davidaulloa/AmericanStories huggingface dataset:
Richmond daily register. (Richmond, Madison County, Ky.) 1917-1978, 1921-05-11

large attendance of both chapter
members and guests. The subject
for the afternoon was Famous
Women of the Nineteenth Cen
fury"
The following short talks were
given: Elizabeth S, Phelphs,
by Miss Anne De arnette; Lucy
Larcom and Louise May Alcott,
by Mrs. Osborne; Sarah Orme
Jewett by Mrs. Smith, of Berea.
Mary Mapes Dodge and Alice
Freeman Palmer, by Mrs Keith :;
! Charlotte Crabtree and Mary An
derson, by Mrs. Herndon.
At the conclusion of the pro-
gram delicious ices and cake were
were served. The society adj
journed feeling much indebted to
Mrs. Osborne and Mrs. Herndon
for a most delightful afternoon.
Mr.. and Mrs. J. E. Walter, Dr.
w. T. Walter Mr.. and and Mrs
Dan Cooper and Miss Marietta
Jackson. of Winchester, spent
! Sunday here.
! Mrs. Clara B. Holder. OF Ber-
rea. was in Winchester Friday on
business.
| Miss Evelyn Norris spent the
weekend with Mr.. and Mrs
Younger Norris, at College Hill.
The Winchester Sun says Mrs,
G.. G.. Prewitt has sufficiently re-
covered from her recent accident
! ODE with her sister, Mrs. VIM.
Dowell Oldham, Lexington. fol q
few weeks until she fully regains
her strength.
Prof. Chas. a. Keith will go to
Burgin today to deliver the adj
! dress to the high school students
Miss Rella 1agan. Of Winches
ter. is the guest of her sister
Mrs, James Walker in Burnam-
wood. having been called here by
the illness Of her grandmother
Mrs. NJ. A. Hamilton, at Union
City.
Miss Curraleen Smith spent the
weekend with Judge J. NJ. Ben
ton and Mrs. Benton. i'll Winches-
Ter.
Mrs. H. H. Sneed, of GuIfport,
Miss. who has been visiting her
! daughter. Mrs. L. B. Weiser-
burgh. was called home Monday
by illness in her family.
Mr.. and Mrs O. A. Jackson, Of
Winchester. spent Sunday witt
relatives here
The Frankfort News says PR
and Mrs. Sherman Goodpaster
Mrs. James Hutton. Mr.. and Mrs
Guy Briggs, Mr.. and Mrs. Julian
Allen. Mr.. Sam J. Sheckelford
! Charles Clayton and Attorney
, VIM. Wallace were guests at .
dinner to which Miss Sue Scott
was host at the Lexington Coun-
try Club. Saturday.
Mrs. c. F, Carr, Of Lexington
is the guest OF Mrs. w. r. Rid
The Washington times., 1921-05-18
RAILROADS ADVANCE.

The sharpest advances took place In
Reading. Baltimore, and Ohio, Che~a
peake and Ohio, Northern Pacific, New
York Central. Rock Island, Kansas
City Southern, and Norfolk and West
ern.
The upturn in these shares i'm
parted sympathetic strength to the
rest OF the list at the start. but 1t was
not long before he Industrial issues
again became unsettled on unfavor-
able dividend rumors. The heaviness
In this part Of the list caused recess
sions from the best in the rails.
Republic Steel after declining a
point came back to bsh. Crucible
was under pressure. falling IN to
7b%. Steel common hung around SO.
Bosch Magnetic fell over points on
the unfavorablc dividend outlook.
Pierce Arrow was also affected by divi-
dend talk, falling over ] point.
Unfavorab1e prospects for early
payment OF dividends on Peoples Gas
resulted In . decline Of about 2 points
In this issue. Y
Mexican Petroisum was under heavy
pressure, falling over Z points. Inter
national Paper reflected profit tskinr,
following its sharp upturn earlier in
the week, dropping I point.
American Sumatra continued an ex-
ception to the generally display of
weakness, selling up ! point. The
coppers also were higher, Utah aA-
vancinG over I point
The Washington times., 1921-05-18
Moue to Aid u. S. I.
Foreign Business

