davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-03-10
AMERICANFRM TO CONSTRUCT
LONGRALROADLINE IN BOLIVIA
New York Concern Signs Contract for $780,
900 Building Project.

cial interests. Frank A. vanderlip
was formerly chairman. The Ma
tional City Bank. New York. has
considerable interests In the or
ganization. 80 was understood. Sew
eral Of the largest United States
export firms in the South American
trade are also connected with
the corporation. The International
Mercantile Marine Company. one OF
the largest steamship companies in
the world, is supposed % have
close relations with IL.
For these reasons II was believed
here that the ss.5oo,ooo railroad
contracts may be the beginning OF
large Investments by United States
financiers In South American rail
roads and steamship lines. and In in
dustrisl ventures in Argentina and
Brazil 10 feed them.
This is very encouraging" said
Argentine Ambassador LsBreton.
i hope the belief 10 correct that
this means the beginning Of easier
money. better times and increased
Investments OF United States cap
ttal in our country.
Argentina has already completed
her part Of the railroad to the
Bolivian line. I am greatly graft
ned to learn that Bolivia has con-
tracted for building her part. Trade
from South Bolivia to Buenos Ayres
VIII undoubtedly be increased by
this new railroad. although l. am
not prepared to predict how much"
The Washington herald., 1921-03-10

Economic prophets have been
forecasting a better turn in busi-
ness Affairs for the past four
months or more. The prophecy is
no doubt correct providing no def
mite time limit Is set for the ex-
pected arrival. The fundamental
conditions are undoubtedly sound.
Our money. banking and credit sys-
tens have withstood an enormous
strain without showing at any time
the slightest evidence of breaking.
This Is due in a very large measure
to our Federal Reserve System,
which has been able-to absorb the
shock of shrinking inventories and
declining prices.
The present period has been char
acterized as the zero hour. On gem
eral grounds II would seem tfat
that is true and that at almost any
moment we may expect a marked
revival Of buying. 1t is said that
New York Is full of buyers who are
only waiting for a definite sign thar
liquidation Is complete to begin
their long expected replenishment
of stocks.
On the other hand, there is little
definite evidence that the bottom
has been reached in wholesale
prices. The January wholesale
price index of the United States De-
.partment of Labor shows a decline
of more than 6 per cent from the
December average. Wholesale quo
tations in February are distinctly
lower than for January. Brad
street continues to report that a far
greater number of commodities
show declines than advances In
price. As long as wholesale prices
continue to. decliae at their present
rate. 1t is idle to expect any re-
vival of buying except on a hand
to-mouth basis. Some little pros
pect of stabilization in food prices
Is shown by the fact that both
Bradstreet's and the Annalist's
wholesale food index has advanced
during the past three weeks. The
change Is not great. but it indicates
wHoIEsA
The Washington herald., 1921-03-10
LEADS RISE
ON GRAIN MARKET
Renewed Export Demand Ap-
pears, With Italy, France
and England Bidding.

CHICAGO. March s.-A renewal
Of the export demand for wheat,
with Italy and France in the mar
ket and England asking for cable
offers, coming on an oversold mar
ket. reversed the action Of prices
be a weak and declining market
into a strong and advancing one.
with all grains following wheat.
with prices 1sl Y C higher on wheat,
and unchanged to Nc on rye. Wheat
receipts were AZ cars.
Selling pressure in all grains was
heaviest at the start, when lowest
prices Of the day were made, show
ing wheat 3a4c under the previous
days finish. Local traders were
bearish on the larger farm reserves
than expected. Wheat reserves
were the second largest on record.
Offerings by local traders and COM
mission house liquidators were alb
sorbed by interests who saw moth
ing in the government report about
which to become bearlsh.
TIC TtpOEtS Ol
ness for export than reported Tues
day. which later in the day aggre-
gated 1,250.000 bushels to Italy.
combined with inquiries from
France with expectations of 1.5oU.-
900 bushels to be bought tomorrow,
also prospects of England coming
in as a buyer despite its recent
propaganda to buy wheat cheaper,
created a more friendly feeling to
the buying side. Early sellers be-
came urgent buyers in the last half
hour. and prices moved up AZ a5c
Corn failed to break as the trade
expected, and this was the basis
for a great deal of covering among
the largest operators. There were
several large lines covered early,
which took the surplus off the mar
ket and made il difficult for the
later buyers to get in. At the in
side prices were of lha1Sc from
the previous days close, while the
finish was at near the top at 7lka
lbc for May.
New York had buying orders for
May rye, but light offerings checked
business. Houses which bought
May sold July. Cash business was
light. Prices advanced &c for May
and 4Ac for July.
nd fotio
The Washington herald., 1921-03-10

