davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
EXCHANGE SLUMP
ruling FACTOR
Severe Drop in Sterling Brought
No Little Liquidation for
Foreign Account
TRADING WAS LlGH 7
Stock sales today on the New York
Exchange. AS compiled by the Evening
Sun, totaled ,O50, 800 shares.


New York. Dec. 1.-THE New York
Evening Suns closing financial review
today says:
As has been the case most of the time
through the current week ito date, the
| interest of Wall street was largely
centered in the foreign exchange market
which was highly erratic with the lead
| ing quotations. touching new low record
| levels, sterling dropping below S3.70.
This had n direct bearing on the mar
ket for securities in that it brought
about no little liquidation in railroad
| shares. particularly for foreign ac-
count, and presumably in some of the
industrial list as well, although the
latter were scarcely weak, except III Il
few individual cases.
Early in the session sentiment was
good and found reflection in sub
stantially higher prices for an hour or
so on the strength of the settlement OF
| the coal strike, but, in truth, that de-
velopment had already been quite gen
erally anticipated and discounted, and
| could not, therefore, act for long as a
sustaining force.
Offerings of stocks were rather more
freely forthcoming today than on We'd
nesday, and it was supposed they came
from those who had not yet sold to eS-
tablish their tax losses. This argu-
ment however, like the earlier one
about large holders being unwilling to
realize on paper profits, because they
would be taxed on them, has been worn
threadbare.
It is more likely that the bears were
selling short again. 1t may be dis
covered that the short interest is not
as large as popularly supposed. as there
have been numerous favorable oppor-
tunities to cover to advantage of late.
In any event, trading was light and far
from aggressive.
The petroleum shares, especially
Mexican and Pan American, were un-
der considerable pressure following rep
reservations made to Washington that
Carranza troops were being used to
prevent American oil companies from
continuing production. The Mexican
situation, in fact. appears to be as dis
turbing now as at any time, and the
bears, of course, sought to utilize it to
the full. The effect of coal rationing
and fuel restritions, immediate and
prospective further served to help
them, although the going was none too
easy because of hesitant offerings.
Stocks were pressed for sale in the
second half of the afternoon, with ac-
centuated weakness in the rails Cana
dian Pacific in particular, which sold
down nearly to 1876 The oils lost / to 3
points. Mexican Petroleum and Pan
American suffered extreme losses of o
and points, respectively, Crucible
Steel lost points. Most of the Liberty
bonds were slightly lower There was
further pressure against the local traC-
tion issues.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
ACTIVITY IN OILS
FEATURE ON CURB
Group Continues to Move to
Higher Leve!s-AsphaIt Ir-
regular Most of Day
INDUSTRIALS RULE QUIET

New York. Dec. 11.-Trading on the
Broad street curb today opened with
considerable activity being shown in
the oil stocks, some of these issues GO
ing to new high records.
Industrials ruled quiet most of the
day. owing, in part. to several indus
trial Issues being placed on the stock
exchange list today. The Standard Oil
issues were steady and offerings were
small.
General Asphalt opened up strong.
but later dropped almost points, then
recovered a good part of the loss.
Houston Oil held steady at 16S and
international Petroleum was sold heav-
lily at decline of l point, to 81.
Metropolitan Petroleum was also ac-
tive, opening at 31s and selling later at
3A. Simms Petroleum opened at 63h
and registered n gain of 2 points. but
quickly declined again to So. Gilli-
land Oil sold to the new high record of
as. but eased off a point on later trad
ing.
Loft held firm around 24aI. Loews
was steady, selling at 81 4.
The motor stocks ALSO held steady,
the new General Motors stock selling
as high as 35B, but later dropped
| slightly.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
BAR SILVER

Commercial bar silver was quoted In
New York today at S1.3Oh an ounce.
unchanged. In London, the price was
up Id at 7GHd.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
MARKET WAS UNSETTLED
AND INCLINED TO YIELD
Good Influence of Coal Strike Settlement Offset by Further
SeUere Declines in Exchange