compilation OF the negotiations.
The proceeds from the sale Of ths
SIS 100000 Brasiiian bonds will bs
expended In the United states for
materials TO be used In railway con-
struction, SO that the. loan Will mean
Increased orders from Mat country
for American manufacturers.
Further evidence OF d belief on the
part of investment bankers that the
money situation II improSing 10 found
In the fact that at least four new
offerings which have been held up
recently will be taken down from
bankers shelves and offered to In
vsstors. Authorities on the invest
ment market say there II an unusu-
ally good demand for new issues, but
are apprehensive lest the eagernsss
Of firms TO float new offerings result
In . temporary oversupply. /.
Despite the improved credit out
look . number Of Industrial COM
papies. especially motors. are expect
% to curtaii disbursements to share
holders Ia order to conserve their
cash resources At Q time when bust-
ness for those companies - well ~
for motor accessory manufacturer
shows signs Of curtatlment.
The Washington times., 1921-05-18

have practically been completed,
according to a cable received in
local banking circles today.
Thomas w. Lamont, of j. p.
Morgan & Co., of New York.
was the principal negotiator.
with the French ministry OF
finance, in the matter.
The bonds of the city Of Paris
loan are now quoted at 98H
and it is understood that a large
number of them which have
been held in this city and other
places in the east, have been
bought up by French agents.
The balance from the new
loan will be used to meet inter
est charges and clear of the
S1O,ooo,Ooo French treasury
bills still outstanding.
Regarding the terms of the
new issue, it is pointed out that
nothing can be stated officially,
but it is reported that the bonds
..sAt4
The Washington times., 1921-05-18
FOREIGN EXCHANGE.

NEW YORK, May 1.-THE foreign
exchange market opened strong to-
day, with demand sterling up h-cest
to sss&. Francs rose IN centimes 10
SIS for cables and s57 for checks.
Lires yielded two points to s.s7 for
cables and 6.bs for check. BelGians
cables and S.57 for checks.
other quotations Are: guiIder cables.
SB.sS; checks, s5.s3; Sweden kronen
cables. a3.s5; checks. 1850; MARKS,
1.72h.
The Washington times., 1921-05-18
BALTIMORE GRAIN MARKET.
ruynishsd ~ ". n Hibbs = q

BALTIMORE, May ls.-whsat,
frmsr. No. red winter. 31.67h; No.
9 red winter garlicky. 31.49&. Re-
oeipts, s0.4o3 bushels. Shipments.
1851 bushels.
Corn, steady. Contract spot. 7Ik.
Receipts. <s.s63 bushels. Shipmenta.
23,O2S bushels.
Oats, Arm. No. white domestic,
4ehG50. Receipts. 1891 bushels.
Shipments. 2.783 bushels.
Rye, nrm. No. western export
spot, Sl.5S. Receipts, 1885, bushels.
Shipments, 5000 bushels.
Hay. steady, unchanged.
Flour, dull.
The Washington times., 1921-05-18
NEW YORK COTTON MARKET,
PEACE IN R. R. INDUSTRY
HANGS ON THIN THREAD

CHICAGO, May 1s-"what will
labor DOR was the question that be-
came uppermost today as the result
OF the announcement Of the United
states railway labor board that
wages OF railroad employees will be
revised downward. effective July 1,
upon the attitude taken by the labor
organizations, observers DECLARED
hinges the question of peace In the
railway industry.
The announcement Of the board de-
clares that, In Its Judgment, a read
justment downward of wares Of en-
ployes OF the carriers which are
parties to the disputes already heard"
II justified. The board promised to
announce on June I a decision cover.
Ing these disputes. the decision to
become effective July I.
The Washington times., 1921-05-18
FIRsr srnr IN nnAxIL.

For months the United States Of
Brazil has been knocking on the
door Of American money chests. try
ing 10 borrow funds. Prominent
New York bankers Pefraibed from
closing . deal owing to . belief that
~ to insure the Offering Of the So
curities.
The rsoent Improvement In the
money market. however. enabled the
The Washington times., 1921-05-18
Al nVAMIxATIONs.

Preliminary examinations OF the
advances class OF washington Chap
ter, American Institute of Banking.
wili be held a. the Y, N. G. A.. begin
ming at 1870 y. m. tomorrow.
The finaI examinations for the class
will be held on the following Thurs
day at the same hour.
The Washington times., 1921-05-18
vxnagsxrssurm1 BUSINESS And FINANCE
LOCAL SECURITIES
w.sAs.ssss Ssssk nrsssss~

SALES
Potom4c Electric deb. 8s,. &o0O9eS.
Capital Traction. 3@s7&, fVeTx.
G63. 25063. ,t+.,5
MersenthAIsr, b@l2oh.
After call
Money.-Caii loans, eh per cent bid.
offered at z per cent.
The Washington times., 1921-05-18
sEsnrIrs LArIH-AMERICA.


