davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
FARMERS PLANNING
|. SPECULATION CURB
American Federation to Con-
slider Establishment Of
Selling Agencies
TO DEAL WITH CONSUMERS

Chicago, July 13.--Plans for farm
,ers' national selling agencies for grain
and livestock, with q view toward curb
ing speculation and violent market fiuc-
tuations. will be considered at meeting
here July % and "a of the American
Farm Bureau Federation. a farmers
organization, with upward Of 1, ,250, 900
members in thirty two states.
According to J. w. Coverdale, secre-
tary of the federation, this meeting
promises to be the greatest conference on
co operative marketing of farm prod
ucts ever held in the United States.
Grain and livestock interests are to
meet IN separate sessions.
''If uniform plans of Cooperative
marketing result from this conference
and are generally adopted by farmers, a
material reduction in the cost OF living,
together with a stabilization Of prices,
should ensue," says the Farm Bureau
Federation, in statement on the con-
ference. n-
"Starting with the organization Of CO.
operative grain elevators by farmers
some twenty years ago, the idea OF CO
operative marketing has spread rapidly
among farmers, particularly during re-
cent years, and with notable success in
many other farm products. It Is esti-
mated that during the fiscal year ending
June 80, 1910. farm products to the
value of more than 81, SOC, ,000, 900 were
marketed through farmers CO. operative
associations.
"There are now more than 1000 CO.
operative elevators In the grain growing
regions of the country, and last year
more than half the nations grain was
handled by them. Illinois alone has $40
farmers elevator organizations oper-
ating 700 elevators at 600 different rail :.
road stations. Last year they handled
approximately 20 per cent Of all the Hi
nois grain, or about $50 600 900 bushels,
at an estimated saving of more than
SO 900, 900. In Minnesota by far the
greater portion Of the livestock is mar
keted co operatively, and this Is also
done extensively in many other states.
Last year a large portion Of the wool
clip was marketed -operatively
through wool POOLS which collected
and graded the wool and sold 1t directly
to the mills.
"What the farmers now propose To
do is to strengthen their local organiza :
tions so as to be able to market their
products gradually throughout the year,
and to follow these products a little
farther down the devious road which
leads to the consumer. In the case OF
grain it is proposed to ship much OF
the crop direct from the country ele-
vators to the consumers and distributors
thus eliminating full one third of the
present railroad handling of grain"
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
BANKERS JUB|LANT
OVER CROP REPORT
Fear Expressed, However, That
America May Lose Supremacy
In Cotton Production

"Every one is jubilant over the re-
cent crop reports, and they have a
r;ght to feel that way" said banker.
Int, he remarked, that It seemed to him
that there is one very important crop
s-at had been overlooked, and he be :
lieyed 1t wouiG be discovered later on
That there will be shortage of cotton.
America, he said. has practically the
monopoly of this crop, but when the
cotton spinners of the rest of the world
their supply, find that supply short,
rather than pay exhorbitant prices or
20 on short rations. And. he said, it
has been found that there are several
other countries that can raise good cot
ton, All they want is little ex-
nerience, which always costs something,
but a higher price always stimulates
8 trial.
Our own consumption Of cotton, he
remarked, has been increasing in recent
Years till now 1t is almost 20 per cent
Of our production, and this. taken in
conjunction with the fact that our Iro-
duction has been falling off somewhat,
creates situation worth something
more than merely looking into. Tnerc
are new uses being constantly brought
out for cotton and one Of the more re
cent has reached stupendous proper :
tions, he said, namely, the manu-
facture Of automobile tires.
Then one must remember that cotton
q being substituted largely for linen
since the war practically put a stop
TO the fax industry, from which linen
Is made, in those countries in Europe
known as fax growing countries, and
which included large tracts OF ftussia'
Belgium and Great Britain.
This banker said in n recent trip
South, which took him into some OF the
cotton growing districts, he found that
The cotton farmers were not putting sc
much land under cotton as fornitrly
pnd we're raising diversified crops and
larger quantities of cattle. He said his
observations led him to conclude tha'
the government should take the matter
I'M and conduct experiments with view
Of raising more cotton to the acre.
A, Luther Burbank should be able
he said, to solve the problem ana iea''
America in possession OF this up-to'
the present undisputed field.
The bond business is booming In TINS
city, according to reports from the
various banking and investment houses
Asked how he accounted for it, q
banker said there IS only one answer
and that ig there must be plenty .oi
money in investors hands looking fol
investment.
He said his mall this morning con
tanned one letter after another all to the
same effect. One said: ~ have $4,000.
recommend some good. investment
Another was for $4,000; another $40,
600, etc. A house has to be in busi
ness, he remarked, twenty years to have
the confidence of its customers to such
an extent, but he had never before ex
perienced such market for investment
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
BIBLE SCHOOLS TO PICNIC
Fine Program Arranged for Gather.
Ing at PItman Tomorrow

