davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-07-16
WHEAT HITS HIGH
PRICES OF SEASON
Bullish Crop Reports Send
September and December
Deliveries Soaring.

CHICAGO, July 15.-New high price
records for the season were reached
to-day by September and December
deliveries of wheat. because of bullish
crop reports. July was depressed by
storage difficulties here. The market
closed unsettled at 1A cents net decline
to 2 cents advance. with September at
1.32iz to 133 and December at 1854
to 137. Corn finished 4 cent off to
u cent up Oats gained q cent to 1as
cents and provisions u to AZ cents.
At first the wheat market showed
a general downward tendency owing to
cooler temperatures and numerous re-
ports of rain. An emergency rule. MAX
ing grain in cars here acceptable for
delivery on July contracts. was also a
bearish factor. Crop experts in the
Northwest. however, sent word OF in
creasing danger from black rust. and
talk of an all around advance in prices
followed, but in the late dealings senti-
ment became more divided. owing partly
to assertions that Great Britain had
resold 100000 bushels of wheat at "a
profit. Besides. pressure on the July
wheat delivery was greatly increased
by gossip that railroads might declare
embargoes against certain elevators
here as a result of the elevator en-
ployees' strike.
Expectance of large shipments of corn
soon to Montreal helped to rally the
corn market from the bearish effects
of rains. Oats displayed strength as
result of the poor crop outlook.
Higher quotations on hogs lifted pro-
visions.
The New York herald., 1921-07-16
PRODUCE.

BEANS-Marrow. choice, 100 lbs, sea
6.25 red kidney. $11.75 white kidney, $3.50
Q13.25.
BUTTER-Creamery. higher than extras,
b., 42q42iAc. extras. o. score, 4lgIilsc. (,
firsts, 3sa40kc.; seconds. 3iW3Iizc.; un-
salted, higher than extras, 440i4lac.; ex-
tras 42hI43Jkc. firsts, 3Sdi2c.; seuonds.
34d37Ikc: state dairy tubs, finest. 4Oiad
41c good to prime, 3o640c.; common TO
fair. 3lG37kc.; ladies. current make, ..rsts,
30Md32isc.; seconds. 2sc; packing stock,
current make. No. /, 2Sc.; No. 2. &c.
CTEESE-New York state. flats. specials,
20c.; average run, 190i9hc: State twins.
specials. 20c. average run, 10d10hc.; Wis
consin, double daisies, 10MM20c.; single
daisies. i0iS020c Young Americas, 20hg21c.
EGGs-Fresh gathered. extras. dozen. 3s
n30c.: extra firsts. 3jn37c; firsts, 31q34c. I:
seconds and poorer. 26u30c; trade eggs, 2Gm
2oc. dirties regular packed. No. 1, 26w
dry. 23d25c.: refrigerator eggs. cpecal
marks, fancy, 35k136c.; firsta, 33d35c. !;
seconds. 3On32c. State, Pennsylvania and noar
by Western hennery whites, extras 5iI5.c.
extra firsts. 4Tn5Oc; firsts, 43GD46c gath
cred whites, flrsts 20 extra firsts, 43050c. :
under grades. 36If0c. Pacific coast, white,
extras, 5i052c. extra flrgts 47050c. firsts
431iGc. other Western and Southern, gath
cred whites. 3iT4lc. state, Pennsylvania
and near by Western nennery browns extras.
i1di3c. gathered brown and mixed colors
graded extras s-3seapr; firsts to extra firsts.
POTATOEs-Jersey. bag, s2q250 Long
Island. $2Q3.50 Maryland, 81. 25d3. .25 /;
Southern. TocG$3 sweets. Jersey. basket.
rouITRy. DREssED-Fresh killed. chick
The New York herald., 1921-07-16
Average Bond Prices
July Is, 1921.
BOND NEWS AND NOTES.
onerings Next Week.

