davidaulloa/AmericanStories huggingface dataset:
Evening star., 1921-03-19
INDUSTRIAL BONDS
SHOW GOOD TONE

NEW YORK, March 1s.-The only
incident of note in the bond mar
ket this morning was the strength in
some of the industrial issues.
Liberty bonds were slightly lower
on the day. Foreign governments
were substantially unchanged. Swiss
IS at 1929, Belgian SIS at 9Sk and
Belgian 6s at 901s were all where
they had left off yesterday Kingdom
of Italy 61s s did not respond as might
have been expected. to the strength
in Italian exchange. They were quot
ed at 81 Is, as against one transaction
yesterday at S12a. Norway SIS Were
strong at 99A. French SIS. at 80.
were up points from their recent low.
Railway bonds did little one way or
the other. The Pennsylvania were
not as sensitive as they previously
had been to the weakness in the
stock. The ten-year Is, at 1o1 q
were unchanged on the day as COM
The Pennsylvania 61as were also the
same as yesterdays at 9S1s. Erie
first As eased off a bit and so did
New York Central debenture 6s. In
dustrial bonds were evidently being
helped by the strength in the indus
trial stocks plus the prospect of low
er time money rates. A large block
of Central Leather 5s changed hands
at 90k. this coinciding with the de-
velopment of greater activity in the
leather stocks. Steel sinking fund IS
rose over half point to 95%s. which
was well up to their recent high.
Chile Copper Is were down fraction
at 9315
Evening star., 1921-03-19
REVIVAL SHOWN|N
AUTO TIRE TRADE
Increasing Business Report
ed by Rubber Plants.
Tone Is Optimistic.
BY G. #. ROCKWELL.

Special DlSnatch 10 Inc star.
CLEVELAND. Ohio, March I 19-
Signs of revival in the automobile in
dustry are more numerous in the
steel market, but as yet they are in
the inquiry stage. The steel busi-
ness is generally considered as quiet
as at any time in recent years. Still.
with the open winter that has ena-
than usual at this season of the year.
replacement business is certain to be
reached at an early period and a
greater demand for tires is sure to
follow.
Rubber plants in this section re-
port an increasing business brought
about by the cutting down of sur
plus stocks on hand last fall.
Firestone announces that it is
working two shifts now. the
by. operated by r. J. F>irestone, is
running ten hours day and six days
a week. while an Improvement is
noticed in various other rubber COM
panies in this locality.
Garment manufacturers are en-
courased over the improvement in
business brought about by the mild
weather and early Easter There is
an optimistic tone throughout the
trade, with business quite generally
referred to as being pretty good"
One waist manufacturer says the
waist business is better than in six
months and prices are Stiffening
One good sized industrial plant re-
sumed operations this week on full
time after working three days a week
since January 10. Employees accepted
20 per cent wage cut.
Business in many lines, however
is not making the Roadway expected
because Of the high freight rates
Freight charges now on steel shapes,
bars or plates average $3.50 ton
at primary points of manufacture.
This means $50 to s25 a ton if shipped
any distance.
At various points throughout the
country so per cent of the cost of
lumber anu other essential building
materials is traced to freight rates
Reductions in transportation costs
are looked upon as essential to the
relief of Stagnation.
Evening star., 1921-03-19
MEXICAN RAILWAY MEN
ORDERED BACK TO WORK
National Leaders of Strikers Are
in Agreement With Officials
of Government.

