davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-12-21
PHILADELPHIA PRODUCE,

PHILADELPHIA Dec. 20.-Butter
(close)-Firm. Quotations.: Fresh
solid-packed creamery. fancy, high
scoring. 57a5Sc; extras, 5sc; extra
firsts, 54a55c; firsts. 41a49c; seconds,
3Sa40c; sweet creamery, choice to
fancy, 5Sa60c; fair to good 47a57c,
fancy brands of nearby prints job
bing at e5a67c; fair to choice. 52a64c,
l. EGGS (close)-Steady. The quo
tations: Nearby firsts, 75ha773ic
dozen; current receipts, 73Hc; West
ern extra frsts, 75ha77hc; firsts,
6sa13; fancy candled fresh eggs
jobbing at S7asS; fair to. choice,
7saSsc. =
Cheese - Barely steady. Quo
tations: New York. whole
hats. fancy. held. 271sa2sc; fair to
good, held, 25a27c; fancy fresh, 24h
a2Sc; common to fair, 22a24c, Long
horns, held, &c: fresh, 25a26c;
Single Daisies, held, 2sa27c; fresh,
3oa31c. =
Live Poultry-Fowls, fancy heavy.
3Oa32c; medium, 27a2sc; small and
inferior, 23a25c; White LeChorn
fowls, 24a2ec; spring chickens,
roasting stock, fancy, weighing 4
lbs. and over apiece, 2Sa30c; spring
chickens, ordinary, 24a26c: White
Leghorn chickens, 24a25c: oDd roos-
ters, 20a21e; turkeys, fancy, 45a5oc:
ordinary. 35a40c; ducks, choice, aga
34c; Muscovy. 24a26c; geese, 2eas1c:
pigeons, pair, 40a45c; euineas.
young, pair, Weighing 2A lbs and
over apiece. s0cas1; smaller sizes.
soaSoc; old. pair. s0a70c.
The Washington herald., 1920-12-21

The bottom OF the present busi-
ness depression will be reached In
the next thirty days. in the opin-
ion of Archer Wall, Douglas. chair
man of the committee on statistics
and standards of the Chamber Of
Commerce of the United States. in
his monthly report on general busi-
ness conditions. made public yes
terday in Nations Business.
Advances of any moment in the
prices of agricultural products will
materially change the situation for
better, and reductions In the prices
Of commodities are likely. TO cause
increased business in all indus
trial sections" says Mr.. Douglas.
The report points out that acute
phases OF the present depression
will wear away steadily a. the pub
lie adjusts itself to changec =
ditions brought about by q
to normal Unfayorabie agricuI.-f-
al situations, especially, have An
unexpected way Of remedying them
selves.
From the unfounded fears Of last
spring of bread lines in the cities
and shortage of food everywhere,
we are awakened to the. startling
realization of a harvest so great
that We cannot at once find an ade-
quate market for our surplus prod
ucts. So theres ensues that mex
orable law tof supply and demand
which DEGREES that overproduction
is always accompanied by falling
prices.
This phase of the situation is
peculiarly accumulated in the South
ern States. where the second larg-
est crop of cotton grown is met
by a much reduced demand both
at home and abroad.
Cotton Acreage to BE Restricted.
IN the South ,there is develop
ing a strong sentiment toward
largely restricting the acreage OF
cotton this coming spring. This
plan is always brought forth in the
days of very low cotton prices, but
has never been carried out in any
thing like the measure proposed by
its advocates. In many ways a cot
ton production restricted to some
where near the probable demand
would be wise IL IL were possible
to forecast what the demand would
be.
while the situation In the grain
growing States is not unlike that
in the cotton belt. yet business in
the former has not been affected to
the same degree as in the latter.
There is apparently a better proper
tionste market for wheat and live
stock. the two cash productions of
grain States, than for cotton. In
all sections the farmers are hold
ing their crops for higher prices.
and are not selling unless forced
to do SO by pressure from bankers
and merchants to- whom they are
indebted. Consequently they have
disposed of but a comparatively
small portion of their crops, and are
The Washington herald., 1920-12-21
CORN CROP AND EXPORTS.
8 months, July to Septembe

