davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-07-30
Lexington Avenue Hotel
Involved in Long Lease

The Granerey Operating Company
leased FOR term Of years 70 Jesse 4.
Bluestone, Of this city. ths Hotel
GraTnsrey. At the northeast corner Of
Twenty-fourth Street sad Lexington
Avenue. There are two fve-story
buildings with eighty roorzs and stores.
The deal will aggregate $1,000 Tor
teh lease and the purchase OF the
equipment Of the hotel. hr. Blue6tore
eoltsmplztes rsrcv1ting the houss and
putting ar entrance IN Lexington Ave.
nre. ?. o. vsrdig1eL Of FrGaeis 4
c., was the broker Ia tho transaction.
New-York tribune., 1922-07-30
Old Ferry Point Land
To Go to Builders
Well Known Spot on Bronx
Waterfront Has Been Cut
Into BUNGALOW Sites

One hundred and twenty BUNGALOW
lots fronting on and adjacent 70 West
chester Creek. az the foot Of Ferris
Avenue. in the Old Ferry Point and
East River section of the East Bron1,
are % be sold next Saturday a. aue-
ton or the premises. az . p. m, by
Joseph ?. Day. Inc, auctioneers.
These lots were known formerly a.
the Louis Seaman estate and arc suit
able FOR Improvement with moderate
price bungalows, such % have been
built along the East River and Long
Island Sound In the easterly district
o. the Bronx.
The Old Ferry Point peninsula slopes
down 20 the waters edge. The location
Of the peninsula is Just beyond Clas-
seas Point and almost directly oppo-
site Powell Cove and Whitestons, l. I.
New-York tribune., 1922-07-30
Queens Boom
Borough of
Greater Cit,
Comparative Statistics SHOW
II Is To BE the Center n
Tremendous Building n.
fort; Has Passed Brom

Statistics compiled by n. cs,r,..
of Commerce Of the Borough Of Co.
show that rapid transit ls r,,,r.
building Up Queens The hgun, ,a..
pare the growth Of Queens snd Bra
Although n. rapid transl, nn,, =,
Queens did not begin opsrstlsu u,.s
1917. the borough began % ess,,.n..
on rs prospects As early a. isil !.
soon after the contracts vsr. d,,.y
From that time on the yrotth a -
briidlngs has been wondsrful. ~.
especially 90 during he pat -.
years.
The compilation extends s,y :,
period Of twenty years, from isca !,
1921, inclusive. Tho ars-ss, ysas u
year, follow:
New-York tribune., 1922-07-30
Brooklyn Bank 10 Alter Home

The Fir.t National Bank CT Brooklyn.
has awarded the contract for altsrA-
.ions 20 bank brilding on the south
west eorner Of Broadway and Havsr-
meyer Street According 70 Browa's
Letters Inc, construction reports, plans
and spseihcations we're prepared by
Carl l. Otto, and the contract for the
alteration has been awarded to John
Auer & Sons.
The foTdham Branch of the Corn
Exchange Btnk also will be altered.
Plans and specifications for this work
were prepared by 8. Edson Gage, and
contract for the work awarded 10 the
". V. Kiehnle Co.
New-York tribune., 1922-07-30
10 the R.al Estate EdItor Of Ths

