davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-02-06
The Ballot Box Best Safeguarded
of American Liberty

In that voting power, IL Ii is used wisely.
lies every mans protection. It protects him
against the existence of an undesirable Gov
ernment II protects him from domestic
violence and the evil intents of foreign coun-
tries. 1t is the expression of his free opinion
on all governmental problems. To employ
that voting power at every opportunity and
with infinite care and prudence is, in my es-
t.mation the greatest obligation incumbent
upon the American citizen.
The unstable industrial conditions and So
cial unrest of our day are largely due to mis-
understandings and ignorance of the truth.
AS a matter of fact most disputes and unset
tied circumstances come from the same
source Dame Rumor fits about spreading
false or perverted reports of what is hap
pening Men hear or read her reports. Pref
udices against certain classes of people are
thereby formed and become rooted and in
grained in minds
An example of this misunderstanding and
ignorance is found in the situation that ex-
lists between capital and labor. In reality
the interests of capital and labor do not
clash. The employer and the employee are
not members of classes resolutely opposed
to each other. On the contrary the interests
of these two big factors In the present day
labor problems are one and the same. They
are partners in great enterprise. The sue
cess of one means the success of the other;
the failure of the first presages dire conse-
auences for the second. Yet the industr al
warfare goes on and on. the laborer seeking.
figuratively to cut the throat of the capi-
taIist and the latter having, again figura-
lively. the same designs upon the laborers
jugular organ.
What should be done? Must the public
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02
FOR sALE-Typewriter $40, adding
NOTICE

The trustees of the Jell6way GENE.
terry CHoward township have had
considerable work done and are with
out funds to meet their obligations.
Persons interested In the mainten-
ance of this cemetery are urged to
contribute. ID. C.. Allen, J. II. Drake,
NJ. M. Ryan, j. NJ. Berry and +. l..
Buchanan will receive checks. Any
surplus money will go into fund for
the future care of cemetery. Don't
wait to be called on by committee
vi
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02
FOR RENT

FOR RENT-4 of the new houses
in north and east ends. Modern with
bath, electric lights and furnace. Fred
w. Kahrl. >x2
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02

machine $25, check writer $15. Cash
register and scales cheap. j. Steel,
Madisonville, Ohio. x2
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02
LOCAL NEWS

Taxi service. Phone 3l5. ]. Cole. tt
Mr.. Charles M. Copper was CO.
lumbus visitor today.
Miss Dollie Hays is the guest OF
Miss Martha Titlow of Butler for a
week.
School books, new and secondhand.
The Book and Art Shop. x3
Mr.. Earl Sinclair of Morgantown
week.
Miss Dorothea Latta Is spending a
week in Akron with relatives and
friends.
Dance at ZoIman's hall, Frederick.
town, Friday, Sept. 2. Music by Gu
pid's Novelty syncopaters. All for.
rner Acia club invitations will be hon.
ored. There will be no skating al
zoIman's hall on Friday night, but
round dancing instead. Skating Sat
urday night. TuTh x1
Mr.. and MrsA. =. Tarr and daugh
ter, Miss Priscilla, and Mr.. and Mrs
II. j. Sanderson and daugher, Miss
Anna, motored to Columbus today.
Mr.. and Mrs. Fred A. Clough and
Miss Alberta Berger motored to Co
umbus today and attended the State
fair.
Silver Medal contest at the Bate
mantown church. Saturday evening
September 3. NJ Th XII
Mr. and Mrs G. A. Miller and fam
lily motored to Columbus today.
Passengers for state fair phone
1174 green. Call after 7 p. IN. x.
Messrs. Lawrence Baldwin ant
James Sigler are in Columbus attend
ing the state fair.
We have been able to secure lin
tied number OF good second hans
school books which we have markes
at substantial savings. As the guam
tity is limited, these should be select
cd this week, at Woolson's. X
Mr.. and Mrs. Edward Tying and chill
dren, Arthur and Helen, have return
ed to their home In Buffalo, N. Y. af
ter visit here and In Gambler will
relatives.
Auto to state fair, comfortable car
Phone 94t. X
Mr.. and Mrs. Ben Beeman left toda,
for Roseylle where they will vsi
Mayor and Mrs. Philip Fletcher and at
tend the Fletcher reunion to be- hel'
at MoXahala park on Labor Day.
SCHOOL BOOKS for high school
city and country schools In both nev
and second hand now ready. Grad
school lists may be had for the ask
Ina at WooIson's. x
Mrs, Harry A. Phillips of McCor
neilsyille will arrive In Mt Vernol
today for short visit with Mrs.
J. Dorgan. North Main street.
Regular $3.50 heavy blue overall
$1.50. Special Spade shirts S9c. Do,
BILE pocket khaki shirts SOC. soc tabl
oilcloth now 35c yard, Boys waist
for school Ace each. Boys suits s
up. Mems suits $40 to $50, The Bo
ton Store. x
Mr. Charles }Bodurtha OF Delawar
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02
FOR SALE

