davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25

LOCAL MARKET EXTREMET Y !
. DULL, SOFT IN FEW Spnre
General Asphalt Preferred Dropped $6-Frcsh Iiou;s.
in Electric Storage Battery =. ''":''"'A

There were several developments IN
connection with the money. market,
which served to cause the local market
community to take more notice of the
credit situation. These DEVELOPMENTS
had the effect to bring the trading in
terests, and others as well, face TO face
with the acute conditions prevailing.
The first OF these events was the nc
tion of the directors Of the Federal Re-
serve Bank of Philadelphia in increas-
ing the loaning rate on loans and dis
counts secured by treasury certificates
of indebtedness, all maturities. from Az
to per cent. No other changes in
discounts were made. The other was
the significant. stifening Of rates on
tation for such paper had been @ per
cent, which with commissions .gss
@uivalent to 61s TO Gs3 per cent, The
rate today on similar paper was re-
ported at 6s4 to per cent. 49,.
IT has been generally known outside
OF their own clients the banks were
practically. out. of the market for the
commercial paper. Every effort is made
to meet the requirements of the regular
customers, but in so far as possible, all
renewals are reduced. In other words,
the loaning institutions are surprising
only absolute needs of commercial and
business interests and. entirely elm
mating anything having the slightest
.savoriug of speculation. -. .'' :T'.'
Marketwise there was no discernible
effect other than a further curtailins
of operations. Extreme dullness pre- :
vailed throughout most of the session.
Some weak spots developed which,
however, were without local signific-
l.. a..
declining periods the market for the
be extremely thin. General Asphalt
preferred on single transaction
dropped SO from the previous sale to
1874. This, however, was a case of
bringing the local quotation In closer
parity with the ruling price on the New
York curb.
Inc stitfer money rates unqueStion-
ably answered for the renewal liquida.
tion in Electric Storage Battery, which
carried Che stock down TO 1O9H, a de-
cline of $3.50. This, however, is $40
above the low mark made in previous
break several weeks ago.
The Insurance Co. of North America
warrants were again on tap and freely
supplied. causing further drop of over
81 to IA, which also was new local
record. The stock on smaller traus.
actions declined 80 cents to 29lh. The
weakness of Pennsylvania Railroad, Le-
high Valley and Midvale Steel were
merely reflections of the declining move =.
lncnt in the New York market.
Most of the purely local stocks stood
! ny well. American Stores continued to
display exceptional strength, scoring a
substantial fractional advance. Phia-
delphia Rapid Transit was heavy. drop.
Ling back to 90, or 75 cents under last
nights closing quotation. Philadelphia
Electric shaded slightly under par. but
had good support. Little was done in
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25
COTTON PRICES REACT
FROM 25T0 30 POINTS
Weak Stock Market and Falling
OH in Demand From Shorts
Induce Weakness

New York. Fob. GA falling of in
the demand from shorts, the trade and
from Liverpool, combined with the
weakness Of stocks led to reactiopary
price movement in the early afternoon.
with most months off from IS to 90
points from the earlier high levels.
The South has been II moderate seller
on the advance today and offerings
from this quarter seemed TO increase
on scolc up.
Exports, reported to-9:Ij. o'clock,
aggregated. 1896 bales, Including Is, ,
696 bales TO Great Britain and 700 TO
the continent. Total exports thus far
for the season have been 4 ,21S 800
bales, compared with 2,s7S ,07S bales
for the corresponding period last
season.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25
MONEY GOES Up,
STOCKS DOWNWARD
Many Reasons Accounted Amply
for the Hardening Of
Loaning Rates
BEARS IN THE SADDLE

