davidaulloa/AmericanStories huggingface dataset:
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
|BIC DROP Is
seen IN HOGS
PRICES DOWN FiFTEEN TO TWEEN
~ CENTS At CHICAGO; CAT.
TIE Low, TOO.

Chicago, March 2o.--Nearly every
thing in the live stock market dropped
to lower levels today. The sharpest rel-
alive decline was in hogs. values being
generally 15c lower. and in spots 20
cents lower The bulk OF heavy hogs
went at s6.60@6.65.
q Cattle prices were 100 5c lower on
steers, and 10 cents lower on butcher
stun. Demand was slow, notwithstand-
Ing that the quality was exceptionally
good.
Sheep and lambs were dull, and
packers were apparently trying to put
the lid on for they bought little stun
up to late hour. Indications were for
q general decline Of 10 to Is cents.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Chicago Provisions.
.ro. March 2s.-The provision

Chicago, March 2s.-The provision
market follows: -
Butter-Market easy; creameries' ~
@25c.; diaries, 15@21c. :.
EgRs-Market weak; receipts, r.
o24 cases: at market, cases lncluaeu'
S13h@14c.; flrsts, 15c.; prime hrs'S'
Cheese-MarkAt steady: Dsisies, Is
Im1sHc.: Twins, In @12c.: Young
1Americas, 13A @13hc.; Long Horns
Potatoes-MaYket steady: choice to
Sfancy, 40@42c.; fair to good, 36@ Ssc.
pn,,ltry--Market easy; turkeys,
dressed. 1sc.; chickens. live, 1870;
veal-Market STEADY; 80 to SO 10.
Ewts.. e@7c.: so to IS lb. WITS, 7@shc.;
Es50110 lib. WITS, ~ @11c.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
AGENCY.

The following persons were appoint
ed committee to produce a speaker
and make arrangements for Memoria
day, May 80, on the part OF WinsioW
post q. A. R.:Jess Ankrum, E. T. Allen
and q. l. NYE: on the part of the cit,
liens: r. c. Buchanan. E. A. Rifle and
William Rouke.
Thomas Foster Of -Ames is here Wis
iting friends.
The members of Olive Branch lodge
No. 81 AZ =. A. M. were entertained
Wednesday night In the hall by their
wives and daughters. A fine supper
was served consisting OF chicken pi.
and other good things and general
social time was had by all present.
M. E. Johnson's mother is visiting
him.
william Johnson and niece Miss Liza
Snider are visiting near Douds- Leando;
Rev. c. B. Hawkins Of Mystic visited
relatives here Friday.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
AUDITORIUM IS
BURNED DOWN.
DIES MONIES THEATER, ONE OF
THE LARGEST in IOWA, CON-
PLETELY DESTROYED.

Des Moines March 20.The auditor
ium, one OF the largest theaters In
Iowa, was destroyed by fire at mid
night Sunday.
The origin is unknown, but 1t ID
thought to have started from defective
electric wiring under the stairway
leading from the first floor to the bal
cony.
The loss IL estimated to be }45.5O0
to the auditorium company. the Shub-
ert theatrical syndicate and the Van.
Dyke-Eaton stock company.
Nicholas Baker, an actor, fractured
his ankle by jumping from window
In the second story, and G.. Levich,
fireman, was injured by the falling OF
the south wall OF the big building.
For while 1t seemed that the entire
neighborhood around Fourth street
and Grand avenue and Chestnut street
was threatened. A high wind blew
from the northwest and sparks new
for blocks.
An apartment house across the
street and the ambulance room west
Of the central fire station caught Are
from flying sparks, but the damage
slight.
Guests Rush Out.
Fearing the IRE would spread from
sparks, guests in the Sabin house
rushed out with their baggage. Thirty
eight head of horses were removed
from the Grand avenue livery barn, .
block away.
Manager G. III. Miller for the Shub-
ert theatrical syndicate. lesseos OF the
building, saved his books, and said tho
only cash In the building was In the
safe.
The Van Dkye-Eaton stock company.
according to its manager, H. II. Mack.
has lost $500 worth OF property ana
the actors $4,000 worth.
The auditorium 10 owned by . stock
company It was erected at 4 cost OF
about $4,000. Eight years ago the
rear Of the building burned. The build
Ing was constructed entirely OF brick
and wood.
What arrangements the Shubert
company will make for the remainder
Of its season will be learned today
when Manager Miller receives word
from the New York Office. .st
The Van Dyke-Eaton company may
give benefit performance to help the
stranded actors.
Loss.
The Auditorium Company -. $40. 900
Actors property ............. 5000
Shubert syndicate ............ 1000
Van Dyke & Eaton ........... 500
Total loss .s.................946 $500
Auditorium Insurance.
Wilmer & Kaufman e 5000
McCutchen & Verran ........ 5000
H. II. Lantz & Co............ 5000
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Chicago Live Stock; Opening. ~,

