davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16

man Of the Steel Corporation, lined up
on the side of reductions, 1t is an ac-
ccpted fact. that a general reduction in
the pay Of railroad employees will be
ordered. Sentiment for a reduction in
freight rates has also vCercd, and while
revision Of some rates may be
ordered Il general cut does not now
seem likely. We doubt IL there will be
any great public demand for any such
reduction unless the profits OF certain
roads exceed what is considered as a
fair return TO the capital invested in
their properties
Hecker & Co." Although pessimis.
| tic stress is being laid on the passing OF
dividends by Some Of the important
companies Of the country, we do moi
look upon such conservative actions as
! bearish or unfavorable by any means
nor does the tape reflect any different
view, as shown by the advances which
have occurred and which have beer
held in nearly every instance after the
news was out that dividends have beer
omitted. II is good Judgment TO con
serve all cash possible in times OF buai.
ness depression. for II is seldom wise
to distribute that which has NOT beer
earned. Therefore. we would suggest
being very careful in selling stocks or
announcements Of lower or no divi.
dends.
| II. F. Bacl,man & Co.-"The cot
ton market has done little but mari
! time during the last week. fluctuations
being Of only minor importance. TIL,
acceptance by Germany Of the alliet
rcparation terms had no immediate Ct
| feet on the market. nevertheless II |;
Of far reaching importance and it's Of.
fects are certain to he reflected event.
ually. Washington advices state tha
Government economists arc convinced
Of Germany's ability to meet the obliga
tion imposed and they profess to see II
her decision promises OF economical re
vivnl that will cause a happy reaction
throughout the world. The British Goa
miners strike still hangs over the mar
ket and fears are expressed that thu
transport workers and railroad mer
may eventually be drawn into the con
/ fict. Tho cotton goods market is re.
| ported much more active. Wide sheet
! ings and pillow tubing are yer!
we'll sold. Sales Of one Of tn,
oldest and largest lines Of the sheet
ings in the market at value wrr,
recently totaled and found to cover tht
production for The next three months
Fruit Of the Loom IL said to have beer
withdrawn from sale. The Wcathc
Bureau reported another unfnvornb
week over two. thirds Of the cotton belt
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
GOSSIP OF
THE STREET

Quite a number of important financial
operations are scheduled to 20 through
To-Day. The turnover Of banking funds
VIII run into large figures aud prepara
mons 10 meet these payments unques-
fonabiy accounted for the stiffening OF
money rates toward the close q last
week. The effect Of these extraordinary
large operations falling on n single
date is likely to make for temporary
stringcncy in the money market. as Il
Will necessitate heavy shifting Of
banking funds.
The principal transactions are the
payments on allotments on the new
$3.50, 600 900 Northern Pacific Great
Northern bond issue which will prob
ably amount to at least 500, 900, 900
In cash the payment by the Treasury
Of S65, 900 900 In interest on the sec.
ond per cent and second AZ per cent
bonds, OF which approximately So, =.
100000 will be disbursed to holders
In this district; the payment Of $232-
$4,000 Of Treasury certificates of in.
debtedness falling due on Monday; the
closing of subscriptions on a new offer
ing Of $500, 100000 OF 5iR per cent
Treasury certificates.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
Getting Bearings Again

William A. Law, president Of the
First National Bank, in the unusually
interesting review Of the financial and
business outlook says
g hTe Nation is getting its bearings
again after seven years of suffering.
waste, extravsgant living, foolish cx-
penditure and inability TO say mo" as
II 1t meant It . The past month has been
productive Of genuinely encouraging de-
velopments. These have included lower
discount rates IN the United States and
Europe. better distribution Of retail
merchandise and improved spring trade
with prospects of >till larger fall busi-
ness, increased outputs of bituminous
coal. shoes and leather, some falling on
In the number Of idle freight cars. in.
creased loadings on the railroads, an
important advance in European cX-
change rates, together with rcassuring
news from the agricultural states. Re-
side all this there are sigus that the
people are protiting from the mistakes
Of the past and getting back to a com.
mon sense basis OF living and doing
business.
There are better days ahead for the
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
Pace Proved Too Rspid

