davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20

Gain in August was the largest
for any one month this year. exceed
ing the gain in April. which was the
previous high month by over s6Oo,ooo.
The increase in gold since the flrst
OF the year has been at the average
monthly rate Of $74,072,944.
While the Treasury statements
show an increase in the eight months
from January ! to September l OF
5s2,5S3,553. the foreign trade state
ment for the same period shows I'M
ports of gold 1902, 349,531 and exports
$11,097, Jas. an excess OF imports OF
$491 ,252, 1886. In other words, the
Treasury statements indicate an IN
crease in gold holdings of slightly
more than 500, 00O.O 900 over what Is
shown in the foreign trade reports.
The smaller part of this difference
may be accounted for by production
of gold in the United States during
this period, although total production
of gold in the United States in 1920
was under $4,000 900. and further
decrease in production Is expected
this year.
Part of the difference may be due
TO final settlement In connection with
1890 of the gold held by the Bank
OF England "ear-marked" for the
Federal Reserve banks. and part may
be due to the release of other gold
previously shipped to this country for
the account of some other country.
Such shipments have figured in the
gold movements. although they are
difficult to trace. It is understood
that some gold that has been shipped
into the country. and which figured
in the trade reports as imports, was
not included in the Treasury esti-
mites Of gold at the time because
this gold belonged to other countries.
When the gold was used in settle
nent of various accounts it either
found its way into member banks or
the Federal Reserve banks and was
then included by the Treasury in
computing the country's gold hold
ings.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
Chicago Live Stock.

CHICAGO, Sept. 20.-Live stock:
Hogs-Receipts, $4,000; market
mostly 15@26c. lower. Bulk se.s59
s.s5; top. $3.50; heavyweight. $1,000
$40; medium weight. $s.1S@s.5o; light
weight, ss.o0@s.50; light lights, $3.50
@s.15: heavy packing sows, smooth,
$s.S5@7.25: packing sows. rough. $s.os
Q6.75: pigs, s6.5o@7.5o.
Cattle-Receipts. 1000: market
steady to lower. Beef steers, choice
and prime, sS.s6@10.26: medium and
good, $S.2509.00; good and choice,
fs.25910.75; common and medium.
$4.s0@S.25; butcher cattle, hsifcrs.
S4.259s.O0; cows, $3.50@7.oo; bulls,
Ss.60@6.40; Gamers and cutters, cows
and heifers, s2.35@3.50; Gamer steers.
$2.75@3.50; veal calves, light apd
handy weight. $S.00413.50; feeder
steers, s5.00@7.25; stocker steers. 81
@6.75; stocker cows and heifers, $500
@4.75.
Sheep-Receipts, 10000; maSket,
lambs. 25@50c lower; sheep and feed
ers steady. Lambs. 81 lbs. down,
s7.50@9.65; lambs, culls and common,
S5@7.50; yearling wethers, $3.50
$50: ewes, $3@5: ewes. culls and COM
mon, s2@2.75: breeding ewes, $3.50
$50; feeder lambs. >$6.76@7.60.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
FoRD'S MUSCLE SHOALS
BID HELD UP BY DISPUTE

Negotiations for the sale of the
Muscle Shoals nitrate plant to Henry
Ford have been interrupted because of
differences between the Ford en-.
gineers and army engineers in esti.
mating the cost Of the plant, 1t was
learned today.
. Secretary of War Weeks stated to.
day that the Ford engineers have esti.
mated the cost of the plant at a figure
between $15,O00,0O0 and $4,000, 900
lower than the cost estimated by army
engineers.
The Ford engineers are now revis-
ing their estimates, and when this il
done Henry Ford will confer with
Secretary Weeks.
The Secretary said that II would be
impossible to make Recommendations
to Congress for the sale of the plant
until definite basis of estimating the
cost OF the plant had been agreed
upon.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
Surplus Copper
Stocks Large

