davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-07-14
GRAIN MARKET
GAINS SHARPLY
Damage Reports Combined
With Black Rust Rumors
Result in Advances.

CHICAGO. July 13.-Damage re-
ports from the spring wheat terri
tory due to recent heat followed
by black rust with extremely high
temperatures in the Central West
combined with a marked increase
in country buying. resulted in, ac-
tive and sharply higher prices for
all grains. Wheat moved up 81
cents. corn 1haIN cents and oats
lha2 cents over the previous days
finish with some stop-loss orders
caught on the way up. Selling
against offerings checked the up
turn around noon and made a fair
reaction. but the undertone was
very firm and the breaks brought
in renewed buying. Local traders
who were free buyers yesterday In
many instances went out of theiI
long wheat on the bulge, believing
a reaction was due, but commission n
houses generally are now on the
bull side OF the market. Drought
reports continue to be received from
Europe, with Germany and Por-
tugal complaining, making six
countries in which the crops are
suffering. In addition Northern
Argentina needs rain and Man
churian reports say the crop there
will be poor Japan has been buy
ing wheat at the Pacific Coast.
Cash wheat demand was fair with
No. red selling at 1a1h cent un-
der the July.
Shn-AI
tivity and advanced on the drought
reports from the Central West. So
far deterioration has been rather
limited but the trade are decidedly
apprehensive of the heat wave con-
tinuing as Is suggested by the ON
cial forecast, which also indicated
thudershows in some sections.
Open High Low Close
The Washington herald., 1921-07-14
SAYS TARIFF Baaeg:s
AVERACELOWR
HANPAYNEA ACT
Green, of Iowa, Defends
Rates-Attacked BY
Carew.
PIG IRON DUTY GUT
New York Representative
Predicts Pyramiding..
OF Duties. ,,:.

Many rates Of the Fordney tzrir
bill are lower than in the former
Payne-Aldrich law, Representative
Green. OF Iowa, a Republican mem
ber Of the Ways and Means Com
mittee which drafted the measure.
declared during the debate In the
House yesterday. Mr.. Green Offered
detailed evidence to prove his state
menL
The chief attack upon the bill
during the day was made by Repre-
sentative Carew. Of New York. a
Democratic member OF the Ways
and Means Committee. He directed
his fire at the American valuation
plan, which he said would create
such uncertainty as to discourage
importstions and also would per
nit pyfsmiding Of duties and rails
ing of prices. -.
General debate on the bin viii
conclude today under the terms o.
the special rule. The following
week will be devoted to considera 70
tion OF amendments, 0.--
General Debate Ends To-Day.
Nc. Green said that while Lhr
protection given to the wool-grower
is probably somewhat greater than
that given by the Payne bin. the
compensating duties allowed in the
Payne bill were out OF proportion
to the duty actually paid by ths
manufacturer and by reducing them
the total duty paid by the Gon,
sumer Of wool goods will be less
than in the Payne bill.
Mr.. Green exhibited a compzrssen
OF the rates under the Payne. In.
derwoOd and Fordney bills on 400
cotton cloths selected from the kinds
mostly imported. He said thai thr
tates averaged somewhat less than
the Payne rates based on lsl3prioe=
Present-day prices, he said. are dU--
tuating too much to permit a com
partisan
The rates on hosiery and un-
derwear have been greatly reduced
below those Of any previous pro-
tective tariff. making all allow ance
for the duty being assessed on the
American valuation" said Mr.. Greeu
In tie metal schedule the duty
on pig iron is cut in half from
the Payne rate. The duty on bar
iron, bars and round iron is greatly
reduced. in fact the reductions are
too numerous to mention. Barbed
wire. which was dutiable under the
Payne bill, is put on the free list
The duty on aluminium. Of which
complaint is made. is much lower
than in the Payne bill.
The Washington herald., 1921-07-14

