davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
BY STUART p. WEST.

NEW YORK, July 3.-The stock
market this week has followed very
precisely along the lines anticipated
of May. prices had discounted all the
unfavorable features of the outside
situation. They had taken into ac-
count the high rates for money, the
severe restrictions. upon credit, the
troubles with labor and the falling
off, present and prospective, in indus
trial activity and corporation profits.
There ensued a month of inaction
during which stocks were quietly
picked up by the class of people who
buy when the general public is timid
and holding off. This accumulation
has continued more openly during the
past week and has been favored by
the talk that there would be nothing
doing in the market until after the
Fourth of July holiday when the
worst of the midyear money troubles
would be over and the results of the
democratic convention would be
known. AS expected, those who have
listened to this talk find that they
have missed their best opportunity.
and if they wish to buy now will have
to pay considerably higher for their
stocks.
of the next month or so there is GER
tainly no ground for extravagant OPP
timism. Money for Wall street uses
will be in freer supply, but it will
not be cheap. There cannot be any
return to low money rates until the
federal reserve banks reduce their
present scale of discounts, and this
cannot be expected until some time
next year at the earliest.
All that can be anticipated in the
market is an increase in the amount
of lendable funds sufficient to allow
a moderate expansion in speculative
activity, permitting those stocks which
have been selling below what they
are really worth to get back to their
value line and in their advance bring
ing about modest rally in the gen.
eral list.
A favorable decision on railway
rates will, of course, if it comes. have
a powerful action upon the whole
market But it will constantly be
borne in mind that there can be no
old-time speculation with credit con-
ditions as. they are and with the ex-
ira demands of the crop moving in
immediate prospect.
Changes for the Better.
The fundamental changes for the
better in the situation as compared
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
LOCAL WHOLESALE MARKET

The wholesale market prices this
morning ranged about as follows:
EGGS Strictly fresh, A; average
receipts. 43; southern. AZ.
LIVE POULTRY-Rooster per h.,
%; turkeys, per h.. 3Sa42; chickens,
spring, per h., 6Sa70; hens, per h.,
IS; keats. young, per h., 7Oa75.
DRESSED POULTRY-Fresh- killed
spring chickens, per h., S0aS5; hens,
per h., 39a40; rooSters, per h., 26; tur-
keys, per h., 45a50.
LIVE STOCK-Calves, per h., LA
Is; lambs, 15a16; sheep, SAT-.
GREEN FRUITS-Apples, new, 1.75
a2.00 per box; California lemons, per
box. 3.00a3.50: pineapples. 4.00a7. 90;
California oranges, 6.00a7.50; grape
fruit, 6.00a7.0O; Strawberries. 20a35
per qt.; cherries, 15a30 per Of; black
berries. 20a25.
VEGETABLES - Potatoes, south
ern, new, No. 1, per bbl.. 11.00a11.50;
do, No. 2. per Dbl, 5.00a6.00; western,
old. per sack. 11.50a12.50; string
beans; per basket, 1.5oa2.5o; nearby.
crate. 2.ooa4.oo; cabbage. per crate,
Assoc; lettuce, nearby, per crate. LOO
a2.00; celery. per doz.. 1.50a2.00: ro-
maine lettuce. 1.00a1.25; squash, per
crate, 1.75a2.00: spring onions, 1.50a
200 per 100 lunches; yams. S.00a10. 90;
spinach. per Dbl, 2.00a2.50: Florida
peppers, per crate. 2.00a3.00; Florida
tomatoes. per crate, 2.50a5.00; Texas
onions, per crate, 1.25a1.5 so: asparagus,
per doz., 50a2.50: peas. 5.00a9.0 90 per
bbl.; cucumbers, 75a20O per basket;
cantaloupes. 5.00a6.00 per crate.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
TRADING IS SMALLEST
IN ALMOST TWO YEARS

NEW YORK, July 3-Trading in
STOCKS this week was smallest in vol
ume and scope of any similar period
Tor almost two years, but the bond
market was relatively active and va
rlaoly higher on moderate midyear
investment buying.
The turn into the second half of the
year witnessed a further Tightening
OF credits. This was especially mark
ed in the rate for commercial loans
which rose to per cent for all but
prime paper. This is the highest quo
tatlon for such accommodations in al
most thirteen years.
While well informed banking opin-
ion still inclines to the belief that
money will soon become less strin-
gent, it is generally recognized that
the credit situation, as Affecting in
dustrial conditions. calls for further
corrective measures.
Need OF concerted and effective &C
ton in this respect continues to be
stressed by the Federal Reserve
Board. as well as by private financial
interests, with countrywide connec-
lions.
In conservative quarters there was
further evidence of tendency to con-
fine rediscounts to essential loans and
to concentrate on financing for crop
requirements. Banks in the agricul-
tural sections have recently drawn
heavily from their reserves at this
center to meet harvest demands.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
Defense COUNCIL
+ FOR POLAND URGED
BoIshevist Advance ir
Ukraine Renders Situation
Critical.

