davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1922-02-01

NEW YORK, Feb. Gulf states
steel was the feature at the opening
Of the New York stock exchange to-
day. The first sale was at 75, up 2
- and 10 points above last weeks
low
There was still considerable pres
sure on the motors, with Studebaker
of 3-8 at 88. The rails were frac-
tiOnally higher with New Haven
touching the previous high on this
move at Is 3-8, up IA.
Early market was largely a spe-
cialty affair.
NEW YORK, Feb. Sugar firm;
raw $3.73; refined quiet. Granulated
$500.
Coffee No. Rio spot 8 1903; 10.
Santos II 1902 IA.
NEW YORK, Feb. demand
sterling $4.27 1-2; Francs .0830 10;
Lire .0460; Marks .0049.
Imperial Valley press., 1922-02-01
Late Sport Events
VERNON CLUB GETS
LEO DRESSEN
United rress ceased Wire

LOS ANGELES, Feb. First
.baseman Leo A. Dresser of the St.
Paul American association club was
turned over to the Vernon club today.
Terms of the deal were not made pub
lie, but manager Bill Essick of the
local club said it was a straight cash
sale.
Acquisition of Dresser means that
Ham" Hyatt, last years first sacker,
will be used as an outfielder, Essick
said. The Tiger manager will use
him as an alternate with Pete
Schneider in right field.
Dresser is regarded as one of the
fastest fielding first basemen in the
class A leagues. He has been with
St. Paul four years. When St. Paul
came here TO play Vernon'in the minor
league championship series, Dresser
was unable to make the trip and Hyatt
substituted for him. Last year he
batted .273 ard stole 40 bases. He Is
a left handed thrower and batter.
Imperial Valley press., 1922-02-01
NEWSPAPERS ENTER
COMBINE FOR
SERVICE
Enterprise Is Merely For Co
operative PurEose-ShGuld
Result in Economics
United Press Leased Wire

CHICAGO, Feb. 1.-Seventeen of
the largest newspapers IN the country,
having : circulation in excess Of four
million, announced today formation OF
the National Newspapers lncorpor-
ated for the sale and distribution Of
national advertising.
Colonel c. B. Blethen of the Seattle
Times is president Ct the organiza-
ton.
4. E. Braun Of the Pittsburg Post,
H. s. Scot of the Detroit News, Henry
Varian of the New York World and
S. E. Thomson Of the Chicago Trib-
une are executive commembers and
empowered 10 incorporate and select
the other offers.
This is the first time that large
newspapers of the country have CO.
operated in connection with the busi-
ness affairs Of a newspaper
Colonel Blethen is the father" Of
the plan.
The new organization is purely
along cooperative lines Colonel
Blethen told the United Press today.
1t opens up an advertising field
in way never known before. No
group of magazine or collection OF
periodicals can offer such circu-
lation as Will be offered by this
group"
The organization will open its main
office in New York and will have other
offices in Chicago and probably San
Francisco
Imperial Valley press., 1922-02-01
SKIDS ARE PUT UNDER
DEMPSEY BY
new YORK
Athletic Commission VIII Not
GiUe Consent to Fight
With Brennan
By HENRY L. FARRELL

United Press Staft fcSpo!lueHI
NEW YORK, Feb. New York
has virtually put Jack Dempsey out
of his business for some time at
least.
In putting q ban on the proposed
Dempsey Brennan contest, the state
athletic commission announced 1t
would not tolerate any bout between
the HEAVYWEIGHT champion and an op-
ponent whose record did not indicate
he had chance.
Looking over the records of the
heavyweights under the champion,
there aye few "cards" that will come
up to the specifications Of the COM
mission.
Harry Wills, the negro boxer, is
one, but the directors OF the game IN
New York haven't expressed them
selves about "miXed bouts and q
large doubt exists that Governor
Miller would permit it.
In placing the ban on the Demp-
sey-Brennan thing that Tex Rickard
was cooking up for St. Patrick's day,
the commission said it would be an
imposition on the public and ins:nu-
ated that it would be nothing but a
''money grab
1t was pointed out that Brennan's
only qualification was staying II
rounds with the champion in 1920 and
that since that time he had not been
allowed to fight any first class op-
ponents through the desire Of his
manager not to ruin him for another
bout with Dempsey.
The commission suggested that
Brennan could prove his right to an
other meeting with the king heavy
weight by meeting Tommy Gibbons,
Fred Fulton or Bob Roper. If he
"got over" any of this trio the COM
mission might allow him to be
thrown in the ring again with the
mauler.
Imperial Valley press., 1922-02-01
NORTHWEST STANDS FAST
United Press Leased Wire

