davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1921-01-10
RATSIN SLATE CLEAN

Los Angeles papers of January state: another stp-
ulaton covering the future operations The California
Associated Raisn Company which makes probable
cording to John H. Atwood special assistant to Attorney
General Palmer that the amended bill of the government
charging the with violation Of the interstate
rnerce law will never be filed, signed here Friday
BIZ L. S. District Judge Bedsoe and representatives Of the
Fresno concern"
This action follows motion nterposed By the raisin
pany regarding the abrogaon Of the stipulation entered
into several months ago The defendant company will be
permitted to seek contracts from the rasn growers
without being deemed have violated the terms Of said
stipulation" The company to publish in the Fresno Re
publican not later than January Is notice stating Od
grower contracts etc" and that contract shall be
entered into in no wise renewal Of the old contract THE
court shall jurisdiction but it generally consid
cred that this leaves slate for the rasn growers to
proceed and continue cooperation.
Imperial Valley press., 1921-01-10
SOUTH AMERICAN
CONFERENCE OPENS
(Ry Associated Press)

MEXICO CITY, JJan. 1O.-Delega
tions from labor organizations of the
United States, Mexico and 16 south
and central American republics are
here for the opening session of the
third Pan American Federation of
labor conferences.
Samuel Gompers, president of the
American Federation of Labor and
ii other Representatives of American
labor made up the delegates from the
United States.
Imperial Valley press., 1921-01-10
PRESIDENT ELECT
RESIGNS AS SENATOR
tBy Associated Press)

MARION, Jan. 1O.-With his res
ignation as senhtor. effective next
Saturday on the desk of Harry L..
Davis, incoming governor of Ohio.
President-elect Warren G. Harding isl
looking forward to six weeks as al
private citizen before taking up the
responsibilities of the presidency.
Imperial Valley press., 1921-01-10

The state Legislature IS getting down TO work The
agricultural legislative committee has been in action fol
some months and has very definite concrete sugges
tons sincerely hope the present session will end with
series Of better agricultural enactments than have
suited from the abors Of any preceding state legislature
Imperial Valley press., 1921-01-10

Senator Scott will introduce bill calling upon the
people to decide as 10 the issuance Of $1800000O bono
to provide funds bonuses be paid to eXserVce
no raore than $3.50 to be paid to any one man.
Imperial Valley press., 1921-01-10

Senator Harris will introduce his bill passed by the last
legislature and under referendum defeated by the people
~ be polls November 2 This is the bill providing for
funds to be used in the enforcement Of Amendment Xviii
National Prohibition
Imperial Valley press., 1921-01-10

bill which has much Of agricultural interest is one
which would impose tax Of gallon gasoline
and distate for M purposes It is proposed to collect
the tax at the original source Of distribution.
The Washington times., 1921-06-28
WANT RAILROADS TO
PAY THEIR Bills;
|. ASK HARD|NG'S AID
Supply Men Urge Immediate Ad-
iustment Of Accounts in Call
on President.

Immediate adjustment of railway
accounts with the Government in
order that the railroads can pay their
bills and order necessaries was urged
upon President Harding yesterday by
Alba B. johnson and a committee OF
the Railway Business Association,
which is composed of manufacturers
dealing in railroad supplies.
johnson told the President that in
dustrial unemployment is agsrega-
waited and protracted, mills are shut
down or running on part time by the
Inability of the railroads to pay the
bills of railway supply manufacturers.
and the depletion OF railroad treasur-
les is due TO delay in reaching an ad-
justment of railway accounts with
the Government.
The committee also protested
against Outside" interference with
the Interstate Commerce Commission
In the matter of making railroad
rates. The practice, 1t was pointed
out to President Harding, was SIN
creasinsly prevalent" among users OF
transportation during the present
business depression of carrying their
proposals for railroad rate changes
to executive and legislative offices of
the Government and to the public and
press instead of TO the carriers or,
when necessary. on appeal to the In
terstate Commerce Commission as
heretofore. This practice. according
to the committee, will break down
the regard in which the Interstate
Commerce Commission Is. held and
deprive the country OF trusted and
Indispensable agency which has re-
quired thirty years to develop.
President Harding is understood to
have told the committee that he was
The Washington times., 1921-06-28
Wholesale
ProduceM Market
tr.ru,shsd By r,dsw.tsr Linss. Isa,

