davidaulloa/AmericanStories huggingface dataset:
Evening star., 1921-03-10
Readiustment by Railways
AWakens New York Traders
BY JAMES ALLERTON,

BY JAMES ALLEHTON.
Special Dispatch to The Star.
NEW YORK, March 10.-The notice
just given by the Pennsylvania rail-
road Of sweeping wage reductions,
and that by the New York Central
lines, east Of Buffalo, of a cut in the
wages of laborers April l, has served
to make New York city, as a whole,
realize the wage Establishments that
are going on throughout the country:
OF the 10000 or more men affected
by the New York Central reduction,
which ranges from 10 to 80 per cent,
substantial proportion live in the
metropolitan district. Coming so
closely on the heels of the 10 per cent
men employed in the shipyards of
Brooklyn, Staten Island and Newark
the city understands at last that re-
adjustment is something that must
eventually strike everywhere.
Oddly enough. the metropolis has
been persistently Indifferent to the
cuts that for months past have been
figuring in the news. If they affected
the textile industry. that was some
thing for Fall River to worry about:
il they affected the electrical indus
try, that was something of concern
to Schenectady and Lynn, but not
New York. There was no measure
of the change to be found in the mer-
chants receipts, so he passed the
matter by. The cuts did not show in
the manner of living of the man up
stairs, so the workingman forgot
about it as he, read.
Changes in Other Lines.
AS a matter OF fact, the new scales
for the railroads and the shipyardS
men are neither the first nor the
most important of the wage changes
that have come in the metropolitan
district. Recently all the laborers
employed on the one big transit con-
tract now under way here were in
formed on Saturday night that their
employment was at an end. They
were told that they might come back
Monday morning it they wanted to,
but at the rate of 50 cents an hour
instead OF 80. 1t is significant that
every one of the 1900 men returned
| for work Monday morning. but IL is
! more than significant that 5000 other
men were ready and willing to take
| the jobs had they been vacated.
Another illustration of the chang
| ing times is found in the case Of
| house wreckers. Three months ago
| they were paid 81 an hour and were
| scarce. Now they are eager to work
| for co and even so cents an hour. In
| that the average for all workers in
| tho city has been measurabIy, IL not
| substantially, reduced. The surveys
of the state Industrial commission
b! show that the average wage for the
entire state is lower than it has been
| in the past three years.
4
| NEW YORK. March 10.-rhere will
1 be no summer reduction in anth racite
\ prices" declared n representative of
! the Lehigh Coal and Navigation Com
Evening star., 1921-03-10

getting markets back on their feet
Retail merchants, as a rule, have
been holding off for reduced prices
until their stocks have reached a
serious degree of depletion. Now.
with the Easter trade setting in they
hnd themselves short in many lines.
The result is a widespread demand
upon wholesale houses and carriers
to rush orders to their destination
regardless of the expense involved
This demand is a very healthy sign
in the business situation.
x 4: X x
NEW YORK, March 1o-H Cor
don Selfridge of London, is authority
for the statement that France has
begun to buy German goods freely
much more so than England. This
is but a reversion to old channels
of trade. France is very open-mind-
ed when it comes to trade and the
favorable rate of exchange as be-
tween the mark and the franc has
induced French merchants to buy
largely of German concerns. Mr..
Selfridge says that in England there
still is a great amount of feeling on
the subject of buying goods made
in Germany. The difficulties of the eX-
change situation also are a deterring
factor. Mr.. Selfridge placed an order in
Germany for goods amounting to
about 100000 marks. BY the time
the goods were shipped the mark had
advanced many points and the bar
gain was not such a bargain.
Evening star., 1921-03-10
.LABOR|SPROB[EM
IN TRADE EQUATION
Chicago Reports Better Con-
ditions in Business-Sit-
uation Elsewhere.
BY A. ID. WELTON.
Special DiSnatch to The Star