Something like $1,000 900 of new issues
are being groomed for offering next
week, part Of them public utility issues
and the rest of them industrial securi-
ties. They are divided into five or
six relatively small issues none of them
larger than 900 and one of them.
the Spicer Manufacturing Company. an
issue of $25O0,oOD. At the same time
no word of any large issue being on
the fire was obtainable yesterday. New
state and municipal issues on which
sealed bids have been invited are not
particularly large for next week. as re-
ported thus far. On Monday the city
Of Philadelphia will open bids for So
100000 of it's 51a per cent. fifty-year
bonds and the city of St Paul for
s1,00O,OO0 of it's 6 per cent. thirty-year
school bonds. The next day the city of
Des Moines will open bids for S2.52O.o0o
of its per cent. five to twenty year
optional school bonds. On Friday Mer-
Ger County. Pa, will open bids for
s1,50O.O00 of it's AZ to per cent. and
5Ae per cent. one to twenty-nine year
serial road bonds.
The New York herald., 1921-07-16
Another Rail Issue Allowed.

The New Orleans. Texas and Mexico
Railway was granted authority by the
Interstate Commerce Commission to
issue $3.499.122 of conditional sale pur-
chase notes for purchasing equipment
under contract with the National Rail-
way Service Corporation. The road was
authorized to assume liability for pay
ment of s926.000 of promissory notes
given by the National Railways Service
Corporation to the United States for
a loan on account of the equipment
and for 1925, 900 of deferred lien certifi-
Gates to be issued by that corporation
and, pledged with the Secretary of State
as part security for the note and loan.
The carrier was authorized also to issue
100000 of first mortgage per cent.
gold bonds and to pledge $233,0OO of those
bonds with the Secretary of the Treas
ury as additional security for the note
and loan and $467. 900 of them with the
Guaranty Trust Company of New York
as security for the performance by the
carrier of it's obligations under the car
rier contract.
The New York herald., 1921-07-16
COTTON MARKET IS
WITHOUT FEATURE
Movements During Session
Are Narrowly Irregular
Close Is Steady.

The cotton market was yesterday mar
rowly irregular, the days business lack
ing feature, of any kind. Dealings rep
resented largely evening up by Wall
Street interests. Shorts were uneasy.
due to the turn for the unfavorable in
weather conditions of the South. where
moderate TO heavy rains fell in many
sections. For the present dry. clear
weather is desirable in the South. Once
in the session prices were about 10 to 20
points higher. but that gain was not all
held because of professional long selling,
which developed In the last half hour.
The general situation was without new
development
Liverpool spot business continued
active, about 10000 bales changing
hands. Liverpool futures prices were
somewhat better than expected, reflect
ing more favorable trade conditions
abroad. It was reported from the other
side that Lancashire spinners had de-
cided to increase their running time from
twenty-four to thirty-five hours a week
in the American section and abandon
the short time schedule in the Egyptian
section. The local market was steady,
II points higher on July and l point to
points higher on other options at the
outset. A few July notices were in cir
culatioa. but they had no effect on the
market. The relative firmness of July
at the start was due to short covering.
The markets trend was downward after
the call, but after sagging about 8 or 6
points under Thursdays final bids, in
creased demand appeared which sent
values 5 TO 10 points UP from the pre-
ceding final bids.
Trading was neglected early in the
afternoon. Offerings were well absorbed
and the ne rket had steady to firm
undertone in its third hour. Many
operators did nothing pending changes
in the wea:her in the cotton belt. Re
newed selling by Wall Street longs and
Southern hedge offerings resulted In a
reaction from the top in the final half
hour. The market closed steady, un-
changed to IL points higher. The local
spot market was up 80 points to 1915
cents. Fail River business for the week
ended last night was reported as some-
what heavier, sales then amounting to
some $4,000 pieces.
Range of prices:
The New York herald., 1921-07-16
CALIFORNIA BOND
ISSUE SELLS WELL
Distributing Syndicate OBJ
tanned Securities at Close
Auction Sale.

