davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
FRESH WEAKNESS
IN |NDUSTR|ALS
General List Showed Absence
Of the Support Of Short
Covering

New York. July 30.--Recurrent
pressure was in evidence in many parts
of the industrial list In today's stock
market and that quarter Of the list
showed a distinct sagging tendency
throughout the most part Of the scs-
sion. At intervals positive weakness
was shown. indicating continued sen
sitiveness to depressing tactics of the
reactionary party. The railroad group
held UP better. which was attributable
to the expectation of an early an
nouncement Of the rate decision by the
Interstate Commerce Commission.
Altogether the market acted wholly
in line with what might be safely called
technique schedule. That Is to say,
after the sharp marking down of mar
ket values earlier in the week. followed
yesterday and Wednesday afternoon by
partial recovcries, the usual heSitanCy
and wavering tendency was to be eX-
pcctrd. 1t proved once more very con
clusively that while short covering was
very effective IN getting prices up after
they had been unduly depressed, it is
not lasting support.
lHt UluIhtI was uOt nHlI 0OuT Olu
this morning before the absence of the
support of short covering was to be
noted in all quarters of the list. The
lacking Of buying power otherwise only
naturally left the entire market more
especially the highly speculative spc.
cialties, vulnerable to the selling tactics
of the rcaCtionists The good effects
of the superficial easing of money rates.
and the optimistic views of Governor
Harding on the credit situation petered
ont overnight. Some of the rosy hue
of the optimism which sprang up as
| result of Governor Harding's more
| hopeful statement disappeared, when.
upon closer analysis, IL was found that
much Of the statement pertained largely
TO the preparations for the movement OF
the crops. rather than to the general
credit situation. In other words. it was
felt that while preparations may be
| perfected, vet the successful carrying
out Of the program might entail an un-
comfortable pinch in money matters in
| the East. In short, while the crop
movement was likely to be made with
| out n serious shake up, yet it was
widely appreciated, insofar as stocl
I market accommodations were concerned
that relief was as far distant as ever.
Little in the overnight Developments
or morning news could be found which
would account for the turn tail move.
ment of the market Technical, rather
than outside conditions. were the para
mount factor, and this was more strong
" confirmed as the day advanced. with
tho outcropping weakness in various
parts of the industrial division. Th,
rubber. tobacco, leather, oils and allied
issues we're the more susceptible to beai
pressure, but by midday the entire lis
was affected
Activity slackened visibly with thu
dropping prices. although the marke
showed little resisting power. TIL,
weakness of the motor and allied issues
again was accompanied by rumors o
adverse trade conditions, concrete evil
deuce of which is still lacking.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
TRANSIT SHARES
WERE STEADIER
Better absorption of Both
Rapid Transit and
Union Traction

m. ,,L,.o,.iol ,oo,,o,,, !, tho
me STUS,"'tI,ar nba rrv"S'tS tS IN. IN % NV
s.trr, ion'Waa Sr" va Tr' Luz, tne n,uSC rlot ro
T%uras.S Ivaaurf 0i 'r ainn i"Cal ,hat tbo
NE M"ulI sre,l',IEnE tno inuiSatS I'M Ia .n
SeI,n,s NOV eaitoHt III .nett SnIlSS - Na az
Idlt TIp"n' us ''F'e loi 'N' Time oe'ns At
'eGSI Enio, Troo.;o, oo,.;,uod IN Inn
mon lraT!Ion I!ao Comilnueu on LAP ZAP
aurlnE tme eaIiI'r i,ailoI's' oIu thsa ~ "fo of
soon lounu oG III" aVS"rp.i 50 u ottor foii
ieL!itsS M"S ''n., o'tl'' 90 n.y. ~ 1rioo
lnE paGN ,m2 iIinS ~ - r., - Hne 49,, ~
vas qilrh'i tHI'',u 49, Loo,,hnn MS &c tbo
10 nut 'ISr RrfJ Ii''rr T.onsit p"fNOU ,biob oIso
sIaIihs ~ ,r.an,io, irt,,. "nnn',or', ~ Gov
envy ny ren.S. Sm.IlIg up 10 80.
No'"Il'H a. 'I'-!utnE - ~. ll"i.siS s4t,n, ~"
ation ",hnt'ru aiti 3t%r 10 Ss,as ,1r,'
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
NEW YORK COFFEE MARKET

