davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1921-06-12

Business recovery is very slow, both
in the industrial and mercantile field.
Money was scarcer this week owing
to the heavy demand for cash from
many quarters to meet maturing obli-
cations.
The indications are that the wheat
weld will be about the same this year
as last Tho latest Government esti-
mate for winter wheat is 57S,000, 900
bushels. The Government estimate for
the spring crop is 25l. 900 900 bushels.
II the present estimates are borne
out the spring wheat yield will be
about 100000 bushels more than
1920.
Government statistics show that
American trade with foreign coun-
tries is declining both exports and
imports falling off.
MANY DIVIDENDS CUT.
The depressed condition OF indus
try was emphasized by the number
of companies that deferred or omitted
dividends. The Corona Typewriter
Company omitted IT'S dividend on the
common stock. The Chandler Motor
Car Company cut it's dividend from
SO to Sc The International Agri-
cultural Corporation passed its divi-
dend on the preferred stock. The
American Agricultural Chemical Com
pany passed its dividend on the COM
mon stock and deferred the dividend
on the preferred. The Great Western
Sugar Company omitted the extra
dividend it had been paying on the
common stock. The directors OF
southern Railway but failed to take
any dividend action on the preferred
stock. The Utah Copper Company cut
it's dividend from 81 to so cents
BANK CLEARINGs.
Total bank clearings for the coun-
try this week were S6,611 ,622, ,562
against s6193,77S, ,726 last week and
SS.220,9S2, ,493 this week last year.
COMMERCIAL FAILURES.
Three hundred commercial failures
were reported from all parts OF the
country this week against 264 last
week, 16I OF the failing firms re-
ported liabilities Of $1,000 or moro
From present crop Indications this
country is going to have all the grain
1t needs this year and a good surplus
left over for export The Government
estimates a 1921 crop OF 2,496, 900, 900
bushels OF wheat. oats, rye and
harley. The total 10 $4,000, 900
bushels under last years harvest, ac-
cording to present estimates but fine
growing weather may make up a
great deal of this deficit. Notwith-
standing reports that farmers were
selling wheat more freely there was
decrease in the visible supply this
week Of 1,050,oOO mushels. leaving a
total Of s,b7o,o00 bushels against 35,-
$4,000 bushels this time last year.
II the foreign crops are bad and there
is big demand for American wheat
The Washington times., 1921-06-12

Building contractors are increasing
their activities in nearly all big cities
monthly. as regards the value OF
buildings undertaken and the number
of permits taken out to begin new con-
sruction.
The movement to build is gaining
. momentum that may carry it
through the cold winter months al
most IN full blast. it is predicted. AL
th~pgh the effects so far have been
little noticed by the average renter
of an apartment or home, the contin-
uance of the boom is certain to bring
decreased rentals and prices OF con-
struction work. il is pointed out
BUILDING PROCEEDS RAPIDLY.
New construction now is proceeding
at the rate of nearly $4,000, 5000 a
year. II this pace is maintained.> il
should not take long. contractors say,
The Washington times., 1921-06-12
Weeks Business Reuieu
BY International News Service.

NEW YORK, June t2-t was another week of dividend
cutting by corporations and the stock depressed
consequence that issues sold down low
The bank Cearings throughout the country higher
the preceding week, indicating greater volume of financial
transactions
There increase the number of commercial failures
but the week had business day than the preceding
week, owing to the Memorial Day holiday.
The Washington times., 1921-06-12
DODGE COMPANY
RAISES DIVIDEND

The Dodge Manufacturing Com
pany has increased it's common
dividend from 6 per cent to an
8 per cent annual basis by the
declaration OF quarterly divi-
dend of > per cent payable
July 6.
The company has heretofore
been paying / per cent extra
dividend In addition to the resu-
lar suarterly IL per cent pay
menk
The Washington times., 1921-06-12
SMOOT URGES TAX ON
BANK BOND EARNINGS

Incorporation in the Federal Farm
Loan act OF an amendment subject.
ing the earnings of joint stock land
banks to income taxes after June 80.
1922, was urged in the Senate yes
terday by Senator Smoot (Rcpublican)
OF Utah.
Smooth's amendment was offered in
connection with the Kenyon bill,
which proposes TO increase the in
tercst rate Of joint stock k-land bank
bonds from to 5L per cent.
The Washington times., 1921-06-12
Rate Claim Limit Extended.

