davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-07-28
MEAT EXPORTS
DROP ONE-HALF
Quantity Is Only One-Fifth
Smaller, Analysis
Shows.

Exports of meat products during
the fiscal year just ended were only
q fifth smaller In quantity than
during the fiscal year 1920, but the
value was less by almost one half,
according to an analysis of official
figures issued yesterday by the In
stitute Of American Meat Packers
through its Washington office. The
statement says:
Total exports of meat products
during the twelve months ending
June 80 amounted to 1.667.050.642
pounds. worth s314.649.s60. as COM
pared with 2.066,995,sS9 pounds.
worth S5s4.S7s,166 for the same pc
riod in 1920. This decline in value
OF nearly $500, 100000 reflects graph
ically the decline which has oc-
Cured in wholesale meat prices
during the last year.
Exports for the month of June,
1921. as compared with June last
year. shrunk only IL per cent in
quantity, but the value declined
more than a half.
Although the United States i'm
ports small quantities of mea,
products from other countries, they
are relatively unimportant. since
this is by far the greatest meat
producing country In the world.
Import figures for the twelve-month
period ending June 80 are not avail
able, but imports for the calendar
year 1920 totaled only 10000. 900
pounds. apparently a large amount
numerically, but actually less than
nine-tenths of l per cent OF the
total amount Of meat and lard pro-
duced in this country last year
G7.sS7.000.000 pounds) or only
about a pound and a half for each
inhabitant'
The Washington herald., 1921-07-28
WORKING PLANS
T1MELYWALLSTR

wages OF farm labor ana . return
somewhere nearer TO the economi-
cal practices Of pre-war times.
Hesviness continued in the sugar
stocks despite a stiffeninx I'm the
price Of refined sugar and the an
nouncement that some o. the prin-
cipai renners including the Ameri-
can Sugar Refining Company and
the Warner Company had reentered
the market for the raw commodity.
The latter concern quoted a price
OF . cents on refined sugar tins
morning. - n
Wall Street has not been over
looking the fact that the Improve
ments which railroads have been
able to show in net operating in
come In the face of shrinking gross
income has been due In no small
measure to the curtailment of ex-
penditures for maintenance of way
and equipment. At times observers
OF the railroad situation have been
mildly apprehensive lest economy m
this direction be carried too far.
But little bits OF news coming out
during the past few days sugges.
that the roads were awaiting the
wage reduction effective July / be-
fore resuming normal maintenance
operations. The Pennsylvania has
offered to employ hundreds of shop
men in Its Wilmington plants on
piece work. Other roads are CALI
ing back shop workers who have
been idle for long time.
Inactive trading in Mexican Pc
troleum and Pan American Pc
troleum issues Is taken TO indicate
that liquidation has been completed
and that bear forces have ceased
thelr attacks on these two issues.
The attack on Mexican Pete dur
ing last several months had effect
OF forcing liquidation on the part
OF certain old-time stockholderx
but the position OF the manaeement
remains unchanged and its control
over the properties was never better,
Mexican PeuroIeum's earninrs
curing current year are being made
largely on its sale CT gasoline un-
oer contract at satisfactory prices
Any change in prices for sale OF
gasoline for next year will be deter
mined naturally by conditions pre-
yaiiing At a later date. but Mexica a
petroleum can lay down gasoline
on eastern seaboard Of the United
states at as low a price as any re.
nner. and IL can be stated the man
agement anticipated no difhculty in
disposing OF its products under
favorable circumstance in any
market
The Washington herald., 1921-07-28
COFFEE MARKET.

NEW YORK, July 27.-Interest IN
coffee futures was decidedly pas
sive today. which was not surpris-
ing. IS :here was nothing IN the
situation to stimulate activity on
either side.
Nevertheless, the tone was again
slightly firmer. sales being made al
l. to points above previous clos
ing levels.
Trade houses wishing to take in
hedges against sales of actual cof-
fee were ready buyers of Septem-
ber from longs who wished to liquid
ate or transfer their holdings to
more distant deliveries. The re-
mote contracts were in fair demand
may have been acting on foreign
orders.
The public cable quoted Rio un-
changed TO 100 reis lower and Son
tos 5s reis lower to rs reis higher.
Rio exchange on London was 1-1sd
lower at 7Sd, while the dollar rate
was 225 reis lower.
Private cables indicate continued
firmness among Santos shippers,
Yesterdays sales included Bourbon
4s-5s at 9.25c, and Z. and 3s-4s
at 1oc.
Today's offers were: Genuine Bour-
bon As at 9.S5c; 4s-55s. well de-
scribed Bourbon. at $500. and high
ly' described Bourbon 3s at lie.
Spot markets are dull, with auo-
tations nominally unchanged. viz:
Rio rs. 6h to 6ssc; victo-ias. 6k
to CSC; Santos As, 81 to sSc.
The Washington herald., 1921-07-28
BIG DEMAND FOR
BINDER TWINE

