davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-04-28
SUIT FORL. r. r. RECEIVER
is ADJOURNED A MONTH
All Except $69z, 900 of $685.
I44,4OO Notes Deposited.

The hearing in the United States Dis
trict Court on the application Of the
American Brake Shoe and Foundry
Company to have the Interborough
Rapid Transit placed in the hands of a
receiver was adjourned yesterday until
May 26 by Judge Mayer The Judge
also adjourned the hearing on similar
application made by the Continental
Securities Company until the same date
The hearing of argument on the latter
application had been scheduled for to-
day.
Fewer than . per cent. of the $685..
144.400 in outstanding notes which are
past due and which the company asked
the holders to deposit for extension re-
manned undeposited The total amount
that had not been deposited up to the
time of yesterdays adjournment was
S697. 900.
The New York herald., 1922-04-28
FOOD AND SUPPLIES GO
TO THE FAMINE REGIONS
TWo Ships Garry 100000
Cargoes for Near East.

The Danish freighter Lexa Maersh and
the Shipping Board cargo ship Coeur
d'Alene sailed yesterday for Constants
nople and Batoum with 100000 worth
Of food, clothing. medical supplies and
agricultural equipment for the famine
regions or the Near East, shipped by the
Near East Relief.
More than coo tons OF grain aboard
the two vessels were given by Canadians
for joint distribution in Armenia by the
Nc-r East Relief and the British Lord
Mayors Fund Fifteen Ford tractors
will help In the restoration OF agricul-
turaI activity.
The New York herald., 1922-04-28
ALIEN sNEAKS IN TO JOIN FILMS
HoIlnndcr Arrested mt Grand Gen.
trnI After Entering by Canada.

William Gorsemau. 10. a native or
Holland. was arrested early yesterday at
the Grand Central Terminal on q charge
Of entering the country Illegally by way
Of Canada. Goraeman told the police
he was barred BY the immigration au-
thorities at Rouse's Point. ". ". and
that he got off the train and then
climbed through window of wasn-
room that was locked. He said he was
coming to this city to enter motion
pictures and by a coincidence met two
film directors on the train.
Goraoman was arrested by railroad
detective on telegram from Montreal
Tho youth Is six feet two inches In
height and has light golden hair. He
was turned over to the immigration
authorities al Ellisfsland.
The New York herald., 1922-04-28
Speed Ordinance Signed;
Trolley Stops Protected

/. dAYOR HYLAN yesterday
M signed the amendment 10
the traffic ordinance, which
reduce the permissible speed of
motor vehicles from fifteen to
twelve miles an hour. No vehicle
may cross a street where there is
a car track faster than eight miles
an hour, nor may II cross a side
walk. leaving a garage or a vacant
lot at speed greater than four
miles an hour.
No motor vehicle may approach
within eight feet of a street car
thar has stopped to discharge or
take OF passengers.
The New York herald., 1922-04-28
Today's Radiophone
Program

l.4o-Edna Beatrice Bloom,
soprano.
2.40-Hackel-Berge Trio
violin, cello and piano.
3.40-Edna Beatrice Bloom,
soprano.
4.40-The Children's Hour
Charlie Chipmunk and
Jimsi'-by Elsie Jean, popular
writer of children's stories.
10.30-Address-by Eliza @.
Fothergill, Home Economist
and Efficiency Expert of the
Child's chain restaurants. Sub
ject-"Spend- -Thrifting." Brief
musical program by the Vic
trola and Ampico.
The New York herald., 1922-04-28
CITY TO GO 2 YEARS
WITHOUT LONG LOAN
Net Debt Now S732,398,428.
Against $1O,249,991,835
Valuation, Says Craig.