The Senate has amended the
transportation act Of 1920 as to OK
tend for one year the time in which
shippers can make claims against
resulting from rates fixed during the
period OF Federal Control of the rail
roads. Such claims are required by
law to be made to the Interstate
Commerce Commission but many.
through error were made td the
Railroad Administration.
The Washington times., 1921-06-12

! borrower thus was obliged to pay Al
/ fee for the privilege OF borrowing
/ money. In addition to the fec tha
| annual interest rate was to s per
! cent.
Burdened with these restrictions. the
| building of new homes practically
stopped. Housing congestion spread
| over the entire country. Crowding two
and three families into homes and
apartments originally intended for
| but one group.
CROWDING CAUSE OF IMMORTALITY
The consequent lowering of tn"
| standard of living also lowered the
| nations standard Of morality, accord
! ing to one member OF the Washing
| ton Rent Commission. Coincident with
| the housing shortage, divorce in
creased throughout the country. it
was noticed. More than one divorce
judge commented on housing conges-
! tion as factor tending to ruin do
| mestic peace.
| high interest rates now are nearly
to be counted a thing of the past,
according to statement by high
| official OF the Treasury department.
Six per cent soon will be the stand
ard rate, It is predicted.
Money for real estate loans is no
| longer tight" The surplus of the
! Federal Reserve system is higher
| than ever before in its history, max
| ing available millions which can be
modified in any part of the country
! on short notice to relieve credit
| stringenCy.
BUILDING FACTORS SLUMP.
Railroad rates on building materials
| are being adjusted to encourage the
quick movement of sand. gravel,
cement and lumber.
Prices OF lumber have dropped to
nearly pre-war levels and the cost of
| bricks and other materials Is follow
/ ing suit.
| Contractors in many cities now are
| undertaking to negotiate new wage
scales with building mechanics and
electricians to make cheaper homes.
| II. several cities this already has been
accomplished. But in others building
workers are on strike to prevent re-
ductions.
If wage scales of building workers
can be reduced, the last bar to
cheaper construction work will have
| been removed, according to real es-
| tnte operators. Wages represent
ehout co per cent of the cost of con-
| struction work, according to contrac-
! tors.
| with lowered wage scales. the
! building boom should become nation
| y ide. Government officials say. quick
! ~ relieving the housing shortage and
| raising the standard Of living to its
, y, e-war level, which was higher than
that OF any other country in the
lvorld.
The Washington times., 1921-06-12
1920 CANADIAN CROPS
WORTH $1,o46,648,OOO

OTTAWA. Ontario June 12.-The
gross total value OF agricultural
products of Canada last year, accord
ing to government figures was
81 946.64S.OOO OF this amount. the
value OF field crops was sl,455,2 900 ::
farm animals, sl40.0S3,OO0; wool
s5.321 900; dairy products. 1856. 900. =
400; fruits and vegetables. $40 OOO.-
900: poultry and eggs. 10000, 600
The Washington times., 1921-06-12
ADVANCING
WASHINGTON'S INTERESTS
Housing Relief In Sight
For u. S.; Four Billion
Year Spent on Building

Approximately 100000 worth of homes apartments
ce buildings and factories being contracted for month
y in Washington Chicago ST. Louis and other big cities of the
country it is shown in to the Federal Reserve Board
nationwide building which will tend to lower rents,
now in bud throughout the United States the reports indicate
The Washington times., 1921-06-12
GERMAN INITIATION
BUBBLE BURSTING,
VIEW OF LEADERS
Hoover, Wallace, and Senators
Reach Opinion That Rhine
Trade Subsidies Will Fail.
by j. BART CAMPBELL,

Bursting Of the bubble OF initiation.
by which it was declared Germany is
seeking to stimulate her domestic
production and foreign trade artifi-
cially. was predicted at a conference
between Secretary OF Commerce Hoo
yer, Secretary OF Agriculture Wallace,
and Republican and Democratic SEN
ators composing the agricultural
block" at the Capitol last night
1t was explained that Germany is
now eNpending the equivalent OF 81
600 600, 900 in American money in sub
sidizing her industries by artificial
means. Her exports are underselling
those OF the United States in the
South American markets, for example
The cheapness of her products is one
OF the chief causes of the falling off
in American exports. But the opinion
was expressed that Germany will fail
IN her efforts to corner the world s
markets, just as she failed to make
herself the military and naval mis-
treSs OF the world
The Washington times., 1921-06-12
DAY OF RECKONING.