Pitman. N. j., July 13.-Forty Sun
day schools from all parts of the county
are expected here tomorrow for the
annual outing of the Gloucester County
Sunday School Association. Officers of
the State Sunday School Association
will attend the outing and speak at a
mass meeting during the afternoon.
Teams representing the various Sun
day schools will compete for honors In
big program of water and field sports.
The water sports will be in the morn
ing in Alcyon lake and will include
swimming races. diving, tub races and
other sports. In sthe afternoon there
will be foot races, obstacle races. tugs
of war and other events. Silver loving
cups will be awarded to the schools
with winning teams.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13

The above is not the case with one or
Two concerns, but the same story Is
repeated over and over.
When discussing this condition.
banker remarked that there is no way
OF arriving at even an approximation of
the amount Of money available for in
vestment In the country at present. We
can only point to the speedy absorption
OF S6O ,OOO,O 900 Armour & Go. notes on
one day last week and $25, 900, 900
Swiss > per cent bonds in a few hours
on another day. And, he added. those
Swiss bonds are selling today at a
premium of 2 points, and no one knows
where they may. go. Belgian bonds are
also seelling higher.
There is, of course, to be taken into
consideration the huge sums paid by the
government on Liberty Bond coupons,
for which an outlet must be found.
Then we are paying 10 American in
vestors more than $500. 900, 900 each
year since the war in interest and divi-
dends on securities now held here, but
formerly owned abroad.
Our industries, especially oils, steel
and equipments, are paying special
dividends In addition to the regular diyi-
dends and. although there have been
strikes and other matters to interfere
with the constant operation of our in :
dustries, he said, he expects this year
will show up in the matter of earnings
and profits as good, IL not better, than
some of our best years. (
II wonder does any one realize what
1t means to this country at the present
time to have the transportation system
in the tangled up condition in which IL
is,' said broker when speaking of the
shutting down of manufactures in
whole or In part because of the lack of
proper transportation facilities.
He said 1t seemed to him that warn
ing had been sounded 80 long ago that
| there seemed to be no occasion, for the
present muddle. The only wonder, he
said, was that business is not in n
worse condition than il Is, and he was
| inclined to think that, were it NOT for
the motortruck, matters would be much
| worse.
People are clamoring against the
high cost of living, and rightly SO. he
| said, but If they knew to what extent
the failure of our transportation system
is accountable for it there would be a
revolution. There are thousands of tons
OF commodities ready for consumption
which cannot be moved for want OF
cars, and till these are sold the money
which was borrowed to purchase them
cannot be replaced, thus tieing up the
credit situation. Workers are idle be
cause the material with which they
work is piled up waiting for cars, just
as the finished product is.
To make matters worse, the harvests
1 l..
but a great deal of the old grain of last
year held over for lack of transporta
ton must be moved first. Meantim,
the farmers who had borrowed on theil
old grain need additional financing fol
:, the new crop and must have it.
In view of all this, he said, It is fool
ish to expect cheap money this fall ant
winter. The world knows this, he said
and is paying high prices now, no,
trusting to what may be a higher money
market later.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
CAR SHORTAGE HITS
/. PH|LA. INDUSTRIES
Goods Pi!ing Up and Orders Be-
ing Cancelled Because Of
Poor Transportation
RAILROADS BLAME U. S.