A decided drop is noted on the
vegetable market, live and dressed
poultry remain steady and live stock
prices remain frm.
Quotations follow;
EGGs-strictly fresh. soc: Southern, sec
PoULrRY-Aiivs; boosters, lsc per ib.
ssosso % per iS T R.n. ' soc sh1sn'ns psT s 'Pss %
kisd .pSiS. oh,sssn. ssSs:s sf'ss: per- rsia ID
ssi:y. Ssn. s1i c per TSo'''r@ 's' per iS
PoRK-Dressed: small. ibo psr ID.
medium. is0i%o Per ID; heavy. lo0is,
LIvEsTocK-Caives:o choice. 1eoiIc De,
ib.; lambs. choice. lie per ID.
vAPPLEsNsbl,, yirsinias and wss
winsssps. best. IS; poorer. $3.50: yellow
ksxsons, best. $40; poorer. 81; Ben DaviA
BEETs-FIorida, BQ7c bunch.
BLACKBERRIEs-is0 a csc per at.
CABBAGE-HomeSrown. s2.ooo25o pei
cARRoTs-New York. bunch, 4@Sc.
CELERY-Green tops sa-259Loo .--
foENMsISo3s.oo per crate.
oNioNs-Nsw stock, Texas. stanaar.
erstes. yellow Bermudss. commercial pack
mlxsd, No: l and 2, u.7S@2oo.
STRING BEANs-Hampers, ,ia502so
SWEET PoTAToEs-North Csroiina
bushel baskets, 500 02.so.
ease. s-' o
WHITE PorAroEs-North caroiin,
and yirEinias Irish Coblsrs. No. 1, per bbi
Sf2662.5o: few 400.
TOMATOES-Florida. s-basket cratsa
fancy, best, s2.2sG2bo.
PEPPERs-Fiorids, ali sizes. 5000 90
ORANGES-California, s5.50ds2s
LEMoNs-California. all sizes 1900 q
GRAPEFRUIr-Fiorida. all sizes. $50
$500
PEAS-Home crown. hampern sa 90 n
$50.
STRING BEANS-Hampers 81 rs q D. 90
RHUBARB-Bunch,5 sole
sQUASH-Hoinegrown. bushsl crates
t3.ko0 &40o.
The Washington times., 1921-06-28
TINE FOR FRANKNEss.

Nothing could be more pleasing or
timely than the emphatic answer of
President Chandler to the report cir
culated on Saturday that his company
was likely to pass it's dividend.
II officials of other companies were
to emulate this policy II would go a
long way toward removing the fog OF
gloom pervading business and dnan-
cial circles.
One particular instance of q promt-
nent executive evsding an 6pportun-
ity to heighten optimism Is brought
to light in the case of the president
OF a railroad equipment company re-
Gently back from abroad.
On landing he gave out a short
statement about negotiating for an
order, but since then has m maintained
strict reticence on the conditions and
outlook sbroad-this despite the re-
.peated statements of certain bankers
that he has made Investigations in
Europe that are most important.
IL may be that this executive Is
very busy. but, even so. II would ap-
pear that nothing could be more Inn
portant than to help to alleviate the
countrywide feeling that has resulted
In cessation of buying and slack busi-
ness.
The Washington times., 1921-06-28
Demand for sLuxuries'
Declared Good Sign

The process of liquidation in all commodity prices and also
in labor prices proceeds apace
Conditions ghng themselves but the process sowe,
and more tolsome than many anticipated.
The continuous lowering of levels the stock markets
reflects not merely the owness of adjustment but also the re-
adjustment of values and prices in commodts not there
FORE to be taken index to the state of the country at least
not entirely
An encouraging symptom in the general situation thai
there to be slight revival In the demand for OF the
socaed uxues This would to indicate that the people
getting their pancky ceiling and showing greater
degree of confidence Commercial collections while still leaving
much be desired also showing improvement and there
evidence of hardening in the money This indicates
1essenng of the strngency of money demand.
The commodity and labor price liquidation is being reflected
somewhat the slight stimulation of production This is not
evident in many the basic commodities notably Steel but
nevertheless sufficiently broad to carry with it the porent OF
better things
The depletion of stocks making itself felt in an increased
demand for commodities and while this still somewhat slug
gish encouagingly greater than it was month ago.
The Washington times., 1921-06-28
Wall Street GOSSIP

as "bobtai" pool working in this
issue. Having liQuidated some of it's
holdings at a nice profit. the pool Is
anxious to get rid of the balance of
the stock before the burst finally de-
velops.
To do this no efforts are spared.
As holdings decrease and manipula-
tion becomes more difficult, the propa-
ganda increases.
Yesterday before the opening q
run-up In the stock was widely ad-
vertised, and to make its word good
the pool opened the stock up some
what
Thereafter, liquidation by those in
terested caused 1t to sell of. No one
recognizes better than the insiders
that earnings will be less this year
and that the picture is not as bright
as painted-some months ago.
On three separate occasions las
week the word was whispered of the
pool working In asphalt In which
direction was not stated, but those
that bought on the tip now have good
reason to believe they purchased the
POOLS stock
The Washington times., 1921-06-28
BANKERS POOL TO
|. AID COTTON men
IN SOUTH is seen
Cabinet Members and War FL
nance Board Head Meet
To Discuss Plans.