New York, Dec. 1.-THE uncertain
trend of today's market strikingly ex
emplihed the increasing mental confu-
| sion of the minor spectators of the pro-
! fessional type, whose operations un-
questionably are the dominating factor
of the current market. As in the pre-
ceding sessions the general list showed
no definite trend for any length of time
There were weak spots and there were
n few strong spots. AS u while, the
market had what could be called u tired
appearance. The rank and file of the
more important operators were entire.
ly satisfied to rest on their oars and
await the clearing of the speculative
skies. which have been considerably be-
logged by the recent conflicting develop
ments. The natural tendency of the
market, therefore, was to rest, but the
fraction chasers and the dog eat dog
element of the professional trading con
tngcnt could not apparently content
themselves to remain passive. Pubic
interest was as far distant as lnde-
pendence Day is to Christmas.
There was good news and there was
bad news, one multiplying the other; that
is to say, the good influence Of the
fnal settlement of the bituminous coal
strike was Couuterbalanccd by the acute
decentralization in the foreign exchange
market. which followed reports on the
stock exchange floor that this Congress
would not authorize foreign credits. The
Mexican situation in its relation to oil
properties also caused either professed
or real anxiety.
Supericially the trend of the mar
ket was downward. Early gains made
on the settlement of the coal strike
were replaced by losses of | to t points
in oils, l to 2la points in motor shares
and to 51a points in steel issues. the
coppers high grade specialties. Upon
closer analysis, however, it was again
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
FURTHER DROP IN EXCHANGE
Operators Widely Apart on Failing
Market-Marks at Two Cents

New York, Dec. LITTLE foreign ex-
change market, at the opening, was
disordered. with operators widely apart
on the falling market. There were some
quotations at 3,70H for demand ster-
ling, loss of over five cents overnight.
The low quotations for cables was
3.71A. Francs were about the extreme
low. Swiss were an exception, recov-
ering > points from yesterdays reac-
ton.
General quotations were:
Demand sterling, 3.70h cables,
3.71H franc cables, IL 80; checks,
1872 lire cables. 1850: checks. 1882 (;
Swiss cables, 5.0S: checks, $40; guild
er cables, 3S1s; checks, 3S; pesetas ca
bles, 1890; checks, 1850; Stockholm
cables, 20; checks, 1885; Copenhagen
cables, 1905; checks, II 30; Belgian
cables, 20; checks. II %; marks, . (;
Austrian, nominal, so. Czecho- Slo-
vakia, 200; ruble notes, $3.50 for 500s
and 4.25 for zoos
Around midday sterling rallied
abruptly on covering. Demand rose
about ? cents from the extreme low
record touched this morning to 3.72H
cables 3.73. Franc cables were quoted
ut 11.75 and checks at 11.77 lire ca ,
bles 1880 and checks 1852, aud marks
were LOB.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11

found that the wider fluctuations were
still confined to the pool and clique
issues, or those stocks which usually,
by reason Of closer ownership, run coun-
ter to the general trend
Some few days ago n story was rather
freely circulated in financial circles to
the effect that the liquidation of huge
foreign loan was overhanging the mar
kct. but would not be pressed because
of the unsettled conditions. The weak
ness of Canadian Pacific, which broke
nearly 10 points to 1861. the lowest
price it has sold for in the last three
years. together with the conspicuous
weakness of other investment issues
naturally created the impression that
perhaps it had been found necessary to
close out this loan sooner than had
been expected. The character of the
selling in several parts of the list indi
Gated such operations, but there was
nothing to confirm this theory.
The softening appearance of the mar
ket became more noticeable, however,
as the morning advanced, yet the in
creasing dullncss which accompanied the
price rccessions rather suggested the
absence of urgent selling. although. of
course. there was unmistakable liquida
tion in many parts of list, but net the
kind of selling which would cause any
degree of apprehension.
The market drifted idly during the
midsession, with several noteworthy ad-
dtions to the reversal of the morning.
Shippings, tobacco, leather and textile
shares were | to ) points under yester
days final prices and rails continued to
drop. Canadian Pacific losing D points.
Selling of rails. motors, oils and
stecls forced the list to lowest quota
tions of the day in the final hour.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11

