davidaulloa/AmericanStories huggingface dataset:
Every evening, Wilmington daily commercial., 1921-12-31
WEDDINGS.
g-JenerIS,

At three o'clock this afternoon Miss
Alice Jefferis. daughter of Mr.. and
Mrs. Albert Jefferis, and J. Gilbert
Craig, We're married in st. Andrew s
Church. Rev. r.. w. Trapnell per-
formed the ceremony.
Mrs. Frank Forstberg of Village
Green, Pa, was matron Of honor. and
the brides sisters. Mrs Ernest S. Will
son and Miss Frances Jefferis, We're
her attendants. The best man was
the grOom's brother, Walter Craig. and
the ushers We're Garrett Cantwell. jay
Truss. Ralph MscIntyre and ]. Cor
don Mcmillan. Mrs. Frances de Witt
Babcock sang Still AS the Night"
After the ceremony Mr.. and Mrs.
Craig held an informal reception in
the church. They will be at home al
1912 West street after the middle of
January.
Guthrie Webster.
Miss Lillian c. Webster. daughter of
MIR. and Mrs. John G. Webster. Jr., of
Brandywineshundred. and Ledro Guth-
erie. Of Detroit, Michigan. were quiet
ly married this afternoon by Rev. L.
W. Layfeld. OF Delaware City. The
ceremony was witnessed only by the
brides immediate family. Tomorrow
Mr.. and Mrs. Gutherie Will leave for
Ann Arbor. Michigan. where they will
temporarily make their home. Both
Mr.. and Mrs Guthrie are graduates OF
the University of Michigan.
EukemeIer- UnfrIed.
\ beautiful ceremony marked the
marriage OF Miss Eva Unfrled anC
Ernest Eukemeir, which took place
a; the brides home, 26l6 Van Burer
street. al 4 o'clock Wednesday after
noon. Rev. Frederick Doerr officiating
The attendants were Lewis Carpenter
Alma Unfried, twin sister of the bride
and Russell i. Unfried. the bride.
brother. a luncheon was served by
Clarence Holt after the ceremony.
wilson -Gunther.
/ Miss Louisa Gunther and G. c. VIII
son were married in ST. Stephens par
sonage by Rev. Frederic Doerr OF
Thursday evening. Mr.. and Mrs. vii
liam Cayender were the attendants.
Bouzarth-Ferguso
AZ six o'clock this evening, a quie
wedding will take place at the parson
age of the Rev. L. +. Smiley, whe
NJ. Helen Ferguson, daughter of Nj
and Mrs. G. w. Ferguson, becomes tn
bride Of Craig OrviIle Bouzarth. son {
Mr.. and Mrs. William L. Bouzartl
Mabel r.. Ferguson. sister of the brid,
Will be bridesmaid. and Norman
Lennon will act as best man.
After the ceremony reception wi
be rendered the wedding party by til
immediate families. Following tri
south. Mr.. and Mrs. Bouzarth win re
side at l7l0 Broome street.
Every evening, Wilmington daily commercial., 1921-12-31
sasRiyr stLLs PROPERTIES.

sheriff Joseph D. Could today sold
real estate AZ foilows;
Dwelling, i2la West Eighth street.
property of Joulsa VI Fehrenbhch. 10
samuel ~ Bsynsrd, Jr. 70, s5.225.
Dwelling 1917 Church street. prop
er,y of Wiillam A. sullivan, 70 James
Mcilwsine, Tor 1886.
Every evening, Wilmington daily commercial., 1921-12-31
Fiad Work For Seventeen.

A, IN. Delaware Public Employ
m'rt Service today. positions were
i"nnd Tor ~ skilled men workers, and
seven women, while 70 men and eight
women were referred 60 likely open
ms, Three men and eight women
registered.
Every evening, Wilmington daily commercial., 1921-12-31
Philadelphia Bank Clearmgs.
BY Associated Press to Every Evening

Philadelphia. Dec. 31.--Bank clear
ings in Philadelphia, showed de-
crease of s4.64S,7s4.0O0 in 1921. COM
pared with 1920. The clearings for the
year ending today were $20,445,91s,-
900.
Every evening, Wilmington daily commercial., 1921-12-31
County Schools Reopen Tuesday.

The rural schools of New Castle
county, which closed on December %
for the holidays, will reopen next
Tuesday
Every evening, Wilmington daily commercial., 1921-12-31
Baynard and Haynes Renamed.

