davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-12-13
iffh

xr..,.-, hennsry whites. average eHtfAs
e.@ssr. ertra nras. et0eec; hrFs tIg
&c. nearby gathered whites hIais s,S' 70 a.. sr
ia nrsts cIasso. under grades' Ss9ssSSe.. sSs..
puilets' eggs. selected Hne. ,.,,,s oS,' pscisc
49,, mite. e1tras. eGdtlc. extra hIsih
etGeso, nrsta 81 q csc; mediums. ~ 5'.,S w
..',icte EgG6sc. other western and SCUM.
sra gathered whites. $50 sc Hcr 's.s,, s.s,-
heuncry browns, extra fancy, ~ gf.s1,eae
Po,a,o,s-Jersey Giants. ti7sgts 10 10
~ sSc0ti.ts. state. $50 lbA i2.aS Z i.;sv'
i56 lbs ;l.750t2; Long l..ana' ,ss iSs
i57sSg3. ie5 lbs f2.ss Qi2.so' lso te
s225e'25o; Pennsylva.n,.iA.' vsg,rnss lsg Ia bar
81 ssaf1o, sweets. Jersey, basket: 'soF
so. Eastern shore. barrel. ssea y, az,
-. and Maryland. basket, s91s'9i
Anlse Louisiana, barrel $3.50.
Livestock, Meats. Provisions
New-York tribune., 1922-12-13

-Four full columns o. in
restmeni questions and an
ueers roiH be published IN
The Tribune cpery Sunday
and Monday. On other days
one full column 'riH appear.
New-York tribune., 1922-12-13
NaTI0NAL ucORIcE COMPANY

PHEFEHHED DIlIUtNU y
The regular quarterly dividend Of iAS
On the Preferred Stock Of this Company
has this day been declared payable on ps-
holders - record az the close Of buslness
III W. PErHERBRID0E. Treasurer.
December 18th, 1883.
New-York tribune., 1922-12-13
COTTON Statistics

Liverpool Cables-Spot cotton ,,,sH,s--
demand NJ points advance Mlaoi'ns, ~
f4bfd sales 1000 bales: AmeFle ',. 1,eyY
= oo0 boice' FUTURES were due ~ % 7.
noints lower: they opened very steaay a.
IN 10 10 points decline ana clotea 49,. 49,.
AZ IL 20 is points net decline p.9hlnk
Doceu,ber. I7e4d. January, 1851 Mhrch'
iSsed. MAY. 1854; July. 1920, Oc,onet'
~ ssd' Manchester; Yarns quiet ana IN
changed: cloths quiet. The z.fo p m blos
ceried 10 Liverpool follow: January
ss oec. March. IS 30c: May, 25.36c, july
New-York tribune., 1922-12-13
KERR LAKE MINIS. limited,
n BroadWaY New York.
DIVIDEND NO. ~.

DIVIDEND NO. ~.
December ~. 1881
The Board of Directors have this day
declared a dividend of f2hc per share or
the capital stock of tho Company payable
January 10. 1898 20 stockholders of record
AZ the close of business on January z. iii;.
Books Will not close
r. II. wEsrLAKE.
Treasurer.
New-York tribune., 1922-12-13
,o.,c.rnr t.ANp COMPANY.

NOTICE or ANNUAL MEEIlNv,
The Ananal Meeting OF ne htocknolasr
Of the I,oneacre Land Company VIII pe ne,l
Al the once Of the Company No. lli bfesn 80
dsy Of December. 1872. az D O'Clock IN ne
forenoon, for the election of Direciors ano
ths transaction of such other business ss
my VIZ. EyERDELL. Jh..
Secretary.
v.v yerk. December 4. is31.
New-York tribune., 1922-12-13

These statistics do not include lint
ors which Is about IA PER cent as mueh
sa the lint production. The estimates
by states follow: ,.,,,,.
New-York tribune., 1922-12-13

