davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-09-23
COTTON FUTURES
! in ACTIVE DEMAND
Market Continues to Hold
Recent Strength and Ad-
vancing Tendency.

NEW YORK. Sept 22.-There was
another fairly active days trading in
cotton contracts for future deliveries.
with the market continuing to hold
its recent strength, and advancing
tendency. There was a large demand
for spot cotton on the Liverpool ma r.
ket today from continental interests
This so competed with renewed trade
buying by British spinners the pric |.
was marked up to sixty-two English
points to the new high level OF 14.ssd
for middling against the previous
nigh about the end Of the first week
in December OF 14Ad. That was when
our market was making its high rec
ords Of 21& cents for December and
January contracts to 2zh for March
and 22A for May.
The days spot sales there were IS
900 bales. with futures going up to
between thirty-fve and fifty points
from their closing prices of yester-
day. when no advance had been
looked for by traders here from the
way our market closed yesterday. II
seems, however. the foreign cotton
tradsy there has again become appre-
hensive over our crop situation and
outlook by private forecasts from
this side making the average con-
dition as low as 40 per cent against
4s.3 in the last government report
and estimating the yield at present
as only a little over 100000 bales,
against the governments figures of
7.o37,00o bales without linters on its
August 25. statement
Closing cabls were considerably off
from the top. however. as there was
heavy selling there from this side, the
market finally closing quiet at a net
advance Of hut twenty-seven points
on the near months to seventeen and
nineteen on the latter deliveries for
the day. Liverpool houses were large
buyers here during the early trading.
On the other hand. the South was
again big seller. although continu-
ing to send in the worst crop reports
ever received here. Most of these
advices say there will be no top crop
and that the total yield besides being
the smallest for more than the-las:
thirty years. will show the shortest
length of the staple. There was a
strong and buoyant opening with
prices up about twenty points on the
average, from yesterdays closing quo
The Washington herald., 1921-09-23

furnished BY W. y. dibpS Oo.'
N. z. Cotton Exchange.)
The Washington herald., 1921-09-23
NARROW RANGE IN
UNSETTLED WHEAT
Absence Of Selling Pressure
with Commission Houses
Incline to Buying Side.

CHICAGO. Sept. %. = The wheat
market was unsettled, prices hav-
ing q range Of around IL cents on
the active deliveries. There was an
absence of the heavy pressure OF
the previous day and more disposi-
ton on the part Of commission
houses to take the buying side es-
1pecialiy under s1.2s for the Decem-
ber which checked the decline. Part
of the buying was regarded as to
and considerable exchanging Of fu-
lures was under way here presum-
ably against sales Of Durums from
the Northwest for export. There
was 100000 bushels hard winters
reported sold via the Gulf with re-
ports that additional quantities had
been worked. The revival in the
export demand and the persistent
buying on the break by commits
sion housee led many of the local
traders to take the bull side on the
belief that q good rally was over
due.
Movement from the country fs
falling OF. Northwestern receipts
being about the same as last year.
and Of the 3o7 cars received at
Minneapolis around 200 cars were
applied on to arrive contracts. Kan
sas City reported 1000 barrels flour
sold abroad overnight. General
rains have fallen In Argentina, re-
moving apprehensions OF drought
Private estimates as to the acreage
there range from the same sas las,
year to 10 per cent increase. Sales
The Washington herald., 1921-09-23

iron. According to common esti-
mates the total pig iron capacity
of the United Kingdom Is now about
9.5oo,ooo tons a year, ineot capae.
ity Is estimated to be close TO Ia
100000 tons a year. and capacity to
make rolled products is put as high
as 100000 tors.
Greater Imports Necessary.
Allowing for a reasonable amount
of latitude In these estimates, II
still is evident that fun ingot output
cannot be based on the domestic
supply Of pig iron. nor would local
ingot output keep the rolling mills
running at full capacity, These
gaps can be oridged only by extern
sive use OF scrap to supplement pig
iron In the blast furnace. or by i'm
portation OF pig iron and semi.
finished steel on q larger scale than
formerly. In order TO reach capacity
production all around.
II IL this condition which has
raised the question in some quarters
whether the British market for pig
iron and biliets will again reach
enough proportions to revive the
demand for considerable supplies
from the United States. Such a
question leads only to pure specula-
tion At the present time because &C
far this year the total imports OF
pig iron and semifinished steel into
the United Kingdom have beer
about 80 per cent below the pre-
war rate, and the volume of ship
ments from the United States tC
that market has dwindied TO a very
small fraction OF what II was last
year. June showed a total of only
1000 tons and July none at all. as
compared with an average Of $4,000
tons a month last year shipped from
the United States TO British steel
makers.
The Washington herald., 1921-09-23
NOST DOUBT AS TO BRITANS
TMELYWALL STREETTOPICS

