davidaulloa/AmericanStories huggingface dataset:
Evening star., 1921-12-17
TRADE DISPATCHES INDICATE
PUBLIC EXACTING IN BUYING
Demanding Dollars Worth for Every
Dollar Expended-Lull in Trading Is
Charged to Year End Inventory.

paying it still is effective. and the
great majority of men and companies
are following 1t. The railroads are
leading in that movement. They are
rapidly discharging their indebted
ness to the equipment companies. who
in turn are aiding the activity of
men and materials all the way back
to the mines and forests.
Men in some lines still take the at
titude that there can be no extended
business revival until the adjustment
OF exchanges stabilizes foreign trade.
Those better informed. declare that
foreign trade. to use a card table
simile. is, after all, a side bet and not
the main pot, and that, successful
business activity, like charity, must
begin at home.
The American woolen Company
took that stand this week when it
purchased three additional mills, in
dicated that it would confine Its SELL
ing efforts largely to the trade OF
the United States and opened some
OF its lines for next fall at prices
which showed little advance from
those now current.
Sound Production Basis.
The smelters and mines are being
properties are being brought back
to sound production basis. New
outlets are being found to take the
place OF export demand through de-
velopment Of new uses for the red
metal in this country. The automo-
tive industry gives every promise Of
attaining production in 1929 which
Will Tar exceed the number of cars
turned out this year. Tho demand
JOE nardWare has increased steadily
for months and still is on the up.
grade.
Over 80 per cent Of the cotton
spindles Of New England are in oper-
alton and the wool markets are in
creasing in activity with prices
strong and advancine.
The paper manufacturers again are
making .naag money and are adding ma
terially to pay rolls and output
Unemployment is decreasing de-
spite the laying of Of men By GER
tain railroads and factories and the
government State and municipal
this week will provide Jobs to adfSi-
ttonal Thousands of workers
Evening star., 1921-12-17
TRADE REVIEW.

NEW YORh, December 17-Dun'G q
review Of trade says:
with the year end only . fort
night distant and holiday Interrupt
tions imminent, it is obviously not the
time to expect significant changes in
business. Dispatches from widely
separated centers indicate that retail
trade has grained in activity and dis
tribution Of heavyweight goods has
been quickened by sharply lower
temperatures in different sections.
These are purely seasonal phases,
however. and the fact is not obscured
that most consumers are purchasing
with greater discrimination and with
closer regard for prices Calculation
Of prospective public buying power
the prevailing unemployment Of many
workers and the decline in prices Of
where continue conservative in pro.
viding for forward requirements. The
outlook In various basic industries
remains more or less uncertain. but
1t is not unpromising.
weekly bank clearing $6,446.62f
OOO."
Evening star., 1921-12-17
RAILS THE ONLY STOCKS
OUT OF WEEKS ADVANCE

NEW YORK. December 17.-Active
trading in stocks and bonds. mainly
at higher quotations. was resumed
this week, while the recent strength
in foreign exchanges suffered a sharp
setback.
Reasons for the reversal in inter-
national currencies were furnished by
Germany's plea of inability to meet
impending reparations payment ana
the halt in the settlement OF the
Irish controversy, although the lat
ter was largely a sentimental factor.
Rails were the only important stocks
to lack in the weeks forward move
ments in connection with the Big
Four" and some of the smaller roads
suggested, however, a Capitalization of
interests by the leading railway sys-
TENS.
Oils. coppers and the preferred
shares of numerous industrial COM
panies provided the bulk of the weeks
broad operations. Steels, motors and
affiliated shares reacted to less ia
vorable trade prospects.
Call loans duplicated their recent
maximum of s per cent, but the in
creased supply of time money seemed
to justify predictions that no strin-
gency is likely to mark the final
days of the year.
Evening star., 1921-12-17
WILL DIRECT WORK HERE.
Russian Relief Headquarters to
Leave New York.

Removal of the headquarters Of the
American Central Committee for Rus
sian Relief from New York to Wash
ington. was announced by the COM
mittee today.
The relief society's headquarters
here will be at 532 18th street north
west, in the building from which
Gen. Grant directed the military af-
fairs of the country in 1866. .t,
Princess Cautacuzene, granddaugt-
ter of Gen. Grant. is chairman of. the
committee, and Mrs. Robert Lansing,
chairman of the Washington commit
tee; Charles r. Crane, Charles G.
Dawes. Henry H. de Bach and Charles
Z. Russell are members of the .board
of directors.
Evening star., 1921-12-17
Grain, Produce and Live Stock
GRAIN AND PROVISIONS.

