davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-09-03
DULLNESS WIPES
!: OUT EARLY GAINS
Wheat Advances One Cent
Over Previous Days Fin
ish in Early Trade.

CHICAGO. Sept. 2.-wheat made
its highest price early when II
advanced around cent over yes
terday's finish on buying headed by
the pit element and local .profes-
sisnais, but the urgent buying OF
the previous days were missing and
around s1.?S for December there
was general commission house SELL
ing. The absence Of outside trade
was apparent from the action OF
the market, which reacted 2ha2&
from the early high. with many oi
the early buyers going out on the
breaks. A sharp bulge in price the
past few days has checked the ex'
port demand, and sentiment was
somewhat less bullish. Premiums
at Winnipeg dropped cents to Il
cents over October. for No. North
ern. and congestion at Eastern
ports has commenced to have some
effect on the demand. Minneapolis
premiums were reduced las cents
and the movement of the spring
grain both sides Of the interna-
tionaI line is increasing rapidly
with Canadian producers selling
very freely. Messages from the
East reported purchases of Ca
madam flour for domestic use. duty
paid. which Offset the claims that
the Russian relief was buying
flour in this country. Deliveries on
September contracts were $4,000
bushels.
Corn and oats reacted after be-
ing higher early. heavy sales Of
corn to arrive by the country, with
hedging sales being a factor. The
basis in the sample market was
Lah lower with much less
urgent demand. The seaboard helC
off in buying on account of thu
advance in prices OF later reports
Danubian crop was only SO to 81
per cent OF normal. and had no ef'
feet on values Trade in oats wa'
light, with September cents unde1
the December. Packers brokers wer'
fair buyers of lard, the strength
in cotton decrease OF nearly $4,000.
OOe pounds in local stocks for thu
month and the large export sale'
of all combining to make a-highel
average. Hogs were steady to II
cents higher with. bulk of sale'
Is7.l0as5O. Receipts 1900 with g.,
900 for tomorrow. Western rur
$4,000 against HS,900 a week age
and 4s.300 last year. Exchange par
Yes'day'
The Washington herald., 1921-09-03


coming dividends continue to be
expressed in several quarters.
Publication of the governments
cotton crop report, indicating that
this years production will be the
smallest for nearly thirty years.
undoubtedly has had a pronounced
effect on the stock. market. A de-
pleted supply. with prospects for
steady Improvement in demand
and consequent advance in price,
will bring business in the South
out of the dumps. Another i'm
portant result which may be ex-
pected will be better ability to pay
of debts and a greatly increased
demand for fertilizer next year,
with naturally d favorable reaction
on. the fertilizer companies. This
years slim cotton crop is due not
"nly to a reduced acreage, but also
in "a large measure to a skimping
in the use of fertilizer. Southern
farmers simply did not have the
money available to bty fertilizer in
the customary quantities this year.
The better prices which they will
SCI lOE en-
able them to get their land in
much better shape for the next
crop. Fertilizer socks improved
on the exchange. American Agri-
cultural Chemical, both common
and preferred, were up nearly two
points, Virginia-Carolina Chemical
gained IN and the preferred near
ly a point. The Street is still
awaiting with interest report
from the investigating committee on
the Mexican Petroleum AFFAIR of
last week. Some who claimed to
have inside Information on the
subject were freely predicting that
onthing startling may be expected
as a result of the committees ef-
forts. The word "whitewash" was
heard in one or two quarters. At
all events. the short interest in
Mexican Petroleum Is believed to
have been pared down considerably,
and following hesitancy at the
start, this issue advanced to .
tevel higher than it has reached
fsr nearly a month.
The Washington herald., 1921-09-03
CORRECTS FALLACY
AS TOFOREIGN
DISCOUNT RATES
Acceptance Council Says
U.,S. Loans Are
Cheaper.
BANK RATES RULE
Other Paper Must Pay Two
Per Cent Above
Market.

