davidaulloa/AmericanStories huggingface dataset:
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
STRONG SECURITY MARKETS
HOPEFUL BUSINESS SIGN
By Wells Dickey Co.

One of the most hopeful signs upon
the present business horizon is the EVIL
dent strength of security markets.
! There has been quiet accumulation Of
stocks and bonds for some months past
with gradual upward tendency in con
ditions as a result. This improvement
in securities is due to purchase of those
who believe that they are cheap and
also that business generally is headed
for better things. In no way are pres
emit market tendencies due to manipula-
ton.
1t is. not the desire of bankers or
financiers to stimulate wild bull
market, neither do they care to see
a rapid Improvement in industry. What
they're working for is gradual recov-
cry which will put back to work the
men who are now out Of employment.
Present indications all point to the be-
lief that the worst is over in business.
Basic conditions in this country for
a return to normal conditions were
never better. We are now suffering
from underproduction and deflation in
contrast with last year when we were
experiencing overproduction, imitation
and reckless extravaganza.
One Of the reasons why conditions
are 10" Tipe Iol q tdiA uPW an III
commerce and industry is that the
United States now holds approximately
third of the worlds monetary gold
supply, about $3,375, 100000. In 1914
this country held only little over one
billion. This increase Of over two bill
lion dollars in new metal means the
possibility Of an increase Of about
twenty billion dollars in credit expan
sion when 1t again becomes necessary
for our industry to demand enlarged
credit accommodations. Bankers heart
lily agree that this influx Of gold will
be a good thing when business is again
conducted on larger scale.
The steel industry Is practically on
starvation basis. We are producing
less iron and steel in this country than
at any time during the past IS years.
Great Britain is producing practically
no steel because of the present coal
strike. Germany has only about one
third Of her pre-war iron and steel
production. Russia is producing moth
ing and the output of France is about
one half normal.
We have practically suspended drill
ing for oil, prospecting for copper.
building Of steel mills, construction Of
railroads, in fact. the whole process
of developing the wealth of the country
has been suspended temporarily while
readjustment has been going on. When
things get going again hundreds Of mil
lions Of dollars will again seek invest
ment in the channels Of Industry.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
&,5~ STUART p. WEST
Special Cores pendent of The Tribune

Copyright 1921, by The Tribune.
New York, Sept 24.--In no week SO
far this year have developments affect
ing the business and financial situation
bean so uniformly favorable to those
of the last six days. In the eastern
section Of the country almost the last
steps have been taken under the re-
strictive measures upon credit which
marked the period of extreme initiation
from the fall Of 1919 to the mid win
ter Of 192O-21. In the midst of the
crop moving season, when money de-
mands are ordinarily at their maxi
mum, the federal reserve banks at
New York and Boston have reduced
their rediscount rates to 5 per cent,
that is, nearly back to where they
were two years ago. The general
banking position is the strongest in
four years, and the present ratio of
68% per cent compares with 1872
per cent in the final week of Septem-
Der, 1919.
Low Rates for Loans.
IN keeping with the reduction in
bank rates, open market quotations
have fallen so that commercial paper
is back very close to what it was in
the early autumn two years ago, while
time money is much easier than 1T was
either then or at the same period of
1918. In fact, the present figures Of
81 to 51a per cent on loans for five
day periods are the lowest and the
supply the freest in long series of
years. The lowering Of the interest
rates calls for lower rate on invest
ments and consequently raising Of
investment values. This readjust-
ment going on all through the bonds
and affecting stocks, the dividends on
which are limited, emboldened syndi-
Gates to offer new securities like the
equipment trusts, on terms which
would have been wholly unacceptable
even a month ago.
Increased Steel Activity.
At the same time the trade news had
become better. The steel corporation
has followed the lead of the indie
pendents and put it's prices for sheet
steel IS q ton. The Iron Age, not
given to optimism has gone on record
with the statement that a gradual in
crease of activity at the steel mills is
looked for during the remainder OF
the year, although with no broad buy
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
Patent Rights Are
Appropriated in S. A.;
Adjustment Necessary

Buenos Neutrality-suspicious. of
the Associated Press -Complain has
often been made by manufacturers. and
others that on entering South America
for the purpose of selling their products
they found that some enterprising per-
son had appropriated their trademarks
and patent rights, thus, being able, TO
own brands without. adjustment"
Probably the most. curious case of
such an attempt to appropriate a de-
sign was made here, recently when an
English firm applied for: patent rights
on the American flag. 1t WAS denied !.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
GREAT NORTHERN TRAINS
HOLD CLOSE TO SCHEDULE

