davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-07-16

Especial Gable 10 TIE NEW YORK HnnAIp.
Copyright, 1929, ov THE NEW YonK HERALD.
New York Herald Bareau.
London. July Is.
Trade returns for June OF this year
indicate a considerable Improvement
Compared with June OF last year there
is a decrease in imports Of nearly
f4.000,o00 but the exports have in
creased nearly f14.ooo.o0o. The showing
in May was still better, but owing to the
whltsuntide vacations June is a short
month.
Comparing June OF this year with the
corresponding month last year the i'm
ports OF food. drink and tobacco. which
total f40.0oo,00o. show a decrease Of
nearly f12,0oo.ooo. Grain and flour de-
creased nearly f6.5oo.ooo. meat f2.25o.-
900. and non-dutiable foods and drink
f3, 600, 900.
The importation OF raw material In
creased nearly f7,Ooo.000 in June. No
coal was imported. whereas in June of
last year over f5,ooo.ooo worth was inn
ported. Against this are to be set an
increase OF f3,50o.o0 In common cotton
waste. nearly 100000 increase in
woods and f2.000.o00 in wood and timber.
On the export side of the picture the
outstanding feature is the fact that out
of the total export of raw materials and
other articles, mainly manufactured
and valued at e. 10000. not less than
$500 900 worth of this represents an in
crease over June of last year. and OF
this increase coal is responsible for
f5.oO0. 900.
The total imports for 1922 amount TO
fS4. .29s.0 900. compared with fsS.171. 900 in
1921. Exports for 1922 have a total value
of f52,l4500o. while for 1921 they were
3S.152 900. Re-exports In 1922 have
amounted to fs.720.ooo. while in 1921 they
were f7.1S2,060.
Business men here generally are opti-
mistic. Charles K. Musgrave. secretary
of the London Chamber OF Commerce,
says that good deal depends on Ger
many. "If things so favorably there
it will be all to the good of the coun-
try he said. IF not. there may be a
set back This country has done pretty
well. All can be ready for trade pro-
gress The remainder rests with the
customers abroad
The New York herald., 1922-07-16
1000 LONDON ACTORS IDLE.
Crisis Grows More seri-
ous Every Day.

LONDON. July 10 (Associated Prcss)
-England's theatrical crisis is daily
growing more serious. More than 1000
actors and actresses. including numerous
Americans, are without employment, and
many are on the brink OF starvation
Playhouse officials say IL IL the worst
situation in the history OF the stage.
Men and women who one time were
billed as stars" and who have devoted
their lives and talents in giving pleasure
TO others are now existing In a wretched
state Of misery. Many OF thom have
sold their jewelry and most OF their
clothing. Artists who In tho past drew
$50 n night now get less than that In a
week. But most OF them are without
engagements OF any kind and are seek
ing help from benevolent institutions.
The causes are the wholesale closing
Of theaters due to lack OF public support,
the increasing tendency OF people to
patronizc the cinema In the interest Of
economy. and the general exodus OF the
population 10 seashore and country.
The New York herald., 1922-07-16
GIVE UP INVENTIONS,
IS ENGINEERS PLEA
Calvin w. Rice Makes Appeal
to $4,000 in the Amer
lean Society.

