davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-07-07
Time Money Appears.

For the first time in many weeks a
considerable volume Of time money was
negotiated yesterday. One national
bank for the account Of a Western COR
respondent loaned s2.000.000 in time
money at 6Ia per cent. for the first nego-
tiation running ninety days to per
cent at the low. Some time money was
obtained by all Industrial collateral.
some by mixed collateral and none of it
by all railroad collateral. The aggregate
was about half sixty day maturity and
half ninety day maturity. In the call
money market the rate in the New York
Stock Exchange was u per cent. all
day. but outside the rate went down to
per cent. About half the business was
done over the counter.
The New York herald., 1921-07-07
Baldwin up Nearly 2 Points.

Baldwin's advance Of 6% points to
7sM yesterday was accounted for IN
part by short covering and In part by
buying from quarters familiar with the
company's business. which Is said to be
unusually good at present. The Amer
ican Locomotive Company, too, Is going
ahead rapidly. That company announced
yesterday that 1t had received orders Tor
forty-one locomotives. including twenty
consolidateds, 157 tons. and seven Mlka-
dos. 22O tons, for Mexican Railways |;
four consolidateds, lat tons. for the
Monterey Iron and Steel Company OF
Mexico; three Pacifics, 146 tons. and
two Mikados. 14s tons. for the Pekin
Railways six ten wheel type. 50 tons,
for the Trinidad Railways; five con-
solidateds, Is tons, for the Japanese
Railways, and four Pacifics. lao tons,
for the Shantung Railways Of China.
The New York herald., 1921-07-07
SECURITIES AT AUCTION.

~ American Press Association. s52 lot.
22J Cuban Land and Steamship $50.
20 Navy Gear Manufacturing, si7 lot.
100 Central Sugar preferred. $3.50.
100 Central Sugar. s0c.
it,75t.i6 note Of r. M. IIodgens and Inez
II. Hodgens. reduced 20 S2.5j3.22, dated
October IL, 1914, interest at current rate,
but not less than per cent, against which
IS as collateral the following protested
notes: $4,000 note Of the Madison Land
and Irrigation Company, dated November
a. 1914: Si1.93f.42 note OF Incorporated
Land Company, dated October IL, 1914
SIC, ,46S.s0 note OF Incorporated Land Com
pany, dated October IL. 1914. and s10,-
dated October IA, 1914: $40.
The New York herald., 1921-07-07
Government Withdrawals.

The Reserve Bank Of New York an
nounced yesterday that the Government
would withdraw to-day from member
banks in this district $9,600,000 OF
United States deposits, making s19.600,-
600 for this week. The next United
States certificate maturity will occur on
July Is, when $132.SS6,50o Of loan GER
tificates, bearing interest at 6a per
cent, fall due. OF that total $49.451.-
500 was allotted to the New York dis
trict In certain quarters new issue
Of certificates to be paid for on July is
Is anticipated, but no issue Of two or
three year short term notes Is expected
before the middle Of September.
The New York herald., 1921-07-07
Chr Shortage Expected.

Ecipment manufacturers look for n
definite Improvement OF business soon.
Railr. ad purchases have been held down
to tho minimum Of current requirements
for years and the existing supply of
rolling stock admittedly would fall far
short of meeting anything like normal
traffic movement. Practically all car
riers have pursued for months the poll
Icy of cutting expenditures for mainte-
nance and repair of equipment down TO
the bone. On all sides 1t Is predicted
that the revival Of traffic. beginning
VITA the movement Of coal and grain,
will produce a severe car shortage In
tho fall The opinion prevails that few
roads will be able long to postpone the
purchase OF new equipment and the re-
sumption of repairs In their own shops
or outside plants or both.
The New York herald., 1921-07-07
Surplus Freight Cars.

The periodic figures on surplus
freight cars are by no means conclu-
sive indexes OF the general traffic situa-
ton, according to L. f. Loree. presi-
dent of the Delaware and Hudson. Idle
cars represent only the number Of cars
in good order and not In use, as given
out by the American Railway Associa-
ton, without reference to the number
of bad cars. which has been increasing
steadily for many weeks. Thus on
June is there were reported approxi-
mately 100000 idle freight cars and
about $4,000 others In dsrepair. maxi
ing a total of 900 cars not in use
out of approximately 2,35o.ooO freight
cars of all types.
The New York herald., 1921-07-07
FRANCE SUES o. S. RAILROADS
Alleges Overcharges in Demurrage
and Storage.

