davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-12-10
MEN AND BUSINESS
By RICHARD SPILLANE.

Banks particularly small rival concerns that specialize in
Keepers RaeE
Say said of these egsto%srs Han whats
ws.S md r is thirty yse e IA.
aS sna m s H hack S sss GP . 0 &c hacks Of
what DO get he 0'''Fd his
"a can't make living along the docks unless he
naR IL s sss % % days the people who
swede who didn't United States
believe s s' $
fifty years before the war got uns terribly once or twice with the
h se' p So much % 9i se that RS
b.s Bad sS sISS: kaShE
Of them and soI. ot liked them fEs
5 On ] I sa oa, $ So so got sn s thought 81 had
enough 5 from re the ship to the hG, together with their
haul ali the junk Of those people All while they
nav s s. i..F
printing business must be great in theT country
IT'S bad others you get any
THAT ens S he wo aseS s o There's three kinds of
Il a A knsw there s kinds Of the world
WsH take i.s% Of e Then 5sEs: money
snd @
She didn't -, The best for i5s And all the
right 70 let these foIssners here and take ad
@
to mee. up with He King Of Ha Marcus Gan Did yog
about He coored population
going Africa be emperor something You'd
down South and elsewhere join with him and be princes and
everything.
81 being with lot of lire
ps5y that Just got on b the van & boat They wanted
They'd before they weren't
black I'd they They asked knew Marcus and
I'd take them the told them but
and have change They piled in There eight
of them How they all haven't figured charged
them Sc apiece and dumped them the first subway 5on You
should have heard them holler.
SAY anything exchange? What
anyhow, You don't know? Well take and lay of
Donf take Bohevist cured At that do
know sometimes think of stuff must be good
wonder the bankers 1t right when
have what looks like only small change handed
KICK what do get: Nothing but long line OF talk
about exchange.
"T you off At I'm off rubes and drachmas
Czecho- -Sloyak money, 1t looks
The Washington herald., 1920-12-10
FREE SALES HIT
PRICES OF GRAINS
Corn Shows Weakness and
Wheat Figures Are
Lower.

CHICAGO. Dec. s.-Grain prices
here were affected today by the free
selling by local longs. who were
disappointed over the failure of the
market to respond to the bullish ex-
port. news.
Several local longs dumped their
lines overheard. and while there was
fair buying on the down turn, prices
were heavy. at the close.
More. export business was re-
ported during the day. both OF Gulf
and Pacific Coast wheat, and Ca
madam advices indicated shorts were
having difficulty in filling theif
sales. Neither these reports nor
the sharp advance in Argentine
wheat prices stimulated much out
side buying.
Resting prices were 2k to 81
cents lower for wheat. Corn dropped
IL to x cents and oats were x
to q cents lower. Rye was Y to
q cents higher. and barley un-
changed to 1A cents lower.
After a steady opening, corn de-
veloped considerable weakness In
tiuenced both by free commission
house selling and by weakness in
wheat.
Oats finished with fair sized losses
for the day. the market showing but
little rally. The drop in other grain
markets, the slow shipping demand
and lack of supporting orders were
the main factors
Provisions finished lower. This
was due to a little commission house
and local selling, with an Indifferent
demand.
The Washington herald., 1920-12-10
z More T0lDns Added to
Corn-Borer Quarantine

Seven additional towns in Mas
sachusetts, New Hampshire and New
York have been placed under the
Federal quarantine against the Eu-
ropean corn borer. effective in other
parts of the States, the Federal
Horticultural Board of the United
States Department of Agriculture
recently announced. The order. ef-
fective November %. extended the
quarantine to include Fairhaven. in
Bristol County. Mass; Atkinson, in
Rockingham County, ". H; Buffalo
and Elma, in Erie County; Grand
Island. Niagara and wheatfield, in
Niagara County. n. Y.
Determined effort is being made
by Federal officials to check the
spread OF this insect pest, which is
practically a newcomer in the United
States. Movement of all articles
likely to carry the borer from the
infested areas is regulated and a
careful watch is kept by agents OF
the department.
The Washington herald., 1920-12-10
JAPANESE EXPORTS
SHOW HUGE Loss
Imports, on Other Hand, Indi'
cate Slight Increase Over
Previous Month.

