davidaulloa/AmericanStories huggingface dataset:
Pueblo chieftain., 1921-03-18
FOREIGN AND DOMESTIC MARKETS
FINANCIAL ANO
MONEY MARKET

New York, March 1T.-Th stock mar
sure today many leaders r>cording ex-
tremo declines of / to points, while
several speculative issues suffered to II
greater degree. Much lost ground was
recovered later on the improvement.
afforded favorites in the OIL equipment,
motor and food divisions. Features of
the rebound embrased General Asphalt
Mexican Petroleum, General Electric,
Studcbakcr, Chandler and American
sugar.
Atlantic Gulf ISSUES were again the
most disturbing element being estab-
lshcd in connection with rumors that
dealt mainly with the company's at
tempt at financial rehabilitation.
New Hapen was another weak fea-
turc, selling at n new minimum for
the current movement to accompania-
mout of reports which bore on the
question of receivership. In general,
the days movement indicated that the
recent rally rested largely on technical
COnSidera tionS, such as might logically
resume from an overeNtended short po-
sition.
Sales, S25, 900 shares.
Eliminating the money market which
repeated the easier trend of the prev
ious day developments Of the session
offered little incentive for resumption
of the constructive effort. For example,
price advances by independent steel
producers were Offset by another very
substantial increase in the number of
idle freight cars.
Mixed conditions ruled in the
broader and more active bond market.
Liberty issues We're firm hut some
of the domestic rails and foreign war
notations We're disposed to react.
Bonds-Total sales, par value, Sli,-
$50 900
Pueblo chieftain., 1921-03-18
Costa Ricans Repudiate
Oil Concessions to Americans

Washington. March 1.-THE Costa
Rican congress has rcpudinted largo
oil and other concessions granted in
June, 1918, to Amory and Sons thru an
agreement entered in between tho
Costa Rican minister of foreign al
airs and the British minister. accord
ing to advicos received today by the
state department.
The concessions, consisting of seven
thousand square miles of land, whiio
ostonsibS granted to an American
company. We're largely controlled by
British interests, including the son of
tho British premier, Lloyd George. ae-
cordng to information at the state de-
partmCnt
The position Of tho United States has
been that the agreement by granting
water rights along tho Nicaraguan
boundary to British interests would
give the conccssionairc foothold for
the building of an intcr-ocean canal.
Tho Costa 1tican congress acted to
ropudiate the concession on March !.
the vote being 2i to 10.
Pueblo chieftain., 1921-03-18
CHICAGO LIVESTOCK.

Chicago, March 1I.-U. S. Burcau OF
Markets-Cattle-R 5000: slow
opening generally steady on all grades
and classes; calves weak: bulk beef
steers. ;S.50d9.75: bulk fat cows and
hoifers. s5.1JG7.75; Gamers and cut
tiers largely s3O0a4.co; bulk bulls, s5.25
a5.25; veal calves slow, bulk si05oa
1l.5O: stockcrs and feeders about
steady; choice mcaty steers, $3.50; bulk
s7.75ma.00
Hogs-Rcccipts 5000; active; opened
10 to 2bc lower; later practically steady
at yesterdays average; top, slO.50: bulk
200 pound down slO.15nlOi5; bulk 22O
pounds up, sSs5d9.75; pigs mostly
steady: bulk desirable so to 100 pounds
SO c0Tl0.4O.
sheep Receipts 1900; early sales
choice light lambs to shippers, Slo.25:
steady; nothing else done early, talking
lower; choice 96 to lo7 pound woolcd
lambs lato yesterday, s7.16aS.50.
Pueblo chieftain., 1921-03-18
FINANCIAL QUOTATIONS

