davidaulloa/AmericanStories huggingface dataset:
, 1922-03-29

commission. and with a crowd of
spectators that overfiowed the federal
courtroom hero. western Colorado pre-.
sented her case TO tho commission.
Colorado contends for unrestricted
use Of tho waters OF the river, e5 per
cent OF which come from the snow
heids of the Rockies in the state.
Figures were presented to show that
Colorado put to consumption use only
a very small percentage of the water
of he Colorado river, passing on te
the lower basin states the remainder
OF the water of the river.
Secretary Hoover opened n meet.
ing with n statement that It was de.
sired that each Gsstrict have a fun op-
~portunity to present evidence regard
ing the Colorado river. He urged the
necessity Of all working together to
permit h commission to reach an
agreement on problems of the river
satisfactory 10 all states Secretary
Hoover then asked DELPHI e. Carpen-
ter Of Greeley. Colorado's member of
commission. to preside at the
meeting and Mr.. Carpenter called
Victor f. Reyes. attorney general, as
witness,
General Keyes. in n brief state
ment. pointed put that after we ir-
rigate all we can in Colorado, more
two-thirds OF the waters will 20
downstream"
, 1922-03-29
LIMOS MINERS FAIL TO ADJUST VA

ton Of the American mines. and the
weekly consumption by American In
dustries. all the coal that could be
brought from England would not
amount to e drop In tho buckst.-
A The wage negotiations prSseed.
The miners are becnuang more and
moro determined that the next con.
tract shall contain a provision for
installation or tho check-orf system
in all mines All members OF the com
mttee OF eight last night declared
that unless such provision was made.
all negotiations toward termination OF
tho impending strike would amount
to nothing
Mr.. Warriner OF The operators dis.
missed tho question OF the miners de
mands for The check-off with the
statement that at has come up in
every wage conference IN the last
20 years
We do not AttAeh any moro sg
nincance TO II on this occasion than
We have in no past" he said,
, 1922-03-29
Viii Join Nation
vide WaKout; No
Hope Held Out in
Anthracite Field

CHICAGO, March 29.-Il-
hnois miners will join the ma
uonwide coal strike set for
April L and no hope of a
postponement or of initiation
of a separate state wage
agreement could b found. Frank
harrington. president oc tho Illinois
miners. told heads OF the state opera.
tors ASSOCIATION in conferences here
today Only an emergency could
change ttse situation. which now pro.
vents him from negotiating a new
wnge contract. Mr.. harrington told
the operators. It was learned
NEW YORK. March .s@By The
Associated PreRSCsstnE aside A.
a remote possibility the prospect of
settling their differences I time to
avert h general strike set for three
days hence, members OF the nnthra.
cite subcommittee on waEe contract
negotiations today Kridsd themselves
for a long. hard struggle over the
miners ID demands.
Nothing but a miraele-the imme
diaio acceptance OF each and every
one OF our demands-can avert the
strike now said Thomas Kennedy,
district president OF the United Mine
Workers,
Under the present circumstances,
It il probable that suspension viii
go into effect April !. according TO
tho miners program" said s. B. War
riner. vioo president Of the Lehigh
Coal and Navigation company.
Although sanguine of the ultimate
c Of the negotiations now IN
progress. tho six other meznbers OF
OF union chiefs and mine operators.
veo convinced that the mines would
be evacuated Saturday.
With discussion OF the miners de.
mand o q twenty per cent increase
scheduled to begin today. after two
weeks devoted to general surveys OF
economic and labor conditions in the
miners OF Pennsylvania. union otiefs
and mine operations began to dnft
into the city to be at the scene Of
the Developments
Philip Murray. vice president of
tho United Nine Workers OF America,
scouts he report that importation OF
Britah mined SOTO coa viii lessen
tho danger OF q bitumlnous o short
age and thereby hurt the aus of
tho miners in tho Forthcoming strike.
ANY attempt on the part OF the
United States chipping board to i'm.
port foreign coal probably would have
the sympathy OF the public he said,
'and thereby create sentiment against
strike. But Tho actual effect to
ward prevention OF n shortage or
extension of the available supply
would be negligible
, 1922-03-29