MEXICa CITY, March 1s.-Railroad
unions throughout Mexico have been
ordered by telegraph to resume work
Immediately as a result of an agree
ment reached between national lead
ers of striking railway men and gov
ernment officials. 1t was believed here
today that virtually normal passenger
and freight train schedules would be
resumed by the first of next week
Little is known of the basis of the
settlement of the strike of railroad
workers. which has seriously embar-
rassed railroad lines throughout the
republic for the past three weeks. A
brief statement by the leaders of the
men. announcing their determination
to call off the strike, was issued here
last night. and government officials
have been silent as to the details of
the settlement.
The government was represented in
me final conferences by President
Obregon and Adolfo de La Huerta
secretary of the treasury. The leaders
said in their statement that they had
implicit faith that the government,
as represented by President Obregon,
Plutarco E. Gales, secretary Of the
interior. and Secretary de La Huerta,
will later deal with railroad problems
in a fair and just manner"
Evening star., 1921-03-19
INDUSTRIAL WORRY PUTS
WHEAT ON DOWN GRADE

CHICAGO March l9.-Uneasiness
regarding the industrial outlook has
done much this week to put the wheat
market on the down grade. Compared
with a week ago. wheat this morning
showed a fall of ~ to SA bushei.
down ~ to * AIN. Net changes in
provisions varied from 35 decline to
2l advance.
Although export business in wheat
broadened out at times, especial!
after a setback in prices. the over
shadowing influence of strained in
dustrial conditions recurred again and
again as a ruling factor against the
bulls. Heavy selling on the part or
leading longs took place. and prices
dropped decidedly. Notwithstanding
assertions that green bugs appeared
almost certain to destroy Okla homa
crop and had spread into Kansas. the
best wheat-producing state in the
Union
Pending definite action. too. talk of
an embargo against importation OF
farm commodities into the United
States failed also to stimulate any
material advance. On the other hand.
announcement that Great Britain ana
Russia had signed a trade agreement
was likewise almost ignored, the gem
eral assumption being that Russia
possessed no important quantity of
wheat available for export.
Corn and oats sympathized with
wheat. but were steadied somewhat
by falling off in receipts of corn.
The stock of lard here was shown
to be larger than had been generally
supposed. Export demand for lard
improved. however. and tended to
overcome the bearish effect on the
provision market as whole.
Evening star., 1921-03-19
SOUTHWEST TRADE
SOMEWHAT BETTER
Many Merchants Reported
Readiusting Prices-Strike
Dangers Passing.
BY DICK SMITH.
.cial pispa tch to The Star.

special Dispatch to The star.
KANSAS CITY, Mo. March 10
With danger of precipitate action by
railroad and packing house workers
apparently past. at least for a'time,
the tenth federal reserve district has
turned to other readjustment phases.
Generally retail merchants have
adjusted prices to conform to de-
creases in wholesale prices, but ac-
cording to the president of one of
Kansas City's largest banks. some
still are impeding progress by refus-
ing to take their losses.
The volume of retail trade stimu-
lated by the approach of Easter has
encouraged merchants to begin plac-
ing fall orders, subject to prices at
time of delivery. This enables whole
turers and should tend to check the
growth of unemployment.
While the Department of Labor S
report of Wednesday shows slight
increase in unemployment in this ter
ritory, there is no reason for believ-
ing the situation serious. In fact. alb
sence of suffering and acute want in
dicates unemployment has not pro-
gressed to a menacing degree.
Building Is Stimulated.
Open weather has stimulated build
ing of dwellings somewhat and work
thus afforded has taken up some of
the slack caused by curtailments in
half of March indicate this month will
show a gain over March of last year.
No great headway is expected, how
ever. until after April. when new
ing trades. Contractors are deter
mined to cut wages 12h to Is per
cent, according to p. II. Anderson,
secretary Of the Builders Associ alton.
Evening star., 1921-03-19
WILL DECIDE DEBS CASE.
Attorney General to Pass on Plea
for Socialists Release.

