davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-10-28
J.K.E2ice, ,Jr.&CO. WillSeII

/ 25 American Brass
II 5M American Eagle Inv 6s
III 20 American Meter
II I0af American Ship & Commerce los
il 500 American Thread pfd
II 100 Chat. Nat. Bank rights
II IC0 Clnn. 4 Northern Il. X.
II ~ City of New York Ins
III lUO continental Insurance
II IOo Eastern Penn. Ry. com. pfd.
100 Empire Stl. Il Ir com. 4 pfd
II % General Baking com. Il pfd.
30 Giililand Oil pfd.
II f0o Horn Il Har rdari y. Y. com.
% Ice Service Corp. pfd
II luo Ivan Is. NOTdhem Co. pfd
100 MCCALL Corp. com. Il 1st pfd.
90 National Fuel Gas
ii lGo Nat. Ice .& Coal all issues
II 90 \. \. Mutual Gas Light
leo Niles s-Bcmeni-Pond com.
100 y. \. State Rys com a. MD
20 Ohio Oil
II 30 Pacific Coast all issues
II 5COC Peoples Coll. Pledge SOC.
200 Pyrene Mfg.
II loV Rem. Type. End pfd.
!, 100 savage Arms End pfd
I 5M Sen Sen Chiciet 6s
+. 100 Shuts Bread
! 25 Singer Mfg.
500 Singer Mfg. Ltd.
20 Standard Oil of Kansas
so :. ;. White Dental
100 TayiOrV Wharf. J. Il :. com.
J.K.Rice ,Jr.&C0.
'hohes 1000 TO 1910 JohI- as Wall ST.. n. :
New-York tribune., 1921-10-28
Money and Credit

After renewals had been made at
51a per cent and some business in
new loans had been done on this basis
call money rates moved up to per
cent ct the close yesterday. The stiff
ening tendency was attributed to the
end of the month settlements The
government withdrew $3,00OO00 from
local banks yeSterdaV
New-York tribune., 1921-10-28
Chinese Loan announcement Soon

Representatives. Of the banking
houses in the American group Of the
international Chinese consortiunl met
in another conference, the second this
week, at the Morgan Offices yesterday
relative to the proposed refundng loan
for China. No decision has yet been
reached in the matter, but it is expected
the group will be in position to make
statement early next week, probably
on Monday. Early action on the loan
is imperative, as China has $5,500,000
loan falling due on November J..
New-York tribune., 1921-10-28
In Wall Street
No News ON Mexican Negotiations

Thomas w. Lamont was back at his
desk at the Morgan Offices yesterday
wading into the accumulation of busi-
ness that had piled up during his visit
to Mexico City. The banker had no
public statement to make relative to
his trip other than to say that the
train service between the Mexican bor-
der and Mexico City was good. He had
nothing to say regarding the results Of
his negotiations with representatives Of
the Mexican government relative to
Mexican tinancea. 1t j. understood
that the American banking committee
on Mexico and the foreign banking
groups will be informed Of Mr.. La
mont's discussions with Mexican Off
cials before any public announcement
is made.
New-York tribune., 1921-10-28
Transactions Yesterday in Listed Stocks
Summary Of Stock Exchange Dealings

(Copyrght 1871 Now York Tribune Ino.)
Evening star., 1921-09-03
WHEAT ADVANCE IN WEEK
FIVE POINTS; CORN LOSES

CHICAGO. September 3.-The prices
for wheat have advanced Az to S
points during the week; corn lost "a
to y. while the figures on oats show
ed exactly the same that was shown
a week ago. Provisions gained 35 to
10.
Reps rts of large sales for export
early in the week started the market
on the upward trend. This was fol-
lowed In midweek by a private crop
report, showing 100000 bushels of
wheat less than the government Au-
gust report for all wheat. This served
IS q stimilant to the market and a
gain of 5 cents was noted then.
This gain was generally maintained
until yesterday. when a closing of
spreads between here and Winnipeg
weakened the market and it slumped
off between l and points.
The market broadened until 1928 for
December was reached, when a flood
of selling took place and the high
mark was not sustained.
Export demand for corn served as
& sustaining influence during the
majority of the week. the market
displaying a slight weakness toward
the end. oats followed corn through
out.
Provisions displayed a firm tone
mainly owing to the strength in
grains.
Evening star., 1921-09-03
REVIEW OF WOOL TRADE.

