davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-06-11
German Clocks to
England Gains as
u. S. Exports Fall
Low Prices Preclude Com.
petition by OOur Prod
uct Despite Better Relia-
bility and Workmanship

The extent 20 which clocks have been
imported into Great Britain from Ger
many during the first four months OF
the present year has been remarkable.
Out Of an aggregate number OF 1885,
1872 complete clocks from all countries,
no less than i.li5,6i4 came from Ger
many, or considerably more than 4o0.-
600 above the number received during
the same period in 1913. while for the
same four months Of 1920 the imports
Of complete clocks were 600713, and
6sl. .Ss2 in 1921, according 20 adyiees
received by the Department Of Com
merce.
In the first four months Of 1913 i'm
ports Of clocks from the United States
totaled 93,374, and Isl ,59s In the same
period Of 1920. but they fell 20 40ll5
in the 1921 period, and have declined
20 the small figure OF II, ,566 during
the first four months OF 1922.
Import figures for clocks from
France show a great decrease, stats
ties for the first four months cf each
year. showing eo3s for 1929. as
against 1000 in 1921 and i0.i07 N
1920. while the number FOR the same
period in 1918 was 23.476. Imports
from "all other countries" FOR the four
months period show little decrease IN
1922 as compared with 1921. the num-
bers being 81 i,5i4 and 6f.054, respec-
lively. Beth years show an increase
over the 1918 figure Of sl,673. The
corresponding imports ior the 1920
period (ii7.2i4 clocks approached the
combined imports q 1921 and 1922.
Large Price Decrease
Examination OF import values dis
closes the fact that despite an ad-
vance OF 60 per cent IN number Of
German clocks imported during the
frst four moaths Of 1922, contrasted
with the like period w the preceding
year. the aggregate value OF the in
creased total was less than that Of
the smaller. In the first four months
Of 1921 the average import price for
German clocks was nearly SIS. ID. but
in the 1922 period IL fell % a little
less than IS Cd per unit-a price
practically identical with the pre-war
value. In 1918 the average import
price OF American clocks was IS, Cd
each, but in the current year they are
about ils-a rate which obviously can
not compete with the German article,
despite better reliability and work
manship.
Importation Of Watches
The aggregate number OF complete
watches imported in the first four
months Of l22 (7i,553) was slightly
higher than the number a year ago
709. $40. The only group showing d.
crease in number imported was the
class having cases Of metal other than
gold OF silver, both the gold and sill
yer watches having shown inercases.
Compared with 100. gold and silver
watches recorded heavy decreases but
as against 1918 gold watches did not
show so extensive fall IN the cur
rent year as did silver watches, while
watches with cases Of other metals
have exhibited q continuous decrease
since 1913.
New-York tribune., 1922-06-11

prosperity through expanding business.
At this stage hardening money rates
and the extent Of the previous rise IN
stock prices may entirely mislead the
timid investor into selling securities
prematurely.
Az long as tho credit supply stays
above the middle. the normal level OF
the credit reservoir, tho stock market
sponge continues 20 expand. But both
,he stock market and business arc
steadily absorbing funds, 50 that event
ualiv the credit supply falls below the
middle. or normal, level Of tho reser-
voir That is shown By the pieto-
rranh OF
New-York tribune., 1922-06-11
Colombia Slowly
Recovering From
Depression Stage
Outlook Now Reassuring;
Merchants Settling Old
Debts and Paving Way
for Future Purchases

