davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02

The total gold reserve OF tho New York
Federal Reserve Bank, according to the
weekly statement issued yesterday, fell
on s24.0Oo.000. the gold In vault and
settlement fund shrinking 1lt.0OO,OOo
and the gold held against Federal re-
serve notes. which show a contracting
tendency. decreasing sloooo.o00 Bank
borrowings from the reserve bank DE-
cllHed about $4,000, 900. redlscounts and
advances on commercial paper $4,000
600, rediscount and advances on United
States Obligations s72 100000 and ac-
ceptances bought sl0000.0OO. on the
other hand Government borrowings from
the reserve bank. represented by invest
mcnts in certificates or Indebtedness adj
vanced sll0.000,U0O to Sl57.2i6,250.
The Government deposits with the To-
serve bank were drawn from S25l34-
400 TO only s3.4Sl,7G4. while member
bank deposits increased $4,000, 600 to
1913. 36s,363. The weeks contraction
in Federal reserve notes outstanding
was $500. 900.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
Bank Deposits shrink.

The weekly statement OF the local
Clearing House banks disclosed furt nor
shr!nkage in demand deposits OF si3-
$4,000, the total having declined from
1880, $4,000 o. January - % E5.s-s.-
COZ 600 O I the beginning OF business yes
t"vdty. The fgi..nC OF IN deposits WI. =.
diminished the an"u"t u required re
serve was Accompanied Dy an increase
OF sl2,i45 600 IN ash reserve Of mem
her banks with the Federal Reserve
Bank This resulted IN a gain in sur
plus reserve OF $!9.0S3.620. making that
item 367.2l7,ss0. The loan ard q scount
figures. showing a decrease OF $500
900, notw!thsti Hding the removal Of
credit restrictions on speculation, at-
tracted considerable attention as 4 con-
frmed the estimate ~ tho ,norcy com
mittee that there would be no !nre1 n %
increase In speculation. United S-ltes
deposits increased from t2Og.7aS. oop p,
the beginning OF the week 20 s337,Cg-.oJJ
at its close.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
French Government Note..

Following the announcement OF ]. P.
Morgan Co. that they would redeem
on April the French Government
notes at 1904. or, $l,p52.5O $1,000
note. tho issue advanced to los SIG
Early last month those notes sold as low
as 1921 against low OF 81 and a
high of 1851 In 1913. On Friday the
notes sold at a range OF 104ls to lO4l,.
so that the issue yesterday scored a
gala OF nearly a point These notes
carry a conversion privilege into long
term bonds, but thus far few holders
have signined their intention to con-
vert. The exact arbitrage on tho
notes at the present rate for French
exchange Is 1861, but TO obtain that
figure holders would have TO ship the
securities to Paris. with a loss OF inter-
est and a charge for insurance Under
tnoss circumSt noes the figure OF
1854 established by tho Morgan Arm
with the concurrence Of tho French
High Commission Is regarded as an
equitable and favorable term OF settle
ment.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
New York Air brake,

The continued selling pressure against
the stock OF the New York Air Brake
Company was very effective again yes
terday when. in the two-hour session,
the stock declined from s7a, the clos
Ing price OF Friday, to 92h. the low and
last for yesterday, net loss OF moro
than Ave points. There are several fac
tors entering into this depression ac-
cording to tho statement OF one man who
claims to have looked into the situation
Hut the chief reasons for the decline. he
declared, We're the probabilities Of a sub
stantial cut In dividends and the poesl-
bilities of nasty labor troubles As re-
CARDS the dividend, II has been cencr-
ally accepted in Wall Street since the
signing OF the armistice that the 20 per
cent dividend on Air Brake would NEE,
with decided cut at tho next directors
meeting.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
GOSSIP OF WALL STREET.
Market Opinions.

Opinions Of experienced market OBJ
servers. as expressed In the weekly
market letters OF Stock Exchange
houses. continue favorable. Goodbody
a Co.. FOR Instance. say: While we 40
not expect any big advance in tho mar
ket until the Victory Loan is out OF
the way, we do expect considerable
strength In most classes of stocks. and
particularly In preferred stocks and
bonds. Prices may react as one piece
OF bad news follows another. but the
stocks sold by timid holders will fall
into strong hands and the rebounds are
likely to exceed tho reactions" Hayden,
Stone Co. continue to take an opti-
mistic view. Their letter says: There
has been nothing In the action OF the
market to invalidate the theory that we
are In a period of accumulation on the
contrary, as we look at 1t, the mar
kets action strongly confirms this
theory" That the process of discount
Ing unfavorable conditions has about
ended in the stock market Is also the
belief OF Shonnard. Mills g. Co. who de-
clare In their weekly letter that the
period OF readjustment Is to be COM
paratively short"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
FINANCIAL NOTES.

