davidaulloa/AmericanStories huggingface dataset:
Evening star., 1921-10-09
GRAIN AND PROVISIONS.

CHICAGO, October S.-A late rally
relieved an otherwise depressing
short session of the board of trade
corn and oats had all recorded new
lows for the season. The close was
unchanged to u lower for wheat, y
to lower for corn and 4 lower for
oats. Lard finished unchanged to 7h
higher and ribs 2h lower to higher.
Wheat started weak and made its
caused in anticipation of the govern
ment report was short lived and the
market sagged steadily until Decem-
Der touched 1.07x and May 1.12k.
Sentiment was mixed and the news
generally bullish. export demand be-
northwest offerings liberal. with big
receipts in prospect at Winnipeg next
week.
The turn came Unexpectedly and
shorts who sold freely on the way
down were driven to cover. To the
added reports that India, ordinarily
an exporting country, had bought
two cargoes of Pacific northwe est
wheat, with further trade in sight.
There was also report that Italy
would be back In the market on
Monday.
Corn and oats moved in parallel
lines under stop loss selling, the fact
that new No. corn 10 deliverable
under December contracts increasing
the pressure on that option. Evening
up transactions helped a recovery
from the inside figures.
Provisions were dull. Lard hrmed
up on the strength of the hog mar
ket, and ribs were q bit lower.
NEW YORK, October S.-Wheat.
spot, steady: No. . red. 1.1Sh: No.
2 hard and. No. Manitoba. 1.17k.
and No. 2 mixed durum. 1.07k elf.
track. New York to arrive.
Corn, spot. easy; No. yellow, 81;
No. white. S.: No. mixed. 6aA
elf. New York lake and rail.
Oats spot, quiet; No. white. 46h.
Other articles unchanged.
Evening star., 1921-10-09
,onld hear ouf such q claim.

would bear out such q claim.
Two countries in particular have no
unemployment problem. These are
Germany and Japan. No one who
stands for human advancement will
suggest that the American working
man accept the wages and the living
conditions of those countries. Never
theless. the German artisan is at work
and the Japanese artisan is at work,
simply because production costs in
both those countries have been re-
duced to basis that makes the whole
world willing to buy their products
Not long ago the American coal miner
was talking about thirty-hour week
In the textile industry of Japan the
week consists of 1872 hours. This
means nearly nineteen hours a day
for seven days a week.
NO true American wants any such
conditions in the United States. We
are confronted. however. by the ne
cesslty of reducing our production
costs and our transportation costs
organized labor lost it's head during
the war and for a year or so after
ward Like the rest of us. it mus
get back to EARTH
Evening star., 1921-10-09

To make the gas consumed in house
holds and industry last year required
| $500, 900 tons of bituminous coal, 2.000.-
! 900 tons of anthracite coal, 1.500,-
900 tons Of coke and 9S0.000.000 gal
; Ions of oil.
Today the number of communities
served by gas companies is $500. the
! meters number S.5S0.000 and the main
gas mains $500 miles. or enough to
! cncircle the world nearly three times.
| The investment represents approx
mately S4.000.0O0.0o0.
burning appliances in American homes.
gas water heaters number approx
mately 10000 and gas heaters nearly
200, 900.
i Hotels, clubs. restaurants and insti-
tutions using gas for all cooking num-
Der 71,490, while those using it in part
| number 1916.
Because of its economy, cleanliness,
cheapness and continuous and never
| failing supply, such as has become pos
sible through the efficient plants serving
the nation, the use of gas has multiplied
| by leaps and bounds" says the asso-
citation, in commenting upon the sta
tistics.
The surface has barely been
scratched in the use of gas for indus
| trial purposes. The economic advantages
of gas is causing it to rapidly replace
| many other fuels In industries and the
betterment in working conditions is a
big factor.
Gas, first used entirely for illumina-
, ton and then later for cooking. appears
now to be entering its third and great
est stage Of usefulness as an aid to
| industry, where it seems bound TO find
! its greatest use"
Unemployment Panacea.
! w. j. Wollman & Co. New York
! brokers. have this to say on this
question:
1t is unfortunate for the great
masses Of people that their self-ap-
pointed leaders have so little conf
dence in the common sense of the pub
| lie If it were not for this shortcom-
ing. the question of unemployment
would be most easily answered. The
conference at Washington has been
!! firmly committed to the idea that the
| into the forefront of the discussion.
1t would be just as logical in the
forthcoming disarmament congress to
bar raising the question of naval
strength or standing armies.
Unemployment is social malady
that cannot be cured by covering up
the infected portions by such court
plaster devices as split employment"
increased expenditures for public
works. or pleasing academic sugges-
tions about arriving at basis that
is fair to both capital and labor
Unfortunately. the issue involved in
unemployment is not between EN-.
ployer and employe. but between one
group Of producers and another whose
products have to be interchanged, or
between one country and another
! whose products have to be inter-
changed. '.,..... 80. ..
It may not be polite to mention
n diQrnCSinn
ment, but the whole problem revoives
around the pivot of production costs.
1t is possible, for instance. that in the
question Of coal prices the item of
profits is all important. g.
This is extremely doubtful.
When we come to the matter Of
| transportation costs, 1t is possible
that the railroads are profteering in
the charges on freight and passen-
ger traffic. 1t is doubtful il any audit
Evening star., 1921-10-09
HOME MARKET INJURED
BY HIGH PRODUCTION COST
All Authorities Agreed That General Re-
duction in All Available Ways Is Essen
: ~tial to Enlargement of Business.