Now York, March 17.-Primc mer-
camille paper. 7isaTN per cent.
cables. 6g1; Belgian francs, demand.
500; cables. 39O2. francs demand SOS: (:
cables. 69I; Belgian francs, dCfand.
727; cables. 799; Guildcrs demand. 3i25;
cables, &i36; lire, demand, $50: cables.
3S9: marks demand, los; cables, l59.
Greece, demand, T.52: Argentine de-
mand. 1900: Brazilian demand, 400;
Montreal 1875 per cent discount,
Time loans steady; co days, 90 days
and six months 6isd7 per cent.
call money easier: high, per cent;
low. per cent; ruling rate. 2 pcr cent;
closing bid, per cent; offered at Z
per cent: last loan, per cent.
Sterling and francs strengthened in
tho latC dealings Sterling demand.
3aOis; cables. 39lL; frames, demand.
500; cables, 7Oi; Belgian francs, demand
T3i; cables, 73S.
Bar silver, domestic. aokc; foreign,
55isc; Mexican dollars. 42bc.
Pueblo chieftain., 1921-03-18

Doctor. Burn my clothes! that boy
was 5 O IN g Doctor, only medicine
he had was for dancing tgucss I'll get
some for "Hohokcn Ann"J and songs
oh, Doctor. they will shut your eyes
wide open.
Nuh know that william Law? He's
reformed. he's a gentleman burglar
now. saved rich cards skirt from n
sweet young thing" by telling bras
sic" Nio) finished 'em in keen style.
believe me Joe.
An the last uct-Boy II was great
Them Riggoletto Bros. and swanson
Sisters take everything | got. Talk
about music, juggling. dancing and a
one man orchestra. Il. q. says they
wuz We E-S-A-T-I-Ls-E. l call 'em
changoahlc. a poor little monkey tried
to work the traps hut that bird scared
him to death every time he put up
his foot and them Swanson Danes:
Conscience be my guide! Law sed he
played with Theda Bara and her broth
or Paul Barcr CtriCkey. ch?l hut hc
missed a bet. Them Riggoletto birds
know good things when they SEQ 'em.
Guess III have to see tho trickey hat
guy so ! can see yuh next week. ore
member my one dollar PERI
Pueblo chieftain., 1921-03-18
Much Interest Evidenced
In Triangular Debate
Special to Tho Chieftain.

SpeCldl 10 INC cTlellalll.
Canon City, Colo, March 16.-Much
interest is being manifested here in
high school circles over the approach
ing triangular debate between teams
from the Canon City high school, East
Denver High school and Pueblo Cen
tennial, The debate will take place
on Friday night in the three cities on
the question, Resolved, That Immi-
grafton Should be Greatly Restricted
During the Next Five Years..
Denyers negative team will debate
Canon City's affirmative at Canon
City; Canon City's negative will meet
Pueblo's affirmative at Pueblo; whilo
Pueblo's negative will contend with
Denvor's affirmative at Denver.
At Canon City, John Kenneth En-
merson and Waldo Bland will repre-
sent the home team against Fred y.
Videon and Stuart Shaw of East Den
ver. Fletcher lIoman and George
Pease Will represent the Canon city
school at Pueblo.
Pueblo chieftain., 1921-03-18
BY the "Rowery KID.

Say, listcn' / almost missed the best
show Of tho whole bunch. Nuh know
went stlEgeriu down the street last
r NJ and / met one of them manager
guys from the Majestic, you know!
the one with the trickcy hat and he
invited mo to little friendly pool
game. Now ! always had II dcp"d out
That | was quite "A pool "slickcr' my
self but you can throw my watch right
out ON tho street car tracks u he
didn't clean up on me for eight straight
game We'll, when I inyoiccd l had
pat about enough smas change left
out OF my ono dollar y Week allow
anCc Tor war tax for n ticket. But
Pueblo chieftain., 1921-03-18
KANSAS CITY -tvEsrocH

