davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-11-08
TOPICS OF WALL STREET.
woolworth sales cain:

The r. w. Woolworth Company re-
ports its sales In October as sl4. .4O6.s22,
an increase OF sl.164.5o5. or S7s per
cent. compared with those OF October.
1920. In the first ten months OF the
wear its sales increased 3.1S per cent.
compared with those or the correspond
ing 1920 period, to a total Of Sl10.S55,-
6O4. With district surveys indicating
definite Improvement officials OF the
company look for November and Decem-
Der to be the two biggest months In Its
history. They predict sales In the last
month OF 1921 will be close to
s25,00O.000. In contrast to $21.000,000
in December 1890.
The New York herald., 1921-11-08
Cite. Service Back Mt 200.

The 90 cents barrel advance in mid
continent crude petroleum prices was
felt Immediately throughout the Stand
ard OIL producing and transportation
company shares. and several issues Of
refining concerns advanced vigorously.
The major impetus impaired to the So
called independent company shares was
In Cities Service common, which went
through 200 That stock has risen pre-
cipitately moro than so points since the
trend of oil prices became pronouncedly
upward six weeks ago.
The New York herald., 1921-11-08
Holding Preferred Stocks.

Persons who own Industrial preferred
stocks and got them at prices which re-
turn to 10 per cent are averse to SELL
ing them now. as Is evidenced by many
sharp advances since the middle OF last
week. There are two influences behind
the rise; first the power which bond
market movements always have on
stocks which stand In the investment
area, and, second, the growing. belief
among followers Of manufacturing COM
pany issues that the worst Of the busi-
ness depression Is over.
The New York herald., 1921-11-08
Holiday New. Arrives Late.

Bankers and brokers did not know
during yesterdays business session
whether or not Friday would be n
holiday, but every one was ready to
make plans for day off as soon as
Gov. Miller made his Intentions known.
News that the Governor had issued a
proclamation. setting aside Armistlce
Day as a holiday this year. arrived In
the street In time for the late home
going workers to learn Of It. The &C
tlon Of bonds and stocks throughout the
trading period showed that business had
slackened in anticipation Of at least one
holiday.
The New York herald., 1921-11-08
Middle States OIL.

The Middle States Oh Company an
nounced yesterday that because OF the
advance In North Texas crude oil to
$2.25 O barrel the interes, rate on the
guaranteed and participating bonds OF
the United OIL Producers Corporation, a
subsidiary OF the Middle States and I'm
perial OIL companies. Is on a maximum
basis of 90 Il per cent.
The New York herald., 1921-11-08
Call Money Firm.

Call money. after renewing at 6 per
cent. advanced yesterday to per cent.
In the New York Stock Exchange, and
similar rates prevailed In the outside
market. There was no special explana-
tion for the scarcity Of call funds, other
than the indisposition OF New York banks
to loan funds on call or time to aid
speculation. There will be no Govern
ment deposit Withdrawals before Thurs
day,
The New York herald., 1921-11-08
ISLAND OIL SURPLUS s1c7.snS.

Tho Island OIL and Transport Cor
poration reports surplus of s127,S55
after deductions for the quarter ended
on September 80 and for the first nine
months of 1921 OF S1,3SS.433. Its net
sales In September were S1.094,315.
from which S709.365 was deducted for
sales costs. Its operating profits for the
frst nine months Of 1924 wcrc s2,12f.-
27e, after deducting cost OF sales from
net sales to.allins se,oos.f39.
The New York herald., 1921-11-08
CLEARING HOUSE STATEMENT.

CLEARING HOUSE STATEMENT,
Clearing House exchanges, $3.50, 800, ,oOo
balances. $4,000. 900.
SILVER MARKET.
official bnr silver In New York, domestic,
oONc. nm ounce, unchanged: foreign, g7xc
off 1Nc.; London. 39d., off ;kd: Mexican
dollars. botxc.. off fc.
The range OF silver prices this year:
Highest Lowest
London. ..... 43,sd Sept. 27 s0Nd. Mar. r
New York..... 7issc. Sept. 81 b3c. Mar 8
The New York herald., 1921-11-08
SUBSCRIPTION RIGHTS.