BOSTON. September 3-The Com
mercial Bulletin publishes wool quo
tations as follows:
Ohio and Pennsylvania fieeces-De-
laine. unwashed, 33a35: fine, unwash-
ed. 2Sa29: one-half blood. combing,
29aS0; three-eighths blood, combing,
25a26.
Michigan and New York fceces-De-
laine, unwashed. 31a33; fine, unwash-
ed. 26a27: one-half blood. unwashed
25a26; one-Quarter blood, unwashed
22a2A
Wisconsin. Missouri and average
New England-One-halfb blood, 23a24
three -eighths blood, 21a22; one quar-
ter blood. 2la22.
Kentucky, West Virginia and Simi-
lar-Three-eighth blood. unwashed
26a27; one-Quarter blood, unwashed
23a25.
Secured basis. Texas-Fine. twelve
months. 65a75; fine, eight months
5Oa55.
California-Northern. 70a75: middle
county, 65a6S; southern, 50a55.
Oregon-Eastern, No. l. staple, 7Sa
so; eastern clothing, 60a65; valley. No
/, 65a70.
Territory-Fine staple choice, s0as5;
one-half blood. combing. 6sa72: three
eighths blood. combing. 50a55; one
quarter blood. combing, 35a3S: fine
and fine medium, clothing. 60a63; fine
and fine medium. French combing
65a70.
Pulled-Delaine A, So; AA. 75aS0;
A supers. 60a70; c supers, 25a2S.
Mohairs-Best combing, 21a3O; best
carding, 22a25.
Evening star., 1921-09-03
PARTIAL PRICE RECOVERY
AT EXPENSE OF SHORTS

NEW YORK. September 3.-Partial
recovery Of prices In the stock mar
ket this. week was affected largely
at the expense Of. the shorts. that
element evidently taking heed OF
gradual improvement In many lines
of trade and industry.
however, the confusing course of the
Mexican group being accompa MED
Ky conflicting reports respecting the
outcome Of negotiations now in prog
|ress.
Rails were only moderately respon-
sive to additional favorable state
ments of earnings and several OF the
investment division, notably the Hill
group, were under pressure arising
from. their doubtful dividend status.
Stecls and equipments Of the more
seasoned types threw of much oi
their recent torpor. although adVices
from steel centers reported slow re-
vival of activity. In trade circles
however, the belief prevailed that
large contracts for railway would
soon be awarded.
Crop demands prompted interior
hanks to draw heavily against local
re serves, causing call loans to hold
at 51a per cent. There were free.
purchases of merchants paper, bank
|acceptances also being in better de-
mand.
Marked improvement was mani
This was evidenced ty the higNi
range quoted for standard bonds AMI
the speedy sale of $25, 100000 of Bra
|z,lian government bends. together
with smaller domestic and foreign
offerings.
Evening star., 1921-09-03
LOCAL WHOLESALE MARKET.

