davidaulloa/AmericanStories huggingface dataset:
Evening star., 1919-11-15
TRADE CONDITIONS.

NEW YORK, November. 15:-Dun's
review Of the weeks trade says:
."Readjustment Of an overextended
speculative position has made for
more wholesome conditions in the Sc
curities markets, and the resembling
of the coal strike order has. strength
ened business prospects. No wide
spread or serious interruption of
manufacturing or transportation has
resulted from the walkout among the
miners, and the gradual resumption
of operations in the bituminous fields
has allayed apprehension of a.general
industrial setback through lack of
fuel. -
"Yet different branches Of enterprise
are still greatly inconvenienced by Ia
bor troubles that limit outputs at n
time when the fullest possible en-
ployment at mills and factories is es-
sential, and rise in Dun's index num-
ber of commodity prices to q level
closely approximating the high record
Of the summer reflects the growing
shortage Of supplies of many neces-
"Reports. of cancellations of mer-
chants commitments are less an in
dication of diminished purchasing
power than Of inability to have re-
uuirements satisfied, and some inter-
ests. with order books already con-
gested, have withdrawn salesmen from
the road and are rejecting offers of
profitable contracts from new Gus
TONER'S.
Evening star., 1919-11-15
SUGGESTS CATCHY TITLES
FOR SHAKESPEARE PLAYS
British Actress Explains Why
Glow Could You, juliet" Would
Be Better Box Office Aid.

LONDON, October 25 Corresponds
ence Of the Associated Press)-Jus-
tina Wayne, dramatic actress, finds
an explanation Of the question as to
why Shakespearian plays seldom win
financial reward in what she terms
Shakespeare's inability to give his
productions catchy titles. She suS-
gests repertoire of the bard's plays
rechristened to meet popular demands
for stimulating titles.
She suggests How Could You,
Juliet" as more appropriate than
plain Romeo and Juliet" She also
would substitute Call of the Flesh"
for The Merchant of Venice;
''Strangled in Bed" for "Othello": !:
''The Nutty Princess" for Ham
LETT: Hon. Whom Do You Love-" for
Henry w; big Dick" for Richard
the Third" '"The Knife" for Julius
Caesar" ana Moonlight and Honey
suckle" for "MidsuMmeP Nights
Dream.
Evening star., 1919-11-15
WILL MEET TO FIX EXACT
INTERNATIONAL BORDER
Erratic Course of the Rio Grande
Starts Both United States
and Mexico to Action.

MEXICO CITY. October 80 (corre-
spondence OF the Associated Press).-
Commissions representing the United
States and the Mexican governments
will meet soon in Monterey, Mex, to
define the exact international borders
Of the two countries, according to
newspapers here. The Rio Grande
riYer has always been accepted as the
boundary line, but of late it has
shown an erratic disposition, at many
places leaving it's old bed and wan
dering aimlessly north and south. and
it Is deemed expedient to dx the
boundary by other means.f
Lucius D. Hill, HenryP. Corbin and
W. ". Tinsley are named as the Amer
lean commissioners. Antonio Prieto
Will head the Mexican representatives.
Evening star., 1919-11-15
Latest News and Comment Relating the Financial World
CURB STOCKS FOLLOW
/ LEAD OF BIG EXCHANGE
rom Financial Department Evening Post.

From Financial Department Evening Post.
NEW YORK, November 15.-The
weeks trading on the Broad street
curb included a record of violent de-
clines and almost equally violent ad-
vances. The market after showing
steady tone during the first few days
was acutely disturbed later by forced
liquidation of many holdings, which
was attributed to impairment of mar
gins on stock exchange accounts, in
which many curb issues were carried
1t was matter of current report
that one group Of stock interests
which had been identified with the
organization of many companies and
had controlled until now their man.
agement and market movement were
compelled to turn them over to
stronger associates at material sacri-
fees.
Allied Packers was one of the weak
est features when the decline was in
progress. selling down from 81 to 3S
and then rallying to 40.
General Asphalt ranged from 147 to
124 with a rally to 1876, and A. and T.
securities yielded 19 points, falling
from 74h to 551a. following by an up
turn yesterday to 66h. Vanadfum
Steel was another weak feature.
dropping from 551s to 471s, with
rally to 55A.
Tobacco Products dropped from 30
to 25 and later rallied to 81.
Evening star., 1919-11-15
STRIKE IN CHILE SETTLED.
Copper Miners Return-0ther La.
bor Difficulties Reconciled.