WARSAW, July l (by the Associated
Press) of the Polish gov
eminent may be placed in the hands
of national council of defense under
the terms of proposals considered by
council of war and extraordinary
session of the diet tonight. Extreme
measures are deemed necessary to
meet the critical situation caused by
the bolshevik advance in Ukraine.
1t is proposed that immediate mill
tary action be taken to check the
bolSheviki.
The diet adjourned at midnight for
further discussion on Thursday of the
proposition to create a council of de-
Tense.
During tonight's meeting Father
Okone, a peasant member, offered a
resolution providing for immediate
peace negotiations. Although nearly
all the thirty-five socialist members
of the diet were present, only two
voted in favor of his motion.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
DEMOCRATS AGAIN TRY
TO NOMINATE GOVERNOR
North Carolina Voters Attempt to
Break Deadlock Over
State Ticket.

RALEIGH, N c.. July 3.-Followinp
one of the bitterest campaigns for the
gubernatorial nomination ever staged
In North Carolina, democratic voters
today, in second statewide primary.
will select nominees for governor. au-
d1tor and one associate justice of the
state supreme court. There is also a
congressional contest in the sixth
district. The candidates in the race
today were the leaders in the pri-
mary held month ago who failed
to secure majorities.
The candidates for the nomination
for governor are Lieut.. Gov o. Max
Gardner of Shelby and Cameron Nor
rison of Charlotte. For auditor, Maj.
Baxter Durham of Raleigh is being
opposed by J. P. Cook of Concord, and
w. P. Stacy of Wilmington. is oppos-
ing D. F. Long of Statesville for as
sociate justice.
Representative Hannibal Goodwin is
opposed for denomination by Homer
L. Lyon of Whiteville.
The weather forecast for North
Carolina indicated showers in many
sections of the state. The polls opened
at sunrise and will close at sunset.
Because of the keen interest displayed
in the gubernatorial race a heavy
vote was expected.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
LITILESToRlEs
%BEDTInE
BY THORNTON w. BURGESS
Keen Ears and Quick Wits.

Who thinks and acts without a wait
Is likely not TO be too late.
1t was Shadow-time and Old Man
Coyote was trotting along across the
Green Meadows not far from the Smil-
ing Pool. He had just started out to
hunt for his dinner and hadn't quite
made up his mind just where to look for
it, He had already tried for Danny
Meadow Mouse and failed to eaten hlm
He knew that Johnny and Polly Chuck
and all the little Chucks were in bed
by this time He had thought of going
over to the Smiling Pool after Grand
father Frog or some of his numerous
children and grandchildren, but some
how he didn't feel like a Frog dinner.
There would be time enough to come
back for that if he failed to get anything
better.
He knew that somewhere in the
Green Forest were Thunderer the
Grouse and Mrs. Grouse and whole
family of young Grouse. The trouble
was he didn't know in just what part
of the Green Forest they were and it
might take him all night to find them.
or more likely still he might not find
them at all. But the more he thought
about them the more he was inclined
to go over there on the chance that
he might stumble on them.
So just before he reached the Smil-
ing Pool he turned toward the Green
Forest. He trotted along swiftly and
silently. But nose and eyes and ears
were wide open for any little smell
or movement or sound that might
lead him to a dinner. 1t is always
that way with Old Man Coyote. He
never forgets for an instant what
his wonderful nose and eyes and ears
were given him for.
He was nearly past the Smiling
Pool when from over where the
Laughing Brook flows into it two
faint sounds reached him. They
were SO faint that had you or I been
in his place we wouldn't have heard
them at all. That was because he
was quite a distance away. One
sound was a faint thump and the
other was a still fainter splash.
Old Man Coyote didn't stop. He
simply turned and headed straight
toward the place where those sounds
had come from, and he trotted a little
faster if anything. You see his ears
are no keener than his wits are
quick.
That thump was made by Peter
Rabbit" muttered Old Man Coyote.
And that splash was made by Jerry
Muskrat. They were together over
there and Peter saw or heard danger
and warned Jerry. Probably Hooty
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
CONDITION OF TRADE.