Special Dispatch to The Star.
CHICAGO, March. 10.-Banking con-
dtions are showing steady Improvements
as liquidation goes on. The demand for
money is less insistent and loans are
being gradually reduced. The demand
for permanent capital, however, shows
no abatement Issues of notes by strong
concerns are selling steadily If not
readily. There is money to be had If
the requests for it carry tempting re-
wards.
Defation has proceeded concurrently
with lowering prices. The temper OF the
business world grows better as the or
derlineSS of the process comes to be un-
derstood. Assurances Of improvement in
merchandising lines finds justification in
surveys which show depleted stocks.
Labor and it's Discrimination. particu-
larly where strongly organized, to sub
NIT to the trend downward. IS the un-
solved factor in every business equa-
ton. The railroad men, it is said, will
surely strike if present agreements are
abrogated.
Chicago carpenters will not accept
a reduction from s1.25 to 81 an hour.
Stockyards employees say. through
their leaders they will strike rather
than work for the wage scale just an
nounced. The packers say they must
reduce wages to cut out waste.
Builders say high wages in building
trades are >largely responsible for
housing conditions and the lack of
building.
Wages in Dispute.
In all these lines wages are in dis
pute. In other lines the question has
not yet come up, but will. The cloth
ing industry in Chicago is marking
time. IF there is to be any business"
said an officer of a big concern,
prices to the consumer must be
brought to still lower levels" In no
line is there so much seething be-
meath the surface as in the clothing
industry.
The orderly process in business has no
reference to methods followed in par
ticular cases. The process may be Or
derly and the methods so disorderly as
to include strikes. lockouts and threats,
or both. Business was long time in
adjusting itself to war conditions. Dur
ing that process there was some con-
troversy and much easy surrendering
to even inordinate demands. During the
reversal of conditions there is also con-
troverSy, but the yielding promises to
be slow and reluctant. Then, necessity
for large production pressed hard, and
cost was disregarded. Now curtailment
of production may be profitable and
cost is vital. High prices stay business.
The railroads complain that high rates
are having that effect Tariff experts
even are declaring that higher rates
will bring less revenue.
Evening star., 1921-03-10

pany here today. "The miners are
getting the same pay and overhead
expenses are the same. In these cir
cumstances the prospects for even a
slight reduction are not bright The
market is very slack. The railroads
and shippers have little or nothing to
do. Still, the railroad rates are up
and all of our expenses are such as
to make summer reductions impos-
sible. Coal will have to be bought at
present prices for next winter"
x X x X
CHICAGO. March 10.-Crude drugs
at last are beginning to feel the effect
of the downward trend of prices.
This is largely the result of buyers
holding off until reductions We're Of
fered Importers have come to the
point where they must liquidate GER
tain obligations, and the break in
prices has followed. In the chemical
trade the same conditions may be
noted. Consumers have been holding
off, and such purchases as have been
made have been in extremely small
lots. Dye manufacturers are holding
out for established prices. but job
bers in dyes are said to be quoting
prices lower than the producers fig
ures ordinarily would justify.
X X X *
MINNEAPOLIS. March 1o-Slow
deliveries of merchandise in various
sections of the northwest may result
in shortages and 1 demand for goods
which will be of inestimable value in
Evening star., 1921-03-10
PUBLIC WILL, TAKE
NEW CERTIFICATES
Conservative Investors Favor
Issues-CapitaI Traction
on 7 Per Cent Basis.
BY /. A. FLEMING.

Local bankers are making very gem
erous subscriptions to the new issues
or Treasury certificates. and there
is small question but what the offer
ing will be entirely successful. One
national bank placed its subscription
for s1,000,000, and followed this up
with orders by customers for 100000
additional.
A meeting OF the directors of the
Richmond Federal Reserve Bank will
be held today. where the placing of
the new certificates will be consid-
cred. 1t is expected that the allot-
ment for the fifth regional district
will be between $4,000. 900 and S13.-
100000. although the amount will un-
questionably depend on the size of the
subscriptions. as the issues are "S400,-
100000 or more"
Estimates of the decrease in de-
posits of the national banks of the
country show a very large loss, as
compared with the nearest call date
of 1920, some estimates averaging
as high rs 10 per cent. Thirty four
of the leading national banks of the
country. with deposits of and above
$5oooo,ooo each, lost more than
A loss of $1,000 100000 in net de-
posits of national banks over the
entire system is indicated in one
year.
This money has. in all probability,
gone largely into Treasury certifi-
Gates, other than that portion which
has been lost in other ventures.
Today there are thousands Of men
with money who will not place their
funds in the usual channels of in
veStment. They consider bonds too
high. the position of the stock market
is not to their liking and nothing ap-
peals quite so much to them as the
government securities. free of tax as
to normal income. and an excellent
security in the event of needing to
use the certificates as collateral.
The return is not in full accord with
the money value of the day, but con-
sidering the safety of the investment
and the normal tax exemption. It is
by no means lacking in that respect
The averages in the bond market
seem to have crossed the high and
to be on the down grade. The digestion
Thus a per cent Oil syndicate was
closed out with the notes selling at
SO y. later recovering to 95, but placed
in the initial Offering of 9S.
Rail Situation.
Clipping of wages here and there
and Iurther intent along the same
line with especial interest directed
to the rails, has been in recognition
Of the falling off in railroad earnings
and the absolute necessity for econo-
mics, closer than ever
1t was said this morning that the
PRESIDENT might send a special mes
sage in the near future on the rails.
but would probably wait for study
Evening star., 1921-03-10
California Rice Growers
Helped by Court Decision
BY LYNN s. SIMPSON.
Special Dispatch to The Star.