Surplus copper stocks in the
United States were estimated to-
day by experts Of the Geological
Survey as between 100000 900
and 1.250. 000, 900 pounds. At the
Survey little credence was given
to reports to the effect that the
great surplus remaining after the
war had been entirely disposed
Of.
An appreciable reduction in
stocks of blisters has been noted
recently, but only a compare
lively slight reduction in refined
coppers, 1t was said, and the sur
plus was estimated to be suffi.
cient to supply domestic con-
sumption at the present rate for
at least six months aud possibly
q year.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
STEEL MILLS RESUME;
TIN PLANTS ACTIVE

CANTON, Ohio; Sept. 2o.-ln'
creased activity in all Of Canton's
steel mills and steel production CEN
tiers was noticed today. The Superior
Sheet Steel Company announced
that operations would be on fui'
100 per cent basis.
M'KEESPORT, Pa, Sept. 2o.-The
McKeesport Tin Plate Company at
Port vue is operating its entire
liant Several thousand old en-
ployes were taken back.
LEECHBURG, Pa, Sept. 2O.-No-
tees, we're posted at the plant OF the
American Sheet and Tin Plate Com
psny announcing that six sikh, OK .he
eleven mills Of the plant VIII pegln
Ioperation. The plant has been closed
down since March. Five hundred
men will resume work. tr. y.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
FoRD'S FOREIGN
OUTPUT IS LARGER

DETROIT. Sept. 20.-Statement
from Ford Motor Company officials
says that foreign plants during Aug.
ust produced 6,140 cars, of which
2,273 were turned out at the Can
adam plant. Buenos Aires made q
large increase in output. Total re-
vised output both domestic and for
eign for August was 1890 cars.
Kearney assembling plant was a
leader in larger output, with Detroit
second and Philadelphia third.
Total output for four months end
ed August 81 last was 426, 759 cars.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20

road presidents
the other day,
and. recalling that
he told me sew
eral years ago
that his son was
looking forward to
taking up ran
reading, / asked
him h ow h g
young man liked
the railroad game.
, "Oh, he didn't
take up railroad
Ing" he immedi-
'ately replied. He
Intended to, but
when he saw how
things were going.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
Mines Sho.U Increase
In Daily Coal Output

An increase working day the Geological Survey reports
occurred in the production of soft coal for the week ended
September TO- though because of Labor Day holiday the
total output shows decrease The total output is estimated
against 615000 tons in the proceed
ing week So many mines continued to operate Labor Day.
it is difficult to calculate the production working day. but
from the figures of daily loadngs is thought to have
aYeraged 800 600
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20

Local Stock Market.
GAZING

Capital Traction 5's. $1,oOo9s7M;
81. oOo@s7h; sI.Ooo9S7h; s1.ooo9
S7h.
Washington Railway general S.
81. 000@s5; $1.000@s5; $1,oo0495.
Potomac Electric debenture S.
$500@95A. &c.,
Capital Traction, 259Ss; 259s5.
National Bank Of Washington, 10
0180. rs
American Security and Trust, 60
Lanston Monotype, 6@72. ~
Mergenthaler Linotype, 1@l19Is.
Money-Call loans, 5h to per
cent. H" d"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
Chicago Grain.

CHICAGO, Sept. 2o.-wheat omen.
ed h@% higher: corn unchanged to
II higher; oats Y to IN higher and
provisions unchanged. Opening:
Wheat-September, 1.26; December
1.2Sh@%; May, 1.32k@&.
Corn-september. b2h; December
sax a "; May, SIS.
Oats-December, 3Sx mh; May
42H6%. -
Lard-october, 11.o5; January. $50
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
Liverpool Cotton Market.

