplus When the urgency OF the
weeks accumulation ended on Thursday
the price receded to a position under 80
Baldwin Locomotive went from 1855 tC
1091a and Union Pacific from 131 to 134
The evidence uncovered in the anti
bucket shop campaign shows that th'
high class bucketeer makes a specially
of stocks dealt in on the New York STOCK
Exchange. When things were going vel
up to a month ago bucket shops did moi
need to have many securities on hand
for most of their customers were con
tent to believe that their stocks actually
were In the hands of the brokers. But q
lot of spectators have insisted on see-
ing the certificates lately, and many
have taken them away, forcing the
bucketeer to put some real money into
stocks.
The New York herald., 1922-02-26
RODMAN WANAMAkER
DECORATED BY ITALY
Congratulated by Gen. Diaz
for kindnesses.

Rodman Wanamaker, chairman of
Mayor Hylan's Committee for the Recep-
tion of Distinguished Visitors. has been
made a chevalier of the Italian Order
of the Crown. according to a congratu-
latory letter received by him yesterday
from Cen. Armando Diaz, who tour.d
this country recently.
Gen. Diaz says the decoration was
conferred on January 25 by the italian
Government for personal kindnesses
shown to the Italian mission" which
he headed
The New York herald., 1922-02-26
Continued from First Page.

the press. and to this the receiver and his
counsel have made no objection" This
was the statement kardos made:
kardOs Assumes Blame.
IT want to absolve my partner Gov.
Burke. from any cause leading to
this unfortunate situation. and if there
is any responsibility ! want TO assume
1t. He possesses a wonderful character
and has been honorable throughout, and
any criticism of him is unwarranted.
THE public, and particularly the
creditors. are urged to hold expression
Of opinion IN allegiance until / obtain
statement of the firms affairs, and l reel
certain that / will satisfy all demands of
creditors. but must ask for their CO.
operation.
THE public may as well know that the
actuating cause of the failure was the
continuous closing and withdrawal of ac-
counts due to vicious propaganda di-
rected at our firm because of member
ship in the Consolidated Exchange and
envy of the large business that we
brought to it. and defy any one to show
that one share of stock was ever
bucketed. Customers men were even in
duced to leave and took their accounts
with them to other houses.
WHICH Wcul " EuIOPc idSI Aait ~
arrange for foreign connections. which
l succeeded in making, then Jealousy or
envy knew no bounds. Every concelv-
able rumor was spread in my absence.
l hurried back to stop 1t. but they
spread so thick and fast that no amount
of assurance seemed of any avail.
II have letters received by customers
which bear out my assertions.
II repeat that II the creditors give me
half chance I will rehabilitate myself
and satisfy Them
Offers to Pay In Full.
Kardos said his own property was
worth about $4,000 and his wife had
100000 to add to the assets. He
promised to pay 100 cents on the dol
lar" if it took him thirty years. He
inferred that there are two automobiles
in this country which he will give up,
as well as the two in Germany. He de-
MED. however, that he had ever been a
runner" or messenger. This story
he said. was ridiculous.
Questions were asked as to where
Kardos had been since the failure, but
Mr.. Ross, his counsel, shut them off
with the statement that 1t was of no
consequence. as Mr.. Kardos had ap-
peared and offered to cooperate with
the receiver He said his client had
been upset for days over the impend-
The New York herald., 1922-02-26

called yesterday at the office Of Assistant
District Attorney Murphy. who is In
charge of the case. and asked to with
draw her complaint She explained that
although she had turned over to Lindsay
$4,000. which included money collected
on $4,000 insurance policy on her
husbands life, the broker has since made
good. and she thinks he has returned the
entire sum.
The New York herald., 1922-02-26
THREE HOUSES BURNED.

NEWTON, N. j.. Feb. 25-Three
dwelling houses at Lafayette near here.
were destroyed by fire to-day. The
loss was 100000.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-16
CONTRACTORS NOW
AVAILABLE HERE
Are Ready to Take Care of
Immediate Building Need
of City.

As result Of the willingness OF
contractors to tell the New Home
bureau Of their availability for ad-
dtIonal construction work, C.. F.
Wagner. manager of the bureau,
stated saturday that sufficient con-
tractors are now available TO care
for the immediate building needs
of the city and that the bureau
is in a position TO find contractors
for large number of prospective
builders.
Il is said that many persons IN
the city who desire 10 build have
de.ayed action as a result of being
unable TO find a reliable contractor
and that they viii begin construc-
ton work If assured of a contra ctor.
AS a result of the bureaus call for
contractors. large number have
already called 70 list their firms as
available and ii is expected that
within a few DAYS Last week was
a busy one for the bureau with
more and more interest manifest
i'm building throughout the
city. No exact data as 20 the num-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-16
BY GENE COIN.
Especial TO The News-TImes.O


