davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-08-11
OFFER 100000 STOCK.
Bankers Put ON sale Issue Of Ten
nessee Power Company.

A block OF $3,ooo,ooo Of TENNESSEE
Electric Power Company per cent.
cumulative nrst preferred stock Is being
offered for sale by Bonbright g. Co. at
500 a share, to yield more than 7.75 per
cent. The sale OF this stock and the
recent issue OF first and refunding mort
gage bonds have provided for certain ma
turing obligations and all hoating IN
debtedness Of the properties, ana have
made possible the acquisition or tne
Hales Bar Station.
For the year ended June 80 the COM
M M shows a balance Of earnings avail
able for dividends, depreciation. SC.
OF s1.sss.155. compared with dividend
reoulremonts Of sei7.02s on both the
Hlst and second preferred stocks.
The New York herald., 1922-08-11
JOINS ALBERT rRANK a co.

William w. Craig has resigned as
financial editor OF THE NEW York
HERALD to join the staff of the Albcrt
Frank & Co. Advertising Agency. str,
The New York herald., 1922-08-11
Money Market Rate. Mixed.

The flrmness displayed in the call
money rate yesterday was believed to
be the result OF interior banks calling
loans here. At this season of the year
money usually flows out of New York to
the agricultural districts to take care OF
tho crops. Call money in the New York
Stock Exchange opened and renewed at
per cent. and then advanced to per
cent. which was the final rate. On the
other hand. the time money market
was easier. with the demand for ex-
tonded accommodations very light Loans
for thirty days were quoted at 8K per
cent, ana per cont WAS asked for
sixty and ninety day loans.
The New York herald., 1922-08-11

'Fx
made at price outside
The New York herald., 1922-08-11
Exchange Market Hampered.

Tho foreign exchange market was al
most at q standstill yesterday as re-
suit Of the confusion caused by the
Irish rebels interference with transat-
lantic cables. Those dealers who depend
on London wires as guide to quota
tions ceased business entirely, SO that
rates quoted around the Street were
nominal The wires that are still open
wore SO overcrowded that bankers
cables were delayed for hours. Quite a
large portion of Wall Streets business
was done by wireless. but that eystem
also was clogged with messages.
The New York herald., 1922-08-11
MrsABr IRON BALANCE SHEET.

The balance sheet OF tho Mesabi Iron
Company as of Juno 30 shows net work
Ing capital OF about 100000. Cash on
hand aggregated s250,0oo. Total assets
amount TO about s4,00o,00o. The cost
OF development prior to the organization
OF the present company Is set down at
about $4,000. Tho stock Of this com
pany, which recently was offered by
banking syndicate headed by Shonnard
& Co, was purchased largely from the
estates OF four men prominent In finance
and In mining enterprises.
The New York herald., 1922-08-11
General American Tank Car.

The orders received by the General
American Tank Car Corporation dur
ing the first half of this year aggre-
gated approximately $2l. 100000 accord
This compares with $14.900,O0y for the
entire year 1921 The company has re-
ceived substantial orders from many
of the largest railroad systems in the
country, the total of car orders during
the six months reaching 1850.
The New York herald., 1922-08-11
Pacific Ga. ana Electric Company

The Pacific Gas and Electric Com
pany at present is doing a gross busi-
ness exceeding $37 100000. and is earn
ing. after all deductions for charges,
preferred dividends, &C.. about 1884 a
share on the common stock. A finan-
cial analysis OF the corporation shows
that during the last year more than
$4,000 900 was spent for additions, bet
terments and improvements. and that
the number Of holders of securities has
increased to more than $4,000. of which
1924 are stockholders. The comnany's S
gross income has progressively in
creased from 1906 to 1921. aggregating
for the entire period $302 44S.1 .16O, while
net income during the same time totaled
Sl27, ,o77. .O66.
The New York herald., 1922-08-11

Craig has been an active Wall Street
newspaper man for many years, serving
on the financial staffs Of the old
Evcntmo sun and the New York Ttmcn
prior to becoming financial editor Of
THE NEW YORK HERALD.
Evening star., 1922-12-22
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