PORTLAND. Feb. Educators Of
state-suDnorted universities and COL
leges of the northwest went on record
at their conference here todav against
professionalism in the schools. pledg-
ed themselves as supporters of clean
athletics at any cost, and moved in
a resolution to weed professionalism
from schools of higher education.
The move was occasioned by re-
ports Of professionalism discovered on
campuses of eastern colleges.
Represented at the conference we're
the Universities of Oregon, Washing
ton and Idaho, Oregon Agricultural
college and Washington State college
Imperial Valley press., 1922-02-01
FURNISHES AFFIDAVITS
United Press Leased Wire

PENDLETON Ore. Feb. 1-"Dick"
Hanley, former Washington state
college football player, exhibited af-
fidavits which he claims will clear
him of all connection with the alleged
professional activities on Purdue
University campus.
Hanley was charged in recent pub
lished reports with having been Coach
"Lone Star" Dietz's, "western repre-
sentative" in attracting western foot
ball players to Purdue through offer
ing them scholarships.
Imperial Valley press., 1922-02-01
OWNS NO STOCK In
BALL CLUB
United Press Leased Wire

PORTLAND, Feb. Nv. J. Ken
worthy, the ''iron duke" of Seattle
balloon. in a telegram to the Port
land club today denied story printed
in a San Francisco newspaper, credit
ed 10 Walter McCredie. former Port
land club manager, to the effect that
kenworthv owned stock in the Port
land baseball club.
Kenworthy denied that Re had ever
purchased stock or had ever made
loans to any one interested in the
Portland club.
Imperial Valley press., 1922-02-01
Today's Market Report

State Division Of Markets Summary
SAN FRANCISCO, FEB. 1.-Apple
dealers today manifested a firmer
feeling, due mainly 10 increased de-
mand from the United Kingdom and
to the steady reduction of cold storage
holdings.
Though tomato supplies are heavy
and not moving well, TWO additional
cars arrived today.
Oranges and lemons continued firm
and unsettled.
Broilers and fryers were firmer ard
small broilers We're selling from 33 TO
40 cents. 1t was reported that agents
at rural points are paying 35 cents for
small broilers.
Supplies liberal: Apples, grapefruit
oranges bananas, lemons, avacados,
potatoes, pears, sweets, lettuce, spin
ach.
Supplies hght: Pineapples, cauli-
flower, good eggplant, good celery
mushrooms
ron AN''S COTTON MARK U'r
Imperial Valley press., 1922-02-01

Continued on Page Seven)
Imperial Valley press., 1922-02-01
PLAYERS INELIGIBLE

URBANA, IT, Fen. 1-Nine prom
inent Illinois football PLAYERS have
been declared ineligible for further
athletic activities because they parti-
cipated in the Taylorville-C Carlinville
football game November y.
The men will be permitted to re-
main at the school, but never again
represent Illinois in athletics.
Imperial Valley press., 1922-02-01
FINANCIAL
Wall Street Financial Esview

v al SITtSI I lHafCIdI I<NItW
NEW YORK, Feb. 1.-Opening
prices included American Sugar
s.; Crucible so, off II; Texas Com
pany AZ; Mexican Petroleum Ill ga,
up l-2; Gulf States 70, up 2 1-2; Stu
debaker 8e, off 3-8; Famous Players
II, of Is; Consolidated Gas 90 l-2;
American Telephone IL 1-8; New
Haven IS 3-8, up "A; L. s. Steel 85
Is, up Is.
The New York herald., 1922-06-09
CITY REFUSES GIFT
OF ROCKAWAY TO us.
Craig Will Help Navy Off
cials to Get Suitable Avia-
ton Site.