The City OF New York viii make no
further offerings OF long term bonds for
at least two years, 1t was announced
yesterday by Comptroller Craig in a
letter to Speycr & Co.. the bankers
heading the syndicate which purchased
the s45.000.000 issue Of New York City
4 z per cent gold corporate stock on
Tuesday.
Comptroller Craig wrote that in the
last four years the net increase in the
city's debt has averaged approximately
$11.000.0o0 a year as against an in
crease in the assessed valuation of real
estate for the period of approximately
81, 600. .0o0. 900 which is more than the
entire debt OF the city.
The following statement OF the as
sessed valuation of real estate subjct
to taxation in 1922 and of the debt of
the city as OF April /. 1922, was pre-
sented to the bankers by the Comp
troller:
Assessed valuation of real es-
tate subject TO taxation. $40, ,249. .9o1 .S3o
Gross outstanding
debt. including
corporate stock
notes .,..... 81 .3o2 ,s75.i50
Less sinking fund
hoiulngs ....'.. 23o.'44,SSi
Net outstanding debt ...... 1,OI1, ,a30. .269
From this amount should be deducted water
supply, self-sustaining and exempted debt.
as follows:
Rapid transit. s5s,1s7s7s
Docks ........... 70,000.000
Water supply. 212, $4,000
1885. .9S1 SIG
Less amount OF
sinking funds
for above issues 46.450.033 2Se,53l ,s4l
Net debt Cncludlng notes)... $Is2.39S. .42s
The value of the property owned by
the city as compared to the assessed
valuation of similar privately owned
property is approximately $2.o00,0o0,-
000 and greatly exceeds the entire debt
of the city.
AS of April l last the clear margin OF
the city's debt limit available for any
municipal purposes-after reservations
and commitments aggregating $55,332.-
190-was S137.14S,311. Referring to
tho high price received by the city for
the new $45.00O.000 corporate stock
Comptroller Craig said, I'VE may look
forward to the time when we will again
sell bonds at rates ranging toward
31s per cent.
The New York herald., 1922-04-28
Students Suits
,,,,,ss,. Two eaif'{ $3.50

Worsteds, cassimeres and
tweeds. Checks, pencil
stripes, herringbone, and
those very fine patterns so
much in demand by young
men.
Sizes Is to 20 years and 81
to &C.
Street Floor, New Building
The New York herald., 1922-04-28
bids Promptly Rcaavertiscd.

Rcadvertisement Of the much dis
cussed nine subway construction bids
recently rejected By the Board OF Esti-
mate was ordered by the Transit Com
mission yesterday within ten minutes
after their return by the city authors
fies. The bids must be received and
opened on May T. at 1890 \. NJ. They
will b. advertised beginning May 1.
Three Of the twelve contracts. all con-
sidered urgent, were withheld BIZ tho
Board Of Estimate presumably for con-
alteration ~ committee OF the whole 81
that body to-day. Two OF these. FOR
$1,000 provide for tifs and timber Tor
uHc N the Fourteenth street ~ X, r.
subway. The other covers al cost OF
so7, h4.f5 track Installation on tho Livo-
Mig avenue extension OF the INTERIOR
wth Ia Brooklyn.
The New York herald., 1922-07-26
NEW COAL MERGER HAS
CAPITAL OF $2,50Oy 900
Seven Mines, Mostly in Ken
tucky, in Combine.

Special Dispatch to THE New YoRK HmALp.
CINCINNATI, July 25. Through a
merger, the details of which were
clouded to-day, Cincinnati and northern
Kentucky capitalists have created COM
mercial coal company that will be one
of the most formidable in the southern
section of the Blue Grass State.
Seven mines were taken In, with n
total acreage of $4,000. small line Of
railway and a potential production Of
million tons Of coal year. The
capitalization has been fixed at s2.6oo.o0o.
The name OF the new corporation has
been selected as the Log Mountain Con-
solidated Coal Company and its. proper
ties are mainly in Bell county. Ken
lucky, with a small acreage In the strip
of Tennessee adjoining. The properties
that are taken in by the consolidation
are the Lignite Coal Mining Companys
the Yellow Creek Coal Company. the
Mingo Coal and Coke Company. the
Bennetts Forlx Coal Mining Company
and the Log Mountain Coal COMPANY.
In addition 1000 acres controlled by
the Yellow Creek Coal CnmpGny and the
Middlesborough Land Owning and Leas-
ing Company may be brought In later.
The New York herald., 1922-07-26
Total earnir
taxes .....
nA--1At.tt--
CALIFORNIA OIL CUT;
MEXICAN IS ADVANCED
Reduction by Standard Sec
ond in Ten Days.

