davidaulloa/AmericanStories huggingface dataset:
Evening star., 1921-12-01
COTTON MARKETS.

NEW YORK, December 1.-The cot
ton market opened barely steady at IA
decline of % to IS points, owing To
weak Liverpool cables. scattered
southern and Liverpool selling and re
newed liquidation. January sold off
to 1874 and March TO 1870. or 29 TO
so points net lower, right after tn.
call. but prices soon turned steadie.
on covering, which was probably pro-
NOTED by the firmness of foreign .X-
change rates.
q Futures opened barely steady: De
cember. 1850: January. 1I.45; March.
1875: May, 1905; July, 1857.
NEW ORLEANS, December L
Losses of IS TO II points were mad
around the opening Of the cotton mar
ket today, as the result of the state
ment by the federal reserve board
that the cotton crop probably exceeds
s.0O0,00O bales. and Il private crop cs-
innate of 1.gS9,0o0 bales. AT the end
of the first half hour of business
prices We're IL 10 l5 points under the
close of yesterday, January having re-
covered to 1888.
Futures opened steady: December.
1850; January, 1853; March, 16.S2
May. 1855; July, 1914.
Evening star., 1921-12-01
RESERVE BOARD REPORTS
STEADY BUSINESS GAINS
Progress to Normal Condition With
Some Local Interruptions,
Declared Certain.

A steady. .'even if locally interrupted.
progress back TO normal conditions.
was forecast by the Federal Reserve
Board in its monthly business and
financil review published last night.
Although improvement in business
conditions in November were not so
pronounced, as compared with the
previous two months, the board $ state
ment said, for the time being. the peak
of demand has been reached ana
passed. while uncertainty regarding
prices of staples. particularly cotton,
has interfered with trade buying.
Recovery in the steel and iron trade
has halted for the present. the board
said. and prices have had tendency
to become unsettled result of pos
sible further reduction of freight
rates.
A strong foreign demand for Ameri-
can goods, particularly staples. was
declared by the board to be particu-
larly noteworthy, in view of the much
lower prices at which cotton is now
being shipped, as compared with last
year
Prices continue to maintain a sub
stantially stable position, the board
said while unemployment has at
least slightly decreased. but the re-
duction in the prices of cereals and
the failure of cotton to maintain as
high a level as expected have proved
serious handicap to the farming in
terestS. The cereal reductions. the
board continued. has resulted in a
leSsening demand for copsumable
goods in farming communities and a
tendency to check somewhat the proc
ess of liQuidating loans at banks.
Turning to the financial situation,
the board said capitalistic develop
ments during the month were en-
couraging, except for the foreign eN-
change situation. A distinct tendency
toward decline in the level of market
rates was observed as well as ready
absorption of new capital issues.
The general situation of trade and
industry" the board pointed out, lis
unmistakably more hopeful, and is
improving as steadily as can be eX-
pected in view of the slowness Of
economic progress in other parts of
the world. particularly in western
Europe.
Evening star., 1921-12-01
Grain. Produce and Live Stock
LoCADwHOLEsALE MARKET

Eggs-Strictly fresh. per dozen. &C:
average receipts, 65.
. Live poultry-Roosters, per lb.. Il:
turkeys, per h.. 4Ja47: chickens, spring,
per h.. 21a2S: hens. per h., 25a26:
Keats. young, each. 60a70.
Dressed poultry-Fresh killed spring
chickens, per lb.. 2Sa30; hens. per lb..
70; ROSTERS. per h., 20; turkeys, per
ID, 4Sa5O; keats. young, each, 60a15.
Pork-Dressed. small, per h., 10.
Live stock-Calves. choice, per lb..
l2a12s; lambs. choice, per lb., Sh;
live hogs per ID, s.
Green fruits-Apples, per bbl., 6.00a
lo.o0; per bus. basket, 2.50a3.25: west
ern, per box, 3.o0a4. 90. California
lemons, per box, S.00a3.50: California
oranges, per crate, 6.50a7.50. Grape
fruit, 3.i5ai.50. Florida oranges, 4.50a
egetables-Potatoes. new. No. l..
per bbl., 3.00a3.75; per sack, 3.5oa3.66:
sweet potatoes. per bbl., 3.50a4 %.
Lettuce. nearby. per crate. 1.00a1.50:
cry, per doz., 75a1.Oo. Romaine let
tuce, 1.25a2.00. Cymblings. per crate.
2.5oa3.OO. Spinach, per bbL, 1-2Ja 50
Onions. per 100-lb. sack, 5.75a6 90.
Cabbage. 3.00a3.25 per bbl Cucum-
6ers. 3:0oa6.00. Elephants. per crate.
200a3.O0. Tomatoes, per box, 2.O0a
200. Beans, 1.50a3.00 per basket.
Sprouts. 15a20 per qt; peppers, per
crate, S.00a10.00.
Evening star., 1921-12-01
LADY WOLSELEY GUEST.
Press of Nine Nations Represented
at Penwomen's Tea.

