davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-04-15
WOOL.

BOSTON. April 1.-THE Commercial Bpl-
lctin will say tomorrow: Demand for wool
has been still within ma rrow compass. al
though trading appears 10 have been rather
more general. f'rces are stendy. In the
West a ltlc more wool has been taken In
Arizona at fully NJ clean landed basis. In
terost IN goods has been aroused by the
announccmcnt OF the American Woolen Coni-
pany advancing prices on woolcn cloths 10
to Is cents yard, In cons soucncc OF the ad-
vance In raw wool. Worsteo cloths have not
been changed The strike situation among
the mills IL unchanged. The trade has been
busy figuring the effect of the proposed
Senate tariff bin should II be passed into
law. Generally. the opincr OF the trade
some and impractical. Tho foreign markets
are active and firm
Tho Commercial Bulletin VIII publish
tomorrow wool prices as follows: Domestic
Ohio and Pennsylvania fleeces: Delaine.
unwa shed, 4GSDlTc. fine unwashed, "a ~ 3sc. (;
q blood combing. 4oc.: r. blood combing.
31n30c Michigan and New York fleeccs: {:
Delaine unwashed. A3a44c. fine unwashed,
34d35c: u blood unwashed, 3I13sc.; X
blood unwashcd, 36sJ37c.: 4 blood unwashed,
36c. Wisconsin. Missouri and average New
!. blood. SIC. Secured basis--Texas; Fine
~ months. 1.0J; fine months. e0c. Cali
fofnia: Northern. SiO5: middle county
pac southern, soc. Oregon. Eastern No.
staple Si.0jlsi.10. fine and fine medium
ccmblng. 81: eastern clothing. Soc: valley
No l. a0c. Territory. Fine staple choice
ST .05TSi.tO: "a blood combing, 05c.dSl; x
blood combing, Toe: u blood combing, 62fD
&c. Puiled--DeIaine, 81 .0j; AA, g5c.. A
supers. S0G90c.. mohairs, best combing,
3ia31c.; best carding. 23G26c.
The New York herald., 1922-04-15
BUSINESS IMPULSE IS
TOWARD RETIREMENT
More Confidence Appears De-
spite Strike.

The state OF trade evinces a general
tendency toward Improvement in the
face OF obstacles, according to current
reviews published by Bradstrcets and
n. q. Dun & Co. The latter says:
Further strengthening of confidence
has resulted from the accommodating evil
dences OF business recovery. Each week
adds something TO the gains previously
recorded and strictly seasonal Influences
do not wholly account for the current
betterment After protracted period
Of restricted demand 1t Is manifest now
that various buyers are beginning to
replenish depleted supplies OF merchan-
disc and that future requirements are
entering more largely into calculations.
While prudent action is still the prevail
ing policy. a lessening hesitation il
clearly dscernible In different quarters,
rejecting Improvement In sentiment and
statistical barometers measure expansion
OF actual operations. Supporting other
proofs OF business revival, bank clear
ings and railroad earnings make more
favorable comparisons. building permits
are Increasing in number and value and
steel output and untitled orders have
enlarged appreciably."
Bradstreets says: The general I'm.
pulse Is In the direction OF Improvement
and retail trade and industry generally
are better despite rains. bad country
roads and strikes. The situation is nec-
essarily so irregular that the character
ization OF spotted perhaps best expresses
the general outlook. As TO weather con-
ditions II might be said that the rains
at the West, whllo delaying crop work.
holding down spring retail distribution
and flooding the country's streams and
iowlands. have their compensations az
tending to greatly improve future crop
and soil conditions. The strikes, how
ever. especially that OF the coal miners.
involving the voluntary idleness OF ESQ.,
oO0 men, Is virtually tax on industry
as a whole just as truly as are failure
and fire losses and constitute a menace
20 All trade and industry at time when
nearly all other prospects are pleasing"
The New York herald., 1922-04-15
FINANCIAL NOTES.

