davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1920-04-27
DAILY KENNEBEC JOURNAL
TAlephone 135

Cards or thanks, obituary notices, res.
oluf,ons Of respect. etc.. win -
charged q the rate re-. s q ssn cent ssnt. 0sF
0ubscribers who fall to receive the
Journal promptly will confer . favor
BY notifying the once Immediately.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
EXTRAORDINARY PRICES
FOR WHEAT BOOST CORN

CHICAGO. April 17.-Extraordinarily
high prices for wheat have stimulated
brisk new advances this week in the
corn market Compared with a week
ago. corn quotations this morning
range from 2h to ~ up; oats showed
gains Of Ia to ga and provisions. a
rise varying from II to 1.50.
Although at times the measures taken
to bring the railway strike to an end
led to sharp setbacks in the corn
market. the dominating factor on the
whole was wheat at 50 and upward a
bushel This influence was described in
turn to sudden expansion of European
demand for breadstuffs. a circumstances
due partly to likelihood Of lessened pro-
duction of wheat in the United States
this year, and partly to chances that
India, Australia and Argentina might
declare embargoes against the exporta-
ton Of wheat.
The upward strain Of the corn market
was partly relieved. however, by big re-
sales Of oats. which had been pur-
chased for France. A move for resell
ing was said to be to provide increased
vessel-room for wheat and rye.
Oats. sympathizing with corn. Jumped
10 new high-price records for the sea-
son, then reacted somewhat.
Provisions reflected the grain advance
and the semi-monthly warehouse report
indicating no burdensome new increase
of stocks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
CONDITION OF TRADE.

Ne" YORK, April 1.-THE trade
reviews Of the week say that the
railway strike has been the dominat-
ing feature and has seriously incon-
venienced general business and check
ed the possibility of increased pro-
duction this month.
Dun's Review SAYS:
General inconvenience and no in
considerable loss to business have
resulted from the railroad waIkouts.
and some time must necessarily
meht OF the labor troubles, before the
deleteriouS effects will be wholly
eliminated With transportation dis
organized and movements of raw ma
terials seriously impeded, if not en-
tlrely suspended. shutdowns at many
manufacturing plants have been I'M
avoidable, and last months more
favorable production results cannot
be repeated in April. While consump-
ton of goods is also diminished. and
though unemployment in various in
dustries curtails the public purchas-
duced available supplies of different
commodities. and some prices. as
Dun's list demonstrates. have risen
sharply. Such tendency has APP
peared at a time when more is being
heard of resistance TO the extreme
planning for the future are confront
ed with manifest change in the
buying disposition of consumers not
few of whom are turning away from
extravaganza"
BradStreetS SAYS:
The railway mems strike. which
began April in Chicago. has this
week easily been the dominant fea-
ture in the country's trade and in
dustrial life. While losing some of
it's force in places of origin. its
cumulative effect in the great in
dustrial regions outside of the south
has been akin to a form of creeping
paralysis. which has slowed down and
stopped great industries. checked the
movement Of all farm products, limit
ed supplies of food and fuel. raised
prices of commodities. especially
foods. to new high levels and rendered
hundreds of thousands idle The
public opposition aroused has appar-
emily been sufficient to cause the
badly led railway labor element itself
to revolt. but even with the strike
crumbling the evils aroused continue
to spread SO that even il it ends
shortly. as seems probable. the bad
effects will probably be felt for weeks
to come.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
MONEY TO Loan
On d. @. Real Estate. Lowest Rate2
Jesse L, HEISkELl.
14ne 81 ST. NV.

SIS 900 90 FIRST MORTGAGE REAL ESTATE
bonds in denomna lions Of $500 90 to $3.OO0O 90.
will net holders Sc. Titles. principal and in
terest guaranteed J. CLOYD BYARS, Attor-
ney, Room 4. Southern bldg, Washington. DC.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
SUBTREASUR|ES DOOMED
BY CONFEREES' ACTION
Amendment Fathered by Chairman
Plat Approved-Kills In
stitution by 1921.

