davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-01-19

I" HE PRESIDENT ana MIS-. HARD
ing will entertain at dinner
= tonight in honor of the
chiefs of the diplomatic missions
established in Washington. This
will be the first diplomatic dinner
since the early days OF the war.
when II was necessary to divide the
corps into two camps-the repre-.
sentatives of the allies being asked
to one party, the ENJOYS of the en-
tente powers to the other and the
neutral diplomats being included at
both.
So large is the diplomatic group
now that only a few guests have
been asked to meet them. Presum-
ably the Secretary or State and
Mrs. Hughes will be present and
possibly other officials Of the State
Department. There will be some
eighty guests all together. A mu-
sicale program in the East Room
will follow the dinner.
7 Asst evening the President and
= Mrs. Harding were entertained at
dinner by the Secretary of the Treas
sury, Andrew w. Mellow, very
distinguished company Of guests
being asked to meet them. Miss
Ailsa Mellon presided at the dinner
as her fathers hostess.
The guests were the Governor Of
Pennsylvania and Mrs. Sprou', Sen
ator and Mrs. Joseph s. Freling-
huysen, the Under-Secretary of State
and Mrs. Henry p. Fletcher. Mrs.
Marshall Field. Mrs. Frederick Keep,
Mr.. and Mrs. Henry White, who
came from New York for the occa-
sion; Col. and Mrs. Clarence o.
Sheriff., Mr.. and Mrs. c. c. Glover,
Mr.. and Mrs. Irwin Laughlin, Mr..
and Mrs. ]. Horace Harding. OF New
York; Mr.. and Mrs. Benjamin f..
Jones. Mr.. and Mrs. Richard B.
Mellon, Col. and Mrs. James EcCrea,
of Pittsburgh; Col. Henry A. du
Pont and Mr.. Eliot Wadsworth, As
sistant Secretary of the Treasury.
THE dinner last evening was the
L second Of the series of Cabinet
dinners for the President and Mrs.
Harding. The Secretary Of State
and Mrs. Hughes have already en-
tertained and the others will be
given at the rate Of one q week
from now on until the Cabinet list
Is exhausted.
The Secretary of War and Mrs.
Weeks are next on the list accord
ing to the law Of precedence and
are scheduled to entertain next
Wedn esday, January 25.
The Attorney General, Harry
Daugherty will be host to the Presi-
dent and Mrs. Harding on Febru-
airy 1. The Secretary Of the
Interior and Mrs. Fall will enter
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-01-19

Chase, Nd, and Pleasanton Coombe
Bowie were married yesterday at.
noon. The ceremony took place In
the First Methodist Church Of Chevy
Chase, Nd. and was followed by a
breakfast at the home of Mr.. and
Bowie II q former resident Of Prince
Georges county. Nd, but Ia now In
business In Washington and he and
his bride will make their home here.
The Rev. J. Luther Neff officiated
at the wedding. The bride, who was
given In marriage by her father, was
attended by her sister. Miss e. Ruth
Adams. az maid of honor and one
bridesmaid. Miss Edith Slime. The
bridal party also included q flower
girl. little Miss Alice Fieeny.
The maid Of honor and the brides.
maid were dressed alike in gowns Of
pale gray satin and wore black tulle
hats trimmed with silver. They carried
sunset roses. The flower girls frock
was Of white tulle over silver cloth.
The brides costume was Of electric
blue brocaded chiffon, with q picture
hat to match, and she carried q shower
bouquet Of bride roses and lilies Of the
valley.
George Plummer was best man for
Mr.. Bowie, and the ushers were Donald
H. Adams. brother of the bride, and
william Plumb.
The church was effectively decorated
with palms, ferns and narcissi, and
quantities of Killarney roses were used
at the house.
Among the guests here for the wed
ding were the brides grandmother.
Mrs. John w. Adams, John II. Adams,
and Miss Margaret Adams. all Of Bal.
timore.
Upon their return from their
honeymoon In New York Mr.. and Mrs
Bowie viii be At home at Beverly
Courts.
Mr.. and Mrs. Edwin 8. Fuller had
q dinner last evening for q company
Of ten, Bishop Hamilton and Senator
and Mrs. Seiden p. Spencer being
among the guests.
Mrs. Fuller viii be hostess at
luncheon next Wednesday, the party
being the first Of q series she Is
planning.
Mrs. william d. Conner and her
guest. Mrs. Newton d. Baker, had
luncheon today with Mrs. William j.
Snow. and this afternoon the three
ladies win attend Miss Mabel Gar.
rison's recital.
DR.. c. q. vardeIl. presiden. Of
Flora Macdonald College. Is spend.
ing O short time in Washington In
the interest Of the college. He is
the guest Of Mr.. and Mrs. Angus
Mclean.
+ DR.. vardell was received yesterday
! by the President, and today by the
British ambassador. Sir Auckland
Brig. Gen. and Mr. ICharleh Z.
Sawyer entertained q company OF six
last evening at dinner at the " Hard.
| Last Nights Dinner.
Admiral Baron Kato entertained q
dinner last evening at the Shoreham.
The guests included the Secretary of
State, Charles Evans Hughes; Elihu
Root, Gen. John J. Pershing. Admiral
Robert e. Coontz, Willard Salisbury.
George Sutherland. Robert Woods
Bliss, Rear Admiral W. L. Rogers,
Jonn W. Garrett, r. X. Nelson.
Samuel Gompers, Charles p. Ander.
son. DR.. James Grown Scott, ].
Reuben Clark, Prof. George G. vii.
son, John Van A. MacMurray, Ed
ward Bell. d. c. Poole, Mr.. Hanohara
T. Matsudaira, Maj. Gen. X. Tanaka,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-01-19

