davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09
Grain Shipments
Tax Capacity of
Port Of Montreal
Special Dispatch to The Tribune

TORONTO, Oct. s.-With export
freight rates on grain favoring the
Canadian route to Montreal, shipments
continue to tax the capacity of the
Canadian port. The present advan-
tage has been due principally, although
not exclusively. to the exchange situa-
ton, but the Royal Bank of Canada,
in a statement just issued, says:
The increased traffic will, it is
thought, be continued in coming years,
as it is claimed that difTerential rate
in favor of Montreal, as against other
Atlantic ports on this continent, can be
maintained under any competition
The volume of grain which has
passed through Montreal this season
20 date is unprecedented. Such traffic
has consisted in large measure Of grain
from the Western states and has in
Guided heavy shipments of American
corn. Indeed situation has been
created with which even the great ia
clities of the Montreal Harbor have
proved almost inadequate to cope. The
tremendous growth of the traffic within
the last twenty years is indicated by
the following figures for receipts of
Grain.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

In the following summary the Re
serve Rank credits which we're retire d
have been grouped SO as TO include
by Reserve Banks TO member banks,
the bankers ncceptances held by the
Reserve Banks and the government
securities held b. them - collection
TENS, such 5 checks IN process OF col
lection. Federal Reserve notes and
hanknotes held by Reserve Banks other
than those which issued them, to-
gcther with national banknotcs held by
Federal Reserve Banks: and small
amount of iscallnneous assets. The
means by which tho retirement of Re-
serve Bank credits WAS accomplished
have been grouped 20 include the in
crease Of reserves, the decrease of de
posits and tho decrease in Federal
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

Having STUDIED these llgures from at
angles, the open minded student Of
economics again faces the question:
Why do the Wall Street analysts and
the financial writers strain at 81 per
cent gnat and swallow SO per cent
camel, 1870 per cent elephant, several
other 60 or more per cent lions? Would
it be a help to better times to force
the steel industry into the ruinous
position of copper? From 1.-THE Iron
Ape."
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09
Plenty of Cotton
For Worlds Need
Large Shortage of Spindles Will Curtail
Consumption, and Resumption of
Normal Buyin Will Be Slow
By William Whittam

HATEVER the of during
w weeks they will have little
buy for take comprehensive of the industry.
manifest that the the which
but confines its the market the
Of these vital the situation
and down have been started estimates differing
which
hurries with frequency which would be ridiculous
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09
Drop Statesmen to Cut Overhead
Wholesale Notion Firm Enabled to Make Lower
Prices by Eliminating Large
Selling Expense

ANY
NJ ing down their doing
prices point where goods move
profits that the
modes stabilized
problem bringing prices
still further n to
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09
Lannon'S Big Task
In Mexican Debts
New York Interested Especially in Re.
funding Two Loans; Interest Arrears
Put at S4o,00G,000

EXAMINATION of Mxicos internal OBLIGATION
n neglected for about eight years. tremendous
A task Thomas w Lamont of j. P Morgan & faces in t,
ing Mexican finances Outstanding bonds OF the government
accumulated interest S30o0OO0o @
value External obligations $90O00O csc and a
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

One or the favored methods Is TO;
make deep cuts in the overhead
charges, which economists tell US have
increased in greater proportion than
have commodity prices. In plain words,
the cost of selling goods is too high
at present.
How one wholesale firm was able
TO cut its selling cost on an average
of IL per cent or more, reduce prices
to this extent and speed up its turn
over. illustrates the trend that is
sweeping the country.
About two months ago Berg Brothers,
Wholesale dealers in notions, ribbons,
underwear, knit goods and other staple
articles of small value handled chiefly
by the S, 10 and 25 cent stores and
small general stores throughout the
country, put into operation a new plan
of selling that reduced prices to an
attractive point, resulting in an i'm
mediate increase in the volume Of
business.
Up until the time the new plan was
put into operation the volume of bust
ness had been dwindling until it
reached an alarming stage. Although
prices in tho primary markets had
been stabilized, the firms customers
still bought sparingly and complained
loudly that prices were too high.
Executives 0? the concern came to the
conclusion that something radical must
be done to cut prices still further.
The only point at which reductions
could be made, after a careful canvass
Of the business, was in the cost Of
distribution
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09
Offer West Virginia Bonds

