davidaulloa/AmericanStories huggingface dataset:
The Monroe journal., 1919-10-24

have cheerfUlly headed a lynching
party for the local member OF the
legislature who was looking after
their Interests at the time the law
was passed. provided he could not
show clean hands in the matter OF
bringing the law to pass.
was not so keen ON 'possum
hunting, could hear the dog when he
was freed. but every chance | got
was game enough 10 go and not 10
mind the hour or two OF hacking and
hewing away at some monstrous tree
in which brer possum had sought
safety. and which had to be cut down
or shinnied up if his capture was 10
be effected. More oftener than mol
the rascal was never seen. Now ana
then the supposed 'possum was NY
ing squirrel or stray cat that had
been flushed BY some dog that knew
no better what was wanted of him
and whose owner would have at any
time been ready TO swear that the cur
was a simon pure possum dog ana
proof against anything else. When
the dogs would strike a warm scent
and tree a short time later there was
always a scramble TO be first at the
killing" Trees, rocks. wire fences
and kindred Obstacles were nothing
TO the hunters when their favorlte
gave tongue to his message that ne
he'd brer 'possum cornered. UsGaii.
an ak an da lantern was all that the
hunter needed to take with him. Tne
lantern was of little use TO any one
between the time the possum was
freed by the dog and when his mas
ter and companions arrived upon the
scene. The fellow who had the Ian
tern could see where he was solhs
and he made good use of the oppor
tunity. Those behind him could no
see and they generally arrived upoi
the scene half an hour behind I'M
lantern-bearer and bearing with then
cuts. bumps and scratches to mutel!
attest that in those dark woods ther'
was wire fences, rocks and othe
things besides 'possums. rememDe
one night when Gabe Helms and
were the owners. or rather Gabe wa
the owner, of a 'possum that 10
some time had been detained In dur
| ance vile within the four walls OF
rabbit gum. We decided that ina
'possum needed exercise and that
would do the dogs good TO chase MN
The Monroe journal., 1919-10-24
scAPEGoAT WRITES ABOUT
NEWSPAPERS AND Pos>UMS
Liked the Last Issue of The Journal
Eiue-StoriSs OF Postum Hunting
in the Bonds Grove Community.
By SCAPEGOAT.
By SCAPEGOAT

Nhiteville, Oct. ls.-Well. am
out OF luck tonight, or in luck, de-
pending on which way you look at il.
Came up TO the office after supper
and il set into raining TO beat the
band. Not having any rain coat OF
umbrella handy | am stranded until
il quits or slows up. Might as well
use some OF the time in trying let
ter to The Journal.
Yesterdays Journal was sure
dandy in the matter OF both news and
advertising. A paper that is lacking
in either OF these two things is falling
short of its mission and not a real
newspaper. Folks that take a weekly
or semi-weekly want local news =
things that happen about in their
county or the county in which they
used 10 live. A little neighborhood
item from some correspondent in the
community in which they used TO live
or where they have relatives is worth
more TO the average reader than Is
whole page about the League OF Ma
tions or something like that. Folks
take the daily papers to keep posted
on the happenings OF the world. Inc!
take their weekly to keep posted upon
the things at home that are nearer
and dearer TO them. One does not &c,
a heart throb at reading columns ano
columns of scare head stun In tns
dailies, such as comes with the little
eight line paragraph that appeared II
the last issue of The Journal, ane
which simply stated that il is now IL
legal to hunt 'possums in Union couh
ty except during the months OF NO
yember and December, When | rea'
that little paragraph my mind con
iured up a whole lot of fellows, iron
DIR. bill" Mccain to Bum Broom
Carl Wolfe, Uncle Jackie Stephenson
and Tom Haywood of the Bond
Grove community. If this law ma
been passed few years ago Will
The woods were thicker than they ar
now. any one of those fellows woul'
The Monroe journal., 1919-10-24

Learn New Thing Each Day.
There is something better IMAM
making living making a life
The Monroe journal., 1919-10-24
Piles Cured in 6 to IL Days

f,-,,s ,,s;- refund moncy II 7Azo OINTMENT fa2
,n ,.,rs iuhine 5 %, B'eedirs o: pgotr, IND Pie
- 5tiv relieves ls.h're Piles and ycl, cen g.
.s;tsi !. sleep at-T tie dsst srp'ics;i6o.
The Monroe journal., 1919-10-24

