davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-05-23
COTTON GAINS ON
RENEWED BUYING
Market Up 16 to 38 Points Net
at Close, With May Only
Option to Decline.

A renewal of the buying movement
based on heavy rains in Oklahoma and
scattered showers in other Southern
parts lifted cotton futures prices Al to
53 points yesterday The market
showed much power at times and alb
ger longs keeping their positions. May
was the only option to sell for less than
Saturdays close. the market being 16
to 3S points net higher at the final gong.
The general situation was about where
it stood on Saturday. Bulls were en-
couraged by continued Improvement in
spot demand and heavy sales of spot
cotton on the other side of the water.
Liverpool reported that $1,000 bales of
the actual changed hands in active
trading there. Futures cables We're
steady. Just about as due. Early In
the session brokers with Liverpool con-
nections were among the heaviest buy
ers Of the staple. That shorts were un-
easy and covering with every oppor-
tunity was evident. New buying also
appeared in the ring throughout the
day. part of it from New Orleans
sources and part of it from the trade.
The short element was taken by sur
prise by the renewal Of Western belt
rains.
All things considered the market
seemed to be in a better technical posi-
ton. Sentiment, still bulllsh in the
trade, was helped by the upward move
ment of securities. 1t appeared that
several long lines were Iiquidated in the
latter part of last week. but that big
ger longs continued to look to increased
profits. AT the same time a fair sized
short interest was In the market
The local spot market was firm at 80
points advance for middling at Else
cents pound. Deliveries on local con-
tract were of 9,400 bales. The New
Orleans spot market was quiet and un-
changed at 20 cents pound for mid
ding. It's sales were of 607 bales.
Ranra Of nricns.
The New York herald., 1922-05-23
WHEAT PULLED BACK
BY HEAVY SUPPLIES
Shipping Demand Poor, Crop
4 Reports Good, Interior
Movement Strong.

CHICAGO, May 22.-Wheat closed un-
settled at 2lac. net loss to sc. advance,
with May s1.33h and July $1.23ss to
sl.23%; corn "a to &c. down. oats of
u to 1c. and provisions from 7c decline
to 20c advance.
Most wheat traders gradually veered
10 the bear side as the fact became
apparent that for at least the time being
any gains in price would be hard to
maintain. Lack of big shipping demand
here, together with the unusually large
receipts and the continued good sized
movement from the interior, tended to
stimulate selling. which included consid-
cradle liquidation by holders. Besides.
crop reports were generally favorable.
and it was predicted that harvesting in
the Southwest would begin about the
middle of June. An increase of almost
100000 bushels in the amount of wheat
on ocean passage had some effect also
as bearish influence.
Decrease of the domestic visible sup
ply total was anticipated more or less
by purchasers of wheat at the opening
and was only of moderate help in rally
ing the market at the last, especially as
messages from the Atlantic seaboard
said exporters were idle, holding off for
lower prices. Receipts here to-day
totaled SIG carloads. and 3S5,o00 bushels
were delivered on May contracts. ves-
sci room was chartered for 100000
bushels to Buffalo.
Corn and oats weakened when wheat
had sinking SPELL
PROVISIONS were depressed by a drop
IN hog values. May ribs, however.
formed an exception, being in active
demand from shorts.
CHICAGO PRICES
The New York herald., 1922-05-23
Inqufring for worsted Yarns.

There has been marked increase
in inquiries for worsted yarns I'm the
last week, according to a manufacturer.
Present prices, he said, are between
10 and 10 per cent higher than those
obtaining a month ago. Buyers who
have been shopping around for distress
lots found few dealers willing TO sacri-
flee their goods and have again entered
the market. Naturalization of these in
quiries In the shape of orders is expect
ed In the next few weeks by the manu-
facturer. The continued strength of the
raw wool market is expected to stiffen
worsted yarn prices. In substantiation
of reports of a dearth OF raw wool the
manufacturer told of the experience OF
his representative. sent to purchase a
substantial amount OF raw wool All
that he could buy, the manufacturer
said. was 10 per cent OF the amount do.
sired
The New York herald., 1922-05-23
Ribbon 1'rnde Improving.

