davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
LOCAL STOCK EXCHANGE.

Brokers on the Washington Stock
Exchange today focused their visions
on the securities of the Washington
Railway and Electric Company and
Potomac Electric Power Company.
Practically all Of the trading was
done after call, although $1,000
first of the latter company sold at
81 early in the session.
The main trading of the day was
in Washington Railway As. one of the
81, 900 denomination going at 81 Y at
the start and being followed by an
other at 81 VI. A $500 bond sold at 81.
Eight of the $1,000 denomination
then sold at 81 in eight sales; four
sold at 61% in as many sales, while
one went at 61k and three at 81 u.
Later two more Of the 81 900 denomi-
nation went at 81 u.
One of the electric company ST.
900 Gen. Mortgage SIS sold at 96&
while four went at %.
Other interesting trading of the day
included five sales Of ten shares each
Of Continental Trust Company, the
price being 1O4 IN all sales
Seven shares of Capital Traction
sold In the trading after call at stu
while fifteen shares Of Mergenthaier
went at 119.
Call loan money was offered at 7
per cent with 6h per cent bid.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
MEXICAN OIL PRESSED.

The greatest pressure. however
was conferred on the Mexican oil
shares, a direct result OF the increase
in the export tax on oil by the Mex
lean government.
Mexican Petroleum broke over 7
points to 1854 and Pan American
Petroleum fell over 4 points to 52A.
The 3 stock also suffered a substan-
tial decline.
The steel shares continued under
pressure on the unfavorable situation
in the trade. Practically all of these
issues touched new lows for the year
Steel common sold or IN to 76B:
Baldwin 2% to 59.75: Republic 2
points to As and Crucible nearly 2
points to 60%.
u. s, Rubber was under heavy pres
sure, dropping over 3 points to a new
low for the year of BIN, giving rise
to rumors that the dividend will
either be reduced or entirely passed
at the next meeting of the directors
Kelly Springfield and Goodrich were
over l point lower.
American International sold down
nearly 3 points to a new low for the
year OF 34%. Other weak spots were
Atlantic Gulf. international Paper
General Asphalt and Punta Algeria
Sugar. Studebaker and Chandler fell
over 1 point
The rails were fractionally lower.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
Wall Street GOSSIP
r. G. GRAHAM

NEW YORK, June s-The finan-
cial world will watch with interest
the disposal of the new $500, 900, 900
Treasury notes to be dated June 15.
The three-year maturity will receive
particular attention.
In many quarters this change from
short maturity is regarded as very
constructive. If the issue is as sue
cessful as is expected, the Government
will doubtless follow similar prac-
tice in later issues This will ease
the strain on the money market aris-
ing every few months from the Gov
eminent securities, and when the Lib
erty bonds are finally refunded 1t is
expected to prove particularly ad-
vantageous.
Announcement of the payments to
the Federal reserve bank on account
of the German indemnity has also
strengthened hopes for easier money.
These funds are expected to be
kept in the country and used in pay
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
STERLING BREAK
Of SIX CENTS
A|DSBEARS' WORK
Fresh UnfavorabIe Dividend An
nouncements Also Helps in
Bearing Down Market.
BY MAX KASE,
I. N. 8. Fir. ncfaI Editor,

NEW YORK. June 9.-Another sem
sational break of cents in demand
sterling and fresh unfavorable divi-
dend announcements provided the am
munition for the bear element in a
continuation of the downward move
ment on the stock market during the
early trading today.
Many stocks sold off to new low
records for the year. Even further
easing in the money situation could
not stem the decline
Call money renewed at 6h per cent.
the lowest rate in several weeks.
STERLING DROPS
Demand sterling dropped to s369%.
loss of 6B cents. About two months
ago IL sold slightly above S46O.
The suspension of dividend pay
ments on the preferred issue by in
ternational agricultural led to a break
of points in that stock to 39%, a new
low record for the year. The common
fell 1 point. American Agricultural
followed with a drop of over 4 points
to a new low for the year of 3S.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09

has been quiet for several days with
quotations practically unchanged. Tho
inactivity of the market is due to
heavy offerings of other securities
such as the French loan. etc.
Dealers say that Treasury's forth
coming issue of three-year notes viii
have practically no effect on the mar
ket, since 1t represents merely re-
funding operation and does not add
10 the volume of securities In the
market.
On the other hand the new issue
will actually reduce the amount OF
Treasury certificates and should, IL
anything. cause a somewhat hrmer
market.
But IL is pointed out that reduction
in volume of certificates will not he
great enough to warrant a prediction
Of any material change in quotation.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
REVENUE LEGISLATION.