Kansas City. March III. $. Bureau
of Markets-Cattlc-R $500; beef
steers Is to CSC lower; top. $3.50. she
stock steady to 26c lower; bulk. $3.50
also: Gamers and bulls weak calves
mostly soc lower; good choice vcalcrg
SgO0n0.5O; stockcrs and feeders weak
to uncvcnly lower.
Receipts $500; uneven, Eenor-
ally steady with Yesterdays close:
spots strong to l0c higher; best sorted
lights to shippers, t965. bulk OF sales,
SS75da.60: pigs steady TO 6Or lower.
Sheep-Rcccipts 5000; light lambs
and yearliuEs around CSC lower than
yesterdays average: one deck light
lambs early, 1915; choice 81 pound
lambs, 1926, 81 pound clip lambs. SS.25.
Pueblo chieftain., 1921-03-18
DENvER rrvrSTo~H

Denver, March 7.-Cattle--Roceipts
LOO: market cows steady; beef etcors
slow and lower; cows and heifors, S5.25
d6.50; calves, $iO.O0u 1900; stockcrs and
feeders, S7Sodi S.25.
logs--Rcccipts 200; market CSC 10
iOc lower: top, $od5; bulk. SS75dQ.25.
Shecp-Receipts 5000: market little
trading done, prospects lower; on
lambs, Lambs, S750I9.OO; owes, $3.50
eI525.
Pueblo chieftain., 1921-03-18
NEW YORK COTTON

New York, March 17.-Spot cotton
quiet, SLIGO.
Cotton closed steady at net de-
clino of 2 to 10 points.
Cotton futures closed steady; March
s1l.35; May. sii.St; July. SEES: October,
Sl2T5; December. Sl2.oT.
Pueblo chieftain., 1921-03-18
DENVER SUGAR STOCKS & CURB.
Furnished by Y. S walpole, Thatch-
L .ohn
IIun urY uoNpa

Furnished by N. s. Walpolc, rooms
s29-72 Thatcher Block, Pueblo.
Liberty 3iEs t9o.42.
Liberty first A. $3.50,
Liberty second 4s sS7oo
Liberty first IAE $3.50,
Liberty second AVS tG16,
Liberty third as s9n2S.
Liberty fourth AS $3.50.
Liberty nrst iHs 1874.
Liberty firth iHts t9G2S.
Pueblo chieftain., 1921-03-18
COMMUNIST ACQUITTED.

Paris, March 1I.-tBy the ASso-
ciatod Prossl ten Communist
leaders who were placed on trial
February 2s on tho charge of plot
ting to overthrow the government in
connection with the strikes OF May,
1920, were acquitted today.
Pueblo chieftain., 1921-03-18
"The Thunderbolt" At The
Clyne Theater Tonight

Beautiful Catherine Macdonald will
he the star at the Clyno theaTer. this
evening in The Thundcrholt."
As Ruth Pumeroy, daughter of the
only living mcmha" OF that family,
Katherine Macdonald is forced TO
marry Bruce Corbin. sole member OF
the Corbin family. which has hated
the Pomcroy's as a result of a fcud
dating a generation back.
Young Corhn marrics tho girl in
order to blot out the name and blood
Of the PomCroy family. He Is in a
position to prove Allan Pomeroy a dis
reputable forgor. and he uses this in
formation As u club 10 force Ruth to
marry him.
Refusing to allow Corbin to win,
Ruth determines that she will keep
the blood of the Pomeroy's in exist
encc. How she outwits her husband
and turns a hate marriage into one of
happiness forms the basis Of a very
novel picture.
There will also be Jimmcy Aubrey
in the comedy His Jonah Day" and
a Pathe News. At the Clyne tonight
Pueblo chieftain., 1921-03-18
CuucAGn pnnnurr,

Chicago, March 1f,-Butter lower;
creamery extras, i5di3izc, standard
iOr.
3EEs-Lowcr; receipts 1886 cases:
nrsts, 2Tw2SC; ordinary nrgts g5WE6iaD:
at mark, cases included, g6H2tc
Oultrs-AliyC, unchanged
Pueblo chieftain., 1921-03-18
,,FTaL u,,,xr'rp