Formation of "a bankers' pool In
the South and Southwest. to provide
Immediate relief to the cotton indus
try. was a probability today. as Presi-
dent Harding's special COMMITTEES.
comprising Secretaries Hoover and
Mellon and Managing Director Meyer
of the War Finance Corporation met
to attempt solution of the cotton In
dustry's financial problems.
Until the committee has canvassed
the cotton situation, and conferred
witt officials of the Federal Reserve
Board, no definite announcement is
expected. But many officials urged
that the relief plan for credit follow
the lines of the banking pool of $780,
OOO. 900 recently perfected by Eastern
and Western bankers for live stock
growers.
Governor Harding OF the reserve
board probably will have a voice In
shaping the means of relief to be
extended. Governor Harding has just
returned from a tour which took him
into important cotton growing
senters.
Director Meyer returned today from
New York. following a series Of con-
fersnces there with leading New York
bankers. Earlier Mr.. Meyer con-
ferred with leading bankers of the
South. Before a definite plan is
agreed upon. II is.likely that leading
representatives of the bankers and
cotton growers may be called here
for q conference.
The Washington times., 1921-06-28
THAT RErUNDING ITEM.

when discussing the future OF the
market few folks take into consider
alton the plans now being considered
by the Administrations for taking care
Of the foreign debt.
In realty this Is about the most i'm
portant factor hanging over the mar
ket. This will comprise the most gi-
santic piece OF financing ever con-
Quoted.
To achieve II will mean that a
spirit of optimism must be developed
throughout the country. This will re-
duire a real upward movement in Sc
curity prices to start with
No definite plan has as yet been
derived at, the main hsht now, ac-
cordine to dispatches, being centered
on the effort to have full control OF
the matter left in the hands of the
|Secretary of the Treasury.
Such action. X is hoped. would do
away with the delay likely to arise
should Congress desire to pass on any
plan decided upon. Whether Congress
will step aside is also in doubt
Every plan so far spoken OF pro-
vides for the sale OF foreign securities
to the American public and the re-
funding of Liberty bonds with the
foreign securities. There are many
obstacles to be overcome The lead
ers are. therefore. holding of until
the right time.
Should stocks get cheaper in the
meantime II makes IL easier for them
ultimately to support the market
The French loan has made II evident
how foreign securities go In a dull
period.
The Washington times., 1921-06-28
GERMAN GENERAL GOES
TO TRIAL FOR CRIMES

LEIPZIG, June 2S.-France appear
ed as plaintiff in the war criminals
court today following Great Britain
and Belgium, who had previously held
that role. The German prisoner on
trial Is General stenger, who, It is
alleged. ordered his men to take no
prisoners in battle. General Stenger
Is the first German officer of high
rank to be put on trial
There are sixtynine square miles
In thhe District of Columbia.
The Washington times., 1921-06-28
GEORGE MAY
POSTPONE VISIT TO v. S.

LONDON. June 2s.--While Premier
Lloyd George Is keeniy desirous OF
making q visit to the United States
this year, he told intimate friends
today that "he is only flirting with
the idea"
The premier was recently quoted as
telling an American woman in Wales
that + hoped to go to the United
States Iate in the summer.
Friends of the premier now declare
domestic affairs are 30 pressing that
the premier may postpone his trip.
In addition. the premier IL a little
bit doubtful as to what kind OF a
reception he would receive.
The Washington times., 1921-06-28
AMERICANS SEEK ACCORD
WITH BRITISH, SAYS THOMAS

LONDON, June 2s.-J. H. Thomas,
the British labor leader. who arrived
here today from the United States.
where he attended the convention of
the American Federation of Labor. de-
clared that Americans are genuinely
anxious to reach a complete under
standing with Great Britain on all
matters.
"The first essential is to bring about
a conference so that Americans can
share in a common pool for recon
struction OF the damage done by the
war" said Thomas.
The Washington times., 1921-06-28
AMERICAN ICE DIVIDEND.