today called - a witness Miss 80
ellie Dunno. SECRETARY TO Gavin Nc
sS>. chief oounse for Arbuckls.
When Airs. Breig testified yesterday
that : telophoned to NeSAb a few
days g asking who would pay Miss
Rappe's hospital bin Of ;ss. McSab
asked her II II was not true thai she
had threatened TO testify for the
prosecution II Miss Rappe's NJ was
not paid
Mrs Breig denied making such .
threat but Miss Dunno testified that
she m on b telephone at the same
time as McNAb and that Mrs. BreIE
actually did max such an assertion.
Miss Dunno started to relate the
conversation. but Was stopped by the
court pending argument as to the al
VISIBILITY OF her testimony.
, 1922-03-29
RADIO CITED IN CoNTRACrs.

CHICAGO. March 2s.@sTfgors on
vaudeville circuits are prohibited
from singing for radio telephones by
clauses which are being inserted In
their contracts. The Western Vaude-
vile Managers association, which
first began making such contracts
declares that tho best efforts " the
singers are needed for the stage,
Among ostriches. h male hrds in.
cubate h eggs.
, 1922-03-29
IA SEIZED IN
LIQUOR RAIDS

CHEYENNE. wyo.. March 20 -
Fourteen persons. Including six WON
en-, were taken into custody by fed
erai operatives at Rawlins and Fort
steele yesterday. on warrants charg-
ing violation OF the Volstead act
Eleven gave bail OF $500 each for
appearance later and four were
brought 20 Cheyenne. Three. Dallas
Brown. Mike Malone and c. O. VII.
1iams, pleaded guilty today and were
sentenced to ninety days in jail at
.RawlinA
, 1922-03-29

Me-t me AZ The Smoke rrUuse.
, 1922-03-29
.ARBUCKLEG CASE
RESUMED TODAY

CONTINUED from raEe One)
h nce had been an inmate OF the
state hospital for the insane and that
her commitment had eve been with
drawn.
The defense anidavlts OF her dIsap-
pearance were introduced today n
preliminaries TO n motion that her tes.
timony In the second trial be read
In reply 10 testimony yesterday by
Mrs. Virginia Breig. secretary 10 Dr.
Francis b. Wakefield. At whose SAM.
tonum Miss Rape died. regarding an
accusation she said Miss Rape had
made against Arbuckle. the defense
, 1922-03-29
COAST DEFENSE
VALUES To Be
PROBE subject
Operation in Conjunction
With Modern Aircraft to Be
Studied by American
Military

WASHINGTON. March .s-Exten.
styo mEneuvars to Determine the mill
rary value OF American ooast defenses
whom operated In conjunction with
modern aircraft are being planned fos
the coming summar by ths war do
partmenG Under orders from Score,
larry Weeks. the program now is be,
ing prepared by tho chiaf of coast
artillery and army air servics Off
cals-
Although both branches are recog,
nized as having an important role in
coast defense. they never have be~a
tested Jointly nor has their personnel
EVER been trained in tests 20 coordi,
nate coast defense work
II was expected that ths tests
would incinds three important phazns
OF land and air Northumberland
target pnctico againSt air targets,
bombing practices against coast de
feuso Installations and combined tar
got p~racice-at extreme coast artillery
ranges
Major General Coz. chief of coast
artillery. and Major General Patrick.
chief Of tho army air service. have
been instructed to decide whero the
tests WI be conducted
, 1922-03-29

thefts and Robert Morton wanted on
"a similar charge. obtained freeSdom.
has been definitely Identified As a
man who f. now serving a sentence
OF n gear In the penitentiary ia
South Dakota
Jennings was awaiting trlal in Cas-
per on a charge OF highway robbe-v.
one OF his acts was holding I'd a dep
uty sheriff IN the Salt Greek field
Pictures OF tho man who Is being
held In the South Dakota Institution
were received here several days ago.
There was some doubt in official cir
els here whether the picture was a
picture OF Jennings or not. The photo
graph was hteT sent to salt Creek
where II was positively identified.
-
c me NJ The Smoke ffouse.
, 1922-03-29
COLORADO RIVER REGION
MORE HIGHLY DEVELOPED. CLAIM

