davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1921-11-06
Markets Watching the Trend of Euents, Say PriUate Wire Reports
SHANNON & CO.'S LETTER

New York, November 5.-(speciaI.) Cotton: The market remained very quiet shortly after II o'clock and was without any special trading fea- lures. There was comment on vari- ous features such as the organization of cotton trading corporation at the port of Danzig, the weekend figures and reports of a demand for spot cot ton out of the local stock out they failed to create fresh interest
 At any rate the bulk of the trad ing during the first hour was re- garded as reflecting a further reduc- tion In the outstanding interest and the market was quiet enough to sug- gest that small speculative accounts had been pretty ~Yell evened up be- fore the close Of yesterday.
 There may have been little south ern selling on the early setback, which carried active months some to points net lower but this was followed by rallies and a fairly steady market during the middle of tho morning, although the bulge from 1910 to lS.2Sc for January was not fully maintained.
 There has been so little doing today in stocks that it is hard to find much to chronicle in market letter.
 The professional all week have been selling stocks short and they are undoubtedly playing for the proverbial December break. It seems improbable that this will occur if the short interest continue to pile up at the present rate. We advise buying stocks on scale from this level and especially the oil stocks look very attractive with the strong technical position which exists in the oil in- dustry.-Post & Flagg.
The Birmingham age-herald., 1921-11-06
PRODUCE

Chicago, November 5.-Butter, low CT. Creamery extras, 44c; firsts. 36@ 42c; standards, Ssc. i5ggs, unchanged. Poultry, alive lower. Fowls, 14@23 springs. 22c; turkeys, BOG.
 New York, November 5.-Butter. creamery extras, 46Mc; firsts, 3S9 45c. Eggs. firm; fresh gathered firsts, 53D 5Sc. Cheese, weak: average run, 2l@22c. Live poultry steady. Chick ems by express. 24G25c; fowls, by express. 1sQ26c; dressed steady and unchanged.
 St. Louis. November 5.-Poultry,
The Birmingham age-herald., 1921-11-06
NEW ORLEANS COTTON

New Orleans November 5.-The cotton market closed steady at net advance of to points,
The Birmingham age-herald., 1921-11-06
Dressed Beer
Meal and Fesastuff

(Smitn Grain Col
 Mixed horse feed, $40. old style hulls, $iS; No. corn, 75c; corn chops SLB0; No. 1 white oats. 56c; shorts. s3s; bran S2s; c. $. meal ' pct. S44; hen feed 100 lbs, $2.10; timothy. S34; choice pea green alfalfa. $S6, Johnson hay. S2e. whess straW. S2b ton.
The Birmingham age-herald., 1921-11-06
DRY GOODS MARKET

New York, November 5.-Print cloths sold more freely today for de- livery in the first quarter of 1922. Percales. priced on a basis of 13Ec for A. 64x60s. began to move for future delivery. Yarns were slight ly easier in trading markets, but firm in spinning centers. Knit goods sold better. New spring hosiery lists showed advances of 20 per cent over the years low point. Linens were in steady demand.
The Birmingham age-herald., 1921-11-06

FORT MOVEMENT
 By Associated Press New Orleans: Middling, 1s.25c: receipts, 5,79s; exports. s.273; sales. 6s3; stock. 450.777. Galveston: Middling, l8.S5c; re-
The Birmingham age-herald., 1921-11-06
s. R. STEWART < CO.'S LETTER

blrmlngham November 5.--In the absence of everything except only routine cotton news this morning, the cotton market ruled quiet and steady during the short session, the finals being slightly above those of yester- day. Exports for the week ware l63,000 and for the season 1900. GOO against 1,f6s.0o0 last year. Eleven spot markets throughout the south sold 15.oo0 bales yesterday at a range from l7sc at Mobile to l9c at Mem phis. Fall River sales for the week were 10000 pieces while the cloth market at New York was reported easier.
 The striking evidence of a big worlds consumption woke up the shorts yesterday, the weeks figures showing nearly double for the same week last year. It is said Chicago shorts, who have sold heavily on the grain depression, hurrledly covered after these figures were posted It was considered by many a demon stration of the inert strength of the intrinsic merits of cotton.
 The south Is not pressing it's cotton on the markets at this time Knowing that much or most of the crop, if not practically all in many parts of the belt has been cleaned out and stead fly awaiting renewed demand, which is certainly to come and with it bring about much higher prices The Watkins bureau estimated a mill lion bales of old and new crop on hand and unsold with another mil lion to be ginned, the trade looked upon this as bullish if it really means what 1t says. The Japanese cabinet resigned on account of the death of Premier Hara; this news was slightly bearish, but was overcome by the an- nouncement of President Lewis or- dering the coal miners to remain at work. The bureau is due Tuesday but will not be issued until Wednes- day account election holiday in the east until then our market will likely prove to be trading affair, We favor the buying side.-S. R. Stewart& Co.
The Birmingham age-herald., 1921-11-06
..ta..

