davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1920-12-27

that manner an immense volume or
frozen loans is being thawed out just
as enormous accumulations of securities
were forced on the market year or
so ago because the banks served notice
on syndicates that they must sell out
or pay up. II may take several months
before the movement is completed al
though in some branches of industry II
is apparent that existing stocks are not
large and that efforts to sustain
prices with the use of bank credit no
longer are being made. Scarcely any one
six months ago would have believed that
liquidation by this date would have gone
as far as 1t has gone or that the coun-
try's loan account could be purged in the
manner in which It has been purged.
The fact Is that many industries have
pretty we'll liquidated. and to greater
extent than many believe business men
have taken their losses and are placing
themselves in strong cash position.
Year End Settlement.
The banks will have this week the
most interestirG year end settlement to
finance for which they have ever had
to provide. Aggregate payments for all
purposes will probably reach record
level, and although the seml-annual div
luend fund Is not undtlceQ at one Time,
disbursements being made through the
month, provision for the whole account
must be made at this time. 1t Is the
most interesting year end settlement
that the country has witnessed since the
war began and although acute strain ex-
lists in some quarters money market
pressure has been relieved generally and
there Is not the anxiety that there was a
few weeks ago. There Is nothing in the
outlook to suggest a sharp advance in
security prices nor the resumption of
bull trading on a large scale. But there
is excellent reason for believing that tho
strong points more than counterbalance
the weak points. and although the for
eign exchange situation is highly in
volved, and In some aspects dangerous,
the country is going ahead with the sort
of financial reform work which will avail
TO fortify the bank position and broaden
the market for genuinely safe securities
The situation is full of interesting pos
sibilities, and it looks as II the coming
year of readjustment would rank with
the most important financial years that
the country has seen. And the Amer
lean people are in much better .po-
sition to solve the problems of inter-
national finance than they were a year
ago. when bank credit was so largely
employed in sustaining commodity spec
ulation and maintaining the exorbitant
price level of war times.
The New York herald., 1920-12-27
Buying Bonds.

The bond market has not exhibited tho
depression shown by the stock market.
although average prices are much be-
low the quotations of normal times 1t
Is now the investment season and II
Is expected that the January bond
market will develop interesting buying
power as a consequence OF improved
basic conditions. the desire OF investors
20 underwrte for themselves Z or
3 per cent. incomes for many years
to come. and the gradual release Of
credit. which for months past has been
frozen fast In commodity speculation.
Warehouses are being emptied gradu-
ally Of their stores OF provisions and
ma terial which have been held for higher
prices but which are being liquidated
In response 20 demands from banks
to convert such collateral Into cash. In
The New York herald., 1920-12-27
stock Market Liquidation.

In that manner Wall Street has demon
strated again its willingness to readjust
prices with a vengeance when the situa-
ton calls for readjustment on a large
scale. The terrific declines that have
taken place since February have estab-
lished the market firmly on deflation
level. Consequently it is possible now
TO say that very few stocks bear traces
of the initiation attained during the fu-
rious upbiddng of war order industrials
during the period when Bethlehem Steel
was quoted around 700 and the brokerage
offices had TO maintain night and day
shifts TO keep up with their orders.
There may be further declines in spe-
cific cases and some highly speculative
issues may seek lower price level. but
the one thing certain is that Wall Street
largely has set it's house in order and
will begin the new year with a price
level which in many cases has dis
counted about all bad things that could
happen in the United States or Europe
during the coming six months. barring
actual revolution or abandonment or
peaceful government.
The situation is one which January
investors have never faced before and
may never face again. Reaction in the
securities market has reached point
at which some of the shrewdest invest
ment experts have advised purchases on
the theory that the low level recently
touched represented calamity basis.
from which ii would be foolish to await
a further downward reaction, which may
not be altogether logical, but, as Ogden
Armour said the other day. the public
changes its opinions quickly and begins
TO buy without announcing its attitude.
The consumers strike in the merchan-
disc market resembles the buyers strike
in the securities market. because in both
instances the unwillingness TO buy is a
controlling factor. What invariably
happens in such cases la that the public
does buy at price because the investor
seeks securities just as the consumer
seeks merchandise. one for income pro-
ducing purposes and the other for actual
consumption. For those reasons II seems
reasonable to expect an increase in buy
ing orders. not for speculation but to
satisfy consumptive requirements and
provide profitable employment at per
cent. for "A vast amount OF capital now
temporarily employed at only 3 per cent.
The New York herald., 1920-12-27
TRANSACTIONS IN

WEEK ENDED DECEMBER %, 1920.
The New York herald., 1920-12-27
Increasing Consumption.


