davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10
Raw Sugar Market Unchan naed

New York. Nov iO--The raw sugar mar
ket vas quiet and unchn nHed today ct az
GGcIp,s COS. cost and freight tor Cubas: equal 70
roTtatio99s reported. sales reported by tks
cuban Sugar Finance COMMITTEES were ITO
bass Cuhns, November shipment. at 2h cents
basis, 20 degrees. cost and freight, to New
York, sold 10 reflners. The refined suSa r
market remains unchan at $50 TO $50
cents, less per cent for cash for fine gran
ulated. There was furry Of competItion
In the Now Orleans market. The America n
sugar Refining Company was reported to bo
huyers privilege OF the four payment plan,
that ts, buyers have the privilege ot forty
invoice being due each ten days and each
Quarter subject TO The gcnernl per cent dir
derson with a l0-point cut TO $40 cents. reg
ular terms FN
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10

Industrial stocks advanced 1.55 per cent
roaas advanced o.ss per cent TO 1888.
Horny d. Tudor, o, New, York. has re.
sSnedd from he 9oSrd Sc os sns
Company and his place filled by the election
Of Francs Taylor an TaiaT 9tt2rneyp pSbsI Oh ms
aosr. afisSi OF the Ia" fFm o' 1'''0'' NoOs'
As submitted TO the New York Stock EH-
pany for S" tbe Twelve i've" moths ended eptSm
dsFrsciatieS and 'sz.s: y 'i'ois'o5s'
The Bank Of England.a minimum discount
rate was unchanged AZ per cent.
Action Of the New. York st9cE Exchange
~ per sr'cs cent Stock Noyem6ST .i9." is StiTiS,
IN Stock IS Sxpai9ed tnat thls ( merely I.
adjusted within few days.
As suPmittog 70 ,hs New York stosl; *; z:
nine months ended September so. reports
net loss after c..SsJgsess6o depreciation and
AS submitted 70 the New, Yorl; Exchange
for hf n3s m m2nths GPad no.
come after, interest and adjustment Of crude
Scon SEd eqff and of before
Anis. .Chalmers Manufacturing Company
ne pro fGr arT thGo Fds taxes
against so2j.820 In same period Of 1920.
Cerro de Pasco's October output totaled
$3.50, 900 pounds OF copper.
rcrorts for September 80 quarter. not profit
after Federal taxes S421 800. equal after
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10

BUSINESS: Charcoal Iron Company of America
is the largest producer of charcoal iron in the
United States, which product is required in the
manufacture of automobile cylinders, and all
kinds OF superior castings and machinery.
The Company is the largest producer of l1ood
alcohol in the United States. 1t is a by-prod
uct. resulting from operations and is therefore
produced at minimum costs.
The Company is the largest producer Of acetate
of lime in the United States. This is the base
from which acetic acid is derived and is used
in the textile industry and the manufacture Of
drugs, dyes white lead, etc.
An enviable trade position has been established
by the distribution through selling agencies of
its trade-marked products to hundreds of satisfied
customers over period OF years. The iron prod
ucts distributed through the firm Of Rogers
Brown & Co.; the entire output of wood alcohol
is taken by the United States Industrial Alcohol
Company andits subsidiaries and the production
Of acetate Of lime is taken by VIM. S. Gray &
Company The lumber produced is sold direct
to the trade.
PROPERTY: The Company owns in fee hard
wood timberands particularly suitable for the
purpose OF it's business, totalling over 100, 900
in northern Michigan, also 2 year lease
on large ore body in Gogebic County, Michi-
gan, being with regard to raw materials in a
stronger Poeition tnan any simllar concern IN the
country, and making the Company entirely nde-
pendent of outside influences in the manufactur
ing end of the business. The waste of the forests
is used in the production Of charcoal. which is
used in the manufacture of iron. and it is in the
conversion of wood into charcoal that alcohol
and acetate of limSp produced Other prop
crty of the Company consists of standard gauge
railroads. boats docks, etc.
EARNINGS: The net earnings of the Company
which available for the purposes of this first
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10

As submitted 10 the New York Stock EN-
change. Virginia Iron. Coal and Coke Com
pany, for the twelve months ended Septcm-
ber 80. reports net income, after charges
depreciation and taxes. Of f1.O4sOO3.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10
Today's Range In Liberty Bonds
Bank Of EnaIand Statement

