davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-03-13
Berlin Reports
Money Shortage
New Complaint
Business Houses Pressed
for Funds as Rumors of
Impending Failures Cur.
tail Credit Extension
Advance i'm Prices Blamed
American Attitude Toward
Genoa Is Expected to
Aid Position of Mark
Special CaDic TO Thr T1ibunc

copyright. 1929, New York Tribune lnc)
BERLIN. March 12. Strange as it
may seem in face Of the fact that the
total paper money in circulation in
Germany has now reached sum est-
mated at more than 10000, 100000
marks. the week just passed was
marked by a cry of money shortage
Business houses throughout the coun-
try found themselves seriously ham
pered by the difficulties of obtaining
cash. When one considers the gigantic
imitation against which Germany has
been vainly struggling during the last
three ycars-inflation which in recent
months has expressed itself in new
issues of paper money averaging about
1000, ,00C,0 000 marks a week.-Mrs. cry of
money shortage appears almost anus
ing.
Among the reasons cited for this
cry are the constantly raising prices,
but this hardly furnishes possible ex-
planation, for prices have been raising
steadily all along, spondngly
with new issues of paper money and
the downward trend of the mark with
out causing universal complaint of
shortage of money 1t is fact, how
ever that many firms found great diff
Guilty during the week in obta lining the
i'lN.'SS hSSSoSaiy W HHdliCt liicll Opel-
ations.
What happened, however, was not
shrinkage in the supply Of money but
shrinkage of credit, due principally
to the widespread reports of Difficult
ties confronting many banks and of
impending bankruptcies in the financial
world, with the result that money dis
appeared from the open market. 1t is
not believed that this situation will
continue very long as the unfavorable
reports concerning certain banks and
financial institutions have been found
to be grossly exaggerated.
In fact although this was bad
week for the mark in general, the
coming week is expected to bring i'm
provement. due principally to the pro-
ceedings of the Allied financial experts
at Paris, which are regarded opti
mistically in Berlin. The attitude Of
the American government toward the
conference at Genoa is likewise re-
garded here as portending ultimate i'm
provement in the international situa-
tion despite Washington's refusal to
participate at Genoa. The American
note on the conference is interpreted
as actually signifying early direct
participation by the United States in
the reimbursement of the worlds eco
nomic situation by first endeavoring
to exercise pressure upon the Allies
to create a more comprehensive basis
for American participation.
New-York tribune., 1922-03-13
Treasury Bill
Interest Rate
Cut i'm France
Reduction Helps War Bonds
W hich Had Suffered
From Competition With
Short Term Obligations
External Loans Favored
High Investment Yield Is
Seen as an Inducement
to Flow Of Foreign Funds
Snecinl Cable TO The Tribune


copyright. 1922. New York Tribune Inc.)
PARIS, March 12.-Although the
reparations commission is establish
ing the qualifications and methods fora
German indemnity payments, the in
tcrnal financial program of France be-
ing evolved on the assumption Of as
sistance from the reparatiOns source
will for some years be of hypothet-
ical rather than a practical nature.
One the other hand definite phase
Of the financial program which is caus-
ing considerable favorable comment is
the interest reduction, on March 9, Of
onehalf of per cent on treasury bills.
Yearly bills now bear Az per cent in
terest, three months bills 8 Y per cent
and per cent is paid on obligations
running one month. This reduction is
already having q beneficial effect on
war loans, which have been selling
lower than in other countries because
of the competition with short term is
sues, and because of the laws restrict
ing their negotiablity in the official
market.
Italian per cent bonds have risen
in response to q lesser demand for in
dustrinl capital during the last three
months from rs to nearly 78, while
English bonds of the same category
are approaching par aided by partial
exemption from the enormous income
taxes. Swiss bonds are on current
basis Of 6h per cent, while Holland
government issues are around 81 1-3,
or about 5.8 per cent, which rate is
similar to that prevailing in France
year and half ago, before the pres
ent dehation began.
AS France is now the only country
of high standing where large return
is available, the result probably will
be an overflow of surplus wealth across
the various national borders toward
France, where it is most needed; as
long as confidence remains intact. The
scarcity of capital here is due pri-
marily to the abnormal strain of sup
plying funds for the restoration Of
the devastated regions pending German
endorsement
This year a total of 100000, 900
francs will be expended for reconstruct
vided into three categories: First, the
Credit Rationale, S,000,o00,Ooo francs
indemnifcation for northern indus
tries;; second, 5000 900 900 will be bor-
rowed, with national Endorsement, for
municipalities, departments and public
properties, under which the strongest
moral appeal will be represented by
the 100000, O,000-franc per cent loan
for more than 1000 destroyed churches.
such as the Rheims Cathedral, and
third, the remaining 1000, ,O0O0 900 francs
will be divided between pensions and
interest on previous borrowings.
Although returns show that the last
Offering of 4,0O0,000, 900 franc 6 per
hoo
subscribed by 7oo,Ooo,ooO francs. the
equal success of the Seine external
gold is is opening the way to the ex-
ternal form of borrowing which has the
double advantage of bringing in for
eign currencies while depriving them
of the premium resulting from the rise
| in the franc.
New-York tribune., 1922-03-13
British
Exchequer to
Show Surplus
Income Tax Probably Will
Yield the Unprecedented
Sum of f4lO,OOO, 900
for the Financial Year
Expenditures Decreasing
Chancellor Is Expected to
Announce Tax Reductions
on Presenting Budget
From The rr,bunes guro.ecn Bureo,