Yesterdays Sat.
Chase Nat. Bank
N. Z. rights. Nov. 81 10 "a II 1-2 10 ID
Con. Power Co. Nov. ~ is 3-s Is
Edison uluminat-
ing Co. .Boston.N Nov. 25 2s-4 ss-4 a1-a
Invincible OH Co.
rights ........ Nov % Is S-16 Is
The New York herald., 1921-11-08
FOREIGN MARKETS.

LoNpoN, Nov. 7.---Trading in securities
In the London Stock Exchange was quiet
to-day. Quotations at the close OF tho
trading follow:
Bar siiver. s91.d. nm ounce.
Bar gold. tOis. "a.
Money. 2iS per cent. - - -
three months biiis. 3is per cent.
Two and one-haif per cent. consols. fsk.
British per cent. war loan, eS.
Rrlfi~h AZ -sr cent. war loan, 81.
DO Beers. f07s.
Rand Mines, 2M.
The New York herald., 1921-11-08
nrscorNr RATES. RESERVE BANK.
UNITED STATES TREASURY STATEMENT.

Nxw YorK
New YcrkH
washington D.. c., u.
The New York herald., 1921-11-08

PARIS, Nov. 7.--Prices OF securities
traded in in tho Paris Bourse were
heavy to-day Quotations ut tho close
of the trading were as follows;
Esra,rs (.ert
The New York herald., 1921-11-08
souru AMERICA.

SOUTH AMEVIVA. .
Dsmaud 1900 1900 t2.s7ia
Gables. .t3.t2is 1874 1900
4z45 Buenos Aires. cents peso:
cables .32 62ts sc.G2h $3.50
fo342 Ur,iruay, cents n dollar:
Demand. .6G75 66.I, ee.ho
Cables. .bl.uo o''VV V"'''
CANADA.
Montreal funds In New York. s'1.so as
count 81 900.
The New York herald., 1921-11-08

1921 1920.
Year to 1413765701s 1889 964i
The New York herald., 1921-11-08
NEW YORK STOCK EXCHANGE QUOTATIONS.
YNovEdB

MONDAY. NOVEMBER z. 1921.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

one purpose and applying it to anoth-
er, The very thing that has brought
the bank to its present distress, and
the main thing that has discredited
that institution and made investors
shy on buying bonds.
The bank is not serving any good
purpose so far as the people are con-
cerned and the sooner it is shut up:
the sooner taxpayers, like those in
Beach Civil Township No. 2, will have
real money with which to run their
affairs. No official, but one who has
gone clear daffy. would now think of
depositing money in the Bismarck rat
hole.
And in passing it may be noted that
all the expenses of the Industrial
Commission, and they have amounted
to about $4,000, in connection with it's
bond propaganda, including fat ads
to the league newspapers, are prompt
ly paid, while the school districts and
other subdivisions that have large
sums on deposit in the state bank, are
left to whistle for it.-Beach Advance.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04
REDUCING THE NUMBER OF
GOVERNMENT EMPLOYEES

We are informed in news dispatch
from Washington that the Harding
administration has already reduced
the government forces 3,471. It is
also pointed out that by Aug. l dis
missals will have reached 5000. 1t
may be impossible, the dispatch says.
to get back to the prewar level OF
1920 employees due to two reasons:
first, the federal income tax requires
hundreds of collectors, clerks and
stenographers, and, second. many en-
ployes are required in the enforcement
of the prohibition amendment.
The war naturally caused the num-
Der of employees to soar. The war had
to be won and America was leaving
nothing undone to the winning of the
war. There was perhaps duplication;
there very probably were too many
employees, but America at that time
did not question this because the main
thing was to have the American forces
victorious.
But the time has come now for re-
duction. The beginning of that re-
duction, even though it be small, is re-
assuring. It indicates that the Hard
ing administration is making an at
tempt to eliminate the unnecessary
surplus of employees and such step
is in line with the demands of the
American people who feel that it is
Ugh time that America was getting
ack to a peace basis.-Forum.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

There is no question but that the
industrial, commercial and agricultur-
al welfare Of the nation depends upon
an efficient transportation service
This point we believe everyone will
concede. The main proposition is
how best to secure that service. The
president suggested method in ask
ing that the War Finance. corporation
whoch has proven itself helpful in the
relief thus far undertaken, be given
the power to buy railway securities
now held by the director general Of
the railroads in order that funds may
be obtained to settle with the railroads
without drawing upon the,treasury. He
then recommended that the corpora.
tons power be so broadened that it
can extend further relief to the live
stock raisers and farmers, and he in
dicated that this would enable it to
meet the nationwide emergency.
The early resumption of a trans
portation service that will handle the
needs Of the nation with dispatch and
at rates within reason will do much to
give the country a renewed business
prosperity. Forum.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04
SHUT 1T UP AS "A PUBLIC
r. MENACE + .n