BALTIMORE, December Il tSpeciaD.
-Potatoes, new. $50 lbs. 2..5a3.25: No
2. l.50a1.75; 100 lbs, 150ao 90: No. ..
.3al.00; sweets and vans. bbl. 3.09a
80: No. 2. l,15a2.00: bu., Local 20: No
2. 30a60: beans. hampers. 2.5Da4 so: :
beets. bu., 50a15; broccoli bu:. 3ea35 ;
Brussels. qt., 20a25: cabbage, ton,
80. GOA 900: carrots. bu. Lee: cauli-
flower, bbl.. 4.50a5.50: celery. dez. goa
so: crate, 2.25a5.0O; cucumbers. crate,
o.o0aI.60: eEgplants, crate, 2.e0a3.00
horse radish. bu., 3.50a4.00; kale, bbl,
1.O0a1.25
Lettuce, basket, 1.50a3.25: onions, 100
lbs, 2.00a5.75; oyster plants. bunch,
1as; parsnips, bu., 50a70: peas, ham
per. 4.0Oa5.G0; peppers, hamper, 3.0Oa
400: pumpkins, each. Sale; savoy cab
bage, bu., 30a40: spinach. bbL, l. l5a
zoo; tomatoes, crate, 4.00a1.00; tur-
nips, basket, 25a35
Apples. packed. bbl.. 5.O0aS 00. No. .,
4.O0a5.00; bu., I.25a2.50 loose. 100 lbs,
2.00a2.50; box apples. 200a375: cram
berries. bbl.. 20.00a2s.00; grapefruit,
box. 250a4.0O: oranges. 3.50a4.5O; tam
gerines, strap, 7.00a?.00.
Evening star., 1921-12-17

Special Dispatch to The Star.
NEW YORK, December 17.-Busi-
ness is cleaning its slate. It Is wip-
ing out old debts, clearing out old
stocks and writing of old inventories.
Better than that. the majority Of busi-
ness men are wiping away exorbitant
values, cutting exorbitant prices, low
ering exorbitant costs and abandon
ing the idea of exorbitant profits. In
their places they are preparing 10
write down the problem of keen com.
petition, cheap production, economical
sales methods and small. sure' quick
profits.
With the exception Of the holiday
trade there has been a falling on IN
business activity In many lines OF IN:
dustry in the last week. This iuli
probably will continue until after the
first of the year. and 1t Is natura,
and healthy indication Of the state OF
business that 1t should. for the IN
yentory season is at hand. and every
careful business man Is clearing ms
decks. Too many have sunered from
the unwisdom Of starting the year
that mistake.
No Time to Talk Strike.
But the shelves and warehouses
Of the year, and the wheels OF indus
try will hum to I'LL them. With their
new stocks the far-sighted business
men are preparing to lay in new and
varied assortments of sales methods
Business dispatches within the last
twenty four hours made 1t plainly
evident that the public all over the
country is seriously intent on getting
q dollars worth for every dollar II
spends, Manufacturers, wholesalers
and retail merchants are beginning to
realize not only that they can give q
dollars worth for a dollar in goods
and service. but that they can still
make a profit. This trend Of thought
is not confined to capital. In spite Of
the strikes now in progress. the atti-
tude Of labor in general found ex-
preston in the declaration Of iron
and steel labor men who asserted this
week that "this is not the time to talk
Of strikes" but to get jobs and keep
them.
Old and Tried Methods.
There is no new way to pay old
debts. But the old and tried method
Of earning the money, saving 1t and
Evening star., 1921-12-17
FOREIGN TRADE SITUATION
REFLECTED IN EXCHANGE RISE
Continued Recovery Abroad Is Attested
Further by Firmness. Despite Berlin
Plea-Public Not Buying Stocks.