Special Dispatch to The Star.
SAN FRANCISCO, March 1O-Re-
fusal of the United States district
court here to issue an injunction
against the Rice Growers Associa-
ton, restraining it from alleged vio-
latioh of the antitrust laws. is CIV
ing new heart to farmers marketing
organizations. While the decision of
the court is not final. ultimate VIC
tory for the rice growers is consd-
cred certain. Renewed activity char
acterized the rice market following
the decision, as it leaves the associa-
ton with firm grip. since it controls
so per cent of the rice production of
this state.
A part of the business stagnation
here has been due to the determined
holding of the growers. New York
interests sought to break the dead
lock through judicial proceedings,
but their failure to do 80 % resulting
in sales on the growers terms.
Nut Prospects Excellent.
The California Walnut Growers As
sociation today announced that prac-
tically all of the crops of 1919 and
1920 have been cleaned up at associa-
tion prices. Prospects are excellent
for a big harvest this fall. New crop
nuts will find the market practically
bare. Cantaloupe growers of the
Turlock district. in San Joaquin val
ley. report that there will be a large
reduction of acreage in melons this
year Last season growers suffered
heavy losses. owing to the swamping
Of the market and reduction in de-
mand. The new high freight rates
are oppressive to the growers. it is
claimed.
Wool growers are seriously dis
turbed over conditions. They have on
hand practically the bulk of two
years clip and there is no market. At
the same time imports are reaching
here in considerable volume from
Australia and New Zealand to fore
stall prospective tariff increases, it is
said
Evening star., 1921-03-10

of conditions. Reports of impending
government ownership needed but
most recent attempt in this line. not
fully known by the public, to quiet
them.
In the stock market the rails and
steels, and, in fact, the list. suffered
quite severely with special pressure
directed against the rails.
Empire State Ranking.
A law has recently been placed on
the statue books in New York state
permitting 4 national bank changing
to state institution to retain its
property and execute fiduciary powers
which it may have possessed as a
national institution.
A bill has been introduced along
lines of the recent queries of the
late controller of the currency, re-
quiring publication of official salaries,
when in excess of five thousand an
nually. together with details of per-
sonal character.
Capital Traction Dividend Increased.
At meeting of the directors of the
Capital Traction Company. held yes
terday. the directors declared a divi-
dend OF ] q per cent. payable Aprll
Is, to shareholders OF record April J.
This is an increase of one-quarter
of / per cent anl places the Capital
Traction shares On a / per cent basis.
The increase was not anticipated. and
came as a pleasant surprise to the
shareholders.
On a Z per cent basis the stock is
worth materially more than the 80
where it is now selling.
Dividends Declared.
The common dividend of the Wash
inEton. Baltimore and Annapolis Elec-
tric. l per cent. is paya3le April l. to
shareholders or record March l9; the
preferred dividend of 1 x per cent is
payable at the same time to stock
holders of the same record.
Dinner Committee Meeting.
a meeting of the dinner committee
Of the District Bankers Association
has been called for Monday after
noon at 4 O'Clock, at the District
National Bank.
Locals Active, Easier.
There was a good aggregate busi-
ness transacted in local securitie s
today. but there was just a shade of
weakness in evidence. General Rail-
way so at 80 TO 90M, Traction shares at
S. to Sfh 10 S42., Railway preferred, at
5SLa, and Washington Gas, at "A, were
features of the active session. In all
1I5 shares of Washington Gas sold
Potomac Consolidated 50 were steady
at SO.
Security Savings and Commercial
Bank stock sold at 5000 a share.
Evening star., 1921-03-10

(No. % 3
mot one piece was broken
or scratched. We have moved
eleven times in thirty-two
years, and this is the only
perfect move we have ever
experienced"
Evening star., 1921-03-10
Washington Stock Exchange