tain on February 81 and the Secre-
tary of the Navy and Mrs. DENLY
on February Is. The date of the
Secretary Of Agriculture and Mrs.
Wallace's dinner, February %, has
already been announced.
q
The Congressional Club will give a
reception on Monday evening. jan
uary 80. in honor of the Vice Presi-
dent and Mrs. Coolidge, and will en-
terrain again on Monday. February
10, in compliment to the Speaker Of
the House and Mrs. Gillette.
Mrs. Coolidge was the guest of
honor at a luncheon today given by
Mrs. Breckenridge Long at her resi-
dence on Sixteenth street. There wero
thirty guests.
The Chief Justice and Mrs. William
Howard Taft will be the guests of
honor at dinner this evening of Major
and Mrs. Gist Blair. There will be
about seventy guests invited to meet
them.
Major and Mrs. Blair win be host
at a large dinner again on February 4.
-
Mrs. Herbert Hoover was the guest
VI lunCuoOh tOudN
given by Mrs. Ira Copley.
J. Pferpont Morgan, who Joined
Mrs. Morgan at Wardman Park Ho.
tel for short visit, returned to his
home In New York late last night.
Mrs. Morgan will remain at Ward.
man a few days longer.
|, -
Luncheon Party To-day.
Mrs. John Stewart McLennan enter.
tanned at luncheon today in compE
nent to Mrs. Sidney Small. formerly
~ Washington, and recently reelected
alderman In the city of Toronto.
The guests included the Russian
ambassador, Boris Bakhmeteff, Nine.
Backboss, Senator and Mrs. Pearce,
Sir John Salmond, Congressman anc
Mrs. Lewis rockingham, Mr.. and
Mrs. Chauncey Parker and Admiral Sir
Ernie Chatfield.
Mr.. and Mrs. McLennan entertained
at dinner last evening in compliment
to the Right Hon. Arthur James Bal.
four and Sir Robert Borden. The
other guests included the Polish Min.
lister and Princess Lubomirska, the
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-01-19
"A CHRONICLE or EVENTS
WITH SIDE IiGNIS on THE MEN
AVO WOMEN WHO WAKE UP
WASHlNGTONS. COMPLEX AND
INTERESTING SOCIAL LIFE
SOCIAL Lift

