davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-02-21
WOOL SALES GROW
in BOSTON MARKET
Mills Buying to Fill New Or.
ders Following Recent
Shutdown.

BOSTON, Feb. 20-The American
Wooden Company has bought $4,000
bags of foreign and domestic noils,
mostly of the fine order. This oper-
alton has helped to encourage all
sections of the trade. Prices paid
for the fine noils are said to have
ranged from 36 to As cents, the lots
including half-blood and inferior
woods, as we'll as the better grades.
Sales also have been made to the
American Cap Company and others.
of both quarter-blood and three
eighths blood noils. the former hav-
ing sold at 80 cents and the latter
at 36 cents to 81 cents.
Another interesting development
of the week the way that the
trade has taken hold of the woods
being offered in liquidation of the
stock of a well known importing
house. Considerable speculation has
been developed in the low grade
woods from this stock. A good turn
over is being made.
Both wooden and worsted mills
are buying steadily, not in less
values, but sufficiently to keep them
running from week to week. Mills
are all running on orders. whereas a
month ago most of them were
closed.
Choice Montana staple has sold
during the week at s5. cents clean.
Good to inferior wools can be had
at 90 cents. Half-blood staple Mon
tana has sold at rs to so cents clean
and fine clothing wool out of the
same clips at rs to n cents. Three
eighths blood wool has been rela-
lively quiet, but some Montana has
been moved at so cents clean. Quar-
ter blood has sold at 46 cents.
Fleece woods, especially fine Ohio
grades. are in too small supply to
sell actively. Early increase of
however, is promised.
Wool is now being rushed to Bos-
ton from all points and plans are
Icing made to enter some shipments
at Honolulu In order to save time.
The Customs House has ruled that
IL wool were taken to Honolulu in
an American vessel, 1t might be en-
tered temporarily and then brought
the rest of the way at the con-
signee's leisure, but that IL 1t were
brought in a foreign bottom, 1t
would have to be entered perma-
nently and held until an American
ship came to take 1t away.
The Washington herald., 1921-02-21
MAKES PLEA FOR
FOREIGN TRADE
National Association of Credit
Men Urge liberal Appro-
priations for Commerce.

NEW YORK, Feb. 20--Pointing
out that more than l5,e00,O00 per-
sons here are entirely dependent
upon foreign trade FOR their living,
the National Committee on Foreign
Credits of the National Association
of Credit Men last night sent
communications tn President-elect
Harding and other prominent mem
bers of Congress, who are urged to
make liberal appropriations in the
future toward maintaining the ac-
tivities of the Bureau Of Foreign
and Domestic Commerce.
Declaring that tine money eX-
pended to build one torpedo heat
alone would well cover the eX-
penses of the government in the
successful establishment and main
tenance of our commercial rela-
tions with other countries, L. r.
Browne, chairman of the committee,
writes:
TOO much can hardly be said OF
the results already accomplished,
nor is IL possible to eX1gSerate the
opportunities for service which will
come to tine Bureau of Foreign and
Domestic Commerce with the prog
ress OF time. 1t Is astonishing that
with the limited funds at its COM
mand that the bureau has been able
to accomplish what has already
been done by it, Its help Is sought
and appreciated in many quarters.
1t is perhaps true that the keen ap-
probation with which the results
of the work of that bdreau have
been received has not been voiced
as adequately as possible.
4.
United States totals vast sums of
money every year and in a large
measure the maintenance and
growth of the export portion of that
trade depends upon an efficient per-
sonnel in the Bureau of Foreign and
Domestic Commerce. 1t seems logi-
cal. therefore. to conclude that ade-
quate provision should be made for
department on which so much de-
pends and 1t is with the idea of in
surihg through the medium of your
self and other members of Congress
that this letter is addressed to
you and in the hope that the high
regard In which the bureau and its
work is held by the business COM
munity of the country as a whole.
will be borne in mind when con-
sidering future appropriations; that
the bureau may be more adequately
provided for: that IL may be able TO
extend its present activities and re-
tain its personnel. at salaries more
nearly adequate. men who have
shown their ability during their
long service and add to its strength
by attracting to itself other compe-
tent men,"
The Washington herald., 1921-02-21
FAILURES LAST WEEK.

