davidaulloa/AmericanStories huggingface dataset:
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20
WILLIAM sCHALL Y co.

Nueva York, dc diciemhre de 1922.
AZUCAR :-Nuestra Ultima revista
tuyo por fecha el de novieInbre del
aflo en- curse.
Durante 81 pasado mes. los precios
para azticar de Cuba, llegaron su
mas alto lfmite en- todo el afio, este
es 4c. elf. Nueva York. Las ventas,
sin embargo, han sid0, 81 sc quiere.
limitadas con motive de 10 reducido de
las existencias disponibles. Estas eran
para el % de noviembre en- Cuba S0.-
900 toneladas solamente, contra ], ,400,-
00G toneladas aproximadamente para
el mismo dfa eli afio pasado, v es casi
ciert0 presumir que practicamente ma
da de las zafras pasadas pasara a en-
grosar. la pr0xima.
Sc han hecho ventas bastante consi-
derables de no privilegiados, especial
mente procedentes del Peru, en- su
mayor parte para el Canada, a precios
que han llegado hasta 3.5sc. elf.
Nueva York. Una dos operaci6nes
Sc efectuaron 3Ac&.if. Nueva York,
de no privilegiados .el puerto.
Algunas centrales en- Cuba empeza-
ron va sd molienda. pero hasta el pre-
,sente 40. Sc ha ,caleuladQ, epal serdsel
,rendimiento de iaisla sestas yeas avn
aies Sc r1imora que seGa alrededor de
4 mIillones. de tonelaaa
Sc han efectuado algunas transac-
clones va en- azidcafes de las nuevas
zafras, como sigue
SCI han tsepIido p0its rfiqueG9s a
IS. NC. elf. Nueva York, para embar-
que en- enero, Y cubanos para embar-
Que durailte ef mislnd mes.a 3Mc. eff.
Nueva York. ! para elnbarqnd en- fe-
brero a 3.5sc. elf. Nueva York 'p !
AL reconsiderar los moyimientos del
mercado de az1car durante el afio que
expira, las conclusiones son sorpren-
dentes: Cuba ha dispuesto de 100000
toneladas de azticar durante la pasa
da .estaci6n en- un mercado practica-
mente al alza Con este en- mente no
podemos menos de pensar que el pro-
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20
INFORMAC|ON DE MERCADOs

ximo aiio sera tambien muy bueno y
provechoso para toaos los pafses pro-
ductores de este artfculo.
En- este momento el mercad0 esta un
poquito mas flojo y los compradores
podrfan probablemente comprar en-
barques de enero 3.515c. Y de febre-
ro, nuevas zafras, lin -poquito menos,
Y en- tanto que es razonable presumir
que durante ell apOgeO de la pr0dqc'
ci0n en- los comienzos de la zafra,
estandO los productores esten en- necesi-
dad de dinero estos precios pueden afio-
jar algo mas, esperamos rntry buenos IT.
mites la larga durante Ia estaci0n q.
va a comenzar.
CAFE mercado de cafe conti-
nda muy firme, pero muy quieto. Los
compradores continian adquiriendo So
lamente 10 necesario Y no Sc inclinan
a tener cafe en- existencia. Las llega-
das contindan 'siendo reducidas, 10 cual
permite los tenedores seguir soste-
niendo sus Hmites.
No ha habido nueyos desenvolvi-
niento de que hacer menci0n en- re-
ferencia al la svalorizaci6n. Greemos
Que los aprecios continnaran firines por
Mgdn ltiempo, peno recomendamos a
Rpestrosi clientes embarcar sus exis-
RhciasI idestinadas afNueva York tan
tlionto cnmoldes sea posibles a fin de
que Sc aproVeeheA de los presentes IL
mites. VI
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

riun Enrupua. cnnaslaaa nara sss
paSaicruA
~ huisl IDEAL para hamhres ae ne.
goeses . tnrisias De eKpcricncia.
HsAisarita cun haas para I parxa.
na. desde sl-so.
Habitaci6n con bako para ? perso-
mas. desde $500.
Restaurant Table a H0te: Almuer-
70 Sl.2s. Comida sI.s0 y . n Carsa.
Precios m6dicOs.
CuandO visite San Juan haga DEL
PALACE su residencia.
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

coma BUEN PAN.-Avisansos al p4.
slicc que "a enconsrarin ~ sedes los
buenos esiablecimientos desde San
Juan hasta RIO Piedras nuesiro famo-
50 PAN nuy especiaimente en- el Col
made Espana de HatO Rey. Fijese en-
la envoltura. Siempre buena CALI
DAD. la Euskalduna". Telefono lsS
Azul. Santurce. lis
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20
HOTEL MALLORCA

