davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-01-01
COTTON MARKETS
HAVE FIRM TURN
Preholiday Dealings Show
Increasing Strength in
Futures.

NEW YORK. Dec. 3l.-Buying
power in cotton showed a consid-
erabIe Improvement today and the
market turned frmer after it had
suffered further recessiOns in the
initial dealings General business
was OF pre-holiday character, the
session ending at noon.
After opening rather easy at a
decline Of 10 TO 20 points because
OF weak cables, selling by Wall
Street and local liquidation. the
market soon recovered. Liverpool
bought near months and spot houses
took March. The market showed
increased strength later in the
morning. January moved up TO
1875. a net gain Of IS points. March
rose to 1910, or % points above the
previous close. The first sales for
March delivery last year were at
36.15 to 36.lS. July moved up 20
l4.l3, or % points net higher.
Heavy covering by shorts. espe-
cially January and March, and new
buying by traders who had previ-
ously sold out to establish losses
were the features OF the final deal
ings Of the year. The market
closed slightly below the best
owing to realizing sales. Last quo
tations were 4 to "a points net
higher.
FOIlouipV are vester6sv's ouot.t tiors.
The Washington herald., 1921-01-01
CHICAGO PACKER
URGES CHECK TO
DOWNHILL TREND
Combined Efforts Neces.
sary, Says American In
stitute President.
TO SHUN PESSIMISNl
Constructive Cooperation aid
Pluck Will Bring Back Pros
perity, He Declares.
TO SHUN PESSIMISnI

Combined efforts to check the
downhill trend of business was
urged in a New Year messaYe Is
sued yesterday by Thomas e. Will
son, president of the American In
stitute of Meat Packers, to the susi-
ness interests of the United States.
Not pessimism, but cooperation and
pluck, are the elements necessary
now to restore prosperity. accord
ing to the Chicago packer.
This Is no time for pessimism," t"
said Mr.. Wilson, but 1t is the time
for constructive cooperation with
a generous slice of pluck to be dis
played by all of US TO bring this
nation of ours back to that pros
perity which rightfully belongs
to US.
Industry must forge ahead, and
such severe setbacks as have been
experienced must be considered as
being left behind, for we cannot
build permanently upon a structure
having as it's foundation a lack of
faith in ourselves and in our
country.
Sacrifices Also Necessary.
Each one OF us must place our
selves in a position of being will
ing to make Some sacrifice for the
good of all. No one particular
group should or can long succeed
at the risk of injuring the others.
I'VE must recognize that things
have reached a phase where busi-
ness generally has been running
wildly down hill without sufficient
effort being brought to bear to i'm
pede the terrific speed which is en-
dangering our national structure.
However. 1t will take considerable
pluck and the combined efforts of
all of us to stop this wild running
away of our Industrial structure
and to bring 1t back to such a safe
normal basis that we can all have
confidence in it.
No Good Reason for Pessimism.
There is not sufficient good rea-
son for much of the pessimism ram
pant throughout our nation today
because much OF 1t is based upon
exaggerated Importance attached to
recent developments in the indus
trial field. Sitting idly by and la
menting conditions will not improve
nor remedy them in the slightest
degree. 1t remains for all of US
to do everything possible to bring
about a return to such conditions
as will bring about greater con-
fidence in our agriculture and in
dustry.
Just how soon we shall approach
better understanding and i'm
proved conditions depends largely
upon how much we actually deter
| mine to cooperate and work to
contribute our share towards help
ing to solve the peTplexing prob
lens with which we are confronted
today"
The Washington herald., 1921-01-01
Big Demand Hits
Call Money Market

NEW YORK, Dec. -31.-A demand
was reported on the Stock Exchange
in the early dealings for from *5'-
OOO, 900 to $4,OO0,00 at 7 per cent
on call. Strictly speaking, there
was no time money market, as has
been the case recently. The mer-
camille paper and prime bank ac-
ceptances markets were unchanged.
Regarding the immediate money
outlook. the higheset financial au-
thorities state that there are no
indications of a material easing.
The sentiment generally in banking
circles. however, is that while there
may be a further reflection OF the
effects Of the aftermath OF the great
imitation in commercial business, the
worst is believed to be over. Re
garding the Wall Street outlook for
money. the sentiment is one of hope
full conservatism.
The Washington herald., 1921-01-01
METAL MARKET.