The whole country is stabiiizing COM
modify prices at a peace level. gradually
increasing the consumption of essential
merchandise. which applies to the basic
industries and means that the people are
doing the only thing which will bring
the desired relief because no sane person
believes these days that war prices and
war wages can be continued in peace
times. That is why the effort to rush
through an emergency tariff bill to give
farmers protection during 1921 would be
Of little service in maintaining the prices
of wheat. corn. cotton and other COM
modities even IL the United States Sem
ate was foolish enough to follow the
House in adopting the measure. 1t
would be ruinous for any producer TO
adhere to a famine price level under
such conditions as prevail to-day be.
cause It could not be done. The Amer
lean people are determined to lower liv-
ing costs. which still press heavily on
the average household. and from the re-
suits already achieved II Is clear that
high prices will not be tolerated for long.
The credit strain as a direct consequence
of the price readjustment is relaxing.
and for almost the first time this year
the pressure on the money market Is
easing up a bit IL will become more
promo unceQ atter tne turn OF the year
and the return flow of January dividend
money to the great financial centres
sets in.
The banks are gradually getting rid
of the immense volume of war securi-
ties which they carried and which in
the natural course OF things will be
transferred to the public. TO which IL
belongs The tnoroughgoing liquidation
In securities commodities. merchandise.
raw material and various products has
made financing day TO day business
much easier, because with the lower
ing Of prices the borrowing require
ments have been reduced and the de-
mands upon bank credit materially
lessened. II Is inevitable that I'm the
course OF such readjustment a por-
ton OF the fabulous profits cleared I'm
war times should be sacrificed and that
the readjustment process will inflict
hardships on those not financially able
to stand the strain. But the movement
viii bring salvation to the country us n
whole and make II easier for the bust.
ness and financial community TO elm
mate the evils growing out Of the CO.
lossal Indebtedness created by The war.
/ The great Danks OF Wall Street never
/ developed better team work and the
/ reserve system never functioned more
successfully than during the troublesome
| money markets of 1920. There are many
reasons for taking hopeful view Of the
| future. and although In these days II Is
I difficult TO tell what week will bring
forth 1t seems safe TO expect less troub-
lous money markets during the coming
wear
The New York herald., 1920-12-27
J.K. Rice, Jr. & Co. will Buy

Vs xAs INV, OAs - wv wan 10y
., 100 American Hawaiian :. :. ~
L 100 Atlantic LObos Oil Com.
25 Aluminium Co. of America
25 Amer. Alliance Insurance
Il so American Cigar Pfd
II so American Chicle Com.
100 American Cyanamid Com.
Il 100 American Trading Com.
5M Atlantic Mutual ins. scrip
25 ATLAS Portland Cement Pfd.
25 Battery Park Nat Bank
80 Colo. Fuel & Iron Pfd.
80 Continental Insurance
25 Del. Lack. x West. Coal
e0O T.. W. Bliss Com.
so Empire steel a Iron Com. x Pfd.
so Fidelity International Trust
4 100 General Baking Com. 4 Pfd.
30 Glens Falls Insurance
Globe a Rutgers fns.
80 Home Ins. Rights"
25 Ingersol- Rand Pfd.
35 Lehigh Valley Coal Sales
25 Midland Securities
4 100 Nile--Bement- Pond Com.
L 500 n. Mex. 4 Arizona Land
2ON. y. Life Ins. x Trust
5M y. v. state Rys. AS
Il 100 -. y. State Rys. Com. 4 Pfd.
25 Old Dominion :. =.
5M Old Dominion :. =. -
Il 100 X. y. REYNOLDS Tob. Pfd.
80 United Theatre Equip. Pfd.
4 100 Ward Baking Com. s Pfd.
j. X. Rice, Jr.&CO.
Phones 1000 TO 1910 John 80 Wall ST.. y. Y
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14
WHAT'S THE REASONi
Many MaysvllIe People In Poor Health
Without Knowing the Cause.