 No. 1 Green Salts Hides--7h pyo. No. Green Salt Hides--6 h 70 7c. No. Green Fresh Hides-0 1z 6D 7c. No. Green Fresh Hldes-6 Ls W6c. No. l Dry Flint Hides--loc. No. 2 Dry Flint Hdes-gc. No. 1 Dry Salt Hides-Sc. No. 2 Dry Salt Hides-7c. Sheep Skins-10 W40c. Goat Skins--10 e BOG. horse ii Hldes--5Ve to Sl.50. Hog Skin5-l0 W lbc. Tallow-3 Qbc. Beeswsx-1741Sc Clear Grease Wool--i5 O 16c. Clear Washed WooI--20Q23c. Bury Wooi--s 410c. Ginseng (Wnd)-s4Db.
 Buttefat a. Corrected Daily by City Creamery NCo.) Butterfat-42c. Market firm.
 Local Cotton Market Good middling .......... IS Strict middling ............ 17h MlduHnB ......f-.-.....s IT Strict low mlddling ....... 15h
The Birmingham age-herald., 1921-11-06
FouItr-
(Garrett a I

a tGarTctt H TrImhle.9 Eggs-Ffesh candled. b5c. Fryers-- -25 Q 27c. Heps-20 co 25c. Roosters-lbc.
The Birmingham age-herald., 1921-11-06
POTATOES

St. Louis, November 5.-Poultry, butter and eggs. unchanged.
The Birmingham age-herald., 1921-11-06
HUBBARD,s LETTER

New York. November 5.--tSpeciai.) The early trading was confined to commission houses and trade buying with locals selling causing the mar ket to advance a few points over last nights close. We wish to call your attention to exports to Japan which points to trade revival inr the eastern countries. Japan is not only supply ing her domestic needs but she opened up a new channel of trade in Siberia. Previous to this time, Mos COW and Lodz supplied the needs of this country but owing to the finan- cial condition of these cities at this time, Japan has stepped in and opened up trade relations with Siberia which hitherto she had little or no business dealings with.
 We eagerly await the ginning figures of November g, which will confirm the opinion of the govern ment that large percentage of the crop has already been ginned. The figures on spinners takings are most favorable indicating more activity in the trade and a revival in business. We expect the market to improve. Hubbard Bros.. & Co.
The Birmingham age-herald., 1921-11-06
ceipts. 14.57a; sales. 2ao; stock. 40.

ceipts. 14,57a; sales. 220; stock. 44o.- 518.
 Mobile: Middling, IT soc; receipts, 39T; stock. 21 800
 Savannah Middling, 18c: receipts, 1,75s; stock, 1s59s3.
 Charleston: Receipts, PIP; stock, 1e7.55s.
 Wilmington: Middling, 1sc; re- ceipts, 266: stock, 3e,1sz
 Texas City: Stock, 1174.
 Norfolk: Middling. 1sc; receipts. 2.a53; sales. SIS; stock. 1o4.S7s.
 Baltimore Stock, 2,949
 Boston: Middling. IS. soc; receipts. TIP: stock, 5.4o0.
 Philadelphia. Receipts. 329; stock. s.o50.
 New York: Middling. 1s soc: stock. 121.Ss3
 Minor ports: Stock. 3.02s. Total today: Receipts. 26,45s; ex- ports sara; stock. l.5S5,46s.
 Total for week: Receipts. 26,45g; exports, 8.273.
 Total for season: Receipts, 237G.- 1910; exports. 1.794137
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
Late Melvin H0lway
Left Estate Valued
Over Half Million

The late Melvin S. HolWay OF AL
gusta, for many years leading
member of the Kennebec Bar, left
property valued at 54s,92S.1S, accord
ing to the inventory of the estate
which was filed in the probate court
Thursday by the appraisers. Charles
s. Hichborn. Edwin c. Dudley. and
Lewis r. Brown. Stephen j. Hegar-
ty of this city is the executor of the
estate. The value of the estate is d.
vided as follows: Rights and cred
it's. $535, IT'S; goods and chattels,
s3.45600: real estate. $10,250.OO.
The rights and credits include 1,03S
shares Of the common stock of the
Oldtown Wooden company valued at
'$1S0.775: 5O4 shares of the preferred
stock of the Oldtown Wooden com
pany valued at $50,4OO; 1888 shares of
the common stock of the Guilford
Wooden company, valued at SOS, 465;
$50 shares of the preferred stock Of
the Guilford Wooden company valued
at s5S,900; 239 shares OF the Fuller
Holway company valued at 1925;
and 400 shares Of the Studebaker ALL
tomobile company valued at $50. 100.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
Automobile Burned
to Comply with Will