Early consideration and decision
on the case of Eugene V. Debs. the
socialist leader now serving a SEN
tence in the Atlanta penitentiarv for
violation of the espionage act will
be given by Attorney General
Daugherty. The officials of the bu-
reau are now collecting all of the
papers for the consideration of the
Attorney General. who said that he
would start reading the matter thor
oushly tomorrow morning.
The President has instructed the
Attorney General to take up the case
with the view Of ascertaining whether
Debs should be released.
There is to be no "picketing'' of
the White House in the efforts to
have amnesty extended to those i'm
prisoned under the espionage act. ac-
cording TO an announcement made
by Mrs. Harriet Stanton Blatch at
socialist amnesty headquarters here.
Now that the President has asked
Attorney General Daugherty to re-
view the case of Eugene V. Debs."
she SAID, 1t is all the more i'm
perativc for us to continue o,,r work
OF securing a widely signed petition
in order to show the administration
how general the demand is over the
country for amnesty of political
prisoners"
Evening star., 1921-03-19
BY STUART r. WEST.

NEW YORK, March 19.-The course
of this weeks markets has vindicated
the opinion, which might to many
have seemed in jeopardy a week ago
that the real turn for the better III
the general financial and commercial
situation came at the beginning OF
the new year.
The decline on the stock exchange
in February and the first ten Gays IA
March was not the renewal OF tns
major downward movement when,
eliminated toward the end OF Deceh :
Der.
1t was simply the secondary reac-
tion familiar under all similar cir
cumstances of the past. FIRST there
comes the impulsive rebound from d
state of virtual panic-this is Whal
was seen in the early part of jan
uary.
Such a rebound invariably carries
prices up too fast and too Tar TOT III
Vestment buyers to follow. 1herr-
upon ensues a reaction whlch, Whiie
it stops considerably short OF reach- :
ing the previous bottom, does bring
many Individual stocks to new low
points and produces a great deal OF
uncertainty as to whether the reai
downward swing mas not stai ""
again. This is what happened be-
tween the middle of January and the
early part of March.
Misgivings on this point should have
been sufficiently relieved by what has
happened in the market during the
past week.
1t can now be seen how the true
position was distorted by the bear
operations. which reached their eli
max week ago. These operations in
their later stages brought out little
fresh liquidation, and when the short
interest set about getting in it's con-
tracts recovery was very rapid.
Improvements in Spots.
Reviewing the business situation
last week, a great deal of irregularity
had to be noted. Things were better
for the textile industry, for the motor
trade. for wholesale dry goods than
they had been two months back.
They are rather worse for steel and
copper.
Reviewing the situation at the close
of the present week, this irregularity
has been lesSened. In the lines where
improvement was under way it has con-
tinued
At the same time the reports have
become a shade more cheerful con-
cerning the copper trade, while lead
ing representatives in steel have ex-
pressed the opinion that the worst is
over in their industry and the belief
has grown that the price cutting in
the oil trade has gone as far as is
Evening star., 1921-03-19
LIVE STOCK MARKET

CHICAGO, March 10 Omitted States
bureau of markets) s).-Cattle. receipts.
1000 head. Compared with a week
ago, beef steers 25 to so lower; spots
off more on heavies; butchers cows
and heifers, mostly 25 lower; bulls,
stockers and feeders, steady to 25
lower; veal calves, IS to 100 lower;
spots off more.
Hogs. receipts, 1900 head; light and
medium scarce, Is to so higher; 9TH
ers slow, mostly weak to Is lower
than yesterdays average, with an
other holdover of heavies; top, 1135;
bulk of 200 pounds down. II 1OOa1125;
bulk of 220 pounds up. 9.25a1O. 35:
pigs, strong to 2o higher; bulk de-
able, 80 to 120 pound pigs, 1050a
1915.
Sheep, receipts. 5000 head; receipts
today practically all to packer di-
rect; compared week ago, light and
handy lambs. so to rs lower; feed
ers less: heavy lambs, mostly LOO
off; ewes about 25 lower; wethers
around so lower; yearlings. SO to LOO
lower.
Evening star., 1921-03-19
PALMER OPINION STANDS,
Attorney General Not to Review
Wine and Beer Decision.
uotations furnished by W. B. Hibbs & c.

