davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
CLOSING MARKET
VERY IRREGULAR
Weeks Recovery Largely Made
at the Expense Of Short
Interest

New York, Jan. S.-The irregular
and ragged appearance OF today's clos
ing market was TO be expected, pos
sIbly in view Of the weeks substantial
recovery movement. After a hesitant
opening the market ran into wave
OF heavy profit taking and considerable
short selling. The setback to some ex-
rent was aggravated by the recurrent
weakness which developed in Atlantic
Gulf and West Indies. That stock
opened at decline of ~ points,
which soon was extended to more than
points. Mexican Petroleum was also
ping more than points after starting
out fractionally higher. A good many
soft spots, however, cropped out on the
reaction, especially among the indus
trial specialties, which had been mark
ed up vigorously in the preceding ses-
sion.
For time the reactionary current
reached all parts Of the list, but at
the lower levels the general list dis
played the same resistance and resil-
iency as noted Yesterday and on Thurs
day. This influenced taking in Of some
Of short lines put out earlier and
brought irregular rallies, In a number
Of instances full recoverics were made.
professional origin and in reality car.
ried no signifSance' IN that either
swing merely renrcsented the familiar
veek end evening I'm onerations of thc
trod;ng element
Without ottemntinu n iudre its ouaI.
files. little comnIaint can he made of
Tho frst week. market of the new year
Considerable recovery wns made from
tbo lov, levels es,abiisbnd IN tho Gins.
ins wceL of Tho oiJ yeor Tbis wos
chsrged to throe dferent Influences
E;raf reinves.mert hnvino Sccond
coveri,s ~ IaroaIy nrcr .oytendoj
short inferest Tbird rehuyine ~ stncts
nv those Who Ind recentIv sold for
estabiishing losses for income ray nnr.
Noses az rho three short covering IN.
doubtedly was the greater nronelIine
force. This foct, however viii bc do
termined when the Inherent nosition Of
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
YEAR STARTS WITH
BRIGHTER MARKET
Seeming Determination to
Make Best of Confessedly
Trying Situation

New York, Jan. S.--The Evening Sun
In it's closing financial review today
says:
Although operations in the stock mar.
ket this week did not reflect consistent
strength, the net result was higher
level Of prices and the creation of the
impression that the. per riod had been
constructive than otherwise. The new
favor and its bow to the world. while
diifidcnt. was gracious. Its precedessor
had been grim. forbidding metaphor
cal figure and its demise was not un-
welcome, releasing. as its passing did,
the natural instinct of man to indulge In
hope. Wall Street, not unmindful OF
obstacles and difficulties yet to be sur
mounted in the tedious process of re-
cuperation, bore the forward look easier
than the cowed and detected mien. This
was translated into seeming deter
minaton to make the best Of con-
fessedly trying situation and to seek the
elements of progress. not to ignore
them.
1t would be hard to say whe ether in. &.
dustrial and business depression had
passed its worst phase. That Is a mat
ter which a clearer atmosphere than the
present can supply Is required to dem
onstrate to the satisfaction of most per-
sons. The subject of frozen credits
appertaining to the foreign indebted
ness due this country. to the conditions
prevailing in the South with respect to
cotton and in the West with respect to
grain, to the embarrassment of the mer-
chant with his heavy inventories and the
manufacturer with deferred buying and
accumulations of fabrications and to
the outstanding fact of labor liquidation
still to be accomplished, Is one of un-
ending discussion and Of import con-
ducive to confused thought and grave
doubt. The facts themselves were
pretty well discounted, it would seem.
in the last half of 1920. Should this
prove to be true. the new year should
tend to dissipate the ugly fancies which
have raised a burdensome Superstruc-
ture on the pile Of real construction
sufficiently formidable in itself.
Two Leading Factors
Two factors entered into the sccuri-
ties markets this week as basic iniu-
ences on the course of prices. They
were substantial short interest under
circumstances in which the bear trad
ers wanted confidence in their position
and natural desire to regain stocks
which had been sold to establish losses
against the federal taxes for 1920 There
was still. however, lingering feeling
born of past experience that price levels
may not have reached bottom. This
feeling was hangover, as it were,
from the repeated disappointmcnts suf-
fercd in November and December. 1t
was scarcely to be expected that such a
bugbCar could be overcome in so short
time. The new ground, while ap-
pearing firm enough on the surface. was
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
BANK CIEARINGS

