davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-12-17

good. Active coverings of January
contracts, with sales of later
months. featured the late session.
Prices advanced to the highest lev
els of the day. January touched
1888. a net gain of As points and
more than l0c a pound above the
low level of early in the week.
Southern selling rear the close
checked the rise and final prices
were to > points net higher, Janu-
airy showing the most improvement.
Spot here was 20 points higher
at &c for middling; there were no
sales. Spot at New Orleans steady
with middling unchanged at l4.75c;
the sales were 1857 bales.
Receipts of cotton in bales at
some of the leading points were:
Galveston, 1909: New Orleans.
S.Sl7: Mobile, 935; Savannah, zoos:
Norfolk. 1898; Augusta. 1,o71; Hous-
ton, 12,s23.
The Washington herald., 1920-12-17
Low INVENTORY
REPORTS DENOTE
! : GOOD RESERVE
More Cash, Less Stock
Shown on Hand in
Reports.
CAPITAL BULWARK
Vanadium Steel Cuts Divi-
dend-Crucible Steel Tone
Irregular.

NEW YORK. Dec 1s-If one wer.
to seek for a feature among the
developments in the security mar
kets today, he probably would fnd
IL in certain important Indications
that pessimistic predictions are al
ready falling of realization. Tho
major emphasis of tate has been
placed on the ~huge inventories OF
industrial companies during a pc
riod OF price decline. and the pass
ing OF dividends as a result of re
duced earnings.
II is therefore refreshing to turn
to the showing OF American Car
and Foundry Company as an eK-
ample OF what may be expected
when other companies issue theiI
statements. The Inventory OF sl5.-
OO7, 200 at the close OF the fiscal
year ending with April this year
is only one-third OF the same item
for the year previous. The show
curities is equally encouraging. In
view of the fact that our strong
industrial companies generally fol-
lowed the policy OF adding to their
reserves for she purpose OF work
ing capital as a bulwsrk against
depression when the lean years
come. IL is quite likely that we shall
have some more pleasant surprises
in the near future.
The Vanadium Steel directors re-
duced the dividend from ss TO Sc
but the statement OF earnings show
ed that this action was dictated b.
conservatism rather than poverty
Tho early attack on CruCibie wa
inspired by prediction that the div
idend would be reduced. but tho
directors later in the day decided
for the regular disbursement. Al
lantic Coast Line directors also de-
clared the usual dividend. in spit
OF the depression in the cotton beig.
Otherwise the market showed n
striking feature. Professionals were
rather active in trying to fore
down prices Of the steel shares. bu'
made little hesdwsy. The oils wcr"
generally firm. with the motors
somewhat easier
Among the foreign exchange,
sterling was particularly strong.
selling up to S3.5i=- Late cables
reported the possibility OF an oD-
Grafton TO fund floating indebtednesS
to us. thus laying the basis for sta
bilizathon Of rates at higher level.
Commodity markets were withou,
feature. with the possible exception
Of covering in cotton by January
shorts.
Money renewed at :. but turned
easier with call funds in plentiful!
supply at s per cent
The Washington herald., 1920-12-17
COTTON GOODS NOW ABOUT
1902 ABOVE PREWAR LEVEL
Raw Cotton Averages A9s-Wholesale
Prices Probably Not at Bottom.

obbers complaining bitterly because
ta have reduced their accordance with the cuts made
quotations To justified
their work off their
goods before making But time these reductions will
and probably the early months OF the will
large drop in prices to the consumer.
The asked fairly whether manufacturers
bbe have reduced their accordance with the decrease the
material Probably line of commodities has
goods 1t is of interest
comparisons the price of
n finished goods -
The following table shows this for number OF standard
This table the
reached this which usually the highest price reached
the beginning the and finally the
= PRICE COMPARISON COTTON AND COTTON GOODS.
The Washington herald., 1920-12-17
COTTON SEED DROPS
In MILL RECEIPTS
Manufactured Products Also
Decline Over Last Years
Figures.