VALPARAISO, Chile. November 10
The strike called early last week in
the copper mines of the Braden Com
pany at Rancagua, forty miles south
Of Santiago. has been settled. Eight
thousand miners had been idle.
Other labor difficulties in Chile have
been reconciled and good feeling
exists between employers ana work.
men,
Evening star., 1919-11-15

NEW YORK, November 1.-THE
actual condition Of clearing house
banks and trust companies for the
week shows that they hold $H.11o,-
$50 reserve in excess of legal require
ments. This is a decrease of $49,1S2,-
zoo from last week.
Evening star., 1919-11-15
New York Mercantile Paper.

NEW YORK, November 15.-Mer-
camille paper. 5k. Sterling So-day
bills, 4.o5A; commercial s0-day bills
on bank, 4.05; commercial 60-day
bills 4.O4; demand. 40; cables, 4.10A.
Francs. demand, 9.53; cables. 9.51.
Guilders. demand. 37ss; cables. 874s.
Lire. demand. 11.9o: cables, 11.85.
Marks, demand. 2.50; cables, 2.65. Gov
sfnment bends, easy; railroad bonds,
steady.
Evening star., 1919-11-15
Liberty Bond Prices.

NEW YORK. November 15.-Final
prices on liberty bonds today were:
3hs, 10o.44: first As. 94.70; seconds 4s
90. 90; first AIS. s4.7o; second 4As, s3:0s;
third AIS, $3.50; fourth AIS, 1912;
victory 3%s, 1886; victory ANS 1894
Evening star., 1919-11-15
Washington Stock Exchange.
SALES.

Capital Traction, 10 at 81.
Columbia Graphophone pfd., 10. at 901s, 10
at 95k.
After call:
Washington Railway and Electric As, 81 900
at g., 81 600 at 81, 81 600 at g.
Columbia GraphOphone CON-, IS At 66E, 25
ct 66k.
Bid and Asked PriceA
Evening star., 1919-11-15
French Bourse Prices Stronger.

PARIS, November 15.-Prices were
stronger on the bourse today. Three
per cent rents. 60.45; exchange on
London, 3s1; per cent loan, sS.97.
The dollar was quoted at 9.42.
Evening star., 1919-11-15
Oils Make Good Recoveries.

The Independent oil stocks also suf-
fered severe losses. but the recovery
carried some of those stocks yester-
day up to a new high price for the
week. International Petroleum was
the strongest feature of the trading
on the curb and after dropping from
50x to 43h advanced to the new high
record Of SO.
Shell Transport and trading declined
from s2A to 74h and Midwest Re-
fining dropped from 165 to 155. with a
rally to 166.
Home Oil was heavily traded in with
the stock taken in large blocks by in
terests that have recently become
identified with the property and did
not suffer to any special extent when
other issues were on the down grade.
Acme Coal was also well held, show
ing a firm tone all through the week.
1t was officially stated that operations
of the company are extending largely.
and it was believed that within few
weeks the company will load two
thousand tons daily after the install
Iation Of the electrical equipment.
Mining stocks were active. but al
though in good demand. the supply in
some issues was excessive, causing
moderate declines.
Evening star., 1919-11-15
China Has Supply.

BY the time the demand for silver
from there ceased world shipping con-
ditions had improved to such an extent
that China was able to roll up tre-
mendous favorable balance of trade.
AS the country is on a silver basis, this
balance has been chiefly met with ship
ments of the white metal from the
United States and the Chinese bank
reserves which were depleted by the
Indian drain have been thus re-
plenished. In spite of the recent sharp
advance in the price for silver, the far
eastern exchanges continue to rule
above the silver export parity Thus
China is still in a position to take silver
from this country
Evening star., 1919-11-15
No Repetition at Present.

Probably the mistake will not be
repeated hereafter at present, the
thing to be thankful for is that the
reserve bank finally acted when and
as it did.
The American market, along with
the, markets of all other nations, is
entering on an uncertain future. in
which, at some time more or less re-
mote, the world will have to face the
economic reckoning for the stupen-
dous destruction of capital since July,
1914.
Whenever the reckoning comes, it
hardly need be said that it will fall
with the greatest severity on what
ever market shall have subjected it.
self, in the period after the war, to
the most reckless overexploitation and
overstrain of credit.
Evening star., 1919-11-15
LOCAL STOCKS STEADY;
TRADING VERY LIGHT

Today's session of the local Stock
Exchange showed Increased business
as compared with the restricted move
ment of the last two or three days, but
the market was far from lively.
Columbia Graphophone furnished the
bulk of the transactions, the common
stock selling at 6611s and the preferred
at 95h.
Capital Traction was firm at 81.
The usual inactive list showed no ap-
preciable changes in quotations.
Railway As sold at 62.
Evening star., 1919-11-15
Stubborn Bowels Tanned

Positive I'm action. yet Natural.
comfortable, pleasant, DE-. Kings
New Life Pills are n boon to bowels
that need assistance. They climb
nate fermenting waste anQ put
the system in normal shape. All
druEgfsts-25c n bottle.
Evening star., 1919-11-15
Higher Rate Not Feasible.