Bank CleHrings today. compared with cor
responding day last two years;
1921 lU1O 1919
Phia,,, S69. l40 sS2 s7l.lSs,l l7S sBl, ,6B6 9l4
Bsston. SO, 88l454 60,l005 5i2 40, 7G3 0s0
Sss9. b g. " Oii iissSSSa aSS go4 i6.isisi7 ... ,,,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08

to be trcaded with caution. and ,h,.
the key to operations In the cn., wes
week. The benrs, while bit donJhs,rsent
could not so readily relinuuisb tbe NV.
of attack which the last two nonst naolt
had taught them 80 thoroughly yVatns
on the other hand, the timidiiv 10 tand'
public wns poor ally for investors' W tne
realized that standard shares wcro VINO
most cases, cheap. It was IN bo IN
served, nevertheless, that resistano.o oo' .
pressure wns frmer and that recovo., "
were of broader scope once the moro s ~
sistent pressure was lifted. This ~
true Of every session from Monday or W"
Results Of Under Consumpt,o,
Indications from abroad es wo,
at home pointed to intensive of,
ameliorate conditions arising fro,, 70
world wide credit situation, In .he
don there was meeting of p,;,1nn' ivn'
fnanciers to discuss the subject ,''sh -, is
sured credits for the purpose Of enoh,,l ~
impecunious nations to buy needed s v,,is
plies. It was not clear that rho "!
cussion crystallized into any nosi.is.
program, but it did serve to cnnba.,ye
that what the world was SUFFERING ss.
was underconsumption rather than nnsI ,sUn
production. On this side the presidon.,,
veto Of the measure for reviying ~
War Finance Corporation was ovcrrS., a.,
In the House and Senate. BY somo M
was regarded ms n backward sten T.H
asmuch as It would bring back a WI. ~.
measure tending to stay the progress =,
dcfiation and Of war recovery In o,s !"
eral. Those who took this Wow S,,. ,n.
prone to argue that rcadiustmre.
though bringing bitter fruit to NAM
should be carried to its logical conclH''
sion in the interest Of nil. Others tno,
the stand that conditions were 80 Wv, sv
traordinary and unprecedented and tb.i,
effect so widespread and disastrous tb,,
such a remedy az complete deaatio.,
provided might well prove too drastia
and in more ways than one defeat t..
own purpose. In any event Il was nv, W.
likely that the War Finance Corpo,,'
ton would become operative for seva,,,
months, since some vacancies were N i.
filled and inquiry into the merits ~ ~
each application for financial re,is,
would necessarily be long. MeanwhSs
other agencies among private bankin,
interests were at work to provide tbs
needed relief. and 1t was deemed Nm.
likely that the fears Of the proponen,,
Of either view would be realized.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
LOCAL TRADING
VAS COLORLESS
Business Situation, According
to Bankers Testimony,
Well in Hand