or two conclusions. The first is that
nome consumption mas been much
larger than was figured on. The sec
ono is that the southern cotton grow
ers, having got rid of the bulk of their
holdings around the high prices of
September and October, and having
I paid off their indebtedness at the
| banks. are able to keep back from the
market their remaining supply il they
| choose to do so.
The success Of the New York stock
onering is a striking episode, in that
| the price received by the city was
| much the highest in over ten years.
| Ihis Will be accepted as a sufficient
answer TO the attempts by investigat-
ing committees and other sources of
criticism OF one sort or another to
throw doubt upon the high credit of
the city OF New York. But. as q fur
| ther test of the investment situation
generally, 1t is of much less conse-
quence than the many other fiotations
Of new securities made during the last
few months.
Stress Tax Exemption.
The fact that this was exempt from
J the federal income tax and afforded a
return well above the average for this
class of investments quite destroys
| the Significance of the fourfold over
subscription and the high price real
lied as compared with the issues of
1917 and 1915. On those occasions, OF
! course. there was no such incentive
as now exists to hide the funds Of
rich investors where they will not be
subject to an onerous tax burden.
The main explanation for the stock
| markets disregarding the precedent
of an early December decline is sim
ply that the present situation is
| totally different from that of the CON
ventional markets of past time. be-
fore the federal reserve, when every
bank working on its own hook lent
up to the limit in midsummer aud
afterward to meet the autumn crop
demands. put the screws numerically
upon their Wall street borrowers
Such experiences of the past are in
teresting, but of no practical bearing
whatever upon the stock market of
nowadays. So. too. il is not sign Of
weakness that the day-to-day initia-
! tive should be provided by Speculative
pools and professional operators. So
long as these do not attract much
| outside following the position will
continue strong. The danger stage
will come only when the public re-
turns to the speculative field II is
| then that the distribution of large
holdings will begin.
Copyright 1921
Evening star., 1921-12-17
4YEAR-OLD STARTS BLAZE

Vivian Tolliver. colored. 4 years old.
last night sought amusement playing
about a lighted gas stove with "A
piece of paper. in her home at 1925 1st
street southwest. The paper ignited
old, the chiid's grandmother, burned
her hands while. extinguishing the
blaze. Both were taken to Emergency
Hospital. where. surgeons expressed
the belief THAT they would recover. 4,
Evening star., 1921-12-17
new IDRIA WINS SUIT.
Awarded Verdict of 81, sos, ,3O5. OF
Against British-American.

PROVIDENCE, R. T., December IL
A verdict for $1,s03.3O5.05 has been
awarded the plaintiff in the suit of
the New Idria Quicksilver Mining
Company of California against the
British American Manufacturing Com
pany of New York. in the United
States district court here.
The verdict followed ten days of
testimony in the $2,500.000 suit of the
New Idria Company. which alleged
that the British American Company
had entered into a contract with the
plaintiff company for the purchase of
about 1900 TASKS of quicksilver, but
had failed to fulfill the agreement
Evening star., 1921-12-17
DROP IN BANKRUPTCIES.

NEW YORK. December 1.-THE
Credit Guide analysis of failures and
business conditions shows that COM
mercial suspensions and bankruptcies
for the last six days have slightly de-
creased, while public and wholesale
buying has materially improved over
the previous week.
During the week 5S6 business fall
ures occurred. against 601 last week,
46S the week previous and 372 in the
corresponding week of 1920. Failures
among wholesalers and manufacturers
seem to keep pace with previous
weeks, which is largely responsible
for the increase in total liabilities.
Evening star., 1921-12-17
LOCAL Wholesale MARKET