The amendment to the legislative.
executive and judicial appropriation
bill fathered by Chair imam Plat of
the House committee on banking and
currency. proposing to abolish the
subtreasureS was approved by the
conferees on Thursday, so these ven
cradle Institutions. dating from the
days of President Andrew Jackson's
famous tight against the old United
States Bank. will all be out of existence
by 1921.
Representative Plat has been Of
ferng amendments to this appro-
pration bill for the abolition of the
subtreasuries almost every year since
the federal reserve act was passed.
Twice the House has stricken out the
appropriations for the subtreasuries
and each time the Senate put them
back and the House yielded in con-
ference.
This year the banking and cur
rency committee took the matter up
and after consultation with the
Trea sury Department and the federal
reserve board reported out bill pro-
viding that the subtreasureis should
cease to exist at the end Of the fiscal
year 1921. or at such earlier date as
the Secretary Of the Treasury should
determine. and transferring their
duties, funds. bullion, etc. to the
Treasury at Washington. or the assay
offices, or to the federal reserve
banks.
This bill Mr.. Platt offered as an
amendment to the legislative, eXecu-
tive and judicial appropriation bill
in the House. and it was held in order
under the Holman rule, by Mr.. Long
worth. who was the chairman of the
committee of the whole. and passed.
Again the Senate struck it out but
this time the House conferees didn't
vic
doomed.
The amendment will save, accord
ing to the estimates. about $4,000
in salaries and contingent expenses
and the interest on $50, 900. 900 be-
sides, as that amount of money has
to be kept in the subtreasuries for
working capital, but can be chec k ed
out to pay on the governments debt
as soon as the institutions are out
of existence.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
Dairy Markets.
BALTIMORE. Md. April II (Sr

BALTIMORE. Md. April II Especially
Arrivals by boat-I4ive poultry,
chickens. young, large. smooth. lb.. so
DO, young. rough and shaggy, lb.. 35a4o:
do, winter. 2l2 lbs and under. 60; old
ROSTERS, h.. 30: do. old hens, over 4
lbs. lb. 45: do, small, H.. 45: do. white
Leghorn hens. ID. ~. Ducks. muscovy,
Young. h.. 43; do. white Pekins, Young.
poor, lb. 40. Pigeons. old, pair. 45a5o ;
do. young. pair. 45a5o. Guinea fowl.
young. over n lbs. each. So; old, each,
Eggs-Western Maryland and Penn
sylvanta. nearby. doz.. Al: eastern shore,
Maryland and Virginia, A. western, Al:
West Virginia. Al: do. southern, 40.
Owing to the railroad tie-up, receipts
OF creamery from leading centers has
been cut off and supplies are scarce.
butter-Creamery. western separator.
extras. per III. 75a7s: prints. 7sa7s:
nearby creamery. extras, 72a73: dairy
prints. Maryland and Pennsylvania. 4oa
ana Pennsylvania. 4oa+2: do. West Vir-
5ea58.
NEW YORK, April l7-Butter,
steady receipts. At tubs Creamery.
higher than extras. 72ha73; extra
l92 score). 7,: firsts (sS to 81 score).
66a71: packing stock, current make,
No. 2, 41a4a
Eggs. firmer: receipts. 1857 cases,
Fresh gathered extra firsts. a. u a
@5h: do. flrsts, A2a44; state, Penn
sylvania and nearby western hennery
white. firsts to extra, 4Sab2; do. brown,
extra. 81; do. gathered brown and
mixed colors, first to extra, 4sa46.
Cheese. Arm; no receipts. state, whole
milk. fats. held. specials. 49, a3l, do.
average run, 2sa29: state. whole milk
twins. held, specials, 2SEaSo; do,
average run. 27a2s.
Poultry live not quoted. Dressed,
steady and unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
FEW CHANGES THE PAST WEEK
IN GENERAL MARKET POSITION
Plans Under Way, However, to Bring
High-Priced Stocks to Level That
Will Attract Public.