In each line the price on June
1920. Is about SO per cent less than
year ago The iron and steel busi-
ness rs running at only about z5
per cent otcapacity and further re-
ductions may be marked off before
tne volume OF business Increases to
any extent.
raking the building materials
Ieeoro OF the Bureau of Labor Sta-
tistics and comparing prices for
march 1870 with March 1921 the
following is shown:
PRICES OF BUILDING MATERIALS. 1920
AND 1921
The Washington herald., 1921-07-14
ERA HEADS THINK DEPRESSION PAST
.TMELYWALLSTREE

NEW YORK, July 13.-There was
no change in the general aspect OF
the stock market today. Profess
sionals were firmly seated in the
saddle and accounted for an increas-
ing percentage of the days trans
actions. although none can deny that
they would like to have events
shape themselves differently. 1t has
been generally appreciated for q
long time that the public. is not in
the market, and for the past few
days II has been becoming increas.
ingiy evident that even the semi
professionals who operate from the
outside. paying commissions. arc be-
coming. disinterested. Stocks ad-
vanced a point or two during the
hrst few minutes OF trading today,
but saggcd OF and became ex-
tremely dull before noon just as
they did yesterday. The afternoon
was given over to an irregular
movement. in which some issues re-
covered, while others fiuctuated un-
certainly around the Tuesday ulos-
ing level.
American Tobacco stocks ad
vanced during the first hour on a
rumor that the news ticker would
print favorable announcement
from the company at IL o'clock. The
regular common stock went UP I&
points. Then, at the appointed hour.
The Washington herald., 1921-07-14
Washington Packer Appointed

J. A. Whitfield, ]. A. Whitfield
Company, Washington. d. c., has
been appointed by Thomas e. Wilson.
president of the Institute of Ameri.
can Meat Packers, to lead a deiega-
tion of Washington packers to Chi
cago on August 9, when meat pack.
ers from all parts of the UniteE
States win convene to consider i'm
portant matters now affecting the
meat industry. This meeting will
be the sixteenth annual convention
OF the meat packers of the United
The Washington herald., 1921-07-14

The total for the cities outside
of New York showed a decrease In
May from ssS.S12,0oO in 1920 to ss2.-
715.000 in 1921. In Chicago and
Philadelphia there were large de-
creases as compared with the same
month a year ago. There Is nothing
to indicate any very great increase
in building activity in the open
country or in small cities. Most OF
the cities in agricultural regions
have shown a decrease compared
with a year ago which serves as an
indication OF conditions among
smaller places to some extent.
These building statistics are
stated in terms of values and this
The Washington herald., 1921-07-14

Taken as a group. building ma
terial prices were represented by the
index number 2os in March 1921
against 325 in March 1920 and sos
for the whole year 1920. Several
of the building materials are back
to 1918 levels and a few to 1917
prices. The progress of building
should not long be delayed because
Of the cost OF materials. Labor for
building Is also more plentiful and
wage levels are lower.
All these indications point oward
steady recovery of building opera
tfons during the summer particular
ly in those localities where there
has been a decided shortage of con-
struction for two or three years.
The Washington herald., 1921-07-14
Bull DING INCREASES
WITH CHEAPER MATERIAL s.
Chief Gains in Construction in Large Cities
Small Towns Tagging
HERALD ECONOMIST y

must be considered in making com
parisons The lower amounts stated
in dollars may. in many cases nc.
tualiy represent larger actual nm,
GRAFTON than that involved a year
ago when prices were higher. Con-
sequentiy the gain Is really in
volume than these figures would in
dicate.
The cost price decline is shown
by the hgures of the cost of steel
and lumber. The prices of steel In
voived In building are as follows:
steel bars Wire nails Be.m,
The Washington herald., 1921-07-14
COTTONSEED OIL.