OF 5OO3 trains operated on the Great
Northern lines during the month OF
August 1912, or 99.38 per cent. ar
rived rived at +, their heir destination strdns on s ts
received at the Great Falls offices OF
the Great Northern Friday. This leaves
less than two-thirds Of one per cent
which were late. In view of the
mountainous territory Of large por-
ton of the Great Northern. officials
stated, this average is as good as could
be expected.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
Mi11ing News of Butte
During the Past Week

Iperus vein Of the Dayis-Da1y on a
lease; 10 making progress = connection
with the refinandng o4 4 resumption Of
work, 90 the directors statA
The Tuolumne Copper Mining com.
pany with its west drift on TIA 1000
still IL in soft ground with more water
continuing to appear, which n regard
ed as good indication. More straaks
of higher grade Of ore than that Of
an average of the entire face are
showing.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
Stock Market
- seen by
Bulls & Bears
<Reported by H. B. LAX. + Coz.

New York, Sept. 24.-The turnover In
today's session was chiefly representa-
tive OF weekend evening up. transac-
tons and price changes Tor the major
part were fractional Rather active
selling in Royal Dutch, which was ru-
mored to be for foreign account, caused
q sharp decline on that issue and en-
eouraged operations for the decline in
the oil list. However. the balance Of
and this was particularly true Of the
rails and steels. 1t is very possible
that some further irregularity may be
witnessed in certain of the oil issues,
l na5 on On the whole we incline to the Pc
will be resumed next week.-Logan &
Bryan.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25

MONTANA CASH OATS.

| As Virtually no Montana oats are Eol6
to Minneapolis the quotations given In
the grain bulletin on oats are OF no
value to producers except as they show
the daily fluctuation in price. The
Great Falls cash price for oats is ap-
proximately the Same as tho Mime
'Apolis cash price, with q slight dsduc-
ton because OF competition Of oats
grown in Canada.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
BANK cLEARINGS DECLINE
FOR BOTH WEEK AND YEAF3

Great Falls bank clearings for the
week ending Saturday were 81 ,2O3. $50,
a drop Of $50, 800 from the clearings Of
the previous week and $1,O72, 1877 less
than the figures for the corresponding
week of last year
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
BOSTON CURB CLOSE
LIBERTY BONDS,

closed: 81s $3.50; first a. $3.50 bid;
second IS 5000; first. 4Ns 5000; sec.
ond ANS $50; third 4As 1914; fourth
Ans $9O.34; Victory 3Xs $3.50; Victory
ANS $500,
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
Chicago Market
GRAIN AND PROVISIONS.

| Chicago. Sept. 24.--The wheat market
was unsettled on the board of trade
today with prices fluctuating rather
rapidly at times and going into de-
cline at the finish when December clos
red to TX down, at $1.25a, and May
IN to off. at s1.2sA to $3.50 Corn
dropped a shade in sympathy with
wheat while oats showed Independent
strength and finished unchanged to a
shade advance.
The bulk of the wheat trade was Of
local character with considerable
weekend evening up but the light out
side trade prevented any great enthu-
sasm and a majority of the traders
were disposed to keep close to shore
Corn and oats were somewhat unset
tied but the undertone was easy as
there was little in the news Of a con-
structive character Trade was mainly
local.
Provisions were lower on lack Of sup
port and moderate selling with the
greater part Of the trade in lard. Heavy
shipments for the week failed to have
any effect.
The prices of futures ranged as fol-
Iowa.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25

The Union army lost 1884 men in
the battle of Bull Run; the Confed-
crate army lost 1881.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
RANK RESERVES.

New York, Sept. 24.-The actual con-
dition Of clearing honse banks ana
trust companies for the week show that
they hold sac .65s $50 reserve In excess OF
legal requirements. This 10 decrease
Of $21, 1866 $40 from last week.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
CHICAGO CASH PRICES.

Chicago, Sept 24-Wheat-No. 1 hard
s1.2s.
Corn-No. mixed 53k @53Ac: No. 2
yellow 53A@54c.
white San a3be.
Rye-No 2 Sl.O4h.
Barley-55Q60c
Timothy seed-S42 56450.
Clover seed-S12Q1S.
Pork--Nominal: lard 1927; ribs $3.50
90
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
At SPOKANE.

