davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-12-22
WHEAT ON RISE
ON SLOW MARKET
Corn and Oats Also Active in
Upward Ten
dency.

CHICAGO, Dec. 21-After being
on to an easy start the wheat mar
ket developed strength in the first
hour today and by mid-session it
was well under way to higher prices.
Lack of buying and local pressure,
induced by the weakness in stocks,
featured the start. Wheat picked
up on the break and there was some
buying for export. The close found
futures 2 to cents lower.
At the start corn held steady but
during the later trading the market
acted strong. Buying was limited at
the opening but II was difficult TO
buy an hour later because of the
scarcity of offerings. There was
good export demand but domestic
demand for cash corn was poor.
Receipts were estimated at $50 cars.
Futures closed l to cents higher.
Oats established higher prices.
Locals which were desirous of SELL
ing at the outset changed their op-
erations when they noticed the
tendency of wheat and corn. Offer
ings were light and difficulty was
experienced in covering. Move
ments from the country were esti-
mated at fifty-fve cars. Futures
closed at an advance Of from u to
q cents. Rye was 2A cents higher
and barley was 1 to cents lower.
Provisions showed strength aside
from the early price depression In
lard. Hog prices at the yards ruled
strong at 10 cents higher.
The Washington herald., 1920-12-22
MEN AND BUSINESS
By RICHARD SPILLANE.

In the Bellevue-stratford and the
Adelphia the walters serving Fl
large gatherings have resumed the
practice Of 'panhandling" the guests
On Thursday at the luncheon OF
the members council Of the Cham
Der of Commerce the walters got
into full action Immediately after
cigars and coffee had been served.
They put a coin-usualiy quarter
lin q plate. ratified It to attract
the diner and didn't even say Thank
you" when the victim disgorged.
At table A. I, Percival Il. Foer-
dcrer had a number of guests, in
cluding Edward Lupton. Public sery-
ice Commissioners Benn and Ciem.
ent. Powell Evans. James Collins
Jones and q newspaper mans
The waiter had held up" Mr..
Lupton and Commissioner Benn be-
fore Mr.. Foederer discovered what
was going on. He asked the waiter
to return to hts guests what the
servitor had collected from them
and he. the host, would look after
amounting the walters itching palm
At the dinner Of the Tri-Stats
Gamers, in the Adciphia, the wait
ers were rather insistent. They
looked for plunder even from the
women guests, the president OF the
association and the speakers Of the
evening.
contributions for the walters
they called, as they stuck the plates
in front of the guests and shook
the coins up and down. It's queer
what towards walters can make OF
men under such conditions. Near
ly everybody gave up and then
The Washington herald., 1920-12-22
new Low MARKS
ON ACTIVE CURB
Selling Heavy With Losses
Ranging From Fraction
To Over 2 Points.

NEW YORK, Dec. 21.-Renewed un-
loading Of stocks on the curb mar
ket today for the purpose of estsb-
fishing losses sent values to new
low records in some cases. Selling
was somewhat heavier than in re-
cent sessions and losses ranged from
fractions to more than points.
Standard Oil issues were quiet and
showed small losses.
International Petroleum was
steady, there being absence Of Ca
madam pressure. Producers and Re-
iners was a weak feature, selling
at 4% to 4Is. Simms Petroleum was
steady without material change in
price. The stocks in the Carib group
were the weakest. Carib Syndicate
continuing it's downward movement
and selling at the new low record OF
sh, and Carib trading on q few
small sales dropped from IS to the
new low OF Is. Midwest Refining
was particularly weak, falling about
points.
Aetna Explosives dropped q. TO
2. Meteor Motors continued in
, strength. advancing 1 point, 10 Is
new high. Metal shares were
moderately active and displayed a
steady tone.
The Washington herald., 1920-12-22
issue
NLOCAL COURT
Govt. Requests Appointment
OF Trustees to Dispose.
Of Holdings.