Further reductions were announced
yesterday by the Standard Oil Company
Of California in its price for all grades
OF crude oil. All prices were reduced 25
cents a barrel at the well. continued
overproduction being given as the rea-
son. This Is the second cut to be made
within ten days.
The new prices for crude oil of 26
degrees to 26.9 degrees gravity is s1.05
barrel and for each increase in gravity
Of cne full degree up to and including
3f.s degrees 10 cents a barrel additional.
For 35 degree oil and above the new
rice is $1.95 a barrel.
Further advances. on the other hand.
have been made In quotations for Mexi-
can light crude. oil for which refiners
ere now bidding as high as $3.50 +. o. b.
tanker. not including taxes. Taxes
amount to another 22 cents A short
time ago Mexican crude. from which
fuel oil is derived. was quoted as low
as so cents a barrel. but the intrusion
OF salt water in some OF the big pro-
ducing fields and the Increased demand
for the product. have caused many pro-
ducers to withhold offerings in antici-
patton of higher prices.
The New York herald., 1922-07-26
CENTRAL LEATHER CO.'S
DEFICIT IS $39S, ,O32
Second Quarters Loss Much
Less Than That a Year Ago.

The report Of the Central Leather
Company for the second quarter Of this
year shows deficit after charges OF
$3.50 .os2 which compares with a deficit
OF ss.264. 1872 in the corresponding period
a year ago. Profits after repairs. main
tenance, taxes, &C.. but before charges.
were ss0e.67s. against loss of $ft55.o .oSo
in the June quarter of 1921.
For the first six months Of the year
the company had a deficit after interest
and charges of $629.249. which compares
with a deficit in the first six months OF
1921 of s1O,215.771. Profits In the first
half aggregated $f.759.944, as compared
with loss a year ago of A.524, ,407. and
general expenses were 81 .623. $50. COM
pared with $2.754.s42 In the first six
months last year the company wrote off
$3.50 900 for adjustment Of inventories.
Other income was $i53.oeo. against
S132, $50.
The New York herald., 1922-07-26
JUS. STEEL EARNINGS
SHOW IMPROVEMENT
However, Corporation Failed
to Earn Common Dividend
in Second Quarter.

The total earnings Of the United
States Steel Corporation for the second
quarter Of 1922, made public yesterday.
were s27.2S6.s45 and the net earnings
after all charges were $11,19S.S55. or
approximately 96 cents share earned
on the common stock after preferred
dividends. This is a substantial I'M
provement over the returns or several
preceding quarters. but nevertheless the
corporation failed by $1.462,s45 to earn
its common dividend.
In the preceding quarter total earnings
were s19.339,sS5 and net earnings s5.-
sos,2 232, while in the corresponding quar-
ter of last year total earnings were
s21.se2.o1s and net $s.0s7.032.
The following table gives comparisons
of the salient items of the big corpora
tion's quarterly income account wien the
statements OF the preceding quarter and
of the second quarter last year:
ts ter aaaa. iosa. 'si ter iSs issa. s ter t 1871
after taxes s27. .2ss s45 $40 sse ,es5 SCI so: ols
Sinking Sinking fund %n; s.ss4sis s.s75osS a2cs.si7
interest ana -. -
Balance 49,. II, ,196, ,355 sos. .232 S.0S7 .032
Dividends -. IL, ,65s. 700 12.65s. 700 126As.10o
Deficit 80. 1.462 .345 6.749.46 4.57l SOS
An interesting feature of the report
| was the steady increase In earnings dur,
ing the quarter. Although April figures
showed a decline from the March levels
as revealed in the first quarters report
May exceeded April by good margin
and June was more than $1.0o0.000
ahead of May and more than $3.000,o00
higher than April.
AS compiled from the two quarterly
statements the earnings of the corpo-
ration for the first half OF the year
amounted to s46.626.93o before charges
and $17.105,5s7 after all deductions.
This was equivalent to about 80 cents
share earned on the outstanding COM
mon stock
The following table gives compari-
son of the earnings for the six months
with the same period a year ago as
cimpiled from the quarterly statements
Six months Six months
1922. 1921.
Total earnings after
The New York herald., 1922-07-26
RESIGNS FROM CITY BANK.
j. III. Fulton Retires ms Senior
vice-Presidcnt.