Sherwood 4 Merrlfied have issued list OF
bonds of New York municipalities, tax ex-
empt IN this state being sold on bases 70
yield 20 ~ per cent. and legal investments
for savings banks and trust funds In this
State.
J Homer Piatten Of the American TX
change National Bank has been elected as
sistant treasurer Of the Motion Picture Pro-
ducera and Distributors Of America. Inc,
tlcs OF that position in tile corporations Of
flccs, Guaranty Trust 1luildlng. So Fifth
avenue, AZ Forty-fourth street.
The Irving National Bank has been an
pointed trustee under n trust agreement Sc
curing OF sGOo, 600 Of Z per cent. sinking fund
twenty years rcfunding gold notes OF the
Pouch Terminal, fnc
The Central Union Trust Company Of New
York has been appointed transfer agent for
30 600 shares Of the Class and 1000 Of
icles OF America Picture Corporation.
The New York herald., 1922-04-15
High Foreign Prices.

I'm view Of the fight being waged In
Washington over the valuation clause in
the pending tariff bill 1t is interesting
to note that buyers returning from
Europe say that merchandise prices
there in the main are high. Purchases.
therefore, are restricted. The fear that
a tariff based on foreign valuation would
demoralize domestic industries appears
to he losing much OF its force in view of
rising foreign prices. Should they con-
tinue to advance, it Is claimed. the adj
vantages Of foreign buying would be
eliminated automatically. The opinion
that until merchandise can be bought on
lower basis in Europe the chances are
that purchases of foreign merchandise
will decrease gradually prevails.
The New York herald., 1922-04-15
OFFER s2.o4o. 900 CAR TRUSTS.

Hemphil. Noyes & Co.. Cassatt & co
and Freeman & Co. have bought from
tho Director General Of Railroads $685.
400 OF the Wheeling and Lake Erie
Railroads equipment trust per cent.
gold notes. to mature in equal annual
Installments on January u. 1928 to jan
uary IS. 1895. inclusive. The notes are
TO be offered on a $40 per cent. basis for
their 1929 maturity. on $50 per cent.
basis for their 1924 maturity. on o $50
per cent basis for their 1926 maturity.
on $40 per cent basis for their 1926
maturity, on a $50 per cent. basis for
their 1927 TO 1899 maturities. and on 4
$40 per cent. basis for their 1894 ana
1875 maturities.
The New York herald., 1922-04-15
PROPOSALS.

PROPOSALS. for steel cable. bronze bars,
rubber.ttred wheels and casters, pneumatic 10
and solid rubber tires, Inner tubes, ethyl ei-
cohot sheliac. checsecloth and yellow pirs
or Douglas fir bov-carstJiug.- Sealed propo-
ais viii be received ~ the Ssflce or ia
General Purchasing officer Tho Panama
Canal, Washington. ~. G., Until ~ 30 o'ciors
win be opened III public. for furnishing tho
sbove mentioned articles. Blanks and infor.
nation relating 20 THE Circular f4ID MAY
the assistant purchasing agents. - state
street. New York City. Gil Gravier Street.
New Orleans. La; nnd Fort Mason. san
Francisco Caiif.t also from the United
states engineer offices IN the principal citlas
firoughou, The United States.--A j.. FLINT.
General Purchaeing 9ffirer
The New York herald., 1922-04-15
ELECTIONS AND MEETINGS.
THE CHESAPEAKE AND OHIO RAILWAY
COMPANY.
rIcE or ANNUAL MEETfNC

NOTICE or ANNUAL MEETING.
Richmond. virginia. February IL. 1922.
NOTICE is HEREBY GIVEN that tbs
Annual Meeting OF the Stockholders OF THO
Chess pcake and Ohio Railway Company Will
be held, as provided In the bylaws. az the
general office of the Company IN the City or
Richmond Virginia. on Tuesday, tile 1sin
day ef April 1922. at eleven o'clock A. II.
fi) for the election OF directors;
t2l 70 approve. ratify and confirm such
ACTON heretofore taken or authorized hv
the Board or Directors or by the Executiva
COMMITTEES OF the Company, whether pur-
suant 20 any previous authorization By tna
Stockholders or otherwise, as may be sub
misted TO the meeting, and
t3J 10 transact such other business as
may lawfully come before the meeting.
The stock transfer books VIII be closed az
the office Of the Company. No. 81 Broadway.
New York City, Oh Friday. the 2tth day %
March, 1929. AZ three o'clock o. M. and wiz
be reopened on Wednesday, the 18th day OF
hpril. 1922. at ten o'clock 9. N.
Py order OF the Board OF Directors!
A. TREvvETT. Secretary.
The New York herald., 1922-04-15
FAILURES DECREASE TO Sic.
West Only Section 10 Report In
crease In This Week.