A counterpart In engineering OF the
Rockefeller Foundation is predicted by
Calvin w. Rice. secretary of the Ameri-
can Society Of Mechanical Engineers.
who in an appeal to the 1900 members
of the society to foster research. says
that new concept OF engineering has
arisen that may profoundly influence the
destinles OF mankind. Mr.. Rice advances
the suggestion that inventions be given
away, saying:
prevails that every invention must be
commercialized. The idea of giving
away an invention for the advancement
Of civilization has not yet been de-
veloped. We may properly begin TO
think OF the engineer working along the
principle initiated at the opening OF the
Coils r. Huntington Memorial Hospital
at Harvard University and. under the
Engineering Foundation. lifting the
whole concept of engineering to higher
plane"
Mr.. Rice quotes authorities Of Column
hia University as an inspiration to
American engineers to aid In realizing
tho dream OF Ambrose Swasey. now 76
years old, who. through gift OF $780,
900. has established the Engineering
Foundation In the hope that as a re-
search institution IL would in years 10
come rank with the colossal foundations
devoted to tho progress OF civilization.
The aim of Mr.. Swasey. a native OF
New Hampshire, who in early manhood,
after making a start in life in Hartford.
Conn. . became n famous maker of tele-
scopes In Cleveland, can be attained,
Mr.. Rice asserts, IL engineers properly
appreciate the trust imposed upon the
whole engineering profession by the
benefaction of Mr.. Swasey.
Mr.. Rice quotes DR.. Francis Carter
Wood. director OF the Institute OF Can
Ger Research at Columbia University.
as picturing the modern viewpoint OF the
scientist:
THE true investigators chief stimulus
is the love for his science and ambition
for his institute. and the responsibility
imposed by the great opportunities at
his disposal will be. IL he Is the right
sort. one of the stsongest forces In aus
tanning the arduous labor OF research.
'1n contrast to the worker OF older
days. who so often concealed the re-
suits OF his studies in order that he
might reap some benefit from them. the
modern scientist gives freely and at
The New York herald., 1922-07-16

SptcfcI Cable 10 THE NEW YORK HERALD.
Copyright, 1929. by THE NEW YORK HHRALD.
New York Herald Bureau.
London. July Is.
England has about made up her mind
TO start negotiations to fund her debt
to America. and I'm thus making up her
mind she signifies the passing OF the
hope that America will agree to any
cancellation II is regarded as unlikely
that any cancellation is possible once
the war loans are put on a bonded
basis.
The Government organs tonight sug-
gestively publish report cabled to THE
New HoRK HERALD last Monday tina.
Sir Robert Horne will head a commits
sion OF experts to negotiate the funding
of the debt when Sir Auckland Geddes.
British Ambassador TO theUnitedsStates.
returns from his vacation.
Many readers OF the epeeches OF
Ambassador Harvey and Sir Auckland
made Wednesday night at the Pilgrims
dinner are also taking them as designed
TO prepare the British mind for a per-
manent assumption of the burden OK
payment. Sir Auckland explained now
both the mind and money of America
was absorbed in the development of the
new country and Ambassador Harvey
gave a significant sketch of England's
returning prosperity.
The Governments excuse for sending
funds to meet American payments is
that each payment strengthens the
value Of the pound sterling. and Mr..
Harvey in emphasizing the improve
ment In sterling exchange declared that
'"it is almost impossible to estimate what
the Improvement has meant in net gain
to Great Britain's. national wealth"
The apparent tendency of the Govern
ment toward preparation for funding
the debt Is particularly significant just
at the moment when the collapse of the
mark seems to make imminent the open
writing off of some of the debt which
the Continent owes TO England and
makes possible the rewriting OF the en-
tire reparations schedule.
Premier Lloyd George in the House
of Commons last night refused 10 re-
veal the Governments attitude regard
ing the German crisis. insisting that this
rests In the hands of the Reparations
Commission. At the same time he re-
pulsed Col. Wedgewood's suggestion that
he refuse to see Premier Poincare until
France had agreed to reduce her repara-
tions claims. II do not think II possible
lay these meetings. ."Mr. Lloyd George
said.
THE NEW YORK HERALD correspondent
is informed that the Treasury has no
intention of funding any American debt
on the nome market Floating the debt
here would be an operation large enough
to take the full capacity OF the domestic
investing market for long term securities.
II is suggested that some part OF the
American debt might be funded by
public loan issued both here and in New
York. But the Treasury's present plan
is merely to substitute bonds with defi-
mite interest and sinking fund provisions
for the l. o. US now held in Washing
ton.
II Il becomes necessary to provide
some accommodation for the French and
other Continental debts-there Is still
talk Of the possibility OF loan to Ger
many, though the talk OF loans TO Rus
sia is dying out as the Hague confer
ence flickers--a lower bank rate has
given the Government greater freedom
OF action in arranging such demands IN
conformity with domestic funding needs.
The New York herald., 1922-07-16
SPEED SILVER COINAGE,
IS ORDER TO MINT
Daily Output of so, 900 Dollar
Pieces Required.

