davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-02-19
Rise in Stocks
Is Renewed in
Active Trading
Renewal of Advance Indi-
Gates Upward Movement
Is Based OH Improvement
in the European Position

resumption of the advance in stcr-
ling which carried the quotation or
cables to Sa.37S4. only = cents below
the rcccn. high. ovcrshadawcd other de-
Nelopmcnts IN tho financial markets yes
terday. notwithstanding all departments
themselves. Francs and lir, figured
conspicuously in the renewed promi-
renee Of the foreign exchanges, both
attaining new peaks for the year. while
were sluggish The market achieved I'M
usual activity for cursailei session ard
buying was of general character.
The renewal Of the rise after so brief
q period Of narrow fuctuaton subse-
quent to the reaction of week ago
tends to stamp as correct the interpre-
tation that the forward movement over
the last several months has been based
European position. Narions statistical
displays demonstrate this bctterment
but there has beer an indispositon in
some quarters TO accept them at their
face value and a. consequence a CON
siderable amount OF short selling has
recently occurred. The market has dis
played good resistance to these opera
tions and the existence of this interest
was unquestlonably factor in yester-
days advance With foreign trade at
reduced values. there continues scar
city Of bills and any real buying has a
relatively greater influence than nor
mally.
The situation of the foreign cx-
changes gave added force to the ad-
vance in the commodity markets. but
the day was favorable to the rise
President Harding's pronounccment re-
gardng the turn for the better in
financial and economic conditions in
this country, issued in connection with
the national banks statement, was &C
cepted as constructive, particularly in
the wheat market where attention was
focused on his recognition of improve
ment in the position of agricultural
banks The market was active on the
buying side and the net gain of 3's
cents on the session reflected the in
huence of this statement and Of re-
ports confirming a smaller Argentine
crop and of dry weather in this coun-
try.
Cotton registered an advance of 80
to 40 points. Sentiemnt was similarly
shaped in this marke,. with indications
of trade buying and forecasts of q
settlement of the New England mil
strikes OF important assistance
In the stock market the downward
trend Of the two preceding sessions
attributed in a measure to realizing
sales and to manipulation by the pro
fessional element. was reversed. Trad
ing was only moderately active, the
turnover being limited to about 100000
shares, but both activity and strength
were cumulative. with the close strong
Gains ranging from fraction TO a
point or more were literally scattered
throughout the list. railroad equip
ment stocks being especially favored
Railroad. shipping and gas company
stocks were also in demand. Bonds
were hardly better than firm.
New-York tribune., 1922-02-19
Clearing House Statement

The statement Of the Clearing House
banks, issued after the close Of bust
ness yesterday. revealed slightly
smaller deficit in reserve than a week
ago S2198, TAO, the upward adjustment
amounting TO S335,850. The actual fig
urcs we're in contrast 80 the daily
average showing, which included A sur
plus OF s12 983 290. A contract in loans
and discounts am counting 10 S4S, 76o 600
occurred, while net demand deposits
increased $20s93 900 and time deposits
IS .541 900. Government deposits de-
clined sharply result Of the with
drawal Of Ss6, 100000 in connection
With thc maturity Of 1858 900 900
Treasury certificates or Thursday.
New-York tribune., 1922-02-19
Cuba Cane Sugar

The strength Of the Cuba Cane
Sugar issues is believed TO be a reAcc-
tion of the recent improvement in the
sugar industry The company soin'
time ago announced that it had sold all
It's last seasons crop and expects % get
better price for IT'S new crop. The
Cuban raw sugar market is frmcr and
refined prices we're advanced yesterday.
More than double the production OF
sugar is reported by some ccntrals in
the eastern provinces. compared with
the corresponding period Of last year,
according 70 the Federal Sugar Rehn~
ing Company. Fears at the beg,nnin.
Of the season that some centrals would
be forced TO close down because they
could nat sell quickly enough or a. 4
satisfactory price have not yet been
realized
New-York tribune., 1922-02-19
Hanging Near the Top

