davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
NEW YORK COFFEE MARKET

NEW YORK, September 6.-The
first Saturday session since the be-
ginning of August passed very quietly
in the market for coffee futures and
there was little change in prices. The
opening was 1 to 3 points lower and
active months sold about 5 points
under last nights closing figures dur
ing the early trading under small
offerings promoted by the decline in
the Rio market. These offerings
were absorbed by a little covering.
however, and, after selling at 1920,
December closed at 1924, with the
general market net 2 points lower
to points higher. Closing bids:
september. l7.75: October. 1850: De-
cember. l7.34: January. 1918: March,
17l4: May, 1905. and July. 100.
Spot coffee dali: Rio Is. 1sH to
1915: santos ~. 27&. 1t was report
ed that Rio 70 have been sold to q
New Orleans buyer in the cost and
freight market at 1915 London
credits. but offers received here were
above that level. -.
The Official cables show cd a decline
Of 125 refs in the Rio spot market.
Santos spots were unchanged and fu-
lures unchanged to IS reis higher.
Brazilian port receipts. 2l.000 bags;
Jundiahy receipts, 10000 bags
weather conditions in Sac Paulo
were still more or less unsettled. with
temperature ranging from 55 to 80
degrees. Rio cleared 1900 and SAN
tos 5000 bags for the United States.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
LATEST WALL STREET NEWS.

some of the largest local operators
late yesterday. it is believed there will
be continuance of bullish activity in
the specialties, notably in the Oil,
Motor Shipping and Tobacco stocks.
Logan Il Bryan.-While much of the
earlier losses were. recovered before
yesterdays session ended. still the
market feels keenly the lack of a
fair-sized short interest. and mas
much as outside buying does not
show tendency nowadays to fol-
low advances. we think that another
lowering In the price level will be
encountered.
ton shows no sign of reasonable re-
lief. While it seems one may buy
most Of the listed oils on reactions,
there is plainly distribution in prog
ress IN some of the newer lower
priced ones on the exchange, also in
several that are not on the dividend
list. Coppers look generally too high
the approaching meetings. If there
are not It VIII actually be more Of a
factor of concern for the Stockholders
who realize that it is long time
since dividends were earned.
Henry Clews.-The most significant
development Of the week WAS the set
back to the radical labor element and
leadership. 1t is not to be supposed
that labor has surrendered its am
bilious or is disposed to relinquish any
OF the advantages 1t now possesses
but it's willingness at President Will
sons request to refrain from strikes
at this time, and to aid rather than
hinder q reduction in the cost of living,
is of itself an important change for
the better. 1t marks a new and hope
full trend in the labor movement; an
inclination to establish the rule of
reason instead Of the rule of force.
Labor has already made very large
gains in the direction of higher wages
and shorter hours, which it is now
commonplace to say have hsen an i'm
portant factor in raising the cost of
living. 80
/, Recognition of these facts had
doubtless much TO do with labor's
action and having gone thus far
also give place to new policy. that
Of increasing the output. Both Presi-
dent Wilson and Premier Lloyd
George, at the risk of personal pop
ularity, plainly told their people that
the salvation of the world today was
prices was to produce. and that the
best antidote for worldwide dis
temper and unrest was industry and
thrift. The United States suffered less
and gained more through the war
than any other nation. We can. there
fore. wen afford to set other nations
a. good example. Great Britain
France, Belgium and even Germany
are making a rapid return to the
normal; result that may be gafned
sooner than expected. If capital and
labor will simply pull evenly to-
,gether, the United States can easily
lead the world in the great work Of
universal restoration.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
KANSAS Ys>BoNDs =.
IN GENEROUS AMOUNTS
Farmers Cash In on Big Wheat
Crops and Then Invest in 80
I 81. ~ Liberties. "''i'

