davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
Railroad Officials More Optimistic

Officials of railroads operating from
Chicago and st. Louis east were some
what more optimistic in their reports
covering the past weeks operations.
There is still no lack of equipment, but
the grain movement has made neCes-
sary the use Of many cars In spite of
the fact that most of the through grain
to the seaboard is going via the lakes.
General merchandise traffic is broaden
ing little. and this has been encour-
aging. Moreover, there were a few
indications that the steel and iron busi =
ness was working into a little better
shape. although improvement in this
respect is still slow. An increased
movement of building material is looked
for with the adjustment of laDor wage
difficulties at Chicago. Local conditions
in many sections are said to be improv-
ing since the heavy marketing of the
crops.
Officials Of Southern lines report n
slow movement Of coal compared to last
year. moderate shipments Of lumber and
continued heavy shipments Of wheat to
the Gulf ports. Cotton is moving in
fair volume. General merchandise is
keeping up well, but total traffic is still
below the figures of year ago.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
rKNrNSNLs FNE KAINCONTs. 0FFICa
PARTNER SHIPS
THE FIRM or SAMUEL BOLDER AMI

THE FIRM OF SAMUEL BOLDER AND
Abe kOtmPn. trading ps Bolder a Hot
man, mas been dissolved rs mutual agree
ment as Of SeptembeT 4. 1921.
The bus ness VII he continued by Abs
ROtman under the name Of Abe Rotmsn n
| Co., at the same address no Horfk
| Sixth street, Philadelphia. TO whom ali b}liS
| should be presented and paid,
SAMUEL BoLDum
JOS. sTERNBERGER. Attornsr -
a2T Lafayette Bldg. se W
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
AUGUST EXPORTS
SHOW BIG GAINS
Aggregate Increase Approx
mateIy $54, 900, ,ooo-Im-
ports Up $17,ooo,ooo

Washington, Sept. 12.-Exports in
creased approximately s54 900 900 and
imports about SIT ,OOO, 900 during Au-
gust. as compared with July. according
TO the monthly foreign trade summary
issued today by the Commerce Depart
ment.
Exports during August aggregated
1915 900 900. compared with S321 900. =
600 during July and with S57S 900 900
in August, 1920. Exports for the month
reached the highest total Of the year
since March, when the figure was
1887 900 900.
Imports for the month totaled S194,- :
600, 900. against SIT 100000 in July
and 1913 900, 900 in August Of last
yenr. The import total was the highest
since May, when the figure was S205, =
00O. 900.
For the eight months ended with Au-
gust exports aggregated 1920 .000, 900,
responding months of 1920, while i'm
ports for the period aggregated 81 1903, =
900 900, against So, ,995 900 900 for the
eight months ended with August, 1920.
Gold imports for August aggregating
SS6,OO0,00O were the highest for any
month of the year except March. when
the total was SS7 .O00.0 Gold i'm
ports in July tutaled S64 900 900 and in
August, 1920, SIS 10000 Exports
Of gold during August amounted to
S671 .652. as against 50 1875 900 in July
and $25 900, 900 in August, 1920. Gold
imports for the eight months ended with
August, totaled $500 900 600, compared
with S160, 900, ,OOG during the corre-
spending months of 1920. while exports
for the period amounted to S11 900, :
GOO, against S242 900, 900 during the
first eight months of last year.
Silver imports for the month aggre-
gated $4,000, 900. against "a 900 900 in
the same month last year. while ex-
ports amounted to S3,740 900, against
81, 400 900 in August last year. Imports
Of silver during the first eight months
aggregated SAG, 200, 900, against $67. =
600 900 during the corresponding months
of 1920. while exports for the period
totaled $50 1000 900, against $02. :
600 during the eight months ending .\u :
gust, 1920.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
-Annmnl Meetings

5:s-T SETH WARD u. & l.. ASSOCIATION.
- Annual meeting IN Music Hall Tacony
ON Wednesday. sept. - 1871 Mt 4 T.. N.
] Il. CIRRIER. SecY
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
GOSSIP OF
THE STREET