In its current bulletin, the Ameri.
can Acceptance Council calls atten-
ton to the fundamental difference
between the American and foreign
discount markets. which must be
fully comprebended in order tc
make an intelligent comparison.
Both here and abroad. there may
be said to be two money markets.
one represented by the discount rate
on prime bank and bankers ac.
ceptances' and the other REPRESENTED
by direct advances by banks to their
customers under secured or unse-
cured credits. The cheapest money
in both cases is, available against
bills. In that particular. the mar
kets at home and abroad are stint
lar. Likewise in this country. apd
abroad the bankers acceptance II
the paper of first Importance, freely
dealt with in the open MARKET
Applies to Bank Acceptaaees.
1t is bank and bapkers' ac.
ceptances and trade bills TO which
the foreign central banks published
rates apply eSc1usively. and they
always bear>at least three name.
when taken at tho central banks
Their published rates are minimum
rates fixed for the purchase of prim-
est and best known names. Fol
other. IL taken. a somewhat higher
rate must be paid. In the foreign
banking practice. II must be re-
membered there Is no rediscount-
able promissory note. such as We
have.
The absence OF rediscountablt
promissory notes from the foreign
markets makes 1t necessary for Eu-
ropean banks to keep a much iargel
proportion of their deposits Invested
in acceptances or more often call
loans against acceptaEees. than 1.
the case here. in order to keep suf'
ficiently liquid to meet drafts OF
borrowing clients as well as with
drawal of deposits.
Many of us are too ready to as
sumo that because the London oper
market discount rate now happen,
to be around AZ per cent. money IL
much cheaper abroad than here
But that AZ per cent rate apple,
only to a very special kind oi
money. For the form Of cash credit
on current advances. or overdrafts
which constitute probably so pei
cent of the total English loans. the
borrower pays 1 to 2 per cent abov,
the bank rate on his debit balance
Since the bank rates are now 81
per cent. that would mean a curren
rate on debts of from 615 to II!
per cent. depending on the Dor
rower's credit standing. collatera
and relation to the bank.
Custom I'm France.
In France the custom is to charg,
minimum of l per cent above tn,
bank rate on similar advances plu.
a commission at some fraction pei
cent on the maximum debit balance
allowed during a given period. sucf
as a month or a quarter.
Within recent months the cost t.
borrowers at banks has probabl!
been relatively lower in the United
States than in England, France o,
Germany. with costs in those ~oun
tries lowest in England, next highei
in France and highest in Germany
even after making allowance for q
per cent deposit balance against hi
loan usually maintained by th'
American borrower. whereas tn,
foreign borrower maintains n,
credit balance and so pays only fol
the amount actually used.
The Washington herald., 1921-09-03
BUYERS in New York.

NEW YORK, Sept 1.-washington
buyers are. registered, here ss fol-
lows,
.Kaufmann-H. B. Wise. coats. suits.
infants wear. knit goods. Pennsyl-
vania.
= saks & Col. NJ. Saks. ready TO
wear. Pennsylvania.
Hecht Co.-Miss L. Langenkamp
coats. suits. 1850 Broadway. care
Barr & Lillienthal.
The Washington herald., 1921-09-03

In the following table comparison
Is made of the number OF CONNER
cial failures in the United States,
-covering three years, by leading
classes of trade. and the liabilities
reported. in each class for August.
: this year:
The Washington herald., 1921-09-03
Mrs. Otey Takes Stump.

LYNCHBURG. Va. Sept Mrs.
Dexter otey. Republican candidats
for superintendent of public instruo-
tion. left here Thursday for cam
pafgnin tour through the northern
neck of Virginia.
The Washington herald., 1921-09-03
WASHINGTON PRODUCE.
(Furnished by Golden & Coz