time after the opening was fol-
lowed by an upturn exceeding Q
points, featuring steel. equipment
and oil stocks and a few miscei-
faneous industrials. That swing
was in turn followed by q reaction
which eliminated half the previous
gains. The trend changed again In
the early afternoon. the high level
OF the morning being regained.
Almost without exception COM
mission houses are partial to rail-
read stscke even at the current
level. Rails do not reflect this
sentiment because they are re-
ferred principally as something to
buy and put away In q safe place
Tor the pronts that are expected to
accrue over the next year or two.
Such a program does not appeal to
the average semi. professional or
casual stock market trader. The
traders aim Is to acquire large
profts IN a short time and In or
der to do this he must lean to-
ward more speculative securities.
The stock market 10 stiil a profess
sional AFFAIR. Public buying Of the
rails, especially the odd lot buy
ing, is reported to be good. but
Il has not developed the volume
necessary to change the pace At
which these stocks have been NOV
ing since the market ceased Its
sharp rise.
Wall Street 10 confident that the
railroad relief bill will receive the
attention Il deserves at the hands
OF the Senate, sponsored as 1T Is
by the administration. Differences
between the Senate bill and the
one which passed the House will
necessitate the appointment Of a
conference committee and maybe
cause some delay. but the Street
does not question the ultimate sue
cess Of the measure. The steady
buying Of Allied Chemical and Dye
common stock. which has been GO
Ing on for more than week. went
unnoticed until the price rose
sharply In the early trading to-
day. Before the end of the first
hour 1t had reached a price of 44%,
la net gain Of ~ points over the
closing level of yesterday. s points
over the low of last week and
almost IL points over the record
low price of August Is. The pre-
ferred. although Inactive, was
strong. II was reported in a house
which has kept in close touch with
the corporation since the merger
last summer that earnings during
the first FIVE months of this year
covered the entire years dividends
The corporations cash Is said to
exceed $50, 100000. Allied Chemical
stock has been suffering from the
moral effect OF the large volume
OF new stock authorized early ir
the year. Although none Of thi;
stock has been issued. many
traders consider 1t potenta
menace.
The action Of the New York Fed
eral Reserve Bank Inc lowering it.
discount rate from 5h to pei
cent after the close of the marke
yesterday was' reflected in easiel
rates on bank acceptances today
The rate on thirty-day bills wal
unchanged at Az per cent, bu
sixty and ninety days paper wa
brought down u per cent to I
parity with the shorter maturity
Four months bills came down from
5b to per cent, and six month
paper from 5h to 5h per cent.
The Washington herald., 1921-09-23

(furnishsd By W. B. Eibbs Co.. Members
Chicago Board of Tfsde.,
The Washington herald., 1921-09-23

ID RIEFLY summarized the policy provides that the North
ID American Accident Insurance Company will the follow
subject the of the policy for the death or
injuries public carrier, due its wrecng dablement
while the assured riding fare paying
due wreeking disabement Of private
vehicle which assured be riding driving
being thefefrom, loss of life by being struck
knocked while walking standing public
highway
The Washington herald., 1921-09-23
ENCLAND'S NEED
of U. 5. STEEL Is
q OPEN QUESTION
War Developments Have
Greatly Altered
Conditions.
DEPENDS ON PRICES
Competition on Continental
Producers Must Be
Fully Met.