Chicago, March 2O--Tne opening 1v6
stock market follows:
Cattle-Market steady; receipts esti-
mated at $4,000; beeves, $5.15@6.S5;
Texas steers, $A.40@ $50; western
steers. $4.75@5.S5; stockers and feed
ers, $41E.75; cows and heifers, $2.60W
5.SS;S calves, $6.25@S.50.
Hogs-Market dull, 10c lower: re-.
sceipts estimated at 10000: light. 500
al; mixed, $e.50@6.90: heavy. $4,000
$50; rough, $6.40@6.65; good 70
choice neavy, $6.65@t so; pigs, $500
ia; bulk Of sales. $665@6.S0.
Sheep-Market steady: receipts es-
timated at 21,000; natives. $3@5.lO;
westerns. $3.25@5.10; yearlings, n.759
|5.s5; lambs, natives, $5@6.50: westerns
$6.25@6.60.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Chicago Cash Grain.

Chicago. March 20.-The cash grain
Wheat-No. ! red. s10s1Ac.: No 3
red. s9@s1c.: No. 2 hard, 91@91Kc.:
No. hard, s9@soc.; No. northern.
I$1Go@1.o1; No. 2 northern. ss@$1.0 90:
No. northern. 97@ssc.: No. 2 spring,
Is1@9ec.; No. 3 spring. 90@95c.: Vel
vet chan, s2@s4c.; Durunf, $40 soc.
Corn-No. 2, 47@47hc.; No. white,
T@47hc.; No. yellow. An 04s1c.:
No. 3. 45A @45Nc.: No. white, 4bh q
45Nc.: No. 3 yellow. 45k q 46hc.; No.
4. 43A @44Ac.: No white. $40
44Ac.: No. yellow. 44@44hc.: 8. Ct.
M. 3s@41c.: g. G. r.. 4o@42c.
Oats-No. 2, Soc: No. Z white, SIN q
s2Ac.: No. 3 white, SIX @31Nc.; No. 4
white. 3oA@3lAc.: standard. an @
SIC. ,,s \ 81 ss; . & &
Rye-No. 2, CSC.
Barley-60 a. 1.02h.
clover-;s @i475; March. .l5.7b.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Chicago Liv. Stock; Closing.

Chicago, March 2O.--The closing live
stock market follows:
Cattle-Market slow. weak: receipts,
$4,000; beeves. $5.15@8.s6; Texas
steers, $4.40@560: western steers. $4.15
@5.s5; stockers and feeders, 4$@5.75;
cows and heifers, 32.60@5.s5; calves,
|$6.25@8.50.
Hogs-Market slow. &c under Satur-
S6.50@e.95; mixed, 36.45@6.S5; heavy.
Ss.35@6.7S: rough, 36.s5@6.50; good 70
choice heavy. $s.50@6.75: pigs, $6.5oQ'
Z; bulk Of sales. $660@675.
Sheep-Market 10c lower: receipts.
Fl 900; natives, $3@6.10; westerns.
s3.25@5.10; yearlings. $4.75@6.65:
lambs, native, 35@6.5o; westerns. $3.50
E@6.60.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
omaha Liv. Stock.