In order to give more concrete
evidence on the decline which is
still taking place in wholesale
prices. we have prepared another
table giving a comparison of price
quotations on a number or impor-
tant basic commodities. OF the
seventeen commodities listed twelve
have shown a decrease in February
compared to January. while only
two have increased and three show
ed no change. In every commodity
except anthracite coal. there has
been. a marked decrease from the
high point reached in 1920. The
greatest drop has occurred in BIZ
luminous coal, which last August
was selling at the mine for S12 per
ton. but Is now quoted at only
s2.50. This is a decline of more
than 70 per cent. Cotton has drop
ped So per cent from its high price
in April. 1920. Corn, hides, rubber
and silk have all dropped more than
e5 per cent since the early months
of last year. The smallest de-
crease is shown in copper and steel
billets. The big decline in copper
took place prior to 1920 and steel
admittedly has not yet completed
its liquidation.
The Washington herald., 1921-03-10

The American international Cor
poration. New York. has signed a
contract for $500, 900 for new rail-
road construction in Bolivia, IL was
here yesterday This is the
largest amount of American invest
ments in a single South American
railroad project In many years, and
IN one of the largest ever made, Dr.
rector TAYLOR, Latin American divi-
sion, uepartment of Cowmerce, said.
The nee. road will be Of especial
importance to Argentina.
This $500, 900 American invest
ment for completing one of the most
important South American railroad
systems, viewed In connection with
the recent sal.0o0.ooo loan to Chile
and the Slo,ooo.ooo to Sac Paulo.
Brazil, by American banking groups.
gives promise Of q new period of
great investment of United States
money in South America" Taylor
said.
PaciAe Ports.
The new line will be built from
ouiaca to Atocha. Bolivia, the De-
partment of Commerce learned yes
terday. This will establish
through railroad from bueous Ayres
10 La Paz, Bolivia. with through
connections to Cuzco and Mollendo.
Peruvian Pacific ports. and africa
and Iquique. Chilean ports.
There is no railroad outlet from
Southern Bolivia to the East Coast
now. The new line will provide
outlet from Bolivia TO Buenos Ayres
and the East Coast. as well as
opening connection with the West
Coast.
Department OF Commerce oficials
said Buenos Ayres will probably
receive the greatest benefit from
the new railroad. II was also
pointed out that this line will I'LL
another gap in the proposed Pan
American railroad which. finally
II is hoped. will give through rail
connections from New York to
Buenos Aires.
Bank Interested.
The American International Cor
poration has connection with some
Of the biggest United States fnan-
The Washington herald., 1921-03-10
HUGE DEADWECHf !
TONNAGE DOUBLED
SINCE FEBRUARY [
Ship Boards Idle Steel
Vessels Now Total
502 Ships.
3,130,562 OF TONNAGE
In Addition to This, So Ships
Are Now in Process Of +
Completion.