! FROM Inc TrtbNneS European Bureau
Copyright. 1922. New York tribune. lncD
! LONDON, March 70 Whcn the
| financial year ends on March 81 the
( Chancellor of the Exchequer probably
will have a small surplus, chiefly be
cause the income tax payer has come
to his assistance in the most bountiful
manner in the history of British
finance. The Horne budget calls for
/ the unprecedented sum of 9d1OOO0. 900
I from the income tax. and if during the
remaining weeks of the fiscal year the
rate of collection continues the Chan
cellor will obtain the extra ordinary
/ sum he anticipated, and this despite
( the perlod OF business depression.
The rate OF expenditure has dimin-
ished substantially during the last few
months; otherwise there would be a
deficit rather than surplus in Ne ma
tiona} treasury. In addition to the
enormous yield from the income tax
the Chancellor has made large collec-
tons from the customs and excise
taxes. tobacco alone yielding shl-
llngs pence a pound sterling valua-
| ton.
When the next budget is produced
to announce not only reduction of a
shilling pound in the income tax. but
also considerable reduction in the
duties on tobacco and beer, the cost of
which has been criticized severely for
many months. Estate duties have
! yielded more than anticipated, but, on
the other hand, there has been fall
ing off in returns from the corpora
tlons profits tax, which will total nearer
s20,oO0,000 than the $50 100000 ex-
pected.
Beer Tax Reduction
The reduction in the beer tax will
be criticized by the prob ibition ele-
ment on the ground that it is uniusti-
fable and made solely for political
reasons. but this criticism is hardly
justified because the government is
known to hold views sympathetic to
the reduction of liquor consumption
1t is still a matter of argument
whether postal rates will be cut Post
Office authorities, who have realized a
rates, but treasury officials feel that
their profits should so to swell the ma
tion's surplus. Despite international
postal rates letter from England to
America must bear Accent stamp, al
though letter from America requires
only cents. For obvious reasons
postofice officials are anxious to re-
| duce the rates not only for foreign but
domestic mails as we'll.
Similarly, there is every justifca-
ton for reducing telephone rates,
/ which are materially higher than in
America, although the telephone is a
! government monopoly, not intended to
bring in profit.
The closing weeks of the financial
year are bringing disturbing industrial
developments. With the unemploy-
ment roll approaching 100000, the
/ Minister of Labor has been forced to
make desperate efforts to avoid a
strike in the engineering trades in
volving 100000 workers and indirectly
affecting as many more. Coming at
a time Of great political unsettement
when Lloyd Georges future political
New-York tribune., 1922-03-13

plans are matter of speculation, this
threat of powerful labor union had Il
depressing effect on British business.
Political Situation Uncertain
In fact, the whole political situation
now is decidedly uncertain, what with
India on the verge Of revolution, mo-
mentous questions involving Britains
position in the Near East about to un-
dcrgo revision, Ireland in turbulent
state and the Genoa conference turned
down by the United States after Euro
pean statesmen had come to believe
America would cooperate in this
scheme devised to help stabilize the
economic situation over here.
Evening journal., 1922-10-30
.
LIFE AND CHARACTER
READING