A transportation tie-up is threaten
ing huge losses to Philadelphia manu-
facture by preventing them from max
ing. deliveries and getting materials.
Some shippers say not 80 per cent of
the cars needed are available.
Inc railroads say equipment returned
to them by the government, com
mandeered during the war, Is badly In
need OF repair and that hundreds OF
cars now lie idle until these repairs can
be made.
Orders Being Cancelled
Meantime jobbers are canceling or =
ders. work in the coal industry is
slackening, the wooden and worsted
yarns industry are in critical condi-
tion, with orders being Cancelled, and
even cigar manufacturers are complain
ing about the poor deliveries. .
The Federal Reserve Bank of Phil
adelphia issued statement summarize
ing the situation:
Conditions in Pennsylvania have
been deplorable," the bank says, ''tht
car supply being as low as 10 per cent
in one week and at present is. moi
averaging 80 per cent"
Camden also is affected. The Victor
Talking Machine Co., OF Camden, /.
experiencing difficulty in moving 1t,
products.
Conditions Are Surveyed
,, A survey by the PHILADELPHIA Cham
ber of Commerce through its transpor
tation committee gives the followin,
synopsis Of conditions:
Coal--Demand active; unable to sup
ply; labor situation improving; trans
portaticn very poor.
Iron and steel-Demand good; un.
able to supply; labor situation fair
transportation poor.
Cotton yarns-Inactive demand; abl,
to supply; labor situation satisfactory
transportation poor.
Cotton goods-Inactive demand; abl,
to supply; labor satisfactory; trans
portation poor.
Wool-Little demand; able to SUP
ply; labor satisfactory; transportation
poor.
Woolen yarns-I.ittle demand; abl
to supply; labor satisfactory; transpor
tation poor.
Silk-Quiet demand; able to supply
labor satisfactory; transportation poor.
Knit goods-No demand able to sup
ply; transportation poor.
Mems clothing-Fair demand; abl
to supply; labor improving; transporta
tion poor.
Shirts-Active demand; able to sup
ply; labor situation unsatisfactory
transportation poor.
Hides-Little demand; able to sup
ply; labor satisfactory; transportation
poor.
Leather-Little demand able to sup
ply; labor satisfactory; transportation
poor.
Shoe-Quiet demand; able to supply
labor satisfactory; transportation poor.
Lumber-Quiet demand; able to sup
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
125,OOO Class A Shares
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Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13

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Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
Alleged Liquor Dealers Arrested

Paulsboro, N. j., July 13.-Charged
as being the proprietor of two alleged
speakeasies, which were raided here a
few days ago, Joseph Nartasio and Ga
this morning by J. Mattson, chief Of
police. They were given a hearing be-
fore Magistrate Vanneman. who held
them each under 5000. bail for their
appearance before the Gloucester county
grand jury.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
Bow Hurt hy Auto

While riding tricycle. in front of his
home, 272S North Garnet street. yes
terday afternoon, ten year old Martin
Mccormick ran into an automobile
was taken to the Women's Homeo-
pathic Hospital.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
To Seek Bryan for "orys'" Ticket

Omaha, July 13.-Elmer E. Thomas.
of Omaha, n strong Bryan lieutenant
of years standing and an alternate
delegate at large from Nebraska to the
Democratic National Convention, yes
terday bolted the Democratic ticket and
announced that he would do his utmost
to induce William Jennings Bryan to
accept the nomination of the Prohibi-
tionists
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
Woman ScaIded by Coffee

While prparing breakfast today in
her home, so Moore street, Mary
Grubb, forty years old, was scalded
about the neck, face and body by hot
coffee. She was taken to the Methodist
Hospital and is reported in serious
condition.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
$1,OOO,OOO
Rainey-Wood Coke Co.
7lz Per Cent Equipment Trust Gold Notes
Guaranteed Jointly and seDeraly to both principal
by Alan Wood Iron & Steel Company and w. j. Raj


fraction rprd Not than all
at If IS
of
IN
York.
The o vanS StstFo Tax
anyF ederaIn ncome a to 2pern
of
$10OO0 In addition they will
G. Steel Company and by W. J. Raney
ISSUE The RneyWood
corporation and efficient bouc coke situated
blast
Steel Company the suy River about sixteen miles from Philadelphia
bypoduct plants The Coke Company purchasing these
enable solid Connelsvie
rod by W. Rne Inc to its plant order the Company
supply of coal for operation.
companies officially reported to
$245OOOOO
EARNINGS Combined earnings from the properties Of the
according official Net the RaineyWood Coke
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-13
The New England Trust Company
rpIICrEe'