EggsASouthsrn. 36c: nearby, sSc.
Butter-Print, 42a50c: creamery.
extra. 44a4Sc; store packed, 26as7c.
. Poultry-Alive; REGISTERS. 16a17c:
springers, 'SOa35c: white Leghorns,
2Sa30c: hens, 24a26c; young keats,
CSC: dressed fowls, 2Sa3oc; spring:
ers. dressed. 3Sa42c.
Fruits (Green)-Lemsns. per box.
s25oa5.OJ: California peaches. s1.5o
1900; new apples. bushel baskets.
S3,D0a4.O0
Tegetables-New potatoes, bbls..
S6,DOa5.O0; 10-peck sacks, S4.00a4.5O;
cahtaloupes California standard.
.s2iS0a3.00; fats. 75cas1.25; new cab
bsge, home grown. s5.O0as3.50 per
bhle.; beets, per bunch. 2a6c; pep
pers. per crate, sl.ooa2.eO: nearby
cymblines, per crate, s1.5oa2.0o;
. sweet potatoes per barrel. s4.o0a
500: yams. per bbl., S3.50a45O;. new
apples. busheI basket. s2.00a3.5o
New York bunch celery, Z5a75c:
w$termelons, s5.o0as5o.0o per hun
dred.
Meats - Dressed veal. 1sa17c;
choice calves. 11a12c, :.
u =. Hfpartment OF Agriculture.
Bureau of Markets, September 2.
y BASED on September 2 quotations
ont important markets, prices for
. hay. few and gain in car lots de-
4iYered Washington. d. c.. for
prPppt shipment, are quoted as fol-
LOTS:
30. timothy hay, ton, s25: No.
rm9thy. $24; No. 1 clover, mixed.
$3.50: spring wheat bran, s21.75:
spting wheat middling, s2I.25: cot.
tod seed peaI (36.peF cent?, Sal: old
prkcess linsed meal s45; gluten
fetd. .s37: hominy feed (whIte).
s3t. .25. dried bet pub. s2s.75;- No. 3
wHite corn. bushel. 73c: No. 2 vel
loF corn, 74c; Nc. 2 white oats. 4sc:
No . white oats. 4lc.
10. 1 timothy Cwestern) bay.
s2E5o tom No. 2 timothy Cwestern)
hay. s24.50 ton; No. I. clover, mixed.
sef ton; sprine wheat bran. y21. rs
ton: winter wheat bran, s22 ton:
stsuaard fnidling, s23.25 tom; fiour
middling. s2S.50 ton; cottonseed
naeal f3s per cent old crop), s4z
.ton; gluten feed. SIS ton; homfny
Feed Cwh.teJ: $3o.75 ton; flour. soft
~ipter straigbt (140 lbs jute) SEA
fsF5 per barrel; hard winter
straight t1f0. lbs jute). s7aS barrel;
IN qcy soring patent (family .brand,
s1-E5as-I5 per barrel
The Washington herald., 1921-09-03

The rails were firm for the most
part. following their decline on
yesterdays selling. which was to
be expected Sentiment today.
however. did not seem to be quite
SO optimistic with regard to the
The Washington herald., 1921-09-03
TMELYWALL STREETTOPICS

rails as OF late. and doubts as to
coming dividends continue to be
expressed in several quarters.
Arizona republican., 1921-02-11
Making Work a Pleasure One
OF His Secrets OF Success

Murdo Mackenzie, manager of the
Matador Cattle company OF Texas,
chairman of the Brazil Cattle company
of South America, and president of q
large new cattle company III Florida,
sat in the lobby of the Adams hotel
last night and talked about any and
everything save cattle.
'Brazil | could sit here and talk
about it all Nights wonderful CHI
mate. its mountains and valleys, and
the infinite possibilities which await
the young men and women with their
lives before them. But whenever 1 do
this my office is literally swamped
with letters from all over the country.
seeking for further information, or
asking advice on this or that venture.
For. the saks of my already over
worked secretary. I'd rather talk about
something else
you mentioned the infinite posi-
bilities which awaited women, as well
as men-are you a believer in women's
suffrage?"
Il surely an-not only in the mat
ter of voting but in equal pay for
equal work. And not only believe it,
but / demonstrate it in my business
The women who do mems work in my
employ draw a mans pay"
And l make them save their money,
Arizona republican., 1921-02-11
COWS OF SAME HERD
WIN CHAMPIONSHIPS