Oral arguments on the govern
ment's petition for the appointment
of trustees to dispose of the packers
stockyard and terminal holdings
were heard yesterday before Justice
Stafford in the Supreme Court Of the
District of Columbia The govern
ment asked the court TO appoint
trustees who should dispose of the
holdings in accordance with direc-
tions of the court.
Appearing on behalf of the De-
partment of Justice, Isadore Kessel.
who has been handling the packers
dissolution proceedings as special
assistant to the Attorney General,
told the court that the packers.
after ten months since the handing
down of the dissolution decree. had
failed to submit to the court a sat
isfactory plan for getting rid of
their stockyards, newspapers. termi-
nal facilities and other allied prop
critics He declared the arrangement
under which the packers would hold
control in the first and second pre-
ferred stocks of these properties
would result in keeping the case be-
fore the courts for a period of at
least twenty years. and the actual
dissolution would not be effected un-
til then, IL ever. He asked the court
to appoint trustees and give them
directions for disposing of the prop
erties as the court saw fit.
The interests of the packers were
presented by Charles A. Douglass
of this city. He explained the prop
osition to turn over the allied indus
tries to a syndicate for ownership
and operation, the most recent plan
offered by the packers, was a dis
tinct advance in their plans. and
that they should be given opportu-
nifty to work out some practical So
luton of the dissolution problem.
He warned the court that granting
of the governments plea would con-
stitute a precedent in court dealings
with large corporate interests, and
would make of the courts a channel
through which the government
might arbitrarily take control and
direction OF the interests of large
business enterprises.
Arguments will continue before
the court today. Owing to the pre-
cedent involved IL is not expected
the court will act without lengthy
consideration of the points involved,
The Washington herald., 1920-12-22

/ eased his feeling by saying what
shame IL was and why didn't the
management stop Il.
About . year ago this -panhan-
ding was stopped because Of some
thing printed in this column. II
Is Understood that immediately upon
publication Of the facts a high
onicisl Of. the PennsyIvania Rail-
road. who Is a stockholder in the
Bellevue-Strstford, went to the ho-
tel and fguratively read the riot act
to q person in Authority for per-
mitting such a practice in that es-
tablishment.
Queer as IL may seem, two dele
cations of walters came 20 the
writer and thanked him for what
he had written. They declared they
were forced 70 hold up" diners al
large gatherings because their
wages were so small. and the money
appropriated by organizations and
persons giving big dinners for fee
ing the walters didn't reach them.
but went into the pockets of other
persons. The walters said they
didn't want to be beggars or i'm
pose on patrons Of hotels but were
forced to IL by the grating opera
tions Of other persons.
Their version of the matter il
given hsre for what IL is worth.
One thing certain is that ''panhan-
ding" by walters in Philadelphia
leading hotels has to end-It is vile
"a disgrace to the hotel people and
to the city.
Philadeiphians do not want a
mendicancy course on the bili-of-
fare.
Copyright lsee. Public Lsdssr Co.
The Washington herald., 1920-12-22
Wheat Market Loses AU
Signs of Buoyancy

In their daily wheat letter. issued
at the close of yesterdays market.
Thomson and NcKinnon said in part:
THE market, while showing advances
at times, was at no time buoyant
like corn and seemed to move back
easily from the high spots, because
of lack of new export business re-
porting. The Southwest spoke of
belief that farmers were liquid
ating grains, and as their wheat
holdings are heavy, this. of course.
applied to that grain. Wire service
was very poor today and this was
against cash business in grains.
Omaha reported offerings increas-
ing"
The Washington herald., 1920-12-22
STEELS DECLINE
WHEN REPLOCLE
DROPS
Concentrated Attack on
Few Issues Brings Sharp
Losses.
PRESSURE GENERAL
Bearish Operations Are
Blamed for De-
pressions.