will have been laid for a real bear
market
In the meantime it is reasonable to
expect a continuance of the same sort
OF irregular price movement that we
nave been having for the last month.
Ihe main drift is upward, because in
SO many cases there are inside
schemes to be put through that will
make stocks seem worth more than
they are now selling for. When
these schemes are completed there
VIII be no ammunition left and We
may then expect to see a downward
movement that will be something
more than merely a temporary reac-
ton between buying waves like the
declines that have occurred in the
last six months
Getting Used to High Money Rates.
The financial community is getting
hardened to the spectacle OF high
money rates. Is getting more and
more accustomed to accepting this
as logical thing, and nothing that
one need be disturbed about. Just
as necessities have gone up extraor-
as wages have gone up, as
the whole cost of living has been
doubled. just SO has the price of
money risen. The new money condi-
tlons hit old line investments hard
like bonds and preferred stocks which
cannot increase their interest rate.
Librty bonds suffering from the
egregious blunders of the war fnanc-
ing, have TO go through their read
JuStment with the rest But stocks,
which are IN the speculative class.
which can distribute more than they
are now paying or which as non
dividend payers have the possibility
of being placed upon the dividend list,
are not hurt by high money rates. On
the contrary, they are like COM
modities of indeterminate price.
which go! up as the purcha sing power
of the dollar comes down.
Market in Strong Hnnds.
The present market is still in strong
hands. because the distributive stage
has only just begun and is not yet
far along. Consequently ii is mar
ket which pays no attention to factors
that are recognized as of only tempo
rary Importance. If the railway tie
up We're to last much longer it would
undoubtedly have very serious con-
sequences upon business. AS it is
1t has occasioned losses that the earn
ings statements Of the current quar-
ter will show to have been quite sub
stantiaL But the trainmen'S strike
has not hit the market hard because
1t has been recognized as something
that could not go on for long. In the
same way the Is per cent money rate
being due largely to the ingatnering
of funds needed for government bond
interest has been identified as an in
cident of only momentary Importance
and has therefore not counted seri-
ously.
Copy right. 1920. by S. T. Vest
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
London Money Market.

LONDON, April 17-Bar silver, 6S!sd
pop ounce, Money, ~ par cent, DIS
count rates, short hills, eM pep>cent'
Thrse-month bills, 81 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
BY STUART p. WEST.

NE" YORK. April Livery little
change has occurred in the general
market position during the past week.
1t Is a market which Is working out
individual plans that affect individual
stocks favorably and 1t does not much
matter what the outside news is or
what is the course Of money rates.
These are only temporary Interrupt
tons and In the end 1t is practically
sure that stocks will reach the prices
figured out for them by those who
know what is going on in the inside
We are in the midst OF a program
Of stock dividend distributions Of
extra cash payments on the part of
companies which are making a great
deal of money and Of recapit lization
schemes which will bring high price
Of stocks down to selling prices that
will make them again attractive to
tho buying public The real bull
movement will not be over until this
program has been carried through.
Tho end may be reached in three
months or 1t may be six months; this
Is only a matter of guesswork. The
point for the outsider to bear in mind
signed to make possible the working
in Of vast paper profits by the in
siders.
"Time to Look Out"
When 4 big stock dividend has been
declared and has been deducted from
tho market quotation it is time to
look out When high-priced stocks
have been split up into multiples and
the now and low-priced issues have
made their appearance on the market
1t is likewise time to look out.
Everything possible that can be done
to make these new issues attractive
will be done. But the public wants
to remember what has happened al
most invariably where high priced in
dustrialS with a narrow market have
changed their form and have reap
peared 8 new stocks with par value
divided by from four to ten and the
number of shares correspondingly
multiplied. The history Of all these
was that when they came out In
their new form they reached their
high prices almost Immediately and
that thereafter they underwent a
shrinkage which entailed enormous
losses to the investing public.
This program Of stock dividends
and reca pitalization plans is now in
process of being carried out. 1t still
has some distance to go. When It is
comprehension the company treas
uries have been weakened by the pay
ing out of the accumulated war prof
it's. when new stocks of $40 Of $2'
and of no par value take the place Of
stocks now selling anywhere from
$3.50 to $500 a share-the foundations
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
BOND QUOTATIONS.