London, Nov. lO.--Thc weolay statement
of the Bank OF England shows the following
changes: Total reserve increased f74l. 900:
circulation decreased fT2S, 900; bullion In
croased f2B00: other securities decreased El
07o, 900; other deposits decreased f20. 030. 900:
public deposits Increased II 642. 900: notes
reserve increased fTIl 900: Government ae-
curities decreased fl0.642 900. The proper
tion of the banks reserve to liability this
week Is 1927 per cent: last week 1t was 1881
per cent.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10

mortgage issue prior to Federal Taxes and re-
serves for depletion of forests and depreciation of
properties for the FIVE fiscal years ending Decem-
Der 81, 1920, have averaged $l,32l,475.l3 or
over FOUR TIMES THE MAXIMUM INTER.
EST REQUIREMENTS ON THESE FIRST
MORTGAGE BONDS. Likewise the net earn
ings available for the fiscal year ending Deem
Der 81, 1920. $S82 703 49, Present bus-
conditions, which steadily improving.
with contracts the books. excluding current
orders, amounting to over S3,l75, 900, at pres
ent manufacturing costs should show a profit
from operation of over $3.50, 600.
ASSETS: The Company's hardwood timberiands
and ore lease could not be duplicated, and in any
event not for 81, IS 900. the value placed upon
them by expert appraisers. In ad dditon, the value
Of the chemical plants and furnaces has been
placed at 81, 900, 900, which, along with current
assets makes total Of S. II, 544, $40 IS, or more
than 80 times total issue Of these first mortgage
bonds.
The total current assets, after this financing
certified by Price. Waterhouse & Co., are
$3,O59.S3l.O3, of which amount $4S3, ,07685
is in cash. while the total current liabilities are
only $l72,727.65, thus showing a ratio Of 7
to after having charged off all losses resulting
from inventory at cost or market, whichever was
the lower. expenses account Of shut downs
etc, which shows the financial condition of the
Company to be most excellent.
MANAGEMENT: Management of the Company
is in the hands of experienced and efficient men
OF highest standing and credit in the industry
The close connection between the Company and
the United States Industrial Alcohol Co., Rogers
Brown & Co., and VIM. S. Gray & Co., brings to
it the added benefit Of their knowledge of the
proper distribution of the Company's products
PURPOSE: The purpose of this issue is to retire
all outstanding Indebtedness current and fixed.
and to provide additional working capital
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10

AIle Chalmers Manufacturing COmpanv !
ronorts for September 9n quarter. not profit
after Federal taxes 1921 800. equal after |
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10

preferred dividends to 81 cents a share ion
or ,hs pfsssa7Ss aSs sssgs
and 1925, ,s25 or s2. 40 the same period es
sss1 VIA 4s Gn' n'' share s ppD' C co%ss
after preferred dividends. against t2,b9o.-
2S7, or $3.50. In the same per Cd OF 1920.
II Is officially d,nicd International Usr.
Yester Company contcmplates any new hnat,u-
Ing. IL states II has all the money II needs
that may be needed. W.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10

AIlis.Chalmers Manufacturing COMPANY
reports for three months ended Septcmber 30
net profit after Federal taxes OF s42l 800,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10
NEW YORK BONDS

Fort Worth Il
r G'de LIST
b..... 80
Genel Elec bs
1..... OAK
Genel Elec 8s
c.... I03
4.... 103 y
Goodyear Tire
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10
Ne,U Issue
$4,OOO,OOO
Charcoal Iron Company of America
81 TenYear Closed First Mortgage Gold Bonds
$4,ooo,ooo
Dated November I, 1921
Due November I, 1881

Dat November l., Due November
pdc an Interest wit
0 Al ICON n % f as
in Of fto per wi emit Pyv unx
from a the o.
Trustee
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-11-10
Financial Briefs

Tho average price Of the twenty active
Industrial stocks advanced 1855 per cent
yesterday. to 1915. while the twenty rail-
roads advanced 0S8 per cent. TO 1888.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
RA|LMEN MAKE PLEA
AGAINST WAGE CUT
LEADER DENIES DROP IN LIVING
COST AND PAY REDUCTION IN
SIMILAR INDUSTRIES"