South Omaha. Nebr., March 2o.-The
live. stock market follows: @
Cattle-Market 1oc lower: receipts.
400: native steers. $4,000; cows
and heifers, $3.25@6.50; western
steers, 33.50@6; stockers and feeders.
33.75@5.90.
1000; heavy. 36.s0@6.35: mixed, $4,000
$50: lights. $6.4506.55.
Sheep-Market 10c lower: receipts,
$4,000; sheep, 34@5.s0: lambs. $500
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
BIGGER COTTON
Coop RECORDED
(
CENSUS BUREAU SHOWS 1910
CROP INCREASED OVER
THAT OF 1909.

washington, D. c., March 20.-The
census bureaus reports show the cot
ton crop OF 1910 to be 11.941.56S bales;
round bales az half bales anu
Including linters, compared with ~,
sS6,209 for 1909. Included in the status
tics for 1910 are: Linters, 1882 bales;
Sea Island cotton, 9O.3SS bales, ROUND
112,S87 bales.
bales is 501.2 pounds for 1910 compared
with 496.6 for 1903. !. 49,
Expressed in equivelant 500 ID. bales
the 1910 crop is 11,969,757 compared
with 10,315,ss2 for 1909. Cotton esti-
mated by ginners and linters as re-
naming to be ginned and included me ae
statistics for 1910 amounts TO 1o,ioS
bales. . -..5
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
K.r... civ L;ve Stock

Kansas City, March 2o.--Tne live
stock market follows:
Cattle-Market steady to weak; re-
ceipts, 10000; native steers, $500
$50; southern steers, $4.76@6; native
cows and heifers. $3@6.10: stockers
and feeders, $4.50@5.90; western
steers, $4.75@6.25.
e IIogs--Market TO 10c lower; r.
lcefpts. 10000: heavy, $e.55dD6.SS; pack
ers and butchers, $6.60@6.7o; lights,
$S.65@6.75.
Sheep-Market steady: receipts, is. ;
600: muttons. $4@5.l0: lambs. $s.e0@
$40.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
over-.s @i4.75; March: ,l5.7s.
Car Lot Rscsipts.

Wheat-2o cars with OF contract
grade.
corn-74a cars. with Of contract
grade
Oats-107 cars.
Total receipts OF wheat at Chicago,
Minneapolis and Duluth today were S24
cars, compared with 472 ears last week
and 5s4 cars the corresponding day a
year ago.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21

staged.
Walter Welbanks, resident manager
for owner Jack Root, will remain here
until the change in ownership Is made.
and he will then leave for Burlington
to take charge Of the Burlington Gar
rick theater. Mr.. Baker will manage
as well as own the Garrick after
April 8.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Fer.isn Grain: Closing.

Liverpool, Eng, March 20-Tne clos
ling grain market follows:
Wheat-Spot, dull: No. red west
ern winter, no stocks: March 6s9hd;
May, 6s9Md: July, 6s9xd.
Corn-Spot, steady: American mixed
new, 4shd; old. As; May. 4s4Ad; July,
ass I'd.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
A.. Jo.eph 1.-Two Stock,

ST. Joseph. Mo-. March 2o.-The live
stock market follows:
Cattle-Market slow, lower: receipts,
1900; steers. $4.50@S.25; cows and
heifers. $3.50@5.75: calves, $a.b0@7.bo.
Hogs--Market Is to zoe lower; re-
ceipts, 1000; bulk Of sales ,36.40@6.6O.
Sheep Market dull: receipts. 5000:
lambs, $4.50@6.25.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
st. Louie Live Stock,

st. Louis, March 20. The live stock
market follows:
Cattle-Market steady. 10 to lie
higher; receipts. 1000: beef steers, SIG
6.75: cows and heifers, $4@S.bO;
stockers and feeders, S3.75@b.7b.
Hogs-Market SC higher: receipts,
10, 900: pigs and lights, $3.50 e.S0: .
heavy. 3e.S007.70.
sheep-Market steady: receipts, -
900: muttons. $3.75@6: lambs. @5.5oq
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
New York Mssal..

New York, March 20.-Standard cop
per-Dull. spot and May, $11.80@1l.90.
Tin-Market firm but quiet; spot
Mas. 75@40.25; May, ss9.25@39.62h.
N Lead-Ea sly, ST. q 4.50.
NSpelte- s5.o965.60.
1Iron--Steady: northern grades
f5.50ls.- southern grades, $15Q
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Minneapolis Closing Wheat.