New Work.. Feb. @5.-ThC New York
Evoning Suu's closing financial review
today says:
Wall street has again lapsed into a
state Of mind which the bear traders
have not been slow TO seize upon to
work prices of stocks lower. This may
be- only n temporary alteration, neither
as broad in its conCeutric circles OF
influence nor as deep seated as TO cause
as was evidenced in the late period %
depression.
Those who have wrapped themselves
70 the eyes in the black cloak Of de-
spondency and decline tho attempt to
pcuptratc the clouds for such lining OF
silver as there may be, have become
disproportionately numerous. The re-
su!t has been and still is harvest TOR
the confirmed bears and virtual with
drawul Of a proverbially timid public
from the market.
Trading today was, IN TACT. almost
wholly professional. Depression was
present at the opening and, while there
were Intervals of StiffCuing. they re-
hcrtCd considerably less than hall
hearted CONVICTION.
Losses were not dS extensive a. yes q,
torday, but such as they werc-l 70 =
noints or morc--they involved indus
trials and rails alike. There was per
haps somewhat more of resiliency As
we'll as Of resistance 70 pressure. Dut
tho whole performance was SlnguIarI|
uninspiring.
The financial situation was tho rulng
tactor. Can loans renewed Nt ner
cent for tho first tim" in w"'N or So
ard II was not louG after Oh" m"u"}
market uIruCd that the rat" i"r ir"'N
.a.nr.moiaticn advanced 10 20" cent
aud in the afternoon to 10 per cent.
Tho approach Of the March obuga.
lions. To be followed closely ny icdrra
and state tax payments. hssoclNt"d Win
the low ebb of the volume OF govern
mcnt deposits remaining in the banks
accounted amply for the hardening tcn'
dency in that quarter.
Want of material reduction in com
mercial borrowings and the absence OF
other indications Of positive corrective
to credit imitation have served TO add
10 the prevailing uuCaslness. \ care
tlI study Of tho Federal Reserve Board
bulletin aud notice that tho peace
treaty viii be brought before tho Scu.
ate on Thursday and kept there until
acted upon should be ronstrurtivc in
+ucuccs, which, it !, conceivable. may
turn the tide Of pcsSimism,
Meanwhile the professional bears
have things much their own way. Al
though tho railroad bill may be delayed
for u few days in receiving the Presi e
dents signature, tho temper OF the
street has been rather too easily i'm
roscd upon by tho attitude ot labor and
the petition to the Whit" House for n
vrtonG of the uouSur".
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25
FURTHER HEAVY SELLING
OF SPECULATIVE ISSUES
lacking Of the Call Loan Rate IS Per Cent Broush, Credit
Situation in Limetght

eral Motors, Mexican and Pan. Ameri-
can Petrolcums and Atlantic Gulf and
West Indies. Specialt,es Of various dis
criptioDs, notably American Woolen'
Eudicott johnson aud Industrial Alec.
hol also broke sharply. Losses in these
groups ranged from . TO over q points.
Republic Iron aud. Steel was heavily
pressed for sale at the opening as
result of the publication of the earn.
ing statement for 1919. which showed
but 81 ~ share on the common
stock This showing, however, should
have caused little surprise. MS 1t was
in line with predictions made for week
or more Of the company failing to earn
the dividends paid out of earnings OF
1919. Little attention was paid to the
balance sheet. which showed n surplus
after deducting the deficit and meeting
dividend requirements more than equal
to the par value of the common stock.
The reaction seemed to CXpcnd its
force in the first half hour, the mar
ket settling down to comparative dull :
ness. 4 few prominent iudustrials and
low. priced rails made full recovery. In
the main, however. prices lowered near
lowest levels. pending publication Of the
first quotation for money.
Announcement that the local Federal
Reserve board was in session aud nn
advance in call money to per cent
caused further price recessions at mid.
day. Stcels and equipments were
among thl shares most affected by fur.
thCr pressure, but no part of the list
was exempt.
Declines were extended In all dircc
tions in the final hour, the further
shrinkagc hcing concurrent with call
moneys continued rise TO 10 per cent,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25

United Gns Improvement. but ,vo ,..
was firm at o.. Lake Superior e. co.n.. price
ation also. was neglected and was 'rU,' ~s
changed at l?h. Bond dealings C, eon,iu su
ued very limited, with lower pricos
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25
FOREIGN EXCHANGE

New York, Feb. 2J,-The foreign cX-
change market opened up slightly over
IN" close Of last night In the carly
market the dealings became irregular
however, tho allied exchanges easing on
tra"tioNn'ly.
Quoja'ioL. Wrc: Demand stor,inG
. 10. cable 3. iO"I franc cables 500.
chr"k- TOO; lire cables $50, checks
1927: Swiss cables SIS, checks $50;
RcIgian cables 1880, checks 1899;
guldcry cables 37is, checks 81 pesc-
"a, cables 17.'n. checks l7.40; Stock
holm cables $50, checks lS.ij Chris
tiunia cables l7.20. checks 1908; Co.
rcnhugen cables li05, checks li.S0;
marks .06
During the carly afternoon the for
cigu exchange market held quiet, with
tho allied cNchauGct ui,o holding quiet
and steady. Demand sterling was
quoted at = 1Olt aud cables at 2. II
Trancy held we'll az 1907 for cables aud
- % for checks, while lire was quoted
az Is. 10 for cables and 1872 for checks.
Marks sold for LOG.
Yesterdays Final Quotations
Sterling France Lire GuIders
PsSss PsSe9a s5s. s5s t5 5 1873 1873 SS SS iS:IS iS:i$
TodNy's Opening Quotations
S'orng Fran Lire Gunders
cables. ..... 3.4OT i4o7 ls25 3T's
Noon Quotations
sterling Frrnc Lire GuilderH
n,Gsod T.T2:s ... ar s.G' ltSs iltSs SO SO
CLOSING Quotations
Esgi::,,.... R;T.2e ''ii$Ii' 'Sii$Ii' i.$: i:i; ''"S 4"
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25