Colombia is slowly recovering from
two years Of business depression and
the outlook is reassuring, according TO
Consul Maurice l.. Stafford at Barrsn-
quilla. Although merchants, particu-
larly on the coast. are still stocked with
goods bought at high figures, old obli-
cations are gradually being settled and
the way paved for future purchases and
sales at new price levels. American
exporters are experiencing difficulties,
usual at such times, in arranging pay
mentst off accounts, and discounts Of
as much as so per cent have been
granted in some instances.
Certain Colombian firms have taken
advantage Of these conditions TO escape
just debts, but reliable houses ar CO.
operating with the exporters and set
Ting on bases which will permit them
to continue in business. Companies in
the United States rave found II advis-
able, when dealing with the better class
Of customers, to be lenient with those
who were caught with large stocks on
hand when prices fell. Resorting to
court procedure or collecting through
lawyers has been unsatisfactory.
Encouraging Factors
Coffee prices are holding up we'll.
The cattle market is depressed. but
should become better when prices in
the United States rise. When pending
loans for local improvements are OBJ
tained. the effect on general business
will be beneficial. The recent reor-
ganization Of the Barranquilla custom
house is expected 20 expedite the entry
Of goods and stop losses there.
The American Consular Agent in
Medellin reports an increase in i'm
ports. especially in cotton goods from
England and steel and iron products
from the United Stats lie states that
local banks are resuming activity with
due caution and reports the opening
in Medellin Of G branch Of the Lon
don and River Plate Bank, Industrial
shares are steadily improving in tone
and some new enterprises. which had
boon abandoned during the crisis, are
again being taken up on a smaller
scale. The outlook in Medellin on the
whole is promising. The Megdalena
River IS in good condition and new
boats are being placed in the service.
The Pacific Railway. which will con-
meet the port OF Buenaventura. on the
Pacific, with the rich Cauca Valley, has
been offered, according 10 press re-
ports, a loan OF between 100000 20
f750,000 by London interests for COM
pletion Of its system. The loan would
be guaranteed by 25 per cent Of the
Pacific customs receipts. II this loan
should be accepted. II is understood
that all materials would be purchased
in England.
New-York tribune., 1922-06-11
Period 2

This phase OF the cycle was witnessed
In recent years IN September, iso4; Decem-
Der. 1905. september, 1915. July, 1913, and
Juno. i922.l
Stock market conditions at this stage
are. under the theory. still bullish.
Business is still depressed, but some Of
the key industries which lie at the base
Of all business are picking up rapidly.
The stock market is anticipating fur
ther prosperity. The credit supply is
refuced. but that is a healthy sign at
this stage. II means that more credit
is being employed in the creation Of
New-York tribune., 1922-06-11

THE recent testimony the Lockwood housing committee sam
mol tneer rs counsel obtained from Of the MdYae
Inland steel merger interesting information not previously
disclosed in the eage Of the organizers MOI th S'
the fact that Thomas Chaooourne VINO
% instrumental bringing companies together will receive Tor
rendered shares at $40 share while huh o
Co. tho bankers for the pan will have the right subscribe at the
New-York tribune., 1922-06-11
Period I

This condition mas been witnessed. dur
ing recent years. az tho following times:
March. 1905. March. 1908. January, 1915;
May. 1919. and June. 1921
vessel at the left represents the credit
reservoir-that is, the banks Of the
country plus, since the fall Of 1914,
the rediscounting facilities Of the Fed
cral Reserve banks). This reservoir IS
full because the credits previously alb
forbed by the stock market and bust
ness have been squeezed out by liquda-
New-York tribune., 1922-06-11
Sets Forth Theory Of Credit Supply
As q Precursor OF Stock Movements

stage Of the cycle. while business has
expanded until it's demands for ersdit
have drained the credit reservoir. Inc
imitation has gone rs far as II can ana
the banking situation is so strained
that pressure on business Il imperative.
Consequently IL becomes necessary
10 squeeze the business sponge whien
means that we have reached
New-York tribune., 1922-06-11

,itOr, Standard Daily Trade Service

since statistical began be kept has been seeking
~ the perfect barometer business and the stock maket-parcu
- lary the latter quest end perfection being thine
sought but hardly 10 be attained IN TINS "oru
-; dor Still is fact that many intensely interesting and
valuable contributions made to what may term the deV
ing science Of forasng The subject is rate fascinating not
70 investor and the peculator the business executive SO
NAV well be that one of the by this organization will
interest the readers Of the Trbunes section
New-York tribune., 1922-06-11
Statistical Organization Presents Theory
0s Prosperity as Reflex OF
Available Funds