Prices are Hanging" near the TOP.
says a market opinion Of J. S. Bacne
e. Co.. which adds: Stocks have been
pushed up just so far, and are now
experiencing difficulty in making furth-
er headway. Nearly every known ar.i-
.ice and stimulant seems to have been
employed e. powerful and resource
full speculative group to sketch the
superficial appearance of bull mar
ket. Prices have been advanced b.
strong arm and spectacular methods
broad following has been sought, but
only floor traders and professional. S
nave gone along. The moment there
are too many hangers on stocks are
left to shift for themselves or are
given a shake ont. We may be in the
foothills of a bull market, but even
they have their ups and dowls. ard
for the moment we seem to be near or
at the top of one of these foothills~
New-York tribune., 1922-02-19
The Dollar in Foreign Exchange


Strong demand for French francs
featured yesterdays market in foreign
exchange. Sterling as we'll was in
markably heavy for a Saturday.
The sharp demand sent quotations to
new high levels for the week for ster-
ling. with cable rates on London at
S4.37s, and highs for the year on Paris
at 8.9s cents and on Genoa at 4.96l2
cents. ContineNtals as rule showed
strength.
Changes for the week were generally
toward higher levels. II you calculate
the cost of the dollar in terms of for
cign money or currency exchange value
that Is, if you We're buying dollar
with pounds, marks or francs its
value yesterday. compared with last
week and q year ago. follows:
New-York tribune., 1922-02-19
Fulton Motor Creditors
Get SO p. C.. Dividend
Previous A]lotnents of 10 Per
Cent Made in 1920; High
Rate Causes Surprise

Judge Learned Hand to-day declared
inal dividend for the creditors of the
Fulton Motor Truct Company of SO per
cent. Previous dividends were 40 per
cent, declared December s, 1920. Claims
of general creditors, it was announced.
aggregated little more than $3.50, 900.
The result was accomplished in an
equity receivership. The unusually
high dividend came as surprise to
creditors.
The Fulton Motor Truck Company
had factory at Farmingdale, L. l., and
went into receivers hands November
8, 1919. Thereafter all the assets were
sold and a new corporation was organ
lied. known as the Fulton Motors Cor
poraton, of which Garvin Denby
brother of Edwin DENLY, Secretary of
the Navy, is president. This company
is continuing manufacturing.
New-York tribune., 1922-02-19
In Wall Street
India Taking Gold

In contrast to the situation Of a few
months ago. when the United States
was receiving gold from india, the
movement currently is setting IN the
other direction. Bankers report that
India has recently been outbidding
American interesta in the open mar
ket in London, but that the amount
available there owing 10 the labor
troubles in the Rand has not been suf-
fcicnt to meet her demands. A ship
ment Of gold. valued at $500 900. went
forward from London TO Bombay sst
week and in addition an amount est
mated at $500 DOC was engaged from
various bankers here The reasons
underlying the movement arc not al
together clear
New-York tribune., 1922-02-19
Pacific Telephone and Telegraph

The Pacific Telephone and Telegraph
Company has called special meeting
OF stockholders for April 10 to approve
the issue of an additional S25 900 900
preferred stock and refunding bond
issue of s25,00O.O00. Ii approved the
proceeds of the stock Will be used to
take care Of the company's floating
debt. while the bonds will provide
funds for new constructions Bankers
assert that 10 early Offering of the
bonds is contemplated. The future,
however, is expected to include quite
large number OF public utility offer
ings.
New-York tribune., 1922-02-19
Government Operation

Commenting on the recent declara-
tions of W. G. McAdoo and Walker D.
Hines. two former director generals OF
railroads, that the carriers were oper-
ated with the greatest practicable effi
cheney under Federal control THE Rail
way Age states that "meantne. the
railways under private operation have
been efecting increases in efficiency
and economy which afford the best an
swer to the statistics and arguments
of Messrs.. McAdoo and Hines" The
publication shows among other things
that under government operawtion IN
1919 the average number of men en-
ployed by the railways was 1.9l3,422,
while in the ten months ended with
October. 1921, the average number Of
men employed was only l,656.6l5. Il
points out that in these ten months of
private operation the carriers rendered
more passenger trains service than III
1919 and handled only II per cent
less freight traffic and at the same
time employed 1872 per cent fewer
men. 1t is further shown that in spite
of the higher scale of wages the num-
Der of employees has been reduced so
much under private operation that the
wages paid in October, 1921, were only
$237 900 900. contrasted with $253 900 =
600 $~b3 900, 900 in October, 1919, under
government operation.
New-York tribune., 1922-02-19
British Competition Develops

