davidaulloa/AmericanStories huggingface dataset:
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-11-28
IBNM.gZl.!TY2 GQf]NTS
Z p f K5sd = 49, n Ia
uNslGHrLY NECKLACES

Have you too many necklaces i
mean the ugly wrinkles which run
around the front and sides of the neck,
completely spelling its appearance?
If you have, you want to get rid of
them at once for nothing spoils the
appearance of the neck as much as
these lines.
If you sleep with too high a pillow
or if you sleep with your chin pulled
downward, these lines will be form
ing through all the hours Of the night.
The first thing you must do is to
train yourself to sleep fat on the back
with a very thin pillow or with none
at all
The next thing to do is to massage
those wrinkles with a fattening cold
cream, with olive oil. or better yet
with cocoa butter. Cocoa butter is
very heavy and very fattening. 1t is
much too heavy for the more delicate
skin of the complexion, but it is ideal
for the throat CT chest. The best way
to use it is 20 hold towel wrung
from hot water over the throat until
the pores of the skin are open and
the skin itself is red and warm. Then
heat the coaco butter by holding it
near the fire or candle flame and rub
it over the skin. 1t cannot be mas
saged unless it is first warmed.
Then work the cOacO butter thor
oughly into AL these wrinkles, rubbing
| back and forth across them; that is
up and down tho throat
Pete and Peg:-Your eyebrows will
regain their so1tness if you brush
them every day. always training them
into the arched line that best suits
| the shape Of your eyes. If some OF
the hairs remain stubby, use a small
amount of vasellne on them before
brushing. As YOU have been shaving
! the brows so long, il will require per
| severance to train them to lie in place.
! Very Discouraged - With your
height of five feet six inches, you
! should weigh at least 125 pounds. You
are only agrravating your condition
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-11-28

Two French marshals, Joffre and
FoyOlle, and General BadOgliO, com
mander-in-chief of the Italian army,
have been made members Of the Army
and Navy Club of America
The Washington herald., 1921-05-03
PRICES AND WAGES RUN
PARALLEL IN NORWAY
Wholesale Commodities Reach Peak In Sep
tember 1920, With 1850.

Reports Of prices and wages in
Norway IN 1890 have just been
published by the Norwegian statis-
tical Bureau. They indicate that
from the outbreak Of the war un-
til March, 1918, prices had increased
to about 15s per cent until March.
100. Iss per cent, until June, 1920,
202 per cent and until September.
1920 with 235 per cent From
March. 1919 to March 1920 the in
crease was IL per cent to June II
per cent and to September. 80 per
cent
According to reports, the increase
of wages of the laboring classes
for the period 1914, to 1920 has
been on a level with or even sur
passed the increase Of prices. On
the other hand the increase Of
wages of a number of government
officials and municipal office hold
ers has fallen below the increase
of prices for the same period.
During the latter months of the
year prices show a decline. Al
The Washington herald., 1921-05-03
RUHR TERRITORY
RICH IN IRON And
STEELNDUSTRIES
Contested Area Also Con.
tains Highly Developed
Coal Portions.
NATURAL DISTRICT
Coal Output in Past Year
EquaIed 67qo of Entire
German Production.

The Industrial Importance Of the
Ruhr region, which France proposes
to occupy in enforcing payment of
the German indemnity. is shown in
statistics prepared by the National
Rank of Commerce I'm New York.
These point out that the Ruhr Is
not a political but a natural district
with an area less than that of Rhode
Island. lying along the Ruhr River
east Of the Rhine. Within it are
TN. most valuable and highly devel-
on.d portions of the Rhenish-West-
phalian coal fields, the main source
Of German supply. as well as the
zreat iron and steel industries CEN
t.rinr about Dusseldorf, Essen.
puisburg. Mulheim-on-the-Ruhr
Dortmund, Bochum and Hamborn'
cities which in 1910 ranged from
100000 to $4,000 in population.
yttaIIy Important to Germany.
"Ruhr coal Is OF vital importance
to Germany" the statement says.
-Tn. coal output of this district in
1880 aggregated ss.25o.oo0 metric
tons or 81 per cent Of the total Ger
nan production (including that Of
UJnner Silesfa). In the preceding
wear its output was 71,163,o0o tons,
Taking the prewar year 1913 as
fairly normal, the total German coal
outpur was is1,5Io.ooo tons. OF this,
II seo. 900 tons were produced in the
saar and Lorraine fields which have
zone to France by the terms Of the
Versailles treaty. Upper Sflesfa- the
future control of which. as between
Germany and Poland. has not yet
been determined, produced 43s45s--
600 tons. The total production In
1918, excluding these districts. and
Including only regions which under
the treaty are indisputably German,
was 13o,1S5,0oO tons. of which the
Ruhr output was 114.4s7,o00 tons or
IS per cent.
Iron Ore Deposit.
In and near the Ruhr region are
located extensive deposits OF iron
ore. with coal and ore readily
available, the Ruhr has become the
main center of the German iron ana
steel industry. IN this district are
located the plants of the great Ger
man Industrial combinations which
through their control OF the iron
and ore, blast furnaces, steel plants
and manufacturing. engineering and
armament works. largely control the
industrial output OF Germany.
In the same district, about Bar
men, Elberfeld and Munchen-Giad-
bach are important cotton textile
plants, while halt of the silk manu-
factures of Germany were, prior to
the war. produced at Krefeld A
number of chemical manufacturing
establishments are also within the
Ruhr region. although the chemical
industry does not center there.
Other industries of Importance in
cIude the manufacture Of paper,
clothing and glassware"
The Washington herald., 1921-05-03
OILS LEAD ISSUES
IN CURB TRADING
Standard Oil of Indiana Acts
AS Stimulant to Entire
~ Petroleum List.