GRAND JUNCTION Colo. March
2e.-The lower Colorado river basin
is under much moro rapid develop
ment that the upper. Herbert Hoover,
chairman of tho Colorado river com
mission. declared in a statement at
the hearing of tho commission today.
Ind the problem OF tbs commission
is to arrive at a basis that will allow
development of the states of the up
per basin without attack from the
lower and also allow the lower basin
full development and protection from
floods OF the river.
Before Commissioner Hoover, Gov
errors Mechem of Now Mexico. Boyle
of Nevada, and tho members of the
, 1922-03-29
EIGHT PERISH
In SKIPWREcK

San SALVADOR. Republic Of Sal
vador. March 2s-EShf passengers
were drowned among them two child
rem and n newly married couple. when
the steamboat Eienita was wrecked
on 4 bar In the Colorado river. north
eastern Costa Rioa. says a dispatch
received here
, 1922-03-29
JAIL DELIVERY
PRINCIPAL IN
DAKOTA PRISON

orvihe Jennings one q ths men
who participated IN tins Jau delivery
II the county jail last October In
which hs. L b. Nicholson. convicted
OF the murder OF Edward Schu.ts-
]. o. Howard. wanted for automobile
, 1922-03-29
Train Equipped
For Passengers
With Wireless

road to equip train with n wireless
for passengers WIS nid to be the Chi
cago, Milwaukee and ST Paul. which
announced the Installation OF radio
sets on its pioneer limited trains be-
tween Chicago and St Paul and Min
nenpolis- News received en- route viii
be posted for tho benefit OF travellers
as East as ft 10 received.
kidon Brooks HIS left for worisnd
whore no VIII transact business mat
ters OF importance for several days.
Meet me ut tho smoke House.
New-York tribune., 1922-07-25
Security Unaffected

Question: own a $1,000 bond 5la per
Gent istra,ion Dominican mean Republic customs admin
bond why is it selling SO low s' read cad
senator Borah's speech, delivered in Car
negie Hall New York shortly after the
issue Of this bond. He severely criticized
the United States Administration for its
polity In Santo Domingo. l also read news
Tee which investigated conditions in Santo
domingo, in which recommended ton was
made that the United States military gov
eernment be continued Kindly refra IN
from publishing answer in Tribune / an
pclpate an unfavorable report on this
n,,hIi nohd, and think an unfavorable comment
punilshed In the investors column would
oe factor in further depressing the price
Of this bond.--G. Il. c. -
Answer---The Dominican Republic 51b
per cent bond which you hold is, in
our opinion, sound investment and
tfere is no cause for you to worry
because of the decline from the offer
ing price. The bond is not an obiiga-
ton of the United States government,
put its security is enhanced py the
tact that the United States is directly
Interested in the Dominican situation.
The military government of Santo
Domingo guarantees "the acceptance
any government of the Dominican Re
public as a legal, binding and irrev-
ocable obligation Of the Dominican
Republic" Customs revenues securing
the loan are placed in charge of ar
official appointed by the President of
the United States. These revenues have
averaged over the last six years prac-
tically two and half times the inter
est and sinking fund service of the
Republics debt. Your letter, citing
Senator Borah's speech, points to the
cause of the decline in price of the
issue. The American position in the
Republic has been much criticized both
before and SAGE the sale of these
bonds, and the issue has similarly
been subject to attacks by persons out
Of sympathy with the American course
of action. These have exerted senti-
mental influence in unsettling the mar
ket for the bonds, but in no wise affect
their security. As to your request that
we refrain from publishing the answer
to your inquiry, we should like to make
it clear that it is our custom to hew
to the line, let the chips fall where
they may. In handling Inquiries we
pay no heed whatever to possible ef-
fects marketwise Of our replies.
New-York tribune., 1922-07-25
Investment Information