The syndicate headed by the Guar
anty Company of New York which OBJ
tanned s4,s7S.000 Of 5A per cent. eleven
and half year average highway bonds
of California at a close auction sale
late on Thursday in Sacramento offered
those bonds yesterday and. without
counting their sales on the Pacific coast.
all of them except 367 had been dis
tributed. The offering prices ranged
from par for their earliest maturity to
1922 for their longer maturities and
their yield basis was 5M to $40 per
cent.
r-.s scene at the auction sale was an
unusual one, according to reports re-
ceiyed here as representatives of sew
eral syndicates attended 1t. The bid
ding started we'll below par, and at that
figure two were left to fight it out. The
bids crept up slowly in dollars until one
representative reached the limit of his
instructions, which was just under
s4,Ss7,500. The successful syndicate
had, wired its representative limit OF
10o.40, or $4.S97.512. He bid that limit
and was awarded the issue. Had the
limit of the competing syndicate peeh
S25 higher 1t would have obtained It.
Besides the Guaranty company. the
members of the successful syndicate
were the Bankers Trust Company. kis-
sci. Kinnicutt & Co., Eldredge Co..
Stacy & Braun, Hannahs, Ballin & Lee,
Anes. Emerich G. Co., Blyth, Witter &
Co, Curtis & Sanger and the Anglo
London and Paris National Bank OF
San Francisco.
The New York herald., 1921-07-16
Bond Prices Hold Up Well.

The bond market yesterday was de-
void OF feature. Transactions in every
department were light. but price levels
were fairly well maintained In the
foreign bond group city Of Christiania
So had the widest movement, opening
at 90 and declining to 97A. United
Kingdom bonds. which have been strong
of late. were reactionary. Demand for
railroad bonds was fairly we'll dis
tributed and fractional advances oc-
Cured in that group. Western Electric
Is we're about the most active of the
Industrial issues. being dealt in at
slightly better prices. American Agri-
cultural 71as eased off large fraction
from their opening price of 96 and Cuba
Cane Sugar debenture rs also lost a
little ground.
The New York herald., 1921-07-16
"MoDERN MILLERsv OUTLOOK.

Special Despatch to THE New YORK HERALD.
CHICAGO, July 15.-'General complaint
of disappointing yield and quality" says
the Modern Miller, comes from the soft
winter wheat States. Many fields that
looked good just before maturing are
shown by threshing returns to be poor.
Crop in these States will not be much
larger than last year. Complaints from
the Southwest are more scattered. Me-
braska advices are more favorable. Heat
caused further deterioration in spring
wheat and much of 1t did not fill prop
erly, while there is considerable COM
plaint of blight. Rust reports are more
numerous"
The New York herald., 1921-07-16

ems. broiiers. 35T43c. fowls. boxes, 20n
86c.; bbls.. dry. 22i35c. iced, 22n
Doc; old cocks. 1sa22c. turkeys. 25
qSsc; ducks, Long Island, 2sc
chickens. hroors. 25T36c fryers, 36c
fowls, 20d35c.: old cocks, l6d2ic.; capons.
fSg53c.. turkeys. 40G5jc.
POULTRY. LINE-Fowis. freight, 3sc. ex-
press. 31I35c. brciiars. freight, 3Gd3sc ex-
press. 30N i3c. old roostors. freight. iSc
turkeys, freight, 25c. ducks freight, ga
25c.; Long Island. spring. 2Sc. breeders.
Csc. ducks, expresr. 25d2Sc.; muscovey, i5c.
geese, freisht. f4sgl8c. swan, i3c. pigeons.
pair 4Od50c. gulneas, pair. 0Oc rabbits.
express, ID, 1sa20c.
The New York herald., 1921-07-16
CREW SUES FOR WAGES.
Members Want Dollar an Hour for
Saving Leaking Schooner.

Boston, July 15.-A demand Of men,
bers of the crew of the Gloucester Ash
ing schooner Frank S. Pierce for pay at
The rate Of 81 an hour for seventy hours
spent at the pumps after the schooner
sprang leak. was the basis of a libel
against the vessel filed in the Federal
Court to-day.
They asked that the schooner be sold
to satisfy their claim. The schooner is
now being repaired at Fairhaven, where
she put in after her mishap.
The New York herald., 1921-07-16
METALS.

On the New York Metal Exchange
yesterday standard tin was quoted at
27 bid for all positions; 90 per cent. tin
was q asked, and Straits shipments were
offered at PITS.
Copper spot was weak and offered
at 1915.
Zinc was dull and quoted at Ass.
East st. Louis zinc was dull; spot and
July. 4.10. and August and Septem-
Der, AIS.
Lead was quoted at 4.40 here and at
4.l5 in East st. Louis, all positions.
The lead market was quiet.
The New York herald., 1921-07-16
"An ounce.-
SUGAR.