Ir.erest in invc stment circles in the
Dutch loan negotiations was Keyed AZ
high pitch yesterday when it Was
learned that the competition for the
business docs not lie wholly among
American banking groups. Advices
from abroad indicate that British
fnanciers are seeking the loan and
good deal Of uncertainty exists az n
the ability Of the American market TO
meet this competition. London is be-
lievcd to be in position 10 offer
somewhat more advantageous terms.
particularly If a guilder loan is ar
ranged
New-York tribune., 1922-02-19
Transue & Williams Ne'
Profits Equal 43c sha'S

The statement of the Transus q:
williams Steel Forging IosapaJbo asJbos.l
the year ended December o. ives. d
net profits. after charges anu &c ss cents
$43.l3S. This is eQaiya emf 70 - .,es d
a share earned on the loo,ooo So 80 and
stock outstanding, Of no par vs.ssa ssTi ,sl
compares with net profits OF ~ sU.srs. prs.
or s6.7O share. earned IN '"'
Gross ssles for the year msu Is:ssssil
s3,665,444 contrasted with Ss;;r,;S.nds
in 1920. After allowing tor us;t u1ssc;t q
Of 100000, there remained a u.Sa7l us.iTa.7sl
so56 So. arAinst a surplus or 81
New-York tribune., 1922-02-19
Seneca Copper Issue Sold

Announcement Wa made yesterday
that the Seneca Copper Company mas
completed the sale oi 100000 shares OF
no par value stock az $40 and payment
mas been made in full. The issue vas
auth horized IN June. 1921. and is under
stood to have been connected with the
controversy between Jesse livernore
and LeNisohN Brothers over the method
IN which the stock vas marketed. There
IS still lot Of nlystery about. the
issue which. it is felt in financial cir
ces, should be exclaimed
New-York tribune., 1922-02-19
Union Oil of. Delaware

William H. Allen, vice president Of
the Union Oil Company of Delaware,
in & letter to stockholders. states there
are now outstanding 1,SSs2Ss shares.
The company has a bank Indebtedness
Of s3,550,0o0 and. it is estimated will
require approximately $1,5o0,00O to pay
Federal taxes, expenses of consolida-
ton, not chargeable to the She'll Union
Oil Corporation, and current liabilities
New-York tribune., 1922-02-19
P.r;s Market Heavy

PARIS. Feb. Is. Prices were "s! eer!
on the bourse to-day Three pe' Tr
change on London. AZ frah's7 20 frsAts
times. Five per cent loan' nnotsd
95 centimes. The dollar "a'
at III francs so centimes.
New-York tribune., 1922-02-19
New England Rate Decision

Executives of the trunk lines do not
expect to have any formal announce
ment to make with respect to the re-
cent order Of the Interstate Commerce
Commission, awarding the New England
roads a Is per cent increase in their
share of joint rates. before the middle
of this week at the earliest, it was said
yesterday AT the meetings held last
week it is understood that chief con-
sideraton was given to the possible
vulnerability of the ruling to an at
tack by the courts
New-York tribune., 1922-02-19

PERU (par s4Se a pound)
theCks ........ s. 81 S57 al
Shecks .-......26 90 300
CHILE (par 3S.5 cents 4 pcsol
>, heGks ..-.. loes's 1oS7'a 144O
URUGUAY (psr i03.42 cents a pcso)
Checks ,.,.....sl.37L s1e2l, 1906
NENEZt Ella (par 1873 cents d boliyar)
Checks .......,l7e5 1885
Canadian Exchnnge-New York funds in
Montreal 4Is per cent premium Montreal
funds in New York. ga per cent discount
New-York tribune., 1922-02-19
Bid and Asked

Following are tho closing bid and
asked quotations Of stocks listed on tho
Stock Exchange in which there were
no transactions yesterday.
New-York tribune., 1922-02-19
London Money Market

LONDON, Feb. l8.--Par silver 33Ad
per ounce. Bar gold, 95s,>4d. Money,
per cent Discount rates. short and
three month bills. 8A per cent.
New-York tribune., 1922-02-19