Cotton seed received at mills. eN-
GLIDING reshipments. totaled e.O44,-
641 tons from August l TO Novem-
Der 80. the census bureau announced
yesterday. For the same period in
1919. the mill receipts totaled .
4T5.672 tons.
Crushed cotton seed received at
mills totaled l,492.9le tons. as COM
rared with I.7I6.646 tons during the
1919 period.
Products manufactured were as
follows: Crude oil. 465.sl0.463 pounds
from August 1 TO November 80, 1920,
as compared with 52O.S9l,67s pounds
during the corresponding period.
1919; refined oil. 266.654.67l pounds,
as compared with 3l5.7l5.056 pounds;
cake and meal. 657.Cl6 tons, as COM
pared with 7S1.555 tons; hulls. 1885,
The Washington herald., 1920-12-17
Call Money Plentiful
At z Per Cent Rate

NEW YORK. Dec. 16. Large
amounts OF money were available
on call this morning at per cent,
and indications pointed TO a renewal
Wednesday before the day was out.
In time funds. the market was as
nominal as heretofore at 7ka7%
per cent. Prime bank acceptances
reflected a better inquiry but rates
were unchanged.
In prime mercantile paper. the
movement is slow, with a continued
minimum discount figure of pei
cent. and occasional transactions
under that figure.
The Washington herald., 1920-12-17
PHILADELPHIA PRODUCE

r. PHILADELPHIA. Pa. Dec. 16.-
Butter (close)-firm. Quotations:
fresh solid-packed creamery, fancy,
high-scoring, 56ha58hc: extra,
55kc; extra firsts. 5Sha54hc; firsts,
41a49c: seconds. 35a40c; sweet
creamery. choice to fancy, 57ha
5shc; fair to good. 46laa564se;
fancy brands of nearby nk1S ct
Eggs .(close)-steady. Quotations.
nearby -firsts,t 751say77hc dozen;
current receipts 73hc; Western ex-
ira firsts, 75ha77kc: firsts, 72ha
73Sc; fancy candled fresh eggs,
jobbing S7aSsc. and fair to choice,
79aS6c.
Cheese-Barely steady. Quota
,tions: N Y, whole milk flats, fancy,
held. 271z a2Sc; fair to good. held,
25a27c: fancy, fresh, 25a25kc; com
mon to fair, fresh. 22a24c; Long
horns, held, 2sc; fresh, 2sa2ec.
The Washington herald., 1920-12-17

readily with large investors. pro-
vidlng always they meet the pre-
vafling money market conditions,
A new issue for the purpose of
aiding the Agricultural interests
through the War Finance Corpora
ton is quite another proposition.
1t is believed here that substan-
tial aid will be given. il not at the
snort session. certainly by the new
Congress.
There was no great demand for
call money today, which opened and
renewed at per cent. Later de-
slined TO per cent. In the time
money market, indications of the
easement. which bankers here have
been predicting were given by a loa
made for six months at Z per cent.
II was reported that considerable 50
and so-day money is in the mark at
at to TX per cent. No large loans
ere reported.
The Washington herald., 1920-12-17
.IC. C. Grants Loan to
Chicaqo-Gt. Western Ry.

The Interstate Commerce Com
merce Commission announced yes
terday It had approved a government
loan Of sl.s2s.373 TO the Chicago.
Great Western Railroad Company.
Ito enable the company TO provide
itself with rebuilt freight train cars
and betterment to it's roadway and
structures"
The Washington herald., 1920-12-17

541 tons. as compared with 4To.ol4:
linters. 1926 bales. as compared
with 26S.0S4 bales; hull fiber. 2e.O2l
bales as compared with S9.235 bales.
Stocks on hand November 80:
Seed at plants totaled 5Sl,sO6 tons.
as compared with 7Se.75l tons on
November 30, 1919; crude oil, 1885,
23l.303 pounds, as compared with
l49.lS5.556 pounds; refined oil, 1885,
234.262 pounds. as compared with
l36,429,256 pounds.
The Washington herald., 1920-12-17
Roads File Motion to
Modify Courts Ruling

motion to modify the terms Of
the recent Supreme Court decree
dissolving the Lehigh Valley Rail-
road coal combine was filed with the
court yesterday by the companies
involved.
The modification asked is that the
court not require the separation OF
the Lehigh Valley Railroad and the
Delaware. Susquehanna and Schuyl-
kill Railroad. on the grounds that
this combination does not violate
the antitrust laws II was claimed
that the Lehigh Valley has supplied
the other road with motive power.
and that it could not operate IL the
separation were ordered.
The Washington herald., 1920-12-17
WALL STREET GOSSIP.

