davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1920-11-29

Defation adversely affected the stock
market long before it began to sway
the changing price level of commodi-
TIES, and 1T is not improbable that the
downward movement will have snent
itself in the securities mart before
commodities have attained minimum
prices. Last week, although the stock
market revealed greater defensive
power against thrusts of seekers after
further recessions, the quotations for
'otton, wheat and corn continued to
sxplore new low levels. There Is still
lack of confidence in the stability of
current commodity quotations.
This is the open season, however
for predicting that the bottom has been
reached in the stock market. In asses
sing the value of such representations
hindsight is always better than fore
sight. In recent weeks the amazing
thing has not been how often the law
Of chance converted expressions of
opinion about the future into reality
but how unanimously wrong the
prophets have been. Instead of follow
ing bad example, the editor of The
Standard Daily Trade Service expresses
his belief that the worst of the sellinp
movement seems to be about over, with
out trying to make public schedule
of when the various fluctuations will
New-York tribune., 1920-11-29

take place. 1t will be interesting to
check up these observations in the
light Of subsequent events
"The decline in stock prices" says
this publication, has reached a point
where the investor may buy good Sc
curities with the confident assurance
that he will in time reap the rewards
which always come to those who inves st
after period of prolonged liquidation.
Prices may go lower, but whether they
do or not it is sure that they will go
much higher than they are now before
the next stage in the economic cycle
is completed
What bankers of vision saw manv
smonths ago as bound to come as a re-
suit of the widespread liquidation in
the business and industrial world is
here. The greater ease in the general
credit situation now patent was pre-
dicted as long ago as last July by
financial experts. 1t was scheduled to
follow the fall in prices and the slowing
down of commercial activity. Up until
last week the effect of the dehation
has been more apparent in the stock
market money supply, where rates have
fallen below 6 per cent for the first
time since December, 1919. But now
the commercial money market is be-
ginning to reflect the same tendencies,
Last week the open market rates on
prime bankers acceptances were shad-
ed, and q leading national bank an
nounced a reduction in its commercial
rediscount rate from Z to per cent,
explaining its action with a statement
that "this is proper and fair course
to pursue in the interest of business in
general, and, further, that it will con-
vey to the public mind justifable re-
assurance of the progress being made
as a result of the policy of the Federal
Reserve Bank" This Immediately sug-
gests the possibility of reduction in
the rediscount rates Of the Federal Re-
serve Bank, but the position generally
taken in we'll informed financial circles
is that the time is not yet ripe for such
move. That, 1t is said, is not. likely to
happen until next year.
The leading foreign exchanges have
experienced a natural recovery from
the severe setback of fortnight ago,
but Fundamentally there has been no
change in the international credit stu
alton. The stream of exports from
this country continues to flow in large
volume in terms of dollars. The Octo-
Der foreign trade figures show exports
in excess of S700,000,00O The sale of
exchange against the expectation of
this great mass of goods has pressed
heavily upon the market, and it is not
surprising that foreign moneys should
be at such a discount. Gold imports
into the United States are heavy. This
is one of the ways that American goods
are being paid for. The British Treas
ury has begun a new movement Of gold
to the United States to meet current
needs in the market, and shipments
last week aggregated S1O,O00O0O. 1t is
to be expected that more gold will come
in on this account. About the only
drain upon American gold reserves is to
Japan, which is drawing in excess CT
S15,O00,000 out of the country this
month
The Washington times., 1920-04-09
French Bank Rate Increase
Indicates Crisis in Ma
tons Financial Position.
by BOERsIANER.

A furor-like stock market was Civ
en- a major and minor sedative late In
the session through fear OF a nation
wide spread OF the Chicago strike and
an Increase In the discount rate by
the Bank OF France.
The Bank OF France. in the matter
OF rates, moves very slowly. Only
In the gravest crisis is the premium
changed. and then relatively nomi-
nally. when seventeen months after
the armistice the French bank lifts
Its rate the reason must be. as IL
were. constitutional. While England
has managed to raise sterling ex-
change, France has done nothing.
apparently, to protect the franc. The
last national loan, though successful,
Another and still lkrgsr offering Is to
be made to meet a Fundamentally dis
turbed condition.
England Is more expedient and i'm
pressive even though the expedience
does not impose upon the discerning.
Today the cues we're somewhat ILL
timed. simultaneously with the An
nouncement that a Cunard liner had
brought over 100000 gold II was
stated $4,000. 900 would be sent to
Buenos Aires Saturday. Hitherto the
arrivals and departures of the metal
have not been so manifestly dove
tailed. Several days were allowed to
elapse ere the gold that came from
England was ticketed to Argentina.
Presumably. IL 10 some consolation
to easily impressed critics to have at
least q look at the gold which soon
leaves for the Argentine. II a bal
ance 10 struck on what has come for
Europe and on what has gone to
South America, II will be found this
country is a loser thus far, although
there have not been and are no Ameri-
can debts in South America The tri-
angle Is Elusive, but not completely
binding.
The Washington times., 1920-04-09
LOCAL FINANCIAL
AND
BUSINESS GOSSIP

