davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-11-16
RAILROAD BUYING LEADS
BETTER STEEL MARKET
Dozen Furnaces, Some Long
Idle, Put Into Blast.

There is no cessation in the buying
OF equipment by the railroads, says the
Iron Age, which points out in its cur
rent survey of the market that during
the week orders have been placed for
1850 cars and 81 locomotives, while
additions to the inquiry list include from
$500 to $500 cars and AZ locomotives
For the entire industry" the report
says, "the operation this week is esti-
mated at rs to 80 per cent. In view of
the shipping difficulties and the small
margins of stock ON which some con-
sumers are working, the absence of shut
downs for lack of material is a mat
ter of comment.
"At Chicago the heavy railroad de-
mand the large car orders yet to come
and excellent building prospects are en-
phasizedW this weeks report. At Pitts
burgh traffic conditions are worse IN
view of a fresh embargo on Pennsyl-
vania lines, effective November 13 !;
meanwhile the market has been quieter.
In eastern Pennsylvania, where heavy
products, especially plates. are the lead
ers, the trade has simply drifted"
The Iron Trade Repteto says: Fully
a dozen additional furnaces have gone
into blast or scheduled to go in within
two weeks, some of which have not been
active for almost two years. Steel pro-
duction holds around rs per cent. IN
certain products, such as bars, sheets
and tubular goods. The United States
Steel Corporation as well as some In
dependent mills are filled up for several
months.
New buying OF steel IL not active
but has promising spots. The automobile
industry is planning full production for
the first half OF 1923, and is closing on
requirements. Farming Implement
manufacturers are placing heavier or
ders New structural business is featured
by 10000 tons OF bridge work. Probably
a dozen inquiries for oil tanks and re-
fnery construction are pending, calling
for 10000 tons"
The New York herald., 1922-11-16
BOND NEWS AND NOTES.

much better demand for bonds de-
veloped in yesterdays market in all
groups except United States Govern
ments The latter generally were under
pressure and showed slight losses at the
finish. Buying of foreign issues was
particularly good, with French Republic
and cities up from / point to over 2
points. French Republic 1as and IS were
both advanced about 21a points and
Paris-Lyons- s-Mediteranean 6s were as
strong. In the Liberty bond division the
tendency was irregular most of the day,
with the tax exempt 31as and the new
Treasury AIS in supply. The 3ks
closed about 6 cents lower. Some of the
rails were lower in the early dealings,
but most OF them recovered near the
finish. Buying of giltedged issues was
much improved. An advance of more
than / u points In Chile Copper rs was
one OF the features of the industrial
group. The traction list was steady to
firm. The days total turnover was con-
siderably under that of Tuesday, being
about S14 000,0O
The New York herald., 1922-11-16
JERSEY CITY BANKS
TO MERGE JANUARY /
Union Trust and Hudson Ma
tional Will Haze $4,000, 900.

The Union Trust Company OF Jersey
City. assets s12, 100000. announced yes
terday that it had acquired controlling
interest in the Hudson National Bank,
assets $4,000, 900, and that the two con-
Germs would be merged on January
and would occupy the present Union
Trust Company building at Washington
and Montgomery streets, Jersey City.
Fred L. Ferguson, president of the
Trust company and also Collector of
Internal Revenue. will be president of
the new institution and Samuel Drayton
will be vice-president
The New York herald., 1922-11-16
ORer Illinois ISsue.

An issue of s4.o00,00o of per cent.
highway bonds of the State Of Illinois is
being offered by William r. Compton &
Co. and Halsey, Stuart & Co., Inc, at a
price of SO and accrued interest. The
bonds are dated May /. 1922, and due
serially May 1, 1929 to 1910. inclusive.
These bonds, issued for the construction
of State highways. are direct obligations
of the entire State and are payable. both
principal and interest, from ad valorem
taxes levied against all taxable property
therein. The bonds are legal invest
ment for savings banks and trust funds
in New York. Massachusetts,, Connecti-
cut and other States.
The New York herald., 1922-11-16
MOTORS MORTGAGE RECEIVER,

Pr1rsBuRGH, Nov. 15.-The Real Es-
tate Trust Company of Pittsburgh was
appointed ancillary receiver to-day OF
the Motors Mortgage Corporation OF
Delaware. with a capital stock of s15.-
100000. John H. Moffitt. stockholder. of
Charleroi. Pa. alleged in a petition that
on October 81. last. the company had
assets amounting to s2.474.772 and la
bilities of ss.6ss.22o. The company is
engaged in the purchase OF bailment
leases and conditional and chattel mort
gage contracts and in lending money
and financing automobile sales.
The New York herald., 1922-11-16
TO THE HOLDERS OF
THE CONSOLIDATION COAL CO.
First and Rcfunding Mortgage SO Bonds
nue December l. 1850.
STNKING FUND NOTICE.

