davidaulloa/AmericanStories huggingface dataset:
The evening world., 1920-06-25
SHORT SHIPPING
ISENDS BEEF PRICE
4 SKY HIGH HERE
Local Dealers See Deliberate
Plan to Force Costs Up
in New York.
BHP. @. Fog.
Especial Food Expert Of The Evening
WORLDLY

AKNNNAAN WV NsssRNsh " wv -NNNNNNf
Worldly
The wholesale market on fresh beef
hAa been forced up 70 30 cents a
pound. the record price. with one OF
teo exceptions. ever known. This,
local market circles believe is clear
" the result Of short-shipplng New
York and forcing up prices here.
which serve as a barometer of values
FOR the rest Of the United States.
On May IL live steers known a.
good grade. were selling in the Chi
caEo yards at II cents 20 ~ cents q
pound. while the same grade sold
Yesterday at l5k cents to 16k cents,
40 advance OF az cents per pound In
forty-three days. on May II good
dressed steers were Wholesaiing In
New York at 1B cents TO 10 cents.
Yesterday the same grade sold at 20
cents TO 30 cents. an advance OF II
cents per pound. with the same grade
oe dressed beef selling In Chicago yes
tardey at ~ cents 70 IS cents q pound.
or cents TO cents a pound cheaper
tiian in New York, although the dif-
farentiai In the freight rate 10 not
more than / cent a pound.
The above figures are furnished by
the United States Government
In the wholesale market yesterday
hinds and ribs of prime steers we're
CHARGED for at ~ cents to 20 cents a
Sound, as 70 grade. which is IL cents
e. pound higher than In the second
week Of May. The manager OF laEge
market in Harlem said consumers are
ullbstituting some other cheaper meat,
ana the marag7r Of chain Of meat
The evening world., 1920-06-25

Cut top slrioin......... SIC TO SEC
Chuck steak. 3lc 10 3sc
Whole crOssrib. .....,.... 41c 10 45c
Cut Crossrib. .......... 45c to 49c
Stewing beef. 33c to Soc
Pot roast. as TO cut..... CSC to 35c
Pork-Loins, light pigs. ..... 33c to 34c
Doins, heavy hogs. zoe to 32c
Pork chops. as TO size.... 36c TO 40c
Hams. fresh............ l0c TO 45c
Hams, smoked. d.......... 4ic TO 45c
Hams, advertised bra nds. 42c to SIC
Shoulder Of pork, fresh. 2sc to 30c
Shoulder OF pork smoked. 30c to 36c
Bacon, whole strip. .,... 45c TO Soc
Bacon, medium. ....... 40c 10 45c
Bacon, army timed .. zoe 10 33c
Veal--Leg milk veal. ,.,... 3ic to 35c
Leg milk veal, small. 80. 2Sc to 32c
Shoulder OF veal. ......... l9c to 24c
Lamb--Ieg spring lamb. 42c TO 46c
Leg winter lamb. ..... 40c 20 42c
Rib lamb chops. ..... 4Bc to 4sc
Chucks OF lamb ........ 29c to 35c
Slowing lamb. ......... 22c to 2sc
FiSh--Bluefish ..,........ 32c TO 35c
weakflsh ......,....... 23c to 25c
Spanish mRckerel. ...... CSC TO 3Oc
The evening world., 1920-06-25