The new regulation issued by the
Federal reserve board is expected to
be of material benefit in thawing out
the frozen credit situation which ex-
lists with regard to South American
trade.
The many millions Of dollars tied up
In shipments which have been made
to the Latin American countries ID one
Of the largest thorns IN the ades of
American banksrA
Many Thousands Of tons Of products
shipped from the United States ere
piled up 1T the chisf ssaports Of ths
South Americas eountriaa-
The purchsssrs have bseu unable =
pay for the goods owing 70 ussAr In
ability to obtain. In the past. credits
extsading for moro than three months..
In sDms instAnces three-month credits
have. been extended enoe or twice, but
local bankers frownSd upon such
financing. inaamuch a. the banks had
to take back ths unpaid paper from the
FEDERAL reserve banisA whtch has dis
counted banksrS aocsptanass secured BY
the South American obligatjona
The thin cash position Of some Of tha
automobile companies 10 also ATTRIBUTED
In soune deGrss to the large number Of
cars and trucks which are lying 1t the
chief South American ssaports waiting
for the purchassrs 70 SECURE funds with
which To make payment
The Washington times., 1921-05-18
will for twenty years. be issued at discount and yield from
~ to 8 per cent

idea. He has already consulted with
Superintendent Ballou.
Mr.. Moran has Just sent out . ies :
ter to the members OF the commit Z
tee bringing out that they Will BE-
expected to submit suggestions and
ideas at meeting of the organiza-
tion which will be called shortly.
The committee members include:
George O. Watson. president Liberty
National Bank; c. A. Mccarthy.
cashier East Washington Savings
Bank; (. p. Wilson. OF the National
savings and Trust Company; John
M. Riordon. cashier OF the Bank Of
Commerce and Savings, and II. l..
Onutt, jr., cashier District National
Bank.
The Washington times., 1921-05-18
NEW YORK CLEARING HOUSE.

NEW YORK. May 1s-Clearins
house statement: Exchanges. eT2S,-
S7b,1+o Balances, seO.0ib,610. Fed
eral reserve bank credit balances,
Sl2. .OSa. .aOA
The Washington times., 1921-05-18
LOCAL sToCk EXCHANGE.

kOCAs STOCN EAChANSb.
Fifty shares of Washington Rail-
way preferred sold in two deals Of
even amount on the Washington
Stock Exchange, the same constitut-
ing the largest amount OF trading In
any security. The price secured
was 63
A $500 Potomac Electric debenture
sold at 93, while seven shares of
Capital Traction brought SIN and
eeven shares sold at s7%.
Five shares of Mergeuthaler sold at
1901.
On the call money market funds
were offered on call loans at per
cent with 6h bid.
The Washington times., 1921-05-18
NO PERUVIAN LOAN ExPxcrnD.

Reports OF q $1,000. .o60 loan TO Peru
by New York syndicate are gen.
orally discredited IN banking circles.
Bankers say unfounded rumors Of
Peruvian loan have been circulate
ing for the past few months. They
doubt that that eountry would apply
for q loan sas small as mentioned.
The Washington times., 1921-05-18
Lamont Arranges for
500, 600, 600 Loan

Negotiations for the proposed French loan Of $780,
which will be applied the first place to repayment Of
the city of Paris $4,000 900 loan which natures on October =
The Washington times., 1921-05-18
SCHOOL SAVINGS PLAN.

The school savings plan committee
Of the District Bankers Association.
OF which Howard Moran is chairms 4.
10 expected to shortiy announce a
plan which will go far toward bring
ing homo to school children the thrift
The Washington times., 1921-05-18

The Eiffel Tower. the highest struc-
tnre In the world. IL 1000 feet In
height
The Washington times., 1921-05-18
NJ BROADAN WALL

hesistsred United states Patsnt O6ics.
Hardly has the announcement that
the Federal reserve banks will pur-
chase bankers acceptancss secured
BY commercial paper having . ma.
turity up to six months. and based on
import and export transactions, be-
come generally known. than promi-
nsnt American bankers are taking
steps to stimulate American business
through expansion In foreign trade.
Particular efforts will be made to
expand business with South America
and scandinavian countries. the obH-
cations of which are readily absorbed
BY American investors.
The Washington times., 1921-05-18
RRPUBLIC DIRECTORS TO MEET

The diFsctors Of Republic Iron and
Steal meet this afternoon. and IL 10
generally understood that some up-
favorable action will be taken on the
dividsnd---that IL will either be re-
ducsd or entirely passed.
Between these conflicting develop
ments prices moved In an irregular
manner, the Rails being in good de-
mand, while most OF the industriAls
were under pressure.
The Washington times., 1921-05-18
WAGE REDUCTION
MART INFLUENCE
Decision Of Railroad Labor
Board to Reduce Earnings Of
UnskiIled Labor Reflected.
ny MAX kASE.
Ftsanetsl Editor,
International News Service.