a decrease in tho number OF fall
urcs IS shown this week compared
with that Of last week. according TO
r.. G.. Dun e Co. For this week 5l6 in
solvencies were reported. In the last
week there were $50 defaults and in the
corresponding week IN 1921 $50. The
West Is the only section to show an in
crease this week.
OF this weeks failures 3i7 had liabili-
ties Of 5000 or more, or 6if per cent
Last week the ratio was 59.2 per cent
and the number OF similar failures 333.
and in the corresponding week IN 1921
the number Of similar defaults was ISL
and the raio was sis per cent.
The New York herald., 1922-04-15
DETROIT EDISON EARNINGS UP.
Reports Increase OF ~ Per Cent. in
First Three Months I'm Year.

The Detroit Edison Companys net
earnings after its interest charges in the
first three months ended with March 81
were st.23S,9s6. an incfcase of more
than 27 per cont. compared. with those
of three months ended with March 81
1921. It's gross revenue in the former
period was s6230,6s9. an increase of 81
per cent. and its operating expenses and
taTes decreased about per cent.
During the first three months OF 1922
the company appropriated for deprecia-
ton reserve and charged 10 operating
expenses sS1s.000. in contrast to $780,
900 similarly appropriated in the first
three months of 1921.
The New York herald., 1922-04-15
RECEIVER FOR SAVINGS BANK.

AUGUSTA, Me-, April 14.--Joint receiv-
ers for the Belfast Savings Bank. which
closed its doors on March 25 because OF
inability to pay dividends or 4 per cent,
we're appointed to-day. Chief Justice
Leslie c. Cornish named Robert +. Dun
ton of Belfast, a former State Bank
Commissioner. and Carleton Z. Merrill.
treasurer OF the skowhegan Savings
Bank. The banks deposits approximate
1900. 600.
The New York herald., 1922-04-15
UNION EARNS MORE.
Reports Net Increase OF S234,O32
I'm First Quarter of 1922.

The Western Union Telegraph Com
pany reports for the first quarter Of
1922. March being estimated. net earn
ings OF s2.1o2.9so. or about s2.1l a share
earned on Its outstanding capital stock.
In contrast to sf.S6s.o4S earned in the
corresponding period Of last year. or an
increase Of s234.032.
The companys gross revenues were
s24,1S5.227, against $26.225.07o. Charges
for maintenance. repairs and deprecia-
ton were s4.220,5G0. against s4.483. 1876
and other operating expenses $17,2Si.>
975. against s19,539.96i. Interest
charges were s576.712. in contrast to
S332,962.
The New York herald., 1922-04-15
BELL SYSTEM SHOWS
GAIN IN NET EARNINGS
Reports Larger Business in
First Quarter of 1922.

The volume OF business OF the Bell
system shows increases in certain sec
tons which reflect an improving bust
ness situation, said II. ". Thayer, presi-
dent of the American Telephone and
Telegraph Company. yesterday in a let
ter addressed TO It's stockholders with
the announcement OF the companys
earnings in the first quarter OF this
year
The chief items OF its income account
for the three months ended with March
81 contrasted with those OF the CORE
spending quarter of 1921 as follows.
The New York herald., 1922-04-15
EXTEND REDEMPTION TINE.

WASHINGTON. April 14.--Secre'ary
Mellon extended tonight from April is
to May Is the authority granted reserve
banks TO redeem at par and accrued in
terest ~ per cent Victory notes up to
an aggregate amount OF st00. 900. 900.
The Treasury already has offered 10 re-
deem 3% per cent Victory notes called
for redemption on June Is. 1922. before
that date
The New York herald., 1922-04-15
TO Elect Credit Officers.