markets In Harlem and the Bronx
claimed a falling on OF more than
Is per cent In meat sales, due 70 the
present high prices.
FRESH VEGETABLES PLENTIFUL
IN THE LOCAL MARKET.
The Wholesale market Is we'll sup
Piled with fresh vegetables. Lettuce
grown In Staten and Long Islands sold
yesterday as low as 80 cents to so
cents barrel Of forty TO sixty heads
or about 1 cent n head. This Is be-
ing retailed on the stands and In the
stores Mt from 10 cents TO 10 cents a
head. while the pushcart men charge
from cents 70 10 cents for similar
grades.
Eggs are coming here IN large guam
titles, and prices are now lower in the
wholesale market than at this season
for the past two years. Many OF tho
retail stores are selling good eggs at
40 cents 70 SO cents a dozen, while In
some neighborhoods IS to 50 cents
dozen Is charged for Western candled
eggs. The season r. now on for Civ
ing eggs a pedigree" to lure an extra
a5 cent piece out OF the consumer,
and signs such as 'hennery brown"
"hennery white" state brown" zone
day old" sterile" and many other
designations can be seen In all sec
tlons OF this city and Brooklyn on
eggs that came out OF the same case,
and originally from west Of tho Mis-
sissippi River.
There Is n better supply OF fresh
fsh on snle this week than for some
time. While most OF tho ordinary va
r1eties are cheap, but weakhsh, blue
fsh, sea bass and cod are scarce.
CantalOupes are now reasonably
low In the wholesale market, selling
at 9 TO Q cents each on the standard
sizes, and should retail at 10 to Is
cents each In the various nelghbor-
hoods. Peaches, plums, blaolCberres,
huckleberries, raspberries, and In fact
all fruits OF the season are In abund-
ance and cheap.
FAIR PRICE oPlpE FOR PUR-
CHASE OF SUNDAY DINNER.
The following Fair Prices as n guide
TO housewives when purchasing their
Sunday dinner, represent good quail
ity, and II is quite possible TO obtain
AnatHulNlG foaA0 nj lnNurAH N,rlaaa 49,.
The evening world., 1920-06-25
FAIR PRICE oPlpE FOR PUR-
CHASE OF SUNDAY DINNER.

The following Fair Prices as n guide
70 housewives when purchasing their
Sunday dinner, represent good quail
ity, and II is quite possible TO obtain
desirable foods at lower prices than
given below:
RETAIL pRIcEA.
The evening world., 1920-06-25

This sale which has focused all eyes on the
Brill storeS which has set new mark for
values even during this period of general
priee cutting, We are offering
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
DEMAND IN ALL LINES
CONTINUES IN WEST
Ambitious Public Improvements
viii Keep Labor Employed
at High Wages

Chicago. Feb. 21.-General coudi-
tions in the West show business to be
prospering in most lines. A note of
caution is being sounded in some quar-
ters. but so far there is little to in
dicate any radical change, while on
the other hand there are many reasons
for optimism.
With the return Of the railroads to
private ownership it is expected there
will be inaugurated movements for the
reha biiitatiou of the lines. which will
mean the expenditure of vast sums of
money for supplies and equipment of all
kinds. This will be reflected in activity
in many lines. which, combined with
the ambitious public improvements
mapped out and the expansion of pri-
vate enterprises, will keep labor en-
ployed at high wages. and will create
a demand for all kinds Of products.
Money market conditions are tenn
porarily tight, and no hope of any i'm
mcdir'e change is held out, Advances
in rates for time money, however are
regarded as in line with higher costs
Of everything, and there is little fault
found with the rise in rates. nor is there
any evidence of curtailment of the de-
mard on this account. Rates at Chi
cago on collateral We're steady at 6Q
6l1 per cent, for commercial paper, 6T
Gl@ per cent, and over the counter
Gla per cent. Collections continued
good.
The steel and iron trade is increas.
ingly active, except where restricted by
shortage in labor supply, difficulty IN
obtaining fuel and lack Of shipping Ia
cilities. Notorcar manufacturers are
ro,Or+oJ ,,rgaD+ buvers of steel being
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21