chargea BILE to either American indus
try or American finance. but one for
which war is to be blamed directly
and indirectly.
If these is any fault to be laid at
our door in this latter respect. it may
he found in the fact that we cannot
produce as cheaply as Germany. nor
yet as any other European country.
The initiative and the money have
not been lacking in efforts for foreign
trade and to capture the available
outside markets, but the results so
far have proved either disastrous .or
negligible at best.
Some of our leading bankers be-
lieve that the United States can still
win its way in foreign trade, but
that great combinations of capital
will have to be ably managed and
production costs materially reduced
to make the effort successful. ~. t
F.: 1t would seem as if the latter pro-
vision was most desperately needed
Evening star., 1921-10-09
LIBERTY BONDS AT A GLANCE.
THE WEEKS BOND MARKET.
Previous
weeks

Following summary prices
the New York Stock ended
Previous
Evening star., 1921-10-09
SEE HIGHER STEEL PRICES
Buyers Advised to Expect Advance
of S. a Ton.

YOUNGSTOwN. Ohio. October s.
increase in steel prices has been made
in the Youngstown district. buyers
say they have been advised that an
increase of IS a ton on sheets will
become effective October Is. Present
prices are four cents a pound for GAL
vanized; three cents for black. and
2.25 cents for blue annealed.
The new prices. it is said. will be
425 3.25 and $50. cents.
Evening star., 1921-10-09
NEW YORK BANK STATEMENT

| NEW YORK, October s.-The actual
| condition of clearing house banks
and trust companies for the week
| shows that they hold s27,sS4,2s0 re-
serve in excess Of legal requirements.
This is an increase of $3s.s62.51o from
! last week.
The statement follows:
Loans. discounts. etc, $4,46s, $780, 900;
| increase. $2,Ss6.0o0.
Reserve Bank, $73,224,ooO; increase.
Reserve in Federal Reserve Bank of
member banks, $4s2,s42.ooo; increase,
| $36,14s.000.
Reserve in own vaults. state banks
and trust companies. $S,s74.oo0; In
crease, S25.o
Reserve in depositaries. state banks
and trust companies, $s,l6l,Ooo: de-
Net demand deposits. ss.s4I.747.ooo;
decrease, s22.ss7.0o0 United States de-
posits deducted, s216.0s3,000.
Time deposits, $21s.1s2,ooo; increase,
Circalation, sss.sos.ooo; increase.
Aggregate reserve. s5os.s77.oo0.
Excess reserve, s27.sS4,2s0; increase.
Summary or state banks and trust
companies IN Iredtei NeW 1Oth not
| included in clearing house statement:
Loans, discounts. etc. $3.50, 101 100;
decrease. $2,400, 400.
Gold, S6,67s.700; decrease, $500.
Currency and bank notes. SIG, ,824, 100:
increase, $251,500.
Deposits with Federal Reserve Bank.
New York. $50.54o,Soo: decrease. $780,
Total deposits. 1881. 900: increase,
$793,300.
Deposits: Eliminating amounts due
from reserve depositaries and other
banks and trust companies sin New
York city and United States:
Deposits. $603.046.100: decrease. ST.
3S4, 500. .....
Banks-Cash in vault, $25,l1s,S0O.
Trust companies-Cash In vault $4s.
623, 500.
Evening star., 1921-10-09