Quotations furnished by W. B. Hibbs & Co.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
Business Failures.

NEW YORK. April Enthusiastically
reports ITO failures in the United
States for the week, against los for
the previous week and 107. 227, 25S. 25S
for the corresponding weeks 1919 to
1915 The New England states had IL:
middle, 81: western. 81; northw estern.
9: southern, 13; far western. IL. Can
ada had s, against IL for the pre-
vious week In the United States about
72.7 per cent of the total number of
concerns falling had 5000 capital or
less and 10 per cent had from $1,000
to $4,000 capital
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
Washington Stock Exchange

Washington Gas SIS. $1,000 at So, $1,000 At
49, s., 600 at ss. 81. 600 at s6.
Capital Traction. 10 at ssis. 10 at ssh. 10
at ssI. 10 at $50. at ssl.. at ssi4. % at
sS. Is At SIS.
Washington Railway and Electric i'd. p at
So, 10 At Sis. 10 at 515, at SIN. at 81
10 at 5la.. at 51&. Il at a11.. Is at II u
Continental Trust, 10 at 10, ) at ITO, 10
at ITO.
washington Rwy. and Electric pfd., Is at
At SLY
Washington loan and Trust, 10 at 255.
Lanston, 10 At s2l:.
Mergenthaler, at 1856, at 1875. at 1S6.
at 1856. at 1851.
Columbia Graphophone COM, II at so, 22-eo
at so. 1870 at 5OL.
After call:
washington Gas, at 45ts, 8 at 45ss. 10 at
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
Money and Exchange,

NEW YORK, April l7,-Msreaatils
papsr, 6ka7s sEohan9e, steady ster,
ling 6o.day bills, s.eok commercial
so-day bills on banks, s.soki com,
mernial so-day bills, s.soAI demand.
s.e5Hi cables, b.es, Francs, demand,
1922; cables, 1920. Belgian francs.
demand, 15.l2, cables, 1910. Guildors.
demand, 81 lis; cables, 81 e>16. Lire,
demand, sa,O9s cables. 22:oo. Marks,
demand, l,69, cables, $50, Govern
ment bonds AxSgulazs SaiSsaa honda.
E1eguln@.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
Bank of Frances Statement.
Quotations for Silver.
FINANCIAL.

NEW YORK. April 17.-Bar silver.
117a4: Mexican dollars, $50.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
New York Bank Statement.

NEW YORK, April 1.-THE actual
condition of clearing house banks and
trust companies for the week shows that
they hold s23,sS4,5oS reserve in excess
Of legal requirements. This is an In.
crease of,Su, 907. A90 from last week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-04-17
LIBERTIES OPEN EASY:
ARE HIGH AT CLOSING

NEW YORK, April Final prices
today We're: 3l.s. $3.50. first As. 80. 30;
second As. S6.9s: first Aus. 80 30 second
4As, S6.s6: third Ans. 81 90: fourth AS.
300: victory 3S4s. s6.OS; victory 4s.s.
$500.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-08-28