The insolvency record last week
shows a considerable increase in
commercial defaults, which num-
bered 462 in the United States, as
against 364 the previous week and
$50 in the preceding week. In this
week last year only 124 failures
were reported. but the business NOR
tality at that time was unusually
moderate. More defaults occurred
last week in each of the geographi-
cal sections into which the state
ment is divided. there being an in
crease over. the previous week of
13 failures in the East, 46 in the
South. 32 in the West and Z on the
Pacific Coast. The number of in
solvencies involving $1,000 or more
in each case last week is 220, as
compared with III the previous
week.
The Washington herald., 1921-02-21
BACKWARD TREND
CHECKED in SPOTS
Recovery Comes Irregularly
And Not Easily Accomplished,
Says Dun's Review.

The retrograde movement in busi-
ness has been checked in some quar-
ters. but recovery does not come
other than slowly and irregularly.
and not easily accomplished. With
various markets in a waiting posi-
ton. the initiative in most negotia-
tions remains with sellers, and fur
ther price concessions are usually
necessary to stimulate moderate pur-
chasing. The continued fall Of prices
is evidenced by Dun's comprehen-
sive list of wholesale quotations,
with recessions again largely out
numbering advances this week, and
part of the hesitation among buyers
Is due to their belief that a cautious
policy will prove advantageous. Such
a condition has arisen in iron and
steel, in which the readjustment
came later than in most other lines,
and 1t prevails even in those branches
where gradual revival has followed
months of dullness. After a pro-
longed- period of restricted trading.
some replenishing of broken stocks
Of merchandise is required, but
there is no disposition to anticipate
needs very far into the future. The
general attitude, on the contrary.
continues one of rigid conservatism,
though the steady smalllot takings
In certain directions, as in textiles,
are encouraging. 1t Is not unnatural,
with current demands uneven, that
production results vary considerably
in the different industries, and that
increasing operations at some plants
contrast with greater curtailment at
others. Thus far. manufacturing and
transportation have not encoun-
tered the usual setbacks from the
storms and cold of winter, but the
moderate and open weather has re-
tarded retail distribution of season.
able goods, and special sales of ac-
cumulated supplies remain a feature
throughout the country. While the
response to these offerings has been
such as to indicate that a large buy
ing power still exists, consumers
are much more discriminating in
their purchases and the question of
price enters sharply into calcula-
ton
The Washington herald., 1921-02-21
BILLION IN TRADE
DALLAS 1921 GOAL
Merchants in Texas City Are
Banded in Business Boom
ing Movement.
Especial 70 Business Section Of The wash.
ington Hsrald.)