TO THE HOLDERS or EInsT MORT.
0AoE FfYB PER CENT eINklNe
FtJND 0oI.D BoNDs or VICTOR FJEL
COMPANY, DUE JULY 1877. 1851.
The undersigned, soceeesof 20 hnicksf-
booker Trust Company, Trustee under m
mortgage given 10 secure ths above ~
scribed bonda desires under the authority
Of said mortgage 20 erpsnd tbs sum of
seven Thourand Seven hundred and flfti
Two Dollars and thirty Cents NI,IsiaQD
Tor ths purchase Of bonds of said ISSUE
provided such purchase can IN i,s opinion
now b. made adYantageously.
Sealed orers % said bonds may b. rfnt
20 the Columbia Trust Company Trust
Department, 90 DroadWsy. New YORK CITY
not later than December 10Th. ri2, a.
twelve o'clock noon. Bonds accepted must
b. delivered on December llnd. 1917. Or
security furnished that day. n required
that delivery will be made within ten dayt
The right IL reserved by ths undertiEned
to reject any and All onefa
COLOMBIA Trust COMPANY.
Successor Trustee.
ny GEORGE E WARREN,
Vice. President
Dated, New York. December 9Th, 1852.
New-York tribune., 1922-12-13
nAuwAY srEEL-sPRINO COMPANY.

Novsnbar ~, 1879.
quarterly dividend Of TWO PER cENI
f1gD has this day been declared on tho
COMMOs STOCK % 'his Company payeolp
December J0th. 1922. 20 stockholders OF rec
ord December 18th, is21.
,rhe transfer books will not b. ciosed.
Checss viii be mailed BY Bankers Trus'
NO'"l~"'' Il pANGHApT. Treasurer.
New-York tribune., 1922-12-13
FINANCIAL
TO HOLDERS AND OWNERS ~
comKohWtlIIB WAFER 4 lIeHI co.
GOV NEW JERSEtl
f1ve Per Ceat Stalking Fund

NtnIH NFnNnHf
TAKE NOTICE that, IN accordsrcs vith
the provisions of the said bonds and ~
the mortgage securing the aamf. Com
rssnwsaifk Water a Iieht C0mpany baT
sfsfclssd. and does hereby efsfciss. tha
rirht thereby reserved ~ 4 20 fedefri
ssch and al of the said First and Re
funding Mortgage Yivs Per Cent sinklrg
Fund Gold Bonds upon payment On ~
cembsr "a. 1871, 10 the holders ana oVui
80 thereof. Of iet per cent of the prss
cipal, together With accrued interest thtft,
on Holders and owners of said bonds afe
thsfsfors hereby notified 20 present. fsi1
bonds Tor redsmption a sad rae oi les
per cent. t0fethsr with aaid tinierest. at
ne ofacs of The Warmers Lean end
Trust Company, No. a. william street
CITY. County and STATE q hsT lork, on
it12 All unmatufsd coupons must be
attached 20 faid bonda
COMMONWEALTH WA1ER a LIGHT. 90,
W CARROLL y BAssEIT II ifsss. i,nt
~ SAM SLOAN. vie.-Pr.sa-At
New-York tribune., 1922-12-13
ELECTION NOTICE

THE GUARDIAN LIfE INSURANCE.
COMPANY Ot AMERICA.
The annual election Of directors % tbs
Company will be held at its principal onlcf.
No 90 Union square. IN the City of New
York. on "Wednesday, the l1ih Day q De-
esmber. 1874 from II A ~ % p. ~.
y. A. ooEKE sserstsfr.
New-York tribune., 1922-12-13
As~G4.eE GS~A O..

New York. Dec IN. 1857.
A ouarteriy dividend o. one dollar AMI
feyenty-nye cents ti,7t1 per share, WI p
raid on the Debenture Preferred stock of
this Company On January End. 1919, % stool
holders of record on December 2grf. isll, a.
- 'S ~ v. sHicR, seers,afy.
New-York tribune., 1922-12-13
Bonds
IiSSs IiSSs2 c5~ INV Efl.,s. 81 Is'.'Ds e N g e
Cleveland
Deirnit

Sales. Open. Bigh. Low. Last
so Am j. e. T....t19 100 l36A labA
. 100 Charcoal Iron.
1900 Columbia Mot. - "a ~ IN
100 Colum Sugar. Ga ga va "
G5O Cont Motors .. 1913 loH l0A JON
100 Esmunds & ] s5H 25A 97& 25N
1900 GLADYS Belle. ~ 20 % @0
40 Ford ........8a1 399 800 5so
so M6t0r Prod LOB l05h 100 Joy
900 Murray Mfg. .. 1s 1sia 1s lsh
275 Paige ......... 35A S5A 5g* ssh
Go parke DAVIS .l55 100 isg 70.
SO Reo .... a. u "a -
750 T'imken Axle. 'gH 9A sh sh
New-York tribune., 1922-12-13
NATIONAL MCOHICE CoNPANf.