Notable Improvement in the silk rib
bon trade has taken place in the last
several weeks. Retail stocks are be-
leved to be low and retailers are pur-
chasing more frequently although still
conservatively. Narrow ribbons continue
in good demand. There Is slightly
broadening demand for broad ribbons.
although the volume sold remains COM
paratlvely small. An awakened interest
in ribbons for hair bows has been noted
by manufacturers. This revived feel
ing has encouraged greatly the trade,
because the employment of ribbons is
regarded as one of the largest outlets for
such merchandise. Trade factors believe
that the business will continue to grow.
a good fall trade is anticipated.
The New York herald., 1922-05-23
SUGAR MERGER ARRANGED.
Stockholders to Vote on National
and Cuban American Plan.

Details of the merger of the National
Sugar Refining Company with the
Cuban-American Sugar Corporation. an
other so-called Howell company. have
been worked out completely and will be
submitted to the two companies stock
holders in meetings to be called soon.
Under the plan as 1t stands the Ma
tlonals stockholders are to be given
stock in the Cuban-American for their
holdings in the former and the Ma
tional's identity will be lost.
The basis of exchange. II Is under
stood, is to be a share of Cuban Ameri-
can common stock and share OF
Cuban-American preferred for a share
of National Sugar Refining. The Cuban
Americans common stock Is quoted for
around s2t share and its preferred
stock for around s9i share. National
shares were quoted yesterday in the
over the counter market for more than
$40 a share.
The New York herald., 1922-05-23
Secretary Of the Treasury. Feb. 0. issa'
TO THE HOLDERS OF
HERSHEY CHOCOLATE CORPORATION
First Lien sIAes 10-Year Sinking Fund Gold
Knuds
EIfNn NOTIf,N

SIlNNIINb T UN II NVIICL.
NOTICE is HEREBY GIVEN that In nc.
cordance with the provisions OF Article Three
OF the Trust Agreement of the Hershey
Chocolate Corporation 10 The National City
Bank of New York, as Trustee, dated OF
June I, 1920. the Undersigned at its office,
No. 81 Wall Street, New York City, until 10
o'clock a. NJ. on the Goth day OF May. 1922,
will receive offers for the sale TO II, as Trus-
tee. of sufficient bonds of the above issue 70
exhaust the sum OF $f2J, ,0i01O held In the
Sinking Fund: delivery to be made as OF
June /, 1922, on which date interest Will
cease on accepted bonds.
Offers should be made subject to the ac.
ceptancc Of any part thereof. and should be
placed In an envelope, sealed and marked
Hershey Chocolate Corporation Bonds, Sink
ing Fund Offer" and forwarded under
separate cover TO the TRUST DEPART
MENT.
The Trustee reserves the right to reject
any and all offers.
THE NATIONAL CITY BANK OF
NEW YORK. TRUSTEE.
BY W. W. HOFFMAN. Trust officer.
The New York herald., 1922-05-23
To Bach Holder Of the Above pescrIbed

To Each Holder Of the Above Described
Bonds:
NOTICE IS HEREBY GIVEN. that AMER
IcAN MACHINE & FOUNDRY COMPANY,
proposes 10 redeem and viii redeem and pay
on July ], 1922. all OF its First Mortgage
Seven Per Cent. Serial Gold Bonds thGn out
standing by payment OF the principal thereof
and interest thereon to July /. 1922, and a
premium Of 2h9o OF the principal amount
thereof, all pursuant to Article Third OF the
lndenture Of Mortgage dated July !. 1920,
between AMERICAN MACHINE & FOUN-
DRY COMPANY and BANKERS TRUST
COMPANY, Trustee. Interest on said bonds
will cease OH July /. 1922, and said bonds
will be due and payable on said date. as
aforesaid.
The holders OF said bonds are hereby re-
quired to present the same, with the interest
coupons maturing July /. 1922. and all
subsequently maturing coupons attached. at
the office of the Bankers Trust Company,
10 Wall Street. Borough OF Manhattan. City
and State of New York, on or before July
J., 1922, for redemption and payment, as
aforesaid.
Federal Income Tax Ownership Certificates
required by the Regulations OF the Treas
ury Department. should accompany all bonds
presented .or redemption.
Dated May i. 1922.
AMERICAN MACHINE
FOUNDRY COMPANY.
by d. II. HAYNES,
Treasurer.
The New York herald., 1922-05-23
NOTICE OF REDEMPTION.