Representatives of the press of the
nine nations assembled in conference
on the limitation of armament We're
guests at the British American tea
given by Mrs. William Atherton
Du Puy in honor of Lady Wolseley
of England at the national headquar-
ters of the League of American Pen
Women yesterday afternoon.
Lady Wolseley, founder and hon.
orary member of the "British-Ameri-
can Kinship Clan" an association to
draw closer together the blood rela-
tions of the two nations. has come
to America primarily to present her
organization TO this country and to
establish headquarters either in New
York or Washington. The London
headquarters of the clan. it is said,
possesses reception rooms. informa-
tion bureaus and a genealogical de-
partment for members of the organi-
zation wishing to trace their British
ancestors.
Lady Wolseley. who was presented
to the gathering by Frederic VIII
liam Vile of the Philadelphia Public
Ledger. pleaded for a close bond of
the British and Americans. which
aroused much comment and interest.
Evening star., 1921-12-01
Rate-Afaturity.
EXCHANGE DEMORALlZED
BY REPORTS IN vienna
Statements Indicate Abandonment
of Government Control Over Food
and Abolition of Subsidies.

VIENNA. November 30.-Upon the
issuance today of semi official state
ments indicating that abandonment
of government control over food and
the abolition of all government sub
sides would be effected with the New
Year, foreign exchange became de-
moralized. The crown went from
1928 to $500 for the dollar, both
banks and individuals engaging in a
scramble for foreign values. Stocks
meanwhile dropped sharply all along
the line. The bank rate was raised
to per cent from the former figure
of Z per cent.
The index figure issued today show
ed that the cost of living had in
creased 241 per cent in the past
month. All classes of wage-earners
are formulating new demands to meet
the Increasingly pressing economic
situation to comply with which the
only apparent measures possible are
new currency issues.
Evening star., 1921-12-01
DAIRY MARKETS.

BALTIMORE. December Live
poultry-Turkeys. pound. 45a50: poor
and crooked breasts. 3Sa40; chickens.
young, 24a25;' poor and white leg
horns. 26a22: old hens, 22a25: small
and white leghorns. 20; old roosters.
14al5: ducks. 19a2j: geese. 22a2S:
pigeons. pair. 20a25: Guinea fowl
each. 4OaS5: dressed poultry. turkeys.
4Oa52: chickens. 2ia27: old roosters.
l3al6: ducks. 2Ja2S; geese. 26a32.
ESgs-Loss off, native and nearby.
hrsts. dozen. 62: southern. 60.
Butter-Creamery. fancy. pound.
45ai6: prints, i6aiS: nearby creamery.
41ai2; ladies'. 36a32: rolls, 2Sa30: store
| packed, &c: dairy prints. 2Sa3C:
process butter, 35a36.
NEW YORK. December 1.-Butter-
Firm receipts. $50 packages: cream
cry higher than extras. 47a47i2 ::
creamery extras t92 score). 46ai6i. /:
hrsts tsS to 81 score), 39a45: packing
stock. current make. No .. 90
Eggs-lrreeular receipts. 1925 cases .
fresh gathered extra firsts. 6ia6S firsts
36a62; New Jersey hennery whites. ex-
ira fancy candled selection. 81 nearby
and nearby western hennery whites,
hrsts TO average fancy, 6SaS0: nearby
and nearby western hennery browns.
extras. i3a1J do. gathered browns and
mixed colors. firSts to extras. 56a12 E.
refrigerator special marks, fancy, 40l "A
Al; firsts, 3Sa40.
Cheese-Steady; receipts. 447 boxes Z:
state whole milk flats fresh specials
2la22: do. average run, 20a20i2 state
whole milk fresh twins specials. 2la22
do, average run, 20a20i.
Evening star., 1921-12-01