LIVERPOOL, Sept. 20.-Spot cotton
opened quiet today. Prices were
steady and sales were $4,000 bales.
American midlands, fair, 1858; good
midlands, 1923; fully midlands. 14.2S:
midlands, 13.S3; low. l2.S3; good ordi.
nary, Ills; ordinary, fi.03. ..
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
ADVANCING .....
WASHINGTON'S INTERESTS
Gold Reserve In u. S.
Makes Ne,u High Mark

Gold stock of the United States including bullion In the
treasury established new high record on September a.
$3,377, 417,980.
The of gold for the first two weeks of September
which was in favor of the United States, means that
that record been ecpsd although no definite
figures will be available until the next monthly crcuation
statement of the Treasury. . -,
Gold stock on September showed increase OF $685.
over August 1921 increase of since
January l. 1921 and of since year
ago. September l, 1920. -
Magnitude of the gold influx this shown as follows
giving the increase each month reported by the
Treasury; January February March
AS April $sS 1867, May $8s 416J June $4s
314446 July S65 764 and August $88809572; total
$500 583 553
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
Metal Prices.

NEW YORK, Sept so.-Metal
prices: ,it
Copper. firm. Spot to Nov. offd.,
11x. - D.. .. h..
Lead. firm. Spot to Oct. offd.,
AIS. .,a.
speiter, quiet. Spot to Oct. offd..
4.20.~ o..
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
FINANCE

By d. @. FORBES.

Which line or lines OF business
hold out the greatest opportunities
for an ambitious young, man?
And are there any which ought to
be avoided?
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
New York Clearing House.

NEW YORK; Sept. 20.-Clearins
house statement: Federal Reserve
Bank credits. S47.600, 900; exchanges.
$700, 400, 900; balances, $500, 000.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
INVESTORS SERVICE

II you have IN investment problem,
The Times will be glad to aid you.
Write US fully, inclosing stamped
addressed envelope for reply. and
address the Financial Editor.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20
New York Cotton.

NEW YORK, Sept. 20.-opening
cotton prices: October, 1885; De.
cember, 20.20; January. 1920; March,
1000: May, 1000.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20

First let us take the second. I got
talking with one Of our ablest rSil-
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20

Is It not fact that the line OF work
we choose TO 60 into is Of less import
ance than the spirit with which we
got into II and the amount Of brain
swat we are prepared to put into TT
(gUpyright, 1871, by ID. c. Forbss.)
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1921-09-20

ANSWERING regret the necessity
Of advising you that the stocks you
refer to are believed to be without
value. We sincerely wish an entirely
different answr to your INQUIRY might
be given, because II would make you
feel better and It would b more
pleasant for us. ..sj.t. 80. 49, 80 ..
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-03-14
G.. F. FOUNDRY
EQUIPPED FOR
REPAIR WORK
Can Make Parts For Trac,
tors and Cars; Handle
Lauson Tractors

The Grand Forks Foundry com.
pany is n Of the oldest and best
equipped plants Of its kind in the
northwest. The Machine Shop being
in = position to make or repair any
part Of tractors and automobiles, in
fact machinery of any kind, special
facilities for reboring cylinder blocks
and fitting with oversize piston and
rings. The Machine Shop will be in
charge Of James King, who was in
our employ Is foreman for fourteen
years, but late Of San Diego. Calfor.
mia.
The Structural Steel Department il
prepared to furnish structural steel
and lron work for bridges, buildings
and reinforcing rods tor concrete
work; Z We also manufacture smoke
stacks, b~reechipgs and fire ESCAPES.
Our Welding Department is operat,
ed by two Of the best acetylene weld.
ers obtainable. no work too dincult
for these men to handle.
The Foundry under the supervision
OF Mr.. VIM. Benson has on hand al
all; times castings Of all kinds, such
as sash-weights, sewer castinEs
crates. etc
The Grand Forks Foundry Com.
pany r the agents for the Lausor
Tractors and Goodison separators
Remember the slogan. eft it's az
good as q Goodison. it is a Goodison.'
The Foundry can fix you out with
anything that you might require ir
the line OF new or used tractors, sep.
arators and steam rigs. large and
small. Visitors arc always welcome
at the plant
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-03-14
GOOD ROADS MEN
TO PLAN WORK
Officials of State Association
to Meet Tuesday and
: Talk Shop"

