davidaulloa/AmericanStories huggingface dataset:
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23
ITO new MEMBERS
EQUOTA SET FOR
LOCAL A.LB.BODY
Chairman Dulin's Com
mittee, Confident of
Reaching 200 Mark.
OTHER LOCAL NOTES
Railway General IS Drop on
! ID. c. Exchange-MeIlon
Calls for $3O,OOO,OOO.
OTHER LOCAL NOTES

In the current issue of the bull
leun issued by the American In
sutute Of Banking, Robert Strick-
iand, jr., national chairman Of the
institute membership committee,
sets Washington's quota at 10
ne" members in the drive to re-
port an aggregate Of $4,000 mem
oers at the next annual convention
10 be held in Portland. According
10 Mr.. Strickland, the membership
committee for the year 1929 has
Two objects in view: First, to re-
port $4,000 members, and secondly.
10 Keep the membership reported
At Minneapolis last year strictly in
tact and register the 1907 new
members only after those whose
membership has terminated have
been replaced. In view OF the
phenomenal growth last year, this
second objective is particularly sig
nihcant.
The committee appointed by
president Waller of the local chap
er to swell washington's member
hip to the extent Of 200 members
ninety more than their quota) mas
ready started functioning and re-
orts favorable results. Chair In
ulin, Of the American Secy ty
nd Trust Company. reports his
ommittee Is confident that with
the goal will be at
aimed.
Washington now boasts of a
membership approximating 900
members, contrasted with less than
POO the beginning of last years
study.
Randle In New Connection.
Clement Griscom Randle, for
merly Of New York City and local
manager Of the Cleveland Discount
Company, possessing vast expert
ence in bond and investment field,
Is to take charge of the stock.
bond and general investment de-
partment Of the Banking Trust and
Mortgage Company. according to
announcement made yesterday. He
WIN take up his new duties prob
ably on November l.
Simultaneous with this state
mont came the announcement that
the above named company will
specialize in an up-to-date stock,
bond and mortgage department.
Local Securities
The feature Of the session OF the
local stock exchange was a drop
OF II points in Railway general IS.
At least one sale was made at SO,
as compared with 941z. the last
previous sale price. This was bid
for more.
Potomac consolidated SIS were
quite active at IS to $50. only
two bond issues showing on the
days sales sheet.
Capital Traction shares were Arm
at So and Railway common again
! sold at IS.
Gas ~ per cent notes brought
hos to 1O4H.
Call for $50, OOO.O 900.
Secretary Mellon yesterday re-
ouested payment to the reserve
banks Of rs per cent of the bal
ancs of credits arising from the
ksale of Treasury certificates and
Fthree-year notes as of Septem-
This will take 3O.OoO,O 900 out Of
the banks and will leave about
ssO,ooO,OOO credits remaining with
them.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23
Dry Goods.

Opposite tendencies appeared IN
dry goods channels last week. de.
mand increasing in some quarters
and diminishing in other directions.
On the whole, the situation was
quieter. but the change lacked sig.
nifcance. Efforts to hasten current
shipments reflected the possibility
Of transportation difficulties. yet the
threat Of a strike affected textile
markets only moderately. with the
advancing season, more buyers have
come to the leading centers TO nur-
chase merchandise for immediate
delivery. and contracting for the
future has also broadened a little.
Records of production, however.
continue irregular. with less salts
factory conditions reported at silk
plants than at wooden and cotton
mills Talk Of further wage reduc-
tons in the New England manu-
featuring field has subsidized, for the
present at least
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23
Failures Last Week.