The week closed with rather color
less Local market and mixed price move
ment. The trading continued light and
unattended by any special feature of
interest. 1t was q case of fraction
scalping all through the list. The only
exception was supplied in the point ad-
vance in ]. G. Brill from the previous
sale. Electric Storage Battery, Lake
Superior. Philadelphia Electric common
and preferred and Lehigh Valley were
fractiOnally lower. United Gas I'M
provemcnt moved IN 4 to 31H, while
the preferred shaded under par.
The flattening Of market interest in
the local shares during the week was
without special significance. 1t was
simply a natural aftermath Of the COM
pletion of the ''loss establishing" oper-
ations. Taking the weeks fluctuations
as n criterion, the majority of the To-
cal stocks apparently have reached an
even keel. Unless something unfore-
seen turns up, the most VI them are
liable to remain in this scmcomatose
condition until the restraints aud re-
strictOns now holding spcrul4tion iron.
bound are removed. just when this
happy event will transpire can only be
con lecture.
According 10 the testimony Of lead
ing banking interests. the local busi-
ness situation may be described as a
shade healthier than at some of the
other large financial centcrs of the
country. The result bankers assert, Of
the proverbial ultrHconScrvatism Of
Philadelphia banking interest. A mum.
ber of Cripples are admitted to be- in
the financial hospital which is not Sur.
prising, considering the hard bumps
sustained last year in almost cvorv
quarter. 1t is believed, however, tar
real crisis has been safely passed and
with careful and scientific ru sing the
health OF general business VIII be gr.d-
ualIy restored during the current year.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
NEW YORK COFFEE MARKET

New York. Jan. S.--The local cot.
fee futures market developed frmer
undertone this morning. due to the hot
ter cables from Brazil. There was q
little new outside demand in evidence
and generally better feeling tbrough-
out the trade. Opening prices wers 2
to II points above the previous close.
At the end of the first hour prices
were slowly working higher, some IL
points net gain being shown at II
o'clock, with March selling to G.54c and
May to 6.94c. The market stilj onreo "".u ra
to lack aggressive. buying power brt M
the opinion has been expressed tbat 10
any sort Of important demand apneored
values would advance faster than con
be checked by Brazilian sellers,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08

l0..... 85A 2..,, 90 1...,. so
l.,... O5% New w Wilson Co cv
1..... RA& Bost ANS 0.... SIS
h.. 85% 2.... aaN l...., S3H
4..... 05h b..... 30H l..,,. s3n
Co.. 06% NIX & w'n Is Wilson Co lst
l5..... 05hl &c.. 7TbI l...,' sGI4
Totals. 37.l3s. 900. compared with sl7.-
,s5, 900, 900. "''"
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
Commodity Markets
COTTON MARKET

Sew York. Ian. SAT- til" opening
Of tho cotton market the undcrtou" was
steady following Governor Harding :
,,n,i,ri.ti,. ~,,rrrh last night, and an i'm
proy"mcnt reported in clothing and cot
ton textile circles.
First prices wcr" to 10 points
lfghrr. hur with the market at New
.0r,,.r.- ,Ho,rd. considerable h"dg" sell
ing ngaiu,, yr~rrrday's liberal trnnsa".
lions doyrloprd and the list worked OF
nbou, 10 points under opening levels by
tbe end Of the first fifteen minutes.
Tlc market became active and strong
in rho later trading. with commission
hon,"s reporting the receipt of stead e
iiy broadening public interest. tricS; oS
,',i,t. noriy in the scrond hour on the
I'"rr ,'r favorable udviocs from spot and
",,th u,arkcts and reports Of further
southern mill assumptions, The strength
of tl,r stock market was also factor,
nud Wall street was good buyer OF
cotton.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08

New Orleans Cotton 'chanse Closed
New Orleans. Jan. s.--The cotton ex-
change remained closed today, the an.
niyeTpary Of the battle OF New Orleans.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
GAIN IN LOCAL ClEARINGs
Weeks Total e.s Per Cent Create,
Than Last Year

Local bank clearings during the week
ended yesterday showed n gain Of 9,s
per cent. Total exchanges were s463,.
772,025. against $422, 2s4 $50 the cor.
responding week last year. and com.
parcs with a gain in New York Of ps,
cent and loss of 1.3 per cent in Bos.
ton.
Aggregate exchanges of all the clear.
ing houses in the United States for N.
week were so, ,706. .315. .746. against So.
$40, 9,117,O33 this week last year, or 4,
loss OF 1.2 per cent.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
NEW YORK BANK STATEMENT
Heavy Contraction In Loans and
Corresponding Jump In Deposits