Transactions in Cuban raws amount
ed yesterday to close to 10000 bags, ar
rived and July shipment, at cents, cost
and freight, with sales of about 10000
bags Porto Ricos. July shipment. at Az
cents. G. /. f.. all to operators and local
refiners. At the close of the day it
would have been possible to have
bought Cubas at cents, C. 1. f.. in
prompt positions. Porto Ricos were
offered for August shipment at Az
cents. C. !. f., but buyers showed little
less interest after recent heavy pur-
chases.
Refined sugar was unchanged, list
prices ranging from $50 to 5.75 cents.
The range of prices in yesterday s
sugar futures market was as follows:
The New York herald., 1921-07-16
CHICAGO PRICES.

Reselling by England OF between
600. 900 and $1,000 bushels of Manitobas
and hard winter wheat featured yester-
days cash wheat market. That reselling
led many to believe that European crops
had not been damaged seriously, as
earlier reports would have the trade be-
lieve. Certain traders were of the opin-
ion that the English thought that prices
were high enough. for the present at
least. No new business was reported.
but 1t was rumored that Germany had
bought wheat, but confirmation Of Ger
man purchases was lacking. Corn sales
were moderate here, but the West re-
ported sales of 900 bushels of corn.
Exports of provisions were large. but no
figures of them were given out The de-
mand for provisions is declared 90 be the
best in thirty years.
NEW YORK PRICES.
wHEAT-No. . red. s1.4z; No 2 hard;
sl.53; No: ! Manitoba. SILT; No : mixed
arrive late, July shipment.
C0RN-No. yellow and No. white.
s4@4c.; No. 2 mixed s4l4c. c. /. (. New York.
oATs-No. i white. 5iHc.; No. white,
ole; No. white, 49Hc. No. white. 47hc.;
fan fancy % Clipped White o4g24e es;to ordinary CLIP
RYE-No. Western. s1.53A f. o. b., and
siisn & ! e. MSw 9STf 7Sgzsc mailing sao
SIC. C. /. T., New York.
HAY-No. 1. s3O131 No. .. $26d2s: No. 3.
s23G25; shipping $20a22. ton. TIMOTHY
No. 10 / large bales ton, S2sn32 shipping,
s2Ja26: no grade. s1sG22; fancy light clover
mixed. s30T3i No. 1. clover mixed. s27Q29;
No. 2, S2jd26: alfalfa. $20T32
STRAW-No. / rye, S2iG2i tom No. /
oat. Sl2; wheat. bundled, S2a; tangled. s1iq
u.
BRADSTREETS EXPORTS-wheat and
flour for the week. 5.4T3.90t last week.
a.4S477 bushels; last year, 1O.470 iSs: since
July 1. 1883, ,6s2 bushels. compared with
1925 ,29s bushels year ago. Corn exports
The New York herald., 1921-07-16
LONDON MARKET.

LONDON, July 15.-There was better
tone in the stock market to-day, with
Improvement in most sections. This did
not extend, however. to gilt edged secu-
rifles, which continue to reflect weak
ness. Quotations in London were to-day
as follows Bar gold, 113s. 4d. money
3% per cent. Discount rates-Short
bills, Az per cent. three months bills
5M per cent.
The New York herald., 1921-07-16
Rio Grande do Sui Seeks Loans.

The Department of Commerce has
been advised by its consular agents that
the. Brazilian press reports that the
state of Rio Grande do Sui has en-
tered into negotiations with New York
bankers for State loan of between
thus acquired will be spent in improv-
ing the railway system of the State and
in completing the port works OF Porto
Allegro, both of which are State property.
The New York herald., 1921-07-16
cold In hand.
wEEK,s FAILURES TOTAL aat.

The total number OF business failures
last week as reported by the Credit Guide
was 331. Is per cent of which were In
business less than two years. This com
pares with 2S6 in the previous week and
9s5 I'm the week before that. In the
corresponding week of last year defaults
numbered 165.
The New York herald., 1921-07-16
EXPORTS FROM NEW YORK..

