davidaulloa/AmericanStories huggingface dataset:
, 1921-05-20
LIST IS
OFF At OPENING
Junior Oil Issues Sag Along With
Majority Of Speculative
Issues

NEW YORK. May 19.-Lack OF pub
lie interest and continuance Of firm
money tendencies prompted further
boarish aggression in todoy's apathe-
tic stock market. Sales approximated
$50. 900 sharea- The closing was ir-
regular.
NEW YORK. May 1s.-Deelines
ranging from 1 70 8 points in several
of the prominent speculative issues
marked the carly dealings OF the
stock exchange today. Pressure was
most apparent In Crucible Steel,
Peoples Gas and sumatra Tobacco,
Some OF the motor ssues and Junior
oils also eased and rails manifested
nome OF the previous days strength
most leaders reacting fractscrell,;,
New York Airbrake recorded the only
noteworthy gain. rising 3 points de
spite yesterdays cut in the dividend,
Preliminary exchange rates on Lon
don indicated firmness. demand bills
repeating their recent maximum quo
tations at $500.
Professional pressure made further
Roadway during the morning on an
unusually small amount Of business.
The independent -steeis. motors. equip
ments. sugars and utilities shared
In the general decline OF 1 to . points
Numerous specialties whose dividend
prospects have become increasingly
doubtful In the last few days were
heavy or weak. Famous Players.
seara Roebuck. Remington Typewrit-
er and National Enamelling lost 1 to
4 points. Divfdend-payfng rails of the
type featured by Northern Pacific.
Canadian Pacific. Great Northern and
New York Central forfeited all their
gains OF the previous day. Chemical
shares were tho only specialties to
show a strong tone rising 1 to 2 points.
Can money opened at Z per cent
Money and Exchange
NEW YORK. May 1e-Prime mer
camille paper. SIX OF per cent
Exchange-Irregular sterling. de
'mand. $500; cables. s4.ook.
, 1921-05-20
FRENCH RACERS ENTER

NEW YORK. May is-Arbert Guyo'
and Louis I~nghibert. racing automo'
b1e drivers. have arrived frcm France
and will enter the Memorial day races
al the indianapolis motor speedway
Both were in b event last year. Iney
are friends of Georges Carpenter. the
European heavyweight boxing cnam'
pion. and were his fellow passengers
on the steamship La Savoie which ar
rived yesterday.
, 1921-05-20
Harding accepts.
Baseball Ticket

WASHINGTON, May 1s.-President
Harding In accepting q season pass
to the Pacific northwest baseball ieagne
told the committs presenting IL
that he stH1 hoped to visit the north.
west this fall II congress concluded
It's special session In time Represen-
tative Johnson. OF Washington. who
headed the COMMITTEES, said the presi-
dent indicated he would liks to make
the trip in August
, 1921-05-20
GIendo Operations Prorresing.

The Detroit-wyoming Oil company
Is conducting a development test OF
structures IN the vicinity Of Glendo.
and operations are progressing under
the supervision OF s. h. Ridenour.
and E p Hughes
The Ohio on company Is said TO
be moving equipment to the field
having purchased rig material from
tho McCaiium Lumber company OF
wheatiand for removal to M fold. Ar.
rangements are being made TO start
the Ohio test In about two weeks.
, 1921-05-20

Francs-Demand. s.75: cables. SIT.
Belgian francs - Demand. s-7s;
cables. s.75.
Guilders-Demand. 35.e4; cables.
1904
Lire-Demand. SIS; cables. 5.B7.
Marks-Demand, 1.e5; cables. 1856.
Greece-Demand. $40.
Sweden-Demand. ears.
Norway-Demand. 1890.
Argentinc-Demand. 3i.37.
Brazilian-Domand, 1915.
Montreal-l0A per cent discount
Time ioana. staedy; so days. 90 days.
six months. 81 per cent.
Call money. firm: high. Z; low. I;
ruling rate. Z; closing bid. 6; offered at
Z; last loan. T.
Metals.
NEW YORK. May Ia Copper =
Steady: electroiytic. spot and near by,
13@13Kc; futures. 13A 9isMc.
Tin-Easier; spot and near by, $50;
futures. f33.
Iron-Nominaily unchanged.
Lead-Steady: spot. IS.
zinc-Quiet; East st. Louis delivery,
spot. s~4.S5d4.90.
Anthony. s5.25.
, 1921-05-20