Before the Argentina and Rumania the chief
porting countries During the three the
from Argentina 28z78ooo bushels and from
average for that period of 45oo6ooo bushels
chief importing
The United Kingdom normally from
bushels
other
Some years the Department Of Agriculture
about of the
About used human food
less used for seed OF the retained
farm fed horses
to cattle and to poultry.
During the months there Chicago
wholesale of No. mixed of
At the middle of May this grade of selling
while the worth only
This decline of than The present
The for this decline first the record and
the declining demand
figures quoted above the
marketed
less than -.
Copyright. 1920. by The Washington Herald)
The Washington herald., 1920-12-21
BALTIMORE LIVESTOCK
WEEKLY SUMMARY

BALTIMORE. Nd, Dec. 20.-Cat-
tie receipts for the week ended noon
today were 3,003 head, against 3,90s
head last week; receipts. 11a car
loads for market for the week; II
carloads for market Saturday and
today; medium steers in demand,
with prices strong at last weeks
quotations; heavy hides dull and a
trifie lower.
Steers-Choice, s10.00a10.5o; good
butcher, $S.00as.00: medium. $Ss0a
7.50; common. s3.25a5.0e. Heifers-
a6.50: common to medium, $3.25a5.
good, $5.00a6.00; common to me-
dunn. $2.50a4.00.
.Cows-Choice. sS.50a7.0o; fair to
good, $5.00a6.00; common to me-
dium, $2.00aS50. .... ....
Sheep and Lambs-Receipts for
the week ended noon today were
3.742 head. against 2,772 head last
week; light supply; market dull ard
lower. Quote: Sheep, $300a5.25;
lambs, $6.50a12.75.
Hogs-Receipts for the week end
ed noon today were 1S,43S head,
against 1904 head last week; light
supply; market slightly higher,
Quote: Lights. $11.00; medium,
s1o.s0; heavy. $10.5o: pigs, s11.Oo;
roughs. $S.00aS.5Q.
Calves-Receipts for the week
ended noon today were s2s head,
against 707 head last week; light
supply; mark ct, dull and lower.
Quote: Calves, S5.00a15.00.
The Washington herald., 1920-12-21
BALTIMORE PRODUCE.

BALTIMORE, Dec. 20. Eggs
Western Maryland. Pennsylvania
and nearby firsts, 72c; Eastern Shore
Maryland and Virginia firsts, 72c;
Western (OhioO firsts, 72c; West
Virginia firsts, zoe.
Live Poultry-Chickens. young
by boat. per pound, 28a29c: do.
scraggy. poor. per pound, 23a24c; old
roosters, pound, 1Sc; old hens over 4
rounds, pound. Csc: do, small, pound
23a24c; white Leghorn hens. pound
26a27c; young white Leghorns. u
pounds. 25a26c.
Dressed Poultry-(ScaIded. un.
drawn, head and feet on). Turkeys
choice to fancy hens, per pound, Soc
do. mixed hens and gobblers. pound
47a4Sc; do. poorly dressed, thin
pound, 57a3sc. Chickens, straight
young. pound. 2sa3oc; do. mixed
young and old. pound. 26a27c; do.
old roosters, pound, 2oa21c. Ducks
choice, fat. pound. 32a34c. Geese
choice. fat. nearby. pound 32a34c
do, Southern and Western, pound
2Sa30c.
Butter-Creamery, West Separa.
ton extras, 54a55c; do, firsts, 43a54c
Western prints. h-pcund, extras. 56s
SIC: do, firsts, 54a55c; Western
prints, l pound, extras. 56a57c; do.
frsts, 54a55c; nearby creamery, ex.
tras. 50a51c; do. firsts, 47a4Sc; dairy
prints, extras, 2sa3oc; do, firsts, 2sa
&c; Maryland. Pennsylvania and
Virginia, store-packed, firsts, 1Ss
zoe; rolls, West Virginia, extras, 21
a22c: Maryland and Pennsylyania,
extras. 22a2c.
The Washington herald., 1920-12-21
WHEAT MARKET
CLOSES STRONG
Opens Steady, Becomes Reac'
tionary, but Day Ends
Satisfactorily.