The number Of Shipping Board
steel vessels laid up has been more
than doubled since February 1.
On that date there were 2ts idle.
representing a total deadweIght
tonnage of l.373ssI. On March 2
the number had been increased Co
502. with a total deadweIght tom
mage Of 3.I3o.5s2. The board bsv-
ing l.3ss steel ships in its nests
these figures represent a pereen-
tage increase OF idle ships from
l7.s TO sS.2.
In addition to the above. fhs
Shipping Board has a76 woocen
ships idle out of a feet Of 3s,s
also three out OF seven conerets
ships. Idle wooden and contrete
tonnage totals l.o2s.5ss deadwelght
so that the entire number Of Ves-
sells tied UP represent a deadweirht
tonnage Of 4.I5tleo.
Cost of "tie-up." which includes
fuel. and Wharfage. II any. has been
wages and subsistence OF cr.'. =.
estimated by Joseph n. Teaf -
his report, at tl.4s5 a month fSf
each steel ship and sSst q rronth
for each wooden and concrete rss-
sci. On this basis. the cost o. the
present idle Shipping Board nec IN
s927. SOC a month. This an, ID
does not include depreciation,aN-
surance. interest. OF repairs. Ss.,-
than those that can be done bk,,Se
crews.
in addition TO this the L. S. Ssip-
ping Board still had in proces %
building S. ships OF 6sf,3S dS.s,
weight tons on February Is. r.
sells completed from January sys
February Is amounted to ls steTs
Of l5l,35O tons. Three wene bfs-,
senger-cargo liners of 5000 der.~
weight tons. four tankers OF e,.q
200 and three transports OF 2sd. .
total tonnage. .I.b
Steel ships at present bundii
consist of two reauisitioned carlnl
ships of 2l.s0O tons. IS cara,
ships OF $4,000 tons building A.
American yards and four OF to.e.-z
building in Chinese yard. lt ST
tankers of l5O.sOo. three eoneuE "a
tankers Of 22.7oO and II passengr'-
cargo liners OF 22l.Ooo tons
The Washington herald., 1921-03-10
TROUBLE ABROAD
HITS COTTON SALES
Operators Wait for News
From Europe Before
Taking Steps.

NEW YORK, March s.-operators
in cotton continued in a waiting
mood today and trading remained
small. the disposition being to hold
aloof from the market pending fur
ther developments in the European
situation. Generally the list had a
better undertone today.
First prices were 2s to IS points
higher. May early selling at 1901,
Liverpool. Wall Street and room
shorts were the best buyers. The
initial advance met considerable
selling from the South and spot
houses. and there also were off@r-
ings for Western account. induced
by weakness in grain. The reac-
tion carried the market OF before
midday to- ll.s6 for May and 1890
for July. or within IL points Ct
yesterdays close.
Throughout the afternoon the
market was dull. but the under
tone was quite steady. Toward the
close a covering movement. COM
bined with a renewed demand for
spot houses and Liverpool interests.
gave the market a firm tone. Final
quotations were % to 40 points
net higher.
Receipts of cotton in bales al
some OF the leading points today
were: Galveston. 5.2s6; New Or
leans. S.ls2: Savannah, 1854: Bos-
ton, 635; st. Louis. 5.t73.
The Washington herald., 1921-03-10
Cash Grain Market.

CHICAGO. March 9.-Wheat, No. 2
red. $1.74h; No. 4 red. s1.70: No. 1
hard winter. s1.76k; No. . hard win
ter. s1.7O: No 3 Northern spring,
dark, dark siSsa1'55. Corn. No ; mixed
.s6c; No. 3 mixed. 63s63Ac; No. 4
mixed. 60Sa61 hsc; No. 5 mixed. 5s%
a60kc: No. 2 yellow. &c; No. , yell
low, 63a64lsc; No. yellow. 6o%a
SIC; No. 5 yellow. 5s%a60lac;. No
yellow. 5Shc; No. 2 white. SIC; No.
3 white. 6a363&c; No. white, 60% a
61kc; No. 8 white, 6oc; No. 6 white,
58hc.
The Washington herald., 1921-03-10
Mid Continent Developments.