10 NNt lsrAl shFANN A~NtFNt -
Tribune.
Sir: We have taken considerable in
tercst 10 the problem presented by
Miss A. L. K. through the Small
House Page" Of The Tribune, and the
replies and suggestions Of experienced
home owners, realty experts and
financial organizations. The majority
Of opinion thus far indicates that an
attempt 10 purchase a $1,000 home,
with necessary furnishings, with
$1,000 in cash and a salary Of SIS q
week Is impractical.
In ny opinion Il is impossible az the
present time IN or near New York City.
There is no detriment 20 the sue
cess Of married life 30 great a. a
constant irritating pressure Of hnan-
cial worry, particularly II IL occurs
during the first years. Miss A. L. X.
desires a home % move into and Is
willing 20 foTego honeym oon and make
sacrifices % enjoy II with her husband
during The first years.
Houses Of the Kind u is advisable 70
purehase-well hgilt and sound invest
nsnts-arc not being sold with p down
payment Of $500. with the balance pay
able over = ten-year period, such as
Niss A. l. X. has IN mind. We can
not pass upon $500 az sum sufficient
90 be spent IN furnishing any small
house 10 as % make the home liYable
let alone comfortable.
To own a homo Is the worthiest Of
ambitions, bot 10 IS not advisable until
suffeient invettment can be made 20
bring down the cost OF occupying the
house % a. least one-third Of the total
income, "a Was suggested By one
Tribune reader.
Miss A. l. K. believe. should she
end any worthwhile house 20 purchase
with $500 down. would And herself
looking forward With dread 70 interest
and tan dates. On her slim margin she
would hnd e imDossibls 10 live or dress
properly. Sevtre illness or unexpected
demand for money would completely
upset the budget Of Miss A. l.. K. with
the probable result Of foreclosure on
the property, complete loss Of invest
ment and TIE certain disillusionmeni
Of young ambition. No budget Is ever
safc which does not take into consid-
eration such contingencies as illness,
an emergency savings account and un-
expected Items.
In this case We certainly would ad-
wise patience and thrift for two on
three year.. The family income may
be increased during that time, and esr-
tsinly the family fAvings should then
be increased 20 a point where the pur-
ehase ef home would be FAR more
practical than AZ present.
l. PORTER MOORE,
preaidfrt Homo Ounnrr' gertgira
Institute.
New-York tribune., 1922-07-30
Builders Buy Elmsurst
Sites for Thirty Homes

EDWARD J. Dempsey, Of Elfnhurst, has
sold 20 William Yeandel, bsilder.
twenty lots facing on the west
side Of Polk Avenue. 100 feet north Of
Roosevelt. Avenue, who will erect two
family houses on the property.
Gustimus L. Ksmf, % Elmhurst,
builder. has purchased through Mr..
Dempsey eleven lots on Polk Avenue
directly opposite those % Mr.. Yeandsl
he viii build a number Of ons.fanlly
housea
New-York tribune., 1922-07-30
Fine Home Colony Start.
Al Observation-Disclosures Club

DR.. Hermann ". Biggs, State Health
Ccmmissioner, Herman Msrgenthsle-.
who is o son Of the inventor Of the
famous linotype machine. Samuel @.
Alien, DR.. James Porter Mills, John N.
Nc K'nnon. Colonel Henry ". SAckett,
and Thomas billiard have purchased an
acre each u the Wssehcster- -Biltmore
County Cluh property az Rye az sites
for homes ranging from $4,000 20 So
900 each IN cost. The property fronts
on the golf links.
?. ". Welis is IN charge 81 real
estate AZ the Westch ester Blltmore.
New-York tribune., 1922-07-30
James f. Kinney Heads
Building & Loan League
Named at Convention Last
Week in Portland, Woman
L. Nexf m Iinc

James Z. Kinney. Of Columbus. o.
was elected president Of the United
States League OF Building and Loan
Associations az the thirtieth annual
convention, held IN Portlsnd. Ne, last
week.
Other officers elected include Anne
Z. Rae, Niagara Falls, hest viee-presi-
dent; William p. SaiT. omsha, Neb.,
second viee-presIdent; H. r. Cellsrius,
Cincinnati, secretary; George z. Nc
kirnon, Shawnee, Okla. Assistsnt sec
retary. and c. o. Burton, Chester, Pa,
treasurer
New-York tribune., 1922-07-30
Newark Buys Realty
For Use of County Officials

Felst & Feis, sold the property a.
t67-47S High Street. Newark. 20 the
Essex County FEeeholders. represented
by the building COMMITTEES. headed by
Ernest Reed Nos. <67 and 46e have .
frontage Of 35 feet. with . thres-story
house. and Was bought from Louis
Sacks. Nos. All and 47g, 65-foot front,
was purchased from the Butler Realty
Company. The property will be util-
iged 20 provide additional Offices for
the county officials. D..
New-York tribune., 1922-07-30
Cecelie UlIman Sells
Her Quaker Ridge Place
Ely Bernays Is the Buyer of an
S85, 900 Home in West
chester Hills

Cseelis Ullman has sold her place on
Pennsylvania Boulevard, in the uaker
Ridge section Of searsdale, 70 Ely
BerDays, Of this city. The property
consists Of a brick dwelling, with two
acres Of land. II was formerly the
home Of Hugh Jarvis and was held in
the market for sale az $4,000. Nr.
Bernays viii occupy the house. Prince
q Ripley we're the brokers in the deal.
New-York tribune., 1922-07-30
F. S. Dean Buys at Mon,clalr