NEW YORK. July 13.-Cottonseed
oi, was steady; spot, S.35aS.75: crude.
go sales; fut res, July, S.40aS.45;
august, S.S0aS.S0: September. S.s3a
S.s1; October. s.s0as.s5: November,
s.b5aS.sO; December. S.79aSsI: jan
uary, S.75as.s5; February S7oas.eo.
The Washington herald., 1921-07-14

1t will be noticed that the pro-
gress has been steadily upward this
spring in contrast to the spurt in
April a year ago which was followed
by a large recession. This steady
progress when considered together
with the fact that prices of mater
ials are on a more settled basis leads
to the conclusion that the growth
in activity is healthy and will be
maintained.
The location OF the gains as shown
by a study of the reports from in
dividual cities shows that the new
progressive movement Is confined to
a few large cities. The figures
for the cities showing gains are as
follows:
CITIES SHOWING INCREASED BUILDING
ACTIVITY IN MAY
The Washington herald., 1921-07-14

some quarters. which are usually
familiar with the affairs Of the to-
oacco companies. Il was stated that
this dividend would not affect the
cash dividend. action on which will
De taken IN the latter part OF this
month. Following the oficisI an
nouncement American Tobacco com
mon dropped 2h points. The stool,
dividend is payable on both cla,.es
If common stock.
Persons who make an intensive
study of the tape from the openInp
bell right on 10 the close, have
grown weary OF the daily perform
ance OF TranscontinentaI Oil. They
report that during the last five or
ten minutes OF every session for a
month or more this stock has moved
up from around "a to S. II has
gone up an eighth point between
ssles s"d has invariable nn;=hed the
oay \. y Traders VINO have oD-
served this occurrence are con-
Vinced that it is more than a coin
cioehce. They aver that the stock
is purposely given an appearance OF
strength at the close for the pur-
pose OF Inducing traders TO buy al
Ine opening on the following day.
me initial demand having been sun
pIieo' the stock promptly slides back
- TO await the appointed time for
another rigging"
me STOCK market proceeded i'm
heulately after the opening This
morning to eliminate the chance q,
aroitrage between the present On,
standing common stock NJ tbe Nor,h
neriean Company and the new
common and preferred stocks vbIch
70 De given in exchange for the
old stock. The company offer, 90
OF common and one Of pre-
ferred' each OF $50 par vain. Co.
one snare Of the present. of ,Ioo
Ear Nslus. Yesterday while the
'iOo comon was selling on the g.
change at SO the proposed $50 com
mon was selling for 33iL ana ar
preterred at 30 on the curb narL.,
Thus there was a difference q, az
folnts between the price Of the old
common and the combined prices a,
the new common and preferred
Wall Streets ideas of the v,,u.
OF oullish or bearish stock-mark.,
arguments change with the season,
JUST as news values change tn,
Street mas been hearing about Gold
imports for SO long a time that .
ne" arrival is given scant atten-
tlon. The Msuretania brought IN
IA cases Of gold today. and a soutg
american steamer docked with :
small amount from Colombia A
N'tie over a year ago gold imnorts
were given great consideration h.
tne stock market community. Tn,
reoeral reserve bank ratios wers
dangerously low. and money svsT,,
able for loans on stock coIlaters,
was scarce. Gold started 70 nou, 80
from England. presumably To nee,
payment of the Anglo French Ioap
IN october. and market operator.
nesan hguring the amount OF credi,
that could be based on the nev
metal. The ratio was estimated an
the way from IS to $50 of credit 10
u OF new gold. Failure Of thai
credit to be forthcoming was one
OF the great stock-market disan.
pointments of lszu.
The Washington herald., 1921-07-14

July =:
THE revival Of building activities
continues to gain force and a
resumption of building on an
ac active scale Is indicated. The
season had been running about 20
per cent behind the spring OF 1920
until May when building as indi-
Gated by permits showed gain of
about s per cent over May of last
year.
The record of building permits is
sued as given by Dun's for the first
six months of the last two years is
as follows:
PROGRESS IN 1870 AND 1921.
The Washington herald., 1921-07-14