Judge Herbert l.. Rice. today, re-
appointed Samuel II. Baynard and
Edgar l.. Haynes, members of the
board of park commissioners, for
terms of five years each.
Every evening, Wilmington daily commercial., 1921-12-31
Entertaining Tonight

Mr.. and Mrs. B. ID. Coppage are en-
tertaining at dinner tonight for their
weekend guests, Mr.. and Mrs. Jen-
nings Hood of Lansdowne, Pa.
Every evening, Wilmington daily commercial., 1921-12-31
No Mall Delivered Monday.

The holiday schedule viii be in eff
feet on Monday at the post Office; one
collection only. in the evening; win
dows all closed, and no deliveries ex-
cept perishable parcel post packages.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-08

Since the boom period of 1919 the ten
dency of the rails has bean to work
upward, while that of tho industrials
was to work downward, until last week
positions were reversed. This weeks
charts show graphically what has taken
place.
An excellent bond market stands out
in bold relief in the general uneven
ness of the financial markets as a
whole. The bond market has been
gradually responding to the changed
credit conditions for several weeks,
and bond prices In the average have
worked upward, until most issues are
now substantially higher. The public
may not have money to spare for the
purchase of speculative securities, but
it is finding some to place in tried and
seasoned fixed interest bearing bonds
This is healthy sign. 1t is tendency
that is likely 70 continue.
Recent developments have shown
able for short-term investment The
reception the country accorded to the
last issue Of United States Treasury
certificates Of indebtedness demon
strates this fact. Here was a joint Of
fering Of $3OO,0OOOO0 of securities
running not longer than a year and
bearing a paratively low rate of
interest, for which the Treasury re-
ceived subscriptions in the aggregate
in excess of S1,000,00O,0O0.
The season of the year Is at hand
when the interior normally begins tc
draw more heavily upon the East fol-
funds with which to move it's crops to
market. The effects are already seen
in the shifting money currents and in
rates. Last week the Federal Reserve
Bank of New York disclosed a sub
stantial loss to the interior, while call
money rates in Wall Street worked VI
to 6 per cent.
A Leading banking authority refers
to the general situation thus: "The
fundamental difficulty upon which a
revival of business waits is still the in
equality of values as between the va
rious classes Of goods and services. The
normal basis of trade between people
in different industries has been dis
turbed, and it is only by the pressure
of painful experience that the old rela-
tions are restored. The producers Of
wool, hides, sugar and foodstuffs are
generally getting no more for their
labor than before the war. All of the
people who have part in the CONVEX
sion Of wool, cotton and hides for the
farmers use are. still getting 100 per
cent or better above pre-war wages, but
naturally they are not all at work, for
the evident reason that the farmer can
not buy as many clothes at present
prices as when his own compensation
was on par with the compensation OF
those people with whom he is trading
services"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-08

For the first time since 1915 the rail-
road stocks in the average sold last
week above the industrials. Before the
war the average price of rails was
normally far above the level of the
average of the industrials. During the
war the industrials took first place.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-08
Title Guar ntee
& Trust co.
CLggaT0g5 GILBERT
2 Wall Street, NY. Tel. 464S Rector


Issued IN coupon and Registered foTn
not interchanse cable. Coupon bonds .es's-
terable.
Form Rate. Maturiay. Pa. ASK
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-08
Transactions Last Week i'm Listed Stocks
Summary of Stock Exchange Dealings

Copyright
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-08
United States Treasury Notes and I


sAcccnta,'le IN payment
on the oates OF maturity.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-08

The stock market, depressed severelyS
for many months, is still plainly suf-
fering from the same influences that
have unsettled prices in the past, and
so far as industrial stocks are con-
cerned nothing has appeared on the
horizon to indicate the turn in bust
ness has arrived which is necessary to
a revival of confidence and g restora-
ton of industrial prosperity. The in
dustrial end of the stock market con-
tinues to be beset with adverse earning
statements, dividend omissions and re-
auctions, corporate readjustments and
congratulations, and all the other fac
tors which are the result of a pro-
longed period of depression from which
the country is now suffering.
Last week Wall Streets speculative
security market entered one Of the
dullest periods of the year Trading
almost came to standstll at times.
Brokers whose business it is to ex-
ecute buying and selling orders had
practically nothing to do. The only
traders who did anything at all to speak
of were the so-called professionals, the
men who are in and out of the market
a dozen times in q single normal active
session trying to catch the swings and
scalp profits. To all intents and pur-
poses the market last week was COM
pletely in the hands of these profess
SIGNALS. When some liquidatio of dis
tressed holdings of stock appeared in
certain individual issues the profess
offering stock on the short side. The
whole performance was mainly signif-
cant because the stagnation in the
market reflected the entire absence Of
buying power so far as the public is
concerned, And Wall Street has never
had a real bull market without the
public coming in and pushing the cam
paign through to the finish.
The chief trouble with the stock
market at present is not the continued
liquidation which is going on from day
to day in various industrials as dis
tressed holdings are squeezed out. 1t
is the lack of buying power. About the
only demand for industrial stocks these
| days is coming from professional bears
who are seeking to cover. The public
is not buying, first, because confidence
in speculative values has been de-
stroyed, and, second, because it has not
the abundance of funds it had few
years ago to put into securities of this
character. A somewhat different stua-
ton is presented in the railway share
market, but here also the same lack of
buying power Is an important restrain
ing influence.
For the first time since 1915 the rail-
road stocks in the average sold last
week above the industrials. Before the
war the average price of rails was
normally far above the level of the
average Of the industrials. During the
war the industrials took first place.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-08
Long Term Securities