Thirty members or the Washington
Chapter OF the American Institute OF
Banking were nominated last night as
candidates to represent the local
chapter at the annual convention OF
the American Institute OF Banking TO
be held in Boston, June 10. 10. IL.
and Is.
About nfteen delegates win BIO Sc
lected from the list OF candidates at
a meeting OF tbs chapter April %.
Each chapter OF the American lnsti-
tute OF Banking IL entitled 10 one
delegate for every twenty-five mem
bers. The Washington chapter has
approximately 375 members.
A. the meeting for tho selection OF
delegates TO the annual convention,
the nominating committee OF the
Washington chapter. consisting Of
Edward J. McQuAde, w. w. Spaid, and
Frank q. Addison. jr, will present
the names OF nominees for officers OF
the chapter for the ensuing year. The
election Will be held next month.
The list OF candidates to attend the
annual convention include Victor Is.
Deyber. 1. J. Roberts, Ross Pollock.
Harry V. Haynes, W. w. Spaid. n. Il.
Towson, Avon NJ. Nevius. Roy l.. Neu-
jr.: Frank q. Addison, jr.; Charles ID.
Boyer. +. Il. Dovereaux, william 3.
Lavender. Raphael Calvo, Jesse
Cheney. Edward J. McQuade, Glenn
Davis, J. y. Mallory, Albert Il. Fisher.
w. J. Waller. r.. M. Garnet, George
D. Herman, Clyde M. Noble, II. w. Ire
land. c. Louis Ecklon, G. w. Shoe
maker, J. Frank Rice, n. II. Steffens,
and ID. +. Hepburn.
The Washington times., 1920-04-09
PRESIDENT KEEPS EYE
ON RAILROAD STRIKES

President Wilson and other high
Government officials today are watch
ing carefully events In connection
with the widespread, unauthorized
strikes OF railroad workers.
Full facts as to the gravity OF the
situation have been laid before tho
President. and he is Fastening COM
pletion OF the railroad wage board,
created by the cummins-Bsch BILL
which would afford machinery for the
settlement OF the strike.
Further Government action to curb
the strike may be taken II conditions
do not Improve; but at present. the
attitude OF officials is that the strike
can be curbed by officials or the
railroad brotherhoods. and the Gov
eminent is inclined TO allow those Of
ficials to deal with the situation,
rather than use the force or the Gov
eminent.
The American Federation of Labor
is watching the progress OF the strike
with some concern, for the movement
Is regarded as a dang~SSss one to
organized labor. All of th- higher Of
ficials OF the federation are now out
OF the city, most OF the railroad
union officials being en- route to Kan
sas City, where they are to hold a
On
Z. j. Conlin. assistant secretary or
the railway division of the federation.
declared that his department VIII
keep aloof from the strike and VIII
expect It's members to abide by orders
OF their leaders. At the office of
President Gompers II was stated that
he would not take any official rccoB-
milton OF the strike.
Labor leaders here today charged
that "stool pigeons" Of the railroad
companies arc agitating strike among
the railroad workers as part OF q
conspiracy to disrupt the unions. ana
are responsible for the present trou-
BILE.
They express fear that action Will
be taken at the convention OF the ~ IL
force an authorized strike of the
American Federation of Labor, which
opens in Kansas City next Monday. to
The Washington times., 1920-04-09
TOOAY'S SALES.