Esgs-Strictly fresh, per doz.. 37a3S:
average receipts. 36a37.
Live poultry--Roosters. per tb.. IS;
turkeys. per h.. 33a35: chickens. spring.
per h., 80; hens. per h., 25a2S; keats
Young. each, 35a50.
Dressed poultry-Fresh-k killed spring
chickens. per h.. 34a36: hens. per !b.'
2s; ROSTERS. per h.. %; turkeys, per d.
ssa40: :Sea!s. young, each. 60a75.
Pork-Dressed, small, per lb., 10.
Live stock-Calves. choice. per ID,
IL: lambs. choice. per h.. 1ea11; live
hogs. per lb., 9Is.
Green fruirs-Apples. per bbi.. SOFA
1000; per buslel basket, $50; west
ern. per box. 3.50a5.00: California lem
ons. per box, 5.00a6.50: California
oranges. per crate. 6.00a7.00: peaches.
per bushel. 3.00a3.5o; cantaloupes, per
crate, 1.60a3.50.
Observation-Disclosures. new. No. l. Per
barrel, 5.00a6.00; No. 2. 2.25a2.75: sweet
potatoes, per barrel. 3.00a4.00; lettuce
nearby, per crate, 75a2.0o; New York,
crate. 1.0oa2oo; celery. per doz:. SGaas; ,?aT.
romaine lettuce, 75a1.25; cymblings'
per crate, 50a75; spinach. per barrel.
3.OOa4 so; onions, 2.00a4.50; cabbage,
S.00a3.50 per bbl.: cucumbers. l.O0al.5o;
eggplants, per crate, 1.50a2: 90; tomatoes,
per box. 75a2.0O: corn. 10a25 per dozen;
beans, 1.00a3.O0 per barrel; lima BEANS
2Qa25 per quart.
Evening star., 1921-09-03
The Skip-stops.
70 the Editor of The Star:

TO the Editor OF Ihe St3r:
Referring to Mr. Truesdell's letter in
The Star of August 80 on the skip
stop system here. I wish to say that
prefer this system to the old one of
stopping at every street corner. l am
over eighty years old, not as spry as
l once was, but much prefer the pres
ent way to that before the war. Our
line, the 9Th street, is often crowded,
so that many have to stand.
Your correspondent is particularly
unfortunate in his reference to the
transfer points mentioned. He says:
streets for passenger who has come
down 11th street and wishes to go
down 9th. He is carried across 9Th
nearly to Sth street, gets off there to
walk or run back to 9Th and up nearly
to G. street to get his car"
Now, ] have noticed recently that
the 9th street cars going south run
nearly to F street before stopping;
and as to the cars going east nearly
to Sth street. in busy hours. IN order
to accommodate two cars at once at
the loading platform. the first car has
to 20 to the east end of the platform
before stopping. So the rule is. pre-
s;,rne. for all cars to go to the east
end where possible.
The point of transfer on 11th street
above G, as being half way to H
street, is also exaggerated somewhat
by Mr.. Truesdell. it being opposite the
west entrance to Patais Hoyal.
n may be that some Improvement
can oe made in skip-stops where very
long blocks are concerned, but as a
General thing believe they are well
NATHANIEL FREEMAN.
Evening star., 1921-09-03
GRAIN AND PROVISIONS.

AA@ AHAO1sC' 1au.s oepleHoeT D
Especially White. bushel.
1.75a2:0o: 100 pounds, 2.25a2.50; Nos. 2
and 3. 50a1.25; sweets, barrel. 3.00a
375; yams, 2.00a2.50.
Beans. bushel. 50a1.00; beets. bunch,
2a3 "; cabbage. head, 4as; carrots.
bunch. 3a4; celery. crate, 2.75a3.00:
corn, dozen, 6a12; cucumbers, basket.
S5a50; eggplant, basket. 15a20; let
tuce. bushel. 50a1.25; lima beans.
75a1. 90; onions, bushel, 16Oa175; pep
pers. basket, 20a25; squash. basket.
15a2O; tomatoes. basket, 35a50; bush
ell. 75aS5.
Apples, barrel, e.50a4.50; bushel. 1.50
a2.75; canta1oupes. basket, scars;
crate. 1.00a2.25; damsons. pound. 7aS;
peaches, basket. 75a1.00; bushel. 2.00a
100: pears. Bartlett, basket. 1.00a ]. IS;
Seckeis. 75a1.00: common. 50a75;
plums. bushel. 3.0Oa4.O0; wa;ermelons.
selects. per hundred, 2O.O0a25. 90; primes,
S.00a12.G0; culls. 3.00a5.00.
CHICAGO. September 3.-Wheat
opened somewhat unsettled. with
about one cent A small break early
was followed by a sharp rally on
buying by strong commission houses,
while the selling was scattered in the
main. opening at 1.23A to 1.24 for
September. 1.24s4 to 1.25 for Decem-
DeE anu 1SJ 10Y may. Wnlcn was h2
lower to Il higher than yesterday S
finish.
The end of the first hour. however.
found wheat l 10 II higher. with the
market taking on a slightly firmer
tone.
Corn opened rather dull and a trif1e
easier. Country offerings were light
due TO some extent to the recent
break in prices. September opened a
shade to u off, with September al
| 531s: December at 53% to 53k. and
May at 57Hs, but slight rally dur
| ing the initial hour carried the mar
ket slightly above last nights fin
| ish.
Oats opened dull, unchanged, to 2.
higher. with September at 343s; De-
! cember at 3S and May at 41s4. Oats
also made slight gain early and the
end of the first hour found prices a
shade to 4 higher than the opening
PROVISIONS were steady. A private
| report stated that recent purchases OF
lard were almost phenomenal.
Evening star., 1921-09-03
REACTION IN COTTON,
FOLLOWED BY ADVANCE