IL
~ By three up and two TO play IN the 30 hole final match played
rnmestese have been higher than thaibu the
In handeapsl overcome
Par "four IS H. ' with stroke allowance be deducted
he held to for the remainder Of The journey the
wonderful and the fact that
did not effect - 10 se. ' ,a1a,s .s, 70 hD s b. -
The donor.
ioos. . A. Dixie F1eaxe to H.
nsee Trophy 'onrnansn =. the SEATTLE ss u n
Blair Dixie" ratified bottom birdie
for r~sucsr Harvey rser rsaser d.s d
p ns u s~ s s. 1ss %n % -
r1eagu has cut off two strokes in two attempts
Clark so.t. NJ
this we and broke the coue reerd on The B.ss,s
u link. ons .n s ,. ' ,suns .r,. s . ~ u, 49,
Frank ). sa1s and Hawkins accompanied
In. asi. tss. sat-E-ss.
ea,.ns~ in program dhau
ship meeting Of e Pacific Northwest Golf association
eliminated In this ssy and tne for the Ns
ably !, and undsr. There viii be ~
/. champion c.sne golfer tn. ua
links Beacon Hn Tho bag toters hill ensas1
Robbie winning The crown when he se...d Ji. Is.sss
s e.r Ai n n. s aa. Hs aa' in ' n. e.ns
Ripe Portland ~ b.uius
TIN waveey considerably dcepr fr Fraak
WA. hotter aan .s hos platter ever hS up !; - 80.
shoe This sIe.v.ns ro~ with Gene Hai,so rrss ~ ~
shr brother Bills nom Olympia the final
Gene shot N %. Frank Iso.
Bny r.tr~pu Isuaan Of esasr. frum On nus~
visited , Esr.s.'1 ,,,s TIL; rs and mr.. the ,ss s . = -
the Black River course Tbs final being Eshgts -
Pets.on entered 60 sps
siion yesterday when he ben. !sc* Scott n HIs sad
Manager Frrd FIJI get this much delayed en- n
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-08-28
KROHN BEATS
FITZSIMMONS

DALLAS. Tex. Aug. 2s.--Young
Fitzsimmons. middleweight cham
pion of Oklahoma. lost n decision TO
Harry Krohn. OF Akron. and mid
dlewcight champion of the South. In
n fast 10-round bout here last night.
Tho two boys fought evenly thru
the first four rounds. but Krohn
forged ahead In the fifth. sixth and
seventh by clever footwork and clev-
crly executed left jahs and counters.
Fitzsimmons staged a big rally in
the latter part OF the seventh. eighth
and ninth rounds. but Krohn car
ricd the tcnth. Fitzsimmons was
badly marked up at the end OF the
fight while krohn was none the
worse from the encounter.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-08-28
BAN is
LIFTED
ON FELIX
STARS

Members OF the Seattle park board
have lifted the suspension on Ted
Ahncr. second baneman. Bob Boyer.
left fielder. and Ralph Miller.
catcher. OF the Felix club. who were
barred by the board on the charge
OF being members of the mix'up thai
featured their recent game with the
Tailored Ready crew.
This means that tho above named
trio OF torscrs will be eligible 10 play
In the second game OF The Stars
Junior baseball title series with the
Mount Baker club az Columbia field
Sunday.
The three fellows are all good
players and their appearance In the
lineup will strengthen the club team.
Their return 10 the fold means that
the club boys will not be able 20 play
spencer Harris. the Tailored Ready
infielder. as announced yesterday
Harris WIS 20 have filled in for the
club men temporarily.
The Mount Baker club. which won
the first game Of the series by
s.io.s count. will be the homo team
sunday and they nerd one more win
60 cop the series. II the club team
wins the third and deciding game
viii be played at the Seattle Coast
league park September s.
Tho Mount Baker club has also
been strengthened with the return Of
Ivan Jones. second sacker This viii
mean a shift in the Mount Baker
lineup. Jones win start the game
at the keystone pillow with owen
Roberts going TO third and Frey Lar
son replacing Ivan Davis In night
field The rrsi OF the club lines up
with Aekciaon. catcher. Troepplo.
firn, base: Licdtke. shortstop. KIM.
gle. left field. Patterson. center field.
and Sheccy. pitcher.
The club team viii have a much
changed iineu Bob Thorburn win
do the hurting. Miller. catcher:
Hughes. firs; base. Ahner. second
base. John Thorburn. third base.
Kohler. shoriE,op: Boyer. left field.
Friseli. center field. and shahro.
right field. r. the way the rest Of the
club viii take tho field.
The game will get under way
promptly at .. m. An effort will
be made 90 have Aianandie and
Piekens. who offlciatcd 40 well in the
first game. 10 do the umpiring again.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-08-28
AZEVEDO
DRAWS MILLER