NEW YORK. May a.-Althougn
the trading on the Broad Street
curb did not show the same amount
Of vigor as was displayed on the
stock exchange. many issues were
active and strong and the market
generally was established at a ma
terially higher level. The oil stocks
were naturally the strongest fea-
lures, partially because Of the ac-
tion Of the Standard Oil Of Indiana
new stock. which rose from rs to II,
new high record. Simms Pc
troleum was traded in on a large
scale and moved up over one point
to above IL. Announcement was
made that the evGulf Oil Company
has bough: in a $4,000, barrel well
in the Amatlan district of Tampico.
adjoining acreage on which the
Mexican Investment Company is
drilling two wells, almost ALONGSIDE
of the new well bought by Gulf Oil.
Arkansas natural gas was again
strong, advancing to II, and there
was a good demand for Interna-
tional Petroleum, which sold at 16h
to 16&. Engineers Petroleum was
the most active Of the low-priced
issues. Elk Basin was frm. selling
at rs to 81.
Industrials moved within a com
paratively narrow range and wer
without special feature. Intercon-
tinental Rubber was steady, selling
los to 1oh. Sweets Company was
traded in during the first half of
the day at rs and 3h. Trading
started in the shares Of Hecla
divide, which operates mining prop
erty in New Mexico.
The Washington herald., 1921-05-03
LISTLESS SESSION
MCOTTON MARKET
Climatic Conditions and Dis
appointing Liverpool Cable
Cause Slight Declines.

NEW YORK, May z-The cotton
market was very dun from the open
ing and little change occurred in
prices during the first hours trad
ing from Saturdays closing quo
tations. There had been a decline
Of s to 7 points in the initial trans
actions owing to the disappointing
Liverpool cables, where the mar
ket was very dull again for both
spots and futures, owing to the
failure Of any new developments for
an early settlement of either the
British coal miners. strike or the
German indemnity question. In this
early decline, May contracts here
sold at 1913; July, 1855; October
Of the new crop, 1888; and Decem-
Der, 1878. This small decline was
recorded by the end of the first
hour on q steadier tone to the clos
ing Liverpool cables and the post
ing Of . somewhat wet weather
map, especially for Tennessee, East
ern Texas, Arkansas, Louisiana,
Mississippi and Alabama, together
with another drop in temperatures
from the frosty weather conditions
which prevailed higher up in the
central part Of the country with
some snow in Minnesota and North
Dakota and In the upper part Of
Michigan.
Today's export clearances posted
up to 2 o'clock were $4,000 bales.
against 1900 Saturday. Southern
spot markets were frmer and abou,
20. to 80 points higher On tie av.
erage In sympathy with ~ .ad.
vance in contract prices he.e and
at New Orleans.
At Liverpool cotton futures closed
quiet and unchanged to point net
advance on the general list ana 4
points on May, Is against the rise
Of to 10 points due to have met
our closing prices Of Saturday. Spots
there were 4 points higher to the
present basis OF 7Xd per pound
with the days spot sales but 900
bales and the import arrivals s5. 600
bales. including $4,000 American
cotton.
The Washington herald., 1921-05-03
PRICES ADVANCE IN
BROADENED TRADE
Covering by Wheat Shorts Ex.
pands Difference Between
May and June Deliveries.