SINKING FUND NOTICE.
Notice Is hereby given, as provided In Sec
tion 2 OF Article vi. OF the Indenture dated
December 4, 1910. securing the above bonds,
that offers will be received until 10 o'clock
A. NJ, Thursday. November -. 1922, at the
office OF the undersigned, lao Broadway, New
York city, for the sale TO it on December l.
1922. at NO NccedIng i0Thgo OF par, OF bonds
OF this iss Ia such amount as VIII exhaust
the sum Of l'lfty-five Thousand one Hundred
Seventy -nine Dollars Thirteen Cents $780,
1913.
OFFERS should be addressed TO the TRUST
DEPARTMENT and prices quoted flat with
out interesD. Interest due December 4, 1921
should be collected I'm the usual manner
The right is reserved 20 reject any and all
offers In whole or IN part.
GUARANTY TRUST COMPANY
OF NEW YORK. Trustee.
by WILLIAM G. POTTER. President.
Dated New York. Novcmber 2. 1922.
The New York herald., 1922-11-16
THE ArcmsoN. TOPEKA AND SANTA FE


a RAILWAY COMPANY.
Notice of Redemption OF Equipment Gold
Nse' sres q lss 1923 1919 i9H, igs s
Of the aggregate principal amount OF tiyo
million eight hundred and eighty four M 81 thoi-
sand eight hundred dollars tS5,sS4 ,S0000l
issued under Equipment Trust Agreement
dated January Is, 1920. between Walker ID.
Hines, Director General Of Railroads, Ihe
Atchison, Topeka and Santa Fe Railway
Company and Guaranty Trust Company OK
New York. as Trustee.
Equipment Gold Notes, Series of 1924. 1925.
1926, 1927, 1928, 1929, 1880. 1881. 1882, 1883,
1884 and 1885. issued under Equipment Trust
Walker ID. Hines, Director General OF Rail-
roads. The Atchison, Topeka and santa fe
Railway Company and Guaranty Trust Com
pany OF New York, as Trustee. that Ths
Atchson, Topeka and Santa Fe Railway
Company pursuant 20 the terms and pIoNi-
mentioned Equipment Trust Agreement has
elected to pay and redeem on January 10,
1928. (the next semi annual interest dstel, az
the office of Guaranty Trust Company 2f
New York. No. 140 broadway. In the Borough
OF Manhattan, City and State of New YORK.
Trustee under said Equipment Trus, u,H xEses- .e.
Series Of 1924, 1928. 1926. 1927. 1928. 1929,
$780, 1881. 1882, 1898, 1884 and 1885, issued
under said Equipment Trust Agreement, py
paying the principal amount OF said Notes
and accrued interest 10 January -. 1873. to-
gether with a premium OF three (3) per cent
of the principal
with the coupons maturing ON said redenlp-
tion date and all subsequent coupons at the
said office OF the said Trustee, for cancela-
tion, on or after January 10, 1923. the prin-
cipal amount OF said Notes. together with the
said accrued interest thereon to January 10.
1923, and said premium, Will be paid to the
persons entitled TO receive the same. Under
the terms OF said Equipment Trust Asres-
ment Interest upon ell OF said Notes win
cease on January IL. 1923.
All Noten presented for redemption must be
negotiable In form and be accompanied by
properly executed ownership certificates az
required by the Federal Income Tax Law and
Regulations.
Dated, New York. New York.
November I, 1922.
| THE ATCHISON, TOPEKA AND SANTA FU
RAILWAY COMPANY,
BY L. g. DEMING, Assistant Secretary.
The New York herald., 1922-11-16
City of Chester school Bonds.