What is the use of monkeying with
the Bank of North Dakota any long
err? Why. does not some subdivision
of the state take the bit in it's mouth
and bring suit to close the bank and
put an end to an intolerable condition,
and prevent the further freezing of
school and other public money in the
state institution by treasurers of var
ious kinds whose fealty to Townley:
Lemke ct al is greater than their duty
to the taxpayers?
The bank freely admits that it's sole
dependence for life is the sale of
bonds, and as this is not progressing
very fast the bank cannot meet it's
obligations, and as result practically
all the teachers and employees Of state
institutions are without their June
salaries.
AS noted before in these columns
the bank is evidently planning to d.
vert from their proper purposes the
money coming in from the sale of
bonds to keep it's head above water:
in other words it is, according to press
reports. planned by Manager Cathro
to continue taking money intended for
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04
FACTS TO BE REMEMBERED

: every citizen of North Dakota
should know that on February Is:
1920, the supreme court decided that
the Bank Of North Dakota is pri-
vate concern just like any other bank
in North Dakota and that the state
does not guarantee the deposits"
Because lit was private concern
the former state auditor, Carl Kozit-
ski was denied access to it's books and
records by J. r. Waters" manager Of
the Bank of North Dakota. ellis posi-
ton was upheld by the supreme
court" "Four thousand one hundred
and ninety-nine checks drawn on the
Bank of North Dakota have been reg
istered. because there is no money to
pay with" "The Bank of North Da-
kota was opened and conducted by the
nonpartisan league. To them belongs
the whole honor Of having put the
bank in the condition it is" 4 n
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04
NORTH DAKOTA FARMING IN
f. THE FUTURE

The lesson of the necessity Of
adapting farming methods to the To-
cal conditions of climate and soil has
been a bitter one to the farmers of
North Dakota but there is evidence
that they are profiting by it. A long
time has been required to discredit
the one crop system and the scratch
farming method in the eyes Of the
population of this commonwealth but
the heavy pressure of successive
years of crop failure and resulting
"hard times" appears to be the eff
fective teacher and the only one.
Wheat crops are good in many sec
tions of western North Dakota this
year. But this is merely the gam
bler's luck. Numerous farmers find
their wheat crops almost a failure or
at best an extremely meagre return
that will pay them no profit. On the
other hand corn and potato fields pre-
sent very encouraging appearance.
A good crop Of hay and alfalfa was
harvested and the same is true OF rye:
A banker from a small town north Of
Minot visiting in the city last week
remarked that perhaps 80 farmers OF
his section are regularly. cashing dairy
checks at his bank and that they are
getting along very well and not
worrying much over the drouth. And:
what is more significant, he added
that the number Of these dairying
farmers is steadily increasing. The
stock and dairy market may be de-
pressed at present but the dairy farm
ers are well situated and their future
it good.
The farmers who have raised small
err acreages Of wheat and have used
old corn and potato land for the pur-
pose are getting the best returns from
their wheat this year.
"When the farmers generally adopt
this method of using other crop land
for wheat raising, they will have less
troyble and will produce much more
wheat than now" is the statement Of
one of the progressive farmers of this
section.
The value of all the livestock on the
farms of the United States Jan. /.
1920. was $7.996, 1862 ,496 according to
a report Of the census bureau of the
department of commerce in Washing
ton. Jan. 1. 1910, the total was only
s4,925, 1850 or not much more than
half. The 1O-years record shows re-
markable growth. The record of the
dairying states shows the prosperity
that has uniformly followed the stock
and dairy industry's development. The
same results may be obtained in
North Dakota. The choice is open be-
tween the present discredited method
that leads to failure or the advanced
policy that 50 generally spells sue
cess and prosperity. = Minot Daily
News. .:..s 5,.:-T e.s...,..
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