One of Mt. VernOn's good homes,
close in, 10 room brick, bath, two toll
let's, large cellar, summer kitchen,
barn.
A good residence property on East
Burgess street. Seven rooms, bath,
electricity, pantry and built.in cup
boards, cistern in house, cement Gel.
lar, garage and poultry house. A real
bargain. Possession at once.
Another good east end home. Sew
en- rooms, slate roof, bath, screened
in porch, cistern, full lot. Just off
Coshocton avenue.
A pretty little west end property
in desirable residence location, six
rooms, bath, full corner lot, fruit and
chicken house. An ideal home and
priced to sell.
A number of good homes, both east
and west, at prices ranging from $500
up. For October delivery.
WYKER REALTY co.
Phone TAI. x1
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02

FOR SAlE-One paper bale, two
glass showcases, one Columbia Grafo-
nola. +. w. WoolwOrth Co. 5 and 1Oc
Store. x3
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02

Prince Takehiko Yamashlno has just
graduated from the japanese naval
aviation school at Oppana, near Tokyo.
with the rank Of second lieutenant.
Although but twenty-three years old,
the prince is the head Of the imperial
family Of Yamashino. one Of the five
Go-Seki, or families that have the right
to supply an heir to the imperial
throne in the event Of no issue in the
direct line.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02

Enormous Consumption Of Matches.
The civilized nations Of the world.
II has been computed, strike about
8.20O,0O0 matches every minute Of the
twenty-four hours.
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02

FOR sALE--You need and want
our lovely home and contents Every.
thing goes. Snap into 1t and buy to-
day. o. Sproule Baker, 500 Gambler
avenue, east. Phone 1898. 9.1-tf
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02

FOR SALE - HANDSOME phono-
graph, used only few times as q
demonstrator. Sells at 5000. Sacri-
fic for $3.50 cash, If sold at once. Tel
ephone 698 green. x1
The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-09-02
BIRTHS

A daughter was born Wednesday
night to Mr.. and Mrs, Albert Morrow.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
LIBERTY BONDS
ToDAY's PRICES.


Apples-Fancy. all grades, per bbL,
S4.50@6.JO.
Asparagus-Fancy home grown, per
doz.. soc; large punches. per bch.. soc.
Bananas-Extra fancy high grade fruit.
SOC to 60c per bunch, per ID, SIZE.
BesCs-Michigan navy, in bags. per 10,
4hM5c; Colorado Pintoa, In bags, per h.,
7Q715c: California limas, in bags, per
ID. -! alsc; red kidneys, In bags, per 10.
12G13c; California pink chill, In bags,
per h., 1885,
Beans-Fancy green, per hamper. $3.50.
Beets-Faney new, per doz. bchs., 75c.
Cabbage-Fancy new, per s0-lb. crate
IS so; less than crate, per ID, &c.
Carrots-Fancy home grown. per hpr..
$3.50
Grapefruit-Extra fancy Floridas, all
brands, per box, $5.50G650.
Green onions-Home grown, per dox,
PIE; large punches. S5c.
kale-Faney. homegrown, per bbl.,
Lemons-Extra fancy CALIFORNIA;. sOOs
to 36Os, per box. $1,000.
Lettuce-Fancy dollhouse leaf per h.,
12c; fancy dollhouse leaf, In barrel lots.
per h., 10c; fancy California iceburgs-
per crate. $3.50
100-lb. sack. $3.50; or 10-bag lots, per
sack. s3.25.
onions-Fancy Indiana yellow. red or
white, per 100 lbs, 81; fancy Texas vel
low, per crate, 81; fancy Texas white.
per crate $225.
Oranges-California all grades, per
box. 81 $4,000
Peas-Fancy Mississippi. per hamper.
81
Pieplant-outdoor, per doz.. 35c.
neapples-Fancy Cuban, per box,
"a. 5041.00-
Radishes-Long red, per doz, zoe; but
ton. home grown, per doZ.. Zoe.
Sp@ach-Fancy, per bbl.. $3.50.
Strawberries - Fancy Tennessee, per
"a at crates. S5M6
Sweet POtatoes-Fancy Eastern Jersey
per hamper, $3.50.
TomatOes-Fancy ripe. 6-basket crate,
per crate. $3.50.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
In the Cotton Market