Three Jersey cows of the same herd
have won state championships in their
respective classes, it was announced
yesterday.
The youngest of the three, Noble
Primrose's Lady, produced 6,070 pounds
of milk and 326 pounds of butter fat
1n q years official test, starting the
test at ono year and eight months old
This makes her the champion yearling
Jersey producer in Arizona. Her dam
IS Messy Primrose.
Ffllpaips Noble Queen, q half sister
of Noble Primrose's Lady and daughter
of Matilda's Ffllpail, produced In one
years official test 6.443 pounds of milk
and al pounds OF butter fat, starting
her test at two years and one month
old, thus qualifying as the champion
Junior two year old Of the Jersey breed
In Arizona Both of these COWS were
sired by Noble Peer of Oaklands.
Maggie of the Naples is the third of
the herd to qualify as a Jersey cham
MON in Arizona. At the age of ten
yearg an dtwo months she produced in
one wears official test 1870 pounds
of mix and 564 pounds OF butter fat,
making her the Jersey state champion
uroducer for her age. Her sire is EN-
jnence's Grandson, and her dam is
Margaret Anne
All three animals are owned by S.
A. Grimes, Phoenix, AriZ.
Arizona republican., 1921-02-11

too" he added mot that believe in
piling up money for the moneys sake.
Far from that. l do believe that every
one should save until he is assured of
a comfortable income, but not further.
I am far from a rich man, myself, and
I don't care to be one / set out in life
to make a certain income, and when
had reached that point I ceased to
worry about money
Now the truth of the matter Is that
the gentleman didn't look as if he
worried much over anything. His face
is smooth and free from care, his eyes
are as full of humor and good natured
understanding of the world, and he
has the moat infectious laugh i'm
aginable.
Il should say don't worry" was his
answer when the question was put to
him. when l shut down my desk !
shut away all thought of business
until the next day. But don't misun-
derstand me on this. 1 take as much
pleasure In my business and get as
much amusement out of it as some
people do out of play. My work isn't
work to me-it's play"
But don't you have some other
recreation, or way of amusing your
self?'
"Oh, yes. I run away to Colorado
Arizona republican., 1921-02-11

every once in a while on fishing trip.
And / go quail and duck hunting in
season. And l like to ride horse back
though not so much as / once did.
Can't find many horses that like to
carry me-" he chuckled, referring to
his size. Gle admits weighing some
thing over two hundred pounds.)
what would l say was the secret
of my good health? Moderation in all
things-work, play and sleep. I re-
tire early as a rule, though I don't
make it hard and fast rule. And
usually rise early-somewhere around
5 o'clock. like the morning air, and
a chance to think things out before
everyone is stirring around me. And
I'll never need to retire to keep my
health, as so many men form the habit
of doing. My health and my work go
hand in hand.
Arizona republican., 1921-02-11
TWO MORE BILLS ARE
SIGNED BY GOVERNOR

The act repeating the law which
,,rohibfted members of the Legislature
YroyA. holding state office during the
tw' hears period they serve as law
makers was signed yesterday by Gov
ernor Thomas e. Campbell
The bill, house bill 16, was intro
duced by Hon. J. F. McGrath Of Green
lee county and repeats a clause in the
Revised Statutes 1913, Civil Code.
having to do with state Government. 70
The governor also signed house bill
Is, introduced by Judge ]. G. Phillips
of Maricopa county and having TO do
with the distribution of community
property, being an amendment to the
present law.
Arizona republican., 1921-02-11
FATHERS AND SONS
To MEET SATURDAY

