davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1921-06-25
Kansas City Legion
Team Wants Games

Any fast semi-pro base bali club Of
Nebraska want a game for July 2, 8
and 4 with one of Kansas City's
fastest clubs?
Secretary c. c. Farley of the
American Legion base ball club OF
Kansas City, Mo-. is anxious to-
schedule series of three games in
Omaha. The Kansas City Legion
club is leading the Mo-Kas league,
playing Sundays, and is considered
one of the strongest teams in Mis-
souri
Omaha daily bee., 1921-06-25
ISer1iPrOdi7d| |
| loAI11dtellr@
Tennessee Rats Win.

Loomis, Neb. June 24.-(special.)- 1.-The
local ball team was unable to stop the
travelling colored team known as the Ten
nessee Rats, who have been running up
long string of victories In this sectlon
the visitors taking Thursdays game. s to 4.
Hits were comparatively few-nine for the
visitors and eight for Loomis-but IN.
cluded two home runs and trio OF
doubles, four base clout with one on
breaking a ninth inning tie and giving the
victory to the Rats. Clemons and VIM
field did the battery work for the visitors.
Fitzsimmons and Sunblad for the locals.
Omaha daily bee., 1921-06-25
Archie AmmOns Wins Over
Johnson in Eighth Round

Des Moines, Ia. June 24.-Arcl,e
Ammons, Marshalltown, Ia, scored
technical knockout over Thor
Johnson Of Sweden here last night
in the eighth round when the latter
broke a bone in his right hand.
Gordon Check Milwaukee, Wis,
outpointed Nick Legorie. Dcs
Moines, in six rounds
Omaha daily bee., 1921-06-25
Sooners Win First
Contest of Series
From Miners, 4 to 7

Joplin, Mo-, June 24.-Oklahoma
City hit opportunely and won the
opening game of the series from
Joplin here this afternoon. Despite
the muddy condition of the field,
both teams accorded their pitchers
excellent support, but the Miners
were checked when hits meant runs.
Harper of the visitors drove the ball
over the right field fence in the sec
ond.
4The score.
Omaha daily bee., 1921-06-25
Humboldt Rangers Lose.

Pawnee City, Neb, June 24-tSpecial)
The Humboldt Rangers base ball team
s1gom Humboldt were defeated by the
33Awnee City Indians on the field here
III a score of 8 to 4. The game was
fSst and interesting, although errors were
common on both sides. The game was
played on Pawnee City's new diamond,
located on the High school athletic field.
The day was ideal for the game A
large crowd was present
Omaha daily bee., 1921-06-25
Indians Win Last
Game of Series
Mails Hurls Excellent Ball
Timely Hitting Defeats
White Sox.

Chicago, June 25.-Timely hitting
by Leslie Nunamaker, coupled with
some fine pitching by Mails, enabled
Cleveland to take the final game OF
the series from Chicago, 4 to 2, to-
day. Nunamakcr drove in three OF
the runs for the words champions,
while Mails permitted Chicago to
bunch hits in only two innings.
Tia
Omaha daily bee., 1921-06-25
Circuit Races To Be
Held At Beatrice Soon

Beatrice, Neb, June 24-(Spe-
cial.)-The circuit races will be held
At the driving park next Tuesday,
Wednesday and Thursday. Accord
ing to w. A. Ransdell, the secretary,
there will be l2S racers here and all
e ~ svsats have bsaa AllsA
Omaha daily bee., 1921-06-25
Frisco Gets Convention

Minneapolis, Mimi, june "
Delegates to the Civil Service COM
mission annual assembly today an
nounced San Francisco has been de-
cidcd on as the convention city tor
1922
Omaha daily bee., 1921-06-25