Total sales, 6j93 sharcs compared with
5000 shares yestcrda", Thus far this week,
1886 shares. Sam period last week, IL
TOI
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25

PHILADELPHIA--Call, 6 per cent ;
time, 8 per cent; commercial paper,
three TO six months, q per cent.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25

CHICAGO. Feb. 25.--A good deal Of
irrcguIurity attended the trading in corn
today. Tho start was mixed, May and
July ranging downward, while Septem.
bcr was steady. Local operators sold
at the outset. but withdrew immediate.
" when demand developed through
commission houses.
Tho initial losses were recovered
quickly. May, later, showed the most
strength because Of changing operation,
many commission concerns having May
to buy and July TO sell. Offerings of th"
distant positions became liberal on
bulges, but there was support on dips
The cash article was stronger, and
there was concern among some bears
over the maintenance of fancy Drem-
'ums. particularly as the period for &c.
cumulatiou is passing rapidly.
Receipts were disappointing. with the
breaking up of roads in the country i'm
minent.
Oats were also irregular. Commis-
sion houses executed resting orders to
soil on all rallies. and th"ro was profit
taking by timid longs. Tho cash arti-
clc held wei.
Receipts worc jsRt, with stock, dc.
crcasinG.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25
Negotiating old Dominion La, a.,

> ~ oohl'nIon Line AL.
Now York, Feb. 25.--sale Of u. '.'s ~
Dominion Steamship Co.. or .tbs Ivy, v'a
OF the company, now held bv y,r.', IVY,
rail lines, was reported here tojar eefsrsl p,'s
chasers'of the stock arc said toibs ,,usr nur.
those now heavily interested IN s"Vas n.
Clyde. Mallory and other cns,. u 9e
lines. AZ the Office Of the Old pn,siswIl.se psiwlse
Line. il was said that the sste n.uion ~.
yet made, but It was admitted AZ tSs not
gotiations TO that end we've nnSss s. ne
The Old Dominion Line, orsrstsn*sy, *sy,
tween New York and Atlanti. @,
ports, owns and controls q largo a.,y,as,! .yas!
steamers. five Of which ore S,sS.d u.st q
and freight vessels of moro tban tbSesss, nnsr
tons each, In addition to barres taN I
etc. >'' 'up,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25
IRREGULARITY MARKS
TRADING IN CORN PIT
Initial Losses Quickly Recov-
ered-Cash Article Strong.
Profit Taking in Oats

GRAIN BELT WEATHER FORECAST
Chicago, Feb. 25-Ilinots. Missouri
tota-PartlY cloudy tonight and Thursda:.
Wisconsn--Partly cloudy tonight, colder
Thursday: generally fair. South Dakota,
Nebraska. Montana and "yOmins-Gen-
orally fair tonight and Thursday,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25
LIVESTOCK QUOTATIONS

Chicago, Feb. % --HOGS--Receipts, Ii 600
heal. Higher Bulk. 3.o0qIi.6O; top,
Nt,sO; heavy. Sl3 3e69l4.25; medium. Sl4l5
Q160i light. sl4.503l4soi light lights,
GAc5Gi475; heavy packing sows, smooth
il24oGl3; packing sows, rough, n"4
1910; piEs, l3259i46o.
CATTLE-Reecipts. 5000 head. steady,
Beef steers medium and heavy. choice and
prime. ,i3,T5d 10; msdiYmn and good, 'll."@
choice. sll 8Ou 1870; common and medium
dd% SHSSIf f4' cannefs SfT' md Sa
tors t6aB 80; veal calves. sl5ml6.2S; food
e. steers. '7.5od 90: stockor steers. 1913
SaEErRsSsg,s e so 1900 head "a o5%ag s,Ssag
s%ss MEDIUM sSs 5000 sHa ana GoE. ehoe
ill,269t 90 culls and common. 'e1 us,
e.,E E sss5S g. aT: s: Iu E.S.; E;S :'a8osT sa2
i,s6 III iisS, sitsS gi5: iisSt iisSts' :!t'$s
ql2 80; pacstnE so"s' rough 'iiT5a l"."5
Beef pt.ers tr moiiGm' aud 6eaTS, ehoicc a"I
,SSl ID Ill., s ss$on s$ s%a
medium, tg.5edil,76 butcher cattle helf,
ers' ,L26gl5,5o; COWS, 81 ?5alo,6oi ,ean,
and and SsSds @ welsht a$ii7 7S; feeder s,esrs, ,
81; 51s 81; so; stoCssr steers. i7aa 1859
Lambs ,Ii75 q 20, so; culls and common,
1ia,6o0i7.5o; yearling wetheTs, sib8is,5O
ewes, medium ana choice, il0di3,25; Culs
| and common. i6G9,
| Receipts, ibO head stead. Culves-Re
csLnts, 100 head, Fifty cents higher at 81
HoGs-Reccpts, 37Oo head. Tw,nt- t-nvc
mixed, SIS 2S q Il, % yor%ers. SIS 80 q IL. Is
rOyghs: ii2 a L; 50; ,sisss; $50 10 .a..
90 rs; others unchanged
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25
Reserve Banks Discount Rates