SALES
Washington Gas 7Iks-$5O at 1904, $3.50
at 1904. $500 at 1OO1a, 500 at 102A, $10O
at 102A
Washington Railway general 6s-s1, 600 at
90, 81, 900 at so, 1000 at 80. $1,000 ut 30,
81 600 at 30.
Potomac Electric cons. 5s-$1 900 at 50.
Potomac Electric general mortgage 6s-H.0 0o0
at %.
Capital Traction-10 at IS, 10 at SIS, 25 at
S4h. 10 at SAN.
5Sh. 9 at 5Sk.
Washington Gas Lights at a.. IS at A,
25 at A.. % at A. Is at A. at A.
Security Savings and Commercial Bank-lO
at 200.
AFTER CALL
Washington Railway general 6s-S1, 600 at
90A. 81 600 at 90A
Bid and Asked Prices
Evening star., 1921-03-10
Snuritg
Safe Deposit for Silver
ware and Valuables

In our burglar-proof vaults, un-
der guarantee, and for furs.
clothing, rugs, etc, in our dry
cold storage rooms.
Evening star., 1921-03-10
HnuMg

Storage for motor cars (dead),
for pianos and paintings, for
luggage and household effects.
Evening star., 1921-03-10
Consolidated carload
freight service

Saves waste of freight car space.
waste of shippers money, waste
of time and provides greater
safety and speed.
Evening star., 1921-03-10
For His Life.

what happens when doctors dis
agree?"
..Then the patient has a fighting
chance"
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-02-14
GALLUP ACCEPTS
PLANS FOR NE "
100000 SCHOOL
tsr.c,o, Correspondence to The JournaIl

fsn.c,al Correspondence to The Journall
Gallup n. NJ, Feb, l3.--At the
last meeting of the school board
plans submitted by 7. Charles
Gaastra Of Santa Fe, were accepted
by the board. from which the new
sI00,O 600 high school building vii!
he constructed. Bonds were voted
bv Gallup citizens more than
GEAR ago and the bonds sold. but
on account Of the high cost Oh
material the board decided to post
rome the letting of the contract IN
The hope OF getting a better puilo-
ing for less money this year.
This action on he part OF the
beard will undoubtedly prove very
rrofitable for the school districts
involved, as practically every klnu
Of material that will be used in the
construction work has already De
creased considerable in cost. IL IS
/ the intention of the board to put
IN one of the most convenient any
modern high school buildings tha'
that funds available will permit
The land for the school house was
purchased last summer,
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-02-14
POLO AND GOLF ARE
POPULAR AT CORONADO

Polo and golf are vieing with
each other for popularity hohors
at Coronado Beach these days, potii
receiving more than an ORDINARY
amount of interest Sunday saw a
gruelMng, scrappy contest on INC
Coronado Country club polo GROUNDS
when the Point judith Tigers de-
feated the Coronado (ali-Westefh
by a score Of Is to s. A feature Oh
the game was the spirited work Oh
the Fleischmann brothers-MaX
and Julius--who played on oppo-
site sides. Both are strong play
, ers and put plenty of pep into
their work, Il, w. Hopping, OF tins
Point Judith Tigers, created mucl
comment by his superb horseman'
ship, accurate hitting and th|
: ability to drive the ball direct x
the goal from any angle or an!
part of the field.
Many entries have been receiVe'
Mt the Coronado Country club from
contestants for preliminary gol
matches and interest is reported Il
be growing as time passes.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-02-14
TWO COUPLES TAKEN
FROM ROOMlNG HOUSE

Two couples were arrested cary
e,,naav morning by Police Captain
Dat O;Grady and Patrolman Rom
ulo Salazar in a raid on the braui'
rooming house on Nortn nr Ca.
way. Ciaud Armijo and Elias Gar,
eia are declared to have nVeu
al the same house for seV,,
anal months as husband ana
wife Police say they are no,
married. Leon Hutchinson anu
Helen williams have been livlht
move a month as husband ano
wiSa and are not married, police
said All were charged with dls
0yaerly conduct and released OF OF
bonds of $50 eacn TO appear -
poIice court this morning.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-02-14
j. s. MUST NOT
TURN ITS BACK
ON HAITI--kNAPP
Admiral Says Agitation
Against American 0CCu-
patton Is Inspired BY a
Very Small Native Group.
tBy The Associated PrAasl