NEW YORK. July seasonal
dullness in business is reflected in the
trade reviews for the past week.
Failures are on the increase and some
lines are very quiet
Dun's Review says:
Under pressure of credit restric
tions and diminished consumption of
commodities among other elements,
the weak spots in the business situa-
ton are being brought to the sur
face. This fact is made clear by the
half years insolvency record, but
more particularly so by the June
statement. which discloses more fail
ures in the United States than in any
month in a year and a half. and the
largest liabilities of all months since
April, 1915 The June defaults, num-
bering 674, involved about $4,000
900, or the heaviest amount for the
period back to 1914. and this swelled
the half-yearly indebtedness to fully
$S6,70O,OO0. Comparing with the $6s.-
700, 900 of the first six months of 1919,
an increase of 26 per cent appears,
whereas the 1852 failures of the half
year just ended are 80 per cent under
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
WALL STREET STOCK LIST
SHOWS SOME IMPROVEMENT
No Big Bull Movement Anticipated, But
Recoveries Are Likely to Be Sub
stantial-Factors In Situation.

with a month ago are. first, the sue.
cess of the restrictive and coercive
measures adopted by the federal re.
serve authorities in putting a stoI
to credit expansion and bringing
about a small yet convincing i'm.
provement in the general banking
position; second, the greater stabil.
ity given to the foreign exchanges
as it has been shown that the Sug-
gestions of collapse in financial Eu-
rope We're unfounded and that for
eign obligations in this country are
to be met either through the trans
fer of gold or through the fiotation
of European government bonds in
our market; third, the complete up
set of the theorists who were pre-
the May figures of exports and i'm
ports affording the strongest evil
dence yet given on this point; fourth,
the remarkable improvement in the
crop outlook. the official cotton esti-
mates now indicating yield con-
siderably in excess of last year in
stead of the threatened serious short
age of month ago. while wheat and
corn have progressed under weather
that have been exception
ally favorable.
Conditions Reversed.
Along with these developments has
come a clearer conception of the fl
IdHCidl SllQdllOH DIT large. and
recognition that the propaganda of
peSsimism, which was so widespread
in the early part of the year, was as
illfounded as it was mischievous. 1t
is now seen that the three main
of the Industrial crisis
OF the past-overproductio low
prices. unemployment-are in the
present conditions absolutely re-
versed.
With some exceptions, which are
well known, the demand for the out
put of the mills and factories is still
far ahead of the ability to supply,
this or course being emphasized by
the Transportation difficulties. In
stead OF prices SO low as to induce
curtallment of Industrial effort
there is every incentive to keep pro
duction at the maximum
Instead of a labor surplus with
great numbers of people out of work.
there is an extraordinary scarcity of
labor Instead of being heavily in
debt, where we would have to ex-
port gold like Japan, our net credit
balance during and since the war has
to $4,000, 00O, 900.
Finally. if England is not seriously
worried when it's bank reserve ratio
falls below per cent, what possible
right nave we to worry, with our
reserve ratio to liabilities of "A per
cent,
Copyright, 1927
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
CLAIM
SHRS BELGIUM
Demand for 20 Per Cent OF
German Indemnity Means
REIMBURSEMENT.

BRUSSELS. July Cby the Asso-
ciated Press).-Italian delegates to
the allied conference here are under
stood to be standing firmly for the
payment to their country of 20 per
cent of the indemnity to be paid by
Germany. Means to readjust other
shares so as to satisfy Italy's de-
mands have not as yet been found
and the Belgian delegates are show
ing great surprise that they should be
required to make sacrifices for the
sake of Italy.
Owing to the failure of the premiers
10 come to an agreement yesterday
this mornings session of the supreme
council was replaced by informal con-
1erences at the headquarters of Pre-
mler Lloyd George of Great Britain.
whether an agreement is reached or
not. the various delegations will leave
for Spa tomorrow morning. it being
held that any disagreement is but a
question of detail which the allies can
settle either before or after the Spa
conference, and one in which Ger
many is not concerned
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
SHADES OF THE PILGRIMS!
Southampton Now Claims They
Really Embarked From There,