PHILADELPHIA, July 15.--Orders to
speed up the coinage OF silver dollars
to replace part OF the $500. 10000 sold
during tife world war as bullion to Eng
land have been received at the Philadel-
phia Mint. Fifty thousand are to be
coined daily and shipped to Washington
for deposit in the Treasury vaults. Sill
yer certificates will be issued against
them. The Mint has approximately 49,
900. 900 ounces of silver bullion on hand.
Out of a total coinage OF S1,093,075
ounces OF silver In the fiscal year closed
Juno 80. there was q wastage OF only
1000 ounces. officials announced to-day.
This was but per cent. OF the wastage
permissible under the law.
The New York herald., 1922-07-16
AUTHORIZES CAPITAL
INCREASE OF $23, ,476, 900
I. C.. C.. Aids N. Y. Central in
Big Four Plan.

WASHINGTON, July 15.-The New
York Central plan to complete it's con-
troll OF the Cleveland. Cincinnati. Chi
cago and ST. Louis Railroad was carried
further forward to-day by an Interstate
Commerce Commission order allowing
the former company TO increase Its cap
itaI stock by 234,7s0 shares OF par
value of 500 each.
There is outstanding S16.s21.Q0O ~
Big Four common stock which the New
York Central does not own, but which II
purposes to acquire by giving eighty
shares OF it's own new stock TO each
holder Of 100 shares OF the Big -Four
common. In addition It purposes 10 ac-
ouire the outstanding preferred stock OF
the Big Four. which amounts at par ~
$685. 500 by exchanging the new stock
OF it's own company, share FOR snare.
The New York Central now owns %
Nor cent of the stock issues OF the Big
Four and has been authorized TO acquire
all of its capitalization.
The New York herald., 1922-07-16
DIVERSE TRENDS IN
THE COTTON MARKET
Prices Of Futures Unchanged
to 6 Points Lower al Close
of Short Session.

The cotton market was a nervous and
narrow affair throughout yesterdays
session. showing little disposition 10
move much in any direction under the
rather small volume of business that ap-
peared. Bulges about equalled dips. the
close being net unchanged to s points
lower. At one time In the first hour
pressure from Southern wire houses and
selling by longs FOR over the week end
carried the list down about 2 10 Is
points from It's previous finals. This
was due largely to the rather favorable
weather map and the fear of change
for the worse In the railroad strike situ-
alton over the weekend.
Weekly statistics. which seemed
slightly bullish. were disregarded. as
were commercial trade reviews. which
told OF quieter business conditions last
week. Sentiment was badly mixed. the
bigger operators feeling little disposed to
make extensive commitments over Sun
day There was some support at times.
on the theory that the showers east or
the Mississippi were causing further boil
weevil damage. The weather situation
Is confused at the moment.
The official map showed precipitation
of 10 at Charleston. .01 at Taylor. IA
al Dallas, .02 at Little Rock. .16 at
vicksburg and .02 at Atlanta II was
partly cloudy over large portions OF the
belt.
Reports of further textile wage cut
in New England were regarded as bear
ish. although their immediate influence
was nil. Outside developments had little
effect.
The local spot market was steady. net
unchanged at 22.65 cents for middling.
The New Orleans market was UNI
changed at 22.50 cents. Its sales were
529 bales.
The New York herald., 1922-07-16
PRODUCE.