CHICAGO, Dec. 20.-Wheat fu-
tures developed reactionary tend
encies after q steady opening to-
day. Late in the day prices re-
gained strength and the market
closed strong. Early selling was
largely of local character, induced
by absence of export orders and
continued weakness in stocks and
cotton and disuuieting reports from
London in regard to financial con-
ditions. The close found futures
1-2 to 1-2 cents higher
The corn market was tight. Ar
mour was credited with being the
main support Professionals were
disposed to fight advances but de-
spite this the close was strong
Selling against offers checked the
rally and shaded best prices for the
day. Seaboard points reported small
lots of corn were wanted for ex'
port, Kansas City is holding SONS
corn for export. II was reported
Premiums were easier for white
corn and December was relatively
weak Futures closed 3-4 to / Ii
cents higher.
December oats were in fair de-
mand and prices scored moderate
advances on other deliveries. Thi'
was mainly due to firmness in corr
as premiums were easier for casf
oats. No. white was 1-2 to
cent under May. Futures closed a
an advance of Ia to rs cent
Rye was Ia to l Ia cent?
lower and barley was unchanged tc
1 cent lower.
Provisions closed with pork anS
lard higher and ribs slightly lower
The firmer tone in corn stimulated
buying support but it was not ac'
tive. Hogs. were, Is to 20 cents
lower at the yards.
The Washington herald., 1920-12-21
UNITED STATES PRODUCES
500 WORLDS CORN CROP
Exports Average Less Than ~; Ar
gentina and Rmania Lead
In Foreign Sales

the king of all crops The
production for the estimated at
hrsh sheed
equal total four times the weight of the
wheat and thirty the weight of the cotton In total
value the stands The farm value of the
December of that $3o34oooooo equal
the combined value Of the total wheat and cotton The
probably less because of the decline
price
the important
world from fifteen
the total worlds production Prior the Austria Hungary,
with of around bushels each and
Egypt something like 100000 bushels each
United the bulk of the consumed
less
As of have been
total
bushels to Sooooooo they
bushels; and only bushels
The following table the production and from the United
States during years:
The Washington herald., 1920-12-21
ROOSEVELT MADE
BALTIMORE TRUSk
HOUSE OFFICIAL
Late, Democratic Candi-
date Elected Vice Pres
ident F. & d. Co.
is BOARD, MEMBER
New Duties win Be Assumed
January 1 With Offices in
New York.

Franklin d. Roosevelt. late Vice
Presidential candidate for the DEM
ocratic party and former Assistant
Secretary of. the Navy. was yester-
day formally elected vice president
and a member Of the board Of direc-
tors of the Fidelity and Deposit
Company of Baltimore. +
Following his election Mr.. Roose-
welt. who arrived in Baltimore yes
terday to confer with company Of
ficials, took his. seat at the board
table and was given a rousing well
come by his colleagues. Mr.. Roose-
welt will assume his new duties on
January 1, and will direct the Fidei-
ity and Deposit Company's activities
in New York. His offices will be at
12o Broadway. that city. -
The new official Of the Fidelity
and Deposit Company is distantiy
related to the late Theodore Roose-
welt. Furthermore, he married the
former Presidents niece, Eleanor
Roosevelt. Franklin d. Roosevelt
springs from Dutch stock. He was
born January 30, 1852, in Hyde Park,
Dutchess County, n. Y, the son OF
James and Sara (Delano) Roosevelt.
His Dutch ancestors settled In
America in 164s and proceeded to
intermasry with Flemish. Scotch
and Irish settlers in what is now
New York City. His father at the
time of his death, about twenty
years ago, was vice president of the
Delaware and Hudson Company.
Mr.. Roosevelt graduated from
Harvard in 1904 and enrolled in the
law school in Columbia Univer-
sity. He was admitted to the prac-
tice of law in 1907 and went in for
experience as one of the clerks in
the offices of Carter. Ledyard and
Milburn, New York. where he took
full advantage of the ample oppor-
tunity to learn the practical applica-
tion of law. In 1910 he became a
partner in the legal firm of Marvin,
Hooker and Roosevelt. at So Wall
street, which connection he still
maintains.
Almost Immediately he began TO
take an active part in politics. The
most fattering of his biographers
intimate that he was ind0ced" and
was prevailed upon" to accept the
Democratic nomination for State
Senator in the district comprising
Dutchess. Putnam and Columbia
counties. N. Y. As a matter of fact.
Mr.. Roosevelt made a survey of the
situation, not deferred by the fact
that this district-his home district
by the way-had for twenty-eight
years been represented In the Senate
at Albany by a perfectly able Re
publican, went out and asked folks
to give him a chance at the job, and
they did.
The Washington herald., 1920-12-21
FREIGHT RATES
MAY Be RAISED
Eastern Schedules Fail to Pro.
duce go Return on Invest
ments, 1. c. C. Learns.