OF punching work
yesterday after
noon and today
In, blowing my
self to a complete
layof.
Hit the scales at
1876 after the work
T u e S d ay a n d
S W ung t h e m
around to 1875
after l concluded
the chores today.
At that rate it
looks as if I'll
weigh between 100
and 1913 on fight
day. My pro-
gram d e c i d e d
upon today is IS
Omaha daily bee., 1921-06-25
DETROIT.
ST. LOUIS.
Totals 30 2412I
TUtHTE JU 8 II III
xWetxel -batted for Bayne In eighth.
Score by innings:

SCUre Dy innings.
st. Louis ........0 0 o 0 0 0 0 o 0 - 0
Detroit .......0 o 0 0 0 o 81 x-12
Summary-Runs: Blue, Busk. Shorten,
3; Neach, ?; Heilnan, Flagstead, Jones,
Bush, Sargent. 8. Two-base hits: Tobin.
Lamb. Three-base hit: Jones. Stolen bases:
Sisler. He!lman. Sargent. Sacrifice hits:
Lamb, Leonard, Sargent. Double plays:
Davis to Lee to Sisler: Bush to Blue;
Bush 70 Sargent to Blue. First base on
balls: Off Davis, 4: off Burweli, 4; off
Leonard !. Hits: Off Davis, 0 in Ia
Burwell.&4 in / inning. Struck out: BY
Leonard. =: by Davis, .. Losing pitcher:
Davis. Time Of game: l:eA UA4lreA: W.
J - - XllshraAl,
Omaha daily bee., 1921-06-25
RaSe Ball Carnival.

Milligan, Neb., June 24.-tSpecfal:)-
Plans are being made for big base ball
tournament and carnival to be held here
| August &c, 81 and 2s. Four fast teams
from surrounding towns and Milligan Will
compete for big purses.
Omaha daily bee., 1921-06-25
Pirates A: Cards. 8.
xsmith batted for Mann in 10TH.

Score by innings:
Pittsburgh ......0 1 0 0 ii
St. Louis .....0 8 0 0 0 0 0 0-3
Summary-Runs: Bigbee, Carey. Mar
AWHILE Barnhart Hornsby. Lavan, Glenn
ons. Errors: Carey. Barnhart, Bailey, 2.
Two-b base hits: Grimm, Hornsby. Carey. q;
Bigbee, Fourner. Maranville. hree-base
hit: Barnhart Homo run: Clemons. Stolen
bases: Lavan, 2; Stock. Sacrifice hits
Whitted Carey. Double play: Bailey to
stock. Left on bases: Pittsburgh. Z; ST.
Louis, s. First base on balls: Off Glaz-
ner, 8; off Bailey, l. Struck out: BY Glaz-
ner 7: by Bailey, S. Wild pitch: Bailey.
Time of game: 2:3. Umpires: KLEIN and
Brennan
Omaha daily bee., 1921-06-25
Tigers, l2; Browns, 0.

Detroit, June 24.-Detroit hit hard in
the closing innings this afternoon and
defeated st. Louis. IL to o. in the de-
Gliding game OF the series. For six In
nings the game was pitchers battle
between Davis and Leonard, but in the
seventh the former weakned. and was
driven out of the box. Leonard was IN
vincible throughout, holding the Browns
fo threa hits Score.
Omaha daily bee., 1921-06-25
Fairbury-Beatrice Sunday.

Beatrice, Neb, June 24-(Special)-
The Fairbury ball club will clash with
Beatrice at the driving park Sunday after"
noon. Beatrice two weeks ago won FROM
FaIrbury in a close 12-inning contest. The
Filley ball club will play here July
and L.
Omaha daily bee., 1921-06-25

New York June e4,-The New Yor.
Yankees defeated Washington, 70 o.
New York hit Courtney hard. while Mays
held Washington to six hits. oRourke
home run with Shanks on base gave
washington two runs. Score:
WASHINGTON. NEW YORK.
Omaha daily bee., 1921-06-25
Hits Two Homers
In Giant Game
Snyder Wallops Home Run in
Last Two Times at Bat
Phillies Lose.