SCALGERY. Alberta-rhe demand
for binder twine in the prairie pro-
vince of Western Canada is an in
dication of the bounteous harvest
that is expected this year. Dealers
estimate that 55.Oo0.oOo pounds Of
this twine will be required. This
quantity is more than twice that
which was used in 1890. The main
season has not yet opened, but the
United Grain Growers report that
they have already sold S.5O0.0oo
pounds of binder twine this season,
and that orders are pilinG up rapid
ly. Last year this organization
handled 100000 pounds of binder
twine.
The Washington herald., 1921-07-28
(BY THE WASHINGTON

~ URING the war Australia devel-
II oped into an Important trad
II ing country with the United
States. While In the past about 70
per cent of Australia's trade had
been carried on with Great Britain,
the war so changed matters that
the above figure was reduced to
about 40 per cent and we began to
supply about IS per cent Of Aus
tralia's imports and to take some
10 per cent of her exports
Now that the war Is passed 1t is
interesting to observe whether
these trade conditions are to return
again to the pre-war condition or
whether we can continue to hold
Australia as an export market
Australia as a whole, about as
large as the United States without
Alaska, with a population of only
about 100000 will be an exporter
of raw materials to a large extent
and can offer but a, small market
for our goods except when the
prices of her exports are at favor
able levels.
Since 1904 Australia has had a
constant excess of exports of mer-
chandise except during the period
1a12-16 when imports exceeded ex-
ports This balance of export trade
has fluctuated widely as indicated
by the following table:
AUSTRALIANS EXCESS or EXPORT
TRADE. -,.. =. ...g-.
The Washington herald., 1921-07-28

NEW YORK, July a7,-Despite
sharp reactions in number Of In
dustrial speciaities. the main body
of the stock market held firmly to-
day. A twenty point reaction in
United Drug. and heaviness In Rail-
way steel Springs and American
Steel Foundry, were isolated cases
and were treated as such by the pro-
fessIonais who continued. in control
Of the market. After a slow re-
sponse during The first two hours to
the steel corporations earnings
statement, steel common finally
climbed above "a. Other steel stocks
were steady. In the afternoon .
slow movement in traction stocks
gained impetus and resulted in large
gains by Third Avenue, Interborough
and Brooklyn Rapid Transit. This
rise was a companied by good de-
mand for Interborough bonds ana
notes.
United Drug stock has become
notedly a disturbing factor market
wise. but also a mystery whicn
wall Street tried TO solve today
without arriving at any conclusion.
net loss OF SH points yesterday
left the stock at TAX. II was
plain that a large number of orders
to sell "st the opening today mao
been filed overnight for the market
was SO difficult that the initial price
was 5k points under yesterday
closing. From 6s the stock declined
to s5h before finding any support.
Market observers. lacking any de-
finite knowledge of the cause for
this weakness. ran through a lis,
of the probable reasons. The direc-
tors are not scheduled to meet for
dividend action until the first week
In September. United Drug had q
large inventory account on the date
OF the last offical statement and IL
was burdened also with large bank
loans, part of which were to have
been retired out of part of the pro-
ceeds of the sale of $4,000, ,ooo
twenty year s per cent notes. These
notes were offered by a syndicate
early In June. Today's price Of IS n
was the lowest since 1917. The stock
sold at 1os earlier this year and was
as high as l4S last year and 175H
in 1919.
The stock market community was
neither surprised at nor greatly
elated over the 5 per cent call money
renewal rate this morning. No
great satisfaction was expressed
either with the offering of time
loans at 6 per cent and the reports
OF few actual transactions at that
rate for periods up to ninety days.
Apart from the fact that there is
no demand for call money. the sur
plus Of funds available Is due in a
great measure to the accumulation
OF money that will be needed later
to move the crops. It is doubtfui.
however. whether any OF the 30
day time money that is being offer
ed comes under the head of funds
reserved for the purpose. since the
crop movement will have been COM
pleted within the ninety day perrou.
1t is estimated that the cost of
harvesting the crops and moving
them to the grain elevators and
storehouses will be $25O.o00. 900 less
than in 1920. The estimate is based
primarily on the lower price on
grains but includes also the lower
The Washington herald., 1921-07-28
HERD TOO LARGE;
BUFFALOES KILLED