There will be no further review
Of the opinion of former Attorney
General Palmer affecting the pre-
scribing of beer and wines by ply
sicians unless Secretary of the Treas
ury Mellon asks for it. Attorney Cen
eral Daugherty asserted yesterday.
Mr.. Daugherty said that. except on
request for a review by the head of
a department, the Department of Jus
tice could not hand down reviews Of
opinions.
In connection with the possible
transfer of the prohibition enforce
ment bureau from the Treasury to
the Department of Justice, as a part
of the general reorganization of gov
ernment departments, the Attorney
General said he was not seeking any
additional authority, but would ac-
cept such responsibilities as Congress
might place upon him.
Evening star., 1921-03-19
SEE SECRETARY HUGHES.
Members of Liberian Mission Here
Seeking Financial Aid.

Secretary Hughes today officially
received the members of the plenary
mission from the African republic of
Liberia, headed by President Charles
B. King, who have come here to OBJ
tain promised assistance from the
United States for the financial re-
habilitation Of Liberia.
During the world war the African
republic was given a credit Of So 00O.-
900 by the United States. but so far
has received only small portion of
that amount. Conferences will be
held with the secretaries of Stat e
and Treasury within the next few
weeks in regard to the matter.
The Liberian president and his suite
are established at 1917 r street
Evening star., 1921-03-19
MERCHANTS THINK
THE WORST IS OVER
Wholesale Men in Atlanta
Look Now for Steady
Improvement.
BY RALPH SMITH.
Special pispatc to The Star.

Speciai pispatcH 10 Inc S'ar.
ATLANTA, Ga. March 19.-Whole-
sale merchants in Atlanta particularly
dealers in dry goods and novelties
whose territory embraces most of Geor-
gia and parts of Alabama, South Caro-
lima and Tennessee. are persuaded from
observation and actual experience that
the worst is over in their line of bust
ness. They look for steady improve
ment. superinduced Immediately by the
pre-Easter demand. but bearing the ear
marks of permanency that is reflected
by more or less depleted stocks on the
shelves of the country merchants.
Robert X Rambo. member of the firm
of John Silvey & Co, wholesale dry
goods, and chairman of the advisory
board of the Southern Wholesal" Dry
Goods Association, voiced a sentiment
general among wholesalers in Atlanta,
in his comment on the week. He said
"The week has been the best we have
had since last October and ! am salts
fled that the revival is not temporary.
There have been in Atlanta this week
more house patrons than in several
months and these are the best ba-
rometers in the wholesale dry goods and
notions business Their visits enable us
to get first-hand information about con-
ditions in the rural districts and to
form a reasonably accurate estimate OF
what may be expected of the future.
Well Depleted stocks.
while it is unquestionably true
that many of them We're encouraged
by the pre- Easter demand to partly re-
plenish their stocks. the bulk of their or
derS was due to their well depleted
stocks. They have been feeling their way
ALONG t~kinr their losses and buying
practically nothing on the strength OF
lne4r UcIiei tndt there would be
further slumps in prices.
Cotton goods, which are staple
commodity of all country merchants.
have almost reached the level where
they reasonably may he expected to re-
main. That level. in my judgment.
approximates price about 25 per cent
in excess of pre-war figures. l do not
believe the price of raw cotton viii
register any further decline. and con-
fidently expect to see the textile
mills effect speedy adjustment of their
labor costs that will practically estab-
lish the price of cotton goods.
Evening star., 1921-03-19
DOUBLE HOLIDAY LIKELY.

NEW YORK, March 1s.-Brokers
will in all likelihood have a double
holiday next week. Petitions cir
culated on the stock exchange ask
ing for Saturday holiday following
the closing on Good Friday were
signed very generally by members,
and as there seems to be no acute
condition requiring the market to be
open. it is believed the petition will
be granted when the governors meet
Wednesday.
Evening star., 1921-03-19
APPOINTMENT TO WAIT.