The request of Secretary DENLY of
the Navy Department for the cession by
the city of ninety-four acres of Jacob
Riis Park at Rockaway. now occupied
as naval air station, was rejected by
the Sinking Fund Commission after a
public hearing yesterday.
Comptroller Craig was named as a
committee Of one to take up with Capt
G. 7. Vogelgesang, commandant of the
Third Naval District. the problem of
providing the navy with land needed
for the defense of New York city with
out depriving the city OF much needed
park land Three possibilities will be
considered. it Is understood: First. per-
suading the War Department to part
with some of the Fort Tilden land just
east or Riis Park; second. getting the
State, 20 give up some of the 500 acres
it holds on the Rockaway Peninsula, to
part of which land the city lays claim (;
third, to have the Federal Government
pay the city for the. part of Riis Park
1t now occupies, so the city might use
the money for the purchase of other
park land in the vicinity.
The last named proposition proved
unpopular WntIl ADVANCED at the near
ing. However. the naval officials are
most set in their idea that the Riis
property is peculiarly fitted for the pur-
poses OF naval station. The station
is used not only for seaplanes, but also
as base for small coast defense YES
sells. Naval officers say air currents
and water channels at this point are
just suited to the work.
Although Capt. Vogelgesang and
Rear Admiral John II. Glennon, re-
tired. were at the hearing, they rested
their case on the plea made by Secre-
tary DENLY in his communication to
the Board OF Estimate. The principal
arguments against permitting the per-
manent occupancy of the park by the
navy were made on behalf of the Play.
grounds Association, the Public Schools
Athletic League and the Brooklyn
Chamber of Commerce.
1t was charged the real reason the
navy was so anxious to keep the sta
tion in the PARK was because Congress
would be unwilling to appropriate an
other million dollars and more to dupli-
cate the station on another site.
Gen. George w. Wingate, head OF
the Public Schools Athletic League,
said: my experience has shown me you
can't get back anything you give the
Government unless you give an unrea-
sonable price for 1t. There is no more
reason why the city should supply a
field to the Government than it should
provide an aviation corps"
Il represent the great unwashed.' -
declared Frederic w. Hinrichs OF
Brooklyn. II have letter from Theo-
dore Roosevelt. Assistant Secretary OF
the Navy. the gist of which Is that the
park makes an ideal aviation base. My
renIy 70 that Ia n n1akes an ideal mark o
The New York herald., 1922-06-09
STOCK EXCHANGE
EXPELS CARPENDER
Carpenter, Caffry & Company
Named in Dier Case, De-
clared Reckless.