CALGARY. Aberta.-Owing to the
increase in the buffalo herd at VAIN
wright. 1000 OF these animals are
to be slaughtered. A special build
ing is being erected for the purpose.
The buffalo meat will be sent to all
points over the country for sale.
A strict account is being kept OF all
heads and skins. which will probably
be disposed of by the Dominion
government. The Wainwright res
ervation contains the last large herd
Of buffalo in the world, with about
5000 animals.
The Washington herald., 1921-07-28
Industries Back
Open-Shop Policy

CHICAGO. July 27.-Petitions
from four Industrial associations
seeking to intervene In the Penn
sylvania Railroad controversy
with the shop craft labor unions,
. now before the United States
Railway Labor Board. were be-
fore the board today. The as
sociations seek to appearl for a
hearing on behalf of the public
and In support of the railroads
open shop policy. which stand
was taken in defiance OF the
Labor Board orders.
1t was said that the boards
decision on the Pennsylyania
case. which has been under con-
sideration since July s, was prac-
tically completed. Although the
associations petitions have not
yet been taken up, IT was inti-
mated they were too late to af-
feet the case.
kilograms from the National
Association of Manufacturers, the
National Founders Association
and the National Erectors' As
ISOLATION were received at the
boards offices yesterday. Today
the Employers Association of
Chicago added its request to be
heard.
The Washington herald., 1921-07-28
'SOUTHAMERICAN 3
SHIPMENTS BEING
BROUGHT BACK
Goods Shipped Months
Ago by American Ex-
porters Returned.
FREE FROZEN LOANS
Have Arranged for Return
Freight Rates TO Be
Low.

Many goods that were shipped 90
South American countries some time
ago by American exporters. and
which have not been paid for by
Latin American merchants. are be-
ing returned to this country.
Within the past few weeks many
ships arriving from South Ameri-
can ports have carried in their
cargoes merchandise which appear
ed on the manifests as Returned
American Goods"
The return Of these Amevicsn
manufacture will figure larKel- in
ioosening up the large volume of
frozen loans in connection with ex-
ports to South america
Plans were perfected some time
ago by exporters to bring back 20
the United States considerable
quantities OF unclaimed merchan-
disc that was lying in dock and
stored In warehouses at South
American ports
With this plan now In operation.
IL will tend materially 90 relieve
the congestion. and at the same
time permit the American exporter
to sell his goods in the country or
elsewhere and liquidate his bank
obligations.
As long ago as April American
exporters complained that about
100000 600 In overdue bills and un-
claimed merchandise wss tied up IN
SoHth America. II is doubted n IN.
invoice value Of such exports Is
much IN excess Of $4,000 600
II Is not thought that anywhere
near all OF these goods will be re-
turned TO this country. Exporters
and bankers here feel that event.
ually a good part Of the shtpments
viii be worked OF through regular
channels when conditions improve.
The plan to bring these goods
back TO this country. now effective.
is IN no way related 90 the liqui-
dating plans formulated at a spe-
cial meeting OF exporters and manu-
facturers held in New York in Aprii
and organized in June. This "Or-
Esnization Committee" purposes to
dispose Of and lioHidste the goods
TO South American mercha nts
While at the time some exporters
doubted the feasibility OF returning
the American goods. owing to the
high freight cost and the custom
dues. which necessarily eat into the
original cost. Il Is said that the ex-
porters have arranged for low
freight rates. and are having their
shipments returned rather than face
the likelihood Of utter loss through
exposure. in some instances. and
deterioration.
Various classes OF goods were
shipped to South America. In the
main they were manufactured prod
rcts, such as boots and shoes. tex
tiles. typewriters. sewing machines.
farming implements. automobiles
etc.
The Washington herald., 1921-07-28
CANADIANS STAKE
RICH OIL CLAIMS

EDMONTON. Alberta--After Ming
on oil lands at Fort Norman. Walter
Murphy. David McRae. Charles Nc
Donald and Walter Colley turned
west and discovered a new pass
across the Rockies and an unknown
river which they named the Nc
Murphy. Before reaching the Pacific
Coast the,party travelled 5000 miles.
mostly through practically unknown
country. They state that the Mac
kenzie River Valley has been staked
for twenty miles on each side Of the
first discovery well and people are
still pouring in.
The Washington herald., 1921-07-28
BANK EXPERTS See
|DAYOF PROSPERITY
RETURN TO POLAND.
Industry Reveals Rapid
Strides During Year,
Report States.
MORE MEN AT WORK
New Railroads Constructed
And Great Port Near
Completion.
MORE MEN AT WORK