creased their output to about SO per
cent of capacity, the highest point
reached in months. Prices are uhcer-
tain except on steel sheets, which are
firm. Purchases of structural steel
have been small, but there are mum,
Der of projects pending which will
require quantities of steel.
Notes.
SAN ANTONIO. December l (Spt-
ciaD Oil companies which six months
ago appeared to. be hopelessly in debt
are now re-estabishing their credits and
paying their debts, and oil paper which
for time ives regarded as total loss
now is being realized on, according to
reports by Texas banks. Many OF the
banks had charged off these debts as
loss. and now are recovering the sums
involved and a profit. This situation
advance in oil prices and the discovery
and development of new fields.
NEW YORK, December 1 (SpeciaD.
Demand of employers for a reduction
in wages and demands of employees for a
corresponding increase in wages each
were denied by the arbitrator between
the book and job printing proprietors
and their union employees. The present
wage scale based on pay OF $50 a week
for forty -four hours work will be con-
tinued until October !. 1923, by the
award of Arbitrator John l.. Elliott,
maze puDllc To-Day.
HARRISBURG, Pa, December 1
(SpeciaD.-Latest returns to the state
authorities here on the unemployment
situation indicate decided improve
ment. In six important cities in east
ern Pennsylvania the unemployed
number 19S.635, a decrease of IA per
cent compared with the records of
October 81 and a decrease of per
cent from those of October 10.
CHICAGO. December l (SpeciaD.-
The situation with regard to the cut
ting of costs both for labor and ma
terials is Frightening in this section.
Workers are coming to view reduc-
tfons as inevitable, and labor disputes
are being settled with greater ease
and frequency. StOckyards workers
have accepted a wage reduction rang
ing from 6 to 10 per cent. Probable
reduction in the pay Of street car men
is under discussion, but action is
awaiting the hearing on the order of
the public utilities commission order
ing a reduction of fares from s to 5
cents. Street car men have as yet
given no hint of determination to
strike in the event of a reduction. al
though that prospect is not entirely
unlikely.
Evening star., 1921-12-01
Aid to Grange Interests
Having SaIutary Effect
BY DICK SMITH.
Special Dispatch to The Star.


KANSAS CITY. Mo, December l.
The extension of financial aid to agrl-
cultural and live stock men i'll this
territory is having salutary effect
in creating confidence. and general
business conditions here continue to
improve from week 10 week as the
year draws to close, although that
Improvement is slow. The retail dry
goods business is back at normal. the
sales for recent weeks being about
the same as those of 1917 and 1918.
Trade in furniture. groceries, hard
ware. farming implements and mill
linery has not attained the propor-
tionS of last year, however.
Retail merchants are beginning to
place orders for spring delivery in a
limited way. and wholesalers also
have done some advance business in
millinery. Drug sales are steady and
equal in volume, although not in
money value. TO those of last year.
Furniture dealers are handling more
invoices daily than at this time year
ago and the volume of goods and
money handled in this business eN-
ceeds the record of 1920. Hardware
prices are falling. retail stocks are
being kept low and dealers are buy
ing cautiously. Wholesale jewelers.
report business about 60, per cent
under that of last year.
Evening star., 1921-12-01
CHICAGO LIVE STOCK MARKET.

CHICAGO, December / Omitted
States bureau of markets) ).-Cattle-
Receipts. 10000 head: beef steers
steady to strong: spots higher: bulls
Gamers and stockers. steady: veal
calves, strong to % higher; bulk beet
steers. 6.50a9.00: best to packers
$50: bulk around. 9.0Oa9.25
Hogs-ReceiptS, $4,000 head: active;
5 to 10 lower than yesterday
average. mostly 10 lower: light
lights and pigs practically steady;
top. 10 on 150-pound average: 6.9j
a7.05 on 40 to $50 pound average;
practical top, $50: bulk, 6.70a6.s0;
pigs mostly steady; bulk, 1.0oa7.1Ui
few at 7.20.
Sheep-Receipts. $4,000 head: gen.
orally steady; spots strong, consider
ing wet fieeceS; top fed western
lambs, 1915: bulk fat lambs, S.75a
1890; choice handy ewes. 500; bulk
native ewes, 3.50a4.50; feeder lambs
I'D to 1000.
Evening star., 1921-12-01
DECLINE TO WAIVE
IMMUNITY RIGHTS
!. R. 7. Directors Dismissed
After Refusal Before State
Transit Commission.
By the Associated Press.

