davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03

Typothetae and only $500 OF that num-
Der had closed shops.
Vigorous talks In which the principle
of the shorter work day was upheld
and declaration made that the 100000
printers and the 10000 women OF the
bookbmder's union would fight against
any opposition were made by various
union officials
G. l.. Berry. president of the press
bookbinders union would fight against
proposal John w. Hays. secretary OF
the typographical union. declared the
unions could fight Just as hard as
ever" John Mcfarland. president OF
the typographical union. predicted that
the employers would have the greatest
fight on their hands ever known In the
printing industry II the forty-four hour
week was not instituted May I.
Hope that the Joint council would be
able to iron out the difficulties was
voiced by several other speakers. Will
lam Green OF New York, where the
movement originated. expressing the be-
lief that the employers who ratified the
shorter week in 1919 should stick to
their agreement Negotiations should
then be worked out. he said. to cover
the other employers OF the country.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03

to deduct from wages beginning April
20 the amount OF the proposed reduce
lions. and that In event the United
States Labor Board decided against the
cuts. the company would refunt hr
amounts taken out. This proposal LAKE.
wise was rejected by the brotherhood
officials.
The conference closed after repre-
sentatives of both sides had voted 10
submit the case TO the Railroad LABOR
Board.
To-day's conference was the second
of a series between representatives OF
the road and its employees. The main
tenance OF way and structures ana
unskilled forces refused to accept re-
auctions of from 10 to . per cent.
Wednesday.
The next session win be held Mon
day, when the shop crafts representa-
tives are to so into conference with
the managers.
w. r. Cage OF Baltimore, chairman OF
the employees committee SAID to-nlsht /.
I'VE are so confident of the justice OF
our cause that we readily agreed 10 JOIN
the company in putting the dispute up
to the Railroad Labor Board" In re-
jecting the company's proposals TOT
wage cuts, Mr.. Cage said. the Commit
tee gave the following three reasons.
1--WE believe there has not been sulti-
cient change In conditions to warrant
reduction in wages al this time.
Rates Of pay Of crafts in other IN
duatries, submitted for comparison
show that even after such crafts have
accepted wage cuts their rates OF pay
are still far above the pay of signalmen
Finally, the reductions proposed are
not horizontal. but aim to reestabiisr
differentials. which is contrary TO the
terms of existing national agreements
and destructive of the standardizing OF
pay"
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03
PRINTERS HOLDOUT
FOR A HOUR WEEK
Employers Declare 1t Would
Mean Business Suicide in
Industry.

CHICAGO. April 2.--Declaration by EN-
ployers that the forty-four hour week IN
the printing industry meant business sui
eide and Federation OF union heads that
failure to accede TO the shorter week
would precipitate the greatest fight in
the trade history marked to-day's con-
ferences OF the international Joint con-
ference council of printing employers
and employees.
The controversy hinged about a ref
ereDdum vote taken In 1919 by the five
unions OF the printing industry favoring
establishment Of the fortyfour hour
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03
ATTACKS LOCKOUT.
La Guardia Addresses Cooper
Union Mass Meetfng.

Fiorelio II. La Guardia. President Of
the Board of Aldermen. addressing .
Cooper Union meeting of the Sons OF
Italy yesterday. attacked the clothing
manufacturers for '1ocking OUT thcu-
sands of workers. and encouraged the
workers to stick. It was the only way.
he said. by which the old "sweatshop
game" could be beaten. Six hundred
members OF the Sons Of Italy were pres
emit. and members OF the Amaigamated
Clothing Workers OF America filled the
rest OF the auditorium.
Resolutions asking the municipal and
State governments to intervene In adj
justing the situation were adopted. Most
OF the addresses were In italian. Prof.
J. w. Perilli. president of the italian
Hospital. was one of the speakers.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03

With Retroactive Increase :, q
M SI02,4ID,6SO Last Year.

for 1920 amounted TO ss.7ss.s1s, 1ss. the
Interstate Commerce Commission an
ncunced to-day. Wages for the first
quarter OF the year were s795,6l6.330
for the second 1901. 063.s for the third
s1,052, l0s.45i and for the fourth $685.
coo, 7s7. with the back pay for May and
June under the retroactive increase OF
July 20 amounting to approximately
s102.4 $50 to be added In the total
Wages for the first .wo quarters were
on the basis OF pay prevailing before the
increases granted by the Railroad Labor
Beard.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03
UTICA PRINTERS STRIKE.