New York March 1I.-Copper dull;
clcCtrolytic spot and March l2Ti2i4C;
second quarter, 12hHi3c.
Iron nomnally. unchanged.
Tin steady; spot and nearby f2S0o;
futures, $3.50.
Antimouy, spot, $3.50.
Load dun; spot. 500.
Zinc, dull; East St Louis spot, fi75d
lST
Pueblo chieftain., 1921-03-18
KANSAS CITY pRoDUCE

Kansas City, March lf.-kggs &c
lower: firsts. &c; seconds. 1sc.
Butter. creamery &c lower i6c; pack
ing unchanged.
Poultry higher; hons. 29c: broilers,
SOC; springs, i0c. roostcrs. Is to 22c.
Pueblo chieftain., 1921-03-18
CHICAGO STUDS

Chicago, March lT.-Pota tocs-Rc-
ccipts 20 cars; market dull; Idaho rus
sets sacked, .e.35n2.i5 cwt.; northern
white sacked and bulk si.20m1.3O cwt;
north Dakota Early Ohios. sacked,
slee
Pueblo chieftain., 1921-03-18
LOCAL OIL MARKET

March 17,-F'urnished by Downs &
Company, brokers, lis w Second ST,
Pueblo, Colo.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-04-13
railway BONDS IN =.
AGENERAL SLUMP

NEW YORK, April 23.-The main
feature m the bond market today was
the general sagging tendency dis
played among railway bonds. Union
Pacific 6s fell point to 98h. and at
this figure established a new low for
the year. st. Paul debenture As like
wise broke nearly a point to a new
bottom. and new low records were
made by the other St. Paul issues.
the refunding AVS getting down to
So and the convertible AS to &C..
Pennsylvania Is at 1OOk and the gen.
eral 5s at "a were both off fraction
ally. So were the Atchison general
IS at 76k. the Northern Pacific prior
lien As at 1874 and the New York
Central 3 ks at 67h.
Ne New York Central debenture IS
the rails accompanied the general
heavlness in railway stocks and
showed that the uncertainty regard
ing the railway outlook had not been
dispelled by anything the President
had to say in yesterdays message.
French Bonds Wanted.
The quiet taking up of the French
municipals kept on. carrying the
Lyons IS and the Marseilles IS each
their advance of the past week.
Chinese railway SIS gained a half point
to As. Other foreign issues were very
little changed. Norway IS were
strong around their top figure of
100A. The market for liberty bonds
was substantially unchanged on the
day
Hudson & Manhattan adjustment.
allowing for the recent dividend of
per cent. reached new high point
!, when they sold at 36k.
New York traction bonds moved I'M
certainly, the Interborough Metro
while the Third Avenue adjustment 5s
were unchanged at 80. and the Inter-
borough IS at SIS.
The market on the Packard Motor
IS continued firm at 100 bid, offered
at 1908.
Public Service of New Jersey S. rose
a half point to "a, and the growing favor
IN which the public utilities issues are
held, was further attested BY a jumn
OF point in Consolidated Gas Is to 1O1
New York Dock As equaled their high
OF the year when they sold up to ST.
but later in the day lost this gain.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-04-13
U. S. STEEL COMPANY
CUTS SELLING PRICES