The Mid-Continent Oil and Gas As
sociation. comprising representative
producers of the Mid-Continent field,
has begun effor. to cut down all
and Kansas. None but offset wells
are to be drilled and only those
necessary to hold title to the lease.
February "a was set for the be-
ginning of observance of regula-
tions adopted by a central commit
tee on conservation and reconcilia-
tion. Cooperative measures are to
be tried and il not successful the
State of Oklahoma will be asked to
use the power OF statutes on the
ground that all oil with no avail
able market is wasted. Producers
in general are cooperating.
The Washington herald., 1921-03-10
REVIVAL OF BUSINESS IS
AWAITS STABu. lied PRICE
Decline in February Wholesale Prices Indicates
Permanent Basis Not Yet Reached
erhe wa.hington Herald,. EconomI.t.)

that possibly the bottom has been
reached in these commodities. These
two index numbers are compared
in the following table:
Weekly Wholesale Food Price fnAsx
The Washington herald., 1921-03-10
Agn. Sugar Refining
Sholos $50, ,OOO, 900 Gain

NEW YORK. March s-rhs
business ef the American sugar
ReAning Company Increased last
year $50 0yo00, 900 ever the hgures
Of 1919, President Babst said to-
day In HIS anpaal report. The
Increased amount was the result
OF higher prices and not
Ereater tonnage. he sid. Proats
of the company were placed at
e1.S0o, 900. In 1919 the proAts
were, given ~ o,3oA Aos1.e2.
Babst In q review Of the year
said that the American sugar
supply last year Represented HI
pounds for each person In the
United States.
The eompany's surplus last
year was Sl2. .<e5, SIS against s2S,-
1S2,l3S In 1910.
The Washington herald., 1921-03-10
Wholesale Selling
Price Of Beef In
Washington

Prices realized on Swit & Con.
panys sales Of carcass beef on ship.
msnts sold out for periods shown
below, ~ published In the news.
papers. averaged ~ follows, showing
the tendency Of the market:
Week Ay.Pries
kndinf RANGE PER owr. Pr Cvt.
Low. High.
The Washington herald., 1921-03-10
WHOLESALE PRICES.

(Copyright. 1871, By washington Herald.)
The Washington herald., 1921-03-10
Nv. b. Hibbs q Co., Hibh

STANDARD OIL ISSUES.
100 Anglican 0il.... I'm =. :.
1885 Indiana Pipe Line =.
10 Prairie Pipe Line. 199 =. =.
800 Sou Penn.
10 Standard Oil Y. 333 332 333
The review. [volume] (High Point, N.C.) 1908-19??, 1921-05-12

are not themselves affected in their
nature or their milk producing ability.
The influence Of the bull Is shown
only on his offspring.
1T takes about four years before the
first heifers from a new bull nnlsh
their first years test; and as they are
then only heifers, their mature moth
ers NAV still Guido them in prOduc-
ton. The thing to be considered u.s.
What character Of young COWS are TO
renlace the old ones when the latter
are gone?
"This is the principle involved IN
bringing in mer1torious bulls-to make
the future COWS better than the pres
ent. A dairyman should not expect
to see the good results from pure
bred bull in the first year, but wait
three to five years and then see how
much better his herd is. The dairy
man should look to the future and
plan now by using a good purebred
bull to have a better herd in from
three to five years. The question Is
When these years have passed Will ne
be where he was three to five years
earlier or will he be better Off? The
wise dairyman, who takes the rlgn'
course now. will at that future time
find himself reaping the benefit"
The review. [volume] (High Point, N.C.) 1908-19??, 1921-05-12
SUCCESS IN RAISING GEESE
Fowls Subsist Largely on Grass Dur
ing Growing Season, and Require
Little Attention.