Eggs-Strictly fresh. per dozen. 80:
average receipts. 53a54: southern. SO.
Live poultry-Roosters. per Ib., 1S;
turkeys, per h.. 45a4S; chickens. spring.
per H.. 23a24; roosters, per lb., 20: tur-
young, each, 60a10.
Dressed poultry - Fresh killed
spring chickens. per h.. 25a26: hens.
per lb.. 2Sa24; roosters. per h., 20; tur-
keys. per lb., 50a54; keats, young, each,
60a75.
Pork-Dressed. small. per lb. 10a11.
Live stock-Calves. choice, per lb.,
-; lambs. choice, per lb., S1a live hogs,
per lb.. 81.
Green fruits-Apples. per bbl. s.ooa
1850: per bu. basket 2.50a325
western. per box. 3.00a4.50. Califor-
mia lemons. per box, 3.00a3.5o: Cali
fornia oranges. per crate, 6.50a7.50.
Grapefruit. 3.75a4.50. Florida oranges.
4.50a5.50. Tangerines. 4.0oa5. 90.
getables-Potatoes, No. /. per
bbL, 30oa3.75; per sack. 3.5oa3 go:
Lettuce. nearby, per crate, LOCAL so:
southern. per crate. 1.oOa2.5o. Gel
tuce. 1;e5a2,oo. cymblings, per crate.
3.0oa4.50. Spinach. per bbl., 1.50a2. 90.
Onions, per 100-lb. sack, 5.75a6.00.
Cabbage. 2.75a325 per bbl Cucum-
bers. 3.o0a6.00. Eggplants. per crate.
4.00a5.00. California tomatoes, per box.
4.00a4-50. Florida. 5.00a7.00. Beans.
5.00a7.00 per basket. Sprouts. 1sa?5 per
quart. Peppers, per crate, 3.5oa4.50.
Evening star., 1921-12-17
SEEK TO REoRGANIzE ROAD.

NASHVILLE. Tenn, December H.
That an application has been for
warded to the Interstate Commerce
Commission asking permission of that
body for the reorganization of the
Tennessee Central railroad. for some
time in the hands of a receiver, is
admitted officially here. Details of
the plan have not been made public.
but it is said that the Tennessee
failroad commission has already given
its approval. The Tennessee Central
runs from Hopkinsville, KY. to HRr-
riman, Tenn.
Evening star., 1921-12-17
DIVIDENDS DECLARED.

record. able
Allan. Cable Co., q. $1.75. Dec. 81 Jan. Is
Eastern Texas Electric Co. pf,
s-a, s. .Dec IL Jan. 8
Firestone Tire & Rubber Co.,
ass pf. sl.5O Jan. 1 Jan. Is
Firestone Tire & Rubber Co.,
TO pf, $1.75 5............... Feb. l Feb. 10
P. 81. Hanes Knitting Co. pf.
q, N.75 Dec ~ Jan. 2
INF Ner Marine pf ia, $3.. Jan. 16 Feb.
Jones Bros. Tea Co. pf,q.$1.75 Dec. y Dec. 81
Mass. Lighting SO pf.q.1A% Dec. a Jan. !e
Mass. Lighting so pf, q. go Dec. "A Jan. 18
Mexican Eagle Oil Co., hnaf
Mexican Tel co. q, $3.50. Dec. 81 Jan. "A
MsIiean Tel Co, q, g. So. Dec. 81 Jan. IA
Ninissine Mines. Ltd. a, 15c Dec. 81 jan. 20
MI, ,sins Mines' Ltd, ex, 15c Dec. 81 Jan. 20
Nnr Gtstea Power. S4.. Dec. 81 Feb.
Nor Sfates Pow, pf, q, $l.75 Dec. 81 Jan. 20
fSSiiyie Flour Mills, a, S.. =. Dec. q Jan.
s'sSes & fr.ncs " ~ Dec. Is Dec. 81
Tononeh EXT. Mining, q, S.. Dec. 10 Jan.
Evening star., 1921-12-17
Notes.

NEFFS. Ohio, December II (Spe-
ciaD "A strike at the Franklin mine
at Stewartsville last week was set
tied in favor of the company. and in
accordance with the agreement in
operation penalizing the erring side
in strikes, 81 was subtracted from
the pay of each of the striking miners
for each of the four days the mine
was closed down. When the checks
were distributed this week the miners
again struck in protest against the
enforcement of this feature of the
contract.
PITTSBURGH, December IL (Spe-
al).-Traffic on the three rivers in
the Pittsburgh district last month
was very heavy. The total on the
Allegheny was 279.966 tons. on the
Monongahela. 1.3s0,992 tons. and on
the Ohio, 29O,1S0 tons.
Evening star., 1921-12-17
FOREIGN EXCHANGE.
, the Associated Press.