American Ice directors are scheduled
to meet today for dividend action.
Some quarters believe that an extra
disbursement may be declared on the
common stock.
The ice companies are among the
few that have been hurt in no way
by readjustment.
Business is at its best at this time
of the year, and II may be this fact
that has led to the expectation of an
extra dividend.
The company paid l per cent extrs
on the common in January. but though
In a position to do so. may not deem II
advisable to declare another extra
thus early.
The Washington times., 1921-06-28
FliER FROM CALF. HOPES
TO MAKE MiNEOlA TONIGHT

Ell PASo. Tex, June 2s.-Hoping
10 land at the Mineola flying field on
Long Island tonight. David r.
Davis, wealthy California sportsman.
planned to hop off Bliss flying feld
this morning. The Davis transcon-
tinental which left Riverside, Cal.
early yesterday In what Davis and
his pilot, Eric Springer, had hoped
would be a nonstop flight to New
York city. was forced to land here
owing to engine trouble.
The Washington times., 1921-06-28
NEW HAVEN ROAD ASKS
LOAN OF So, 600, 600

The New York, New Haven and
Hartford Railroad Company today ap-
piled to the Interstate Commerce
Commission for a Government loan
of ss,o00,00o for fifteen years.
The object of the loan is to re-
imburse the carriers treasury and 10
make additions and betterments.
The security offered consists of S4-
775, 900 of its frst and refunding
mortgage gold bonds and 500, 100 900
worth of the common stock of the
New York. Ontario and Western.
The Washington times., 1921-06-28
Freight Loss Felt
By 3. & O. Railroad
ADVANCING
INTERESTS

While all coacanying roads have felt the loss in traffic
prevailing industrial depression the Baltimore and ONO
suffered than Others according to It's state
ment of earnings for May just made public
Revenues operations during that month were about
500 600 less than May of year and about 100000
less than for April.
. The Pennsylvania Railroad which much the same
territory and which likewise receives large share OF its revenue
from coal in the month able to increase its gross
by $500 May Of last and to change
deficit Of SIS for the preceding May to net operating
Income for May this year of S3848,0oo.
Until May the Baltimore and Ohio had been making gooo
gains traffic and in but the net for May was only
o8544o which $4,000 less than is required to
meet the months fixed charges
The Washington times., 1921-06-28

heartily in accord with everything
they had set forth. but in regard to
paying the railroads the railroads
must help a little. He also
urged the association to do their
share In a period of adjustment and
to lend their assistance toward bring
ing about the desired result.
The Washington times., 1921-06-28
A TRADING MARKET.

NEW YORK. June 2s.-With the
probability OF important announce
ments being made In regard to the
railroad labor situation over the
weekend holiday, II Is unlikely that
many traders will take an extended
vacation during the week
A trading market made up of in
and-out transactions will likely fea-
ture the market.
The rally started at the cost Of last
week petered out early.
The opening up a full point or more
Of Issues like Asphalt and others in
which pools are known to be working
caused suspicion and proflt taking. so
that there was little or no support
when a resumption of raiding tactics
developed.
This is to be expected until the
real leaders take the market In hand.
When the small traders have a
profit they will invariably take II so
long as those issues manipulated by
certain pools are selling above their
value and therefore constitute a tar
get for the bears to shoot at when
desirous of breaking the market
The Washington times., 1921-06-28
THE CURB BROKERS.

Curb brokers all dressed up in their
new home look different aggregs-
tion from the crowd who blocked up
Broad street garbed in rough clothing
to meet all kinds of weather.
The Washington times., 1921-06-28
OPERATING REVENUES.

Total operating revenues for the
month were $l5.722.73s. compared
with s1s,2e3.11s for May, 1920, which
was almost entirely accounted for by
a decrease in freight.
Railway operating expenses
amounted to s13.le6,322. compared
with $16,275.963 for the preceding
May. a decrease OF $3.110.641 due to
drastic cuts in maintenance of way.
eauipn,ent and lransSoftStior.
charges. these three items having
been reduced by about $3,00O,000 all
together.
Net revenue from operations was
s2,557,4l6, an increase Of $570,261. De-
ductions for rents, tax accruals. etc..
left net income of $1,oS6,449, COM
pared with S1,560,5o6 for May, 1920,
an increase of $124,S63.
For the five months OF this year
the company's net railway operating
income has amounted to &7,3O9.331.
compared with $971,877 for the cor
responding period Of last year. This
ia an increase of &6,337, ,454, but for
and eqiupment expenses have been
reduced $10.575,57e, and transporta-
tion cost has been reduced 1922, ,401.
The heavy reduction in maintenance
expenses might be regarded as indi-
eating that the company has not
spent as much as IL should In keep
| ing it's property In condition. but IL
| must be remembered that last year
| the company spent unusually large
sums on maintenance In order to get
| the property in proper condition after
IL was turned back by the Govern
| ment
The Washington times., 1921-06-28
gyasHarrn BUSINESS AND FIN ANCE
Investors
Service