Exports from New York yesterday
Wheat. s7.939 bu.; corn, 42,629 bu.
oats. 59,s44 bu. flour. 51,661 sacks
oatmeal 7.1s0 bbls. pork. 100 bbls.
beef. "a tcs. bacons. sss,500 lbs.
hams. 27.5o0 lbs. lard, 4.s7s.o25 lbs.
stearine. $4,000 lbs /; cheese. 122,70t
lbs. lubricating oil. 6l.750 gals
The New York herald., 1921-07-16
sERGEANTs ARE PROMOTED.

Police Commissioner Enright an
nounced yesterday the promotion of five
sergeants to be lieutenants and seven
patrolmen TO be sergeants. The newly
appointed lieutenants are Charlees j.
Saich, Martin Burk. Bernard Starkey.
Thomas T.. Rand and George Darrow.
The New York herald., 1921-07-16
Mackcnrie Power Companies.

The Ontario Hydro-E Electric Power
Commission has recommended attaching
provincial guarantee to $13,0O0.0 900
bonds OF Mackenzie power companies.
waizn are being bought out by the COM
,..~)sion. The bonds are held in Eng
and and bondholders have demanded
the, guarantee as part OF the bargain.
The New York herald., 1921-07-16
PENNSYLVANIA OIL MARKET.

OIL CRY, Pa, July i5.--Credit bal.
ances s2.25. Runs, 7o,52O barrels aver
age, 1857. Shipments, 1859 barrels
average. 40,s34.
The New York herald., 1921-07-16
BANK OF FRANCE STATEMENT.

FXsrs. July 15.-The weekly state
pent OF the Bank of France shows the
lsu~wing changes:
The New York herald., 1921-07-16
LIVERPOOL.

Spot cotton In good demand at ; points
decline; middling, S.19d. Sales, 10. 900 bales.
including 5000 American Imports 1000.
none American. Futures opened 10 points
10 points higher July closed. S.49d. Octo-
ber s77d.: December. s.S5d.; January.
S.S5d.; March. S.s9d., and May, S.94d. Man
chester-Yarns in moderate demand; cloths
quieter.
Weekly cotton statistics-Imports. II 600
bales, including 49, 900 American. stock,
219 600: American. 793. 900. Forwarded,
80 600; American, 80, 900. Exports, 5000:
American, 1000. Sales, 6s,000; American.
43 600. Quantity afloat, all kinds, 1ls,OOO;
American, 81 900.
The New York herald., 1921-07-16
LIVE STOCK AND MEAT PRICES.

Common to prime steers. 100 h. 50 N o.25
Common to choice bulls, 100 b.. 5.5Op
Common to choice cows, 100 h.. 1.JOu $50
Common to prime veals. 100 H.. ai3.50
Common 60 prime sheep towes),
100 lb. b................... ~
Common 10 prime lambs, 100 ID. 8 ef12.50
Live hogs. 100 lb..............10 W1O.TJ
Dressed beef steer sides lb.....10- n17c.
CITY dressed veals, lb..........12 M22c.
Dressed mutton, lb.............. n13c.
Dressed wethers. lb.............14 Gf1ec
Dressed lambs. city, lb..........20 u30c
The New York herald., 1921-07-16
BID AND ASKED QUOTATIONS
n. Y. STOCK EXCHANGE QUOTATIo,

To the following prices accrued interest is
to be added in every case:
EOPEIGN RONDS.
The New York herald., 1921-07-16

s51. New Orleans steady, 13 points higher,
II ,ssc.; sales. 1,037. Mobile, nominal 80
points higher 10.75c.; sales, nil. Savannah,
steady, unchanged, II Csc; sales, nil. Nor
folk. quiet, unchanged. 11.75c.; sales, ATS.
Baltimore. nominal. unchanged. 12c.; sales.
nil. Augusta, steady, unchanged. 11.75c;; {;
11c.; sales, $50. st. Louis. quiet, unchanged.
11c.; sales, NIL Houston. steady, unchanged.
12c.; sales, 2,1S6. Little Rock. quiet. un-
changed, 10.75c. sales, 725. Dallas. steady.
20 points higher, 10.S0c.; sales, 2.711: Mont
gomery, firm, 13 higher, 10.sSc.; sales, SO.
gales 100
The New York herald., 1921-07-16