Este Hotel ha sidO completaments
refOrmadO para la cOmodidad de su
buena clientela, situadO en- el sitiO
mejOr y mas frescO de la ciudad v
proximO al cOrreO, bancos, oficinas
de negocios.
Sc admiten abonados a preciOs mo-
dicOs.
Habitacioncs frescas y ventiladas.
ServiciO csmeradO.
Gale Tetuan No. 8, Tel. No. 1874.
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20
.SECCION DE HOTELES.
CARIBE

siiusss sa 4 sur.nsa T. l. eluaaa.
perfeciamcnie Acunfirisnsas cen 10
DDS he's ndeianins meaerna& Ascunear.
Tsltfones. MagnlAcas hahigAciunns cen
haho privndo y efecfos sanitariaS. -.
pccial coafort para fsanilias y pasa-
iero& Precios moderadssL
Teltofonos asa le0s. T.. @. Box sos.
CanA - c.. E-s..-sse-. ~ ~ g,
Juan. p. r.
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

~ vEsDER.-caaiFo oans isi1sIal
tn San Juan. ucapan ma rnanznnl
cozT,ictA ) dan frunft ! 3 na1irt So
pasAnos couaisidn. 81 nos cnaendenos
cun agenscs. DsTerci6n: aparsado 2
San Juan. 2. 4. -
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

sa@c@e = akasae e~.Arsusps as ne.
sossoss-Saa lnase - A asao IN Raa,
90 coloniai.-Teseione sss. p. o. Boa
lI12s-Quiose uslnd comprzr vcndrs
acciones &c b=noos = orntraiss. coiocaS
o t0mar dincFo "a raransia hipotecaria
vssdsr o cOnprar alsuna psopicdadl
Dinjase q nosotroS.
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

|R.ra nxPnc1onaa usa iudna.a y
-.zginf = ps<Ao te h hana cus 80
anna q c.tnlro - kss nelor iaE.ls
90 -nro1oLE-. ta-8
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20
CENTRAL

EdificiO construido expresamente
para Hotel, mOdernamente equipad0,
con ascensOr, habitaciones con bafio
telefonO, timbre y cuantO requiere
el mOderno comfort. Plan Europeo.
Restaurant a. la carta. Telefonos'
3S1-1144. Box 1852. San Jose, Plaza.
Principal, San Juan, P. r.
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

Ii.O0O SO vENnE por essa suna una
guagua Cadillac con franquicia para el
Rareue. Lame al teiefono sSS. San.
turce.
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

Sk eENDE-rns ca. - a e.ls
ll1satnaea rarala tsls. cunEaFnila
frsila,emrnle. sirne lFrs smrlins 49,
milsriss zsa. csmeaus. eocina , ~.
a.. ~ sasaie > hnhAaeiaa para q
nsrxiriA rnecio mslico y fariliia1es
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

- s.ls luulIln nzzzass ps1lnunrla
= ~ 1l1n2nn e. c1rn , Al1llnrlD
50 s1lslm pe&1pa snlA y c.upIA
es Essplsasoa , lsas aguins = lnls
- 1Gski
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20
Sc VENDE is
LA CASA No. 46 DE La GALE
GENERAL C0NTRERAS. - d.
RIJASE AL APARTAD0 GAS,
SAN JUAN, P. R. - 1-6
iiBORDADORAS!!