UTICA. April -Four local job print-
ing shops in this city were closed when
union printers failed TO report for work
this morning. The plants posted notices
that they would be run as open shops
at the expiration of the existing agree
me4t May /. Efforts will be made
Monday to open the shops with nom
union men. About twenty-five men are
affected
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03

Building Trades Council. accepting the
proposition pending arbitration OF its
State Board OF Cancellations 81 an hour
differences with employers.
The arbitration decision was reached
after an all night debate. All OF the
workers involved will return to their
jobs Monday, II was reported.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03
o. AND w. TO, CUT WAGES.

Special Despatch to THE NEw Yonx HrnAIp.
MIDDLErowN. N. Y. April 2.--Nearly
1000 employees of the Ontario and
Western Railroad including clerks. train
and engine callers. baggage room en-
ployees. freight house and transfer fore
men. will have their wages revised down
ward on May /.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03
LEHIGH STUDENT browns.

ALLENTOWN. Pa. April &c. H.
Burner Of New York, a student at Le-
high University. was drowned to-day
and r. A. Hale of Washington narrowly
escaped a like fate when their boat cap
sixrd in the LehiGh River at Bethlehem.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03
PACKING STRIKE ENDS
Agreement Reached on Arbitration
OF Dispute.

Special Despatch to THE NEW Yoax HnaALp.
CHICAGO, April 2.--Tne strike OF 1900
Union Stock Yards workers employed by
the Independent and William Davis
Packing companies. was settled to-day
by Judge Samuel Alschuler, to whom
the matter was taken as arbitrator.
The men will go back to work Mon
day. The question OF seniority rights and
the number OF nouns will be taken up
by the arbitrator next week.
The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-04-03
BOSTON STRIKE ENDS.
Building Trades Accept Con
Citation OHer.

BosToN, April 1.-THE strike of $4,000
workers in the building trades which
has been in effect since January 10
was ended here early to-day, the United
The Birmingham age-herald., 1921-11-04
LOWER REDISCOUNT
 RATE PUTS PEP INTO
 WALL STREET LIST
Call Loans Dropped From Five Per cent to Four and 0ne-HaIf, But on De-
 mand Went Back Up
By Associated Press

New York, November 3-Compre- hensive and substantial advances of prices on the stock exchange today were influenced solely by the lower rediscounts announced by nine of the 2 federal reserve banks and con cured in by the Bank of England.
 Financial interests generally re- garded this as striking evidence that deflation at home and abroad had made further marked progress and that easier credit conditions soon would prevail in the world leading markets.
 The local money market reflected these phases for d time, the 5 per cent opening quotation for call loans soon being cut to F per cent. Later, however, on an insistent demand for funds, the rate rose to l5 per cent, that figure holding at the close.
 Bonds made a better showing rela- lively than stocks, most of the sev eral Liberty series recording highest prices of the year with Victory 1 94 per cent notes, which rose to par, on extensive accumulation.
 Oils, steels, motors and equipments, more or less as named, were in the forefront of the days operations at net gains of 1 to points. Mexican Petroleum again being the outstahd- ing feature. Rails were handicapped by fresh labor disturbances and va rious specialties, including tobaccos, and the issues of the several mail or dez and chain store group strength ened on pool support Sales amount ed to 550000 shares.
 Apart from q new low record for German marks at 45c for foreign eX- changes strengthened after early ir- regularity. Trading in bills was linn tied. however, largely to British and French relnittances
 The speedy sale of the new Chilean $in.5u0.O0O loan offered further proof of sound investment condi- tions Various railway and indus trial bonds strengthened on the ac- ton of the federal reserve board and internationals were better. Total sales. par value, $17,275,000.
The Birmingham age-herald., 1921-11-04
FLEECY STAPLE
 WAS STILL IN AN
 UNSETTLED SHAPE
General List Barely Steady at a Net Decline of Ten to TWenty-Three
 Points
By Associated Press