Stroud & Co.. Inc. of New York and
Philadelphia and M. NJ Freeman & Co.
Of Philadelphia, are offering 100000
City of Chester, Pa, 80 year AZ per
cent. school bonds, due November Is,
1852. without option of prior redemp-
ton. The bonds which are free from
the Federal Income and Pennsylvania
State taxes are offered at price OF 103
and interest returning about 4075 per
cent a
The New York herald., 1922-11-16
Chi X l n Pa
paf A 1874
Chile Copper

W FN
Chi a. w Ind
15-yr Tvs IS
1.......f0o
The New York herald., 1922-11-16
United OIL Producer. SIS.

The Coal and Iron National Bank.
trustee Of the mortgage securing the s
per cent. guaranteed and participating
production bonds of the United Oil Pro-
ducers Corporation, has asked for
tenders OF $4,000 par value for re-
demption and cancellation by the sink
ing fund up to and including 10 A NJ.
December go. 1922. bringing the amount
so redeemed to s460.000
The New York herald., 1922-11-16
NOTICE OF REDEMPTION OF
GENERAL ASPHALT COMPANY

Eight Per Cent. Ten Year Sinking Fund
Convertible Gold Bonds, Dated December
1. 1920 and called for Redemption on De-
cember I, 1922
NOTICE Is HEREBY GIVEN That Bankers
Trust Company, as Trustee under certain
Trust Agreement with General Asphalt Com
pany dated December 1, 1920. has called
for payment on December /, 1922, at the
office of Bankers Trust Company, i6 Wall
Street, New York City, s5O.eOO. principal
amount OF bonds Of the above issue at 1868
of tho face value thereof. togethsr with
accrued interest on such principal amount
TO December 4, 1922. The numbers OF the
bonds which have been drawn by lot by
the Trustee, and called for the purpose OF
The sinking FUND. are as follows:
The New York herald., 1922-11-16
Canadian Loan Not Expected.

Dispatches from Montreal indicate
that the possibilities of a Canadian loan
In the near future are remote. 1t is
by the Federal Government to pay off
the bonds maturing December /, will be
supplied almost entirely from the unex-
pended balance OF the S100. 900 loan
made in New York early this, year.
The New York herald., 1922-11-16
First Mortgage Issue.

C. L. Miller & Co. are Offering at par
and accrued interest 100000 first mort
gage z per cent. serial gold bonds Sc
cured by the Stoneleigh Court Apartment
Hotel. Dallas, Tex. The property is ap-
praised at s1.121. 900 and annual net
earnings, which also are pledged to Sc
cure the bond issue. are estimated at
S10S,a50.
The New York herald., 1922-11-16

per cent. The bonds are redeemable as a
whole or in part at the option of the
company on six weeks notice up to
and including October /, 1927. at 110
and accrued interest. the redemption
price decreasing l per cent. for each
year thereafter.
The New York herald., 1922-11-16
Tide Water Power rs.

Stroud & Co., Inc. Otis & Co, Howe,
Snow & Bertles. Inc. and r. r. Wilsey
G. Co. are offering a new issue Of
s1.5oo.oo0 Tide Water Power Company
fifteen year per cent. sinking fund
gold deben.ures, due October /, 1887, at
81 and interest to yield more than 7.30
The New York herald., 1922-11-16
ONE HIfNDREp nOLLAR RONDS.

ONE HUNDRED DOLLAR BONDS.
A-2O2 A-TTg A-061 A-fO63 A-12jo
A-226 A.05a Acre A-ii43
Holders OF the bonds above specified arc
hereby required 10 present the same for
payment on said first day OF December.
ig22 at said office of Bankers Trust Com
pany, No. 10 Wall Street, New York City.
after which date interest VIII cease TO be
payable thereon All bonds 40 prevented
must be IN negotiable form, bearing the
coupon due December I. 1922. and oil sub
seuuent coupons attached.
Dated November ~, 1929.
BANKERS TRUST COMPANY, as Trustee.
BY IL. +. Wilson. Jr.. vice-President.
The New York herald., 1922-11-16
LEGAL NOTICES.