NEW YORK, June 3-There was only
q small trade at the opening of the cot
ION market today.
First prices were point lower to 8
points higher.
Subsequently, dealings were a little
more active, accompanied by decline
of points under last nights close, due
to offerings by commission and wire
concerns.
New Orleans and japanese interests
bought.
New York opening cotton: July.
12S0c; October, 1874; December. Is Soc /;
January, 1880; March. 14.19e; May,
14.40@14.45c.
The market closed steady Mt a net
gain of 10 to IA points today
LIVERPOOL, June 3.-There was a
limited demand for spot cotton at the
beginning of business here today Prices
were steady and sales close to 5000
bales.
American middlings fair, 10.47d; good
mfddlings, s.57d; full middlings, S,l2a; ;
middlings, 7,47d; low middlings, SAD !;
good ordinary, 522d; ordinary, AID.
Futures opened quiet.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03


time, or about thirty three feet, on the
earth's surface. This makes the inven-
ton extremely valuable to geographers
and astronomers and surveyors.
A machine designed to perform much
the same functions has been turned out
in France. hut it's complexity and nom
portability, together with its high cost
and irregular action, prevented 1t from
being more than a laboratory experiment.
German scientists tried to work out the
problem during the last eight years but
it remained unsolved in any satisfactory
way until our own Government scientists
got on the job
The new instrument will possibly play
an important part in the lives Of many
people living in isolated sections of the
country. For example, a trading post
in Alaska, apart from civilization, lack
ing all news of "doings back home" may
be able to buy one of the machines, when
they get the manufacturing perfected, for
about $500. The instrument could be sci
up and turned by layman, in ac-
cordance with marks indicating sending
stations which could be placed on the
head of the condenser. By setting the
machine for these certain wave lengths,
everything which that station sent out
would be recorded, and the paper drum
would mark off all the news Of the day,
as it was flashed from Washington,
Paris, London or Moscow. The record
could then be deciphered at leisure.
Prices Of farm products in cities could
be collected each afternoon and sent out
by radio under the supervision of the
Department Of Agriculture.
Newspaper offices will be able to
catch radiograms direct from distant
lands, transcribe the accurate record and
give you even more rapid service than
under present conditions.
Warships, equipped with the recorder,
would avoid errors in the receiving Of
messages which are now possible
Should an admiral of the fleet wish to
send radiograms to the various ships,
the commanders will have a record Of
what was sent which can be fled away
and brought up in connection with the
orders should any slip occur. The re-
spOnsibility now placed on the hearing
of one or more men. on the receiving end,
would be eliminated
Merchant ships, by having the recorder
placed beside the ships chrometer, would
have an automatic check on their time
piece every day when signals are sent
out from obseryatories.
The invention will mean much to ships
lost or in distress. Even If the wire
less man on board got seasick or died,
the ship would be able to receive infor-
nation, by having certain marks on the
condenser head showing where to turn
to listen for powerful sending stations.
Even a layman could turn a knob until
the arrow pointed to Annapolis, Paris
or London, and the record would be
taken down in black and white, to be
read or deciphered at any chosen time.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
other Livestock