CHICAGO, May 2.-wheat prices
advanced 3a4 cents as the result OF
in the May delivery and
it went to IS cents over the July
the widest difference SO far with
rather general covering by shorts
in both the May and the July.
Trade was somewhat broader than
of late and while crop reports sug-
gested a yield of around 64o.ooo,0eo
bushels compared with s77,oOo,ooo
bushels last year. Pressure was not
heavy. Selling against offers was
q factor in checking the advance:
Exporters were moderate sellers oi
May and there was some exchang-
ing of the futures for the cas-
grain. The bulge, however. checked
sales abroad although the fact that
foreigners continue to take grain
from this country in the face OF un-
favorable exchange rates was re-
garded as significant.
Deliveries on May corn contracts
were very disappointing being Ill.,
Ooo bushels here, 100000 bushels al
Kansas City and $1,000 bushels al
81. Louis. Prices advanced readily
on rather general buying. corr
showing 1%a2k cents, oats t7al
cent above saturdays finish, ou,
the best prices were not maintained
due to selling against bids. Cash
houses bought May corn and oats
and also bought the May and sold
the July. Country offerings con-
tinue light. Deliveries Of oats or
Nav contracts were 3,32o.Oot
bushels here and 100000 bushels al
,A6innAapolis.--.z-s----
R,1yins- Of -lard-credited to lead
ing packer made a strong rally ar
ter a lower opening. but ribs aver
aged. lower. Deliveries were 4,2So
barrels port. 11.4oo,ooo pounds lard
and 100000 pounds short ribs
Hogs were steady to IS cents lower
at the yards the strike interfering
with business to somee extent. Re-
ceipts 10000 with $4,000 for to-
morrow. Bulk OF sales were al
s7.seasS.4o. Western run 112.S0C
against 1900 a week ago. and 49,
800 last year. Exchange par
49,. .t.oA, .ou tiyna TaTik
The Washington herald., 1921-05-03
France Links Plants
To Compete With Huns

French steel corporations are
combining to compete with the Ger
man vertical" and horizontal
trusts, according to cable from
Paris received yesterday by the De-
partment of Commerce.
The cable announces the pooling
Of the largest three French steel
companies under the control of the
principal company of the group. the
Societe Anonyme des Forges ct
Acieries du Nord ct de LEST.
Capital stock of the holding or
ganization has been increased from
$1,000 200 francs TO S6,oo0,0oo. The
group will have an annual produc-
ton capacity of 1000, 900 tons OF
steel, and will control number
of allied interests along the "ver-
tical" trust plan.
The Washington herald., 1921-05-03
Other strikes.
COFFEE MARKET.

new YORK, May Ernterest IN
coffee contracts was decidedly pas
sivs today, especially on the buying
side, and hence a few small selling
orders forced prices to slightly
lower levels.
On the call two lots Of Septem-
Der sold at Saturdays closing bid
price, and four lots of December at
4 points decline. Later March also
sold at points loss while July and
September were 7aS points lower.
The lack of support was traceable
partly to continued large arrivals
in Brazil-40,00o at the ports and
1000 at interior points, against w.
800 and 5000, respectively, a ysar
ago. Moreover. Rio exchange on
London was Nd lower to s 3-16d, a
new low mark, while the dollar rate
was so reis higher. The Rio term
market was unchanged to 50 reis
higher and Santos IS reis lower to
25 reis higher.
Today is a holiday in Rio, while
tomorrow Is a general holiday in
Brazil.
The Washington herald., 1921-05-03
OIL DISCOVERED
IN ITALIAN AREA
New Well Creates General Ex-
element; Italy's Supply
Almost Nil.

Discovery of oil. other than olive,
at Ripi. half way between Rome and
Naples. has created general excite
ment in Italy. according to a report
yesterday from Rome to the De-
partnent Of Commerce.
The new well Is flowing at the
moderate rate of l.S4O gallons per
day. but since Italy's petroleum pro-
duction is almost nil, the fact that
it flows at all has caused hope to
spring in Italian bosoms that maybe
after all considerable quantities OF
the golden" fluid lay pooled be-
meath the old Roman stomping
grounds.
Because of lack of oil within her
own frontiers, Italy is solidly sup
porting the American policy Of an
>open door in the oil fields of
inundated and other territories.
The Washington herald., 1921-05-03

IN BOND MARKET
Oversubscription of Gt.lNorth.
? Loan Urges Execution of
Buying Orders. },