ing many reports to the contrary. They
have and always did have the whip
hand. Sooner they realize this that
much easier will be their state of mind.
A painful exhibition of the thinness
of the market for inactive issues was
demonstrated forcibly in the case of
Kentucky Securities preferred. The
stock was offered down from 60 to 81
before buyer could be found. The
last record sale of the stock was Mt auc-
tion in the early part of January, last
year, when il sold at rs. SO today's
sale, which apparently was urgent. rep
resented n drop of q in market value.
United Railroads of New Jersey. in the
same category. declined S4 from the pre-
Vious sale to 1913. Little Schuylkill was
another, with q loss of % cents at AZ,
Minehill losing the same fraction at so.
Philadelphia Traction, was still another,
which made new low record at 60. Z
On the other hand, the reassuring
statement made yesterday by Joseph
Moore, Jr., president of the Pennsyl
vania Salt Manufacturing Co., concern
ing the affairs of that company served
to check the senseess sacrifice of hold
ings being made by the shareholders of
improved ST. advancing to 73.
In the meantime Pennsylvania Rail
road struck new bottom at 4O1s, an
overnight loss of nearly 81. United
Gas Improvement equaled its low rec
ord at 80. Lehigh Navigation touched
5SR. Philadelphia Electric was Of
fered moderately at PAP. Electric
Storage Battery, on light trading,
moved M a. cents to 1873. Later de-
clined to 1877.
Although nothing came out over
night to explain the sudden outburst
of strength in Lake Superior Corpora
tion in the late dealings yesterday, the
stock was well sustained, making a
good rally to 20A, after dropping 81
to 20 in the first hour. The movement,
however. was obviously artificial.
The declaration of the regular uqar-
terly dividend Of per cent, or, 81 a
share. was in line with the recent
frank assurances given by the manage
ment that there was no intention of
making any change in the existing 8
per cent per annum rate of dividend
on the stock.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
New York Metal Market

New York. Dec. 11.-COPPER--Ali
months. lsh c bid. Market quiet. LEAD
Spelter. East st Louis, all months $500
e.45c Market easy,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11

Leading futures ranged as follows:
Corn (new delivervl- Y!
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
COTTON CROP REPORT
SENDS PRICESLOWER
Governments Estimate Above
Private Estimates-StapIe
Declines SIS to $3.50 Bale

New York. Dec. 1.-THE Depart p
ment of Agriculture's report. estimat
ing cotton, crop of II ,03O, 900 bales,
was considerably above average private
estimates and led to heavy selling after
2 o'clock. under which prices broke from
35 to 40 points, making 100 to 1SI
points decline from last nights close,
or So to $3.50 per bale.
The fact that the crop was short
probably lessened the effects of the re
port considerably. as there was lot OF
covering on the break, which stabilized
prices a good deal.
After the report appeared the mar
loss of about 100 points on March.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
COTTON CROP SHORT
Below Last Year and the Average
for Precedlna Five Years

Washington, Dec. 11.--Total cotton
production in the United States for the
1910 1920 season will amount to 81
275 .006, 900 pounds. exclusive of linters,
which is equivalent TO II .030, 900 bales
of 800 pounds gross weight, the Depart
ment of Agriculture announced today
in it's final estimate of this years crop.
The departments last estimate, made
on the condition of the crop September
-. was 10 .606, 900 bales. while the first
estimate of the season. based on June %
conditions, was 1O,9SG. 900 bales. Last
years crop was 12.040.532 bales; the
average for the five years 101317 was
1881 Jos bales. and the record crop
16. 134 .930 bales. in 1914.
The average gross weight per running
bale is estimated Mt J00.2 pounds gross
compared with 505.G pounds last year
and 506.3 pounds the average of the five
years 1013-17.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11

To'1l soles.l3.71a shares. compared with
II. 400 shares yesterday. Thus fer 'hin
week. 81 .00G shares. Same period last
week. ~. G7S
Sales in BONDS Net
$1,000 High Low Close chse
10 Elec & Peo
Tr As -. 62A 61B 61B- x
l leh Val gen
As ...... 20 20 20 =.
s Lib Bonds
4th AIS. 02.10 92.02 92.02-.1 ~
! Market st
Elev As. so so so
IN ] Tr 5s. 70% 70% 7OM.
G1a Nat Prop
4Gs 49,. 81 - 81 --1M
u Phila Elec
list 5s..., SoM S0A Soh-3M
Pub Ser Us 80 80 80 -L2%
I Read gen. Is 79M 79H 70H- u
Bonds $40. 900. compared with S15o, 200
Yesterday. ThusN far this week S33S 7OO
Same period last wcei;. S257,4OO
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
Kansas Has HIe Wheat Crop

Topeka. Kan, Dec. 1.-THE final
official report on the 1919 wheat yield
in Kansas. issued today by the State
Board Of Agriculture, shows produc-
ton of 145 .705 ,455 bushels winter
wheat and 8l3 ,7a7 bushels spring wheat.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-12-11
UNFAVORABLE NEWS
CAUSES LOSS IN CORN
Foreign Exchange, Heaviness in
Stock Market and Weather
Ammunition for Bears