JAMES r. HOOPER. President.
Dston, Mass July 2, 1920
The Washington herald., 1920-12-29
Ambulance Calls Point
To Need for Insurance

Accustomed as even New Yo-kers
are to the clang of the aSbrlance
bell on the city streets, few persons
would venture the estimate that
there is an ambulance call every
five minutes in New York City, says
the Insurance P$ess.
This statement was recently pub
lished on the high authority Of the
United Hospital Fund, which re-
ported that there are 298 ambulance
calls made every day. which is at
the rate of one call for every fve
minutes in twenty-four hours.
By reason of the fact that ambu-
lances are called much more fire.
quently during the daytime than
during the might, it may be safely
reckoned that during the active Pc
riod Of the day an ambulance is
called once in every three minutes.
Although sickness unquestionably
claims a considerable part of the
service, it is instructive to associ-
ate ambulances and accidents, for
presumably the chief ministration
Of these busy mobile hospitals Is
the relief of the injured.
Accordingly, when a solicitor for
accident insurance informs a pros
pect that an ambulance Is called
to service in New York City every
FIVE minutes he has presented a
compressed, condeAsed and subli-
mated argament or, in golfers
Latin. he has multumed in paryo."
The Washington herald., 1920-12-29
ASSOCIATIONS BIG POWER
IN REGULATING STANDARDS

Arthur e. Childs. president OF the
Columbian National Life and the
president of the International Asso-
citation of Casualty and Surety
Agents. in his recent annual ad-
dress at the White Sulphur Springs
convention spoke on the impor-
tance of agents, as follows:
Insurance is not merely a means
of protection. 1t is protection plus
service. The insurance provides
both protection and service. The
agent is the councillor upon whom
the public should depend for advice
on insurance matters and tho one
who guides their interests after
they become policyholders. With
out well-trained agent the pro-
lection granted or service rendered
to policyholders cannot be COM
plete.
THE public is densely ignorant
on the matter of proper insurance
coverage. The great majority Of
insurers depend upon the agent.
What the agent advises is generally
accepted as final. The insurance
agent is indispensable.
THE agents association possesses
great power for accomplishing re-
form in establishing standard re-
quirements for those who seek to
enter the insurance business. 1t is
for them to devise a way whereby
the worthy part time agent can de-
velop. and at the same time keep
out of the business those who seek
a license to write a few risks or
The Washington herald., 1920-12-29
FEW MEN PURCHASE
ENOUGH INSURANCE

Few men are carrying anything
like the amount of protection they
need, said a prominent insurance
man This Is especially true during
that period of years when children
are being brought up and educated.
In the case of the young unmarried
man, he should first be sold the idea
that he will be married. Then he
should be sold an amount of insur-
ance to replace the income of which
his family would be deprived in case
Of his DEATH Keep the idea of maxi
mum protection before him. Even
IL II later turns out that he does
not marry. you have sold him the
most useful and flexible contract
that Is issued. Whatever circum-
stances may arise in the future, his
Ordinary Life contract can be ad-
Iusted to meet them
The Washington herald., 1920-12-29
MKA AINSURANCE ACTIVITIESM MXM
49, =1ndus1ia-Accdent Nx4zT

sumption. as IL Is generally called.
there was an Improvement among
policy holders OF 2s per cent over
the improvement in the general pop
ulation. Deaths from typhoid fever
showed an Improvement OF S3~per
eral population. There was a great
er Improvement among the little
children from diseases such as mea-
cent more than among the gen
sles. scarlet fever. whooping cough
and diphtheris. Of 3s per cent. as
compared with the general run OF
the population
The Washington herald., 1920-12-29
MORTALITY OF POLICY
HOLDERS LOWERED