These people are apt to espousa
a cause too readily and often get
into trouble through their enthusia-
assn, which seems never TO diminish
from tho cradle to the grave. They
are impatient Of methods and de-
spise necessary routine. When an
gered, which is seldom, they leave
nothing unsaid, and the effect is
like n cyclone which leaves the air
disturbed for days later.
The governing sign Of this date
Is the cusp of Libra-Scorpio. and the
governing planet is Venus, the god
dess of love.
These people should labor TO
overcome the habit of exaggeration.
which, from an over-enthusiasm is
very marked in this sign.
The birthstone is a diamond or
opal, though an opal is to be pre-
ferred.
Evening journal., 1922-10-30

-oRTCKLAYERs-T union; sitO
per hour. All years work. Thomas
Graham, Segal Building. North caro-
n. J. oct25-6t. |
Evening journal., 1922-10-30

REAL EsTATk-FoR RENT. M
Evening journal., 1922-10-30

sHERIFFs SALE-BY VIRTUE OF A
writ OF Lev. Fac. TO me directed. will
be exposed to public sale, at the Court
House, southeast corner OF Eleventh
and Kirg streets. city OF Wilmington.
New Castle county. Delaware. on Sat.
urday. the 9Th day OF November. 1922,
at 10 O'Clock a. m. the following de-
scrihed real estate. viz:
All that certain lot or piece OF land
situate IN the city OF Wilmington, afore-
said. bounded and described as follows.
TO wit
the intersection OF the northerly side OF
Seventh street. with the westerly side
OF Grant avenue, at sixty feet wide.
thence nOrtherly along said side OF
Grant avenue, nlnety-slx feet 10 a cor
ner. thence westerly parallel with sew
enth street one hundred feet 70 another
corner, thence sOutherly parallel with
Grant avenue sixteen feet 10 another
corner, thence easterly parallel with
Seventh street thirty-two feet 70 an
other corner. thence sOutherly parallel
with Grant avenue eighty feet 20 a
point in the said northeriy side OF Sew
enth street. and thence thereby easterly
sixty-elght feet TO the place OF begin
ming. Be the contents thereof what
they may.
Excepting and rServing therefrom
all that portion OF tie above mentioned
and described property bounded and de-
scribed as follows. 10 wit:
All that certain lot or piece OF land
with the buildings thereon erected. sit
uate IN the city OF Wilmington. county
OF New Castle and State OF Delaware
bounded and described as follows. 10
beginning at point in the northerly
side OF Seventh. street, at the distance
OF nineteen feet, seven and one-haf
Inches westerly from the westerly side
OF Grant avenue. thence nOrtherly
parallel with Grant avenue, and passing
through the middle OF the brick division
wall between the house on this lot and
the house on the lot adjoining on tho
east, eighty feet 10 a corner. thence
westerly parallel with Seventh street
nineteen feet to another corner. thence
parallel with Grant avenue
eighty feet to the said side Of Seventh
street and thence thereby easterly
nineteen feet 20 the place OF beginning
be the contents thereof what they NAV.
All that certain lot or piece 81 land
with the buildings thereon erected. sit
Castle county and State Of Delaware.
more particularly bounded and de-
scribed as follows 10 wit:
Beginning a point in the northeriy
side Of Seventh street. Al the distance
OF thirty-five feet, eight and one-haif
inches westerly from the westerly side
OF Grant avenue. thence northerly
parallel with Grant avenue eighty feet
10 \ corner. thence westerly parallel
wis.i Seventh street thirty-two feet four
inches TO another corner, thence south
erly parallel with Grant avenue eighty
feet TO the said side OF Seventh street.
and thence thereby easterly thlrty-two
feet 10 the said side OF Seventh street.
and thence thereby easterly thirty-two
feet four inches 10 the place Of begin
ming. BE the contents thereof what
they may
Seized and taken in execution as the
property OF Joseph Cicateil and Al
berica Cicatelli, mortgagors. and 10 be
sold by
Sheriff's office, Wilmington, Del Oc-
tober 20. 1922. oct21- -2T-s0-n nova.
Evening journal., 1922-10-30
BUSINESS OPPORTUNITIES.

