davidaulloa/AmericanStories huggingface dataset:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10


while the market at times may
~asplay a hating attitude. due 20
proht taking sales. the indications
are for higher levels, based in a
great many instances on merit. says
one market authority. who adds that
the general public can hardly be
expected 20 make purchases on a
hoeral scale until there Is further
progress in settling the railroad
wage question and otherwise. This
View Is conservative summing Up
OF the market outlook. The posi-
uon OF the federal reserve system
has strengthened. owing TO large i'm
portauons Of gold. Call money has
maintained an even keel, and sterl-
ing exchange showed surprising
hrmness In the face OF the British
miners strike. Resctionary tenden-
cies In the market. as they develop.
reflect the slowness OF recovery in
business and foreign complications.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10

the farmers point Of view. he
points out that Americas great sur
plus and low prices are no longer
sufficient protection against foreign
competition because the United
States is one OF the few countries In
the world that has money and credit
with which to buy. The American
farmer Is placed at a disadvantage
by higher freight rates and needs an
added measure OF protection on this
account. the secretary declares. The
Argentine corn grower can lay down
his corn on the Atlantic coast for
about one-third the shipping cost
TO the western grower. Assuredly.
conditions which discourage farm
production viii bear fruit later In
high prices and shortage OF food
stuffs just when the country needs
them most.
Congress will. in all probability. be
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
GRAIN

Export business and the phenOm-
enally small visible supply are re-
sponsible for such strength as the
grain market displays. Crop ad-
vices are transient factors Of over
shadowing importance. News Of
real damage 90 wheat would almost
certainly produce a substantial ad-
vance. Field work IL making excel
lent progress. due TO the early
spring, and country offerings have
been fairly light. Sudden price de-
cines discourage shipment. Pre-
parations have been made for ship
ment Of Canadian grain via the
Great Lakes 20 points IN the United
States. The period OF drastic de-
clines in the grain market Is near
ing an end, competent observers
hold, but corn and oats are not
likely 70 stage a sustained recovery,
owing to the large farm reserves.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10

asked 20 consider the so-called truth
IN fabric bill In its coming session.
This measure has powerful. organ
lied support. especially from wool
growers. II is intended 20 insure
the sale of garments containing vir-
gin wool and those containing shoddy
for exactly what they are and thus
10 promote the use OF virgin wool
A number OF state legislatures have
been called upon TO view this matter
squarely.
Several conferences between Of
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
COTTON.

The British coal strike and the
slowness Of recovery IN the textile
industry have been depressing fac
tors in the cotton market, pertly
offset by hope OF credit assistance
for exporters through the war
finance corporation. easier tenden-
cies In money, and estimates of 80
duced acreage. II prices take their
usual course. they should advance
during the next few months. Cir
cumstances this year, however. are
admittedly unusual. Price fuctua-
tons have occurred within narrow
limits during the past month. indi-
eating that cotton prices are be-
coming stabilized.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
WOOL

Mil buying Of raw wool continues
on a hand-to-mouth basis and no
pronounced Improvement is visible
in the general market Foreign
markets have been reported dull.
The manufac turers avoid covering
their needs in advance. Large i'm
portauons and the impending new
clip weigh down the market. April
will see a substantial amount Of new
clip wool seeking a market Con-
sumption Of wool during the first
two months Of the year was Sc per
cent less than a year ago. Broad
looms were nearly So per cent ac-
tive and narrow looms as percent.
active on March l, as compared
with 40 and SO per cent on Feb. 1.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
Trend of the Markets
StOCkS-Grain-LiU eStock-Cotton

Gently exceeding 57.OO0OOO pounds.
The trend Of the hog market will
depend upon the volume OF fresh
meat demand and the percentage
OF the winter crop still In growers
hands. Fat cattle slumped recently
and the whole cattle market was
sluggish with expectations OF fur
ther price recessiOns. Lambs are
subject to reaction and the market
can with difficulty absorb the re-
mainder OF the Colorado feedlot
crop.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
LIVESTOCK.

Demand for dressed meats on the
whole is dispiritingly poor. accord
Ing to packers reports. and explains
the frequent presence Of reactionary
tendencies in the livestock market.
The export markets have not re-
vived as some had hoped. Beef
trade Is slow. Provisions II is true.
have been exported IN large guam
titles, the total within two weeks re-
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10

Huge gold importations and the
easing tendency in money have been
a feature during the past few weeks.
Gold imports may serve as the basis
for renewed initiation. some fear.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
PAST BTFFALO LIVE STOCK.