Furnished by W. B. Hibbs & Co.. memb'
New York Cotton Exchange.)
The Washington herald., 1921-07-14
FNANCIAL STATEMENTS. STATEMENTS.
REPORT CONDITION
COMMERCIAL NATIONAL, RANK

IHEVOu IN he buxn,.,
June 80 ~"
The Washington herald., 1921-07-14
FINANCIAL STATEMENTS.
REPORT OF THE CONDITION OF
Standard Savings
Bank

At Washington. In the District Of
Celumbia, mt the close of business |
June %. 1871.
The Washington herald., 1921-07-14
(By THE WASHINGTON

Washington, July 4:
TIME revival OF building activities
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

lei 90 HIS end Of the rubber band.
Snap went this end. crack o.
bang-o! against the nose Of the
Wolf.
''Oh, WOW, on. wow on, vow
howled the WOozie chap. Oh. what
a PAIN" and he dropped the rubber
band and ran away.
Jackie picked up the stretchy
piece Of rubber and held Il out 10
Uncle W1ggily.
This was the band was going
TO show YOU" he said 20 the bunny.
'rHa, Hai" laughed Mr.. Long
ears And I thought IL was a must
cal band with mouth organs and tin
flutes, But I'm glad II was a snap
py band. Jackie. for Il played a good
trick on the Wolf"
So the bad chap didn't nibble any
bodys ears and his nose avs sore
for a week serving him right.
think And II the sugar spoon
doesn't 60 swimming in the glass OF
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16
UNCLE
WIGGILY
THF. STORY OF JACKIE5S
BAND.
CBY HOWARD r.. GARIs5
cBY HOWARD R. oAKIs,

"Wiu you be here when I come
home from school this afternoon 2"
asked Jackie Bow Wow. the little
puppy dog boy Of Uncle Wiggily one
morning The bunny was standing
az the gate In front of his hollow
stump bungalow. and Jackie was
+ hurrylng past With his bundle OF
/ books under his paw.
well, I may be of in the woods
+ looking for an adventure OF may
be here helping Nurse Jane" said
the bunny uncle Why do you ask,
+ Jackie2"
Because. Uncle Wiggiiy. I have
I something TO show you" answered
I Jackie. II nave II in school, and
. I'm going TO bring Il home with me
. this afternoon"
"What Is IL. Jackie? Something
you made. as Baby Bunty made the
/ Christmas starr
NO. 10 isn't a Christmas tree star"
barked Johnnie with a laugh. It's
a band and"
But just then the school bell rang
the last don't-you dare to be late
bell-and Jackie had 20 hurry
along
But I'll bring my band with me
when 1 come home from SCHOOL," ne
/ called back % Uncle Wiggily
Please do" invited Uncle wig
gily. with a twinkle OF his pink
nose. Il am very fond OF music
and I'd Ike 20 listen % your band"
Jackie seemed surprised at that,
and said onething. but what II was
the rabbit gentleman could rot
hear
Il suppose" said Mr.. LIongears 10
himself. as he settled his tail silk
hat down oven his ears, Il suppose
Jackie has trained some Of the ami
NAL boys TO play on mouth organs
combs tin whistles, and the like OF
that Maybe hes training them 20
play Christmas music. Yes. I shall
/ certainly like 20 see Jackie's band. -
Then Nurse Jane called 20 Uncle
WiEgily 70 go 20 the store for her
and the muskrat lady hOusekeeper
. wanted so many things that the rab-
bit gentleRan was kept busy until
late in the afternoon.
And now" he said, as ne went 70
. the store for the last time to do
, Nurse Jane a favor, now I think
I'll go and meet Jackie coming
from school with his band"
on through the forest hoped the
. bunny uncle Now and then ne
j stopped 20 listen.
For" said Uncle Wiggily to him
] self. If Jackie Is leading his band
, of players through the wood I shall
hear them. Never was there q
crowd OF boys with mouth organs
tin whistles and combs with paper
{ over them but what they played now
and then. Soon l shall hear the jol-
b ~ musici"
But, though Uncle Wiggily listen
] ed. no music did he hear.
! Strange" he said TO himself g,
81 anon the path Jackie must take II
q coming from school. yet I hear no
{ even a mouth organ. I wonder wha
has happened 80
e Just then Uncle Wiggily heard Z
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