F. N. Crawley a Bros. have sold for
Z. =. Zurich bis Elirabe,hsn design
residence on tke south side Of Union
Street. vest Of Harrison Avenue, Mont
clair, y. j., 20 T. S. Dean, OF New York
City. The residence contains twelve
rooms and four bathrooms. The
grounds have q depth Of 900 feet and
are laid out IN ornamental asrsT gar
dena
New-York tribune., 1922-07-30
Buys on Long Beach Boardwalk

Edward J. Farrsll, Of Loag Beach,
sold for the Promenade Realty Com
psny. Inc, a plot % nine lots on the
Boardwalk 20 a client who will i'm
prove with amusement bulidings. This
viii be the FIRST Improvement In the
vicinity Of the cottage colony Of West
h0lme and West End.
New-York tribune., 1922-07-30
ro,aI..........tIf.Tii.sli

The total number Of permits ls.re
In Queens during this siI rosp,
period vas iO,s3<. TIL, is alzoe
double the number issued dsrrs 4,
corresponding period o. 1921 ard -or
than twice the estimated yalus.
John ". Moore, Ssperin<rssa, II
Building, says that during ,hs ru
few months there has been /, rrsf
revival Of construction Of iacu,,rs
and commercial buildings. seho,b
churches. etc. which has eeen sl-1
NJ a s,andstiil for some,ims
New-York tribune., 1922-07-30
Morristown House Buyers

Eugene Y. Welsh hEs sold At XorriB-
town. y. J.. for ArE PhQbe o. Bren-
nan, her residence az % Belleview Ter
race q Charles Carey. OF Montelair,
and for Howard L. Kerper his house
At 81 Atno Avenue, 70 Albert McNally.
New-York tribune., 1922-07-30
Long IsIand CIty ReaIty Burer

Csrl Barb. a client Il samuel BIZ
.s-'-s- hss sod $50 Twelfth Avenue,
Long Island City. % samuel 4. &C.
.,in. Martin J. Murray rIs the
broker.
New-York tribune., 1922-07-30
Home Buyers Should Not
Try TO Stretch Incomes

Acquiring Property on Small
Payment Enfails Consid.
cradle Financial Troubles
To tie Real Estate Editor OF The
Tribune.
Sir: The discussion ansnt financing
= 1880 house With only $500 cash Il
New-York tribune., 1922-07-30
Comparison In Bulldinr Edort

Up 70 Juss 30, 1922, permits for ,v
building construction 10 coat tsT.fr.
or had been issued, as ssair., N1.
5<6,2e3 In the Bronx. Tae agsrss h
months follow;
New-York tribune., 1922-08-10
Wheat, Corn and
Oats Sink to New
Lows for Season
Weakness Due Primarily
to Big Yield of Corn
Forecast; Wheat Closes
IS TO IA Cent Lower

CHICAGO, Aug. 9.-Wheat corn and
oats all established new low record
prices for the season to-day. Weak
ness appeared to be due primarily to
the big yield of corn forecast in the
government crop report. The wheat
market closed unsettled, 7s to 1Hc net
lower. Corn finished u to 13s to ~ C
down, oats of "a to 5sMAc In pro-
visions, the outcome was unchanged to
15c higher.
Although exporters took 100000 bushels
of wheat here and 600 900 to 500 900 bush
els at the seaboard. liauidating sales on
the part Of holders proved to be much
more than an offset. Speculative demand
was Of such restricted character as to be
of but slight Importance in supporting
values. The government crop report was
wheat, but this circumstance was soon lost
sight Of and attention focused instead on
the great increase of corn looked for, as
compared with month ago.
Gossip that happenings at the interna =
tiona conference in London might ad-
versely affect foreign exchange rates had
some influence in depressing the wheat
market, and so, too. did lower quotations
at Liverpool. Another disturbing factor
was much selling OF September and simul-
taneous buying of May for leading eleva-
tor interest.
Liquidation selling was evident in the
corn market from start to finish. Favor
able crop advices and liberal receipts add
ed to the bearish results of the govern
ment report. Oats gave way in sympathy.
New-York tribune., 1922-08-10
Freight Loadings Show
Decrease Of 1891 Cars
Report for Week Ended July
% Records Gain in Move
rnent of Coal