There are scores Of people who
drag out a miserable existence with
out realizing the cause Of their suffer-
ing. Dry after day they are racked
with backache and headache; suffer
from nervousness, dizziness, weak
ness, languor and depression. Per-
haps the kidneys have fallen behind in
their work of filtering the blood and
that may be the root of the trouble.
Look to your kidneys, assist them in
their work-give them the help they
need. You can use no more highly
recommended remedy than Doan's
Kidney Pills-endorsed by people all
over the country and by your neigh
bors in Maysville. Ask your neigh
Dor!
Mrs. M. Holiday. 221 W. Second St.,
Maysville. says: AT times, my back
has become weak and lame and has
ached across my kidneys. My kid
neys have been irregular In action
and have had dizzy spells and head
aches. have always used Doan's
Kidney Pills, getting them at Wood
C Sons Drug Store, and they have
never failed to relieve these com.
plants"
Price 60c, at all dealers. DOM
simply ask for kidney remedy-get
Doan's Kidney Pills-the same thai
Mrs. Holiday had. Foster-Milburr
| Co., Mfrs, Buffalo, N. Y
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14
CHRISTMAS CANDIES n 8; !; =

such an official still be among us,
there was nothing to seriously war
rant objection.
1t must have cose the managers a
lot Of none yto bring this big organi-
zation of girls out from the East with
the higher railroad rates no win force.
Considerable has been saved by doing
away with tights, but this item alone
cannot Offset the increased transporta-
ton charges. There must be sixty or
seventy people in the company being
Klaw & Endangered over the West.
Really, it is an astonishing show
that of Marcus, 1920.
After all, the girls and costumes,
with the vivid and artistic lighting eff
fects and stage pictures, such as The
Birth of Venus, are what lend impor-
lance to the show. The costumes GER
tainly are daring, and the girls have
to be to wear them"
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

does not suggest that a single Ameri-
can curtail his Christmas giving. 1t
suggests only that he broaden it to in
clude this present which will bring
future well-being to those he loves.
Trift Stamps, Savings Stamps and
Treasury Savings Certificates will be
on sale throughout the year 1921. In
continuing the sale of Government Sc
curities the Government is ginnving
the opportunity to every man, woman
and child In the land through, the COM
ing year to enjoy the happiness, pros
perity and contentment which is
found in financial independence and
security for the future.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14
A REOL CHRISTMAS PRESENT.

The holiday season with its joys
and its problems is upon us. What
shall we do to add to the happiness of
the occasion? Each one of us would
lie not onl yto wkish our friends a
Merry Christmas and Happy New
Year, but to give them one. We can
not do this by means of ill-considered
presents. Thoughtless gifts cause the
January ash can 10 bulge with debris.
Only when our gifts have lasting
meaning do they carry the true mes
sage of goodwill which is the spirit
Of real giving.
We can give happiness and content
ment and safety for the future as we'll
as pleasure for the moment. Such
gifts are within reach of all They are
to be found in the Savings Securities
of the United States Government
From the % cent Thrift Stamp to the
$1,000 Treasury Savings Certificate
they will carry with them not only
the greetings of the season but happi-
ness for years to come. In presenting
the child card with one thrift stamp
affixed, you bestrow not only a pres
ent but a habit which will grow in
value as the days pass, for he will
wish to fill the card. That little gift
will have grown wonderfully before
another Christmas comes around, ant
the recipient will be on the way to 8
life Independence.
In recommending these lasting gift:
the Savings Division of the Treasur!
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14
BIB MUSICAL
SHOW COMING TO
LEXINGTON SOON
Biggest Musical Show Of the Year at
Lexington Christmas Week.