HID. A
Al Rumcly i2H
do pr .... 30
Ar Reduction. 5l's
Alas Juneau. q
Al! Am Cable lo6ia
Al Chain Or OF
Am Sug list pr
Am Bnk Noto 81
do pr SIS
Am Beet S pr SAX
a c & F pr ll9h
Am Cot OIL pr 43
Am Loco pr. nay
Am Eadia pr. .li4
Am SIN pr A 81
Am Snuff pr 90
tm Tel e. E. So
Am To pr new. lOl
A z & l. pr 81
tnn Arbor =. s
do pr -. 27
Assets ri Co. Ia
A u G I'd pr 7sH
Ass, Oil 80
At Bir & A. 7s
Atlantic G l. 80
Atlantic Ref. $50
do pr .ll6
Atlas Tack e.. 1917
Aus Mich pr. IS
Auto Sales Co 3}5
do pr l3
Bald Loco pr. I07
Barnet Lea. :. 40
do pr .... 90
Bansdall A.. 20
10 r .. 20
Rkn Tn Gas. 10
Brown Shoe. =. "a
do pr ..... So
Brunswick .. 2it
Run 4 Sus. ~
do pr ~
Cal Pet pr. IS
Carson Hill. l4h
CnaA I nr GS
New-York tribune., 1922-02-19
ID. 4 X. G.. December Net
$4,000, Report Shows

The Illinois Central's December
statement shows $3.50 900 net opcr-
ating income, but presumably this in
cludes an adjustment with the former
months, as required by the Interstate
Commerce Commission, since the De-
cember gross was only $12,857 900.
Comparison with earnings of 1920 are
therefore likely to lead to incorrect in
ferences. Earnings statements for De-
cember and twelve months of 1921 tend
to bear out the contention of the Ham
mond reorganization committee.
December gross was $2,4i4,0OO as
compared with $4,057 900 in December.
1920. Net operating income in Decem-
Der, 1921 amounted to $4,000. Oper-
ating income for the twelve months
vas So'oo4, 900, as compared with &c.
84S,0O0 in the previous year.
Donyer 4. Rio CrorL.
New-York tribune., 1922-02-19
Bid. Asked.

Bid. Asked.
niv .. IN IS
Ohio Body Bl. l2ia Is
~ e.. A. IS
ot!s Elov pr. s3A e5
otis Steel pr. 40ia 80
- lV, d T. 81 %
Pcre NJ pri pr e7,x css.
~! Jones pr 50 al,s
PITTS Coal pr. 80 oli.'
n'ttS Steel pr. s. ao -
p 81 Car p, 50 +.
my st Spr pr.llo llsX
Res & Co. \ 10 ID .
do pr ..... Al 40
Nolu T lst pr 60 Sy
do I'd pr. 50 3,
savage Arms. IA lsia
:, : - Roo pr olla 81
: $ $ a ! pr - ~
5 p n Su ir 81 81
standard alill.ll4 III
Sup Steel :. 27x 50
r., -. pl. cu
,HL%W ct r - IS
Twin City n T S. IS
w pf 49,. 20 IS
Underwood r log
20 pr ..l04 llSN
~, y rlS :, pr.llon lie
90 pf ...l0aH l01rt
IN Ky Inv pr 2; 25L
vSCIP& r pr 6o1s 81
T. $ Express az az
Va Car Ch pr 66L IS u"
" abasn pr B lS% iilL
Weber & Hell IL iI =
Wos, Md I'd NJ /, -. ~
"est'se A B. ss 81
White Motors. ssN 80
",.e- ~. lly 10
WI \ NJ pr A So a8
do pr u. . 6S ~
Wright Aero. IA "a
New-York tribune., 1922-02-19