In a great many parts Of the
country the law makes IT neces-
sary for mortality records to be
kept. and the death rate OF the
general population between 1911 and
1917 increased 1 per cent. But the
death rate among holders OF Met
ropolitan Industrial policies de-
creased is per cent. From such q
disease as tuberculosis. or con-
The Washington herald., 1920-12-29

to avoid the penalty of a rebate.
Their influence, il properly direct
ed in conjunction with the insur-
ance companies and insurance COM
missioners, will establish the nee
essary standards needed to protect
properly the insurer from the un-
trained, shiftless type of agents
who injure the whole insurance
structure"
The Washington herald., 1920-12-29
Conditions NOID Good
For Risk Statesmen

ITO say that hard times might
have rewards for a life insurance
salesman doesn't sound so bad. after
ALL" says II. N. Levy. The busi-
ness world Is at present marking
time, the stock market is rolling
prices down hill, folks are won
dering what it's all about and are
themselves inclined to mark time.
This is the time to bring to the
attention of all that side of life
which, in their rush towards the
top. they're so apt to forget.
When money is tight and Mr.
Business Mans line of credit is cur
tanned. he is apt to consider very
seriously a matter which will safe
guard his interests, protect his
banker, and his family and his good
name.
That's just the time when you
can make the business man see
where a few additional per cent will
give him all that ease Of mind, that
sweet sleep at night that every
honest business man wants.
Insurance to protect his busi-
mes; insurance to provide for his
family against all losses due to hard
times, will get you a favorable
hearing. So, go ahead, folks, and
reap the rewards"
hxr
The Washington herald., 1920-12-29
BIG CALL FOR
LOAN POLICIES
Investment Insurance Proves
Attractive to Young
People.

There is an increasing demand for
endowment policies containing
enough of an investment feature 60
make provision for the insured's s
own old age as well as provide pro-
lection for his dependents in event
of his untimely death.
They prove especially attractive
among younger applicants who are
as yet not financially able to pay
premiums on the twenty-year ana
shorter term endowments.
These long term endowments have
all the features found in endow-
ment policies, and paid-up life in
surance options available at ma
turity furnish a means through the
life income annuity option of pro-
viding a guaranteed income for the
remainder of the insured's lifetime.
The adaptability OF these con-
tracts to the possible. changing needs
of the insured is in harmony with
the practice of the companies IN
nDking all policy forms as flexible
as possible.
At the age of IS. policy for S10,-
900 costs $373.40 a year. In case of
death at any time It pays $4,000.
In case of accidental death 100000.
II the dAANC aN o6C
of so, $4,000 is paid to him person
ally at that time. II at any time
the insured should become totally
disabled, from any cause, illness or
accident, the payment of all further
premiums is Cancelled. paid-up pol
icy issued for $4,000 Iand, in addi-
ton. 800 a month income paid to
the insured for life.
Loans may be obtained any year
at low rate of interest as follows:
Sd year ..-.-.-..... seSO
oth year. .......... .l'fzV
10th year. 3,OSo
intermediate years in same pro-
portion.
Extension of time in payment of
premiums without affecting the
amount of the policy in case Of
death will be granted as follows:
After the I'd year for years.
After the Sd year for years.
After the 5th year for IL years.
After the 10th year for Is years.
Larger or smaller policies may be
purchased in the same proportionate
figures. The above is a model life
insurance contract where protection
is needed both for a mans family
and himself when he reaches an age
where his earning capacity is be-
ginning to decrease.
The Washington herald., 1920-12-29

We are inspired by our success
instructed by our failures. Both
educate, when taken right.
The Washington herald., 1920-12-29

of life insurance" declared A. f.
Nicholson of the Bankers Life, "and
I want to see some of you fellows.
both in NJ agency and some others
here buckle down and do some man
size labor once in producing busi-
ness. Business can be written right
now, and is being written. by The
hard workers. and il you or I don't
get his share it's the fault of the
man himself. nobody else is to
blame"
The Washington herald., 1920-12-29

IF every life insurance man in the
land were broke and hungry, to-
morrow would see the biggest num-
ber of apps roll in in the history