There has been q great deal of
speculation about the prospect for
a revival Of British demand for
steal from the United States. trade
which attained huge proportions
during the war and continued to be
active until the latter part Of last
year. according to the Department
of Commerce.
The United Kingdom for q Ions
time has ranked among the larg-
est Importers Of iron and steel, as
well a. being the second great ex-
porter OF steel products. Prior to
the war, when British steel exports
were IN excess Of 100000 tons a
year. imports Of iron and steel were
close to 100000 tons, and Of this
trade the United States always had
q valuable share: Recently the rel
ativs importance Of British imports
Of steel as compared with exports
has been somewhat greater than
formerly, so that the actual ton
mage Of iron and steel imported to
Britain in the twelve months ended
June. 1891, totaling close to 1.4oo.-
900 tons. probably has eaualed. IL
10 has not excelled, imports by any
other country during the same Pc
riod.
Needs Semi-Finished stock.
British imports always have in
cluded . variety of products, but
the chief items generally have been
pig Iron. billets and other semi
finished steel. which before the war
about equaled In amount the ex-
ports of pig iron. Thus for the
three years 1s11-1s13 exports of
pig iron. plus Q very small amount
of billets. averaged 100000 tons
q year, but were nearly offset by
average yearly imports Of about
1.o6o.o0o tons Of Wig iron and semi
finished steel. By far the larger
part Of this movement was OF pig
iron and semi-finished steel. be-
tween Britain and European coun-
tries. imports Of pig iron and semi
finished steel being drawn mainly
from Belgium, Germany. France
and Sweden. while exports of pig
iron, somewhat more widely dis
tributed. nevertheless found theil
main markets on the Continent.
Wartime needs and conditions al
tered somewhat the relations Of the
different parts of the British steel
industry, mainly with the result
. 4: capacity to turn out rolled
products was increased more than
capacity to make ingots or pig
The Washington herald., 1921-09-23

tations. October sold at 1895. De-
cember. 20.35: January. 2o.35; March,
20.20 and May about IS cents.
As was the case on every previous
occasion of late when the marker
bulged above the 20-cent level. there
was renewal Of heavy trade SELL
ing to higher profits. This. with the
Southern selling. filled up the demand
here. and. with the late reaction al
Liverpool, prices were back to De-
tween ten and twenty-five points un-
der yesterdays closing before the end
OF the noon hour.
The movement Of the crop is on an
increasingly heavier scale. This de-
notes the willingness Of holders TO
sell a good deal of their cotton at
present prices. Bullish sentiment IL
running so strongly. however. that II
is not weakening the Southern spot
markets. with nearly every one
throughout the South expecting
more sensationaily bad crop report
from the Agricultural Bureau on oc-
tober 3 for the September rs condition
than last months figures.
The Washington herald., 1921-09-23

NEW YORK. Sept. 22.-The fea-
ture of today's market was a gen.
eraI advance in railroad stocks
ranging up to III points In the
more active issues. Reading. South
ern Pacific. Northern Pacific. New
York Central. Union Pacific and
Chicago and Northwestern were
among the more highly favored.
The movement in this department
market as q whole had been only
moderately active and the trend
uncertain. Hesitation for a short
The Washington herald., 1921-09-23
Breadstuf Movemssfs

NEW YORK. Sept. p. = 1s< fdM~i,,
shows the noremenis of bresdsturs, 3, Nr~
York today In Bushels cf grain and barrels
Of 6our:
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30
Back to School.

1t has been one of the gains of a
period of unemployment and falling
wages, that it has sent lot of boys
and girls back to school. The 1919
1920 period was a bad time for edu-
cation. 1t was hard to keep pupil
in school, when by entering fact
ory he might earn more than his
teacher could. This disparity gave
him a contempt for education. Why
study books, when the manual worker
gets as much pay as a college pro-
fessor? was a remark frequently
heard.
The future of the country depends
upon the intelligence of the people.
The boys and girls who leave school
early will acquire no civic or COM
munity spirit, they will have no
sound judgment, The economic
change that reduces ther pay or
throws them out of work, will be a
blessing in disguise to those whom
it persuades to go back to work to
school.
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30
Watch For Poor Seeds; Iowa Gets
Many Such.