seem slow to make use of the facil
tiles of the New York bond or stock
market while the narrowness Of fhe
home market operates in the same
manner in Washington.
They are running largely to Treas
ury certificates and three-year notes,
for which there seems to be an mex
haustible demand.
This demand, at first confined
largely to the customers of the larg-
the general run of bank patrons.
Moreover. investors in these Sc
curities are constantly reinvesting
with each maturity, while the banks
find their supply steadily reduced by
the inquiry. 'L
Celumbia GraphOphOne.
Columbia Graphone preferred stock
has apparently about completed an
other spectacular cycle. 1t will be
readily recalled that the stock had a
| spectacular rise recently of nearly
nine points to about 22h.
It was attended by the publication
of remarkable story in New York
paper concerning the wonderful in
crease in earnings of the company for
| the first eight months of 1921.
OF course there were no net earn
ings and the story was a bald mis-
statement.
| There is some question now as to
| WneIneF IL was IlOl ny
some insiders and the advance made
simply for the purpose of unloading
! a few hundred shares Of the stock.
| The shares closed at 11h today.
| On the curb market the per cent
bonds of the corporation formed to
build the Baltimore factory, guarsn-
teed by the Graphophone Company.
as it was debarred from issuing any
bonds itself. by the agreement made
when putting out the preferred stock
at 95. are selling at 40, which can
; not be said to be encouraging, either
to the holders thereof or to the CO.
lumbia Graphophone shareholders.
Gas Consumption.
! The record Of the Washington Gas
! Company for the past year has been
simply a reflection of the increased
| consumption Of the entire country.
! Use of gas in industry mas greatly in
/ creased in the last ten years. from
/ 149. .430, 100000 cubic feet to 319,s87,-
! $4,000 cubic feet, according to the
American Gas Association.
Today one-fourth Of the artificial
; gas produced is consumed in indus
| try. The combined use Of gas for
! domestic and Industrial purposes has
doubled since 1910.
The record of sales as made public
! through the association. giving fig-
| ures of gas sales since 1901. showing
| the constant increase in use of the
product, follows:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09
Price of Whedt Raises
On Chicago Stock Mart
BY Associated Press


CHICAGO. Feb. S.-Wheat took
big upward swing In price Tues
day on aggressive buying based more
or less on threatened crop damage
from green bugs in Texas The
market closed strong at to 50
net high with March 161% to 1.62
and May 1.53A to 1882. Corn
gained Is at 1 q to &c, Oats Is To
at , Is. In provisions the outcome
was a setback Of TO So cents.
At first the wheat market Anowed
considerable depression owing chief
ly to selling ascribed TO foreigners.
with gossip current. but England
was supplying Australian wheat TO
Germany on six months credit and
that Italy had indefinitely suspended
the purchase Of cereal fOodstuffs.
On the decline. however. milling
demand improved and reports
gained circulation that some Eu
ropean shipping interests were short
and had been unable to obtain wheat
in the southwest
Good demand from the seaboard
together with Scantiness OF arrivals
counted in favor of bulls both in
corn and oats.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09
BUSINESS DULL ON
new YORK MARKET
Scope of Operations Broadens,
However, Near Close of
Days Session.

By Associated Press:
NEW YORK. Feb. s.-Business in
the stock market during the early
and intermediate periods OF Tues
days session was duh 10 an extra
ordinary degree. but the pace
Quickened and the scope OF opera
tions broadened Perceptibly in the
final hour, a strong tone ruling al
the close. Much Of the sudden ac-
tvity OF the later dealings was oc-
caSOned by a decline in call loans
from TO Z per cent shorts accept
ing this as a prelude 10 easier money
rates. Rails. oils. steels. and equip
ments featured the sharp rebound
a. extreme gains OF 1 TO points.
Sales amounted TO $4,000 shares.
open Market"
The most significant development
OF the day was contained in circum-
stantial reports that the steel in
dustry was rapidly approaching the
stage OF an open market" probably
involving an all around reduction
OF prices. Further price readjust-
ments were announced b. leading oil
interests. including standard oil OF
New Jersey. Other commodity
markets were steady, including tex
tiles.
A spirited recovery in leading in
ternational remittances Yas one OF
the days noteworthy incidents.
British, French, Belgian, Dutch.
Spanish, and Greek rates rose brisk
~ but quotations on Northern En-
rope were mixed, Christiania and
Copenhagen reacting sharply.
In the bond market. issues Of re-
cent flotatiOn, including Pennsyl-
vania 615 and several oil underwrit-
ings continued TO fall under their
subscription prices. Liberty bonds
were irregular. as also were rails
and active industrials. Total sales
(par value) $11.S50OOO.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09
STOCK MARKET SELLING
PRICES AT 100 P. NJ.

