davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1921-01-08
Morgan Denies RumOr
WilLys-OUerLand Control

NEW YORK, Jan. 7.-Reports
which have been current for several
days to the effect that ]. P. Morgan
and Company were acquiring con-
troll of Willys-Overland were Of
ficially denied at the Morgan Offices
today. 1t is reported also that Mr..
Durant is buying into the corpora
ton. Those familiar with Mr..
Durants methods scout this idea.
1t is quite possible that Mr.. Durant
may receive overtures from holders
of the corporations paper to guide
the Willys-Overland destinies dur
ing the next few years even though
he is at present chairman of the
board of the General Motors. In
quarters where his affiliation with
the Toledo interests is taken serious
! Iy, it is said that the question of
resignation from General Motors
would be easily accomplished and
that being given a free hand to work
out certain long cherished ideals
with the WilIys-Overland which
were denied him in the General
Motors might be an induCement.
The Washington herald., 1921-01-08
PHILADELPHIA PRODUCE.

PHILADELPHIA, Jan. 7.-Butter
steady: nearby prints fancy, 67a6Sc;
Western creamery, extra, 5Sc.
Eggs higher; nearby frsts. 6Sa
69c; do. current receipts, SIC; West
ern, extra frsts. 6Sa69c; do, firsts,
66a67c; fancy selected, packed, 81
aS2C.
Cheese quiet New York whole
milk. fancy flats, held. 27ha28c;
common to good, 25a27c; do, fancy
fats, current make, 24a24lzC; do,
common to good. 21a23c; longhorn,
held &c; do, fresh. 2619a27c; single
daisies, held, 26a27c; do. fresh,
25a26c.
Live poultry firm: fowls, not Leg
horns, 8Oa3Sc; white Leghorns, goa
SIC; spring chickens. not Leghorns,
3Oa35c; do, white LegbOrns, 27a2sc;
turkeys, fancy, 45a5Oc; do. ordinary,
35a4Oc; old ducks, choice, 34a36c;
do, Muscovy, 24a26c; geese, 2Sa32c
Dressed poultry quiet; turkeys,
choice to fancy, nearby, 5Sa6OC; do,
Western choice to fancy, 55a60c;
common to good, 35a45C; fowls,
fresh killed. choice to fancy, 34a
36C: do. small sizes, 24a30C; brOilers,
nearby. 42a47c; do, Western, 41a45ci
roasting chickens, nearby, 42a47c;
do. Western, 3la37c; roasting
chickens, nearby, 37a39c; do, West
ern, 4la45c; roasting chickens,
nearby, 3Oa32c; do, Western, 26a27c;
spring ducks. Western, 37a40c;
geese, Western, 3Oa32c.
The Washington herald., 1921-01-08

will be enacted to safeguard other
domestic Industries, during the pc
riod that will necessarily be occu-
pied in preparing a general tariff
revision.
AS the bill stands. the duty on
wool contained in imported manu-
fsctures does not bear the proper
ratio to the duty on unmanufac-
tured wool. The effect Of this would
be just as disadvantageous to the
wool grower as an inadequate duty
on raw wool because It is made more
profitable to import wool in a manu-
factured state. It will come in the
form Of manufactures.
ut is also respectfully submitted
that the new rates in this bill shall
not apply to shipments actually in
transit at the time OF final passage
This proposal is made in the in
terest OF simple Justice to those who
have already made commitments be-
fore the introduction of this measure
in Congress.
With those changes the business
Of manufacture, while not helped by
the measure, will not be put in q
worse condition than IL now is ]
cannot impress too strongly the ne
cessity for emergency legislation for
the temporary protection of the
manufacturing industries during the
long time that will be occupied in
the general tariff revision now in
contemplation"
The Washington herald., 1921-01-08
WHEAT AND CORN
FAIL TO RECOVER
Chicago Market Sees Drops in
Grain-Eievators Take
Big Lots.

CHICAGO. Jan. Wheat was
heavy today. 1t suffered a severe
break at the start and scored a fair
recovery later. Eastern exporters
took about a million bushels but
constant support was needed and
was not available. The grain I'm
ished to 2z lower.
Corn went down with wheat at
the opening but the market received
excellent support on the break. A
great deal Of buying was credited
to a leading elevator concern. Re
Ceipts showed a reduction. Country
offerings of corn were fairly heavy
but at prices slightly above the
market quotations. Futures were
S to sc lower.
Oats suffered moderate price
losses. There was pressure on the
less deferred delivery from cash in
terests and this, with the decline
in other grains caused a depressing
effect on values. Buying was mainly
against bids. Receipts are holding
up. Oats declined II to &c.
Rye was &c higher with cash
selling at $1.62 to S1.63la. Barley
ruled unchanged.
Provisions were inclined to be
firm at the opening but prices soon
worked to below the previous fin
ish. Buying orders for lard held
by commission houses caused the
early frmness, but pressure from
packing interests was responsible
for the quick change.
Following are today's quotations on grain
and prOyiSionS.
The Washington herald., 1921-01-08
No Demand for
7 Per Cent Call Money