NEW YORK. May z.-Continued
nrmness was noted in the bond mar
ket as 1t opened on a new week.
Oversubscription of the Northern
Pacinc-G Great Northern loan had the
effect Of urging The execution Of
buying orders which had been de-
laytC while any doubt existed as to
the outcome Of that great financial
effort. These now bonds themselves
were traded IN at s6h or an eight
point above the issue price. Natu-
rally enough railroad bonds came in
for the greater part~of the increased
demand, as well they might in view
Of the pressure that was brought to
bear on them early week. In this
group the most remarkable feature
was a persistent demand for Penn
sylvania SIS at prices ranging from
s5S to s6h. This issue sold as low
as 941s at one time last week and
finished on Saturday at s5h. Other
recently issued corporate loans
brought out recently and heavily
sold early last week moved up
ward with Pennsylvania 6hs. Ches-
apeake and Ohio convertible Ans
having closed at Is on Saturday
opened at 75S in this session, but
were bid up quickly-to 76%.
Better demand for the stocks of
copper companies finally found re-
Election In greater buying Of the
listed bonds of these companies.
On the other hand, holders Of the
bonds were not quite. so eager to
sell. Cerro de Pasco So went from
107A to 10SH in this session. Chile
Copper Company IS went from 40
to 73h. Other industrial bonds were
more active and firm. Liberty con-
tiuued steady and foreign govern
ments were firm, especially Belgian
bonds
The Washington herald., 1921-05-03
Producers Urge $50
Duty on OIL Imports

OIL producers Of Southwestern
States urged members Of the
House Ways and Means Conmft-
tee yesterday to fmpose = duty
Of e1.50 per barrel on imports OF
crude oil n protection against
Mexican experts.
IL was claimed By the deleEa-
tion that q number of oil neids
are shut down In this country
and that there In q very heavy
reductiOn In the number Of per-
sons employed in the oil produe-
ing Industry. II was asserted
that the cost of producing q BAR
rel of crude oil in the United
states is S1.75, n against q cost
Of only Is cents In Mexico. The
contention was advanced that q
duty Of s1.SO per barrel would
eQualiEe the difference in cost.
The Washington herald., 1921-05-03
TIMELY WALL STREET TOPICS

to Pierce Arrow. Another story
which reflected on the movement
was to the effect that . combina-
tion of motor companies was being
negotiated. Durant Motors, Stude-
baker and Pierce Arrow were
spoken of as the companies to form
the nucleus of this combination.
This story bore none Of the ear
marks of one framed and brought
out to meet a temporary condition
In the stock market its details in
cluded the prices at which these
different companies would probably
enter the alleged Combination.
Mexican Petroleum was a leader
in today's market in the same sense
that 1t occupied that position on
Friday, following the receipt of a
Washington dispatch which ques-
toned the permanency Of the oil
fields of Mexico. At the start today
and for half hour or so thereafter.
Mexican Petroleum was firm and so
was the entire market. But shortly
before the end of the first hour q con-
certed attack was launched against
this stock and before traders could
fairly estimate the situation 1t had
declined to 143, or two points under
the extreme low of last week and
13 points under the high price COM
manded last week. other Industrial
stocks turned about quickly, follow
ing the leader. but they recovered
just as rapidly when the nature OF
the movement in Mexican became
known. That movement appears to
Arr .h - q
and to have been accelerated by the
execution OF stop loss" orders just
under last weeks low price Of 14s.
There were no sales between IA
and 143. indicating that traders had
placed the bulk of their loss orders,
principally between 145 and 144. On
the rebound following that low price
Mexican reached 14S before noon.
One of the developments which
helped to focus Wall Streets atten-
tion on the oil stocks was the re-
duction of Is cents a barrel in the
price Of Midcontinent crude oil. The
street was plainly at a loss to ex-
plain this action Midcontinent had
been the most important grade of
crude oil to hold aloof from the up
ward price movement during the
preceding fortnight. Doubt that
this grade would follow the lead
of the others first arose when
the Stap<ard Oil Company of Indi-
ana announced a cut of 3 cents in
the price of gasoline Midcontinent
crude sold at as high as $3.50 a bar
rel in January of this year. This
latest reduction brings IT down to
S1.50.
The Washington herald., 1921-05-03
Associated Oil Co.
Loses Legal Battle

The Associated Oil Company in
the Supreme Court yesterday lost its
legal attempt to force W. L. Miller
and others to allow It to drill for
oil on property in Eastland County,
Texas.
The company claimed the oil
rights Of the land, while Miller
claimed the surface rights. Lower
courts decided against the COM
pany and the Supreme Court de-
clined to review the case.
The Washington herald., 1921-05-03
WAR FINANCE BODY
TO ADVANCE FUNDS
FOR COTTON TRADE
Meyer Announces Plans
To Aid Exporters by
Federal Loans.
RELIEF is SOUGHT
Joint Bank and Export Com
mittee Formed for
Purpose.