own state government by buying these
bonds. They stand around the street
corners and tell what magnificent
investment they are-but they do not
put a dollar into them themselves,
which is mighty inconsistent atti-'
tude to take. The fact Of the matter
is that a flock Of organizers, bond
sellers and hangers on are going over
than they take in. The people are
paying enormous expenses for a
crowd of office holders that are I'M
necessary and that is one reason why
the state treasury is depleted. We
have too many on the pay roll, too
many bureaus, too many commissions
and too many employees. This is a
strong argument why the recall pc
titions should be literally signed and
why we should have this election next
fall and win out so that stop to this
reckless waste Of the peoples money
can be made. It cannot be expect
ed that even if Mr.. Nestos wins out
next November that any change in
legislation can be accomplished for an
other year, but stop can be made to
spending money foolishly and that
will help some. We are up against a
serious financial proposition in this
state right at this time. Business
men who have done work for the state
cannot and have not for the past two
months gotten their pay, and when
they will get it no one volunteers any
information. Teachers were paid last
months after a hard rustic for money.
what will happen to them next time
the pay check is due is problematical.
Maybe money for them can be raised
but we do not see why they should al
ways be the favored ones. Business
men put ready money into the work
they do for the state and their claim
is Just as important as that of the
teachers. But that is neither here or
there-this condition should not ex-
list. There should be money for every.
body. Such condition never existed
until this new day experiment was put
over. It is the biggest frost that ever
happened. How long are some OF you
radical leaguers going to stand for it.
We can hear those who are on the pay
roll saying just as long as we get the
money-but how about you fellows
who honestly believe in the program
on the start and who are now and
have been paying out your good
money to the pay rollers. Haven't
you had about enough Of it?
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04
EVERYTHING HINGES ON
TRANSPORTATION" '-

In his message to congress, asking
that the powers of the War Finance
corporation be extended, President
Harding very trenchantly sums up
the situation in regard to American
railways by saying: Railway solv-
ency and efficiency are essential to our
healthful industrial. commercial and
agricultural life. Everything hinges
on transportation" ~
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

The Trail County News, one Of the
nonpartisan league organs, has sus-
pended publication. The paper was
started in 1919 and claimed to have
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

the backing of $50 farmers. It has
been in financial traits for some time.
This is only one Of many Of these pa
pers that have ceased publication in
the last few months and others will
follow. No paper founded on politics
s such e a source, can live. A newspaper
must be able to float without political
aid or it is very little use in the COM
munity where it is published. They
are usually collar bound papers, die
lated to by politicians and have no in
dependence in thought or action. For
time during a political fight these
sheets flourish but after the din of
cattle has died down and the tumult
ceases the people like paper that has
an opinion Of its own without boss
dictation. The next year will see the
death of many more of these league
political sheets.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

The newspaper boys Of the state
will extend deepest sympathy to Edi-
or w. G. Cushing, of Beach, and his
.amily, who have so recently been be-
reaved of wife and mother. Mrs.
Cushing passed away recently at Bis
marck after a long illness. The de-
ceased was we'll known club woman
of the state and has been identified
with newspaper work for many
years. Mr.. Cushing is one of the old
est newspaper men in point of service
in the state. ~.. u~ p
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

~ have the honor to inform you that
in my opinion the settlement of such
boundary disputes as arise in the case
under consideration is a matter of
European concern in which, in accord
with the traditional policy of the
United States, this government should
not become involved. The attitude of
the government in this matter is
clearly understood by its represents
tives in Europe, who will therefore, as
far as at present may be seen, take
no part in the discussions concerning
Upper Silesia, and will express no
opinion as to the settlement"
There are no "ifs" nor lands" in
that reply. If this nation can be
dragged into the Upper Silesian dis
pute it can be dragged into any one of
the others, and the major part of the
Versailles Treaty is devoted to bound
ary delimitations, nearly every one Of
which might be made the basis Of
trouble. However, it lies in the mouth
of no man in London to say what the
American policy shall be. That pol.
lev is enunciated in Washington and
is backed by the majority Of the
American people.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