EAST BUFFALO, y. Y, April g.
CATTLE-Receipts $50 head market &C
tive; shipping steers, SS.5JM1Oi butcher
grades. SSd015; heifers, S65OUSi cows,
s.. 2S67.5O; bulls, SfOd3.JOi milk cows
and springers, S4Odt20.
CALVES-Receipts $50; market low
Gull 70 choice, S4.5OG11
SHEEP AND LAMBS--Receipts. 1000
market active: choice lambs. 5000
IOT5: Gull TO fair. s. 2Jd10; yearlings,
S8d7.5O: sheep. S3GGI5.
HOGS-Reccipts, 400; market slow
Workers S1OptO.25; pigs. S1CT5u11
mixed. S975GlO; heavy S95O09.Io;
roughs, S7GS; stays. $6d625.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
Range of Prices of
Stock Exchange Saturday
CHICAGO GRAIN CLOSE

CHICAGO, April 9.-Closing prices
WHEAT-May, <1.33A; July, $S1.12$i
GLIB
corr May, GO6isc; July, 63&ci
Sept, bUesc.
OATS-May. 374G7sc; July, S0lsGHc;
Sept. 40kMHc
PQBBKE74Si May SIP; July $ $3.50
RIBS-May, S932; July, S970.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
nNnIANApnIIs IINE sTOCK.

TNUIANATULIN, ApTII W--HUNo-
Receipts, 5000; market, 25C higher; top,
$40: heavies, $50; lights, Ss.1JG1O
pigs. S10d1050; bulk. 81. SslI915.
CATsTLE-R Receipts. $50: market stea ! y
To strong: choice heaYies, SS.J0d0.2j;
lights. s. 2J@S; heifers, $Js1I75; cows,
S2.5OGG5O: bulls. sac, calves, S6d11.
SHEEP-NOthing quoted.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10

Little change has taken place in
the iron and steel market. The
scrap market IS notably dull. indi-
eating the general condition of the
market. Comparatively little scrap
II offered. but less is wanted. Cop
per business is much restricted.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
PITTsBURG LIVE sTOCK.

PITTSBUBG, Pa. April 9.-Supply
light, market steady; choice, 80 4O9l ;
prime. -. 4Od1O. good. SS.7JQ9.25; tidy
butchers. SS50m0.25; fair, S75O4S75;
common. $7.JO0S.75: common 20 good
fat bulls, S3G5. common 20 good fat
COWS. S6(f1 heifers. sra $50; fresh COWS
and spriugers, S6OaIyO; veal calves, 100
head steady st So
SHEEP AND LANTRS-Suppiy, 1000
head: market steady; prime wethers So;
good mixed. $500; fair mixed, S4019
culls aud common, S30t, lambs, 25c
lowDr 40 S02J
.SfOGS-Receipts, $500 head; market
steady; prime heavy hogs, $STJQ9; me-
dlums, $1,000 10 60; heavy Workers,
$40 J0ff1O co. light Workers, SiO5OM
10 Co: pigs. S1O.J00 1000; roughs, S1G
80: stays. S70T5O.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10

CHICAGO. APRIL -EOGS-Receipts,
1000; market steady. Loo higher; bulk.
s. 4OdSJO: top, $3.50 heavyweight, $3.50
d91O: medium weight. SSg0dJ6O; light
weight, Se40M9SG; light lights. 5000
$50: heavy packing COWS, smooth, $50
IWS.3; packing BOWS, rough. - -JGi %
briggs, S9W975.
CATTLE eceipts, 5000. none quoted.
SHEEP-Receipts, GOO; none quoted.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
cHIcAGO PRODUCE.

CHICAGO, April 9-BUTTER-Re-
CENTS. 4.OOf tubs; creamery extra. 44c
extra frsts. SIC; packing stock. 1S6i2Oc
reeeipts. 1920: ordinary frsts 23c
n rsts &c: checks. 1Oc.
CHIEFS E-Twins new, &c; Daisies, %
fe4c Young Americas, 24z02Jc; Long
horns 1GM21c.
LIVE Turkeys SOC: chick
ems. 2ad3Oc; springs. 25d27c; ROSTERS,
POTATOES-R eceipts. rs cars. Mime
sotas and Wisconsins. S110R120.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10

hcials OF the War Finance corporal q
tion or cabinet officers are planned
and extend some hope Of credits that.
viii facilitate the expectation Of
surplus agricultural products. The
farmers must not expect too much
relief from this quarter. as the credit
supply Is limited and the integrity Of
would-be European borrowers ts NOT
always above question.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10