Minneapolis, Mimi, March 2o.-Clos-
ing wheat-May, 97Mc.; July, 9sN q
ssc.; Sept. 93Ac.
Cash-No. l hard, sskc.; No. /
northern, 1914 @SsMc.; No. northern
s5M @97Mc.; No. 3 wheat, 93H @96hc
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Nav York cIo.ino Grain.

\ New York, March G0.-The cIosin
grain market follows:
J Wheat-May. s7kc.; July, $3.50.
Corn-57Ac.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Peoria Grain

Peoria. March 2o-The grain market
follows:
Corn-No. 3 white, 45hc.: No. 2 yell
low, 45N D46c.: No. 3 yellow, 45Ac.;
No. mixed 45Ac.; No. 4 mixed 43hc.;
No grade, 3S@40c.
Oats-Market unchanged; standard.
31Ac; No. 8 white, 30Ac.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
81. Louis Cash Grain.

st. Louis, March 2o.-The cash grain
market follows:
Wheat-Nfarket steady; track No.
red, 91@94c.: No. 2 hord, S8h@99c.
Corn-Market weak: track No. .
47c.; No. 2 white, 47@47hc.
Oats-Market steady; track No. 3
s1Ac.; No. 2 white, 31A @32hc.
Rye-Market unchanged, 91c.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Duluth Closing Wheat.

Duluth. Mimi, March 2o.-Closing
Iwheat-May. sSAc., asked; July, s9tc.
Durum-May. s5Ac.. asked: July.
l86Nc., bid.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
New York Cotton Futurss.

New York. March seCotton futures
closed steady. Closing bids-March,
S14.42; April, $14.45: May, S14.55; June.
lS14.44: July, $14.42: August, 1891:
Sept, 1896: Oct, 1886: Nov, $17.5s;
Dec, $12.55; Jan, 317.63.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
s.v.nn.h Turpentine and Rosin.

Savannah, Ga, March 20.-Turpen-
tine-Firm. $1,000 1.01.
Rosin--Firm; type F. $s.o7h: q.
1910.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
New York Money; Closing.

New York, March o0.-Money on call
STEADY, 2@2A%; ruling rate, ~ 20;
bclosing bid, 2A%o; offered at 2A%.
Time loans-Dull: so days. 2h%; ~
days, 2XT: six months. 3A %.
Prime mercantile paper @4h%
~ sterling exchange-Firm with actuai
NIsiness in bankers bills at $AsS.ioap
|iaI20 for 60 day bills and at $4.S6.30
lor demand.
Bar silver-52Bc.
Mexican dollars-45c.
j ds-Government, weak; railroad
irregular.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Kansa. City Closing Grain.

Kansas City. March 20.-The closing
grain market follows:
Wheat-May. s6hc.; July. $3.50
Es4Ac.
I Corn-May, 47H @47Nc.; July, 4s@
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Kansas city Cash Grain.

Kansas City Cash Grain.
Kansas City. March 20.-The cash
grain market follows:
wheat-Market steady: No. hard,
Is7@s6c.: No 8. s5D94c.; No. 2 red. son
@94c.; No. 8, sS@93c.
Corn-Market unchanged: No. 2
mixed, 45@451ac.; No. 3. 44h @44xc.:
No. white, Az @45c.: No. 3, 443
44hc.
oats-Market steady: No. 2 white.
BON D37c.: No. 3 mixed, Sic.
Rye-No. 2. 75@7oc.
Hay-Market arm; choice timothy,
I&14@14.5D: choice prairie, 12@12.25.
Receipts-Wheat, 46 cars.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
HORSES ARE CLEARED
Few Are L eft In Stables and Markekt
10 In Good Condition Although
Prices Average Lower.