Spokane. Sept 24-Hogs-Receipts
none; market steady; quotations un-
changed.
CAttle-Rcceipts none: market steady;
quotations unchanged.
Sheep-Reeipts 16; market steady:
quotations unchanged.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
AT KANSAS CITY.
Ar poRTrAyn

Portland, Sept 24.--Cattle-Nomin ally
steady; receipts 2S.
Hogs-Nominally steady; receipts IS.
Sheep-Steady; receipts 75.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
MONEY.

sTERL1NG-Par s4s51s per sovereign.
! Demand ................. :. ~
Cables .S.iS72
FRANCE-Par 1913 cents per franc:
| Demand ...........'.'. ~
BELGIUM-Par 1913 cents per franc.
Demand ............ NJ
HOLLAND-Par 4O.2 cents per florin.
Demand ........... .'.'.'' o!.oo
Gables .''' 'oA-oo
iITALY-Par 1913 cents per lire.
Demand ..........-. 4.!4Hz
Cables Alo
GERMANY-Par 23.s cents per marx.
Demand NEUTRALITY-SUSPICIOUS.. VA
Gables .S1A
GREECE-Par 1913 cents per drachma.
Demand ACKNOWLEDGEMENTS. .4So
SWEDEN-Par 268 cents per krone.
Demand 2Loo
26.S cents per krone
Demand ................ .1oo
ARGENTINE-Par R.45 cents per pa
per peso.
Demand .31.75
BRAZILIAN-Par 81 cents per milreis.
Demand ........................ 1912
Prime mercantile paper 51a @5A; ex-
change irregular. Montreal 1915 per
cent discount.
London, Sept. 24.-Money per cent.
Discount rates-short bills 4 per cent;
three months bills AZ G4A 4 per cent.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
REAv.Ty TnANsrrRa

Strain Realty Co.. to Harold r. Cram,
land In Monarch known rs lot 81 Of
Campers addition, 81.
Hattie Sheeks to Benjamin A. Sheeks.
lot s. block 1874. Great Falls. 81.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25

The Eswgng-Ho river destroyed a
million persons in the flood Of 1877.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25

NEW YORK COTTON.
New York, Sept. 24.-Spot cotton
Steady; middling S20.15.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
Livestock
AT CHICAGO,


Chicago, Sept. 24.-Cattle-Receipts
/ 600; compared with week ago: beet
steers steady to 25c lower: natives and
grassers and heavy steers lower; choice
| off most; fat she stock steady to 25c
lower; most decline on better grade
cows and medium and heavy heifers;
| Gamers 10 to 15c higher: bulls Is to 4oc
lower; veal calves mostly 81 lower;
heavy calves dull and unevenly lower.
| Hogs-Receipts 1000; opened steady
to 10c lower; later market steady with
yesterdays average; top $50: bulk
lights and light butchers s7.75g1o; bulk
packing sows $6.35Q6.75; holdover lib
sral; pigs steady; bulk desirable 1880
sheep-Receipts 5000; receipts today
week ago: fat lambs 81 to $50 lower;
culls off most: yearlings quotable 800
heavies at the bottom; feeder lambs
rs to Soc lower.
AT SOUTH ST. PAUL.
South St. Paul, Sept. 24-Cattle re-
sspT range ap Of throusS Sns 70 ca
cage; few cattle offered here today
practically steady with Friday; COM
pared with week ago, beef steers most
fy 50 lower; best butcher she stock,
spots off more; Gamers and cutters
and bills steady to Is lower: veal calves
mostly 81 lower; best lights top pack
ers today $s.5091o; stockers and feed
ers unevenly 25G5o or. more lower;
I; bulk $5G6: butcher she stock $4,000
$50: bulk $685.: Gamers and cutters
S2l3; bologna bulls $2.7593.75: stock
ers and feeders $S.50G6.5o: bulk $3.50
as.
steady to strong. range $5-75G14o;
bulk se174o; good pigs SITS
supply billed through; few native
lambs selling today. around $6o or
week ago, native lambs $125g15o low
er; best sheep fully Is lower; feeding
lambs steady to Is lower.
AT OMAHA.
2,e Oena 10 to Csc lower; top s7s5; bulk
Of sales $607.
Cattle-Receipts 100; compared with
week ago: good and choice yearlings
steady; top sos; others and cows and md
butchers rs to Soc lower; bulls strong
to CSC higher; light veals CSC lower:
others mostly 81 lower; stockers and
feeders Soc lower.
sheep Receipts none; COMPARED with
week ago: lambs fully 81 lower; sheep
and yearlings mostly SOC lower.
AT KANSAS CITY.
Kansas City, Sept 24.--Cattle--Re-
ceipts coo: for week: fed heavy steers
Generally CSC lower; others steady to
25c higher; grassers mostly weak to 25c
lower; spots off more; she stock. bulls
and vealers steady: heavy calves soc
to 81 lower; Gamers and cutters strong
to CSC higher; stockers and feeders
steady to Csc higher; stock cows and
heifers 25c higher: stock calves weak
to 5Oc lower.
Hogs-Receipts TOO: active. uneven.
around steady with yesterdays average:
few head $3.50; bulk light and mediums
81 Ao@775; heavy mixed $6s017; bulk
Sheep-Receipts 200: for week: fat
sheep 30 to 7bc lower: lambs $50 to
S1.75 lower; feeding lambs mostly 2Sc
lower.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25