NEW YORK, Dec. 31.-The fol-
low prices were quoted at the New
York Metal Exchange today:
Copper, spot: December, January,
February and March ofd. 13, mar
ket dull.
Tin (Straits SHIPMENT: Decem-
ber-January ofd. 36A; January Feb
ruary old 36h; FebruaFy-March,
81; market dull.
Lead, spot: December and jan
uary ofd. Az; market quiet.
Spelter (East st. Louis), spot, ofd.
565; December, January, February
and March ofd. SIS; market dull.
Bar silver, domestic, esh un-
changed; foreign, 64A: off % cent.
The Washington herald., 1921-01-01
Strength in Oil Stocks.

NEW YORK, n. Y, Dec. 81
Strength in the oil stocks today
was due first to eheir technical po-
sition. and second to an announce
ment by the Republic Iron and Steel
Company of a substantial reduc-
tion in prices of pipe. In general,
tho reduction amounts to 81 per
tom but for the oil industry re-
ouirements the reduction is SO per
ton.
The Washington herald., 1921-01-01
ANALYSIS OF $50 OIL COMPANIES
Excess of dividends.

outstanding capital stock of the Io8 companies
the capital stock of
companies had increased almost double the
had been
organized and the total capital stock of these latter amounted to
the under consideration the capital
stock had increased more than 2o per cent in the
dividends declared If neglect this portion of the stock but
cude the bonds found that during the eight
capital the
During paid dividends
of $8oooooo The capital which
put petroleum of Fa
double the of dividends which had been declared
during this period
history of the groups this
quite dssmar The dividends declared by the companies organized
less than $I8ooooo although their total capital
With the demands
the business have been that nearly the whole of the
business The dividends paid by the older
during these eight
about $25ooooooo than the capital acquired.
The increase the capitalization OF these older and
better known only phase of the increase the
eum industry The following table shows the number of companies
and the authorized capital during
CAPITALIZATION OF NEW OIL COMPANIES
The Washington herald., 1921-01-01
COTTONSEED OIL.

NEW YORK, Dec. 31.-The cot
tOnseed oil market was unsettled
today. Leading declines closed
point lower to points higher; spot
$50 (bid); crude (Southeast. 5.5C
Cbid). Futures: January, 7.S0a1.9O
February, 7.S0aS; March, S.24aS.Sl
April. S.25aS.4O; May. S59sS.6l; June
S6OaS.7O; July, S.SSaS.9l; August
s 9OaS99
The Washington herald., 1921-01-01
HAY, GRAIN, FLOUR AND FEED
Furnished by L. s. Bureau of
Mnrkets.C

Based on December 27squotations
in important markets. prices for
hay, feed and grain in markets de-
livered Washington, D. C., fol
prompt shipment are quoted as fol-
lows: No. l timothy hay, per ton,
$50; No. 2 timothy hay, s2s; No. l
clover mixed, s2S; spring wheat
bran, $3.50; spring wheat middlings,
The Washington herald., 1921-01-01
WALL STREET GOSSIP.

NEW YORK, Dec. 31.-Trading
has been unusually brisk during the
last ten days. Dealers report an
active demand for high grade Sc
curities and rather a dearth Of the
more desirable issues. They antici-
pate that this condition will con-
tinue well into next year.
The professional element which
runs quickly turned to the long side
of the market several days ago
except in special instances. Heart
ened by banking suggestion, pool
activities have been resumed in a
number of the low price rails and
industrial issues. Prospects of
easier money have encouraged these
operations with a result which is
clearly marked in quotations.
Powerful banking groups which
bought such stocks as Southern
Railway. st. Louis and San Fran
cisco, Rock Island and others of
that class on q scale during the
recent decline took them for the
long pull. The pools are working
cautiously on the long side of these
stocks.
Absorption of the copper shares
which has been in progress was
accentuated today when all the
members of this group were excep-
tionally strong. 1t is more or less
an open secret that the so-called
insiders" have not really replaced
their lines of stock, the final dis
tribution of which was effected two
years ago, and there was ample
reason to believe that the buying
of these securities today was for
important interests. Buying of
American Smelling and Refinins
was attributed to the dominant in
terest of that corporation.
The Washington herald., 1921-01-01

there than organized
authorized capital of only ooooOoo In B629 companies
organized with authorized capital of $786oooooo The record
probably o
but the of capital will probably be somewhat less
The accomplishments the oil
judged by production 1911 output
barrels production will probably
barrels than double the years
period the value of oil
creased from to something like $oooooooo
nearly 1t this large which has furnished
industry
has also resulted in the increase in production
The Washington herald., 1921-01-01
OIL TRADE CARRIES HUGE
CAPITAL REQUIREMENTS
Analysis of ESQ Companies Represents Invest
~ ment Value of ST, ,7S5, ,000, 900. :.
By The Washington Herslds Economic Expert)

before the meeting the
Institute Henry l. Dohey presented series of figures
industry which
The figures used had been
Petroleum Institute the following tables
taken chiefly from this although material has
been introduced.
figures make analysis of the
representative whose avail
able companies divided groups
represents including
older independents The
which have been organized since The
following table presents significant figures contained
report:
The Washington herald., 1921-01-01
Il0wLnE are yesterday,s Quota tIons !.

