davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
STOCKS RECEDE
UNDER PRESSURE
Trading Was Confined Almost
Wholly to the Professionals.
Public Cautious
EASIER MONEY RATE

New York, Oct. 30.-The New York
Evening Suns closing financial review
today says:
Trading in the securities market to-
day was left largely in the hands of the
professional element. Commission
houses in most eases advised their
clients to be cautious. Each time the
market showed a disposition to bulge
oherlngs to realize on profits were free
ly Forthcoming. On the other hand
thcre was a good under current of buy.
ing and absorption was such as to pre
vent pronOunCement nip at any time
save in some speciality issue which had
been given undue speculative attention.
Inc steadying of money rates-call
loans renewed at 6 per ccnt-had a
soothing effect on Wall Street spnti-
ment. When money is high or erratic
the street tretS. not because of the fact
of the difficulty of analyZing the situa-
ton and of getting away from the
crystalIi2"d thought that high rates
necessarily denotes restricted supply.
But the more comfortable feeling was
not translated into speculative init
ative since the overhanging Industrial
cloud can scarcely be diSsipated be-
fore the coal strike call becomes OPP
cratic, if it does.
The opening prices were with very
few exceptions moderately lower and
aS the session advanced hcavincSs be-
came more pronounced at intervals.
Trading was not aggressive although
the total turnover was not apprcciably
less than ia recent sessions.
Among the standard shares recesSiOns
ranged from to 8 points. Steel moved
between 1O6 and 1O7. Republic Iron
and Steel had expansive moments Some
of the high priced issues like Cuban
| American Sugar, Texas Co., Mexican
Petroleum and so on enjoyed advances
Of ! or 6 points, but they were not at
all consistent. CruCible Steel had a
spread of some s points. Punta Allegro
Sugar was exceptionally strong and so
were Remington Typewriter, United
Fruit and Worthington Pump. Bald
/ win locomotive dropped below 14O for
! the first time in several weeks. The
motors We're affected unfavorably by
the general unsettIemmt and the oils
| likewise.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
|REACTYONARY CURRENTS
E,FFECTLOCALS SLIGHTLY
Vide Declines Sustained by HghPced Speciaies-Losses
Else0here Were Fractiona-Loca Money Market Tight

Apart from the high priced spec
ialties the reactionary current made
little impression on the local stocks. \
spirit of caution. however, was dis
cernible in all parts of the list. This
had the effect to increase the growing
indisposition to extend speculative ven
lures, rather than provoking any great
amount of selling. There was, in con
sequence, pronounced shrinkage in
the volume of dealings and distinct
narrowing of the market.
In the high price spccialties the
price rccessions occurred on relatively
light offerings. This was particularly
true as to the General Asphalt shares.
The common losing 81 in decline to
100 and the preferred yielded SO to 22S.
In Electrical Storage Battery the offer
ings were little more liberal, bringing
represented to large extent cashing in
of paper profits.
Lake Superior Corporation was n
week spot receding to 90 on what ap-
peared to be liquidation by tired hold
crs. The loss was regained in spirited
rally in the last hour.
AS to the remaining, local stocks price
changes were n question of small frac
tions. United Gas Improvement met
some fresh selling, but held well be-
cause of the support of underlying buy
ing orders. Philadelphia Electric was
unchanged. Philadelphia Rapid Tran
sit and American Stores made slight
gains at 2SE and 40A respectively.
In the opinion of the officials of the
leading local loaning institutions money
rates are likely to continue firm during
the balance of the current calendar
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
SILVER STILL ADVANCING
Metal Touches High Record at
$1.233s In New York