NEW YORK. April 13-Substantial
reductions in the base-seiling prices
OF the products of the United States
Steel Corporation and it's subsidiaries
are announced by Ebert H. Gary.
head of the corporation, after consul
tation with the president OF the va
rious companies. The new prices are
effective today, f. o. b. Pittsburgh.
The list of reductions follows: AKA
and heavier billets, from $3S so to $37
gross ton; slabs, $42 to $3s a gross
ton; sheet bars and small billets, SAT
to $39 a gross ton; bars, s235 to $40
per 100 pounds: plates. $2.65 to $3.50
per 100 pounds; structural, $245 to
$3.50 per 100 pounds: wire rods, $57
to $48 a gross ton; plain wire, base,
1885 to 50 per 100 pounds; tin plate,
81 to 1925 per base box.
Wire nails in kegs were unchanged
at 1925 base.
Mr.. Gary would make no comment
on the reductions nor reply to ques-
tions asking whether cuts in wages
paid employees Of the corporation
were contemplated. The price list
from which the changes were made
went into effect on March 81, 1919.
To give an idea of the size of the
reductions it was explained that the
cuts on tin plates pare it's quotations
from $140 a ton to s125 ton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-04-13
HUMANE SOCIETY HOSTS.
Children to See Program a
Knickerbocker Theater.

A free entertainment for children
will be given at the Knickerbocker
Theater tomorrow afternoon at $3.50
o'clock by the Humane Education So
ciety.
The entertainment is a part Of the
observance of "be kind to animals
week." Harry Bradford will offer q
chalk talk. Music and motion pic
lures will supplement the program.
All children are invited to the en-
tertainment The society is now in
stalled in its offices at 727 18th street.
Officers of the organisation are:
James p. Briggs. president; Mrs. Wal
lace Men. vice president: Miss Cabell
Moore. eecretary:' Miss Lillian Ben
stead, chairman Of the membership
committee,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-04-13
FRENCH DEFICITS LARGE.

PARIS. April 12-Tax receipts for
March totaled 972.407.000 francs.
which was 284,351 200 francs, or %
per cent. under the budget estimate,
but 13 per cent above receipts in
March, 1920.
The largest deficit was in the bust
ness turnover. which yielded 147.62S.-
900 francs. instead of the estimated
415,666,500 francs. The taxes on the
government monopolies, tobacco.
matches, powder and gasoline, con-
tinued to exceed the estimates, but
the customs. post Office and sugar re-
ceipts continued under the estimates.
The deficits in tax collections are
attributed to the continuing slack
ness in business. In March the col
lections of the tax on incomes
amounted to 172,000,0o0 francs and on
war profits to 286,000, 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-04-13
Grain. Produce and Live Stock
LOCAL WHOLESALE MARKET.


Eggs-strictly fresh. per doz., IS:
southern. 81.
Live poultry-Roosters. per H.. 81:
turkeys. per ID. 45a5o: chickens.
spring. per lb.. soas0; hens. per lb.. 80:
keats. young. each. 6oa75: chickens.
winter. per h.. 50a60.
Dressed poultry Fresh killed
spring chickens. per h.. goa 90: mems
per ID. "a: ROSTERS. per h.. IS: turkeys.
per 10: 50a5S: chickens. winter. per
Pork-Dressed. small. per ID. 15a1s:
medium, 13a14: heavy. 1oal3: live hogs.
10La11
Livestock-calves. choice. per h..
IL: lambs. choice, per h., 1Sac0.
Green fruits - Apples. per Dbl. 5.ooa
500: per basket. 75a2.00: western. per
box. 3.50a4.50. California lemons. per
bog. a.soa45o: California oranges per per
crate: 4.50a5.5O. Grapefruit. per crate
Observation-Disclosures nearby. No. l.
per Dbl, 1.50a1.75: northern. per sack
25a25 so: new Florida potatoes. per obi.'
I00aS: 90: sweet potatoes. per Dbl, NO.
l.: 5.00a6.00: No. 2, 2.00a3.0o: yams. per
hbl. 3.5oa4-5o; Lettuce: North Carolina.
1.ooa15o; Florida celery. s.75a4. 90. Ro-
maine lettuce. 1.25a2.50. Cymbiings. per
crate, Florida. 4.ooai.00. Spinach, per
bbL, 1.50a2. %. Kale, 75al.00 per Dbl.
Peppers. per basket, 5.00a6 90. Toma-
toes. per box, 4.00a6.00. Onions. per
sack. 1.50a2.50. Texas onions, 2.75a3. oC.
ha,.,s . sprouts an per Ct, l5a25 Gran
per crate. 200a200. Eggplant. per crate.
350a5. 90. South Carolina asparagus, per
doz.. 2.5Oa6.00: nearby. per doz., 1.50a
2.5e.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-04-13
Grain and Pr0visi0ns.