While bear raids had something to do
with the weakness in the stock market
during the week. the course OF prices
was quite in line with expectations OF
many shrewd observers who have con :
tended right along that the upward
movement had been entirely too rapid
and that a reaction was inevitable. The
leading banking interests OF the street
have contended that money thus far has
not been in sufficient supply to warrant
the expectation of a sharp upward
movement in the stock market or a con
tinued advance. and therefore the rise.
which took place over period Of two
or three weeks, was quickly turned into
a reaction which extended almost
throughout the entire list.
There are factors, however. which
should not be overlooked in this con .
nection-namely, the foreign situation
which gives promise Of ultimately bring
ing about better conditions generally
throughout the world. but il may re-
quirc some little time before a condition
of normalcy is established in the mat :
ter Of trade relations between the va
rious countries.
Eventually. European countries
doubtless will be in the American mar.
ket for large amounts Of raw materials
and this will stimulate trade activities,
but it is a matter OF some speculation
as to just when such a situation will
develop.
West & Co.--"Thc market has dis
played more two sided aspect during
the last few days. Railroad stocks
which Jagged behind due to the uu.
certainty over the Pennsylvania Rail
road dividend, have displayed great
strength and industrial shares which
were cnlivcned by sharp upbidding ot
motor and tire stocks have lapsed into
dullness with declining tendency.
The strength Of tho former is due
to the hope for decreased operating
expenses; the cut in wages by the stec
corporations coming at an extremely
opportuue time for them as the wage
question is now pending before the
Wage Board. and with such strong
adherent of high wages as is the chair.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
NEW YORK coFFEE MARKET

New York. May 18.--The local cof
fee futures market opened dull and un
changed this morning, With trading on
the call confined to one lot of Scptem
bcr at $40. Owing to the holiday in
Brazil no prices THAI we're ofici ia were
received from the primary markets.
Shortly after the call, July sold 4
points net higher to COS and then off
Mt 6.O4 and at midday trading was pr1fr-
tically at a. standstill with no orders in.
evidence either way.
The amount Of Brazil coffee afoat for
the United States is now at very low
point, being about 1896, 900 bags, against
more than 700, 900 bags on April 1.
OF the amount adoat, about 13 900 bags
are Rio coffee. 20
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16

and IL looks now as though the condi-
tlon report ns Of May % will prove
very low. We continue our advice to
buy on all declines"
Copper Situation Slightly Better o
Leading copper sauthorities are firm
in the belief that the German settle
ment must eventually help the copper
market. But they do admit that there
Is not much likelihood that the improve
ment from abroad will be felt in the
very near future. They maintain that
the financial position Of the various
consuming countries. especially those in
Central Europe, must be materially i'm
proved before large demand for export
can be looked for.
II is doubtful at present whether cop
per could be purchased for late June
delivery at less than 1919 to 1874 cents
per pound, delivered. according to some
OF the leading authorities in the trade.
This price. IL il we're actually prevail
ing on transactions, would be the high =
est at which business has been done
! since late last year.
There is no denying the fact that a
more optimistic feeling prevails in the
trade, but II is also true that oil the
! dealers are watching developments
closely, and any price shading would
possibly again unsettle the situation for
time at least.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
NATURAL WEALTH

o Brazil o argr
svat
nau bnngne
and
haa deposits O dslppss
o les n
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
sproul to Confer on Fund Cuts

Harrisburg, May 16.--Chairmen Ct
the legislative appropriations commit
tees will be here this week for confer
ence with Governor Sproul regarding
the appropriations which must be dis .
posed Of within the next fortnight. The
Governor is having his own estimates
nues and this week wi VI study the reports
made by department heads on how much
can bo cut from the General Appropria-
ton Act and permit the departments to
function.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
U, OF p. studen ents In Barrie Play

An understudy for every part! Such
a plan has heen adopted by the man l.
ayers of the University Of Pennsylvania
Dramatic Club. so nothing may inter
fere with .he presentation Of "The
Admirable Crirhton." which the stu
dents will present ut the De Lanccy
Theatre, Seventeenth and De Lancey
streets. for one week beginning tonight
and Saturday.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
DIVIDENDS DECLARED

Solar Refining Co.. ,serni-annuel OF -.
Standard OF OF New Jersey. quarterly Of
81 25 on common and h.76 on preferred:
both payable June 10 to stock OF record
Montgomery. ward & Co. quarterly OF. ~
per cent on preferred, payable July i to
stock Of record June 2.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
Raw Sugar Market ST..