COMMON DIVIDEND NO. Al.
The regular semi-annual diyidend ~
2isr. on the Common Stock of this CON
pany has thia dsy been declared, payable
January sth next. 90 Oh Common stocf
holders OF record AZ the cioss of business
January 3rd.
"a w. PETHERBRIDoE. Treasurer
December 18th, is22
New-York tribune., 1922-12-13
Days Ne,o Issues

D,ilon. Read 4 Co. are Offering at
100 and accrued dividend an issue Q!
40 600 600 per cent cumulative hrse
nroferrcd stock Of the NJ. A. Hanna
Company. rcdeemable as 8 whole o, W
mart 81 ITO and accrued dividend; nes
earnings. FOR the Ave years ended ne De-
cember I3l, 1921, averaged SIAOi,i9e'
according 20 the statement 70 the oAhk-
ers. The company agrees thAt no eAsH
diyidends can be paid upon its CON.
mon stock unless after such paymeh.
net tangible assets are equal 70 AZ
least 5000 por share Of the hrst pre-
ferred stock then outstanding and IN
less such net assets include net cur
rent assets Of at least Ss,O0O,00O.
The Province OF Ontario viii open
bids to-day for S5,000,000 tWenty-yeai
5iz per cent bonds.
Ames. Emerieh 4 Co. are offering
TO-DAY new issue Of 100000 3 per
cent cold bonds Of the municipality OF
Bayamon, Porto Rico, guaranteed es
10 principal and interest By the gov,
eminent Of Porto Rico. They are datse
Julv 1. 1922. and are due semi-annuAliy
July 1. 1923, 70 January /, 1852, and
are priced to yield 4.60 and S.6o per
cent, according to maturity.
The New York herald., 1922-10-03
BANKERS MAY CONSIDER
MOVING HEADQUARTERS
Some FAVOR Washington, but
". Y. viii Oppose Change.

Another controversial question that
may come before the American Bank
crs Association Convention Is that Of
whether the headquarters Of tho Asso-
citation should remain In New York or
be removed TO Washington. The ques-
tion IS no new one in the association.
and sentiment has been growing
rapidly in recent years. particularly
among national bankers. that head
quarters should be in the capital
At tho meeting of the association at
White Sulphur Springs last spring a
committee OF twenty-five was ap-
pointed 70 consider the question Of
moving headquarters John r. Pucll-
cher first president OF the asso-
citation. was appointed chairman OF the
committee.
New York bankers are hoping that
the question OF moving the association
TO Washington will not come up at this
convention. which already threatens 20
be the theater OF violent struggle over
the branch banking system. IL IS
known that the bankers who favor
moving the associations headquarters
nearer the Government are loath to
bring up the question while guests OF
New York. Should the question be pro-
iccted into the convention Il VIII meet
with bitter opposition.
The New York herald., 1922-10-03

future wage scales. when Il was learned
that the operators in caucus this after
noon rejected a proposal OF The Federal
Government that n panel OF twenty
names OF persons dissociated with the
coal industry be submitted to President
Harding for use In creation of a COM
mittee provided under the Borah Wilson
law recently passed by Congress.
AZ the operators caucus this after
noon a telegram was read from Herbert
Hoover. Secretary OF Commerce, and
James ]. Davis. Secretary OF Labor. ad-
dressed to Thomas X. Maher OF Cleve-
land, temporary chairman Of the joint
conference OF operators and miners, ask
ing the conference to submit 20 the
President panel OF twenty names Of
persons dissociated with the coal in
dustry which might be included in the
Federal fact-nudlng coal investigation.
The telegram. a copy Of which was
also sent to John l.. Lewis president
OF tho United Mine Workers Of America,
requested IN the name OF President
Harding that this panel be submitted
by the joint conference tomorrow.
The New York herald., 1922-10-03