Para Colchas, Tapetes, Cortinas. y
Alrnohadones de punto para bordar, y
toda elase de hilos para clio, marca
"PeriLaustra' de fana mundial, "LA
MARQUESITA".
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

A so CTS. la CANA en- el DORMITO-
RIO de "LA,CAFETERA", Ell mas lin.
pic, rfesco y de mas asso sM Ia ropai
de. CANA. l2-2l
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

Sc ALQUILA:- En- la parada IA. ca.
lie Nueva, i'm piso alto de cinco ha-
bitaciones, sitio muy fresco y Tranquil
10. Para informes: M. Garcia Reiga.
da. telef. l34O, San Juan, San Francis
60 No. 81, altos. III.
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

Medellfn Excelso 19Ac.
Medellfn Extra 1S%c
Manizales Excelso 1SAc.
Manizales Extra 1SHc.
Bogotd Bueno 1870.
Bogota Fair 171se.
Bucaramanga Lava(lo 174c.
Bocon6 and Tovar 1914 -15% {.
Cdcuta and Eichira Fair 151a -1534 G.
Cucuta and Tachira Bueno 16c
Trujil1Os 15c.
Costa Ricas Fantasf,l TN 1SI4c.
Costa Rica B1eno 4 17-175ac.
CACAO ;-Eh este momento nuestro,
mescado esfa bastante firme Despues
CO nucsira Ultima reyista Sc ha notado
actiyidad, especialmente para la cali
Cad sanche9, ~ que en- un principle
5,cel.r6 hasta aieanzar el lfmite de
%. nc. piyel al tiial SC detuvo perma-.a
nes icndo asf por varios dfas. Poste-
riormente, sin embargo, debido a la
necesidad en- que Sc han visto vende-
d0res en- blanco de cubrir sus contra
tos, Ia mencionada procedencia Sc re-
cobro rapidamente, vendiendose en-.
grandes cantidades SAc., Unite al
cual hay adn compradores. Las exis-
stencias de este grad0 estan muy redu-
,.,dac " 1oc oc,,nn..I a n o,.nc co hon Wis
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

IN Ia CAFETERIA Is dOnds msnos
% sisnte Ia crisis actual. All hay sism-
pre- pdblieo. e. g 6
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-12-20

81 ALQUILAN En- casa de familia
respectable, dos habitacionss muy Ven,
tiladas para ofcinas para hombres
solbs. Sitio centrico. Cruz 25 (altos)
sfkstEtE4 ENE ~ zfeBs 8xrs isEsiz at
eSquina Luna. n-a
New-York tribune., 1922-01-08
Creditors Take Charge
OF Foreign Trade Go.

A committee of creditors has been
formed to take over the business Of
Childs & Joseph, importers and export
ers of 60 Wall Street. George Nichols,
of Minot. Hooper &, Co., is chairman
Of the committee. Associated with him
are William Baxter, New York agent
for the Chartered Bank of India, Aus
tralia and China Agency, London, and
George Kurz, Of the National City
Bank.
The committee. it was said yester
day, will conduct an investigation into
the business Of the firm. the partners
of which are Harris r. Childs and
Hugo S. Joseph The firms difficulties
were attributed to overtension in the
Far East, with the result that it has
been unable to realize on shipments
during recent months. A large part Of
the business consisted of trading tex
tiles to natives for ivory and spices
and other products. The firm WAS agent
for the international Harvester Com
psnv, Deere & Co.. Remington Type
writer Company, Goodyear Tire e. Rub
ber Company and the WHY'S Overland
Company.
Mr.. Nichols said that until the ac-
countants had completed an cxamina-
ton no estimate Of assets and liabii-
New-York tribune., 1922-01-08
Stock Prices
Are Fnnaer in
Short Session
Evening of Accounts for
Over Week End PRINCIPAL
Factor; European Devel.
opments Are Neglected

Although news element likely to he
of profound international Importance
was injected into the budget Of known
facts yesterday. the moderate frmness
IN the markets represented little more
than the evening UP Of traders con-
tracts contracts over the weekend
Activity was restricted in stocks. with
the lndustrals firm on covering. Rail-
road stock quotations were unsettled
by heavy selling in Chicago & North
Western. which before it's operating
difficulties Of the last few years was
commonly regarded as a premier rail-
road property Of the West. The pres
sure yesterday was explained as due to
liquidation by an estate, but more
fundamental is the character of earn
ings as revealed during the month of
November and previously.
Similar speculative motives guided
the trend in the commodity markets,
and wheat prices. which were off
heavily for the week. rose from "a to
Ia cents, and cotton quotations were
I to 13 cents higher In the foreign
exchange market, sterling continued
irmer, gaining half cent and the Con-
tinentals gained slightly. The an
nouncement that the Supreme Allied
Council. at Cannes. has called Az in
ternational financial meeting to be
held at Genoa during tho first two
weeks in March, at which Germany
and Russia may be represented. may
mark the beginning Of workable
economic program for the reconstruct
tion Of Europe.
Against the background Of probable
constructive developments in world
affairs. the stock market will be con-
lronted in the near future no doubt
with evidences Of the aftermeath Of
deaation and Observation-Disclosures of
weak links in the business fabric and
annual reports recorded what is gen
orally recognized to have been an un-
profitable year for many lines of bust
ness.
New-York tribune., 1922-01-08
sl6,OOO,OOO Issue Sold