SOUTHAMPTON. July plymouth
is not the only port connected with
the sailing of the Pilgrim Fathers.
says Mayor S. G. Kimber Of this city.
In letter to the newspapers.
1T was from the ancient port of
Southampton that the famous May
flower set sail on August Is, 1920, in
company with a smaller vessel, the
Speedwell," he says.
Owing to accidents the voyage was
delayed by temporary stoppages, first
at Dartmouth and then at Plymouth,
and it was from the latter port that
the Mayflower resumed her voyage
alone.
This gives Plymouth a real claim
to the honor in connection with the
event. but this claim should not be
allowed to obscure the historic fact
that it was Southampton which the
Pilgrim Fathers chose as their port
of departure. that it was at Southamp-
ton that they made all preparations
for the voyage and that it was from
Southampton that they actually set
sail for the new world"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
NON-PARTISAN LEADING
IN NORTH DAKOTA FIGHT
Gov Frazier Possibly 1900 Ahead
Over Independent Republican.
Gronna Lead Dwindling.

FARGO, N. D.. July 3.-Returns re-
ceived from Wednesdays primary
election in North Dakota pointed to
Non-Partisan League victory, so
far as the contest for the gubernato-
rial nomination was concerned.
Predictions by the Fargo Forum.
which has supported the candidacy
of William LANCER, Independent re-
publican, for governor, placed the eS-
timated majority of Gov. Lynn ]. Fra
zier, the Non-PartiSan League
choice, at from 5000 to $500. LANCER
had a lead of 1902 votes in 1922 pre-
cincts, but the missing precincts were
recognized as Frazier strongholds al
most entirely.
In the senatorial contest the early
lead established by Senator A j..
Gronna is dwindling somewhat, his
total of 73S out of 2.064 precincts IN
the state being 20,S23, as against the
1924 polled by DR.. E. F. Ladd. the
league candidate.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
SPENDS 10000 HOURS
ON BALTIMORE ROAD
Government Employe to Retire
After Travelling 100000 Miles
Between Cities.

Having spent more than 10000 hours
on the road between here and Balti-
more. and travelled more than 100000
miles between the two cities in the
thirty years he has been in the gov
eminent service, an employee of one of
the departments will go Back, back.
back to BALTIMORE upon retirement
August 20.
But these are mere details in this
idy1 OF retirement. as it is becoming
known in the service, for this SUPER
animated employee is one man who is
happy and glad to go. after his years
OF service.
When he goes back to Baltimore for
good he will become secretary of a
newly formed building association. and
his time for reporting will be 10
o'clock. He will have an hour or two
for lunch. and plenty of time for
solnng, IL he wants to indulge in that
sport.
He also will draw $50 a month from
Uncle Sam for the remainder of his
days For thirty years he has spent
about two hours day commutinr
between the National Capital and
Baltimore. Figuring on an average
of ESQ days a year, counting out ali
annual and sick leave and HOLIDAYS
would give figures approximately as
above.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
QUIT CHURCH.; DODGE TAX,
German Lutherans Will Denv Ran
tism to Evaders.

BERLIN. July $50 great is the
falling of in church membership here
that the Berlin Synod Of the German
Lutheran Church has voted to take
drastic measures against persons who
withdraw. Reports read at a recent
meeting of the synod showed that
while in 1915 there were only twenty
five defections. the number last year
reached 5.2S7. AZ many women as men
withdrew, most OF them being young,
and the majority members Of the
social democratic party.
The synod resolved that all those
Withdrawing should be excluded from
the privileges of the church, their
children to be denied baptism and to
receive confirmation instruction only
on certain conditions. To make these
measures effective the synod voted to
Introduce cards to show that the hold
efs are bona f1de church members.
Escape from church taxation is said
10 be the principal reason for the
withdrawals.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
DAIRY MARKET.

CHICAGO, July 3.-Butter-Un-
changed.
Eggs-Unchanged; receipts, 12,07e
cases.
Poultry-Alive. unchanged.
NEW YORK, July 3.-Butter-Easy
receipts 14.S4S packages Creamery
higher than extras, 57Aa5S: cream
cry. extras coz score), 5S; creamery
firsts (S8 to 81 score), 53a57h; pack
ing stock, current make. No. /, 42a42h
Eggs-Irregular; receipts. zoos
cases. Fresh gathered, extra frsts,
47a49h; f1rsts. 42a46: state. Pennsyl-
vania and nearby western hennery
whites. firsts to extras, 55a60: do.
browns, extras. 53a56; state, Penn
sylvania and nearby hennery, browns
extras, 43a51.
Cheese-Steady; receipts. $500
boxes. State, whole milk flats, current
make. white and colored. specials,
EMBASSY; do. average run. 28a27
State. whole milk, twins, current
make specials, 27A a27A; do, aver
age run, 28a26A.
Live and dressed poultry quiet;
prices unchanged.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
COPPER INQUIRIES INCREASE