Philadelphia, June 24.-New York
hatted four Philadelphia pitchers for
II to 2 victory in the opening
game of the series today. The visi-
tors hit safely in every inning, max
ing FIVE doubles. Snyder made two
home runs in his last two times at
bat.
lhn
Omaha daily bee., 1921-06-25
Breaks l97 Out of 200 Shots

Mason City, la, June 24.-Billy
Hoon, Jewell, Ia, shot l97 out OF
200 here today in the Cerro Gordo
Country trap shoot
Omaha daily bee., 1921-06-25

xvick batted for Myers in seventh.
Score by innings
Philadelphia ......o Il
Boston ............0 U v 80
summary-Runs: Dykes Perkins. 2;
Galloway. Hasty, Pratt. Scott. Ruel Error
Karr. Two-base hits. welch. Pratt. Hasty,
McInns, Ruel. Three-base hit: Ruel. Stol-
on base: J. Miller Sacrifice hits: Dugan.
McInnis Double plays: Pratt to McInnis;
Witt to Ruel to Pratt. Left on bases: Phil
adelphia 4; Boston. Z. First base on balls:
OF Myers. O. Hits: of Myers, in Z
innings: off Karr. In 2 innings. Struck
out: BY Hasty. 2: by Myers. 2. Losing
pitcher: Myers Time of game: 1875. Um-
pires: Evans and Connolly.
Omaha daily bee., 1921-06-25
Jack Dempsey Celebrates Birthday
In Training Camp at Airport
BY EYE WITNESS.
Chlcaoo Tribune. Omaha Bee Leased Wire.

Thbuo"omaha Bee la"" wire
Atlantic City, June 24.-Today is Jack Dempseys 5
birthday.
He is 26 years old.
Kearns who has made intensive study of him since
the April day in 1917 when they met for the fst time on
street in San Francisco says he has four to go
before reaching the peak of his prowess.
Or rather, Kearns put it this way in response to my
questions as to the age at which he considers fighter at his
Omaha daily bee., 1921-06-25
BY lack DEMPSEY,

Heavyweight Champion Of the WorId.
Copyright. 1891. by King Features. lnc)
Atlantic City, N. J.. June al am
26 years old today. By way of cele-
bration I did only about IS minutes
Omaha daily bee., 1921-06-25

Summary-Runst SouthwortE, Nichol-
son, 2; Holke 2: Ford, Gowdy, Olson,
Johnston. Griffith 2; Wheat, 2. Errors:
Barbare. Olson, Kilduff. 2. Two-base hits:
Olson. Powell, Gowdy. Three-base hits:
Ford, Nicholson. Home run: Wheat. Sac
rifice hit Barbara. Double play: Bar
bare. unasssted. Left on bases: Boston:
s. Brooklyn, 6. First base on. balls: or
OescEger, /; off Smith, 1. Hits: Off Smith,
II in 3 innings; off Mitchell. ! in in
ming. Struck OUT By Oeschger,. I; by
Smith. 2: by Mitchell. /. Time of game:
1:40. Cmpires: Qugley and ODay.
Pirates A; Cards, 8.
st. Louis, June "a wild pitch by
Bailey in the 10th inning of today's game
allowed Pittsburgh to win from st. Louis,
to 3, Bailey. a veteran of the American
league, pitched his first game for the
Cardinals, having come from the Beau
mont club of the Texas league. Score:
PITTSBURGH ST. LOUIS.
Omaha daily bee., 1921-06-25

VI Juiy loul III.
The bout will be part of the pro-
gram to be staged by the American
Legion, the main event of which is
a l0-round bout between Capt. Bob
Roper and Aandy Schmader.
Hammer and Tanning met two
years ago, when they fought Is
round draw at Joplin, Mo.
Hammer has fought such men as
Benny Leonard, Joe yelling. John
ny Dundee, Freddy Welsh, Shamus
O'Brien, Harvey Thorpe and Pal
Moran.
Tanning recently moved up from
the featherweight class and has been
taking on all corners in the light
weight division. In 1916 he toured
Australia and won every bout he
fought.
Tanning has two decisions over Pal
Moran, four over Otto Wallace. and
one each over Pete Hartley, Jimmy
Hanlon, Red Butler, Lee Morrison
and many others. He has fought
draws with Barney Adair and Mel
Coogan, the latter being matched to
fight Champion Benny Leonard next
month
Omaha daily bee., 1921-06-25
AMERICAN ASSOCIATION.
MIDWEST LEAGUE.