CHICAGO CASH GRAIN.
CHICAGO. April 9.-No. . yellow. 5oL
NiSc. No 3 yellow, a,m5Ic, No. vel
~ ks1k N6fi5c. No mixed. 55T58c /.
Nc 4 mixed. 52i1 G55c; No. white.
OATS-No. 3 white. S7h616Sc
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-04-10
O1On
Your
Home

Now, If ever, is the
time to build. Homes
are scarce, there are
not enough to g o
round. Building ma
terials are much cheap
er.
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01
cent

II will thus Be noted that during
the years whom other industries were
making very large profits. when the
prices Of farm products and the wages
Of labor we're soaring to unheard-of
heights, the earnings upon railroad
investment in the United States were
held within very narrow limits and
that they have during the past four
years progressively declined.
Roads handicapped Mere Than Other
Business.
Z. The railroads are responsible to
the public for providing adequate
transportation. Their charges are linn
tied by public authority. and they are
in very large respect (notably for
labor) compelled I, spend money on
Q basis fixed by public authority. The
margin within which they are permit
ted to earn Q return upon their In
Yestment or to offer inducements to
attract new capital for extensions and
betterments 10 extremely limited.
However much the railroads might
desire, therefore, to reduce their
charges In times Of depression, It will
be perceived that the limitations sur
rounding their action do not permit
them to give effect to broad and elias
tic policies which might Very prop
erly govern other limos Of business not
thus restricted.
II has been urged upon the railroads
that . reduction In rates will stimulate
traffic and that Increased traffic viii pro-
teet tho carriers from the loss incident
to q reduction In rates. The railroa,
managemsnts cannot disguise from them
selves that this suggestion IL merely con-
jectural and that an adverse result OF
the experiment would be disastrous, not
only to the railroads. but to the public
whose supreme need In adequate trans
portation.
cannot feel justified in placing these In
strumentalitles, 10 essential to the public
welfare, at the hazard Of such an expert
ment based solely upon such conjecture.
Farmers Especially Need Lower
Rates.
II II evident, however. that existing
cases disproportionats relationship to the
prices at which commodities can be sold
in the market and that existing labor
and other costs Of transportation thus
impose. upon industry and agriculture
ssoss ..r . ,rus they
agriculture. The railroad arrangements
arc feeling sensitive to and sympathetic
with the distressing situation and desire
to do everything 70 aaalst In relieving
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01
Hdam5on Act, q approximately 81,
z50, ,000, 900 annually.

In the light Of these figures. It Is
manifest that the recent reduction OF
wages authorized by the Labor Board,
estimated at from 10 to IL per cent,
In no sense meets or solves the prob
lem of labor costs. and In NO way
makes It possible for the railroads
to afford . reduction Of their reve.
nues.
Thousands Of Rates Already Reduced.
Indeed, during tho pest year there
have been between four and five thou
sand individual reductions In freight
rates. On some railroads the reduc.
tions In rates have amounted to more
than the reductions In wages 50 far
made, and on many other railroads the
reductions In wages allowed no net
return on operations, but merely pro-
vidsd against the further accumular
ton Of Q deficit.
The point II often made that agricul
ture and other industries are also
suffering the same Immediate dinicul.
ties a. the railroads. why, therefore,
do not the railroads take their medi.
cine like anybody elsei The ans.
wer lies In several facts:
1. The railroads were not permit
ted, as wsre other industries, to
make charges during the years Of pros
perity, making possible the accumu.
lation of . surplus to tide them over
the present extreme adversely. Ac-
cordins to the reports Of the Inter
state Commerce Commission, the rate
Of return In property investment OF
the railroads Of the United States for
tho past several years has been as
follows: 1870
Rate Of returns earned by railroads
Of the United States on their prop
erty invsstnsnt:
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01

The State of South Carolina,
County Of Chesterfield.
BY M. ]. Hough, Probate Judge:
Whereas Flora Sweet made suit to
me to grant her Letters Of Admins
tration of the Estate and effects of w.
P. Sweet, deceased.
These are, therefore, to cite and ad-
monish all and singular the kindred
and creditors of the said W. P. Sweet,
deceased, that they be and appear be-
fore me, in the Court Of Probate, to be
held at Chesterfield, S. c. on 7th Dec.
next, after publication hereof, at IL
o'clock in the forenoon, to show cause,
IL any they have, why the said Admin
istration should not be granted.
Given under my hand this 22nd day
of November
Ammo Domini 1921.
HoUGH, Prob. Judge.
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01

Little Jno. D. the year old son OF
Mr.. and Mrs. A. D. Chapman is suffer
ing from an attack Of pneumonia.
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01
POSTED!