New York, July 30.-The market for
coffee futures opened 8 to points lower
this morning on disappointing Brazilian
cables. Trade interests were again SELL
ers, with the offerings absorbed by
scattered interests.
Rio has at last felt the effects OF
weakness in Santos and shows a de-
cline equal to ~ cents since the middle
Of July, with Santos now about ~
cents off and September options, in this
market, showing decline of 1S5 points
within the same space of time.
Little can be expected in the way Of
an advance in this market until condi
tions in the primary markets show
signs of permanent Improvement.
This month, 1S1 900 bags have been
delivered on contract, the largest ir
a number of years past. Most Of the
coffee went to one syndicate of mer-
chants. There were delivered on con
tract today 16,500 bags.
Up to IL o'clock, there had been nc
sales reported since the call, but there
seemed to be moderate buying order,
just under the market.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
Raw Sugars Continue ouIet

New York. July 3O.-The raw sugar
market continues quiet at about the
price level recently established. Sales
on Thursday included 10000 bags Gu
bas in port, TO be diverted to Philadel-
phia, at 15A cents, and 10000 bags
Cubas, aioat, at 16h cents, cost and
freight. also to a Philadelphia refiner.
A New York retiner purchased small
quantities OF full duty-paying sugar for
prompt shipment, at 10 cents while 1000
Orleans sold at 10 cents, C. |. T. I'M
portations consisted OF 16,048 bags
Cubas and 46oO bags Demeraras to the
Warner Co. The local refined market
remains unchanged. both az to condi-
tons and prices, Sales offices OF the To-
cal refners will be closed tomorrow in
accordance with the all-Saturday trade
holiday
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
GRAIN MARKET

Chicago. July 30. - Pronounced
weakness was shown by the wheat
market this morning under fairly, gen
eral selling, led by an eastern shipping
interest. Support was poor until rest
ing orders 10 purchase were reached.
Receipts are increasing steadily and,
with exporters taking only moderate
quantities daily, the supply appears
to be much greater than the demand:
December touched 1927, or only
1c above the old government guar :
antccd price, compared with 81; 20
when trading was resumed on July %.
December opened at S2.32 to S2;3o'
against 50. .33 at the close yesterday,
and. after selling at $2.33, fell to
1921 March opened 5Ac lower,
at S2.31, and fell to $2.20E, but
rallied &c
Selling by a leading commission
house caused sharp re"essions In corn
after a comparatively steady start Al
first, absence Of rainfall over the belt
and talk Of damage to the crop helped
to check offerings.
July opened unchanged at 81. 32,
but sagged to 81 AZ. September started
at 81 .40at to 81 .41B, against 81 .4OM
at the close yesterday. and later sold az
81 40. December started at 81 .2oH
to $1.2G against 81. .25A at the close
yesterday, and later sold at $1.24A.
Oats were irregular. Commission
houses with country connections were
the best sellers on favorable threshinl
returns and fairly liberal receipts,
July started at 7SAc to 7Sc and later
sold at a net advance of Nc, at 78&c
September opened at 695sc to 691ac
against G0Tsc at the close yesterday
and improved to 70bc. December
opened at 60c to 69Ac. against 609s'
at the close yesterday, and later sold a
60&C.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
Commodity Markets
COTTON MARKET

New York. July 30. The cotton
market opened steady, at 8 to o points
decline. October was in relatively the
best demand and shortly after the start
showed a net gain of 3 points, COM
pared with declines Of 4 to s points
on later positions.
Liverpool traded on both sides of the
market in a small way. The South
sold and spot concerns were fair buyers
of the nearer positions.
Business, as wnoie, was compare :
lively slow and some of the local opera :
tors seemed to be evening up for the
week end and the government report
of Monday.
The Liverpool market will be closed
on. Monday, which is a bank holiday
in England.
Receipts at the ports for the day
are estimated at $500 bales, against
4153 bales a week ago, 17,774 bales q
year ago and 413l bales two years ago
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
BUTTER, EGGS AND CHEESE

Chicago. July 3O--BUTTTR was weak,
Receipts, lO,Q37 tubs; C'ymery higher
(02 scorc) 55@ 55a G. creamery, firsts (SS to
OF scorel, 81. a5iac; packing stock cur
rent make, No. !, I4c,
EGGS were irregular. Receipts, II. 642
ca sos. Fresh gathered, extra frsts, SIG
sac; fresh gathered hrsts. 47d soc; state,
whites, firsts to extras. 80 roc: state Penn
sylvaRia and nearby western hennery,
browns. extras, 5BQ82c; state, PennsylYa-
Mia and nearby gathered browns and mixed
colors, hrsts TO extras, 4S@ SOC. .
CHEESE was steady Receipts. 1888
boxes. state, whole milk, mats, current
make. white and colored, specials, 27@ 2sc:
do, average run. 25h Q20hci state, whole
milk, twins, current make, specials, 26h "
2Tho. do. average run, 25@26c.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
INTEREST IN CURB
ISSUES SLACKENS
Market Restricted Because Of
sIowness Of Trade on
Stock Exchange