The Old Colony Trust Company Of
Boston has purchased for syndicate
headed by Lee, Higginson & Go. an
issue of $1,e0O,000 ga per cent notes,
$4,000 900 maturing in one and $4,000
900 in three years, of the Edison Elec-
tric Illuminating Company, Boston.
The purpose of the financing is to pro.
vide funs for meeting a maturity Of
this amount on February /. The COM
panys borrowings during recent
months in connection with maturitiee
are brought by this issue up to S22,-
OO0, ,000 A public Offering Of the notes
is scheduled for tomorrow, no an
nnuncement having yet been made as
to the personnel Of the syndicate or
the Offering price.
New-York tribune., 1922-01-08
Quits American Sumatra
Julius Licltenstein Resigns as
President; Still Director

Julius Lichtensteln, according to an
announcement yesterday, has resigned
as president and geenral manager of
the American Sumatra Tobacco Com
pany, but continues as director. He
now becomes president of the Con-
solidated Cirgar Corporation, succeed
ing D. Emil Klein, who also resigned
as a director. Louis Calm retires as
secretary and treasurer of the COM
pany.
The American Sumatra Tobacco
presidency has been untitled for the
present and the senior vice-president
will lact as president pending action Of
tho board. Mr.. Lichtcnstein, it was
stated, viii devote his entire time to the
Consolidated Cigar Corporation. Frank
de c. Sullivan was elected secretary
and treasurer to fill the vacancy
created by the resignation Of Mr.. Calm.
Edwin Vile was elected director.
Leon Ornstein was appointed assistant
treasurer and assistant secretary.
New-York tribune., 1922-01-08
The Dollar in Foreign Exchange

Foreign exchange rates continued
slightly higher yesterday in general.
although there were slight reactions on
some continental centers. Cable rates
on London advanced half q cent at
S420ss.
The weeks changes left most Euro
poan rates slightly lower than on De-
cembcr 81. Changes were small, how
ever, and the course Of the market dur
ing the week was generally steady.
If you calculate the cost Of the dol
lar in terms of foreign money or cur
rency exchange value-that is, If YOU
were buying g. dollar with pounds,
marks or frarcs-its value yesterday,
compared with last week and year
ego follows:
New-York tribune., 1922-01-08
Middle States Plan 0. K.

Stockholders of the Middle States
Oil Corporation, at a special meeting
yesterday, unanimously approved the
proposal Of directors to increase the
authorized capital stock from S16,0O0.-
600 to s90,O0o,000. Over 90 per cent of
the stockholders were present or rep
resented by proxy. Those voting for
the increase held 1,363,984 shares.
Part Of the increased capital is to
be used to acquire through an ex-
change the small minority interest
outstanding in three Of the Middle
States subsidiaries and the stock Of
the Imperial Oil Corporation, which
is under the same management. The
merger will bring all of the so-called
Haskell interests under the direct
ownership Of Middle States.
New-York tribune., 1922-01-08
Mercantile Bank Adjustment

Plans for tho reorganization Of the
Mercantile Bank of the Americas, the
condition of which during the period
OF liquidation last spring and summer
furnished the nearest approach to a
threat in the local banking situation,
are slowly rounding into shape, and
definite promise of a favorable solu-
tion of the difficulties involved is now
forecast in the financial district. The
banking committee in charge has car
ried on its work without any blare of
trumpets, and is reported to be APP
preaching final casting up of the fig
ures involved. There was at one time
prevalent in Wall Street talk that the
bank after liquidation would wind up
its affairs, but such an cventuality may
now be regarded as definitely climinat-
ed from calculations.
New-York tribune., 1922-01-08
Fajardo Sugar Loses
Before Taxes S695,392