Probably the improvement in the cot
ton situation throughout the South has
had more to do with the revival OF
activity and strength in the stock
market than any one other element
within the last fortnight. Bankers Of
long experience say that the significance
OF the release Of money In connection
with the advance in cotton prices will
be more far reaching than the aver
age layman realizes because those who
had felt that there was little chance OF
coming out even are now placed In a
position where they will be able to not
only pay off loans, but at the same
time will have something left to con-
duct such other activities as may be
deemed conservative and advisable. Not
only has there been betterment in the
cotton situation, but trade reports in
dicate some improvement in other lines
of industry, which has tended to create
feeling Of greater confidence than has
obtained in a year or more past.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
U. S. Certificates and Treasury Notes
Reserve Banks Discount Rates

f.Acceptable for payment OF Income Tax
due on date of maturity.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
Better Conner Demand

Developments in the copper market
last week were more encouraging than
in some time. Buyers came into the
market after the holiday and the result
was that prices were advanced. Lead
ing selling agencies are now quoting
12A "a cents per pound for nearby deliv-
cries and 1914 cents for October ship
ments. However, the metal can still
be purchased for prompt delivery at
12h cents per pound from some deal
ers, but 1t is asserted In leading quar-
ters that the amount of the metal avail
able Mt below the quotations Of the big
interests is small. and the belief pre-
walls that before long this quantity will
have been absorbed.
Domestic consumers are showing more
interest in the market and. while they
have been hesitating somewhat since the
advance was made, it is the opinion in
the trade that virtually all the users
are bare of supplies and will find It
necessary to get into the market to
cover for their requirements.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
May Put on the Brakes

Unless bond men become too enthu-
siastic over the improvement which has
been shown thus FAR in the trade, the
indications are that there will be an
excellent bond market for some time to
come. Within the last few days, how
ever there has been considerable ag-
gressiveness on the part of some deal
ers in the matter Of putting out new
ume of offerings than for a long time
past. The market, however, Is under
stood to have taken these new securi-
ties without much difficulty, but fears
are entertained that there will be such
large volume of offerings in the event
of prices continuing to improve that in
vestment channels will again become
clogged the same as they did last May.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
LONDON STOCK MARKET
Moderate Buying of IndustriaIs
kaffirs Flabby-Home Rails Dull

London, Sept. 12.-There was no
feature to the trading in securities on
the stock exchange today. but the mar =
kets generally were maintained. Opera :
tions In the oil department were pro E
fcssional. but the undertonc was firm.
Shell Transport and Trading was
. -32 and Mexican Eagle 3-16.
There was moderate buying of in Z.
dustrials. Hudsons Bay was @. Rub
bers were listless, but steady. Kafirs
were flabby and neglected
Dollar descriptions were irregular,
following New York exchange. Home
rails were dull and without a leader.
Light profit taking was noted in Ar.
gentine rails.
The gilt edged list was firmer in spots
on purchasing for investment account.
French loans wavered in sympathy with
Paris.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
Brokers' Opinions

Newburger, Henderson & Loeb:
The spectacular upturn in the cotton
market last week not only set the pace
for all the speculative markets, but un-
questionably, as time will show, marked
the real turning point in the general
situation. The weeks developments, no
matter from what angle they are viewed
did much to confirm recent statements
as to the constructive program in the
making. 1t would be altogether un-
reasonable to expect prolonged major
movement on the constructive side at
this stage Of proceedings. Neverthe-
less, there are sufficient signs indicating
the bear movement Is practically over
and those of the professional element,
who have for so long met little opposi :
ton In their depreCiating tactics, have
clearly lost their grip. 1t seems almost
little short Of paradox that condition
which would ordinarily be viewed almost
in nature of calamity should produce
a complete transformation of market
sentiment. Such, unquestionably, has
been the result Of the last Government
report on the crop of that important
staple. 1t demonstrates the inevitable
force of the law of supply and demand
and the usual results of something
every one wants with the supply cur
short The incident promises to bring
about rapid adjustments of fundamental
conditions that only a short time ago
were seemingly unSurmOuntable without
application of further drastic measures
When it Is remembered the level of the
active stocks is from to 20 points
above the low prices of the year Il
temporary halt and some reaction would
not be surprising, but we think the
order of things has radically changed
and that the better grade of stocks can
be safely purchased on all recessions
instead of sale on rallies as hereto
fore
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12