068 quickly relieves Constipation
Biliousness, loss of appetite ami Heal
aches. due TO Torpid Liyer.-Adv'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
New York Banks
Short of Legal
Reserve Standard
Wiping Out of Surplus the
Cause of Rise of Money
Rates to the Highest
Level i'm Three Years

For the first time since the estab-
llshment of the Federal Reserve sys-
tenn, in the fall Of 1914, the reserves Of
the New York Clearing House banks
against deposit liabilities yesterday fell
below the requirements set by law. At
the close of business the banks showed
aggregate reserves of $547,339,0 900, a
decrease of $32,373, 900, compared with
the week before, and $656,050 less than
the legal reserve requirements. The
preceding week the banks had reported
an excess of $780, 100 over the
amount of reserves required by law
The wiping out of the surplus re
serves of the banks during the week
explained why call money rates shot up
to II per cent on Friday, the highest
level in more than three years, and
caused a sharp decline in the stock
market. The selling movement in the
stock market made further progress
yesterday, and further substantial de-
cllnes were recorded in the leading in
dustrlal issues on dealings running well
over 100000 shares.
The greatest surplus reserves re-
ported by the Clearing House banks
was in September, 1915, when their re
serves exceeded the legal requirements
by 1924, 122, $50 At the end of last
week the loans and discounts of the
banks totalled S5,135,419, 900, an in
crease of $21, 057,000, while net demand
deposits increased SAB ,034,000 to $4,136,-
$4,000. United States government de-
posts decreased from 1862, 656,0O0 to
1858, 0S7 600
The cause of the great expansion in
loans and deposits Of the Clearing
House banks and the disappearance Of
the surplus reserve, bankers said, was
to be found in the unusual demands
made upon the banks during the week
as result of the heavy tax payments
the second instalment on the Federal
taxes falling due on June 16. At the
same time the government made heavy
Withdrawals of funds. This condition,
it was stated, will be only temporary,
and the funds temporarily withdrawn
will tend to return to the regular
money market channels during the
coming week.
The Federal Reserve Bank of New
York reported gold of S428 Pas, 522. com
pared with $456,O52 ,173 the week be-
fore. Discounts against government
war obligations aggregated $630,111,-
584, decrease of S4500,00O.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
The Human Machine

One would guess that forty-seven
consecutive mlllion-share days, q new
record in the history of the Stock Elk
change, with many of those days near
er two million than one million, must
necessarily put an enormous strain on
the Wall Street machine. Ones guess
would be correct. The strain has been
not alone upon the mechanical devices.
such as the ticker and the tubes and
the telegraph and telephone, but on
the multitudes Of poor human ma
chimes. A floor broker will feel like
a wreck at the end of the day. mad
some of them are unequal to their
task, Houses complain that they can
not get reports from specialists on
whether orders in certain stocks have
been filled and at what price. But
one Of the curious and hopeful as
poets has been the remarkable manner
IN which the machine has adjusted it.
self to this business. hTc clerks of
one house last Thursday afternoon
were all cleared up at G o'clock, with
only two errors in the odd lots. Three
months ago, when present activity had
Just started, they worked until 8 and
10 O'Clock at night. While the bust
ness of this house has increased about
30O per cent, its clerical force has been
increased only one-third. 1t illustrates
not only how greater business will
force the adoption of quicker and more
emclent methods but how individuals
can accustom themselves to greater
work and accomplish twice as much in
the same amount Of time, if condi-
lions make it necessary.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
A Bank Deficit

After the close of yesterdays stock
market came one of the most remark
able bank statements Of the year.
Loans went to the highest total in the
history Of the Clearing House, reaching
$5,135, 100000, an increase of S21,O57,-
900. But the most striking thing was
the deficit of $656,05O, in place of
surplus reserve. This is the rst deficit
since the days following the outbreak
of the war. October, 1914, had wit
messed the last of those decits. The
money tension may become even worse
on Monday, when income tax install
ments are due, but from Tuesday on
there should be q tendency to ease,
especially as an issue of certificates of
indebtedness natures on Tuesday. The
bank statement indicates that the II
per cent call money rate was brought
about by real shortage of funds, or,
more accurately, an excess of loans,
for, though the total reserve was $547,-
100000, lowest since February 21, that
reserve has not been as high as $780,
100000 this year. What we have is
legal, not an actual, deceit. But it does
great deal to justify the Federal Re-
serve Boards recent warnings.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Loans by individuals