Scottsbluff, Neb,, June "a r. II. e.
Greybull ....0 81 o. 10 I
scottsbluff "A 0 s 0 0 / 0 x-10 8
Batteries: Kelley. Halla and Moore /;
Kinney and Benninghoven.
Omaha daily bee., 1921-06-25
Mrs. H. l. Arnold
Takes Women's
Golf Tourney
Field Club Champion Defeats
Mrs. X. A. Lininger in
Finals Match; Mrs. John
son Wins Consultations.

Championship Flight-Mrs. H..
L. Arnold, F. c.
Consolation Round-Mrs. G.
N. johnson, Fremont.
Second Flight-Mrs. w. E.
Hardy, Lincoln.
Consolation Round-Miss Meme
Davis, c. c.
Third Flight-Mrs. Houston
Harper, F. c.
Consolation Round-Miss Mary
Fuller, c. c.
Fourth Flight-Mrs. r. w.
Craig, F. c.
Omaha daily bee., 1921-06-25
Saints. Ill. R0nRferS. =.

11es Moines. Ia. June 2i-St Joseph
halted Des Moines winning streak of
si% games by taking the second game
efs The series today. II to 2. 1t was a
rcpd game until the ninth, in which the
visitors took advantage Of ineffective
pittGing and scored eight ~u7s, The final
tos,nt was II to q In addition to Pitch
inc good hall, Mangum hit home run
ana n double. Tie score:
Omaha daily bee., 1921-06-25

NHUhStfF H"tt'H TUT D1CHSuH TT hfH'11'
f'cor" by innings:
Sioux city .......,.,,O % o II
lSu.anc ry--IIcmc RIM: Massey. TwO-base
hts: Marr. Massey. Gislason. Stolen base
Ghiascn. Runs and hits: Off Mead, and
In innings; off Tear. 9 and 0 in s
INNINGS; off dickson, l and 1 in 3 innings.
Winning pitcher: Mead. Losing pitcher:
Tcsar. Bases on balls: OFF Mead, 4; Off
Tesnr, 2; eff Dickson. 0. Struck out by
Mead, 3; by Tesar, Q; by Dickson, 2.
Passed ball: Iingle. Hit by pitched ball:
ny Mend, Metz. Earned runs; Omaha. q;
Sioux City. 1. Left en- bases: Omaha. q;
Sioux City. 1. noubie play: Mason TO
iislason to Lelivelt. Umpires: burnside
and DAILY. Time: I:35.
Omaha daily bee., 1921-06-25
NEW YORK

Score by innings:
New York ........5 2 2 Ill
Philadelphia ....,.0 0 z U U u
Summary-Runs: Burns, 2; Bancroft. q:
Frisch, 2; Young, 2: Walker, Snyder. 2;
Parkinson. Bruggy Errors: Bancroft, Lee
williams base hits: Burns, Nehf
Frisck, Young, Walker. Three-base hits
MeuseI Lee. Home runs: Snyder 2. Stol-
en- bases: Frisch, Bancroft, Burns Sacri-
flee hits: Kelly. Frisch, Walker. Parkin-
son. Double plays: Parkinson to Rawlings
to Lee, 3; J. Miller. unasssted Left on
bases: New York. 8; Philadelphia, 8.
First base on balls: Off Nehf l. off Belts
!; off Keenan,, /; off Hubbell, J. Hits:
Off Baumgartner 4 in innings, none
out in first; off Belts, in Ia inning; !;
off Kennan, in l inning; off Hubbell. II
in % innings Struck out: By Nehf
, 5; by Hubbell, 5. Wild pitch: Keenan,. Los
ing pitcher: Baumgartner. Time OF game
1:54 Umpires: Hart and Mccormick
Braves. Z; Dodgers, O.
Brooklyn, June 24.-Boston defeated
BROOKLYN 7 to 6, today with four-run
rally in the eighth, when the Braves
punched a triple, double and three sin
giles. The Superbas scored four times in
the third on five consecutive hits and
added two runs in the fifth. when Wheat
hit Il home run with Griffith on base.
Score: -
Omaha daily bee., 1921-06-25