GARAGE BUSINESS FOR SALE
Must sacrifice on account OF poor
health. Good deal 20 right party. Ad-
dress p o. Box 1852. oct2f-6t
STORE FOR RENT-stock for sale. PA
Jefferson St. oct2s-3t.
Evening journal., 1922-10-30
IN TESTIMONY

Secretary Of state.
Evening journal., 1922-10-30

CERTIFICATE OF DISSOLUTION.

STATE OF DELAWARE, OFFICE OF
SECRETARY OF STATE.
CERTIFICATE OF DISSOLUTION.
To All 20 Whom These Presents May
Come. Greeting:
Whereas, II appears to my satisfac-
ton. by duly authenticated ecord Of the
proceedings for the voluntary dis
solution thereof, by the consent Of
more than two-thlrds in Interest OF all
the stockholders deposited In my office,
the The Douglas oil Company a cor
poration OF this state. whose prin-
cipai office is situated at 90l Market
street, in the city OF Whining
ton, county Of New Castle, state OF
Delaware, Corporation Company Of
America. being agent therein and
in charge thereof, upon whom
process may be served. has compiled
with the requirements Of the Corporation
Laws Of the State OF Delaware, as
contained In 1918, Section !, to 2l0i,
Statutes OF 1915. as amended. prelim.
mary TO tho issuing OF this
CERTIFICATE OF DISSOLUTION
Now. therefore. l. A r. Benson,
Secretary OF state OF the state Of Dela-
ware. do hereby certify that the said
corporation did on the 2Sth day OF Oc-
fober. A. D. 1922. file in the office.
duly executed and attested consent, In
writing to the dissolution Of said cor
poration excepted by more than two
thirds in interest Of all the stockholders
thereof, which said consent and the
records OF the proceedings aforesaid,
are now on file In my said office as
IN TESTIMONY
WHEREOF, I
nave hereunto
set my hand and
OFFICIAL, SEAL official seal az
Secretarys Office Dover this 2sth
ISIS Delaware 1898 day OF oct. in
1911 the year OF our
Lord. one thou
sand. .
hundred n
twenty-five.
A. r. BENSON.
oct30-lt. Secretary OF state.
Evening journal., 1922-10-30
TATE or NEW YORK. COUNTY OF

STATE OF NEW YORK. COUNTY OF
NEW YORK. IS.
BE IT REMEMBERED. That on this
18th day OF October. A. u. 1922, per-
sonaliy appeared before me. JOHN NJ.
BUCHER. the subscriber. Notary
Public for said county and State.
DAVID NJ. GOODRICH. President OF
Company ana }. II. Graham. Bayard
Domlnick. Henry Lockhart. Ir., Geo. p.
Kennedy. l.. A. Rockefeller. A. y.
Wells and L. Y Katzcubach. a major
ity OF the directors Of said company.
and parties 10 the foregoing statement,
known to me personally 10 be such. and
having first made known 70 them and
each OF them the contents OF 90
statement. they did each, severely
and delivered the same as their sew
eral voluntary act and deed AMI each
deposod that the facts therein stated
were truly set forth
GIVEN under my hand and seal OF
office. the day and year Aforesaid.
Notary Public.
NOTARY PUBLIC. KINGS COUNTY.
Kings County Clerks No. 200.
Kings County Registers No. fl90.
Certificate Filed IN New York County.
Clerks No i0i Registers No. 1873.
Commission Expires March 80. 1924.
JOHN NJ BUCHER,
Notary Public.
Kings County.
STATE OF DELAWARE.
OFFICE OF SECRETARY OF STATE.
I. A. r. BENSON, Secretary OF State,
Of the State OF Delaware, DO HEREBY
CERTIFY that the above and fore
going is true and correct copy OF
Certificate Of Reduction Of Issued Capt.
tai Stock. Of the 'SEAB0ARD
FINANCE AND INVESTMENT CON- /
PANY," as received and fled In this
office, the twentieth day Of October.
A. D. i922.-at Q o'clock A. NJ.
~ TESTIMONY WHEREOF.
I have hereunto set my hand
and official seal. az Dover. ]
this goth day Of October, in /
the year OF our Lord one thou I
sand nine hundred and twenty |
A. r. BENSON.
Secretary OF state.
. SECRETARY'S OFFICE
; 1911
. is55-DELAwARE-i7es
Received for Record October II, 1929 i
DARLINGTON FILM.
T23-3O-nov6. Recorder.
Evening journal., 1922-10-30
sHERIFFs SALE.