The two outstanding features of to-
days Mex York Clearing House weekly
statement was the contraction of $54,-
254 200 in loans and discounts and
corresponding expansion Of $40, 900 900
in demand deposits. Offsetting the in
creased liabilities. the reserve credit at
the Federal Reserve Bank increased
S4, 1O7 900. so that excess reserve was
actual surplus over legal requirements
of 80, 131 $50.
"Details follOu.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
RAILROAD EARNINGS
Cash Dividend by du Pont Chemical
CUBA RAILROAD

Wilmington. Del. Jan. S.-The du
Pont Chemical Co, has declared cash
aividends OF ! per cent on the common
ary TO stock OF record Januarv Ok
raymSnts on the, common have been az
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
BAR SILVER

Domestic bar silver was unchanged in
New York today at 99Hc; foreign 65Ssc,
down lbc, In London. the price was
ssd lower. at toHd .,..
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-01-08
LIVESTOCK QUOTATIONS.

Chicago. Jan, 4. - HOGS-Estimat.a
ceipts. 5000 head; left over. 995G head''o Ie-
Ing higher; few sales around lOc bIrner ,h phh'
yesterdays average; $40 paid for ii.hi
weight, 'sh'
CATTLE-Estimate ted receipts loon had
SHEEP-Estimated receipts 5000 hesd,
Pittsburgh. Jan. \. HOGS-R.ca,n,.
5000 head Steady. Hea Vies sIoGD N 81,
heavy yorkers. light yorkers and pigs, so II
OIL. '-''''
',HEEP AND LAMRS-Receipts. 100 head
steady; Top sneGP, so: top lambs. SIC 30
CALNES-Recepls 200 head. Steady.
Top, $3.50.
East Bufialo' y. Y. Jan. .s.-cATTLE-
Receipts. 400 head, Steady. Calves re-
ceipts 400 head Sixty-hve cents lower, 81
HoGs-Receipts. 5000 head. Light csc
lower. Heavy. $40. 2S@l0 so; mixed, $40. so
@1o.7h; yorkers. $40. 0.7h@11; light do and
piTHs5O p%H'5O. " oS"S' ''''0@''''' S'as"' 20
SHEEP AND LAMBs-Reoeipts. 5000
head. Lambs, 25c higher. Lambs. 1929
others unchanged.
Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1921-08-11
OLD MYSTERY OF THE SEA
dent Which Disappeared In
the Year 1917

Among the modern sea mysteries
none Is more battling than the vanish
ing of the liner President In 1S4l.
The vessel was the latest word In lux
urlOus ocean travel, having but lately
been launched. And that day In March
when she sailed from New York for
Liverpool every vessel in the North
river paid tribute to her size and SUI
perlOrity. She was 26S feet long and
Of 1880 tons.
Early in April reports began To
filter into America from Liverpool that
the President had not arrived, and as
the days sped on far into the summer
the agony of suspense on both sides
the ocean grew. On her passenger
list had been the names Of many promi-
nent persons, among whom were the
celebrated comedian, Tyrone Powers,
George G.. Goodman and the duke of
DeyOashlre. A few more than 100
passengers we're aboard the President
Whether the President foundered
in some violent gale, was sunk or
crushed by icebergs, or was destroyed
by fire, no man to this day has been
able to tell, for not even a splinter Of
wreckage was ever reported seen.
Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1921-08-11
TELL EN- To SEE
NE, SAYS TOWNS
Every Time ! Sit Down to a Juicy
Steak Now | Give Thanks to
TanIac, He Declares.