Spring operations have been re-
sumed IN tho Groybull district nc
cording TO reports reaching here The
Ashisnd-wyoming oil company in pre-
pairing to widen Development to test
its entire holdings. The Lewis oil
company, which has taken over tho
holdings Of the American on company
moved another standard rig TO the
celd last week preparatory to drilling
several now wella An old wells OF
tho company are being cleaned out
and brought to fun production.
The LOWS and Clark on company
expects to complete its first wen in tn,
TcrchHght field some time this week
This will be one of the first deer
sand compilations in the district
, 1921-05-20

The Matador Petroleum company
has not yet resumed drilling On It's
property in the Quaiey dome near
Laramie but authentic reports indi'
cate that the test viii be resumed
again this week.
, 1921-05-20

The Giants and Robins have winged
a merry war In New York this spring.
The Giants played rings around the
Robins on the polo grounds. but when
it comes to playing on Ebbets field
the Giants are also rams.
, 1921-05-20
MARKET Gossip AND FIELD NEWsI
PENNSYLVANIA CRUDE CIR iGAIN'

PITTSBURGH, May 19--The price of Pennsylvania crude
oil was reduced from $3.50 to S3.25 a barrel, it was an
nounced today by the principal oil ~purchasing agencies here.
, 1921-05-20

3 DENVER. May 1e.-Ar the 2srd nm.
nuai meeting OF the stockholders of
the Colorado q Southern company
here today two new directors were
elected. Charles Donneily OF St Paul
and Charles I. sturgis OF Chicago,
Eleven directors were re eiected. The
board VIII meet In New York nexi
week to elect officers. The directors
who retain their places on the board
are: Ralph Budd. St Paul; c. C. Burn
ham, vicc president OF the company,
Chicago; Howard Elliott. ]. n. Hill
and z. T. Melodies. New York: Hale
Holdp. president OF the company
Chicago; A d. Parker. Philadelphia;
Charles E. Perkins. Chicago; Robert
Rice. vice president and general mai
axcr of the company, Denver; O. M
spencer. general counsel. Chicago;
and ]. a Bradbury OF Denver.
, 1921-05-20
livestock Mart

CHICAGO. May 1s.IU. s. Bureau
of Observation-Disclosures. 5000;
beef steers steady 10 strong. 1915; top
maturcd steers. ss.25: bulk. ss.oo@s.75i
other mostly steady: bulk fat cows and
heifers, Ss.o097.5o; bulls. largely ss.2s
0s-15. veal calves mostly ss-5o9s-25-
Hoes-Recsipts. $4,000; lights about
steady; others strong TO 1oc higher
than yesterdays average; top. ss-sbi
bulk, sS.25@S.70; pigs. steady to
strong; bulk desirable. ss-so@s.75.
Sheep-Receipts. $4,000; very slow
lambs steady to Csc lower; sheep. rs
@5oc lower; shorn lambs top early
S11-75: no sales wooded lambs; native
springs. s13.oo@13.75: few ewes. 5000
96.5o-
, 1921-05-20
Denver Livestock.

Denver livestock.
DENVER. May 19.-Catle - Re
ceipts. 700: market strong to 1bc high
err. beef steers. s7@s; cows and heif-
ers, s5.50Q7; calves, s1o@12: stockers
and feeders. s697; y~earlings, s725@
8; bulls. s4@5.
Hogs-Receipts. 1900; market loc
higher. top. $3.50; bulk, s7-759s-so.
Sheep-Receipts. 3o5; market steady;
closine lower. Lambs. s10-5o@11-75;
ewes. s5.5o@6.75; spring lambs. si1.bo
6ls.e5.
, 1921-05-20
BRrrToN TO BOX TRAVIS.