There is little bit of talk that in
dividuals have taken to lending their
own money to Wall Street, recalling
the days of Russell Sage. If this prac-
tice were adopted widely it might prove
of advantage to individuals personally,
who, instead of letting the banks get
per cent or more on their money,
were to decide to get it themselves.
But when an individual does this, he
does not increase, but lowers, the
actual supply of loanable funds, and
he lowers it by a vast amount. An
individual having 100000 in cash can
lend only 100000. A bank having the
same individuals 100000 in its vaults
can use it as reserve against which
to lend half million. That would not
apply where individuals or corporations
now have their money outside of banks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
The Dollar i'm Foreign EXCHANGE

Removal Of the embargo on gold eX-
ports from the United States last
week furnished the most important de-
velopment in the foreign exchange
market This action on the part of
the Federal Reserve authorities re-
stored free market for gold, and the
lifting Of the war time restraints was
followed by heavy outflow of gold.
arrangements being made during the
week for the expectation of approx
mately $2o,ooO,OO0. Most of this gold
will go to South America.
Bankers considered the removal of
the embargo the most important step
toward rehabilitating international
finance that has been taken since the
armistice was signed. The United
States now becomes the only important
country in the world that permits the
free movement of gold over its Dor
ders.
Exchange rates last week moved
against London and Rome. French
exchange, on the other hand, displayed
better tone. Swedish exchange was
helped by the successful Offering here
Of $25,000,000 per cent twenty-year
bonds of the Swedish government
If you calculate the cost of the dol
lar in terms of foreign money at cur
rent exchange vaue-that is, if YOU
were buying dollars with pounds,
marks or francs--its value at the close
of last week, as compared with year
ago, would be about as follows:
Cost of one dollar
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
SWidish Bonds and Trade

The prospectus of the S25,0OO,OO0
Swedish government 6 per cent gold
bonds announces that "the entire pro-
ceeds of these bonds are to be used for
the purchase of commodities in the
United States" The Swedish kroner is
now at only a slight discount It's par
value is $3.50 cents, while demand
checks are now 1886. In view of this
comparatively small discount, there
has been surprise in some quarters
that Sweden should have TO borrow
here to make her purchases But the
reason is revealed III our foreign trade.
For the nine months ending March, we
sent to Sweden $40,OO0,0OO Of goods,
and received from her during that
period only $4,300,O00 worth. The COM
parlson is even more striking if we
take March alone. We sold to Sweden
then $18,000,000 of goods, and got back
less than 100000 worth in return.
This is an astounding reversal of
March, 1918, when we sent to Sweden
but 100000 of goods and received
from her $883,000 worth. The extent
to which our present unparalleled ex-
ports are due to an accumulated de-
mand is shown not only in these March
figures, but in those for the nine
months. In the corresponding period
Of 19l7-1918, we were able to ship
Sweden only $2,881, 900 worth, com
pared with $4O,ooo,OoO this year, be-
cause our energies. were given to the
was and our Allies. That figure was
sub-normal for the three previous
corresponding periods, the average was
$50,000,000
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Il. X. Saierlee Chairmen of
NY. Savings Bank Assn.

E. X. Satterlee, president of the
franklin Savings Bank, was elected
chairman Of the New York Savings
Bank Association, Group 4, which in
cludes forty-two banks in Manhattan.
Westchester and The Bronx, at the an
nual election of officers held csterday
at the Hotel Aston. Williapl f. Stevens
was appointed secretary and Edward E.
Young was elected treasurer.
Constant NJ. Bird, president Of the
Manhattan Savings Institution; Clar-
ence 0. Bigelow and William E. Trot-
ter were elected to the executive COM
mittee.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
The Markets
Stock Movement

The Saturday two-hour session was
highly irregular. On the whole the
market was inclined to be "soft." But
there were a few advances in leading
issues, notably United States Steel,
United States Rubber and Interna-
tional Mercantile. None of these
gains went beyond IL points. There
were declines of points and more in
some tobacco issues, the Royal Dutch
issues fell off 212 and 23s points, and
few of the other oil shares were
weak.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Div en- q s
Extras
Cnrhnn Stec