Chicago, April 29.-Railway work
ers presented to the United States
rail labor board today their plea
against a wage reduction, asked by
the railroads.
They denied the assertion of rail
road executives that the cost of living
has gone down sufficiently to war
rant reduced pay schedule or that
wages in similar industries" have
dropped.
THE board should make no reduc-
ton in wage rates because there
have been no reductions in wages
paid in comparable ndustries-steel
and coal" B. M. Jewell, labor leader.
told the board. There has not been
sufficient reduction in the cost of liv-
ing to justify cut in wages that were
inadequate to meet living costs at
the time they were established"
Jewell claimed that the railroad
board cannot entertain a plea from
railroad managers for a reduction in
wages until the inadequacies of man
agement and the high operating costs
resulting tehrefrom have been elm
mated"
The financial interests controlling
the railroads also control production
of fuel, timber equipment, oil and
other supplies" Jewell asserted.
He charged these financial inter
ests" determined upon a policy to
decrease rail expenses by reducing
wages and lat the same time charge
unwarranted prices for fuel, steel,
timber, oil and other supplies.
The board should not consider
complaints relative TO pay rates un-
til it is satisfied the railroads are
not being forced to purchase fuel
equipment, oil and timber at an ex-
orbitant price," Jewell said.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
HI GIL BALLS
AND BEER
O. MISTER VOLSTEAD. ATLANTIC
CITY NEVER HEARD OF
YOUR ACT:

Atlantic City, N. JJ.J, April %
HighbaIls and beer, with an old time
authority are being offered openly
off Atlantic City's famous board
walk for the entertainment of any
staid and dignified bankers, interna-
tionaI lawyers, businessmen and So
cial workers bent on having the very
dickens of time at night after dis
cusing the worlds heavy problems
in the serious daytime sessions of the
annual convention of the Chamber
of Cemmorce of the United States.
There aids to entertainment are
being offered and it may be said that
they are being fgratefully accepted by
some, at least, of the distinguished
captains of industry for the blue
badges of the convention are by no
means uncommon in the cabarets at
night, where the wine is real.
Atlantic City apparently never
heard of the Volstead act, and the
sale of drink in public cafe is ef-
fected with no more secrecy than one
UI bdUG . IuHS OH d
double header day at the Polo
grounds.
Little ginger ale," says your gay
dog of an out of town visitor warp
ing his starboard eye into a puck
cred wink that stands for a secret
sign between those who want it and
those who have it to sell. And, say
waiter, how about little dash OF
something"
Yes sir" says the waiter, Rye OF
Scotch?"
An Atlantic City highball is little
but-Oh, goodness gracious! Into the
almost overflowing glass of ginger
ale and ice, the waiter pours just a
dash of the elixir of night life and
it looks stingy until highbal. mum
Der four has chased number three
down the larynx, when hard set bust.
ness features begin to relax and dig.
nified feet yield to the rhythm of the
toddle.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
EUROPEAN MUDDLE
UPSETS BUSINESS
HURLEY POINTS OUT FAILURE
TO SETTLE PREPARATIONS
COSTS MILLIONS DAILY

Chicago, April 29.-Failure to set
tie hte German reparations question
Is costing American business mil
lions of dollars each day, E. N. Hur.
ley, former chairman of the United
States shipping board, said to the
United Press Wednesday.
This question, although it NAV
seem remote to us, affects every
community in the country" said Mr.
Hurley. Forty per cent of our
steamships are tied up in the docks
so per cent of the railroads are ex-
periencing slack times; the United
States and the whole world is at a
standstill
Until France, Italy and Belgium
know what are their accounts re-
ceivable and Germany knows what
are her accounts payable. the bal
ance sheet Of the world is going TO
be upset"
The peoples of the earth must
''set their house in order" before
business will become normal, accord
ing to Mr.. Hurley.
Not only are the big nations of
Europe affected by the uncertainty
arising from the failure of Germany
and the allies to agree how much
Germany must pay as a war debt, but
the little fellows" have no basis
for business aggression, he said
Mr.. Hurley said the farmer, dis
heartened by slack markets and un-
certain prices, owes his present con-
dition to the European muddle
IF we do 65 per cent of last
years business we should be pretty
well satisfied" he said.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
COMMISSION AWAITS
BRIDGE CONTRACTS
OPEN BIDS At PIERRE FOR CON-
STRUCTION WORK IN DIFFER
ENT PARTS OF STATE.