Arrnaur conv 7s. l35O. 20. w "a s7sa 7.75
Atisrt'o REF GAs 1881. ..l0l l0lM $50
Gulf Oh U.s. lo33.......... 97ha 0Sl. 7.2b
Kenuecott con Ia. 1890. 90 93ia 500
N Y cent col tr Is. 1880. l02 1924 $50
NWfcn r lst mtg II II l02 1924 $50
penn con Tr eAs 1896. 99A 9o7s GAS
stand on (cal u, issI 19S- l 1o4 90
Vacuum on Tx. 1896. I'M u lol "a $50
u s Rubber IN. 30......l0lh lo23t 10
Wontlng Et & MFG rs ~ l0i y lo254 $40
called FOR payment october !. 1871. 1T
lO0In.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-08
The Trend in Finance
Contrast Between Dizziness in Speculative Securities
and Activity in Investments Feature of
Market of the Moment

ILLNESS apathy the for speculative securities,
with fucuating rrgularly uncertainty
increasing interest securities with
forward gratifying Here extremely
and significant the financial
The Washington times., 1921-08-22

A possible alternative would be the
sale OF these securities to such a
syndicate which might then distribute
the rail securities to the publ. In
stead OF holding them in trust az
collateral of bonds of the syndicate.
This alternative, however, Is not be-
neVeu to be feasible. The War
Finance Corporation could be a party
to such a syndicate, or. again, IT
might take over the less attractive
securities as in the first plan.
The first plan seems to commend
itself more readily to the approval Of
bankers who are most Interested in
the rail refunding. They recognize
that from the standpoint of political
expedency 1t might be unwise for
the Government to turn the whole
affair over to a syndicate Of pri-
vate banks, with the natural result
that the banks would distribute the
rail securities just as 1t would under.
take any other piece of financing
at a reasonable profit.
The Washington times., 1921-08-22

came Interested in grain and gravi-
tated to the grain pit in Chicago.
He discovered that the antics Of the
bulls and bears did not appeal to him
as a lifelong diet
After the SPECTATORS had relieved
him of all his moderate capital he be-
came a salesman for a company man.
ufacturing heavy machinery. Be-
fore long he discovered that II was
headed toward bankruptcy. Young
Stettinius told those higher up that
he would like to be given a chance to
stave off the threatened disaster.
He jumped in and transformed the
company from a failure to a success.
This attracted attention among
those acquainted with facts. and Stet-
tinius was later offered the presidency
of the Diamond Match Company. His
achievements in this capacity were
such that the alert Morgan partners
picked him for the biggest Job that
had ever confronted them.
The full story Of how Stettinius or.
ganized the production and purchas-
ing of several billion dollars worth of
war materials would form a fascinat-
ing volume.
The Washington times., 1921-08-22
John Shelton Williams.

The tilt in this city between Benja-
min Strong, governor Of the New York
Federal Reserve Bank, and John Skel-
ton williams. formerly Comptroller Of
the Currency, reveals to the public the
enmity that Mr.. Williams succeeded
in stirring up among the higher-ups
In the financial world.
I well recall that when Mr.. Williams
was first appointed. bankers declared
that be had n grudge aginst them
because II had once been found neces-
sary to Gust him from railroad com.
many. They predicted that ne would
seek by every means In his power to
wreak revenge.
williams did not disappoint them.
You may recall how ne. started in
against the National City Bank OF New
York by q spectacular attack upon
its Washington affiliation, the Riggs
National Flank, and how he very spec.
tacularly drummed out of the Treasury
building a clerk who had been given
desk room 10 facilitate the banks In
Vulnerable transactions with the de-
partment.
He continued to cross swords all
through his term, furnishing up with
a TRADE against Judge Gary, of the
United States Steel Corporation.
Just before he quit he made things
terribly lively for one large bank In
New York. but 1t automatically kept
quiet.
Some of the aggressive things done
by Mr.. Williams needed to be done in
the public interest, but he undertook
other things which really looked as II
they were instigated by hostile mo-
uves.
Copyright 1871. by H. G. Forbes.
The Washington times., 1921-08-22