Watkins & Co. are Offering to-day
$4,000 900 State Of West Virginia per
cent highway gold bonds maturing July
/, 1880 to 1941, inclusive, at prices to
yield from 5.29 to SIC per cent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

The presence in the harbor at Nom
troal of eighty ocean-going ships. most
Of them DESTROYS OF loading grain, has
involved extraordinary demands upon
the elevator capncity Of the port More
especially the arrival OF tramp steam
ers in large numbers has proved en-
barrassing 20 the harbor commits
sioners Prior to this year the num-
Der Of trnmps had been almost negli-
giblo, and there is littlc space in the
hnrbor which is not leased to steam
ship lines If this years experience Is
to become the rule special aceommoda-
ton will have to be provided for tramp
shipping,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

1t is the general practice of to-day
TO compare every industrial activity
with the position in 1918. Indeed, that
year seems to be the starting point
and 400" for every index. That pre-
war period would be a good yardstick
for the cotton industry if it were not
for the fact that when the time comes,
as it must sooner or later, when the
world will demand its normal per
capita supply of cotton manufactures
there viii not be sufficient machinery
IN existence to supply 1t.
Before the war there was an average
increase in the number OF cotton spin
ming spindles of some 100000 year.
During the last seven years there have
been so few new mills built that their
effect on the general situation is
negligible. 1t is clear, therefore, that
before the industry can be said to be
at the level it would have reached had
not war interviewed there must be q
handicap of about 20ooO,ooo new
spindles put to work over and above
the 100000 normal growth of each
subsequent twelve months. To that
extent the spinning capacity of the in
dustry is behind normal.
Worn-Out Spindles
Then there is the "used-up' spin
ilage during the period since 1914 which
has not been replaced, This is esti-
mated by competent authorities to be
at least 2O.000,000 spindles. So that
neglecting the increase of 30,000,0O0
which would have been put down under
ordinary circum stances, this waste of
10000 900 eliminates demand for
q Aofa Or m q k
ing the quantity Of cotton the worlds
spindIes can use that number OF bales
less than they could turn into yarns
in 1914. And as about two-thirds of
this would be American grown fiber. 1T
follows that even on the basis OF the
number of working hours in force
seven or eight years ago the mills to-
day could not use the number OF bales
Of American cotton they did at that
time by 100000 bales.
But the number of regular working
hours of the cotton mills in the United
States and in England have been re-
duced by about - per cent, and though
no increase in the hourly rate of out
put has followed assume that q slight
gain in this direction will take place
before long, and take 10 per cent as
the consequent reduction of demand
for raw cotton. This will mean that
the two countries will fall short by
another million bales from the num-
Der they were regularly using under
the old working schedule.
Then. too, as the movement for g
curtailcd working week has also been
adopted by some of the other cotton
spinning countries and is spreading so
rapidly it is safe to say they will
all be working on permanently
abridged time table in the near future
In England alone the shortened work
ing week has neutralized the produc-
ton of about 100000 spindles, and if
q like 10 per cent permanent loss OF
working time should become universal
as seems quite likely, it obviously
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

The element which q stinguished y
present ner,od from others in me d
perience = this country, and poss'::II
from corresponding periods n the j
ture, IS t-e increase in gold reselj
Since Occo5er IS, 1929, gold iTpos'
tons hare mounted 10 Sfs6,O0O,VVVi
which all bus 100000 mas bee,
corpOTa.ed n the reserves o. the ~
elal Reserve banks. The effect o. \
large increase n gold reserves hasp'
10 increase rap d.y the reserve raw
The Fedora Reserve system. lnasn.
rs tae re .rcMuEt of Federal hss'. :,
nctes gs.-.4 Is -cee fo-a oniy ~
c',it a. t- g'lonn. retired. anu -
me- rs The decline in deposits O.
Reserve baHAs releases only 80 pc. "a
If their amount in gold. the 'Aslo-o
ton Of gold directly into the res.
Of the Ed raj Reserve banks IS =;
than twice rs effective IS the "a
ment OF notes or deposits. II v"
had been no gold accessloas si.os
tober, 1929. the reserve pereen'ae.
the Federal Reserve system wou'u
be - per cent Instead o. 6S' PEI
Member banks were able to Nh ~,
their deposits NJ the Reserve p
2s0.000.000 because their own oep.,
vera reduced. That reduction
"a. improve the position Of the hs, 49,
HANKS to the same extent as mp,
sos 100000 Of gold-not mueh "a,
than was received in the single ms
of Aurust Bat, inasmuch as ma "a q,
banks keep on the average ao0"S IA
cent of their deposits with the 49,
banks, that reduction implies uss
Of about 81 500, 100000 in their e '',.
posits. and a corresponding deem"
their loans to customers.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09
Others IN. arrears