New York, November 3.-The cot ton market was irregular and unset tied again today. It showed consid- erable steadlness during the early trading, but finally weakened with January contracts selling off from 1S.64c to 1S.27c, and closing at that figure. The close was barely steady at net decline of 10 to 23 points. The opening was steady at a de- cline of points to- an advance of $ points, with active months selling about 12 to Is points net higher right after the call. The reduction in the rediscount rates of eight federal re- serve banks was regarded a very en- couraging feature and there was some buying on the steadied ruling of Liverpool. which private cables at tributed partly to the reduction in the Bank of England rate. The advance met scattered southern selling, how ever, and the market soon turned easier.
 There was another bulge on cover ing early in the afternoon. which was accompanied by reports of a better spot demand in the southwest, but the undertone showed no improve iltll diu BIiCtS WtdhGUtu dRdln III the last half hour under increased hedge selling with a renewal of local pressure. December sold off from 1S.75c to 1S.40c. and March from tS.55c to 1S,20c. Closing at about the lowest prices of the day.
 Conflicting rumors or opinions as to the probable showing of ginning returns may have accounted for some of the earlier fluctuations. The easier ruling of central European ex- changes, weakness in the grain mar ket and the reported suspension of two or three more small country banks in grain or cotton \ sections
 were considered partly responsible for the unsettled average of senti- ment. and doubtless tended to check ! demand if they did not inspire much selling.
 The reappearance of dollar wheat in the Chicago market attracted con siderable comment and question was raised by some traders as to whether cotton could be maintained above the 1Sc level with grain sell i ing at todays prices Houses with , western connections were buyers of cotton early, but were credited with selling in the late trading.
The Birmingham age-herald., 1921-11-04
SUGAR MARKET Ry Assoeiated Preaa

New York, November 3.-The raw sugar market was quiet and un- changed at 4.06c to 4.11c for centri- fugal. There were no sales reported. The raw sugar futures market was steader today and closing prices were to points net higher, all though the volume of business was smaller The advance was due to scattered covering and trade buying, with offerings light. December closed at 2.43c; March, 2.29c; May. 2.5fc; July, 245c There were no changes in refined sugar, with fine granu- lated listed at 5.20c to 5.30c. The de- mand continues in fair proportions for prompt shipments, which re- liners are still unable to handle, al though the situation is improving on account of the more liberal arrivals. There were no transactions in refined futures and closing prices were up- changed to points net lower. De- cember closed at 5.40c; March, 5.30c and May 5.30c.
The Birmingham age-herald., 1921-11-04
NEW YORK COTTON
NEW ORLEANS COTTON.

New Orleans, November 3=A ner- vous and undecided market prevailed in cotton today, with numerous and quick fluctuations. which seemed to be mainly the reflection of uncer- tainty over what to expect in con nection with the fourth ginning re- port of the season, due next Wednos- day. The rumor that a private bu- reau was out with a report showing 6,S00,o00 bales ginned to the first of November was construed both bearishly and bullishly. some traders claiming that it proved eonclusively that the government was too low In its crop estimate of 6.537 ,00O bales. while others considered that 1t was something to buy on, in view of the many reports from the interior that picking and ginning were finished, and gins closed for the season. The day finally wound up with prices : to 27 points under the close of yes terday. December closing at 17.S9c a pound.
 Overnight selling orders caused a drop of 5 to II points during the course of the first call. but the low ering of bank rates. both in this coun- try and in England. made such a strongly favorable impression that session of the market and carried 1t up for net gains, which gradually were widened to 13 to IT points, De- cember rising to 1S.25c.
 Around mid-session offerings com menced to increase and coal strike news seemed to be the deciding fac tor from then on. causing gradual sag until toward the close prices were 10 to 27 points down, net.
The Birmingham age-herald., 1921-11-04
PORT MOVEMENT By Associated Press

New orleans: Middling. 1S.5oc; re- ceipts, 10,514; exports, 25O; sales 947; stock, 454,11S.
 Galveston: Middling, 1S.S5c; re- ceipts, 11,354; exports, 11,354; sales, 533 stock, 41S,ls2.
 Mobile: Middling, 17.50c; receipts 95S stock. 20,75l.
 Savannah Middling, 1s.25c; re- ceipts, 2.952; sales, 216: stock, lSs,- 1856.
 charleston: Receipts. 75; stock 197.222.
 Wilmington: Middling, 1Sc; re- ceipts. 3S5; stock. 35.536. Texas City: Stock, S.S4S.
 Norfolk: Middling, 1sc; receipts 2.373: sales, 950 stock. l00,66o. Baltimore: Stock, 3,256.
 Boston: Middlng. 19c; receipts I.015; stock. $500. Philadelphia Stock, 6.9S2s
 New York: Mddling, iSS5c: stock 122.7ts.
 Minor ports: Stock, 2.6S7.
 Total today: Receipts, 2s,26l; ex- ports, 11,6O4; stock. 1.565,S4l. Total for week: Receipts. 213.3S9,; exports. 155,199. Total for season; Receipts. 2,S24,- 054: exports, 1,77S.7S2.
The Birmingham age-herald., 1921-11-04