X. Debuchi. 8. Saburi, Captain No
'.nura. Captain Nagano. DR.. X.
Ichihashi. and X. Shlozah.
Senator and Mrs. Key Pittman en-
tertained at dinner last evening In
compliment to former Senator Charles
q. Henderson and Mrs. Henderson.
The other guests included Jonkheer
Won Blockland, minister plenipoten.
tiary Of the Netherlands; Senator and
Mrs. Oscar w. Underwood, Prince ana
Princess Cantacuzene. Mr.. and Mrs.
Walter Trent, Miss Italia Garibaldi,
Miss Josephine Patten, Mrs. Wfifred
Du /Puy, Major General Bethel, mill
tary attache Of the British embassy,
and John b. Henderson.
-
The Assistant to the Attorney Cen
eral and Mrs. Guy Despard Golf en-
tertained at dinner last evening at
their home In New Hampshire avenue.
The guests included the Chinese Min.
lister and Nine. SEE, Senator q. +.
Pearce, Of Australia, and Mrs. Pearce;
former Speaker Of the House, Joseph
@. Cannon; Miss Helen Cannon, DR..
and Mrs. Paul 8. Reinsch, Senator
and Mrs. Irvine L. Lenroot, Congress.
man Stephen q. Porter, Mr.. and
Mrs. Charles Warren, Mr.. and Mrs.
Ira Bennett, Maj. Gen. Enoch II.
Crowder. Mr.. Portyondo, Mrs. ]. L.
Loose. and Miss Louise Golf.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1922-01-19
DR.. Rowe Entertains

DIR. L. 8. Rowe. director general of
the Pan-American Union, enter tained
at luncheon yesterday in The annex OF
the Pan-American Union building In
Continued on Page l5)
New-York tribune., 1922-08-11
LIN Wall Street
Ryan and Stutz

Acquisition of control Of the Stutz
Motor Car Company Of America by a
group headed by Charles NJ. Schwab
and E. v. Il. Thayer, both of whom
have been known in the past as friend
ly to Allan A. Ryan, does not mean
that he is to renew his interest in that
company, according to Mr.. Thayer. who
denied emphatically yesterday that Mr..
Ryan was in any way concerned. Mr.
Thayer refused to disclose the price
paid for the stock, on the ground that
this was a private matter and that he
was interested in making as good cars
as possible and not in influencing the
market price" He was. not prepared to
say whether application would be made
to have the stock listed on the New
York Stock Exchange, but admitted
that it might not be sufficiently dis
tributed to warrant such application;
nor was he ready to announce the poll
cies or plans of the company, while
conceding that, in view of the recent
earnings record, some changes in the
program, and possibly some financing,
might have to be undertaken. Mr..
Thayer explained that the group that
has acquired control was not large, the
inference being that the Associates"
mentioned in the announcement are
men already identified with the COM
pany's affairs. Mr.. Schwab was out Of
town. His participation in the enter
prise is expected to be limited to an
advisory capacity. lending to it his
manufacturing experience.
New-York tribune., 1922-08-11
Mercantile Bank Adjustment

Organization Of the new Bank of
Central and South America, succeeding
to the business Of the Mercantile Bank
Of the Americas, is expected to be
completed next week. E. r. Stettinius.
Of J. P. Morgan & Co, explained yes
terday that it would take over the
shares formerly held by the Mercantile
Bank in five affiliated institutions in
Colombia, Peru, Costa Rica, Venezuela
and Nicaragua and that it's own shares,
in turn, would be held for the time be-
ing by the Mercantile. which would
cease to function as banking institu-
ton. The intention is to operate the
new institution for the benefit of the
creditors who have deposited their
claims with the banking committee in
charge of liquidation. The interest of
the old stockholders, as such, has been
in effect eliminated, but this fact has
already been recognized in the writing
off of losses.
New-York tribune., 1922-08-11
The Farm Implement Stocks

The crop movement is beginning to
occupy Wall Streets attention from
various angles. The effect of large
crops on general business has been
duly noted and discussed in broad
terms. Yesterday one of the leading
commission houses took up the subject
from the narrower viewpoint OF the
manufacturers of farm implements, and
the result was a suggestion to buy the
implement stocks. J. l. Case stocks
were introduced to the Stock Exchange
yesterday just in. time to fit in with
this harvest argument. This company
was said to be in good enough condi-
tion to go ahead handling a good busi-
ness without any new financing, its
bank loans being simply offsets to the
notes of farmer customers. Bullish-
ness on the stocks of any class of COM
pany supplying the farmers is a sign
Of the times. The mail-order stocks
are given credit for having broken
the~ice.
New-York tribune., 1922-08-11
Whut's Behind
Active Stocks?
68--Goodrich