Exports from Japan during No
gember amounted to los, $4,000 yen.
which is about 3o.o0o.0 900 yen less
than the exports during October, ac-
cording to cablegram received at
the Department Of Commerce va
terday from Commercial Attache
James F. Abbott at Tokyo.
Imports into japan during No
vembern were valued at 10s,s5s.00o
yen. an increase of per cent over
the imports during the preceding
month. Based upon q revision of
the figures of the nrst ten months
of the year. total exports from
Japan for the eleven months ended
November 30 amount to 1,S6o.37s,00o
yen, while imports for the same pc
riod total 2,22s,ss5, 900 yen. The pres
ent value of the yen Is so cents.
During the three months-August,
September and October-exports ex-
ceeded imports by about 11S,000. 900
yen, reducing by that amount the
unfavorable trade balance from the
maximum of about ,4s1 100000 yen
accumulated during the FIRST seven
months.
It appears probable. says the ca
blegram, that Japan will close the
year with an excess Of imports over
exports of approximately 7o,ooo.ooo
yen. which will be about 1s per cent
of the exports for the year COM
pared with an excess of imports of
only about 74.0oo.0oo yen for the
year 1919.
Gold imports during November
were 72.sss.ooo yen, as compared
with 75.57s.ooo yen gold imports dur
ing September. which brings total
imports of gold during the eleven
months of 1890 to 3o9,43S.0oo yen.
The Washington herald., 1920-12-10
NelD List of Dealers to
Handle imported Cotton

A revised list Of licenses author
lied TO purchase and use. traffic In.
or store imported cotton under the
government rules and regulations
has been issued by the Federal
Horticultural Board of the United
States Department of Agriculture
under date of November 1.
Those persons, firms. or corpora
tions in this list licensed as brokers
only are authorized to traffic in
foreign cotton, but not to use or
store such cotton except in a Ii
censed warehouse, and the storage
of samples of foreign cotton on their
premises is prohibited
Information as to persons, firms.
or corporations whose names were
not on the list at the time Of revision
may be obtained from the board or
from its inspectors, who are imme-
diately advised Of all additions or
changes.
The Washington herald., 1920-12-10
SOUTH WILLING
TO TAKE LOWER
|. COTTON PRICES
Representative -Upshaw,
of Georgia, So Asserts,
Discussing Situation.
PLEA FOR PLANTERS
Advocates Re-establishment
OF War Finance Corpora
tion as First Aid.
PLEA FOR PLANTERS

Although the National Association
Of Cotton Growers and other agen-
cies Of cooperative marketing have
been clamoring for the maintenance
Of war prices of commodities. Rep
resentative Upshaw. of Georgia, yes
terday asserted that the cotton
grower of the South is willing to
accept the dictum Of events which
have brought a reduction of abnor-
NAL prices. Yet, he said. 1t would
be unreasonable to ask that the
cotton farmer OF the South should
be forced to absorb in one season
all losses that have been sustained.
The cotton on hand in the South.
Representative Upshaw asserted.
was warehoused at a cost to the
grower of about IS cents per pound.
1t has now reached a level in price.
he said. of around Is cents. This,
he pointed out. had resulted in a
loss to the planter OF 23 cents per
pound.
ANY condition that has developed
whereby cotton has been forced on
the market at Is cents a pound"
said Representative Upshaw. lis a
condition which ought not to be al
lowed and which the government
should seek to prevent.
"As the first aid in extending help
to the cotton grower, the agricul-
turist and manufacturer. the gov
ernment should Immediately re-es-
tablish the War Finance Corpora
tion. This would present an oppor-
tunity to the government to func-
ton in this serious time when re-
lief in all sections OF the United
States is urgently needed to with
stand panicky conditions.
The War Finance Corporation
would be able to extend credit to
individuals and firms which can
not obtain credit now through
either State banks or the Federal
Reserve Banks. The policy of these
institutions is too conservative to
permit any further extension OF
credit"
As Secretary of the Treasury
Houston and Gov. Harding of the
|. Federal Reserve Board have openly
NopPoSCo thC VI tnc
War Finance Corporation, IL Is the
general consensus of opinion at the
Capitol that legislation favorable
to the suggestion will not be
brought up for action. In lieu
thereof. attempts are to be made
by Senators and Representatives to
have deducted from the last quar-
ter of the income tax returns. the
net losses sustained during she year
1920.
According to the best information
obtainable at the Ways and Means
Committee of the House, such ac-
tion by Congress would write on
the revenue returns Of approx
mately $500. 100000. AS The need
for greater revenues is pressing
il is believed that leaders will also
pass this suggestion, which seems
to have originated from Democratic
snurcaS
The Washington herald., 1920-12-10
American Glue Concern
Opens in Foreign Market
Especial Cable Dispatch.) }
NoP5SINI OtuIe Ulsp<IcnsT
(Copyright, 1870, By washington Heralt