Portland. Me-. Dec. 15.-Jewelry.
candlesticks and other articles to the
value Of 1898 were buried with the
body of Miss Mary J. f. Clapp, whose
estate amounted to more than 100000.
is was revealed today when the first
and final account of the executors
was filed in the probate court.
Provisions Of the bill that the FAM
lily coach at least 100 years old. and
her automobile. together with MA
hogany four-posted bed and other
furniture be burned. already have
been carried out.
The property is placed in the hands
Of trustees. after the payment OF be-
quests to the amount Of 80. 4s4.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
BODY CALIFORNIA
CONGRESSMAN IS
FOUND IN POTOMAC

Washington, Dec. 15-The body of
Rep. John A. Elston Of California was
found floating in the Potomac river
late today. A note found in the con-
CHEESEMAN'S coat said he was caught
in "a chain of circumstances which
spelled ruin
disappeared Tuesday morning but
was found by detectives that evening.
Within a few hours, however, he
again disappeared and that was the
last seen of him. 1t is believed that
he plunged into the river late that
night. He apparently had been suf-
fering under mental depression, al
though he had given no evidence of
it until he disappeared Tuesday.
Upon being found that evening he
was given medical attention.
Failure of the government to I'M
dertake extensive development of the
ALAMEDA, Cal. naval base project. was
great concern to him, as he had from
the nrSt given close attention 10 this
proposed development.
Mr.. Elstons hat and overcoat were
found on the bank of the river about
the time the body was recovered.
The note found on the body said: II
am in chain OF circumstances that
spell ruin although my offense was
innocently made in the beginning. |
hope all the facts come out. MY stay
means embarrassment to my district
and to a worthy people clean and
generous"
Mr.. Elston was elected to congress
as a Republican from the 9Th Calf
ornia district and had been member
of the house, since the Saith congress.
He was born at Woodland, California,
Feb. 10. 1875. His widow and four
children survive.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
RAIL EARNINGS
NOT ENOUGH FOR
Rate DECREASE
B. & O. Official Claims
Class l Roads Return
Only 2.751o Profit !.
But Admits Drop May, Come in
Near Future-New Haven
Representative Says Mails
Carried at Loss-Erie Dele
gate Denies Railroads Have
Hurt Business

Washington, Dec, 15.-Railrqad
earnings, past and present, fail to
justify general decreases of rates,
George NJ. Shriver, vice president OF
the Baltimore and Ohio; Benjamin
Campbell, vice president Of the New
York, New Haven and Hartford and
Thomas c. Powell, vice president of
the Erie testified today before the In
terstate Commerce Commission in
vestigation into the reasonablcness
of the present level of all transporta-
ton rates.
Mr.. Shriver, however, speaking for
al. the roads as chairman of the ac-
counting committee of the Railway
Executives. Association, in conclud
ing his testimony declared that de-
creases might take place Fin the not
far distant future" under the COM
missions rulings, cross examination
of the three witnesses was deferred
until January. when states, munich
palities and shippers will be heard
Mr.. Shriver based his conclusions
on statistical presentations. to the
effect that in the u months ending
September 50. 1921, earnings of class
one roads amounted to s542 409, 900
which he declared. to be but 2.15 per
cent. on estimated property invested
as compared with the transportation
art clause providing for a six per
cent. return. In spite of lower costs
for wages and materials, he said,
roads in the eastern district. if given
during the next year the same traffic
they enjoyed during the last would
earn but "a per cent.
Mr.. Campbell concurred to a de-
gree with Mr.. Shriver. but declared
particularly that New England roads
must secure a complete new rate
structure IN advance of any rate al
terations to secure larger divisions
on joint rates. He advocated higher
rates on less than carload shipments.
upon first class passenger fares and
upon express shipments and added
that losses We're encountered in
transporting mail,
There is no justification for the
theory that rail rates have adversely
affected business" Mr.. Powell tes-
tilted. 'or that business can be re-
lieved or increased by reductions"
Rates. although reasona bic now. he
said. failed TO give a fair return and
should not be generally lowered at
present. State railroad commissions
have organized to present their case
in the investigation. and have select
cd a mana gins committee, composed
of Fred w. Putnam, Minnesota, Fred
F.. Woodruff. Iowa, and Clyde NJ.
Reed, Kansas.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
ARE
NIT: BY WAGE CUTS
PROPOSED AT HUB