Brokers believe that the de3ay in
arriving at new revenue legislation
at the Capital may be responsible to
some extent for the continued uncer-
tainty in security markets.
Houses with Washington connec-
tons now say 1t may be weeks and
even months before the revenue bill
is prepared. They maintain that the
senator who was to prepare the meas
ure Tor the House Ways and Means
committee has arranged for a long
vacation.
In the absence of great public pres.
sure they maintain there is little like
MOOD OF definite steps being taken
in his absence.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
Baltimore Grain Market.

BALTIMORE, Nd, June 9.-Wheat
Higher No. red winter, S1.74k
No red winter garlicky, s1.62k. Re-
ceipts, 47,066 bushels; shipments, 49,
223 bushels.
Corn-Easier. Contract spot, T2Hc
Receipts, 211 ,696 bushels; shipments,
1876, 1854 bushels.
Oats-Easier. No. white domestic,
4Shc. Receipts, 1,096 bushels; ship
ments, 3,eS7 bushels.
Rye-Firmer. No. 2 Western export
spot, s1.61h. Receipts, 10,026 bushels f;
shipments, none.
Hay--Dull, unchanged.
Flour-Quiet.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
WALLACE IN FAVOR OF
GRAIN GAMBLING BILL

Approval of the Capper-Tincher
"antigrain gambling" bill which
would place supervision of grain ex-
changes under the Federal Government,
was voiced before the Senate Agri-
pcuitural Committee today by Score
tary of Agriculture Wallace.
He suggested, however, some
.Iiberalizing amendments" one of
which was that the supervision
should be vested In three Cabinet Of
fcers-the Secretaries OF Agriculture
and Commerce and the Attorney Gen.
eral
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09

LOCAL SECURITIES.


SALES
washington Railway "a. S00@61.
Potomac Electric LIST 6s. $1,000
Gs7.
Continental Trust. 10@104. 10G104.
10Q104, i0Q1O4, 100IO4.
AFTER CALL.
Washington Railway As, $1,000
SIX. 3l.0009S1h, S1,0OO@61, $1,000
06l, $1,OOO@61. S1.Ooo0s1. $1,000
61, s1.o0o@s1. $l,Ooo0s1. &1.o0oVs1.
81, 00O@s1H. $1,00O061&, 10000
s1x. s1.0Oo0s1&. sI.0o00s1k.
sl.ooo0s1h, si,ooo0s1h. $1,000
SIN.
Potomac and General Mortgage SIS.
81 ,OOO606X. 81, OOO@06.
Capital Traction, 20s7h. 1@s7h.
40s7h.
Warrington Railway As. $4,000
81 u. &1.000961h.
Potomac Electric Gen. SIS. 10000
96, $1,000 Q98. $1,0OO0o6.
Mer1enthaIer Linotype, 100110, 90
119.
Money-Call loan money was offer
ed ut per cent with 6h per cent bid.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09

But IL is pointed out that the offer
ing comes at a time when the money
market will be under some strain and
IL was safer to offer slightly more
than present market price for funds
and receive an enthusiastic response
than TO offer a lower rate and risk h
failure.
Bankers say the Treasury can feel
the market better with this small Of
fering and be guided in it's future Of
ferings by the response made to the
present Offering.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
Mellon Gauges Mart
Well, Bankers Aver
EDITED BY
WILLIAM N. CONRAD

Bankers and bond dealers agreed that in announcing
theeear Z per note ISSUE the Treasury Department
correctly gagged the investment market
They point out that Government issues selling in the
market at yield closely approaching the yield on the
forthcoming notes
Victory 4 which mature in about two years nearly
represent the market for this of securities than any other
outstanding ISSUE At closing prices Tuesday the yield of these
notes per The Third issue with years to
run, closed Tuesday at o. held to maturity these bonds
yield SOS per cent
Present notes at So per cent therefore, yield little better
than either the Victory 4 34s or the Third 4Hs
Bankers believe that Secretary Mellon by offering these
notes at attractive rate has insured heavy oversubscpon
to the issue
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
Foreign Exchange.