A new general increase in freight
rates may be found necessary as the
result of reports to the Interstate
Commerce Commission by Eastern
railroads that present schedules are
failing to produce the s per cent
return on capital investment allowed
under the transportation act, it was
learned yesterday.
Complaint has been made by the
New England roads to the commits
sion that they are not earning any
thing whatever on their investment.
They insist that the commission
compel other lines east of the Mis-
sissippi to surrender approximately
100000 in revenue from Joint
freight earnings to meet their der
icit. =
These roads in return have in
formed the commission that while
most of them are showing a profit
1t is far less than that permitteo
them by Congress. Further, they
claim the slump in freight ship
ments since October has been so
great that their earnings cannot
possibly reach the per cent mark.
Consequently they will not have a
surplus in revenues to divide with
the New England lines.
The suggestion is made by the
Eastern roads that the New Eng
land group be permitted to, raise
their rates to meet their deficit.
New England shippers insist they
will be unable to stand the increase.
Besides they are opposed to any sec
tional increase, on the ground that
it would operate to their disadvan-
tage. . .....
In support of their appeal to the
commission the New England op-
orators allege that the value of their
lines, fixed at $40. 900, was in
cluded in the valuation of all roads
in the Eastern grouu-
Had the New England lines been
valued separately they maintain
that their proportion of the freight
rates would have been $26,00e.000
greater than 1t is now. This sum,
they insist. has found its way into
the Golfers of the other roads and
they want to obtain possession of 1t.
The Washington herald., 1920-12-21
BUSINESS DEPRESSIONWuL END
INSIDE MONTH, SAYS DOUGLAS

not In position to dischsrge their
indebtedness or TO buyS anything
save their immediate wants.
Meanwhile the bankers are well
loaded up and are chary about ex-
tending further credits under pres
enf conditions. The merchants, like
the farmers. are buying only enough
stock with which to do business.
This means rigid economy, close
collections and a very general re-
turn to q strictly cash basis by
an increasing number of mer-
chants. =
There has been very little liaui-
dation 30 far. and the general at
tttude for the present is that OF
waiting for farm products to 60
higher or for manufactured pro-
ducts to go lower or for both TO
happen and thus bring about a
needed readtustment
One observer In the Southwest
describes the situation by saying
that the country is rich in every
product. plenty of crops unsold.
hogs. chickens. turkeys. cattle, good
teams and farm equipment but no
money and banks loaded up.
The answer, OF course. Is that
the natural laws of supply and de-
mand will ultimately work out the
situation and no remedies or plans
to bridge over the emergency can
obscure this fact
There is q general belief that
there will be q revival of building
In the spring, because conditions
will be more favorable, and the
necessities of the situation are
more pressing"
The Washington herald., 1920-12-21
Cash Houses Support
Present Corn Market

