davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-09-21
CONSOLIDATED EXCHANGE.

Renewed liquidation was the chief in
industrial groups during yesterdays
trading in the Consolidated Stock Ex-
change. the Pan-American oil, the
motor. the steel and the speciality stocks
In scope OF losses, which were point to
points In the more active issues. The
rails were neglected and fractionally
lower There was moderate general inn
proyement from low marks on short
covering In the final quarter hour. De-
clines OF as, at the minimum, In Mexi-
can Petroleum to 1861, 3 in Pam
American to 4sT, 3 in Chandler Motors
Eek dividend 1ih) to 4115, 2% In
Famous Players to 52A and 2M In
General Electric to 121M were out
standing features.
Crucible Steel was offered down 1M
70 59%, United States Steel 1h to 77N
Bethlehem Steel B III to 53is. Repub-
lie 1 u to SO. Baldwin Locomotive 2 to
S4%, General Asphalt 1% to 47%,
United States Rubber IL TO AZ. Inter-
national Paper IN to 46%, Kelly
Springfield lis to 40N, studebaker 1ss
to 73, General Motors to sN. Tobacco
Products IN to 66, American sumatra
to 41E, Atlantic Gulf III to 25b
Texas Company to 34X, Middle
States TO 11%. Sinclair to 10, American
Locomotive to ss. International Har-
vceter " to 7sh, Reading 1is TO 6oM.
Southern Pacific to "a and Northern
Pacific to 76%.
The New York herald., 1921-09-21
BRITAINS FAR EAST
TRADE IS LOOKING UP
Exports Improved 100 Per
Cent. in 1920.

Great Britain's export trade with the
Far East improved about 100 per cent
In value during 1920. compared with
that OF 1919, and the trade balance con-
tinued to improve in her favor during
the first half of this year. according
to official returns OF the British Board
of Trade.
In circular outlining the boards
report, the Bankers Trust Company
says that a favorable balance OF co.
069,000 was reached In trade with Japan
from January to July. In contrast to
f2,s9o,000 in the corresponding 1920
period. With China, Great Britain's
favorable balance for this year was
IS. Sos. 900, against f6,0S1 900 In the COR
responding 1920 time.
The detailed figures Indicate that
Great Britain transformed in 1920 n
previously unfavorable trade balance CT
E2.000.000 with China into a favorable
balance of f17.o0o.00o, and reduced a
balance OF 100000 against her in the
Japanese trade TO f1.6o0,000.
The New York herald., 1921-09-21
SYNDICATE BUYING
LAND IN GEORGIA
Tracts VIII Be Divided Into
Units, Improved and Sold
to Farmers.
Trustee

Important real estate and banking In
terests Of New York. Richmond and Au-
gusta have formed a syndicate to pur-
chase $4,000 acres OF land In southern
Georgia The corporation has an initial
capital Of 100000 and Is called the
Southern States Development Company.
Among those interested are James c.
Brady, Nicholas r. Brady. Franklin Pet
tit, Frank NJ TAFT and william v. Grif-
FIN Of New York; Langbourne NJ Will
Jams of Richmond. and William II. Bar
rett and Dixon F. Kirkland OF Augusta.
Franklin Petit. real estate operator.
is president. william II. Barrett vice.
president and william +. Griffin treas
urer. These officers, together with
Messrs. TAFT Williams and Kirkland.
make up the board Of directors.
The land IL IN Coffee county, Ca,
about $50 miles south Of Augusta, run
ming along the line OF the Georgia and
Florida Railway
The first tract purchased is being d.
vided into about 150 units Of somewhat
over 100 acres each. On these plots the
company will build dwellings, barns and
outbuildings. and will clear and plough
a part Of each unit A portion will also
be fenced. and these plots will be turned
over TO farmers ready for occupancy
Building on the first plots is under way
and is expected to be completed by De-
cember /.
The New York herald., 1921-09-21
BUYING CURTAILED
BY RETAIL BOOSTING
Final Sales Prices Must Be in
Line With Raw Materials,
Says Bank.