To holders of Victory notes and others
concerned:
Notice Is hereby given as follows:
I-Call for redemption of 3z Fer Gems
Victory notes.--All Of the So per cent series
of United States OF America convertible Gold
Notes of lo22-1923, otherwise known as 9%
Per cent Victory Notes. are hereby called for
redemption June Is, 1922, pursuant TO the
provision for redemption contained In the
Notes and IN Treasury Department circular
number 1873, dated April Il, 1919. under
which the Notes were originally issued. In
terest on all Victory notes of the 3A per
cent series will cease said redenp tion
date, June is, 1922.
2-Suspension and Termination Of Victory
note conversion privilege.-In view of tho call
for the redemption OF all az per cent Victory
notes on June Is. 1922. and pursuant to the
provisions of said Treasury Department cir
cular number 1888. the privilege OF conver-
sion Of Victory notes OF either series Into
Victory notes of the other series Is hereby
suspended from February 0, 1922, to June Is.
1922, both inclusive. and on June 10. 1922,
will terminate. Victory notes accordingly
cease 10 be interconvertible. effective Febru-
ary Q. 1922 and on and after that date no
conversions of the notes may be made.
S-Detaiied information as 20 the presenta-
tion and surrender of 3A per cent Victory
notes for redemption Is given In Treasury
Department circular number 277. dated Feb
ruary o. 1922. copies OF which are available
at the Treasury and the Federal Reserve
Banks.
A. W. MELLON.
Secretary Of the Treasury, Feb. 0. 1se1,
The New York herald., 1922-05-23
LEGAL NOTICES.
NOTICE OE SALE.


TAKE NOTICE that on Ne 3ist day OF May.
1922. at IL 80 O'Clock l.. NJ, at the Exchange
Salesroom. Nos. i-l6 Vesay Street. Borough
OF Manhattan, city, County and State OF New
York. the undersigned viii cause TO bo sold
at public auction. 10 the highest bidder.
through Adrian II. Muller d Son. Auctioneers,
eight hundred forty ts40l shares. Glass "A, +"
Trust Certificates. OF the san Telmo Cigar
Manufacturing Co. each OF which shares
have a par value Of one hundred G00) dol
lars, which certificates were pledged by tho
owner thereof, Marc Haas, with the under
signed as security for his note. payable IN
the sum OF Flfty-eight thousand five hundred
nineteen (jS.1i9) dollars, which said note
was endorsed by Slgmund Haas, and which
was duo on the 10Th day Of February. 1922,
and which remains unpaid.
Dated, May 18th, 1922
ESTATE or LEVI WETsKOPF.
By ID. X. WEIskOPF, Executor.
SAMSON SEIJG,
Attorney for Executor,
No. 233 broadway.
Borough of Manhattan,
City of New York.
The New York herald., 1922-05-23
Mems Sport Wear Selling Fast.

The greatest volume of business in
mems furnishing stores is in sport
wear departments. according to the
manager of chain of mems wear
stores. In that category is placed golf
hose, sweaters, bath robes, &c. The
rapidly spreading enthusiasm for golf
has created an exceptional demand for
golf stockings So great is the call, he
said. that such merchandise imported
from Scotland and England is not suffi-
cient to supply the demand for it. Deal
ers have been forced to call on domestic
production to meet the call for golf
stockings. In former years the amount
of such goods imported amply supplied
the demand for them. A strong demand
for bath robes has developed as a result
of the increase in golf playing. There
is a steady call for sweaters, but the
call for them has not been as strongly
influenced by golf. Prices for golf
stockings are sl.5O to $40. the lower
priced ones enjoying a liveller demand.
The New York herald., 1922-05-23
BUSINESS NOTES
AND TRADE NEWS
Sales of Mems Shirts Increase
and Sport Wear Trade
Is Active.