An echo OF the bankruptcy OF E. ID.
Dier & Co. was heard In the hnanciai
district yesterday when the New York
Stock Exchange expelled from its MEM
bership Noel l.. Carpenter OF Carpenter
Carry & Co.. which was put In the
hands Of receiver on May 0.
At the time the Carpenter Arm was
adiudged bankrupt. Mr.. Carpenter was
suspended automatically from the ex-
change for inability to meet obligations.
Yesterdays action in expelling him from
the exchange. however. was taken on
charges by the governing committee OF
the exchange.
The announcement to members OF the
exchange, read by Seymour L. Cromwell
president, was:
"At a meeting of the governing COM
mittee Yesterday said committee deter
mined that the failure OF Carpenter
Caffry & Co., on May 29, 1922, OF whicn
firm Noel l.. Carpenter was MEMBER
was caused by reckless and unbusiness-
like dealing, and the said Noel l. Car
pender was expelled under Section D.
Article 16. of the constitution; also the
governing committee directed the COM
mittee on admissions to dispose OF the
membership of Noel L. Carpenter forth
with.
"The reckless and unbusinesslike deal
ing under which the charge was brought
and as a result of which this action OF
the governing committee has been taken
consists In the fact that Carpenter,
Caffry & Co. continued to do business
and take new accounts after they knew
that the firm was insolvent.
Carpenter is son of a former gov
ernor of the New York Stock Exchange.
Carpender, Caffry G Co. were admitted
TO the exchange on February 10. 1913.
The other members Of the firm were
Charles w. Caffrey and E. Waring Wli-
son. This Is one Of the firms mentioned
several times at hearings in the r. d.
Dier bankruptcy proceedings as having
had dealings with the der firm.
The three New York Stock Exchange
members of w. w. Cohen Co.
have sold their memberships, accord
ing to announcement by the committee
on admissions. They were w. w.
Cohen, George A. Hurty and Max
Siegel. The Cohen seat was sold to
c.. Hyland Jones and that of Hurry to
Rodney w. Williams. each for $9S.oO0
Siegers membership was purchased by
Oren f. Browning for $4,000
Slegel was formerly page Doy Va
the exchange and worked up to mem
bership in the exchange, to which he
was elected in January. 1918. Hurry
had been a member since December
1908, and Cohen since July 8. 1903. Il
was considered an unusual circum-
stance that all three members Of the
firm should dispose of their seats al
the same time.
1t was said at the Cohen offices that
there was no statement to make or ex-
planation to give other than that the
the firm will continue In business. II
retains its membership in, the New
York Cotton exchange. the New York
Curb Market Association and in the
Chicago Board of Trade.
a fourth seat transferred by the ex-
change was that of Harold Tobey to
John ]. Moylan. partnership trans
fer.
The New York herald., 1922-06-09

be not made "the subject of bartering,''
and said:
IF this defendant Is guilty the crime
Is a most heinous one, and the punish
ment provided for by statute Is wholly
adequate. In fact. it certainly Is made
quate as to corporation of this size.
and particularly In view of the profits
which have been made in the transac-
tions involved. Either the full fine should
be imposed or the sentence should be
entirely suspended"
When Mr.. Massey asked for a stay of
payment the prosecutor remarked that
the $4,000 pending appeal would be
"just as good In the hands of the people
or their representatives as in the pos
session of the defendants"
Mr.. Massey said the American Cotton
Exchange had lost in business as a re-
suit of the indictment between 800. 900
and $150.000. According to other state
ments of Mr.. Massey. the exchange has
assets of more than $150.000 in excess
of two mortgages on its building at 81
Broad street.
The first action by a customer against
members or former members of the
American exchange was started when
Sol Schwartz filed suit for accounting
in the Supreme Court against Walter F..
Ormsbee and Samuel Landecker as MEM
bers of the brokerage of Ormsbee &
Landecker, for more than a year mem-
bers of the American exchange. Schwartz
asked for the difference between $4,000
he alleges he paid to the firm in mar
gins and s2,740 which he says he with
drew at various times in 1920 and 1921.
Between February 1. 1920. and De-
cember 81. 1921. Schwartz charged the
firm represented to him that they made
purchases and sales in execution OF or
ders and that at the end Of last year
they held $1.341.S2 to his credit.
Mr.. Landecker testified against the
exchange in the recent trial.
The New York herald., 1922-06-09
AMERICAN EXCHANGE
FINED $5,O0OLIMI7
Justice Marcus Refuses to
Stay Penalty for Cotton
Bucketing.
APPEAL BEING RUSHED
G.. w. Pratt Indictment Up
held and Jury Minutes
in His Case Sealed.
BOARD LOSING 100000
Former Customer Sues Broker
Who Testified for
Prosecution.
BOARD LOSING 100000