prA~s-Marrow. choice domestic. 100 lbs.
$3.50: pea. 5000: medium. sa.lo. ho'enasni, er
Jsgansss; se'Isg, lr,s r,e pes q smai whi,s csi
ifornia 50: Lady Washington. Callfornis.
SO red kidney 50 o2'ao.o5 imperial. $3.50
white kidney, $40
nurTER-crsamery higher than extras.
flrets. 33ihd 36hc seconds. 3ed33c. lower
firsts' 33isisd36isc; seconds. 32n33c: lower
grades. 3oisa3ih hc centralized cars; 20 score,
81 score. 32n33c. unsalted, higher than ex-
iras. 3eIsa4oc.: extras. e2 score. sslsgS Sec.:
trss 5sS s,sae sfss ssSenas dairy tubs finest,
sg4s7c; good 10 prime, 34iid3jisc; common
20 fair. 36asic. ladies. current make: extras
lower grades. 2sa2ec. packing stock. current
grades grades. s2a25c
CBFEsF-New YORK State flats. fresh
fresh specials. 2ia2ihc,. average run. goa
2OiSc Wisconsin fresh double daisies. 2ois1
ale: single daisies. 2oi5q2ic.; youns Amer
icas. 2t62ihc.
FGGs-Fresh gathered extras doz.. $40
3oc: regular packed. extra firsts. 2Tst1Soc.
regular packed, firs,s. 24a2Glsc. seconds
Sirt,es. regular packed. 80. I. isild2oisc
40. . and poorer. iIaiec.; checks. poor 70
choice dry 1920. Nsw 1srssy snssrasd hs1rs,y sy
tras. 4iassc nearby hennery whites. extras
local candied. 4fc. nearby and nearby West
estra firsis. ssSsac. : firs,s. soq45c nearby
gathered whites, firsts 20 extra firsts. 300
Soc under grades. 2sa2ac. pullets' eggs,
s0635c; Pacific coast whites. extras. 500
4ic.; extra firs,r. 3Sd3sc. firsts. 90d34c.
under grades. cs3oec other Western and
Southern gathered whites. 25d32c.. nearby
and nearby Western hennery browns. extra,
a3nasc nearby brown and mixed colors.
gathered extras. 3ia32c.; firsts to extra
flrsts, oSd50c
PoTAToEs-Ma ryiand hhl., si.25d2: No.
.. bbl T5c G<fj0 Virginia. Si.iodo7s:
under grades. sini.5o: Jersey. sack. 81 Long
Island, bbl.. s2.T5: ssck. sin250. sweets
Jersey. basket, 81 50d2 49, yams, North Caro-
lima. bbl.. s4Q4.50.
POULTRY, DREssFD-Chickens. fresh
broiierp, nearby. 35Q4ac Western. 34d43c
fresh fryerr, 34qioc.. frozen. 2sd54c. frozen
roasters. 3oq3sc fowls fresh Western,
boxes, isa2ac bbis and kegs. dry. is92se
iced. iTd2Tc. old cocks. freeh. 1920.
turkeys. freeh. 25d32c frozen, young, 471
Ese old. 40d45c ducks. Long Island.
sprIng. 25c Western, frozen. 20122o.: geese
Western. frozen. i5disc.. squads. fresh
white doz., s3.5ods
The New York herald., 1922-07-16

w NHTyINnu
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veeth " n NJ
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William A Co
The New York herald., 1922-07-16
once to the public everything he
achieves"

achieves"
Mr.. Rice sees in the view OF DR.. Wood
a call to engineers to enlist in the SER
vice OF posterity. Similarly he cites
Cassius J. keyser. Adrain professor Of
mathematics at Columbia.
The Engineering Foundation. now
headed by Charles r. Rand of New
York. offers the opportunity to provide
for the development OF the engineer Of
the future, according to Mr.. Rice. who
adds
Men OF vision and OF means should
be told Of the opportunity to augment
the foundation. the income of which Is
devoted to that type OF research which
will definitely benefit the whole OF civil.
cation"
The New York herald., 1922-07-16
TRADE REVIEW AND
u BUSINESS OUTLOOK
Good Distribution at Retail
Likely to Be Reflected in
Wholesale Channels.
TEXTILE PRICES FIRM
Manufacturers Fear Advanc-
ing Quotations Will Force
Another Buyers Strike.