Chicago. March 2o.-Horse market
finished last week on basis steady to
$40 lower than week ago. with the
plain and medium light weight farm
workers showing the decline. Receipts
for the period aggregated around s,i4V
head. against 3,571 head the preceding
week. 1t being the first week IN Q
month that arrivals were not IN excess
Of those OF the foregoing week: AS
compared to a year ago this weeks re.
ceints showed an increase Of nearly
100 head. The general demand for
horses was much broader than year
aro at this time, however, and the
dose found comparatively few animals
left In the stables.
Prime heavy drafters and the stock
1900 to 1900 lb wagon grades sultapie
far service on city delivery wagons
were accorded primary honors IN tne
weeks trade and sold on strong OASIS
throughout the period. Well snapeu.
hiRh-bred mares also sold briskly az
Arm figures and there was good. re-
liable demand for all desirable quarry
medium weight farm workers. me
comnoner grades of all calsses OF
horses were Disseminated against,
however, and as receipts included
generous supply Of such animals. buy
ers had comparatively little trouble IN
forcing their general value to slight
" lower basis. Regardless OF this de-
cline. the market closed In healthy
condition, and prospects are Tor 4
broad. steady trade with generous re-
ceipts and liberal orders. Nominal auc-
tion prices for CLASSIFIED receipts closed
-. Fo1lowa. Jfes, assis 80. 81
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
q. i All. cIo.;no Grain. Futures.
81, Louis Wool

st. Louis, March 20.-Wool-Un-
changed; territory and western me-
dunn, 1s@22c.; fine mediums, l6@1Sc.;
zine, 12@13c.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
New York cotton.

New York. March 20.-Cotton-spot
closed quiet; five points higher; mid
ding uplands. S14.60: mfddling gulf,
1885: sales, 1900 bales.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
81. Louis Poultry and Provisions.

st Louis, March 20.-Poultry-Mar-
ket firm; chickens, 13c.: springs, 15c.;
turkeys, 14015c.; ducks, 15c.; geese.
Butter-Market steady; creamery, 10
re- Market lower. 14Kc.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
omaha ca,h arain

Omaha, Nebr.. March 10.-The cash
grain market follows: Q.
wheat-Market Nc lower; No. 2
hard. s4@s7Ac.; No. 5 hard, s2h q
|86Ac.
Corn-Market Nc lower: No. white.
AN 642kc.; No. 8 Waite. 41X@4zNc.:
No. 2 yellow, 42@42Ac.: No. yellow,
l41NM42hc.; No. 2. 42@421c. No. 8
AK @41Kc. 9.
Oats-Market unchanged; No. 4
white. 2sN @2sAc.; No. 3 yellow, 2sA
@2sAc.
shipments-wheat. s; corn. IS; oats,
Ia.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
New York Poultry

New York. March 20.-Poultry-
Market, dressed. easy; roasting chick
ems, 15@7oc.; fowls, 13M @16c.; tur-
keys. 16@20c.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
N.>w York euoar and Coffee

! New York, March e0.-Raw sugar
Firm: muscova, do SO test, 3.36c.; CEN
trifugal, 0e test, a.S5c.; molasses, 81
test, 3.13c.: refined, steady.
| Coffee-Spot, quiet.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Pittsbura Oil.

Pittsburg, Pa, March 20.-Oil closed,
$3.50.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Now York Provisions

New York Provisions.
market follows: =.
Butter-Market steady; receipts. T.
ATS; creamery, frsts to specials, 20@
26c.; creamery held. 21@22c.; state
dairy, finest ,24c.: process. 1871 @19c.;
imitation creamery, firsts, ITO 1Sc.;
factory, 1870.
Cheese Market irregular; receipts
2,147.
Eggs-Market weak: receipts 2l,SS5;
fresh gathered selected extras, 800
l9hc.: fresh gathered checks. 15GD
15hc.: western gathered whites, 1871 %
19Hc.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21

Galveston Cotton.
Galveston, Tex. March 20.-Cotton-
Steady, IL 5-6c.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21

Exchange on New York.
Chicago, March 23.-Exchanse on
New York, par.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21

ct. Louis Metals.
ST. Louis, March 20.-Lead-steady
S4.25 q 4.27h.
i SpeIter-Weak, $4.52.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
pAMcF OE Hoo palcea
1s5@25s

Range of hog values at Chicago for
the past two weeks with comparisons:
4
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21
Daily Produce Movement.