Volume sales OF mems shirt stores are
trending upward. Popular priced mer-
chandise is moving with rapidity while
demand for higher priced goods is grow
ing. Plain madras shirts OF fine tex
ture are finding ready market. Busi-
ness in mixed silk shirts is also OF
large volume. With warmer weather
sport shirts and shirts with the collar
attached are meeting better demand.
So far sales of silk shirts have been
comparatively small. The volume sold
is expected to swell with the advent of
summer. AS a prominent retailer re-
marked. I'm the halcyon days just
passed men wore silk shirts all the year
round. but with the decreased purchas-
ing power they appear to be limiting
the wearing Of silk shirts to summer
months"
The New York herald., 1922-05-23
The international Nickel Company

a. Vt. HEWETT, Secrefnr
20 4 2s Queen Annn's Cate. london. s. Z
The New York herald., 1922-05-23
Cotton Yarn values stiren

Stffening OF prices in the local cotton
yarn market occurred yesterday while
trading remained small I'm volume AL
though there we're numerous injuries
from the knitting and tho electrical
trades. Buyers do not appear 10 have
adjusted themselves to the new prices
and consequently are holding back on
purchases. Buyers ideas OF values of
certain descriptions are said to be 2
20 cents less than market quotations
With continuation of the rise in
raw cotton prices OF yarns will be
forced to even higher levels, market
men say.
The New York herald., 1922-05-23
Higher Clothing values Likely.

Increased piece goods quotations have
placed clothing manufacturers in an un-
envablc position. Manufacturers do not
relish advances In clothing values at this
time and II is said that many Of them
have figured their fall prices so close
that IL will be Impossible for them 10 alb
sorb the advances IL will be difficult
for manufacturers not sufficiently COW
cred on their piece goods requirements
TO average their prices 10 keep within
present figurea The desire to supply
merchandise to the retailers in keeping
The New York herald., 1922-05-23
GAIN ny HUDSON TUBEs.

The Hudson and Manhattan Railroad
Company reports for April surplus OF
sS0.233 after all charges, including sl37.-
925 in interest on its adjustment per
cent. bonds. contrasted with surplus
of only s3,S19 in April, 1921. The
months gross operating revenues were
S935,272, in contrast to SS72, 2,010 in April.
1921. It's four months surplus after
charges was s293.953, contrasted with
s70,11S In 1921.
The New York herald., 1922-05-23
NOTICE OF SALE.

TAKE NOTICE that on tne aist day O,
May 1922. at 80 o'clock p. NJ, at the
Exchange Salesroom. No. l4-l6 Vesey Street
Borough OF Manhattan, City, County and
state OF New York. the undersigned will cause
to be sold at public auction. 10 the highest
bidder. through Adrian II. Muller d son,
Auctionecrs. two hundred twenty three C223l
shares Glass ~ Trust Certificates, OF the
San Telmo Cigar Mfg. CO.. each Of which
shares have n par value OF One hundred
UOOD dollars, which certificates we're pledged
by the owner thereof, Marc Haas, with tho
undersigned. as security for his note, pay
able in tho sum Of Fifteen thousand 10000
dollars. which said note was due on the
iath day OF February, 1922. and which re-
mains unpaid.
Dated, May i6h, 192@.
SAMSON SEIIG.
Attorney for -. X. Wciskopf,
No. 233 broadway,
Borough Of Manhattan,
CITY OF New York.
The New York herald., 1922-05-23
Waist Trade Credit sreet,pu.

Timely credit subjects will be dis
cussed by credit men OF the waist indus
try in to-morrow's meeting OF the United
Waist League of Americas service bu.
reau In its headquarters. Recent read.
justments In tho bureaus methods. It
viii be reported, have resulted in Inn
provemerts. shown to have been great
aids TO the efficient checking OF credits
in the waist industry. Credit informa
ton also will be interchanged.
The New York herald., 1922-05-23
DIVIDENDS.

Stock OF Pay
Record. able.
Cincinnati. New Orleans,
Texas Pacific II. II. q. pf.
S1.25 .....................M May - June I
Dominion Glass Co. q, s.. 80. June 10 July /
Dominion Glass Co. q, pf,
M.I3 ..................... June Is July /
I'll Paso Electric Co. q. 50. 2.50.June | June IL
Hudson Motor Car Co, soc. June 20 July 1
Hudson Motor Car Co. 1000 %
$40 par common issued TO
comply with Michigan law.
$3.50 .,....:..............J June 20 July 1
Humphreys oil Co.. initial
5eo ....:..,.:.... ....:.:... May 81 June Is
Lake OF the Woods Milling
Co. q. s3................. May 81 June /
Lake of the Woods Milling
Co. q, pf. Si.T5,. May 81 June ]
Middle West Utilities Co.
q, prior lien S1.75. May 81 June IL
Public Service Co. of North
Illinois q, pf. Sl.5o. ..... June 80 July Is
Sears Roebuck Co, q, pf,
Sf.75 ..................... June Is July i
The New York herald., 1922-05-23
Cotton Hosiery Exports Jump.