NEW YORK. July 27.-Poland 10
eating hack TO normal. according
to trade representatives OF tne
Guaranty Trust Company. Ameri7
can fiscal agents for the repuoiic.
These show that there is increased
production in nearly all INDUSTRY
and a steady decline Of unempioy-
ment, coupled with the revVai OF
the nations commerce.
Before the war, within the ter
ritory now comprising the Polish
Republic, s3o.2e6 persons were en-
ployed in industry. A year aso
this number had dropped to zei'ooo.
Today 1t has. grown to $4,000 ana
Is increasing steadily.
Nearly one-third of the l,eoe'oeo
home. destroyed in the war nave
been rebuilt. Nearly 5000 kiiome'
ters of new railway lines nave
been laid and a great new port Tor
river navigation is nearing compile
ton at Saska Island, near warsaw
and will be opened for tramc oy
the end of the year.
other Industrial facts cited by
the trust company's agents to sno"
the betterment of conditions are:
Coal production has reached ~
per cent of the prewar output.
Salt production has increased un-
til there is Is per cent surplus Tor
export.
In the metallurgical industries
46, 900 workmen are employed as
against $4,000 a year ago and s'ooo
in 1919.
Production of sugar. textiles. al
cohol and tanned leather-the lat
ter one of Poland's important in
dustries before the war-have also
shown a tremendous revival. al
though the tanning business Is at
present suffering from the dis
mantling of shops and the lack OF
hides
The Washington herald., 1921-07-28
Automobiles Put
r. r.. Out of Business

Automobile competition put two
branch lines Of the Boston and Maine.
in New Hampshire. out Of business.
The Interstate Commerce Commits
mission has authorized the company
TO abandon one branch Of s.Il miles
in Grafton County. and another
branch of 3.5 miles in Coos County.
The lines were built to serve sum-
mer tourist travel.
The growth OF automobile travel
has caused a steady diminution in
the passenger traffic handled the
commission said.
The Washington herald., 1921-07-28
C.. and O. Will Issue
NeID 5 Per Cent Bonds

The Chesapeake and Ohio was au-
thorized by the Interstate. Com
merce Commission nominally to is
sue ss.53s.32s.1s of per cent first
lien and Improvement 2o-year bonds
and to pledge $e.674.000 of the issue
for loan of s5,33S,ooo from the
Secretary of the Treasury.
The bonds will not be sold. but
VIII be issued to reimburse the COM
many for expenditures made and to
he made for additions and better
tents. refunding and construction.
The company has in contemplation
extensive additions and betterments
to its properties.
The Washington herald., 1921-07-28

This statement will Indicate why
Australia is more concerned with
what is done in the United States
by a tariff on wool than on wheat
We are a customer for the latter
while we produce a surplus OF
wheat. The wool surplus is usually
about three times as large as the
wheat surplus.
Whether we can hold the market
we have in Australia for manufac-
tured goods depends very largely
upon the worlds wool market. A
revival in wool consumption means
much to Australia. 1t is the only
way she can get the money to con-
tinue to buy American goods.
The Washington herald., 1921-07-28

The balance in our favor was
larger this last year than ever be-
fore. Our exports to Australia con-
sist chiefly of machinery, metal
manufactures, clothing, automobiles
and other manufactured articles.
We buy from them in turn wool.
hides, mutton, corpra, zinc and tin.
The general expectation that Aus
tralia would return to trading chief
ly with England has not yet been
realized. The Australian surplus of
The Washington herald., 1921-07-28

Our expor. trade to Australia has
shown a remarkable gain in 1921
judged by values. A favorable bal
ance has been noted the last two
years as follows:
UNITED STATES TRADE WITH
AUSTRALIA. ..'
CFiscaI year ending in June.)
Qn thousands of doilars.)
The Washington herald., 1921-07-28

stpt ...lU.U IU,S5 1O.I lU.S5
FURNISHED by W. B. Hibbs q Co.. members
Chicago Bosrd Of Trade.) IS
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1921-06-17
FROM REMOTEST
PARTS OF GLOBE
TanIac Elements Come From
Many Lands Far Away
From Here.