prepared by the United States Depart.
ment of Agriculture)
Practically all the geese in this
country are raised in small flocks on
general farms, and few, if any, farms
are devoted entirely to raising geese.
Geese can be raised successfully in
small numbers and at a profit on
farms where there is plenty of grass
or pasture land with a natural supply
of water. The birds, both young and
old, are very hardy and are rarely af-
fected by any disease or insect pests.
Grass makes up the bulk Of the feed
for geese, and it is doubtful wheth-
er it pays to raise them unless good
grass range is available. Geese are
the closest known grazers, and both
the mature geese and the partially
grown gOslings will get their entire
living from a good pasture so long as
the grass remains green.
A body of water where they can swim
is considered essential during the
breeding season, and is desirable dur
ing the rest Of the year. If there is
no natural pond, an artificial one or
| tanks may be supplied to advantage
! The market for geese is not so gen
eral as for chickens; this fact should
be considered, poultry specialists in
the United States Department of Ag
riculture say, in undertaking to raise
geese. The demand and the price paiC
for geese are usually good in sections
where geese fattening is conducted or
q large scale.
Geese are fed q ration to produce
eggs during the latter part of the win
ter (about February 1, in the north
eastern section Of this country or s.
that the goslings will be Matched b.
the time there is good grass pasture
They are allowed to make nests OF
the floor of the house, or large boxes
barrels, or shelters are provided TO
that purpose.
Goslings Matched under hens shout
be examined for head lice, and l1ttl
grease-lard or vaseline-applied wit
the fingers on the head and necl
Some breeders who hatch with Dot
geese and hens give all the gosllpgs
the geese, which make the best mott
The review. [volume] (High Point, N.C.) 1908-19??, 1921-05-12
Geese Grow Rapidly and Are Rarely
Affected With Disease.

ers A few breeders prefer to breed
the goslings artiicially, keeping them
from one to three weeks in the mousse
at night in a covered bushel basket.
To keep a record of their age anu
breeding the web of the feet OF the
newly Matched goslings should De
punched. Hens with gosllngs may
he confined to the coop and the COS
Iings allowed to range. In milo
weather the hens are allowed to Drooo
the goslings from seven to ten days.
when the latter are able to take care
of themselves. 1t is very necessary
to keep the young goslings dry SO tney
ara usually kept confined in the
morning until the dew is dried off, ana
they should not be allowed to get INTO
water until partly feathered. rms oc-
cnrs when they are from two TO -FOUR
weeks old, depending on the weather
and their range. Goslings caught ana
onnarently drowned in a cold rain may
| sometimes be revived by drying IN nan
mel near fire.
Good-sized, growing coops Wltn
hard floors should be provided for the
oaeslings. which must be protected
from their enemies. When on range
the Young bird needs some attention
as thew may get lost or caught IL
most holes and odd corners. Young
goslings, if confined, should be glveI
,ross wards and the coops removed
fraonentlv to fresh grass. 1t IS pet
Ter to keep the growing goslings sepa
rate from the old stock. Shade shoul'
he nrovided in hot weather. II yer:
Young gosIings are allowed to run VIII
large animals, they are apt TO De III
| iured or killed.
The review. [volume] (High Point, N.C.) 1908-19??, 1921-05-12
BOUNDARY DRAWN BY NATURE
Caucasus Range Seems to Form Mat
uraI Dividing Line Between the
TWO Great Continents.

The Caucasus range, one OF tn4
most remarkable Of all geolOgac1
phenomena, is the boundary between
Europe and Asia, and an almost i'm
penetrable wall which can be crossed
bv vehicles or horsemen in only two
places. known as the Darrell and tina
Manisson passes. From the begin
ming of history until the middle ages
It was the boundary Of the wereN~
writes William ElerOy Curtis, hn
"Around the Black Sea-" Beyond. all
was mystery and fable, and for tAa6
reason the ancients made the Cauca~
us the scene of much NEUROLOGICAL aG'
tfvity and the home of many marVesa.
They called the country Colchis, anG
it was there that Jason and the Ar
gonauts found the Golden Flee0@
Prometheus was chained to one of tha
peaks by the gods to punish him hoF
giving fire to the mOrtals.
The first Europeans to find tneaT
way through the rocky laDyrlnEn~
we're Greek and Genoese traders, wAN
crawled through the canyons On foot
in the middle ages in search OF cuS'
| toners.
The review. [volume] (High Point, N.C.) 1908-19??, 1921-05-12
TINA 1Il0NZT
|111 THE ny
lD5\lQ& Il
PUREBRED SIRES HELP HERDS
Dairyman Cannot Expect to Obtain
improved Results From New
Bull in the First Year.