NEW YORK, July 3.-Walker's cop
increasing for third and fourth quar-
tsr commitments. although most Of
the domestic business calling for
quick deliveries is still being trans
acted in the outside market. where
quotations vary for small lots all the
way from IS cents to 1871 cents f. o.
b. refinery Lake is still quoted by
the leading producers at 10 cents to
1914 cents a pound, and electrolytic
at 1SA cents to 10 cents pound.
TN the years before the war for
eign consumers invariably were abe
to secure their requirements of Amer
lean copper at substantially under the
average prices paid by domestic man
ufacturers."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03

goods demand Is even quieter and
complete shutdowns are reported con-
templated by the leading interest.
though some Australian woods have
peen picked up at concessions by
manufacturers. Advances on new clip
wool consignments do not exceed rs
cents. Silk manufacturers are q lit
tie more active, but raw silk is dull"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
MONEY MARKnTs,

NEW YORK, July S.-Bar silver, do
mestic. s9h; foreign. ss%; Mexican doll
lars, 67h.
LONDON, July .s.-Bar silver, .51Ad
per ounce; money, ~ per cent. Dis
count rates, Short bills. OK per cent:
three-month bills. 611-1S per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03

In the opinion of expert authorities
Canada could increase its production
of sine to supply q3se-tenfh OF the
worlds demand, which 10 estimated at
over Loco. 900 tons annually -.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
the s,4ss reverses of 1919"

BradStreetS says.
THE position of the industries is
not greatly different from some weeks
ago.. though seasonal influences are
adding their weight to further reduce
manufacturing output in lines which
go to makeup wearing apparel. shoes
and other normal necessities. Wooden
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03

The production of silk in the United
States has grown to 00.000,000 a
year, as compared with only $780,
600, 900 in 1900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-07-03
Money to Loan

Preyailin1 interest and commisSin1
Joseph I. Weller. 1 R,s! w. a. = f. rsu.!
El Imparcial. (San Juan, P.R.) 1918-197?, 1920-06-01

cQnque la G0rtesdea Honor, daba su n0la
|sotial. y
I Los colores emblematicos de la aso-
!ciaci6n, daban luz de turquesas y bri-
lllantes al Roof Garden del Palace, a
lla terraza encantadora que domina la
ciudad de San Juan, ofreciendo un pa
norama de color y vida, a los que ALI
Ise reunen para gozar como de un s,eT'
! no.
Gazas v flores, perfume bclle1a,
todo -parecfa haberse puesto en- Jneg0,
nara el magnffco IL conQne la Corte
ldei Honor, obsequiaba esplendidamente
a todas las; damas de Ia Isla de San
Juan, que estan hern,aEadas tan her.
mosamente por ese vfnculo de compa-
! ierismo que amerita tan distinguida
association.
La tarde, sucedi6 en- celajes la ma
mana ' tuvo la belleza dorado del dia.
La concurrencia al re fue la espera-
da, v nos deleitamos viendo danzar
i nuestras bellas seiioritas .felices, al
concluir ell domingo tan brillantemente.
Campanillas azules y blancas adort
naban ell techo Y en- cada mesa "paje' \
un bdcaro de flores naturales, esparcf;i
su aroma.
Ricamente servidos fuer0n tOdos los
lcm,e rrentes. En;l'ala de a:es. lieln
dos. hizcochos, Tc. un ambigj en- to,ii
/ forma v excelente confecci6n.
j Ia complacencia Sc notaba en- todps
los semblantes; la elegancia presidfa la
! fiesta, la belleza lucia en- todas sus ma
nifestaciones ell baile, ST, dulcfsimas
compafieras de association, el bale fue
1noderado, discreto; Y muy placer
It6canos dar la nueya al Director Gle ia
Corte de Honor, de quien siempre ecei-
bimos un consejo sabio para saber Sc
guirio:
/ .ias que nunca, hermosa ma sido la
i fiesta aniversario de la Cofta lie 10
gInor de Nnestra Sefiora de Lourdes.r
| Florezcan todos los meses de Mayo
para sencanto de esa Corte de Horror,
tan gentilInente presidida por IA satella
4 sefiorita Ana Maria yaldes, a, c4ya
piedad de alma cultura de pensamien
|to, Sc debe en- gran manera el exito que
anotamos de cuya deferente amalfli-
dad siempre tiene algun recnerdo iier-
moso.
MIGDALIA. 4