The frSt column gives rate tor all
reriods up tc and including Il fifteen.
day maturity. the second for period Of
sixteen to ninety days, The third and
fourth columns give the rates for dis
counts for collateral loans secured by
governments bonds or notes.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-25
BANK CLEARINGS
New York Metal Market

New York. FEB. s--Copper-spot. Feb
rusrv snS March, offered. lou :; April, Of
tered. isA q May and June. offered, ish E:
March. offered. oSr. Market firm, Spsltsr
Fast st. Loris-Aii months, s76h ro'cec
Market steady.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02
STAR THEATRE TONIGHT
AND TOMORROW

2 Y Comedy entitled He Laughs
Last" and Al. Jennings in When Out
laws Meet" e1-2
Do you exepct TO get rich on a
salary
Do you know anybody who ever did
set rich on q salary
Don't you know that investment IS
your only hope
And don't you know that land invest
ment Is your only certainty
PROSPERITY IS THE THING
GET A LOT
an Offering lots IN the FORSYTH
Water Gardens, at prices as low as so
years ago. Prices advance September
s. 1920; Henry S. Davidson. telephone
Whiting Il. s2-l
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02

, ton church Interment Vas in the
Hessvine cemetery
The prizes for the Standard OIL track
meet at the WhHingf park on Labor
bay are on display fin Bankers tewelry
tore window.
Mr. and Mrs. l. B. Ritter Of Sheri-
dan avenue have returned from motor
trip 10 Michigan where they spent their
Nacatn
MIR and Mrs william slower and
children of ohio avenue have returned
from a two weeks isit IN Independence
and Waterloo la
The owl club VIII have omen honrs
al their headquarters this evening on
which occasion '~The Jenkins orphan
Band viii entertain with very prom
isinr program which VIII consist oi
readings ana various Instrumental se-
lcctions and solos
Mrs. J l.. Clark has been quite iil
al her home In LaPorte avenue.
Mr. and Mrs. George O. schaac and
daughter are home from u trip to cal
ifornia.
Mrs John Bopp VIII entertain the
Sewing Club at her home In LaPorte
avenue.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02

Don't throw yorl paper away
~lthou+ reading the want I'd page
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02

Come and look over ny selection OF
Hats for Fall and Winter Compare
the quality and prices with others.
YOU will buy here: Mrs. c. r. Wright.
$40 Clark street. whiting 9-2-2
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02
Whiting
AdUeTtTS EN- entS
Are Winners

Columbia Records for September
now on sale sam Aronberg. 500
11sth street. Whiting. scott
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02
NOTICE

p. O. e. 1873. smoker 81 club
rooms SATURDAY evening sept. AN.
Good entettainment and refreshments
%
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02

PRINCESS THEATRE TONIGHT
~uARY'S ANKLE" Mclean and May.
We guarantee thIS-aIso Pollard Com
edy and PRIhe News o-2-1
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02

FOR sALE-5 room CottaFe, 1905
Myrtle avenue. call 20 Cleveland
avenue. e-2-3
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02

FOR RFzNT .-Furnishe5 room for two
steam heat. $50 Ohio avenue, phone
1876 whiting. 922
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-09-02

The whitinS Savings and Loan As
societion Is a safe and conservation
form Of Investment and IS Of great ad-
vantage 10 borrowers who desire q
build their own homes. 9-2-I
Jerome County times. (Jerome, Idaho) 1919-1920, 1920-02-12

PETE HAD 0BEYED ORDERS
Literal Minded Soldier Came Near Get
tinu His Commanding On'eer
Into a Bad Mess.