The resignation OF John II. Fulton as
,senior vice-president OF the National
City Bank was accepted by the board
OF directors yesterday. Mr.. Fulton came
to tho National City in 1917 from the
Commercial National Bank OF Rev
orleans. and Immediately became ono OF
the most active officers Of the bank. He
was executive manager for year or
more preceding the election OF Chsries
70. Mitchell as president to succeed
James Stillman.
Mr.. Fulton represented the bank on
the committee formed two years ago 10
protect holders of Russian Government
bonds sold In this country. He has been
away from the citypfor some time and
nothing was learned yesterday about
his business plans.
The New York herald., 1922-07-26
DEMAND FROM u. S. PUTS
WELSH COAL PRICE UP
Shipments to America to Re-
lieve Mine Situation.

CARDIFF. wales, July 25.-The de-
rnand in the United States for coal Is
creating boom in the Welsh trade.
The price for the best admiralty coal
advanced to-day TO thirty shillings per
ton. The value OF coliery shares Is
advancing in consequence Of the situa-
tion.
Thirty-five thousand tons Of coal were
shipped from the Cardiff decks to-day.
This comprised the largest one day ship
ment since the war.
The American demand promises to re-
lieve the acute situation In the South
wales coal flelds
The New York herald., 1922-07-26
AUTHORIZED TO LEASE ROAD.

WASHINGTON. July 25.--The New
York Central Railroad was authorized
to-day by the Interstate Commerce Com
mission TO lease all the property of the
Toledo and Ohio Central Railway and It's
subsidiary corporations for an indefinite
period.
The New York Central has owned the
entire capital stock of the Toledo road
for many years and the object of the
lease. II was said, was to facilitate
operations Of the New York Central
system.
The New York herald., 1922-07-26
EXTRA DIVIDEND DECLARED.

The Madison Safe Deposit Company
declared yesterday an extra dividend of
per cent. in addition to the regular
semi-annual dividend Of per cent. Both
dividends are payable August 15 to
stockholders of record at the close of
business, August 10.
The New York herald., 1922-07-26

$5,OOOOOO
The OT1s STEEL COMPANY
Year 75% Sinking Fund Gold Bonds
Due August 70"
szs.-s. .~p~<ns sonoo
Sas august a
n.hdHan naanfs
"" payable &c e:
rHnm oNrRusc COMPANY
summarized his letter Of Ja1 ~ 7a
BUSINESS % ss ss i ss s ss s.6s q @ @ s % %
ss s%sS @ seese II ] % & s = 's' plant '''''
@ sss s @ % I % ss = s % IL s pr e = ;s:
as paas .ad nd saa % s#ssss%s ] @ % caas % s'''
FIRST sosse4es @ % = | % ] ~ ""
vU41sGs M @ 1s % s at ssss7 % &c s es = gs % s % = @
= ; - .:s.s - !: :.;sssss s$
NET = sss:: e &C. ] &C. Z s;;; C. G: :s::
1s:- s:es
= $ as:: -; s: ssss
s: = e.: ::ss: :: ss e.
ss4. % s ss55!o % ss ss =s % =s s s % %
ss :s T. e; = e.; {; ;5
ssss s ::s =.s g ssss 1 4 s ssss:
ss ] % sss ss ss s sss s iron and $4,000
S :::$ :: {: ] : &C.; :s:s
Price and yield 1855
BLAIR s. co. Inc THE UNION TRUST Co.
The New York herald., 1922-07-26

An advertisement IN the Lost and
Found cofwmns. Of THE NEW YORK
HERALD offers a real possibility Of
corc,in0 pour lost property.
The New York herald., 1922-07-26
TRADE BOARD FILES PROTEST.