CHICAGO, June 3-Hogs-Receipts,
$4,000; market steady to 10c lower; bulk,
S76J6S: butchers, ST.90nS10; packers.
S710@7 65; lights, 81 -S5ds; pigs. STo0g
$40; roughs, S6.S567 10. Cattle-Re
ceipts. 5000: market 25c up; beeves, ST. rs
G94O: butchers. s5dS.75: Gamers and
cutters. 81 25G4.50; stockers and feeders,
S475dS cows. SO soar 90; calves. S7.754
10 Sheep-Receipts, 5000; market 35c
higher; lambs, S9.50412.50; ewes, SSzo9
475.
CLEVELAND. Ohio. June 3-Hogs-
Receipts. $500; market Zoe up Workers,
$500; mixed, $500; mediums, IS co; pigs,
$3.50: roughs, S6.25; stays, 1925. Cat
tle-Receipts, 25O: market steady. Sheep
and Lambs-Receipts, 500; market,
strong; top, Sl4 Caly,eas-Reeeipts' 200 :
market. SOC up; top, $12.
CINCINNATI, June 3.--Hogs- Receipts,
G. 500: market steady; heayies. $S.25QS50;
other grades good hogs, $50; roughs.
1878; stays, S4.5O Cattle-Re 800 +;
market slow and weak. some grades 25c
lower; bulls weak calves. $40. Sheep
and lambs-Receipts, 5000; market
steady.
PITTSBURGH. June 3.-Cattle-Re-
ceipts light: market steady; choice, $3.50
az; good. IS .5O@9: fair. Ssds.5O; veal
calves, 5000, Sheep and lambs-Re-
ceipts light; market slow; prime weth-
ers S5d5.50; good. S45O@5; mixed, fair
S3.5OG425; spring lambs, S9.5Od1050
Hogs Receipts, 10 double decks; market
higher: prime heavies. $s25; mediums
IS S569; heavy workers., $500; light
workers.. SS.S5d9; pigs $SS5M9; rOughs,
S6Ge.50; stays. $450d5.
EAST ST. LOUIS, June 3.-Cattle-Re-
ceipts, LOO market steady; native beet
steers, SSdS.50; yearling beef steers and
heifers S7.75d960; cows, S525Q6; stock
ers and feeders, $4@6; calves, S9@9.50;
Gamers and cutters, s2G3.75. Hogs
Receipts. 10000; market steady on pigs
and lights, 5@10c off on others; mixed
and butchers, S775@S15: good heavies.
So. 75M7S5: rough heavies. S5.50Q8.75 !;
lights, So 106S25; pigs, SS@S.25; bulk Of
sales, $775Ms. Sheep-Receipts, 300;
market steady; ewes, $45065; lambs, So
40: Gamers and cutters, 75c@$2.
EAST BUFFALO, June 3.-Cattle-Re-
ceipts. $50; market, fairly active; shipping
steers, SIS. 256S.75; butcher grades, S7.75Q
s25; cows, S26625. Calves-Receipts.
1000; market, active, steady; culls, choice,
"a. S06115O Sheep and lambs-Receipts.
1900; market, active, steady choice
lambs, S146145O; culls, fair Sc 50@13
yearlings. $5@1150; sheep, $1.756525.
Hogs-Receipts, 1900; market, active
Workers, sS75@925; pigs, $s606875;
mixed $8ds40; heayies. s606.50; roughs,
Sam
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
CHICAGO PRODuCE.

CHICAGO, June 3-Butter-Receipts
1923 tubs; creamery extra, 23@2Sc
frsts. 17M22c; packing stock, 14@15c
Eggs-Receipts IL ,967 cases; current re-
ceipts, 20021c; ordinary flrsts, 1S@19c ;
frsts. 21K@21Ac; extras, 24c; checks,
TIC; dirties. 1Sc. Cheese-Twins new,
14614Ac; dairies, 14@14Ac; Young Amer
icas, 1415@14%c; lOnghorns, 1412M14%c;
brick, 1461415c. Live pOultry-Turkeys,
soc: chickens, 26e; roosters, lac; geese,
15@26c; ducks, 25@90c. Potatoes-Re-
ceipts. 90 cars; old northern white, 75@
SIC perbu; new Texas, S4.25 per Dbl;
Snnth Carolina s. per Dbl.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
INpIANAPOLIs PRODUCE.