and control rests With the bankers
themselves In their respective States.
Personally. I have two well estab-
lished convictions. the first of which is
tina: It Is supremely selfish and un-
worthy OF us and just bordering on
cowardice, to deny national banks the
privilege which their competitors, the
State banks. enjoy: second. that just
ordinary business prudence and fore
sight as well as our own protection In
the future. prompt us to direct our
effort toward circumscribing branch
banking to cities OF 100000 population
or more and limit them to this field.
Again, l feel sure that the city
banker. In his espousal OF branch bank
ing, does not seek TO monopolize the
Ranking business Of the country. but Is
actuated by the sincere desire to serve
his community more efsectually and will.
Ii we aid or. at least. not oppose. this
worthy ambition. I have sufficient
confidence in the fairmindedness of this
class of bankers to believe that they
will respect our wishes In return and
leave undisturbed the field now occu-
pied by the smaller banks"
When Mr.. Allen had finished reading
the report Mr.. Scudder. Of Passaic.
moved to strike out "all that part OF
this report which refers to the personal
opinion of Chairman Bowerman." He
said:
While the chairman OF the Federal
Legislative Committee states that
branch banking has arrived, he does so
only as to the twelve States which
have adopted branch banking. Branch
banking may have arrived in the twelve
States he refers TO and his recommenda-
ton is excellent, which says that II the
present laws are unsatisfactory, you
should endeavor to correct them by
elimination or amendment
That is fine. echo that senti-
ment. but he winds up his report by
practically recommending that we adopt
in principle the branch banking for all
the States to the extent OF cities having
10000 population or more.
This. he frankly admits, Is a per-
sonal proposition, a personal suggestion
on his part and has nothing to do, II
seems to me. with the thought which
comes before us as a convention for
adoption"
The New York herald., 1922-10-03
Wants Federal Law.

There is, however. one aspect Of the
case in which all Of US have very
direct interest and that Is that we
should insist that the Federal Govern
ment absolutely prohibit national banks
from invading the territory of State
banks with additional offices" or
branches in states where the State law
denies the same privilege to State
banks.
I'VE believe that II would be quite
unfair to permit banks chartered under
the Federal law to compete with state
chartered institutions on such unequal
terms and the members OF our division
should protest most emphatlcally
against any Interpretation of the law
which would make possible such COM
petition In the States where our own
members are denied the same privilege.
"On the other hand we see no occasion
for any undue heat and bitterness in
the discussion of this subject, nor is
there any good reason why this question
should be permitted to split the Amer
ican Bankers Association into two
hostile camps. II would appear that the
proper course to pursue is to reiterate
IN no uncertain language that our divi-
sion is opposed to any development Of
the branch banking system on the
English or Canadian principle. especially
as In passing such resolution we will
but confirm the action taken by the
Kansas City Convention OF the Amer
lean Bankers Association In 1916. and
We believe moreover that the vast major
ity Of the membership Of all the sections
OF the association in attendance at this
convention will favor the passing OF sucn
a resolution"
c. s. McCanc. vice-president of the
Bankers Trust Company Of Little Rock.
then offered a resolution which was
carried unanimously by the State Bank
Division and which said regarding
branch banks:
"Be ~ Resoived. That the State Bank
Division or the American Bankers As
sociation Views with alarm the estab-
llshment OF branch banking in the
United states and the attempt TO permit
and legalize branch banking: That We
hereby express our disapproval OF and
opposition to branch banking In any
form in our nation.
Resolved. That we regard branch
banking. or the establishment of adtli-
tional Offices by banks, as detrimental
10 the best interests of the people Of
the United States. Branch banking Is
to public policy, and violates
the basic principles Of our Government,
as Il concentrates the credits Of the
nation and the power OF money in the
hands Of few.
BE IL Resolved. That the apprecia-
lion Of the State Bank Division OF the
American Bankers Association be ex-
tended 10 r s. Hecht, who has so ably
served the division as It's president. and
oy his uniform fairness and courtesy,
Ills soundnees of Judgment and untiring
efforts. has influenced the sentiment on
he nation for better and sounder bank
ing, coordinated the activities OF the
membership OF the division to the ex-
mt where thefr influence is felt as a
Dwerful factor in the financial affairs
The New York herald., 1922-10-03