Especial 70 Business Section Of The wash
ington Herald.)
DALLAS, Tex, Feb. 20.-Business
interests here have Joined in a cam
paign to make this a $1,000, ,000,000
market for 1921. Figures compiled
by the chamber of commerce show
that the wholesale business here last
year reached the record figure Of
$500. 900, 900. as compared with $415,-
000,00 in 1919, s300.000,0O0 in 1918
and $262, 900, 900 in 1917. Retail busi-
ness last year was estimated at $25,-
900, 900. and with the farmers Of this
entire section enjoying the profits
of bountiful crops. and with the
State producing $1,000.0e0 worth of
petroleum a day, local merchants
are confident their aggregate busi-
ness for the year will reach the
81, 900, 100000 mark.
The wholesale buying season was
ushered in last week with a style
show" Merchants from Texas.
Oklahoma, Arkansas, Louisiana and
Mexico were present in large num-
bers, and the buying was steady.
1t Is expected the registration of
visiting merchants for the year will
total 10000. Railroad fare Is re-
turned to retailers upon the pur-
chase of a certain amount of goods.
Mexican Trade Increases.
Following the visit of President
Obregon and other officials and busi-
ness men of Mexico to the State
fair here last year, and the attend
ance at the Obregon Inauguration
by a large delegation from the Dali
las Chamber of Commerce, trade
with Mexico Is showing greatly in
creased proportions.
That many farmers in the South
west will curtail their cotton acre
age this year and not a few will
eliminate this crop altogether, is
reasonably certain in the light of
the heavy increase in winter grain
acreage announced by government
crop reports and the Federal Re-
serve Bank. The winter wheat
acreage planted in Texas last fall
is estimated at 1.S34,000 acres, an
increase of 100000 over 1919.
Wages for common labor have de-
clined from 81 to SO a day in the
Southwest, which it is thought will
be stimulus to building. as well
as marked advantage to farmers.
During 1920 Dallas ranked nine
teenth in building permits granted
in cities of the nation. Total con-
struction in Dallas for l9ls-1920
amounted to approximately s2s,00o.-
900, but the city still is short $500
residences.
The first shipment of the 100000
tons OF steel for the twenty-eight-
story Magnolia Petroleum Company
office building has arrived, and the
architect, Alfred c. Bosom, of New
York, estimates that by May l all
steel work for the building will be
in place. Dallas is termed the sky
scraper center of the Southwest,
with sixty-two buildings six to
twenty-eisht stories. completed or
under construction. Dallas Is an
open-snop city. When the Open
Shop Association was formed BY the
Chamber of Commerce in 1919, there
was ss,000,000 worth OF building
tied up by strikes. Since then :here
has not been a strike in construc-
tion circles.
The Washington herald., 1921-02-21
Smaller Jan. Building Permits

While expectations of a revival
Of construction activities prevail in
various quarters, the January build
ing statistics do not make a favor
able showing. As reported by 9s of
the country's principal centers, per-
mits issued for new structures in
volved an estimated expenditure of
about s50.5o0.o0o in January. or the
smallest amount Of any month in a
long period. The decline from the
total of January. 1920. when the per-
mits granted at the same number
OF cities had a value exceeding
s1os.ooo.0o0. is 53.5 per cent, and
lower prices Of certain materials
and reduced wages this year explain
only small part of the difference
in the permits Practically all of the
large centers show sizeabie de-
creases. the falling OF being. espe-
cially marked at such points as Chi
cago. Cleveland, Detroit. Newark,
Philadelphia and Seattle. and the
loss in Greater New York is si.5
per cent.
The Washington herald., 1921-02-21
American Successes Stamped
Indeibly Upon Industrial Life
OF Brazil, Reports Trade Tourist

spot during the past few troublous
months in 30 per cent OF the cases
the fault was with the American
exporter. Apparently for the most
part this was due to the ignorance
OF the persons actually charged
with the dispatch of the goods.
l emphasize this point because j
desire to show how the successful
traders have avoided such mis-
chievous incidents. They 4 have
found IL pays to put respohsible
men in charge of important details
in the United States and in charge
Of the receipt of goods here.
Americans have wondered at the
system which permits a Brazilian
customs Official to impose a fine for
breach OF detail regulation and to
keep half of the fine for himself.
But they also have found that once
they earn a reputation for fair
dealing the fines are few and when
unjust, an appeal to the superior Of
ficials brings redress.
The Washington herald., 1921-02-21
PRODUCTION GAIN !: !:
EXCEEDS GROWTH
OF POPULATION.
Increase in Physical Vol
ume of Industries Is :.
Much Greater. - -
WAR STRESS SHOWN
Productive Capacity Increased
Beyond Point Justified by
Ability TO Consume. ID