The per cent gold bonds OF 1904
were for loan of $40, 100000 United
States gold coin, and have American,
British, German and French coin values
stamped on them. A sinking fund was
provided for the redemption of the
bonds in fifty years. Except by the
sinking fund operations the bonds are
not subject to compulsory retirement.
The amount outstanding is S37, OBJ 500,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

ton is therefore 1874 per cent Except
for the other metals and the farm
products and food, not another item
has lquidated so much as 70 per cent.
The figures follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09
Enhancement Of Values

The Federal Electric Railways Com
mission, in its report to the Presi-
dent August, 1920, called attention to
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09
The Means - Ke.iremen

!. Increased reserves-
The Reserve banks receifsd
from member banks and
other sources ad1lt.ona.
Increase h reser,-a s.. :7os.p
;. Decreased circulation
The member banks iu pay
ing loans al The Reserve
banks used 1913 N49.090
surplus Federal Reserve
notes and sli1.Do0.090
notes ....'.........-... $3.50
:. Decreased 6eposlts--
The member banks. iu pay
ing lo4Is. used excess
deposits It tie r esfrye
banks OF $3.50 0Q1 .3f1.
witch. WITH ar increase
IN other deposits caused
net reduction OF. .... 22So'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

1920 Present drop age
excess in points liQui-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

matter of common sense, regardless
of the technicalities of law, it would
appear that the extension Of a sub
way is strictly analogous to the build
ing Of a sewer, as it affects property
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09
RESOURCES
On millions of doilars)
On millions O. dollar

LIABILITIES
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-10-09

two and half times what It was in
preceding months and the money value
of sales is jumping at the rate of about
10 per cent a month.
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-03-11
MARKETS

Market prices are corrected every
Thursday evening.
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-03-11
ACT WOULD HIT MANY
DISTRICT SUPERINTENDENTS

Two hundred and sixteen district
school superintedents will be legislat-
ed out of office if the senate concurs
in the enactment of the Faris bill
which the house of representatives on
Tuesday passed by vote of 88 to 20.
Should the bill eventually become a
law, it is expected that more than one
half of these district superintendents
will be compelled to make school con-
nections in some other capacity, while
the remainder would have chance of
unemployment in the capacity of as
sistant county superintendents.
Under the Faris bill not more than
three assistant county superintendents
may be employed to take the place Of
the district superintendents in any
county. 1t is up to the local board
whether any assistant superintendents
are employed at all.
This is to be determined at a meet
ing of the presidents OF the rural
school boards before the first Of Au-
gust in any year. If majority Of
these rural board presidents vote for
assistant superintendents, the county
board must provide them.
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-03-11
m, p.,.,,;, c;,+o,., ,,,;l, ~,