The New York Board of Trade and
Transportation yesterday sent a. letter
to the Secretary Of the Treasury pro-
testing against the removal OF the United
States Appraisers Stores from the pres
ent location. Washington and Christie
pher streets. Manhattan. to Fffty-sey-
enth street. South Brooklyn.
The New York herald., 1922-07-26
CusTOMs RECEIPTs.

Receipts for duties at the Custom
House yesterday were $922,301.3s, of
which s2S2.s75.12 was for merchandise
withdrawn from bonded warehouses and
$sss. .42e.2e for recent irnportations.
The New York herald., 1922-07-26
DIVIDENDS.

Stock OF Pay
Record. able.
Brooklyn Edison Co., o.. 81 Aug. fS Sept. I
Cleveland Buffalo Transit
Co., S2. S2................... July 70 Aug.
Jefferson T. Clearfield Coal
Iron Co. s-a pf.. $3.50. Aug. Aug. fJ
a., "a. $50. ...,......... July a5 Aug. 10
n.So ....................Aus. 10 sept. !
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29
SCHEME WAS TO
DESTROY UNIONS
Senator Borah of Labor Commit
tee Claims Capital Planned
at End of War.
WHY WOOD WAS THE FAVORITE
Interests Encouraged Generals Aspira-
tons in View of Proposed Use
of Armed Forces to Crush
Labor, Official Asserts.

Washington, jury 27.-DeStructior
or union labor, deliberately planned by
capital upon the termination of the
World war. was declared by Senator
William f. Borah, chairman of the
senate labor committee, 70 be the
fundamental. underlying cause of the
existing coal and railroad situation.
Senator Borah recalled that he had
charged when he fought the last army
appropriations bill that the real dan
ger of a big military establishment"
was that capital hoped and expected
to employ it against union labor.
Recent developments certainly seem
TO justify the view | took of a large
army then, and which l still hold now"
BOrah declared. One reason certain
big interests supported and encOur-
aged the presidential aspirations of
Gen. Leonard Wood in 1920 was that
they were confident if he were elected
to the White House he would place a
battalion of soldiers at the doorway
Of union labor wherever and whenever
these interests deemed the use of
armed force necessary to crush union
labor"
To Crush Union Labor.
Borah said he was deeply concerned
about the incalculable hardships the
continued deadlock was bound 10 i'm
pose upon the great masses of the
people.
In its determination TO crush union
labor, capital started out as soon as
the World war was finished, to debate
wages, TO slash them irrespective of
whether they were reduced below the
level of the living wage or not"
BOrah continued And yet no della
ton of wages can be justified as long
as living conditions remain as they
are, and living conditions are certain
to continue as they are unless there is
reduction in living costs all along
the line. and there can he no reduction
in living costs unless there is a CORE
spending reduction in present eXtrav-
agant expenditures and taxation. The
evil of the Industrial situation con
fronting us is an economic one and its
only solution is economy from the top
down and the bottom up"
Government Control Sure.
Borah said he believed "nationaliza-
ton" or governmental control of the
coal industry was inevitable and that
this belief led him 10 introduce his
bill for the creation of a commission
TO delve into the coal situation for the
last ten years.
THE production of coal is just as
vital to the welfare of the people as
is transportation and it is imperative
that there should be government regu-
latiOn of the coal industry" Borah
said.
He hoped to have his committee act
promptly on his bill, and report II
favorably to the senate so it might be
passed at this session of congress.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29

Otto Rueter & Company have a
most beautiful and attractive subdi-
vision in their Beverley Hills prop
erty. There is no more beautiful spot
for a home on earth.
~e~
Colonel August w. Miller, whose
record as clerk of the Circuit Court
is praised by all, is often mentioned
for higher political honors.
%~
Charles E. Peace, the popular
Thompson Committeeman from the
Twenty-first ward is clean, able and
loyal in politics. That's what makes
him a winner.
%e~
Peter Bartzen is going to be elected
State Treasurer.
~e~
Judge Hickman Seaman would make
a good governor of Illinois.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29
TO SHUT OUT PUBLIC GAZE
RockefeIIer's Daughter Building Wall
Around Chicago Home.

