davidaulloa/AmericanStories huggingface dataset:
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1921-12-14
MOTORIST FATALLY HURT
WHEN AUTO HITS POLE,

Louisville. Thomas Morgan, "A
years old, Is believed to be injured ia
tally. John Finn, 81, has fractured
right leg, cuts and bruises about the
body, and Virgil Dun and Jerry Rem
frew OF Highland Park sustained cuts
and bruises when Morgan's car crash
ed into telephone pole. Morgan was
hurled through the windshield. Finn
was sho. through the hole made by
Morgan's body, landing in ditch. The
other two men were thrown clear Of
TIE car which was wrecked. Morgan
IL suffering from a pierced right lung,
fractured right thigh and fracture Of
he skull. Members of his family were
,alled to his bedside.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1921-12-14

Tho number Of the meetings and The
programs must depend entirely upon
voluntary contributions Of service and
money. In no event can the cost to
the individual or tho community APP
proximate the value received since the
local speakers are so generous, Ms 10
give thel rtIme there can be no de-
mand for much money. Interest, good
will and work are tho principal needs
o fth league. Come take all you find
and give Just what you wish TO give.
Your presence Is a gift.
PRO BONE PUBLICO.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1921-12-14
POLISHING HOT STOVE
RNDS.M FATAL BURNS.

Louisville-Polishing 9 stove which
contained fire caused burns which
may cost tho life Of Miss Bernadine
KillIan, "a. New Albany. A brush with
which Miss Killian was applying the
polish caught fro. She attempted TO
extinguish the blaze by throwing the
brush. Some Of the burning liquir
spilled on her dress, igniting II. At
the same time the can Of polish she
was holding cought fire, and she did
not notice that her dress was burning
until she was wrapped In flames. Her
mother. Mrs. Margaret q. Killian, ex-
tinguished the blaze with bucket OF
water. DR.. J. Y. Mccullough, attend
ing physician, fears that Miss Killian
will not recover.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1921-12-14
JOE AND LADDIE BOY

The Durango (Coo Herald recently published an interesting
little editorial the consolation which President Harding
find private conversations with Ladde Boy his Arda the
state of the Union and remarks that while President Wilson did not
have adde Boy he did have Joseph Tumuy There some
who will believe that the counsel of silence displayed adde Boy
of value to the Chief Executive than advice or
Tumulty ntmates in his biography the instructions given by him
to Mr. Wilson
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1921-12-14

We shall either have battle ships fewer The can
take its choice Unless there that will reduce the
armament burden the for strength will continue
penditures for fighting material will continue mount The nation
that does not want decrease really wants TO increase
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1921-12-14

Approximately 100000 live ellis,
valued at 100000 have been received
In New York. The entire shipment
was trapped in the st. Lawrence River
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1921-12-14
DATES ANNOUNCED FOR
W0MAN,S FEDERATION.

Hopkinsville. - The Kentucky Fed
Grafton Of Woman's Clubs will hold It's
annual convention in Hopkinsville
NAV 1926.
The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1921-12-14

Gambling debts are coleectable by
law in Venezuela.
New-York tribune., 1921-04-24
The Move in Studebaker

Last weeks sharp advance in Stude-
baker to above 81 did not reflect addi-
tional improvement in the company's
motor business. in the opinion of j. S.
Bache E. Co. "Such Improvement says
the firm, "was amply discounted when
the stock sold above rs. The latest
move appears as a purely speculative
attempt on the part of certain interests
to trap a large short account. Very
likely an attempt will be made to sus-
tain a price level above IS for the next
few weeks in order to distribute stock,
but we regard it as extremely danger
Gus to attempt following these minor
movements. Production schedules of
most motor companies have increased
to a point where operations are from
so to IS per cent capacity. Sales have
also improved and the momentum thus
developed can carry an optimistic feel
ing through the first six months of this
year. Thereafter we look to see
marked falling off in the demand for
automobiles. We do not believe en-
thusiasm can carry on through the
latter half of this year in view of the
impaired purchasing power of the
farmer planter and other potential au-
tomobile buyers"
New-York tribune., 1921-04-24
Grains Are Steady
After Early Drop;
Buying Is Renewed