SEATTLE. Wash. May 1e.-Jacs
Britton. world welterweight champion,
will meet Travis Davis of Everett.
WASH. claimant to tho Pacific coast
title. In q four-round match May rs.
II was announced today.
, 1921-05-20
WHEAT PRICES
FAIL TO BREAK
Bear Pressure Based on Passage
/. Of Anti-Pit Bill Discounted
in Market

CHICAGO. May 1e.-Action Of the
wheat market today failed to justify
rumors that a big break in prices
would result from tho passage of an
anti-pit bin by tho upper house Of
tho Illinois legislature. Insteed Of
nocking TO the boar side a majority
Of traders took the view tha Eny
unusual setback in values would fur
nish a good opportunity { o buy. and
that the anti-pit measure was stlII
a long "a from enactment Fresh
crop damage reports from the south.
west tended also to steady tho market
which although ranging somewhat
lower kept well within ordinary limits.
Opening quotations which varied from
nc TO sEc lower with May fi.fs and
July si.16 TO sI.17 were followed by
rallies that In some casos brought the
market back to the same as yester-
days finish
Subsequently, the market scored a
material advance but reports OF rain
In Kansas brought about free selling
and temporary declines. The close
nevertheless. wss strong. Ike 10 zMr
net higher. with May s1.52 to sl-5a
and July s1.19& to $50.
Corn swayed with wheat After
opening sc 10 iKc lower, including
July at 6oxc to 61Hc, the market
soon recovered most OF the loss, and
for the May delivery reached yester.
days final figures.
Later the market reacted as q re
suit OF favorable weather ana of 70
ports that planting showed rapid
progress. The close was unsettled
Nc to 191Hc net lower with july
60%c to CONC
Oats tool the same course as other
cereals. starting &c to &c down,
July ssHc to Ssxc and later turning
upgrade.
Provisions were steadied by firm
ness in the big market.
Closing Quotations.
CHICAGO. May 1e.-Close:
Wheat-May s1-52. July s1.1sx.
C~orn--July soxc. September s5Hc
oats-Juiy 3s%c. September 5shc
Pork-Msy $3.50, July 1870.
L~ard--July $40. September $40.
Ribs-Juiy $40, September s1o.27-
Potatoes.
CHICAGO. May 1g-Potatoes-Re
ceipts. 81 cars; old. firm; northern
white sacked and bulk. sI61.10 cwt.
new. weak; Louisiana white. se.35d
ESQ; Texas Triumphs. ss.5o33.55 cwt.
South Carolina cobbiers. ss@s.s!
barrel.
Provisions.
CHICAGO. May 19.-Butter-Lcw
err; creamery extras, 2sc; frsts. 2s@
sec; seconds. 1s@21c; standards. 27nc
Eggs-Lower: receipts. 13.oo7 cases
frsts. 1sh@2oc; ordinary frsts. 17n
@1Sc; at mark, ~ included. 1Sh
q19c. standards. Zoe
Mantle, a-- --- 49,
, 1921-05-20
Provisions.

CHICAGO. May 1e.-Butter-Lcw-
err; creamery extras, use; firsts. 2s@
26c; seconds. 1S@21c; standards. 27Mc.
Eggs-Lower: receipts. 13.o07 cases;
firsts. 19h02oc: ordinary. firsts. 17M
@1sc: at mark, included. 1874
41sc; standards. Zoe
Poultry-Alive. lower; fowls. 2shc:
broilers. 35c.
, 1921-05-20
Silver.

NEW YORK. May i9.-Bar silver,
domestic. soHc: foreign. 5s%c-
Mexican dollars, 45c.
, 1921-05-20

Money and Exchange
NEW YORK. May 1e-Prime mer
camille paper. SIX OF per cant
Exehange-Irregular; sterling. de
'mand. $500: cables. s4.0o%.
, 1921-05-20

CHICAGO. May 1g-Potatoes-Re.
ceipts. 81 cars; old. firm; northern
white sacked and bulk. s161.10 cwt-;
new. weak; Louisiana white. s2.35@
ESQ; Texas Triumphs. ss.5o93.55 cwt.;
South Carolina cobbiers. ss@s.35
barrel.
, 1921-05-20

CHICAGO, May 1e.-Close:
wheat-May s1.52. July sl.Isz.
Corn--July soxc. September ss4c.
oats@Juiy 3s%c. September ssnc
Pork-Msy $3.50, July 1870.
L~ard--Juiy $40. September $40.
Ribs-July $40, September s1o.27-
New-York tribune., 1921-12-26

cially Of the operating employees.
The roads must be kept running in
order to safeguard the public's in
terests. It is ready to make recipro-
cal concessions, which set railroad
employment apart from other en-
ployments. But if railroad employ
ment is set apart from other en-
ployments, and if the shop organiza-
tions are to be allowed to claim a
monopoly Of railroad work, then
compensating distinctions between
railroad workers and other workers
ought to be established. One of these
concerns the right to hold up the ma
tion's business by strikes. If, for in-
stance, railroad labor should relin-
quish or modify the right to strike,
it would be reasonable enough to al
low it something more than the mar
ket rate of pay and to cnjoin the
distribution Of repair and other work
between road shops and other shops.
New-York tribune., 1921-12-26

in designing and construction and
the ability to utilize materials in
everyday use; great rapidity in as
sembling and assembling the air
ship and the possibility of making
repairs outside the hangars; lower
cost of construction and greater
facilities for complete inspection.
The disadvantages lie in the cost
of renewing the gasbag proper and
the lesser efficiency in head resis-
tancc. Both these, however, the
Italian designers claim, will be elimi-
mated by successive improvements
which will come with experience
gained in practice.
1t is the purpose Of the Army Air
Service to make several extended
test flights with the Roma, includ-
ing one across the continent, as soon
as the necessary arrangements have
been made There is no doubt that
valuable experience will be gained
from these fights, but it is to be
hoped that American designers will
be encouraged in the near future to
design and develop a purely Amcri-
can type.
New-York tribune., 1921-12-26
The Southampton Whale
To the Editor of Tho Tribune.

10 Cne EQlCof OF 4no tribune.
Sir: I note some more whaling news
in your paper, this time from South
ampton, l.. I. This time it is bow
head or right whale, imprisoned in q
more or less land-locked body of water,
giving out quantities Of ambergris.
This ought to arouse some interest,
almost as much as the good old reliable
sea serpent stories, and is just about
as accurate as they were. The veteran
whaling skipper who hands ont the
news about the ambergris and whales
having ambergris biliousness ought to
wind up his statements with the phrase
"highly interesting if true" In the
first place, there is very slender
chance Of the whale being fright"
whale, as they seldom are seen as far
south as the latitude of Long Island,
and, in the second place, ambergris is
substance formed from diseased
condition of the sperm whale, and no
other. Sperm whales are found In
warm waters, rarely, If ever, venturing
north, especially in winter. Probably
tho next remarkable discovery will be
turtle with nice warm coat OF
feathers. G. r. PATTERSON.
New York, Dec. 23, 1921.
New-York tribune., 1921-12-26
The Kitchener Myth

(Fron, The London Daily Hoi)
The tale that Lord Kitchener mot his
death through treason has been revived
by a melodramatic film. 1t is one of
those absurd myths which ought to be
inferred once and for all. That the
Germans knew of Lord Kitchener's in
tended journey to Russia from Russian
sources is probable, as everything
leaked out at Petrograd and the place
was full Of German spies. That they
were able in consequence to sink the
Hampshire and kill Lord Kitchener is
sheer nonsense.
The Hampshire sailed from Scapa
in the afternoon of June s, 1916. 1t
had been intended that she should go
out by the channel generally used and
pass up the eastern coast Of the Ork-
neys. On the eve of Kitchener's de-
parture strong gale was blowing from
the east, apd at the very last minute
it was decided that the Hampshire
should take another rarely used chan
mel to the west and pass up the west
coast Of the Orkneys, 80 as to obtain
some shelter from the storm. No one
could know of that change Of plan in
London, Petrograd or Berlin.
BY mere accident some days previ-
eusly German Submarine had dumped
New-York tribune., 1921-12-26

officers who took them into custody
did not know the mems political af-
ftliations--they were arrested be-
cause they were discovered coming
away from an automobile which was
under police watch.
The whole tenor of the proceed
ings negatives the claim that they
were indicted or tried as revolution
aries. 1t is conceivable that they
may not be of the gang of motor
bandits who murdered faithful
watchmen, for the Identification was
hasty and their alibis were strong.
but it is an outrageous misreprc-
scntation to represent them as the
victims of political prejudice.
New-York tribune., 1921-12-26
The Tests of the Roma

The trials which the United States
Army Air Service has just begun
with the giant semi-rigid airship
Roma are Of the utmost Importance.
They emphasize the growing strug-
gle for supremacy which is being
waged between the rigid and semi
rigid types of lighter-than-air craft.
The coming flights Of the Roma
will be watched closely by the entire
aeronautical world, because she is
the largest and latest of her type.
She is the product Of the leading
Italian engineers, who have attained
worldwide supremacy with the semi
rigid type of construction. Her first
flight from Langley Field to Wash
ington was made under the most ad-
verse circumstances, but from the
meagre reports so far received she
seems to have been successful.
At the present time there are two
schools Of airship thought and prac-
tice-the German, as typitied by the
rigid airship, and the Italian, as de-
veloped into the semi-rigid. In the
former vital changes must be made
in construction to secure safety and
maneuverability which are now lack
ing. This fact was clearly en-
phasized with tragic results in the
disaster to the ZR-2. In that case
it was conclusively proved that, with
present construction, large airships
of the Zeppelin type cannot make
turn in the air at full speed with
out rishing the danger of breaking
in two.
From military point of view
this inability is fatal, because it
means maneuverability is lacking.
Moreover, it means that when the
airship slows down to make a turn
in safety she becomes target that
can scarcely be missed by enemy
gunners.
Umberto Mobile, one of the de-
signers of the Roma, claims that
the semi-rigid has none of these dis
abilities. The mammoth girder
which runs underneath the full
length of the ship is articulated. In
other words, it's joints are flexible
and give to the strains imposed upon
it during turn at full speed. This
it is asserted, will preclude any pos
sibility of disaster through buckling
The designer claims the semi-rigid
has seven advantages over the Yep.
pelin type and only two disadvan.
tages. The former include rapidity
New-York tribune., 1921-12-26
The Farm Bloc Program

The agricultural bloc in Congress
has been attacked as an obstruction
to the free play Of party govern
ment 1t is bipartisan in character
and is strohg enough to challenge
the Republican leaders on issues on
which those leaders part company
with it. But this is no new phcnom-
enon in politics. For many years
there WAS bipartisan pro-silvcr
bloc in Congress, and bipartisan
gold standard bloc. They didn't de-
stroy party government. The party
system finally wore them down and
disrupted them.
The agricultural bloc should be
Judged by the reasonableness of it's
program, not by the mere fact that
it works athwart party lines. 1t
seeks to promote the interests of a
group. But this is certainly the
largest and most important rroduc-
ing group in the nation. To what
extent are this major groups de-
mands consistent with the national
interest?
In the main the agricultural bloc
seems to ask merely that agricul-
ture have an equal economic chance
with other industries. The farming
industry has never been integrated
or organized and financed along
modern lines. The bloc aims at CO.
operative selling of farm products,
in just the same measure as CO.
operative selling of manufactured
goods is now permitted. It wants
to stabilize farm products prices and
markets, and there are great
economic advantages in such a
stabilization.
The bloc asks an equal chance for
the farmer in the credit market
from which he is largely excluded
at present. To give agricultural
products a larger liquid value ele-
vators and warehouses are needed,
at which government inspection will
insure honest grading and certifi-
Gates can be issued, readily discount
able and absorbable into general
| flow Of credits. The farmers do not
ask the government to finance them.
They want only to get fair start
toward financing themselves.
In so far as the agricultural group
in Congress is working for these
ends it is also working for COM
munity ends. Agriculture-the
basic form of production-mani-
festly needs to be strengthened on
the credit and marketing side. 1t
has trailed behind the more in
tensively capitalized industries. 1t
is both fair and advantageous that
it should be assisted to larger
measure of economic cohesion and
independence.
New-York tribune., 1921-12-26
Canal Barge Leviathans