In view Of the large number OF
cases which the government has
pending before the Supreme Court of
the United States, Attorney General
Daugherty said yesterday he would
rot give consideration to the appoint
ment of successor to Solicitor Cen
eral Frierson until after these cases
have been completed. He said that
official had complied with his request
to remain until after these cases with
which he was thoroughly familiar
had been argued before the court.
Evening star., 1921-03-19
FOREIGN BONDS.
Quotations furnished by W. b. Hibbs & Co.
MONEY AND EXCHANGE.

NEW YORK. March 19.-Prime mer-
camille paper. 7iha1a. Exchange
firm: sterling 60-day bills and COM
rnercial 60-day bills on banks. 3.S63 !;
commercial G0-day bills. 1861; de-
mand. 39l Il cables. 3.92.
Francs--Demand. G.s5: cables, 6.97.
Belgian francs-Demand, 7.27; cables.
7.29 Guilders-Demand,3 34.35; cables.
3445. Lire-Demand. 400: cables.
Al. Marks-Demand 100: cables,
Lei. Greece-Demand, TAG. Argen-
tine--Demand. 34.00. BraZilian-De-
mand. 14.62. Montreal, 1926 per cent
discount. Government bonds irregu-
lar; railroad bonds steady.
Evening star., 1921-03-19
COMMITTEE POSTS FILLED
Senator Norris Heads Agriculture.
Kellogg on Foreign Relations.

Two important assignments to
standing committees of the Senate,
which have been in dispute while the
republican committee on committees
mas oeen seeking to adjust the COM
mittee assignments, the chairman
ship. on the committee on agriculture.
and a vacancy on the foreign rela-
tons committee. were reported to
have been settled today. Senator
Norris of NebraskA, the ranking
member or the committee on agricul-
ture, VIII be chairman of that COM
mittee, and Senator Kellogg of Min
nesota, will go to foreign relations
committee, 1t was said.
Evening star., 1921-03-19
CARE IN CHOOSING JUDGES
Attorney General to "Look Over
All Suggested Candidates.

Attorney General Daugherty is go
ing to look over" personally, all
possible appointees as federal judges
or district attorneys before selections
are made. In making known his in
tention. Mr.. Daugherty said he in
tended to call to Washington each
man who came up for serious con-
sideration in the districts and see
himself before making any appoint
ments.
Another policy for the Department
Of Justice was announced by Mr.
Daugherty, who said that he did not
intend to institute any suits unless
his assistants agree that prosecutions
should be brought. All the cases
now pending before the department,
he said. are being investigated to
determine whether any should be
dropped.
Evening star., 1921-03-19

Madrid advices state that there is a
strong probability that the new
Spanish tariff will come into force
very soon. Increase on steel prod
ucts. railway and hardware supplies
machinery and textiles is likely.
Merchandise from the United States
TO Porto Rico increased 79 per cent in
1920. compared with 1919. Shipments
from Porto Rico to the United States
nearly doubled in value.
Great interest is being displayed by
the Japanese In the DEVELOPMENT OF
commercial aviation. Substantial or
ders are reported to have been placed
with the British.
steps are being taken in Germany
toward the establishment of a ma
tonal museum of economics in I,eiD-
Zig.
Representations that Canada should
appoint trade agents in the United
States are understood to be receiving
serious consideration from the minis
ter of trade and commerce
The Brazilian congress will con-
vene May | and Will resume discus
sion of the general tariff revision.
which was postponed from last ses-
sion.
Foreign trade returns of England
for February indicate continued de-
cline of considerable Importance in
overseas trade. Imports decreased
about f20,OO0.000 in value from those
of the previous month, while exports
fell off more than f23,000,000.
Medical and surgical supplies are
urgently needed for the Siamese hos
pitfalls. eight of which are in Bang
kok.
Plant for the extraction and refin-
ing of peanut oil is in demand in
TdngtAu.
Spain. under normal conditions re-
auires about 500. 900. 900 board feet an
nually to supply it's needs for lum Der
and forest products. OF the imported
supply. amounting TO about 34S. 900 900
board feet in 1913. the United States
supplies about $4,000. 900 feet most OF
which was southern yellow pine and
the remainder largely red gum and
white oak.
Evening star., 1921-03-19
NO NEW FINANCING.