Iowa is the dumping ground for
much low grade clover and grass
seed. In many cases as high as So
900 Canadian thistle seeds are sown
to the acre along with this seed, says
Fl. ID. Hughes, chief of farm crops at
the Iowa experimental station.
'ln few states," says Mr.. Hughes,
has as much low grade seed been
sold in Iowa in the past few years."
Last year one lot of over two tons
of seed was shipped into one Iowa
county as pure. Upon examination
it was found to contain 64.6 per cent
timothy, S.8 per cent alfalfa, TT per
cent red clover, 16 per cent millet
and small percentages of many other
seeds. Each pound of this mixture
was found to contain an average of
23, 900 weed seeds, consisting of 80
different kinds, among which were
Canadian thistle, buckthorn, dock and
plantain.
Another farmer bought what he
thought was fine seed from the ap-
pearance and upon examination it
was found to contain Ia kinds of
weed seeds. He returned it to the
seed man and took another lot which
looked much better, and he planted il
before examining. Later it was found
that the second lot contained 81
kinds of weeds.
| Samples containing as high as 2S
varieties of noxious weeds have beer
sold running as high as 100000 weed
seeds to the pound, all of which was
paid for at the price of first class
seed.
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30
DEG&:$H STONE
.PRusJCT CO.
Organized in Decorah Last Night
With Capital Stock of $4,000,
and Work Will Start at
Once
BIG MACHINE HAS
BEEN ORDERED
Crushed Rock Will Be Furnished For
Streets and Roads, and Industry
Promises to be Big One Here

The Decorah Stone Product Co. was
Iorganized in Decorah last night with
a capital stock of $4,000, and Off
GERS and directors were elected. The
Officers are +. F. Sellman, presidnt;
W. B. Reed, vice president; r. Buck
nell, secretary and treasurer. Five
directors were elected, Messrs. o. p.
Olson, Fred Carlson, B. f. Lennon
for two year term and Alex Hotvedt
and c. A. Mollart for one year term.
Stockholders in the enterprise are
w. B. Reed, j. III. Blaess, r. Buck
nell, E. F. Sellman, Fred Carlson, G.
F. Tinderholt, Ed Matter, E. j. Hook,
o. p. Olson, B. F. Lennon, Alex Hot
vedt, c. A. Mollart, P. o. Egeland,
B. o. Marsh and Fred Sellman.
A big machine has been ordered
which will crush rs yards day. The
former Maine quarry, owned by Sam
Anderson south of the Milwaukee
stock yards has been leased for 5
years. Rock will be crushed for Fred
Carlson, the cement man, and all
other orders will be filled from load
to as many as is wanted. The dust
from the crushing will be used and
sold for land fertilizing.
1t is an industry that promises
bright future here and big business
should be enjoyed by the corporation,
and it will mean the building of good
roads and streets here, and we hope
to see the industry prosper and en-
joy- an immense business. The men
in charge are all well known, reliable
fellows who can be depended on, and
we are pleased to see the industry
started.
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

They lived in Cripple Creek, Colo.
in 1901 and OF and returned to IN
inois in 1902 and resided in Lee
county until 1911, when they removed
to Oelwein, where he was engaged in
the real estate business He bought
the Frank Jewell farm mere last year,
afterwards selling it to John Logs
don. For several months past he had
been interested in developing oil
wells in West Decorah, having leas-
ed considerable land, with the in
tention of drilling for oil in the near
future. We are informed that his
widow intends to carry on the work.
His wife, in company with DIR.
Cooney arrived here Sunday evening
by auto, and they took Mr.. Purty's
remains to Oelwein Monday noon or
the Rock Island.
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

pected on the Rock Island about Fri
day.
The Anton Bernatz Post, Ameri-
can Legion, viii conduct a military
funeral, and the remains will be
..a--- 6 - .i-- .4--,;., ,r-.--. ~ pLalnS
cemetery. 1t is not known now which
train the remains will arrive on. If
they arrive on the night train, of
course the funeral will be held the
following day.
Anton William Bernatz was born
in Decorah Feb. 6, 1898, a son of
Mr.. and Mrs. VIM. Bernatz, his faith
er being a member of Bernatz Bros.
Millers. He enlisted in the regular
army in Chicago at the outbreak of
the war in March 1917, and in the
latter part of June that year went to
France.
The Anton Bernatz Post, American
Legion, was named in his honor.
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30
DIR. F. W. CONOVER
ELECTED MAYOR.
Given Majority of 291 Over his
Opponent Atty. T.. j. Hook at the
Election Held Monday
217s VOTES
WERE CAST
Practically Entire New Council Elect
ed Also, Only Two Old Members
Resaaining ON Board