BALTIMORE. April IS (SpeciaD:--
Potatoes-White. per cwt., 1.O0al.2o;
McCormicks. 75a1.10: cobblers. LOCAL %
No, ?: 4oa5o: Florida, new. per barrel 6eL
$50; yams 3.00a4.50; No. and culls.
2.50a3.o0. Beans. green. pearl and
wax. per crate. 2.50a4.0O. Beets. per
bunch. SAT. Asparagus. per dozen,
Cabbage. per hamper. 1.25a1.5o; Cauli-
flower, per crate. 2,00a2.50. Cucum-
bcrs, per box, 350a4.5o. Celery. per
crate. 2.50a3.25. Eggplant, per crate
3.00a5.00. kale. per bushel. 25a4O'
Lettuce. per basket. 1.50a4.00. Onions,
3.00a5.00. Radishes. per basket. aoa
1.50. Spring onions. per 100 bunches'
75aS5. Spinach, per bushel. scars.
Peas. per basket. 2.50a3.50. Tomatoes,
per crate. 1.5Oa6.00. Apples. per bar
rel, 2.50a6.0O; per box, 1.50a3.5o; loose
3.00a4.75. Grapefruit, per box. 2.hOa
400. Strawberries, per quart, 2Saoo.
Selling Prices at Noon.
Wheat-No red winter, spot. 146;
No. red winter, garlicky, spot, $50;
April. 100; May. 1.3o.
Sales-Bag lot of nearby. by sam
pie. at 100 bu.: $40 bu; OF No:
red winter. garlicky. at 100 per bu.
There was a reduction of 25 to so
on grades of flour here today:
Corn-Cob. new. yellow. 3.5oa3'e5
per Dbl. in cargoes: contract corn
spot, 65k: April n: track corn. yell
low, No. or better, 6s Y; no SAFES:
Oats-No. 2 white at 48 per bu.; NO.
RyeEBag lots of nearby rye, as to
quality, 1.4Oa150 per bushel; No. z
western export. spot LACE per
Hay-No. timothy: nominal;
timothy. 22.OOa22.50; No. 3 timothy,
14.5oa1s.oo; No. 1 light clover mixed
2O0Oa2050; No. 2 light clover mixed.
16.0Oal900; No. l clover mixed. lew
a19.0O: No. 2 clover mixed. 14O0a
1900; No. 3, 11.00a12.O0; No. ! clover.
IS. ooa1s. 90: No. 2 clover: 12.oOalS,o ~
a14.0O.
straw-No. /. nominal, N. No: =, = :
rye, 1900; No. 2 tangled rye le.Oo
No. 1 wheat, 13.00a13.50; No: "neat,
1sooa125o; No; TO- {, cat aca n9%'na' l''00
NEW YORK. April 13.-Fiour' weak:
clears 6.0oa7.OO; winter straights.
6.5Oaeso; Kansas straights. 1,25aa.1 o
Lard easy: middle west, 1o.5oalo.4o'
Other articles unchanged
30
northern white, sacked and bulk, 80
al 90 per cwt &aew Florida. rose. NO.
zoo pe
CHICAGO. April Irwin crop;
economic and financial conditions all
continuing bearish, the wheat market
today developed fresh weakness. Sell
ing was led by house with south
western connections, and 1t was IN
ferred that considerable Of the selling
must be against purchases to arrive.
Opening prices. which varied from
unchanged figures to l lower, includ-
ing May at 1854 to 1.26A and July
1885, to 1.10A, were followed by ad /
ditional setbacks. although transient
rallies interviewed.
In corn there was much buying OF
Nav. and selling of July. but all
months tended downward with wheat
After opening gay off to a shade ad-
vance. with July 60H to 60A. the
market worked irregularly lower:
oats were relatively steady. start
ing unchanged to u down. July Btu
to BIN, and holding close to the
initial range.
Higher quotations ON hogs helped to
sIStain provisions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-04-13
DR.. SIMON AT DUNBAR.
Participates in "Community Night
Exercises.

