davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1920-03-13
MONEY.

New York, March 12.-Consider-
ing the three day range covered
by call loans in the face of the
enormous shifting of collections on
next Monday. a favorable impress
sion was caused by the fact that no
change was made on Thursday in
New York Federal Reserve bank
discount rates, and the Z per cent
renewal rate for call money today.
The feature of the situation is the
receipt of a little more money for
loaning purposes. Some brokerage
houses here report that they are
being offered moderate amounts OF
money from Chicago. These loans
have been based upon liberty bonds
collaterals. This is not the first
time that moderate amounts of
money have been received from the
interior, but. the feeling is encour-
aged that this may be the begin
ming of large offering of country
money in this city. That money is
beginning to drift into this center
Is a good sign.
The time money market shows
very little change beyond a more
hopeful sentiment of easier condi-
tions before long. This is reflected
IN a less urgent demand for time
money. Rates are still stiff at 9
per cent bid for loans on Industrial
collateral and Si& per cent bid on
mixed loans.
Prime bank acceptances un-
changed at 57sa6A per cent. Call
loans on acceptances are still 54
5l2 per cent.
Mercantile paper offerings are
slightly larger and tendency con-
tinues firm. Very little business is
being done except in the country
and the minimum discount figure as
of late is per cent.
The Washington herald., 1920-03-13
HIGHER COMMISSIONS
ON LIBERTY BONDS

A group of fifteen leading New
York investment houses which deal
in Liberty bonds over the counter
yesterday announced n higher scale
of commission rates to take effect
next Monday. In explaining the
rise, they said in a statement to the
public that they have been trading
in Liberty bonds and Victory notes
at a loss, and believe that the busi-
ness should now be put on a pay
ing basis.
The new rate will be more than
four times the old. The existing
custom among members of the New
York Stock Exchange is to charge
20 cents to investment dealers and
80 cents to investors for every
$1,000 bought or sold. Those in
vestment houses, operating under
the new rate, will charge the pub
lie $1.25 on $1,000 on denominations
of $1,000 or more; 81 on $500 on
denominations of $50; IS cents on
a si00 bond; so cents on $50 bond.
The Washington herald., 1920-03-13
HALVES LAUDC
R. RS RETURN
Head Of Bankers Associa.
ton Says Act Means De-
velopment Of Country.
WILL AID THE PUBLIC
Continuance Of the Present
Prosperous Conditions
Insured.
WILL AID THE PUBLIC

Operations Of the railroads under
the Esch-Cummins measure will re.
store the transportation lines Of the
country to their former great prom
inence as developers of the coun-'
try's latent resources, IL the opin-
Ion of Richard 8. Hawes, president
Of the American Bankers Associa-
tion.
This Is one of the important fea-
lures of a measure which the presi-
dent OF this association, represent
ing 10000 banks, praises as one of
the most constructive pieces of leg
islation passed in recent years.
For more than a decade. the
the railroads which. up until that
time, had been the trail blazers in
empire development, have fallen
away behind the normal develop
ment of the communities served"
says r. s. Hawes. The assurance
of at least 81 per cent on the ag-
gregate value of railroad property
is going to place the railroads back
In the line Of progressive develop
ment.
without consideration Of it's A.
nancial provisions, the measure con-
sidered from the standpoint of the
general public welfare Is most con-
structive legislation" says Hawes.
"As q stabilizer Of certain national
conditions it will serve to insure a
continuance, II not betterment, Of
present prosperous conditions.
"As to the labor features, let them
be given a full and fair trial. These
provisions seem to have been con-
ceived in all Justice to both sides
and the best either side can do will
be to welcome an unbiased try-out
At least, don't Judge them without
just cause for doubt. The principle
of arbitration provided is at least
equitable to all concerned.
Representing 10000 banks in
America, it is natural that our as
sociation should have been much in
terested in the enactment of q meas
ure that would not only safeguard
investments, but, from the much
more important standpoint Of pro-
viding, through adequate assurance
of returns, q transportation sys-
tenn that would be conducive to the
commercial and industrial prosper
ity Of every community in the
United States.
when the bill was In the making
we accordingly appointed a railroad
committee, headed by Walter W.
Head, of Omaha. to go thoroughly
into the questions involved. The
result was seven recommendations.
six OF which have been recognized
in the framing Of the present law
The Washington herald., 1920-03-13
THE "FAIR-HAIRED" BOY
TAKES A RIDE ON READING