Bismarck. n. D.. March 1.-THE
officers and directors Of the North
Dakota State Good Roads Association
will meet in this city on Tuesday
, morning, March IS. at which time a
idefnite program will be worked. out
for the coming years activities OF the
! OF ganization. It is expected thai all
officers and directors viii be present
at the meeting. and that much con-
structive planning will be done. The
sessions will be held in the office OF
the association in the Little Block.
That there is q statewide, desire
on the part OF the people Tor q eys.
ITEM Of highways in North Dakota Is
iapparent from the numerous lettel s
received at, the association offices
from all over the state. The people
of the state are waking, w to the
fact that under the present manner
Of building highways it will be years
before North Dakota can take its
proper place among the states of the
Union.
The North Dakota state Good
Roads Association IS busily engaged
in collecting all possible data relative
to the best methods to pursue in
providing for the state a trunk sys-
tenn OF highways that will, be built
and maintained by the state assisted
by federal aid through the Bureau Of
Public. Roads at Washington. This
data is proving the contention Of the
association that the present highway
laws are not adapted to twentieth
century road building. and that some
other method must be worked out so
that we get the nos for our money
in the matter Of road building.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-03-14
LOGGING CAMPS
CLOSE; SAWMlLLS
TO BEGIN WORK
Lumber and Logging Firm,
Closes Successful Season
in Beltrarni County

Bemldjl. Mimi, March 12.-wtth
camps. which have just completed
their winters work. the Crookston
uHoe company is now making
preparations to open its big sawnill
Al Plant NO. ! for the summer sea.
son and the mill will resume opera
ton the first part OF April.
Favored by excellent weather COZ.
dltIons the camps have had a sue
cesstul season and a good cut Of logs
has been made during the winter.
Employs 700 Men.
y In the camps Of the Crookston
Lumber company about 700 men
have beer employed, the camps being
located at Kelliher, Gemneu. Nebish
and at the head Of Lake Bemidit.
Two camps were located at Gemrell
and Nebish, one small and one large
camp at each place. At Kelliher aud
Nebish big <skidder camps were also
located.
During the entire winter season
TWO tratnloads Of logs have been
hauled to Benaidji every day. one
train each day coming over the Red
railroad from the Nebish oper-
atoms and the other coming over the
Minnesota & International. railroad
from the operations north of the
city. Weather conditions have been
such that the entire cut Of the camps
this winter has been brought direct
~ to the mill and when saving op-
erations begin there will be a good
supply OF logs on hand.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-03-14
inspection and preventive methods,
that main travelled highways can be

inspection and preventive methods.
that main travelled highways can be
kept open all ear despite sven occa-
sional abnormal conditions. What
these states can do, others can. and
it is worthy Of notice that the high
way departments of nan states are
giving more and more attention to
this question.
The first step in snow removal
should be a close Coordination be-
tween state highway departments and
weather bureaus In this manner it.
Is possible for the highway depart
naent to be informed Of any snowfalls
before their coming and the main
tenance force a be concentrated at
a strategic point, ready to cope with
any fall. Ordinarily. small gangs OF
men will be sufficient and it is rarely
indeed that the fall is so general as
to prevent the placing OF larger gangs
with more equipment where most
needed.
AS a matter OF practical admins
tration, maintenance funds should be-
given to the state highway depart
naents and these officials should have
the authority to say which highways
should % slpt open. Where states
have not progressed to this point.
then the best that can be done is for
state and county officials to meet in
conference in advance Of each season
and outline a program for practical
cooperation.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-03-14