In. discussing the present corn
market, Thomson AID Mckinnon in
their daily letter yesterday said:
Corn has been very strong az
higher prices. with the same kind
of support by leading elevator and
cash houses, and as was shown last
week. This has kept the market
strong and not made any new Dus-
ing of a competitive character. be-
cause the offerings were so light
There was one reaction from the
high, but on the break renewed taxi
ings by elevator interests made
quick recovery. Primary receipts
were LIBERAL and no export ousi-
ness consummated. Cash premiums
ruled about the same as Saturday.
We expect present. strength to rule
until shorts have completed their
coverings, or until movement from
first. hands is more than sufficient
for the present needs of the market
and. Accommodations commence to
show. Cash premiums in Southwest
and here. but not enough to change
the tenor of the market"
The Washington herald., 1920-12-21
NEWLOW MARK ]
HIT BY MARKET !
HURTS TRADING
Blue Monday" on Record
. For Sales of Stock :
In New York. z.
OIL STOCK BREAKS
Rumors of War Finance Fight
In Congress Strike Prod
uce Deals.

NEW YORK, Dec. 2o.-Anothsr
blue Monday" was added 70 the
long list OF. .discoUraging sessions by
today's stock market Developments.
New low Levels were reached IN tn.
case of a number of issues and the
general list also made a new low
average. The exceptions TO the pre-
vauing weakness were not nuuer-
Gus nor was the resistance at all
impressive.
Among the underground rumorr
which played a part in promcti8
selling was one to the effect that the
administration at Washington will
oppose efforts to revive the War
Finance Corporation or TO make il an
effective agent in relaxing the credit
strain. Inasmuch as Agricultural
producers had been counting on
help from this quarter IL is not
strange that the commodity market
displayed renewed weakness.
Oil stock Breaks
Oen of the shsrpcst breaks Of the
day was registered by Houston OIL.
This was one OF the sensations OF
last years bull market Also II,
might be remarked 81 was "a rnys-
terry stock" Mystery is always one
Of the sauces which whet the ap-
petite of buyers in a bull market.
inasmuch as IL contains potential
elements OF a pleasant surprise. IN
a market of the existing character
rIystery is a decided detrfmsnt TO a
stock. Everything must be known
and susceptible of standing micro
scopic scrutiny. Hence the attack
on Houston. which is one of the
left mystery" stocks TO suffer.
Another dishesrtening speStacie
was a further decline in Central
Leather to new low levels. Amer
lean Linseed and California Packing
yielded sharply under aggressive
pressure. Anaconda made a new
low on rumors Of doubt concerning
the maintenance OF DIVIDENDS
Mexican Petroleum's recovery was
ascribed largely TO short covering
Sterling opened weak. but rslltNd
sharply 20 s3.5o. Call money ruIsd
at Z.
The Washington herald., 1920-12-21
Call Money Renelrs
At z Percent Rate

NEW YORK. Dec. 2o.-A moderate
demand was reported for call money
at the per cent renewal figure to-
day. In time funds offerings were
at a minimum as heretofore. with
nominal quotations of 7ka7% per
cent. The market failed to present
any feature of interest.
Prime bank acceptances are in
fair volume at unchanged quota
tions. Prime mercantile paper is
occasionally discounted at ~. per
cent, but the market, which Is linn
tied, is s per cent minimum.
The Washington herald., 1920-12-21
COTTONSEED OIL.

NEW YORK. Dec. 20.-The cot
tonseed oil market was weaker to-
day in sympathy with lard, cotton
and grain. Total sales to 2:15 D. m.
were $500 barrels. Spot, $s.soa1o;
crude tsoutheast) se.25.
Futures: January, $s.50a8.S5: Feb
ruary, ss.50as.9o; March, $s,osas.11;
April, $s.0sa9.14; May. s9.26a9. so;
June. ss.25as.4o; July. 9.4sas.s5; no
quotation for August, September,
October, November; December, ys.5o.
The Washington herald., 1920-12-21
METAL MARKET.