Palm Beach is supposed to have
been a big factor in the market
this week. A well-known profess
sional operator who has been trad
ing over a fast wire to New York
is credited with having been one of
the heaviest buyers of Reading on
it's sensational rise since Monday.
The same operator was an active
buyer of rails on the move of a
fortnight ago. He is supposed to
have covered in a large short line
on the February dip.
The Washington herald., 1920-03-13
SPECULATIVE FLU"

Brokerage houses operating wires
to branch offices in the interior
have been handling this week a
steadily increasing volume OF buy
ing orders. This is taken to mean
that out-of-town traders who go to
make up a large part of what Wall
street Is wont to call the public"
Is perking up confidence enough to
get back into the market. Some
body said one time that "once
speculator always speculator."
The, speculative fever is difficult to
combat once a killing is made. The
big market of 1919. when anybody
and everybody made money for a
while. Is stial fresh in the memory
OF most traders.
The Washington herald., 1920-03-13
PENNSYLVANIA AND
THE PANHANDLE DEAL

Formal offer is expected to be
made shortly by the Pennsylvania
to exchange new fifty
year per cent mortgage bonds Of
the Pittsburgh, Cincinnati, Chicago
& St Louis, guaranteed by the
Pennsylvania Railroad. for minori-
ty stock of the smaller road, of
which s1s.2s2,s56 is held by the
public. The remaining $65.567,155
of Panhandle" stock is owned by
the Pennsylvania. 1t is understood
that the offer will be made on a ba-
sis of 500 in bonds for each share
of stock. The p, c.. c. & st. L.
owes the Pennsylvania or it's sub
some s1s.390,000 for ad-
vances for improvements.
The Washington herald., 1920-03-13
hold RUMORS
AID MARKET
Efforts of Shorts to Dis
credit Statement Prove
Futile.
OFFSETS HIGH MONEY
IS Per Cent. Price Thought
Fair Because of Income
Tax Due Date.

! New York. March 12.-The fact
that large shipments of gold are to
arrive from London in the near fu-
ture kept the stock market steady
today in spite of an advance in the
call rate to Is per cent. The bear
party was at great pains to dis
credit the report OF gold imports.
S:t the original report was verified
again. Gold is coming although the
bankers refuse to name the exact
date of its arrival. Morgan & Co.,
as agents for the British govern
ment, have already purchased great
Quantities of the Anglo-French
bonds In the open market. Gold for
redemption Of the bonds Is not need
ed until October, but those pur-
chased must be paid for. Hence the
gold. The spirit of this gold is al
ready in the stock market even
though the actual metal may not
arrive for some days.
Considering the fact that more
than 81 ,000, 900, 900 of taxes must be
paid in New York City Monday a
renewal rate Of Z per cent with sur
plus loans at Is per cent was con-
sidered very fair in Wall Street
tdday.
StOckS opened strong with tndn-
Adler, Great Northern Railroad, Read
pg and the Petroleum stocks most
active. Heavy selling of stocks car
ried the market down an average
of point or more. Another ad-
vance took place about noon that
practically duplicated the high
prices of the morning. and in some
places improved them. This mid
day advance was due to the fact
that renewals were made at per
cent. When money began moving
up, striking 8, then 3. 10. IL. and
finally Is per cent, the whole mar
ket fell away rapidly. The close
was irregular.
An issue that displayed great
vitality was Reading. The Read
ing company is in the courts, where
an attempt Is being made to force
1t to dispose of its coal lands. The
Street has been buying the stock
on the theory that segregation of
the coal and iron properties would
be a bullish factor. But those clos
est to the Reading company are
buying the stock for the reason
that they think the Supreme Court
decision in the Steel Corporation
case makes IL certain that Reading
will not segregate.
Oil stocks were strong largely
because of the shortage of sup
Mes as made clear by the govern
ment's announcement that it would
commander fuel oil If necessary.
The Washington herald., 1920-03-13
RAIL CONFERENCE.

Joint conferences of railroad ex-
ecutives and union officials in the
railroad wage controversy will be
resumed here March 22.
Union leaders will submit the
same demands that were put before
Rail Director Hines. President Shea.
of the Brotherhood of Railroad
Firemen. said. These demands are
Tor increases totaliing nearly ST.
600. 100000 annually.
The Washington herald., 1920-03-13
IMPORTANT CRUCIBLE
STOCK HOLDINGS INTACT

According to a high official of the
Crucible Steel Company-~of America
none of the important holdings Of
common stock has been sold. It
appears In the light of this infor-
nation that the selling on the re-
cent dip that carried Crucible to
|1S9 represented short selling main-
ly, plus weakly margined long
speculative accounts.
1t may be recalled in this con-
nection that Crucible acted better
than the majority of the high-pric-
cd shares during the fore part of
the late fall in market values, and
never did move downward with the
rapidity of General Motors.
The Washington herald., 1920-03-13
THE MARKET.