Despite the usual seasonal lull in busi-
ness and the railroad shopmen's strike,
which has tended 10 create uneasiness
among merchants. the primary textile
markets last week continued forward
movement. Except for decline In raw
SILK quotations prices remained fairly
firm.
Attractive prices and the usual clear
snce sales kept up retail distribution at
q fair pace. Full reflection of the
steady sales at retail IS bound to be
seen in wholesale business before long,
according to big traders. Consumers
are still offering stubborn resistance to
price advances and retail merchants, In
turn, are reluctant to pay higher prices
Tor their merchandise, fearing that buy
Ing will be restricted. Present prices
for raw material warrant advances in
prices of the finished article, trade
leaders declare.
Prices in the gray goods market con-
tinued firm last week. although trading
again was light In volume. In view of
the irregularity of the raw cotton mar
ket, mills continue to refuse to sell far
ahead. However, on some descriptions
from which satisfactory profits can be
obtained mills are willing to sell ahead
more freely. Several factors attributed
the momentary lull in gray cloths to the
situation In Germany. In finished goods
buyers are operating cautiously and are
covering their future requirements in a
limited way. A keen interest Is being
manifested In the gingham lines for next
spring, while percale business continues
to improve slowly.
The Yokohama raw silk market suf-
fered a severe setback and prices lost
much of the ground gained In the pre-
ceding week. The declines for the week
amounted to about 80 cents a pound.
The slump in the foreign market caused
some slight recessions in the local
market. Buyers are cautious and
transactions are largely confined to
current needs. Coarse sizes continue in
{ good demand and the supply is small
Holders are firm in their demands and
believe that the present setback Is only
temporary With supplies on all the
primary markets low and a. large pro-
portion OF the production OF the fila
lures booked for several months ahead
the outlook for a firmer market is de-
cidedly bright, the trade believes. The
broad silk business continues to show
appreciable expansion, but purchases by
manufacturers remain small. Manu-
facturers assert that prices obtaining
in the primary market are still too
high and that full reflection OF these
prices in the finished product would
frighten off buyers.
The New York herald., 1922-07-16
BID AND ASKED QUOTATIONS
e QUOTATIONS..

n. Y. STOCK EXCHANGE QUOTATIONS.
To the following prices accrued interest
is TO be added:
FOREIGN GOVERNMENT AND MUNICH
PAL BONDS.
The New York herald., 1922-07-16

An advertisement IN tns Lost and
Found columns Of TIE NEW YoRR
herald offers real possibility oj
recovering your Iost property.
The New York herald., 1922-07-16
UNITED STATES TREASURY STATEMENT

Special to nm NEW YosxH
w.:si..;ss .:s asss Ts'sls S "a ss5s;s. sss Is
The New York herald., 1922-07-16
strike Clouds Increasing.

The United Cloth Hat and Cap Makers
of North America last week called a
strike in order to eliminate the so-called
social shops
In the New England district the
Lowell Textile Council of tho United
Textile Workers OF America carried out
its threat to call strike in each mill
that attempts to reduce wages, when the
aferrimack Manufacturing Company
lowered the wages of its workers.
Similar action will be taken at the
plants OF the Massachusetts, Mills to-
morrow. when a wage reduction be-
comes effective.
At other points in the textile strike
area, the, situation was without material
change, although the prospects of set
tlement Of the strike are said to be
brighter.
The New York herald., 1922-07-16
spring Wool Opening Tomorrow.