: There is more trading in the Ave
issues OF. government bonds in Kan
sas now than at any time since the
war began Millions Of dollars OF per
fectly good wheat money is being
invested by the Kansas farmers in the
vareu' ,ss 5ss q aan ee w
Kansas during the Ave war drives.
The state oversubscribed it's quota on
the liberty bonds in every drive: But
1t is q fact that the farmers did not
buy as literally as many thought
and the frst Y. M. c. A. drive it was
like pulling teeth to get dollar from
the pocket of the Kansas farmer
The cities subscribed most OF the
money in the various war drives ana
in the first two liberty loan cam :
paigns. Then the farmers were
awakened and began to lend their
snrnIus cash to the government and
to give to the various. allied war &C
tivities. A year ago the farmers were
rjeht nm on their tiptoes to heip IN
all the war work that was gong on.
Then 1t seems they realised the
value OF the bond issues Of the gov
sr,1nant They invested heavily in
the fourth loan and by the time tn .
Attn campaign came on they had
co;nnaratiyely little CASH available.
Rut now they have funds by the pock-
etful and they are investing this cash
in liberty bonds. -
Almost any issue looks good to the
farmer, and he takes the one that !. ne g
can get. The selling price OF ali the
;ssues does not vary in Kansas IKE
the reports of the stock exchanges
and the quotations Of the bond houses.
The brokers' are making little pront
on the deals and the farmer is getting
His bonds at a little less than par.
The deals separate are comparative
Nv small. but amount to millions IN
the aggregate every week. They run
from fro 81 900 to $4,000 each. with an &C
casionai big splash of $1o.ooo TO- sle o.
has Just received the cash on his crop
and wants to put II an in. bones,
exceptionally heavy bond sales to
farmers and the banks are actually
cleaned out Of bonds At the present
time. They are buying bonds where
ever they are offered. One bank In q
Town Of less than 1000 population had
orders in one day for $4,000 in bonds.
not a single order being for more
than 81, 600. and not one for less than
$1,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07

Moler.-Further break in foreign, OK !:
from the opening. The selling was
| mostly by the local bear element.
| Not much Liquidation came out. Mar
ket now rallying on the Washington
/ telegram that it il understood there
President Wilson'S reply to Gompers
urged that no precipitate action be
taken.
Financial News Bureau.-The policy Of
| buying on recessions for turns would
{ seem to be the. best for the present.
We would avoid the sensational movers:
| Foreign buying is reported In the OIL
shares. Rich capitalists in England are
understood to be investing There IS
also Dutch buying.
sehsationally higher figures are being
mentioned FOR Mexican Petroleum In
Doheny circles. The buying OF MEXICAN
| Petroleum and p. P. is reported Of ex-
cellent quality on recessions.
The bull interest Is reported to be
, trying to distribute American Hoe
| and Leather common stock. wh1ch II
| was una bic to get rid of on the ad-
vance some weeks ago.
sion house circles show quite q bull
following in the tire stocks, for winch
higher prices are being talked Of
There are reasons for believing ina.
a further expansion is about to take
place in copper metal exports; Large
purchases are said to be under ne
|. gotiation.
{ Leading copper stocks fike Anacon
tia Inspiration and Kennecott are De-
ing bought by interests that beieve
that Developments will be construc-
txe. says a prominent 1,s source; ~ IN.
stock. market thought that too much
Importance was attached in yester-
iday's session to the contents OF the
|Gompers' telegram to President Will
son. They argued that recent invest :
CATION of the steel industry had re-
Ilvealed that the majority Of the WORK :
ers are opposed to a strike and thai
any utterance OF the leader of the
American Federation Of Labor cannot
change that condition. 1t was als9
stressed that the Danger OF genera
railroad. ,tie-up had apparen.y &c.
eliminated by the stern policy or tne
director general in dealing with the
recalcitrant shopmen. These iac!s: n
was said, did rot present as gioomy
picture as many in Wall street hao
ATTEMPTED to paint s
Morse. among most trAo
ers. especially the largest local opera
tors, continues bullish.
A the situation now stands Tom-
pers and the steel workers unions
have put the matter up to the Fresi-
dent and he Will pass 1t along 70
Chairman Gary and the directors OF
the United States Steel corboration:
,.onseouentiy it will depend upon the
answer they decide to make oy mex.
Tuesday, the time limit fixed by the
executive committee OF the Workels
unions whether their threatened str1ke
us to occur or not.
In the meantime. Judging from the
consensus of opinion gathered from
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
COPPER MARKET QUIET
:. :. DURING THE PAST WEEK

NEW YORK, September s:-rhe
copper market has been quiet during
the past week. The producers and
larger selling agencies have main
tanned their prices at about 23h for
and 2sh to "a for October
and November, but second hands were
reported to be Offering electrolytic in
small let's at CONCESSIONS ranging
down to about % or 22h cent levels.
Iron was unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
Biz Gold Shipments Made.