Decorah's city election was held on
Monday and 2179 voters went to the
polls to express their choice of can
didates. The big fight centered
around the mayors Office, and DR.. F.
w. Conover won out over his oppon-
ent, Atty. f. j. Hook by a majority
of pol. The fight waxed warm and
practically every voter in the city
was out. A goodly number, through
illness were unable to get to the polls
but a notary public and Judge of
election went to their homesA and
gave them the opportunity of voting.
The fight for positions on the city
council was tame and there was no
particular fight put up by any of the
candidates. Two of the present alder
men, II. Engbretson and Lars Mesh
elm, who were candidates for re-
election were defeated.
Decorah's mayor elect, DR.. +. w.
Conover, is man who will give the
city a good administration. He has
all the necessary qualifications of a
good executive, and goes into the of
nee without any strings tied to him
and we believe he will give an adj.
ministration that will be a credit tc
the city. He is a man who is popula,
and well liked by the majority of the
people, and they have wanted hin
for the executive head of the city
for some time past.
The new council is composed OF
good representative men, who will dc
their best for the interests of the
city. Only two of the old aldermen
will be in the new body, Alderman
w. B. Reed and Alderman Franl
Bematz. The new mayor and council
will take over the reins of the cit,
next Monday evening.
| w. +. Baker for city treasurer an,
-. n. Hargreaves for assessor wer
elected without opposition.
The park commissioner race be
tween l.. B. Whitney and Mrs
Blanche Duncan was won byg Nh
Whitney by a big majority.
The women were out strong, Their
being practically as many womer
voters as men. In the first ward "a.
women voted to 278 men.
| First Ward
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30
SOLDIERS REMAINS
FROM FRANCE
Body of Anton Bernatz, First Decor
ah Soldier to Fall i'm World War
to be Brought Home
REMAINS EXPECTED
HERE FRIDAY
American Legion viii Conduct Mill
tary Funeral. Remains Taken
Direct To Phelps .Cemetary
From Train

Mr.. and Mrs. VIM. Bernatz, Of this
city, have received word that the
body of their son Anton, who died in
France, May 81, 1918, from wounds
received in action, had arrived in
New York, and the remains would
be shipped from New York to De-
corah today, Wednesday, and are ex-
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30
Head Tax Approved.

A "head" tax on every man and
woman in Iowa for school purposes
is the object of bill by Senator Oh
son, of Boone, passed in the senate.
1t provides tax of So for each man
and woman, due Sept. 1, and delin-
quent after Dec. 81, and it is esti-
mated will place $4,OOO,OOO in the
state school fund.
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30
The Monticello Express welcomes

The Monticello Express welcomes
Anything that will teach the flap
pers of II and the fioppers of so
that they look anything but beauti-
full with their faces covered with
pink paint, literally busted with
white powder and eyelashes and eye
brows darkened beyond the limits
Of nature"
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

Golf, green grass, sunshine, and all
that goes with spring indicate that
the old proverb referring to the
separation of money from class is
being deeply felt by those who spent
a small fortune this year seeking a
better climate than that of Iowa.
Green peas pretty soon boy, pretty
soon.
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

Il ant never seen nothin' so
complicated, as they call it, bout
life," remarks Mandy Jones, "fer if
you plays enough to keep f'm work
in all the time, an works enough to
keep FIN playin' all the time, an
Iacks durin' the day SOS you amt
ashamed o'yourself at night-that's
til they is to it!'
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

The Sheldon Mail says. at is
mighty mean to patronize a mer-
chant who will trust you until you
get so far in debt to him that you are
ashamed to see him, and then go and
spend your cash somewhere ,else
where you could not get credit; but
there are people who do it."
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

Good roads advocates of Alabama
are putting across twelve-year
$50, 100000 building program, using
as their slogan, "The heaviest tax the
farmer pays is the mud tax"
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

"Now look out for an epidemic!"
exclaims the Davenport Democrat.
"The internal revenue bureau has an
nounced that if you are sick the doc.
may prescribe real beer for YOU
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

The company carries its own seem
cry complete, and besides the opera
house orchestra, there will be a
number of musicians who travel with
the company. Seats at Parman's.
Secure them now. Curtain at $50
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

The Ft. Wayne (Ind.) News says:
"A string of vehicles loaded with
apples a quarter of a mile long at
a cider mill is common sight" If
we saw even one apple "a quarter of
a mile long," we'd say it was a
darned uncommon sight,
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

Most people are not to be blamed
for being late; they should be blam-
ed for not starting sooner. Their self
starter needs overhauling.
Decorah public opinion. (Decorah, Winneshiek County [Iowa]) 1895-1928, 1921-03-30

The Prohibition Glide is the latest
dance. 1t is said to be a spirited
movement, interspersed with hops,
and the rythm is very intoxicating.