The biggest musical attraction that
has invaded this section since pre-war
days is now en- route from San Fran
cisco and Los Angeles to New York.
Theater-goers in this section will
have an opportunity to see this attrac-
ton, the Marcus, Show of 1920, during
its engagement in Lexington at the
Opera House, three night, Christmas
matinee, starting Thursday, Deem
Der 23rd.
There are nearly one hundred per.
sons engaged. Many of these are the
famous Marcus Peaches. There is q
special orchestra and 1t requires 8
special train of three baggage cars
and an equal number of Pullmans tt
transport the big organization.
Not in years has an attraction mad,
such an unqualified hit on the Coas
as that enjoyed by the Marcus Show
But few cities are being visited be
tween the Coast and New York wher,
the Marcus Show inaugurates its met
ropolitan engagement early mex
month.
In commenting on the attraction tn
San Francisco Examiner of Septembe
81, had the following to say:
"a musical Revue with a sort of in
door circus tone and liveliness Of &C
ton, the Marcus Show of 1920, VIC
the approval of an audience that las
night filled the Columbia
Girls, gorgeous costumes and agree
able comedy are the features, an
though it seem to have been the inten
ton of the producers to give an al
vance impression that the show migl
engage the attention of the censor,
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

Results of the corn club work con-
Quoted in Hart county under the di-
rection of Count Agent ]. S. Pullen,
show that the yields on all plots were
higher tina nthe general county aver
ages for corn. On eplot yielded more
than 80 bushels per acre.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14
00occcccoo0 coo
= ON THE FARM
. IN KENTUCKY
100000 G 9 9 G @ c

Lexington, Ky. Helpful Hints for
Tractor Owners" is the title of a new
booklet Just off the press at the Col
lege of Agriculture, University of Ken
lucky. Points to consider in purchas-
in ga tractor, suggestions on opera
ton and fabrication together with
points to conside rim operating the
tractor in cold weather are discussed
in detail in the booklet, which is
written by E. G. WEIGH, of the Farm
Engineering Extension Division. The
publication may be obtained free by
writing the Extension Division, Uni
versity of Kentucky, Lexington,
After conducting hog feeding
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14
An Appeal
To the Republicans of the Country and
All Those Who Aided Them:

The Republican the 1920 election has been
mensurate with the quality of our candidates and the
righteousness of our cause
This the partnership accomplishment of all Re.
pubcans everywhere and of hundreds Of thousands of
wel-wshers of good government regardless Of past
party affiliations.
To all Of these appeal, because it Is the mutual
responsibility of all who will share alike In the con-
sequent mutual benefit of good government
The plan Of limiting campaign contributions to $1,000,
adopted by your national organization, has left your
party unmortgaged.
1t has been most advanced step in placing the business Of
politics the highest plane and has brought inter
the part of thousands who never before have been
concerned with politics.
Some weeks before election it apparent that the
penses provided for in budget with the stricest
economy, would exceed the contributions, but
unwilling either to leave undone any legitimate effort
essential to complete to change the method
of raising money. We were then and re are now
that every Republican desires that the expenses of
the campaign be distributed in this manner
Your presidential campaign this year cost more than that
Of 1916 when dollar went nearly twice as far as 1t
does today.
Four years ago the bulk of the campaign fund came from
750 contributors, while this year the approximately
$2000000 contributed to date for the presidential
election has come from $4,000 givers:
The victory won the raising Of the deficit would be easy
indeed, If your committee willing 10 abandon the
policy Of keeping down the average Of contribution
This are determined not to do. 1t was Aght Of
burden from the minds Of millions and points the
way to better and happier days. We ask now for that
additional help from ell which mesited both BY the
to the welfare Of all Of our people and the
glory Of the nation.
Let have help from every American who is grateful
for the victory and all that to the country
might we'll be in the nature Of Thanksgiving offering
for the return to certainly SAFE sane constitutional
progressive government
Let us by general and giving put the seal Of
proval upon the policy Of putting national admnistra.
ton in power free from any possible embarrassment Of
special obligation to any man, men or group OF men.
Let us make the contribution whether large small
and whether Or not we have heretofsr: Xivsn. com,
within the maximum limit heretofore hxed.
Let get the cornerstone Of srdisr political
structure upon the roll Of those who have helped make
possible campaign Of which, in methods and result
we may Republicans and patriots be Justly proud.
Most earnestly urge that this aid be given quickly that
your committee may be enabled to discharge the parys
obligations and turn to further constructive work in be-
| half Of party and country.
REPUBLICAN NATIONAL COMMITTEE,
| Will H. Hays, Chairman.
| CAsel, shosH Do made syabk n Pred w. Ubksm.
| 7rsaswrn, JamsG Blaine IT,, Raners Treas.
wn osd 10 tho CsmmnHs QGa ~ West
an Street, Nsw Yert City. NJ y
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