NEW YORK, September 6.-Goid
shipments exceeding 100000 are. In
progress to foreign countries, It. was
Announced here today. Gold coin
valued at 100000 has been with
drawn from the subtreasury here for
shipment to South America. Goid
drawn from the assay office Tor ship
meYlt to India, apd ARRANGEMENTS were
made here for gold shipments Of e2.-
100000, by transfers.. .tArouKh :. San
lEtinl idc0 Ia ae1pR4x1 80 .aar, !,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
Actual Loans. Expanded,

General news. of the day included
the weekly reviews of the mercantile
agencies, which stressed the more
acute Industrial situation and; the
publication of several railroad state
ments Of. earnings for July. Most
notable among the latter was the
linton Pacific report showing a heavy
The most interesting feature of the
bank statement was the neaNy e sSo
both to- the weeks greater activity
in. the stock market and september
Withdrawals.
with a better tone. especially in in
yestment rails. Liberty issues and
several Of tie intsrnatiena als,s sased
rregated s5,350,000. faCld United States
bonds were unchanged en- ln gall during
the week. -.>- -. - .srf
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
MERCANTILE PAPER,

NEW YORK, September 6.--Mer-
camille paper. 5kaSh: sterling So-day
bills. 41o; commercial so-day bills on
banks, 4.osX; commercial 6o-day bills,
4.osh: demand, AIM: cables, L14h.
Francs-Demand. s,a7; cables. s:35.
Lire-Demand, s.7S: cables. s.76.
MAyks-Demand. 47-16; cables. IA.
G1xernment honda Irregular Rail-
1rRA hands AruA
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07

First Minstref-rambo. can you tell
me why base ball and pancakes are
alike? y, .....- ,,..~-,
second Minstrel-No. I can't, What's
the reason2 III = )
/ First Minstrel--They Rpth., depend
mon the baftexs A.ssess s :, ssssas
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
Hold-Up Turned Down.

Another hold up was attempted soon
after the completion of the hnal mer-
ger of the roads making up the Cap
ital Traction Company.
Old-timers familiar with the gem
kfemanly manner in which politicians
..touched" corporations In the good
old days. recall how the pay-wagons
Of the public utility companies were
stopped at certain more or less regu-
Tar periods OF the month on side
streets while the satellites with politi-
cal pulls called for their salaries. "
rhe one bit of work they did being the
signing Of the vouchers.
All that has been done away with
in large degree. So, too. has been the
Aldermanic the state representative
or senatorial or congressional touch
and Influence" but they did have q
day.
once in the dear dead past and gone.
q senator, who shall go nameless be =
cause he. with many Of his colleagues,
IL dead and gone. called upon q local
Corporation oMcial for z nttlA assist
lsnca. - 4hA campatgn fund and EAs
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
|ST0CKSRECOVER,
:: THEN LOSE GAINS
Declaration Of Increased
/. Dividends Among Weeks
r. Encouraging indications.
STERLING BILLS REACT

! NEW YORK. September 6.-stocks
made substantial reeoveries in the
early stages OF this weeks enlarged
operations. the. more hopeful labor
outlook and easier money trend con-
tr1buting- measurably to. the rebound
Of prices. Much Of this improvement
was forfeited later, however mainly
as a result of the: revival in more
acute form of the differences between
organized la Dor and the United States
Steel Corporation. So
The week was not, without it's en-
coura cling indications. notably the IN
creas dividends declared by such
important interests as the American
Car and Foundry American WOODEN
and Mexican and Pan-Americar petro-
-leums. 80 r. -.
The high cost agitation also offered
ground for the belief that much good
had AIready been accomplished. trade
authorities emphasizing a'well. defined
reduction in, prices of various COM
moditfes.
Weakness Of the foreign exchange
continued to overshadows. the ffnan-
cial situation with further marked ef :
feet on export trade. The reaction in
sterling bills almost effaced the re-
cent sharp recovery. while francs and
lire fell to new low points OF depre-
citation. with remittahces to Germany
and Austria at Incredible discounts.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
Yesterdays Trading Restricted.

Trading during toiay's brief session
was obviously restricted by the un-
certainties resulting from labor con
ditions, especially as applied to the
steel industry -
United States Steel. which had
shown signs of strength prior to the
publication of the Gompers message
to President Wilson, was under. pres
sure. showing an extreme decline OF
firm at the outset. but yielded to 3
points later with several of the more
popular equipments, motors and rails.
=, Aside from Studabaker.' the motor
division was firm tg strong with oils,
but rniscellaneous issues REGISTERED
little change" SAFES amounted TO
3750Q0 shares -. u
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
|NEWPR|CE LEVEL u
ERA APPROACHING
Volume of Production in Tons,
Dozens and Bales Meas
ures Prosperity.