(ouotS tons furnished BY W. r. Hibbs
Co., kemberS New York Cotton Exchange q.
The Washington herald., 1921-01-01
FINANCIAL RESOLUTIONSI

Among the many New Year resolutions
now being framed, none is more essential
to your weIl-being than a sound FINAN.
CIAL RESOLUTION.
Our First Mortgage Notes stand the
acid-test Of the most rigid requirements.
They represent conservative loans and
are secured on improved Washington real
property, reinforced by continually In
creasing equities.
Resolve to invest in these Notes. be-
cause they are safe, offer a liberal 40.
turI, and are at par every day In the
year.
Arizona republican., 1921-12-17
Little Stories For Bedtime
 THORNTON w.. BURGESS
CHATTERER HITS ON A PLAN AT
 LAST
BY THORNTON w. BUR

Each time that Chatterer the Red
 Squirrel thought himself smarter than
 sammy Jay he found that he wasn't
 as smart as he thought he was. and
 this always made him feel mortified.
 He just couldn't admit even to him
 self that Sammy was the smarter. and
 yet here he was every day bringing
 corn for Sammy from Farmer
 Browns corn crib, whenever Sammy
 told him to. and running the risk of
 being seen by Farmer Browns boy,
 all because he hadn't been able to
 think of some way to outwit Sammy.
 Once, after he had such a narrow
 escape from old Roughleg the Hawk,
 he tried going down to his storehouse
 on the edge of the corn field, but he
 found Roughleg on watch and had turned back. From the way Sammy
 Jay had grinned when he saw Chat
 terer coming back Chatterer had
 made up his mind that Sammy knew something about how old Roughleg
 happened to have found out about
 that storehouse and So been on the watch. Now, all this time Sammy Jay was having a great deal of fun out of Chatterers trouble Each time that Chatterer thought of a plan to out wit Sammy, he would find that sam my had already thought of it, and a way to make the plan quite useless. | You see, Sammy used to spend a great deal of his time when he was
 alone in the Green Forest pretending l that he was in the same fix as Chat terer and then trying to. think of some way out of it. So it was that Chatterer never could think of a plan
Arizona republican., 1921-12-17
A HUSBAND TO MARCIA
Ru CAROLYN BEECHER

'T shall have to see how much they
 will allow on the one you have before
 I can decide. I wish you could have
 been satisfied to use it a while longer,
 Marcia. It is in good condition and
 cars will certainly be cheaper later"
 Marcia's eyes misted. but she
 brushed the tears away. Anger blazed
 in them as she replied:
 Am I to have it or not?'' "Yes-I will manage 1t in some
 way"
 "oh, thank you, John! I knew you could if you wanted to. knew it all the time I don't see why you pre- tend you can't do things, unless it is
 to tease and annoy me. You always do what l want in the end.'
 T do all I can, more than my cir cumstances warrant"
 Come on call for the car. We'll go over and see Nell and Bob French! i can't wait to tell Nell I am to have l the car. I told her 1 was sure you would give it to me and she declared | YOU wouldn't. Just as if she knew l anything about what I earn" Bob knows about what l earn Never mind, get the car! I want l to go over there.
 Marcia chatted amiably while wait 1 ing and a. they drove the short dis tance. mat JOnn was Silently IS- gretting his promise. wondering how 1 he was going to greet the added ex- pensa, she had no way of knowing. Tn n suddenly, just as they were nearly at their destination, a taxicab coming from a cross street swerved. 1 Witt. a noise of broken glass and a scream from Marcia, John found him. 1 self thrown out of the opened door onto the roadway, while over against | the curb lay the taxicab driver. ! Marcia had not been thrown from 1 her seat and was uniljured except for ! slight cuts from broken glass. John picked himself up. He also had been ! fortunate. Save bruises, he. too, was | uninjured. But the driver of the taxi- cab was unconscious. An ambulance rattled up. John gave his name and address to the. policeman on the beat and after seeing that the coupe was ! taken away, he and Marcia hailed a l passing cab and went on to the l Trenches.
 Now I will have to have new carl" Marcia said as Nell hunted for 1 the liniment bottle.
 .fTo Be Continued)
Arizona republican., 1921-12-17
He Saw Reddy Trottine Down the Lone Little Path Through the ..
 Green Forest