Use of the commonly accepted
method for figuring stock equity
gives B. F. Goodrich Company COM
mon a tangible value of only $7.36
a share, whereas the stock is selling
around 81. This figure is arrived
at after deducting S125 a share for
the preferred-the redemption and
liquidation price-and after exclud-
will which were carried at $96.11 q
share on the common prior to 1920,
but were bulked with tangible as
sets in the December 81, 1921, ball
ance sheet.
The original Goodrich Company
was incorporated in 1870. 1t is now
one of the largest producers of tires
and other rubber goods. The 601 400
shares of common stock of no par
value are preceded by S37,224,00o of
Z per cent cumulative preferred, on
which dividends have been paid
regularly since incorporation of the
present Goodrich company in 1912.
The new issue of $20,000,080 6h per
cent bonds, floated for the purpose
Of retiring an issue of notes on Oc-
tober /, 1922, will constitute the
entire funded debt after that date.
On December 81, 1921, current as
sets exceeded current liabilities by
$48,231, 900. Net earnings of the
company in the 8A years ended De-
cember 81, 1921, averaged $7.08 .
share per year on the average
amount of common stock outstand-
ing. The common received dividends
os So in 1912, 81 in 1918, 81 a year
in the period 1s16-1s1s, and at the
rate Of So year during 1920 and
the first quarter of 1921. No pay
ary, 1921. Range of common stock
since 1912: High, SO 3-8 in 1919;
low, Is 1-8 in 1918; yesterdays close,
34la; low of postwar period, 2Shs
in 1921.
New-York tribune., 1922-08-11
Canadian Financing Program

Any thought that the Canadian gov
ernment might do additional financing
in this market this year in connection
with its refunding program was dis
PEELED yesterday by the announcement
by Minister of Finance W. S. Fielding
OF his purpose to sell on November
/ sufficient amount of FIVE and ten
year 5h per cent bonds to provide for
the payment at maturity on December
l Of s178,000,0o0 51as. The latter are
acceptable at par and interest to ma
turity for the new bonds, holders max
ing this exchange gaining a months
interest. The total authorized issue is
s35o,ooo,oo0 and subscriptions in ex-
cess of .the amount of the maturity
are expected to be taken. The bonds
are payable only in Canadian funds
Fixation of the coupon rate at 5hs
per cent, when the United States gov
ernment on its last issue of four-year
notes paid only An per cent, furnishes
significant commentary on the rela-
tive position of the two markets.
New-York tribune., 1922-08-11
Rails Continue
Firm as Other
Stocks Ease Off
Limited Scope of Prospec.
tive Coal Strike Settle
ment Associated With Fall
i'm Industrial Shares