New York, Oct. 30.-Commercial bar
silver scared to still higher prices here
today, when sales were made at 81 233s
an ounce. an advance of 1sc as
compared with yesterdays price, again
establishing new high record for the
metal and the highest quotation since
the great silver market boom of the
early '90s.
At this price. bar silver is within a
few cents of the gold parity of silver
dollars, In other words, if the ad-
vance continues. the silver content Of
the silver dollars will be worth more
than the face value of the coin. Bullion
dealers are pointing out that should
this point be reached it would be profit
able to melt down silver dollars and
sell the silver in them This has been
done with Mexican silver dollars until
that coin has virtually disappeared from
circulation.
The extraordinary strength of the
white metal is said to be a large de-
mand from the Far Fast and the alb
sence of the spot metal from the mar
kets of Europe
The price of silver in London today
was unchanged from yesterdays quota
tion at 66hd.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30

year. There is nothing in sight to give
promise of any easing of the tension,
rather to the contrary, all indications
point TO growing irmncss in money
market conditions.
AS one official put it today, money
is tight and is likely to be tighter az
the year end approaches Local call
money is virtually unobtaineble under
q per cent. As a matter Of fact, most
of the local institutions are getting
much higher rate for their call money
in New York. There is also a notice
able hardening of the time money rate.
Relatively few loans have been nego-
tinted less than 5% per cent, and this
has been on the highest grade of col
lateral. 1t might be said that the time
money rate is nearer 6 than 5A per
cent.
Notwithstanding the growing unrest
of industrial labor, there is still an ac-
tive demand for funds. Most of the
larger institutions are strictly adhering
to the policy of making loans for short
periods only, in order to keep the loan
able funds as liquid as possible.
There is considerable local interest
in the affairs of the American Ship and
Commerce Corporation. Recent activ-
ity in the stock is understood to reflect
the negotiations for the acquisition of
approximately 200.0 900 tons of addi-
tional tonnage to enlarge the fleet al
ready controlled by the company 1t
is planned to make the corporation an
active factor in the shipping industry
of the country. In addition to its ships.
the corporation has at its disposal the
yards Of the Cramp Shipbuilding Co.,
taken in with tho Kerr Navigation Co..
at its organization.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
LIVESTOCK QUOTATIONS.

b.sg s4"Fe sSSs @ B1t 81 tDS 9So
@i4i5;" s6t '$SiS COO ii 10; eHm ism tights,
NS,85g q u -; heavy packing sows' s,mnog3Htm, r.
lag g l5.'9i P4CEnsa 5nMga COWS rouShs' S-'oW
10 cRFTLE PEF I"% 90 10000 head Unset,
choce gS aHd TGr bTme s9 10 a5a S hSaxg eGum ana
good, $40 5G@i675; common. Ss.36qlO.b0;
En wesnIF nI 55 S52d anI G692eG X 4% SusieT
Gamers and cutters, s. IS a 0 %; veal calves,
Steers 1913 sSSrs %ssefn
81 H,73@l22;'oi cows and hsiders s9@is%o.
LAMB, sl2 a5 a i Is. 20; cuiis and and common,
Ss.10gl u; ewes, medium, good and choice
So, 6,75.@s. Cul,s and common, S3@6.5oi breed
Pittsburgh. Oct; ao;-HoGs-Feeeipts,
Ss?9 ss'9 5?3iI sS HSSyso sorhsPs s4s s6 as
OH shrRF RiF" ANb !a GSRsR.cs,Dt. $50 head
AEvE R5"SSP "a, g. Sead r0. i"Ss Steady TOP
East Buffalo, n. Y, oct. sO,--cATTLE-
iiGo9 head, SO cents higher; s7S2o. 50i few
sss 2 Ss:R::. S; 200 ss is
Fi sHEEP 'oSESHS %EB LA&Bshseeipts s5eiFs 1900
llngs S79ll;, wethers. s0d9.5oi ewes. $50
s25i mixed sheep. ss.25Gs.75.
South Omaha, Oct. HOGS Receipts
5000 head. strong to 10c higher. Bulk
Sl3 B0Ul4; top, S14.lO.
CATTLE-Recelpts, 11,OoO head. SLOW
sHEEP@Recsipts, 1000 head. opened
strong closed weak
East st. Louis. Oct so.--HoGs---Re,
hesys aSSS nsifs sis ifP?s msqsmn SSk sifo
@I45Q; light siS.60@i4.40; light iishts.
Ha4l3. bQi heavy packing sows. smooth,
~ 22S9 3 80 l2i Is; PaSssng so%s. rough. sii'2S
" ~ ~ 2SI Tr, PIGS @SlsS0 @ ls2S - xu..s
Beef steers, medium end heavy weight.
shSlce che % apd PRIME $3.50 1850; wgsei6a51p' e65p
tov7S' iisht weisht- sood ape choice, ffo
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
CURB SELLS OFF
AFTER FAIR START.
increased Pressure on Stock Ex-
change Causes Liquidation
on Large Scale
ALLIED PACKERS IN SUPPLY