NNNfSNs-Nt @~-Nf " "&1aAAtsSa A<oAe@Asl
BERLIN. Dec. s.-An information
~ glue trust-with Americans, Ger
mans and Italians participating
was launched here Saturday at a
meeting of the Scheidemandel Com
pany. the leading German firm IN
this industry, which increased its
capital to permit American interests
to enter the German company. They
elected two American directors
King Upton, of Boston. president of
the American Glue Company, and
Clyde Bailey, of Chicago. to repre-
sent American capital. and DIR. Co
liono. of Milan, to represent Italian
capital. The stockholders author
lied an issue of 100000 marks in
new capital to an international
group under the leadership of the
American Glue Company. A fur
ther issue of 100000 marks in new
capital will be distributed TO old
and new stockholders. at l20, or
about one-sixth of what the inter-
national group pays for its interest.
The Scheidemandel Company, be-
fore the war. branched out from
Germany and established itself as
an International concern, with fac
tories In many countries A-num-
Der Of them were sequestrated DUR
ing the war, and the company now
nnds difficulty in getting the neces-
sary supplies of raw materials, ow-
ing to the depreciation of German
exchange Outside capital will as
sist in solving this problem. while
the German company will contrib
ute In turn its International organ
lzation and experience to the COM
mon cause. Negotiations now are
esu OF several other countries in
the conbination.
The Washington herald., 1920-12-10

per kilo. and buttons OF bone. horn.
ivory and paste. Increased from 2.se
to 7.5o 1esetas per kiio. +
The Washington herald., 1920-12-10
Good Outlook Seen
For StOUe Industry
Especial to Businsss section Of Ths wash
ingtsa Hsrald.)

Especial to Businsss Section Of Ths wash.
ingtea Hsrald.)
ATLANTIC, CITY, Dec. s.-while
the stove industry is experiencing
period of depression that will
probably last for few months
longer. the outlook for the whole
Of. 1921 is rather good, A. J. Mitch
ell. president Of the Stove Founders
National Defense Association. said
today. He heads the committee of
manufacturers that Is discussing the
wage question with committee
from the International Molders'
Union of North America. at the
Marlborough-B -Bienheim here.
Retail prices for stoves will not
be lower for a good while, Mr.
Mitchell said. because there has
been no appreciable decrease In the
price of material. Eventually, how
ever. the cost to the manufactures
will be lower and the dement's win
be passed on to the consumer.
The Washington herald., 1920-12-10
Conditions in Money
Market Fail to Change

NEW YORK, Dec. 9.-Conditions
in the money market failed to show
any change today. Time money
was quoted nominally at ~ and
TX per cent, with no money in
sight. II was reported that the
latest issue Of certificates OF in
debtedness was going well"
The market for prime bank sr-
ceptances was unchanged. The vol
ume OF dealings in prime mercsutii e
paper is moderate at a minimurl
discount figure OF per cent
The Washington herald., 1920-12-10
ENTIRE MARKET
IS FEATURELESS
and NOT STRONG
Many Reasons Advanced
For Sagging Issues but
Nothing Reliable.
PROFITTAKERS BUSY
Far Sighted Investors Given
Golden Opportunity-Some
Take Advantage of II.