New York, July 30.-lThere was little
feature on the Broad street curb today
the market restricted by the lack Of
vigor to trading on the stock exchange
General Asphalt sold at 59K. but
later yielded to 50. Ryan Consolidated.
which had a sharp break, followed by q
rally early In the week, was again under
pressure and declined to 20Jb. Mara
cai6o ranged from 21M to 21A.
Simms Petroleum was steady. selling
at IAN to Is. International Petroleum
sold at 3211a. Arkansas Gas was traded
in at In to IL. Submarine Boat was
weak, dropping to 10h.
International Products was excep-
tlonaiiy III 11iy strong, moving up from 2o@
to I'm. Hercules Paper sold at 26.
rNnr-oru,.x.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
DIVIDENDS DECLARED

Detroit United Railways, quarterly Of So
payable September to stock OF record Au-
gust 16.
General DEVELOPMENT Co. quarterly OF 80
cents. payable August 20 to stock OK record
August 5.
Standard Sanitary Manufacturing Co.
quarterly OF IN per cent on preferred; quar-.
tcrly OF Ia per cent on common, and extra
OF per cens on common. payable August 10
to stock OF record August b ~
Continental Paper and Bag Mills quarterly
OF la per cent on common and ~ per cent
on preferred. both payable AuE;ist ID 10
stock of record August 7. W
International Harvester Co., stock diyi.
common stock on or before September is &c
stock Of record August 90 ~
General chemical Co, quarterly Q per
cent on common, payable September Ia
stock OF record August 20.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30

time, per cent; commercial paper,
three to six months, per cent
(NOte-These are merely nominal
quotations. as tho legal rate of interest
In the state of Pennsylvania is fixed at
8 per cent. Plus premium and com
mission time money for thirty to ninety
days Is loaning at to S1a per cent,
while commercial paper from three 10
fix months is being offered at to SO
per cent?
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30

Discount rate corresponds with interest
rate borne by certificate pledged as collateral
with minimum OF ; per cent in the case of
Philadelphia, Atlanta and Kansas City and
"a per cent IN the case OF San Francisco.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
MISCELLANEOUS
LIVESTOCK QUOTATIONS.
TONOPAH STOCK

Chicago July NEUTRALITY-SUSPICIOUS.
1000 head. Coed ard choice steers strong to
steers draggy; top Sl7; best "she" stock
STEADY bulls, medium cows. Gamers and
calves Lower; good and choice. vealers. 500
HoGs-,ReceIp.s 10, 900 head. First sales,
10 LOG higher, later steady to strong at yes.
6Gra3Gws GytcbT eysrsEe .i Top $40 40; bulk. llght
sl3.75ql42 25; pigs, steady,
.,di sadEEPT%Reoeipts I'll u 900 head: GENERALLY
t146 Bulk native. Sis914,5b; western
wethers. $50; feeder lambs SiBi2.50,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
BAR SILVER

Domestic bar silver was quoted In
New York today at 9shc. unchanged
foreign 90 sc, a decline of Nc In Lon
don, the price was Sd higher. at b6Ad.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
MoNEY.LENpINe RATES
PHILADELPRIA-Call, 6

NEW YORK-Money on call, both
..asses Of collateral opened today at
per cent for lending and renewing.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
FOREIGN EXCHANGE

New York, July 30.-Sterling was
weaker At Il decline OF IA cents and
francs were stronger at a rise Of 10
points in the nominal opening Of the
foreign exchange market this morning.
Lire were unchanged and marks We're
up : points
Quotations were:
Demand sterling 3.71A cables 3.72;
franc cables 7.66, checks 765; lire
cables 5.33, checks 5.32; Swiss cables
5s5, checks 5.S7; Belgian cables 1925.
checks l2,27 guilder cables Bass, checks
3iit pesetas cables 1887, checks 1882;
Stockholm cables 2l.10, checks 21.05;
Chrst!ania cables 1880, checks 1873;
Copenhagen cables 1880, checks 1873;
marks 2.35.
Yesterdays CLOSING QUOTATIONS
Sterling Francs Lire Guilders
cs6ss cssso 49,. " $is $si7as ss 40 ?5s 80 $t$G s4ss
ToDAYs OPENING QUOTATIONS.
Sterling Francs Lire Guilders
osTs9d I sg;ss ...' 8375i" 77SSSS s,ss33 stA
NOON QUOTATIONS
Sterling Francs Lire Gullders
rab.es ..,.. 3.7lh 7G2 $40 1925
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
BANK CLEARINGS