NEW YORK December 17-Foreign
exchange, strong. Great Britain
Demand. 4.17A: cables, 4.1SH; sixty
days bills on banks. 4.14E. France
Demand, 7.s6; cables, 1877. Italy
Demand. 1851: cables. 7.56. Ger
many-Demand, 501s; cables. 81. Hol-
land-Demand. 1855: cables. 1851.
Norway-Demand, 1912. Sweden
Demand, 24.65. Denmark-Demand,
1850. Switzreland-Deman 1915.
Spain-Demand, 14.70. Greece-De-
mand. 422. northumberland, 1926.
Brazil-Demand, 1916. Montreal,
90 1916.
Evening star., 1921-12-17
ACCEPTS TRADE NOMINATION.

CHICAGO. December 17.-Robert
McDougal has accepted nomination
for the presidency of the Chicago
Board Of Trade. The election takes
place January s, and no other candi-
date is expected to be named. Mr.. Nc
DouRal has long been one of the most
conspicuous figures in the grain trade
Of the United States and during the
world war served in the commission
cd personnel branch, operations divi-
'eion Of the United States Army general
1taH.
Evening star., 1921-12-17
DAIRY MARKETS.
BALTIMORE Decenher (Spec

Poultry. live-Turkeys, pound. Asa
so; old toms, As: poor and crooked
breasts, 40; young chickens, 21a22:
hens 19a22; small and white leg
horns. 17a1S; old roosters. IA: ducks,
20a26: geese, 23a2S: pigeons, pair. Goa
25: guinea fowl, each. 25a50. Dressed
poultry-Turkeys. pound. 49a52; old
toms. 47a4s; poorly dressed and thin.
40a42: chickens. 21a24: old r""sters.
15a16; ducks, 25a30; geese, 25a30.
EggS-Loss off, native and nearby
firsts, doZ.. 81; southern, 81.
Butter-Creamery fancy. pound, Ala
As: prints, 4Sa50; nearby creamery. 43
a44: ladies, 30a32: rolls, 2Sa3O; store
packed, 26a27; dairy prints. 2Sa30;
process butter, S5aS6.
Evening star., 1921-12-17

ador and will Immediately begin a
search for oil deposits. A sixty-mile
railroad. to cost about $2,000.000. will
be constructed.
Evening star., 1921-12-17
FurA.

SEATTLE. December II (SpeciaD.-
The fur market is about cleaned up
of 1921 pelts. Wholesalers handling
Alaskan and Siberian raw pelts have
in their warehouses only a small per-
centage of this years shipments.
Evening star., 1921-12-17

Government statistics show that ap-
proximately IL per cent of all women
marry before they reach the age of
twenty.
Evening star., 1921-12-17
Candy.

NEW YORK, December 17,(SpeciaD.
The sales OF candy give promise of
piling up a record total for the holi-
day season. Retailers are opening an
nexes to care for the final Christmas S
rush.
Evening star., 1921-12-17
OIL.

PITTSBURGH. December II (Special).
The AinaSoh Corporation OF Canada,
Q company dnaucAd here. has secured
e6ncessfons on 3,0oo, ,0oo arreD In Ecu.
Evening star., 1921-12-17
Live Ateek.

KANSAS CITY. December II (spe-
agant claims regarding the effective
ness Of the packing house strike here,
but SO far the packers seem to hold q
slight advantage. The walkout did
not include 100 per cent Of the work.
ers and many Of the strikers have
been replaced. Some plants have al
most reEained normal production.
Evening star., 1921-12-17
Commodity Reports
From Various Sections
Electrical Euu,.u.,+

Electrical Equipment.
TOLEDO. Dcember II (SpeciaD,-
Tho new plant Of the Save Electric
Corporation. makers Of incandescent
lamps, will be put in operation next
week. employing between 800 and 40f,
men, The Jannin Electric Company
Will erect Q new factory and increase
Its working force to care for a sud-
den increase Of orders from all over
the country.
SAN FRANCISCO, December II
(SpecfaO.-There Is practically no
movement in tho bean market. but
reserve stocks are small Prices have
fallen to nearly the point of cost Of
production White beans are ocarce.
due to shortage in tho crop.
Steel.
PHILADELPHIA. December II {Spe-
cial-Letting Of the contract for the
$4,000. 900 offce building of the Atlan-
tic Refining Company here, which has
been held up since 1918, is taken here
to indicate general belief that prices
OF steel and building materials nave
may be expected in the near future.
ClothinE.
NEW ORLEANS, December II (spe-
cial).-A general reduction in cloth.
ing prices has failed to stimulate
trade here to any marked degree.
slowly than mems garments.
Evening star., 1921-12-17