A former German liner is to b.
placed on the San ancisco-Japan run.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
RTTTER EGGS. PRODUCE.

NEW YORK SUGAR.
New York, Sept A.-Raw sugar
Centrifugal Sass. Refined-Fine gran
ulated 35.6GGlb.66.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
MINNEAPOLIS CASH PRICES.

MINNEAPOLIS CASH PRICES.
Minneapolis, Sept. 24.-Wheat re-
ceipts ZIG cars compared with 343 cars
9, 1 year a a Cash > Nc; 1 n northern IN
Corn, No. 3 yellow, As nominal.
Oats. No. 8 white. 32h 433h.
Barley. A2@5s.
Flax. No. /, $2.01@2.04.
Flour unchanged to 10c higher. In
carload lots, family patents quoted az
$S65GS70 barrel, in 50 pound cotton
sacks. Shipments 1889 barrels.
Bran. s13@14.
BUTTER, EGGS. PRODUCE.
New York, Sept. 24.-Butter-stead
creamery higher than extras. 44Q441s G:
creamery extras 43hc; creamery firsts
36u4217c.
fresh gathersd extra firsts 4704sc; DO
f,rsts 40g 45c.
Chicago, Sept. 24-Buttsr-Lowsr:
creamery extras 43c; standards BIC;
firsts 1914 Q41c; seconds 30g31 NC.
| Eggs-Unchanged; receipts son
cases.
| Seattle, Sept M.-Eggs. select local
ranch, white shells. so; ditto mixed col
ors. As; pullets 3503s.
Butter-City creamery cuDes' 40
bricks or prints 48.
NEW YORK SUGAR.
New York, Sept N.-Raw sugar
Centrifugal S4s6 Refined-Fine gran
ulated 35.6oNh.66.
SILVER.
New York. Sept 24-Foreign bar sill
yer 6SMc: Mexican dollars 62Ac.
London, Sept 24.-Bar silver Ard per
ounce.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
SILVER.

New York, Sept. 24.-Foreign bar sill
yer 6SMc: Mexican dollars 62Ac.
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25
NEW YORK STOCKS.
September "a.

Omen Htrh Lou Close 81 les
Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-25

London, Sept 24.-Bar silver ard per
ounce.
The New York herald., 1921-07-17

Mile. Pauline Po,
who carried off the
prize in a recent con-
test as the most beau
tiful girl in France.
She is only II years
old, with a dazzling
complexion and large
violet eyes. Gilliams.
Evening star., 1921-04-03
FRINGE FINDS COMFORT
IN AMERICAN ATTITUDE
7ardieuSa>sP PeopleAre Convinced Washington
WiHNot Support Germanys Objection
To Paying Indemnify Imposed.