month prompted realizing in the lat ter deliveries and March sold off to size, but there was d renewed de- mand for December around the S16 2 level, and a good part of the losses were recovered in the later trading. The close was to 16 points, net lower. Sales were estimated at about 50, 900 bags. December. S.65c; Jan uary, S5Oc; March. S.30c; May, s.25c; July S28c: September, S.25c.
 Spot coffee was reported in fair demand at S% c for Rio Is and 11% c to 12Ke for Santos As. Cost and freight offers were in moderate sup ply, including Santos 3s and 5s, rang ing from 1170c up to 12.00c. Rio and Victoria Is and ss were both offered at S.50c American credits.
 owing to the holiday the regular early cables from Brazil were miss ing. but a special cable was received reporting an advance of 175 to 259 reis in the Rio market and of 3s d in Rio exchange on London.
The Birmingham age-herald., 1921-11-04
WHEAT DROPPED BELOW DOLLAR
 MARK YESTERDAY
Lowest Price Touched in Six YearS-AII Other Grains Go Down in the
 Crash
By Associated Press

Chicago November 3.-For the first time since 1915 the wheat market to- day dropped to below sl d bushel. May corn, declined to the lowest level yet this season, following wheat for which there appeared to be no ade- quate support. Wheat closed heavy, 2%c to 3Ac net lower. Corn lost I1@1Ac to 1Bc, and oats F e ssc to %c. In provisions the outcome va ried from 2Ac down to a like ad- vance
 Word that large quantity Of wheat was practically unstable at Galveston and at other ports as well took the edge off the demand here for wheat, and accenJuated general belief that foreign demand for United States wheat had come to stand still. The fact that prices could break so far and so rapidly as they have done of late without encounter ing any export buying of consequence put bulls at great disadvantage The only strength which the market showed today was at the opening, and was ascribed to reports of dimin- ished unemployment in the United States, and to reduction of federal rediscount rates The days trading. considered as a whole, was not large, but selling on the part of houses with eastern utilization and by the northwest was persistent. Final deal ings were at the bottom level of the session.
 Announcement that the war finance corporation has worked out plan to warehouse the present surplus ot corn failed to check the weakness or corn and oats. December corn in par ticular was under heavy selling pres sure Smallness of stocks on hand helped to steady provisions.
The Birmingham age-herald., 1921-11-04
Some Surprises Shown
 Ouer PriUate Tickers
SHANNON & CO.'S LETTER

New York. November 3.-(Special) l. has been a quiet market in cotton, with trading light and orders ap- parently fairly well divided to judge by the narrow range of fluctuations. Bearish operators still reiterate their creed that you cannot have dollar wheat and 1S-cent cotton, and there has been further selling on that the ory, though no one in former days saw anything incongruous in wheat and 10 cents. There may be some mysterious connection now between the two markets. but our guess would be that the supply of grain for the time being Is in excess of what Is wanted, owing to most foreign countries having raised good crops, as well as this country. while the same Is far from being true as re- gards cotton.
 Some of the best in the grain trade are not in sympathy with the decline in the market, and believe 1t only a question of time when a large recovery will be seen there.
 Statistical comparisons promise to become increasingly bullish from now on. and while they may be ignored for time will play their usual part in determining prices.
 The stock market today has been comparatively dull and uninteresting. Mexican Petroleum has been the fea- ture owing to the attention recently directed to the smallness of the float ing supply. The oils in the main have been somewhat heavy despite the announcement of another increase in the price of crude. It looks like some profit-taking after the recent strength in these stocks.
 The sugar shares have done some- what better, as they have so long been under pressure. and the financ- ing lately of Cuba Cane has given some encouragement to the outlook The rails have been steady but very little doing.
 The public Is inclined to await the next step in the much discusseu need for reduction in rates and wages. Some hopes lately have been raised that the revenue bill pending in Washington may after all be shaped along the lines of the Smoot proposals, but the attitude of the leaders in the House is not encour- aging in this respect Sooner or later however. our extremely vicious system of taxation must be thor oughly revised We cannot go on having an excessive income tax with hundreds of millions of securities tax free being issued every year. Such policy will ultimately concen- trate the burden of taxation on ousl- ness and business men to the break- Ing point. We shall soon have the disarmament conference at Wash- ington. and this will undoubtedly focus public interest on the outcome of this most important matter For the moment the market Is trading affair.=Post & Flagg.
The Birmingham age-herald., 1921-11-04
Liberty Bonds Co to
 New High Records
By Associated Press