New York; May. ie--Tho raw s,y.,
GsS Gss = purcSsssd siSssd $1,000 Sef sss..e .essr Per-
nearby positions OF 5.02c, feos'
nortations Included ~, 900 haE, cll,.
bars Porto Rios TO Arbuckis md i1t
local refined market is unchans.d'A
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16

whole country. The stock market,
which is usually a Trustworthy guide
in such conditions, is beginning to dis
count favorable turn in business af-
fairs. There are many problems to
solve. but IL 1t is possible to obtain a
reasonably quick settlement OF the. Ger
man indemnity dispute much better
business conditions may be expected In
the United States and in Europe ~
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
Brokers' Opinions

Newburger. Henderson, q Loeb -
The market looks as II further adjust
ment is needed before the forward swing
can be resumed. For the moment tech &.
nical rather than fundamental condi-
tions are the governing influences. This
may produce further mental confusion,
but counterbalancing this as long pull
factor is the continued undcniable tes-
timony Of uninterrupted progress in the
strengthening of the economic position
Of the country at large. The outstand-
ing development Of the week from a
constructive viewpoint was the surren-
der of Germany to the Allies ulti-
matum. It seems inevitable that tho
German agreement to abide by the claims
of the Allies covering indemnities and
reparntion will soon result in a better
market situation. It is natural to see
a food Of selling on good news, hut
there is reason 70 believe that there
are purely technical market positions
that soon may prove Of greater force.
Constructively, than the profit taking
on the recent advance. In the mean :
time the monetary situation is improv-
ing as rapidly as could be lcgitimatcly
expected in view Of the suddeness Of the
commercial and credit collapse. The re-
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16
Find Boys Body In SchuylkilI

The body Of Louis Miller, Negro
boy. nine years old. was taken from
the Schuylkill River at Race street
wharf this morning. The youngster fell
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-16

in the. river, April 8, while 6sh,. 1
der the Spring Garden street bv,as br,,avsI
lived at 1927 Market street, NV
was discovered by n patrol bo,se
The New York herald., 1921-07-28
DR., STONE GIVES LIFE
TO SAVE HIS WIFE
Killed Attempting to Rescue
Her From Deep Crevice
on Mount Eon.
DEATH : INSTANTANEOUS
Mrs. Stone Rescued After
Eight Days and Nights
Without Food.

BANFT, Alberta. July 2S.-Dr. w. f.
Stone. president Of Purdue University
at Lafayette. Ind. gave his life in the
solitary fastness Of Mount Eon in an
effort to save his wife, who had fallen
to a narrow ledge on the face of a
deep crevice. w
The accident occurred when. as they
were climbing a steep ascent. Mrs
Stone lost her balance, slipped and
fell. landing on ledge. Her husband
tried to pull her up with a rope but
failed. He then climbed down to
where she was. and, taking her in his
arms, endeavored to reach the top
He had almost reached safety when
his hold gave way and he fell to the
bottom of the chasm.
Mrs. Stone. w1:o slid back to her
former refuge far above the body Of
her husband. will recover from her in
juries and the effects of being virtually
foodless for eight days and nights, &C
cording TO fragmentary reports reach
ing here from the rescung party.
She is being taken by stretchcr 10
camp on Merble Creek. nine miles
distant from the spot where she was
found and is expected to reach there
tomorrow morning. A. G.. Wheeler,
president Of the Canadian Alpine Club
and a party Of nurses have left here to
attend her at the camp.
The body Of DIR. Stone has not yet
been recovered. 1t is wedged between
two Jagged rocks at the bottom of the
crevice, the precipitous walls of which
render descent extremely difficult. His
death is believed to have been in
stantaneous.
Mr. and Mrs Stone left Banff on July
Is to attempt the ascent Of Mount Eon.
Both we're experienced mountain climb
ers. They carried rations for four days
and at the foot OF the mountain dis
carded everything save essential equip
ment
Shortly after the ascent was begun.
reports reaching here say, Mrs. Stone
slipped and fell to a ledge on the face
Of the crevice. The university president
lowered a rope to his wife. but his
strength was not equal to the task OF
raising her to where he stood.
Finally he descended and, taking Mrs.
Stone in his arms attempted TO climb
with her up the almost perpendicular
wall. He lost his footing and fell TO
the bottom Of the chasm. far below
the ledge TO which Mrs. stone then slid
back.
Searching parties from Camp Assini-
boine and other outposts In the region
have been combing the face OF the
mountain since concern first began 10 be
felt for the safety OF Mr.. and Mrs.
stone. II was not until the college
presidents wife was almost dead from
hunger and exposure. however. that their
search was rewarded
DR. stone, with his wife, had been
missing since July Is. when they left
the camp OF mountain climbers for a
three day trip to condition themselves
for the big Alpine camp meet at Lake
Ohara. this week.
The New York herald., 1921-07-28
HARRY H.DURYEADIES
AS RESULT OF SHOT
Found Tilted Back in Chair in
Office With Powder Mark
on Front of Shirt.
POLICE CALL 1T SUICIDE
Members of His Family, How
ever, Insist That Death
Was Accident.
POLICE CALL 1T SUICIDE