NEW YORK, Feb. s.-Last quo
tations on the stock exchange at
1870 %. m, TODAY, Were:-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09

CHICAGO, Feb. S-ET TTR-uN
ceipts, 4.216 tubs; creamery. extra. st-.
nrsts 36G+2c packing stock 1HTIse
EGGS-Receipts 11.0eS eases. ordinary
nrsfs. 3Ofd Sic. hrers %. $40. .r.-rl
SSWS0c dirties 2STG0c
CHEESE-Twius. new. 127 r2fe. n-fs-
les, 24lsU 4c, young Americas 2t1 If--r-
Longhorns, 16l3 n aic. brick. -1r-Ui-c
LIVE POI LIkA-- Turkeys. ale. ~ .-r-
ems. ooc. springs, 3ne, BOOSTERS. s2r-
geese DC: ducks. slIc
TOES-Beceipts 81 cars. Mime
sofas and Wisconsius. 81 .1ol 1-15
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09
CHICAGo GRAIN - rRnvIs1nN
South Bend Market
HAY STRAW Am FFFD

.COrrected Daily BIS the Wesley Miller
FlOsr Feed Co. 420 =. Michigan
NEW HAY-Paying SIS to SIS selling
S24 20 SIS
S1kA W-Paying SO. selling SIS. or
y 90 bale
OAIS-Paying 40c. selling Bp. o. 90.
CLOVER SEED-Haying $1,000. selling
So 20 S14
ALSIKE CLOVER Selling SIG 20 SIS
ALFALFA Northern grown -SI4
NEW CoRN-Payiu- COO, selling soc
10 81
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09
PRODUCE NIARKET-

(COrrected Today by the Brotherhood
Grocery. 230 ~ Main ST.
BUTTER AND EGCS-Creamerv but-
fer pnyiue fSc pound. selling 5Jc round !:
eggs, paying
rEtIIS aND VEGETABLES Fruits.
California naval oranges 23c 20 coo per
dozen; new cabbage. paying , lie 10.
selling &c.
NEW POTATOES peck
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09

TNDIANAPOLIS. Feb s-HOc[Ra-
ceipts. 1000 market Zoe lower. best
heavies. Sl0-25; mediums and mixed
S915Ql01O; common 10 choice, S9soa
10.
CATTLE-Receipts. $40: market
steady; steers SS55eGo.5O. COWS ana
heifers. s. SJd1
HEEP-Receipts. % heed: market
steady; top, S3d350
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09
GRAIN AND FEED
Corrected Daily by -. B. AIorgun. Sta

CORN-Paying 65c a busheI
OATS-Paylng 4Oc. selling 90 II 1Ic
BRAN-Scliug $500.
Selling $40 hundred.
CHOPPED FEED-Selliug S225 per
cwt
SCRATCH FEED-Seling $500 500
cwt
CUMMINGS hushel
WHEAT-Payiug 81 60
NJ E-PayIug = %
CLEAN BUCkWHEAT- pavfue 81
hundred.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09
nIDEs I'D TAILoW.

Corrected Today by 8 " Llppman.
21O " Main STD
HIDES - o.. caIfskins Joe. rend-
cred tall0w, ~ o. Tbs rough tall
low. 2d3c b.; beeswaz 1888
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09

. ~ - @ l. on
.i D.. G.
A..o-1oan -. c-t5'5!z o.,
1870 60 81
hfiio Cha1r,a-a
49,. 60 r,o,,.5,.- 80,
-. - 49,
Anaconda Connar ooZ
A,,,,-to., Gle, "a pc, =, 40
r " ga
=
=
= 90 !" 80 -
- - -, ar,,,
- - 90 =
= = y Y
NC hiiS us@i
= ma Oie ulii ''-'---'9 -
y - -,
- anu - .''''''''''''''''oo =
(,1-,,-1- 60,
-, -
- = "a
- 49,
-. 49,, -, 2
G55iei a No .ois ~ -
IIiuo "N1 o.iil''O" $50 =
~ Co-.-aI &c -
T--ts--a.to-z, s.,
-"t-.s,
-,.I -
Ltannaoot+ -onps~ SorL
80
--~f T,-s,-
~ 60 ga
Nra-t,o Ca,~,o,
Marine Preferred 5O&
Nfi.so,,-t paotftc "a
Midvale steel 3OI
%avada Gunner 11Z
New Haven
y Y. ..
Norfolk and Western - ss[
Northern Pacific ..... 84lk
pure OF 2AX
Pan-American Petroleum -. 74bs
PEOPLES Gas Observation-Disclosures. 3S
PENNSYLVANIA . 4O@
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09

Liberty bonds-siz percent-si.-
so: first 4A's-s70o; second as
$3.50. third 4j4's-s0.0s. fourth
AZ $500; fifth ~ $3.50.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-02-09