The fathers and sons get together
meeting to be held at Bethel Methodist
church Saturday evening will start at
s o'clock sharp. All the fathers in the
Osborn district who have sons no mat
ter how young or old, and irrespective
of church affiliation, are urged to be
present, accompanied by their sons.
There will be refreshments and a pro-
gram of addresses, toasts and song.
Sunday will be Parents and Chill
dren's Day. The parents Of the com
munfty are requested to attend Sunday
school and to remain with their chill
dren for the IL o'clock service. Fathers
are urged to come with their sons Sat
urday evening and enjoy good chum-
my time with the boys.
Arizona republican., 1921-02-11

will be an address for 25 minutes by
r. E. L. Shepherd, county attorney,
who will tell why he will enforce the
law and asking all good citizens to fall
in line and with a hearty sentiment
back up his acts.
E. S. Clark, one of the leading at
torneys of Arizona, also will SPEAK
along the same line of law enforcement.
One hour will be given over to adj
dresses and music which all good citi-
zens of Phoenix and vicinity are urged
to hear.
Arizona republican., 1921-02-11
LAW ENFORCEMENT
MEETING SUNDAY

A mass meeting to which the general
public is cordially invited will be held
Sunday afternoon at o'clock at Cen
pices of the Law Enforcement league.
A male quartet from the First Metho-
dist church will render patriotic songs
and there will be other suitable music
The principal event on the program
Arizona republican., 1921-02-11

held today in the home camp meeting
evangelical services at the Nazarene
church, Fifth avenue and Monroe street.
A particularly interesting point will
be a talk on MY Hospital Experiences
by the Rev. Bud Robinson, who is
months ago went through some har-
rowing experiences following a street
car accident and being run down by an
automobile
Arizona republican., 1921-09-06

of Phoenix, and J. H. Kibbey, former governor of the territory of Arizona.
 Active Pallbearers
 The active pallbearers were George A. Olney, George D. Christy, Charles H. Dunlap. Frank Trott, John w. Crenshaw and James R. Acuff.
 The members of the Knights of Columbus who acted as ushers dur ing the mass were John A. Johnson, P. J. Munch, R. William Kramer. Frank De Souza, J. J. Wesley, E. Power Conway, Walter Thalheimer, Peter Ryan, Thomas w. Nealon, W. J. Burns, w. P. Volta and William Gleason.
 The regular choir of St. Mary's church was assisted by the Rev. Frs. Vincent and Sylvester of the Fran ciscan mission at St. Johns. The mass sung was Matthias "Afissa Pro Defunctis,' or mass for the dead.
 Of particular note, was the large number of floral offerings which ac- companied the body to the grave. Of these, designs of special beauty and size were given by the Maricopa County Bar association, the Arizona State Bar association, the Pima County Bar association, the Santa Cruz County Bar association and the Marcos de Niza council of the Knights of Columbus.
Arizona republican., 1921-09-06
FINAL SOLEMN RITES SA|DFOR
 JUDGE BAKER
St. Mary's Church Crowded | As Impressive Service k Held-High Mass At l 9:3O - Floral Tributes | Many

In the solemn chants and impress i've ritual of the mass for the dead: In the slow measure of the ..Dies lrae"-"The Day of Wrath'-the grave verses of which have brought to Christians for more than 500 years a realization of the impending aw- fitness of the day of Judgment; in the well-considered words of priest who spoke with the kindness and the love of a friend; in the final words over the coffin and the incensing of the clay that lay within, the last earthly service was held and the last earthly tribute given yesterday to the memory of Judge Albert Cor nelius Baker, former member of the supreme court of Arizona, who was buried from St. Mary's church ac- cording to the rites of the Roman Catholic communion.
 . The funeral attracted a larger number of the friends of the de- parted than any other funeral ever held in Phoenix, according to those who assisted in the services, and per haps a larger number than ever en- tered church for the same purpose in the history of Arizona. In iaddi- ton to those who crowded the pews of the church scores remained out side the doors. Friends of Judge Baker from every corner of the state were present to give him the last tribute of their respect, and, without regard to creed or any other ma terial consideration, those who ha6 known the turist during his life uni ted in the requiem mass for his sou
Arizona republican., 1921-09-06