NEW YORK, Dec. Sit would bs
pronuess to attempt to single out
individual points Of weakness In to-
days market. for declines were 10
general that no group was immune
from the influence Of the downward
tendency. Transactions approxi-
mated the 81 BOO. 900 mark. and the
character Of the trading gave evil
dence Of LIQUIDATION along with op-
erations for short account. The
range covered almost every issue
that has been at all active in recent
market sessions
As usual. there was no particular
news development Of the day to sc-
count for the heaviness. Strangely
enough, there appears to be no re-
liably authenticated sign OF any
specially unfsvorable development
II was largely a case OF the tape
telling a story Of lack OF confidence
and depleted buying power. or
course. the market cynics advance
the usual theory that the decline
is proceeding because the big peo-
pie "dul Chtdp tNOChe- IL Ahlc W
the case, their desires are being
fulfilled.
Bargain Hunters on job.
Although investors among the
business element are disposing OF
securities for the purpose of pro-
viding liquid funds. there IL ample
evidence that the bargain hunters
are on the job. making their pur-
chsses and taking them out OF the
floating supply.
Buying of this character. how
ever. has not yet attained sufhcient
volume to afford a check TO the
downward movement
There is no doubt that the declin-
ing earnings of industrial comps-
nies, the reductions and passing OF
dividends, as well as the fears OF
further developments along similar
lines. arc wearing out the patience
and courage of holders in addition
to making prospective buyers defer
operations
Diseriminatien ReauireS.
1t might be noted in passing that
il is just such conditions a. these
that gere courageous and far
sighted investors their opportunity.
At the same time il must be sd-
mitted tNat the structure Of the
market is undergoing a change and
for this reason unusual discrimina-
tion is required.
The Washington herald., 1920-12-10
Huge Sum Spent to
XIII Animal Pests

Work sf eradicatias asinaIs
destructiye ts creDs. stock, etc..
In the United States. carried en-,
by the Bislsgieal survey. United
States Department Of AgrienI-
tufe, and ee-sperafers. In the last
Ascal year is estimated to have
saved ef6.eoe. go. Fifty thea-
sand predstery animals were
shot, trapped, OF DsiseneA an6
34,oe0, ,ooo acres peisened - ernAi-s
cate greund sssirreis and prairie
aegs. I37sooe farmers ce-sp-
Grating. Annual damage by'
these aniaals n eenseFvativelx
estinated ats Wolves, csystes,
etc. e2oyeee.eeeI prairie dogs.
ground squirrels and ether native
rodents, e3ee,eoe.eee, he1se rats
and nice. e7eeJeoeyeo&
The Washington herald., 1920-12-10
Candy Sales Suffer
Slump Despite Christmas
Especial to Business Section Of The wash
ington Herald.)

Ncpeclai 70 6uSineSS eccuon OF Inc VASE
ington Herald.)
CHICAGO. Dec. - Despite the
near approach of Christmas. candy
sales in the United States are in a
slump. although the first nine
months OF the year showed record
sales in every part of the nation.
according to John. T. Poole, presi-
dent of the Western Confectionery
Salesmen's Association. in session
here.
Speakers at the conWntion said
the business slump was the fault of
the retailers. who are not passing
the manufacturers reductions along
to the consumer. They see little
hope of increased business until
these price cuts are made.
The opinion was that by January
candy prices would hit the bot
tom, and probably stay there for
some time.
The Washington herald., 1920-12-10

Prices 25% During Past Month;
Present Outlook Not Promising
ssmshag declared s;
time s
eRsas'
ss s.e:s = March s M
the frs. month Of this attempt control market
T :s 50 o sa s s Withhold e Re Re- from
a 1y h III E sd
o @ s as ls
% Ss bass Soss%s ssd 81
$ & United % State: s ii 5ss S% &SsS e @ 1
n" TS S Sympathy
situation sso per
On the other hand the q: that h has S cost
given By the public % snss; % . sd figures
either miscalculation or of mismanagement
the
sold for so an acre increased to as much as $500 requires
5 soGd to s S 90 c and nd
s per TO & 5000 to E
mot a kas asss "a .es i I
The thing which is Of
sS snSshs Of s sse s! p s TG sa that
possible ta1ia~
bs able s.rIyoysi
s IT. ibis Which win %
a n should By ssa oG 5es ss with 0SSs M
could not sell abroad that and could
that the long run oa wheat must Be sold
auenee world during months The IKE
ood of short supply of exceptionally heavy demand would
.n The Of Tss: 11s
ps s o s Sy
the Of maize rice and her bread
continuing cereals in order
% S
nf 5 S ss @
subsidy will a % . the p % Sa %
widespread unemployment eonsum
"snd d's about
her until next March ' p'
ee,:G s S .: OF .ns sn in & sss @ a
People buying less and the price Of whea, high they
5 s I ss & ss' 5 5 s a d % e viii
no" ss. 5S'.s T.: sS' I S
crop @ ss s;esy than III
% @
out Of hs s9snt,y ...o,,
bushels v s m S s gt on
.1se ssr I a I G S G
harvesting only bushels promises have big crop
sssy 9m By s Sss
mated she will Ioooooooo bushels for export
fGio
bushels i sb m saSs export there will be fro" to
India exportabe
which than the
ing than they likely take
this Shortly after the there will be
bushels the southern
Their production costs cheaper than ours and there
abundance of shipping Anyone draw their
OF something happen
the southern hemisphere which yet harvested We
about position with them May forecasts of
the wheat in this country
If asks what be done help farmers realize
costs the unfortunate answer far we can nohng
World conditions brought about lower for
for everything else just 1916 and they brought about
of credit
the of corporations
fats change
conditions although temporarily aeaig the
conditions
The position the manufacturer
chant who with falling market finds his warehouses shelves
full purchased The best plan his
loss and the profits he made 1916 and In the
long the farmer like else will beneht
living carefully planned
high cost of production
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-11-02