Any attempt to put retail prices on a
curtail buying and therefore fail; retail
prices must be reduced until they are in
line with raw materials, SO says the
National Bank OF Commerce. contained
In it's review of the money and market
situation.
There IL no justification for any
worldwide rise In prices" the bank de-
clares. Producers of raw materials
from the farmer to the metal mine op-
orator have taken their losses. Those
classes of labor which have accepted
wage reductions in keeping with the
changed economic situation have like
wise taken their losses. while other large
classes OF labor have done so indirectly
as a result of unemployment The con-
ciusion is clear. Retail prices cannot go
up without promptly curtailing buying.
They must be reduced until they are m
line with raw materials.
because Of uncertainty as to what
the cor sumner can and will buy retailers
generally are ordering with great eau
tion while many wholesalers In turn are
refraining from placing advance orders.
The adoption at any stage from manu-
facturcr to consumer of policy directed
toward generally higner prices 70 tne
consumer will not only curtail buying.
but will result I'm slowing down the
gratifying progress already made
Domestic conditions do not entirely
govern. There are international condi-
tions 10 be reckoned with. The only far
sighted policy is the expeL sion OF sales
on a narrow margin of p.sfit.
periods OF genuine. as contrasted
with artificial prosperity. arc never
characterized by rapidly rising prices
Approximate price sterilization is their
prerequisites This follows inevitably
from the fact that the first principle OF
sound business of any sort Is operation
on the basis OF non-speculative profits.
The country is yet struggling to recover
from the effects OF excessive speculation.
THE United States sells more raw
materials in the International market
than any other single country. Hence
the purchasing power Of large part OF
the American consuming public is direct
ly determined by prices of raw mate
rials In that market. In so far as the
purchasing power of American labor de-
pends on the expectation OF manufac-
tured goods. II is likewise determined by
the International market, since Ameri-
can goods produced at costs above those
prevailing In other countries cannot be
sold abroad
The New York herald., 1921-09-21
NO ABNORMAL STOCKS
IN BRAZIL ASSERTED
Reports Characterized as
Propaganda by Chamber.

RIO JANEIRo. Brazil, Sept 20.-The
North American Chamber OF Commerce
mere made public to-day a resolution
1t had adopted declaring that reports
which have been circulated In the United
States and In Brazil regarding enor-
nous amounts Of rejected North Ameri-
can merchandise In the customs houses
at Rio Janeiro and other Brazilian ports
were BADLY exaggerated" These re-
ports. the resolution declares, constituted
"a veritable propaganda against North
American and Brazilian business inter-
ests which is causing a profound Inn
preston upon the buying market,
direc.iy and indirectly affecting orders,
shipments. acceptances. payments and
probably exchange rates to consider
able extent, as well as other factors
contributing to general business depres-
sion."
The passage Of the resolution was the
outcome OF an investigation by the
chamber following its receipt of ro-
ports from New York Of the formation
Of a syndicate to buy and sell NOR
chandise abandoned in South American
ports. The resolution says that abnor-
NAL stocks do not exist in Brazil and
that there is mot the least probability
Of the dumping Of cheap stocks on the
market either through so-called selling
syndicates or custom house auctions.
Rejected merchandise" 1t adds, docs
not exceed the quantity that is usual
under normal conditions. and the re-
ports are contrary to and not justified
by the facts. past or present.
The resolution expresses the utmost
confidence and faith In the stability
end progress of the Brazilian market.
The inveselgation was conducted through
a questionable sent to the majority of
the North American concerns.
The New York herald., 1921-09-21
FINANCIAL NOTES.

Charles NJ. Morse, formerly q member OF
the New York stock Exchange, 10 with Dal-
ton, Crowley a Co.
The New York herald., 1921-09-21
RESERVE COUNCIL
DISCUSSES RATE
Lower Redisoount Charge Con-
sidered in Connection With
Easier Money.