NEW YORK, Dec. 16.-There will
be a great many changes in the
personnel of corporations and banks
beginning next moth. Wall Street
is awaiting with considerable in
tsrest announcements of some of
these changes, although realizing
fully that some may not come for
six months The past twelve months
in Industrial lines have diminished
the reputation of many business
genius" This quality has not stood
up under the strain of rapidly
changing conditions as well as old
fashioned business common sense.
There are enough old = fashioned
business mes interested in corpora
tion securities to make their power
felt. Hence some unexpected
changes in corporation leadership
are in prospect.
Development of reorganization
plans for railroads usually try the
souls Of holders of their securities.
No less than twenty-five separate
committees are working on the NJ.
X. & T. plan. Just how long it will
take to reconcile the views of these
interests no man can say. 1t was
being made" the usual formula re-
peated to inquirers in railroad re-
organization circles. 1t is UNDER
stood. however. that real progress
has resulted from a series of con-
ferences recently. This does not
mean, however. that any important
announcement of a definite plan may
be expected soon.
Bankers are watching closely de-
velopments of the various finance
prospects presented to the Ways
and Means Committees of both
Houses at Washington. The, pro-
gram of Representative Mondell,
House whip, generally is receiving
APPRECIATION Abolition of the ex-
cess profits tax, scaling down of in
come surtaxes and decisive reduc-
tions in government operating ex-
penses-all are believed here to be
of the most conservative nature.
Refunding of Treasury certificates
evidently is to meet with opposi-
ton at Washington, yet bankers
here generally believe that such ac-
tion is necessary.
Revival of the War Finance Cor
poration. which had unexpended ap-
propriations of some $4,000, 900 to
its credit, brings forth diverse opin-
ions here. Secretary Houston's an
that the Treasury would
be called upon to borrow s374.o0O. 900
il the corporation is revived raises
the question of unexpended appro-
priation to the forefront of deci-
sion. II outstanding Treasury eer-
tificates of any considerable VOL
ume are to be refunded, it is be-
lIeYed here they could be placed
The Washington herald., 1920-12-17
%Allowing 100 per cent increase over Il

%Alowing cent increase 1914
These results show that with cotton only cent above the
with other
than should be possible manufacture cotton goods
their Of
show wholesale
goods above values The
of the about
the n
If calculations would
that the wholesale price OF manufactured cotton goods has
reached the bottom and that all probability further will have
to be made unless the cotton should advance
The doubt that manufacturers have high
which like
off high price possible Their against the
however will have but little weight until they their
level of replacement
Copyright Washington
The Washington herald., 1920-12-17
Per Cent Incre;
Commodity


pound In March of this cotton selling about
of
selling
the majority OF
showed much relative than
did For ginghm increased from
high of yard March of this This
of Thryegt and nehaf inch print cloths
in the carly
This increase OF s6 cent As shown by the above table
nearly all goods than cent hghe the
months of this than before the Many OF these hnsed goods
months
considerably above the As shown in the above table
of the eight commodities quoted still than cent
than before the commodity staple gnghams
higher whereas less than cent above its for
well be the higher of greater
relatively than the material
possible make calculations which will show
relation the former
7o3oIooo The of the material which
these goods of the total Wages
amounted or of the total value while the remaining
So535ooo represented profits,
other The relation between these several items OF
different As shown
assumed advanced about
have also increased probably safe
than above the
calculated
goods which in would have been worth $1,000
neS
The Washington herald., 1920-12-17

II ever we could get regularity
and uniformity of movement in
transportation many OF the ills
from which the nation suffers would
be reduced. IL not removed. A little
while back the railroads were ilood-
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
CERTIFICATES HELD,
ADDRESSES MISSING

Two of the certificates, awarded by
the state of Arkansas to the next
of kin of Faulkner men killed in the
world war, are being held until the
persons to whom they are addressed
can be found. One certificate is ad-
dressed to Mrs. Maggie Mitchell of
Conway, the next of kin of George
N. Gillian, who was killed in France
The other one is A. l. Julian as the
next of kin of James Basil Julian.
Both have been left by the American
Legion at the Log Cabin Democrat
office, and those to whom they are
addressed can secure them there.
The certificates given in the name
of the state Of Arkansas are signed
by Governor Brough and Adjt. Gen.
Lloyd England. Certificates by the
French government already have been
given to the next of kin of Faux
ner men who lost their lives in the
war
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
CONWAY WANTS GAS,
+. SAYS Mr.. WOODRUFF