news from Germany continues
most unsatisfactory. Respecting
disarmament. the Bavarian pre-
mier makes inf1ammatory speeches,
stubbornly refusing to disband the
pseudo police organizations which
i'm case Of war would furnish
nuclei and munitions for general
mobilization.
Respecting reparations. the Berlin
government refuses to pay the
billion marks demanded by the COM
mission as the first inStallment of
twenty billions. due May /. Mean
while. we hear of enormous in
creases in the capital of Germany's
great industrial companies, and IA
to 80 per cent dividends create the
impression of undeniable pros
perity.
French and German Taxes Compared
In my last dispatch l gave GER
tain figures showing the German
tax receipts between April. 1920.
and January. 1921. ] will now add
that comparing the receipts of
those ten months with the same
months of the previous year. the
increased taxes collected amounted
to 'twenty-six billion marks. The
increased postal receipts were two
billions a nd increased railroad re-
ceipts nine billions.
The customs taxes levied on to-
bacco. beer, spirits, wine, sugar
and matches by France and Ger
many also furnish some striking
comparisons. It is revealed. for in
stance. that these taxes total IA
francs per capita in Germany and
142 francs per capita in France, or
ten times more.
/ must apologize for citing too
many figures but figures are more
eloquent thap~phrases.
To complete the story, remember
that France already had advanced
thirty-eight billion francs on ac-
count of pensions and damages
chargeable to Germany. 1t is thus
easy to understand that Frenchmen
are unanimous in thinking that
present. conditions can no longer
be tolerated.
Reconstruction in France.
I have just returned from trip
through the devastated regions.
Thanks to the admirable work of
the peasants. agriculture has been
resumed nearly everywhere. Eut
the people are living in frightful
novels. Only a handful of the
thousands of houses destroyed have
been permanently rebuilt Yet
Germany. the cause of the war and
the destruction, with her own
means. of production unimpaired,
refuses to pay and forgets the
treaty of Versailles obliges her to
pay reparations before all else.
Americans must realize this sit
uation in all it's details Their con-
science will give the answer.
Copyright. 1921
Evening star., 1921-04-03
PORT LABOR QUITS
At BUEN0S AIRES
Refuses to Reload Anferican
Steamer Until Union De-
mands Are Met.
By the Associated Press.

By the Associated fress.
BUENOS AIRES. Argentina. April 2
The Port Workers Union here has
held up all work in discharging the
cargo and the reloading of the Mum
son line steamer Martha Washington
since her arrival here March %. be
cause of the refusal of the line 10 ac-
cede to the demands of the union IN
behalf of the ships lrenen. which
grew out of the wounding Of one on
the firemen in struggle with tne
steamers master-at-arms.
1t is alleged the fireman in question
on returning from shore leave beg an
firing his revolver promiscuously. two
of the shots passing close to Chiet
Officer Ross. The master-at-arms at
tempted to subdue the fireman. who.
during the tussle. received bullet
wound. and later was taken to hos
pital, where he Is expected to recover.
Ross and the master-at-arms were
arrested. but the former was rele sed
after a day in Jail. the master-at-
arms being still in confinement
Meanwhile the Port Workers Union
intervened and presented demands to
the Munson line, signed by represe nta-
tives of the union and the ships hre-
men. who are Spaniards. requiring.
among other things. that the captain
nay off any fireman who wished to
leave the ship. the firemen alleging
they had received brutal treatment
during the voyage.
The company objected to the de-
mands holding that since the fire.
men had signed in New York for the
return trip any question of bad treat
ment could be referred only to the
United States consulate.
Workers Send Delegation.
The port workers sent a delegation
to Consul General Robertson, who,
they reported. refused to see them.
saying he would deal only with the
firemen and the steamers captain and
not with the labor union.
The union announced that the boy
colt would continue. and the Munson
line then referred to the United
States Shipping Board the question
whether the line. should give in to
the labor union. The local Shipping
Board Office is understood to have re-
ceived instructions from Washington
that it would be unable to intervene.
American law requiring a settlement
through the consulate.
Evening star., 1921-04-03
70 REDS ARE SLAIN
IN GERMAN CLASH
Fifty Others Wounded by Sc
curity Po|ice-2,000 Com
munists Now Are Held.
By the Associated Press.

BERLIN. April Twenty of a
party Of FIVE hundred communists
were killed and fifty wounded today
by the security police in the vicinity
Of Halle in putting down an out
break in connection with the passing
communist agitation in mid-Germany.
The police captured $50 rifles six
machine guns and considerable am
munition.
It is reported. semi officiaily. that
a total OF 1000 communist rioters
have thus far been arrested.
Tho Prussian government has Of
fered a reward Of 100000 marks for
the arrest of Max Hoelz. the COM
munist leader. as the alleged insti-
gator OF the mtd-German, ,uprisinE.
KruDp Workers on Duty.
COBLENZ. April 2-The workers
in the Krupp plants in the Rheinhau.
sen, Moers and Crefeld districts, in the
Belgian occupational zone. resumed
work this morning under supervision
Of the Belgian troops, which put down
tho recent communist uprisings in
these regions. The miners also re-
turned to work.
ty-three Of the communist lead
ere who were arrested will be court
martialed on charges ranging from
simple misdemeanors to attempts at
open rebellion, and some Of the trials
may involve the death penalty.
The BelgfanS since Thursday have
arrested moro than 500 communists.
Order now has haen. funy--re-estab-
1ished.