Special Despatch to THE New YORK HERALD.
Washington. ID. c., Sept. 20.
At the close of two day meeting
OF the advisory council OF the Federal
learned that the most important ques-
ton that engaged the attention of the
financiers was possible reduction In
Reserve Bank rediscount rates
At the Reserve Board tonight 1t was
said that no official statement OF the
boards decision on this or other mat
ters would be issued. Officials of the
board declared. however. that there had
been the fullest discussion and general
Improvement In credit matters. They
said that some Reserve banks would
call meetings OF directors before the
end OF the week and suggested that the
rediscount rates might be discussed In
those meetings. Whether those meet
ings will result In applications to the
Reserve Board to reduce the rates Is
not known. but the officials indicated
that the tendency was toward lower
ing OF the present rates and that
further reductions might come within
. short period.
1t is expected that the directors of the
New York Reserve Bank may be the
first to apply for authority to, lower the
present rates. That bank maintains a
flat rats OF 5h per cent on all classes
of paper discounted for member banks.
The next meeting Of the directors of the
New York bank will be held tomorrow.
1t was said. and the red;scount rate
question will be one OF ths matters dis
cussed. The directors OF the Boston Re-
serve Bank will meet on Thursday.
Gradual Improvement in the nations
business and industries was noted by
members of thu advisory council in re-
ports Of greater financial strength OF
practically all the ba sks of the reserve
system. The system. the reports show
Is In better position to meet demands.
improvement In the reserve ratio stand
Ing of some of the banks has been rapid
since the first of the year.
The New York herald., 1921-09-21

rhe copsrtnerphip Of 7. n. Noll 3 Co. has
been dissolved and It's business will be con-
tinued by I. n. Noil Co. Inc.
The New York herald., 1921-09-21
Toledo Edison In offered.

The National City Company and the
Union Trust Company OF Cleveland viii
offer to-day at 9s s2,5o0,000 Toledo
Edison Company prior preferred stock.
8 per cent. cumulative, series A. The
stock Is tax exempt In Ohio. An unusual
feature Is a sinking fund aggregatlng
per cent year to buy UP preferred
stock at or below los a share.
The New York herald., 1921-09-21

In the table Of transactions in the New
The New York herald., 1921-09-21
SUGAR.

The range OF prices In yesterdays
sugar futures market follows:
The New York herald., 1921-09-21

Morton Lachsnbruch Co., ~ Broad street,
The New York herald., 1921-09-21
NEWISSUE


$1OOOOOOO
PROVINCE OF ONTARIO
go Gold Bonds
rtanb~E D ptembH
$sss~ s+ IS Sss $ 6 s
No urHy
tkrs connche NwHa eandV Vermont
S vss rh I1ah a oP;y s % 1921 ass,mso a0S4ae0
tFundedD
9fas :H 81 Hs 300 900 g s ynaasm rant issoass
CO. snaeue e % By D& % caass5 G no" owned ana soossss
Assets % til: p.f%ns SS in.saas % s s, sinking % = .na.
A & snDonino ~
Popah "a
% T@a @ Is % esssof @ % @ % T
eBondsae ctandp at Province oanda achave
hneeaa nehein in owet thvy dhg lt1 Funds
by tefa the retirement al Pih fund
yndonun Otaion nCnada.k
ehano hdnd annu lprdt t If t Luf fctuedn
mms lprods 45
An nabundnce en uanpo alton sand plentiful
materials shaven d expansion dus nyandc
We thesBo sfor vstnnn
LEE, HIGGINSON & co.
BANKERS TRUST COMPANY E. H. ROLLINS & SONS
SPENCER TRASK & CO. CLARK, DODGE & CO.
The New York herald., 1921-09-21

York Stock Exchange. printed IN THE Nnw
yonE IIrsuf.D on Monday, thu quotations
for the American wetor Works and Electric
Cofnpany's first preferred and participating
preferred stocks Tere reversed through or
ror. Tho first preferred stock sold at ~
and tho participating preferred stock at 6M.
The New York herald., 1921-09-21
are distributing a new list OF bonds yielding
$50 To III per cent

bernhard, schoiic 4 GO. have prepared
list Of prime bankers accoptancos, covering
thirty banks and trust companies. TO run for
thirty TO ninety days, their rate OF discount
being ~ per cont. The acceptanccs are the
direct and unconditional obligations Of banlgs
issuing them and carry tho obligations of
their drawers and indorsera. Such accept
ancea are one Of the few types Of securities
which Federal Reserve banks may purchase
Ia the open market.
Every evening, Wilmington daily commercial., 1921-10-04
CECIL COUNTY NOTES.