The sentimental value OF educa-
ton to Americans was empha sized by
Or. Abram Simon, president of the
board of education, at the "commun-
lily night" exercises. part of the
celebration of the fifueth anniversary
of the founding of Dunbar High
School last night in the auditorium
of the school.
Other speakers were Representative
Tess Of Ohio. Prof. Kelly Miller. Fer
dinand Q. Morton. Miss Eva B. DYKES
DR.. Marie b. Lucas, Lieut.. Col. Benja.
min o. Davis. Campbell c. johnson.
Roscoe c. Bruce, assistant superin
tendent in charge of colored schools.
and Or. J: Hayden Johnson and Mrs.
Coralie F. Cook. members Of the
school board.
The anniversary exercises will be
continued until tomorrow night, when
they will close with an alumni recep-
ton and reunion. The program to-
day includes a recital by the String
Quartet of New York and an address
by Miss Estelle Pinckney of Howard
University.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-04-13
WOULD NOT ELIMINATE
SHORT SELLING IN TRADE
Chicago Boards Directors Renort
on Inquiry Into Alleged
Abuses.

CHICAGO. April 1.-THE board Of
directors of the Chicago Board of
Trade submitted to President Griffin
its report on an investigation he had
requested concerning alleged trade
abuses on the board. The report op-
posed elimination OF short selling.
making specific definitions as to the
meaning of the term and declaring
that the present rules on manipula-
tion OF the market, if enforced. would
eliminate any evils now ascribed to
short selling. 1t opposed Limitation
OF trade periods in futures, favored
a competent and aggressive" CEN
sorship OF market news. opposed pri-
Vate market wires into towns of less
than $1,000 population, except under
management of member of the Chi
cago Board of Trade, and recon-
snended revision of trade customs
concerning deferred acceptance of
trade contracts and of extension of
credit to clients whose transactions
were for other than hedging pur-
poses.
The belief that grain markets can
be manipulated downward, that short
selling can successfully and per
manently reduce prices is erroneous -
tho report said. land is based on lack
OF knowledge Of the markets and OF
economic laws
To eliminate short selling would
destroy the usefulness of the future
market for hedging purposes. Should
attempts be made to manipulate the
market. our rules against manipula-
tion would be rigidly enforced and
offenders disciplined Realizing the
great economic services which Is
thus performed by organized specu-
lation, we cannot consider recon-
mendations for restrictions which
would hamper hedging facilities and
destroy the economic usefulness of
the market"
Short trading periods in futures
would initiate against the grain
dealer or distributor who was car
rying surplus stocks at the nom. n I
unsaleable and would be undesira Sle
from the standpoint OF the farmer
who wished to hedge his grain, the
report continued. 1t said market
news censorship was essential to pre-
vent false rumors which would effect
the market. and said the rules should
be amended so as to preclude de-
ferred acceptance of contracts and to
prohibit extension of credit for pure
ly speculative purposes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1921-04-13
LONDON STOCKS STEADY.
Triple Alliance Strike Notice Re-
ceived With Calmness.

, LONDON April l3.-The triple al
lance strike announcement was re-
ceived with calmness on the stock
exchange today. having virtually no
effect upon any section of the market.
which was generally steady.
In the money market regrets were
expressed at the continued unsettle-
ment of the labor situation. Financial
conditions. it was commented there.
pointed to an early reduction in the
bank rate. but this now was expected
to be postponed for some weeks.