The American Cotton Exchange, con-
Wcted on Tuesday of permitting its
members to bucket" was fined $4,000
yesterday by Justice Marcus in Su-
preme Court. 1t was the maximum
sentence.
Justice Marcus denied motions for
stay Of payment of the fine and for
Q, certificate of reasonable doubt. He
also refused to dismiss the Indictment
against George w. Pratt. secretary of
the exchange, who is accused, with
four other directors, in connection with
bucketing on the American Exchange.
Permission to inspect the minutes of
the Grand Jury which handed up the
indictment March 81 was denied to
Pratt, but he was permitted to renew
his application before another Justice.
In pronouncing sentence on the ex.
change Justice Marcus said:
THE amount of the fine which the
court may impose Is insignificant. only
hope that all other inhtitution3 engaged
in trade in securities in this country and
State will realize that the people OF the
State Of New York do not permit trans
actions of the sort that were complained
of here The sentence OF the court Is
that the defendant pay fine OF $4,000"
The case will be appealed Immediately.
said Albert Massey for the exchange
lats night. Eight separate printing firms
were put to work preparing the papers.
These will be ready early next week.
The record of the case will be a volume
OF some 1000 pages.
Meanwhile the following message from
District attorney Banton was received
by Hugo Wintner. who prosecuted the
American exchange:
Il congratulate you on the great VIC
tory which you have won not only for
the people of New York. but for the
people in the South"
Mr.. Banton Is returning to-day from
the commencement of his alma mater,
Transylvania College, at Lexington.
In court after sentence on the Ameri-
can Exchange was imposed Mr.. Massey
said
This is the first conviction for an Of
Tense of this sort. 1t is our purpose to
start printing the papers on appeal as
soon as we can leave the courtroom.
We would like stay pending the ap-
peal, so that 1t may appear definitely
that this case has not yet been finally
determined. We hope to have the appeal
argued by the last Friday of this
month"
Mr.. wintner urged that the sentence
The New York herald., 1922-06-09
TWO JUDGES ASSAIL
LAX PAROLE BOARD
Rosalsky and Talley Find
Much of Crime Due to
Limiting of Terms.

Blame for much Of the crime in New
York city was laid at the door of the
State Parole Board by Judge RosalsSy
and Judge Tallep in General Sessions in
the sentencing two prisoners yesterday.
In answer to this criticism DR.. Elmer
Z. Larkin of Plattsburg, member of the
Parole Board. pointed to the 1921 report
OF the commission. showing that 92 per
cent. of the prisoners released in that
year made good"
Judge Rosalsky's ire was raised by
the fact that Joseph Lupo of 63 Bayard
street. whom he sentenced in 1919 to
years for holdup. with the recon-
mendation that he work out the full SEN
tence. was released after the minimum
term of three years and six months.
Judge Rosalsky had the man arrested
on an old indictment. and gave him
five years more in Sing Sing. Lupo
was said to have long crime record.
The Judge said
II do this as a rebuke to the Parole
Board. This prisoner is not deserving
of the slightest consideration. The
Parole Board overlooked my recon-
mendation. as 1t has done in other in
stances.
''The people ought to know that the
Parole Board is responsible for the
release of confirmed criminals. AS fast
as the judges send them UP the board
turns them loose
In suspending sentence on three young
men who were guilty of misdemeanor
Judge Talley said:
II suppose I ought to send you to the
penitentiary, but the Parole Board
would probably turn you loose before
the adjournment Of court this after
noon"
Dr. Larkln remarked that the source
of the authority by which men were
sent to prison and by which they were
released from prison was the same
the law In each case. He refused to
find any fault with the judges for
their remarks, but was stanch I'm de-
fense of the parole system. He said
the board was at all times cognizant
of what was best for the Individual
and the community and acted as it saw
fit with this always in view.
DIR. Larkin pointed out that the Parole
Board had to contend with the uncer-
| tainty of human nature in judgins
whether a crook had reformed Will,
in Jail.
The New York herald., 1922-06-09
DEMOCRATS CONTROL
MANILA CITY COUNCIL
Party Makes Legislative Gains
in First City Victory.