Reports filed by the carriers with
the car service division Of the Amerl-
can Railway Association give the rec
ord Of loading Of freight during the
week ended July 20 as 959, ,733 ears, a
decrease of ,391 cars as compared
with the previous week, but an increase
of 64,30f cars over the as<>rvgaee for
the sponding week of last year.
The influence of the coal strike is still
paramount in limiting the total freight
movement. loadings of this commodity
covering 1894 cars. This represented
gain Of 314 cars over the preceding
week, but a decrease Of 1905 cars
from the number loaded in the same
week of 1921.
Coke loadines, reported at 9,112
cars, rose in contrast. Although 837
cars less than in the preceding week,
they were 4,934 cars above the 1921
record.
Freight cars idle on July % num-
bered 387,322, compared with 417,029
cars on July Is. OF the total, 203, ,322
cars were in good repair and in excess
of current freight requirements, and
$4,000 were in bad order in excess Of
the normal number unfit for service.
The bi-monthly report of the asso-
citation recorded an increase of only
eighth-tenths of / per cent in the
number of bad order freight cars dur
ing the first two weeks of July, coin
Gliding with the first fortnight Of the
shopmen's strike.
New-York tribune., 1922-08-10
Tide Water Oil Earnings
For Six Months Increase

Operations of the Tide Water Oil
Company and subsidiaries during the
first six months of the year, according
to the statement yesterday resulted in
a surplus, after providing for deprecia-
tion and depletion, of s2,081.734, con-
trasting with deficit, after dividends,
IN the corresponding period of 1921 of
$5,687,182. The addition to surplus of
this amount, equivalent to $4.19 a
share on the capital stock brings that
item up to $14,164,472 Operating in
come amounted to S3,433, ,684, compare d
with an operating loss a year ago of
81, ,443,492, while $1,750,o0O was set
aside for depreciation and depletion,
compared with $2,412,646.
The statement of liabilities reveals
that during the year the bank loans Of
the company rose from $7,20O,OoO to
$4,000 900, and that accounts and notes
payable increased slightly, being re-
ported at somewhat more than $5,O00,-
600
New-York tribune., 1922-08-10
Cotton Irregular
In Late Reaction
Following Gains
Underione Distinctly Firm
at Times; Final Prices
Are L Point Net Lower
to 10 Points Advance

Sentiment In the cotton market ap-
peared to be somewhat less bearish
yesterday and at times the undertone
was distinctly firm, with net advances
of about SO points at best levels of
the day, followed by late reactions.
Final prices therefore showed / point
net decline to 10 points advance.
Al the opening October contracts ad-
vanced seven points over the previous
close because of correction In the local
stock whereby 1t was reduced about 80
200 bales. to 79793 bales Later months
opened unchanged to three points lower.
Considerable pressure from the South in
the way of hedging sales weakened Octo-
Der subsequently to 20.00c and pecern Der
70 1oV6c, but 1t was evident from the
character of operations that local senti-
ment at least had changed lttle over
night. and the offerings from the room
element were neither aggressive nor large.
a hardening tone in the frst hour gained
turther impetus after the weekly crop and
weather report appeared with a more
publish review of crop conditions than had
been expected, In view of the recent Texas
and Oklahoma rains.
1t was claimed in private advices that
Texas needed more rain, for which reason
the forecast indicating clear weather In
the next two days was regarded as rather
bullish. New Orleans had many unfavor-
able reports from south Texas about very
disappointing yields, and one cotton man
wired that the crop would all be picked
by September l. Throughout the n,iddla
OF the session the undertone continued
fairly buoyant, but near the close some
of the cotton bought early for uptown in
terests came on the market again, causing
rather sharp. reactions Southern spot
to ten higher.
The local market for spot cotton was
quiet and ten points higher at 2O.4 45c for
middling. No sales were reported.
Ihe range of prices:
New-York tribune., 1922-08-10
Country Produce