ny the Associated Press.
NEW YORK. December 1.-Refusal
Of seven directors of the INTERIOR
ough Rapid Transit Company to
waive immunity in testimony before
the state transit commission led to
their dismissal as witnesses today on
motion of Clarence ]. Shearn, COM
, mission counsel
August Belmont, chairman of the
lnterborough board, said he was con-
scious the directors action would be
construed by some newspapers as "a
half admission of criminal liability"
but with them 1t was a matter of
principle not to waive immunity.
Six of the seven directors of the
1nterborough Rapid Transit Company,
for whom subpoenas had been issued
by the State Transit Commission,
| which desired to question them re-
kgarding dividend declarations of 1917
1919. appeared promptly at today's
hearing.
Only One Absent.
The first to arrive were August
Belmont, Edward J. Berwind. Brig,
Gen. Cornelius Vanderbilt and Nor
gan J. O'Brien. upon whom subpoenas
.had been served. There followed F..
Reid. whom process servers had been
| unable to reach yesterday. Thomas
De With Cuyler, reported in WASH
ington, alone was absent.
of the l. r T.. and several Of the
directors personal attorneys accom-
! panied them to the commissions Of
fees.
Mr.. Belmont was sworn in as the
first witness. Mr.. Belmont declined to
ttx,
nounced the other directors would do
likewise.
Commission counsel stated that evil
dence previously presented had indi-
Gated that the subpoenaed directors,
by declaring dividends which were
lowed by loans had seriously impaired
the capital of the company. which
would carry with 1t responsibility
not only civil but criminal" There
fore, he said, the commission was
obliged to ask that the witnesses sign
waivers of immunity.
Ready to Answer.
Replying. Delaney Nicoli. attorney
for some of the directors. said they
were ready to answer pertinent ques-
tions, but he attacked the practice of
asking subpoenaed witnesses to sign
waivers as illegal. oppressive and an
invasion of constitutional rights.
He added that, as to the charge be-
fore the commission that the directors
had made large sums of money
through purchase and sale of COM
panies associated with the INTERIOR
ough, I'VE are informed that instead
they sustained large losses and are
heavy sufferers through the deprecia-
ton of those securities"
Mr.. Belmont then declared his deal
ings were open books to the public.
"Open books, except that we can't
question you about them without
your signing waiver of immunity,
commented commission counsel.
"That's your fault" retorted Mr..
Belmont.
Evening star., 1921-12-01
GRAIN AND PROVISIONS,