Harry H. Duryea of 144 East Fifty
fifth street and Roslyn, L. l., son of
the late Brig Gen. Hiram Duryea, a
distinguished soldier Of the civil war,
shot and killed himself yesterday in
his office at BAT Madison avenue. The
police and DR.. Thomas A. Gonzales,
medical examiner. were convinced
from the examination they made that
Mr.. Duryea committed suicide. His
Office associates and the members OF
his family are equally convinced that
he shot himself accidentally while ex-
amining a new weapon.
Mr.. Duryea was president Of the
American Woodworking Machinery
Company, which has offices In the
eighteenth floor of the building at S47
Madison avenue. a block away from
the sporting goods store of Aber-
crombie & Fitch. He was to have
started next Monday on a trip by auto
mobile to camp he owned In the
Adirondacks and yesterday morning
went to the Abercrom bic & Fitch store
and bought revolver to take along,
telling the clerk there that he wanted
1t because he had been held up by
bandits on trip he took last year.
Instead of taking the pistol away with
him he asked that 1t be delivered TO
his office as he was not going directly
back there.
It was delivered at 8 o'clock yester-
day afternoon and was taken in to him
had left II on his desk and while he
was alone in his private Office the secre-
tary heard shot and with two other
clerks hurried in to him. He was sit
ting tilted back against wall with a
bullet mark just above his heart. The
medical examiner stated later that he
must have died instantly.
The police and DR.. Gonzales know of
no better reason for declaring his death
a suicide than that the shirt he wore
was powder marked. showing that he
had held his pistol close to II. But
his friends say that since he had just
bought revolver 1t is reasonable to
suppose ne had been examining and
loading II and that obviously he had 1t
on the desk before him, only few
inches from his heart. as the police
say. But they insist that his money
and family affairs were all right, that
he had no motive to kill himself and
must have shot himself accidentally.
Mr.. Duryea's father, Gen. Hiram Dur
yea. was one of seven brothers who
established a starch factory at Glen
Cove. L. L.. fifty years ago and made
a fortune out of 1t. Gen. Duryea him
self died of pistol shot in 1914. when
his son. Chester ID. Duryea. shot him
while insane. Chester Duryea Is In the
State Hospital at Matteawan. Mr.. Dur
yea is survived by his wife. who be-
fore her marriage to him was Miss
Minga Pope: by their son. Hendricks.
who II 20 years old. and by sister,
Mrs. Ellery o. Anderson. Of this city.
The New York herald., 1921-07-28
Lad Held as Murderer
in Lackawanna Wreck

SCRANTON, July 27.-Four-
teen year old John Are, re-
siding at Glenburn, was arrested
to-day charged with having
caused the wreck of the Lacka-
wanna Limited near his home
last Friday. He was held with
out bail on a charge Of murder.
Two persons were killed and
twenty-seven injured in the
wreck.
The boy, who the police say
was caught in the act of placing
bolts and nuts on the railroad
tracks near his home to-day, ad-
mitted that he had placed the
five-eighths inch nut, which
caused last weeks wreck, on
rail.
He placed the nut on the rails
to be flattened out, he said, and
did not realize that any one
would be injured and was sorry
the engineer and fireman lost
their lives.
The New York herald., 1921-07-28
JAPANACCEPTS INVITA- TON
TO FAR EAST CONFERENCE;
WANTS PACIFIC DLSARMED
Japan Would Discuss Dismantling
of Naval Bases in Hawaii and Guam
~ the Associated Press.