Metropolitan r. X. SIS. 81, 900 q 00s4
81, 00OG00A: $1,000 g90A.
Washington Railway and Electric,
common, 1000.
Washington Gas. 10G46A.
Continental Trust Co., lO0110; 100
40; 1OG1lO.
National Union Insurance Company
26G62.
Mergenthaler, 5g135: 7Gl35h.
Columbia Graphophone. CON-, 1920
q5Ok: 11-20q00k.
After call
Riggs Reality Long SIS $1,000 q o.
S4OOG9O.
Washington Gas SIS. $500 a set.
Capital Traction, 100 IS.
The Washington times., 1920-04-09

CALL MONEY.
Open High Low Close
8 7 6 2
The Washington times., 1920-04-09
RAkROADSTR|KE
NOW NATIONWIDE
Defylng Authority Men Have Al
ready Walked Out in twenty
six States.
Continued from First PagsJ

president OF the Switchmen's Union
OF North America. made such a plea
was typical.
This strike Is Illegal" declared
HeberIIng, after a prolonged greet
ing OF jeers and Kisses. you can't
get away with Il. DO you think you
are bigger than the United statesr
Eyes" shouted his 600 hearers in
chorus.
Al several OF the meetings men
known TO be members ot the ]. w. w
The Washington times., 1920-04-09

addressed the strikers and were loud
ly applauded. Ad one such meeting
John Krietz. a s~itchman, who arose
and urged his fellows 20 return 10
work, was shot. lie was taken away
before the police arrived.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11
D0RMIT0RY GIRLS
HAVEBIC PARTY

The first regular party of the sea-
son was given at the dormitories last
Saturday evening. -..-..
A number of young men from town
and those attending the Normal
school were guests. .. .. ....
The dining rooms were decorated
appropriately for Halloween, a num-
ber of ghosts and witches making the
occasion more realistic. Two booths
were provided for the purpose Of for
tune telling where a palmist and an
astrologist were kept busy most of
the evening. Part of the program
consisted Of singing by some of the
girls accompanied by ukuleles after
which eve-y one took part in a grand
march and in the Virginia Reel. The
remainder of the evening. was spent
in round dancing after which refresh
ments were served. i
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11
RED CROSS OF PEACE

am the Red Cross Of Peace; the
outgrowth of wars travail; a re-
awakening Of the interests Of nation.
Consecrated to the needs Of humanity
and inspired by the love Of man for
his fellow, l go forth TO help the un-
fortunate, to make strong the weak,
to teach the gospel Of clean living and
well being. 4
give aid to the needy and help
them lift themselves up out Of adver-
sity I welcome into my house those
who are, heavy laden, and give them
rest. I lave the wounds to mems
souls.
I am refuge from fire, and flood,
and pestilence; sheet anchor against
the tempest Of calamity. The love of
little children is mine, that they may
grow to the full fruit Of manhood and
womanhood. Ny interest is in the
welfare Of the community. ease the
way Of the cripple. l am compassion-
ate Of the aged. Ny exultation IS in
the strength Of mankind. teach. /
lead. serve.
am the Greatest Mother, brooding
over the sons and daughters of men,
that the may go forward, strong and
well and happy, to the upbuilding of
the Nation. NJ,
am the Red Gross Of Peace.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11
ALLEN HOME WAS
OPEN TO GUESTS

A group of faculty members, twen-
ty-four in number, was very delight
fully entertained at dinner by DR.. and
Mrs. C. E. Allen on Thursday eve
ming of this week. .--- ,,' aa
This entertainment was the last Of
a group of three similar entertain
ments which have been given by DR..
and Mrs Allen to members of the
faculty.
Following the fine dinner much
pleasure was experienced in the play
ing of some very interesting games.
One particularly interesting game
was in the form of questions answer
ed by music, with Miss Josephine
Wright at the piano. The games
were followed by various" stunts"
Altogether it was an evening of great
joy and satisfaction not only to host
and hostess but to the guests as well.
sss N. N.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11
COUPLE ARE MAR
RIED AIT DETROIT

From the Detroit, Mimi, Record, We
take the following item which will
prove Of interest to friends Of the
young couple here Mr.. Codding is a
we'll known young business man OF the
city, being city salesman for the Val
ley City Fruit Co., and has host OF
friends, both in the business and so-T
cial circles of the city. We extend
congratulations to the contracting
parties.
"A quiet home wedding was cele-
brated at 2 O'clock on Monday after
noon at the residence Of Mrs. s. F..
Phillips, 116 X street, Berkshire Park,
when her daughter, Phoebe T., became
the bride of Mr.. Hurleigh L. Codding,
of Valley City, N. Oak. Rev. J. Will
bert Lillico, Of the Methodist church,
officiating in the presence Of only i'm
mediate relativs of the contracting
parties. The decorations were chrys-
anthemums and bitter sweet.
Refreshments were served and lat
er the young couple left on a short
wedding tour to the Twin Cities and
other Minnesota points. NV
"The. bride has large acquaintance
here but during the past three years
she has been teaching in the public
schools of Valley City. The groom is
city salesman for the Valley City
Fruit Company, and the young couple
will be at home after December 1st
at 919 Fourth avenue North Valley
City. g
"The out-of-town guests were Mrs.
Wm E. Moore and daughter Jessie
Mrs. Knute Froysaa, sister of the
groom; Mr.. and Mrs. Frank Heimes
and son Donald, all of Valley City;
Mrs. Heimes being a sister of the
bride. -.".
"The Record joins with other friends
in extending Fluctuations to Mr.. and
Mrs. H. L. Codding, and in wishing
them their full share Of all the good
things of life"
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11
BARNES COUNTY
CHAPTER RED CROSS