Washington, Feb. 13.--The Unit
ed states, having put its hand to
the plow" in Haiti, must not turn
back by withdrawing American
forces, Rear Admiral II. ii. KNAPP
declared today in a report in. which
he presented the results of his in
vestigation in the island for the
navy and state departments.
Agitation against the American
occupation, he asserted, is inspired
nv desire by small group, who,
he said, represented At the most
less than five per cent of the pop
lulation. This group, he added, IS
working to gain the sympathy OF
the American people, although
their real object is to obtain abro-
cation of the treaty between the
United States and Haiti and t.
bring about return to the old con
ditions of government.
could this be attainedt the
admiral continued, IL think 99S
out of every 1000 Haitiens woult
be glad to see American forces re
main to enforce order.
"'rhe 95 per cent would be eX
plotted for the dishonest benefit o.
the five per cent If these ends
were attained The 95 per cen
would enjoy less real freedom thar
lnow. Should the United States nov
withdraw, it would, in my opinion
be surrendering the true interest
and tho freedom Of 95 per cent o
! the population and cncouragin'
the unworthy minority TO go o.
with its dishonest, arbitrary AM
!. tyrannical methods While II
probably impossible to state tina
graft does not exist, 1t is conceale'
, graft unknown to the Unite
{ states treaty officials"
. 'The people of the Unite
; states" the report said "shoul
J mot allow themselves to be deceive
! by the words republic of Haiti
l into believing there exists a repub
$ jllc in any sense. The so-called re
t public Of Haiti left to itself, IN
t been a tyrannical oligarchy
Z, which those in power fattened M
t on the vast mass Of the population
Y while those out of power sought
: get into power, by fair means Q
= foul, with the same corrupt per
t sonal ends in view Tran
: guilty and security now exists
s Haiti practically throughout tn
d country. This is the diret
e result of armed American intel
y Vention."
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-02-14
'FATTY" ARBUCKLE
NOW At "B' THEATFR
nv 4 COBB SIOEI

"The Life Of the Party" at the
"B" theater today for the last tlllle'
is lust packed with merry dolflsS,
FATTY" Arbuckle, making ms
debut MS a star in full-length COM
drama is "vamped' by a pretty
siren, is stranded by drullheIi
driver when returning nome from
n marty dressed in children-s rollp-
ers and runs for mayor. me PIC
ture was adapted from one of lrVln
! Cobb's humorous novelettes that
ran in the Saturday Evening POST.
FATTY" plays the role of a young
LAWYER, who, for the sake OF a
pretty pair of eyes, undertakes C
bust the milk trust. His rival IN
love is a dishonest judge, who Is
secretly in league with the mis-
folks. The judge seeks all manner
of means to frame up Roscoe
hut is foiled in the end. Ana, Of
course, the rotund lawyer WINS lh'
girl.
FATTY has merited his promo
! tion from two to fiyc-reelerS. Iher'
always was certain human ele
ment in even the Arbuckle slap
sticks that other products of TN
Icustard pie school lacked. Even II
his most grotesque characterize
tons, Mr.. Arbuckle has shown
keen insight into human natuf'
and flashes of talent as q strmgh
dramatic actor.
| without slowing up in the leas
his fun-making powers, The lli
of the Party" offers the heavy
weight star an opportunity !
broaden and develop. Viora DAME
is Mr.. Arbucklc's leading woma
and Julia Faye. Frank Campeal
and Winifred Greenwood are ais
in the cast. Joseph Henabery d
rected and It. is Paramount PIC
Ulre,
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-02-14
80, supnty Co. phoneF 4 and

Coal Supply Co. Phanee anc
Mrs. r. p. Garfield left yeste,l =
dav for Holton, Kansas where SUE
was called by the serious illness u
her father. ,,o y
Alphn Delta fraternity gave d
sn1olser at the chapter house yes
tarday to members Of the facuity,
A Valentine day social VIII De
o,ven AT the 1. o. o. +. hall Tues
20" For messengers, phone $50.
christian En6eavor society OF
the congregational church will give
Valentine party at the chureh
parlors tonight. 90
Mr.. and Mrs. II. A. Thorn, Oh 2 ~
North High street, announce tile
birth of a daughter Sunday. .,,
Mems club of ST, John churGil
viii meet at the Guild han at ''''
Can now supply limited amouhl
factory wood in full wagon ioaas
Hahn Coal Co., phone 81. -,
Nh. and Mrs. j c. Schlott' oil ~
vepas who have been on q tei
months visit in the northwest ar.
here visiting their daughter MT
q cornell, 624 North siNtl
street, prior to returning TO '"'"
home.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-02-14
SPRING HAS ARRIVED;
FIRST BASEBALL GAME
OF SEASON IS PLAYED

4spring is here. If you don't be-
,tsye it~-witness the following
,,ls As q 6
I 5Vu rods ..... s II 10
nSas sir, 1t was a baseball game.
The first recorded in Alouquerqug ,
1s2t season of the national pas pas
fine. The victors were captaiheu
by Jimmie Ryan and the game wa9
nfayed at Edith street ana coaI
Venue. Arthur Grouth was the star star
az the game. slamming our wv
hnrna runs. and thus has lead OH
Babe Ruth.