CHICAGO, April 23-Board of Trade
grain markets, starting dull and prac-
tically unchanged, turned heavy toward
the end of the first hour, and wheat,
corn and oats futures all sagged, May
wheat leading the movement and drag
ging the other options with it.
May wheat opened steady at s1.31 10
$780,. moved up momentarily on buying
by Northwestern connections. but receded
quickly when Eastern houses started sell
ing July At the end of the first hour
May was s129s4 and July was sl.07. as
compared with its easy opening at Sl.07ia
to $l.07A.
Corn and oats reflected wheat condi-
tions generally May corn started &c
lower at 601a, moved Up sc. then settled
to Co.'s. July opened at 63 II to 63i4 and
was at virtually the same figure hour
later. In oats the July option started
unchanged at 39i3 and was generally
steady until near the end of the first hour
when it lost Il
Provisions frmer with hogs. There
was some buying by packers and brokers.
but offerings were generally light. July
lard early sold at s10.S0. as compared
with slo22 at yesterdays close.
Fairly persistent buying by commission
houses and a generally steady cash mar
ket served 10 firm up the market later.
Country offerings remained Hight Ths
close was fairly steady with May at sl3t
to s1.30%, and July at sl.o7iz @Si.07a.
Sales to the seaboard and cash market
conditions generally gave corn strong
undertone throughout the session. At ths
end May was 81 Ss q IL and july CAS-.
New-York tribune., 1921-04-24
Never Asks Financial
Aid for u. S. Farmers
Bankers Should Help Agricul.
tural Group Toward Recovery,
Rrooklvn Club Is Told

Eugene Meyer jr.. managing director
At tho War Finance Corporation, ad-
dressing the members of the Bankers
Club Of Brooklyn last night, made
suscisl plea on behalf of the American
farmer who has been hit hard by the
tremendous drop in the prices of agri-
cultural products.
It is up to the bankers and business
men Of America, he asserted, to make
10 their minds whether they want to
hslp dig the farmer out of the hole into
which he has fallen or whether they
wish to stay in the hole with him.
aBank loans have steadily declined
since the beginning of the year." said
Mr. Meyer, "and reserves in some parts
Of the country are now building up to
satisfactory figures but, even with this
improvement in the banking situation
there is still most serious condition
in the industry of the country. The
foremost among the industries which
are suffering is the great fundamental
industry of agriculture. The meaning
Of the agricultural crisis, which is now
at the most acute stage so far as prices
are concerned, is not yet fully appre-
ciated. 1t means that the purchasing
power of great part of our population
Is materially impaired, end that the
commerce and industries of the manu-
featuring centers are directly involved
TO this crisis as much as anything else
is due the plight of the railroads and
the jeopardy of railroad investmen nts." !"
New-York tribune., 1921-04-24
Copper Inquiries Increasing

Inquiries for copper are increasing
and some sales are resulting, according
to The Boston Commercials weekly
copper letter. Some of the utility COM
panies, long out of the market, bought
copper last week for second and third
quarter delivery. Sales for export to
England, France and Germany were
sonsummated, while Japan, which has
been a seller rather than buyer of
copper since the middle of last year, is
making inquiries for fair sized ton
mage. although it may be midsum-
mer," the publication adds, before the
resolving factors in the copper situa-
tion bring Improvement to metal prices
once the change comes, anticipatory
buying-something which has not oc-
Cured for several years-should make
heavy inroads in the present surplus
and pave the way for resumption of
mining operations"
New-York tribune., 1921-04-24
The Dollar in Foreign Exchange

Indications that solution of the
German reparations problem was near
er served to send foreign exchange
quotations on London and western
European centers higher yesterday.
Sterling reached new high for the
year at $3.941s, making net gain of
2 1-8 cents.
Francs and lire were strong, while
Scandinavian and Dutch rates we're
steady, with the exception of Swedish.
German and Austrian currencies were
easier, as were some of the eastern
Europeans.
With the exception of the Chilean
peso, which dropped " cent, there was
no change in South American and Far
Eastern currencies.
Rates moved within an extremely
narrow margin during the week-at
least until yesterday. Previous to
then sterling had held within cent of
1892, displaying the greatest stability
for a like period since July, 1914.
If you calculate the cost of the dol
lar in terms of foreign money or cur
rent exchange values-that is, if you
were buying a dollar with pounds,
marks or francs--its value at the close
of last week, compared with year ago,
follows:
New-York tribune., 1921-04-24
Rails Taken IN Hand

Railroad men have been remarking
of late that definite turn for the bet
ter has taken place in their affairs with
the decision of the Railroad Labor
Board with respect to wages and work
ing conditions. But the stock market
up until yesterday has reflected this
opinion only in desultory fashion
During the two-hour session, however,
the rail stocks were taken in hand and
in the last half hour they were bought
as eagerly, if not more so. than the in
dustrials. 1t is calculated in railroad
circles that with the economies eX-
pected to be effected from the Labor
Boards decision the carriers will re-
turn a net income for 1921 of approx
mately s6oO,OOo,ooo, against only s62,-
100000 in 1920 While this would not
be sufficient to meet all current divi-
dend requirements it would still leave a
substantial margin above fixed charges
New-York tribune., 1921-04-24
A New Refining Center