In the ubre6 article able TO Pr" an eFpo''oH o one o. u"
, - -, ,o,, sbsntni reszG stock market cycles Though
"a ,a,, uyor the validity theory The Tribune glad 70
-, r,or - M yy Interesting the Increment to frd
,oyr,,a for forecirg security ra-Finoncinl EditoTJ
New-York tribune., 1922-06-11

Germany has been prosecuting a COM
paratively active export trade. Ship
ments abroad numbered 1884 pussen-
ger cars and motor trucks in 1920 and
$50 in the last eight months Of 1921,
while imports totaled only 3S7 in 1920
and 36i in the 1921 period. principally
from Austria.
The cause OF this surprisingly snail
importation fand, Incidentally, the al
most total exclusion OF American pred
uets) is the high tariff wall built
around German production. Further
more. the existence OF rigid foreign
trade control, polieed in his instance
b7 the Aussenhandelsstelle FUR die
Fahrzeug Industrie. Berlin-a body
composed in part OF manufacturers and
constituting a semi governmental
agency with discretionary powers 70 re-
fuse import permits-makes for exclu-
sion Of foreign goods calculated 70
compete with the home industry.
In view % the limited foreigner
change buying power Of the average
German today, in addition 10 the PIES
ent system OF control. il is decidedly
doubtful whether other countries can
sell cars in German markets in numbers
worth considering.
New-York tribune., 1922-06-11
Merger Strengthens Steel
Companies for Competition

MidvaIe, Republic and Inland Will Bring Variety
Of Facilities to North American Corporation; {;
Increased Economy and Stronger Management
Expected TO Result
New-York tribune., 1922-06-11

The industry also enjoys a fair export
market, 3,45i having been shipped
abroad in 1920 and 1923 in the last
eight months of 1921 (no figures are
available for January 70 May). Ger
many's importation Of motorcycles
amounted to fifty in 1920 and TO thirty
five in the last eight months Of 1921.
The leading countries Of destination
were the Netherlands, Denmark, Switz-
crlond and Sweden.
Prices Of German passenger cars
and motor trucks have risen in such
measure during postwar years that
the trade has adopted a catch phrase,
"the automobile business is a business
in the rate Of exchange" Prices are
set by the Verein Deutscher Automo-
bilfabriksnten Association of German
Automobile Manufacturers). in Berlin.
the latest price having been adopted in
March. Factory prices have risen
through six changes from June, 1921.
10 March, 1922, as follows: For six
horsepower touring car chassis. with
out tires. from 1880 marks TO l75,000
marks: for a ten-horsepower chassis,
from 10000 marks 10 100000 marks;
for n sixteen-horsepowe chassis. from
$4,000 marks 10 100000 marks. In nd
dition, the average price for a touring
car body (de luxe is 100000 marks,
and for a full set Of six Continental
tires, about $4,000 10 10000 marks.
In an effort 10 minimize competition,
leading manufacturers in convention
have fixed the prices Of trucks. with the
following results: 2-ton trucks have
risen from l02, 900 marks in August,
1921. TO $4,000 marks in March, 1922;
3-ton trucks from 10000 marks 90
100000 marks during the same period;
and Atom trucks from $4,000 marks
tn Am O00 marks
New-York tribune., 1922-06-11
Period ,

As will be seen, the stock market
has been largely liquidated at this
New-York tribune., 1922-06-11
Motorcycle Trade Growing

The growth % the motorcycle in
dustry reflects an increasing popu-
larity Of motorcycle sport in Germany.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
Home-Seekers Should Footu Classifcatons SO and 81