NEW YORK. Dec. 2I. - As the
market closed this afternoon. the
feeling was general In conservative
quarters that the pace Of the de-
cline in stocks was getting 30 swift,
that IL must be approaching its
illumination The weakness which
developed today lost none Of its
disconcerting effect because rns
range It covered was rather mar
row. The decentralization centered
on a comparatively few issues and
appeared to be the result OF a con-
centrated attack
The sensation was furnished by
Replogle Steel which closed at a
steel, commonly linked with its
speculative destiny. also fell more
than six points. The Street has
been bearish on Replogle for some
time, as 1t has had little faith in
it's industrial position Previous
assaults have failed because the
stock was so closely held and pro-
tected by supposedly capable hold
ers. The bears had more courase
today, and the vigorous attacks
swept aside all defenses.
Naturally. this had an Onsettling
effect on other Steel shares. includ-
ing United States Steel. which made
new low level. the lowest since
1915. The independent steels. in
cluding Midvsle, Bethlehem, Lack
awanna and Republic went lower
in sympathy.
among those suffering being Ameri-
can Linseed. Continental Candy. Ins
ternational Paper. as well as the
Coppers. Motors and Motors Access
sories stocks. The selling was aE-~
gressive and not altogether discrim-
mating. L s. Industrial Alcohol
was very heavily sold. notwithstand--
ing the inherently strong position
Of the company. its big return at
present prices and apparently ample
assurance OF a continuance OF its
present dividend rate.
Opinions were divided as TO the
occasion for the violence Of the de-
cline. Quite naturally many persons
attribute il to the strained creoit
situation and the unfsvorabie eco
nomie outlook. Others ascribe 81 20
bearish operations on an uRprece-
dented scale. conducted by powerful
Interests. In this connection ct
might be noted that the Financial
Chronicle, one Of the most conserva-
tive OF journals. last Saturday was
rather outspoken in taking this
view OF the case.
Commodity markets. aftcr early
steadiness. broke sharply in sym
psthy with the stock market devel-
opments. Some Of the cotton o.
tions made new low levels. S.er-
ling opened strong at s5.5s. reacted
cents and rallied irregularly. Call
money renewed at per cent and
closed at 6.
The Washington herald., 1920-12-22
PHILADELPHIA PRODUCE.

PHILADELPHIA Dec. 21.-Butter
Firm. The following quotations:
Fresh solid-packed creamery, fancy
high-scoring, 57assc; extras, SEC:
extra frsts. 54a55c; hrsts, 41a4sc:
seconds, 35a4Oc; sweet creamery
choice to fancy, 5Sa60c; fair to good,
4Ia51c; fancy brands of nearby prints.
jobbing at 65a67c, and fair to choice
at 52a64c.
Eggs-Steady. The following o,o-
tations: Nearby firsts, 75bs77Mc
dozen; current receipts. 1910. IVES.
tern extra firsts, 75ha77bc. frsts
7oa73c; fancy candled fresh eggs
7sasoc. " s"oiee'
Cheese = Barely steady. ouo,.
.tions: N. Y. whole-milk fats fancy
held. 27a27hc; fair to good, held,
zsaZ1c; fancy fresh. 24k a25c; COM
mon to fair, 22a24c; Longhorns,
neid, 2dc; fresh, 2s1za27hc; Single
DAISIES held, '26a27c; fresh. 25a2sc;
Jobbing sales Of fancy goods, 3oa31c;
Live Poultry-Fowis, fancy heavy
S2a34c; medium, 2sa30c; small and
inferior, 24a26c., White Leghorn
fowls. 2Sa27c! Spring chickens
roasting stock, fancy, Weighing 4
lbs. and over apiece. 3oa32c. Spring
chickens. ordinary. 2sa2Sc. White
Leghorn chickens, 25a27c. Old
roosters. 2oa21c. Turkeys, fancy
45a 6oc;' ordinary. 35a40c. Ducks,
choice. 32a34c; Muscoyy, 24aa6c
Geese, 2ea31c. Pigeons. pair, 4oa
t6c. Guineas. young. pair, weighing,
IN lbs. and over apiece, 9Ocas1
smaller sizes. soasoc; old, pair,
s0a70c.
Dressed poultry-Turkeys spring,
fancy, Delaware and Maryland, soa
tSc; virginia and West Virginia. 56
q soc; Western dry packed, 5sa57c;
Western. ice packed, 50a51c; fair
to good. 35a45c; fowls. fresh killed,
dry picked, in boxes. weighing 41ka
8 lbs. and over apiece, soc; a lbs,
3sc; 3h lbs. 31a32c; 3 lbs, 2oas0c;
in bills, dry picked, 4a5 lbs. apiece,
dry packed; 33a34c; 4a5 lbs. apiece,
iced. s1a32c; ga lbs, 27a3oc; . lbs.
and under, 24assc; roasting chick
ems. Western. dry packed, in boxes,
4ifa5 lbs. and over apiece, 37a3sc;
4 lbs. 34as5c; 3ls lbs.,. 31a32c; iced,
In bbls.. 4a5 lbs. and over apiece,
31a32c: 3h lbs. apiece. 2sa3oc; fry
ers, Western. iced, lbs. apiece, 2Sa
&c; broilers, Western dry picked.
1ha2 lbs. apiece, 43a45c; smaller
sizes, 41al2c; nearby. 11sa2 lbs.
apiece, 45a47c; smaller sizes, l2a
44c; roasting chickens, nearby, 4a5
lbs. and over apiece, 37a39o: fryers.
nearby, 8 lbs. apiece. 30aszc; old
roosters. dry, picked, Western. 25c;
Southern. s3a24c.
The Washington herald., 1920-12-22
Central Railroad of N. j.