SHERIFF's sALE--By virtue OF writ
OF Ais. Lev. Fac. to me directed, VIII
be exposed to public sale. at the Court
House, Southeast Corner sof Eleventh
and King Streets. city OF Wilmington.
New Castle County. Delaware. on
Monday, the 9Th day OF November. 1929.
at $50 o'clock STANDARD tlme) A. NJ.
the following described real estate. viz.
All that certain lot, piece or parcel
OF land. with the buildings thereon
erected, situate IN the city. county and
State aforesaid, and more particularly
bounded and described as follows. to-
wit:
Beginning at a point on the easterly
side OF Clayton street. az the distance
southerly side OF Sixth street; thence
easterly. parallel with sixth street.
seyenty-fivo feet to a corner;' thence
southerly parallel with Clayton street
sixteen feet, TO the middle Of the divl-
sion wall between the house on this
lot and the house adjoining on the
south. thence westerly through tho
centre OF said division wall. and parallel
with sixth street, seventy-hve feet TO
the aforesaid easterly side OF Clayton
street, and thence thereby nOrtherly
sixteen feet 10 the place OF beginning
be the contents thereof what they may
Seized and taken In execution as the
property OF Hymau Relver and Ethel
Reiver. his wife. mortgagors and it's.
and 20 be sold by
Sherlff's Office Wilmington. Del.
Oct %. 1922. oct23-2 -30-nov2-f.
Evening journal., 1922-10-30
USED CARS

Why have we sold 500 cars the past
year? Because our honest, square deal
methods have won the confidence Of our
customers We sincerely believe that
each and every car sold has proved sat
isfactory, then again. we have an un-
surpassed confidential tlme-payment
pan. which makus d. 80 easy that every
one who desires a car can have one. In
addition, we guarantee the title 10 every
car we sell and the buyer runs abso-
lutely no risk.
sTUDEBAKBR. FoUR-PAssENGER-
Big six, one OF the mountain elno
ing type, no grade too steep Tor
a.; reconditioned and reprinted
excellent rubber and extras, s635.
1921 CHANDLER DISPATCH
This Is a dandy. Lots Of pep and
looks Thoroughly reconditioned. An
exceptional opportunity 20 get a
mighty good car for little money;
only $3.50,
1921 FORD COUPE
This Is a dandy cold weather car.
can't be beat for appearance and
rubber. only s525.
1919 HUDSON COUPE ~
runs like new and looks equally as
well; nut in Al condition and
guaranteed 10 be right ss75.
1913 BUICK TOURING
Five passenger. this Is a little
dandy and every ono knows the
Buick can't be beat az a much
HAULED. good rubber too only si75
1920 FORD COUPE
This car has had only the best care
and win prove bargain TO the
lucky buyer, $500
1920 FORD SEDAN
WIN be just the thing for a small
family. and the only kind Of car
for cold weather; priced low TO
move quick; good paint and rub
Der, $3.50.
1920 DODGE SEDAN
This Is one OF those popular Dodges.
which don't hang around long; re-
conditioned and IN Al shape from
hood 70 wheel only 1913.
1921 sTUDEBAKER-
Big elk, with winter enclosure.
thoroughly recondltioned and paint-
ed; lots OF extras; runs me and
priced low for quick salei only $3.50
1921 AUBURN BEAUTY SIX
Looks like new, runs even better
this Is a good buy at hundred
more, but we desire 20 give you real
value and win sacrifice, $3.50.
A mighty good car and in excel
lent condition; paint and rubber
Al: some extras and very low
price. $3.50.
1922 FORD DELIVERY
It's a Ford, that's enough. IL has
got TO be right and don't kick on
the price, 1915.
1919 WHY'S KNIGHT
This touring car Is an exceptional I
buy. II looks good. runs good and I
h good; everything hlgh-class but
the price. Only s275.
We have many more cars not listed. I
Every one Is mechanically perfect;
when we say that we can back s; W. /
nance our own cars. Guaranteed title 1
With every car.
KEEL MOTOR co.
ELEVENTH AND TATNALL
Phone $500.
Evening journal., 1922-10-30
ELECTRICAL.