sidered - an important educational
tactor. ] dare say that the motorist
knows mora about tho territory sur
rounding his town or city than the
man who doesn't own a a Anyway,
why shouldn't he? The motor car
takes him off the beaten paths
takes him out into the open country
and permits him to visit interesting
places that he might otherwise nev-
az see. What is more-the motorist
eess ana comes when he plsases. He
~ not dependent upon the schedules
Of train or trolley.
The automobile has brought the
city to the country. and vice versa.
From; this both have profited socially
and financially. While we have been
talking good roads, the automobile has
forced them upon US and lessened the
cost Of farm produce by reducing the
cost OF transportation. Because Of mo-
tor cars the farmers have acquired
the urban habit Of going after what
they want as soon as they want it.
No longer do they allow their wants
to accumulate, as in the old days.
The utility OF the automobile on
the farm is demonstrated in many
ways. Farmers who live Is to 80
miles distant from their market used
to consume an entire day making the
round trip-and at times. If the day
along into the night before the tired
horses and men would reach home.
Today farmers in these same sections
start for the market early in the
morning and are back on their farms
in a few hours-ready for a days
work at something else.
The farmer has been quick to realize
that the automobile increased his ef-
ficiency on the farm, offering him
means Of daily visits to his neighb9-
ing cities and forever disp cling the
isolation Of farm life by a OF its
strong appeal to the entire family as
a p~leasureable 'ertoyment-enabling
them to visit their neighhprs and rel
atives whenever so disposed. It is no
uncommon occurrence now for neigh
bors living 20 or 80 miles apart to ex-
change night and Sunday visits
whereas in the old days OF the horse
and buggy, three or four visits a year
was considered a rar treat and an
occasion TOR more than passing inter-
est. Children living on farms may
now enjoy the advantages Of the city
or consolidated schools. Some member
Of the family or one Of the help drives
them to school In the morning, return
Ing later in the day for the trip back
hone-and everybody's time is con-
served. What is more important Just
now, the automobile is accomplishing
what about everything else has failed
to dot is keeping the boys on the
farms and eliminating the desire TOR
exodus to the city.
Everybody wants, and expects, to
own an automobile some day-eitker
for business or pleasure. There is no
need for US to worry about whether
it is a necessity Qr a luxury. Regard
less Of what we say or do, or how
we argue or reason, the automobile
will answer for itself.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-03-14
MERCHANTS AT THIEF
RIVER NAME OFFICERS

Thief River Falls. MINI, March -
AT a meeting OF the new directors
Of the Merchants association ". w
Prichard. ~Jr.,. was elected president
Of the organization, Lars Larsen. FIRST
vice president: a. NJ. Laneseth. second
vice president; Carl christopherson
treasurer; G.. Howard Smith. secre.
tary.> The new boar dot directors
elected are as fol!6ws:-E. o. Mogen.
son., H. o. Loken. Carl Christopher.
son, ". A. Hall. Jr., W. w..Pachasd
IT,, a. NJ. Langseth, L. De Cremer,
Lars Larsen and 6. Tessu1n.
Frank c.-Payne. dean Of the depart.
ment Of trade and industry Of the
University of Minnesota. delivered an
address on Business Cycles immedi.
ately following the evening banquet
He diIated particularly upon the sub.
ject OF science and scientific dis.
coveries Of recent years az applied tc
every day business. a theme which
met with the enthusiastic approval OF
all assembled to hear him. >
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-03-14
HIGHWAYS NEED
CARE IN WINTER
If They are to Give the Maxi
mum of Service to
Motorists
IF. rr . ia.
By GEORGE M. GRAHAM,
Member of Highway Committee
National Automobile Chamber of

tNoe@o@20A <NALO44COi0 o4dIuu6I Ol
Commerce.
The measure Of service Of the mod
ern highway - not only its ability. to
accommodate modern traffic. but to
do SO 365 days in the year If a road
is deenned necessary in July. how
much more is it necessary in January
when other forms OF transportation
may have failed or may be able to
perform only a part Of the service
which they can render in the sum-
mer months? tAi&E ia
NO railroad company finances the
construction Of q road. then leaves 1t
to the marcy OF the elements in the
winter months, If the carriage of
commerce is its aim. Why should
the state or the county spend money
Tor Its highways and leave them un-
travelable three, four. five months in
the year?
IN highway construction. the only
over the road. If we can afford to
nnance construction for part time use
Gas it has been amply demonstrates
that we CAM It takes no dif5cult
mathematical calculation to show
that the benefits to be obtained. q
ne vastly increased through all-the-
~year-round travel, and the overhead
cost per mile per month substantial
~ reduced.
Nor is the item Of maintenance
where this work should properly be
lodged = serious one Pennsylvania.
New Jersey and other states have
demonstrated that through careful