Of improved grsveled roads by the
townships By Taxation
A description 81 the highway proposed
20 be improved is as follows
Beg ming 81 the point where the high
way running east and west along the
south line OF section 80. twp. 81 North
Range East, intersects with the high
way running north and south along the
cas- line of said section No 81 which
highway is known as the Bremen -Mish
awaka Road. being the southeast corner
or section No. 80 Aforesaid running
hence east along the south section line
Of sections No 30 aud No. 80 twp. -
North. Range East. 20 the ives line u
said section No. % a. which point said
road intersects the road running north
and south along he west line Of said
sec on No. 3 known as the "Denslow
Road distance Of approximately two
81 miles.
The Auditor q said County by his en-
dOTsement thereon, has designated the
2lst day Of August. 1922. Of the August
term. 1922. or said Commissioners Court.
a. the day when the same will be pre-
sented for hearing before said Board
Of Commissioner
In witness whereof. I. Clarence Sedg
wick. Auditor 81 ST. Joseph County, IN
{ The state Of Indiana have signed my
name hereto end stf Isd the seal OF said
/ office this 18th day or July. 1922
Andrew Beutter and others, petition
ers
CLARENCE sEDGwICK.
seal Auditor.
| John W SCHNEIDER
Attorney for Petitioners.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
NONRESIDENT NOTICE.

State OF Indiana.
st Joseph County, SIS.
In the ST. Joseph Superior Court No. .
MAY Term. 1922.
Myrtle Hackley Us. Ira Hackley. Di-
vorce No 1884.
Be IL known that the abeve- named
Plaintiff has filed in the office OF the
Clerk Of said Court her complaint against
said Defendant in the above cause to-
gether with a proper affidavit hat said
Defendant. Ira Hackley. il not resi-
dent Of the State OF Indiana.
Said Defendant Is hereby notified that
said cause will stand for trial on the
26th day Of September. 1922. the same be
ing The 2nd day Of the next term Of said
Court TO commence at the City OF South
Bend, on the Attn Monday in September
next. on which day said Defendant is re-
quired to appear 10 said action
WILBUR VI. WARNER.
(SeaD Clerk
By MARGARET COWGILL.
Deputy.
J. W Thomas,
Attorney for Plaintiff
July -. -. Aug. 8
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
NOTICE OF PETITION FOR M
PROVED ROAD IN PENN TOWN
SHIP, ST. JOSEPH COUNTY. IND.

Notice is hereby given that a petition
signed by fifty (5O) or more freehOlders
and voters Of Penn Township. In St
the Board OF Commissioners OF said
county, and praying that certain pub
lie highway within said township 81
miles or less in length. be improved by
hayins the same graded, drained and
paved with gravel. stone. brick con
crete. bitumen or other road paving
material as this honorable Board Of
Commissioners may upon investigation,
deem - be Of the greatest public utility.
was fled in the office Of the Auditor of
said county on the 18th day Of July.
1922
Said petition is for the Improvement
Of a certain highway in said township
or Penn under the Act Of the General As
bly, Of the State Of Indiana. entitled
An Act Concerning Highways" ap-
proved March :. 1905. end Amendments
thereto, providing for the construction
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
NONRESIDENT NOTICE.

state u Indiana.
County Of st. Joseph. S.
In the ST. Joseph Superior Court No.
.. In Vacation. May Term, 1922
Elmer T. Renolds rs. Mamie II.
Renolds. Divorce. No. 114g
Be u known. that the above named
Plaintiff has fled in the office Of the
Clerk OF said Court his complaint
against said Defendant in the above
cause together with a proper affidavit
that said Defendant. Mamie II Renolds
is not resident II the State Of Indi-
ana.
Said Defendant is hereby notified that
said cause will stand for trial on the
26ih day Of September. 1922. the same
being the 2nd day Of the next term OF
said Court 10 commence At the City Of
south BEND. on the 4th Monday in Sep
tember. 1922 on which day said Defend
ant is required 70 appear 10 said action
WILBUR NJ WARNER
Clerk.
BY Bernard L. Hoerstman.
Deputy.
II A Richwine
Attorney for Plaintiff
July %. Aug s 10
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
BERRIEN SPRINGS