Casper, Wyo., is expected to take it's
place shortly as one of the largest oil
refining centers in the world, accord
ing to The Oil City Derrick. "Sevef
years ago." says this authority, 1.-The
present site of the Standard Oil of In
diana and Midwest Refining plants was
waste of sage brush and sand, in
habited by prairie dogs and rattle
snakes. To-day the two immense re-
fineries stretch along the south bank
of the Platte for more than mile and
are now spanning the stream and
stretching up into the foothills toward
the north, where the Salt Creek oil
field lies and which has made this great
expansion possible through its food of
high grade oil. The great chimneys
mark the site from points fifty miles
and more away and the smudge of
black smoke can often be described
hundreds of miles away"
New-York tribune., 1921-04-24
In W all Street
Market Absorbs Profit taking

Following rise such as took place
on previous days last week it was to be
expected that the stock market yester-
day would have to absorb considera-
BILE volume of profit taking. This sort
of selling, brokers said, was in evidence
all morning, but was more than Offset
by new selling orders, with the result
that at the close substantial net gains
were in evidence throughout the entire
list. Market letters sent out after the
close Of the market were more cheerful
than in several weeks. The following
is an example: "The action of the
stock market recently has demonstrat-
ed that bearish attacks fail of their
purpose. Securities have been we'll
liquidated and stocks are in strong
hands. We suggest accumulation Of
good stocks on any signs of weakness,
especially the coppers, oils, motors and
rails. We look forward to a healthy
improvement in business conditions this
summer and fall, and the stock market
is apparently starting to discount this"
New-York tribune., 1921-04-24
Rails Strong
AS Advance in
Market Grows
Striking Gains in Some of
the Active Speculative
Issues as Traders Con.
tinue to Cover Sales

Influences making for recovery were
still in the ascendancy in the stock
market yesterday, where prices, con-
tinAing the vigorous rally of. Friday,
moved forward all along the line on
aggressive buying 1t was plainly evil
dent from the action of the market
that short interest, unnerved by the
sustained upturn of the preceding day,
vas anxious to cover commitments as
best it could This had the effect of
causing striking gains in some Of the
more active speculative issues which
have been the special targets of the
bears for some time past.
One of the outstanding features of
the market was the tone of pronounced
strength in the rail share group. The
rails Jagged behind the industrial list
on Fridays bulge, but yesterday they
sprang forward in striking fashion and
seasoned stocks like Union Pacific,
Great Northern preferred, Northern
Pacific, Reading, Southern Pacific and
Chesapeake & Ohio were conspicuously
strong, with gains exceeding more than
point. No news developments oc-
CURED to account for the improved ten
dency in the rails and in some quarters
the rise here was associated with the
impending refunding operation of the
Great Northern and Northern Pacific
roads expected to be undertaken some
time next week.
In the industrial department Mexi-
can Petroleum, which recently fell be-
low 140 on persistent selling for the
decline, went further in the recovery
begun earlier in the week and crossed
$50, closing at 152, up 8 points. Rail-
way equipments were also strong, while
the whole market was helped by the
upturn which occurred in United States
Steel common stock.
The foreign news was considered
hopeful, and probably was an impor-
tant factor in creating a more cheerful
atmosphere in the financial markets
Since the banking view is that a settle
ment of the German reparations cues
tlon would be the most constructive de-
velopment that could occur, it is not
surprising that sentiment Should re-
spond favorably to the advices from the
other side, which indicate that negoti-
ations looking to an agreement are
about to be undertaken.
Dealing at the Stock Exchange YES
terday in the two hours of trading pro
ceeded at more active pace than on
Friday, the turnover aggregating 554,-
200 shares, or at the rate of approx
mately 100000 shares for full five
hour session.
The average price of thirty repre-
sentative industrial stocks closed the
week with a net advance of approx
mately 2 points, while the average price
OF twenty. rails was up slightly less
than a point on the weeks dealings.
The more hopeful foreign outlook
found reflection in the foreign exchange
market in an advance of more than 2
cents in the pound for sterling, the Lon
don rate touching s394A for demand
bills, new high for the year. Francs
were slightly higher, while marks closed
a trifle lower.
New-York tribune., 1921-04-24
Denver & Rio Grande Western