figures for one more business
are included in the statement.
uEes in the United States last
* not unnaturaIly exceed those
the previous week, numbering
This, total comparet with 375
FIVE days the previous week, and
ntrasts sharply with the 212 de-
Its reported to r. G. Dun & Co.
this week of last year. OF the
st weeks insolvencies, 236 had
bilities of $4,000 or more in each
stance, which IS $50 per cent OF
aggregate number. The previous
eek, when there were 232 similar
aiIures. the ratio was 61.9 per cent
rhiIe in this week of last year,
krith IO1 such defaults, the ratio
Sgas AIS per cent.
Numbering IS. Canadian insolv-
encies last week compared with AZ
the previous week. when the. state
meat embraced figures for only five
DAVIS, and with 10 in this week or
1920. The number of failures in
voIying $1,000 or more of liabilities
in each case last week is 80, as
against II the previous week and
a year ago.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23
ERRATIC TRADING, !,
PREVALSN SHOMa
n. STOCK PERIOD,
Rails Feature Activity,
Advancing Swiftly Afdey
ter Poor Start. I sDo
LOSSES RECOVERED
Dizziness Characterizes For
eign Exchange; Decrease ID
In Clearing House SurpIus.S

NEW YORK. Oct 22.-IrreguIar-
lty characterized the short session
in the stock market with fairly &C
tive trading. The rails, which were
slow in getting started. came out in
greater volume during the last half
hour and lost earlier gains, reces-
sions In many OF the leaders vary
ing from one-eighth 70 a full point.
Northern Pacific after getting up
TO high Of 7Ih broke a point 20
70 and Great Northern also sold OF
half point Union Pacific was an
other weak issue, getting down IL
below yesterdays close. Among the
tndustrials Houston Oil made a gain
OF 6 points to-7l. Mexican Petro-
leum, which opened firmer. broke
sharply on unfayorable Mexican
news. and lost all of its early gains.
Haskell and Barket and Pullman
were up over two points each.
Exchanges
Dizziness was the chief character
lstic OF the foreign exchanges, with
slight recessions in some European
rates, although business was so
small that there was no marked
tendency in either direction. Ster-
ling was down Y at s3s2z and
Belgian francs were / point lower
at S7.llh while French francs were
steady at 7-26h. German marks
lost point in receding TO So. The
Far Eastern exchanges were arm but
very quiet December wheat opened
Y lower at sl.07% rallied a fraction
and then eased of a couple OF points
on selling by yesterdays buyers. fol
lowing news of a reduction in grain
rates by the Interstate Commerce
Commission There was no partic-
ular feature in the cotton market.
aside from some covering by shorts
in The early trading. December cot
ton opened at 1912, or points
from yesterdays close, made a high
of 1880, declined 20 1885 and then
recovered to the opening price
Clearing House SurpIua.
A decrease OF $4l.5Ss,s6O in the
surplus reserve Of the clearing house
banks resulted in a deficit in this
item at the end OF the week OF 81
5S5.47o. Loans and discounts de-
creased $4,000. 900 and there was
decline in the reserves Of the mem
Der banks at the Federal Reserve
bank Of 3sl 500. 900. Deposits mean
while increased to the extent Of
$SS.02s,oO0.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23

a partial step In that direction.
| believe that complete recognition
Of the cooperative principle in
wolves a practical economic revolu-
ton and that it would paralyze in
dustry until We arrive at a salts
factory solution of its many prob
lens; because, while we understand
cooperation as affecting manufac-
turing and distribution. we have
hardly begun to think of its ap-
plication to agriculture, and the
farmer will not permit the adop-
ton of principle applicable
against him on all the products he
purchases and not applicable to
those he produces.
Cooperation and Competition.
Il am quite sure we are not
ready for such a radical step. and
question If we are ready to apply
the principles of cooperation TO the
production of the Ave great raw
materials, namely: Coal. iron, aum-
Der. oil and copper. / shall be dis
appointed in this conference II II
does not face this situation and
recommend a step towards Coop
erative business organization. We
must not be afraid of that step.
For thirty years we have floun-
dered through a mass OF restrictive
LEGISLATION in an effort to compel
competition as illustrated in, the
Interstate Commerce Commission
and the Public Service Commission,
and this effort can be plainly called
an error which has accomplished
nothing. In 1918, disregarding these
presidents, we organized co-opera-
lively our banks, and thus we have
already made the first step towards
cooperative organization and did
so in the nick of time.
Our nationally organized banks
have just ridden through the great
est financial storm in history. main
tanning financial stability through
out a period of great inflation,N ana
we can now confidently say that
they have handled the much more
difficult problem of deflation with
equal success because We have
passed its greatest difficulties.
This financial legislation was
one of the first steps of Industrial
reorganization and the most i'm
portant. The next step, as l see It.
is the national organization of coal
mining and distribution as the most
important move affecting the price
of every material and its transpor-
tation. Cheap coal Is necessary TO
maintain our position in the world
market for our surplus products,
and coal mining under competitive
conditions has reached the pcint
where reorganization is essential In
any event. The argument as to
which industries should be reor-
ganized is not here opened, but a
recognition of the principle Is i'm
portant and a step towards 1t should
be taken by this conference. The
only questions that 1 see open for
discussion are which step shall we
take and whether that step should
involve several industries or but
one. My personal preference is one
Many people believe the develop
ment Of tn etrusts Is a preliminary
step toward Socialism. instead of
seeing in them the single inexor-
able effort to avoid the wastes OF
competitive effort.
II am convinced the development
Of cooperation as exemplified dur
ing the last forty years in big and
little business is an evolution to-
ward scientific organization OF
business and that that development
is necessary to civilization"
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23
". Y. Curb Extremely
ActiUe in Past Week