r.,nk clear!ngs today, compared with cor
TrsD-uIlnG day last two years:
p,no lo33 $40 81 7Si" ass ,77i4gi14S Ss4s
y York $50. o3s,G7S s93 8i8,65 S4o'ii7, 8i6
Baltimore 1898 9G7 l9,Gs4,3l4 ........,
Boston 55.S7l,135 62, s3i 049 ..,.....,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30


East Buffalo. y. Y. July 8O.-CATTLE-
Receipts, 400 head, Steady. Caives--Re-
ceipts' 1850 head One dollar higher at 50
HoGs--Receipts 1000 head. Fifteen cents
to 2oc higher. Heavy, ;l8.25 GIG SO; mixed
SsckeF:: Ssck FSt rdSrSS do SSd PE' :is
SHEEP AND LAMBS-Receipts, 800
head; LAMPS 60e lower. Lambs, IS q ID 2b:
$500 mixed sheep, s9@8,50.
East st.. Louis. ILL.,. July CATTLE
steers, s12,bo; bulk, s1o@i2; yeaTiins steers
and heifers steady; canner cows steady at
tS,75 %; oSi bulls steady: calves Soc loweri
HOGS--Receipts, 5000 head, Marke:. 159
2Oc hisher. Tor. $40 80i bulk. lisht and mo
SHEEP = Receipts. 1000 head, Market
bulk. sI26o@la,5oi top ewes, 1850; bulk,
s70I.50.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
Reserve Banks Discount Rates

Official rediscount rates at the twelve
Federal Reserve banks are as follows:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-30
YEsTERpAYs CLOSING Quotations

TODAY's OPENING QUOTATIONS
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1920-11-19
JAPAN, U. S. AGREE
ON LABOR EXCLUSION

Tokio.-Newspapers here report that
the Japanese and American govern
ments have reached an agreement in
principle relative to the exclusion OF
japanese laborers from the United
States. 1t Is asserted, however, that
there is a disagreement regarding the
methods to be employed. America is
understood to desire provisions for ex-
clusion embodied In a treaty, but Jap
an. It is said. regards this procedure
as humiliating and as forming a pre-
cedent she might be forced to follow in
future treaties. Japan is said to de-
clare that measures prohibiting her
subjects from emigrating can be taken
only on her own initiative.
In other respects the negotiations
are progressing. II Is reported. and,
once this point has been settled. an
agreement may be expected.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1920-11-19

prepared by the United States Depart
ment of Agriculture.)
Recipes are guides for the cook just
as paper patterns are guides for the
dressmaker. The good dressmaker
does not purchase a new pattern for
each new garment that she makes but
uses her plain sleeve. her plain waist,
and her plain skirt patterns and alters
them TO meet individual requirements
and current styles. So the homemaker
should learn to simplify her food
preparation by using few basic or
standard recipes. learning the general
proportions of ingredients In them and
the standard method OF combining
these ingredients and varying these
blindly following every new recipe mp
pearing In cook book. magazine or
newspaper. To analyze these new
recipes. says the Office OF home eco.
Monies, would be to find that almost
all of them are variations OF u few
simple patterns or types. divided or
multiplied, differently favored. baked
In u new form or otherwise changed In
some such detail.
Quick batters and doughs make up
n large group of our common foods
for which recipes are almost endless
yet all are variations of the few types
given In the table.
How to Mix the ingredients Except
for Pasty).-Aiix sugar with shorten.
Ing. Add egg Tin some cakes only the
yolk is added at this time-the sepa-
rated white is folded In the batter at
the lasU. Add liquid and sifted dry
ingredients alternately.
The Way to Make Pastry.-Ailx fat
and -four thoroughly, then add water
slowly. Mix and roll thin.
All of these basic recipes can be
varied In n number of ways. Take the
plain cake for example. BY varying
the fiavoring. etc. one can have many
recipes from the ne-pattern recipe.
Variations With One Batter.
For Layer cake-Bake batter IN
layer cake tins. The various layers
may be differently colored II desired
Put together with filling or frosting.
For Chocolate Cake.-Add one
square chocolate Zone ounce or one
fourth cupfuD and one tablespoonful
less of -four than called for. Or while
melting chocolate, make thick paste
with two tablespoonfuls boiling water
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1920-11-19