Butter-Receipts We're 1866 packages.
STrf1iamery, higher n than extras. h., 81 g
S2hc; seconds. 2Sh @ soc; lower grades,
~ q csc; centralized cars, 30 score, 81 " c:
score 's ss unsaed ieA sGss sssF s
extras, go 36c; extras, 92 score, 94034tao;
firsts. s1A @s3sc; seconds, so oslo; lower
nea s rood to stq5s nps dairy ar tses
common to fair. 27@30c; ladies, current
make, extras 2Ss3s 2so; frsts. 81 q 27Ae;
25c; packing stock, current make, make, No. n y j. !.
26c; No. 2, 241z @25c; lower grades, 220
Cheese-Receipt were 2,822, boxes, New
YORK State fats. fresh specials, 20l3 q BIC;
ctsls; so@ soae; ayeISgs M ~ FSas ls#s vs. VS.
single Daisies, 1874 @2oAc; Young Amer
icas 201ac.
Eggs-,Receipts were 1857 cases. Fresh
exra ss Tegvs
packed, hrsts % X &c; seconds and poor or-
sg @2s9k tTaq Ne egs5 57SS2oq drtes
poorer. 15@17hc; checks, poor to choice,
dry, rs 5@17Nc; New Jersey, hennery
extras, s6@ SOC; nearby henner.y Whites. eS, S'
tras, local candled, 49@5O nearby and
nearby; Western hennery whites avxrage
$50 36c; nearby gathered whites. firsts to
pullets' eggs 22@Ssc; Pacific Coast. whites,
flrsts, 81 q Sac; under grades 26@3Oc; pifl-
lets, 2G@27c other Western and Southern,
nearby Western hennery browns, extra,
33@39c; nearby brown and mixed colors,
gathered extras, 30@31c; frsts to extra
frsts, "a @2Sc.
Potatoes-Maryland, barrel. s1.75DS2.25:
Virginia. No / barrel. $1.50@S2; Jersey.
red, $50 pounds s1.5o@$1.S5; bag, 81 q
barrel, s2@$25O; sack $2@s2s5: $50.
pound sack, s1.50@S2; sweets. Jersey, bas-
ket. $1.25@$2.25; Virginia. barrel. SAC
$3.50; North Carolina, barrel, s2QS450.
New-York tribune., 1922-08-10
THE NEW YORK CENTRAL
RAILROAD COMPANY

New York, y. Y. July 13. 1922.
To the holders of THE NEW YORK CEN
TRIAL RAILROAD COMPANY TEN
YEAR SEVEN PER CENT. COLA T.
ERAL TRUST GOLD BONDS Issued
under q Trust Agreement dated Sep
te1nber I, 1890. betloeer said Railroad
CompGny ard Guaranty Trust Company
OF Ne11 York:
NOTICE IS HEREBY GIVEN that This
New York Central Railroad Company, in
accordance with the provisions of the Trust
Agreement above mentioned, has elected to
pay off and redeem on September /, 1922.
al of its Ten Year Seven Per Cent: Col
lateral Trust Gold Bonds aggregating a
principal amount OF SIS, GOO 900, Issued under
said Trust Agreement, such redemption to
be at the rate of los per cent. of the prin-
cpal amount, together with interest accrued
and unpaid TO September 1. 1922; that tho
principal amount of all said bonds with
premium and accrued interest as Aforesaid.
will be payable on September 1, 1922. at the
office Of the General Treasurer Of said
Railroad Company, New York Central Build
ing, No. 466 Lexington Avenue, Borough of
Manhattan, New York. n Y. and that on
September 1. 1922, interest on ali of said
bonds viii cease
BY authority Of the Board of Directors.
THE NEW YORK CENTRAL
RAILROAD COMPANY
By E r. STEPHENSON Secretary.
New-York tribune., 1922-08-10
Notice to the Holders of
DOMINICAN REPUBLIC
Customs Administration so Sinking Fund

NOTICE is HEREBY GIVEN that Guar
anty Trust Company of New York. as Sue
cessor to Morton Trust Company Fiscal
Agent under the Fiscal Agency Agreement
made by and between the Dominican Repub-
lie and Morton Trust Company, dated Janu-
airy II. 1908. hereby invites proposals for the
sale to the Sinking Fund on August 21, 1922
of bonds OF the above issue in such amount
as Will exhaust the sum Of S350,o0o, at the
lowest prices At which said bonds will be
offered for sale. but not exceeding 1921 % of
the principal amount thereof Sealed pro-
posals viii be received at the TRUST DE-
PARTMENT of the undersigned, lao Broad
way. New York City, UP to 10 O'Clock A. NJ.
on Friday, August IS. 1922. Payment of the
amount Of the accepted offers will be made
upon delivery to the Trustee of the bonds
purchased. Interest On ths bonds accepted
will cease on August 21. 1922.
The right is reserved TO reject any or ell
offers in whole or in part
GUARANTY TRUST COMPANY OF NEW
YORK.
By WILLIAM c. POTTER, President.
Dated August 8, 1923.
New-York tribune., 1922-08-10
'Iickers Removed.
Four Baltim ore
Brokers Suspend
Stock Exchange Here Says
Action Was Taken TO
Put Trading Conditions
ON a Sounder Basis