Another unique feature Of the en-
tertainment planned for the visiting
bankers Is the tours Of the city and
environs by airplane.
Los Angeles Ia fast becoming recog-
nized as the airplane center OF the
country and the pilots of the numer-
Gus airdromcs will vie with each
other In showing the tremendous
strides which this Industry has taken
since the war. For those who con.
slider no outing complete unless golf
ls included, there will be matches
The Washington times., 1921-08-22
New York Cotton Market.

NEW YORK, Aug. 22.-The steadi.
ness at the opening of the cotton mar.
ket this morning was chiefly a reflec.
ton of continued dry hot weather in
the southwest. After opening to IL
points higher the market continued
firm and at the end of the first fifteen
minutes was about Ia points over the
previous close.
Opening cotton prices follow: DC.
tober, 1915; November, 1880 bid; De.
cember, 1885; January, 1850; March,
1878; May. 1885 bid; July. 1895 bid.
The Washington times., 1921-08-22

played on the superb courses Of the
various country clubs in and about
Los Angeles.
Cups have been offered by the local
committees for every conceivable
kind Of play. and the bankers cham
pionship gives promise Of being holly
contested. The ladies of the city are
joining in the preparations for the
entertainment of the families Of
those who attend the convention.
In addition to the usual teas and
luncheons, there will be garden fetes
held in gardens famous for their
wealth of beauty and rare flowers.
Famous singers and actors have con-
scented to and their services In max
ing these affairs enjoyable.
The Washington times., 1921-08-22

obviously. such a course might
raise howl from certain quarters
In this city, which interpret any
ordinary large business transaction
In New York as Wall Street rob-
berry"
Railroad men had little to say on
Meyers proposal. They believe that
the Government is convinced OF the
urgency, OF their need for cash. AS
TO the means Of raising the cash,
that Is a matter for the Government.
or the Government and the banks.
to settle.
The Washington times., 1921-08-22

at MIN.
Tell him that
this brand of
gossip is now
so old that 1t
wears whiskers,
and ask him
II he h a s Mt
s o m Q t h ! n &
more up-to-date
and more au-
thentic he can
tell you.
1t is h ! & h
tim e all this
m | 8 c h l evous
chatter ceased.
Mongers of 1t
seek to impress
{ h cir friends
The Washington times., 1921-08-22

with and air OF superior inside
knowledge. II they knew more.
they would know that their
scandalous tales were foundationless.
One of the very ablest business
giants in America is totally unknown
outside the inner circles of high
finance, big business and foreign
chancellories.
The work he did during the war
won the admiration of those in the
highest places abroad and at home.
Had he been a Briton, he unuues-
tionably would have received a very
high title for his services. Here he
has received no recognition whatso.
ever from the public, the press or
the Government.
When Lord Northcliffe was here
recently I asked him which one of
our business supermen did he regard
as the ablest of them all.
Without giving a direct reply he
Immediately began talking about the
extraordinary achievements of this
man.
As Lord Northcliffe was sent here
by the British government to direct
the carrying out of certain colossal
business problems he was In a posi-.
ton to know he real worth of this
mans work.
Il. II. Stettinius.
He is Edward r. Stettinius, whom
j. p. Morgan e Co. first borrowed"
from a match company to organize
Americas Industrial capacity SO as
to furnish Britain and France with
billions OF dollars worth of munitions,
materials and goods Of every descrip.
ton, and he proved so Invaluable
that he was rewarded by a partnership
in what is now the most influential
international banking house in the
world.
Stetunius. Western lad. first be-
The Washington times., 1921-08-22
Foreign Exchange.

NEW YORK, Aug. 12.-The foreign
exchange market opened weak today,
with demand sterling v cent lower
at s3.6Sx. Francs yielded two cen
times to 7.72 for cables ind TIL for
checks. Lire were nine points lower
TO 4.20h for cables and 4.1sis for
checks. Belgians yielded one ceptime
lower to 7.57 for cables and 1855 for
checks.
Other quotations are as follows:
Guilder cables 31.02, checks 81 90,
Sweden kronen cables II IS. checks
2l.43, marks 1.13h.
The Washington times., 1921-08-22
Chicago Grain and Provision.