Carbon Steel Company.-Extra dividend 70
per cent has been declared, in addition to
the regular quarterly Of : per cent, both paw
able July 10 to stockholders OF record July
American Gas and Electric Company
Extra dividend of % per cent has been de-
c!ared on the common stock, payable July /
dividend of ~ per cent on the co opyrim1
stock, payable October l to stockholders
of record June 20 in common stock. also was
declared. The regular quarterly dividends of
cent on the preferred also were declared the
common payable on July to stockholders Of
record June 20 and the preferred August 10
stockholders of record July Is
National Bank Of Cuba. Extra dividend
of l per cent has been declared in addition
TO the regular semi-annual dividend of per
cent. both payable July | to stockholders of
rncord "
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Bid and Asked
Quotations

The following table gives the closing
bid and asked quotations for stocks
listed on the New York Stock Exchange
but not traded in yesterday:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
London Money NJ,

London Money Market.-LONpON,
June 14.-Money, 2A per cent. Dis
count rates, short bills, 3h per cent;
three months bills, 3ss per cent. Gold
premiums at Lisbon, 10000.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Regular Declarations

seamans OIL Company.-Repular quarterly
stockholders of record June 20, ~
Emivrant Industrial Savings Bank.--Seui
annual dividend of per cent has been de-
clared.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
lnvincible Issue Subscribed

Underwriters of the Invincible Oil
Corporation stock yesterday announced
That the Offering was oversubscribed.
1t is understood that the securities will
be traded on in the Curb Market for
the first time tomorrow. The new cor
poratlon is merger of oil properties
IN Texas, Louisiana and Oklahoma.
dealing with production, refining,
transportation and distribution.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Liberty Issues
approximate investment yield at the

tSales of Liberty Bonds on the New York
Stock Exchange carry interest to the date
of sale, and the seller receives this interest
in addition to the sale price
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Money and Credit

Discount Rates.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper for all periods up to ninety days:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
DIVIDEND NOTICES
OTIS ELEVATOR COMPANY

18th st. ano 1llb Ave, y. Y. &.
TEs quarterly dividend Of 81, 80 ner sn.va
"a the Preferred stoek ana sizg per snars
PIP. 70 Stockholders OF record at the close
business on Jnns 30. 1919 chscks win
70 En&iIsd. 40
n. n. PEPPER. Treasurer.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Bonds

Following is a complete record of all
transactions in bonds on the New York
Stock Exchange yesterday:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Wealtfn-Market s-nvest rmen
Federal Reserve Bank OF New York

inc weekly statement of the
June 10 compares with that preceding
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15

The Federal Reserve Bank Of Now
York has put in force the FOLLOWING
schedule of rediscount rates. which
apply to bankers acceptances: Maturi-
ties up to Is days, 4 per cent; IS to 60
days. inclusive, "a per cent; 81 to 80
days, inclusive, ~ per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15

Bank Acceptances.-Rate we're un-
changed yesterday as follows:
Thirty Sixty Ninety
spot de days. days. days.
livery: Per cent. Per cent Per cent
Eligible
member
banks ...,4i@4 414@4@ 4{s@4A
Eligible
nOn-mem-
Der banks 4}s@4 4+s@4A 43a@4fs
Ineligible
bank bllls.5A @4Ia 5I4@4lIa 5I4@4a4
For delivery within thirty days:
Per cent
Eligible member banks. ....... 4IS
Eligible nonmember banks. -. 4I2
Ineligible bank bills. 6
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-06-15
Bank Ciearings.-Bank clearings yes.

Silver.-London, 54Ad; New York,
s1.11B; Mexican dollars, s6@@ss4c.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-06
TEUTOMS CUT FOOD PRICES
Germany Is Able to Reduce Costs
y and Crush Profiteers

Berlin, Aug. 6.-(By A. P.)-The
food ministry, in statement issued to-
day, declares that the plan announced
last month to spend 1900, 200, 900
marks to lower the costs Of foodstuffs
Il proving effective in reducing illicit
trade, which by October will probably
have vanished.
The government has been purchasing
food in neutral countries and, to some
extent, in former enemy countries, and
distributing it at lower prices than
heretofore obtained After October the
government hopes to turn its atten :
ton to raw materials and create new
opportunities for industry.
Berlin, Aug. 6.-"Profiteer regula :
ton bureaus are to be established
throughout Prussia, according to plan
of the Prussian state commissioner OF
food.
A regulation bureau will be estab-
lished in each city of more than 100, ,OOC
population, especially in large indus
trial cities. The food minister has
recommended that individual states
adopt the plan in the interest of work
mems and consumers organizations.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-06
BRITISH PLAN STERN
WAR ON PROF|TEERS
Government Proposes Central
~ Authority and Will Ask for
Severer Penalties
GEllES EEEQRE CQMMQMS
R Your Part of the Gimbe August Furniture Sale Is
GEDDEs BEFORE COMMONS