AKRON, Ohio. December 22-Ths
Miller Rubber Company has resumed
the manufacture Of rubber gloves in
a new plant just completed. This COM
pany was the first to manufacture
these products thirty years ago. but
discontinued making them In 1920.
KANSAS CITY, Mo-, December e.
The ]. W. Jenkins Sons Music Com
pany. largest distributors Of musical
instruments in the southwest, report
ed today that holiday sales had brok-
en- all records. Many Of the companys
orders came by mail. Saxophones
cornets. violins and talking machines
were the most popular purchases.
CHICAGO. ILL.,, December 22.-Silk
dealers are making extensive prep
arations at present for the sprins
trade, which promises to be heavy
with a strong demand for chiffon vel
vets and taffetas.
HOUSTON, Tex. December 22.-The
Texas pecan crop this year was only
per cent of the normal, but the
quality has been improved. Prices to,
day range from II cents a pound for
improved varieties to 20 cents fol
wild nuts.
Evening star., 1922-12-22
EXPORTS
SHOW MARKED GAINS
Double Those Of Year Ago to
United Kingdom-Small In
crease to United States.
BY the Associated PresS.

By the Associated Press.
OTTAWA. Ontario, December 2S.-
Canada exported almost twice as
much produce to the United Kingdom
last month as It did in November.
1921; while the increase in Canada's
exports of produce to the United
States has shown only approximately
a 20 per cent rise for the same
two months. Figures issued today
by the external trade branch OF the
Dominion bureau of statistics were:
Exports to the United Kingdom. s12.-
e7s.646 in November. 1922. and $3:.-
640,l48 in November. 1891; exports to
the United States, S36.142.s53 in No
vember. 1922. and $so.sS4,93s In No
In November, 1890. Canada exported
produce valued at 329.100.524 to the
United Kingdom and $63.Ss4.7so to
The total value of Canadian exports
last month WAS $130.7se, ,673, as COM
pared with $S6.5S3,B62 In November.
1921. and $l47,5os,0o2 in November.
imports for consumption last month
totaied 376,1s4,250, of which $13,S3e.-
S7O was from the United Kingdom.
49,. .l28,I44 from the United States
and the balance from other countries
Evening star., 1922-12-22
TREASURY CERTIFICATES.
Quotations furnished BY Redmond 4 Co..
HONOR GUEST SUICIDE.

PITTSBURGH. December ga
dinner party at the home Of C. K.
Kehn In honor of Edward Peterson
had a tragic finale last night. While
the last course was being served
Peterson excused himself.
Il want to put a piece on the
player-piano," he explained.
A moment later came the notes OF
Let the Rest of the World Go By"
Then the report of revolver. Peter
son. with bullet through his brain,
was leaning against the piano-dead
I'VE have not learned the cause"
said the coroner.
Evening star., 1922-12-22
STOCK DIVIDEND
Of 9)OPER CENT
Detroit Firm Spreads Glad
Christmas Tidings-Other
MeIonS.''
Ry the Associated Press.

Ry the Associated Press.
DETROIT. Mich. December &c
Stock dividends. ranging from 40 to
900 per cent. await investors in five
local concerns. it was announced to-
day.
The American Electrical Heater
Company plans the 900 per cent divi-
dend. with an increase in capitalize
tion from 100000 to $I.o00.0O0. Divi-
dends Of 100 per cent are announced
by the Buhl Land Company and the
Buhl Stamping Company. while stock
dividends Of SO and 40 per cent were
announced. respectively, by the Bull
Malleable Company and the Buhl Sons
Company.
STANDARD Oil Dividend.
LOUISVILLE, KY. December 22-
Declaration of stock dividend Of
66 6-2-3 per cent by the board of di-
rectors of the Standard Oil Company
Of kentucky. is announced here by j.
c. Stiedle. secretary. Declaration or
the dividend. payable December 30 to
stockholders Of record December Is.
the capitalization of the company
from si2.ooo.ooo to sl7.5oo,ooo by the
stockholders at a meeting today.
A 66 2-3 per cent stock dividend on
S50o.O00 of capital stock held in the
treasury for sale to company em-
ployes also was declared. The increase
in capitalization raised the number OF
shares Of the company from 100000 to
TOO, geo. Par value Is $zS.
Vote 200 Per Cent Disbursement.
SAN FRANCISCO, December 22-
The board Of directors OF the Homo
lulu Consolidated Oil Company at a
meetinr Yesterday voted q stock divf-
dend Of 200 per cent. subject to the
approval Of the state CORPORATION de-
partment. The action came after a
meeting of the stockholders OF the
company here today. at which the oi-
ina capital stock Of the concern from
S6,oUo.0oo te $ib,00o.ooo.
Evening star., 1922-12-22
TRADING IN BONDS
IS VERY LIGHT
Today's Operations Lacks
Snap Displayed in Stock
Market.
BY GEORGE r. HUGHES