Every time l sit down to a juicy
steak now l give thanks to Tanlac
for taking me of that milk and mush
diet had to live on for a year." said
Joseph X. Towns, the well-knOwn and
popular proprietor of the Sanitary
Meat Market, of Marshall, Mich.
Il had stomach trouble of the
worst sort and was going down hill
so fast | thought l would have to give
up my business. l was so nervous
and worried | dreaded to see night
come, as II meant little for me and
then In the morning l was so tagged
out l dreaded to go to my market.
"The money / spent for Tanlac was
the best Investment / ever made.
never dreamed a medicine could do
the work 1t did for me. Three bottles
was all l needed to make me as sound
as a dollar. 1 never felt better or
more like working in my life than / do
right now. eat anything l want, my
stomach Is In good shape and / am
brimful of energy. l sleep all night
without turning over and get up in
the morning as happy as a boy.
Not only has Tanlac made me feel
dit and fine, but l have also gained
twenty-five pounds in weight. If any
body wants to know more about what
| think Of Tanlac let them come TO
me and will be glad to tell them.
1t certainly hasn't an equal"
Tanlac is sold by leading druggists
Acknowledgement.
Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1921-08-11
Antiquity Of Porto Rico.

EthnOlOgists have reason for think
ing that Porto Rico and the adjoining
Islands may have been peOpled from
the valley OF the OrinOco instead Of
from Yucatan. When first occupied
by man Porto Rico may have been a
part of a peninsula connected with
South America. Its fauna and fora
are of the South American type, and
1t contains relics Of a forgotten race
which show evidence of a high grade
Of culture. Few traces Of these abor
lgines are now to be found except in
the interior of the island. Among the
curious remains are stone enclosed
plazas. on which ceremonial dances
we're performed. The remains Of
carved idols and pottery show no small
degree of skill and taste. No traces
Of stone buildings resembling those Of
the Mayas are found, but the houses
are of the South American type.
Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1921-08-11
MARIE eEssLER.

Synopsis.-In a New York jewelry
store Philip Severn. United States
consular agent. notices a small box
which attracts him. He purchases
II. Later he discovers In a secret
compartment a writing giving a
clew TO a revolutionary movement
in this country seeking TO overthrow
the Chilean government. The writ
ing mentions a rendezvous, and
Severn decides TO investigate. Find
ing the place mentioned in the writ
Ing apparently deserted, Severn
visits a saloon In the vicinity. A
woman I'm the place is met by
man. seemingly by appointment.
and Severn, his suspicious aroused,
follows them. They go TO the des-
ignated meeting place. an aban-
doned iron foundry. At the rem
devious Severn is accepted as one
OF the conspirators and admitted.
He meets a stranger who addresses
him as Harry DAILY. The incident
plays into Severn's hands and he
accepts IT, His new acquaintance
IL a notorious thief. Gentleman
George" Harris. Concealed, Sew
ern hearH the girl he had followed
address the conspirators She urges
them TO hasten the work OF the
revolution. The girl discovers Sew
ern listening. She accepts his eN-
PLANTATION OF HIS presence and
makes an appointment to meet him
next day. He tells her his name
is DAILY. Harris informs him OF
a scheme he has 20 secure a sum
amounting 10 100000, the revolu-
uonsry fund, and offers to split
with him. Severn accepts the prop
osiuon. Severn learns IL was his
new friend and a Captain Alva"
who had lost the box which started
him on the trail.
Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1921-08-11
The Silver DagNrl
CTo BE CoNTINUEDJ
DENIES CROW is ALL BAD
Bird That May Be Said to Have Few
Friends Finds a Defender In
Eastern Writer.

Volumes have been written about
the crow, remarks writer in the
Christian Science Monitor. He is
famous-yes, and Infamous, to not a
few of his biographers. Thus he re-
sembles Napoleon. Further, he resem-
bles Napoleon in his complete self
reliance, his cosmOpolitanism, and his
many-sidedness. The crow is our COM
pOsite, or ideal bird. He is typical
Of the class ayes. Frequenting our
average or general environment and
climate, he has adapted himself to
the requirements of that average sur
rounding In an all-arOund manner. He
is about a mean proportional in size
between the humming bird and ostrich.
He can fly enough, walk enough, wade
enough. RIl beak is long enough,
strong enough, round enough, curved
enough, so that little which Is food de-
fies his efforts at utilization. He does
not object to hot summers, wet springs,
dry autumns, and icy winters. And, in
line with this almost Grecian eQuilib-
rum Of faculties, experts studying his
economic status have at length con-
cluded that his virtues about balance
his shortcomings in this field also.
Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1921-08-11
Paradise Of the Hunter.