London, Aug. 6.--Great Britain pur-
poses establishing central authority 10
deal with profteering, 1t was announced
by Sir Auckland Geddes, minister OF re-
construction, at the resumption TO-DAY
of the hearings by the House OF Com
mons sitting as select committee 10
inquire into the high cost Of living and
profiteering.
Sir Auckland said this central au
thority, according to the government
plan, would be associated with local ana
county tribunals. New powers would
be asked for in connection with the
project and an increase in penalties Tor
violations put into effect.
At the first sitting Of the committee
yesterday George II. Roberts, the food
controller, set forth the difficulties of
the situation in dealing with the hlgh
cost of food and other necessaries, de-
claring for one thing that deficient nome
production was responsible for some OF
the trouble, Great Britain not having
the coal or manufactured goods to ex-
change for food.
He advocated more severe punish :
ment for persons found guilty OF prof
iteering and gave his opinion that there
should be always an effective control
Of food prices and of supplies through l.
out all stages of their distribution.
Mr.. Roberts said the government was
making an inquiry into possible meas
ures for protecting the country against
high prices for meat. This statement
was made after he had suggested that
the situation with regard to an alleged
American meat combine called for inter
national action.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-06
THIRD DIVISION TO LEAVE
First Division Prepares to Start
Home August Is

Coblenz, Aug. 6.--Thirty thousand
American troops of the Third Division,
who defended Chateau -Thierry and
adopted for their unit the name
"Marne Division" will begin bidding
farewell to the Rhine Tuesday, after
eight months service in occupied Ger
many.
The First Division is preparing to
begin entraining for the first leg of the
homeeward trip August 10. Meanwhile
the French are proceeding with their
plans to occupy certain of the districts
evacuated by the Americans.
The question where the American
units which will remain in Germany
indefinitely are to have their head
quarters and garrison is now in the
hands OF Marshal Foch.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-06

Boys Blouses, 6sc. Soft collars attached.
Wholesale price today.
Boys Four-in-Hand Scarfs, 3Sc.
Boys Belts, cowhide, sizes "a to 30 in, Soc.
Black and tan.
-Gimbes. Mems Section and Grand Aisle
First floor. Ninth Street
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-06

Plaid wooden Blankets in all the
wanted colorings, from wool-and-
cotton mixed, to all-wool warp and
filing. Special August sale prices
$6.s5, s7.ss, s1o.95, SLABS pair.
White wooden Blankets, selected
from the best mills in the country.
Special August sale prices, $6.95,
SITS, $14.95 pair.
Extra size white woolen Blank
cts with a good percentage of
wool, size 72x9O inches, variously
mohair and silk bound, weight 9
lbs. to the pair, at $40 and $1o.75
pair.
Gray Woolen Blankcts-Special
August sale prices
Single bed size, at $6.s5 pair.
Double bed size, at $s.75 and
$40 pair.
A large manufacturer closed out
surplus lot Down Comfortables -
figured sateen both sides, some hg-
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-06
COAL BOARD FOR EUROPE
Supreme Council Takes Action After
Hearing Hoover

Paris, Aug. 6.-By A. PD-The
supreme council, after hearing Herbert
Hoover suggest control of coal to save
Europe from disaster, decided to create
a coal corporation committee for
Europe.
The appointment of coal commits
sion was urged on the council by ship
ping and fuel representatives of France,
Belgium and Italy, before whom Mr..
Hoover had previously appeared.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-06

Mems Madras and other summer Shirts,
$1.S5. Many are worth almost double this price.
Mems Silk Four-in-Hand Scarfs, 65c-large
selection of pretty patterns A third under price
Mems Pad Carriers, Csc.
Mems Suspenders, 4Oc. Cowhide leather ends
to match. Less than Wholesale.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-08-06
Mems Madras 1,S.x and
And Other Specials in the Summer Clearance After
Inventory Savings Range to Half

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