New York, Oct. 30,-The tone on
the Broad Street Curb was irregular
for a good part of the day, although
even in the early forenoon the market
was influenced by the unsettled posi-
tion in the stock exchange. Declines
ranging from | to } points were Sus-
tanned, but, after these losses, the
market stcadied itself and some stocks
showed exceptional strength.
Shortly after midday, however. the
increased pressure on the cxchang"
caused liquidation on a large scale and
further losses were sustained.
a feature was the appearance of
Studobaker rights to subscribe for new
stocks, which started at thirteen.
General Asphalt broke points in the
forenoon, to 1872, under moderate sales
and Allied Packers, which was in
large supply, sold down to 54H. Saw
old Tire came into prominence again
and made a sharp advance to above 1S
Houston Oil was traded in at 40 to
l4T, but yielded sharply after midday.
Texas Pacific Coal & Oil sold at
1872 to 1871.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30

MARKET UNSETTLED WITH
CONFUSED PRICE MOVEMENTS
The Chning Due More Technical Conditions Rather Than
to Uneasiness OUer Industrial Situation

I Nev yo,l, o. On r.,.,. -,.,,.
'oi"' 'ct' "V'-l lodaN STOCK
market had no settled tendency FOR any
considerable length Of time. Price move -
mpnts in copso,uor,o NOR, o.r,ti, ord
/ confusing in FACT NJ intor,.ai" bo,"ii :
/ dering. This bigblv cb,rnoJ conditinr
was altogether tbc outgro,ytb Of torb :.
uical. rather than bereus" of adverse
outside devioonn,epts Tho rrofcssod
uncasiness over Tho indrstrial eitvation
especially concerning tbe bitnpinons Ia ,
/ Dor controversy. was moro nrti6rioI Than
real. '''' ''''' ~ 90 ''''' '''' '''""
The urp1pasopt oyorri,b+ doyo1o,
monts in the imnpnding roal strike Of
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30

again no sign Of what could hc called
inherent weakness.
At different periods the whole market
was extremely soft. In many parts Of
the list, particularly in the high priced
industrial specialties, wide declines Oc-
cured. Still there was an under STRAIT
um of decided strength and resistance
indicated in the recupcrativc powers
which developed when selling pressure
temporarily relaxed.
The selling movement which started
in the late trading yesterday was re.
sumed at the opening on the overnight
developments in the bituminouS la Dor
situation. Declines of . to s points
marked the early dealings in the various
leaders. notably the steels. equipments,
oils and motors. The two last named
groups displaying the greatest weak
ness, Shippings and rails were also
under pressure, which apparently large
ly omapated from professional quarters.
On the quick rebound which followed
the opening dip number of the proml-
ncnt stocks made full recoveries. In
several isolated instances apprcCiable
gains over Yesterdays prices were re
corded. The improvement, however,
was Of brief duration, renewed pres
sure causing many of the active leaders
to fall below the level Of the initial
declines.
Later in the morning Texas Co. and
other oil shares and shipping led an
other rally but the surface movement
continued nervous and unsettled.
Toward midday the list stcadicd again
under the influence of the apparent cas-
ing Of the money market tension. The
renewal rate on call loans was fixed at
i per cent AS against yesterdays 5 initial
rate OF . per cent.
Stocks were at best prices Of the
lay in the last hour on Il vigorous rally
which was featured by t. s. Rubber.
Republic steel and American Intcrna-
ional.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
COPPER PRODUCTION
Cost Last Year Was Slightly More
Than 16 Cents a Pound