Miss Anne Ferguson, field represen-
.tative, in report to Division Head
quarters at Minneapolis, "The Barnes
County Chapter is one of the busiest
and best in the Division"
W The Chapter completed it's formal
organization May Fl, 1917, being one
of the first in the Division to obtain a
charter. It's executive officers at that
time were George A. Mcfarland,
chairman; J. ]. Farley, vice chairman;
ID. O'Malley, treasurer; and Mrs. F.
W.. Heidel, secretary. Mrs. Heidel
was succeeded by G. w. Hanna in De-
cember 1917 and in February 1920 ].
j. Farley was elected chairman in
place of George A. Mcfarland, who
resigned following his removal from
the jurisdiction Of the Chapter. The
officers above named and Mr.. A. P.
Hanson Of Litchville constitute the
Executive Committee, which is the
governing body of the Chapter. These
gentlemen meet regularly each month,
and oftener if required, to review the
business Of the chapter and to outline
plans for future work Thus the bus
mess Of the chapter in all it's activi-
ties has received and is still receiving
the regular attention of intelligent and
Experienced business men.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11

production of ten pupils in the Junior
High School Of Valley City of pro
gram by which, making a nominal
charge of ten cents, they raised $75
for the Red Cross. In production
work, the Junior Auxiliary made be-
fore January, 1919, over $500 hospi-
tai supplies and refugee garments.
An interesting item in their work was
the sending OF thirty boxes Of Christ
mas toys made BY pupils of the first
eight grades of the Valley City
schools, to Duluth in 1918, for the fire
sufferers. Under Roy E. Divers, the
manual training students were very
helpful in the production of splints,
toys aand boxes for packing supplies
for shipment, as well as along other
lines. A contribution Of $500 was
made in January 1919, for the COM
pletion of the convalescent home at
Fort Smelling, a gift much appreciat-
ed at Division Headquarters in Min
neapolis. In May 1920, the sum of
$500 was sent in for the National
Children's Fund, in addition to other
amounts turned in previously.
Civilian Relief work was weA or
ganized during the war, under the d.
rection Of Rev. Willard c. Lyon, who
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11

Red Cross membership dues for the
year 1921 are payable during the week
Of November 18th to 25th when the
fourth membership drive in the North
ern Division takes place. Over one
half of the money received remains
in the chapter treasury. Since its
portion Of the dues obtained from
members is the only regular source Of
income of the National organization,
upon the receipts Of this drive de-
pends its continued existence. Prompt
remittance of dues, and enthusiastic
support Of the drive are therefore
necessary to insure the carrying out Of
the extensive Peace Time Program
which has been planned by the Red
Cross.
In addition to establishing for it.
self a splendid production record in
woman's work activities, the Barnes
County Chapter has made important
contributions in money to the Red
Cross, including $4,000 chapter sur
plus funds in January 1919, and con-
siderable sums from the Junior Red
Cross organization. The chapter has
been active also along various other
lines of Red Cross work, particularly
that of Home Service, thereby carr ing
reputation expressed il the words Of
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11

In financial matters, : the Barnes
County Chapter has shown unusual
energy and ability. Immediately aft
er organization in May, 1917, men,
bership drive was put on arousing in
terest in the work and bringing to
the chapter a sum Of over 81 200. A
second campaign conducted in Novem-
Der, the Thanksgiving Drive" result
ed in the subscription of more than
$4,000. In May 1918, when the Sec
ond War Fund Drive was carried on,
Barnes county with a quota of SIS 900,
subscribed SAC, 0,345.23. Of the money
in the treasury at the end of 1918.
$4,000 was remitted to Division
Headquarters at Minneapolis as the
chapters surplus funds. The total
receipts Of the organization for the
two years from April 21, 1917 to
April 20. 1919 are reported to be $97,-
02O.22. .t.
The department of women's work
was established actively in the sum-
mer of 1917 with Mrs. Henry E. Mel
son as chairman Of the supplies COM
mittee. The making Of surgical dress
.ings, hospital supplies, knitted ar
ticles and refugee garments was Wig
orously pushed, particularly during
1918 when, with the movement of
+ American troops in large numbers ov-
erseas, the necessity of concentrated
efforts along these lines was realized.
So successful was this department
that Mrs. Mabel A. Hall. director of
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11
After the signing Of the armistice,