Mr.. and Mrs. Harold S-orick. or
Detroit have been visitors Al Che
home of the formers grandparents
Mr. and Mrs GeOrre p. Sarler.
Ma5or Murdoch Circle held its
regular meeting Thursday after
noon. and two candidates were talk
en- into the order The department
president Mrs Fannie WooTett. OF
Detroit was present as were Mes.
Hannah Aber. Mrs Eliza Johnson.
Mrs. William Walker. Mrs. Dell
Birdsey. of ST. Joseph and Mrs
John Stemm. Of Benton Harbor.
After the business session. refresh
ments were enjoyed.
The second annual picnic OF the
Berr.en County Farm Bureau viii
be held here Thursday Aug. 3.
pat Kelley. a candidate for T.. $.
senator will be present 10 greet his
old friends. The sports program
begins at TO o'clock and the big
picnic dinner VIII be another fea-
ture Several thousand visitors are
expected.
Dorothy Names and Bertha
Sparks left Tuesday for two
weeks outing az Camp Warren
Doris McNally has returned af-
ter visit with Isabella osgood az
Chicago.
Local members Of the B. p. o.. r.
gave 80 children OF the Childrens
Home in St. Joseph a days outing
Mt the grove. The children We're
brought down I'm automobiles and
We're royalty entertained at the
grove
Dorothy NcCombs. OF south
Bend. is a visitor at the home of
her aunt Mrs. IT IT. T.ohr.
DR. A. J. Mclaughlin. of Wash
inrton. u. g.. came wednesday for
"a few DAYS visit. The doctor who
is in government hospital work. ex-
poets a transfer soon. either TO De-
troit or Chicago.
Miss Lorraine Slower. daughter of
Mr. and Mrs. Alden Stoyer of
Berrien Springs. and Thomas O..
AckIev of Los Angeles. Calf. were
married I'm that ci+v Turr ~ The
bride has been i'm Los Angeles for
sometime and has been living at
tho homo Of Mrs ceorro Kapbar+
The groom is business man OF
that city.
n1e.,sar+ .elr,,for Of "a number
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
Personals HoN Nodrbu Towns

and Air Southworth has taken her
and the-chLdren 10 LIS Vegas n. a..
to see II she viii he better able o.
stand the climate there
Mrs. William Sibert ~ Fort Wayne
has gone 20 Hamlet 90 visit Air. Sc
bcrt's parents. after having spent a
few days with her own parents SIR.
and Peter Jeffirs. Of North Center
ST.
Many of the members OF the No-
zart club. and others are piauniu-
90 go 90 Winona next Thursday cNe-
ming o. hear "EI5ah -ive- under
the auspices Of Prof. owen VINO has
been The director or the Plymou. b
Mozart club for many years.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
THREE OAKS

DR. and Mrs. Helkie and DIR. ana
Mrs Need have returned from "a
trip through the east made by auto.
Mr. and Mrs. Joseph Lee with AIR
and AIRS. ole Kew rd OF South Bend
are taking an auto trip 90 Niagara
Falls. and viii visit relatives in Ohio
ON their return trir.
Tony Klute. an employe of War
ren's department store was bitten
by something. supposed 10 be a tar
antula. while selling bananas the bita
was very painful, necessitating the
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
vAcANT LOTS