Eggs-Fresh, loss off. 1sc. Poultry
Fowls. 10000; springers, Ia to lbs,
3Od35e; cocks, Zoe; old tom turkeys 25c !;
young hen turkeys, Doc: Gull, thin turkeys
not wanted young tom turkeys, 30c
ducks, under lbs. 15c; geese, 10 lbs and
up, lie: squads. IA Ibs to dozen. 81 30 /;
guineas. 9'b size. per dOz. s.
Butter-Buyers are paying 30631c per
ID for creamery butter delivery in In
dianapOlis.
ID for butterfat, delivered In Indianapo-
lie
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
Society Girl to Tour
Europe by Plane

Los ANGELES, June 3.-Miss Cor
nelia B. Mclaughlin, a New York soci-
ETY. girl, believes such methods of tour
ing Europe as trains and steamships are
a bit old-fashioned. Also, that they do
not furnish the thrills that one expects
from a per-civilization.
So Miss Mclaughlin came to Southern
California recently, learned how to dy aa
airplane, secured a pilots license from
the Aero Club of America and plans to
make an air tour Of France and Italy this
summer.
Emery H. Rogers, the aviator who gave
Miss Mclaughlin lessons, says she
proved one of the ablest out of several
hundred pupils who have come under his
observation. She was the first aviatrix
trained In Southern California to be
granted recognition by the Aero Club Of
America.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
Passes Cane Sugar
Preferred Dividend

NEW YORK, June s.-In view of the
unsettled condition of the sugar market,
the directors of the Cuba Case Sugar
Company today decided to pass the
regular quarterly dividend Of 1% per
cent on the preferred stock due at this
time
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
STOCK MARKET
CLOSE IRREGULAR
Sugar Issues Maintain Losses
-Pierce-ArrOw Declines.

NEW YORK, June 3.-The stock mar
ket closed irregular today. The market
was generally nervous and unsettled in
the last hour of trading, further losses
being sustained in many of the sugar
stocks, American Beet Sugar falling over
. points to 311k and Cuba Cane Sugar
sold down to 145s
American Sugar Refining declined to
~. but had a rally from its low level
IL the last few minutes of business.
Pierce Arrow preferred sold down to
46k a loss in all of 81 points
United States Steel, after ranging from
70 to so, again yielded to 1885.
Total sales Of stocks today were 6S2, 900
shares; bonds, s11,s61, 900.
By Thomson & McKinnon)
June s.
After a steady, but rather featureless
opening bear pressure and liquidating
sales gave today's stock market a de
{ eidedly weak tone.
"A late squirt in steel started some short
covering, but on the announcement Of
,nt to per cent in Harvester dividend.
Yelling again became insistent, but con-
~sidering the circumstances, was fairly
wen taken.
The principal interest was centered in
the sugar stocks which were subject TO
severe liquidation. The passing Of the
Cnba Cane preferred dividend. while not
Unexpected, served TO encourage this ae
zion. The weak position OF sugar has
been recognized for some time and to-
days market action will have a tendency
TO clarity the situation.
On the whole 1t must be admitted that
the market acted well in view of the con-
ditions surrounding IL.
A significant feature is the action Of
rails. These are apparently being alb
sorbed quietly and this buying is made
easier By unsettled conditions in the rest
OF the list. 1t is based on sound under
lying conditions and forecasts a return
Of prosperity for the carriers, in which
the industrial situation as a whole will
share.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
INDIANAPoLIs CASH GRAIN.