Election of officers OF the Associated
Retail Credit Men OF New York City will
take place In dinner meeting in the
Aldine Club on April 10. In addition to
reports of the retiring officers for the
las year an address by G. ID. Van Horne
ON Psychology as Applied to Business
Executives" will be given. The annual
reports will be of special interest as in
tho last year the association moved into
larger quarters and the reference clear
ance bureau has been In operation.
The New York herald., 1922-04-15
| n. q ". VALUATION s2s4.rse.sre

WASHINGTON, April 1.-THE tentative
valuation OF 234.1ss,s16 for the Boston
and Maine Railroad system was found
to-day by the Interstate Commerce Com
mission. IL represents the total value
Of the road and its numerous subsidiary
properties. The commissions value OF
the Boston and Maine corporations
property was s101.770.9s7. The com
pany's own book values. the commission
reported. were sso.653.s60. OF which
s5s,S27,o00 was road and structures.
Equipment and rolling stock were s3O.-
100000
The New York herald., 1922-04-15
TO THE STOCKHOLDERS OF THIs
PENNSYLVANIA COAL AND COKE

Take Notice that the annral meeting OF
me stockholders % the Pennsylvania Coat
and Coke Corporation viii he held at tha
nrlnCipsi office of eald corporation on the
18th floor of the Land Title Building n th@
CITY of Philadelphia. Pennsylvania. on the
lat day Of May. 1879, at two-,nirty O'Clock
In tte afternoon for The purpose of eleciinx
4 board OF nine directors 20 serve for ore
year. and FOR the transaction of any and ell
other business mat may come before said
meeting
Dated. April I, 1922.
ALBERT 81 EDWARDS. Secretary
Pennsylvania Coat and Coke Corporation.
The New York herald., 1922-04-15
Sale Of Mechanical Pencils.

Contrary to what might be expected,
sales of so-called mechanical pencils
have had no noticeable tendency to de-
crease sales OF wooden ones. One Of
the largest manufacturers in the coun-
try reports that the advent of the former
device has created a new field for pen
ellis without detracting from their orig
inal use. 1t Is pointed out that the
office worker, although he may carry
a mechanical pencil when outside of his
office. continues to use wooden pencils
for office work.
The New York herald., 1922-04-15
Announce Carrier Rates.

OF interest to underwear manufac-
turers is the announcement of reductions
in carrier rates on underwear from
Eastern points to the Pacific coast The
reduced rates will be made effective
when the lines east Of Chicago and the
Mississippi River announce their con-
currence in the rates affecting their ter
ritory. Under the new schedule rates
will be reduced to 50 a 100 pounds, the
present rate ranging from $685. from
New York to $30S1a from Cincinnati ter
ritory.
The New York herald., 1922-04-15
AMERICAN PORTS.
INV NfniI.1

norr.o, March 3i-sailed. ctr chickasaw
CITY. San Carlos,
TonTIANp, Nc. April i2--saiicd srhr
" 1linm Booth New York for Nlnaihavcn.
SABINE. TIES, April ln--sailcd. str Japan
trro,e. Atlantic ports thas also been re-
prrted sailed for tho Far East).
TACOMA. Wash. April a--Salcd. SIR Iai-
,ho Maru tIapl. Yokohama. &C.
The New York herald., 1922-04-15

Rich MoNp. Va. April LITTLE fse-
serve Bank OF Richmond announced to-
day that It's discount rate on all classes
OF paper for all maturities had been
reduced from per cent. to Az per cent.
The reduction is the third since Novcm-
ber 3, when the rate was per cent.
The New York herald., 1922-04-15

az Includes Chase Securities Company
Includ
Title Mortgage Company
See New York and
325 Now 500.
National November, 1921.
as o December,
~ as of February
o. October 81, 1921
include figures National City Company.
(o) See Mercantile National Bank .
Formerly Mercantile Trust Company will with scaboard
(Il Capital
Capital
made 500
sorbcd Metropolitan Bank
Capital Increased from s.. 500 600 February 1921
Capt. from 100000 February, 1921
The New York herald., 1922-04-15
FLORAL PARK bonds OFFERED,

sherwood & Merrifleld are offering
100000 OF 4ls per cent. road improve
ment bonds OF the village of Floral
Park, Nassau county, Long Island,
dated May l. 1929. and to mature In 1927
TO 1916. inclusive. at prices to yield 40
10 4.3O per cent.
The New York herald., 1922-04-15
DIVIDENDS AND INTEREST.
READING COMPANY
f.r-~ai nfgtao n.n A1nu TarR.f..uJ