The Pythian Sisters will confer
their degree on Paul Day, Mr.. and
Mrs. Lowrie, and Mrs. Mccain, next,
Monday evening, March Ia.
A reunion Of the Medina County
Fish and Game Protective association
will be held at the !. o. O. F. ban
quet hall on the evening Of March II,
at $3.50. Election, business, light
lunch and a social time on the pro-
gram.
Mrs. Walter Bibbins and Miss
Natalia Fisher will be hostesses at
$500" party this Friday afternoon, at
the formers home.
Mrs. Edith Brintnall is confined
to her home with an attack of la
grippe.
Miss Ruth Brintnall will spend the
weekend with her mother, Mrs. Edith
Brintnall.
Mrs. G. A. Bell and children of Ak
ron visited in Medina the forepart of
the week.
The Ladies Bible class of the NJ.
E. church will meet at the home of
Elton Wheeler on South Broadway,
this Friday evening.
Mrs. Huber Root entertained the
Tuesday Afternoon club at luncheon
this week.
Mrs. Frank Sargent entertained
Mrs. Walter Koons' class of the l..
B. s. of the Congregational church,
Wednesday afternoon.
\ A story hour for the younger
children of the village, under the
supervision of Mrs. w. r. Bailey, will
be held Saturday afternoon, at 8
o'clock, at the library, and at o.
clock for the older children, in charge
of Mrs. Morgan. 4
Mrs. Henry Reuter- entertained
with a theater party and luncheon
Tuesday evening.
Miss Luella Kern entertained the
Young Ladies' Benevolent society
with picnic supper Wednesday eve
ming.
The new club rooms of the Amer
lean Legion on West Liberty street
are now completely finished and furn-
ished, and business meeting of the
Legion was held there on Thursday
evening of this week. On Saturday
March 10, afternoon and evening, the
rooms will be thrown open for public
inspection, and light refreshments
will be served by the ladies of the Le-
gion Auxiliary. An orchestra will
provide music.
IS. A. Pratt, until recently night
operator at the local station of the
A. G. & Y, has been transferred to
Lykens, 0. I. S. Hooper has been
assigned to the local office, but until
his arrival the night office will be in
charge of G. W, Perkins.
! The Clytean club will meet with
Mrs. Jennie Bowman next Monday
evening. Mrs. A. e. Young will as
sist as hostess.
| Rural Carrier John Jason was
summoned to Leroy Thursday by the
critical illness Of his brother.
The condition of VIM. House, who
sustained broken hip recently when
a log fell on him, is reported as i'm
proving at Fairview hospital, Cleve-
land.
Mrs. E. Shepard was reported as
critically ill at her home on Prospect
street Thursday morning.
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-03-11
MINISTER'S GET TOGETHER

The March meeting Of the County
Ministerial association will be held
in Medina, Monday, March la. This
month the pastors Of the county are
guests of the Medina Methodist
church. According to custom the
session is called at 1915 and a lunch
con and social hour proceeds the bust
ness meeting and address.
The main paper at this MONTH s
meeting will be given by Rev. e. e.
Zechiel of the Wadsworth Reformed
church. Rev. Zechiel is pastor of one
of the most progressive churches in
the county and the association is as
ssured of a strong meeting next Mon
day.
1t is expected that the County Min
listers quartet will also sing at this
session.
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-03-11

quired, but who also will have acquir-
ed knowledge which will be put to
practical use for the prevention Of
sickness and the Improvement Of the
general health of the family s
Much patient study of timetables
and of the varying needs of members
was required to arrange Miss Felix
ner's circuit so that she can give two
lessons per week, of one and a half
hours each, in the four towns Leroy,
Lodi, Medina and Spencer. This has
finally been accomplished and a satis-
factory working schedule lis bringing
much pleasure and profit to the class
es.
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-03-11
MANY MEDINA WOMEN
TAKE HYGIENE COURSE

One hundred and twenty-five Of Me-
dina county's women and girls are
taking the Home Hygiene Course Of
fercd by the Red Cross, under the
direction Of Miss Helen Felkner, r.
N.
This means that one hundred and
twenty-five homes have some mem-
Der Of the household who not only
will be qualified to give first aid In
time Of illness and to care for the
sick where otherwise the employment
Of d professional nurse might be re-
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-03-11
MONTvILLE HuSTLERS

The first regular meeting Of the
Boys and Girls club was held in
Grange hall, at Poe, Wednesday eve-
ming, March 2. The first business of
the evening was selecting a name for
the club. After suggestions and dis
cussions of various names, a motion
was made and carried in favor of the
name Montville Hustlers.
Short talks on various subjects
were given by the following persons: /:
Margaret Ralph. Horace Gambler,
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-03-11
GRAIN, FLOUR ana SEEDS
Mr.. Barnes, Mildred Cole and Mr.
Haldern1ar.

Halderman.
Forest Hunter, president, was un-
able to be present so the vice-presi-
dent, Nelson Stevens, took his place.
After singing america the Beauti-
full" an adjournment was taken until
the next regular meeting, the first
Wednesday evening in April.
The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-03-11

Announcement is made BY
I the Oliver Chilled Plcw
Works, Of . general price
reduction in their lines that
brings prices to the basis
Of 1918.
They are the first to make
this reduction and are tak-a
ing the loss that the move
brings for there has been
little reduction in labor Or
I'd
Democratic messenger. [volume] (Snow Hill, Md.) 1869-1973, 1921-12-03
STRANGE Moon Rays.