Hearings in the French Governments
suit against dozen American railroads
with terminals in New York for alleged
ovcrchargc in demurrage and storage
due TO the traffic congestion during the
war will be resumed before an examiner
OF the Interstate Commerce Commission
on July 20 in New York. The suit in
wolves between two and three million
dollars.
After considerably more testimony has
been taken the matter will be placed be-
fore the entire commission for decision.
1t will be several months before there Is
a settlement.
The New York herald., 1921-07-07
Commercial Money.

Bankers in closest touch with the
market for commercial money declare
that the basic rate for several months
will be per cent. and that no lower
Reserve Bank rediscount rate Is to be
anticipated for the rest of this year.
The demand for capital In the latter
par Of 1921 Is expected to mop up avail
able supplies Of commercial money. al
though investment bankers advise that
wherever possible the corporations
Anance themselves through the sales OF
securities.
The New York herald., 1921-07-07
Wage saving. for Railroads.

1t is estimated that the IL per cent
wage reduction which went into effect
on July 1 will save $4,000. 900 annu-
ally on the New York Central System
on the basis Of its present working
forces. which are about 20 per cent. of
normal. Under ordinary traffic and
business conditions the resulting reduc-
ton in the Centrars payroll would be
close TO S30.000.0o0. On the Pennsyl-
vania System 1t would be near 500. .000.-
600 and. on the basis of its present
forces about s36.000.o 900.
The New York herald., 1921-07-07
Buying for Foreign Account.

In connection with the rise In rails 1t
was gossiped in Wall Street that foreign
buying had made it's appearance to re-
place rail stocks and bonds sold during
the war. There was no confirmation In
banking circles of that talk.
The New York herald., 1921-07-07
SUBSCRIPTION RIGHTS.
UNITED STATES TREASURY STATEMENT.

spscdi o HE onKH rruo.
Bureau,
C.,
The New York herald., 1921-07-07
DIVIDENDS.

Stock OF Pay
record. able.
Am Cigar Co, q, s2....... July Is Aug !
Am 1t a Trac Co, q, S1...July IA Aug I
Am 1t g Trao Co pf a. 81. July IA Aug /
Carolina Power-Light Co. q,
S1.h0 ................... July is Aug i
Cons Coal Co, q, $3.50. July Is July 30
Federal Sugar R,g. q, 81. rs. July q Aug /
Fed Sugar Rig pr, tl5o.. July p Aig I
Shell Tr & Factory. si.s5I. July 13 July 20
Superior Steel Corp. q. 75c.. July 10 Aug ]
The New York herald., 1921-07-07
MONEY MARKET.
WEDNESDAY. JULY 9. 1921.
CALL LOANS.

WEDNESDAY, JULY 9. 1921.
CALL LOANS.
Renewals. 5ik Last. .....,....... bn
Jirh............... bMYear's high. y
Low. ............... 81 Years low........
TIME LOANS.
Nixed collateral, 90 70 90 days. 66Gh
Mixed coll lateral, 4 to G months. du6A
Industrials, 60 to 90 days............. 6d61
Industrials. 10 months. q. ....... 6161s
COMMERCIAL PAYER.
Rest names, to @ months. 9Af6x
other names, 10 months. ........ 6lz96A
DISCOUNT RATES, RESERVE BANK.
Commercial paper, 10 days, g. 10 20 10
daya gik: Liberty bonds and Victory notes.
is DAYS. O; 10 TO 90 days. 0; bankers accept
ances, 16 to 90 days. G.
OPEN MARKET RATES.
Primo eligible acceptances on call 81 re-
discount at Reserve Bank, 60 20 90 days.
biLd5A; non-member and private bankers.
eligible. GO 70 90 days, Dhd5%; non-ollgible.
co 10 90 days. 5M15A.
CLEARING HOUSE STATEMENT.
Clearing House exchanges, s6S1 200. 900 ;
balances. Sj7 500 600; Federal Reserve credit
balance. $5J 100000.
SILVER MARKET.
official bar silver in New York, domestic.
59Nc. an ounce, unchanged; foreign, b9jkc.,
Off No.; London, S6hd.. off nd; Mexican
dollars. a5ssc.. unchanged
The New York herald., 1921-07-07
U. S. CERTIFICATES AND NOTES.