Cotton hosiery exported in March ex-
ceeded $4,000 dozen pairs in volume
and $S16.000 in value, according to the
Bureau of Foreign and Domestic Com
merce The value Of the goods ex-
ported was the largest in more than a
year and their volume was much more
than twice that OF March, 1921, and
more than 80 per cent. greater than
those CT January or February. 1922.
Argentina, United Kingdom and Can
ada were the largest importers of this
merchandise during the month.
The New York herald., 1922-05-23
TILE HANOVER NATIONAL BANK
OF the City of New York.
Nassau a Pine SITS.
49,, VT, a.. n ,ao.

To the Shareholders
OF The Hanover National Bank
OF the City OF New YORK:
Notice is hereby given that special meet
ing OF the shareholders Of this Rank has
he-s called and will he hold at 10 O'Clock
A. NJ, on Tuesday. the sixth day Of June.
1922, AZ the banking office OF The Hanover
National BANK OF tite City Of New York,
corner Of Nassau and Pine Streets. Nanhat-
tan. City OF New York. 10 vote upon ths
follovin Ing resolution
RESOLVED, that. under the provision,
Of the Act OF May I, 1881. the Capital
Stock of this Association he increased In
the sum OF 90 900 900. making the total
capital 5000. 000. said increase shau es
made by a stock dividend from the un-i
divided profits or the Bank. and to vote
upon such other matters as may properly
be brought before said meeting
BY order ~ tho Beard OF Directors.
WILLIAM y CABLE IR CssNls-
The New York herald., 1922-05-23
BurIap Prices Hold Firm.

The local burlap market opened this
week quiet but It's prices held firm.
Buying was small. Bag interests con-
unued TO follow the market closely
but withheld from buying. Cables from
calcutta received by local burlap bro
kers tod OF heightened activity in the
market there. Prices were advancing,
according to last reports.
The New York herald., 1922-05-23
Cotton states Merchant. to Meet.

The tentative dates of the Cotton
States Merchants Associations conven-
tion, which will be held In Memphis,
have been fixed by its executive COM
mittee as August Is to II, inclusive. The
association has membership OF about
10000 and it is expected that during
the convention. 1000 or 5000 will at
tend from States not far from Memphis.
The New York herald., 1922-05-23

NOTICE or ANNUAL MEETING.
Notice is hereby given that the Annual
Meeting OF The Stockholders OF The Inter-
national Nickel Company will be held AT the
principal office of the Company, AZ Constable
Hook Bayonne, New Jersey. on Tuesday the
10Th day OF June. 1922 at eleven o'clock
IN the forenoon. for the purpose Of eiecting
five directors 20 hold office for three years
and for the transaction OF such other busi-
ness as may come before the meeting. IN
clutiuB considering and voting upon the ap-
aud proceedings OF tho Board OF Directors
and OF tho Executive COMMITTEES of this Com
pany since tho last Annual Meeting OF Stock
holders, as set forth in the minutes of tho
Board of Directors and Of said Committed
which win be open to examination by stock
holders of record during business hours. nj
the New York city office OF the Company.
OF Wall Street.
Ey order of the Board of Directors
JAMES T.. ASHLEY. Secretary.
Bayonne, New Jersey, MAY lst, 1922.
The New York herald., 1922-05-23
West Shor3
lst As 23ol
W@thso Et
ss 1871

VAL r RLEDv
ref A AIS 90
.6sl2
Whe g. Lake J.
con As l94e
l......73l2
Wiki & East
lst IS 1912
The New York herald., 1922-05-23
TO REDEEM U. $. CERTIFICATES

wAsHINcroN. May %. - Secretary
Mellon authorized to-day Federal Re-
serve banks 10 redeem In cash at par
and accrued interest, before June IS.
Treasury certificates OF Indebtedness Of
the series dated June IS, 1921. and De-
cember Is, 1921, both maturing on June
is, 1929,
The New York herald., 1922-05-23
DIVIDENDS AND INTEREST.
TrXAs GrIF SULPHUR COMPANY

A quarterly distribution OF One Dollar per
share has been declared by the BOARD os
Directors. payable on June II, 1927. 70 stock
June 7. 1929.
Stockholders viii be advised later a. 20
what portion ~ this distribution Is from
Free Surplus and what from Reserve for
Depletion. and tho company has been adj
yised that the portion from Reserve for
Depletion Is probably not subject TO Federal
Income Tax.
II. +. J. KNoBLocH. Treasurer.
The New York herald., 1922-05-23
NOTICE OF SALE.