Due to the continued operation OF
the factors. which resulted in the
present high prices. stabilization OF
prices at new levels is approaching
is the opinion expressed by the Ma
tional Bank of Commerce in New
York in its market letter in the Sep
TENDER issue of the bank magazine,
Commerce Monthly.
The bank Says:
1T is the conviction Of the business
world that high. or at least rising.
prices are evidences of a satisfactory
situation This conviction has a basis
in fact in that high or rising prices
stimulate increased productive and
commercial activity. Our high prices
are unquestionably the product of a
world wide curtailment of production
and increase of consumption, as a
result of the war. of those goods
necessary to "A peace-tirne life: of
an increase in he circulating medium
and an expansion of credit which the
conflict through which the world has
of the increased margins of profit
deemed necessary to meet the risks
involved in a period of rising prices.
The era of extravaganza which has
followed the restrictions of war has
also been a factor in raising prices.
When the buying public seems not
only willing. but anxious to pur-
chase, regardless of cost, prices re-
spond as a result of what appears to
be a shortage of stocks when meas
ured by demand.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
Local Securities. .

Much interest Ia taken in the man =
ner In which the local market viii
stand up next week, with the. full
knowledge OF the valuations of the
street car properties. The tirst ses :
sion OF the exchange after the action
was given out showed indifference
It remains to be seen whether the
dissemination OF the Information will
develop any uneasihess
climb on the New York curb more
than here. with sales Of the new
stock at a. on the basis Of $3.50 a
share for full shares of old common.
The last sale here was around a.
when , issued. Lanston recovered its
a,vidend IN snort order; SO did Rail-
isfactory and QUICK
Bank stocks are acting well for a
dull on season at the tall end of
summer. with nothing doing to dis
turb the serenity OF the financial dis
trict
There was some. slight calling OF
loans, but those who were called had
no trouble in getting accommoda tions
elsewhere.
American Graphophone IS after sell.
ing down to SO this year have made
the full recovery to par and are NOT
iikely to vary much from this figure
The chances are that the interes,
on the City and Suburban So viii
hardly be paid within the grace pe-
Rod provided by the mortgage. The
hearing before the utilities commission
in the matter OF Increased fares for
the street railway companies will
come up on the 18th instant.
Unless a very fair degree OF relief
liz extended and without much delay
the chances are that the City and
Suburban interest will become a de-
fault.
Such action would be regrettabIe
but the company has not much choice
of action as matters stand now.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
The Agricultural Situation.

In regard to the agricultural situa-
ton the Commerce Monthly says:
/ while the crop outlook us not as
good as it was six weeks ago, there
has been tendency seriously to over
emphasize the unfavorable aspects of
the situation. The forecast for q
wheat crop of 940.0o0.000 bushels is
still we'll over the estimate tor the
same date a year ago. and while the
corn crop estimate is below that for
1913. it is still a large yield. 2.788,-
even yet be near an average yield. The
cotton crop will be short. but this fact
must be considered in relation to the
large carry-over. Summarizing the
entire agricultural situation. 1t is sat-
isfactory and not only will the buying
power of the agricultural districts be
ample. but they will also have sur
plus for investment"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
Cotton Range for Week.

Highest and lowest prices for week ending
septenber 9. 1919: a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
New Price Level Near.

Even though actual hostiitiles are
now ten months behind us. the causes
which have resulted in present prices
| are largely operative. and 1t seems
likely that stabilization at new
price level is approaching.
In periods of rapidly rising prices
the commercial and financial activity
resulting is likely to increase out of
proportion to the growth in produce
tive activity on which 1t must u1-
timately be based. Although the ~ac-
tual physical adjustment of American
production to postwar demands has
been more rapid than the most opti-
! mistic could have hoped. production
has not yet expanded to what must
be its normal postwar level.
'Prosperity has but one possible
basis. That basis is production. Volume
of business in tons and dozens and
bales in its true measure. There is
now no fundamental reason to deter
production, and not until it has IN
creased to its new peace-time proper
tions can we rest in the assurance
that as far as it's effects on our eco
monte life are concerned the war has
passed into history. To this end every
man and woman individually or COM
mercially employed must produce to
capacity. Not only is production eS-
sentia1. but capital must be accufnu-
lated at rate rapid enough to Offset
the destruction which took place dur
ing five years. The consuming public
must recognize that 1t cannot con-
tinue Indefinitely the scale Of ex-
penditure which followed as a reac-
ton from the se1f-denial Of war. but
that thrift for personal beneft is as
Essential as thrift for ones country.
When every Individual capable of
gainful employment is. producing to
capacity and spending eeonservatively
our economic adjustment will be com
|plete"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-07
CURB STOCKS.