while in some future emergency. Under this
arrangement, moreover, the present timidity
Of capital might be overcome.
Certainly 1t would be wisdom to face the
Hog Island problem realistically. The worst
that could happen to the colossal shipyard
would be prolonged period Of inactivity.
Terms that will retain or renew some life In
the plant must in the long run be preferable
to those which, however ideal, are unappeal-
ing.
Mr.. French intimates that Philadelphia
capital is making new efforts to make use of
the vast resources and equipment Of the
yard. II the government is inclined to be
skeptical over nebulous reports of a solu
tion of the difficulty, that maybe natural, but
is poor reason for making all terms dis
couragingly infexible.
In addition, it is almost inevitable that
the post election period will see new in
itiative in large scale business. The present
counsel in the Hog Island situation is
patience.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-11-02
SEVEN-CENT RIDES

CONFUSION, delays and occasional flares
O,of bad temper were inevitable with the
introduction Of the seven cent and four
rides for quarter schedules on the lines OF
the p. r. I. Trolleymen will now have to
spend good part of their precious time
counting coppers. When every one rides
with strip ticket life on the street cars
will be less complex than it was yesterday.
But il the seven cent fare stands. it will
continue to involve added inconvenience for
the conductors and the general public.
The crush and confusion apparent at
many places yesterday were reminiscent of
the trouble that occurred in Camden when
the Public Service Co. experimental with a
Efantastic zone fare scheme that would have
zrequired trained mathematician in the
place of the fare -taker on every street car.
Here the good psychology of the Mitten plan
10 apparent. A nickel is a convenient coin.
1t is no trouble to recognize it in a hurry.
It is ready in almost every pocket. 1t is not
greatly priced. Innumerable people who or
dinarily ride short distances would never
grumble at giving up a fve-cent piece to
save few minutes of valuable time. But
these same people are likely to remember
that walking is a most wholesome form of
physical exercise when they are asked to
Bay a rate of fare that leaves only a bit of
inconsequential wreckage out of good,
bright silver dime.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-11-02
COMMUNITY SPIRIT

DESIDENTS Of the Cobbs Greek boule-
lO.yard community are to be congratulated
>on their persistence. At a recent mass meet
ing the latest attempt of the Council to defy
public sentiment was countered by resolu-
(tion urging the defeat of new ordinance
introduced to permit the p. II. Il. to lay
iouble tracks on the already traffic -burdened
street opposite the park area between Mar
ket and Spruce streets.
The whole subject was thrashed out some
ftime ago. The Mayor vetoed an earlier
eordinance. That the Objectionable plan has
cropped up again has not discouraged a
\ group Of citizens who thoroughly understand
ftheasituation, know what they want and are
resolved to get it.
A question that might be adjudged pa :
grochial thus assumes a larger and more gen :
5eral municipal interest. Dwellers in other
fparts of the town are inclined to wonder
swhy so unpopular project should be re-
fviyed.
III the transit company and the Council
have no more satisfactory replies to such
Enquiry than they had in the past they may
Rlnpleasantly learn how minor question
can grow into one of embarrassing proper
tions. Even in little things the way of au =
tocracy Is sometimes hard.