All persons are hereby by warned
that lands owned by me, near Mon
trose are posted against trespassers.
Special attention is called against cut
ting Of trees Of any sort especially the
holly trees. No hunting or fishing Is
allowed.
All permissions heretofore given
are hereby revoked.
All violators will be prosecuted to
the full extent OF the law.
i-2t p. E. TREACY.
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01
it- that Is compatible with their duty %
furnish transportation which the public

1urnlSn traH5portaloH WINCH lho puohS
must have.
At the moment railroads In many cases
are paying 40 cents An hour for unskilled
labor when similar labor II working along
side the railroad and can easily be OBJ
tained by them at 20 cents an hour. The
railroads Of the country paid in 1910 .
total OF consid erably over 81, 500. .o0ot00s to
unskilled labor alone. However desirable
II may be to pay this or that schedule Of
wages, II Is obvious that II cannot be
the Industries which USE the railroads are
capable Of meeting such charges.
The railroads, and through them the
people generally are also hampsred In their
efforts to eeonomize by scheduls Of
force as heritage from the period Of
Federal control and upheld by the rail-
road labor board. These conditions are
expensive, uneconomic and unnecessary
from the point Of view Of railroad opera
ton and extremely burdensome upon shs
public which pays the bill. The schedule
Of wages and OF working conditions pre-
vents the railroads from dealing equita-
bly, with their labor and costs IN accord.
ance with rapidly changing conditions and
the great variety Of local consiasrsttsas
ent parts Of the country. The failreads
are seeking to have these rules and
working conditions abrogated. 9,
The railroads will seek . reduction IN
the sanction Of the railroad labor board.
The railroads will proceed with all Iss-
sibls dispatch, and a. soon - the ratirsaA
labor board shall have given IL assent
to the reduction in wages the general ~
ductlon IN rates will 10 put Into sdsst
FOR SALE-5000 stalks fine Seed
Sugar Cane.
w. L. GILLESPIE.
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01
POSTED!

All lands owned by us are hereby
posted against hunting and trespass-
ing.
All violators will be prosecuted to
the full extent of the law.
G. R. SPENCER, 1.
AT G. F. SPENCER.
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01
COTTON GINNED FOR COUNTIES
Figures Given for South Carolina.

The department OF commerce
through the bureau Of the census, an
nounces the preliminary report on
cotton ginned by counties, in South
Carolina, for the crops Of 1891 and
1920. The total for the state was
made public at 10 a. m, Monday, No
vember q.
Quantities are in running bales
counting round as half bales. Llnters
are not included.)
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01
Gnral JtpntH

Miss Lucille Hurt spent Thanksgiv-
Ing at home.
- Mrs. g. W. Martin spent Thanks
giving in Columbia.
Mr.. 8. g. Godfrey and family spent
last Friday in Columbia.
zee
Mrs. r. r. Hickson has returned
from visit to Rock Hill.
Mrs. VIM. Hickson, Sr, has return
ed from a visit to Virginia.
Mrs. B. c. Barnes, of Rock Hill, is
visiting Mrs. r. r. Hickson.
ses
Mrs. o. N. Lindsay. of Bennettsville,
Is visiting her son, Joe Lindsay.
6ts
Henry Thomas, of Charleston, visit
ed Mareen Duvall the past week.
Rev. G. F. Kirby is attending the
Methodist Conference at st. George.
Miss Dot Hickson, OF Rocky River
Springs, spent Saturday with Mildred
Duvall.
Mrs. e. J. Sherwood, Of Conway,
spent last week end with Mrs. S. G.
Godfrey.
Mr.. L. Kornblut and family. of Dill
lon, spent a few hours In town Wed
nesday.
Mr.. Robt. Herndon, of Detroit, Mich.
Is visiting his sister, Miss Mary FAINT
Herndon.
Mr.. and Mrs. Alex Harrall and lit
tie son, Thos spent Thanksgiving in
Charlotte.
:. Mrs. r Mel. Breeden and son. Tnos.
Of Bennettsville, spent Tuesday night
In Cheraw.
Mr.. and Mrs. John Alfred have gone
to housekeeping in the Eskridge house
on Huger st.
Mrs. H. G. Osteen, of Sumter, is vis-
ting her parents, Mr.. and Mrs. H. p
Duvall, Sr.
Mr.. and Mrs. Morrow, Of Sumter
spent the past week with Mr.. and Mrs.
A F. Hilliard.
Mr.. s. G. Godfrey entertained sever
al friends at a four course stag dinner
Thursday night.
Mrs. Squiop, OF new 1orh' Aoi iioi
resident Of Cberaw spent several days
IN town this week.
Misses Rosa and Jennie Parsons, OF
Rockingham, were guests Of Mrs. c. X.
Watdill the past week.
go
Mr.. A. L. Evans went to Charlotte
Wednesday to undergo treatment at
q hospital for few days.
Little Jno D. the s year old son OF
Mr.. and Mrs. A. D. Chapman Is suffer-
ing from an attack Of pneumonia.
Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1921-12-01
zee