Philadelphia. April L.. 1922
The Board OF Directors has declared from
the net earrings quarterly dividend OF two
per cent. t2ge) on the Common Stock OF the
Company. 70 be paid on May H. 1879. TO the
stockholders of record at the close Of bust
ness. Auri 49, 1922 Checks VIII be mailed
70 stociholders who have filed dividend or
ders with the Treasurer.
JAY v. HARE. Secretary.
The New York herald., 1922-04-15

An advertisement. o. the Lost ard
Found columns of THE NEW YORK.
HERALD offers . 'rut possibihfy cf
recovering gom ios! property
The New York herald., 1922-04-15

Referring TO the widespread activity
IN radio telephone. broadcasting OF mu-
sic, entertainment and news. Mr.. Thayer
said that the American Telephone and
Telegraph Company was keeping AZ the
forefront in the development OF radio
telephony.
The New York herald., 1922-04-15

UNITED STATES ENGINEER OFFICE.
NORFOLK. ya.--scaled proposals win bs
received here until " Nj, May -, 1922 ana
fhen opened for constructing plotting room
and switchboard room. Fort story. Cars
Henry, VIA. Further Information on app.
cation.
The New York herald., 1922-04-15
CUSTOM Horsr nEcrrrrs.

noreIpts for duties nj the Custom House
Yesterday wero $lsG.3Si.if. OF which SILL
100 as wns for merchandise Withdrawn from
bonded warehouses and siii,oss.i6 for re-
cent importations.
The New York herald., 1922-04-15

NOTICE hereby given loss OF five Canadian
Pacific Railway Bonda 100000 esch 6s
due 1924. Nos. M-fss932 inclusive,
registered In name Cape Ann National Bank,
Gloucester Mass. Dealers cautioned against
negotiating same. Application lnaae TOT
Duplicates. Notify National Surety Com
pany. 1f5 Broadway. New York City.
The New York herald., 1922-04-15
wash Goods sales Disappointing.

II summary of the wash goods busi-
ness done this season should be made
IL would be disappointing. The sale of
printed ratines and rough faced mate
rials similar to tweeds have been the
only two good points about the situation.
Aside from those factors, however, the
general dullness has been unusually pro-
nounced. stage in which converters
are afraid to operate has been reached.
In addition, the fact that unusually
warm weather has prevailed in the
greater part of the last two weeks has
made converters unwilling to make COM
mitments for fear of being caught with
large stocks of unstable goods. A few
have been playing ratlnes heavily, but
conservative factors are operating more
cautiously.
The New York herald., 1922-04-15

NOTICE hereby given OF lost certificate 100
shares Pacific OF Company No. 3596o regis
tered in name OF Clark Chds Co. Trans
fer stopped. Application made for duplicate.
Notify National Surety Co. Id Broadway.
The New York herald., 1922-04-15

{6) Capital asei ifroms April
Capital increased be
creased to 81 OO00O0 Mercantile
(S) Capital Increased $500
(gl Capital increased from
Capital
Rdgewood National " ' - 80
D Capital from per
December. M ~ -
- n - '
February 1922 took over
(1d Capital
receiv ed increase dividend 33Ia
5 Capital increased from s0o00oo0 February
yl6 Organized and opened November. 1921
I'D Capital
- - 80
TO q to April 1922
(ic Capital from Febrnary ip2.
1922
received 100 stock dividend.
CID Capital to be increased 100000 lay
The New York herald., 1922-04-15
BUSINESS NOTES
AND TRADE NEWS
Dealers Predict Banner Easter
Sales at Retail--Preparing
for Liberal Buying.

Easter sales in retail stores have
shaped themselves for banner achieve
ments, local dealers assert. The op-
timistic feeling obtaining in the trade
has had it's effect on manufacturing
centers. Apparel men. particularly. are
said to be making preparations for lib
eral consumer buying in May. and IL
weather conditions be favorable many
to be balanced. Large stocks will be
carried during the summer. IL is said.
and although prices are not expected to
advance the volume of business done
pr badly will be larger.
The New York herald., 1922-04-15
UNITED STATES TREASURY STATEMENT.
i the close or business April ~. 1922.