NEW YORK, JUNE s.-The foreign
exchange market opened weak today
with demand sterling oS cents lower
at ,3.7o&. Francs yielded ~ centimes
to IT'S for cables and TIT for checks.
Lire. were six points lower to 400 for
cable. and 4.6S for checks. Belgians
declined IL confines to IT'S for cables
and III for checke.
other quotations are: Guilder cables,
32Tb. checks. 3273: Sweden Kronen
eacles, 1000; checks, 2i.sa; Marks,
LA
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09

of the Federal Reserve Bank OF
Richmond, according to announce
ment just made.
Mr.. Graham succeeds Capt
James F. Oyster, and represents
the group 3 banks in the fifth re-
serve district, which is composed of
the District of Columbia, Maryland,
Virginia, North and South Caro-
lima and a portion of West Virginia.
As a director of the Federal Re-
serve Bank, Mr.. Graham is not
allowed by law to serve any other
bank in a similar capacity, and as
a result he has resigned as direc-
tor of the Federal National Bank.
Mr.. Graham is now a member of
the Board of Education and the
Charities Endorsement Committee
of the District as we'll as president
of the City Club.
He is also vice president of the
Washington Board of Trade, past
president of the Washington Rotary
Washington Chamber of CommArce
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
FORD PLANTS WILL
RUN ALL SUMNER

Henry Ford makes this cheer
ing announcement:
ain past years II has always
been the policy of the Ford
Company to close down for a
couple of weeks during the sum-
mer just at harvest time. when
thousands of our men were
needed and wished to go back
to the farms to help with the
crops.
This year, however, there is
no such need. for farm labor.
and we will not close down nor
make any cut In our operations.
orders are streaming in with no
sign OF slackening."
No cuts are to be made I'm
wages.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
Liverpool Cotton Market.

LIVERPOOL, June 9.-There was a
limited demand for spot cotton at the
beginning of business today. Prices
were steady, sales were 5000 bales.
Ann mids., fair, S10.6s: good mids..
1878; fully mids-, 1898; mids-. $7.73;
low. $e.73; good ord. S5.4s; ord, $4T3.
Futures opened quiet
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
HIDDEN ELATIoN.

The reaction OF Tie railroad execu-
yves to the recent decision of the La
Dor Board is somewhat similar to that
Oh poker player who receives four
aces pat.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
ment for English and French pur-
chases of merchandise.
STILL IN OUR MIDST.

me SlOo,OOO.O00 French loan has set
new record for the length OF time
in which subscriptions are received.
1t is over a fortnight since the
books were first opened.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
AN OPPORTUNE FLOOD.

The sugar finance commission. with
wonderful foresight, suddenly discov-
ers a food in Cuba which will curtail
production just when surplus sugar
stocks are at their maximum.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
WANTED LEAnER

The market is drifting at the mercy
OF the buccaneers while brokers
search for a leader with the nerve
and following of a Durant.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
u. C.. Graham NolU
Reserve Bank Director
ADVANCING
WASHINGTON'S INTERESTS

Much satisfaction being expressed in financial circles OF
the city TODAY over the election of E. c. Graham president of
National Electrical Supply Company class director
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09
Liberty Bonds.

NEW YORK. June 9.-Noon Liberty
bonds quotes: AIS, sSs.l2: LIST As.
ss7. 90: I'd As, ss6.9S: I'd 4k's, $500;
Bird AIS, s91 "a; 9Th as, &S7.o4:
Victory 3%'s. $3.50; Victory ANS
1884
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-06-09

Stock sales up to
IL Am. IL noon Jpn 2p.m.
$4,000 $4,000 e5S,S00
BOND sales up to
liam IL noon Jpn fpm-
s7.ssa,o 900 10,52a,oo 13.1S0,0o0
NEW YORK CLEARING HOUSE
NEW YORK. June 9.-Clearing-
house statement: Exchanges, 1882. =
o5,s4: balance. s55,lso. 99s: Federal
bank credit balance, S44,-
357 .os6.
The Challis messenger. (Challis, Idaho) 1912-current, 1921-08-24
NOTICE TO PARENTS AND
GUARDIANS