MANILA, P. l.. June 7 (Associated
Press) The Democratic party won a
sweeping victory in the city of Manila
IN yesterdays general election. carry
ing its entire ticket. This included one
member of the Senate of the Philippine
Legislature. two members of the Lower
Houses Of that body and the entire City
Council. This is the first victory here
for this party since the Legislature was
established.
The principal contest in the general
election in the Philippines centred In
control Of the next Legislature, although
Governors and other officials of all but
four of the forty-nine provinces were
chosen.
Since the establishment of the House
Of Representatives in 1907 the Nacion-
alista party has controlled that body by
a large majority. That party also mas
controlled the Senate since the Upper
House came into being six years ago.
A general election is held every three
years.
The New York herald., 1922-06-09
MERCHANTS ELECT
PIERSON PRESIDENT
Banker Succeeds William Eel
loves Morgan, Who Re-
fuses Eighth Term.

Lewis E. Pierson, first vice-president
of the Merchants Association and chair
man of the board of directors of the
Irving National Bank. was elected pres
ident of the association yesterday by the
board Of directors TO succeed William
Fellowes Morgan. who refused reelection
upon completion Of his seventh term.
James Gilbert White. second vice.
president, was elected first vice-presi-
dent and William HamIin Childs be-
came second vice-president. Lincoln
Cromwell Of the cotton commission
house of William Iselin & Co. was
elected third vice-president of the asso-
citation. John II. Love of Graupner.
Love & Lemprecht was reelected treas
urer and S. c. Mead secretary.
Mr.. Pierson was born on March IL.
1870. at Metuchen. n. j. He en-
tered the employ OF the Hanover Ma
tional Bank in 1885 as a messenger and
remained with it until October, 1898,
when he was appointed cashier Of the
New York National Exchange Bank.
which had just been reorganized. He
became vice-president a year or two
later and on January IL, 1904. he was
elected its president He was then
33 years old.
The Irving National Bank was
merged with the New York National
Exchange Bank in 1906, the new insti-
tuition taking the name Of the Irving
National Exchange Bank. Mr.. Pierson
retained the office of president until he
resigned to be come president of Austin,
Nichols & Co.. which firm he left later
to resume the presidency of the bank.
Mr.. Persons official activities In the
Merchants Association began in 1912. He
also has been prominent In the Chamber
of Commerce of the United States and
has served as president of the New York
State Bankers Association and OF the
American Bankers Association.
The New York herald., 1922-06-09
How to Golf on Sunday
When in Massachusetts,

n OSTON, June S.-Two golfers
who appeared in the East
Boston Court to-day charged
with violating the Sunday sport
law in Winthrop were discharged
after they had testified that no
scores were kept. The defendants
were Vernon Browne and William
w. Partridge. Browne testified,
that he had never played golf be-
fore. and lost his count. Partridge
said he didn't keep tally.
Judge Barnes rendered his deci-
sion of not guilty after consulting a
dictionary. which, he said. defined
game as "a contest according to
set rules in which scores are kept"
After the Judge had made his
finding Chief of Police Mcneil of
Winthrop declared the finding
would make it impossible to enforce
the Sunday sports law.
The New York herald., 1922-06-09
Welcoming Strangers
New Task of Hotel Men

TT o welcome the stranger in
the city and to counteract
the opinion that may be held
by some that New York is a cold
and callous place, a committee was
formed yesterday by the Hotel AS
sociation Of New York at a meet
ing at 334 Fifth avenue.
DR.. Royal S. Copeland. Commis-
sioner Of Health, cited. as evidence
that such an organization was
needed. the fact that he frequently
gets letters from out of town
mothers asking him "if it is safe to
bring their babies here"