strength Of railroad stocks in che
face of unfavorable DEVELOPMENTS in
'ne strike situation as the four broth
erhooas threatened to be drawn in yes.
terday dominated an otherwise uncer.
tain and sagging market. In the opin.
ION OF Wall Street, statistical d,snlavs
oeAring upon the position of the car.
r'ers' including good earnings record
Tor June, we'll sustained freight
movement and prospects of substantial
crops, more than Offset the Temporary
embarrassment of the strike and ac-
tive buying of many railroad stocks
resulted. The Importance Of The
movement was measured by a rise in
the average price of twenty represent
atlve stocks of this class from 1890
to 1905, while the average for thirty
industr'als was easing off SO point.
Ihe decline in the industrial shares
was associated with prospects for q
settlement Of the coal strike more
limited in scope than previously an
ticipated. Even the gain Of 100000
tons shown in the report Of untitled
tonnage by the United States Steel
corporation, contrasting with fore.
casts of less than 100000 tons. ex-
erted little influence to stay irreeu.
iarity, and the advance in call money
from per cent at the opening ia
per cent early in the afternoon con-
trlouted to the unsettlement of snecu-
latlve sentiment. In the bond market
the session was without event of mo.
ment, fluctuations being narrow and
without conformity to specific trend.
a loss Of more than $4,000, 900
through the gold settlement fund.
shown by the weekly statement of CON
dltion of the New York Federal Re-
serve Bank. revealed the basis for STIFF
lenlng in call money. Despite the ma.
chinery provided by the system. it is
inevitable that at this season thare
should be some shifting Of funds
westward, and this is apparently now
m progress. Otherwise the statements
OF the bank and of the system were
manly coEfiramatory of previous ten
dencies. With the dropping off of gold
imports gold reserves held practically
unchanged, rediscounts were brought
Gown to virtually the minimum since
oefiation started and circulation varied
but slightly. The ratios in both in
stances advanced, that for the hank
moving up from 86 to s7.s per cent.
that for the system from 1916 to 80.
per cent.
The foreign exchanges frmed after
q weak opening, but trading in this
market was so hampered by interfer-
ence with cables almost cutting the re-
lationship with European centers that
quotations temporarily were without
much weight.
Cotton. reacting against the recent
wave of selling, netted gains Of AZ to
81 points as buying turned upward and
news regarding the weather and trade
favored resumption of the advance.
Wheat fiuctuated irregularly, cover
ing by shorts giving closing quotations
firm tone at levels u to 1 cent above
Wednesdays final prices.
New-York tribune., 1922-08-11
Foreign Exchange Trading Hampered

Operations in the foreign exchange
market yesterday were limited by the
interference with cable service. Many
buyers and sellers were unwilling to
trade without knowledge of quotations
in the European markets, and these
were received only with extreme irreg-
ularity and generally were subject to
several hours delay. Dealings were on
much the same basis as when the
European markets are closed, with this
difference-that yesterday caution was
increased by the knowledge that quo
tations were being established abroad.
After a weak opening the principal
currencies developed moderate firmness
on the theory that some good results
might emerge from the premiers meet
ing in London. An incident was new
low quotation for marks at liz hum
dredths of a cent, but it could not
be ascertained that actual transactions
were effected at this rate.
New-York tribune., 1922-08-11
Money and Credit

Call money opened and renewed yes
terday at per cent, this rate being
established in recognition of the with
drawal Of out-of-town funds from the
market. A fair demand, however, found
the supply inadequate and before the
close the change was carried up to s
per cent. Time funds were quiet. as
bidders found it difficult to obtain
loans on q basis satisfactory to them,
Yester- Year
day. ago.
On industrial collateral.
On mixed collateral. ....
Time money (mixed collatera):
Ninety days ......4 @4A 86sM
Four months .......4 M4A sm3h
Four to six months. 4M@4H 86sM
Bank Clearings - Bank clearings at
New York yesterday were: Exchanges,
s61b,20o,ooo; balances, s65,300, 900.
Silver - London, SAID; New York.
domestic bar, s9Mc; foreign, esc; Mex
lean dollars, 52Ac.
New-York tribune., 1922-08-11
The Dollar i'm Foreign Exchange

Trading in foreign exchange, still
demoralized from interruption of cable
service, continued in small volume yes
terday, but rates moved over a wider
range.
Cable rates on London ruled firmer
as result of increased demand and
limited offers, an advance of as of a
cent being registered at the close.
French rates rallied above cents
after ruling easy earlier in the day.
Scandinavian rates were slightly
higher.
New-York tribune., 1922-08-11
transactions Yesteryi ay i'm Listed Stocks
Summary Of Stock Exchange Dealings
STOCKS
January 20 ania

Copyright. 1899. New York Tribune Incl
New-York tribune., 1922-08-11

ar January I to date
70 1s22 1921 1920
100 35,62t 400 2s sss geo az gag 500
90 12t.d7s 500 II e45 ,4co los. las 800
90 157,os6. 700 1o6, 6,e1o 900 142, ,474, 400
January I 10 date
Yrar m~o 1929 1901
$3,17s 600 s1.f7o $50 900 81, 1852 s5t 900
2,424.o .ooo 72t 655. 900 321 ,655, 600
4,s23 600 837 .2s5,ooo 414,735 COO
1926 900 2,72s, ,e2s 600 1899 2Af COO
The New York herald., 1922-10-05
SULPHUR CONCERNS
IN EXPORT COMBINE
Three Producing Companies of
L. s. to Form Association
Under Webb Law.