PENNSYLNANlA DErkRTMENT OF



, Dinyh0usr and tunnel at the State Sans
,orium for TubrrCulDsis near CressOn Cam
MI County Pennsylvania, will be received
, ry Edward Martin S'atr Health Commis-
st,rar AZ his office In Harrisburg un,ii
Monday, september 20. Io2l. '"
Tn prluc .Dal Items ur work consist Of =
rr.sfOrv CtnCirtr-aNd-S',n masonry huiId
az approximately lO6N3S feet and a re-
nforced concrete tunnel S'xS'xsO feet In
Plans and specifications may be scan a,
tho ofrice OF the State Department ~
Health. Harrisburg; at the State sans.
q MytOn Archit ct. Juhnstuwn and ssts
may be obtained Wednesday, September "a
At The above offices in Harrisburg or Johns.
town upon deposit Of Twenty-Five DolIsr.
~ for return Of each contract set In xood
condition.
Each proposal must bs accompanied by
rortihed check for $500 The successfui bid.
. dor win be required TO give a surety BOND
for the fun amount Of the contract. Ths
| right - .rserVcd to reject any and all bida
Heating, lighting and plumbing not In
udrd In this proposal
PROPOSALS. FOR RAINCOATs. OFFICn
Of the Commanding Otrcer Phlla. Quarter
| master intermediate Depot. Phfla pa
sealed propOSa in tTsplcRte will be re.
Ccived here uulii 10 \, VI. OStnndard Ttms)
! October 3, 1921. for furnishing all or any
! part Of 90, 900 raInCoats. Information on
request.
BIDS WANTED FROM CONTRACT0Ra
and builders for building q garage. Pians
to be seen at Saop Realty Co., 3l33 Frank
| ford avenue
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12

Raw Sugar Market Steady

New York. Sept 1.-THE raw sugar mar
ket remained steady today at about ~ c
q 4 There were no sales reported on
Saturday. Importations on Saturday in
ciuded 10000 bags San Domingoes to tho
bags Porto Ricos to Arbucklc Brothers, and
$1,000 BAGS ,GHa65GSss, GH6GSs to an imporier;, ,Ths
to .8bc less . per cent for cash for fine
granulated,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
Liverpool Cotton

Liverpool. Sept. l2,-There was good
demand for spot cotton today, with prices
isi points Tor middlinE at is, lid. The sales
ware i5, 900 bales, The receipts were rs, 900
lures were strong In the early dealings spot
prices were; American, ,mddling fair. 10 52d,
good midding, l4.0ld; fully midding | 1 bod
middng, l3.77d; low middling, l2.9Td; good
ordinary, ll.02d. and ordinary, HID,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
Wanted-a GOOD Bond Man

An investment house with a state wide repu.
tation for fair dealings with its customers
wishes TO enlarge its scope.
II can use one or two experienced bond men
Estab bill shed clientele while desirable, Ii not
essential. The ability and the will to work
hard and inteigenty Is paramount
For such men this house offers something
more than a permanent travelling Job.
Address inquiries to G l33. Ledger once
writins your present employer. M -
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12

Chicago Union
sta CT w
&c.. 100
Chi & w ] As
5..... 60l9
c q w I 7Ls
1..... OF
Chile Cop'r 6s
10..... II
1b..... 72h
Chile Cop'r Is
6..... 96 u
4..... 90 "
Chinese Cove
Hulk Rly 5s
h, iSla
800. 4Sk
c ? & ID AVS
.,.. 10
CT Chris a Ss
. -. 1O1
CIT. OF COpcn-
~
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
Hecher 4 CO.-"Now that the mar

Hecker 4 CO.-'Now that the mar
ket has had n considerable rise during
the last week. caution should be cxer-
cised in buying stocks on bulgcs in
which n large short interest has been
instrumental in bidding them up. Many
stocks are still very cheap. particularly
some of the preferred stocks and the
rails. The latter show gain of ST.
600 900 in net compared with June rep
rescnting return of AZ per cent.
This is only beginning. The financial
affairs between the railroads and the
Government are rapidly being adjusted
for the good of the equipments, steels
and business in general
THE TRADER.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
SDeCiaI Meetings

--5sT 4 SPECIAL MEETING OF THE
stockhoders OF The Moore White
| Company will I've hed a. the general Offices
of the Companv on the first day OF Novem-
her. 1921. NJ 10 o'clock 4, NJ. 10 take action
| on approval or disapproval OF the proposed
irsue ~ 800 600 OF 100, cumulative pres
r,rrcd stock. ~ I've exchanged for the present
lssuc OF 500 Oo0 % ~ preferred stock.
SHELTON a. H1RBS,
SncrntarX
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-12
Prices Heavy on Paris sourse