demstration with pure-bred Poland
China and scrub in cooperation with
County Agent, John A. Hunter, Mr..
Carver, an Allen county farmer has
made the statement, mo more scrubs
for me-" Mr.. Carver fed the two ami
mails, which were both raised by him
and were the same age, out of the
same trough using the same feed for
60 days. AT the end of that time, the
pure-bred had gained 125 pounds
while the scrub animal had put on
only 81 pounds of pork.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

never could give up this life Of ami
NAL training" he declares. There
are 1000 of these canaries here and
sometimes when they all get to sing
ing, / kinda miss the tigers The
show is being held in seth street near
Lexington avenue, and it's a pretty
lour concert all the time.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

Among the trainers and exhibitors
OF the Canary Show Of America is
Joseph Hamilsch, who began life as u
trainer Of tigers. Now he is as busy
a. can be teaching canaries to sing
and talking through the sides Of the
glass tanks 10 the goldfish. /" Just
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

The semi-centennial of woman suf-
frage In Wyoming, the first state to
give women the right to vote. Is to be
celebrated on December TO- The first
voter is said to have been 7O-year-
old woman, who voted on her way to
the bakers, and went to the polls with
a vest pitcher in one hand the ballot
nthe other.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

After conducting hog feeding
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

Geneva, ILL.,, once boosted of having
a flourishing Methodist church with a
membership composed exclusively of
women
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

With the assistance of County Agent
John A. Hunter of Allen county, Mr..
A. L. Moore, an Allen county farmer,
now has running waite rffrom one of
the best springs in the county running
through his barn ad out to his house.
Previous to the istallation of the new
water system, Mr.. Moore carried wa
ter 200 yards to the house for years.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1920-12-14

The apothecary profession was OPP
ened to women In Holland In 1870.
Evening journal., 1920-05-29
Army BALLOON
.FORLEGION SHOW
Air Service Company of so
Men to Exhibit Its
Skill Here
ARE COMING IN OWN
MOTOR TRANSPORTS

Wilmington is TO be treated TO an
exhibition Of big army balloons and
war ballOOning operations as part OF
The American Legion Exposition and
Circus, on the show grounds. at
Twenty-ninth and Market streets, all
next week.
Lieutenant Herbert A. Russell. in
charge OF the local army recruiting
station. at sos Market street. today
announced he had received a tele-
ph0fe message from Captain Otto \.
SwobOda recruiting officer Of the Bal
timOre district saying the latter mas
made ARRANGEMENTS for an exhibit
here by a balloon company or the
United STATES Army Air Service.
The balloon company Will consist
or two officers and so men aud VIII
come 10 Wilmington with their own
motor transportation equipment, pal
looms, gas imitation machinery, etc.
IL Is probable the company Will en-
camp on the show grounds at Twenty
ninth and Market streets or nearby,
and give daily exhibitions In the Ni-
cinity OF the booth at the exposition
/ which will be maintained throughout
next week by The regular army.
. Methods By which balloons are useC
for making observations over battle
/ nelds, also possibly some parachute
/ leaps Will he given. in addition d
drills in air work by the company
Lieutenant Russell has assembled
A most entertaining and highly In
structive exhibit for the army booth
al the exposition. Work OF setting
Up the display will begin this afler
noon.
l1cluded in equipment which will
. be shown are three different types
4 Of rapid-nre guns: The Browning an,
! Lewis machine guns, and the Brown
4 ing- automatic rife. There also Will
4 be a display of various rifles. such
. as the American-Enfeld. the British
. arfsy rifle and The Austrian and Ger
4 man types. An American Stokes NOR.
Tar will be exhibited. as well as cap
. meft and comprehensive collection
+ Of rifle grenades.