Editor Log Cabin Democrat:
For one | want gas to burn in my
own home do you, ladies? If we want
gas and go after it we can get it.
Your sister has it, why not you? SO
far as | know, l will not be on this
earth after I die and while / am here
l would like to burn gas.
| am believer in advertising.
Advertising brings results, Let me
remind you of the long ago method
some ladies used for advertising.
They wanted a church in their little
village, but the money holders were
too busy to listen to them. After
they talked it over they decided to
have a load of lumber piled on the
spot where they wanted a church. For
hours every day they would take their
hammers and beat on this lumber
This is an old story, but you know
what result it would bring now in Con-
way.
Gas is real luxury. AS the ladies
are the largest beneficiaries, why
not take the first step? | will ap-
point Mrs. S. G. Smith, Mrs. 10
Frauenthal and Mrs. j. E. Little lead
ers to begin talking and planning to
get gas. | suggest you three because
you are the wives of our wealthiest
men. | don't know that you three
are the right ones, but what l want,
is to get the thing started
| will suggest a few of the many
ways of publicity. Have the Woman's
Auxiliary of the Commercial Club car
ry ads in several newspapers. | would
suggest that you put an ad in the
Gazette, Fort Smith Times-Record and
the Log Cabin Democrat, this ad:
CONWAY WANTS GAS" Have al
large advertising board, say 4x12 feet,
put on the railroad park in front of
Frauenthal & Schwarz store in plain
view of the railroad and of the store.
Have the frame one color and the
space another. Have an
artist paint the sign. Have three un-
derscored lines on each side-red,
white and blue, CONWAY WANTS
GAS! CONWAY WANTS GAS
CONWAY WANTS CAST"
Until we get gas let our slogan be
Conway Wants Gas"
B. NJ. Woodruff.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
ALL. TO AID
wharf union
DEFY CAPITAL
(By United Press)

Montreal, Canada, June 11.-Full
support of the New York longshore-
men against merchants who have rails
ed fund of 100000 to break their
strike, was pledged today by the Amer
lean Federation of Labor in annual con-
vention here. The federation pledged
all possible assistance to the long
shoremen in opposing the efforts of
capital to break down their de
termination to remain out until sat
isfactory terms are granded by en-
ployers.
The federation also promised all pos
sible assistance to the drive soon to
be launched in all cities of the United
States and Canada to have 100000
stenographers organize in affiliation
with the federation. It's executive
council will be directly in charge of
the movement.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
BECKETT MOUNTAIN.

The children's day service was
well attended Sunday. Plenty of din
ner and everybody seemed to enjoy
the occasion.
Farmers are not quite so far be-
hind with their work, as they had
the incest rain last Thursday that
we've had for a long time.
Rev. Jim Moore will preach here
next Sunday night. We are glad to
have him with US one more time.
Cotton in this section is dying.
These cool nights are hard on it.
Uncle Joe Harlin made a nice
Sunday school talk Sunday for the
children and grown folks.
June 9.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
CLAIMS CYPRESS DOES
NOT WANT STOCK LAW
n. Z. Rambo Asserts that it would be
Detr;ment to Stock Raising in
that Section.
Editor Log Cabin Democrat:

Editor Log Cabin Democrat:
Cypress township does not all want
a stock law. Mr. Hogan says we have
not any range for our stock. | think
that he just means part of Cypress
township has no range. We in the
south side of Cypress township do not
have any objection to Mr.. Hogan hav-
ing a stock law if they will take the
old Lewisburg road for line and
build a good fence. We do not want
no-fence law out this way, for we
have 1000 acres of range for every so
in cultivation. Mr.. Hogan said to
look around and see who has the most
milk and butter, and meat, the ones
that keep their stock up or the ones
that use the ranges. l will say as a
general thing the ones that used the
range. | know one family that has
meat enough to do them, that never
feed their hogs any corn at all. Our
cattle stay fat nine months in the
year on the range. We have hogs
that will weigh 300 and 400 pounds.
| was where they had no-fence
law last fall. They keep their cattle
up in the dry lot and feed them all
the year, those that could feed them,
and those that could not did not own
any cattle at all, and as soon as a
calf was six weeks old they sold it to
keep from feeding it. What is that
but a waste? Their hogs they keep
in pen and feed them until they are
large enough to make meat.
We have fine stock country here
but poor farming country, and take
our range away from us and what
would this place amount to? Mr..
Hogan, take the range away from the
people and they will pay so cents
pound for meat in few years. We
can raise few calves and have meat
and lard as long as we have a free
range at small cost. If we should
have pastures we could not raise any
stock for the market, for we would
have to dispose at all the surplus
stock to take care of what we had
to have for our own use. Give US
free range; as long as we have a good
range, so We can raise more stock
and less cotton and more feed and
food stuff.
L. F. Rambo.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
WOOSTER.