Special Correspondence Every Evening
Elkton, MIDI, Oct. 4.-George Helmes
of Washington, ID. c., was arrested,
yesterday, by the State motor police,
charged with running a machine while
he was intoxicated. Justice Frank G..
Pratt, imposed a fine of $50, with costs.
Winfield jackson of Perryville, ar
hcsted ON q chsrgel Of disorderly con-
duct while under the influence of liquor
was sentenced by Justice Cobourn, of
Perrvville, 10 six months in the House of
Correction.
Nj. 5. Harber. for several years section
foreman for the Pennsylvania railroad
al Elkton, has resigned and accepted a
position in Kentucky.
Joseph III. Crockett and Bessie Nj.
King, both of Wilmington, were granted
marriage license in Elkton yesterday,
Cecil county farmers have about
finished cutting the largest com crop
for many years, but the price promises
to be considerably lower than in recent
years.
Powers Foundry Co. plant, in Elkton,
has closed for an indefinite period, due
to lack of orders.
Two federal agents are spending few
iavs In the upper section of Cecil county,
watching the illegal sale of liquor IN that
section.
Active work has begun in tearing
down the walls OF the old M. +. Church,
at Rising Sun, which was destroyed by
fire in june, and as soon as the ground
is cleared, work of rebuilding the church
will begin.
Taking lantern too close TO a gaso-
line engine, H. c. Cullen, was painfully
burned about the face and arms by the
sudden fare-up that followed.
Every evening, Wilmington daily commercial., 1921-10-04
NEWS OF LAUREL.

Laurel. Oct. Arthur B. Dykes of
Hampton, Va, is spending some time
here with his mother, Mrs. Benjamin
Dykes
Morris Leibowitz and family and
Mark Levy and family have been SPEND
ing several days with friends and rela-
tives IN Baltimore.
Mr.. and Mrs. E. Clinton Ward left
this week for California, where Mr.. Ward
has secured a position.
NR. Sidney Studley left this week for
Harrisburg, Pa, where he will spend a
few DAYS before going to Florida, where
he will spend the winter months.
Claude Prettyman, who spent the
summer here with his parents, MIR. and
Mrs. Joseph Prettyman, has gone to
Plainheld \. j., where he viii spend
the winter
Clarence Mitchell, automobile me
chanic. was stricken with paralysis al
his home here, a few days ago, the LEFT
soide of his face being affected.
Mrs. Paul X. Phillips is spending
some time with friends and relatives IL
Philadelphia.
Captain and Mrs. Eley ]. Cordrey oi
the barge Superior, Philadelphia, are
with friends and relatives in Bethel.
Mrs. Jacob b. Wright is visiting Ii
Marcus Hook, Pa.
Miss Thelma Moore has returned tC
Washington, D. c., after spending {
month here with her parents.
Harrison Moore, who Is employed OF
the tug Mildred, Baltimore, spent-a fep
days last week with his parents IL
Bethel
A new water tank has been erected a
the plant of the Delaware Ice Cream Co
Every evening, Wilmington daily commercial., 1921-10-04
MOTHER GOOSE SONGS
SUNG BY NINE. HOMER
Splendid Musical Program by
Famous Artists Heard on
New Victor Records.