Pusilex. the distinguished selcnog-
rapher Of the Paris observatory. some
time ago reached the conclusion that
the curious rays or bands extending
in straight lines away from many lunar
craters. such as the celebrated Tycho,
are produced by the deposition Of
volcanic ashes carried To great dis
tanceS by the winds that happened 10
prevail when the eruption occurred.
He accounts for the relative mar
rowneSs Of these bands. which are
never more than thirty miles broad,
although their length are sometimes
many hundred miles, by surprising that
only the central axis of the deposit
has remained, the less dense borders
having been destroyed by the denud.
ing forces OF the air when the moon
had a considerable atmosphere.
Democratic messenger. [volume] (Snow Hill, Md.) 1869-1973, 1921-12-03
IS A DEADLY DRUG
Powerful 0piate Popular With
South African Natives.
Produces Exquisite Feeling Of Supreme
Content and Happiness, but Leaves
Victim a Wreck.

II is not only among war-wearled
people In big cities that drug taking
is prevalent.
The natives of South Africa culti-
vate-surreptitiously, because there is
a huge fine IL the authorities find them
out--a herb called dagga.
Dagga in Africa Is what opium Is to
China. 1t Is smoked-but smoked in
a strange way-and the native smokes
It only In the very early dawn or very
late ut night, when he can do 1t Sc
cretly.
lie scoops a hole out of the hard
ground three to four inches deep by
three inches wide. A foot or so away
from this he scoops another hole, and
he then bores small channel under
ground from one TO the other There
Is thus free air passage connecting
the two little excavations.
He places some dried dagga leaves
in the first hole, lights them and covers
them over with moist clay. He pierces
this clay with a sharpened piece of
wood to allow draught 10 go through.
Into the other hole he inserts q small
squeezes moist clay round ii, and on
his knees begins his smoke.
A cup Of water Is at his side, and
after each draw" he cleverly lets
mouthful Of water In without letting
any smoke escape Then in some mar
velous manner he elects the water In
a long thin stream and the smoke slow
ly follows.
Bending low over the reed and sit.
ting back on his heels. this is repeated
time and time again.
His eyes stream with tears and soon
get very bloodshot and swollen. He
becomes excited; he feels elated.
buoyed up in some wonderful way. All
his cares and troubles are forgotten,
and In their place has come an ex-
quisite feeling OF supreme content and
happiness.
He begins to talk. and the occupants
OF his kraal hear great tales, tales Of
daring deeds of his yOuth-told with
much demonstration and wild en-
thuslasm. Tales of his early fights
tales OF battles and of victories-al-
ways OF victories. Tales of great horse.
manship-and wonderful journeys-ot
old forests and young love.
But the influence of the dagga dies
out. The natives eyes are screwed
up small his head aches, his limbs
and face become inert, and in short
while he is just % huddled mass Of
heavy sleep.
His JOY in life has lasted Just about
an hour, and in the dim dawn he
awakens feeling fearful wreck"
But he believes in "a hair Of the
dog that bit him." and so-another
pipe before work.
Democratic messenger. [volume] (Snow Hill, Md.) 1869-1973, 1921-12-03
THERE IS VIGOR
IN RICH BLOOD
Pepto- Mangan In Liquid or Tablets
A Blood Builder

Nigor and strength have as their
base rich red blood. Blood is rich
when there are plenty of red corpus
cles. They are the tiny red cells
which swim in blood and give it its
color Without red corpusclcs blood
would be white. When ovcrwork or
Straining. or illness weakens the
blood. it diminiSheS the number of
red sells Without Il sufficient mum
Der Of red cells the blood becomes
watery. the body weak. Vigor and
strength fall Off, so that physical life
diminisheS like fading plant The
physical pleasures of eating and
sleeping and exercise lose all attrac-
ton. There is no zest in living.
After Guides Pepto- Mangan has
been taken for a while the blood be
comes rich with red cells. They help
to nourish the entire system. With
good blood at work there is a great
difference in living. Eating, sleep
ing and exercise are enjoyed. All
druggists sell GUIDES Pepto- Mangan.
Advertisement.