TAKE NOTICE that on the 3ist day Of
MAY. 1922. at 1880 o'clock z. NJ. at tho
Exchange Salcsroom, No. li-i6 Vesoy Street,
Borough OF Manhattan, city, County and
State Of New York. tho undersigned VIII
cause to be sold at public auction, TO tho
highest bidder, through Adrian II. Muller a
Son. Auctioneers, three hundred (3O0) shares,
class "a" Trust Certificates, OF the San
Telmo Cigar Mfg. CO., each OF which shares
havc a par value OF one hundred C1o0) dol
lars, which certificates we're pledged by tho
owner thereof. Marc Haas. with the UNDER
signed, as security for his note payable IN
the sum of Twenty thousand go OoD dollars,
which note was due on the 10th day of Feb.
ru0ry. lO22. and which remains unpaid
Dated, May 10th, 1922.
JOSEPHINE Il. wEISKOPF.
SAMSON SEIIG.
Attorney for Josephine y. Weishopf,
No. 211 broadway,
Borough Of Manhattan,
City of New York.
The New York herald., 1922-05-23

Spot cotton good business doing at Is
points decline: middling. 11.s0d. sales 10000,
American 10, 900. Exports $4,000, American
II 900. Futures opened quiet, 1S 10 % lower;
closed firm. , higher 10 lower. May. 1l.N3;
January ii rs: March, 1114. Manchester
Yarns steady; cloths fair business doing.
The New York herald., 1922-05-23
GERMAN MAIZENA, co. FORMED,
5o,ooo.OOO Mark. Concern Has
American and German Capital.
speeiai cable 10 THE Nrw yoKK IIEsA~.
Copyright, 1921, by TIE Nsw York HERALD.
New York Herald Bureau.
pcriiD. Nav 90. I

American and German capital have
Joined In tho forming of the German
Maizona Company. with capitalization
OF 10000. 900 marks, and German busi-
ness circles are highly pleased. The
principal shareholders arc the Corn
Products Refining Company of New
York and the Dresdner Bank.
The object Of the corporation, which,
heretofore, has been wholly German, IS
wholesale corn dealing and the exporta-
tion of by products. The American
members, directors of the New York
flrm. are George s. Mahana. president
OF tho Corn Products Refining Com
pany; G.. NJ Moffet. w. J. Fisher and
Walter Dircks.
The New York herald., 1922-05-23

with prices that the consumer will pay
for fall and winter merchandise In
evitably will result in further reduction
of their nominal profits, it was said
The New York herald., 1922-05-23
CHICAGO PRICES.
80. 100 100 13.5 13.
NEW YORK PRICES.

WHEAT-No. . red. $1.40lk No. 2 hard.
Sl.41ia No. ] Manitoba, 81 .53A No. mixed
durum, 81 42k c. (. track n. Y. to arrive
CORN-No. . yellow and No. . white. sOc. !;
No. mixed. 79isc. C. !. Z. n. Y.
OATS-No. white. 50c.; No. 3 white, 4s1
4sl2c.; No. 4 white, 47I471c.; fancy clipped
white, 56q5Sc. ordinary clipped white. 52a
bic, all elevator.
RYE-No. 2 Western. S1.1sN Z. o. b. and
F.1IA c. |. Z. n. Y, export.
EARIEY-Malting, 77k@S1kc. c. |. Z. n. Y
HAf-No. 1. s31M32; No. ., S29431; No. j
S2642S; shipping. $24626 per ton.
The New York herald., 1922-05-23
BID AND ASKED QUOTATIONS

N. Z. STOCK EXCHANGE QUOTATIONS.
=, the following prices accrued interest
Is TO be added:
FOREIGN GOVERNMENT AND MuNIC-
1pAI. EOND2.