Boston, Dec. 13-Approximately
10000 granite cutters and quarry
men east of the Mississippi river are
effected by wage cuts of from. 20 to
% per cent which become effective
January !. Robert d. Swift of VOL
laston, Mass, secretary-tr treasurer of
the International Monumental Gran
lite Producers association, said to-
night.
Mr.. Swift. who is here in connec-
ton with conferences beginning to-
morrow between a wage committee
representing granite manufacturers
and representatives Of granite cutters
and quarrymen's unions stated that
information IN t hands Of the en-
ployers indicate the new wage pro-
posals had been rejected in the ref
erendum just being completed among
tn workers.
I'VE have been in session today in
preparation for eventualities," Mr..
Swift said, following an all-day
meeting of the employers wage ne
gotiation committee.
The employers plan to meet the
committee representing the cutters
union tomorrow afternoon. A SINH
lar conference with representa- tives
of the quarrymen's union, will be
held next week on a date yet to be
decided, Mr.. Swift stated.
Wages of both cutters and quarry
men have been increased 100 per
cent. from the pre-war schedules. ac-
cording to Mr. Swift, who said the
proposed reductions We're necessary
to bring the pay OF their employees to
a scale comparable with other indus
tries where decreases already have
been effected
Granite cutters under the expiring
contracts receive IS day and quar-
rvmen, who constitute the less skilled
workers in granite production, are
paid 60 cents an hour, Mr.. Swift
said. .>.-
While New England states were
declared to be most affected by the
new wage scale, inasmuch as granite
manufa cture is on a larger scale In
the east, many. southern and middle
western states. Mr.. Swift said. would
feel the effects OF the reduction in
pay and any action of the employees
III consequence.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
WORLD SERIES TO
Be CUT DOWN TO
SEVEN GAMES

New York, Dec. 15-(By A. P.)-
Major League baseball owners in
joint meeting today, voted to re-es-
tablish the seven game world series
instead of the nine game series in CT
feet for the last three years.
American League club owners were
unanimous for the change, while
National League magnates voted {
to l against it. 1nasmuch as under
a joint agreement, each league has
only one vote, Commissioner Landis,
who is authorized to cast the decid-
ing ballot in case of tic, voted for
the seven game series.
The Chicago Cubs, alone of the
National League clubs, voted in
favor of the ?horter series.
The late meeting was given over
almost entirely to discussion of the
draft and its restoration upon an
equitable basis. Several roughly
formulated plans were submitted to
the advisory council, which has been
called into a special meeting tomor-
row morning to draw an arrange
mcnt satisfactory to both minors and
majors" should the advisory council
adopt a plan tomorrow, it will be
submitted to the minor leagues con-
cerned for action.
Ed. Walsh, star hurler of spit balls
In other days. and only recently man
ager of Bridgeport, in the Eastern
League, was added to the American
CONTINUED on Page 8-Coi. s.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
Ontario Puck
Chasers Win at Hub

Boston. Dec. 15-The Sudbury On
tafio, Wolves defeated the Pere Mar
quette hockey team here tonight, Sto
:. George Dufrense Of, the Wolves!
who was refused an amateur card by
the Canadian Amateur Hockey AS
soication did not appear on the Ice:
After the game, which was marked
by the brilliant team-work or the
Canadian aggregation with Lanslois
at point and Green at Center featur-
ing the play. Dufrense said he would
not enter any contests in the local
series and would take no action on
the dominion hockey associations
action until he returned to Ontario.
Dufresne said he knew no reason for
his not being granted an amateur
card.
Tonight's was the first OF a series
Of three games with local climbs.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
Japs Accept Money
Offer of China for
Railway in Shantung