OF the country He has given full and
fair hearing. and an opportunity for
expression OF viewr C. all members on
all questions presented.
BE It Further Resolved, That the
thanks OF the division be extended to its
able deputy manager George Il. Allen.
whose benefcent influence has been con-
stantly felt in the successful activities
OF ne division and that we wish for
him continued health, happiness and
prosperity"
The following RESOLUTIONS Committee
OF the state Bank Division was APP
pointed: G. 8 Mccain. vice-president
Bankers Trust Company. Little Rock
chairman Roy Q. West, director Bank
Of Dwight. Dwight, III. +. T. Hodgdon'
ca shler. Farmers and Merchants BANK
HANNIBAL Mo. Grant McPhcrrin. presi-
dent. Central state Bank. Des Moines
and NJ. y. Wells, vice-president, Home
Savings Bank, Milwaukee.
The New York herald., 1922-10-03
STRIKING SHOPMEN WILL
RETURN TO THEIR WORK
Haue Settled Difficulties With
American Locomotive Co.

John J. Dowd. chairman Of the
Central Strike Committee Tor the Met
ropolltan District. announced last night
that the striking railroad shopmen had
settled their difficulties with the Amer
ican Locomotive Company and that the
men OF the Cooke plant at Paterson.
y. j.. would return to work tomorrow
morning. The men OF this plant have
been out on strike for eight weeks.
having gone on a sympathetic strike
when the Erie contracted with the
company to repair the roads locono-
tives
Mr. Dowd said that the settlement
was reached at a conference between q
committee Of workers and j. T. Bo.-
we'll general manager OF the slant
The New York herald., 1922-10-03

An advertisement in the Lost and Found columns of
THE NEW YORK HERALD offers a real possibility of
covering lost property. Telephone advert
Worth 10000
The New York herald., 1922-10-03
THE CINCINNATI. LEBANON &
NORTHERN RAILWAY COMPANY.

OffiCe OF the Ireasurcr,
Pittsburgh, Pa. October End, ls22.
First Consolidated Mortgage 4B Gold
Bonds OF this Company TO an aggregate cost
OF Si2 900 90 viii be purchased for ~"
Sinking Fund November ist. 1922. from the
lowest bidders At a price not TO exceed par
and interest. Sealed proposals 20 sell bonds
must be In the hands Of The Farmers Loan
and Trust Company. New York city, before
close of business, three O'Clock Z. NJ. on
Tuesday, October 81 1922.
T. ". y. McKNIGHT, Treasurer
The New York herald., 1922-10-03
EMPIRE GAS HAS NEW FOOL.

The Empire Gas and Fuel Company
s1e principal petroleum subsidiary Of
Cities Service Company. opened new
oil pool with the completion OF It's new
well in Cowley County. Kansas The
hell is flowing at the rate OF 500 bar
/, sis day. The we'll Is In the center
a. a block Of aOoo acres recently ac-
qitrcd by The Empire Company upon
she recommendation OF its geologists.
The New York herald., 1922-10-03
Paragraphs Stricken Ont.

The president. Mr.. Hecht. suggested
that there would be ample time for dis
cussion before the meeting adjourned,
and all of the reports might be re-
ceived and filed, but not approved. which
would leave them open for discussion.
Mr.. Scudder replied that he would be
glad to follow the suggestion II he had
more time TO spend at the meeting, but
that his time was limited.
Mr.. Hecht said he was not trying to
cut short discussion of branch banking
but simply TO expedite the program and
was ready to entertain a second to
the motion. Mr.. Rathje of Chicago sec
onded the motion, which was put In the
form that the last two paragraphs OF
the report be sticken out and that the
report then be received and filed.
The New York herald., 1922-10-03
OPERATORS REJECT
COAL PANAL PLAN
viii Not Offer List of Men
Dissociafed With Industry.