Closing prices bid in yesterdays open
market for United States certificates Of
Indebtedness and notes follow
The New York herald., 1921-07-07
NEW YORK STOCK EXCHANGE QUOTATIONS
WEDNESDAY. JULY 6. 1921.

FEAR to date. ss.o7s.5ss 1245
The New York herald., 1921-07-07

los 32 Shanghai. cents taeI.
csSiss Ssa' ......scoS ..sS.S 7OSS 4S.sS ssCO sCO
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
EARL JAMES CONLEY

The remains of late private first
class Earl James Conley, member of
old troop X, arrived at Bruce, Friday,
June 10, accompanied by those of
Charles K. FELTON,, another Bruce boy.
The funeral was held from the Cath
Ollie church at 10 o'clock, last Sunday,
the religiC rs services being conducted
by FIR GirOurd. Members of old Troop
X and the American Legion posts of
Bruce and of Ladysmith and the Ser
vice Star Legions and w. r. C. parti-
cipated in the military hOnOrs. \ fir
ing squad fired a salute as the casket
was lowered to it's resting place.
Earl j. COnley was born at Reed,
Wis. May II, 1893. and when three
years of age moved with his parents to
ApOllOnia, where he lived until the time
he volunteered to serve his country.
He enlisted with old Troop X and left
here for Camp Douglas. later going to
Waco. Texas. and finally to France.
He was instantly killed by a Ger
man bomb on the morning Of August
6. 1918. After nearly three years his
body has been laid in its final resting
place The body was first buried on
the battlefield Later it was removed
to the cemetery at Orgies. then to
Fismes. then disinterred for the third
time and started on its final journey.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
COUNTRY TOWN BOOSTING

Right now agriculture is our big i'm
portant problem and it is the problem
of the manufactures, the merchant. the
newspaper and newspaper editor, the
banker and the general public just as
much as it is the problem of the farm
er.
Agriculture. above all industries. is
entitled TO constructive publicity Ag-
riculture is of such Importance that
we could well afford to consider every
thing that is spoken. written, printed
or painted in the light Of the question,
will it help or harm our Agricultural
Interests; will it benefit the Farmer?
Farming is just about the only thing
that has not used publicity to advan-
fage. 1t needs boosting. 1t cannot
get along without it, and still keep up
with the time
The farmer who can afford to spend
a dollar. or $40 or 500 cannot afford
not to spend ii in some way with the
community newspaper-either by sub
scribing. or having printing done. or by
inserting the card Of his farm in its
columns. or advertising the products
he has for sale to some extent. at least,
and at the right time. And the pub
Usher. on his side. cannot afford to do
thing less than boost the farmers
and the farm products of the county
contiguous to his place Of publication.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
AN UNJUST LAW

The proposed new auto tax law is
an unjust discrimination against the
automobile industry and against every
automobile owner.
Why the old prejudice against the
automobile should again be revived
and the industry singled out for this
spiteful legislation is hard to see. The
automobile has been one of the great
est agencies in the rapid development
of the rural sections of upper Wiscon-
sin 1t has taken the curse of loneli-
ness from the farmers life, brought
the farm located ten or twenty miles
from town. near to market and cOnSe-
quently vastly increased its value, it
has brought increased health to thou
sands of city jewellers by affording
means of getting ''clOse to nature" and
out of the heat, dust and noise of the
city
We all know how excessive freight.
express and passenger rates on tire rail
roads of the country are paralyzing
business What is the one agency that
is going to do more than any other to
force transportation rates down TO a
reasonable level? The automobile. The
railroads see it and are squirming.
The new law would provide a con
siderably increased license fee on
trucks for one thing.
License fees for all automobiles
would remain the same, but a two pei
cent privilege tax would also have to
be paid on the value of the car The
law would result in automobiles being
assessed nearer full value than any
other kind of property, just to cite one
discrimination. Then, again, the law
would single out the automobile as the
only kind of personal property on
which the tax paid would not he an
offset against income tax.
Still another discrimination in this
proposed law is that while one could
buy any other kind of personal prop
erty, or could add any other improve
ment to his home or farm. after May
| without being assessed for taxes uu.
til the following May. he would be as
sessed and have to pay tax immedi
ately and in advance on the full. new
value of the car. which would not be
the true. but an excessive valuation
thirty days after he purchased the
car.
The proposed law is unjust and
should he killed.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
PLANS COMPLETE
ON TRADE VISIT
St. Paul Visitors Will Entertain
While Seeking Trade
Relations