NEW YORK, Dec. 20.-New York
Metal Exchange quotations today:
Copper, spot and December, of.
cred 13H cents; January, February
and March. offered IA cents; market
weak.
Tin (Straits shipments), Decem-
ber-Janusry, 33%a34z cents; jan
uary-February, February-March, %
asa cents; market weak.
Lead. spot, December, January
offered s4.65; market weak.
Speiter Cast st. LOUSY, spot,
December, January, February and
March. offered 50 cents; market
steady:
The Washington herald., 1920-12-21
Tax Collections Fall
Short of Estimates

Collections of the FIRST INSTALL
ments Of the income and excess prof
its taxes totaled more than $3.50. .0o0,-
900 for December Is and ls. ac-
cording to the daily Treasury state
ments.
Approximately ss5o.ooo. 600 should
have been paid to the government
on or before December Is.
Treasury oficials say the daily
statements issued thus far do not
contain all the money collected, be-
cause Of delays in arrival Of reports
from the internal revenue districts.
Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1920-08-27
BUYS AMERICAN COAL
BRITISH SYNDICATE CONTRACTS
FOR 100000 TONS.
Biggest Transaction of Its Kind An.
nounced at New York-WilI Also
Purchase Mines.

New York, Aug. 26-The greatest
coal deal in history was announced
mere. It's magnitude will stagger coal
authorities everywhere.
British syndicate-the Collier In
yestment Trust, Ltd. of Swansea.
Wales, London. Paris and New York
has contracted for 35.0O00O0 tons of
American export coal. TO be delivered
at the rate of 100000 tons year.
An annual shipment on this basis
would be more than total overseas ex-
port of the United States for 1919 The
total sum contracted for represents
more than all the soft coal carried
last year by the chief lines in the
West Virginia fields.
J, H. Gardner is managing director
Of the syndicate. which is capitalized
at S2,500.00O.
In addition to the above stupendous
DEAL Mr.. Gardner is said TO he nego-
tiating for the outright purchase of
bituminOus mines
1t Is estimated that the deal an
nounced would involve an expenditure
of at least $3.50, 100000 before the coal
could be moved from this country.
Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1920-08-27
Why LAWYER swore by Ruddha.

Permission to swear by Buddha in
stead of God and the Holy Apostles
was granted by the superior court of
Cordoba the other day TO young law
student of agnostic belief when he
took oath Of membership in the Ar
gentine bar. He first sought to take
the oath '.by my country and my hon.
or" but the court informed him that
he would be obliged to take reli-
gious oath.
The student, 1t is related, thereup-
on went to library and began pro-
found study of the worlds religions,
on which he spent several days. He
then returned to the court and in
formed the learned judges he had
found that the Buddhist religion was
''the most moral and most complete"
and asked permission TO take oath
upon II.
The Judge consulted musty tones of
Argentine law and decided there was
nothing to exclude him from taking
such en- oath.
Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1920-08-27
WHERE SCIENCE STOPS SHORT
Why 1t Will Always Be impossible to
Square the Circle With Per-
feet Accuracy.

To q correspondent who suggests an
experimental method Of sQuaring the
circle, the editor of the Scientific
American replies that the method
seems correct, but adds:
your results will, however, be no
more accurate than your ability TO con-
struct squares and circles and to meas
ure lines and angles. This does not
go much beyond a ten-thousandth OF
an inch. This may be quite sufficient
for the engineer, but 1t is not for the
mathematician He demands absolute
accuracy. In 1882 it was proved by
Lindemann that it was impossible to
find the side Of square which was
equal to given circle. If this is so,
all the other figures which you con-
strnct are equally Impossible of exact
determination. You cannot make a
perfect square or a perfect circle with
wood or metals. In everything we
make we have to say, exact within
tile limits of measurement
Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1920-08-27
Father and Daughter
Get Relief by EatOnic

r. ]. Powell, Sweetwatef, Texas,
saws. "Eatonic helped me at once
but it was my daughter who got the
marvellous benefits. She could not
even take drink of water without
awful misery, but it relieved her; she
is feeling much better. All this from
one box, SO send me four more at
once"
Hundreds of people now take
eatonic; one or two tablets after each
meal keeps them in good health,
feeling fine, full of pep. Eatonlc
simply takes up the excess acidity
and poisons and carries them right out
of the system. OF course, when the
cause Of the misery is removed, the
sufferer cannot help but get wen.
You will find it a quick, sure relief
for heartburn, indigestion, sour, acid,
gassy, bloated stomach. 1t costs but
a trifie and your druggist will supply
you. If you don't feel well, you give
eatonic a test. Adv.