The day OF Germany's reckoning on
the basis of her present inflated in
dustrial and commercial striving is
beginning to draw near, ard the
Bursting of her dream of world trade
domination must come within the
next two or three months, it was con-
fidently stated. The artificial condi-
ton upon which she is leaning is but
a slender reed which must snap.
The note sounded at the conference
was an optimistic one. 1t was pointed
out that b5 per cent of the 400, 900 900
Of European peoples who have been
on rationing basis are already back
to a normal consumption one. and
their demand for foodstuffs of the
American farmer must increase
steadily.
The Washington times., 1921-06-12
BEHIND CLOSED DOORS.

For four hours the conference lasted
lchind closed doors of the office Of
senator William 5. Kenyon (Rep) Of
Iowa chairman of the agricultural
book" of Republican and Democratic
senators from Western and Southern
agricultural States. Among those
present were Senators Capper Kan
sas; Smith, South Carolina; Hefiin,
Alabama; Ladd. North Dakota; Shep-
lard, Texas: Bursum, New Mexico
Gooding. Idaho, and Fletcher, Florida
The nations entire agricultural sit
uation and remedies proposed for the
conditions from which the farmers
are suffering were reviewed at con-
siderable length. Pending legislation
Intended to assist the farmer in get
ting back on his feet was discussed
Suggested amendments to the Federal
reserve act including one to make the
secretary of Agriculture and possibly
the Secretary Of Commerce members
of the Federal Reserve Board. were
approved. The suggestion that the
board should have men on it repre-
sentative of the agricultural. com
mercial and labor, and not alone the
banking, interest were indorsed.
The Washington times., 1921-06-12
Weekly Statements of
Tuelue Federal Banks

Ratio Of total reserves to deposit
and r. r note liabilities combined
Raio of gold reserves to +. r. not es
In circulation after setting aside
35% against deposit liabilities. q.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
In the Oil Fields
CONTINUED PROM PREcEDtNu PAa
Humphrys Gets TWo
More Big Wells at Merid

Tho Humphreys McNia Oii com
pauY has completed Adamaon No.
I which came In yesterday flowing
1000 barrels. This H. the largest
well To be drilled In the Mcxin pool.
Tho Humphreys Mcxia'H No. l
pcsonbcrg Us flowing bv heads AT
the rate $500 barrels daily from
Pand found from 3.Oi6 20 3,Ob8
feet. Tho Pure oil Company is
partly intorosted In this producer.
The Plateau OIL company's No.
Freeman brothers farm west OF the
kocnig producer. is making 5000
600 feet OF gas from the top OF the
Woodbine found at $3.50 feet
II has been reported from McNia.
that The Texas company has pur-
chased two small tracts OF land In
the heart Of that big pool the
George Harris tract OF 30 acres, and
the NJ. Harris II acre farm, loCat ed
To the south OF the Kirby Petrol
cum compnny's Nussbaum we'll,
for which $500 an acre cash,
and 81, 500, an acre Ia oil is (" be
paid, well Is drilling at 1900
| feet on the smaller tract.
| II IL al reported that the Hum
/ bio oil a Refining Co. IL adding an
s-inch line from It's station on the
/ ltimball farm. to its storage at
Grosebock, and is laying a g.
| inch gathering lines to replace
It's i-inch lines. This company
| has also purchased another tank
farm site just north OF the town
OF Mexla, on the r. & r " rail
road and will begin work on the
tanks and 6-inch loading rack
at once,
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
DELAN0 FILES REPORT
Receiver for Red River Properties
Says Income for Six Months
Totals 81, ,0i5.292.28.

WASHINGTON, Nov. S-Receiv-
er Frederick A. Delano has filed
with the supreme court his report Of
operations in the litigated Red
river reCclvership area for the six
months ending September 30.
The receiver said that the total
proceeds from the gross production
OF oil from April I, 1921, 20 Sep
tember so, 1921, has been $7,929,-
T20.l6 and from all sources Ss,0ij,-
29229.
Most Of the oil sold In the six
months period was for 81 and Sl.25
a barrel. the receiver said lie
called attention TO the fact that the
price advanced to Sl.75 on October
z. after the period for which the re-
port was made and therefore is not
reflected In the report.
pclauo said that despite the fact
that floods and cyclones have been
frequent. he is producing oil In the
river bed at a cost of 80 cents a bar
rel which includes all direct and In
direct charges, except administra-
tlon.
Eleven wells were completed In
the siX-mouths period, Delauo said,
and all were producers. or tho 10
wells started by other parties. of
| which were on the flood plain and
| l6 IA the river bed. all but 4 were
made producers. Dclano gave cred
| IL to thr receivers geologist, r. f.
Wilson, aud his field superintendent
| r. & Williamson, for the good re-
| suits obtained.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
INDICATED SMOKE
DRIVES OUT CATARRH
DIR. Blosser's Cigarettes Give
Out a Healing and Sooth-
ing Smoke Vapor That
Clears the Head, Nose and
Throat.