CLEVELAND. Oct. 2 (Associatcd Press)
late tonight Indicated
that there was a pronounced lack OF
harmony within the ranks Of bituminous
coal operators, in session with miners
rere 20 formulate a plan for negotiating
The New York herald., 1922-10-03
What Henry Watterson
told the Bankers Convention
in 1883

with their money-what
might not be achieved if
capital should add this land
of wine and milk and honey
to their fields of investment
and give US the same cheap
rates which are enjoyed by
nearer, but not safer, bor-
rowers?"
We rather suspect that "Marsc
Henry's" behavior toward his
banker would not be considered
either bad form or out-of-date
in 1922. But what a great
change has taken place in the
attitude of capital toward in
vestment in the South since
1888! y
The "old" Seaboard was a
new bank in that year, but it
was showing then a character
istic that it has constantly held.
This bank has always con-
sidered it a privilege to CO.
operate with sound business
whether located South, East,
North or West.
The New York herald., 1922-10-03

ALL who heard "Marse
( \ Henry" that day will agree
hat he was never in better form
The Convention roarcd its
aughter and thundered its
Being a provident person,
and not without sagacity,"
he said, 81 have always
been a friend to the banks.
A man may quarrel with
his wife; he may some
times venture a suggestion
to his mother-in-law; but
he must love, honor and
obey his banker.
But | am
asked to speak of the South.
You can see for yourself
here in Louisville what the
South has done; what the
South can do. If all this
has been achieved without
credit, and without your
powerful aid-and I am
now addressing myself to
the North and East, which
have feared to come South
The New York herald., 1922-10-03
May Hurt Small Town Banker.

But this committee and this division
stand unanimously for the protection
and we'll being of that great body OF
American citizens designated as the
small town banker who must aban-
don his chosen profession and seek other
means OF livelihood II branch banking
is not In some way limited.
The question now is not Shall we
have branch banking7' but rather.
What shall we do with branch bank
mgr It isn't going TO arrive. It's here
and those who do not look this fact
squarely In the face are. 1 think, etand-
ing In their own light
There will be no attempt In this re-
port TO discuss the merits or demerits OF
this n.ooted question. The American
Bankers Association Is on record as
being opposed to branch banking This
division has taken a very positive stand
against 1t, and yet the practice grows
rapidly and II is gaining ground almost
daily. II has ceased to be a matter OF
ethics, resolutions or recommendations
and has resolved Itself into matter OF
Federal and State egislation-State
legislation in fact almost exclusively.
and this rests largely With the bankers
In their respective states.
"If you do not want branch banking
In your State. since you are alive 10 the
proba abilities of the situation. you should
use your best efforts 10 prevent the en-
actment of legislation which makes 1t
possible. II the present laws are un-
satisfactory. endeavor TO correct them
by elimination or amendment.
Both this association and this divi-
sion are bound by resolution In general
convention and will. arm positive. use
all honorable means 10 protect the In
terests OF the unit banker who consu-
,"fcs. such majority OF ts member
tf l,.t .~ 90 n. fre z t.f"c eNnan.
10, .
The New York herald., 1922-10-03
Does Not Fear Monopoly.

Mr.. Hecht. who is president of the
Hibernia Bank and Trust Company. New
Orleans, touched on branch banking in
his address. aging:
AT the convention in Los Angeles
last year our division went on record
as being opposed to branch banking in
any form. In the meantime this prob
lem has assumed nation wide interest.
due to the recent efforts to expand
the branch banking system on a rather
large scale in some of the Middle West
ern States.
1T goes without saying that none
Of us want to see our independent
banking system put in any jeopardy.
but. with the exception of one or two
States, there probably Is no real justi-
flcation for the fear OF some of our
banks that their autonomy and indie
pendence are in any danger and that
we are threatened with any sort Of
monopolistic control.
I'VE should not permit the issue to
become unduly confused. for there Is
all the difference In the world between
the unrestricted expansion of branch
banks on the English and Canadian
principle and the permission to operate
several offices within the same munich
palty in which the principal Office Is
located. The one really does carry with
t the danger of too much concentra-
tlon of power in the hands of the few.
The other IS usually merely a con-
venience TO the public--the bringing of
the bank to the people.
After all is said and done. the real
place to make fight against the ex-
tension OF the branch banking system
Is at the state convention and the seq
sions of the state legislatures. because
nothing that we can do at this meet
ing can change the laws OF those of
the States which permit banks to oper-
ate more than one business office.