Paris, Sept. l2.--PTices were heavy on
the Bourse today, Three per cent rentes
SO francs bh centimes, exchange on. London
81 francs % .ceallmesi per cent loan, 81
q aS.S ~ fssntimsa. - s'''''
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-12-06
FREIGHT RATE CUT
ON FARM PRODUCTS
OFFICIALLY ORDERED

WASHINGTON. Dec. 5.-Volun-
tary railroad proposals for inaugu-
ration of a 10 per cent decrease in
freight rates on practically all farm,
range and orchard products in the
United States outside of New Eng
land, were accepted Saturday gy the
interstate commerce commission.
Orders were issued allowing the
railroads to disregard all usual re-
striction in making up the new rate
schedules as well as much long-short-
haul clause Of the interstate COM
merce act as might be brought about
by percentage reductions. The ORD.
ers also permit the rates to be put
into effect on one days notice ION
as early date and in as lnexpen-
sive q manner lis possible" for
siXmonth experimental period.
At the same time. the commission
left standing its order OF October ~,
requiring an approximate 10 - per
cent rate decrease on grain and grain
products, and hay throughout
the entire trans Mississippi district.
which the railroads were later in
structed to put into effect by Deem
Der 81. The railroads replying 10
IllS COIIlIIlISSlOIl SlSSeSlCu LIlClL lIlC
general 10 per cent decrease on ag-
ricultural products, which they con.
templated, should apply to the wes-
tern grains and hay as well as to
the other commodities and become a
substitute for the is IL per cent
cut. No mention of tHlS point in
the railroad procedure was made by
the commission today, except that
grain, grain products and hay in
western territory were omitted from
the permiSSory orders accepting the
general decline.
Deductions in New England, where
the financial status could not justi-
fly a full 10 per cent decrease. were.
also contemplated IL the voluntary
application last week, AMI in the
commissions orders today the
roads concerned were given permits
sion to make such decreases as 1ney
found possible, effective after five
day notice period.
The commissions failure TO con-
slider the 10 per cent decrease on
grains and hay as a substitute for
the greater reduction It previously
had ordered, it was said might bring
about further proceedings and con-
ferences.
At the same time the .omn1ission.-
investigation into the general Lew,
of transportation rates in the United
States will begin next week, and if
the railroads are disposed 20 with
draw their voluntary offer, the tar
ifs on the agricultural products may
be left to adjudication N that pro-
cpp6;p&-
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-12-06
COTTON

q NEW YORK, Dec. 5.-The cotton market
was quiet during today's early session, with
fluctuations narrow and irregular. The
opening was steady at an advance of to
IL points on higher Liverpool cables and
continued nervousness over the pink boil
worm situa ton in the southwest. There was
no Improvement in reports from the goods
trade. however, and the opening advance TO
17.41c for January and 17.4SC for March
net some scattered southern selling or
liquidation. This caused. setbacks of or
% Joints after the call, but the offerings
were right and were well enough taken to
give the market rather steady undertone.
Private cables reported better tone in Liver
pool because of covering Manchester buying
AMI moderate spot demand.
Trading remained very quiet later and
the failure of the steadier early cables or
the pink boil worm menace to create a more
active demand, was evidently disappointing
to buyers There was scattering liquida ton
and prices eased off from the best with
January selling down to 1925 or - to ii
points net lower. Reports from the south
complained of 4 poor spot demand, but also
stated that there was no pressure of offer
ings
The market became easier toward the mid
die of the afternoon owing to a decdine in
New O0rleanS, some scattering December llq-
uida ton, New Orleans and cola selling. Jan
nary eased off from 17.15 in the active
months selling about 20 to 20 points net
lower around = o'clock.
NEW YORK COTTON
The following were the ruling prices in
the exchange today:
Tone, steady; middling. Il Goo; quiet.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-12-06
JAP LEADER FRANK
ON ARMS PROBLEM