Chicago, July PA brick wall 16
feet high will shield Mrs. Edith Rookie
Teller Mccormick from the public
gaze Bids for the construction Of a
wall around her Lake Forest estate
were ordered.
The former wife of Harold y. F.
Mccormick, harvester magnate, and
daughter of John D. Rockefeller. If
was said objected to the curious
stares of her neighbOrs. A real es.
tate concern recently erected a mum.
Der of small bungalows on property
adjoining Mrs McCOrmick's estate.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29

Carl Gallauer, who keeps the ia
nous Red Star Inn at 1928 North Clark
street, now owns the famous build
ing where he has been a tenant since
1899. He purchased it from the es-
tate of Margaretha Sem at an indicat-
ed $4,000 cash. The Red Star is ia
nous through Herr Gallauer's Ger
man cookery and has been the scene
of many merry parties by Chicago po-
litical and business leaders. 1t draws
trade, too, from Turner Hall, near by
L bought the building so that | could
continue the restaurant as long as
live without danger of a landlord
turning me out" said Herr Gallauer
The ground is 28x10O feet. Butt, Won
Ammon & Marx were attorneys in the
sale.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29
EAGLETS

If you want to get an idea of the
new beauties of this city send for
copy of the Chicago's Boosters public
ity bulletin which has been trans
formed into an attractive magazine
called Greater Chicago The cur
rent issue contains many interesting
facts about the city not generally
known
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29
CHICAGO CARMEN TO STRIKE
President of Union Sees No Chance to
Avert Tieup.

Chicago, July 27-Warning to Chi.
cagO To prepare for Il street car strike
next Tuesday morning was issued by
William Quinlan. president of the sur.
face lines employees union, Division
PAL.
Notice was given after Mr.. Quinlan
and the other two executives of Divi-
sion 241 had issued a call to the 1900
members of the union to attend
mass meeting Monday night The pur-
pose Of the meeting as outlined in the
call is for the employees to "hear and
act" on the report of the agreement
committee.
Tell the public to prepare" said
President Quinlan. II am giving them
plenty of time because I believe there
will not be a surface line car operat.
ng Tuesday morning"
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29

William Ganschow, the we'll known
manufacturer, delegate to the COnsti-
tutiOnal Convention and popular mem
Der of the West Park Commission, is
not treasurer of the West Park Board
as incorrectly published. He is one
of the most active workers for the
best interests of the parks.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29

The drivers of mail motor trucks
imagine that they own the boulevards
because their contractor boss works
for Uncle Sam. AS rule they pay
no attention to the rights of other
vehicles and cause many accidents.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29

Chi-Cook Fair will in fact suit us
much better"
Judge Wilson signed the agreed or
der which provides for the Chi-Cook
Fair at haywood, and Attorney Peck
agreed not to interfere with it fur
Their.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29
COST OF LIVING GOING UP
Federal Report Shows 1t 66.6 Per Cent
Hiqher Than in 1914

Higher Than in 1914.
Washington. July 27.-The cost OF
living in the United States has risen
666 per cent since 1914, according tc
figures made public by the Depart
ment of Labor.
In spite of this rise, however, prices
now are not at the peak, the figures
showed. as the cost of living in June
1922, was % per cent lower than il
was in June. 1920.
Food prices were higher in June
than in March, while clothing, fue,
and light and other staples were
slightly lower.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29
REILLY H0NORED BY FRANCE

Chicago General Gets Legion of Honor
Gross for GaIIantry.
Chicago, July 27.-Brigadier Gen
eral Henry J. Reilly, who was colone
of the 10th field artillery of the
Rainbow division, has been made E
commander of the Legion of Honor
by the French government, according
to word received here today from
Washington.
Comforting of such hOnOrs on Gen
eral Reilly means that he is decorated
for gallantry in action in the Cham
payne engagement.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1922-07-29

The hauling problem which is such
a bugbear to so many merchants and
manufacturers is easily solved in Chi
cago. The Highway & Equipment
Company at 179 West Washington
street haul and deliver with stand
ardized motor equipment. They are
noted for their prOmptness and firms
having contracts with them express
their satisfaction.