Bid. Asked
mt Cement e.. 20 29s.
| NJ r 2d pr "a 81
Int Paper pr. 50 100
Int salt .. s. rs
Iowa Central. A.. 6
kayser J .. 50 81
,Io lst n. ia
Kelly Spr pr. 7o 81
DO S pc pr. 8, 81
Kelsey VIA Or % 100
kcok & u NJ. 3 5
DO pr ..... 20
krcsgc pr .l05 hoy
krrss a. Co.. 90 los
do pr ... 30 ia
L L & " pr q so
L!sg \ NJ pr. HON IA
do B $50 100
Lima Loco pr oS 100.
Lev B lst pr a7i, %
do od pr. 100 40
t'rillard pr. l,0 H.
Mackay Cos pr CO.'S 6l3,
NJ ai'i- son .... Is lS1.
Man Sugar pr IS so
Mar Rockwell. 6Ia s
NJ NJ lst Dr ~ o
do "a pr ct . 4
M.rh Nn,ral.l20
MSf&SSNI pr. SO 9s
DO lsd lines. 81 81
NJ X & I pr ~
Aont Power. G5a. 81
do pr ...l03is
Mullins BY ~. s6h
Nash & Chat. 100 no
Nat Biscuit. .lSo la
do pr ..ll9& l?O
y G & S pr rs So
\ L & S pr SO al
Na' Lead pr. Ill ll2,.
NkR NJ lst pr G 0
NiC&s l. lst 73L 75
do ID pr. .. 66Ys CIV
y Y Dock pr 80 5t7,
n Y o Il " 2lix 21L
y Y ST Rvs t,ln 10
New-York tribune., 1922-02-19

Se"' Bid. Asked
- ccrtaii!teed s. g.,
81 do lat pr. u. 76ha 7eas
81 Z n Ait pr. ~ )
!" : q Z Ill pr 32E sa,s
alls do pr .' @ . 81 81 80 80
s. Nc& $ l. pr ~ ss :. q
"a Cluett Pea pr. 90
5?.s e F & | pr. ~ lo5
6': I x $ lst pr 5IH SO
DO "a pr. 80 =.
47la Con Cigar pr g II
IllA Cont Can pr. 100 1ol
Cont lns Co. 6S e9
80 Crex Carpet. .. 27 e.
100 ,n Am Su pr so 90
81 Yet Edison l05la lo7
I0l% Det Tn RR.. AZ
SO ID $ S x a.. s,a
II DO pr .. 5!s s
20 Durham Hos.
~ do pr ..... so q,
lolh do pr ......v,
rec st Bat. 1894 l40
S9|3 E'khonl G pr. "a 10
$50 EN- Brant 81. ! 6
II 20 pr .... 20 %
l5 Endi John pr. lo5'a lOs Il
76E Erie I'd pr. ... l0i3 II
"A Fairbanks 49,. 20 20
14H Fctl NJ s. S. 10
|07H Fisher BY pr.lol 1903
As Gn Asphalt pr ss os
Gen Cigar pr.l0OA lo2a
70 do pr deb. 81 QSis
% g NJ g nc pr 6vH 70
72 GillEand 0 pr. so 90
~ Goodrich " g.. 81 IS
81 CRANKY VI u s9l,
2% Greene c G. % .,
Guam Sug pr. 10 so
30 G 3 8 lst pr 80 90
81 Hartman Corp sSis
Is III Central ! 70
73 Int Har mr. I06l inJk
New-York tribune., 1922-02-19
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings

Copyright 1922. York Tribune Irc.)
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-26

He said he had expressed his or
view-he wasn't Committing ~
party TO anything but it IL mott.
worthy that Mr.. Baker continue Il
control Of the county crgauisatnn
here just the same.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-26

labor Quxrters q this doctrine.
Newton Baker has always been
known - > progressive Democrat.
He ID chairman Of the Democratic
coanty committee. He heard more
than murmurs from the politicians.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-26

| eltlnssd nm viIst fass.)