NEW YORK. September a.-The
action of the cotton market during
the past week centered on the gov-
ernments crop report, which was
preceded by a violent reaction and
followed by an excited advance in
prices. the earlier week was mark
ed by a continuation of the buying
movement which had been started by
reports of crop deterioration toward
the end Of last month. When De-
ccmber contracts, which had sold as
low as 1912 on the mid-August
level. however, there was q sudden
effort by recent buyers to secure
profits. This was not due to any
special change in the general news.
but to a feeling that the technical
position of the market had weakened
and that a low condition figure
had been discounted.
below the previous low record for
August Is, and pointed to crop
Of only 100000 bales, the bullish
effect Of which was intensified by
many private reports indicating that
the deterioration in progress last
which followed these figures carried
the market up to above the 1S-cent
lAyel for December and later months,
making advances OF between AZ and
cents per pound from the low
record of last June. Some southern
hedge selling has been reported at
the advance, but the fear that cotton
will be rushed on. the market has
materially diminished. owing to the
arrangements that have been made
for financing slow marketing OF
cotton available for export. Heavy
realizing sales were reported. but
both Liverpool and the continent
were active buyers here and Offer
ings were absorbed on comparatively
moderate reactions.
Evening star., 1921-09-03
CUTTING OF ARMAMENT,
A Peace Program for the Nations a
Necessary Corollary.

To the Editor of The Star:
The several nations of the world at
tending the conference in Washington
in November should come with the
sincere determination to do all in
their power to bring about general
reduction OF their own armaments and
not simply to see what the other
powers are willing to do and then re-
duce their military forces propor-
tionally, somewhat above the others.
An earnest desire on the part of all
the nations to reduce will be success
full. If, however. it is suspected that
some of the nations wish to retain an
advantage over others, that suspicion
will nulIify all efforts.
The history of the world has shown
that it has been thought necessary for
each power to be on guard against
most others. There has been no real
trusting of one another. Now, in the
forthcoming conference, if it be un-
derstood that each nation is resolved
to cut down armies and navies for
all except internal police duty the
adoption of the policy will be easy.
though the carrying out of the details
may be complicated.
The adoption of peace program for
all the nations will be necessary
corollary to limitations of armament.
and should constitute material part
of the discussion and action of the
conference.
Ii there is sincere desire to do
away with war among nations-and no
nation now desires war with it's in
finite horrors and paralyzing costs
that purpose can be largely effectu-
ated through the doing away with the
means of making war. 1t is the enor-
nous forces kept under arms in the
world which makes every nation
fearful of attack from others. There
is no real confidence in the friendli-
ness and peaceful purposes OF the
nation whose guns are always loaded.
Let each nation unload it's guns and
turn them into spades and pruning
hooks, and the permanent peace OF
the world will be largely assured.
LIE ROY PARKER.
Evening star., 1921-09-03
OYSTER SEASON OPENS.
Maryland Reports Prospects O
Good Supply of Shellfsh.
Special Dispatch to The Star.