washington, Oct. 3O.--Copper pro-
duced in 1913 cost slightly more than an
average of sixteen cents pound, ac-
cording to the report of the Federal
Trade Commission TO Congress. made
public yesterday
The report covers eighty five com
panes in the United States, Canada
Mexico, Cuba and South America, pro-
ducing approximately 2,250 ,000, 900
pounds of copper, and 05.5 per cent of
the total production of the United
States.
The amount of investment of the
eighty five companies in 1918 was more
than $G72, 900, 900 and the profit real
lied averaged rate Of 2S per cent on
the investment.
Slightly more than fifteen cents n
pound in the Arizona New Mexico dis
trict was the lowest average cost and
more than 111a cents n pound in Michi-
gan was the highest cost of the states
tabulated in the report while copper
produced in South America. Cuba and
Mexico in 1918 cost an average of
about 151a cents a pound.
The report represents "a per cent Of
the production of Chile, II of Peru, IS
of Mexico, 20 of Cuba.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30

Is is,3i e: common and medium, ss@14i butcher
canners and cutters $50 6. 90; veal calves.
,nsht and handy weight, $l450@ls, 90
t6,5O4lO.
SHEEP-Receipts, $500 Steady to lower.
lambs, Sl2.5O@15: culls and common $50
~ yearling wethers, S10@12.50; medium
sspd sgpdd choice, s5,5O@11.75; cuis and common,
Kansas city, Oct. 2o.-HoGs--R Receipts.
tao, tao0 head Weak. Bulk, Hs 80 @h9gls;g9 gSS
lights, S18; 5O@14; light lights, $i325g
ml4
>, c, C,A,TTLE;-Recelpts A., 1000 head, Lever;
Is 25i medium and good, sil73Tl5iN0;
common. se.5Opl so; light. good and choice
Sl2 N'<ls, common and medium, SSM12.s5: {:
butcher cattle. heifers, s6.4Oai3, 85; cows,
$O,4OH II 65: cannNrs aud cutters, $5@6.4G;
yssssil -. .ca!ves, sl2 5o@1e.5o: feeder steers,
So@ 1850 stocker steers. s5,75m0.75
SHEEP-Recelpts. 1000 head. Strong.
hiaSmbs, Il sl3@l50o; culls and common, $50
iS,b0; yearlng wethers, S9.b04ll; ewes.
StH 10: culs and common, s36b,75; breed
ins Iy ewes, ST.O04l4; feeder lambs. s10.500
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30

CHICAGO BUTTER AND EGGS
Chicago, Oct. observation-disclosures
3a4s tubs. Steady. Extras, 65c; flrss $50
63iA seconds. 5OdD5+c
EGGS-Receints 1859 cases Steady
Firsts 57h q 5slS c: ordinary Arsts. 30 a 5ao;
msce cellaneous, a1@57c.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
NEW YORK COFFEE MARKET

New York. Oct. 30.-Underlying
conditions in the coffee market show
little or no change and prices, right
after the call, were about at initial
figures.
While occasionally some low Rio and
Victoria firm offerings crop out. the
offerings are promptly absorbed and
holders generally are asking con-
siderably higher prices.
Rio shippers have sold considerable
coffee during the last few weeks anu
it is possible that the supplies which
were pressing on the market some little
time ago have been withdrawn.
The market was empty. The bears
made efforts to depress values from time
to time, but quick rallies promptly fol-
lowed.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
BUTTER, EGGS AND CHEESE

New York, Oct 3O-BuTTER steady. Re.
csip.s SS9S Ss so tubs SC 54@ 39s
IS a asa c. state dairy. dsG eac' ''N'''''
EGGS unsettled Receipts, o6os cases
FRESH thered extras, 65@03c; extra frsts
dlrties No !. lo@ SIC; No. .. 43 q +nc; checks
No. /. 42m45c; undergrade 45 a 53c: re.
special marked, 5?is n 58c; state and nearb,
hennery whites. o26o5c; gathered whites
65 a 00c: western whites. 7OI0oc: Pacific
coast. M SIC: western and southern gath,
cred whites. 65mS5c; state and nearby hen
merry browns, ~ 76c; mixed colors, 70@
CHEESE steady. Receipts. 2i94 boxes
Flat current make, colored, average run.
3lh @32c; iat current make, white aver
age run, 3lA 432c; colored Specials 32L %
32% c; white specials. 32H 13o%c.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
LONDON METAL MARKET