sACRAMENTo. Cal. Aug. "a
Joe Azcvedo and Joe Miller. both Of
San Francisco. fought a draw here
last night Al Walker. San Fran.
cisco. stopped Al McManus, Detroit.
In two rounds. Monk Fowler, OF San
Francisco, won from Young Papke
Of this city. Claire Bronco. this
city. and Dick Donnelly. San Fran
cisco, were thrown out OF the ring
for stalling. Spec Rames, San Fran.
cisco. stopped the Dixie I'D, OF
Bakcrsfield. in the fourth.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-08-28

IN ms second WIN Wlthin u
week yesterday when he
hurled the gang TO another
victory over Oakland by an
STOP count Incidentally, 1t
was the tribes sevent h
straight win.
The young southraw didn't have
TO bear down much yesterday Al his
team mates stepped out and ham.
mered over five runs RICH, off tho
bat Ray sailed along at an easy
pace and didn't try 10 throw his arm
out with his mates keeping out In
front. lie was touched for plenty Of
hits. but only once--in tho third
did tho enemy bunch hits for runa
They counted two in that inning.
The young frfiow has been lucky
SO far In that he has had a big mar
gin Of runs 10 work under in both
OF his starts. lie won IL to over
Vernon sunday and turned In s.to
win yesterday.
The iocais win reed the services OF
another regular huricr right nov
with Herb Rr~nton on his way TO
Join the Cincinnati Reds Untii the
National league champions kick thru
with another toSscr. Francis looks
like the boy TO fill that vacant
berth
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-08-28
BOY MCCORMICK
RETURNS

Boy Mccormick. the Irish light.
weight. who did quite bit of boxing
on the Coast last season. has re-
turned 90 the United Stntes and is
headed towards California, according
to reports from tho South. The Irish
battler has been in England for
about six months. IL he returns to
tho Coast Battling" Ortega, Jack
Reeves. X. O. Kruvosky and a host
of other California millers will be
ready to give him battle.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-08-28
HAS SMITH
FOUND FOUNT?

Has "Gunboat" Smith found the
fountain OF YOUTH The old boy has
kicked thru with several wins recent.
ly. his most effective win being n
decision over Tony Mclchoir. the
promising miner heavy. When Smith
boxed Frank Farmer here he acted
like the prize punching bag and then
Fred Fulton nattcnod him in Port.
land bit later. 1t will take n lot
TO convince Seattle fans that he
has slipped OF the magic beverage.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-08-28
SWIM PRIZES
NOT READY YET

Prizes for The Star swimming
meet are not yet ready for dirtribu-
ton. The medals for first place win.
ners will not be ready for 10 days
because a special die is being made
up which viii take longer than ex.
pected for delivery. The ribbons for
second and third place winners Will
be ready nest week. Winners should
watch The s-ar for announcements
as TO when the prizes viii be ready.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-08-28
SCHUMANN MAY
BOX BASHAM

Hcinic Schumann. former Tacoma
lightweight. now haIling from Den.
yer. may Join Sammy Co,dman's
stable and journey 20 England with
Rantamwcight Champion Pete Her
man. Herman boxes Jimmy Wilde
there September 20. Goldman. Her.
mans manager. IN trying TO line up
a bout for Schumann with Johnny
Basham. the British wclterweisht
champion