Chicago, Dec. l1.--Scvere losses oc
CURED in corn today under general IL
quotation. profit taking by longs ant
aggressive pressure from bears.
The start was stronger under fairly
general buying, due 20 continued light
receipts and meager supplies at terminal
points, but soon was on the toboggan
owing to flood of unfavorable news,
Shipments of corn from Argentina
for the week were estimated at 200.
600 bushels.
Leading futures ranged as follows: w..
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21

France has courtecusly but firmly
refused TO consider the stringy meat
Of the bony Montana wild range horse
Washington dispatches declare that
United States Senator T. J. Walsh Of
Montana. who took the matter up with
the French high commission, was told
that France was not in the market
for Montana horse meat on any terms
Sale OF the range horse for food
has long been agitated. as he devours
the range. He is worthless as a horse
and to round him up. slay and bury
him would cost too much money. He
is too numerous to kill and let lie,
since he might start a plague. Va
rious projects to can him have been
gently seorned by American meat
packers, and the solution of the prob
lem. 1t would seem, is not yet.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21
New years Crop
STOP SLAUGHTER OF BIRDS
wardens Wage Constant War on I'm
principled slayers Of Feathered
Friends Of the Farmer.

The guardian Of the birds on pro-
teeted lands is an important part of
the work of the federal and Audubon
authorities. Although state and ma
tional laws have been passed making
II wrong to kill the birds for their
plumage. plume hunters are constantly
raiding the nests of the waterfowl and
killing them for the sake Of the prices
the wings will bring. Thus constant
watch Is necessary. Patrol boats are
constantly lowering along the shores
Of the reservations. and more than one
pitched battle has been fought to save
the egret or gulls from slaughter. In
Florida. one of the hest game wardens
of the Audubon society was killed by
bird butchers.
If those who call the robin the thief
of their fruit, and hate him for his
early morning raids on their berries,
would realize that the little fruit
spoiled is light dessert for the huge
quantity of insects killed before the
fruit was touched. then their feelings
would be more kindly. Cutworms and
cranefes. which do great harm 10 grain
crops. are favorite foods for robins.
while lenf-bettles. vine-worms, etc, are
eaten In great numbers.-Exchange.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21
WOMEN NEED SWAMP-ROOT

Thousands Of women have kidney and
bladder trouble and never suspect it.
Womens' complaints often prove to be
nothing else but kidney trouble. or the
result Of kidney or bladder disease.
II the kidneys are not in healthy
condition, they may cause the other or
gans to become diseased
Pain in the back, headache, loss Of am.
b.tion, nervousness, are often times symp-
toms Of kidney trouble.
Don't delay starting treatment. DR..
Kilmer's Swamp-Root, a physicians pre-
scription, obtained at any drug store. may
be just the remedy needed to overcome
such conditions.
Get medium or large size bottle i'm
mediately from any drug store.
However, If you wish first 10 test this
great preparation send ten cents to DR..
Kilmer & Co., Binghamton. N. Y, for q
sample bottle. When writing be sure and
mention this paper.--Adv.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21

| those stiffened joints, that baekache, rheu-
matism, lumbago, seiatica, gall stones,
gravel, brick DUST" etc. They are an
effective remedy for all diseases of the
bladder, kidney, liver, stomach and allied
organs.
GOLD MEDAL HARLEM Oil Capsules
cleanse the kidneys and purify the blood.
They frequently ward off attacks of the
dangerous and fatal diseases Of the kid
neys. They have a beneficial effect, and
often completely cure the diseases Of the
bodily organs, allied with the bladder and
kidneys.
II you are troubled with soreness across
the loins or with Simple" aches and pains
in the back take warning it may be the
preliminary indications Of some dreadful
malady which can be warded off or cured
if taken in time.
Go to your druggist today and get box
Of GOLD MEDAL Harlem Oil Capsules.
Money refunded il they do not help you.
Three sizes. GOLD MEDAL are the pure,
original imported HARLEM Oil Capsules.
Accept No Substitutes.-Adv.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21
WEAK KIDNEYS MEAN
A WEAK BODY