Miss Mamie Chapman, Of Darlington
and Miss Sallie Chapman, OF Angelus,
spent Thanksgiving with their mother,
Mrs. Maggie Chapman.
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1921-03-04

This writer of great railroad stories
was a railroader in the Rocky Noun
tains country until he was 81 years OF
age. Then he took hisipen in hand tt
write big romances about the life he
had Witnessed and lived. During thu
first five years he had no conspicuous
success, but. in 1898 destiny resharp
. ened the point Of his fountain pen anc
he wrote three novels within twelve
months. Each ofthe three was ten
strike Then the 25-cent and S5-cen'
magazines began TO bid for his worl
and the little old 10-cent and 15-cen'
monthlies that had kept his pot boil
Ing were deserted. During the past 2
years he has written II successful
novels Readers of this paper will
have an opportunity TO read his latest
probably his greatest story, "Th'
Wreckers," as serial. Watch for it
The Lee County journal. (Leesburg, Ga.) 1904-19??, 1921-03-04

v
The Washington herald., 1921-12-06
COTTON FUTURES
DULL and LOWER
Selling in Liquidation of Stale
Bullish Accounts Is
Resumed.

NEW YORK, Dec. 3.-There was
a dull and lower cotton market here
today for future deliveries. Prices
started S to 10 points higher than
Saturdays closing mainly with the
buoyancy the stock market dis
played in the e-rly trading. but
there was no follow-up buying ont
this rise which carried December
10 1887: January. 17.4s: March.
l7.4s: May, 17.17, and July to 1873.
On the contrary the selling in liqui-
dation of stale bun accounts by
scattering local trade commission
houses and by the South so promi-
nent feature Friday and Satur-
day was resumed. Upon its appear
ance local trade bull support was
withdrawn and the market slowly
declined during the greater part Of
the balance of the session. Liver
pool and New Orleans came is as
good sellers after the first half
hour. This combined pressure while
not heavy or extensive proved sufTi-
ctent to send prices of between 20
and IS points by o'clock from
Saturdays closing quotations. De-
Cember declined TO 17L cents: Jan
uary. 17.15: March. l7.l3: May. Is 90,
and next July deliveries to 16l.
cents. Proft-taking by shorts and
scale down buying orders then Gre
ated enough new demand to check
any further decline in the later
trading.
4 crop estimate by Well Brothers.
Of Alabama. for 1927 900 bales made
the fifth recent crop estimate in the
neiGhborhood of 100000 bales
without linters. There was another
issued during the day by the Japan
cotton trading company OF Texas
which made the crop 1895, 600
bales. Neither attracted much at
tcntion. however. as additional mar
ket factor.
The Washington herald., 1921-12-06
Speculative Interest
Centers in PetrOIeunls

NEW YORK, Dec. 5.-Nearly all
the speculative interest in the New
York curb exchange trading today
was again concentrated in the group
of important petroleum stocks which
have been demanding most attention
among financial and trade circles for
the past few months or practically
since the upward movement in crude
oil and petroleum products started.
Standard Oil of Indiana was a prom
inent feature in this group, being
heavily traded in again. but sold off
from the opening because of profit
taking sales on a fairly large scale
Imperial Oil of Canada, which has
been feature of the market for
some time past, also showed a reac-
tionary tendency and after opening
at 110 dropped to 107i1. Interna-
tional Petroleum in the same group
ranged from 17iz 10 17i.. Many
other stocks in the oil group also
showed recessions after a firm open
ing, but the changes were not i'm
portant. consisting chiefly of mod
crate amounts in Maracaibo
which sold at 23A 10 a3Is and
Cities Service which was traded in
at 2l9 to 2lS. Simms Petroleum was
exceptionally strong. moving up
from 11% TO 12@. Southern Pc
troleum and Refining was steady
at 5iz.
Industrial issues generally were
without special change in their
trading position. Some of the low
priced automobile issues were
traded in at around their depre-
ciated market level and a few Of
them showed trifiing advances.