New York, Feb. 21.-Although there
was a little more irregularity attending
the price movement the tone Of today's
closing stock market continued decided
ly strong. The railroads were once more
the backbone of the market and it was
the renewed strength of the so-called
minor rails that turned the tide of the
market upward, when strong reaction
ary currents apparently had set in.
The fresh outburst Of strength in the
rails in the second hour was primarily
based upon the confident belief enter
tanned in market circles of the railroad
bill being pushed through the House to-
night despite the increasing opposition
OF the labor representatives. For some
reason Wall street has Cocksure idea
the same opposition will be smothered
in the Senate, and early passage of the
conference bill with very little altera-
tion is certain. In all events, that
seems to be the temper of sentiment
this morning. and upon that assumption
the low priced rails, which are sup
posed to benefit most by the bill, were
jammed up with surprising vigor.
Price movements at the opening and
during the first fifteen minutes were ir-
regular and somewhat uncertain, part
ly due to the increasing labor opposi-
tion to the railroad bill and another
reaction in foreign exchange. 1t like
wise seemed to be the consensus of
opinion among most of the leading com
mission houses moderate setback was
in order, as the recent pace in the rails
had been a bit too swift for the health
of the market.
On the appearance of fairly liberal
realizing orders the bear party made
pvary aFfprt 4,, ,,r;oon nj cl
out long stock Collectively their eff
forts were without success, the only
result of the fresh bear drives being
to force lower prices for a short period
after the opening, but instead Of out
side selling being induced buying orders
came into the market on large scale
and the trend of the market was quickly
turned upward again.
The railroads once more assumed the
leadership, starting with the spirited
rise in Reading, which was quickly
supplemented by the animated upbidding
of the lower priced rails. of which
group New Haven and Rock Island be-
came the speculative favorites. Renewed
strength. which at the same time de-
veloped in United States Steel. gave
an additional strength to the fresh
upward squirt, and there was a general
run of the shorts in the late dealings
who were extremely anxious, apparent
", to reduce the commitments over
the double holiday.
Wall Street this week had its spring
opening The heavier winter goods were
placed on the shelves and efforts were
made (Which were partly successfully
in attracting a new following, by the
brilliant window dressing of the lighter
goods. The display came off, further
more, very close to schedule time, but
a trifie ahead of the perennial Street
period, when the sap starts to run up
the trees" and apparently measured
by the enhanced market values was a
big success.
Way back in January when the entire
market outfit seemed to be on the tobog-
gan slide toward the damnation bow
vows, and when the atmosphere of Wall
Street was heavily surcharged with blue
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
zEW YORK AND PHILADELPHIA STOCK QUOTA
WEEK CLOSED WITH QUIET
COLORLESS LOCAL MARKFT
Many Policies Forbidden by Railroads Are Appparcnv
ized in Ne,U Legislation

The bill as presented by the oo,,
;nn no;ut i;ua.llli.ee M reveals many intereSt
ins points When subjected to close snsI
!isis; ! IN reading between the lines !.
wouio seem as If the country's carri,Ml % y
We're to enjoy greater depree os Jssrrrler'
dom than experienced in tbe al vi iree-
decades. '"e 'ast two
It is pointed out by some of tbo o,..
STUDENTS OF the situation that ,vSet mas
SIDES OF railroad management wh;aS piSa
neEeto1ore were regarded as illegal basa
practically been legalized. Perhan1 n
Wouid De pstter. to. designate 1t as fed
eralizing OF principles and conditiouu,
i1rmeriy constituted as being witbou,
Boiled down to a nutshell thu ~.
visions OF the bill practically lerppi;,.
the so called community Of intersst' it'e, :,
which was SO strenuously attacked dr.
ing the Roosevelt administration md j.
many points declared by courts iIisrs%, ~
During the federal operation NJ fh1
country's transportation industry con r'
solicitations, rerouting, centralization =,
terminal deliveries, and other policies
which in the early part of the present
century the giants of transportation
ShuOoNOEtu 10 lnCOrnnrots
unifcation of in the management pCas,s u,sr.
adopted by the director general Of rsjl all
roads, and, according to the present I'm
are apparently to be legalized when ths
roads 90 back to their owners. '''
In other words, during the period a,
government control there was a feder'
alization Of many things the railroad
previously were forbidden to do. Th;a
liberalization, in plain, every day Enr
lish, is virtually legalization, so in manv
respects the owners of the railroads
have gained more than they have Loaf
during the government control.
This is only one Of many interestrr
interpretations made by the closer stu.
dents of the railroad situation, and All
combine, in measure, to place Ii.
transportation industry on q soupder
basis than has been ever experienced in
the history of number of lines and
systems. Some day, in the near future
the market will begin to measure the
favorable effects of these conditions by
the yardstick of quotations.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
CURB OILS SHOW
IMPROVED TONE.
M arket Stronger, Although
Price Movements Are lrregu-
lar-lndustriaIs in Supply
SILVER STOCKS ARE ACTIVE