The regular quarterly meeting of
the directors of the Central Rail-
road of New Jersey was held today
but no action was taken on the
dividend due at this time. After
the meeting it was said that divi-
dend money for this quarter usually
Is received from the dividends paid
by, the Lehigh and Wilkes-Barre
Coal Company, the stock of which
Is owned by the Central. The courts
have restrained payment of the
dividend to the company but Off
GERS say that eventually the money
will be received either by the
company for disbursement to its
stockholders or by the latter direct.
The Washington herald., 1920-12-22
WALL STREET GOSSIP.

NEW YORK, Dec. 21.-A new ad-
age has been added to the long list
of Wall Street: the weaker the mar
ket the more humorous and virulent
the rumors. While seeming demor-
alization ruled today, the window
carried venomous reports of this
and that firm or Individual being in
financial straits. The break of %
points in RepIogle Steel gave the
mongers a new field TO invade. When
Vanadium Steel accompanied Replo-
gle on its downward trip to the ex-
tent of eight points, the movement
was pointed out as confirming re-
ports of speculative difficulties.
As the market weakened the tick
ers printed the decision of the House
Ways and Means Committee with
drawing the Edmonds resolution
from consideration. This measure
was designed to grant an extension
of fifty days for delinquent taxpay-
ers. This was taken to mean that
more liquidation would result, no
attention being paid to the state
ment by Secretary Houston that tax
monies are flowing into the govern
ment Golfers steadily every day.
1t was reported in steel circles,
which usually are we'll informed as
to future price plans, that Bethle-
hem Steel Corporation, Backawanna
Steel Company and the Cambria
Steel Company are about to an
nounce a reduction in the quota
tions of steel rails. The indepen-
dent mills have been quoting $57 a
ton for standard section rails, The
new price. 1t is understood, will be
SAT and present contracts for 1921
delivery will be adjusted to the new
schedules.
Steel mills are reporting more
Tive" inquiries on various classes
of steel products, particularly those
forms adapted especially to railway
needs. There are a number of rail
inquiries in the market, that of the
Pennsylvania system for zoe, 900 tons
being the largest. Some sizable in
auiries for repair work as well as
for new car construction also are
in the market. A sharp speeding up
of the industry is Anticipated by
steel men here within the next six
weeks.
Money was in ample supply all
day. Opening and renewal rates
were per cent, which later was
reduced to 6 per cent. Time money
was without featufe but there was
unusual activity in the commercial
paper market. Out!of-town banks
were large. buyers Of short time
high grade paper at ~ per cent
names just a grade lower bring s
per cent. -
The Washington herald., 1920-12-22
VEGETABLE OIL S REACH
1914 PRODUCTIONLEV
Present Production and Consumption
20% Less Than Last Year.