& sTATORs REWouND
Electric fans. motors. etc, repaired.
Alexander and Steward. Tenth and
Washington SITS Phone $751;. jyiO-iyr
lamps, wiring material
radio supplies; all reduced Gross
man Electric Co, n. W. Corner Fourth
and orange SITS. apr29-tE
WOOD WILSON wires your house
without breaking your floors. plaster
or pocketbvok. Phone asa. $500
Nan Buren, 81. ausi2-lyr.
Evening journal., 1922-10-30
PIANOS FOR SALE.
HOUSE PAINTING.

HOUSE PAINTING-Save the surface
and YOU save all James keenan,
1904 w. 10th St. Phone 7492-W.
narq-1yr
Evening journal., 1922-10-30

Z = ~
ISSUED CAPITAL STOCK
We the undersigned being the presi-
dent and n majority of the directors OF
Seaboard Finance and Investment Com
pany, corporation organized under the
laws OF the State OF Delaware. DO
the capital stock. issued by said COM
pany. make, sign, acknowledge. file,
record and publish this statement OF
reduction and certify that the facts
herein stated are true:
FIRST: That said company IS au-
thorized TO issue 6f.i92 shares OF capi-
tai stock. without nominal OF par value.
and has issued all OF said shares OF
capital stock.
SECOND; That pursuant 10 no.
tlce duly given In accordance with the
provisions OF Section IS. Of the Cen
oral Corporation Law of tho state OF
Delaware and the provisions OF the by
laws OF said company. a meeting OF
tho stockholders OF said company was
duly held In the city OF New York, Sep
TENDER II. 1922. FOR the purpose OF act
Ing upon tho question OF reducing the
capital stock so issued by saii COM
pany. to 63,976 shares
THIRD: That az said meeting reso-
lutions were duly adopted by the una1i-
nous affirmative vote OF the holders OF
an Of tho outstanding stock m said
company. that the g. 92 shares OF
be reduced 10 6s,976 shares and that
such reduction be effected by the pur-
chase AZ not above 800 per rhare, OF
SIG shares OF said stock for retirement
FOURTH: That the reduction au-
thorlzed IN said resolution has been
duly accomplished IN accordance there
with.
FIFTH: That all Of the deSts Of said
company not otherwise fully secured,
have been paid and discharged. and
that all of the creditors OF said COM
pany have IN writing, duly approved
the reduction OF the capital stock OF
said company herein set forth and the
manner OF effecting said reduction here
" SIXTH. That the name Of the Presl-
dent Of said company Is David NJ.
SEW SEVENTH: That the names Of all
aa follows. David NJ NGoodrioh. Bay
ard Domlnick, l.. y. katzenhach.
Henry Lockhart. Jr., John l.. Weeks,
A. y Wells. Samuel McRoberts, Robert
/. Montgomery' P A, Ro ,is,t eo..s >,
IT, Graham, W. y, 5. Griswold, george
y. Kennedy.
~ WITNESS WHEREOF, We have
set our respective hands ana seals, this
18TH day OF October. 1922
DAVID NJ. GOODRICH a.. 50
J.H GRAHAM. a.. 50
BAYARD DoMINIcK. a. s.
Director.
HENRY LocKHART, JR.. a.. So
GEO. p. KENNEDY. IL. 50
p. A. ROCKEFELLER, G. 50
Director
A. p. WELLS. IL. 50
n VATzuNRACH n, 81
Evening journal., 1922-10-30
HELP waNTED-MALE.

BARBER-First-class. Apply io5 Mary
land Ave. oct30-lt.