New York. Feb. 21.---There was
strong tone to the trading on the Broad
Street Curb, although price movement,
were irregular, some of the industriab
being in supply, including a number 0,
those that were placed at subscription
late last year.
The oils showed better tone, Simms
selling at 371s and International Pc.
troleum advancing to 6S. 81
There was increased interest again
in the silver mining stocks, Nipissins
selling at 101a @10%. and Bon Alaska
which was first traded in yesterday,
making further advance to 81 cents
British American Tobacco was firm,
with sales at 1917. Carib Syndicate
ranged from "a to 81, with rally to
32h. Indian Packing yielded from
14A to IA, and American Safety Razor
was traded in at II to 1O%.
General Motors was fairly active,
selling at 25h to %. Submarine Boat
ranged from 13 to 1877. United Retail
Candy sold at Is, North American Pulp
at Is and Marconi at 5.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21

The week closed with quiet and
colorless local market. Holiday in
huences cut the volume of dealings down
to diminutive proportions, as there was
q general disinclination either to ex-
tend or make new commitments. Price
changes were extremely small and cor
,espoDdingly void of significance.
Much of the dealings were made up
of the customary week end evening up,
and as the weeks volume of transac-
ttons had been very limited these op-
erations were relatively small
Alliance Insurance Co. warrants
shaded under 9, and the Insurance
Go. Of North America Warrants made
new low at 9R. Philadelphia Electric
shaded to 24M on small dealings, while
Phlladelphia Rapid Transit was up "a
at 251a.
Keystone Telephone cut up some
queer antics on very small volume of
transactions. At the outset the stock
made notable show of strength, with
a further advance to ~. The demand
suddenly evaporated and the attempt
TO market few orders carried the price
down 81 to S11. American Stores con-
tinued strong, advancing to AZ. an
overnight gain of 81 and within a
small fraction Of the top price of the
movement. Electric Storage Battery
received very little attention, but held
at 113. Small buying continued in
Pennsylvania Railroad and Lehigh
Valley, both closing at the highest
prices Of the week.
While having no effect whatever in
shaping the course of prices in the local
market, the railroad situation, more
particularly the new railroad legisla-
tion, came in for close attention in local
financial circles this week. In view of
the tremendous investments of the lead
ing financial institutions in the securi-
ties of the transportation lines this was
to be expected. While the conference
committee report is likely to undergo
material changes before the actual bill
has been placed upon the statute. books,
there is confident belief in banking
quarters that the legislation incidental
to the return of the carriers to their
owners will necessarily be of con
structive character.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
DIVIDENDS DECLARED

International Silver Co uuar,erlv IA, r,r
cent on preferred, payable Hpril / 70 tn",, pS,
of record February "a W "'''N
sCnliornla PacHins Corporation quarterly
OF IA per cent on common, PAYABLE Marrb
10 to stock, OF record February as.
IhIernallonai salt Co, quarterly of ~
March u. 'O" VI reeoro
Dominion. Steel Corporation, quarterly of
M ~ prr Seh' On common and Ia per cent on
pteleIred' The common is payable AprIi /
20 stock OF record March and preferred
ApGll 70 STOCK OF record March i3
Domh'oh iron and Steel Co., Quarterly NJ
as per cent on preferred. payable April 10
canada Steamship Lines. quartorlv n, "a
per cent on common and Quarterly 81 10
per n6 cent on preferred. The common is pav
3S nd %"prn prs - 70 stock Of record Febtuary
March 10. ~ ''''" OF record
reerIess ,Iruok and Motor Corporation
auarteriy OF u? per cent and an extra of u
Msrc psr Sent' payabls April 10 stock OF record
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
Financial Briefs