Detailed plans have been completed
men, who are out on trade tour Of
northern Wisconsin cities, to Lady
smith. next Tuesday, June 81.
Following the arrival of the train
at 5 80 p. NJ, there will be a parade
through the business section. 1t will
and all of the st. Paul party will
march in two columns. All members
of the ST. Paul party wear the same
kind of hats and carry canes and pen
nantS.
All children are requested to be at
the depot to meet the train and are in
vited to join in the parade, forming a
third column between the two lines of
the st. Paul boosters.
After the parade there will be a
short band concert, followed by COM
munity singing with distribution of
souvenirs to the children. During the
time of the band concert and cOmmun-
ity singing the ST. Paul business men
will call upon their business asso-
ciates, and our business men are re-
quested to be in their place of business
during the special. train stop so that
the visitors will be able to meet the
men they come to see.
Free Program at Fair Grounds
At Z 80 an informal meeting will be
held at the Chamber of Commerce
| rooms. A number of addresses by To-
cal and visiting business men will be
made.
At 700 O'Clock the Minnesota band
will give a short concert on the streets
and will theli march out to the fair
| grounds where there will be cOmmun-
ity singing, led by Hal Geer. Mr.
Geer will also render a number of vO-
| cal solos. A free open-air moving pic
| ture show" will follow the singing
| Everybody is invited to the concerts
and to the program at the fail
| grounds.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
TIT FOR TAT

The dumping grounds" a five-acre
tract of land about a mile northwest
of the city, owned by the city of Lady
smith and used to dump trash on. have
never been assessed for taxes-but they
will be this year.
Last summer the Ladysmith assess
or discovered that the town house prop
erty Of the town of Flambeau. situate
just west Of the city hall. had never
been assessed by the city, and it was
put on the tax roll This year the as
SCISSOR of the town Of Fiambeau retail
iates by placing the dumping grounds
of the city on the tax roll Of the town
of Flambeau
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
CHURCH NOTICES
Methodist Episcopal

10 200 a. m. Sunday school. Glasses
for all.
II 200 a. m. Morning worship.
Infants will be given the rite of bap-
tism at this service. An appropriate
sermon by the pastor Special music
by the choir.
200 p. IN. Epworth League.
Our young people should all remem-
her this service and aid by at least be-
ing present.
500 p. IN. Evening worship. Song
service led by choir. Subject of ser
mon: open Windows"
A cordial welcome to all the ser.
vices Of this church is extended
Strangers are especially hidden.
"The church with the live program
and the old home welcome"
G. w. EMERY, Pastor.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
TOO MUCH FAST DRIVING.

Two young sports were seen driving
Fords at breakneck speed on Peterson
avenue Tuesday evening at 80. One of
them drove un and down the street sew
eral times in Ford truck at more than
double the legal speed limit. This reck-
less driving should stop. There are Il
couple of delivery drivers in this city
whose right to drive a car should be
taken away from them if they don't
lower their speed.
The speed limit in cities is II miles
in the country, p miles.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
Church of Christ

There are two Sundays left before
the contest closes The Reds are still
% points ahead. We are anXiousiy
awaiting the results Of next Lords day.
We are not prophets. but we venture
mighty hard they will be forced to
give the all-day picnic
Bible school at 700 a. m.
Communion and preaching. II a. m.
Christian EndeavOr. Z 100 p. m
Preaching services at s 700 p. III.
Prayer meeting Thursday at p. m.
Everyone is most cordially invited
to attend any or all of our services.
FRED SAWYER. Pastor.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17

vey, both of Hawkins. were married
Monday at that place.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17

North Dakota has good crop pros
poets at present. but the farmers of
that state must fight to save crops from
the grasshoppers. They use tons of
poison in that state in battles with
hoppers and gophers. Hoppers are one
pest Wisconsin farmers do not have
10 contend with. Usually we have only
enough to fatten our turkeys and
trout on.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
MARRIED