81. 500. 526.3S
+. f. LANG. Secretary.
The New York herald., 1921-07-16
4. 4.029. 569.S0
& aas Ind AZ

Surplus December
81. 1920 (as ad-
justecD ...... s244. .57i.13
Profit for months
ended March 81.
1921. 1881 .oS
The New York herald., 1921-07-16
STATISTICS.
COTTONsEED GoL.

Range of prices:
The New York herald., 1921-07-16
NEW ORLEANS,
SOUTHERN SPOT.

Market closed steady with net advance of
TO IL points. Closing. July, 11.68; October
IL. .43; December. 1874 January, 1885;
March, 1904.
The New York herald., 1921-07-16
NEW YORK PRICES.
RRADsTREET,s EXPORrs-N

flour for the week. 5,4739O4; last week.
a.4S4,77S bushels: last year, 10.470, 1883; since
July /. 14,95s. .6s2 bushels compared with
9.323 ,29s bushels year ago. Corn exports
The New York herald., 1921-07-16

MANHAIIAIN
Tho following judgmcnut we're flied yester-
Evening star., 1921-11-12
W0M|EN'S | COUNCIL .
QUARTERS URGED
Mrs. Moore Makes Sugges.
tionS in Annual
Report.
By the Associated Press.


PHILADELPHIA, November H.
Establishment of permanent head
quarters at some central point where
at least one executive salaried officer
should be In charge, and the forma-
ton Of q board composed Of one
member from each affiliated organiZa-
tion interested in national legisla-
tion to decide as to what Is he
work of the council as a whole and
what should be delegated to the diff
ferent organizations, were among the
recommendations submittedto the Ma
tional Council of Women today by
Mrs. Philip North Moore of St. Louis,
the president, in her annual report.
There must be headquarters which
the report. IF the president were
permanently in office. the city of her
choice might be designated. in which
case there should be residing in the
same city an executive secretary with
a salary; who could make decisions
and carry them out in the presidents
absence.
IF, however. the president believes,
as I do. that new ideas occasionally
should be presented, and that one
person cannot initiate and perfect
plans, and hold an organization with
out distinctive propaganda. then 1t
would be wise to maintain headquar-
ters at some central point where, at
least. one executive salaried officer
should be in charge"
With regard to the proposed board.
Evening star., 1921-11-12
FOUR HOUSES SOLD.
Structure With Three Stores Also
in Weeks Transfers.

The new building on the southeast
corner of 4th street and Florida ave-
nue northwest, erected recently oy
+ s. Gruyer, has been sold to an un-
,amed local investor. The structure
contains three stores. with apart
,nents above. The sale was negotiat-
d through the office of the N. l..
;ansbury Company.
Among other sales. totaling $4,000.
,rranged in this Office, were the fol-
Mrs. Rosa De Carre sold her home
It 3522 18th street northwest to Col.
William T. and Mary NJ. Morgan.
rhis is a modern home. containing
nine rooms and bath.
vas sold to Jessie Childress for Mrs.
Mary o. Bishop. This is a two story
detached frame building. containing
line rooms and bath. with hot water
leat and garage on rear.
capt. S. J. Seals and wife pur-
hased from J. Shirley Hall two
story colonial brick house at 320S
Park place. 1t contains six rooms and
oath, is heated by hot water and has
electric lights.
Mrs. Effie L. Cain purchased corner
house at 18th and Park road. This
was one Of the homes recently COM
.,leted by B. H. Gruver. 1t contains
light rooms and bath, hot-water
heat. electric lights and built-in
garage. Mrs. Cain has taken possess
ion Of this property and is occupying
Il as her home.
Walter d. Bodecker and wife pur-
iased from Harry A. Kite two
.;ory brick house at 3O4 Rhode Island
avenue northeast. There are six
rooms and bath, hot-water heat, cleo
..:c lights and sleeping porch.