In its annual report for the year
ended December 81, the Central Leather
Co. showed surplus after charges and
federal taxes of S14 ,2SS ,4S1, equivalent
to $30.11 a share on the common stock
after the preferred dividends. This com
pared with a surplus of S6,476,4 ,434, or
$10.44 per share, in the preceding year.
The average price of twenty active
industrial stocks advanced / 40 per cent
yesterday to 1857. while twenty rail
roads declined 0.4S per cent to TAOS.
Notwithstanding tenacity of rural
holders of grain, the corn market this
high tension. The chief bearish in
fluence was virtual stoppage of Euro
pean call for packing house products, q
circumstance closely related to the do
nestle feeding value Of cereals, Com
pared with week ago, corn quotations
this morning We're lac TO 15sc lower.
oats showed setback of 1c to 21sc and
provisions varied from unchanged figures
to 40c down.
The New York Subtreosury gained
S510,0 900 from the banks Yesterday.
~
stores 20. common stock cose Feb
ruary 20, open March IS for the annual
meeting to be held March II.
Commercial failures this week in the
United states are 124 against
III last week, 1872 in the preceding
week and lJ2 in the corresponding week
last year. Failures in Canada number
IL, against last week, IS the preceding
week and 16 last year.
A special meeting of Kcnsington Ma
tional Bank stockholders will be held
March "a to vote on increasing the
capital from $3.50 900 to $3.50 600 If
is proposed to offer the new stock 10
shareholders at 500 per share cpar
500 and make the total surplus S45CC
600. A sale of stock at auction somo
months ago was at us.
Cluett, Peabody & Co. renorts for
year ended December ~. 19l0. Sur.
plus after all charges aud federal taxes
So, 153, l29, against $1,S71 .I62 in 1O1S'
The annual meeting of tho Tononoh
Mining Co. of Nevada will bn MA
March IS, Navadu Wonder Mimi, ~
will hold its annual meeting on MoroL
II, " '''i'"
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
FOREIGN EXCHANGE

New York, Feb. 21.-The foreign
exchange market this morning showed
the allied exchanges weaker and the
neutral exchanges holding firm. De-
mand sterling opened at 3.42A and
cables at 3.43. both off 3 cents; franc
cables at 1856 and checks 1857, off
90 centimes; lire cables 1880 and
checks 1882, decline of 90 points.
Other quotations were: Belgian
cables 1906. checks 1901; Swiss
cables 6.15, checks 6.17; guilder cables
37la. checks 37B pesetas cables
1855, checks 1745; Stockholm cables
1900, checks 1885; Christiania cables
1890, checks 17.45; Copenhagen cables
5.15, checks 1900; marks 105.
YESTERDAYS FINAL QUOTATIONS
Sterling Francs Lire Gulders
csbiss dssa ....$.4s $44sSt 1885 1885 i77.77SS ss7t
ToDAY's OPENING QUOTATIONS
Sterling Francs Lire Gulders
Demand '$$'4499H llss'57 I77.ssS 37%
cables .,,.'o.4 40 1900 lI60 37h
CLOSING QUOTATIONS
r.uus sterling Gnhg F5anss Lire <. Guildsrs
Gables. 341 1880 1890 37M
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
BUSINESS NOTES