It was probably not feasible to es-
tablish at that time higher redis-
count rate. But a stern and positive
warning of what was to be expected
II the spectators went too far was
as easily practicable then as was the
Bank of England's peremptory notice
to the joint stock London banks of
1906. who were financing Wall streets
millionaire oyerspeculation. But the
board merely explained how little
need the commercial borrower had to
worry over the 10 and Is per cent call
money rates of Wall street Nothing
was more certain than that specula-
tive Wall street would draw the in
ference that it also need not worry,
that the reserve. banks would keep
their hands off. And sosthey did. until
the dangerously rapid depletion of the
federal reserves resources, largely as
a result of the speculative borrow
ings, began to threaten even it's mer-
camille constituency.
Evening star., 1919-11-15
BAR SILVER QUOTATIONS.
New York Bank Statement.

NEW YORK, November 15.-Bar 81
yer, 1924; Mexican dollars, 97ss.
Evening star., 1919-11-15
Second Coupons Payable.

Coupons on the second liberty bonds
were due and payable at the various
banks today and large numbers Of cou-
pons were cashed. This was the only
bit Of federal financing.
1t is now over sixty days since the
Treasury Department issued its latest
block of Treasury certificates. Many
bankers rather expected an offering to-
day. but were agreeably disappointed
when no announcement was forthcom-
ing.
Business at the banks was very good,
but actual news Of any importance was
missing.
Evening star., 1919-11-15
Grave Situation.

This would have produced the gravest
sort of situation. particularly as the
country was already lowering on the
brink of revolution. The shipments
from this country continued for little
over a year and total of 260,000,00
silver dollars was reduced to bullion
and sent to India. 1T is understood that
the Indian government paid S1.0l1 X an
ounce for the metal.
In the meantime, in order to con-
serve whatever stocks of silver were in
the market here and in Canada, the
United States and Canadian govern
ments promulgated an embargo on all
private exports of the metal. The ban
continued until the middle of the pres
ent year, and with its removal the
United States government discontinued
making any further shipments to India.
Since the cessation of silver exports
from this country to India, the Indian
government has remained out of the
market for silver. 1t has instead been
fortifying its currency reserve with gold
which it has secured in this country
and in London. Virtually all the offer
ings of Transvaal gold made in London
are now finding their way to India
Evening star., 1919-11-15
Legislation a Substitute.

Among the lesser ills is to be noted
the reliance placed on legislation as
a substitute for economic processes.
The impression persists that the ex-
of our governing bodies, concerning
the conduct and direction Of busi-
ness during the war, has created
habit of mind that sets economic laws
aside in favor Of legislative enact
ment, thereby resulting in an undue
complexity of regulations and laws
on the one hand, while on the other
tending to give scant measure of
attention to very pressing and nee
essary legislation.
Evening star., 1919-11-15
MARKETS BLOW-UP
NO NEW SENSATION
Same Old Story Oft Repeat
ed-CriticiSm of Federal
Board Unjust.

From the n. Y. Evening Post Financial Bureau.
NEW YORK. November 15.-On the
whole. it cannot be said that much of
the published comment on this weeks
market with the spectators is illu
minating.
Evening star., 1919-11-15
Criticism Misdirected.

The criticism Of the federal reserve
is misdirected, but it is only fair to
say that there is ground for criticism.
quite apart from the maledictions of
unlucky spectators.
The reserve board showed by it's Of
ficial utterances of last June that it
saw what was coming. 1t must have
been aware that the one great weak
ness in the theory of the federal re-
serve was that, though the reserve
banks were forbidden to rediscount
loans on stock exchange collateral,
there was nothing to prevent a bank
from rediscounting it's legitimate
commercial paper and putting the
proceeds at the stock markets dis
posal.
+ The board knew last June, and so
did all other intelligent watchers of
the market. that the spectators and
their banks were pledging liberty
bonds with the federal reserve banks,
using a privilege granted in war time
to stimulate subscriptions, and were
throwing the resultant credits, into
the lap of the Wall street specuIat-
orS.
Evening star., 1919-11-15
Returning the Railroads.