Special Dispatch to The Star
|, BALTIMORE. September 3.-AIary-
lands oyster season opens fairly
successful: season, with a good sup
Ply OF sheilhsh in excellent condi-
, tion, is indicated by reports received
by the conservation commission from
deputy commanders of the oyster fleet
The number of tongers is expected to
at least equal the number operating
sued.
Although reports SO far received are
still incomplete. it appears that the
! lower parts Of the bay and the deeper
reaches OF the bars in the upper bay
are in better condition than the beds
in shallow water. where mussels are
reported to be plentiful, and. in some
cases, to cover the oysters entirely
Mature oysters seem to be in good
condition and young spat are plentiful,
!, The dredging season does not open
until November /.
Evening star., 1921-09-03
by STUART p. WEST.

NEW YORK. September 3-A re-
view of events since last Saturday
would not overstate things If it said
that this has been the most encourag-
ing week for the business and finan-
cial situation for a year. This does
not mean, of course. that there mas
been any radical change for the bet
ter in industry generally. Nor does
it mean that there has been any
great and striking advance in Sc
curity prices But it does imply that
there have been more signs in the
business world than at any time so
far that the bottom of the depression
has been reached. These have been
accompanied by the most convincing
demonstrations yet given. that the
forces of decline have at length been
arrested in the Wall street markets.
The Rise in Cotton.
The most important incident of the
week has been the extraordinary rise
on the cotton exchange. In barely
more than a fortnight prices have
risen over four cents in the pound.
and are up between six and a half and
seven cents from the low of June.
In normal times such cotton re-
port as the government put out this
week. with an indicated shortage of
some four to five million bales as
compared with normal. would have
been taken as very bad piece of
news. 1t is one of the paradoxes of
the economic conditions resulting
from the war that decreased pro-
ductlon in any line is welcome, be-
cause it is the only means through
which prices can regain a profitable
level.
Three months ago cotton was SELL
ing below the cost of production, and
growers were refusing to dispose of
their holdings at the enormous sac
riice entailed Bank loans. based
upon cotton. were frozen solid. There
seemed no present hope of their be-
ing paid off. The cotton industry.
composing the leading source of buy
ing power in the southern states, was
IN debt. 1t was difficult to see how
It was going to pay off it's obliga-
tions. and still more difficult to Wis
ualize the development of a new buy
ing power. which would start the
wheels of business going again.
Shortage of World Supply.
1t has taken the most damaging
crop year in history to bring the
transformation that has now occurred
IN the cotton trade, and with it in the
whole industrial outlook for the
southern states. An indicated Weld
Iof only little over 100000 bales
not much more than half the crop a
year ago--raises the possibility of a
shortage. of an actual scarcity of
world supply. whereas at the begin
n!ng of the summer there had been a
surplus overhanging that was to all
practical purposes unstable. This
tremendous change is represented
concretely by the addition of some
thing like half billion dollars to the
value of the American cotton crop, old
and new.
The most vitality interesting ques-
tion at the close of the week is how
Tar this incrtase is going to rea ct.
trst upon southern trade, and later
upon the business situation elsewhere,
Evening star., 1921-09-03
DEMAND FOR VAN DUsEN.
Requisition Here for Transfer of
Ex-Representative to Baltimore.

Requisition papers for Clarence
Dunn Van Dusen. former representa-
tive, wanted in Baltimore on a charge
of obtaining $3.50 by false pretenses.
were brought to Washington yesterday
by Detective Lieut.. Dunn of the Balti
more force.
Van Dusen IS being detained at the
seventh precinct upon his failure to fur
nfsh bond of $4,000 for appearance un-
der a habeas corpus writ issued in the
District Supreme Court. Following a
conference in the Office of the district
attorney. it was decided that Van Dusen
should remain in Washington until after
his hearing, which was set for next
Wednesday, when police will be asked to
show cause why he should not be re-
! leased.
Detective Dunn had with him a war
rant charging that Van Dusen had
passed a worthless check for $3.50 on
Charles D. Winters, a Baltimorean.
Evening star., 1921-09-03
REVIEW BY BRADsTREET.