Eew York Stock Exchange has received
application to list Sls5,s0o additional com
mon stock OF Burns Bros Coal Company
and 100000 additional Corn Exchange
Bank capital stock,
II. f. Anderson has been admitted into
partnership in tho arm Of Galloway Fish
4 Co, and Will be tho resident partner
Chicago Board OF Trad. has nred IN.
fepFusEY interest rate a. ga per cent.
On tachewanna County Coal stock -
~istrihution to investors
Gilbert j. Pestlsy. formerly with Ki.ly
norton ana the War Trade Board
, eha VII deal in public uill!ty and indus,
n, g. Einstein a Co announe. that
Eorne Corsaut, formerly with Knau,h
raenod q kuhns. has been mad. msm
ia the Erin under date of February i.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
EXPECT TO EXPORT
WHEAT SURPLUS
Programme Of Flour Ship
ments to Europe Means 5O,-
100000 Blu. q Month.
MANY SHIPS COMING HERE
Enormous Quantities Of Oats
and Other Cereals to Be
Sent Abroad.
MANY SHIPS COMING HERE

Exports to February are expected
70 show total close to 10000. 900 to
175,ooo.oo bushels Of wheat and -four
from this crop. and the export pro-
gramme for the balance OF the season
includes $4,000. 900 bushels OF wheat and
-four to the French and the italians, with
possibilities OF q million barrels Of -four
month to the northern and souther,
relief in addition to what may be taken
by the neutrals and the central nations
An export programme OF a million
barrels month for FIVE months. on both
reliefs, would be about 100000 BUSH
els Of wheat and with neutral and Ger
manic demand will use UP the 1919
wheat surplus Many vessels are ex-
pected to be here about the middle or
latter part OF this month to start the
movement outward In largo volume Of
this grain.
1t is expected tina. exports Of oats will
be about 10000, 900 bushels, far ex-
ceeding the shipments OF last year. Tho
foreign demand for oats this season
has been for American grain, owing TO
the Inferior quality and high price Of
the Canadian cereal
The programme on rye and barley IL
planned to run into millions OF bushels
a month, and there will be little surplus
of either available and pressing on the
market at the end OF the season. HEAVY
exports OF rye and barley are expected
to begin in February and keep up for
the balance Of the season.
The programme on provisions calls
fol- about S0.000,000 pounds Of pork
month for the Central empires besides
a huge quantity of meats and fats for
northern and southern relief, large
amount OF fats for central countries be-
sides a large amount for the neutrals
and France and Italy. while English
stocks accumulated against submarine
warfare probably will be exhausted 10
where liberal imports again will become
NECESSARILY by the late spring
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
CONSOLIDATED EXCHANGE.

Securities values closed hrm In a
dun market yesterday on the Conso.i-
dated Exchange. final prices showed
fractional net gains. Featured In tho
trading was Ohio Cities Gas. which
went To 81. ana closed at 37Ss. Step,
common closed AZ s9a.. gain OF 4,
Copper and equipment shares were firm.
except Car and Foundry. which sold
off about point Trading in Liberty
bonds was moderately active with prices
steady.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
NEW OCEAN STEEL RATE.
hoard Announces Revised TRANSMIT
Iantic Freight Charges.

WASHINGTON. Feb, New transat-
lantIo rates on steel were announced
to-day by the shipping Board. estab-
fishing freight charges for that product
II correspond with general cargo rates
as reduced on January %
To Havre and Bordeaux steel will he
moved In American bottoms for SIS d
long ton, TO Antwerp and Rotterdam
for $50. and TO Marseilles. Barcelona,
Cette. Genoa and Naples. for $40.
commodity rate for cargo bound
from Europe TO the United States will
be established shortly, tho announce
ment said. and will be quoted on ship
pers' application.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
COFFEE MARKET.

The coffee market on Saturday turned
very active and a large business was
transacted for half day session. On
the call prices were 8 TO Is points above
the previous close on good trade de-
mand. Prices continued 10 work sharply
upward on short covering. Late In the
morning offerings in the LOCAL contract
market were extremely light and prices
worked TO the highest point OF the move
ment, closing at net gains for the day
OF so to 6s points.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
New Orleans Cotton Market.