Washington. Dec. 15.-(By A. PD.-
Subject to Tokio's approval, the Jap
anese delegation accepted the Chinese
offer to pay 100000 gold German
marks for the kiao-Chow-Tsinanfu
railroad in Shantung. plus what Japan
has made in permanent improvements,
but less deterioration.
The Chinese delegates replied that
the Chinese eonsortium was ready to
finance the restoration of the railroad
and China's desire was to make use
of this in order to do away with for
eign control" .t.t-
When the conversations between the
two delegations was renewed this AFT
ernoon, the Chinese offered to buy tina
railroad outright in cash. but the jap
anese. ii was said. raised questions as
to why this course was proposed.
pointing out that all other railroads
in China had been built with the aid
Of foreign loans.
Mr.. Hanihara of the Japanese del
egation said after the meeting that
satisfactory progress had been made
toward settlement of the Shantung
question but would give no details.
From the Chinese. however. 1t vas
learned that after the provisional ac-
ceptance of the Chinese financial oher
for complete Chinese control over the
railroad the. discussion centerc' on the
mode of payment. No decision was
reached and the discussions will be
continued tomorrow.
The amount agreed upon virtually -
the valuation placed on the road. 'ef-
elusive Of the adjacent mines. by the
repa "a tons commission set UP under
the treaty OF Versailles and which
Japan il to pay Germany.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
ONE INJURED IN
BOSTON SHIP FIRE

Boston, Dec. 15.-Ones man was 10
jured and 2s,oo0,00O gallons Of oil and
gasoline stored at the Standard OIL
Company's. plant at East Boston were
imperrilledN early tonight by fire
aboard the tank steamer Astral tied
up at the corporations piers.
A feed pipe broke and oil from the
ships fuel bunkers flooded the en-
CINE room floor, where they caught
fire. Six harbor tugs stood by ready
to tow the vessel into the stream
while firebeats and land apparatus
fought to keep the flames from
spearing to the Astrafs holds which
ha l not been emptied entirely of the
$4,000 barrels Of gasoline. she brought
here Tuesday from Sabine, Texas.
The FIRE loss was said to have been
$4,000.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
FRANCE AND italy YET
TO ACT ON SHIP RATIO;
BIG THREE ARE AGREED
INT'L EDUCATION
CONFERENCE ON way
SAYS DR.. THOMAS

DR.. Augustus o. Thomas. State
superintendent of public schools, has
returned from Washington, d. c..
where he has had conference with
President Harding relative to the
calling of an International
Congress on Education, to be held
in 1923 in the United States. DR..
Thomas is chairman of the Commit
tee on Foreign Relations of the Ma
tional Education Association, and
the president, Miss Charl Ormand
Williams, requested him to direct a
formal letter to President Harding,
asking him to extend to the nations
represented at the Arms Conference
an invitation to join America in the
educational congress. -
DR.. Thomas saw the President on
! Thursday, Dec. s, being presented by
| Senator Hale of Maine. The inter
view was length. and President
Harding expressed himself as fully in
/ accord with the plan. DR.. Thomas
returns full of enthusiasm and conf
dence that plans for the International
Congress on Education will now go
rapidly forward to realization, with
, the President sounding the key note
by inviting the delegates to the Arms
Conference to participate. Said he:
THE Congress promises to be a
great event. The nations are getting
together on the disarmament ques-
ton. The next congress will I'M
doubtedly include the other belliger-
ent nations. Then comes a time
when education must be brought for
ward and advanced as the basis ele-
mcnt in supporting the ideas now be
ing worked out and adopted. The
sentiment in this country is very
strong for the Educational Con-
gress."
1t is proposed to accomplish the
aims of this movement by the follow
: ing:
/. The teaching of internation-
{ al clN1cS. W men VIII dCqudiHt tBc
rising generation with the various
! points of contact made necessary and
facilitated by the modern means of
communication and trade.
| > BY the orga niZation of textbook
materials used in schools such as will
give a more accurate visualization OF
! the dominant traits and ideals of the
| nations.
! 3. Through the exchange Of teach
crs and through scholarships to stu
/ dents of foreign countries.
! 4. BY a program looking to uni
versal education.
! ). Through an exchange of articles
on education setting forth programs
/ and methods used in the various
countries and through an exchange
/ of educational periodicals.
| 6. The designation of q day to be
observed by all which may be known
as World Good Will Day." when
programs may be given such as will
promote international friendship.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-12-16
Idle and Striking
Hard Coal Miners
Now Total $4,000

Wilkcsbarre, Pa. Dec. 15.-Approxi-
mately $4,000 anthracite mine workers
are idle in the Wyoming valley. The
strike of the Lehigh Valley Coal &C.
employees has thrown 1000 mon out of
work. Another thousand are idle be-
cause of strike at the Jermyn col
licry at Old Forge, and the suspcn-
sion today or operations at all col
lieries Of the Pennsylvania Coal Co.
added 10000 more out of employment
Officials of the PENNSYLVANIA compa-
ny said a suspension was called be-
cause there is no demand for coal and
that the company is over-supplied.
I.ehigh Valley officials refused to nc
gotiate with the general grievance
committee Of the strikers at It's mine
today. The men We're told thta IL they
returned to work the company would
adjust their grievances with officers
of the union in District No. I.