TOXIC July 27-According the Asahi the Navy Depart
is drawing project for the disarmament confer
designed forsee all eventuie and by which, before
engaging in general discussion of limitation of armaments
would of the freedom of the
especially the principle of dmaning the de-
fences of of the Pacific considering the establish
of powerful American naval bases in Hawaii and Guam
which might constitute the starting places for attack against
Japan
these the might
recommending that the Government make
addition eight capital ships provided for in
the eight battleship eight battle cruiser programme
The fundamental idea is described being the removal Of
possible offensive by both sides The project will be
submitted all active mad retired officers joint conference
of the Navy War and Foreign Departments.
Takesh Inukai, leader of the KokuminTo Nationalist
party said regard the
preaching the light of national disaster but
will opportunity to promote world
welfare.
The New York herald., 1921-07-28
BOOKMAKER SOUGHT
IN NATIONS CAPITOL
sp,o,ai Despatch 10 THE NEw YORK Hrnstp
New York Herald Bureau.
Washington, u. C.. July 25. (

Washington police to-day started a
movement 10 drive bookmakers handling
racing bets out OF the Capitol.
Evidence Is said 10 have been pre-
sentcd 10 the police that bookmaking
has nourished in the Capitol and IL Is
probable that gome sensational dis
closures regarding operation under the
big Dome" will be made at a Grand
Jury investigation. The police have ar
rested Walter Wade Davis, living near
the Capitol. who is alleged to have oper-
ated handbook in the Capitol. His
arrest was said to he one Of the most
important In the antl-gambiing crusade
The New York herald., 1921-07-28
PARIS POLICE ACCUSE
AMERICANS IN HOLDUP
Say Train Bandits Belong to
International Gang.

special Cobie 10 THE Nrw YORK HERALD.
Copyright. 1871. bp THE NEW Yopx HrnsLp.
New York Herald Bureau,
Paris, July ~.
Not being able 10 trace the train ban
dts who emuiated the Jesse James gang
Sunday night by holding UP an express
train between Paris and Marseiiics. the
police are declaring that the men are
members OF an international gang who
haze been operating In France for sew
eral months.
OF the four 10 six bandits who were
engaged In the holdup--the stories of
the witnesses dlffering--three are de-
ciarcd 10 have been Americans. despite
the fact that all conversations were con-
Quoted In the purest French. According
20 the investigators at least three were
equipped with mustaches cut Americas
style and one Ia alleged 10 have worn a
khaki shirt such az have been sold In
tens OF thousands from American army
stock since the armlstisc.
The New York herald., 1921-07-28

conttrued OF Second Page.
The New York herald., 1921-07-28
Harding Pardons Soldier
Run from Army as Coward
Special Despatch to THE New YORK
HERALD.

Special Despatch to THE New YORK
HERALD.
New York Herald Bureau,
Washington, ID. C., July "a.
RLATCHFORD SHERMAN, one
time lieutenant of the Seven
ty-eighth Division, who was dis
honorably discharged from the
army on charges Of. desertion
and cowardice, has received a
full pardon from President Har-
ding.
Sherman, who is now living in
New York, had been convicted
by court-martial when it was
charged that he had failed to fol
low instructions of a superior in
going forward with patrol.
The pardon means restoration
to Sherman of his civil rights.
The New York herald., 1921-07-28

Continued or Ninth Page.
The New York herald., 1921-07-28
ASKS FLAG ON GALL0ws.
Lieut.. Wanderers Request VIII
Not ne Granted.

Special Despatch 70 THE NEW YosK Hrutp
CHICAGO. July 27.--Lieut. Carl Wan
dercr. who IL 20 be hanged Friday MORN
Ing In the County jail for the murder
OF the Ragged Stranger" to-day asked
the Jail authorities 10 drape the gallows
with the American flag when he goes
over the top"
This request win be denied 20 Wan
dcrcr." said Deputy Sheriff n. c. Lau-
hcnhelmer.
The New York herald., 1921-07-28

Continued on Second Page.
The New York herald., 1921-07-28
BIZ INC Associnted pr,,.

REvAL, July 27.--The Bolshevik au-
thorities always claimed Justification for
the arrest Of at least some Of the seven
or eight Americans known TO be in
prison in Moscow. Had they not been
Americans they would have been shot
long ago. one Soviet official said
In the course Of private conversations