SEw ORLEANS. Feb. 1-I-nusuaU,
narrow price changes occurred IN the
cotton market to-day, sentiment an
pearing 10 be more evenly divided than
usual. Last prices showed net losses
FOR the day OF l TO II points. March,
2S47c. May, 2l.S7c.: July. 2O.S7c. Oc-
'oper, l9.04c; December. 1850. Spot
steady and unchanged: middling. s7.5oc,
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
COTTON CLOSES STEADY.
General List Declines From II to
80 Points Net.

An early break Of approximately So a
bale was followed by recovery OF about
half the loss In the cotton market yes
terday. May contracts broke from
2l.s0c. TO 21.S5c.. and closed at Also,
with the general list closing eteady at a
net decline OF IT to IS points.
The market opened steady at a decline
OF l6 points to an advance OF 10 points,
but soon turned easier under scattered
Southern ceiling and liquidation. After
showing q net loss of about 80 to a
points, the market steadied on covering
and there was some scattered buying. be-
l!eved to be for the trade.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02

Coffee Cahles-Rio was 20 reis higher for 70
At 1850 Reeeipn l,isd higher al Is 7'ssd,
Santos spots wero 100 reis higher for Is at
$4,000 Receipts 90 bags and stock 5os5, 900
bags. Futures were rs to 100 refs higher Re-
ceipts AZ the ports were II, 90 hays against
az. 900 last year and 1900 two years ago Sac
Paulo had 1900. against "a, 90 and rs, 0oo and
Jund'ahy 800. against 1900 and e,0oo respec-
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
Elk DIVIDEND TABLE.
London Money Market.
iondAy-

l.o%poS, Feb, Money, as per cent.
Discount rates-short and three months
bills. 1882 per cent Gold premiums
at Lisbon 800.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
MONEY AND EXCHANGE

years low.......... ~ rear 8 iow........,. ~
CALL LOANS ON ACCEPTANCEs.
Prime member bank acceptaEces........ 4h%
TINE LOANS.
s,1ss ie ds ysA sSasn Sky days o..
Ninety days. 6ad5l Ninety days. 81 1Sit
Four months. 81. Four months. IS. d5,5
Five months ....... 5iIFive months. 81 d6i,
Six months. 81 Six months.... ia aSn
COMMERCIAL PAPER.
Primo Endorsed Bulls Six months zee. 5SfSL
Receivable. Other Nanea
Ninety days. bdSAl months ........ Sp6A
ACCEPTANCES.
80 days. 60 deys. % days
Bid Ask. Bid. Ask. Bid. Ask
banks .......... ~ a. ~ "a ~
Eligible n o n
member banks ~ "A ~ ~ az ~
eligible banks
biIls .....,.,.,.. 81 5 81 UA
CLEAPING HOCSB STATEMENT.
Clearing House exchanges, S44. 64s, eos: bal.
ances, s75,2& $50; Sub Treasury debit bal
ances. sl,ess. 800: Federal reserve credit bal.
ance, t.1as.S2
DOMESTIC EXCHANGE
Boston. par; Chicago, par 81. Louis. 80
lsc discount San Francisco. par: Montreal.
$50 s2is per 81 900 premium; Cincinnati par:
Minneapolis, l0c. premium.
SILVER PRICES
Bar silver IN New York. u.clH IN.
chsnged In London. isISd. uhchang ed:
Mexican dollars. 77hc.. unchanged
FOREIGN EXCHANGE
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
Corn Market wenkens.

CHICAGO. Feb. REPORTS OF a slight
enlargement of country offerings tended
to-day to weaken the corn market. Et-
forts TO charter vessels 20 bring Argen-
tine corn to the United States had fur
Their bearish influence. 1t was said that
within forty days one large corporation
expected 10 land a consignment from Ar
gentina at less than 81 bushel. Open
ing prices. which ranged from sc de-
cline to NC. advance, were followed by
setback all around to well below yes
terday's finish.
Oats gave way with corn. After opa--
Ing unchanged to NC. lower. with May
sos 10 57l,. the market suffered
material decline.
Selling pressure was evident in pro-
visions. Abundance OF hogs ard the
weakness OF grain appeared TO curtail de-
mand
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
BID AND ASKED QUOTATIONS.