NEW YORK, Oct. 22.-The New
work. curb market during the past
uaAk was extremely active, many
issues iuctuating over a wide range
mi with price movements irregular
and the market tone continually al
tarnating between weakness and
Ltrength. The result OF the week
kadIng was substantial advances in
NV issues. Burns Brothers b when
Id after reacting to 271a moved
$50 and Farrell Coal was trad
Il 15Z to TN. Glen Alden
Is another strong feature,
uom 81 to 41S. Special In
attached to Gillette Safe
(which rose from 161 to
Is Company moved up
at deal Of vigor toward
the week in connection
ection Of representatives
hit banking interests |
rate.
REYNOLDS "B" stock was
at "a Ia to 80 u. Durant
owed up from "a to 25%,
hcoln Motor dropped from
ative interest was concen-
hrgely in the petroleum Is
ID some Of those made vio-
kances. The most prominent
ties Service common. which
up from 1874 to 1872. but lost
part of the gain on a reac-
the end Of the week, Bank
hares and the preferred stock
made good advances but lost
Of the gains when the COM
stock reacted.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23

Total sales 3Ie6o against
week ago. 2O6.2s5 and 10000 ago
From January to date 1873 9OO year
ago, and 23s 1922 years ago
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23
Starts New Row

The Howenstein Company has Just
started the erection of Ave new
houses to be built on Second street,
between w apd Adams streets north
west They will have six rooms and
bath, hardwood finish and hot water
heat
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23
LOCAL

Cw. y. Hibbs a Co. Hfbbs Bi1E-
nenbers ;washingtes STOCK
ExehanssD
STOCKS.
SALES.
ws.hinEtOn Gas 7hs 1900 at los, $500
nt l05k.
washington Ry Fenl O.. 1900 at o.
Potomac EIec cons 81. 1900 at 90, 81. 900
81 SO, 1900 at s5M, 1000 at s5k. 81, 900
at ssh. $1,000 at ssh, $1,000 at s5k.
Capital Traction. 9 at IS.
Washington ny and EIec com, p at g
20 at %.
AFTER GALL
Capital Traction, 5 at So.
The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-10-23
REAL ESTATE LOANS

Negotiated quickly and satisfactor-
lily ON homes, apartments and bus
mess property, amounts 500 to
100000 or moret interest and
per cent. Consult ms.
VIM. S. PHILLIPS
1900 N. Y. Ave. main %
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-01-07
Heart Problems
Dear Mrs. Thompson: Pie,