The board member of a leading
Wall Street stock exchange firm:
'It is my own opinion that this
market will go considerably high
or, as the general trend appears to
be upward. However. wide f1uctu-
ations are likely TO occur. 1t Is no
time to buy unseasoned securities.
1 believe the steels. coppers and
rails offer the best speculative pos
abilities"
The Washington herald., 1920-03-13
STUDEBAKER EARNINGS.

The report of the Studebaker
Corporation for the year. ended
December 81, 1919. shows profits
for the common stock equal to
$2S.54 a share. as against .$10.3S
a share earned the previous year.
The Washington herald., 1920-03-13
lU. S. GRAIN CORPORATION
buys HUGE AMOUNT OF FLOUR

The United states Grain Corpor-
alton announces that 1t has pur-
chased this week about 2S6,000 bar
rels of -four at prices averaging
s1O.6S, Baltimore basis and $1,000,
Pacific Coast basis.
The Washington herald., 1920-03-13
STOCK EXCHANGE SEAT SOLD.

Robert 8. kilborne has sold his
membership on the New York Stock
Exchange to Edward Talmadge, jr.
for $4,000. and Frank ]. Connolly,
jr.. purchased the seat of William
A. Mertens for $4,000.
The Washington herald., 1920-03-13

Before buying securities it
might be well to investigate
the solidity of the security as
well as the house advising its
purchase. Hundreds of mil
lions of dollars are taken from
an unsuspecting public each
year by scheming individuals.
The Washington herald., 1920-03-13
DRS .~ NATIONAL MARKETS
Local Securities.
wasAisstss steek EzsAa.se.

~ SALES.
$1,000 at 5oH.
washinstou Gas. at lsh. II at 4eH.
25 at 1ex.
Mergenthsier. 10 at i2eK.
AFTER CALL
Washington Gas. % at 46K.
Aersenthaler, 10 at 19e.
The Washington herald., 1920-03-13

Don't sell your liberty bonds.
If you need funds, 60 to any
bank and secure q loan.
Evening journal., 1920-02-10
LONE VOLTS DAUGHTER .

Prominent among the many novel sit
uatiOns and phOtog aThic achievements
that stamp J. Parker Read Jr's new
Louise Glaum production The Lone
W0lrs Daughter" as distinctly differ nj
from the usual run Of photodramas Is
The use .of the Telautograph. an instru-
ment for the reproduction OF messages
by telegraph. The Telautograph plays an
important part in the Louis Jos ph
Vance story and The famous novelist
worked for several days with the pro
duccr 10 make peri ct its operation 10
The Lone Wolfs Daughter" a w. W.
Hodkinson release. c0mbing the fam
Gus story characters OF The Lone
Wolf and False Fac S" which is now
showing at the Savoy Theatre. Mr.
Vance also lent a helping hand in per
fectlng the code used on the contrivance
in Chinese script, the telautOg aph-oi
rather. two Of them. being emp 'oyed In
Evening journal., 1920-02-10
At THE GARRICk.

Rollicking com dy features the bin al
the Garrick Theatre this week, and II
received The o. X OF last nights au-
dience. There are several particularly
noticeable features. One OF these Is the
appearance Of Little Lord Robert. a di-
mlnutive comedian, who IS also q very
clever dancer and singer and has no
other talents that he uses 10 good al
vantage. Billie Burke, with the assist
ance OF Prof. ]. Edmund Mageo pre-
sented deviation" a travesty on the
world OF occult, which proved very
funny. Dollys trained dogs wxre very
clever dancer and sing and has
learned 10 do a lot OF interesting things
Dave Harris. very funny coined an
and good musician. ent rtained with
song, music and monologue. In which
he showed a lot Of originality and
talent. Martens and Arena and their
humorous dog made a decided hlt. AZ
are comedians, the dog includ d. Viola
Lewis and her company Of talented ju-
veniles were highly pleasing with their
songs. dances and quaint sayings and
do.ngs. Irving Goslar and Rh a Lusby
presented some vaudeville gems. being
decidedly versatile. Sarge and Rich
ards are splendid saxophone players and
singers.
Evening journal., 1920-02-10
The Heart of TIE Movies
BY ". 4. SCOTT.