For the year ended July 81 the Fa-
jardo Sugar Company reported a def
ieit, after expenses, interest, deprecia-
ton. etc, but before federal taxes, OF
ss95.392. compared with a surplus OF
s5,4560ls in the preceding year.
Gross receipts totaled $3,6S1,S06,
against sl2 1888 a year ago. Manu-
featuring expenses amounted to S4.054,
44O, compared with S6,634,4 ,473. After
allowing for cash dividends of $o03.946
there remained a deficit of S1,199,333,
as against a surplus OF S4.l01,SdS.
New-York tribune., 1922-01-08
Kansas & Gulf Brings in Well

The Kansas g. Gulf Company has
Parish, near Shreveport. La. at a
depth of $500 feet with an initial
production of 1900 barrels. This
depth open new and deeper sand in
the Bull Bayou field, previous strikes
having been around 1900 feet. The
Texas company is building a pipe line
to the new we'll. The oil i Of 42 de-
grecs gravity, a higher grade than is
uually found in North Louisiana. The
company's daily production is now re-
ported around 300 barrels
New-York tribune., 1922-01-08
Acceptances at 4 Per Cent

The acceptance market yesterday
registered the influence Of easier
money conditions in an adjustment of
rates. The selling rate was established
at and the buying rate at 4As per
cent for all maturitcs up to four
per cont, respectively. This marks the
first occasion since April. 1918, that
this level has been recorded. Trading
broadcned considerably during the first
week Of the year. and dealers are look
Ing forward to continued activity
New-York tribune., 1922-01-08
Fewer Recciyerships

ship at the end of 1921 was the small
est since 1912. According to complica-
tions by "Thc Railway Age" the total
mileage of roads in the hands of the
courts at the close Of the year was
14,5O2, compared with 17,197 miles in
receivcrship at the end of 1920, and
1888 miles on June 80, 1916. The
Denver e. Rio Grande and the Chicago
& Eastern Illinois were two large roads
taken out of receivership last year.
The Missouri, Kansas & Texas is about
to be returned to it's managers. No
important rcccivership was established
last wear.
New-York tribune., 1922-01-08
Abbott ON China

the Continental and Commercial Trust
and Savings Bank of Chicago, return
ing to that city after visit of sew
eral months to the Orient, whore he
attempted to negotiate payment or re
funding of the $5,5O0,O00 Chinese loan
due November last, was quoted yes
terday as saying: 81 have absolute
confidence China will meet its fnan-
cial obligations after present prob
lens affecting that nation have been
worked out" This is in line with ex-
prcssions by bankers here, but the
virtual impassc recently reported at
Washington is not regarded as hope
full indication that those problems will
be solved early.
New-York tribune., 1922-01-08
Excess Reserves Rises

The weekly statement of the Clear
ing House banks issued yesterday
records an increase in surplus of S39-
577,950, bringing the total excess re-
serve over legal requirements up to
S56,7a4,170 and marking a reversion of
the trend in evidence during the two
weeks preceding. Loans show a con-
traction of $43,498,O00, while net de-
mand deposits were up 1,11O,OOO and
time deposits have risen $6,26S,OO
Government deposits remain approx
mately unchanged.
New-York tribune., 1922-01-08
Chicago & North Wetern

The persistent selling of Chicago &
North Western common stock in view
at the recent declaration of the reg
u'ar quarterly dividend continues to
caue comment in the Street. Ycster-
day the price broke TO 60, the lowest
since 1920. One explanation was that
an estate wa liquidating, but the real
cause, in the opinion of we'll informed
observers, seems to be more deep
seated. Ten years ago North Western
was cne of the most economically
operated railroads of the country, be-
ing able to keep it's costs down to a
minimum. Now the situation is the
reverse, one Of the chief cost items
being the high terminal charges. The
company's November earning state
ment showed the same unsatisfactory
ratio OF expenses to revenues as in the
prior months of 1921 and in 1920.
Gross revenues amounted to SlO.SG1,-
600, but net was only $4,000.
New-York tribune., 1922-01-08
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there were
20 transactions Yesterday.
New-York tribune., 1922-01-08
Individual Bank Figures