Dear Mrs. Thompson: Please print
a skin whitener. H. J. K.
A teaspoon Of the tincture Of ben
zoin to an ounce of rosewater forms
a well-known lotion, which is excel
lent for whitening the skin.
Dear Mrs Thompson: About three
months ago I was introduced to a
young man who is very good looking
and has very prosperous business
! am private secretary to one of his
business friends. who introduced US.
Since that time l have gone with this
young man almost every night, but
have no intention whatever of marry
ing him, and neither do l think he
has any intention of marrying me.
What we are out for is just a good
time.
The other day while out to lunch
with said young man, when passing
a ladies' ready-to-wear store I casual
ly remarked upon the beauty of an
expensive fur coat in the window,
never thinking that he was listening
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-01-07

and had many good times but lately
! found out she had been correspond
ing with another fellow out OF town.
He was in town few days ago and
he came to see her. Since then she
doesn't seem the same toward me.
There is another girl who has been
seeing me every day and have walk
ed home with her once or twice and
she seems quite affectionate and has
invited me to call on her some time
Which would be the better. to let
the first girl alone and 20 with the
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-01-07

second one. or not? !: really think
like the first one best. PUZZLED.
1t is only natural that the girl should
have other friends besides you. A
little jealousy has crept into your
heart in regard to the young man from
out of town. Probably the girl feels
the same as ever toward you, but you
feel hurt and in reality have changed
toward her. Try to forget about the
young man from out of town, and do
not refer to him or that you have
noticed a change in her conduct to-
ward you.
would advise you to remain true
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-01-07

to me. When yesterday afternoon l
reached my apartment found large
package awaiting me, and when open
ed, 10 and behold, there was the same
coat that saw in the window.
Shall keep the coat or return IT!
/ am sure he would be angry should
l return it, but / don't much like to
keep it. PUZZLED PEGGY.
Return the coat. The man Will
respect you more and probably like
you better If you refuse to take 1t.
He knows, without a doubt, that ne
should not ask you to accept a GIT
of so much value.
Dear Mrs. Thompson: am young
fellow eighteen years Of age and am
very fond of girl of the same age.
I have taken her a great many places
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-01-07
.PENNSY EMPLOYEES
SET BANQUET DATE

February % was chosen by members
Of the Pennsylvania Veteran Employees
association, as the date for a big
banquet and get-together meeting, at
a session held Thursday night.
I'VE wish to promote the spirit Of
brotherly love-" said J. w. Finfrock,
president of the association. "Our Or
ganization is for the purpose OF hav-
ing a good social time, and to become
better acquainted with one another"
1t is very difficult to get all mem
bers of the association together for
any one meeting as individuals are
often at duty when meeting is held.
Each member is a veteran employee
with 20 years service or more.
Automobile pawn shops have been
established in New York and New
Jersey.
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-01-07
PANAMA TONNAGE.
(By Associated Press)

PANAMA, Jan. 7.-During the calen-
dar year of 1920 ships numbering 2,S14,
with a total tonnage of 10,37S, 900 tons
and carrying 1926, 600 tons of cargo.
passed through the Panama canal, ac-
cording to an official statement made
here.
This established a new high record
for the great waterway, exceeding the
The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-01-07

to the first girl. From what you have
said I should imagine that would
like her better, too.
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-03-13
sIY MOTHERS pI1!.E


Whats in nance Often more than
we know or might admit. The ques.
ton OF naming a child is worthy Of
much consideration, and fortunate the
one whose parents are successfully
conservative to eliminate the fanctiul
from the list of possibilities. one gift
for which have been always CRATE
full was the simplest TO be found. My
mother. however, with a hope that her
baby might fulnll her secret ambition
added a second Understanding one
which could never be lived up to: but
has furnished a very useful initial. a
friend who recently spent some time
searching for "A cook among the col
ored people said he had forgotten the
name of the one employed for none
interviewed had names of less than
three syllables and guaged their merit
by the length and unusual combina-
tons
A modern Diogenes may one day
discover a descendant Of a Scotchman
who is not proud of the remotest
claims to this relationship; if So he
will have made rare discovery. Sev-
eral years ago an American woman,
realizing how easily a perfect family
tree, with every undesirable branch
Topped off without a trace Of a scar,
boldly asserted that the ancestors
whom she would be most delighted to
honor would not share her pleasure
in the link Of blood
one day she was enjoying the real
ization Of long deferred hope-a
visit to Edinburgh Disguised by the
swarms Of dirty little beggars, equalled
only in Naples in numbers and un-
cleanliness. she vaguely wondered if
her grandfather had remained among
his native hills and heather would she
have been formerly included in such
a crowd--for it seemed impossible for
many Of the juvenile population to be
missing. A few days later she was
standing in historic st. Giles aimlessly
glancing over memorial bronze in
scription, honoring the names of a
gallant band of Highlanders, who had
given their lives for their country
Suddenly her attention was arrested
by a fimiliar name-the exact name Of
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-03-13