SAN FRANCISCO. July 15.-(By
y. z. A. News Service) The great
est peace hero!"
Out OF the ranks of manned men.
whose valOrOus deeds won for them
a place in the living hall of fame"
at the disabled veterans convention,
just over. who has carried on" most
courageously and with best results
since the armistice.
The verdict ia.
Michael Aaronsohn the blind
chaplain OF the vets-Fighting Mike
from Cincinnativ
Before leaving his post as vet com
mander, Judge Robert =. Marx gave
TO AaronsOhn this second honor.
And here are the two records upon
which the decision is based:
His war record: Aaronsohn. aged
90. was student at the Hebrew
Union college, Cincinnati. when
America got in" As such he was
entitled to draft exemption. He in
sisted on entering the combatant
class. One September morning in
the Argonne a bursting shell tore
away both of his eyes. He was left
in a ditch 10 be later picked up and
carried five miles behind the lines 70
a hospital
His peace record. Aaronsohn re-
turned 10 the America he would
never again see As though there
had been no tragic interlude. he took
up his studies where he had left of.
He continued TO win high honors: he
viii be ordained a rabbi i'm 1928. In
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-16
ABANDONED COUPE
ONLY CLUE LEFT TO
ROBBERS IDENTITY
Bandits Escape After Robbing
and Beating Raby and
Girl Companion.

An abandoned Ford coupe was the
only trace left the police of the iden-
tity of two unmasked holdup mon.
who Friday night robbed and beat
TO insensibility Charles Raby. 122 y.
Hill ST.. and Miss Eva Slagrey. col
W Lawrence ST. Mishawaka. at the
intersection of +. ColfaX av. and
GreenIawn av.
Raby reported the attack upon
him and his companion to the police
late Friday night, saying that they
We're severely beaten about the head
by pistol butts after having been
robbed Raby received a deep
wound on his head while Miss Sla-
grey's hair was saturated with
blood. Closer examination showed
that she was suffering from several
cuts on the scalp.
According TO Raby's story to the
/ police he and Miss Slagery were
I seated in his car at the street in
/ tersection when the two men slowly
approached and ordered them out Of
the machine. The couple obeyed and
after alighting Raby WAS relieved of
an Elgin watch bearing his name.
besides SIC i'm money. Miss SlaEery
stated that a wrist watch. later
! found entangled i'm her hair. was
also taken Icy the robbers. After
robbing the couple. the bandits then
began beating them about the head
with the butts of their revolvers.
Word had been sent out to all
! the men on the beats TO watch for
the Ford coupe, which Raby report
/ ed the two men drove away in. Of
ficer Luzny, of the River Park beat
] later saw a Ford coupe pass and
I Communicating a passing Studebak-
! er car, gave chase Luzny first made
4 "a report 10 the station Of his belief
! that ne had located the car and wa:
! about to give chase This informa
tion in turn was given to Capt. Ham.
! iltOn and Sergt Delinski, who haC
gone 20 the Raby home with a de
/ tail of men.
Abandon Car.
The police Fords were pressed in
! TO serice because of the Cadilla,
/ touring car being. taken to a loca
/ garage for overhauling. and the Of
hCers started for River PARK il
search of the bandits.
The bandit car had turned into
/ Glover ST., believing they could es
/ cape. but finding they could go NJ
further, abandoned their car and dis
appeared before the police arrived
The police We're unable to Obtain
a description Of the men and Rab!
was in no condition TO give any &C
Z curate details. so severe was the
beating he received at the hands>ot
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-16
Catholic Church Burns
At Rolling Prairie. Ind

LAPORTE, Ind, July 15.-The
Polish Catholic church near Rolling
Prorie was a mass Of smoking debris
tonight as a result of fire of un-
known origin. The building. which
was erected at cost OF more than
$4,000, was quickly enveloped in
flames and in less than an hour and
a half only a portion of the charred
walls remained
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-16
Three Drunk Students
Sent Home From School

MOUNT CLEMENS. Mich. July
15.-Three boys, the oldest twelve.
pupils at the Wilson school, came
10 their class rooms so hopeIessiy
drunk they had TO be carried to
their homes. The boys claim to
have found and drank a bottle Of
dandelion wife during the dinner
recess period near the railroad
tracks Police are Investigating a
story that one of the boys secured
liQuor-something with @ stronger
kick than dandelion wine-in his
home. The appearance of the boys
i'm their classrooms caused a grea.
eommotiou among the other pupils.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-16

the two men The abandoned car
bore an Indiana license. but a pair
Of Illinois license plates were also
found under the front seat Th=
police are inclined TO believe the
coupe was stolen from Chicago and
have communicated with the police
Of that city in an effort 10 trace the
license plates.
Besides the plates the police found
a box in the car bearing cigars. can
dy, canned goods and chewing gum.
which il is believed was stolen from
@ grocery store.