There Is a certain young officer VINO
according To his own story. Is thanking
his stars that General Pershing had
sense of humOr
Some Of my men were Polish ana
better soldiers never lived. but ! guess
ir Poland life has been one long, sad
story" said the officer anyway. !
never ran across bunch who took
things 81 literally one night the Ger
mans sent ont u three-inch shell thar
landed square i'm the trench. In the
MORNING / told one ~ my men. Pete,
we called him. To take 1t away.
"'Where shall take it, he asked.
"'Oh. anywhere answered peev-
lshly. put il to bed in Pershlng'S
tent
"a little later brother officer came
along and said: The old man wants
you. and there's something doing.
Il couldn't imagine what was up I'M
I'll stood before the chief. He eyed
me sternly and then pointed to his
bunk and would you believe Il. there
was that blamed she'll Pete sure had
oheyed orders Well. thought was
I'm for it. but PerShing suddenly be-
gan To smile. He said: 4 just want 10
caution YOU not TO order Pete 10 cap
mre Berlin until the rest Of Us are
ready to 20 with him He might go
and do II. you know "-Rehoboth
Sunday Herald
Jerome County times. (Jerome, Idaho) 1919-1920, 1920-02-12
OFFERS EVERYBODY A CHANCE
Phllanthropic Seattle Man Throws
Open Hall for Absolutely Free
and Uninterrupted Speech.

A philanthrOpic fight promoter-one
Of the enterprising gentlemen who has
been in the habit Of putting on a box
ing match every week or two-is much
annoyed al the spasmodlc Interference
of the officers of the law In his busi-
ness affairs. and Is proposing to throw
open his hall for a weekly forum Of
free and uninterrupted speech, in
place Of the boxing bouts.
81 want every guy that has anything
to say to come over and say It," said
the promoter, according to the Seattle
Post-Intelligsncer, land I'll give him
ten minutes to spiel, and then he must
shut his trap. don't care what he
is; any kind of a nut can come over
and say right out what Is on his chest.
My luck has been so bad, and my
spirits so depressed, that | want a
laugh, and | believe a nut gathering
of this kind would equal anything the
Orpheum circuit or Pantages or the
best OF them ever put on. You know,
nature keeps playing Jokes on human
ity all the time; she mixes together
some queer patterns IN neadS. ana
lot Of fellows can't help what they
think; some have bunch for one
thing and some for another; | suppose
we could get few startling facts on
anything from religion to chess in
these verbal tournaments. And II Will
be absolutely free; | might pass the
hat around at the close Of the enter
tainment to square me on the hall
rent, but for the rest ! wouldn't want
= cent to pay outside Of the entertain
mcnt ] get out of It. AS soon as |
can pull Il jazz band together to fit In
with the speechmaklng will announce
the details, and we will be sure in for
n summers entertainment, If the
sheriff don't close us up"
Jerome County times. (Jerome, Idaho) 1919-1920, 1920-02-12
SIS Per MONTH
FEEDS ORPHAN
Cleveland H. Dodge Shows What
Near East Relief Can Do in
Efficient Purchasing.

Buying in wholesale lots and under
the most favorable market conditions
Near East Relief of Madison avenue
New York city, with repre- sentatives in
every state of the Union, has been able
to battle the high cost Of living SO far
as relief supplies for the suffering mil
lions Of the Near East are concerned.
Cleveland H. Dodge, treasurer, in g
statement shows that the committee is
able to provide food for the suffering
people of the Near East at prices much
lower than the average charge here.
A donation OF IS per month will pro
vide food for one orphan, $40 pei
month provides not only food, but also
clothes and shelter for one orphan
and for SIS per month attendance al
school is assured to each orphan in ad
dition to food, clothing and shelter.
In the appeal for funds to save the
starving remnants Of the Armenians
and other western Asia peoples, Neai
East Relief is inviting the American
public to adopt" an orphan at the
rates given here. over 100000 home
less children are In need Of help In tht
Near East. WOmen's organizations
lodges, churches and social clubs are
responding to the appeal by adopting
quotas of orphans for support over E
definite period.
Jerome County times. (Jerome, Idaho) 1919-1920, 1920-02-12

the golden days of the empire She was
received as an honnrcd guest Those
who accnmmuicd her on This second
visit hovcrrd near her fearing TINT
She would hr overcome with the con
ifn~t between ihc past and the present.
r~neciuiiy vhru she viewed HE apart
mcut~ fitted up for her use and which
had nn' been changed Hm IL WAS
merely her artistic sense that was of
tended The hnug'nsS of the hug,
bed were of imperial purple with the
green ot Napoleon. and the eN-cmpress
remarked li--u~icdly "louiours COS
ailrcuN ridcauN D" always those
frightful curtains"