II Is peculiar thing that when one
speaks OF the merit Of any picture play
little thought Is given as TO the main
contributing factor to its proper pres
eniation and enjoyment But, the
greatest production, cost what Il may,
featuring a most famous star and cast
would seem commonplace, or Indeed,
be ruined by improper projection or
imperfect projectors.
Yes. the projection room Is the heart
OF the picture theatre, the very excuse
for It's existence. but being the heart 10
is hidden and being hidden Is given
very little consideration as 20 IFS part
In contributing TO the enjoyment Of the
picture on the screen None OF the pa
irons can see what goes on un there
where The machines are working 90 pro-
duce their entertainment Few realize
the respon' loiliiy Of the man who
makes for this entertainment, The Pro-
iectionlst
Let US delve into the mysteries OF the
heart OF the movies" a little Moving
picture llm Is a strip Of ceiluloid con-
tanning a succession OF Photographic
images ii-i6 Of an inch high by i5-i6
OF an inch wide i6 images 20 each foot
OF flm The film docs not run through
the protector In continuous motion as
Is generally supposed. for each OF the
little photographs must come 90 a COM
plete rest before u is flashed 20 the
screen. This is accomplished by the
intermittent movement" AZ normal
speed i6 OF the images are flashed upon
the screen per second. the equivalent
OF one foot Of flm Theatres nowadays
show from 1000 20 10000 feet OF film az
each performance and from 90 per-
formances daily. This means the "in-
termiltcnt movement" OF the projectors
must start and stop for flashing 70 the
screen approximately fi20O0 10 10000
separate images per show. over 3-i OF
million daily. This part Of the protector
must be trued 10 the thousandths OF an
inch. IN rs manufacture and very ilnc-
ly adjusted. else in the magniication OF
the picture on the screen the least In
accuracy would likewise be man'led
While the Intermittent movement Is
in the act OF bringing an image into po-
sltlon, a revolving shutter having two
or three opaque blades shuts out an
light from the screen, each image being
flashed two or three times correspond
ing 20 the number Of blades. before 10 Is
changed. The shutter Is synchronized
Evening journal., 1920-02-10

with the Intermittent movement" and
plays a very Important part in proiec-
ron. for were % omitted the high-llghts
and shadows OF the projected picture
would be run together making the char
acters ind stlngulshablc. The fire.
quency Of The light interruptions Is
such as 10 deceive the eye into seeing
only an evenly Illuminated picture on
the screen. From the foregoing II can
be readily understood the tremendous
task required Of the projectors in their
daily gr'nd
A powerful electric arc is necessary
10 produce a brilliant picture Con-
densing lenses gather the rays from this
powerful arc and concentrate them 10 a
spot The size OF silver dollar on the
illm. The llght So condensed or such
intensity at This point. that were the
machine stopped and the aim exposed
10 same u would ignite In less than i've
seconds. However lhe nlm Is exposed
only the fractional part OF second and
an modern projectors being equipped
with safety devices The danger from tals
viewpoint Is remote In The hands Of ca
pable prolectionsts.
When the nlm breaks or anything
goes wrong ln The projection room.
then. and only then is the projection
considered Mr. Prolecilonlst is the
goat" Patrons and manager alike,
abuse him True Il Is very annoying
10 have the picture stopped when one
is deeply interested but no matter how
skilled the proieciionist may be. this
cannot always be avoided. The Joining
of the different sub-tliles and scenes at
the laboratories Is Oflentlmes poorly
done and where hundreds OF these
Evening journal., 1920-02-10
"pOIIYA\Ni" /"

The FIRST night OF "Pollyanna" at the
Victoria Theatre, was one Of the most
unusual in its history. II was. how
ever, typical Of the first night Of a
Mary Pickford production, but IL was
unusual by reason Of the fact that the
production itself was so far superior
to anything that has ever before been
acc0mplishd on the screen.
And how the people gl0wed. and
thrilled and paid the honest tribute. Of
laughter and tears. One Of the most
ease-hardened OF blase first nlghters. a
man well known in our community.
versed in a profession that involves
emotional repression. left the theatre
wiping his eyes and told the manager,
Not in years have / been so deeply
and sincerely moved by a motion pic
ture production"
"Poilyanna's philosophy has been
portrayed by Miss Piokford as Opt'm-
ism-a gladness for things which
might always be worse. Her story was
taken out OF The Glad books by Flea
nor II. Porter. which have been read
by millions Of people.
Evening journal., 1920-02-10
.NIALE AND FEMALE.e

Full appreciation for the artist and
director b hind It all. was felt by every
one who was al The Queen Theatre yes
terday 20 view the Cecil B DeMllle
masterpiece "Aiale and Female" which
Nill remain IS the attraction at the the
aire all Of this week.
Despite OF It's title which might seem
misleading at first. Male and Female"
Is emThaucally not a seX~plcture. It's
story carries none OF the sord'd con-
dilions OF lfe. II is a story Of true and
pure love where the bars Of position
and ~ al.h were insurmOuntable.
Thomas Meighan and Gloria Swanson
as the two chief players cover them
selves with glory with their respec-
tive abilities.
Evening journal., 1920-02-10
CECIL B. DeMiLlE
PRODUCER
MALE and FEMALE'
..f.t---0 gD.rl...