CHICAGO, December Il
Morris tribune., 1921-04-15

Hames Malmberg went to Hancock
on business Saturday.
The E. L. Olson family is out of
quarantine for small pox.
Mrs. G. T. Noyes spent Monday of
this week in Minneapolis.
c. L. Voss went yesterday to Mil
bank, S. D., on a business trip.
Mrs. Catherine Noonan went to
Benson to visit her daughter, Mrs.
Max Babb.
Peter Monlux has been suffering
for several days from an abscess on
his nose.
Ray " Bennett of st. Cloud, sang
a solo at the Congregational church
on Sunday.
Mr.. and Mrs. w. E. G. Saunders
and son returned from Emmetsberg,
Iowa, where they motored last week.
w. H. Cherry who was severely in
jured by falling glass several weeks
ago has recovered the use of his
hand.
A dance will be given next We'd
nesday in the armory by Company K.
Tickets $1.0O. Everybody invit-
ed. adv.
Mrs. J. w. Bailey was very serious
; ly i'll on the night of April IL. It
was thought for time she would
not recover. She is much better now.
Miss Clara Higgins of Graceville,
was in Morris last Saturday solicit
, ing members for the association for
the recognition of the Irish republic.
: The new sWeeper-cleaner ran for
the first time on Atlantic avenue on
? Monday of this week. 1t is doing
satisfactory work according to Mayor
Geenty.
Ted Klippstein who has been i'll
l for several months with infiammatOry
e rheumatism is able to be around
l again although he is still under the
! care Of physician.
e A farewell surprise was given tt
Y Mrs. E. NJ Bowlin by a number Of
/ her friends at her home on West 8tt
= street Wednesday afternoon. Delici
= Gus refreshments we're served anC
o Mrs. BoWlin was presented with {
e neckchain as a testimonial of thu
e esteem in which she is held by he1
e friends. Mrs. Bowlin and son Joh1
leave today for Ottumwa, Iowa.
Morris tribune., 1921-04-15

Call up LaGrand Hotel for city
bus service. advtf.
Mr.. and Mrs. P. H. Canty went to
Browns Valley on Wednesday.
The little daughter of C. r. Ander-
son is very i'll with pneumonia.
Aleck Rumstad went to Benson on
Teusday, returning the same day.
Rev. Bredesen left for Minneapolis
Tuesday morning on church business.
. Modern house, just completed, for
sale. Inquire of E. ]. Jones Lumber
Co. adv.tf.
Mrs. L. B. Squier who has been
very i'll for the past week is reported
improving slowly.
Leave orders for bus calls at Mer-
chants Hotel any time day or night.
Griffith Bus line. adv. 45tf.
Prof. C. C. Schmidt of Grand Forks,
N. D., visited his sister, Mrs. L.
Steinbring, last Saturday.
Mrs. G.. L. Voss left yesterday for
Litchfield where she will visit her
parents for several weeks.
Come to see Nothing But the
TRUTH" a three act comedy presented
by the Senior class of the Norris high
school at 8:15 Friday and Saturday
April p and % in the Orpheum
theatre, Morris. adv.
The Ladies' Aid of the Lutheran
Free church will be entertained in
the church basement today, Friday
April 18th. Mrs. o. Krogen and
Mrs. I. Peterson are hostesses. The
Busy Bee S. S. Glass will sell candy
during the afternoon for the benefit
of the organ fund. You are cordially
invited.
Browns Valley Tribune.-Th'
Decoration Day committee, through
S. Y. Gordon, at st. Paul, extended
an invitation to Hon. Royal A. Ston'
to deliver the address on that day il
Browns Valley, and he has accepted
the invitation, and will be with us OF
that day. The committee, and tn!
people of Browns Valley and vicinit!
are very fortunate in having secured
Mr.. Stone, as he is a splendid speak
err, and his services are in big de
mand. He is a veteran of tw'
Spanish American and thu
! World War. Major Stone will hav'
message for that day that will b.
worth coming many miles to hear.