The ingredients from which the cele-
brated medicine Tanlac is made, come
from remote sections of the earth,
and are transported thousands or
miles over land and sea to the great
Tanlac Laboratories at Dayton. ONO,
and Walkersville. Canada.
The Alps. Apprentices, Pyrenees, Rus
sian Asia Brazil, West Indies. ROCKY
Mountains, Asia Minor, Persia. India,
Mexico, Columbia and Peru are
among the far away points from which
the principal properties of this re-
markable preparation are obtained
What is said to be the largest phar-
-maceutical laboratory in the United
States has been completed at Dayton,
Ohio, for the manufacture of Tanlac,
which. according to recent reports, is
now having the largest sale OF any
medicine of its kind in the world,
over 100000 bottles having been
SOLD in six years.
The new plant occupies 6O0OO
square feet of floor space and has a
daily capacity of 10000 bottles. Uni
form quality is guaranteed by a series
of careful inspections by expert chem
lists from the time the roots, herbs,
barks and flowers are received in their
rough state from all parts of the globe.
until their medicinal properties have
been extracted by the most approved
processes. The finished medicine is
then bottled, labeled and shipped out
to tens Of thousands of druggists
throughout the United States and
Canada, to supply demand never
before equalled by this or any other
medicine.
Tanlac is sold by leading druggists
everywhere
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1921-06-17

The best thing about all is that the
people are beginning to get it through
their heads that the national parks be-
long to them And they are begin
ming to use them. And maybe it isn't
. good thing for the people and coun-
tryl Maybe it doesn't make for ac-
quaintance and mutual respect and
democracy
| saw in the Big Thompson canyon
in Rocky Mountain National park
bunch of several different makes
from several different sections of the
country and carrying several different
kinds of families. Well, the women
were getting lunch ready and the chill
dren were playing together and the
men were whipping the Big Thompson
close by for trout. Enough said.
This 1927 civilization of ours is
pretty complex-maybe too complex to
be ''sane, safe and sober" Nature is
about the best antidote for a good
many of its ills. And gypsying by auto
mobile isn't the worst way in the
world to get fairly close to nature.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1921-06-17

wei nnaDIe to resist his longing TO De
near her.
Rejected, Bradley Headstone vowed
vengeance upon the man whom he be-
lieved responsible. In the Boffin
home. too, unhappiness was brooding
BELLA Wilfer, her head turned by
wealth, remembering poverty at nome.
SET her heart upon wedding a rich
man and discouraged John Roke-
smith. The secretary had other trou-
bles. He was trying to put together
the past. He recalled a voyage, a
shin upon which he was known as
John Harmon. He remembered COM
Ing ashore and going with a mate to
The house of Rogue Riderhood. Some
where was a room where he drank cot
foe Then stupefaction. with CLEANS
nf memory concerned with fight, a
slide. cold water swirling about him,
q rescue and decision to test Bella
by taking another name. After that
tbe discovery of the mates body, mis-
taken for that of John Harmon.
Suddenly Mr.. Boffin seemed to lose
his amiability. He was gruff with his
secretary; he turned to stories about
misers. 1.-THE more | save, the more
Won shall have,' he said to Bella, but
ahe did not like the cunning look in
his ewes. Nor was Silas Wegg aloof
from tbe lust for money. He cast COW
stous eyes upon the mounds that had
made Mr.. Boffin ''the Golden Dust
man" He explored their lowlands
and their SUBMITS, polzing about for
treasure. Perhaps there might be an
other will. He did find later Har-
mon will and cherished it as weapon
wherewith he would bleed his bene-
factor.
Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1921-06-17

CONDENSED
CLASSICS
~
OUR MUTUAL
FRIEND
~
By CHARLES DICKENS
Condensation by
Alfred s. Clark
Condensation by
Alfred s. Clark

"A SINISTER bird of prey seemed
~ Jesse Hexam, crouched in the
= A stern of dirty rowboat his
eyes fixed upon the broad waters of
the Thames, his arms bare, his hair
matted, his clothes mud-begrimed.
Twilight deepened the shadows cast
by the huddled buildings of London,
but his gaze did not swerve. His
daughter, girl of twenty, rowing in
obedience to his mods, regarded him
with fascinated dread. Suddenly he
stiffened; the bird of prey had sighted
the quarry. A Few minutes later be-
hind the boat body bobbed and
lunged. Hexam had found another
corpse, the pockets of another drowned
soul to rifle. 1t was this grisly liveli-
hood that was reflected in the fright
ened eyes of Lizzie Hexam.
The story of that find was to be
talked about in drawing rooms; in
dingy homes along the waterside and
in the comfortable bar of the Six Jolly
Fellowship-Porters; in the musty shop
of Mr.. Venus where skeletons leaped
out of corners as the fire frightened;
in Boffin's Bower behind which rose
the dust-mounds that had created the
Harmon fortune. For the body was
identified as that of John Hair
mon, returned to England to claim