EOw'S THE TINE TO BUT-with the
consistent building OF houses, and the
constant demand for building locations
caused bV tie steady increase or the
c.fy's population. vacant lots are won
derfui Investments Did you ever stop
10 consider how fast South Bend Is
developing and how much YOU could
have made n you had purchased some
vacant property two years ago The
next two years viii show a greater In
crease 30 price than the past two have.
Bly now hefore the prices Increase
Our prices on unsold vacant lots are
The same as q wear ago The prices
however. viii soon be advanced as the
property is building up rapidly. All
~ our sub divisions are in good loca-
fIpus. close % car Hues and schools.
Prices range from $500 % S1.500OO.
and can ~ purchased on the monthly
payment plan no interest or taxes fer
wear. ON some % these lots you can
build a temporary home. and escape
the high rent We VIII help you Il
Dauce q home IN any OF our locations
or we VIII build FOR you when you
have psid enough iu Ca your lot for
first payment.
We have made many Disguised renters
happy. and home lovers Ask any ~
our clients
A. your first opportunity cali rs and
We viii show you some Of these loca-
lions Better start now.-don't DELAY
any longer.
We are open every evening Come IN
and let Us explain our home owning
ian. No obligations On your part
- Have you seen Oakwood Manor
Meyers Long Company
81 Farmers Trust Bldg Phone Main 754
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
LEGAL NOTICES
NONRESIDENT NOTICE.

State or Indiana,
County Of st. Joseph, S.
In the So Joseph Superior Court. In
Vacation, May Term 1922
Mayola Carter. Us. Samuel Carter, Di-
vOrce. No. T33S
BE il known that the above named Plain
tiff has fled in the of1ce Of the Clerk Of
said Court her complaint against said
Defendant in the above cause together
with a proper affidavit that said Defend
ant, Samuel Carter. is not a resident OF
the State OF Indiana
Said Defendant is hereby notified thai
said cause will stand for trial on the
10Th day Of September. 1922. the same
being the 2nd day Of the next term OF
said Court 20 commence at the City OF
South Bend. on the third Monday in
September. 1922. on which day said De
PENDANT Is required 10 appear 70 said &C
ton.
WILBUR NJ. WARNER.
Clerk.
By Bernard L. Hoerstman,
Deputy.
George Sands.
Attorney for Plaintiff
July -, Aug 3. II
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
STATE or INDIANA.
Department Of state.
I'd jackson. Secretary Of state.

: I'd Jackson. Secretary Of state
To al 10 whom these presents shall
come. greeting
7. I'd Jackson. Secretary OF State Of
the state n Indiana, d. hereby certify
that the East Side Bargain Store has
this day filed in the office u the Secre-
tarv Of Stale. the properly signed and
attested consents. statements and papers
required by Section one Of An Act
prescribing the method and procedure
for the voluntary dissolution ~ private
corporations and voluntary associations.
and declaring an emergency, approved
March 14th. 1913.
And I further certify that said written
consents. statements and papers so fled
as aforesaid show that said company
and the officers thereof have compiled
with the provisions Of said Section One
OF said Act and that said corporation
Il now in process q dissolution
In witness whereof ] have hereunto
set my hand and affixed the seal of the
state Of Indiana az the City Of Indian
apolis this 9th Cay OF July, A. D.,
1922
ED JACKSON
(SeaD Secretary of State.
By r. II Wolfard Deputy.
July %. Aug :
South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-07-31
NoN-REsIDENT NOTICE.

state Of Indiana.
ST. Joseph County, $.
In the 81. Joseph Superior Court No .
May Term. 1922.
Doris Grover VS.. James Grover Di-
vorce. No. nos
BE il known. that the above named
Plaintiff has filed i'm the office Of the
Clerk Of said Court her complaint against
said Defendant I'm the above cause to-
gether with a proper affidavit that said
Defendant. James Grover, is not a resi-
dent OF the State o. Indiana.
said Defendant Is hereby notified that
said cause viii stand for trial on the
10Th day Of Septem Der. 1922. the same be
Ing the End day Of the next term Of said
Court 20 commence az the City Of South
BEND. on the 4th Monday in September
next. on which day said Defendant is re
quired TO appear 10 said action.
WILBUR VI. WARNER.
(SeaD Clerk
BY MARGARET COwGILL.
Deputy.
J. W Thomas
Attorney for Plaintiff
July -. %. Aug :