The approximate increase be-
tween 1910 and 1919 Of the pr due
ton Of manufactures OF the United
States was 3l.7 per cent, Of minin :
SS.s per cent and OF agricuItur.
Ills per cent. During the same De-
riod population increased l3.S per
cent.
The increase in the physical vol
ume OF manufacture and mining, IL
will be noted. was much greater
than the increase in population.
This fact must be taken seriously
into account in any consideration og
the course and methods to be pur-
sued in restoring healthy conditions
OF production and distribution, both
In the domestic and foreign heids.
While the STANDARD Of living has
been greatly raised within the last
ten years il is not believed that the
increased consuming capacity due
TO this factor has been great enough
to overcome the difference between
the rate Of population increase and
the growth of productive capacity
Some light is thrown upon this
phase Of the question by the es-
timated increase in national wealth.
ouE National wealth.
In 1912 the national wealth Of tho
United States was estimated ae
slsS. 000, 10000 An unofhcial es-
innate Of the wealth Of the Unit
ed States in 1919 is s2so. 900. 900 600.
or an increase OF 80 per cent. The
relation between national wealth
and capacity to consume is not
definite. but on the other hand IL
seems entirely reasonable TO as
sumo that a nation which had an
increase of 80 per cent in national
wealth would consume more OF the
luxuries of life. even IL its consumr-
tion OF necessities did not greatly
increase.
These considerations are not
stated with the purpose Of mini-
mixing the Importance to be attach
ed TO the increase in productive
capacity as compared TO population.
but to suggest that that increase
should not he taken on its face as
indicating an exact measure OF eS-
cess production which must be dis
posed of outside Of the market
represented by the people Of Che
United States.
In this connection Il should he
considered that the great increase
chart in the production Of mann
factures and mines between 1917
and 1890 was due largely TO war
demands The sharp decline from
the peak Of 1915 is conclusive on
this point.
Nevertheless. IL has been demon.
strated thatiwe have this enormous
capacity. represented very largely
by plants which are to a consider
able extent idle, and therefore an
economic loss.
The Washington herald., 1921-02-21
Iron and Steel Price Contrasts

steel remain sharply defined. the
spread between the quotations of
the leading interest and those of
the independents steadily widening.
Recent reductions uncovered some
urgent business. but most buyers
are still holding of where possible.
in the belief that prices have not
yet touched bottom. Transactions
at IS ton below the Steel Corpo-
ration's basis are reported. and
the Iron Age states that lowest
dependable prices are difficult to
name"
The Washington herald., 1921-02-21
American TsIs,hsas & rsIssraph Co.

A quarterly dividend Of Two Dollars per
share win be paid on Friday. April Is. 1921.
to stockholders Of record at the close of
business on Friday. March Is. 1921.
On account Of the Annual Meeting. the
transfer books will be closed from Saturday,
March 10. to Tuesday. March %. 1921. both
days included. g. D. NILNE, Treasurer.
The Washington herald., 1921-02-21
Given Jobs, Quit.

Men put to work by the city of
Great Falls, Mont. at IS day to
afford relief to the unemployed have
been called out on a strike by the
Federal Labor Union, which de-
manded the men be paid $3.50, the
union scale.
The Washington herald., 1921-02-21

Bradstreet's index number, which
represents the sum totals of the
prices per pound Of ninety-six ar
ticles of common use. showed an in
dex number of 1856 in January COM
pared with 1853 in December. 1920,
and a high point of 20.S7 reached
in February year ago. Brad
streets index shows a decline for
WHOLESALE PRICE INDEN
The Washington herald., 1921-02-21

NEW YORK. Feb. 4o.-R. L.
|elch. general secretary and cour-
% the American Petroleum To-
te. today makes public the first
Pn of his forthcoming report.
report. which will be published
sew days viii cover the oil sit
in the United States andre
the work of the institute since
sS(6rmation on March 20, 1918.
The Washington herald., 1921-02-21
Greater Engine Emciency.