New York Stock Exchange closing prices OF
Government; and municipal bonds. Accrued
interest IS 30 be added so these prices.
UNITED STATES GOVERNMENT BONDS.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02

CORS-A very nervous under:one pre-.
wales In the market, but net price changes
Ncre comparatively narrow. ranging from
~. advance TO = ret decline. In tho
ocal cash market No. yellow and No
white were quoted al IL5l. cost ana
re- gEt New York.
0ATS-The market quiet and az ths
close prices were net unchanged to ~
lower. The local cash market was easy;
standard quoted at s6l7 4 SIC: No.
rh!'e. e7c.; 20. white, s6i7c.; No. I
waite 65is 1s6c.; fancy clipped vh.'"
tliIysec ordinary clipped white. s5.a 2
81 &C, a elevator.
RNE-Reports shat tho Government Wa.
out r: the market caused quite a sharp
decline in the Chicago contract mar -
hut the local market was dull, with y
Western the spot quoted a, 8! o.,
nominal. cost and freight New York
BARLES-Msrket dull Feeding 80
los. ualting 3l.leSl.It. cos, ana treght
New York.
BIChWHFAT - Market dull Sound
milling. 50, cost and tre!gh; New York.
HAi-Market quiet No. l. Mss 3lrei
No. :. Il5; $50, No. 5. $40.
STRAW-Ma.ket quiet No. rya. is
per ton.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02

(Saies in 81 900 lots.)
The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-02
FOREIGN BONDS.

Mexico Extern string IS OF ~ let.. Is a.
Mexico Extern gold Is Of ~ 1854. ... Al Ei.
Rus lS1< rsnie 10 1909 rub!s ceD... a E.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09
News Dispatches From Surrounding Communities

town persons who attended the funer-
al were Mr.. and Mrs. R. B. Worl and
son Jean, Mr.. and Mrs. E. B. Wikoff
and Mrs. Isadore Wilson, Everett Tay-
lor and Ralph Petz.
Mrs. Joseph Stonecipher and Mrs.
r. B. Worl entertained in honor Of
Mrs. A. e. Smith at the Worl home
Thursday afternoon. Hours were from
two to four and from four to six A
two course luncheon was served
Thirty guests were present
The Garden club will be entertain.
ed by Mrs. Huston Faeris Tuesday
evening, August IL. The club is to
offer premiums on vegetables and can
ned products at the Hagerstown fair
CAMDEN-The wheat average in
this part of Preble county will be
about Is to II bushels an acre, &C
cording to forecasts of farmers. Many
crops have yielded over 90 bushels
to the acre. Harvey Douglass said
that his average would be 80 bushels
| LIBERTY-Five births and four
marriages were the county's records
for July. Two cases of typhoid fever
were reported.
Union county to wear the distinguish.
ed service medal. will speak at the as.
sembly room at the public library Sat
urday night on his experiences at the
front.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09
FALSITY OF BOlSHEVIST IDEAS SHOWN
INPLAY WRITTEN 1000 YEARS Ago

give up his cloak OF his own accord
What would be the good of Tight
ing? He has only to go and get an
other. and better, from the public
stores.
B.-And will there be no more
gambling?
P.-What will there be TO play for?
B.-And how about the house &C
comodations?
P.-That will be the same for all.
I tell you am going to turn the whole
city into one huge house and break
down all partitions, SO that everyone
may have free access to everyone
else.
Who, wrote it, Lenin. Trotzky or
some Of their satellites in this coun-
try, John Reed or Max Eastmen? No.
none of these. nor yet any Of the mod
ern satirists of their pet theories.
have quoted exactly with only one
omission.
The author of this skit on this
brand-new thing in the world-the
thing that's the logical carrying ont
Of Karl MARKS ideas, etc-the author
is Aristophanes. and the play is the
comedy of "Ecclesiazusae." or. as one
should say Congress-women."
Is there anything new?
Some jar, as the doughboy says,
n est ce pas? ALBERT A. BOYDEN.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09
Sabotage Charged Against =.
German Industry Leaders

BERLIN, Friday, Aug S.-Economic
Minister Schmidt conferred yesterday
with leading German industrial lead
ers for the purpose of determining
whether Radical Independent newspa-
pers have any justification for their
repeated charges that employers arc
engaged in sabotage-shutting down
strikers representatives
Men from every large industry were
unanimous in making the statement
that sabotage is not going on. They
pointed out that their plants have
been frequently kept running at a
loss to enable workers to earn a liv-
ing The minister, with the advice of
the plant owners, framed a series of
questions which will be submitted to
all employers of labor in Germany and
which will aim among other things to
elicit the facts and if sabotage is
proved that counter measures are de
sirable
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09
Wilson's Plan to Cut
High Cost Of Living

President Wilson, in his address in
congress Friday, recommended:
Prevention Of ''unconscionable prof
it's" and gain of competitive selling by
Federal licensing system for corpor-
ations engaged in interstate COM
MERGE
Ratification of the peace treaty to
the end that the nation may be put
on a peace footing without delay
Enactment of a law that will cause
hoarders to see the disadvantages and
the danger of avoiding new methods
Of distribution.
Extension of food control to the
operations Of peace, and that goods
not complying be excluded from inter
state and intrastate shipment.
Placing of time limit on cold
storage and passing of a law with
teeth in it. providing penalty for
profiteering.
Marking goods placed in cold stor-
age with the price prevailing at the
time stored.
Marking all goods in interstate COM
MERGE with the prices at which they
left the producer.
Provision in food-control act to
| force food out of private hiding.
, Regulation Of security issues so that
| speculation may be checked and fraud
ulent methods Of promotion stopped.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09
Special Song Service At
Grace NJ. E. Sunday

A special song service will be given
Sunday evening at 7:30 o'clock at
Grace Methodist church. Mrs Ora Ste
gall, director of the choir, has arrang-
ed the following numbers: A Song in
the Night (Woodward)' Mrs. Cook,
Howard Hitz and choir: The Voice
in the Wilderness (Scott), Miss Pearl
Crubaugh; The Prayer Perfect (Sten-
SOM, Mrs. Charlotte Coates; cello solo,
Ave Marie (Schubert), Miss Kathryn
Gates. BY request Howard Hitz will
sing The Lord Is My Light" Closing
number, Abide With Me-" (Shelley),
Mrs. Cook and choir. Mrs. Irene Ryan
will be at the organ. The Rev. A. H.
Backus will give fifteen minute
talk during the evening. The public
is cordially invited.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09
Jewish Elders Conduct
G.>lt Memorial Service
(Bv Associated Press)

NEW YORK. Aug. S.-The Saith me-
mortal services for General Grant will
be held late today at Grants tomb,
by the American Jewish seventy ell
ders. Their motto will be Grant, we
are here again"
Jewish memorial services at Grants
tomb have been held annually since
1885. The last previous one was on
August 10, 1910 An account Of the
wa rthe services were suspended.
Jacques Pollotschsk, president OF
the Jewish-American seventy elders
will preside and Jewish soldiers and
seamen will attend. The Grafton will
be delivered by Rabbi E. B. n. Browne
the last survivors of President Grant
pail bearers.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09

Comprising Coat Pattern 1854 and
Skirt Pattern 1874. The coat would
be fine in brown tricolette or broad
cloth and the skirt in satin or velvet.
The coat fronts may be open at the
throat or rolled high at the neck edge.
The pattern is cut in Z sizes: "a.
SO, SO, 49, AZ, A. ana 46 inches bust
measure. Size 38 requires yards of
Al inch material. The skirt is cut in
7 sizes: %. "a. &c, %, 80, 80 and "a
inches waist measure. Size "a re-
quires 3 yards Of So inch material.
The width of the skirt at lower edge
is about is yards.
This illustration calls for TWO sep
arate patterns which will be mailed to
any address on receipt Of 10 cents
FOR EACH pattern in silver or l cent
and cent stamps.
Name
Address .....................
City
Size ...................
Address Pattern Department FaIIs-
dunn.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09
400 Children, Cared For
By Day Nursery, Is Report

Over 400 children were cared for
by the Day Nursery during the month
Of July, according to the report for
that month made at the directors
meeting. The nursery was open 26
days, 40S children were cared for, re-
presenting q families Of the city.
There were II new children. In the
month of June the nursery was open
25 days and 373 children were cared
for.
The children are enjoying to the
utmost the swings and slide given
them by the Richmond Rotary club.
Those in charge at the nursery say
they are going all the time.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09
Richmond And Muncie
Rotarians Will Meet
For Winchester Dinner

Members of the Richmond and Nun
Gle Rotary clubs will enjoy joint
meeting at Winchester Thursday even
ing, when the two clubs will motor
there for dinner. Members of the
Richmond club will meet at the Com
mercial club at o'clock Thursday af
ternoon and motor up.
Each club will furnish some sort Of
entertainment. The Richmond club
will probably take up local performers.
No meeting of Richmond Rotarians
will be held Tuesday noon.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-08-09
U. S. Steel Report Shows
Improved Conditions

NEW YORK, Aug. 9.-Unflled or
ders of the United States Steel cor
poration on July 81 were 5,57S,661
tons, according to corporations month
ly statement issued today. This is an
increase of 685,SO6 tons compared
with the orders of June 80.
This Is the second increase to be
shown in any month since October
of last year. The statement for June
marked the turn in the tide in the
steel industry and the figures for last
month indicate a steady improvement
in conditions.