NEW YORK. March 19.-The CO.
lumbia Graphophone Manufacturing
Company. whose stocks have been
somewhat under pressure recently
due to rumors OF new financing con-
templated denies officially that any
new issues OF securities are con-
templated at present. The company
says it has S6.000.GG0 in cash on hand
and net assets Of between eighteen
ard twenty millions of dollars 1t
also reports that business is improv-
Evening star., 1921-03-19
PARIS BOURsE QUIET.

PARIS. March 19.-Trading was
quiet on the bourse today. Three per
cent rentes, SO francs Is centimes Ex-
change on London, Sc francs 43 CEN
times. per cent loan. S3 francs 95
centimes. The dollar was quoted at
IA francs 42k centimes.
Evening star., 1921-03-19
MR.. WEEKS IN PITTSBURGH.

Secretary Weeks of the War De-
partment has gone to Pittsburgh.
Pa, TO make an address before the
chamber of commerce tonight. He
will return to this city Monday
morning.
Evening star., 1921-03-19
Grain, Produce and Live Stock
LOCAL WHOLESALE MARKET.


Eggs-Strictly fresh, per doz., 32;
southern, 81.
Live poultry-Roosters. per lb,. 21;
turkeys. per h.. +5a53: chickens,
spring, per lb.. 40a45; hens. per lb..
30; keats. young. each. a0a60
Dressed poultry - Fresh killed
spring chickens, per h.. 42a45: hens,
per h., 35a36; roosters, per lb., 25;
turkeys. per lb.. 50a5S.
Pork-Dressed, small per lb.. IS,
medium, 13a14; heavy. 10a13.
Live stock-Calves, per lb., IA; lambs,
10a11; sheep, 3a4; hogs, IL.
Green fruits-Appies, per bbl.. 3.o0a
700; per basket 75a2.o0; western. per
box, 350a4.50 California lemons. per
box. 3.5ea4.50. California oranges, per
crate. 4.00a5.00. Florida oranges, per
crate. 4.00a4.75. Grapefruit. per crate.
4.00a50O
egetables-Potatoes, nearby, No. 1.
per bbl., 1.75a2.25; northern, per sack,
250a2.75: sweet potatoes, per bbl. No.
1. 500a6 90: No. 2. 2.0Oa3.O0: yams. per
Dbl, 4;o0a5,Oo Lettuce. Florida, per
crate, 2.5Oa3.50. California iceberg let
tuce. 4.00a4.50; celery, per doZ.. 1:ooa
1.25: Florida celery. 2.50a3.00: Ro-
maine lettuce. 1.25a2.oo: Cymblings'
per crate, Florida 4.O0a6.00. Spinach.
per bb1., 2.00a2.50. Peppers. per bas-
ket, 6.00a6.50 Tomatoes, per box.
4.00a5.50. Onions. per sack. 1.40al 30.
Brussels sprouts, per qt. 25a3o.
Cranberries. 200oa25.00 per bbl Old
ca bbage, 100a1.75 per cwt.; new cab
bage, per crate, 3.00a3.75.
Evening star., 1921-03-19

Tobacco Company amounted to s143,-
iO6.332, against Sl46.023,730 in 1919,
although the balance available for
dividends was sl5,l51,155, compared
with $15.972,572.
Evening star., 1921-03-19
LIBERTY BOND CLOSING PRICES

NEW YORK. March 19.-Liberty
bonds closed: Sks, 90.62: 1st As. $500
bid; I'd As, $500; 1st Ans, $3.50; I'd
ANS. s6.e4; 3rd 4As, 9o.2O: 4th ANS.
81, II; tory, 3As, 97.16; victory.
las, 91.12.
Evening star., 1921-03-19

The Weber Piano Company has de-
clared a quarterly dividend Of u per
cent on it's preferred stock, payable
March 81. to it's stockholders OF record
March 10.