New Victor records just issued Tor
october include large number OF
charming rcnditions which have made
decided hit with the muslcg lovm
public For instance Sidney Homer has
taken a number of Mother Goose
rhvmcs and made of them q medley
and as sung by his wife, Nine. Louise
Homer. prove delight to the children
and tothcir elders.
Another interesting record is 'sGolliA
woggs Cake Walk" played by that mas
ter pianist Sergei Rachmaninof and is
regarded as n graceful Gallie tribute to
the Afro-American ceremonial dance
that every American knows. The
Philadelphia Orchestras newest record
Is Sibelius symphonic poem, Pin
l2ndia' Of which a brilliant interpreter
ton is give
The recent revival of the musical
comedy "Fiorodora" has brought with
il demand for "In the shade of the
palm" one Of the numbers which most
contributed to its fame and this record
by Emilio De Gogorza is the result.
Erika Morini has a splendid violin M
depreciation frcm Faust and Sophie
Braslau contributes popular song,
"Nly laddie Boy"
Besides three orchestras which have
been making Victor dance records there
are introduced in the October list three
new organizations besides a wealth OF
new vocal and instrumental numbers, all
tending to make up program of music
which is spread before the music loving
public and which win undoubtedly be
heard in thousands of homes through
out the country where the Victrola Is
looked 20 for musical entertainment.
Every evening, Wilmington daily commercial., 1921-10-04
TO AID PENN's GROVE IDLE.

Penn's Grove, n j., Oct. 4-The un-
employment situation here has become
50 serious that fraternal orders and the
borough authorities have united TO raise
funds for the families Of men, many of
whom have been out of work a year.
The borough appropriation has been ex-
hausted, Charles r.. Leonard, oyerseer
of the poor, reported.
Two benefits given by home talent
netted several hundred dollars, which
is being distributed by Recorder Edgar.
Sales Of articles donated by merchants
and others are also the source Of a
small amount of revenue.
The Community y NJ G. A. has
established an employment bureau aud
has more than 400 applications on file.
Farmers and merchants wanting help
for few days have begun to use the
services of the "Y" bureau, but very
few permanent jobs have been obtained.
Every evening, Wilmington daily commercial., 1921-10-04
CHEsTERTowN AND VICINITY.

Special Correspondent Every Evening
Chestcrtown, Md, Oct. 1.-Two
Negro BOYS went on n rampage IN Rock
Hall. SATURDAY. night, and with pistols
apd knives proceeded ta "do up the
town. They shot out window panes IN
houses, tore up gardens and threatened
60 shoot a number of residents before
they were arrested They were hailed
before two justices of the peace, who
could find no evidence against them.
The matter was Immediately reported to
States Attorney 5. Scott Beck, who
ordered deputy Sheriff Jester to arrest
the boys and bring them to jail here. On
the way 10 Chcstersown one of the boys,
who had not been handcuffed, drew
pistol and threatened TO fire upon the
officer. who overpowered him and
landed him safely in Jail. They are held
for the action OF the grand jury.
The co nerstone the new ki n
Neck Methodist Protestant Church was
laid, Sunday afternoon in the presence
Of very large congregation from all
parts Of the county. Services were in
charge Of Rev. A. F. T Rsum, pastor of
We ley Chapel NJ. p. Church OF which
charge the new church IS q part.
Bishop George Davenport paid his
official visit to Emmanuel Protestant
Episcopal Church, Chestertown, Sun
day night and confirmed a class OF ten
young ladies and gentlemen.
The total enrolment OF students at
Washington college will touch the 100
mark by the time all the students have
reported. There are already lis en-
rolled and new students are coming n
every day.
William Anthony, who has occupied
the Crane house in Millington for a year
or more. has moved to Chester. Clarence
Wallace. of the Cochran farm, has
taken the house vacated by Mr.. An
thony.
The total number of voters In Kent
county, as recently given out by the
Board of Supervisors of Elections, is
1909. OF these, 1854 are registered as
Democrats and 3,911 as Republicans
with $50 declined" voters. There are
4.7l2 white voters and 2, ,297 colored.
John l.. Speicher, Jr., has announced
his candidacy for the Legislature on the
Republican ticket He IS q young busl
ness man Of Chestertown.
Miss Miriam Jones, a former teache
IN the FELTON, school, and daughter o
Prof. J. = W Jones, of the Washington
College faculty, has gone to the Uni
versitv of Maryland, where she will TAX
postgraduate course IN Domestic
Science.
William Ford. superintendent of th'
County Home, observed his Goth birth
day anniversary Sunday and is enioyin!
good health. Mrs. Joanna Trew oh
served her seth anniversary last Frida.
At her home on Front street, and Mrs
]. Lacy Dodd celebrated her 10th tn
same day a. her home on High street.
A resident of Chestertown who own
four fine cows. has realized 81, 600 from
the sale of milk and calves during tn
past year.
r. G.. Nicholson, IS preparing to en-
large his Chestertown ice plant; NernoI
NJ Barnett is erecting a big garage ol
Kent street to house bis Colchester lin
busses.
:. :. yansant has sold his Quake
Neck farm to Raymond and Augustu
Startt A part viii be added to Ra
STARTS place, and his brother will ii
the remainder.
Every evening, Wilmington daily commercial., 1921-10-04
EMPLOY ONE MORE WORKER.
kiawanis Clubs Head Tells How To
Solve Problem Of Idle.