Several from here attended singing
at Spring Hill Sunday.
Some grass here now and plenty of
work.
Margaret Burnett has the humps,
but is up again.
The oat crop is looking fine here
now.
Foster Cantrell of Pinnacle Springs
was here Saturday.
We had heavy rain Thursday.
Farrar Newberry, state manager
of the w. 0. w. will be at the w. O.
". hall Friday night. All members
should be present.
Sunday school is progressinge nicely
here now.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
HANNA

We are having some nice weather
for farming.
Several of the young folks from
here attended the annual singing at
Spring Hill Sunday.
G. R. Brown and family of Enders
visited Allen Broom Sunday.
Cotton chopping is the main order
of the day.
S. c. Winters and family visited
on Beckett Mountain Sunday.
There is considerable sickness in
this vicinity, DR.. H, B. Hardy is kept
busy all the time.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
FOR COUNTY TREASURER.

The Log Cabin Democrat is authorized tc
announce J. E. WOFFORD of Cadron town
ship as a candidate for County Treasurer OF
Faulkner county, subject to the action of the
Democratic party.
The Log Cabin Democrat is authorized to
announce ]. r. GIDDENS of Eagle township
rs a candidate for County Treasurer of Faux
ner county, subject to the action of the Dem
ocratic party.
The Log Cabin Democrat is authorized to
announce ELIAS KUYKENDALL Of Clifton
township as a candidate for County Treas
urer OF Faulkner county, subject to the ac-
ton of the Democratic party.
The Log Cabin Democrat is authorized to
announce T. W. GAVIN of Eagle township
as candidate for County Treasurer of Faux
ner county subject to the action of the Dem
ocratic party.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
FOR COUNTY CLERK.

The Log Cabin Democrat is authorized to
announce G. w. A. WILSON Of Cadron town
ship q candidate for County Clerk of Faulk-
ner county. subject to the action Of the DEM
eeratie party.
The Log Cabin Democrat is authorized to
announce DR.. ]. A. HUTTO of Cadron town.
ship a. q candidate for County Clerk of
Faulkner county. subject to the action of the
Democratic party.
The Log Cabin Democrat is authorized to
announce DIR. J. NJ. MUSE of Cadron town.
ship as a candidate for County Clerk of Faulk-
ner county, subject to the action of the Dem
ocratic party.
The Log Cabin Democrat is authorized to
announce J. M. c. VAUGHTER of Cadron
township as candidate for County Clerk of
Faulkner county, subject to the action of the
Democratic party.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
HOW ANY GIRL CAN
HAVE PRETTY EYES

No girl or woman is pretty if her
eyes are red, strained or have dark
rings. Simple witchhazel, camphor,
hydrastis, ETC., as mixed in Lavoptik
eye wash, vii brighten the eyes and
weeks use will surprise you with
its QUICK results. Regular use of
Lavoptik keeps the eyes healthy,
sparkling and vivacious. The quick
change will please you. Dainty alum
mum eye cup FREE. Howard Terry,
druggist
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
FOR COUNTY JUDGE.

The Log Cabin Democrat is authorized to
announce JOHN w. HOLT of Cadron town.
ship as candidate for County Judge of
Faulkner county. subject to the action of the
Democratic party.
The Log Cabin Democrat is authorized to
announce MARVIN E. CONNELL of Newton
township as candidate for County Judge of
Democratic party.
The Log Cabin Democrat is authorized to
announce E. l.. SMITH of Walker township
as a candidate for County Judge of Faulkner
county subject to the action of the Demo-
cratic party.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
r. A. NJ. DEGREE.

c. c. Green of Clarksville, DIR. ].
A. Summers of Mayflower and j.
Hugh Pence of Conway were exalted
to the Royal Arch degree of the Royal
Arch Masons, at special meeting Of
Conway chapter No. 80, on Thursday
night. A large attendance of Masons
witnessed the ceremonies, which were
followed by refreshments.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
339 NEW ENROLMENT
AT NORMAL SESSION

To noon today, total of 339 stu
dents had enrolled for the summer
term at the Arkansas State Normal
School. This was gain of SO students
since last Tuesday, when the total en-
roilment was announced at 300.
Other students are expected to enroll
today, which will dose the first week
of the term.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
KANSAS CITY LIVESTOCK.

Kansas City, June 11.-Cattle: re-
ceipts 1000, market strong, native
steers s12 to $3.50, cows and heifers
1918 to SIC. Hogs: receipts 1900,
market 10 to Is cents higher, bulk
sales $14.25 to $14.75, heavy $14 to
$14.50.
The log cabin Democrat. [volume] (Conway, Ark.) 1908-current, 1920-06-11
Legal Blanks for sale at this Office.
FOR TAX ASSESSOR.

The Log Cabin Democrat is authorized to
announce JAMES S. JOHNSON Of Cadron
township a candidate for Tax Assessor of
Faulkner county, subject TO the action of the
Faulkner county, subject to the action of the
Democratic party.