New York. May 1.-THE course Of
prices during the early trading on the
stock market today was determined
by developments overnight and during
the morning.
The most important influence. ~
course. was the announcement of the
railroad labor board that II would
reduce the wages Of unskilled labor.
A lowering of wages will permit the
roads to reduce freight and ps ssenger
rates which In turn will mean In
crease revenue for them.
Against this development, however.
was the renewed talk of unfavorable
dividend prospects and the passing
and reduction OF dividends this morn
ing. The directors of the Pacific Mail
steamship Company passed their
semi annual disbursement. while the
Cuban American directors reduced
their dividend from a 81 anuai basis
to 81
The Washington times., 1921-05-18
LIVERPOOL COTTON MARKET.

LIVERPOOL. May 1S.--Spot cotton
was dull at the opening today. Prices
were easier, sales were two thousand
bales.
American middlings, fair, 10.47:
good middlinga s.S7: full middlings,
s.1i; middlings, 7.47; low. s.42; good
ordinary, k17; ordinary. L%2.
Futures opened dull.
Perth Amboy evening news., 1921-09-23
AM WHY NOT THE LEvIATHAN?

The Berengaria, late the lmperator' lesls'ei.
ING 80. 900 tons and finished in 1918, came up
New York harbor Sunday on her last trip as d
coal burner, carrying the largest number OF
homecoming Americans ever borne on an lhcon -
ing ship. After repairs and changes she Is to
continue in service.
Lying at her pier in Hoboken, the Levlathan,
once the Vaterland, 1000 tons bigger and one
wear newer than the Berengaria, is rusting IN
uselessness. She had a phenomenal record as d
troopship during the brief participation OF tne
United States in the war. While she has lain idle
fire has destroyed her pier without serious injury
to her gigantic hull.
Even without the example OF the Berengaria
it would seem that the Leviathan is too big an
investment in shipping to be allowed to go &c
waste while American attention is mistakenly
called to the need of developing and maintaining
an American merchant marine.-New YofR
World.
Perth Amboy evening news., 1921-09-23
RIPPING RHYMES
BY Walt Mason
THE STORY TELLER

James Jarvis links in his glory
when he's relating anecdotes; all
| things remind him Of a story, and
men who listen lose their goats, for
all the tales he tells are hoary, and
blut mould on the surface floats.
He surely sees when he's beginning
a dreary yarn that Adam knew,
that fellows quit their cheerful
grinning, and look morose, dis
traught and blue; he ought to know
that he is SHINING by handing out a
yarn or two. This links has many
kinds of merit, and well might rank
with honored males, had he neg
lected to inherit his passion for
bewhiskered tales; that graft-the
people cannot bear it; all story
bores should be in jails. It's
strange how bores will keep on bor-
ing, when they must see they make
men tired; the orator continues
roaring till through the transom he
is fired; the frenzied bard is bent
on soaring when saving WOOD Is
most desired. Sometimes when L
get busy talking 1 mark a nearer
heave a sigh, or wipe the tears that
come %a-flocking around the corner
of his eye; and then I know my con-
ducts shocking, I'm so ashamed L
fain would die. Then ! reform IN
til. forgetful, I launch upon another
spiel, and seeing some poor victim
fretful, the currents of my soul con-
geal; I then proceed, remorseful,
sweatful, to kick myself with my
right heel.
Perth Amboy evening news., 1921-09-23
MORTGAGE

To pay off war debts, all nations must reduce
their standards of living, possibly even below
pre-war levels, predicts Achille Viallate, French
economist.
His argument is, to pay off a mortgage you
have to deny yourself. Also, that a national DEBT
is a mortgage and can be met only In the same
way as individuals handle an obligation.
viallate is wrong.
A mortgage can be paid off by self-denial'
That's true. But it can also be paid OFF, without
self-denial, by increasing your earning power.
That will require harder work-increased pro-
duction. It's only a question of time until every
one sees this truth. It's the only way to keep
the standard of living up.
Perth Amboy evening news., 1921-09-23
JERSEY FAILS INTO ITS PIT AND ASKS
EOR HELP.