DIR. Blosser is the originator OF a
certain combination OF medicinal
herbs. flowers and berries TO be
smoked in a pipe or ready prepared
cigarette which is meeting with un-
usual success In catarrhal troubles.
As the disease is carried into the
air passages of the head, nose and
throat with the air you breathe. so
the antiseptic, healing vapor OF this
remedy is carried with the breath
directly to the affected parts.
This simple. practical method APP
plies the medicine where sprays,
douches and ointments cannot pos
sibly go. Its effect is soothing and
healing, and is entirely harmless.
containing no cubebs, tobacco, or
habit forming drugs. II is pleasant
to use, and may be used by women
and children as well as men,
II you suffer from catarrh, asth-
ma, catarrhal deafness. or II sub
ject to frequent colds, send ten cents
(coin or stamps) ia The Blosser
Co. Az NIL, Atlanta, ba., and you
will receive, by return mail, a trial
package containing eight DR.. Bios
ser's cigarettes to prove their bene-
ficial and pleasant effect.--Adver-
tisement.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
Try This If You
Have Dandruff

There is one sure way that never
fails TO remove dandruff completely
and that Is TO dissovle It. This de-
stroys 1t entirely. To do this, Just
get about four ounces OF plain, or
dinary liquid aryon; apply It at night
when retiring; use enough to mois-
ten the scalp and rub Il in gently
with the finger rfps.
BY morning. most II not all, of
your dandruff will be gone, and
three or four more applications will
completely dissolve and entirely deN
stroy every single sign and trace of
it, no matter how much dandruff
you may have,
You will find. too, that all itch
ing and digging OF the scalp will
stop instantly. and your hair will be
fluffy. lustrous, glossy. silky and
soft, and lock- and feel a hundred
times better,
You can get liquid arvon at any
drug store, NJ is inexpensive, and
four ounces ~ all you will need, This
simple remedy has never been
known 70 faiI-Advortisement.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
Financial
BULLS CONTROL
WHEAT MARKET
Confidence Helped out
Renewals Of Trans
Atlantic Buying

CHICAGO, Nov s S--Bullish souu-
mcut became more apparent ln Che
wheat market today than FOR a ron-
siderable time past. Some renewal
OF trans Atlantic buying Of United
Statcs brcndstuffs together Win
falling of In receipts helped as 90
finish. was a to ~ net higher,
with December at 3l.O4R tu ~ ana
May ft.O9ta To- = Corn gained "
60 "a m &c. aud oats " 90 it,. 10
provisions the outcome variud from
l7c decline 90 DC advance.
with Holland reported ag having
purchased hard winter wheat ht the
Gulf of Mexico and with sweden
said 10 have taken lihrrh amount
Of rye. the wheat market here moved
upward iu q ready manner "ublc't
90 only moderate occasional aDt-
backs. Offerings from thD country
proved small, and this CIRCUMSTANCE
when taken In connection with the
much smaller receipts at all points
was deemed of especial Ngnlficiuc"
an some quarters, A good deal ot
attention was also given To- oom-
plants from tho southwest that pro-
lonEcd dry weather was inlurinS the
outlook fnr the winter crop.
Corn and oats were flrmcr with
wheat
Acute weakness In tho hog mar
kct carried lard and ribs down 10
the lowest quotations yet this sea-
on. The market showed something
OF rally later, owing to the
strength Of grain.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
MANY HURT IN BLAST
Five Men so Badly Burned They
May Die ns Result OF Explosion
in PENNSYLVANIA CoIlicry.

POTTSNILLE. Pa. Nov. S.--Five
men were so seriously burned that
they are expected 10 soon die and
four otheIs were more or less Sc
verely burned by an explosion OF
gas at the Lyttle colliery. near
Minersvllle today. A spark ignited
a pocket Of gas which flared up,
placing a large group Of miners In
a fiery furnace roasted their bodies
terribly In some instances the flesh
hanging to tho bones by shreds'
only those miners who threw them
selves on their faces and avoided
breathing the flames. escaped what
will likely be fatal injuries.
The whole section of the mine vas
shaken violently by the explosion.
Most TOT the injured are married
men. Those believed to be fatally
injured are Tony juan, John Chen
ellL John Bolyzak. Harry Karage
and John Susak
State mine inspectors are inYcstl-
eating the cause of the explosion.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
FRANCE TO OPPOSE
CURLING AVIATION.