had to BE- met was that which supply fats
suffered a f Fl Lack h Of fats . @ diet M
4
oils the United States DO show ssa,
afapf
ss VI hs show
% or ,o1. an s s 1t
table oils (. s d S 5 Which The ne
'et
vegetables o s' s e nett tell Of as ass s9s a G
for s than az the total sa 1pG & the
oi th to. Ssss.be During this period heIe
oil this country In 9Is the production Oh the
Omitted was less than pou1d h 1918 81 and
from less than pounds over asooooooo pounds
P7 @ an ass $ s @ was s; a..
ssS 4s @ o:s"rt na a S9 s
Of OIL which from pounds 1912
S 0oo co., penna,
they and 1879 @
sss ss1 Figures: 'ss
as during the first % both
pea @ e %
S % % % oil oil e s d1
100000 pounds compared with nearly 100000 pounds in the
wi,
Of @ nsd oil oil crude and and
In regard consumption there big in the
year compared mas use With IF ss
wood crude and refined inseed and d S
oil and in refined eoooanut oil
relatively first nine months Of f"E 1920 otf than OIL in "s T
S Fl, Ss % % a nj
pounds last year. were 100000 pounds
Dor The o tGs a kn shows and i'm
this and last together percentage increase or de
-esl VEGETABLE OILS IN THE uNrTEp-srsrrs
The Washington herald., 1920-12-22
Call Money Remains
Quiet and Featreless

NEW YORK. Dec. 2l.-The money
market was quiet and featureless
today. Call funds were In moderate
demand at the Z per cent renewal
figure. Time money as heretofore
was nominal at 7ha7& per cent
Prime bank acceptances were in
fair supply and demand at un-
changed quotations. Business in
prime mercantile paper was slow al
a minimum discount figure at s per
cent, with occasional transactions on
extra choice material at "a pei
cent.
The Washington herald., 1920-12-22
Increased Offerings
Tends to Sag Cotton

In their daily cotton letter. issued
at the close of yesterdays market.
Thomson and McKinnon. local bro
kers, said in part: After a show OF
stability during the earlier part of
the session the cotton market finally
gave way and began to sag under
increasing oHArines both r-o~r loc~'
as we'll as Southern interests, and
new laws were again estsbIisIieu
The weakness in stocks probably
contributed toward this in further
undermining confidence"
The Washington herald., 1920-12-22
Shipping Board to Grant
Ocean Rates Hearing

The United States Shipping Board
yesterday announced that it would
grant a hearing to those interested
in the establishment of ocean rates
from Atlantic and gulf to foreign
ports on corn, wheat and related
grain products on January in
Washington. Until that time, the
board announced. the present rates
would continue in effect.
The Washington herald., 1920-12-22
Passage of Tariff
BMAppears FarOrabLe

Passage of the emergency tariff
bill by the House was indicated yes
terday when vote to take I'D the
measure today passed, 2o6 to 76.
The majority of the Democrats,
however, the vote indicated, will op-
pose the bill.
The Washington herald., 1920-12-22

terms cash at dealers warehouses.
range mostly from 81 to SO per
ton over local market prices on hay
and from 81 to IS per ton ON feed.
The Washington herald., 1920-12-22