Announcement was made yesterday
that three sulphur producing companies
of the United States, the Union Sulphur
Company, the F'reeport Sulphur Com
pany and the Texas Gulf Sulphur Com
pany, have signed an agreement calling
for the formation of an export associa-
tion under the Webb law.
The agreement is the elimination OF
several months negotiations conducted
by representatives Of the companies con-
cerned looking to establishment OF an
export organization for the sulphur In
dustry In this country along lines some
what similar TO those followed by cop
per and independent steel interests.
Operating under the Webb law, which
permits combinations of competing COM
panies for the purpose Of foreign trade
without the restrictions imposed by the
Clayton and Sherman antitrust laws.
the new corporation will handle all the
sales OF the three foregoing companies
in foreign markets. 1t Is believed that
this step will result in substantial bene-
tits TO the companies concerned.
Although exact figures indicating the
aggregate output of the three companies
are not available, it is believed they
produce very large proportion of all
sulphur output of the United States.
The Union sulphur Company, organ
lied in 1896, is the owner of a large
sulphur mine located In Calcasieu parish.
near Lake Charles, La. The Freeport
Sulphur Company. a subsidiary Of the
Freeport Texas Company, was organized
in 1912 and is engaged in sulphur mining
q 4 - L.
county, Texas. as well as 1857 acres of
leased land in the same territory. The
Texas Gulf Sulphur Company was
formed in 1918 to take over the prop
critics of the old Gulf Sulphur Company.
1t conducts sulphur mining operations
on more than 5000 acres of land near
Gulf, Tex. with producing capacity OF
over 100000 tons of sulphur per an
mum.
The New York herald., 1922-10-05
RAILROAD VALUATION.

WASHINGTON. Oct. 4. - The Nevada
Copper Belt Railroad. according to a
tentative finding to-day by the Inter
state Commerce Commission. is entitled
to value of s724,112 on property and
equipment used in Interstate Commerce
Commission. The company's own books
place its investment at s1.142,3S7. The
commission also found a tentative value
Of s571,2S9 for the property Of the STAN
ley, Merrill and Phillips Railroad in Wis
consin. The book value OF the property
was placed by the corporation at
$611,791.
The New York herald., 1922-10-05
CONTINENTAL MINES, LTD.
STOCK PLACED ON SALE
$50, 900 Shares Are Offered
at SIS Each.

| Shonnard & Co. are offering for sub
scription at $5 at share $50, 900 shares Of
stock of a par value of IS a share Of the
Continental Mines, Limited, OF Ontario.
Canada. This is part of an authorized
issue of 100000 shares. The company
has no preferred stock or funded debt.
1t holds twenty -seven claims. comprising
an area three miles in length, averaging
/ three -fifthS of a mile In width. at Kirk
land, Ont, Immediately adjoining in the
line of the direct extension of the main
fracture zone.
At Cobalt, Ont, the company operates,
through it's ownership of subsidiary,
the properties of the Colonial Mining
Company, comprising sixty-eight acres.
The securities Of the producing COM
panies in the kirkland Lake section now
have a market value of over $19.000,OOO
and their total production to the begin
ming OF this year possessed value OF
5,555.749.
Surface sampling and trenching on the
Continentals claims have assayed Sl5.2O
value to the ton. To the beginning OF
this year Kirkland Lake production
amounted to 444.033 tons. the average
value being $12.51 per ton. with the
completion of the present financing there
will be in the treasury of the Continental
Mines, Limited, s1.000.000, and there
also will be unissued and available Tor
corporate purposes $4,000 shares Oh
stock.
Officers and directors OF the company
are: Ruel Chaffee Warriner. president
Thomas Riggs, vice-president Frederic
Bull treasurer: George Il. Buchanan.
Frederic j. X. Dec. Faust Charles Nc
Crea, r. Home Smith and A. J. Wad-
hams