CHICAGO, Aug. 22.-Wheat opened
-1Ac higher to We lower; corn un-
changed to &c higher; oats Y to Nc
higher; lard to zoe lower; pork and
ribs Inactive.
Opening: Wheat: Sept. 1.16@116;
Dec. 1.l591.l4. Corn: Sept. 6lh052;
Dec. 52kQ53. Oats: Sept. s4@33B
Dec. 38h 93s&. Lard. Sept. 1910
@1O.37: Oct. 1885; Jan. $50.
The Washington times., 1921-08-22
Movie Stars Plan
Big A. B. A. Welcome

LOS ANGELES, Cal, Aug. 22.-Among the numerous at
fractions which will be offered the visitors who the
annual convention Of the American Bankers Association to be
held Los Angeles, October to T. inclusive will be the
opportunity for close inspection of the motion picture
This inspection will personally conducted by of the
famous picture directors of the country and will
embrace the actual filming of in plays to be
released
Both day and night inspection will be made and the
evening of October g. Carl Laemme will illuminate Universal
City and stage which heraded SURPRISING
thing vet attempted in the motion picture art.
After the inspection reception will be given by the
beers of the motion picture colony to the visiting bankers and
their families where all will have opportunity of meeting
the famous stars and hearing directly from them about their
work.
The Washington times., 1921-08-22
Liverpool Cotton Market.

LIVERPOOL, Aug. 22.-Spot cotton
was quiet at the opening today. Prices
were steady: sales were 5000 bales.
Ann. mids, fair. HOO; good mids.
$50; FULLY mids, $50; mids, $50; low
mids. 7.70; good ord. $40. ord, SOS.
Futures opened quiet
The Washington times., 1921-08-22
2unr B BUSINESS AND FINAN &C vnAaTHpass4
local Stock Market
SALES.

SALES.
Washington Railway Isl .0oo 90
81 ", 1,o00@sln. 1.o0o@61H, l,ooop
6111. 1,000q61h.
Capital Traction-25@S5&.
American Security and rrsst Com
rany-5@215.
Old Dutch Market pfd.-1oo01.
After Call-Washington Gas bs'
s500Q76h
Money-Call loan funds offered nj
7 per cent with per cent bid.
The Washington times., 1921-08-22
G. E|
Il AND
BUSINESS
ny d. G. FORBES.

You probably have heard from, oh!
such important sources, that this
that and the next sensational deVel-
opment is about to happen in high
financial circles.
The next time anyone whispers
this kind of stuff in your ear, laugh
The Washington times., 1921-08-22


bonds have eye for securities which
selling at bargain Many of the obligations which the Gov
eminent holds could be sold to the banks for the latter
retain
AS accompaniment Of such plan, the War Finance Cor
poraon would probably play its the absorber of those
securities which not sufficiently attractive find ready
market among the banks.
Against these securities might furnish the roads with
amount of account of back Federal compensation
which would be safely covered with satisfactory margin
the securities held.
The second plan would be the formation private
poraon syndicate which would take all
ties held by the Government and against
collateral b,nd
The Washington times., 1921-08-22
Liberty Bonds.

NEW YORK, Aug. 22.-Noon Lib
erty bond quotations: avs, 1885; LIST
AVS, $3.50; End AVS, sS76S; 3rd
ANS, s91.S2; 4th AVS, ss7.S6; Vic
The Washington times., 1921-08-22

upon the statement of Eugene
Meyer, director of the War
Finance Corporation, that the
banks would be called upon to
give aid.
First, the Government holds
many attractive railroad Sc
curities and will hold many
more when the railroads OBJ
legations on account of gov
ernmental improvements to
property have been funded.
The banks of the country
may be asked to invest in
these securities. Many banks
would undoubtedly find a large
proportion of the securities to
be attractive investments, and
furthermore, they are now in
a position to make long-term
investments.
Most banks whose practice
it is to carry large amounts of
The Washington times., 1921-08-22
Trippe q Co. Fail.

NEW YORK. Aug. 22.-Faiiure Of
Trippe 4 Co., stock brokers, was an
nounced today from the rostrum Of
the Stock Exchange.
The Washington times., 1921-08-22
ADVANCING
WASHINGTONS INTERESTS
Two Niews of Meyers
Plan Taken BY Bankers

There two logical ways in which the banks of the
country assist the Government in it's rail rendng prob
em according to the Interpretation placed by leading bankers
The Washington times., 1921-08-22
Oil Stocks.

Furnished BY ~. b. Hibbs q Cal
pr-icoa N nnnn.
The Washington times., 1921-08-22

Stock sales up to
lam. IL noon lp.m. Bpm.
l41, 400 100000 2s6,3 325,200
Bond sales UP to
i !, All 900 a,sos, 900 AS. 900 $3.50. 900