WASHINGTON, Dec. 3.-(By The
Associated Press.) = Making what
was considered a direct allusion to
the naval ratio question, Sennosuke
Yokata, president of the legislative
bureau of the Japanese cabinet, in
an address here today, declared the
true and impartial spirit of disarma-
ment should take into consideration
not only the existing strengths of
navies, but also the potential pow
ers of each country.
Mr.. Yokata expressed the opinion
| that if the present conference neg
| lected the Importance of potential
power, by which lie meant general
industrial capacity in supplying war
| material in time off emergency, it
might meet with the disapproval, il
not the derision of posterity.
The comparative inferiority of
Japan in ability to replace her war
ships in time~> of emergency was
touched upon last week by Vice Adj
miral Kanji Kato, chief naval adj
wiser to, the Japanese delegation,
! when in an Interview he outlined
| the Japanese reasons for desiring
| a 70 per cent ratio of capital ships
as against the 60 per cent set down
in the American proposals.
Mr.. Yokata, who was regarded as
! the fright hand man" of Premier
| Hara, who was recently assassinated
is returning soon to Japan, and his
| address today was made at a fare
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-12-06
Live Stock Market

UNION STOCK YARDS, CHICAGO, Dec.
5.-The strike of butchers and meat cut
tiers at all the killing establishments pre-
vented an early start of trading today. Most
of the small killers were entirely out of
the market but big packing houses were
in the trade. Their bids were lower for
all grades of live stock, however, and it
was an uncertain market from the start
Last weeks average price for good beef
cattle was placed at $3.50, or an even 81
below the ten-year average. Receipts OF
lie stock at the local yards today were
estimated at $4,000 CATTLE. $4,000 hogs,
23, 600 sheep and lambs and 1900 calves
against %, 292 cattle, 50,536 hogs, 3O,796
sheep and lambs last Monday.
Cattle-Trade was slow from the start,
but big killers came into the pens and paid
steady values for good steers. Plalner
grades, however, were weak as general
thing, with some sales showing a decline of
15@ 25c. The general trade was better than
expected Notwithstanding the fact that
small killers were out of the market. some
choice steers went at $S.75@9.00. Cows
and heifers sold about steady, but bulls
were easy in spots, with good bolognas going
at $3.50. Calves sold mostly SOC lower with
good stuff to packers at $500.
HOgS-The trade off 10M20c, but
demand was fairly active from shippers and
| big killers at the decline. Light hogs sold
| at $7.O0M7.1O. Butchers showed most drop.
| Bulk went at $6.50M6.75, with rough pack
! ing grades down to 500 and best lots at
4
sold at $6.5O@7.OO on 1O@15c lower
market
Sheep-Lambs sold better than expected.
| Values were fully steady, choice lots going
| at $10.50M10.75, with bulk to packers at
| $1O.25@ 1880.
Small killers were out of the trade. Aged
muttons sold well at fully steady values,
| good ewes going at $5.00@5.50, with prime
| lots quoted up to $3.50.
| EAST ST LOUIS, Dec. 5.-Cattle: Re
| ceipts 1850; steers steady to 15c lower
! noone good here; $7.e5 paid; others and kill
! ing classes steady; common to good cows
| So. 256t4 400; bologna bulls, $3.25M350 can
| ners, $225M2 $50; veal calves, $S5OM9.00
| stockers and feeders strong to higher.
| Hogs-Recepts 12,5OO; active, weakening
| from early, 1Oc to 15c; top, $3.50 paid OF
| lights; $7.25 on light weights; bulk light:
| and medium weights, $700@7.10; ligh
| lights, S7.10@7.25; packer sows steady
mostly 1913; pigs 10c to 15c lower, $6.S5@
7.25; quality medium to good.
! Sheep-Receipts 1000; active; best lambs
strong to 25c higher; sheep strong; lambs
| top $1O.25 paid for good and choice; Iowa
lambs, bulk native, $9.50@1.00; culls most
| ly $3.50; ewes mainly at $500; few here
quality medium to good
LOUISVILLE, KY, Dec. 5.-Cattle, re
ceipts, 1900; higher; heavy steers, $6.50G
100; beef steers, $4.50M 625; heifers S1.5
| M650; cows, $200M 800; feeders, $1,000
600: stockers, S3.50m575.
Hogs. receipts 1000, strong; all weights
$7.2j: throwouts, $500 down.
Sheep, receipts, 300, higher; lambs, $50
40 IN