When you're fifty, your body begins to
creak little at the hinges. Motion is
more slow and deliberate. Not so young
as | used to be" is a frequent and unwei-
come thought. Certain bodily functions
upon which good health and good spirits
30 much depend, are impaired. The weak
spot is generally the bladder. Unpleasant
symptoms show themselves. Painful and
annoying complications in other organs
arise. This is particularly true with el-
DERBY people. II you only know how, this
trouble can be obyiated.
For over 200 years GOLD MEDAL
HARLEM Oil has been relieving the in.
convenience and pain due to advancing
years. 1t is standard, old-time home
remedy, and needs no introduction. 1t is
now put up in odorless, tasteless capsules.
These are easier and more pleasant 10 take
than the oil in bottles.
Each capsule contains about one dose Of
FIVE drops Take them just like you would
any pill, with small swallow of water,
They soak into the system and throw on
the poisons which are making you old be
fore your time. They viii quickly relieve
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21
SPRAINSl RUB PAINS
AND SWELLING AWAY
Don't sufferl Go about your duties
Relief comes the moment you
Apply "st. Jacobs Liniment."

Don't stay crippled Rub this sooth
Ing, penetrating liniment right INTO the
sprain, ache or strain. and out comes
pain. soreness, stiffness and swelling
Nothing else penetrates. heals and
strengthens the injured muscles
nerves, tendons and ligaments 50
promptly. 1t doesn't burn or discolor
the skin and can not cause injury
Don't sufferi Get a small trial bottle
from any drug store now-limber up
Rub the misery right out. A moment
after est. Jacobs Liniment' is applied
you can not feel the slightest pain OF
soreness. and you can go about your
regular duties.
est. Jacobs Eminent conquers pain.
II has been used effectively for sprains,
strains, soreness and stiffness for 60
years-six gold medal awards.-Ady.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21

To be possessed of q head of heavy.
beautiful hair; soft, lustrous fluffy,
wavy and free from dandruff Is merely
a matter of using little Danderine.
1t ia easy and inexpensive to have
nice, soft hair and lots of it. Just get a
small bottle of Knowlton's Danderlne
now--it costs but few cents-all drug
stores recommend it-apply little as
directed and within ten minutes there
will be an appearance of abundance,
freshness, flufiiness and an incompara-
bic gloss and lustre. and try as you
will you cannot find a trace of dandruff
or falling hair; but your real surprise
will be after about two weeks use,
when you will see new hair-fne and
downy at first--yes-hut really new
halr-sprouting out all over your scalp
--Danderlne is. we believe. the only
sure hair grower. destroyer of dam
drum and cure for itchy scalp, and 1t
never falls to stop falling hair at once.
If you want to prove how pretty and
soft your hair really is, moisten a cloth
with little Danderine and carefully
draw 1t through your hair-taking one
small strand at time. Your hair will
be soft, glossy and beautiful in Just
a few moments--a delightful surprise
awaits everyone who tries this. Adv.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21
FRECKLES
Now L The Time 10 Get Ria Of Thes. UyIv soo,.

There's no longer the slightest need Of feeling
ashamed OF your freekles as othine--double
strengths guaranteed to remove these homely
spota.
Simply get an ounce Of othine--douhie
strength--from your druggist. and apply little
Of 1t night and morning and you should soon see
that even the worst freckles have begun to dis
appear, while the lighter ones have vanished en-
tirely. II Is seldom that more than one ounce
Is needed to completely clear the skin and gain
beautiful clear complexion.
Be sure to ask for the double strength Othine.
this Is sold under guarantee OF money back
u 1t falls to remove freckles.-Ady.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21

albert Pennyroyal Jones, tell me this
minute where you are going" demand
ed the head of the house.
'Why-er-my dear" explained Al
bert meekly. Il "; s-rr-going to
lodge
"A likely story, indeed. You were go
ing to do nothing Of the kind
'Yes. was about to say that I was
going to lodge-er-a complaint with
your dressmaker that she was making
your clothes too cheap looking
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1919-03-21
AVOID INFIUEKxA AND
. sSss' I1lllAkS RlEst Oh e


"Heyl You, there, with the sorrel
top" snarled a customer In the rapid
fire restaurant. MY orders been in
twenty minutes, and l don't want to
wait all day for It. See?9
What you want amt what you
needr' retorted Claudine, the whit
ress. .You need book on etiquette.
II manners had been raining down
from Heaven forty days and nights
you'd still be a rube. Try that on
your canary l"--Kansas City star.