Special Dispatch to The Star.
NEW YORK, December 22.-As far
as trading on the exchange was con-
cerned, 1t was very dull day In the
bond market. The Christmas spirit
which prevailed in stocks was lacking
in bonds.
There were some very heavy deal
ings in railroad bonds over the coun-
ter. a large block being offered for
the account OF financial institutions.
The bonds offered were all high
grade underlying securities. sale Of
which. in any large quantities. is not
usual at this time Of year. Traders
were confident Of a better market
after the first of the year:
Among the features in the general
list were Mexican Petroleum IS. which
made new high. The influence here.
doubtless. WAS the conversion privi-
bonds are convertible into Pan-Ameri-
can Petroleum ''B" stock at 500 per
share. The stock sold around 81 to-
day. There was renewed activity in
Brierhill Steel 5hs. with further ad-
vance in price The st. Paul bonds
uio UStlST 1Of Tie HIoSl part. 4u0
weakest was the Is Of 1925. which will
be the st. Pauls first large maturity
The convertible ANS sold higher. The
New Haven 6s continued their decline,
today's price being the lowest for some
time. The loss was largely made up
by a rally later. Erie convertible Is.
series D. and Erie prior lien As both
gained ground. Baltimore and Ohio SIS
sold slightly higher. In general. there
was an inclination to favor securities
of roads which have settled with the
shop strikers.
Other Issues Irregular.
The high grade issues moved irreg-
ularls. AtchisOn General Is we're low
er. Atlantic Coast Line IS and Great
Northern IAs gained. Lake Shore
issues. both the Is of 1928 and the
IS of 1881, moved up. The only fea-
ture among foreign bonds was the
strength in Netherlands 6s, and the
rise in Mexican SIS.
Price changes in government issues
were very small, but the tendency
was upward.
a good deal of interest was shown
In reports of new financing by Armour
& Company. The amount involved was
stated at 3l00.Oe0.upU. partly for pur-
chase of Morris G Company and part
ly for refunding. 1t is expected that
the tcn-year per cent notes and the
6 per cent debentures will be retired
and new securities issued at lower
rate.
Evening star., 1922-12-22
by the Associated Press.

:, NEW YORK, December 22.-For-
eign exchanges irregular. Great Brit
ain-Demand, 4.64h: cables. 4.s4S:
sxty-day bills on banks. 1852. France
Demand, .0743: cables, .o744. Italy
Demand. .o5llh; cables. .0512. Bel
eium-Demand. .o6S2; cables. .o6s3.
Germany-Demand. .ooo14s; cables.
.o150. Holland-Demand. 1914; ca
bles. 1878. Norway-Demand, 1905.
Sweden-Demand, .2690. Denmark
Demand, .206s. Switzerland-Deman
1893. Spain-Demand. 1873. Greece
Demand, .0124. Poland-DeSland.
.00O056. Czechoslovakia - Demand.
.o306h. Argentine-Demand 1910.
Brazil-Demand, 80. Montreal, 90 3-16.
Evening star., 1922-12-22
MERGER REPORTS DENIED.

YOUNGSTOWN, Ohio. December %.
Reports that the Youngstown Sheet
and Tube Company. had bought the
Steel and Tube Company Of America.
a Chicago firm. were denied today by
James A.. Campbell. president Of the
former company.
I'VE have not bought Steel and
Tube, or any part of it. and We do
not intend to-" Mr.. Campbell declared.
He admitted that he had been in con-
ference with Steel and Tube off1cials
in New York yesterday
Evening star., 1922-12-22
CLOTH PRICES FIRM.

NEW YORK, December 22- -(SpeciaD.
Trading in cotton cloths today was
somewhat limited by the approach of
the holiday. but a considerable vol
ume of standard print cloths changed
hands nevertheless at arm and
stronger prices. The raw silk market
was extremely quiet here today and
cables reported a similar condition In
Yokohama
Evening star., 1922-12-22
BIG TOURIST YEAR SEEN.

SEATTLE, December 90 tSpeciaD.-
The Pacific northwest is preparing for
tremendous influx of tourists in
1923. Answers to questionnaires sent
out by commercial and business or
ganizations indicate that travel both
by rail and steamship and by motor
will be extremely heavy to Washing
ton and Oregon, and that Alaska will
be visited by more sishtseers than ever
before
Evening star., 1922-12-22
WOOL TRADING LIGHT.

BOSTON. December 20 (Special).-
Dealings on the Summer street wool
patton Of the. holiday period, but
prices, II anything. exhibited a firmer
tone, with tendency toward higher
levels. Mills are gradually becoming
more active buyers. with the demand
largely for half bloods and the lower
grades.
Evening star., 1922-12-22
TODAY'S COTTON PRICES.