has not earned its fixed charges since
1917. In 1921 the company reported
a net operating loss Of s324,441 after
taxes and Joint facility rents. The
company struck balance between in
come and expenses around the end OF
January Of this year. In the first
month of 1922 there was net loss of
$4,000 after rents; in February net in
come after rents was $a6,l53; in Marcn
net of 1,701. and in April net of
s139,982. The net after rents for the
four months was $227,s35, and the net
after taxes and uncolected items but
before rents was Sa76,66S. Allowing
for seasonal variations earnings for
the full calendar year, based oN the re-
turns for the first four months, will be
more than enough to cover interest
charges, including interest on the ad-
Justment 6s. You will understand, of
course, that this is a purely hypotheti-
cal case that does not take into con-
slderation losses that may be sustained
through labor disturbances or a fail
ure to retain traffic for other causes.
We consider the first mortgage 6s a
reasonably sound bond, but cannot give
the adjustment 6s higher rating than
speculation despite the fact that it
may be possible for the road to earn
the interest on this issue by safe
margin during 1922.
New-York tribune., 1922-07-25
Too Many Foreign Bonds


Cues stion--Am inclosins a list or secur-
ties which | am holding, and as l have
iolloWed your page for quite some time
with q great deal of interest would thank
you TO let me know what you Think OF the
assortment and If you consider my invest
lnents safe and first class if you have
any suggestions to make how ] could i'm
prove same. Do you consider the stocks
WhicH am holding as speculative or all
RIG ut for man who is making provision
for his family and declining years? Secur-
TIES; Three Norway IS. 1870: two City of
Bergen IS, le@5; one Denmark 8s. 1916; one
City OF Cbrlstiania SIS, 1876 three Kingdom
GUM S1ss ls45 one Swiss government IS,
iSaIt TWO Dutch East Indies 6s. 19a7; one
Netherlands 6s, 1872, one Goodyear Rubber
and Tire ss 1891; Two Uruguay rs, 1916;
one Chile S. 1941. one Bethlehem steel Is.
1880 one Barnsdall SIS, 1891, one Air Re-
duction Is one Canada Steel 6s, 1910;
seventy five shares She'll Transport and
Trading, fifty shares American Tobacco
common A. fifty shares Northern Pacific
Railroad, Twenty-Five shares American
Telephone and Telegraph common, fifteen
snares American Snuff commons. s. r.
Answer-Our first impression of
your investments is that you have far
too many high-yieldng foreign Sc
curities for man who is making pro-
vision for his family. We suggest that
you correct this condition hy disposing
of the Chile SIS and Uruguay IS, and
reinvesting the proceeds OF such sale in
two really conservative bonds that
would form the backbone of your in
vestment as a whole. We suggest
Canadian Northern rs, due 1910. yield
ing about So per cent, and Duquesne
Light 6s, due 1949 yielding about SIS
per cent In making this change you
would, of course, reduce your income
return, but would at the same time
strengthen your position materially
You already have yield that is higher
than is consistent with conservative
ideas of investment values. By dis
posing of half your holdings of Bel
gian bonds and buying bonds of the
same general class as those Just
mentioned, you would strengthen your
investment still further. Shell Trans
port and Trading and Northern Pacific
are the most speculative of the five
stocks you own. The others will be
suitable if you VIII correct the lack
of balance in your bonds.
New-York tribune., 1922-07-25
Says ID. & R. C.. w.
Receiverslnip Will
Aid Bondholders
Committee for Adjustment
Bonds Feels Earnings of
Road Now Will Be Avail
able for Rehabilitation