Nothing of special Importance occur
red in the paint materials market durlnS
the last few days. Buying movements
continued heavy and dealers in all de-
scriptlons reported a steady. demand,
Prices were tending upward in the
majority Of instances. Clues were NOV
ing in a moderate manner.
Furnaces are still confronted with
the greatest obstacles TO meet the
enormous demand which is evident in
pig iron of every grade: lnaaeauate e. ,I.i t.s
of the blast furnaces. and instead OF
the necessity of getting more furnaces
into operation. the prospects point 10 d
further curtailment
II is reported that the syndicate in
charge of the marketing OF l35,VvU lons
of steel owned by the government ana
used during the war as ballast IN troop
sbips has about completed arrangemehls
fo,, the sale to steel mills throughout
tba country. The steel is mostly in
steel bars, billets, shapes fods anu
angles
The sole leather market was inlrlE
active Yesterday. BuyeFs !or s'.d!l
rnannfacturers have been active In in-
omiry and several fair sized transacN"ns
we're confummated during the last i5w
davs, rppers were moving IN V"sL
routine way. while beitlhg pulls ",Ie
in steady request and exporters DIS
+io,,ed more interest in this branch Of
the market.
Chemical Color and Oil Daily sals;
"rroninion of Canada immigration au-
rborifies are preparing for the heaviest
yn0yer1ent from the United States this
spriug than at any time Tor N, last
Oy,a voars They realize the possibilities
Of Canada are a direct appeai-alcoh9-
lie or bucolic?'
The situation in dyes is just about the
TgnOTtE
is good throughout the greater part OF
The list. but the shortage of raw mater
ials is the important factor t"nHol'
toluol and naphtha are all snort On 'he
srot hut lust the same some offerings
are coming forward shghly beIoW list
prices.
The hide market remains dulI and
,,rinteresting. The difficulty in securing
Recommendation has had depressing effects
and buyers are showing a minimum OF
interest in this market Mountain
Roqotas are held firm a 10 cents. city
naeISer hides arc moving in a very
ijrnIted manner, while country hides
show no material alteration
weather conditions of the last two
o- tbree weeks have had a much more
I serious effect on the distribution or
anthracite coal than on production of
| a. Saward's Weekly will say today.
! Galleries have been hampered at times
by irregularity in the placement Of cars
and by depleted working forces, but
tonnage was held up to a 10 per cent
basis or better. Owing to cmbargoes,
however. some sections have not got
ANYTHING like their pro rata Of this rs
nor cent, while others have received
more than their share, II is tho same
aid story in the bituminous trade
mines running half time or less because
Of the car shortage aud coal being CON
fscated right and left by the railroads
Tor thSs own use or TO help public
utilities
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
Reserve Banks Discount Rates

The first column gives rates for all
periods up tc and including a fifteen
day maturity. the second for period of
sixteen to, ninety days. The third and
fourth columns give the rates for dis
counts for collateral loans secured by
government bonds or notes
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
No Coffee Market Today

New York, Feb. 21,-Today is q lol;
day on the cotton and coffee and s',ga o, :
exchanges here. '"s"r
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
cold for south America

New York. Feb. 2l.--Tt is known in
banking circles that more gold coirs,.to
amount OF about Slj,O00,O 900. viii Jbe
shipped to South America toward the
alA Il February.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
OUTSIDE BANK STATEMENT
STATE BANKS
BAR SILVER

Bar Silver was quoted in the London
market today at S25sd, unchanged.
The price in New York was 81 80,
aAchanged
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
Gold for the Arnnntln.

New, York, Feb. 2l.-A tolal of about
$14 10000 in gold has been withdrawn
this week for shipment TO Argentina.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-02-21
CAMBRIA IRON COMPANY

fha Annual Meeting OF the Stockholders
~ fha Cambrip iron Company will be held
- she olTice OF the company, 1920 Widener
3..iidina Juniper and Chestnut streets phil
41einhik Pennsylvania on TueGday, March
AT i5f0 al o'clock y. m, when election
riii hs held for directors to serve for the
sns II. BREWER GEHLY.
Secretary.