Pierre, April 29.-After giving
the Cherry Greek site boosters, and
those who wanted bridge at Car
lin, the whole of the forenoon to
state their views of bridge location
on the Cheyenne river, the state
highway commission opened bids for
the bridge at the Carlin location, the
different bids ranging from $685.
900 up to a considerably higher fig
ure.
The final estimates have not been
completed, and just who will get the
contract is not yet known.
At the same time bids were open.
ed for bridges in Dawson county
across the Jim river, and across
Firesteel creek, with smaller con-
tracts at other locations.
The Cheyenne river location fight
appeared to be largely one of local
pride as to where the bridge was "a
be located, each side insisting that
the site they backed would be OF
greater benefit TO large number OF
people than the other location.
The Schriber company of Water
town was the lowest bidder for two
small bridges to be constructed in
Deuel. county, the combined cost OF
which will be between $1,000 and
$4,000.
The Youngberg- Bidwell company
of Omaha hold the low figure on
small bridge across the coulee neal
Kadoka. Their offer was $4,52S.O5
ION the whole the bids show
strong indications of the general
price cut" said G.. II. Henry, secre-
tary of the highway commission
after the bids had been opened
Similar structures year age
would have carried very much high
er figures"
These statements are borne out by
the fact that the commission placed
a rough estimate on the Cheyenne
river bridge at slightly more than
100000.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
Stacker Lists Are
To Be Published

Washington, April 29.-The lists
of draft deserters, which have been
officially approved by Harry M.
Daugherty, attorney general, will
start reaching the public at the end
Of next week, it was announced by
the war department. The war de-
partment has prepared for sending
lists from nearly every state in the
country. These will be mailed
from nearly every state in the
country. These will be mailed from
the department today to the respec-
tive corps area commanders, charg-
ed with making them public. The
corps area chiefs are to have the
lists printed and sent to the news
papers and public authorities for
distribution.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
YOUNGSTERS ARE
LOOKING FOR WORK
MORE THAN 100 HAVE LOST
JOBS SINCE JANUARY 1.

Sioux City, April 29-Hard times
population, according to records in
the office of Mrs. Margaret Church
i'll, permit clerk, who issues work
permits to boys and girls who desire
to work and attend continuation
school.
More than 100 juvenile workers
have lost their jobs since January
1, according to Mrs. Churchilrs rec
ords Only $50 children from IA to
16 years of age are now working in
the city, compared to $50 who were
working at this time last year.
Wages for juvenile help also have
decreased from $3.50 per week last
year to $3.50 and less this year. All
children who possibly can get work
of some kind to do are eagerly ac-
cepting such work, in order to help
out the family income, as parents
in many cases who formerly had
work are now without employment.
Boys from Is to 16 years of age
are going on farms to work. IL the
boys work in the country they do not
need permits and need not attend
continuation school. About $50
Sioux City boys of school age are
now working on farms, twenty hav-
ing gone during the past month and
five during the week.
Mrs. Churchill emphasizes the
necessity of employers in the city
ascertaining if their juvenile work
ers have work permits, and states
that some employers have been lax
In this regard. not realizing the
necessity of the children having per
mits and attending continuation
school. The ages covered by the
work permit law are from IA TO 10
years. and the boys or girl must
have passed the sixth grade. Boys
from IL to 16 may act as newsboys
if they obtain badges showing they
have a permit.
"Newsboys are slow about apply
ing for their badges this year, said
! Mrs. Churchill. "Only 125 news
BOYS have received their badges, and
all should have applied by January
l. More than 200 newsboys and
paper carriers have not applied for
badges. They should have these
permits before being allowed to
work"
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
APPEALS FOR THE
SUPPORT OF BANKERS
FINANCIERS' ASSISTANCE URG-
ED IN HELPING PUT AMER
ICA on A FORWARD TRACK.