The washington Times will be
glad to answer for It's readers
Inquiries about investments In
stocks and bonds: 1t will give
the best available Information
from the most authoritauvs
sources. This. .service IL entirely
without charge, and all letters
will be held In strictest conn.,
dence. Every inquiry must con-
tain name and address OF the
writer and q 2-cent stamp for
the reply. II the inquiry 10 OF
general interest It will be an
swered In the Daily or sunday
Times. Address
INVESTORS INFORMATION
SERVICE
Tho washington Times Finan-
cial Department. Munsey Build
ing. Warrington. d. G.
The Washington times., 1921-06-28
THE OIL DILEMMA.

II is not so much Exhaustion" that
Is worrying the oil producers as 1t Is
"overproduction."
The Washington times., 1921-06-28
TREASURY CERTIFICATES RE
DEEMABLE.

The Federal reserve banks have
been authorized by Secretary Mellon.
of the Treasury Department to re-
deem in cash before maturity, at par
and accrued interest, Treasury GER
tificates of Indebtedness of series G..
which natures July 10.
This redemption, according to Sec
retary Mellon, is entirely at the option
OF the holders. They may secure cash
plus interest up to the time OF pre-
sentation or may hold the certificates
up to the last date and obtain full IN
terest on them.
The Washington times., 1921-06-28
RAILROAD BUYING.

Revival of business, when II comes.
viii probably begin with buying by
the railroads.
The Washington times., 1921-06-28
GENERAL ASPHALT ACTION.

The market action of General As
phalt Is typical of what Is going on
in many issues.
TherA N what 10 -oammonly known
The Washington times., 1921-06-28
A PUBLIC DUTY.

The market will do better when ex-
ecutives realize they have a duty
toward their stockholders and the
public as we'll as to themselves.
The Washington times., 1921-06-28
THE PROFITABLE SIDE.

In all trading markets recently the
bear aide has proved more profitable
than the bull.
The Washington times., 1921-06-28
= O. pREFERRpD Looks GOOD

b. n U. PREF rEh~hSn$D SO
r. r. MI am thinking of buy
ing nve shares each OF Baltimore
and Ohio prefevreA. Do you think
they are good buysf II I purchase
now will I share In the next divi-
dends paid9 And when will the
nsxt payments be nader Balti-
more and Ohio preferred looks par
ticularIy good to me. and might
nut all of my money into IT.
Anxwer-We think II better for you
to adhere to your original plan. Split
the money between the two stocks. II
IL not thought that the dividends are
In danger
ferred dividend semi-annuaIly, March
1 and September i.
United states Rubber pays the pre-
ferred dividend OF 80 a share quar-
terly and the next payment Is due
July 80.
You will receive better than 8 per
cent for your money. based on divi-
dend rates, and have fairly sound in
vestments, In our judgment
A MINING STOCK SPECULATION.
n. r. K-I am interested in the
Central Copper Company of ART
sona- The people back Of II are
selling stock for DEVELOPMENT pur-
poses and are not paying dividends.
What do you think Of the prospects
OF the company, and would you ad-
wise the stock az good Investment
Answer-The stock Of q prospect
mining company 10 no nearer being
an investment than a ticket for a
raffe on an automobile II 10 a
gamble. That Is the nature of the
thing.
We have every reason to think the
promoters of Central Copper are hon
orable men and experienced miners
We have no doubt they believe they
have a good prospect But this doesn't
change the fact that the stock is G
gamble.
IL will not emerge from this class
until the company has been paying
dividends for a period OF years and
has payable ore blocked out of suf
icient amount TO keep the equipme nj
running probably for at least fivs
years. And II is long way off from
that. We regard the stock as a du
bious risk.
The Red Cross may not be used a,
n trademark
The Washington times., 1921-06-28
NEW YORK CLEARING HOUSE.

NEW YORK, June 2s.-Clearins
house statement:
Exchanges, $685., s,4oo, 900; balance.
sac. i o0, 900; Federal reserve bank
credit balance, $41,2o0.0O0.
The Washington times., 1921-06-28

The Red Cross may not be used as
a trademark