BALTIMORE, Aug. e.-Four Balti-
more brokerage firms were forced to
suspend business temporarily to-day
when their stock tickers were discon-
nected by orders from the New York
Stock Exchange. The firms, none of
which is a member of the New York
Stock Exchange, sold stocks on the
partial payment plan, but, it Is al
legged, contrary to the rules of the ex-
change.
The firms affected were Smith, Lock-
hart q Co., Kaderly & Finnan, Mueller,
Stout & Co. and w. H. Stout e. Co.
The action came without warning to
the firms. They made an effort to get
quotations from New York over private
wires, but within a few minutes after
the opening of the market found them
selves unable to do business in this
manner and were forced to suspend.
Smith, Lockhart g. Co. later filed a
petition in bankruptcy admitting in
solvency No schedule of assets or
liabilities was filed, but the actual
claims in the petition were S27 900 and
1t was set forth that there were many
more creditors.
kaderly d Finnan executed deed Of
trust for the benefit Of creditors in
the Superior Court this afternoon. H.
A. Orrick was appointed receiver and
bonded for 100000. f.
Action of the New York Stock Ex-
change in removing the tickers from
four Baltimore houses yesterday was
stated to be merely another step in
carrying out the nationwide effort of
that organization to put trading condi-
tlons on sounder basis. Similar ac-
tlon, it was recalled, was recently
taken in Detroit.
New-York tribune., 1922-08-10

Yesterdays Previo
Oats
Rye
Flour and Meal

Yesterdays Previous Year
New York: close. close ago.
No. white, f.o. b. sO.sOA s0.9ON s123 II
New-York tribune., 1922-08-10
FINANCIAL
NOTICE OF REDEMPTION
To tho holders Of Five Year Seven Per
Cent Convertible Cold Bonds of
WESTERN ELECTRIC COMPANY,

WESTERN ELECTRIC COMPANY.
INCORPORATED
Notice is hereby given, pursuant to the
provisions of the trust indenture dated
&pril !, 1920. made by Western Electric
Company, Incorporated. and The Chase
National Bank Of the City OF New
York trustee, that said Western
Electric Company. Incorporated has
exercised the right conferred upon s.
by said trust indenture TO redeem and
pay off on October J, 1922, all Of the
i've year per cent convertible gold bonds
Issued under the provisions Of said trust
indenture and then outstanding, at 1oz
per cent Of their face value. plus accrued
interest TO the date Of redemption. From
and after October /, 1922. said bonds
shall cease to bear interest and the cou-
pons thereto appertaining and subse-
quently maturing shall be void.
The holders Of said bonds may present
the same for redemption at the ONCE of
The Chase National Bank Of the CITY OF
Manhattan, CITY Of New York or at the
office of Lee. Higginson &; Company, No.
"A State Street, Boston. Massachusetts, or
at the Office Of Lee, Higginson &, Com
pany, No. 200 South LaSalle Street,
Chicago. Illinois.
Pursuant to the provisions Of said trust
indenture the right. which now exists of
converting said bonds into the per cent
cumulative preferred stock of the COM
pany will terminate on September 21
1922
Dated New York, August I. 1922.
WESTERN ELECTRIC co, incorporated,
BY Charles G. Dubois,
President
New-York tribune., 1922-08-10
Prices Hold Steady
In Quiet Trading
On Curb Exchange
Oils Move Irregularly, but
lndustrials Show Better
Tone; Stutz Shares Are
Strong; Changes Small

Although a generally steadier tone
prevailed on the curb market yester-
day, transactions were still in small
volume and net changes at the close
were small. Oils moved irregularly,
but industriais displayed better
trend
Stutz Motor ruled strong and worked
up nearly four points on increased de-
mand Mesabi Iron scored a fractional
gain and Philip Morris was slightly
higher. Ray Hercules was steady on
predictions of an output of S1,000,O00
pounds Of copper a month at lower
cost when operations are resumed.