Cecil B. De Mllle Now Playing at The
Queen.
Evening journal., 1920-02-10

Joints are made in a nlm. Il is very apt
10 pull apart occasionally. Again. II
fllm has been run through defective
machines or handled by incompetent
persons and The little sprockei holes
upon which so much depends. become
strained or broken. no amount or care
or repairing VIII eliminate frequent
stops. When there Is stop. the pro-
iectionlst is the busiest man you ever
saw, working like a beaver 10 get his
machine in The shortest possible time.
And let us add that since several indus
Evening journal., 1920-02-10
attractions at the City Theatres
.nEnE MARIE.

Because Edward sireeier the author
OF the book has written The play ~Dere
Mable," will please Wilmington when
u appears in It's musical comedy YER
sion at the Playhouse the latter psri
Of this week. The author has retained
all The original flavor and humor OF
his letters in The translation to the
stage and the added charm OF human
Interpretation win also appeal.
The story Of Bill and Ahble as set
forth In Tie musical comedy is not a
war story, The public as The author
realized. are tired OF so-called war
stories. The beginning Of the tale OF
the two lovers is at the pier upon the
arrival home Of the overseas hero. All
the subsequent action takes place in
New York with BIZ enjoying the bright
lights and the honor Of being a n 70.
The production Is splendidly staged
and is made further attractive by a
Comely chorus.
Evening journal., 1920-02-10
Al G. TELps MINsTREIs.

The old saying that negro and a
brass band were never S en- going in op-
uoslte directions. VIII be applicable 10
white folks when William Walters and
his golden band come 10 this city, with
Al G. Fields Minstrels all next week
it the Playhouse.
For eighteen years Walters band has
been a prominent feature OF the AT C
III 'ds' Ninstrels and the patrons OF that
Organization look forward 10 the coming
Of this band with the same expectancy
as they do the coming OF the min
etrels
The many hands brought together by
the war has made band musical offer
ings NOR popular than ever before.
Walters has always possessed the fac-
ulty Of offering that sort Of snappy mu.
sic The general public seems 10 most ap-
preciate.
Evening journal., 1920-02-10

tries are involved in the matter Of com
potency. the proiectionist must be
something more than the ordinary me-
chanlc. To be competent he should
have electrical. mechanical and optical
knowledge.
So when the picture Is fine, the theatre
surroundings agreeable, the music beau
tlful, the paramount thing OF all to
consider Is the protection and the man
who Is responsible for our entertaln-
ment, the projcctlonist. up there In the
heart OF The movies"
Evening journal., 1920-02-10
"THE LOVES OF LEFTY

According 90 the story and picture
Lefty Of The Loves Of Lefty" playing
at The Majestic with Pauline Frederick
as the star. had three loves, one was
for position, the other for wealth and
The third love Itself In this respect
Lefty ,Hffer from no other girl OF the
world. But in the respect that she tried
and hazarded all three Of them made
her story little different from the
millions OF her sisters.
The picture Is laid for the most part
in London where Lefty works as a cash
Ter in a big office leading a drab and
rather moons quental life until a man
% wealth and position entered her life
and changed her course.
Tie Two reel Christie COMEDY special
Gle Married His Wife" IS the added
aiiclcnOn.
Evening journal., 1920-02-10

he was frst looming prominently In the
motion picture horizon. was The Dew
lis Doub e" which will bring him 10
the screen Of the Ridto Theatre for this
day only.
10 is an active and lively story filled
with the same kind Of action that has
made the Hart fights famous the world
over.
Tomorrow and Thursday Corinne
Griffith viii be seen in Human Collat-
eral."
Evening journal., 1920-02-10

the luxurious home OF the leader OF a
desperate band OF London criminals and
In lime house den where the plum
derers hold council Added attractions
are shown at each performance.
Evening journal., 1920-02-10
.sTnE nEVIIfs nouRIE..

one OF the best William 5. Hart pic
u1r $ that was made by the star when