| GUARDIANS
10 Parents, Guardians and others il
Custer county:
The following are the provisions Of
the school law of Idaho, Session Laws
| l9ll, designated for those who are in
clined to unjustly deprive their chill
dren OF the advantage of a fair com
mon school education:
ENCOURAGING DELINQUENCY Z
MISDEMEANOR
SECTION 159. In all cases wher.
any child shall be delinquent child
Juvenile delinquent person, or a IN
venlle disorderly person as defined b,
tnls act, the parent or parents. lega,
guardian or person having custody q,
snch child or any other person respon
slole for. or by any act encouraging
causing or contributing to the deltn.
Quency OF such child, shall be guilty OF
mlsdemeanor, and upon trial and
conviction thereof shall be fined a
sum not to exceed Three Hundred
Dollars (S30o. or Imprisonment in tn,
county Jail for period of not exceed
ing six months, or shall suffer bot,,
fine and imprisonment. The Court NAV
impose conditions upon any person
found guilty under this Act, and 81
long as such person shall comply the,,
win to the satisfaction of the court
the sentence imposed may be sus
pended.
CHILDREN TO ATTEND SCHOOL,
SECTION 100. In all districts ot
TINS State all parents, guardians, and
other persons having care Of children
shall instruct them, or cause them to
De instructed, in reading, writing sno1,
ing, English grammer, geography and
arithmetN In such districts. every
parent, guardian or other person bor.
ing charge of any child between the
ages OF eight (S) and eighteen f18,
years. snail send such child to a NH
TIC, private or parochial school for tho
entire school year during which the
pubic schools are in session in sucb
district; Provided, however; That this
chapter shall not apply to children
over fifteen (15) years of age. where
SUCH child shall have completed tho
eighth (Sth) grade. Or may be eligible
10 enter any high school in such die.
,rlct, or where its help is necessary for
us own use or its parents support. or
"here for good cause shown it would
'e for the best interest of such child
Q De relieved from the provisions of
MS chapter; Provided, further, that :
reputable physician within the dis.
riot shall certify in writing that the
'hild's bodily.or mental condition does
The Challis messenger. (Challis, Idaho) 1912-current, 1921-08-24
NOTICE FOR PUBLICATION

Serial No. 024699-025557
Department of the Interior. U. S
Land Office at HALEY, Idaho, June
"a, 1924.
Notice IL hereby given that Harvs
Denver Sanders, Of Cha1lis, Idaho
who, on September II, 1913, made
Forest Homestead Entry, No. 024699
for SWA NWA Sec. 8 and a tract o.
lila acres within the Challis Natl
Forest embraced in Hid. Entry Surve!
No. $50, List No ALSO in Sec. a
surveyed Tonship IA Nowrth, Range
IS E. b. M. mere particularly dc
scribed by metes and bounds as fol
lows: Beginning at corner No. ] from
whence the a Sec. corner lies distan
S. 0 degrees "a minutes w. 2.44 chs
hence N. 81 degr es rs minutes "
ITO chains to Cor NO. 2, thence n
20 degrees 50 minutes w 1862 chains
o corner No. 8, thence S. 81 degrees
VI minutes E. 22.55 chains to corne
Io. 4, tn nee S. 0 degrees "a minute
". 27.29 chains to corner No. l tn
'lace of beginning And who, on Oct
[, 1919 made Add'l Hid No. 025557 TO
VIVA of SWM Sec. 8, TIP. IA North
range IS e. Il. NJ, has filed notice @
Intention to mae Three kYear Fina
Proof, to establish claim to the lam
,bove described, before Joseph H
Horton, U. S. Commissioner, at Cha,
is, Idaho, on the 10Th day of Septem
Der, 1921.
Claimant names as witnesses:
Guy Bradbury, Bert Lee, Merret
Shull, William Pierson, all of Cha
lis, Idaho.
BEN R GRAY, Register.
Au 10 Sept 10 out
The Challis messenger. (Challis, Idaho) 1912-current, 1921-08-24
ARE WE READY TO THINK?

How are taxes to be reduced at least how are thew t
be kept from increasing beyond the bounds of reason?
1t IS useless to complain about high taxation unless the
reon'e generally offered remedy which unacceptable
When the burdens of government begin to Cypress tn
Individual ne is inclined to blame the public official or 20
htlcal party in power at the time AS mater of fact th
attitude is somewhat like locking the door after the horse
is stolen.
AS the socaed standard Of living Of the individual il
Ills natlol mas increased SO as ~ "1aTls the city,
county and state governments increased
IN developing magnificent system of public undertake
lngs we have at the time developed tremendous ov
erhead and large number Of public employees
AS the successful individual must finally adjust his v
ing expenses to less figure than his income so must thu
successful community finally adjust it's tastes and demands
itself ~
AS nation we responsible for our own government
sanction and permit waste and extravaganza it is ol
own fault is useless to blame temporary public officials
whom we are responsible for putting in office If the peo
PIE wish economy and reduction in tax burdens it lies en-
trey within their power secure them Honest anc
eclent public service should be recognized by retaining
capable officials in their positions The right kind of mer
snoud ne encouraged to go into public service by know
edge that nerorious work in public life will be recognz
ed as badge OF honor in the community
Unless we are ready to curb demands for public ex
PenduFes It is useless to complain about the increasing
burden OF taxation. We must set the example which we
expect our public officials to follow.
The Challis messenger. (Challis, Idaho) 1912-current, 1921-08-24
NoT,cr Eop FERTILIZATION
Sakial M. N2G267