CHICAGO.

Summary-Runs: Jameson. smith.
Gardner Sewell, Falk Mosti. Errors
None. Two-b base hits: Sewell SmitL. NC
Clellan, Three base hit: Mostil. Stoien
bases; Hooper, 2; Mostil, Jameson. sac
rifice hits: Johnston. Wambsganss Dou-
bic play: Sewell to Wambsganss to John-
ston. Left on bases: Cleveland, 81 Chlca- :
70. 7. First base on balls: Off WILKINSON
3: off Mails, 3. Struck out: Ey kiikln-
sen, 3; by Mails T. Time OF game: 1884.
lJmpires; Moriarity and Dineen.
Omaha daily bee., 1921-06-25

c,,,,ro,ry-puns. Judge Shanks,
o,Rourke. Fewster, Q; Baker, McNally, 2;
Plpp, q: Ward. schang Errors: Court
ncy, Ward Two-base hits: Fewster Pipp,
Ruth. Meusel. Ward. Judge. Three. oase
base: Fewster Sacrifice hits: Peckin-
paurh. Pinp. Rice. Double play: Harris
to o'Rourke to Judge Left on bases !:
Now York, Z; WASHINGTON. B. First oase
on balls: Off Courtney. 3; off Mays, J.;
Hits: OFF Courtney. 15 in innings; OH
shaw. 0 in inning, Struck out: BY
Courtney. 2; by Shaw, J.; by Mays. =:
Loaing pitcher: Courtney. Time OF game mt,
1850. Cmpires Owens, Chill ana Nailh'
Omaha daily bee., 1921-06-25
: SCcre by innings. y
Sc. Joseph ......1 ! s-lI
Iaa. Mnines 0 0 0 O 0 l.

Deey Motnes ........1 U v l. .
summary-Runs: Connolly, 8; Corridor,
Reilly, Fisher. Beatty, Mcdonald, Nufer,
e. Mangum. Brown, O'Connor. Errors;
None. Home run: Mangum Three-hase
hit: Beatty. Two-base hits; Corridor,
Corridor, Crosby. Stolen base; Moeler.
f.eft on bases: st. Joseph, 8; Des Moines.
I. struck out: BY Black. 81 by Mangum.
Ludolph, 3: off Lynch. ?. Hit by pitched
bail, BY Ludolph. Nufer. Passed ball: An
derson. Earned runs and hits: OF Black.
. and . in 8 innings: off Ludolph. and
ia inning; off Mangum. . and in .
innings Losing pitcher: Black. Double
playa: Grant to Moeller: Nuter to Beat
ty. Time of game: 1:4S. Umpires: ormsoy
and Buckley.
Omaha daily bee., 1921-06-25
atb,etics. &; Red Sox, g.

posto, June a4.-Philadelphia took the
opening game of the series from Boston.
/ TO :, today Hasty pitched well IN
the pinches and had coed support Ruei
was brilliant at bat and oehlnd the piate
Score: x,o,ro>.
Omaha daily bee., 1921-06-25
Ever. Hammer to
Box Tanning Here
Crack Lightweights to Meet
In Semi. .Windup of Lee
gion Program