On Sunday, June II, Miss Stella
Mae MCGOWAN, of this city, and Robert
NJ. Wedmark, OF Rush City, Mimi,
were united in marriage at the home
of the brides parents in this city.
Rev. Fred Sawyer performed the cere-
mony. The couple was attended
by Miss Laura Crack and Roy
MCGOWAN, brother of the bride. I'm
mediately after the ceremony they left
by car for the grOOm's home at Rush
City. Miss MCGOWAN has been one of
the cOunty's successful teachers, and
much joy is wished to the young couple
in their new life.
Arthur luck and Miss Bertha T.
Poland, both of WeirgOr, were united
in marriage Sunday afternoon at the
Congregational parsonage, Rev. Grant
V. Clark officiating. The newly-wedde,l
couple will reside at Weirgor.
The marriage Of Miss Alvina Karl
man, of Hawkins. to DOugal Paulsol,
Of Luck, Wis, took place Wednesday,
June 10. at Minneapolis. After a
short honeymoon trip they will reside
on the groOm's farm near Luck.
Miss Hazel Lester and John J. Har-
vey, both of Hawkins. were married
Monday at that place.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
Scandinavian Lutheran

Services again. in English. Sunday
June 10, at II 700 a. m.
No Sunday school while religious
school is in session
JOHN NJ RITLAND, Pastor.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
TO KILL OUACK GRASS

Pillow. work we'll SOW thick to sor-
ghum. sudan grass. or millet Do your
work thoroughly and you will kill the
quack and get a good crop of feed be-
sides
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
ATTEND OFFICERS SCHOOL,

Capt. Williams. First Lieut.. Maloney
and Second Lieut.. Kennedy will leave
Sunday for Camp Douglas to attend the
school for officers of the National
Guard.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17
PARTRIDGES NUMEROUS

Partridges are reported to be very
numerous this season. Deputy War
den t. NJ SOule says that the season
has been favorable for the young birds
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1921-06-17

Tony has adopted curfew ordi-
nance Hope it works better than the
Ladysmith curfew rule.
The Holt County sentinel., 1921-07-29
Overland by Auto 10 California.

Gideon kunkel, Sr., wife and son,
Gideon. Jr. wife and two children, left
81. Joseph. Tuesday Of this weex, July
os. by auto and trailer for Los An
geles, Calf. Gideon, ST., is now In his
s5th year. He crossed the plains ID
1850, By OK team. for the Western
mining country, in search Of gold and
was fairly successful. Since that time
he has made three round trips 10 Cali
fornia b. rail, and although he has
increased his travelling time consider
ably since 1850 by OK team, he is not
satisfied yet, and expects TO make bet
ter time this trip By auto; he is not yet
satisfied. and II time made BY auto Is
not faster than OK team and railway,
he says he viii try and get some faster
mode OF iocomotion on his return trip,
and Is seriously thinking Of returning
by aeroplane, and II he sets his mind
on this. he will sure try Il. Well, we
wish them a pleasant time and safe
journey and return home.
The Holt County sentinel., 1921-07-29
Back From Jefferson City.

Sheriff Seeman, accompanied by his
deputy, Ben Crouser, have returned
from the state capital, where they
took James Malani, Frank Parillo and
Carl Carson, who were each sentenced
TO serve three years In the pententiary
for robbing box cars at Napier.
Melani robbed car Of cigarettes
at Napier. with Jas. McDougal, April
10. They broke Jail the night Of May
"a. Melani was recaptured in Enid,
Okla, and returned Ia jail and was
tried and sentenced last week, July 20.
Parillo and Carson robbed a car the
night Of July 10th, and they we've
on their way 10 serve their term six
days afterwards.
George Edwards, a minor, who was
ARE sted with Carson and Parillo, was
given a reform school sentence for
four years. provided a home could not
BE- found for him. Should one be
found he will be paroled. Sheriff See.
man has him still In custody In the
hopes that a home may be found for
him.
The Holt County sentinel., 1921-07-29
Visiting Friends.

Miss ldoihs Bunch, who is a clerk in
the treasury denartment at Washing
ton, who has been visiting her parents
near Corning, was weekend visitor
here with her former employer, W: h.
Richards, and former chum, Miss Fay
Ia Quick, and other friends. She was
stenographer for Mr.. Richards, and IN
March, 1918, passed the civil service
examination, and went TO Washington
in March, 1918. v
The only objection she has TO Wash
ington Is the II. c. L.; otherwise II Is
a wonder full city.
In her spare hours she took up the
study Of law, in the Washington
school Of Law, and graduated IN June
Of this wear. We found her still the
pleasine character she was when here
al her desk in the W. II. Richards oi-
flee. She expects TO return to her du-
ties at Washington in the course OF q
week, having been granted a so-days'
vacation.