twisty dangling from the doggie
boys pocket.
That? That's my band, said
Jackie MY band and"
"Oh. hol A bandl" cried the
Wolf Just what want" and he
pulled from Jackie's pockets a large.
stretchy rubber band. very strong
and snappy.
"Herel Don't take that, I'm go
ing 70 make an airship. and show II
TO Uncle Wiggily!" barked Jackie.
I'm going TO use that strong rubber
band 20 make the propeller 90
around Give me back my band,"
No, No" hOwled the Wolf.
I'm going 10 take It 70 make a
spring for my door" He pulled on
one end Of the stretchy band. II
strung out az long as a yard stick.
Jackie held the other end OF the
rubber.
let 20. Jacket Let co." sud
denly cried Uncle wlggily Jackie
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

voice he well knew. Il was that OF
Jackie and the dosgie boy was
saying:
Vow. you stop chasing me! Let
me aIonel"
Ny, That sounds Ike troubie!"
said Uncle Wiggily 20 himself. Il
must see II Jackie needs help
The bunny uncle peered through
the bushes and saw the Woozie
WOLF chasing the d0ggle boy. Jackie
was running as fast as he could
scramble. but the Wolf was right
after him
Halt, stop, Let Jackie llOne'"
cried Uncle WiSgly springiug out
and hold ng up his red. white and
blue striped rheumatism crutch.
Pooh AS u was afraid OF
YOU" snarled the Wolf First I'll
nibble Jackie's ears, then I'll nibble
yours What's that hanging out OF
your pocket2" ne suddenly asked.
/ pointing 20 something black and
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16
TACOMA PARTY AIDE
GETS FEDERAL PLUM

WASHINGTON. Dec 15.-Elmer
T. Dover Of Tacoma, Washington.
former secretary Of the republican
national committee. viii be nomin-
ated by PRIEST Harding assistant sec
retary OF the treasury, ir was an
nounced al the treasury department
today. Dover Will have charge Of
customs and revenue. and viii take
the place made vacant by Angus w
Mclean on March 4.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16
pnRTAGE HEIGHTS KNOWN

For its fne homes. drives and
pleasant views one OF the finest
homes IN Portage Heights "a offered
for sale This bungalow has 5 large
well lighted rooms-living room
1Sx26 with Gre place. Suilt in book
cases. dining room with built in buff
set. two bedrooms with closets,
Kitchen. linen closet. hot water
plant. oak floor. corner lot 132x6O0.
can HASTINGS. I5-644O. 342-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16
Toys

Our toy prices are so low that they
are sure to please you, and we have an
immense stock to choose from.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16
FIRE RISK VERY low.

Due 20 Elaborated Resisting
Roofs. the FIRE riik on a great many
homes IN South Bend is very low.
Heretofore. this time OF the year
has been one CT -oof fires. there
having been as high as Il in one
day. u will pay you 20 cali the
Elaborated Roofing Co. LOT W
Division ST. Main 2403. 24vti
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16
WORLDS LARGEST
LINER UNDER WAY
W hite Star Company to
Launch Mammoth Ship at
Hamburg Next Spring.