Corrected Daily by Major Bros. s. Lo-
gan ST. Afishawala.)
HEAVY FAT ~TEERS-Iair 20 good,
ease: prime. SM4r
HOGS-1a0 O. 10 lbs. size. 80 % 1T5
lbs. g.; 10 70 30 lbs. orc. % 10
300 lbs. &C.
LARD-1Tc.
The Lake County times., 1921-11-12

Wen. their men came out ana welde
rail joints and levelled the track but
they wouldn't replace the old ties
They simply straightened them up and
amped the ballast around them why
some of those ties were 50 rotten YOU
could pick them to pieces with your
fingers.
we worked the asphalt around IN
der the rails, hoping that would help
hold them up but it didn't The
hanges on The car wlDee els sink into
the pavement when the weight of the
cars pressed the rails down Sand
blows into these little ruts and. each
time the wheels grind through them
they get worse. l had officials Of the
street car company out there Iookins
at the job but they said they couldn't
do anything and they didn't"
The pavement is perfectly satisfac-
tory aside from the bad spots which
are showing up along the tracks Mo
torists have frequently covnplimen-ed
Miles on the street which they say
would last for many years if the dam
age from the car tracks could be kept
from spreading
The Lake County times., 1921-11-12
ARNISTICE:
BY WEATHER
Hammond and West Hammond
Display Same Spirit As
During the War

Whole many cities in other parts
Of the state were calling off their
Armistice Day celebrations yesterday.
because Of bad weather. Hammond and
West Hammond went right ahead, dis
playing the same old spirit which
characterized their work during the
world war.
The temperature was close t. freez-
ing and the stiff wind carried a swirl
ing mixture Of fine snow and rain
covering street and sidewalk with
sloppy slush, but the people Of ~
sister cities refused to change theii
plans.
The parade was a little late in get
ting started but it proved the sur
prising feature of the day, Headed
By the police and city officials Of West
Hammond, the march was made to
152nd street, in West Hammond, where
a tree was planted a. the southeast
corner of 152nd street and Forsy the
avenue in honor of Frank Miotka, one
of West Hammond's soldier dead. Jo-
seph NIiotka and Mrs Stella Romsze-
wicz, brother and sister Of the de-
ceased. were present at the ceremon2
Then augmented by the West H
mond marchers. the parade resumed
it's course by Forsythe avenue and
state street, back to Hammond and
down Holman street, to Harrison
park. Gold Star Mothers were carried
IN large bus over which the big
service flag Of Hammond had been
draped TIE military organizations
had prepared beautiful float sym
bolic of liberty and peace Miss Cie-
nevieve Carroll as the Goddess OF Lib
erty. stood atop a hemisphere repre-
senting the earth, surrounded by a
flock Of peace doves.
In another float. furnished by the
Calumet Association Of Sanitary En-
gineers. Mrs j. r EARNINGS and
Continued on PAGE Ffrel
The Lake County times., 1921-11-12
BROWN JOLLTFICA-
TON CALLED OFF

Next Monday night hed h4en set ae
the date of the Brown joIHfcation, as
Is result Of Dan Browns vI.tory. IL
had been plaaned as an out d or al
fair. in that there is not hall in
town large enough T. hold a crowd
that IS in . hilarious mood But ow-
ing TO weather conditions, and the fact
that 50 many people are out Of work.
it has been decided to SET aside the
money that would be spent for are-
works, etc. to be put in the fund TINT
is TO help take care Of the citys needy
and poor.
Mayor Brown. however. wants over,
Individual who supported H'm To know
that he does appreciate his kelp. aud
proposes d. conduct hmecle and tho
administration Of the city's affairs IN
such a manner. that every one who
voted for him Will be glad that he
did 1l-12-7
The Lake County times., 1921-11-12
HEAVY GUARD
PUT AROUND
MEETING HALL
Great Powers Of the World
Gather Under AuspiCiOuS
Peace Conditions
BULLETIN

INTERNATIONAL NEWS SERvcEj
WASHINGTON, Nov. 12-An unus-
uaI1y heavy guard of U. S. Marines was
thrown today about continental hall,
where the first session Of the armament
conference was held, as a result of the
receipt of a number of threatening let
ters by high officials OF the state de-
partment.
Increased precautions were also tax
en- to protect the distinguished states
men from all parts of the world who
are here for the conference. All hotels
and residences where they are quarter
ed are guarded.
While all air OF secrecy has been
thrown about the missives, it was learn
ed today that they are OF a highly dis
turbing character. They are not the
ordinary crank letters which public
men and prominent officials habitually
receive but are said 60 show consider
able education and intelligence on the
part of the authors.
The purport of one letter was that
the writer would attempt TO "injure
and thereby impress" the gathering Of
world statesmen here