Perhaps the most important matter
demanding early legislative decision
is in connection with the return of
the railroads to their owners, which is
scheduled for January l next. AL
though the best minds of the country
have been prolific of suggestions and
plans for accomplishing the restora-
tion with justice to all parties con-
cerned. the Cummins bill, which is the
principal plan now pressing for enact
ment, falls far short OF meeting
unanimous approval. Nor is it prob
able that the roads will be granted
an increase in rates while they are
still under the control of the railroad
administration. although the neces-
sity of such increase has been re-
deficit of nearly half billion dollars
which has developed in railroad earn
ingS under government control is not
sufficient proof that the increase is
imperative: In fact it does not seem
to be realized that the deficit under
government control must be paid for
in taxes. while a compensating in
crease in rates under private control
would. secure much wider and less
burdensome distribution and would
have but a nominal effect on COM
modify prices in general.
Steel Reduction.
% ItaT tlfe CuTtdIIInent OF, steel pro-
duction because of the strike has
amounted to upward of 100000 tons,
while in the iron branch of the indus
try the restriction of output is best
measured by the fact that within a
week after the strike was called the
number of blast furnaces had de-
creased from 266 to 166. Although the
industry as a whole has been gaining
ground rapidly since that time there
is nevertheless large deficit in pro-
duction which could be lily spared in
view of the large demand. It is esti-
mated that the demand in sight is so
great as to absorb fully capacity for
1920 delivery.
Evening star., 1919-11-15
Not New Experience.

Nothing of this is a new experience.
When Wall street is told in the daily
press how the crash has shaken the
whole country and ruined thousands
of innocent investors" it has strong
recollection of having heard the same
thing before.
Those innocent investors, the
widows and orphans who bought I'm
ternational Power" at 190 on a 10 per
cent margin in 1902. Amalgamated
Copper at 120 in 1907. Bethlehem Steel
at 700 in 1916 and General Motors at
400 in 1919. are hardy perehnials.
The outcry over the behavior of
banks who would not lend any longer
when speculation had gone beyond all
sane limits. is equally familiar.
In this regard, the only novelty is
due to the change in our banking sys-
tenn. the denunciation directs itself
this time to the federal reserve. The
reserve bank either ought to have
acted earlier or it ought not to have
acted at all. There is apparently an
undertone of feeling that If the fed
eral reserve people meant to stop the
speculation they should have done SO
before you and had got ourselves
entangled in it.
Evening star., 1919-11-15
CHINA HOLDS SILVER
AND WANTS MORE
Distrust of Paper Money
Chief Cause of the Big
Advance.
From Wall Street Journal.

For an explanation of the rise IN tlfe
price Of silver to above the gold parit!-
Of silver dollars. one must look chief,
to the far east. 1t is principally the dc
mand from that quarter. first from In
dia and latterly from China, which has
driven the price to a level not witnessed
in almost five decades.
Not many months after the outbreak
Of the war a scarcity OF silver rupee
appeared in India. With the placing o.
orders for Indian products by the allied
nations, the interior trade of the coun
try commenced to expand on an enor
nous scale. and the requirements OF the
media of payment increased correspond
ingly. At the same time the politica
disaffection in India, which was NOR
or less instigated by German agents, Re
suited in the public showing a decide
preference for silver rupees as against
paper currency, which is redeemable IL
the silver coins.
In order to supply itself with silve
and meet the increased demand for tn
| coins the Indian government first turn
ed to China. In 1915 Shanghai had .
superabundant supply OF the metal
Stocks amounted then to $4,000, 90.
ounces. which was an abnormally high
| figure. But in the course of the mex
| few years. the drafts made by India re-
| duced the supplies until they stool at
! the exceedingly low figure of 20,000.o0o
| ounces in the early part of 1918.
India Reduces China's Share.
| 1t was now impossible for India to Sc
cure any further amounts Of the whit
metal from China. But the need of it
was more pressing than ever, inasmuch
as the native population had made Il
veritab1e run on the treasury, present
ing notes for redemption in silver
rupees. At this critical Juncture the
Indian government through Great Brit
ain appealed to the United States, which
! had the only available stock of silver In
the world. consisting of about 56S. 269, 00n
silver dollars. Responding to this ap-
peal, the United States Congress enact
ed in April of 1918 the Pittman act,
which empowered the Secretary of the
Treasury to melt down and ship abroad
a maximum of 350.000 900 silver dollars
So acute was the crisis at the time In
India that silver was shipped by the
United States government even before
the Pittman law was passed. 1t has
been stated that had the shipments
been delayed few weeks the Indian
currency reserve would have been eX-
| hausted and the Indian government
| would have been forced to suspend pay
ment of its currency notes.
Evening star., 1919-11-15
OIL STOCKS.