June s.
Bids for car lots Of grain and hay at
the call of the indianapolis Board OF
Trade were
wheat-Firm; No. red, S1.65a1. SO.
Corn-Easier No. white. 65@66c No
3 white, 64@65c; No. white, 6S664c ::
No. 2 yellow, 64Q65c; No. 4 yellow, ESQ
&c; No. yellow, e2@6Sc; No. mixed,
Oats-Easier; No 2 white, 401h m411hc;
No white. 40G411ac.
Hay-Steady No timothy, $1S50015 :;
No. 2 timothy, $1s61S50; No. 1 light clio
yer mixed, $175001S; No. 1 clover hay,
$16G17.
Inspections
No. red, car; No. red, cars
sample, 1 car total cars
Corn-No l white, 2 cars; No. 9 white,
20 cars; No. white. 4 cars; No. 4 white,
1 car: No. 5 white, l car cample white,
l car No. 1 yellow, cars; No vel
low, 10 cars; No. yellow. cars; No
q yellow, 3 cars; sample yellow, car :
No. l mixed, car; No 2 mixed. 4 cars !;
total. Is cars.
Oats--No. / white. cars No. white,
"A cars No. white, cars No. mixed,
/ car: total. 80 cars.
Rye-No. l, l car.
Hay-No 1 timothy, . cars No 1 light
clover mixed, car No. clover mixed,
2 cars; total, cars.
Straw--No. 1 wheat. 1 car.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
CLEvELAND PRoDUcE

CLEVELAND, Ohio, June 3.-Butter
36lsc: extra firsts, 3id34bc; firsts, 33m
333ac; seconds, 2515 acc: fancy dairy
15nM2315e; packing stock, 12Q15c.
Ecgs-Fresh gathered, northern extra
2712c; extra frsts, 261ac; Chic frsts, new
cases. 24c; old cases, 24l@c; western
firsts. new cases, 23c. Poultry-Live
f. 23G24c; ROSTERS, 15e:
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
ToLEno CASE GRATN.

TOLEDO, June 3.-Wheat--Cash, 81 90 ;
July, s1.421s. Corn-Cash, 65066c Oats
Cash, 52@43c. Rye--Cash, sl.54 Barley,
72c. Cloverseed-Cash, EI375; October.
sl0.65 bid; December. S1055 bid Alsike
August. Sf1.50; October, S11OO TIM
otheg-191s cash. $500; 1910 cash. IS % T;
1922 cash. $40; September, S3.46; octo-
be-, S332lS.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-03
GRAIN PRICES
SUFFER DECLINES
Reactions Set in After Week
of Rapid Advances.

CHICAGO. June S.-Grain prices
d. -. feactt0n today, following the
rapid advance made during the early part
of the week.
Provisions were irregular at the close.
July wheat opened up 1c at $1.41A and
was off 41ac at the close.
july corn. after opening down 1sc at
SIC, was 1Ac lower at the close Septem-
Der corn opened up 15c at 6S1ac and closed
July oats opened ~ nc at 421ac and
was down 1c before the close % = Septem "a
dropped 11sc at the close.
(By Thomson g. McKinon)
June s.
Wheat-There being no confirmation OF
the extreme estimates of export business
done yesterday and there being cool
temperatures and liberal moisture, both
of which favor filling of wheat, market
has encountered considerable profit tax
ing. Seaboard again renOrts export de
mand slow and some cables claim that
Italy has filled her requirements for this
year and will not need to exceed forty
million for coming year as against ITO,
100000 the present year, none-the-less,
there has been buying on the decline by
houses connected with the export trade.
There seems to be a betterment in the
milling situation, cash wheat being in
demand here with premiums l to cents
higher. Millers were again buyers of the
deferred deliveries in northwest markets.
There have been more reports of selling
of..the new crop by the producer, but
these advices are not general. 1t is not
probable that the foreign demand viii
flatten out completely, although it may
be true that buyers will refuse to follow
advances from this point. We do not
anticipate the appearance of actual weak
ness until such time as sales By the
country fill up present holdings by ex-
porters.
Corn and Oats-Eastern advices men
ton an Argentine corn surplus of 1G0,-
100000 and suggest that this surplus will
turn the foreign demand away from the
United States. This may. be true in fu-
ture, but 1t is not the condition at mo-
ment as seaboard exporters were in to-
days market here. A large portion Of
the daily receipts Is not on the market
for sale. As a consequence cash prices
are relatively strong, the No. 2 grades
now selling at July price. We see no
reason to expect lower prices for either
corn o. oats, so long as wheat remains
around the present level and feel that as
time passes there win be broadening of
interest and demand in both corn and
oats.
Provisions-Action OF corn had some
thing to do with lower prices, although
neglect and lack Of interest were more
apparent.