YER HAMMER,
crack Chicago light
weight, who has met
and defeated many OF
the best men in his
class in the country,
will meet Arlos Fan
ming of Kansas City
in a 10-round bout in
Omaha the afternoon
of Iulu Fourth
New-York tribune., 1921-08-19

Thomas De Witt Cuyler, chairman os
the Association OF Railway Executives,
IN response to inquiries yesterday e.
pressed the belief that the railroads had
turned the corner, and at is hoped that
they Will in the aggregate make ret
earnings of at least 100000, ,oc0 for ths
year 1921, which would be something
less than 3 per cent return, but would
cover the aggregate CT their fixed
charges
Mr.. Cuyler states, however, that ia
will require further drastic reduction
IN operating expenses to enable tho
railroads to earn a per cent return
ard also to permit any general reduc.
ton IN rates He added:
AS Il result of the war and OF tha
period of Federal control the earning
power Of American railroads was prac-
tiealiy destroyed. Net earnings declined
from approximately $4,000 00o in -'i7
to approximately S62 .000,0 900 ln 1920.
development of American rai,roAds
has been at a standstill for at leass
tive years. Naturally. no industry can
grow when 1t cannot surely pay interest
or dividends to those who invest their
money in it,"
New-York tribune., 1921-08-19
Prices Steady
In Irregular
Stock Market
Rail Shares Develop Firm
ness, but Industrials 8
Drift, M ny Turning
Lower; Money Is Easier

! No highly energ1Zed new influence
WAS injected into the stock market yes
terday to impart greater deflniteness
Of trend. The initiative remained in
tho hands Of professional spectators,
many Of whom, especially on the trad
ing floor, still talk the language Of
caution, If not Of pessimism. However,
after Wednesdays squirt, following a
fortnight Of declines, prices yesterday
were irregular but steady.
There was q disposition on the part
Of observers to concentrate on tho
technical position Of the marke etplace
and to attribute the halt in the gen
eral setback to temporarily oveNold
condition. The bears had sold the
market to a standstill and, with fur
ther declines resisted, there was somo
effort to buy back stocks for a quick
speculative turn. The public revealed
no marked increased tendency to make
itself felt on the buying side. With
the industrials drifting, many turning
lower, the railroad shares were firm,
though markedly dull. Brokerage circles
still profess to perceive evidence of
British government buying Of the bet
ter rail stocks for the purpose Of re-
turning modified securities which had
been used during the war period as
basis Of foreign borrowing. Some of
them must be returned on October /.
The railway relief bill was reported
to the House yesterday and earlier in
the week to the Senate If the Harding
plan to put the roads in funds becomes
law, the carriers will be greatly
helped, it is felt. And this fact, to-
gether with the prospects for increased
earnings during the second half Of the
year, explains the preference for ralI-
road securities. Activity in the market
was smaller than on Wednesday. Only
405,7oo shares were sold. Meantime,
the bond market continued firm.
For the first time since August the
call money rate fell below per cent,
dropping to Y per cent after renewal
time. In the unofficial market for
funds outside the Stock Exchange,
funds were freely offered at per
cent. Time loans were again made at
6 per cent.
Tho superficial relaxation In the
offering Of speculative credit was un-
impressive compared with the further
basic easement revealed in the weekly
Reserve Bank statements. The com
bined ratio Of the entire system rose
from 65 per cent to 65.8 per cent, the
highest in more than 'hree years. And
the demand for new funds Is even less
than reflected in these figures, which
are still DETECTED by huge blocks Of
loans yet frozen The combined ratio
Of the New York bank climbed from
69.9 per cent to 1922 per cent, and the
ratio Of reserves against notes leaned
up from 1912 per cent to 1857 per
cent.
The foreign exchanges we're frmer
yesterday Cotton quotations were
higher at the close as result of u
rally, though an early recession
brought prices to new low for the
movement. Wheat prices were easier
despite some export buying.
New-York tribune., 1921-08-19
American International