that Sammy hadn't already thought of. And yet there was a way to cheat Sammy out of his fun, though not out of his corn, and 1t really was the fun of seeing Chatterer so wor- ried that sammy cared most about. Sammy had thought of il almost at once and it seemed to him that Chat terer was very, very stupid not to think of it. too.
 He will think of it some day and I don't see any way to upset such a simple plan" said Sammy to himself, and then fell to studying some new way to torment Chatterer.
 And at last Chatterer did think of it. It was such a simple plani Prob ably that was why he hadn't thought of 1t before. All he had to do was to go over to Farmer Browns corn-crib at break of day, before any one in Farmer Browns house was awake just as he had been doing, only make two or three trips and store a lot of corn in a safe hiding place in the old stone wall. Then when Sammy Jay demanded corn he could get it with out trouble or danger. He tried ii and it worked splendidly. Sammy Jay got his corn. but he didn't get the any fun, and he cared more for the fun of seeing Chatterer in trouble
 than he did for the corn. So, after two or three mornings, Sammy didn't come up to the Old Orchard, and Chatterer chuckled as he stored up | the corn. not in one place, but in sev- eral places.
 Now, while Sammy Jay seemed tc
 have grown tired. of corn he was do- | Ing a lot of thinking. He had no idea 1 of leaving Chatterer alone. He had | just got to think of some way of up setting Chatterer's simple plan. Il | was Reddy Fox who finally gave hin the idea. He saw Reddy trotting | down the Lone Little Path through
 the Green Forest. and right away the | idea came to him. He would tel
 Reddy where Chatterer was storing the corn in the old stone wall and
 Reddy would hide close by.
 "Of course, I don't want Reddy tC
 catch Chatterer, but I can prevent | that by warning him just in time l But he will be so frightened that he
 won't dare go to that place for corr
 again in a hurry. and so will have tC | go to the corn crib for it. thought 1 sammy. and hurried to tell ReddS
 Fox about the place half way along
Arizona republican., 1921-12-17
cbapter XXxIi.

Chapter xE<ii.
 JQha Aldirch often wished he could rs1 Himself of the feeling that he orvea undue consideration to Marcia because Of his hidGan romance, ln- -ccent though il had been- His prob lem worried him It was part of his us,-fSrment for ever allowing his thoughts to stray from her that he should try 10 give her everything she wanted. All she demanded
 The mere earGing ef living was no problem at all. But to make a lot or money so that Marcial could have an expensive apartment, cars, servants, sxxravzxznt clothing, to say nothing os the entertaining. etc, and make 1t Tn a hurry. was a problem. And Mar c4a wanted what she wanted when she wanted it.
 -yo,i must ask for more money, Tofr.- Marcia commented. Her eyes narrowed for an instant with the stress Of her thought.
 T wouldn't get it if I did" John s answer was wearily given. So often had they gone over the same argu- snent in the last five years, so often Lad Marcia insisted she was right, he uuonE
 IT YOU really owed me you would Ss least make the attempt" The zrrznulous note in her voice. the long, s-r in her troubled tear-washed eyes touched him. despite all his experience with her ways.
 No. Marcia. Loving you has noth- s~r so do with it. Absolutely noth- s-r. I realize that you know nothing ..s business. but it is in a bad way at resent. IL is the aftermath or every m-ar. | have been extremely fortunate -u receive any advances.
 If you didn't earn 1t they wouldn' have given them % you. Measly ht- tte advances they were at that"
 T <ry to earn all I get, Marcia. s0slbt if I am worth any more al present"
 ~~onsensei You're too modest by lar. I want a larger car, and know sf you tried you could get it for me. The argument had ended in the usual faShion-Marcia partially appeaseo for The moment, John worried as tC now he was to do what she demanded
 WI en John reached his office he found himself early, before the others lie drew the little soiled glove from -lae dra wer, and for just a moment aid his cheek upon it. Yet a moment later. when he put it back and locked the drawer. the anxious expression =as gone from his face, his eyes heif s steadier look.
 T win keep the faith" he mur. uured. T will do my best"
 Well. what abou- the car, Marcis ESsed thaG night
Arizona republican., 1921-12-17
CHRISTMAS CAKES