Quotations furnished by ". B. Hibbs 20.
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1919-02-11

NJ a TX EFT
Reports Of
Cotton, Grain and
Provisions
New York Cotton.

New York, Feb. 1O.-The cotton
market was very nervous and unset
tied again today, hut an early break
into new low ground Tor the season
on old crop months was followed by
sharp rallies, with the close. steady
at net advance of to 27 points
higher.
There was buying in Liverpool and
houses with continental connections
at the start. while there was also COW
ering Of the sort that had been in
progress at the close of Saturday.
Buying orders however were soon
supplied and the market turned easier
under local and Southern selling. AS
prices yielded without encouiltering
any aggressive support, the selling BE-
came more general and the market
was extremely weak and unsettled
during the middle of the day.
Foreign buying of new crop deliv-
cries continued, which held them rel
atively steady, but October sold off
to 1S.40, or As points net lower. The
pressure then became less active and
the market steadied in the late trad
ing cn reports of improving labor con-
diticns, talk of larger domestic CON
sumption figures fer January and re-
ports that the lower prices were slim
ulating the agitation for reduced acre
age in the South.
Some Southern and New Orleans
selling developed On the advance and
the close was few points off from the
best. Low grade discounts are still
increasing, with good ordinary now
quoted at ~ cents . pound below
middling in the Montgomery market.
Spot cotton quiet; middling, 25.16.
Cotton closed steady. The range
High Low Closing
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1919-02-11
Grain and royisions.

Chicago, Feb. 10.-Gossip that ex.
porters were nibbling for corn, helped
to bring about a rally today in prices.
The market closed firm, f-l@1 Lie
net higher with May $1.12 3-4@L12
rs and July $1.O93-S@1.O9 1-2. Oats
finished unchanged to 7-Sc up and pro-
visions at an advance of 50c@$1O0
Nearby deliveries of corn displayed
the most strength and 1T YVES shown
that experts from North America last
week amounted to 418,0O0 bushels as
compared with $4,000 bushels the week
previous. Fresh sales of $4,000 to ex-
porters were also announced.
Notice was taken too. of a decrease
Of $4,000 bushels in the United States
visible supply total.
Oats merely paralleled the action
of corn.
All provisions advanced to the days
maximum limit.
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1919-02-11
POUND SALE NOTICE.

Notice is hereby given that the fol-
lowing described animals have been
taken up and impounded under the
Ordinances of the City of Pine Bluff.
tO-wit:
One red mule COW, marked crop off
the left and split in the right; brand
ed III" on left hind hip; one red calf,
marked crop eff the left and split in
right one red and white heifer, about
2 12 or years old, split in each ear.
The owners Of said animals are
hereby requested to prove their own
ership or interest in SAID animals on
or before the goth day Of February,
1919. &.
Upon failure of said owner or own
ers to prove their ownership or in
tefest en- or before said day. said an
imals shall be sold at Public AUG
ition at the City Pound for cash to the
highest bidder at 10 o'clock a. III.
]. F. STEWART,
Chief of Police, City Of Pine Bluff
PILLS
Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1919-02-11
AVOID The FLU
BY KEEPING
LIVER ACTIVE
Doctors Find Ca!ofabs, the New Nan.
sealeSs CalOmel, Best Laxative for
NCOlds and Preventive for Influenza
and Pneumonia.

To cut short cold over night, to
stop a sore throat, and to put the sys-
tenn in the best possible condition to
avoid Influenza and pneumonia doc
ors are advising the nausealess Gallo
mel, called Calotabs, which are free
from the sickenin gand salivating eff
fects of the old-stylc calomel At
the first sign Of a cold or sore throat
it is best to take a Calotab at once,
before the inflammation has gone too
far. You may thus save yourself a
spell OF sickness.
One Calotao at he'd time with
swallow of water-that's all. No salts,
nc nausea, nor the slightest interior
lence with eating, work or pleasure
Next morning your cold has vanished,
your liver is active, your system Is
purified and refreshed and your are
feeling fine with a hearty appetite
for breakfast. Perhaps you can con-
graduate yourself that stitch in
time" has saved you a serious illness.
Calotals are sold only in original seal
&c packages price thirtyfive cents.
Your druggist recommends and guar
antees Calotabs and will cheerfully
give back your none yisi you are not
delighted. Advt.