cooking II until thick and of about the
same consistency as the cake batter.
In the latter case the full amount Of
-four may be used.
Nut cake.-Add one-half cupful fine-
ly chopped or coarsely ground nut
meats. Decrease fat one tablespoon
full.
Spice cake.--Add one-half teaspoon
full cinnamon and one-fourth teaspoon
full cloves
Very Dark Spice cake.-Use brown
sugar In place OF white and one-half
teaspoonful each of cinnamon, cloves
and nutmeg.
Ribbon Cake.-Add to one-third the
batter one-fourth teaspoonful each OF
cinnamon. cloves, nutmeg and one
fourth cupful raisins cut into small
pieces Bake dark batter as one layer
and light ms two. Put dark between
with raisin jelly. fruit. chocolate or
any desired filling. Or. divide batter
and color as desired. pink, green.
chocolate. etc, baking each portion
separately and put together.
Silver or White cake.-Use four
whites In place of two whole eggs anu
add one-half tablespoonful butter.
Gold or Yellow cake.--Use four
yolks In place of two whole eggs.
Marble Cake.-Coior about one-thlrf
OF the batter by adding two table
spoonfuls molasses or one Tablespoons
full cocoa or one square chocolate. Put
the plain mixture In the tin and into
this drop. by the spoonful, the dark
mixture. This makes notified light
| and dark marble effect.
Any OF these may be baked In loaf.
layer or muffin tins. The cake In the
illustration was made by using double
the plain cake recipe. dividing the bat
! ter into quarters. and varying tho
havors. To the batter used for tho
bottom layer. one-fourth cupful OF
raislns and two tablespoonfuls OF
shredded cItron were added. To the
next portion. one-half teaspoonful ct
cinnamon, one-fourih teaspoonful all
spice and one-eighth teaspoonful of nut
meg were added. The third portion
was left plain. while the fourth por-
tlon or the top layer had one-third
square of melted chocolate added to 1t.
Many other common recipes can be
grouped In the same way as these bat
| tiers and doughs.
Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1920-11-19

men and women, who remained behind.
From the humblest worllmen to the
highest paid executive in the Edison or
ganiZation, everyone seemed determined
Ito make good, while the Old Man was
away" Vacations were passed up and
doctors orders were ignored by jealous
employees, and, as a result, the Edison
Manufacturing Laboratories were enc of
the few manufacturing concerns in the
United States, where there was no loss
of efficiency, during the war, and where
there was, in fact, an increase in effici-
ency.
During the war, Mr.. Edison spent
most of his time on the sea coast or at
sea. On those rare occasions, when he
visited the Edison Laboratories, it was
difficult to gain his attention, for more
than a few minutes, with reference to
business matters. He did, however,
state that the Edison Photograph was
his pet invention and he hoped that his
business associates would be able, in
some way OF other, to avoid any increase
in price, and that, if there must be an in
crease, he wanted such increase to be
just as small as it could possibly be
made. Mr.. Edison said: Il am willing
to stand the gait Music is an important
thing Let us make it as easy as pos
sible for people to have music in their
homes in these nerve-racking days"
What was the result The wonder
full realism of the New Edison, '"The
Photograph with Soul" made it desir-
ed above all other monographs, and its
sale was stimulated by the fact that the
increase in price was negligible. The
demand soon far outstripped the supply.
Overhead and sales expense were reduc-
ed to the minimum and, thanks to Mr..
Edison's willingness to absorb large
share of the increased cost of manufact-
ule, it was possible for the Edison Lab
oratories, by accepting merely nomin-
al profit, to avoid any substantial in
crease in the selling price Of the Edison
Photograph.
1t will be many years before the gen.
eral level of commodity prices is as low
as the present price of the Edison Phon-
ograph. Leading bankers have express
ed themselves as willing to lend money
on Edison Photographs, because they
know the selling prices of Edison Phono-
graphs are not going to be reduced.
Let us reiterate that when you buy an
Edison Photograph today you buy be-
fore-the-war value with an after the war
dollar. If you have any fear that there
may be reduction in the prices of Edi-
son Photographs, we are prepared to
give you full assurance on that point.