Serial NJ o2626f ,i,r. l.
Department OF me interior q D.
Land, Office at HALEY, IDAHO June
IA, 1921. o.o..
Notice is hereby given that oscar
Taylor, of Challis, Idaho, who' on June
IL, i9sb. made Desert Land Eh'rs'
No o26267, for seq NE1; section D.
Township - N, Range %, East boise
Meridian, has filed notice of lntentioh
to make Final Proof, to establis,l
claim to the land above described
before Joseph II. Horton, U. 5. Com
missioner, At Chalis, Idaho on the
Goth day of September, 1921.
Claimant names as witnesses:
William Millick, Daniel Breyer
Charles, Potter, Geore Bradshaw, all
of Challis, ldah" :.
BEN r GRAY, Register.
Aug 10, Sept II out
The Challis messenger. (Challis, Idaho) 1912-current, 1921-08-24
NOTICE FOR PUBLICATION

y "a
Department Of the ihlsriof. Q! $
Land Office at HALEY, Idaho, August
10TH, 1921. 80
Notice is hereby given that Donald
Rowles, OF, Stanley. Idaho, who. on
December 6, 1916, made Forest Home
stead Application, No 02120o, for a
tract of 1896 acres within the Chal-
lis National Forest in surveyed Secs.
13 and II, T. il ~, r. II E. B. M.
embraced in List 4-1o12 H. E. S. 577
more particularly described by metes
and bounds as follows: Beginning at
Cor No. /. which Is located on he
East boundary line of Sec. IA, T. II
N, IL: u e. 1884 chains South of
the NE Corner OF said Section IA:
thence N. IS degrees IS minutes east
1872 chains to Cor. No. 2; thence S.
16 degrees q minutes L. 27.73 chains
to Cor. No. 3; thence s. 16 degrees SO
minutes E.. 37.47 chains to Cor No.
4; thence S. 81 degrees 81 minutes
N. degrees % minutes<W. 51.18 chs.
to Cor Nc. G; thence N. So degrees
IS minutes E. $50 chains to Cor. No.
/, the place OF beginning, has filed
notice Of ihtehtioh to make final three
year proof, to establish claim to the
land above described, before H. H.
Marshall, U. s. Land Commissioner,
at Stanley. Idaho. on the 9th, day
of September, 1921.
Claimant names as witnesses:
Madison Womacks. Henry Duffy, w.
3. Paul, w. l.. Rose. all of Stanley,
Idaho.
BEN r. GRAY, Register
Aug. II Sept 81, 1921.
The Challis messenger. (Challis, Idaho) 1912-current, 1921-08-24
NOTICE FOR PUBLICATION
Serial No. O2O242

Serial No. O20242
Department of the Interior, U. S
Land Office at HALEY, Idaho, July
20, 1921.
Notice is hereby given that Wade
H. WoOdson, of Challis, Idaho, who
IN November 10, 1915, made Home
stead Entry, No O20242, for ME- NV
4, NWA NEh Sec. 26, NEA NEA
Section 81, Township 10 North Rang.
10 East, Boise Meridian, has filed no
lice of intention to make final three
year Proof, to establish claim to the
land above described, before JOSEPH
H. Horton, U. S. Commissioner, a
Challis, Idaho, on the LIST day O.
October. 1921.
Claimant names as witnesses:
John e. Bradbury, George Coryell
Frank Woodson, George Benefits, al
of Challis, Idaho.
BEN R GRAY, Register
Aug 10. Sept "a out
The Challis messenger. (Challis, Idaho) 1912-current, 1921-08-24
CIR Ghallta MrBHrngrr
& iy M. A. DILLINGHAM;, Editor and Publisher
: Published Every Wednesday at Challis, Idnho
THE WAVE OF LAWLESSNEsS

THE WAVE. OF LAWLESSNEsS
Halt OF the space in the metropolitan newspapers today
Is used to report obberes hodups MURDERS suicides ard
CISCO daily the life history Of of the most noted recent
tfaln fohhers IS being in sensational form tending
maze martyr out OF the and idolize him in the eyes
Il the Youth Of the land
recent report Of hod-up Of two women in San Fran
cisco says I hate to do it. lady, but up against it.
Tive me work and won't have to rob- you scream will
snoot The general impression left in the readers mind
atei reading the story is that it necessary for gen
tleuan hlghWayman to get money in this manner.
Inc papers In various cities full of similar instances
obberes and cases Of law breaking are due to standards
Of living which have been developed beyond the means Of
the INDIVIDUAL to satisfy Too many persons drew more
ever Dc able to earn though ability skill again Preach
ers OF discomfort have tried to make millions believe thai
tney are entitled to living from other mans work
tne minds OF thousands Of criminals and woudbe crim
mails before the present of crime can be curbed