After the signing of the armistice
the Barnes County Chapter continued
operations, particularly along the line
of home service work. With the for.
nation Of the Peace Time Treaty Pro.
gram by the National Red Cross il
the summer Of 1919, much interest
was aroused in this expansion Of the
work which the organization had done
during the war; and Barnes County
Chapter determined that in this new
phase of activities they would not fall
behind the excellent record which they
had made in wartime production.
In the summer of 1919, Miss Mil.
dred Noltimier, assistant secretary fo1
the chapter, was sent to attend q
course in social work at the Univer.
sity of Minnesota, qualifying her to
take charge of home service opera.
tions in the county.
At this time, the committee was re-
chairman, Miss Noltimier, secretary
and Mr.. Lyon, as the third member
The need of county nurse to be en-
ployed either by the school directors
or by the Red Cross was recognized
and steps were taken to make provis.
ion for financing the work.
During the influenza epidemic a
year ago the Chapter officers engaged
!. the exclusive services Of Miss Can.
ming to act as visiting nurse, with in.
structions to visit the afflicted thru.
out the county wherever found, more
especially the poor and needy, and tt
ask no questions whether those in neeG
were members Of the Red Cross OF
not. Miss Stangeland, another com
petent and faithful nurse, was, alst
employed on part time in similar ser
vice. Under this plan many families
received helpful suggestions relative
to the care Of the sick who would have
been unable to obtain the services o1
a regular professional nurse. Thu
doctors of the county without excep
| ton rendered loyal cooperation will
the Chapter plan. Miss Canning
served continuously in this capacit!
under Red Cross, auspices and at tn,
expense Of the Chapter for time ant
travelling expenses until the epidemic
had passed. It is not eNaggeration tt
say that several cases might hav'
! proven fatal had it not been for thi
! special Red Cross service at a critica
time. y ,.4-." .s.
Glasses in Home Hygiene and Car
| Of the Sick were started on March Is
1920, under the direction of the chap
ter; and with Miss Hadassah Work,
Red Cross nurse, as instructor, mucl
interest was shown in these courses
and up to June this year 1853 person
had completed the work, and severa
new classes were in process of forma
ton. This work is still proceeding
and will proceed until all parts of tn
county have been covered. The mat
ter of permanent Red Cross nurs
for the county who will work in con
junction with the County Superintend
ent Of Schools is now under consider
alton by the Executive Committee.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1920-11-11
.TETRAZZINI
SINGS IN LONDON

On October 10, Of the present month
Nine. Luisa Tetrazzini sang con-
cert in London, Eng, on her way to
the United States where she will make
a coast to coast tour. Among the
many fattering accounts of the event
in the London press of the following
day, is that Of the London Graphic:
The Tetrazzini concert at Albert
Hall yesterday afternoon was mi
racle... Long queues stretched around
the enormous building and there was
crush at the box Office bigger than l
have ever seen. The hall seats 10000
people, and it is suppose d to hold
$4,000 with people standing in the
galleries. Yesterday's audience was
estimated at 1899 and myself, Tet-
razzini, who was beautifully dressed
in a green gown with marvelops en-
sbroidery, and H who wore a laurel
wreath, had great reception. In the,
"Bell Song" from Lakme" she took
the finale over again with brilliant
success. Rarely have I seen such
beautiful flowers as her admirers
handed up at the end the bouquets
containing lovely chrysanthemums
and roses. TetrazZini herself stood
distributing signed autographs,
throwing them over the orchestra to
her friends.
Of her concert the Daily Sketch
said:
You may care or you may not for all
that Tetrazzini's voice is helping to
prolong in the world Of opera, but
there is no doubt about her drawing
power. That egregious O, Albert
Hall, was filled to the roof yesterday
with a delightful audience. There
were bouquets the size of corn sheaves
for Tetrazzini and young autograph
hunters broke onto the platform to-
ward the end with programs and pho
tographs for her to sign. She took
all Of them with great good nature
and even made the speech that was
shouted for: If you lik I will kan
again next year" Fargo, November
19, 1920.