Kamchatka forms a peninsula at the
extreme southeastern termination Of
the great Siberian continent. Game is
pursued by the inhabitants all the
year round except in May, June and
July. Sable trapping Is a favorite pur-
suit of the native hunter, the skin Of
this little animal being accepted as
the gold currency Of the peninsula.
The business of buying and selling
Is carried on with the natives through
NEUTRALITY-SUSPICIOUS., Chinese and
well-tO-dO Kamchadals y who, while
faithfully serving their masters, make
a fat living out of 1t for themselves.
A veritable paradise for the big
game hunter, Kamchatka contains
reindeer, caribou. big-hOrn mountain
sheep (Ovis nivicola), the great gray
wolf and many varieties Of bear, all In
quantities unknown, says an exchange,
In any other quarter of the globe.
Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1921-08-11
NOTHING NOVEL ABOUT THAT
Old Joe Had Tried Electricity" and
Found II Was No Cure for
Rheumatism.

Old Joe Carter had suffered from
rheumatism until, he declared, he had
mo patience with IT," but he was al
ways eager to hear Of possible rene
dies, and when his sister In Mobile
wrote that she knew Of a cure that
had been tried with great success. and
would tell all about 1t on her next
visit, old Joe was all excitement.
Now, Nary he exclaimed TO his
sister, eagerly. a few minutes after
she ha' reached the house, "yOu-an
tell me bout dat cure for rheumatism |!
was so anxious could hardly walt
TO- 20 to git heah!"
We'll joe" began the sister, 'it's
electricity and"
Before she could continue Old Joe
Interrupted:
"De idea, Mary, of yo' comm heah
suggestin' dat to me! Don't yOu-all
remember dat only last summer l was
strucked by lightning. and it didn't
do me no goodT' - Philadelphia
Ledger.
Owingsville outlook. [volume] (Owingsville, Ky.) 1879-192?, 1921-08-11
CINCINNATI MARKETS.
Hay and Grain.

Hay and Grain.
Corn-No. 2 white 64c, No. 9 white
63663hc. No. 4 white 61662c, No.
3 yellow 62662hc, No. yellow COO
61c. No. mixed 62h@63c.
Sound Hay-Timothy per ton $3.50
Q20.75. clover mixed SIS.
wheat-No. 2 red S123@124, No.
8 red $1.2O91-21, No. 4 red $1.179
1.19.
Butter, Eggs and Poultry.
Butter-Whole milk creamery extras
46c, centralized extras 44c, firsts soc,
fancy dairy 33c.
Eggs-Extra frsts S3c, frsts sic.
ordinary firsts 26c.
over 25c, IL ID and over 25c, fowls 4
lbs and over &c, under lbs 10000,
ROSTERS 14c.
Live Stock.
Cattle-Steers, good to choice $50
99, fair to good S647.50, common to
fair $496, heifers, good to choice
$69S.50. fair to good $596, common
to fair SS.50Q5; Gamers S192, stock
heifers S495, stock steers $500.
Calves-Good to choice S116l1.5O,
fair to good SION, common and
large $496.
Sheep-Good to choice S5d5.5O, fair
to good S2.5005, common S1q2, lambs,
good to choice $119115O, fair to good
$500 1850.
Hogs-Hsavy S1O.2591075, choice
packers and butchers $10.754l1, me-
dium Sl1, common 10 choice heavy
fat sows S79s, light shippers 81 so
pigs Clio lbs and lsss) S9911.50