prepared by the United States Depart
ment of Agricultural
The production of the dairy herdG
Of the future through the use OF proper
sires of high quality is subject that
is interesting dairy specialists OF the
United States Department OF Agr1cul-
ture. There is ample evidence that
such bulls improve the production OF
their daughters, but it, is dlhcult
matter even to estimate what the limit
in improvement in future generations
will be.
Figures compiled by the field man
of the dairy division of the depart
ment who is encouraging bull assocla-
tons in Maryland, show the improve
ment in production made by daugn-
tiers of purebred sires belonging to the
New Windsor Bull association, as COM
pared with their dams. The six daugn-
tiers of Repose's Washer gave an aver
age of S,197 pounds Of milk In year,
and 1913 pounds of butterfat. Inc
average of the dams of these young
cows was 6,782 pounds of milk ana
| 266 pounds of fat. The average IN
crease, therefore, was 1,415 pounds OF
milk and 60 pounds Of fat. An addl-
tiOnal production of over 1,4OO pounds
Of milk and 60 pounds of fat is no
slight matter, the dairy specialists say
The ages at which the daughters OF
1 Repose's Washer made their records
were three, four and five years, the
average being about four. "When
farmers put in purebred bulls to re
place scrubs or grades, they some
times have the feeling that the pres
ence of the new bull is charm wh1cf
will increase the production OF thu
herd right away" say the dairy spe
cialists. "This Is not to be expected
The cows which are bred to the bul
The review. [volume] (High Point, N.C.) 1908-19??, 1921-05-12
PRODUCTION OF GOOD HORSES
Increase in Number Of Draft Animals
Held to Be Great Need says
Wayne DiEsmore.

Horse dealers feel that the horse is
looming back" According to infor-
nation gathered by the Horse Assocl-
alton of America and transmitted to
r q. Kuehn of university farm, Sec
rotary of the Minnesota Horse Breed
ers' association, more draft horses are
now being sold for city use than for
many years past. Increased prouuc-
ton of good horses is held to De
great need at present. Wayne Dlns-
more, an authority well known IN
horse circles, says: "YOu can safely
assure the farmers of a better marker
for their surplus animals"
The review. [volume] (High Point, N.C.) 1908-19??, 1921-05-12
HIGH STILLS CAUSE OF LOSS
Nebraska Breeder Finds That Little
PIGS Are Unable to FOLIO"
Sows Into Pens.

Manv pigs are lost and others are
stunted in growth as the result OF ex-
uosure because Of high stills In front
Of hogpens. This is the observation OF
a Nebraska swine grower in a letter
to the United States Department OF
Agriculture on the cause of runty live
stock. He urges that stockmen ex~
anime their equipment, and be certain
that small pigs are able to follow the
sows into the pens. Attention to bal
anced rations, sanitation, and pure wa
ter are likewise mentioned as n1eIn-
DDS of preventing runts.
The review. [volume] (High Point, N.C.) 1908-19??, 1921-05-12
dEFA1MNk
$1E,G))l(lK:
MILK ESSENTIAL FOR STOCK
While Good Pasture Is Important toF
Calves No Substitute VIII lake
Place Of Milk. {

prepared by the United States Der art
meHt of Agriculture>
"You cannot starve young animal
SO as to check it's growth, and still get
good results" This comment by a
Missouri farmer on the problem of
preventing runtiness in live stock is
in accord with the experiences of sew
eral hundred other live stock owners
who have contributed their experience
to the United States Department OF
Agriculture's study Of this subject.
starvation" he adds, "caused by the
robbery of the weak by stronger an
finals, improper and unscientihc feed
ing, Indigestion caused by careless