BY Associated Press to Every Evening.
Chicago, Oct. 4--"Put one more man
on the job is the latest message of
Harry T.. karr of Baltimore, president
of the International Association OF
kiwanis Clubs, to that organization. He
points out that inasmuch as every one
of the sixty thousand members of
kiwanis are owners of their own business
or chief executives in prominent cor
porations, they are in q position to
relieve the present unemployment sltua-
tion to no mean extent Not only would
the Job receivers benefit but the 200, 900
people dependent upon them would be
materially helped
Mr. Karr thinks that there are very
few employers in the country who cam
not make some slight addition to their
working forces.
Every evening, Wilmington daily commercial., 1921-10-04
ACCIDENTS ouTSTRIP WAR.
More Killed in Mishaps Than in 10
Months Fighting.

Hartford. Coma, Oct. Accidents
took n greater toll of life in the United
States in the 10 months that this coun-
try was in the World War than the total
of Americans killed in the war in that
period, said statement issued by the
Conneetiut Motor Vehicle department
in connection with the observance of
''Safetv Week" in this State.
The total of deaths from accidents in
the war period was given as l26,000,
against a total of so, $50 American sol
iiers killed in war activities. OF the
Connecticut men in service, 1,265 died,
while in the same period 2,039 persons
in this State were killed IN accidents.
Automobiles were responsible Tor $50
of these deaths.
Every evening, Wilmington daily commercial., 1921-10-04
Is VISITING TEACHER.

Laurel, Oct. Airs. Laurence b.
Riggin has received notice Of her ap-
poiatment as visiting teacher for the
western portion of Sussex county, ard
entered upon her new duties this week
The position carries with it great respon-
sibilitv and will take the place of at
tendance officer.
Mrs. Riggin is a graduate Of Western
Maryland College and has had consid-
erable experience in teaching.
Every evening, Wilmington daily commercial., 1921-10-04
EVERY EVENING
Cl.ASStFIED ADVERTISING.
undesed for Quick Reference

Cl.ASSlFlED ADNERTlSlNG.
Qndexed for Quick Reference.l
LINE RATES PER DAY.
Count six words TO the line
Count initials and numbers as words.
No charge ad taken for less than 3Oc.
No prepaid ad taken for less than 25c.
Charge. Prepaid.
Day y....................s~ IA cents IL cents
Consecutive Days. IL cents 10 cents
Consecutive Days. 9ocnts 4 cents
LONG TERM ADVERTISING.
Special rates for business advertising
given upon request.
REPUBLICATION FOR ERRORS.
Republication will be made for errors
not the fault of the advertiser. IL advertise
er will report the error within "a hours
after first publications of advertisements &
MISCLASSlFlCATlo NOT PER
MITTED.
TELEpHONED ADS.
Classified advertisements that are teie-
phoned to Every Evening will be accepted
at the charge rates shown above. But
the prepaid cost amount win be accepted
as full payment If offered at the business
Office within six days after any such ad
lis first printed in the paper. otherwise
the cost at the charge rates quoted above
will be collected.
Telephone Your Want Ads.
PHONE TWO-TMo-HUNDR
Ask for a Want Nd Taker.