Application of the new Denver & Rio
Grande Western Railroad for permis-
sion from the Interstate Commerce
Commission to issue 100000 shares of
no par value stock will be vigorously
opposed by the stockholders protective
committee of the old Denver & Rio
Grande, it was announced yesterday.
Counsel for the protective committee
have gone to Washington to be present
when the application comes up to-mor-
row. A protest will be made on the
grounds that equity in the property is
still in litigation and that new securi-
ties therefore cannot be issued against
New-York tribune., 1921-04-24

Minnesota totaled 114,922, 700 gallons.
an increase of 25,Ss6,s50 gallons. The
total for Ohio was 273.411,650 gallons.
an increase of o1,379,850 gallons. Con-
sumption in North Dakota totaled
41,211,4 400 gallons, an increase of 1888
5S3 gallons. Nebraska consumed ST.
361 400 gallons, an increase of 7,135,200
gallons. South Dakotas consumption
for the fiscal year ended June 80
amounted to 41,000,000 gallons, an in
crease of S,500,Oo0 gallons. Oklahoma.
also, reported for the same period,
showed d consumption of 62,991,167
gallons, an increase Of 15,63S,917 gal
Ions. In the Rocky Mountain territory
Colorado consumed 51,452,917 gallons,
an increase of ,O96 gallons. On the
Pacific Coast Oregon reported con-
sumption of 44,900,669 gallons, com
pared with 31,S53.989 for the period
from February 26 to December 81, 1919.
In the South Florida consumed 1872, ,27S
gallons in 1920, with 1919 figures in
complete, and South Carolina con-
sumed 41,225,067 gallons, an increase of
8467, 1886 gallons.
New-York tribune., 1921-04-24
London Furs Higher

All furs offered by c. M. Lampson g.
Co. in their auction in London last
week registered an advance over the
winter prices, except Tasmanian wal
laby and salter fur seal, which showed
declines of % and 35 per cent, and
Australian red fox, stone marten, Rus
sian sable, cross fox and black, rusty
and poor silver fox, which brought
January prices. The advances over
January follow: Lynx, Is per cent;
beaver, 20; wolverine, 20; ermine, 20;
otter, 10; marten, 10; baum marten, 25;
silvery silver fox, 10; dark, extra dark
and pale, silver fox, 20; blue fox, 20;
white fox, 25, and red fox, 10. Chin
chilla brought extremely high prices,
compared to January, with Americans
the principal buyers. Fisher and sea
otter also sold we'll.
New-York tribune., 1921-04-24
Philadelphia Electric Report

The Philadelphia Electric Company
reported surplus for che year ended
December 81, after charges and Federal
taxes, of $2,S11,925, equivalent, after
preferred dividends, to 1925 share at
$25 par value, earned on the 100000, 600
common stock. This compared to ST.
$50, ,O37, or 1922 share earned on the
$29,618,325 capital stock in 1919. Net
after taxes amounted to $5,375,196,
against $5,244,o65. Profit and loss sur
plus was given at $4,919,908.
New-York tribune., 1921-04-24
Wooden and WOrsted
Industry Shows Gain

Greater activity in the wooden and
worsted industry is shown in the gov
ernment report en- active and idle ma
chinery on April /. issued yesterday,
than in any monthly report issued
since last June. The gain from March
to April was lighter in the main, than
from February to March. Comparison
with subsequent reports shows the
peak of inactivity was reached on Jam
uary l of this year, since which there
has been steady improvement. The
peak of inactivity in carpet and rug
weaving, however, was reached on
March 1, when 60.5 per )cent of the ms
chinery was idle. This was reduced to
67.2 per cent on April 1, a small gain in
activity.
The percentage of idle machinery re-
ported on April /, compared with March
l, follows: Looms wider than 5O-inch
7eed space, April /, 36.1; March l, 43.1.
Looms of 50-inch reed space or less,
April /, 34.4; March 1, Alt. Carpet
and rug looms, April 1, 572; March /,
60.5. Sets of cards, April 1, 5O3;
March l, 1916. Combs, April /, 1877;
March 1, 28.3. Woolen spindles, April
l. 1928; March l, 47.2. Worsted spin
dies, April !, 21.8; March l, 33.
The percentage of idle hours to the
total, as reported on April /, which
gives better key to the rate of pro-
duction, is as follows: Wide looms,
1873; narrow looms, 47.3; carpet and
rug looms, 64.3; sets of cards, 35.8;
combs, lib; woolen sprindles, 341;
worsted spindles, 25.7.
According to idle hour reports, the
weaving end of the industry was run
ming about 57.7 per cent of normal
capacity on April l, the carpet and rug
division about 35.7 per cent, the card
ing machinery about 64.2 per cent, the
combing machinery 1877 per cent,
woolen spindles $50 per cent and
worsted spindles 74.3 per cent.
New-York tribune., 1921-04-24
Street Likes Washington News