NOTICE rs HEREBY GIVEN that YOUNG
BROTHERS of COS Broadway, on the 14th
mark ROBIN HOOD" for mems hats. In
the office Of the Secretary OF State ef the
State Of New York.
YOUNG BRoTIfEHs.
sos Broadway, New York, ". Z.
The New York herald., 1922-11-16
Southport. 8. O.. s 1-2.

c. w. McNear & Co. are Offering
$4,000 Southport. South Carolina. high
school district "A per cent. bonds. due
prices to yield $40 per cent These
bonds are exempt from Federal income
taxes.
The New York herald., 1922-11-16
DOMESTIC
Chi CT West
A. Il.H

CHI. & Erie
lst 5s 1882
7....... 95E
- n-Nr
The New York herald., 1922-11-16
Cuban Am SUI
lst cit hs &
-uba n n Co
ist IFS 1896


........f04
iJ.....i04
Cuba II II Co
1st IS 1852
i,...... S.
2....... Sbit
Del 4 Hudson
rs 1890
2.......110
Del a Hudson
III HaaII&
The New York herald., 1922-11-16
U. S. CERTIFICATES AND NOTES.

The TreaBury Dephrtntnt OfIeTs 20 reueuIH
United States Treasury ~ per cent. and ~
per cent. certificates, due December ~. 1922,
and Victory 4% per cent. notes, called for
payment December IS, 1922, at 100 and In
terest at any time before maturity.
acceptable In payment OF Federal taxes
on the dates of maturity.
The New York herald., 1922-11-16
pENNsyr.yANIA OIL.

OIL CITY, Pa. Nov i5.--Credit balances.
So. Runs fi .620 eversgs 55,662. Shipments
b7,2toj averages e1,ses.
The New York herald., 1922-11-16
FOREIGN INTERNAL BONDS.
ans not issued IN American dollar values.
FOREIGN MARKETS.

LONDON, Nov. i5.-Prices were firm on
the Stock Exchange to-day. Quotations were
as follows.
Bar silver, s2Md. per ounce.
Bar gold, a2s. I'd.
Money, per cent.
Discount ratcs-Short bills and three month
bills 2sta2 tt-t6 per cent.
Two and n half per cent. consols, BIS.
British 3 per cent. loan, peh.
British ~ per cent loan, Dos.
De Beers, ifM.
Rand Mines, "a.
The New York herald., 1922-11-16

PARIS, Nov. i5.-Prices were firm on the
Bourse to-day. Quotations were as follows:
Three per cent. rentes, b9f. 40c.
Exchange on London, SCI, Csc.
Five per cent. loan, T5f. 4Oc.
u. s. dollar, 14f 05c.
The New York herald., 1922-11-16
UNITED STATES rRE-wAR BONDS.

Bid Ask Bid. Ask.
g 30. .i02h 1894 p Is, "a. q2 % /
Be- c 40. o. " r 4s, '35. 90 rs
p 81 61. 81 s3hl'Hw 4s. 41.4.7b ..
2s 'ss. .102h 103bi'P r a.. 'Se.f75 ..
sYieid.
The New York herald., 1922-11-16
New York City yiAtlan q Chart
snA9

1O.......l05
New York City
AIS 1871
40.......100h
, 1922-10-09

terday a Net distance from Beikos
Be'kos Is a suburb OF Constantinople
eight n,iies above the American naval
anchorage. The British are e%ntrenen-
ing around Reikos.
Turkish irregulars and small bands
OF guerrillas and bandits which FIRE
qyently form the advance guard Of a
Turkish army have appeared in small
villages east OF Constantinpole. These
villages include Tashkeupsu, Tavshan
jlk, Omarii, Agfa. and Armudli, all
within the suburban limits OF Con-
stantinople on the As'atic side.
The British yesterday made finnl
preparations for defense. throwing up
bridges and building roads.
A British destroyer anchored Sun
day at Shileh in the Black sea coast
Tho commander wont ashore, met the
nationalist officer there and requested
him TO withdraw his forcesi The Turk
replied that he Ind orders TO remain,
~whereupon the British commander de-
clared he also would remain.
, 1922-10-09
BANKER PRAISES
PRESIDENT FOR
VETO OF BONUS
Measure Lacking in Vital
Point, Financier Says
in Address Today

DEL n Cal. Oct. 9.
- President Harding ode
served the nationwide COM
mendation he received for
the honesty of purpose ard
political courage he displayed
in vetoing the bonus bill" Howard +,
Beebe, New York, president of he In
Vestment Bankers association OF
America, told tho association ut the
opening here today of its eleventh an
nuai convention, Delegates represent
ing many millions OF dollars in mu'
nIcipsl and oeher Investments are
present from all parts OF the country.
The convention will end Thursday
with the election of officers and the
consideration OF invitations from cities
desiring the 1923 convention,
Mr.. Beebe charged that union labor
had refused to accept its share of the
readjustment burden" and that the
federal and state legislators rush for
ward with measures designed to CON
troll business, but seem to DO very re-
luctant to insist hat labor shall be
properly organized and held to account
for its actions
Discussing the bonus, Mr.. Beebe
aaid
without attempting to Express an
opinion as 10 whether a bonus should
be paid and II so, TO whom. 1t is
clear that the bill which was vetoed
failed specifically to provide means
of paying the obligations assumed.
The bill as PASSED would have burd-
ened the banks Of the country &C the
detriment of regular business and
would have made it well nigh impos-
sible for treasury department to ar
range a comprehensive budget"
"The efforts of congress ON the
tariff have apparently met with little
approval from men of sound business
iudment and unprecedented view" Mr..
Beebe said. Activities in this direc-
tion certainly point strongly tc the
ACCESSIBILITY of a permanent tariff com
mission despite the many valid OBJ
tections which may be raised against
that method of handling the situa-
tion."
Continuing his discussion on labor,
Mr.. Beebe sa.d that without in the
slightest trying TO disparage the BEN
Gifts and advantages of organized Ia
Dor properly regulated, it is certain
that such strife as we have seen
between our large and important
business interests and u~nionized labor
in recent months cannot be allowed
TO continue in the interests of people
as a whole and some means must be
found to properly protect h inter
- --AHLH. --HNT
also protect our general interests"
The fact that the financing of state
and municipal work has not a the
same difficult problems prested by
Continued on Page Two
, 1922-10-09
RALLY SERVICE
At NJ. {. CHURCH
GREAT SUCCESS
Plans for Junior Church
Modelled After Regular
Service Announced
Sunday.

A record congregation met ir trs
Methodist church yesterday at tis
rally day services OF the
church and Sunday school. Special
music was rendered by IN orchestra
and the choir. n by the junior de
rartment of the school. Mr.. C. w.
Earton, editor of the Tribune, gave a
short address on What Do I Expect
to Get Our of Life?" The pastor of
the church. Rev. L. f. Carter gave q
brief address on Making a Living or
Making a Life and appealed to the
building character in their childrer's
lives as IN providing for their mater
ial needs.
Rev. Carter announced a new dc.
parture in his church beginning next
Sunday. Mrs. Carter. the wife of the
pastor, IS TO organize a junior church
to meet at IL a. m. at the same hour
with the regular preaching service.
She will have charge Of the service
and will give a brief message each
week at this service. The service will
be conducted in the same orderly way
that the senior church services are
conducted and will have ushers. a
choir leader and officers.
Mrs. Carter will be assisteG by
three or four adults each week in this
service but the children will for the
most part have the service in charge
and will be trained in church worship
and church life .as the adults are
trained with methods suited 10 the
child life.
At the rally day SUNDAY the attend
ance broke all previous records with
574 present. The offering was over
sos and was to aid in paying for the
piano used in h Junior department
OF the school.
, 1922-10-09

WASHINGTON. Oct. "a case
brought by the Peoples Development
company to test title to five sections
of land in the Coalinga oil field in
Fresno county, California, was today
disposed of by the supreme court with
the announcement that IT confirmed
the decision of the lower court
awarding title TO the Southern Pacific
company, the Southern Pacific Rail
road company. the Central and Equit-
able Trust companies of New York.
Kern Trading and OH company, Con-
fidence Oil company, Aztec OIL COM
pany. Penn-C oalinga Petroleum com
pany, st. Paul Consolidated Oil com
pany n others.
The court stated the authority
upon which it based It's action.
The land was patented to the
Southern Pacific Railway company
under a grant by congress and was
claimed by the Peoples Development
company on the grounds of the dlscov-
cry of oil. it being asserted the paten.
, 1922-10-09
GREEK ARMY REFUS
TO 1--WE UP THRACE

LONDON. Oct. 9.-By The Associ-
ated Press.l-The Near East situation
continued 10 present disturbing poten-
talities today with the revolutionary
Greek army at Adrianople declaring it
would not retire and with the victor
'ous Turkish army concentrating at
Brusa and Ismid, anxious TO reach
Constantinople and protect the Turks
n Thrnce.
The uneasiness was increased by
the fact that the allies are not gem
orally considered to have sufficient
armed forces to control either tina
Turks or the Greeks.
While-t the British are using the ut
most patience to conclude peace IL is
believed the Greeks and French have
been warned that II a settlement is
not reached the British will abandon
the whole peace effor+ The belief is
that General Harrington has orders not
to risk any act Of war and it appears
from the tone Of the British press. tina.
no war with h Turks would receive
popular backing.
One Of the points OF insistence re-
gardng the present situation with re.
spect to the neutral zone, is that what
ever zone is agreed upon may become
permanently neutral. Lord Curzon is
believed to have. informed Premier
Po'ncare frankly that the British
were not working TO secure exclusive
control OF the straits. that they had
too many undertakings already and
would be satisfied with the lengue OF
nations. American or any participa.
ton which would make the straits
open to and Neutral in time
Of war.
1t is affirmed that Ismet Pasha is
showing as much reasouableness at
Mudania as is consistent with his in.
structions. and hat he has not de-
manded that Constantinople be evacu-
ated at once.
On general lines, the instructions
le,on which General Harrington Is act
, 1922-10-09

the bodies were found. was held rs n
material witness. Prosecutors Beck.
man and strickler % Middlesex and
Somerset counties say Schneider sign
cd a 3OO-word statement accusing
Hayes of the crime.
According TO Schneider's statement
the double Staying was the result of
mistaken Identify. He had gone out
with Hayes on the night OF the muir
ders. he said. trailing a man who ac-
companled the BANNER girl. Seeing
a couple beneath a crab apple tree.
he said. Hayes opened fire. Formal
Of the arrests was
made at l1:45 n. m. by Prosecutor
Strickler.
Hayes, when confronted with Sch
neider as the latter re-told his story.
exclaimed:
He is a liar
According to Schneider. who admits
he is in love with the BANNER girl.
said he was standing IN a street cor
ner with Hayes and Leo kaufman.
when they saw the girl pas with her
stepfather. Nicholas BANNER. He was
JEALOUS of the stepfather. he said. ana
when he tool the others OF his sus
picions. they agreed to follow the pair.
They searched first through Buc-
cisauch park, where Kaufman left
them. Schneider and Hayes then
proceeded to the nearby Phillips farm.
About Ii O'Clock Schneider satd they
approached the crab apple tree under
which the bodies of Mr.. Hall and Mrs.
Mills Inter were found. aa1 Hayes
pointed to the two figures beneath the
tree, exol/ning:
There they aie. Now wen fix
them
Hayes. Schneider declared. whipped
out a pistol and began to shoot.
When the pair collapsed. Schneider
said, he went forward. struck Il match
and the turned to Hayes excinim!ng:
Great God Man, you've made Il
mistake"
The two then fled, according 70 the
statement.
Schneider declared he did not kaow
how the throat of Mrs. Mills was cut
or who laid the bodies out under the
tree carefully adjusting their clothing
after they had been slain.
He declared that neither he nor his
companions had touched the bodies
and they saw nothing of the love let
ters written by Mrs. Mills which were
found scattered about the scene
Detectives continued vigorously to
work on the case. clearly indicating
that they did not believe the double
slRying had been wholly cleared up by
Schneider's statement.
When word of the arrest was taken
to the hon~s of Mrs. Frances Hall,
widow of the slain clergyman. who has
been repeatedly questioned about the
case. Miss Sally Peters, her most init
mate friend and adviser. said.
Isn't that fine! What has Mr..
Stricken got to say for himself now
for the way he has been treating
Frances and Willie? willie Stevens,
eccentric brother Of Mrs. Hall.)'
The announcement, issued Jointly by
Prosecutor Stricken of Middlesex