= = 49, =. -sss - 49,
1n1ndstrAuon Oaa Wih % tns cOn-
eiissslonal contest Carmi Thcmp-
-. Republican candidate for GOV
sguor. Il y, intimate friend Of
preaidAnt HardinR. The incum-
keSf a Co1nmhus Il ( Republican
Ssst ~ vasnt renominated. Strict
ivsnr fhs efatA record. Mr.. Thomp-
- All not nave much OF m OBJ,
isnr4nnifv On the stump. Vic Dom,
shev. the Democratic candidate, ii
nonuIar, He ran away ahead Of
his ticket "A 1870. The friends Of
Thompsou will wage q stand by
the president campaign. Four
huudred thoussnd II Z big majority
fUr any Democrat to overcome.
H0nahey will cut Il down extern
dyely. It's TOO early to say who
rill win but a. Donahey takes
tsfge slices out Of the Republican
lead Of two years ago, he will pull
With him many Democratic con-
xressmeu. The Republicans have
All tire members Of congress from
min now. They may lose half Of
fhem
un,. L.. som. rI1urer.
s...,..;a., u,1
20 - M c,ara,.rs News Re-
nnblican newspaper. took the
Maine election figures and calcu-
lated the ratio of gain and loss if
anplied nationally to the conclus-
Inn that the Democrats would un-
der those circumstances select II
mt ri % representatives. Carry
mo n thrnmrhout the nation he
,onines that the present Republican
mn ioritv In the house of 1877 will be
cut down To 30
The we, and dry issue will be
hsro n a new form A referendum
m an amendment to the state con.
statution permitting light wines
ana beer will be voted ON No
yember I. II will hardly be a fail
test MANY people who might an.
nrove know IL would conflict will
the federal constitution and they
will not waste time voting on it
Nevertheless the issue will b,
widely discussed and the candi
dates will win or lose votes BY
their respective declarations on 1t
-. Industrial Ills Disturb.
Again In Cleveland as II was |,
Nav York tha vriter discovers TN,
nmh,,o yn;rS 40 a,sturhed about In
. Swstri.i ;i,s The heasouarters q
~ ra;Iroaa ,,rotbarhooda arc here
This 10 a union stronghoId Nothin,
hoe created unite the sensation q,
tho nreaehment of Newton n
spaler nm the subject Coninp bacl
Is the city over which he was mayo
for four years. he turned to tn.
practice OF law. me townsIoll
made him president OF the cham
Der OF commerce. He Is esteemed b.
Republicans and Democrats alike
they all have a good word to sa,
for the former secretary OF wa
hut when he wrote his so-calle
open shop letter, he went up eve
higher in the opinion Of the profes
siOnal and business men and on
might say even in the view of man
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-09-26
All Our Pattern Cloths & Napkins
Are Included In This Sale

Fine Bleached Sheets--$1.5O ca.
Our standard grade of bleached Sheets s1xso and
72x99, free from filling and ready hemmed, Special
$3.50 ca.
Pillow Cases--2 for Csc
Good, serviceable pillow cases made of excellent
quality muslin Sizes 42x36 and 45x36. All hem
med ready for use. 1ecial, for Csc.
SheetinB- Special, 55c I'd.
Over 600 yards of our standard bra1d full bleach.
ed sheeting ~ yds wide goes into this sale at 55c
yd
Bedspreads at Special Prices
To further emphasize the value of buying linens
and bedding now. offering our bedspreads
at reduced prices.
s2xs4-in. Crochet eedspread .........$2s5
72xeoin. Crochet eedspread .........$235
7sxsoin Crochet eedspread ......$2e5
7sxeo-in. Extra Heavy Spread .........s $3.50
Hemmed and seaoped MarseiIIes
eedspreads With Cut Corners ........$55o
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1922-06-05
United American Tried
To Buy Dutch Fleet
ROYAL Holland LLOYD Tells of
Sale of Two Ships TO
American Company

The fact that the United American
Lines and the Hamburg American Line
Jointly offered TO purchase the entire
passenger feet Of the Royal Holland
LLOYD Company is revealed for the first
time in the annual report Of the latter
concern. copy Of which was received
here yesterday This deal failed. but
after further negotiations the German
and American lines purchased four OF
the vessels for 100000 horins. A
form is now worth about 80 cents.
The annual report Of the Royal Hol-
land Lloyd shows that the severe de-
prcssion. resulting in financial dim
culties. forced the sale OF the ships.
At the time the situation became acute
last winter the German and American
concerns. which have q contract for
the Joint operation Of steamship serv-
ices. offered 20 buy the steamers Linn
burgia. Brabantia. Gelria. Zeelandia,
Uolinndia and Frisia. In later negotia-
lions the United American Lines nc-
ouired the Limburgia and the Braban-
tia. sister ships. which were renamed
the Resolute and the Reliance, and the
Ham burg Line obtained the
Hollandis and the Frisia.
This partially relieved the financial
embarrassment Of the Royal Holland
Lloyd. In addition the company ar
ranged a credit with British shipbuild-
crs for approximately 100000. and
with a Dutch group FOR 100000 horins'
or about 100000