Richard Sutro, chairman of the COM
mittee formed for the protection of
the adjustment mortgage per cent
hondholders of the Denver & Rio
Grande Western, said yesterday that
the application for a receiver made by
the New York Trust Company. as
trustee under the adjustment mortgage
was decided upon on the ground that
the best interests Of all the bondheld-
ers would best be served by a receiver
ship. In the absence abroad of Samuel
Untermyer Alvin Untermyer appeared d
for the committee at the hearing.
The adjustment bondholders," said
Mr. Sutro, have substantial inter
est in the treatment which is accorded
to the refunding bonds. The interest
of the adjustment bonds in the re-
funding bond situation is, therefore, a
large one, and is almost as important
as the interest represented by any re-
funding committee. The adjustme ent
bonds are entitled to protection and
standing accordingly.
"The important defaults of long
standing have occurred under both
mortgages. Interest has been unpaid
on the adjustment bonds since April J.,
1871, and on the refunding bonds since
August /, 1921. Now that the court
has taken the property under it's pro-
lection the committee of WHICH | am
chairman feels that the earnings will
be available for the rehabilitation of
the road and eventually for interest,
instead of being received by an alleged
owner which claimed not to be liable
for the payment of the principle and
interest of any of the bonds upon the
road"
New-York tribune., 1922-07-25
End Agreement to Cut
Toteco Oil Production
Gulf Company's Withdrawal
Due to Discord With Mexi.
can Petroleum. Is Hint

The recent agreement entered into
between the Mexican Petroleum Com
pany, the Mexican Seaboard Oil Com
pany and the Gulf Oil Company to
curtail crude oil production in the
Toteco pool in Mexico will be ended
to-day, according to notice issued
yesterday by the Gulf Oil Company,
which declines to carry out the COM
pact further. This action, in the opiA-
ion of oil men, means that all three
companies will proceed to get oil out
of the field to as great an extent as
possible before it's final exhaustion
forecast by the appearance of salt
water
1t was limited yesterday that the un-
expected action of the Gulf Oil Com
pany was due to a disagreement with
the Mexican Petroleum management.
The agreement reached with the lat
ter and Mexican Seaboard provided
that production should be limited to
100000 barrels day From now on
each will operate it's we'll according to
its own wishes
The wells owned by the Mexican Fe-
troleum Company in the Toteco pool
are said to be deep wells, while those
owned by the two other companies are
shallow.
New-York tribune., 1922-07-25
Curb Prices Sag
After Early Gain;
Oils Depressed
Locomobile Reacts and
Others Turn Weaker ON
creas q Pressure;
Bond Market Is Quiet

Prices sagged after early gains in
quiet trading on the curb market yes
terday. Lack of support was apparent
throughout the list. Locomobile fell
back on the announcement of w. C..
Durant, that the old company had
ceased to exist with the sale Of the
assets by the receiver to the new com
pany. The bond market was quiet.
Oils were generally lower, Cities
Service falling back to 2o4ia. New
England Fuel Oil touched new high,
at eo1a, before dropping back on profit
taking. This company Is said to have
important drilling operations under
way. Standard Oil of Indiana fell a
point.
New York Telephone preferred
sagged fractionally and Radio dropped
back to AS. Dubilier held at Sss. Ray
Hercules was active around 2.
New-York tribune., 1922-07-25
New York Central Net
Gained $40O, ,037 i'm June

The report of the New York Gem
trail Railroad Company for June in
dicated a net railway operating in
come for the month, after taxes, etc.
of s6,00s. 4e2, an increase of $4so,ss7
over June, 1921. For the six months
ended June SO net was $26, ,198,S45,
an increase of ss,9o5,54s over the cor
responding period of 1921.
The report. listed operating revenues
for June as s29, ,462, ,40s, an increase
Of $1,594,2 ,235 over June, 1921 The
operating expenses were S21,S52,14o.
an increase of S797,663 over the same
month last year.
The operating revenues for the six
months ended June 80 were $16s,bs7,-
783, an increase of $e87,27f over the
corresponding period of 1921. The op-
Grating expenses were $I23,641 ,537, a
decrease of S7,673,172 over the cor
responding period of the previous
year.
New-York tribune., 1922-07-25
Mercer Motors