and to listen to the eulogy pro- nounced over his still body.
 Accompany Body
 At o'clock in the morning 70 members of Marcos de Niza council, Knights or Columbus, met at the Whitney chapel and marched with the body of Judge Baker to St Mary's church, where a requiem high mass commenced at 9:30 o'clock. The celebrant of the mass was the Rev. Father Novatus, pastor of St. Mary's church and head of the Franciscan order here. while the Rev. Fr. Paul and the Rev. Fr. Pascal, also of the Franciscan order, were deacon and sub-deacon, respectively. Accom- panying the body to the church and thence to the cemetery after the services were guards of honor from the local council of the Knights of Columbus and the National Guard of Arizona.
 After the mass had been celebrated and before the body was given the last blessing, Fr Novatus, who had been intimately acquainted with Judge Baker, and who emphasized his pride in the fact he had been to this leader in the human law, a teacher in the law of God, delivered an eloquent tribute to him.
 There has been taken from us, :" he said, ''one who lately held a com .manding position on this earth, for the fate that awaits you and me and | all the world has overtaken him | that fate which falls upon us with out warming of the day nor the hour. | To all men has this fate been appor- tioned, and, in the words of Holy Writ. All flesh faileth like grass and falleth like leaves,
 Tribute to Judge Baker
 To-day it is the Honorable Albert l Cornelius Baker, former justice ot the supreme coult of this state, tc whom we give the final testimony oi regard and for whom we offer UT the mass for the dead. His allot- ment of time measured 76 years l years of energetic effort in behalf o1 I justice. years which because of study and thought and labor were success full ones. He lost little time 1T leisure, and towards the end he spen l much time in the settlement of hi: heavenly affairs. This much know of my own knowledge-that he found special delight during the last month: of his life in reading the lives of th'
 early martyrs of the church and il the study of the writings of he
 learned doctors.
 | And these studies were congenia
 to him. During his whole lifetim he had been employed in the stud.
Arizona republican., 1921-09-06

all law from Whom comes the law as administered among mankind.
 T can assure you that Judge Baker was mindful of that Author, of the Judge before Whom he would soon appear and before Whose dreadful throne he would one day stand trial. As he came to a realization that his days were numbered he repeatedly spoke to me of the necessity for his selecting a burial place in the ceme- tery and for careful accounting of his spiritual condition.
 "Now l Am at Rest"
 With knowledge, faith and cour- age he became a member of the Ro-- man Catholic church. He lived in it in serenity and died in it happily, and the proof of this I have in the fact that when the last anointing had been given him shortly before his death, he said, Now 1 am at rest
 You, his friends. who have come to do honor to his memory, have a lesson in lis life. Love of the law of God and love of the law of the land go hand in hand, for he who knows that the law of the land comes from the Author of all law IS the better citizen and the better man, and that he who respects human law does wisely. for he is preparing him. self for his appearance before that eternal court from whose decrees there is no appeal and whose deci- sions cannot be revoked. "And so, speaking from my knowl- edge of Judge Baker and what he has accomplished while here on earth, cherish the hope and the belief that he has won his eternal reward. Judge Baker, may thy frail body rest in peace until the day of the resurrec- | tion!''
 After the services at the church | the body was taken to St. Mary's | Catholic cemetery, where the service | of the church at the grave was read
 The honorary pallbearers during | the funeral were Governor Thomas | E. Campbell, Supreme Court Justice | A. G. McAlister. John H. Campbell president of the Arizona State Bal association: E W. Lewis, presiden | of the Maricopa County Bar asso.
 citation; Willis H. Plunkett, mayor
Arizona republican., 1921-09-06
Greek Army Before
 Main Turkish Base

GENERAL HEADQUARTERS OF THE GREEK ARMY, IN ASIA MI- NOR, Sept. 5-Greek forces which have been engaged in a furious struggle in the loop of the Sakaria river, have advanced approximately six miles. They are now before Po- latli. the main base of the Turkish nationalist army.