One of the factors offered as an ex-
planation for yesterdays display Of
market strength was the announcement
from Washington that the Harding Ad-
ministration is considering the question
of bringing about easier credit condi-
tions. This may be accomplished
through reducing the discount rate of
the Federal Reserve banks. Previous
news from Washington has indicated
that the Federal Reserve authorities
have been opposed to lowering the dis
count rate on the ground that it would
encourage imitation during a period
when every effort was being made to
deaate the credit structure of the
banks. The reported consideration of a
lower rate, it was pointed out yester-
day, may reflect the opinion in high
rived when the credit strings may be
loosened
New-York tribune., 1921-04-24
To Assess Bank Stockholders

BOSTON, April 23.-Bank Commits
sioner Joseph C. Allen will take imme-
diate action against stockholders of the
Prudential Trust Company, now closed,
to recover for depositors an assessment
equal to their individual stock holdings,
he said to-day. Announcing that the
assets of the savings department would
not be adequate to meet the claims of
depositors, the commissioner said he
would ask for a court ruling as to the
extent to which savings depositors
might participate in the assets of the
mmercial department.
New-York tribune., 1921-04-24
Holidays This Week

Monday, April 25-Greece, Queens
land, Victoria.
Tuesday, April 26-In the United
States: Alabama, Florida, Georgia and
Mississippi.
Thursday, April 2S-1n the United
Stetes: New Hampshire.
Friday, April 29-Egypt, Palestine,
Portuguese East Africa, Portuguese e
West Africa, Morocco, Turkey. In the
United States: Wyoming.
Saturday, April 30--Canary Islands
(Teneriffe), Dutch East Indies, Iceland,
Persia.
New-York tribune., 1921-04-24
Paris Market Firm

PARIS, April 23.-Prices were firm
on the Bourse to-day. Three per cent
rentes, 56 francs 70 centimes. Exchange
on London, 53 francs 901z centimes.
Five per cent loan, 83 francs 95 CEN
times. The dollar was quoted at 10
francs 7Ota centimes.
New-York tribune., 1921-04-24
Breaking Insurance Records

Business Of writing life Insurance is
thriving despite the general depres-
sion. The results of a special ten-day
drive in connection with the tenth
anniversary of the election of W. A.
Day as president of the Equitable Life
Assurance Society showed yesterday
that 1926 applications for $500, ,10l
of life insurance were written by the
agency force of the organization, set
ting q new record.
New-York tribune., 1921-04-24
Domestic Silver Drops

Domestic bar silver declined from
1914 to 99A cents an ounce in the local
market yesterday. Bullion dealers at
mint instead of Philadelphia, where
operations have virtually ceased.
New-York tribune., 1921-04-24
Big Gold Yield Expected,

DAWSON, Y. T., April 23.-Esti-
mstes are made that the gold yield of
the Klondike this year will approx
mate $2,OO0,0O0. Mining operations
will open within two or three weeks.
Hundreds of men are employed here
and active preparations for the open
Ing Of the season are under way.
New-York tribune., 1921-04-24

LONDON, April 23.-Bar silver, a5d
per ounce; bar gold, 104s 10d; money,
5 per cent. Discount rates--Short bills,
5A per cent; three-month bills, 6h
per cent. Gold premium at Lisbon, 140
New-York tribune., 1921-04-24
Gain in Gasoline Production

Returns received by the American
Petroleum Institute indicate marked
increase in gasoline production in 1920.
Middle Western states reported mate
rial gains in the quantity of gasoline
inspected or consumed. Gasoline con-
sumption in Missouri last year totaled
156.2S9,750 gallons, an increase of
68,899,950 gallons. Consumption in
New-York tribune., 1921-04-24
Manila Exchange Resumed

MANILA, P. l., April 23.-The in
sular treasury of the Philippines has
resumed sale of exchange on the
United States, which was suspended
March l on account of high rates.
The premium yesterday was 10 per
cent for telegraphic transfers and
per cent on demand drafts. Treasury
officials expressed belief that ex-
change rates would decline further on
account of movements of sugar to the
United States.
New-York tribune., 1921-04-24
Bid and Asked

Following are the closing bid and
asked quotations of stocks listed on the
Stock Exchange in which there were
no transactions yesterday: