davidaulloa/AmericanStories huggingface dataset:
Evening star., 1921-12-09

Dear FOlk1i
Jedged from little occurrence that
took place in the lobby of the Shore
ham Hotel the other Afternoon, In
which one Of our most highly esteem-
ed bank officials played the leadtn'
role, there amt particle Of doubt
that the determination bein' displayed
by our representatives to tho arma-
ment confiab. not to be outdid IN gen
erosity by any furreign delegation. Is
fast takln' hold Of the Individual
'persimmon"!
Trippin' down tho main hallway
after attendin' a cracker-jack meet
in of the Civitan Club. l ran head-on
into the aforementioned feenanseer.
who seemed turribly upset and All
outa breath! None too risky with
bank ofifclals when cam. ! naturaiiy
felt skeery about hornin'-in then. put
bein' the proud possessor of a ruther
genteel runnin' account in his insti-
tootioh, took the bull by the nat,
racks and asked what was the matter
"Oh, just suffering from little az.
tack Of guilty conscience" Ne gasped
, between puffs, as he re-buttoned his
overcoat. Il hate to acknowledge it,
but a few minutes ago three OF those
japanese delegates to the conference
on arms brought the biush OF Shame
to the cheeks Of yours truly"
How SO, Mister w" chirped !, lit
tile dreamin' banker ever knew how
to blush.
well" says he, II was in a hurry
to meet a friend and. on passing that
little miss over there selling those
health crusade seals. told her rather
rruffiy that I'd see her again. Re-
turning from my visit. / passed her
once more and felt rather sheepish
to see the far fasteners all helping
the movement kept on my way.
though. until nearing the bank. when
that l turned right around. ran back
all the way. bought a big supply Of
the stickers, and now I feel better"
Get the idea, folks? Don't put off
until after bankin' hours somethin'
that should be attended to the first
thing in the mornin'i All hands are
In doaty hound to helm this worthy
Evening star., 1921-12-09

bar, as his eagle eye frisked over the
fxtures. You've certainly got every.
thing that's needed, Mister Director;
aPretty nearly" replied Mister Will
meth, with note Of pride In has
voice.
iIIl say you havew continued the
elongated Kiwanian. "operatin: table
n'everythingl And regular drug
store, too-well, now, I'll dee-clare!
Then, after a slight pause, * don't
s'pose 'twould' be possible to have a
little prescription filled, would It,
Mister DirectorT Quick ring for ele-
vators, hurried handshakes all around
and everybody vaRoosed! thank
you, DOFEf DAN
Evening star., 1921-12-09
BALTIM0RE's WORKERS.

Less than half the population of Bal
timore, ten years of age or over. in
1920 were employed in gainful occupa-
tions, the CENSUS bureau announced
today. Out of. total population Of
733,826 in 1920. there were 245.120
males and 91,978 females employed for
compensation, the bureau announced.
Baltimore had seventy-six women
physicians and surgeons and 1,435 men
Of sthe same profession. and eleven
women lawyers, judges and justices,
while thirteen women were classed as
clergymen.
Evening star., 1921-12-09
ACQUITTED OF ARSON.

James Kendrick has been acquitted
by a jury in Criminal Division 2 of
a charge of arson. 1t was charged
that he was responsible for the burn
ing of houseboat at the foot of T
street in the Potomac river. Attorney
Matthew E. O'Brien represented the
accused.
Evening star., 1921-12-09

In company with about 100 Ki-
wanians had the pleasure the other
afternoon of bein' shown over, our in
comparable bureau of engravin, and
printin' by none other than James L.
Wilmeth. the big Minnehaha Of that
wonderful institootionl 80
The genial official had detailed
every nook and corner. Of the man.
moth note-factory, takin' the great
est pains to see that all hands sun-
.derstood the workin's of EACH sdepArt-
the buildin's splendid dispensary sand
rest rooms. which are the joy OF his
heart! 6
well, buh-lieve me. this is sure
up to date! squeaked big Jack Boo.
Evening star., 1921-12-09
Dopey Dan Tabs a Feu Beats From
the Heart Of the Nation 80.
BIZ W. H. CLAGETT.

movement. SO beat the banker TO- II
and in the meantime conserve! your
breathin' apparatasi :. u
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
Broader Ruling on Oil Paper

More liberal ruling by Federal Re-
serve Board in the matter of oil paper
which Is eligible for discount has met
with the general approval of oil men.
according to the Wall Street Journal
They look upon the step as one which
was needed and which will put the
business on n moe liquid basis. Under
the ruling. oil producers can consider
oil stores and supplies as quick assets,
while settled production can be antici
pated ninety days and placed in the
same category. Loans made on such
collateral are then eligible for discoun.
assets had to be put down as fixed
and paper on such collateral was not
eligible. Similarly, rcfincrs Of oil are
benefited by the ruling because inven-
tories nay now be classified rs quick
assets instead Of fixed as heretofore.
PAPER with oil inventories as collateral
is now eligible. Another factor in the
ruling is that in the future oil men
will not have to declare the purpose
for which they are borrowing money.
In the past IN oil company borrowing
funds wns asked the purpose for which
it would be used and if it was for drill
ing wells the reserve bank would not
discount the paper. This was based
on tn" Interpretation of the Kansas
CITY board that money spent on drill.
ing was part of capital account.
One of the major independent pro-
ducers points out that these rulings will
particularly benefit the small oil pro-
ducer. His borrowing facilities were
rather hindered, to say the least, by
the fact that his loan on stocks Of ma
t,rials and supplies and anticipated
production was not eligible for dis
count. Due to the nature of the bust
ness. producing companies have little
that could hr ClasSCd as quick assets.
under the Did regulations. In some
quarters it : believed that the present
rulings mark only the beginning of
more liberal ones which may be expected
later on 1t is pointed out that If set
tied production 1an be- anticipated for
ninety days and the loan made eligible,
il would also be possible to anticipate
settled production. IN conservative
valuation. for six months or year and
enarg" the borrowing capacity Of the
producer. THE TRADER.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
A Flimsy Bull Argument

During a discussion of the market
situation yesterday in the boardroom of
one of the prominent uptown commits
sion houses, one of the leading floor
traders on the big board, who dropped
in to pay a short call and who is gem
orally known for his bullsh proclivitics,
caused general CONSERVATION in express
ing doubts as to the permanency of the
market upturn.
There is no doubt In my mind" he
said "bnt that the big bear purity had
their fling and have lost their grip on
the market. There is also no doubt in
mind but that the downward movement
was Overdone. Neither is there the
slightest doubt concerning the improve
ment in the general situation. No sem
siblc person is looking for any sudden
outburst of prosperity, but rather looks
for healthy and gradual improvement.
Admitting all this makes for the con-
structive side of the market, yet l feel,
If major movement in the market has
no better basis than the transformation
of some big individual trader from
rampant bear to a(spread eagle shouting
bull is surely not starting out on
very solid foundation. 1t is rather q
confession of weakness and shortness
of ammunition on the part of the bull
leaders. The matter may only be CO.
incidental to the reversal of the market
trend. but still the incident has been
played up entirely too strong to my
liking"
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
GOSSIP OF
THE STREET

As every little bit Of good news
counts by reason of the painfully slow
progress of the reconstruction program,
there were crumbs of comfort to be
found in the statement published yes
tcrday covering the foreign trade sum
mary for August. This showed an in
crease In exports Of approximately
S54, ,000,000 and imports of about
S17 200, 900. The gain, it is true, was
small, but, in line with similar slight
improvement shown In different direc-
tions in the domestic situation, went to
show that the wind was blowing in the
right direction. When comparisons are
made with year ago, the results are
not so encouraging.
The month total Of exports Of S3I5,
100000 contrastcd with S57S, 1S2 SOL
with the corresponding month of 1920,
while the imports total of S104 ,000, 900
compared with $5l3, III ,49S. The col
lapse of the foreign trade is even more
strikingly revealed in the eight months
statement. when exports totaled
50, go, ,0S7, 224, against $5, ,473 1903 ,503,
and imports totaled 81 .603, ,204, ,206,
against SO 1904, 72S, 1888 in corresponding
period Of last year.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
CAR TRUST NOTES SOLD
Funds to BE Used by Government
for Railroads, Benefit

Washington, Sept. 13.-Sale at par
and accrued interest Of 1900, 900 pai
value Of railroad equipment trust GER
tificates held by the Government, with
the approval of President Harding, was
announced by Director General Of Rail-
roads Davis. The certificates were
bought by Kuhn, Loeb & Co., Of New
York. through the War Finance Cor
poration, which handled the sale for
the Railroad Administration.
The equipment trust certificates, the
corporation said, bear interest at
per cent per annum and mature seri-
ally from 1923 to 1895, inclusive. The
securities sold were in equal amounts
of 81 800, 900 of the following railroad
companies: Atchison, Topeka and Santa
Ee, Chicago, Burlington and Quincy,
Norfolk and Western, Central Railroad
Company of New Jersey and Southern
Pacific Company.
Sale of these certificates, II was ex-
planned at the Treasury, was the first
of series, as the Administration is
planning to market blocks Of as many Of
the $3.50, 100000 worth of car trust
securities held by the Government as
can be disposed Of at par. Funds real
lied from these transactions, 1t was
said, would be turned over to the Rail
road Administration for the benefit of
the railroads.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
LITTLE
BENNY S
NOTE BOOK
BY Lee Pape
BY Lee Pape

Me and Sid Hunt wunted to go err
round and get ice GREEN cone yes
tidday, ony Sids little brother Ber'
was there and we dident wunt him fol-
lowing us, so l winked Mt Sid, saying
Hay Sid, has the mar came erround
yet giving out samples Of candy?
No. but I'm going to waite heer till
he comes, all rite, sed Sid, and Bert
quick sed. Wat man, wat candy, wat?
G., dident you heer, holey smoaks,
Bert didcnt heer, sed Sid.
Holey smoaks, he must of bin asleep
at the switch, l sed. and Bert sed,
Wy, wat? Wat candy, wat man, wat!
There's man coming erround this
aftirnon giving out samples of candy.
and all you haff to do is waite for him
and you'll get one, sed.
Well how will ] know wich man il
Is? sed Bert, and Sid sed. You can
tel him by the samples Of candy, aint
you got eny sents?
And him and me started to look up
and down the street as II we dident
know wich way the man was coming,
and after a vile l sed, Well tell you
wat, IL wo all stay heer and waite for
him we mite miss him, lets you and
me waite erround the corner, and Bert
con keep on waiting heer, and then
whichever way be comes somebody will
be sure to see him.
Wich me and Sid started to wawk
down to the corner and Bert stayed
there looking up and down the street
anxious. and as soon MS me and Sid got
erround the corner we ran to the Ice
GREEN cone place laffing like enything
wall with letters saying Wear Hem
stitch Corscts for a Permanent Figure,
and then we went back agen and wat
did Bert have but a hat full Of little
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
Farmers Reducing Their Obligations

Some receding Is noted in money
rates in the West, although this IL
thought to be only temporary, rs II
must be borne in mind that due consid-
Grafton must be given to credit require
ments for agricultural sections rs well
as TO general business in maintaining
production IN keeping with public ne
cessitics. The increase in reserves at
times at the majority of Federal Re
serve banks has had beneficial effect
on the general financial situation, but
it has also caused members Of the insti-
tuition to adhere closely to conservatism
in the way of loans.
One of .he satisfactory factors in
financial circles is the attitude of farm
ing communities to market their prod
ucts for the purpose of liQudating their
obligations with interior banks whereby
such banks are able to corrcsponaingly
reduce their obligations at the larger
centers and build up their balance. Such
a move on the part of farmer is di-
reCtly in contrast to his manner of in
difference for the last year or two.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13

liquidation among the 1000 banks Of
the South liquidation among the farm
ers and the payment of long overdue
accounts: 1t means sudden increase
in their assets of perhaps billion dol
lars, but more than tbat--where there
was despair and utter discouragement
1t has turned to encouragement and
hope in the future, with which the
whole country joins.
Certainly the wicked cotton specu-
lators in Wall street who have used the
late Government report as their oppor-
tunity and who have won and lost mil
lions for themselves and their friends,
have done a great service to the South,
and / am only hoping that some SINH
lar enterprising gentlemen will turn
their attention to another staple prod
uct which has been even more acutely
depressed, that is sugar, and bring
about similar results for the countries
dependent upon the prosperity of this
staple.
"The slogan goes forth, God bless
the benevolent gamblers in Wall
Street.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
Treasury Offerings oversubscrIbed

Washington. Sept. l3.-Secretary Mellon g
certificates dated September IL has been
fully subscribed. Treasury officials said
Preliminary reports did not indicate the
sults Of the Government financing wers
considered very satisfactory by the Treasury
The condition OF the money market irica tad
ny the absorption OF the heavy issues OF
Government securities at reduced interest
rates. high officials declared. might nraan
the possibility OF further reduction in Fed.
cral Reserve rediscount rates.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
Liverpool Cotton

Liverpool Sept. 13,-There was a con,
tInuinF demand for spot cotton today. but
prices were easier on the basis OF a decline
Of G3 points for midd!!ng at II. sad The
10 900 bales, including 1900 balca Amer
lean, Futures were easy in the early deal
inEs. Spot prices were: American. mid
fully mlddllng l3 @0d. middling, l2.sld
low Widlnng - Dad; good ordinary. lO.99d
and ordinary: lO.4id.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
Godsend to the South, But

One of the financial news bureaus
yesterday published the following ex.
tract from letter from the head Of
one of the largest commission houses
to his Southern customers:
1--WE thank you for your courteous
telegram on the subject of the advance
in cotton and while it is alarming
from n manufacturing standpoint, what
blessing it is TO the entire South. 1t
means the rehabilitation of this sorely
stricken section of the country; it means
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
OFFICE OF
LAND TITLE BUILDING.
pIIII PA

SeDtomDPT T., 1921,
TIE Directors OF Indianapolis Water
wnrty Securities Company nave this day
declared regular semi annual dividend OF
three and one-half per cent $3.50 per shareI
abe October I. 1891. 70 h'oders OF said
praferred stock Of record on the books OF
me company at the close OF business Sep
semberX ~. 1921. Hooks will be closed from
8eptenj = ~, 1921, o'clock y. NJ. 10
&letej 1921 10 o'clock A. M chseks
vA c. II. WEAK. secretary.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13

and Bert sed, Like fun Win -.
the more we asked him tbe WieA'
wouldent. proving the more foro more he
priciate It.. '' tney sp.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
FINANCIAL
DEMOCRACY
PROVES SUCCESS
Commonwealth Finance Cor
poration Investors, by Their
United Efforts, Do Away
With Industrial Waste.
(ARTICLE, No. u

Establlshed In 1916. the Common
wealth Finance Corporation. 100
Broadway, New York, wus organ
lied primarily for the purpose Of CO.
operation In the Investment field. II
accepted the fundamental theory
that the dollars OF many individuals
brought into u common fund and
Invested by men trained to such re-
sponsibilities and OF established in
tegrity. would have greater earning
power than incS could POSSIBLY have
" invested By their individual
Corporation from the outset has
been to lend money on some COM
modify. making the highest legiti-
mate profit consistent with safety
Of the investment.
Whether this theory and this
policy have been wise can be deter
mined by reference TO the Corpora
tiOn's growth and dividend record.
The Commonwealth began with ten
stockholders. In five years the list
OF holders Of Its common and pre-
ierred stock has Increased until now
1t numbers mere than $4,000. On
1rnc 80, 1871. the net current ns-
sets 0f the Commonwealth finance
Corporation were S5O7 ,022. .b3. Its
net current assets July y ioSi'
This remarkable growth is the re-
suit pr mrrilS OF recommend toms OF
their Investment made by stockhold-
ers to their friends. The Common
wealth has been aptly referred to
Ms u cooperative democracy Of fl
nance.
The original common stock OF the
Commonwealth Fins nee Corporation
went ns bonus to the purchasers
Of preferred stock. Since Its organ
lZatiOn the Commonwealth has paid
consistently per cent on Its pre-
ferred stock. Now the common
stock including extra dividends Is
also on per cent basis. and
meanwhile large sum ~ annually
being added to It's surplus.
In II real sense the Commonwealth
Is a pOliticO-hnancial organization.
The 0ckhOlders-bank presidents.
Judges, physicians, school tenchers,
democracy, demonstrate ting what can
be ACCOMPLISHED when everyone
works to u common end and for tho
common gOUd. The stockholders
elect the men who arc to control the
destinies u their Corporation. They
their common affairs than are voters
to the control OF II city. This Is be-
cause they have q direct monetary
Interest In the "bOdy Polite" and
do not merely have the indirect In
Moreover. the stockholders IN the
Commonwealth possess u privilege
not possessed by the ordinary Amer
lean yOteri II dissatisfied, he can rid
himself Of his responsibility and OF
his vote by selling his stock.
or the DEVELOPMENT OF "cO-Opera-
tive democracy" this Corporation IL
a striking example In the realm OF
finance. II Is In harmony with the
essential American Idea. There can
he little doubt that such corporate
organizations In various industries
In the United states are merely
e0mUanies, which will engage In the
buSing and selling Of the ordinnry
necessities of life and by their eff
hcient methods DO away with the
great and wastefuI di6erenee In
: cess between the prsdueer and the
LEO. l.. REDDIN,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
Dividends
PHILADELPHIA FINANCE co.
WEIGHTMAN HI'InINC

quarterly dividend OF 2H on the preferred
"a" stock lN% on the preferred n"
stock and Zoe per share on the common
stock, payable in cash, and an extra
dividend Of 5-9SO on tn" cOwmou sIocaS.
payable In common stock, all dividends pay
able October |, 1921. 70 stOCkhu!ders Of
record September II, 1921.
Checks and certificates representing stock
dividend will be mailed.
CHARLES A, SCHWENk.
IT,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13

packidges Of salted peenuts, saying, II
wasent candy at all, 1t was salted pee.
nuts. he gave me one packidge and
got the rest out Of vesterbules.
G., give us some, sed me and Sid,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13
Financial Briefs

'sSs RrGf Declined # ' Sf"iy PER ss
roads declined ol3 per cent to 1928.
The. The Rand gold outpu, for the month of
august amounted to 7ii'o0o ounces.
che Interstate. Commerce Commission ap-
proved a loan Of 81 100000 to the Western
carrier TO enlarge its groin elevator faeilitiss
at fort Covington Terminal near Baltimore.
n the first seven months OF 1921 1.ehlsh
VALLEY VALLEY Railroad expondlturea. for msInte.
aaanee aann OF equipment amounted to SIG. .308.-
SO per cent over Tho ,ame psrod OF 1929 go
~ Gross Of the st. Louis and San Francisco
tSe ,srs.. she first seven months OF 1921 was
,nsr ,se eTSSept,on ,S Of 1920 COMPARED with last
hrst seven months. of the year Frisco
way in which its earnings have held up
sven under the trying conditions and high
expense ratios Of 1920.
The WHY'S Overland Company has maid
inss from banks. 1t was learned in banking
approximately So, 600. 600 out Of bank ,osns ns
Of $4,000. 900. After that cash payment
cash ay Searg nag S5 amount Of
ury' on hand or in banks.
go had sG477 7Os in cash, $500, $50 in United
states Government certificates and s3 I58, :
Sets Se9 nTsn0,SS at TSta current
bilitie:, we're s2,72a,527. Comprised Sc '" ehiefiv s
OF ordinary accounts payable. reserve for
Vas % @"s 0i sS5RSi 5@GufTy ana in
Srea rST sed ,l to s4Ssl' !S5, on June 30, 1921.
prOiltS Tor the first civ rnnntha Of ho
rent year. less dividends paid out.
The japanese Government has notified New
100 OF first series An and f3.6i3l4O OF sec
ond series ~ per cent bonds, part OF
which were sold In this country.
pasS sGoknOdfrs Of fSs shpE Com
nsTeaFe Of Pom 90 to oS S'fS I'd
authorized capital stock OF company The
S per cent cumulative preferred stock. k'''''''
Yanadium Corporation showed a net in
GaTsos 0fnorG In b. depletion on,b and
ls21, of $50, ,0l9, J.. Leonard Repiosie. pres.
1Sa stosfholds5s at the
% deat OF S' aGdtd ShyShr M
SuTTeHt iabitics of ST. ass These "fotnf totns
MuIIu cdNt Hft WOThlIB capital OF SA,lOW,
+02.
IN the six months ended June 30, the
United Drug Company earned net profits
after taxes Of Sl,l9l.50 before preferred
dividends and interest charges. After de-
duCtng interest charges for the six months
the h1lRnce just covers the semi-a div
idend Of 3is per cent on the Sl.32l 300 first
preferred stock and 3 per cent on the SlS3-
100 second preferred stock.
Although Washington adyices state that
the sG0O.OO0.0O0 OF new Government GER
tinCates and notes have been subscribed.
hooks will remain open rail Thursday. The
quota Of the Third Federal Reserve District
IL S+2. 800, 900 and subscriptions to date are
at least four times that amont. on the pre-
Ceding Issue Of certificates dated August l.
the third district on quota OF S2l $50, 900
ran up subscriptions OF s2Ol3l56 900.
The Banque FRANCO Scribe. IN London. an
nounCes new Serbian loan issue for 300
000. 900 knars at par hearing per cent in
terest. redeemable in fifty wears by drawing
or repurchaso interest. payable half yearly
The Union Traction Companys annual
meeting will be held September 81. AT II
a. NJ, at the offices, York road and Lu-
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13

The Banque Franco Scribe. in London an
nounces a new Serbian loan issue for 800
terest. redeemable in nifty wears by drawing
or repurchaso interest, payable half yearly
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13

SprcInI Notices

fsyg7 TAKE NOTICE THAT THE TRANS
is- books OF the Lake Superior Cor
poratioi will Do closed from . O'Clock In 'ho
Afternoon Of September H. 1921, ic 10
o'clock In the forenoon Of October 4, 1927
for the purpose Of hodiEg the annual ra-rl-
ing oil tho shareholders.
ALEXANDER TAYLOR.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-09-13

Although Washington advices state tha
the 5000 600. 900 OF new Government Ger
tinCates and notes have been subscribed
hooks will remain omen rSil Thursday. Tn,
quota OF the Third Federal Reserve Dlstric
IL Si2 800, 900 and subscriptions TO date arr
"ediEE issue of certifcates dated "a Hngs une prs
the third district, on Il quota OF S2l. lSO, 900
ran up subscriptions OF S20l. .3l5,5O0.