Every hostess wants something a lit special for tea during the holidays. Tea and toast and fancy Christmas cakes surely add much to the hospital ity offered to the chance visitor.
 In many families there are recipes that have been handed from mother to daughter for these little cakes and the baking of the tea cakes was as serious a proceeding as the fruit cake itself.
 These rules are all revised for up- to-date use but the cakes have un- usual charm and delectability.
 Drop Plum Cakes
 Three eggs, cups brown sugar, 2-3 cup butter, cups flour, 1z cup sweet milk, 1 teaspoon soda. l tea spoon baking powder, 1 cup seeded and chopped raisins, + cup shredded citron, l teaspoon cinnamon, F tea spoon cloves, F teaspoon allspice, teaspoon nutmeg E teaspoon salt.
 Cream butter and sugar. Mix and soda Beat eggs with milk. Add dry and liquid ingredients alternately tC first mixture. Add spices and fruit and mix thoroughly. Drop from the tip of the spoon onto a buttered and floured baking sheet Bake in a hot oven.
 Aunt Thankfufs Seed Cakes Three -fourths cup butter, l F cups sugar, 5 eggs, F teaspoon cinnamon F teaspoon nutmeg. ? tablespoons caraway seed. 8 cups flour, F tea. spoon soda, T. cup boiling water, Y teaspoon salt, tablespoons milk. Cream butter. Add sugar and spices. Beat eggs well and beat il gradually to the first mixture. Ado the flour and salt, Add soda dis solved in boiling water and milk, il necessary, to make the right consist ency to drop from the spoon DroI from a teaspoon onto buttered papel and bake in a. moderate oven.
 YuIetide Wreaths
 Two and one-half cups flour. ,. cup sugar. F cup lard, F cup sou milk. F teaspoon baking powder. !: l teaspoon soda. l egg, F cup shredded
Arizona republican., 1921-12-17
HOW ABOUT THE LANcuAcE7

Mrs Bunker-He sure is unpopular with the golfers since he worked SO hard on his invention.
 MT. Bunker-What.s the invention7
 Mrs. Bunker-A golf ball that reg. isters the strokes during the course or the game. and there Is no chance to lower the score.
Arizona republican., 1921-12-17
By Marian Hale

NEW YORK.-The coat dress Is always popular because it is so utili- tartan. Many of them are included in the models being prepared for spring.
 This Norman and Katz dress is straight of line and quite short as some of the more tailored garments are in spite of the lengthening ten dency of frocks and gowns for after noon and evening wear. ... ..,
 The sleeves. like so many for the incoming season are quite loose and simply gathered at the hand, remi- niscent Of a former day.
 The ruching or ruffle falling over the hand is another note borrowed from fashions past - exceedingly popular was that trick because it was kind to not quite beautiful hands.
 The dress is girdled in metal. Ermine is used for the band trim ming.
Arizona republican., 1921-12-17
@y16db1z6561l0z1 eE& 1lgzamaNMo1

neither saw nor heard from each other for ten years.
 '"Then by a trick of fate we were thrown together again. She had never forgotten our love. We became great friends once more. '1s it wrong for us to write to one another?
 ''Her husband is good to her in the way of support. but indifferent-he
 has a lady friend of his own. But she never would divorce him, nor would I ask her to do so. "Is it wrong for us to cherish the love which is rfghtfully ours? Her husband knows that she cares for me.
 By writing to her am I imposing on his good-nature? l Would it be wise to pull out and let her alone? My letters make her very happy
 | After a woman and a man, endowed | with normal consciences, have pom l dered over problem long enough, neither one can tell right from wrong. But no calm brain has to work very hard in order to settle this question. | The ethics of the case are obvious. | The old platitude fits: Those who play I with fire are going to get burned. | This letter particularly is interest 1 ing as showing the moral confusion l from which few of the emotionally | tempted find themselves able to es- \ cape today.
 I Religious creeds and moral codes | and social laws warn against warm I friendships between a man and a l woman. either being married.
 | The lure to letter writing, to which the above letter relates, is a detail of
 greater temptation. That a serious
 and honorable man should suffer from perplexity about the rightness or
 wrongness of such correspondence
 is just one more evidence that the
 times are considerably out of joint.
 The morality Of the woman's hus-
 band has nothing to do with her per-
 sonal morality, does not excuse her
 for yielding to delight in another
 mans love.
 II Lovers today are as frank about
 their emotions as the sick person is
 about the symptoms of an epidemic. Chill, fever, headache are evidences that they have caught an influenza These unconventional love affairs prove how epidemic is the so-called moral slump of the times. Influenzas, having destroyed the susceptible. wear out. Doubtless the wave of moral laxity will die out in the same way. Meanwhile there's a deal of honor accruing to sane per sons who honestly try to keep them selves in moral health. -o Queen Elizabeth was the first to use a fork in England. Ninety per cent of a silver coir