NEW YORK. December 22.-Cotton
futures opened firm: January. 25s2:
March, 26.15; May, 26.2s: July. $500;
October. 24.26. 1l:45 AIN. bids: Jan
uary, 25.sS: March. 2s.19; May. 26.2S:
July, 26.04: October, 24.32. Steady.
NEW ORLEANS. December 22.-Cot
ton futures opened steady. January.
25.6S: March. 25.S2; May. e5.s4: July.
1859; October. 1897. Noon bids: jan
uary. 25.7e: March. 1855: May, $3.50
asked; July, 1855; October. 1896.
Quiet.
Evening star., 1922-12-22

HOURLY SALES OF STOCKS.
Ham,. 26l 600 II 3m....... 81 eeo'
Evening star., 1922-12-22
BAR SILVER PRICES.

LONDON, December 22.-Bar silver,
30ss pence per ounce. Money, 1la per
cent Discount rates, short and three
months bills. 2ssa2 11-16 per cent.
NEW YORK, December. 22-Foreign
bar silver, 62H Mexican dollars, AIN.
Evening star., 1922-12-22

TOTAL SALES (Par Vaiue):
II a.m.... 27Sl 600 II noon.. $50 900
lp.m.... 703l 900 2p.m.... 9 546 030
Evening star., 1922-12-22
NEW BUILDING DELAYED.

CLEVELAND, Ohio. December %
Especially. - Labor trouble in the
building trades threatens to delay
completion of the new Union Trust
-Companys building. 4 jurisdictional
dispute between structural and iron
workers has caused Q. walkout OF
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-01-31
THE WOMEN VOTERS

Because certain white know they deliver votes
Aerman government they t. think they also bundle
white bell
the white independent egent and patriotic white
and win their for tn of the for white
two forms of city and not choice individuals for
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-01-31
HOW FLOATING D EBT CAME ABOUT

ent At demanc government
into the succeeding fiscal year.
expenses
following ar items that made up the doains debt:
d o fs st Fb h P ofa " from "'" Ds" and in
s25,OOo los Pensacola Bank its
This opened Aldermanic government)
a S @ an d aR % @ 0 Rsfs% Sf
but poorly DONE under Aldermanic gOvernmen)
boring additional wells waterwork, extending
ing M 6s a pan u have under
s1s,73735 for motor fire trucks.
$4,000 Admiral Punkf foa
s11ssO paving city police station house.
Ademan paid for Commission
ss s% p1sf s here 1Ds bS
item legitimate, unavoidable, the cty's welfare
CRITICISM has been made because citizens petfoned the governor for
auds
The Commissioners did not ask for these ud They wholly
purpose puTfsss anu waste Oh city money 'e' ~ no SO' '" " 10 ''
o ess aad ho s cnfs @ s t nsns 1 wi
for this election and they responsible for wasting city for
T 4 a paid for the % % the s s
lied by The city charter Mr. Andrews we believe the gentleman
thing they
by Mr. Hagsrman apponteet Of the petition citizens Just
the charter When appointed
and the city paid for two audt ss' TIC
audit the heels required by the charter
WHO IS POOLING THE NORWEGIAN:
This question asked advertisement published by advocates of
aldermanic government in Sundays Journal
Dy o ] the oo ws fS s had %
become burdensome
1t certainly the who the
fair consideration the City Hall
make request register complaint
It's certainly the City Commissioners who have paved Streets put
where wOrkngmn
and have been criticised
tits certainly the City Commissioners their election in large
tt o.
Perhaps the wOrkngmen the
this
wOrkngmen,
abolish the white primary.
SHORTAGE OF SPACE PREVENTS FURTHER EXPLANATIONS
things explain many
should call
ofSn forbid
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-01-31
White Men and Women, Read This, Please
WHITE SUPREMACY