New York, oct 3O.-Cable adviCes re
ceived Mt the New York Metal Exchange this
Tin-Spot. f277 IS an advance Of los: fu.
lures f27s. a gain of rs; straits. f277 ~.
an upturn Of los. and Singapore, 1887 los.
unclaimed Sales-Spot. 30 tons and fu.
tnrcs $50 tons, No s1dlcs of snFopore,
f1O1 Is Cd, both up lbs Cd Sales-Spot
100 tons; futures, $50 tons, E;iectrolytic
Copper-srot, flli, unchanged; futures.
r1lo, up fl Load-Spot f3O los n gain OF
rs; futures. f3l, an unturn Of rs I'd Spelter
Spot, f43 los off Fl, and futures. IA, a
less of rs Cd.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
WEATHER INSPIRES
BUYING IN CORN PIT
Attempt to Take Profits Results
in Early Advances Being
Wiped Out
GrATN REr.r WEATHER roREcAsr

GRAIN BELT WEATHER FORECAST
Chicago. oct 80 - Illinois Missouri
probably tonight and Friday warmer to-
night, colder Friday. North Dakota
fonEb ana rTdsy S9s so9tb naoa 'SGT an
tana Nebraska and Wyoming--Unsetted
Snd colder FTGsy aId 19 cogaa SHq
tonight and Friday. probably east tonight,
Chicago, Oct. 3O.-General buying,
inspired by the wet weather over the
corn belt, caused a strong tone i'm the
corn market during the early part of
the session today and a substantial ad
vance was recorded.
At the highest, resting orders filed
up the demand and later in the day,
when local bulls attempted to take
profits, the market was in no position
to absorb the offerings, with the result
that the entire advance was lost.
There was some talk about the small
receipts. and it was asserted that the
chances of building up a surplus before
the end of the year are dwindling and
those who have sold for early shipmenS
may have difficulty in filing their OBJ
legations.
The market for oats was a small
affair and prices followed the trend in
corn. Orders were evenly divided on
both sides of the market and commits
sion houses apparently sold on balance,
but this supply was taken care of by
covering by shorts.
There was no feature to the trading,
Leading futures rnaEed as followsN
Corn (new delivery Yes days
Rs;.::. R:;;" i$iN i:$i& i$$55E II$$i& .$5EE $$5EE
RsS:' RsS:::: ST. TX ~ EsR Il" ~ TX
Pork "a ,o M
Oct...... 80. ...ss s.'.s a5uu a. az
JAM. $3.50 34.SO 34'lu of'lu o''n-
Nova LARD 1880 2e.b5 ae.oo es.5O t27.e0
Jan. -. 2G65 240s a4,32 2427 24.67
Ribs ,o no 40 10
jan Jsn. js.a5 1855 issa 1870 iis,7o
'Bid. fAsksd. u
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-10-30
Liverpool Cotton

Liverpool. Oct. 30.-There was an
active demand for spot cotton today
with prices easier on the basis of n
decline Of fifty points for middIug at
~ 4Od. The sales were 10000 bales,
ihe receipts were 1400 bales. all
American. Futures were quiet in the
early dealings Spot prices were
American, mi3dling fair, 2S.30d; good
middling, 25.S0d, fully middling
20 I'D middling, "a 40d low middling
-, bod good ordinary, 20. .40d, and or
dinary, 10. 40d,
The Washington times., 1919-09-20
BONDS DISAPPEAR;
SEEK MESSENGER
Third Lot Of Liberty Issue
Found Missing in About
A Month.