The most significant development Of
the week in the wool trade was the
announcement that the American Wool
en- Company will open some of its
spring, 1923. lines tomorrow 1t Is
considered likely that all of the COM
pany's lines will be shown by the end
of the month. The entire trade is
eagerly waiting for the openings and
is especially interested in the prices to
be named.
The raw fur and skin market re-
mained quiet but prices were firm and
in certain instances slightly stiffer.
Real activity is not expected to be- wit
messed until next month. when orders
from retailers In preparation for their
fall season will force manufacturers
to enter the market for furs and skins
to fill the orders Cloak and suit manu-
facturers are out Of the market, having
covered their fur requirements for a
short time ahead. Buying from this
source is expected as soon as their
statesmen send in orders for fur trimmed
garments. Retail furriers anticipate q
brisk August sales period this year.
Several descriptions of furs which are
moving in small but steady fashion are
Hudson seals. skunk, raccoon and musk
rat. A number of fur workers went out
on strike. following the refusal of manu-
ldCtureTS 10 grant lHcll iHCTedSeS III
wages.
In the apparel trade increasing activi-
ties were noted. Mems clothing manu-
facturers are busy filling orders. The
fall openings in the garment field have
met with favorable response from
buyers. Manufacturers representatives
are on the road and their initial efforts
have been rewarded by the receipt of a
satisfactory volume of business. Gar
ment makers view the future with in
creased optimism. believing that re-
failers have reached the stage where
they must replenish their stocks.
The knitted bathing suit and balbrig-
gan. underwear lines for next spring
were fornsllv opened in the local mar
Jet. Prices on bathing suits were gen.
orally 10 to Is per cent. higher than
the opening prices Of a year ago, but
the selling agents declared that the ad-
yances did not cover the increased cost
of yarns. Prices on balbriggan under
wear were advanced from 25 to so cents.
Active buying of these goods is expected
10 develop in the nett few weeks.
The New York herald., 1922-07-16
Beth Steel
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The New York herald., 1922-07-16
Loans. Disc 'nts
Investments.

@
In enemb
n trustee
required
os s qYss SS foreign branches sss
0Oos
itionalB Bank and Trustee Reports.
Average
The New York herald., 1922-07-16
BRITAIN LOSES HOPE
OF CANCELLING DEBT
Refunding Preparations Re-
garded as Making L. s.
Action Unlikely.

Special Gable 10 THE NEW YORK HERALp
opDrioht, 1929. by THE NEW YORK H1RALD.
The New York herald., 1922-07-16
ENGLAND'S FOREIGN
TRADE MUCH BETTER
June's Returns Show Big I'm.
provement Over Those in
Same Month in 1921.

Especial Gable 10 TIE New YORK HnALp.
Copyright, 1929, by THE NEW YonK HERALD.
Neu YorL HsraIh n,resu
The New York herald., 1922-07-16

Institutions Clearing Through
For Week Ended July Is.
The New York herald., 1922-07-16
Seaboard A ]
n InAI

Eeaboard A L
adj IS 1e49
1....... 26n
eeaboard A l.
raf xs 1889
The New York herald., 1922-07-16

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The Lamar register., 1922-12-20
sHERIFF's SALE.

BY virtue of a decree entered in the
District Court in and for the County
OF Prowers and State OF Colorado. on
the 24th day OF November. A. d. 1922.
In an action therein pending wherein
Il. A. Purdy Il plaintiff. and George S.
Miller and Mrs. Geo. s. Miller, are de-
fendsnts. and to me directed. whereby
| am commanded to make the sum OF
Five Hundred Seventy six Pnl s0-in0
DollarS (t676.S1 and costa oT 2Hit. the
amount OF a SertaIn judgment recently
obtained against said defendant George
the following described real estate. to-
wit:
Lot Four 90. Block Eleven uD.
In AcKeever's Addition to City OF
Lamar. Colorado. together with all
and singular the sppurtenanceB and
privileges thereunto belonging
In anywise thereunto appertaining.
THEREFORE,. According to said COM
mand. l shall expose for sale. at Pub
lie Auction. all the right, title and in
terest of the above named defendants,
George 8. Miller and Mrs. Geo. s. Mil
Ter. In and TO the above described prop
erty. on Thursday. the 2sth day OF De-
cember. A. d. 1922. at ten O'Clock n
N. at the West Front Door OF the Court
House at Lamar. In Prowers County.
Colorado.
Dated at Lamar Colorado. this 27th
day of November. \. y. 1929.
JOHN a. SIMPSON.
Sheriff OF Prowers County.
First Pub. Nov 30. 1929.
Last Pub, Dec. az. 1872.