Chicago, March 2U.-The daily mOVe-
ment Of produce is shown in the fol-
lowing table:
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21

Kansas City Butter and Eggs.
81 Kansas City. Mo. March 2e.-Butter
25c.: firsts. 22c; seconds.
J zoe: packing stocks, 23c.
Eggs-Extras. lie: firsts, 15c.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1911-03-21

D Fancy offerings are generally sold AZ
s nrivate sale and command higher
0 prices than above auction quotations.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1911-01-12
FRUITS OF LOW PRICES.

Some tim ago when the prices of all
things that were for sale in this coun-
try reached their highest level and
then began to reeede. there was much
rejoicing on the part of many who had
been shouting themselves hoarse from
morning until night against the high
prices. and the attendant evils they had
wrought in advancing the cost of liv-
ing. Attention was then called in these
columns to the economic fact that low
prices were almost invariably asso-
ciated with hard times. That the prices
for everything were outrageously high
was to be admitted, as was there need
for a readjustment to lower levels, I'M
less the salaries of all classes of work
ers could be advanced materially. II
was thought by some that this read
justment to lower prices could be
brought about, without anything saw
oring of hard times.
But the wind does not seem to be
blowing that way. A straw which
shows the direction it is taking was
whisked INTO appearance the other day.
1t came in the form of brief te1e-
graphic dispatch from Pennsylvania. II
told that the Thomas Iron company,
operating plants in Pennsylvania and
New Jersey, and also mines in tha
former state, had decided to reduce the
wages of its ordinary employees by ten
per cent. Three thousand, five hundred
men are affected by this cut in wages,
or ten to twelve thousand people.
counting the women and children that
these mems, salaries support.
And the reason for this reduction III
| wages was given by the company, as
1.-The present low selling price of pig
| IRON
No doubt this announcement of the
reduction of wages will be followed by
many more in the same and other bust
nesses. 1t may be that this company
and others which will follow suit are
not acting fair in the premises with
their employees. Perhaps they might
be able to stand lower prices for their
wares without cutting down wages, but
| tho chances are just as good that the
| opposite is the case.
The serious rub comes in the fact
that while the prices in many of the
commodities of trade have fallen con-
siderably, the prices of food products
have not decreased proportionateIy Ii
they had. the Iaboring man might be
able to get along just as well with 2
ten per cent decrease in his wages -aS
he did before the cut was made wheI
prices were higher. But the prices Of
food stuffs have not fallen proportion
ately. Regardless of what fancy
economists and trust busters have r.
say, these prices are largely controlled
by supply and demand. And the peopl.
of this country are fast approaching
the point where they win consume al
the food stuffs that they can produce
So the laboring men who are having
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1911-01-12


their wages cut will find it more diff
cult to get along than they did before.
But as they always have had such
burdens to bear they win probably
worry along some how. While the pro-
cess of readjusting prices to lower
levels is going on. Because of the
stable and conservative conditions
which are prevailing today in the world
of trade and finance, this readiustment
Will likely proceed in a more satisfac-
tory way than 1t would if the business
men and financiers were in some of the
'flighty'' moods that they have as
sumed on other occasions. The prob
lem is a serious one and its solution
will be watched with interest. High
prices are quite bad enough. But low
prices are not without their evils. 1t is
regrettable that striking reasonable
mean is so difficult of attainment.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1911-01-12

II III
the depre5ations of robbers. exnlpis
almost the limit of human ingenulLy,,
It's outer doors are now SO nneiy psl,
anced that a clerk, by pressing 2 hi IN
stantlv. and they cannot be opened
again asss.ir except by special mechanism;
The bullion department OF TINS 81 lsH7e
British banking institution IS nisnh ~
submerged in several Feet OF wass ~
the London banks the bullion depart
ments are connected with the man.
gers sleeping rooms. and an entrans zee
cannot be effected without settlhS on
If. in the Bank of England. q as
honest officer during the day or nlsnls:
should take even one from a pie oi
/. 600 sovereigns. the whole Pile WouIu
instantly sink and q pool of water take
IFS Mace. besides letting every person
in the establishment know OF the Inert.
-Harper's Weekly.