Expectation Of American cotton
under contract for sale abroad viii
be facilitated by advances Of funds
to exporters. or banks and bankers
financing exporters, IL was an
nounced by Eugene Meyer, jr.. man
aging director of the War Finance
Corporation. following a meeting OF
the board yesterday.
This definite measure Of relief in
the present cotton situation fol-
lows a conference several weeks
ago between corporation oficialf
and leaders in production and mar
keting OF the staple and a meet.
ing last Saturday at Atlanta Ca
under auspices Of the Federal In
ternationsl Banking Company.
which Meyer attended with Director
Angus W. Mclean.
Definite Results.
Two definite and important re-
suits were obtained" he said. The
first and most important was ths
formation of a joint committee Of
bankers and exporters TO work OUT
practical methods Of dealing witt
the subject Of the expectation o.
cotton, especially TO those countries
which could use substantially lsrg.
er quantities IL credit were obtain.
able on a sound basis. The second
was a definite request from the ex
porters that the War Finance Cor.
poration make advances TO American
exporters and to American banker
financing them. to finance the eK
portation Of cotton which was undeI
definite contracts of sale, but which
would not move forward immedi.
ately"
The Washington herald., 1921-05-03

though only a slight drop was
recorded in retail prices, wholesale
prices of practically all commodi-
ties declined. The Wholesale Price
Index. published by the Norwegian
Review. shows a figure of $50 as Of
January /, 1920. The peak for 1920
(which 81 also the peak since 1910
was reched in September with a
figure of 425. From this figure IL
fell to 41s in October, 403 in Mo-
vember and 377 in December OF q
total decrease of about IL per cent
since prices began to drop. The
greatest decrease since the peak
has been in soal and coke, iron and
pulp mill timber. In only one com
modify. namely petroleum. has there
been no decrease, the rise having
been maintained throughout the
year.
The Washington herald., 1921-05-03
Urges Federal Control
OF Packing Industry

Government regulation Of the
packing industry was urged yes
terday before the House Agricul-
tural Committee by Representa-
tive Anderson, Minnesota, author of
a packer control bill. Packers will
appear Wednesday in opposition.
The Washington herald., 1921-05-03

NEW YORK. May 2. - Today's
stock market was a severe disap-
pointment to those who had figured
that last weeks rise had carried
stocks as high as conditions war
ranted. Many shrewd observers
figured that there would be a re-
lapse, but such was not the case.
With the exception of O. short period
in the latter part of the first hour
and the fore part of the second when
the Inst was unsettled by q sharp
decline in Mexican Petroleum. the
market for industrials was strong
throughout. Several new high rec
ords for the year were established.
Prominent features were Vanadium
Steel. American International, Ana
conda, International Paper. the
leather stocks. California Petroleum.
With the exception of Reading, rails
advanced only fractionally and were
quiet by comparison with indus
trials As a result of this market
another 1000. .o00-share day was
added to the records Of the present
movement
The strength displayed by the
leather stocks last week and again
today registers a belief In the finan-
cial community that this industry
also has turined the corner. Bet
ter demand for shoes was reflected
in a smart rally in Endicstt john
son last week and a fresh spurt this
morning. American Hide and
Leather preferred and Central
Leather each made a 2-point gain
today before meeting with opposi-1
ton
The z per cent renewal rate which
was made, effective today coincided
quite closely with the market com
munity's expectations. In view of
the deficit reported by the clearing
house banks on Saturday the sur-
prising thing to the minds of many
money students was that this rate
was no higher than the renewal fig-
ure of last Friday. 1t was pointed
out that each of the preceding def-
cit was followed by a stiffening
OF call rooney rates, probably as a
temporary measure to make up the
the interior.
Aside from Mexican Petroleum,
the most talked OF stock on the list
now is Pierce Arrow. Its advance
of AZ points net on Saturday was
followed by strong buying, today,
which led up to a rumor that the
interests which had been RESPONSE.
BILE for the rapid upturn in Stude-
baker were turning their attention
The Washington herald., 1921-05-03

The MARKET closed steady.
(furntshed By ". B. Hibbs & Co., Nsmb,r.
Chicago Beard Of rrsde.l -.