Here are a few more extracts from
Billy Sunday:
"Nine-tenths of our strikes are
caused by band of revolutionary men
who are trying to overthrow govern
ment. Class hatred is using labor as
a club and yet the agents of class hat
red hate labor. Labor and capital
cannot get along without the other:
they must 60 hand in hand. Neither
of these two factions can run the
country, we must run it ourselves
Lincoln said the Lord must have loved
the common people for he made so
many of them So, men and women
of North Dakota, join hands and fight
together. The devil will have to bank
his fires and He'll will be for rent be-
fore Christmas and your state will see
a new era of prosperity and happi-
ness. (Applause.)
"For every twelve weddings in this
country we have eight divorces. Ev-
cry hour of the day, week and month
a murder takes place. | have come to
the point where Judge the morals OF
a country by it's fashion plates. do
not need to read the pages of history
If nation, but show me it's fashion
plates and l will tell you he status of
t moral life. The fashion plates OF
the United States places it as the low
est in all history. l plead for more
sanity and modesty in the attire of our
women. There were 10000 girls ruin
ed in this country last year, 5,OOO a
month. The men who perpetrated
these crimes Of running innocent girls
and selling them into a life Of shame
should be shot on the spot. ZAP
plause.) Greece and Rome fell on &C.
count of their womanhood. The viz
ture of womanhood is a rampant Of
protection for a nation and if you
break that rampant down you can
build road to He'll with the stone"
"What America needs is a tidal
wave of religion. Don't sheer at the
church. she is doing her utmost and
if you destroy her your real estate
won't be worth 10 cents an acre. It is
the gospel of Jesus Christ that we
need. Allow nothing to tear you away
from him."
"Anarchists like the men that shot
Garfield. Lincoln and Mckinley ought
to be in He'll and I will put them there
if I can"
"If you folks don't applaud these
things you are so low you would have
to take airships to get to He'll"
"If any of you birds don't like what
say, 60 back and get your money
and drag your homely carcasses out
of here"
s'The girls of today do not wear
enough clothes to flag handcar. The
man who can look at them without
having a moral blowout deserves
mansion ,"
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

A. A. Liederbach is sending up a
wall to the heavens for information.
He will get it between now and No
vember 8. He wants the I. V. AS
to furnish him the names of signers
on the petitions. Leiderbach should
take trip to Bismarck and read them
over for himself. But Mr.. Lemke
says he will publish these names so
why is he is such great haste? Keep
calm, old sport. Then he challenges
the I. V. A. to show who is putting up
the slush fund. That's easy, too, old
top. Several business men here,
whose time is taken up trying to earn
a living nuder this benifcent new day
and have hard time doing it, are too
busy to circulate petitions so they
gave few students IS a piece to do it
for them. There is no graft in that
is there, Liederbach? And it did not
come out of the victory fund sweat out
of the people like your salary is being
provided for. Then he challenges the
/. v. A. to show the monthly deposits
of any kind that can be gotten back
out of the Bank of North Dakota.
Somebody should hand Liederbach
either an Airedale pup, a young bull
or a goat and retire him from active
service before he gets a serious hem
orrhage of the brain.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

An associated Press dispatch from
London recently stated that informal
suggestions have been made for Amer
lean intervention in the Upper SHES
ian trouble, and the dispatch goes on
to say: :.
"The American governments policy
with respect to the Silesian and SINH
lar disputes concerning the fixation
of boundaries has been one of nonin-
PREVENTION unless the situation was
held to be such as to threaten an out
break Of hostilities. It is understood
now that representations are being
made that such break is an immedi-
ate possibility"
That statement is unqualifiedly
false, grossly impertinent. and an in
sulting contradiction of the declara.
ton Of American policy laid down by
Secretary Hughes May IA. : At that
time Mr.. Hughes replied to the Min
lister of Poland. who had appealed to
him to intervene in the Upper SHE'S
ian boundary dispute. Secretary
Hughes very plainly stated in his re-
ply to the Polish Minister:
The weekly times-record. (Valley City, N.D.) 1912-1922, 1921-08-04

Of what benefit is it to the people
congress passes new tariff act and
axes the tax off soda water and puts
another cent on postage or some 9th
er article? What the people voted for
last November was reduction OF
taxes not added taxes. By careful
pruning down Of government expen-
ditures and the budget system as
started by Mr.. Dawes, it seems to US
that instead of adding taxes to the
peoples already heavy burden Of tax.
alton, there should be lessening Of
taxation. Congress should apply it.
self to reduction as soon as possible.
During the war the people stood for
increased taxation withou murmur:
but now that the war is over they look
for relief. Congress has big job on
its hands, we know, but where there
is will there lis a way, so let it get
gusy and use the pruning knife.