The time has now come when.
pm the oil mans aspect. it would
m as though the problem of the
motive engineer Is to build en-
that instead of going from
to twelve miles on a gallon
hsoline will go twenty to thirty
The Washington herald., 1921-02-21
NUMBERS BY GROUPS.

Copyright 1871. BY Warrington Herald.)
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1921-09-28
STAMFORD

Mrs. Katy Knapp is on the sick
list.
Paul Sanford returned to Amherst
Agricultural College, Saturday, Sept.
"a
Miss Myrtle White Of North Adams,
was the guest OF Mrs. Frank Brown
Sunday
Miss Annabel Burke has returned
from recent visit to her mother in
Pownal
The Junior Epworth League will
meet Friday at $3.50 p. NJ. in the
church parlors.
Several from here attended the fair
at Springfield and report good time
and first class fair.
The Womens Missionary meeting
will be held with Mrs. c. Holden on
Wednesday Of this week
The Harvest supper of the Metho.
dist Ladies Aid will be held on
Wednesday night Sept. 2S.
The official board OF the Methodist
church is requested to meet next
Friday evening at the parsonage.
Mrs. Bessie Bartlett of Montague
City has been spending the last week
with her parents. Mr.. and Mrs. +, s.
Foster.
Mrs. Seymour and family have
clio ed their home here and gone to
New York City for q few weeks, and
perhaps for the winter.
Mr.. and Mrs. Kits have been enter.
tanning MFR. kits parents and sister
from Kingston N. Y. and accompan.
led them home by auto Saturday.
Mr.. and Mrs. Howard Goodrich
accompanied by their visitors motored
to Coieraine. Christian Hin and Hall.
fax last Friday They all had an en-.
joyahle TRIP.
, Mrs. Eva Goodr.ch's sister Mrs.
Minor of Marlboro has been visit.
ing her for few days Mrs. Thayer
of Boston has also been spending sew
eral days with Mrs Goodrich.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1921-09-28

SYNDICATE

A. II. Buck of East Arlington was
in town Saturday on business.
Edward Fairbanks of Cambridge, ~
Y. is spending several days In town.
Ahira Mears spent several days re-
Gently visiting relatives in Arlington.
Violet King Is assisting Mrs. Frank
Woodard with her house work for q
couple Of weeks.
+. b. Hurd of Cambridge, n. Y. is
spending several days this week with
his brother, W. y. Hurd
Mr.. and Mrs. Frazier Mears and
children of Arlington spent the week
end with relatives in town.
The social gathering at the home OF
Mr. and Mrs. w, D. Wilcox Saturday
evening was greatly enjoyed by those
present.
Mr. and Mrs. Joseph VIII of Buffalo
n. Y and Mrs. Carrie Turner and
grandson Of Manchester were recent
visitors at the home of Mrs. Turner's
sister, Mrs. Nellie Sickle.
Caids nave neen received from our
former pastor Rev Charles Smith
He has arrived in Middletown, Conn,
and resumed his studies. for the COM
ing year at Wesleyan University.
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1921-09-28
ARLINGTON

Ed u. Conroy motored to Rupert
Monday on business.
Miss Helen Gullow of Sodom was
in town on Monday,
Harold Bushee left Friday for an
extended motor trip.
Cyrus Lecoy motored to Remington
and Manchester Monday.
Mr.. aud Mrs. Vim. Cullinan of Ben.
nington were in town Tuesday.
Patrick Dalton of Bennington mo.
tored to Arlington Monday on bust.
ness.
Arthur Gagnon has returned from
Gardner Mass, where he has heen
visiting,
+. NJ. Walker is again able to be
about town after having been confined
to the house by Illness for Il few days
Mrs. n. p. Hebert and children
went to Vergennes Friday to visit re-
latives, returning Saturday afternoon.
Mr. and Mrs. A. NJ. Johnston have
gone on two weeks vacation They
will motor through New England
during this time.
Mr.. and Mrs. NJ. ]. Seymour have
closed their house ON the East Airing
ton road and gone to Bennington
! where they have employment.
MIR. and Mrs. G. d. Howard. Miss
Grace Buck and Mr.. Edward Phillips
motored to Troy sunday Mrs
Howard and Miss Buck went iron
there to Cobbleskill. N V. to spend {
| week
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1921-09-28
LOCATE MISSING
FATHER AND CHILD
MILES OUT At SEA
Discovered in Open Boat by
Chesapeake Bay Fisherman
LEFT HOME 63 DAYS AGO
William Spencer, Ex-Soldier,
Gives No Explanation for
Strange Action