WASHINGTON. Nov. S.-France's 9
delegates will enter the conference
Saturday prepared TO resist stub
bornly any effort to check the de-
velopment OF military aviation in
France. II was learned In an au-
thoritativo quarter today.
Approaching fully the desirability
of wiping out a part Of the enor-
nous expense France Is undergoing
for the upkcep OF her army, Premier
BRAND would welcome any feasible
plan for reducing the military es-
tablishment, providing France Is
given sufficient guarantees against
against Germany.
Such guarantees might he in the
form of treaties but even with such
safeguards the French people would
prefer to have some dependable
weapon at hand in case OF emerg-
ency.
This weapon they believe they
have In well organized and highly
trained air service. Germany is re-
covering rapidly from the effects Of
the war. They argue. The Germans
are an economic and efficient race
Of $4,000, 900 or S0.00O.0OO who
naturally look with resentment on
the indemnity imposed by the allies
To reach France, however, the Ger
mans would have to journey many
miles down the long roads which
lead from Germany's centers OF
population to the French border
During the time they were thus eN.
posed AN efficient French air forcc
with mastery of the air and armed
with the latest in bombs and poison
gas. would practically have the al
their mercy.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09

ROME. Nov. s.-Many persons were
wounded In a clash between Fascist and
communists at Allessaudria today.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
TRY SULPHUR ON
AN ECZEMA SKIN
Costs Little and Overcomes
Trouble Almost Over
Night

Any breaking out OF the skin, even
merry itching eczema. can he quickly
overcome my applying Mentho-Sul-
phur declares noted skin special
ist Because OF It's germ destroying
properties, this sulphur preparation
instantly brings ease from skin irri-
tation, soothos and heals the ec-
yema rtght up and leaves the skin
clear and smooth,
II seldom fails 70 relieve the tor
mcnt without delay, sufferers from
skin trouble should obtain a small
Jar of Montho-S sulphur from any
good druggist and use II like cold
Advertisement.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09

man of the great public orean'za.
tions OF China, declared here today
lie indicated that the Chinese
people will demand consideration m
these two things by the Washington
conference. He made clear tbat
China feels any program for Imita.
tion of armaments futile wilhout tbo
termination of the English -Jauancse
alliance and the unconditioual sur.
render of Shantung by Japan.
Furthermore, he indicated thai
China will give assurance 20 the
conference that II will pay an for.
eign debts. He announced that the
great Chinese bankers arc now FOR.
mulating a revenue program In
meet all foreign and international
debts.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
A Real Disappointment

Tho Magnolia Gypsy OH com
pHnica' wildcat deep test on the
Roland farm, In the southwest
corner OF tho northeast Of 2B-l5n-
ic, has been dnally abandoned at
$3.50 feet.
Thia we'll has hccn watched
closely the past summer, because Il
was drilled on a finc geological
structure, aud being rank wildcat
tests the country southwest OF
prumright In Lincoln, The nearest
production H the Drumrlght field,
! ~ miles TO tho northeast
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-09
ny NEWTON G. PARKE.

PARIS. Nov. S.--Thc most serious
financial crisis In the history OF
moacrn France Confronts the nation
today, II WAS revealed when debate
vas opened In the chamber OF dopu-
ties upon the new budget. The
budget is In two sections. The ordi-
nary expenditures for public services
and upon the interior debt totals
81 900 100000. A supplementary
budget puts the expenditures for
liberated regions and pensions at
about $1,000, 100000 additional Tho
revenues are estimated at $50, O,OOO.-
600, mot counting money that may be
received from Germany
The grave douhts over Germany's
ability 10 pay the 100000 in
demnitY installment due the first Of
thC near year increases the poril OF
tfauce's economic situation.
Debate on the country's financial
position likely will last about fort
night and attacks against the govern
mcnt'H financial policy may bring
about changes I'm Premier BRAND :
cabinet With the premier In the
United States. the brunt OF defend
ing the ministry falls upon Minister
OF Finance Doumer.
Communist members OF the cham
Der demand that Franco lead the
way toward Limitation Of armament
at Washington In order to decrease
the expenditures OF this and other
countries.
The conservatives fell back upon
their old policy of Urging greater
pressure upon Germany.
There is n determined move In the
| chamber to reduce the number OF
government employees. IL IL csti.
mated that there Is one government
employe for every eight inhabitants
! OF tho country, including the colon