WHITE SUPREMACY
;,1 t5s
election
ni the wish of majority present city
primary
ton which vote and in which they have demanded
City
pledged themselves to the maintenance the white
government white
their
Have the advocates pledged themselves
Have the advocates Of @ the S of the
the have
POLITICAL rights with white peop supporting Aermanc
Think wei Of this Miss and M White Voter before casting
@ the primary which majority white yoters m s7s
their wish " 'N
THE WOMEN VOTERS
government T. they
the white eIisen patriotic white
realizing that tie n choice
6sss two forms Of city government" and not choice of for public
The City Commissioners responsible and school
nor for state federal and road and school district taxes
City have increased the that county taxes
increased fares and rates ear fares @
s ca G the
been The @ has H Bss sns o s and msg s
@ Sn e an ne ud s fire fire
s ~9s s ss ~ n" @ and
through times the
ms its is on basis
been The % lost $40 per year o 1 na
prohibited
has bs st for of s I a % Every dollar
Every dollar ordnance subject
the people the people ppOved expenditures
The speaking Of the es floating debt show mfamiariy
with the cs business and financial affairs THERE NO FLOATING
On credit
funds (no Dock and Belt Line Bond Money which
balance
in15v
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-06-26
TRIBUTE TO RATHENAU
PAID BY LLOYD GEORGE
Says England VIII Vote for
Gcrmany's Admission
to League.
my United Hcws1

LONDON. juno 25.-pr. walter
Knth"nau. the German Foreign Min
iE'"r was assassinatcd because h.
was trying to compensate for IN.
wrongs his nation had committed
against It's ncighhors. Premier I.loyd
George declared in paying tribute
10 the murdered statesman while
speaking a. The Welsh Haptis, chapel
here sunday
Lloyd George also announced ina,
Great Britain VIII vote for Germany
admission to tho lcngue OF nations
when the question comes up at
Geneva
"pr. Rathenau vas ono Of the abiest
ministers Of state In Europe" the
British Premier declared ITO was
doing his utmost 10 restore good rcla-
lions between Germany md the other
nations whom Germany wronEcd- he
was doing his hest--auL that is why
hc was murdered can only cxpross
tn" deepest horror at tn" outrage
trust that Germany VIII not suffer
for this wrong which tho people have
had Inflicted upon their own coun-
ir" hy such a dastarhly outrage
against one OF their most distin-
eutshcd statesmen"
Regarding tho i"agu" of nationF.
Lloyd George said nations must turn
into tn" paths 81 peace before being
admitted.
England VIII Vote for Germany.
we want all nations admitted" he
said. II want Germany there. and
II such "a proposal is submitted TO tho
council az tn" l"HEun at Geneva Great
Britain viii vote for Gcruany's ad-
mission. W" also want tho United
states there. And when Russia IS
clothed and Ia her right mind. We
want hcr there. We want Tho whole
earth there. We viii got peace when
tho spirit has moved people in the
direction NJ good will amongst mon"
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-06-26

sn extra session was demand that the
House Of Representatives act at once upon
shipping legislation. No three-day recess
program would be listened to by the White
House. Mr.. Harding wanted n special rule
then and there under which consideration
of the subsidy bill might be taken up and
disposed OF And to re-enforce his demand
the President directed his communication
10 the chairman OF the powerful Committee
on Rules.
Subsequent events throw interesting light
upon the characteristics Of MIR Harding. AZ
ter he had issued his utimatum and after
tho Merchant Marine Committee OF the
House. taking that ultmatum very serious
~. had moved to bring the subsidy bill upon
the floor. certain OF the House leaders went
10 the White House TO reason with the Pres
ident They reminded him. It appears. that
this was tho most inopportune time to press
subsidy legislation: that the boys" all
wanted TO get home for a while; that many
OF them wore doubtful about the popular
attitude toward subsidies for ships. and that
1t would embarrass the House If It were
forced TO vote upon the bill ut this time.
To the surprise OF outsiders. if not TO the
surprise OF the group OF pleaders. who did
the talking for the House the hmiable MIR.
Harding consented to withdraw his demand.
He agreed that. after all. II might be wiser
II the boys go back home for while.
feel out the people. and then return in
month six weeks and begin legislatng
once more.
II must be said, OF course that the Pres-
dent takes back nothing he has said in ia
yor Of his shipping policy. He stands pat on
H. He seems assured that the members of
Congress, who are giving themselves va
cation. Will find wave OF enthusiasm in
their respective districts for ship subsidy
legislation He does not feel the least bit
doubtful on that point
But II tho Republican, members OF the
House return in a few weeks TO Washington
with the report TINT their constituencies arc
opposed 10 a government outlay for the
maintenance Of the merchant feet on the
high seas under private control, what then?
Will the President still insist on the con-
sideraton of the bill? He may demand
consideration. OF course. and by using the
power of his office to keep Congress in
Washington. may bring about a vote but
he cannot compel members Of Congress to
support bill which they cannot defend be-
fore their people.
II seems to us that the President has
adopted unfortunate strategy in dealing
with this question. He held the whip hand
when he called for an immediate rule un-
t"mporized and agreed TO n postponement
OF action. he invited hazards which he may
soon regret