BALTIMORE. December 1 Especially.
Potatoes. new. $50 pounds. 2.75a
1925; No. 9. 1.5Oa1.75; 100 pounds. 1.50
a2.00: No. 2, 75a1.00; sweets and yams.
barrel. 3.00a4.00: No. 2. 2.00a2.50;
bushel stock. 1.00a1.5O; beans. hamper.
coli. bushel. ISAAC; Brussell, quart,
15a20: cabbage. ton. 30e0a4s.00; car
rots. bunch, 3a5: caulifiower. hrrel,
4.0Oa5.00; celery. dozen. 50aS0; crate,
2.5Oa5.OO: cucumbers. crate, 350a5.00; ;
eggplants, crate. l.50a3.00; ho:serad-
a40.
Lettuce-Basket, 1.00a3.O0: onions,
100 pounds. 2.00a5.75: oyster plants,
bunch. 6a7: parsnips. bushel, 75a9O;
peas, hamper. 4.00a500 peppers. crate.
saSsas; ppmpkins each a"aso sal5 savoy
bushel, s0a90; squash. crate. 3.50a5.0
tomatoes, crate, 4.oOa7.OO turnips,
bushel. COATS.
Apples-Packed. barrel. 5.50as 90:
No. 2. 4.00a5.00; bushel, 1.0Oa2.25: box
! apples. 2.00a3.5O: loose, 100 pounds,
! 2l00: grapefruit. box. 2.50a4.00;
oranges. box. 800 a4.00.
SELLING PRICES At NOON.
| Wheat-No. ! red winter spot no
! quotations; No. red winter spot.
| 1.2Ok: No. 2 red winter garlicky
| spot. liz: December, 119.
! Sales-none
Corn-cob corn. old, yellow. quoted
at 2.70a2.75 per barrel. Contract corn.
spot. 59k, nominal: track corn, yell
! low. No. 2 or better, old, domestic, 20.
Sales-None.
oats-White. No. .. 43aa44 per
bushel; No. 3. 41a421a per bushel.
| Rye-Nearby. S0as0 per bushel, No.
z, western export, spot. 96S4. nominal,
per bushel; No. 3. no quotation.
Hay-ReceiDts. % tons; range from
I lG.OOa21O0 per ton, with a moderate
demand for fair to good quality of
| timothy and mixed hay
Straw-No. l straight rye. nominal
| No. 2 straight rye, nominal: No. /
wheat. 1900: No. / oat. 14.50al5.0O.
| CHICAGO. December bears in the
; wheat market had the advantage today
| during the early trading. Rains in
Texas and in southern Argentina were
reported. and the deliveries here on De-
| cember contracts were of fair volume.
Several big commission houses led the
selling. although the Texas rains APP
parentIy failed to reach the Panhandle
| or west Texas, where the large wheat
I, acreage is located. Opening quotations
which varied from unchanged figures 10
| Is lower. with December 1.13L Ia
! 1.13iz and May 1.17A TO l.l724. were
followed by a moderate upturn which
! however, proved transient.
! Wet weathsr over the corn belt gave
| strength to the corn market After
/ opening unchanged to Il higher May
54s4 to "a Is, prices hardened all around
| Oats were firmer with corn, notwith-
standing large deliveries of oats on De-
| cember contracts. The market started
unchanged to a up. May 3sl. to 1885,
and held near to the initial range.
| Trading in provisions was virtually al
a standstill, with quotations almost
nominal.
| NEW YORK. December Lard
! Easy: middle west. y.45a9.55. Other ar
/ ticles unchanged.
Evening star., 1921-12-01
HANDMADE SHOES FAVORED.

NEW YORK. December 1.-Paying
$3.50 and a luxury tax of s2.40 in
addition for pair of handmade
shoes is not so much out of the
ordinary as one might suppose.
A local shoe manufacturer, who
deals exclusively in that kind
of shoes, reports business in
his line as being on a par with
that of last year and with a tendency
to exceed that of a year ago. He
charges the high cost of handmade
shoes to the scarcity of expert shoe
makers and additional expense in
Cured in using imported leather.
But the initial cost. according to the
manufacturer, is far counterbalanced
by extra wear afforded.
Evening star., 1921-12-01
MANY JOBLESS AIDED.

Report of the first months work Of
the Stepping Stone, the home for un-
employed eX-service men. opened at the
solicitation of Urban LedouX by the
Volunteers of America, made public to-
day. shows that unemployed men have
been greatly helped by the institution.
During the month from October 10 to
November 10 the Stepping Stone has
supplied 2.147 free meals. 957 free beds.
and has secured 9s positions for men, 80
of that number being permanent 1t
has also given out 172 free garments
bureau is run in connection with the
Stepping Stone and no charge is made
for food or employment registration.
Adjt. Richard l.. Granger of the Nolun-
teers of America is in charge of the in
stitution.
Evening star., 1921-12-01
FRENCH BONDS ARE
SOFT AND LOWER