Average principal January of and
the
members of Federal ~ ~
Will
stores
New-York tribune., 1922-01-08

ties could be made. at is the inten-
tion of the committee to keep the con-
Germ yoing, if possible" he said.
New-York tribune., 1922-01-08
In Wall Street
international Financial Conference


Decision to hold an international
ilnanclai and economic conference at
Genoa in March is hailed in banking
circles here as an event Of promising
far-reaching results, although for their
attainment active American participa-
ton IS regarded as essential. The
United States is characterized as the
Keystone of the situation. Some dis
appointment was expressed that the
meeting had not been scheduled earlier
on tn etheory that with the winter past
md the prospect Of better things that
spring holds for tn developing there
Will not be the same impellng force to
an agreement as exists to-day.
Russia Returning to Sanity?
Russia's refusal or acceptance Of the
invitation to take part i nthe discus
sions at Genoa and the conditions in
volvcd will disclose pretty accurately
the progress Of her return toward
sanity, in the opinion of international
bankers. The Bolshevik authorities
have long understood from French,
British and German interests with
whom they have come into contact that
recognition Of the Russian external
debt stood as a sine qua non of the re-
entry Of Russia into the councils Of
civilized nations. Bankers here feel
that that the. trend in Russia during
recent months has been toward such
recognition, but they pointed out yes
tcrday that the problem extended far
beyond a mere verbal promise. SO far
as known, the Russian government has
no funds to meet either interest or
capital Of its external obligations. and
some reorganization of internal affairs
is requisite to attaining that end
Further, an arrangement funding back
interest due would probably be reces-
sary, Americas stake is small COM
pared with that of Europe.
New-York tribune., 1922-01-08

eral Reserve Bank
Blk OF N 7 N b A.
Blk of Manhattan.
Mechanics & Met.
Bank Of Alnerica.
Natl City Bank.
Chemical National
Atlantic National.
Butchers & Drov..
American ExchnE.
Natl Bk of Com.
Pacific Bank.....
Chatham & Pho.
Hanover National.
Corn Exchange.
Importers g. Trad.
National Park. =.
East River Natl.
First National.
Irving National. =.
Continental Bank.
Chase National.
Fifth Avenue.
Commonwealth :.
Garfield National.
Fifth National. :.
Sea board National
Coal & Iron Natl.
Union Exchange.
Brooklyn Trust. =.
Bankers Trust. -.
II 8 Mtg 4 Trust.
Guaranty Trust.
Fidelity-Intnal TT.
Columbia Trust.
Peoples Trust.
New YORK IrO9t.
Lincoln Trust.
Metropolitan Tr..
Nassau Nat. Bkln
Farmers L d r.
Colufnb bia Bank.
Equitable Trust.
state Banks Not
Members OF Fed
oral Reserve Bank
Greenwich Bank.
Bowery Bank. 49,.
State BAnk.......
TruSt COmpanjcs
Not Members OF
Fed. Reserve Bank
Title Guar & Tr-
Lawyers T & To-.
New-York tribune., 1922-01-08
Silver ElorAet

London. Si%d; New YORK, domestic bar
s9Asc; sorsign. C4@c: Mesican dollarx
49*.c.
New-York tribune., 1922-01-08

M 900
included dnsa (a> 10000 600
m ssis1s. .sS q, ;4sso 9 % si4s
New-York tribune., 1922-01-08
More Surprises for Trade

One of the noteworthy events Of the
week, and one which came as surprise
in the steel industry, was She state
ment By the Jones & Laughlin Steel
Company that they are negotiating for
1000 acres Of land IN Hammond, Ind,
within the Chicago steel-making dis
trict, to be used as the future site
for blast furnaces and steel works. 1t
is understood here that the deal is as
good as completed and only hinges on
certain details TO be arranged by the
interests in Hammond. 1t is not an
ticipated here that Jones & Laughlin
proposes at once to erect works on
the property, bat is generally bel:--pd
that they took his occasion to mcguire
it in order to meet future developments
and contingencies in the industry.
The Washington conference has had
it's effect on the Homestead steel works.
Several hundred workman in the arngr
plate department have been sent nome
with instructions that they viii be
sent for when needed, while others
have been told to hurt new jobs.