To the Editor of The Tribune.
Sir: "H. I. NJ" writing on "The St..
Lawrence Project" wants to know if
canal boats cannot be built large
enough to carry cargo proftably from
New York to Duluth.
Last summer a company Of Duluth
and New York boatmen put in opera
ton a fleet of five barges carrying
freight from Duluth to this port, via
the lakes and the barge canal.
These boats are 242h feet in length,
sc feet in width and draw 10 feet of
water. They are the largest boats
ever used on the canal for commercial
purposes and carry crew Of fifteen
men. One barge brought down $4,000
bushels Of oats and another $4,000
bushels of wheat, and their freight
capacity is 1,700 tons.
LOUISE ROBERTS KISSAM.
Port Washington, N. Y, Dec. 90, 1921.
New-York tribune., 1921-12-26
Patent Office Relief
Salary Increase Essential; Inventors
to Pay Their Way
To the Editor OF The Tribune.

To the Editor Of The Tribune.
Sir: As your editorial on "The
Starving Patent Office" made clear,
and as Seward Davis says in his lot
ter to The Tribune, "rclief is impera-
tive" The matter has arrived at that
point where no informed person doubts
the immediate and insistent necessity
Of extending help to the Commissioner
of Patents in his endeavor to meet the
difficulties confronting him.
No doubt great deal might be said
at the proper time for reducing the
cost Of patents to inventors. Perhaps
it might even be said that the industry
of inventors is the parent industry Of
America and ought to be subsidized as
the "infant" industries havo been sub
Sidized.
However, American inventors have
heretofore been content to pay their
own way, and the Patent Office has al
ways been operated at profit to the
government, 30 that there is now a
credit of some sS,OOO,O0o to it's favor
on the Treasury's books. At the moment
the need for governmental economy is
apparent to every one and the Ad-
ministration is making laudable efforts
to perfect the new budget system. 1t
is for this reason, as I understand It,
that the authors Of House Bill 7077
have proposed to increase slightly the
fees, so that the proposed increase of
salaries and of the Patent Office ex-
amining force will not require any ex-
penditures OF the normal revenues.
not even drawing upon the Patent
Office balance of $S,000,00o.
In this way all reasonable objection
to the bill is removed, and the reform
which, as your editorial so ably pointed
out, is Of real and immediate impor-
tance to tho country, is brought to q
position where It is opposed only by
inertia. WILLIAM Fl. DAVIS.
New York, Dec. 20, 1921.
New-York tribune., 1921-12-26
Colombia Ratifes

Colombias ratification Of the
Panama Canal settlement treaty
ends a diplomatic controversy Of
twenty years standing. The United
States pays S25, 100000 as a
solati,um for indirect damages suf-
fered by Colombia through the loss
of control over the territory through
which the Isthmian Canal was dug
and in satisfaction Of other claims
of sovereignty and treaty right sus-
pended when Panama achieved indie
pendence.
The present treaty was sent to
the United States Senate in 1914.
1t contained expressions which
would have amounted to an ac-
acknowledgement of wrong on this
country's part in recognizing the
Panaman Republic. 1t failed of
ratification because Of these gratui-
tous expressions. The United States
was not obligated to admit any
wrongdoing, since there had been
none. Colombia lost Panama be-
cause the Congress at Bogota as
sumed an obstructive attitude to-
ward the Isthmian Canal project. 1t
sought to exact a larger payment
than had been covenanted for in the
Hay-Herran canal treaty, ignoring
the danger of Panama's breaking
away in order to secure the compile
ton of an interoceanic canal over
the old De Lesseps route.
Colombia would have made far
better bargain if she had ratified
the HayHerran treaty. She gam
bled and lost. The error was on her
side. After twenty years she OBJ
tains some compensation through a
free-will offering from the United
States. Cordial relations between
the two countries are now restored
and memories Of friction are ex-
plunged. The canal has long since
been finished and opened. Who at
Bogota regrets that fact, or can still
seek to justify the policy which put
Colombia two decades ago in the
unwise position of seeking to block
the projected linking Of the two
oceans?