Eggs-Nearby. 75c; Southern, zoe;
average receipts. 72c.
Butter-Print. Tic; creamery. ex-
ira. 6sassc.
Cheese-June-held, 31a32c; new
made, 2sa29c.
turkeys, 4sc; spring chickens, 3oa
32c; White Leghorns. Csc: hens, 2sa
soc; keats, 4oa45c each. dressed
fowls, springers, 33a35c; turkeys, Al
a50c; roosters, 23c.
Calves and lambs-Calyes, tic;
lambs. 12c: prime. 1oc.
Hogs-sa1oc; boars, Is5c.
Rabbits-Tops, SOC each; No. 2
and kits, zoe.
Pork-Dressed: Small, lac; me-
dium. 13c; heavy, 10a11c.
Sheep-3a6c.
Green Fruits-Apples, per bas-
ket, 75a2.00: apples, new, per bbl.,
$3.10a7.5e; pineapples. $sas; Califor-
mia oranges, s4.5oa5.50 California
lemons, per box, s2a4; grapefruit,
per crate. s3.50a5; Florida oranges,
s2.50a5: Brussels sprouts, 10a20c.
epbles-Potatoes, nearby, per
bbl.. $3a3.25; Northern, per sack,
3.25a3.50; string beans. per basket,
Florida. $3a4; cabbage, per bbl.. $1a
1.50; beets, per ton, s4a7; lettuce,
North Carolina, per crate, $1a1.25;
ropaine lettuce, per crate, 75ca$1
Florida. S2.5oa3; peppers, per crate.
$5a10; squash, per crate, S2.50a3:
eggplant, per crate, S4a5; onions,
per sack, s1.75a2: spinach, per bbl.,
s2.5oa3; Florida tomatoes, per crate,
s2a7; sweet potatoes, No. !, per bbl..
s4a4.5o; celery, 50cas1 per doz.; New
York celery. per crate, s4as.
Furnished By U. s. Bureau Of
Based on December Is quotations
in important markets, prices for
hay. feed and grain in markets de-
livered Washington. ID. c., fol
prompt shipment are quoted as fol-
lows: No. l timothy hay, per ton.
s33; No. timothy hay, $50; No. 1
clover mixed. $50; spring wheat
bran. s3s: spring, wheat middiings,
s34; cottonseed meal (3s per cent?,
$36; old process linseed meal. $40:
gluten feed, $50; hominy feed, S41:
dried beet pulp. $40; No. yellow
corn. s1o1 per bu-, s1.o1: No. 2 white
corn per bu.. sSc; No. Q white
oats. per bu-. 5sc;J No. white
oats, per bu., 5sc. The follow
lowing prices are quoted by local
dealers for carlots, basis cash pay
ment; No. timothy (western)
hay. per ton, s35: No. timothy
(western) hay, s3I: No. clover
mixed. So; spring wheat bran. $50;
winter wheat bran, $40; four, soft
winter straight (14e lbs, jute), So
az per bbl; hard winter straight
d4o lbs. tute). ssas.5o; fancy spring
patent family brandt, sS.5oas.5o
No. shelled corn. per bu (bags cx-
trad, s1.04; No. white oats, Sac
Jobbers' prices in ton lots or more.
The Washington herald., 1920-12-22
THE IDEAL
CHRISTMAS GIFT

Whether for relstive, friend or em-
pIote. our First Mortgage Notes
make practical and long-remembered
Christmas gifts. The holder Of these
Notes receives the interest on the
day IL is due. Unlike cash bonuses
or gifts. which. at least, create an
artificial and temporary condition Of
luxury. our First Mortgage Notes
artificial and temporary condition Of
principal by the recipient.
For convenience these Notes are
offered in denominations Of 800 and
upwards. Our facilities. acquired
during over nfty-one years Of serv-
ice, are at your disposal.
SWARTzELL, RHEEM 4
HENSEY co.
TT Fifteenth Street N. w..
Washinstss, D. c.
The Natiei's Hene Town.
The Washington herald., 1920-12-22

First nine months of each weary
Thousands of pounds-ooo omitted)
PRODUCTION