Quotation. furnished b, W. D. Hibb. 4 G..
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1919-03-23
TOBEF FOES
FIRST TRADE DRIVE

Germauy's first drive for America "a
markets. after peace comes. will be
with cheap potash. according to in
formation received by. United States
trade bureaus.
The TeUton commercial interests will
open their jradc war. according 10
these. advjccs. by attempting, a, strong
UudeTsclIing campaign In America.
featuring potash as her first goods.
10 machinery exists by which the
Tinted States can check any under
selling campaign Germany may un-
ccrtaiIe, either for potash or any
article. officials say. q bill TO limit
Importation Of potash into the United
states was lost in the last Congress.
Can Limit Export
Tire peace conference, tits sug-
Sested however. could limit Ger
IIang's expectations TO a certain ex-
tent through ship control and treaty.
II has been suggested that the War
Trade Board, which automatically
ceases 10 exist with the PRONUNCIATION
Of peace, be carried over TO regulate,
Tor a time, trade relations with Ger
Tiany. This board with the machinery
II built Up during the war should be
well, able 10 cope with German
dumping campaigns. experts say.
Special powers would have to be ex-
tended TO IL by Congress first, they
say.
Meanwhile Germany is well. situ-
ated TO undersell American producers
OF potash, officials point out. She
continued her normal production OF
potash during the war. and has Z
large supply. In 1917 she mined more
than ,O0O. 900 tons, according 10 the (
United States Geological Department /
Germany should be able 10 sell pot 1
ash in America at $3.50 per unit Of I
ten pounds, according TO the Depart !
Tnent Of Agriculture. American pro- 4
duced potash now Is selling FOR from /
81 TO So
Used In Farming.
Potash. which is necesss ~ to Amer {
lean agriculture. is used as FERTILIZER F.
-on nearly all American farms. APP T
proximately 100000 tons. OF il is used
annually in the United States Prior
10 1914 most OF this came from Ger
many It was her leading export TO
America, and netted her s15'e08O0O Z
year.
When the war shut of the German
supply, millions Of American dollars
were put into hundreds or firms in
every part OF the cOuRtry. which be-
gan producing. potash from sea weed.
wood ashes. natural deposits. and 4
scores Of other sources. ImpOrtations 4
10 the United States were slight last
year.
The american potash industry viii II
be killed By German competition and
dumping unless protected. produc-
ers SAY
Dtker Commodities.
OTTER commodities for which Ger
many, had big market here and with
which She might try to regain con-
troll % American markets, despite
AmeriSuna waT-born. industries which
now spTa9 luce. them. are indicated in
fecena ~ oTts ofethe Department. or
Comruereesr The reports list the lead
ing saIe-Nar German exports TO the l
nited STATES in the order of their 1
hnaneie53 so poTtance. Some Of them I
a re: stlsfssd tar dyes. nearly S7.O00.00B; /
toys. Gee raw fur skins and /
calfs}S s. SI.Q0p0OO; cheap gloves and
glove FEATHER S5i009. 09U: electrical
appliances, SI.5O0.O0O: cotton stock
.ngs and socks, cotton gloves. $5.oO0.-
100 and india rubber; raw and re- Il
anedEsa $4,000
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1919-03-23

See complete showing of Reed Fiber
description Complete suites separate pieces
room in the house. Prices notably
Arizona republican., 1919-08-12

AUTOS FOR WRECKING
 Don't sell your car for junk, no mat ter if 1t is a wreck. See lls. first: we buy them wrecked or running. STEINBERG AUTO WRECKING co.
 I21 N. Central. Phone 4ss2. If
Arizona republican., 1919-08-12
For Sale--Eggs and Poultry

FEED, PRATTs POULTRY REGU- LATOR TO HELP THE HENS THRU THE MOLT
Arizona republican., 1919-08-12

One perfectly good relinquishment six miles from town, $500.