The situation in South America, which
caused a considerable degree Of worri-
ment to the American international
Corporation around the first of the year,
has shown such substantial improve
ment since that time that the COM
pany is in position to undertake
new business without fear of payment S
not being made when due. With cash
on hand of approximately $4,000, 600
the American international Corpora
tion has reduced its indebtedness, IN
Guiding obligations of every descrip-
ton, to less than $4,000, 900, or de-
crease of about s10.o00O0O since the
peak was reached shortly before the
first of the year. Collections of over
due South American accounts are SAID
to be more satisfactory than was ex-
pectod some months ago, and new bvsi-
ness in July was better than in June
New-York tribune., 1921-08-19
Defending the Federal Reserve Polio,

Governor Seay Of the Federal Re-
serve Bank of Richmond has made 8
vigorous reply to the charge that the
defation policy Of the Federal Reserve
system was responsible for the decline
in prices. CAS- soon as capital becomes
sufficiently plentiful" he says, "thc
natural course of interest rates will
be to decline. Nobody can say at this
time that capital is plentiful Then
why should it be made artificiallv
cheap? Look at the rates which cities,
counties and towns have to pay for
their funds Look at the rates which
railroads and great manufacturing cor
porations have to pay for large loans
Look at the rates which governments
both foreign and domestic, haze to pay
for large loans. Capital can only be
called abundant when banks have sur
plus funds OF their own which they
are anxious to place. 1t cannot be
abundant when they are forced to Dor
row from other banks or from Federal
Reserve banks for the purpose of lend
ing It would, therefore, serve no
good purpose for the Federal Reserve
banks to lower their rates, but on the
contrary would give false impression
as to the supply Of capital. Banking
institutions are not borrowing institu-
tions; they are lenders, and the sound
opinion everywhere is that banks
should be borrowers only for seasonal
operations which demand greater use
of capital, or for extraordinary emer-
gencies to tide over difficulties in in
divldual cases."
New-York tribune., 1921-08-19
In Wall Street
Little New Financing in Sight

Houses of issue around the Street
are not finding much business these
days in tho way of new underwritings.
It is the opinion Of competent judges
that the volume Of new offerings will
not be large for some time to come.
Most Of the important corporate financ-
ing has been taken care Of already.
Moreover, many corporations which
would like to borrow have not ths
credit standing to enable them to mar
ket their securities at this time. An
other factor which is curtailing the
outflow OF new Issues is the belief IN
some quarters that the trend of rates
is downward. and more favorable terms
can be obtained later on. The view is
held in the investment market that the
let-up in the flow of new issues Will
have beneficial effect upon outstand-
ino bonds
New-York tribune., 1921-08-19
Leaders, Turn Lower

Mexican Petroleum and Studebaker,
which from time to time recently have
been regarded as market leaders, were
active yesterday. sales in the former
exceeding 10000 shares, while in the
latter stock more than 10000 shares
changed hands. Both showed net de-
clines at the close, although Mex
Pete" registered an upturn in earlier
transactions. At one time this stock
showed recovery of more than 6
points from the recent low, but pres
sure was again renewed and at the
close it was off point. Studebakers
decline of nearly points stood out
as the most pronounced among the
more active issues and probably rep
resented selling on the prospect that
another readjustment in the motor
industry is near at hand.
New-York tribune., 1921-08-19
The Dollar in Foreign Exchange

Foreign exchange rates were frmer
as rule yesterday and slight gains
were registered in many parts of the
list. German marks turned easier,
however, despite the fact that the Bcr-
lin Boerse remained closed because Of
the heavy volume CT business there.
Cable rates on London showed an ad-
vance OF 7s Of cent at $365%
Changes in the Continental list were
small, although Dutch gpildcrs got
above 81 cents again and Swiss franc $
were in increased demand. Lire we're
slightly easier.
Indian rupees developed strength and
got above 25 cents, the Far Eastern
exchanges holding firm.
South American exchange was easier.