Special Dispatch to The Star.
NEW YORK, December lin the
face of the continued strength today
in franc exchange. French govern
ment bonds, both the SIS and the 71ss,
declined sharply. Whatever rela-
tions the two markets bear to each
other, the question arises naturally
in the investors mind as to why SO
many holders of the French securities
are selling them. Opinion gathered
from well informed quarters does not
consider the relation between French
exchange and the country's external
loans a sufficiently close one to pre-
vent the sale of the latter out of fear
that if Germany does not pay her
reparations to France in cash. France
will be at a loss to balance her
national budget.
When the budget was made up
France counted on the receipt of
she could not meet her deficits.
France owes to the American public
about $2OO,O0O,000, and last May de-
clared, she would not need to borrow
more from u.s. She has fulfilled her
sinking fund obligations, and it is
not thought that France would de-
fault on maturity to the United
States. The point was made last sum-
mer. when the French 71as got down
to s3k, as compared with s5a, to-
DAVIS low, and that on former oc-
casion. there was subsequent rally
of 4 points. This afternoon the 7Rs
recovered a point from their low of
the morning.
Liberty bonds were freely dealt in,
hut in one or two cases they fell be-
low yesterdays closing level. The
3hs and third 4As receded, while
oh
New York city AVS of 1868 advanced
over points. and at 100h struck
their best price SO far this year.
Action Elsewhere.
In the other sections Of the list, too,
the market was mixture OF advances
and declines. Among the rails, chi
cago and Northwestern 6Azs at lOs.
Ann Arbor As up about point, Erie
prior lien As. Lake Shore S1es. Ioledo'
81 Louis and Western 4s and Chicago.
milwaukee, and Puget Sound As. all
made new high prices for the year.
ON the other hand, Canadian Northern
Is. Oregon Short Line 5s, St Louis
southwestern 5s. and Baltimore and
Ohio 6s were each down at least
point. Atlas Powder rs ana west.
ern Union 6hs among industriais, got
to fresh tops for 1921, while Atlantic
Fruit Is were prominent in their con-
tinued weakness at a new low.
The quick sale without any az.
vance announcement of $12,500.000
first lien and refunding mortgage
gold G per cent bonds. series 1941, Of
the Philadelphia orEiec Electric rha HompaG honds
were offered by Drexel & CO., BroWn
Brothers and Harris. Forbes & Co.
The urice was 80 and interest, to
Weld nearly 6.1O per cent. The bonds
were traded in on the curb exchange
this morning at 101A, and soon
A syndicate here today was awarded
81. .000. 600 twenty-year average Phila-
deiphia school district bonds to be
offered publicly shortly. Jersey City
has awarded $3,500.000 per cent
four-year tax revenue bonds to a
syndicate Of bankers.
Evening star., 1921-12-01
SLOW-UP IN CLEVELAND AREA
G REPORTED IN TEXTILE TRADE
Decrease in Production Charged to Fewer
Orders From Salesmen-Pretexts for
Observation-Disclosures. i

Curiously enough. the quickening of
holiday buying came just at the close
OF campaign to raise 100000 for a
community chest to take care of all
recognized charities this winter. w.
L.. Rhodes, chairman of the COM
munlty chest committee, said he found
but few who were too broke" to help
the campaign and still buy Christmas
presents. ~
Wholesale and retail trade in mems
shoes is at a lower ebb than at any
time since the ending of the war.
Stocks in retailers hands are smaller
than at any period since 1917.
The meat packing industry in the
northwest is almost at a standstill, and
buying of live stock by packers is linn
tied to immediate necessities.
Evening star., 1921-12-01
NOVEL LUNCHEON SET.

NEW YORK, December There
have lately been put on the market
here, primarily for use at summer cot
tages or camps, attractive thirteen
piece luncheon sets of white fabrikoid.
These are decorated with hand-paint-
ed fieur de lis. scroll and bell designs
in light and dark blues. nile green
and yellow. AS adjuncts to the set
come forty-eight-inch circular table,
top piece Of the same material and
design, and an Is by 4S inch sideboard
or buffet cover. The material is not
only washable, but is said to be i'm
pervious to all kinds Of stains,
Evening star., 1921-12-01
Commodity Reports
From Various Sections
OIL.

PHILADELPHIA, December l (Spe-
ciaD D.-Twenty-five large consumers
here are now burning fuel oil in their
plants instead of anthracite coal and
many more plants are being trans
formed to oil burners, as consumers
say the present cost of anthracite is
making 1T too costly for factory or do
mestic use.
SHREVEPORT. La, December
(SpeciaD.-Thirty new wells have
been brought in in this field in the
last week, of which twenty-nine are
producers. Their initial capacity is
about 1000 barrels a day Drilling
lh untried fields is spreading and wells
in new territory are no longer unusual