an uncle. VINO. too. had sacrificed his
young mans strength on the altar Of
the Confedorocy. Unquestionably the
two We're related. and the memory Of
the invalid uncle, suffering bravely
many years and dying in obscure pow
erty, the survivor of a lost cause"
brought tears TO her eyes and thrill
to her heart, as she conuasted his
life, at the same time linking it with
the relative who died gloriously on
the battle field As she turned from
the hallowed spot, she would have
gladly taken To her arms and heart
the dirtiest little urchin TO be found
and nothing could mar her pleasure
in this bonny country.
The Hebrews, more than any other
race, have known the value of care.
fully preserved family record, which
was kept unbroken $500 years and
even after captivity, we learn from
Ezra and Nehemiah that the same
care was exercised. "Josephus states
that he traced his own descent from
the tribe of Levi by public registers
And he informs US that however dis.
persed and depressed his nation We're
they never neglectde to have exact
genealogical tables prepared from the
authentic documents which were kept
at Jerusalem; and that in all their suf-
ferings they We're particularly careful
TO preserve these tables and have them
renewed from time To time. Since,
however, their destruction as a nation
by the Romans. all their tables Of
descent seem TO be lost, and now they
are utterly unable To trace the pedi.
gree of any one Israelite who might
lay claim TO their promised and still
expected Messiah
These tables We're necessary in es-
tablishing property rights, since spec
iGied portions of land We're allotted to
each tribe as an inalienable possession.
In the New Testament mention is
also made of their use as a basis for
taxation. From a higher motive these
tables We're required from the mo.
ment that the voice of prophecy de-
clared that the promised Messiah
should be of the seed of Abraham. Of
the posterity of Isaac, of the sons of
Jacob, of the tribe of Judah, and Of
the family of David
The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-03-13

Because these records are OF great
value. il is natural that they appear
frequently throughout the history of
the Hebrews. In attempting TO es.
cape from the long lists of unpro-
nounceable names, it is easy To over
look intensely interesting episodes. con
densed biographies, bits of gossipy
news-or the meaning of child's
name suggested by the grief or hap
pier emotions Of the parents-hidden
like nuggets of gold in their midst
In the fifth chapter of Genesis. we
find practically all that is known of
one Of the most unique Bible char
acters, Enoch. The Oldest son of Jared
and father of the long-lived Methu~
saleh, ''he walked with God three
hundred and sixty and five years and
was not for eGod took him" a place
Of honor was given him in the faith
chapter Of Hebrews. by faith Enoch
death; and was not found, because
God had translated him. for before his
translation he had the testimony that
he pleased God"
Standing by the open grave of a
man or woman cut down in the noon.
day Of a useful, noble life, we some.
times wonder why this one should go.
while others of a little worth live
aimlessly on and on; and an effort is
made to find a sin which has brought
about this punishment. The first two
men who merited Divine approval, were
taken at an early age-Abel, by his
brothers malice, and Enoch presum.
ably for his sanctity.
Death often is q punishment for sin
against the laws of nature; but the
pattern for life's weaving may be
quickly finished, and the patient weav-
er receive the reward of rest and
greater happiness than this world Of
fers, before the ravages of time have
marred the body, mind and soul, and
left a sting of bitterness to quench
the sweetest spirit
Perhaps because of his miraculous
translation. as well as his piety, the
Jews have woven many traditions
around the meagre descriptions, and
attributed to him unusual mental gifts,
as the inventor of letters, arithmetic
and astronomy, and the author of the