NV YORK. Dec. Is. - IT n e
words largest ship"
This wiz be the proud boast Of
the mammoth steamer Majestic.
when she slides from her cradle AZ
Hamburg next spring 10 take ner
place bod the fleet ~ White Star liners
p.yiug between this city and South
ampton. The steamer Will be N &c.
600 tons. two thousand tons larger
than Tho Ieviathan.
The Majestic. formerly the BIS
marck. was started in Germany be-
fore the war for the German Ham
burg-American line Under the
terms Of the Versailles treaty. which
dlsmantled and destroyed the Ger
man merchant and passenger ma
rine. the Majestic was taken over
by the allied rcparau0ns commits
sion and sold in open market % the
White Star line.
Every Convenience.
The vessel viii be a fuel burner
500 feet long and capable OF %
knots an hour. There viii be 1.247
staterooms on the liner. and she wiz
be able 90 accommodate 400 pas.
senrera 4 crew OF 100 Will be re-
Qulred 20 man the ship
Every convenience and luxury tina,
money can purchase. that archltec-
tural skill can devise and decorative
cunning create ave been lawsheC
90 make the Ma estic a floating pail
ace All the furnishings arc Of gu.
Derlatlve character. In addition o.
a iuxuriant ballroom. salon smoking
room and main dining room the
liner viii have
A Pompeian swimming bath OF
marble. $50 square feet I'm area,
feet deep, with capacity for $50 ton.
OF water.
a squash tennis court
A conservatory for preserving
flowers received by passengers OF
sailing
a sp8ce for concerts. with a stage
adapted 20 motion picture exhibit.
or vaudeville.
Special quarters for dogs and 9th
ct pets
A library OF 1000 volumes
A veranda cafe on deck, with flow
er1ng shrubs and trailing vines.
a large. elaborately-dtted gym
nasium
Carries Nine Decks.
For purpose OF comparison anC
ito better appreciate the giganti,
dimensions Of. the Majestic. the shiI
n placed upright would tower 10.
feet above the WOODWORK building
the taliest structure IN the world
The tonnage OF the ship is nearl.
equal to the combined tonnage OF TN,
182 ships OF the old Spanish Armada
Two New York subway trains cOul'
pass abreast through any OF tn,
three smokestaccs Of the vessel
Four times around the ships prom
cnade deck is a mile
Every known safety device aga1ns
fire and sinking Is being employed
Watertight compartments a double
bottom hull. srnoke-detecting APP
paratus and an elaborate fire-alaru
system providing for 1900 alarm
points connecting with a central sta
ton. are used. In addition. a com
pIete telephone system viii connec
every part Of the ship.
There will be nine decks on tn
NIajestic-from the lower hold 20 IN
upper promenade. Elevators will b
used TO facilitate passage from dec
10 deck. Eight turbines for drivin
the vessel Will be used The weigh
OF a main turbine is 375 tons
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

Now - the time 20 place your or
ders FOR Christmas flowers Your
selection Is complete at this time.
South Bend Floral Co, l22 y. Mich
iga1 ~. 34s-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16
Are Always We1come--
and Remain So

We want you to see our most complete Sc
lection of appropriate Christmas gifts-pres-
ents giving service in use and beauty that will
endear you, as the donor, to the recipient
many years beyond this holiday season. Give
something always wlecome-furniture.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

Make Il an electrician Christmas
The Blue Bird Shop. 123 y. Main
St. offers an immense selection OF
ideal gifts which are priced-oh. so
reasonable! 334-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

No home is so complete but that piece or
two Of furniture will serve to make it a more
interesting cheerful place. No family is so
satisfied with its home furnishings that gift
or two, as suggested here, would not be most
welcome.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

mix with the carving knife and set
its face all wet III tell you next
about Uncle Wlrgily and Grandpa
G.Oosey.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

TIE Joys Of motoring VIII be
increased Il YOU have your car In
sured with the Greenar agency.
Farmers Trust bldg 24S-tf
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

All zoe cigarets. FOR soc. Enrera
128-tf.
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

IS per cent Reduction sale vern-
on's. 334-t:
South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-16

IS percent reduction sale. Yer
mons. 534tf