Washington, ID. c., April %
ers in an address before the District
of Columbia bankers association for
assistance in helping to put Amer
ica on the forward track once
more"
1T is no boast" he said, IF l re-
mind you that Americas place in the
world is as important at this time
as when the civilization of the world
was threatened"
In recalling that recently he had
said no nation could live by repudia-
tion of its debts, President Harding
asserted that mo nation need ever
aspire to eminence which is not COM
mitted to righteous acknowledge
ment of it's obligations"
Continuing, he said that "a sane
and sober America still believes in
sane and sober financial methods, "
and a moment later added:
Il don't believe that governments
can be run by mere theorists who
never accomplished anything for
themselves"
"Fhe government should put an
end to undue interference with busi-
ness" Mr.. Harding said in discuss
ing business policies.
The government should cease TO
be a competitor of business where
that business belongs rightfully in
the hands of private enterprises.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
A. c. TOWNLEY
STANDS CONVICTED
MINNESOTA STATE SUPREME
COURT AFFIRNS THE
LOWER COURT

st. Paul, April 29.-The state SUI
preme court today affirmed the Jack
son county court convicting Arthur c,
Townley, president, and Joseph Gil
bert, former organizer of the Nation
al Nonpartisan League. They were
charged with conspiracy to discour-
age enlistments during the war, were
found guilty and sentenced to ninety
days in jail. Each case was ap-
pealed to the higher court. Mean
time Gilbert was convicted of viola
tions of the state espionage act in
Goodhue county and is now serving
a jail sentence at Red Wing. The
state pardon board this week refused
10 pardon Gilbert or commute his sen
tence. Townley's conviction probab-
ly will be carried TO the United States
supreme court.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
Combines To Keep
Prices Up Charged

New York, April 29.-Evidence
showing the country to be honey
combed with socalled price associa-
tions, or combinations to maintain
prices at certain levels in violation
of the antitrust laws, is in the
hands of the legislative committee
investigating an alleged building
trust, Samuel Untermyer, the COM
mittee's special counsel, declared to-
day when the committee entered the
third day of its resumed inquiry.
Mr.. Untermyer. who yesterday be-
gan investigation Of group of 13
manufacturers exchanges operating
in all parts of the country, said that
SO far he had only skirted the fringe
of an exposure of conditions which.
he declared. would make John T.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
To Improve
WaterwOrks

Watertown, April 29.-Plans for
the improvement of the municipal
water works plant at Lake Kampeska
by the installation of new pumps,
electrical power and the investigation
of and possible equipment with fill
tration system were undertaken at a
meeting of the city council.
The result was the authorization
for the city engineer and waterworks
superintendent, w. F. Cochrane, to
investigate and make recommends
tions on filtration system, in new
pumping apparatus and on an elec-
trical line to the pumping station
from the municipal light and power
plant.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29

Hettrick, author of the Code of
Pracitises," lock like a piker" in
comparison. Hettrick now is serving
a sentence on Blackwelps island
Albert A. Ainsworth, secretary
and director of the 13 exchanges un-
der the committees investigation,
appeared before the committee yes
terday. He refused to waive immun-
ity from prosecution and was not
examined. Several other witnesses
were called to testify today.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
Managers Called
Before Lands

Chicago, April 29.-Managers of
eight downtown hotels were called
before Federal Judge Lands today to
make known what supervision, if any,
is exercised over bellboys and what
means are taken to determine the
character of women guests. The sum-
mons was the outgrowth of the Mann
act trial of Marshal Gordon, charged
with transporting Helen Schultz here
from Cleveland.
Gordon, on the witness stand, nam
ed several bellboys in Chicago hotels
as assistants, and said that through
the cooperation of the bellboys he
had received as much as $50 a day
from Miss Schultz.
Miss Schultz charged that Detec-
tive Sergeant Revere had taken her
from detention home on a promise
to Elk the case with federal authori-
ties" Judge Lands, incensed, ad-
journed court pending the arrival of
the hotel men and the detective ser
geant.
Leonard Hicks, manager Of the
Grant hotel, was in court during the
trial and was called to the witness
chair by Judge Lands. He was ask
ed if any such things as charged took
place at his hotel.
II don't know of anything about
the bellboys acting as agents for wo-
men," Hicks declared.
II am merely calling your atten-
tion to what is being said about your
hotel" commented Judge Lands.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29
Many Passengers
Are Imperilled

Boston, Mass, April 29.-Four
hundred passengers were imperiled
today when the steamer Marmuraeo
bound from the Azores TO Nedbedford
ran ashore on the southwest tip of
Block Island, according to wiresless
messages received here. There was
a heavy sea running and the position
of the steamer was obscured by a
dense fog. Coast guard cutters went
to the rescue.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1921-04-29

Washington, April 29.-Calling a
conference of employees and employ
ers to settle the question of wages
and bring about a return of industry
to normality was understood to have
been discussed today by President
Harding and the cabinet Senator
Pomerene suggested this procedure.