Questi9h-Wiil you please inform me as
10 the financial standing of the Mercer
Motors Company? l have some Mercer
Motors v T. c. and would like to know
'he Value of it and how safe it is.--W. B.
!snswer-The reorganization OF
nercer Motors Company was completed
September 10, 1891, and we think it
too early 10 arrive at an opinion as to
how successful the reorganization
promises to be. The certificates are
selling on the Curb at 8 u and we con-
slider your interest entirely specua
New-York tribune., 1922-07-25
London Market Irregular

LONDON, July 24.-Trading was
quiet and prices moved irregularly on
the Stock Exchange to-day. Bar gold
was quoted at 92s 3D.; money was
loaned at " per cent. Discount rates
were: Short and three-month bills,
! 15-16@2 per cent.
Consols for money were quoted at
SOS; British per cent loan at 1Ooss
and British Ar per cent loan at 96.
Closing stock quotations were:
New-York tribune., 1922-07-25

Qaestto'ss Of genera, interest 70 in-
vestors seilt Be answcred in this eoIs
uam,as ~ @hich case only initials ,oill
% used. Others piil be aaspeyed BIZ
na't. Address oil inquiries. tnctos-
teg stamped, addressed enpeiope. to
ttsnanotal EDITOR. The Tribane. III
Nassun Street. Ncw York Ctty
New-York tribune., 1922-07-25
international & Great Northern

Question-If agreeable. will you kindly
give earnings etc, of the international &
Great Northern: now being reorganized by
Speycr & Co? Also your opinion OF the
lrst mortgage IS and the adjustment SIS
when Issued F s.
Answer-On the basis Of its own
operating income, and not including.
therefore. government compensation
during the period of control, the Inter-
national G. Great Northern Railway
New-York tribune., 1922-07-25

In the class of railroad and industrial
bonds there are good ones and poor ones,
dealt IN by many people, wise and unwise,
but none so unwise as to guarantee the re-
suit OF the investment. In the nature of
such bonds, this could not be done safely.
The Bond & Mortgage Guarantee Company
Capital and Surplus sI2.ooo,ooo) has
proved by its thirty years experience that
1t can be done safely with First Mortgage
Investments
Require its guarantee in every mortgage
investment you make and buy them from
this con1Danv
New-York tribune., 1922-07-25
Paris Market Active

PARIS, July 24.--Trading was active
on the 'Bourse to-day. Three per cent
rentes, 58 francs 30 centimes. Exchange
on London, So francs 30 centimes Five
per cent loan, n francs 80 centimes.
The dollar was quoted at IL francs 7S
centimes.
New-York tribune., 1922-07-25
Require Not Only First Mortgage but Guaranteed
First Mortgage

First mortgages are extoled as if there
were no possibility of loss in them. Every
thing depends upon the quality of the mort
cages. But most people are not experienced
enough to select them wisely.
This situation has been met and COM
pletely protected by the Guaranteed Mort
cages as sold by this company They are
carefully selected by experienced people
who are ready to guarantee payment with
sufficient capital This makes the course of
the investor SO plain and easy that he need
go no further
New-York tribune., 1922-07-25
Choose Bethlehem stao, e.

Qusstion--Wilt you kindly advise mo
"h.cp, IN your opinion. is the better bond
&C. ss ~ sstety OF the investment. Bethlehem
sseet tseet corporation consolidated mortgage
hnS year sinking fund 6 per cent gold
popo or the Goodrich "a per cent bond
Answer: We consider the Bethlehem
steel 8 per cent bond the better invest
ment
New-York tribune., 1922-07-25

TIN was quiet, with Straits quoted at
3i.Tb@32.50c; Straits shipments, 3l.75
@33c; standard. 31.75c. and 90 per
cent. oI.37A Gl31.75c. Copper quiet;
New-York tribune., 1922-07-25

standard spot, July and August, 1a.5oc
asked, and electrolytic spot, July and
August, 13.%hc. Lead quiet; New
York spot, 5.75c asked, and East St.
Louis, spot, 5.50c asked Zinc steady;
New York spot, 615c, and East St.
Louis spot, 575c bid