NEW YORK, September Brad
streets review today says:
Jobbsng trade reports are much more
cheerful, especially from the south and
,weSt. and this access of optimism
seems to have had fairly good basis
in larger volume Of trading for near
by fall account. In addition, the in
dustrial situation lis regarded as hav-
ing improved somewhat, several i'm
portant cities note a reduction of un-
employment. there has been a quite
marked upward surge in prices of raw
cotton and cotton goods. grain market
ing has been free. with exports heavy,
and there is rather better trend to
late crop reports. cotton excepted.
Modifying the very generally more
cheerful trend of the majority of the
weeks happenings. it might be noted
that the stock market has continued
to display indecfsion, but foreign ex-
change rates have generally ruled
stronger. and the bond market has
shown little more life. Retail trade
is rather inactive. as not unusual at
the close of a summer season. Week.
ly bank clearings, s5,392. 100000.
Evening star., 1921-09-03
MANY ENCOURAGING FACTS
HELP THE ENTIRE SITUATION
Shortage In Cotton Crop the Chief lnAu-
ence-Wil1 Rehabilitate the South.
Strong Resistance to Bears.

The only tangible piece of testimony
| SO far was the statement on We'd
nesday by the Iron Age that, because
of the increase in exports and the
| improved outlook in the southern
states. Tennessee Ccal and Iron-the
Principal southern subsidiary of the
United States Steel Corporation-had
| ra ised its active capacity to nearly
30 per cent as against less than 80
rer cent, the average generally.
Wheat Exports Heavy.
Is the wheat market facing the
same recovery as cotton? This Is an
o,her leading question Wheat ex-
ports. like those of cotton, are run
! ming heavy. and. now that tie pro-
gram of. Russian relief has beer
agreed upon, they are likely to con-
! t'nue heavy for the rest of The sea- :
son. 1t has been a bad crop year in
the northwest, how bad Is soon to be
revealed when the government pub
lshes its report for September.
The difference between the two situ-
ations is that the outside world is
not dependent upon American wheat
! to anything like the extent it is upon
American cotton. There is no idea
/, of any shortage.
Still it is conceivable that when
the present movement of the Canadian
| wheat crop to market is over prices
Will reflect more than they have so
far the comparatively small harves:
at home. 1t goes. without saying
! that if the wheat farmer were put
in the same position as the raiser
| of cotton now, where he could pay
off his debts and begin to buy again,
recovery in general business would be
brought into much nearer prospect
! than has seemed likely for long
while past.
Wall Street Sentiment Better.
! unquestionably has had some such
i idea in mind. 1t has differed from
F, other recoveries that have occurred in
recent months, in that 1t has had an
appearance of durability which has
not been present before. The Wall
; street bear party" has. to be sure.
badly misjudged conditions and the
| covering in of short contracts has
had a good deal to do with the rise
of the past week. But, apart from
, this. sentiment is genuinely better
and this has shown in a good deal of
new buying for both investment and
speculative account. This buying
doubtless would be cautious about
+, following prices up much from the
| present level, but it would come in
freely on any decline.
Easier Money Probable.
Meanwhile bank reserves. contrary
to the precedent at this time of year
continue to gain. If the demand for
money makes itself felt over the mid
September tax period 1T will only be
a temporary furry. Gold keeps pour
F; ing in from all parts of the world
! and the tendency still Is toward con-
traction of loans and paper note is
/ sues.
/! Consequently. despite the autumn
j crop moving demands. money prom
| ises to be easy. and after the turn OF
! the year to become a real drug. In
| this outlook there is stimulus to the
| investment market. and to all sound
/ business enterprises requiring the use
| of credit, which constitutes an unu-
sual background of strength.
Copyright 1917