NEW YORK. Sept 20.-Leo Julof-
sky. seventeen, a messenger, is being
sought today by police and private
operatives. together with $4,000 in
Liberty Bonds which disappeared with
him yesterday.
According to his employers, z. D.
Levinson and Company, a Broadway
brokerage concern, Julofsky and Will
liam Berilein, sixteen, another mes
senEer. started out to deliver $780,
600 worth OF bonds TO other concerns.
JuIofsky. il was said, failed 70 re-
turn to his office. a package deliv-
cred at the office Of Maben and Co.,
Wall Street. supposed 70 contain
100000 in bonds, was later discover
ed to be Sl4l 900 short. All the miss
ing securities were 1900 bonds Of
the third issue.
JuIofsky was employed by the Levin
son Company, September Z. The loss
is said to have been fully covered
by a bonding company.
This Is the third large disappear
ance Of Liberty Bonds within little
more than a month. On August y,
Benjamin BinkoWitz was missing
with S1TS,OOO worth securities. Eight
days later be was found murdered
near Milford Conn. Elias Teaman
disappeared September II with
&32,525 worth Of bonds.
The Washington times., 1919-09-20
GOOD CALLS NAVY
YARDS inefficient
Some Should Be Closed Alto
gether, He Tells ApprOpria-
ton Committee.

Chairman James W. Good, Of the
House Appropriations Committee, yes
terday told the House, during dis
cussion Of the First Deficiency Bill
that some Of the navy yards should
be closed because they have become
so inefficient as not to warrant fur
ther operation.
'It is to be regretted. that the ef-
Of the men in the navy yards
has fallen on 35 per cent since 1914"
Mr.. Good said. ''OnIy 65 per cent ef-
hcient is the testimony OF the officers
who have charge Of these yards, and
some Of them ought to be closed.
Some yards ought not to be permit
ted to run at ALL"
The House had under consideration
an item Of S8,3O0,OOO for q deficiency
appropriation for the navy. The
original sum asked was $1&OOOOo0.
The committee cut the appropriation
in half.
Mr.. Good said there was a proviso
In the bill that mot a dollar Of this
fund shall be expended on ships that
are to be sold as junk. We put in
another provisO that the Secretary OF
the Navy shall report the number OF
men employed in each yard and sta
ton and the number Of such men
who are below q fair standard Of
efficiency"
The Washington times., 1919-09-20
BREMEN JOBLESS
DECLARE STRIKE
Object to Reporting Twice
Daily TO- Get Government
Allowances.

COPENHAGEN, Sept. 2O.-A novel
strike Of the unemployed in Bremen
is reported by the Politiken's CORE
spondent in that German city. Ac-
cording TO his account. the unem-
ployed objected to the requirement Of
reporting 70 city authorities twice a
day. which was demanded Of them as
a condition for receiving the govern
ment allowance for unemployment.
The strikers" held a mass meeting.
called upon the labor unions TO de-
clare a sympathetic striek and held a
parade and demonstration IN the
streets. This brought them into con-
hict with the police, who dispersed
them and evidently ended the strike.
LIGHTNING CURES PARALYSIS
JACKSONVILLE, Vt, Sept I9.-Mrs.
william Paddock suffered a stroke Of
paralysis and had since been unable
10 walk. During a severe thunder
storm the other day a bolt Of light
ming struck near where she was sit
ing and she jumped up and ran. Her
legs have been All right over since.
The Washington times., 1919-09-20
WOODS WARNS
FORMER YANKS
Says Few Jobs In Detroit
Factories Are Available
For Outsiders.
Don't 90 to Dstroitg'

Don't 90 to Detroit!
This is the gist Of q Warning just
issued 70 all discharged soldiers and
sailors BY Col. Arthur Woods, assist
ant to the Secretary Of Var.
widespread, circulation has been
given TO a report ambng returned
service men 20 the effect that this
city Is greatly On need Of men and
that they can readily find jobs in
the automobile industries. AS a re-
suit Thousands Of eX-service men have
gone there, thereby taxing TO the ut
most DetrOit's housing facilities.
Don't make for Detroit just be-
cause some chance acquaintafce hap
pens to tell you that there are plenty
Of good jobs there for the asking"
is Colonel Woods advice. when you
get there you will in all probability
be disappointed IN finding that De-
trOit Is working over the problem Of
caring for its own returning men"
Employment figures show that Of
all the men applying ia Detroit for
employment, 95 per cent are from
out Of town, and the reports OF the
welfare organizations show that
practically all men applying for fl
nancial help do not live there. Not
withstandinE this burden Detroit has
responded 20 the occasion, and has
succeeded in nnding jobs for many
Of these men. However, the influx
Of labor during the past few months
has been so great that nearly all the
really good jobs have been taken.