Al last Senator Mackay, as chairman OF the
legislative committee Investigating the coal STU
alton, has admitted there is not statute In New
Jersey to reach persons engaged in a conspiracy
to control the market and fix prices. He makes
this admission in the letter he has written 10
United States District Attorney Geran urging
that proceedings be taken in the federal courts
.in order that any person or persons guilty OF
violating the federal statute in such case maoe
and provided may be brought to Judgment
Mr.. Mackay is convinced that he has I'M
earthed sufficient evidence during the probe TO
warrant federal interference in order to relieve
the public from the existing high prices OF coal,
but he fails to make specific mention or the Iact
that the state could have dealt with the SITUATION
had not the law makers repealed last year the
first of the Seven Sisters ANTITRUST laws placed
upon the statute books in 1913 to guard against
Just such a conspiracy.
His failure to do this is not to be wondered
at, for it was his party that put through the re-
pealer. aided and abetted by some Democratic
1law makers and Governor Edwards. The wlplhe
out of this statute has been characterlzeo as q
political conspiracy, bipartisan, 1t is true, foi
the purpose of discrediting the Wilson admins
tration, which fathered the legislation.
There also have been some reasons TO wonoei
whether there were not interests VINO mao Soou
reason to fear that the law as it then exlsteo
would interfere with their price-hxing pracuces
This SUSPICION has been strengthened by reVeia-
lions brought out by Samuel Untermeyer during
the process of the Lockwood committee prone IN
New York into combinations among dealers IN
building materials.
The Empire State could not be cajoled into
repeating its anti-monopoly law, and when con,
spiracies in restraint of trade were discovered
there indictments quickly followed. Appeal by
New Jersey to the federal authorities TO hell
the state out of a hole II dug itself isn't q very
pleasing exhibition of ACKNOWLEDGEMENTS
Evening News.
Perth Amboy evening news., 1921-09-23
Learn One New Thing Every Day
Bulletins By
THE NATIONAL GEOGRAPHIC SOCIETY

that of Spain and a population of
some eight million.
They Pickle Their Tea
1.-The high civilization of Bangkok
has a contrast in extreme primitive
conditions of other parts of the
country. Curious customs abound.
In Upper Siam tea is picked for
chewing instead of being used as a
dried, then they are steamed to rid
them of tannin. Next they are
weighed down for fermentation, a
process suggestive of the German
preparation of sauer kraut. The
substance thus formed is placed in
the mouth until the juices n re-
moved. The appearance Of the in
dividuals with the balls in their
cheeks forms a never-ending source
of amusement for travellers.
The capital of Upper Siam is
Chieng-Mai, famous for it's lacquer
ware and center of the teak tree
trade. This region is a land of boats.
/ Water routes form virtually the only
lines of communication between the
| upper and lower kingdom.
IN Eastern Siam a plateau and a
plain support a population which
must move from swamp lands in the
rainy season to higher elevations
which are barren and stony. Hence
living conditions are most primitive.
The "Venice OF the East"
Bangkok has been called the
Venice of the East The Menam
river Is the great trading street of
fthe city. Floating houses do a cash
and carry business through windows
| opening toward the channel where
pass the shoppers in almost every
| conceivable sort of craft. These
range from great steamships to the
priests boats propelled by novitiates,
and from the immense rice boats to
the canoes which carry the postmen,
Then there are the river-going cafe
terias, serving the residents of float
ing houses. These, too, n canoes,
equipped with tiny stoves.
perhaps the most colorful river
scene is the water market, where
each tiny boat with it's cargo of food
bears a little lamp. The market
hours are from midnight until early
morning. And during that period
the market section of the river re-
sembles a fairyland with its myriad
glimmering lights"
Perth Amboy evening news., 1921-09-23
VIEWS AND REVIEWS
Editorial Comment From Other Newspapers.


DR.. John DyneIey Price, head OF the New 1elo
sew civil Service Commission, member of the
Columbia University faculty, former Speaker OF
the Assembly and President of the Senate, schol-
ar and linguist, will make a Minister to Den
mark of the highest type. His appointment IS IN
accord with the best traditions of the American
diplomatic service.
BestoWal of this honor upon a distinguished
Jerseyman, who has devoted much OF his Tune
and energies to the public service, fortunately
calls for no abandonment of the ~ralseWorthy
policy of retaining as American representatives
abroad men qualified by learning and experience,
since the post for which he has been chosen Is
vacant. 90
discrimination in his selection of Ambassadors
and ministers, and he lives up to the exceiient
record bv picking a man so we'll adapted to his
ask and the reflection of credit upon American
NEUTRALITY-SUSPICIOUS. Ledger.