New York, November 3.--All Liberty bonds and Victory loan issnes today reached new high records for the year, presumably as the result of the federal re- serve boards action in reducing rediscount rates. Odd lots of Victory 4aIs rose to par during extensive trading in that issue. while substantial gains were re- corded in the Liberty issues, mo- tnbly the IA per cent series. The highest previous record for Vic tory 49zs was 99.S2, the lowest O4,7O,
The Birmingham age-herald., 1921-11-04
HANK oE ENGLAND

London, November 3.-The weekly statement of the Bank of England shows the following changes: Total reserve, decreased G1.221.0 Circula- ton. increased il 1.226,000. Bullion, in- creased f4.717. Other securities de- creased E1,291.000. Other deposits, de- creased fS5, 5,S53,0 ,000. Public deposits increased E2.f17,U00 Notes reserve, decreased f1,219,00O. Government se- curities, decreased f30632,0 900. The proportion of the banks reserve to liability this week is 15.31 per cent Last week it was 1911 per cent. Bank rate per cent.
The Birmingham age-herald., 1921-11-04
COFFEE MARKET

New York, November 3.-Recent sharp advances were followed by re- actions in the market for coffee fu- lures here today as a result of realiz- ing The opening was ' to II points lower and the more active positions sold t7 to 31 points below last night g closing figures, during the middle of the morning December eased off from S60c to S.49c, and part of the selling of that position seemed to come from the recent prominent buy
 CTS. The easier ruling of the near
The Birmingham age-herald., 1921-11-04
FOREIGN EXCHANGE

New York. November S.-Foreign exchange, strong. Great Britain, de- mand. 3.93Ss cables, S.93 5s. Sixty day bills on banks, S.90ss. Francs, de- mand. 7.3sA cables, 7.S0. Italy, de- mand, 40T; cables. 4.07l2. Belgian. demand 7.17h; cables, 7.1S. Germany, demand. 47; cables. ATE Holland. de- mand, 34.35; cables. 34.4l. Norway, demand. 1867 Sweden. demand, 22.93. Denmark. demand. 1855. Switzerland, demand, 1860. Spain, demand, 13.52. Greece, demand. f.45. Argentine, de- mand. 32.6s. Brazil, demand, l3.37. montreal. S2 S.
The Birmingham age-herald., 1921-11-04
BANK OF FRANCE

Paris, November S.-rhe weekly statement of the Bank of France shows the following changes: Gold in hand, increased 26000 francs. Silver in hand, increased 1S9,0oo, francs Notes in circulation, increased 367, ,626.000 francs. Treasury depos- it's, decreased 9.705,OO0 francs. Gen eral deposits, increased 1o3,SO9,OoO francs. Bills discounted, increased 236,SS4,O00 francs. Advances. de- creased 7.4S7000 francs. Fresh ad- vances to the state were 400,0O0,00O francs.
The Birmingham age-herald., 1921-11-04
INFERIOR MOVEMENT

 Houston: Middlng. 1S.60c; re- ceipt5, 1l,70S; shipments, l2,os3; sales, 4.94s: stock. 2S5,l01,
 Memphis Mddling, 1S.50c; re- ceipts. LIPS; shipments, 5,0Sl; sales 4.l50; stock, 257,6f7. Augusta: Middling. lSc; receipts 2,70S; shipments, 1,200; sales, 46; stock, 145.4S7.
 St. Louis: Middling. 19c; receipts 6,110: shipments, 4.35S; stock, 23,o55. Atlanta: Middling. 1S.S5c.
 Little Rock; Middling, 19c: re- ceipts. l,449: shipments, 1,374; sales l,052: stock. 50.622.
 Dallas Middling. 1S.20c; sales, 4.659.
 Montgomery: Middling. 17.5oc; sales, l07
 Total today: Receipts. 29.7oS; ship melts. 24,106; stock, 761.942.
The Birmingham age-herald., 1921-11-04
RICE MARKET.

New Orleans, November 3.-Rough rice, quiet. Sales reported, none; re- ceipts, 3,S24 sacks: millers' receipts 3.S24 sacks. Clean rice. quiet. Sales reported. 2.46s pockets Japan at 4h @4%c; 1.7S0 pockets Blue Rose at Sh @4Izc; 692 pockets Carolina at 5&c; 27 pockets early prolific at 3Ac. Re- ceipts, l-S40 pockets. Bran and polish unchanged
The Birmingham age-herald., 1921-11-04
Hubbard Bros. & Co.

Members New York Cotton Exchange, NeN Orleans Cotton Exchange, New York Pros duce Exchange. Associated Members Liverpool Cotton Association. Orders SOS Iicited for the purchase and 5ale of Cotton and Cotton Seed Oil for future delivery. Special attention and liberal terms given for consignment of spot cotton tor ds- livery.