Washington, Sent. 28, (By the AS.
sociated Press) -Sghted by Chesa-
peake bay fishermen five miles off Nor
folk In an open boat in which he had
been cruising the waters Of the bay
and Of the Potomac river for SO days.
William Spencer, an ex-soldier, and
his ten.year.old daughter were sighted
today and later brought to Norfolk by
a police launch.
Since his disappearance with the
child two months ago nationwide
search has been In progress TO locate
Spencer, His wife, who has become
frantic waiting for news of the hus-
band and small daughter, with four
children joined Spencer in Norfolk and
tie reunited family is returning today
to It's home in Baltimore.
Neither Spencer or his wife have
given any reason for his strange be
haylor
The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1921-09-28
PUBLIC WELFARE
Ass IN COMPLETES
SUCCESSFUL YEAR
Encouraging Reports Read at
Annual Meeting
MUCH GARRY ON SPIRIT
Y --- II W. *sl
Enthusiasm that Has Character
ized Organization for Years
in Evidence
MUCH GARRY ON" SPIRIT

The Bennington Public Welfare AS
sOclation held its annual meeting last
evening at the public library. The at.
tendance was not so large as might
have been had II been possible to more
forcefully impress upon the members
the Importance OF the occasion but il
was noticed t'lat those who have car
ried the big burden OF the organization
IN recent years were on ,land and
had with them the same enthusiasm
and the same willing disposition to
carry on for the future
Any member who did not attend
last evening missed more than ii is
possible to convey IN a newspaper ac-
count OF the proceedings. Tie usual
reports were read. either by the ndiyi-
dual who prepared them or by the sec
retary. and In each and every instance
evidenced so much enthusiasm, snch
thorough comprehension OF the down
right good that is being done in this
community by the association and
such rigid determination to continue
the work that the meeting was act
ually inspiring. There was not one re-
port with one duh paragraph and in nu
merous instances touches of humor
made the meeting a yeritable enter
tainment.
II is unfortunate that the Banner
IS not able to pnblisA the reports in
full They would make better reading
than three-fQurths Of the matter that
finds its way into newspaper columns
today. The best that can be done is
to endeayor 10 call attention to the
obligation OF this community 10 the
Welfare officials.
A number of reports expressed the
regret with witch the writer's chroni-
cled the resignation OF Miss Anne
Wallace. the recreation instructor,
who has apparently not only proved
herself efficient in the work but who
has also found an b'ding place in the
affections of the many bennington
people wiCl whom she has come IN
contact
The usual procedure in the election
OF officers was carried out j nommat-
ing committee consisting of Miss
Agnes Il. Whipple, Mrs G. p. Endress
Miss Anne Wallace and Clayton j.
Kinslev brought in the following re-
port which was unanimously adopted
President. Edward IL Holden.
Vice Presidents, Philip T, II. Pierson
Mrs. Mabel Southall Miss Brigie Nc
Guire and j. Lawrence Griswold.
Secretary, Mrs. Mabel Cobb.
Treausrer. Miss Mary Gordon
Outside Of the submission of reports
tie only business taken mp was the
question OF income tax on tickets OF
admission to entertainments given by
the organization.