. NEW YoaxH Hrsnp.
New ork Herald Bureau
c.. 4
Wntnaua AufC
The New York herald., 1922-04-15

THE Amherst National Bank OF Buffalo.
located at The City OF Buffalo, In the State
OF New York, is closing ITS affairs. All
note holders and other creditors OF the as
sociation are. therefore. hereby notified 20
present the notes and other claims Zoe pay
meai.
Dated January 20, 1872.
s. J. URBANsKr. Cashisr.
THE broadway National Bank os buffalo,
located At tine City OF Buffalo. In the State
OF New York, IL closing It's affairs. All nots
holders and other creditors OF the associa-
tion are. therefore. hereby notified to pre-
sent the notes and other claims for payment
Dated January 90, 1922.
JOHN A. STACfIowIAl<. Cashier.
The New York herald., 1922-04-15
Elk DIVIDEND TABLE.
DIVIDENDS.

Stock Of Pay.
Record able.
EXCHANGE Buffet Corp. stock.
NnNrp4ss*.8s :
Exchange Buffet Corp, soc Apr. 30 Apr 90
The New York herald., 1922-04-15
RICHMOND RESERVE RATE CUT.

Holiday ii canada. Montreal funds In New
York 23.To per $1,000
The New York herald., 1922-04-15

Revenue receipts and expenditures at the 4
The New York herald., 1922-04-15

March e e@
The Appeal., 1922-07-08
Good Refreshments

The Sterling Club will tender d:
public testimonial to the graduates O.
all the schools at St. James A. M. E
church tomorrow night at 8 O'clock
A special program has been pre-
r pared for the occasion. The public
cordially invited to attend.
| THE COSMOPOLITAN GRO.
Gerry, 558 St. Anthony, has beer
taken over by ]. H. Webb who will
conduct first class store, containing
everything in the grocery line. Pur.
chases promptly delivered. Your
patronage is solicited. Tel. Dale
4417.
The clothes renovating establish.
| ment known as "The, ,Pantorium, D
Messrs. John Walton and A. Wright
proprietors, have moved about a half
| block north on Wabasha street, to
SAT. They are better than ever pre-
pared to take care of your clothes.
Go try them.
Gentlemen will find the NEW PAL
ACE BILLIARD PARLOR and BAR
PER SHOP, John E. Ellis, proprietor,
No. 9 West Third street, a good place
to have tonsorial work done and also
to spend leisure hours. Public cor
rally invited. Phone Cedar 1885,
Advertisement.
Rev. ]. Francis Wilson, sHarrods-
burg, KY, delegate to the National
B. Y, P. U. was here last week, he
was domiciled with Mr.. B. F. Ed
wards. 244 West Central avenue.
Rev. Wilson spent two years in
South Africa in the mission field un-
der the auspices Of the Missionary
Baptists.
The funeral of Mr.. Aaron Payne, a
prominent citizen, was held at Me-
mortal Baptist church, Wednesday at
2 o'clock, under, the auspices of Mars
Lodge and Past Grand Masters
Council, G. U. o. o. o. F. The fu-
neral services were conducted by the
pastor, Rev. Harris, assisted by Rev.
Harris Of Pilgrim, Simpson and
Wills, funeral directors.
Mrs. J. R. White, New York city,
was guest of honor at a reception
given July 4th from 2 to P. M, by
ladies Of Biddle Circle, G.. A. R., at
Welcome Hall. Miss Missouri An
ueLSOIl WIS ClfdlIIIldu Ol iGCeptlOIl.
Speeches were made by many of the
guests. Mrs. White was presented a
book Of poems and a beautiful bou-
quet of flowers.
The SYKES -sYDEs-FORD CO.,
formerly located in Court Block. has
moved their establishment to 916
University Ave., corner of Milton,
where they have large brick, mod
ern building. They will manufacture
their own goods. They also have the
SUPERIOR BEAUTY PARLORS at
the same place, with expert attend
ants and ask the ladies to call. Scalp
treatment a speciality. Miss Susie
Wilson has charge Of the hair de-
partment. The Superior System will
be taught to those desiring to learn.
Tel. Dale 5104.