NEW YORK, Jan. Leading
bankers said today that it was diff
ficult to put out call money at
per cent. Millions upon millions so
to speak, are offered at that figure.
with no urgent demand In time
funds there is very little business.
Occasionally loans are being made
at ~ per cent for thirty to ninety
days. but otherwise quotations are
entirely nominal. The pressure OF
call money. however, may bring
about an easier tone in fixed date
funds. Some loans are being made
at per cent on Liberty bonds.
More business is being done in
prime mercantile paper under per
cent minimum, which has ruled for
so long a time. Some transactions
are reported at ~ per cent.
Prime bank acceptances~ continue
firm in tone with an exceptional
demand for prime New York sO-day
eligible member banks. u
The Washington herald., 1921-01-08
FREIGHT TONNAGE
INCREASE SEEN in
R. REPORT
Revenues for Traffic in
Part of 1920 Also
Rose.
THE MILEAGE JUMPS
Comparison With 1919 Shows
Growth in All
Branches.

Industry is achieving the long
awaited postwar momentum, it was
indicated here yesterday in rail-
roads reports to the Interstate Com
merce Commission. showing reve-
nues and traffic volume for the first
nine months OF 1920.
Tremendous increases were shown
by the reports in the freight ton
mage. freight revenue, and revenue
per ton mile. as compared with the
preceding year.
Commodity production has eXpe-
rienced a big increase. the reports
indicate, giving promise of an out
pouring Of goods and permanently
lower prices.
Freight revenues increased ap-
prOximately II per cent during tn
year. while the revenue per ton
mile was boosted per cent. The
increase in the volume of freight
was approximately IL per cent.
In the first nine months of 1920
revenue tons of freight carried. in
Guiding tons from connecting car
riers. totaled 1862. 500. 900. as com
pared with but I.4s2,lOO.OOO in 1919.
Freight revenue was reported as
totaling $1,000, ,S91.lS3. as compared
with s2.563. 80. 645 in 1919. while the
revenue per ton mile jumped from
966 cents in 1919 to $50 cents in
1920.
Passenger revenues showed an in
crease of approximately Z per cent,
the total for 1920 being S946.SS7,537
as compared with S8S2, ,659.371 in
1919. The total number Of revenue
passengers carried Increased from
S7S,22F644 in 1919 to 937,9O6,459.
The Washington herald., 1921-01-08
CaIUin Champions
Cotton Exchanges

The cotton exchanges were de-
Tended as essential to the cotton
growers by F. A. Calvin, Houston,
Tex, former president Of the Farm
ers' National Union. in testimony
yesterday before the House Agri-
cultural Committee, considering leg
islation to restrict speculation in
necessities.
IF we have no cotton exchanges,
we will have a Carnegie or a Rock
efeller of the cotton industry" Cal
vim declared.
He said that without the cotton
exchange the farmers would be
without information on prices at
which they could sell their product
and that there would arise an In
dividual dictator of the trade who
would arbitrarily set prices.
The Washington herald., 1921-01-08
Bank Securities Squirt
On Favorable ShOlUings

NEW YORK, Jan. 7.-Rumors of
large earnings made by banks and
trust companies and confirmed in
part by statements thus far issued
have caused a considerable advance
in Quotations for this class of Sc
curities. The Guaranty Trust Com
pany, for instance, has advanced
from 2SO to 800 within the last
week and unoficially it is reported
that small lots have changed hands
Just under $50. Liberty National
Bank stock has advanced from 800
to 375. and most of the other bank
ing stocks are up from Is to 40
points since the first of the year.
The Washington herald., 1921-01-08
SHARP INCREASES
And BIG TRADING +:
FEATURE STOCKS
Transactions on Gotham
Exchange Million and
Quarter.
TRADERS SCRAMBLE
Better Class of Industrials
Feel Strength Of
Buying.

NEW YORK, Jan 7.-Activity was
quite pronounced on the stock eX-
change today. Transactions sp-
proximated a million and a quarter
shares. The upturn in most issues
was substantial. and in some cases
terAtional Paper. Industrial Al
ing were not particularly impressed
with its character. II appeared 70.
consist chiefly OF operations against
the shorts, or a scramble on the
part Of the commission house traders
to buy the lower priced issues.
mostly indUstrials. although a few
OF the rails were embraced in the
movement.
The better class Of industriaIs was
by no means neglected, as American
Car and Foundry. Baldwin, Steel
and a few others. which rose
sharply. Strength was most pro-
nounced, however. in stocks like In
ternational Paper. Industrial AL
cohol FreepOrt and Texas. Coca
Cola and certain OF the specislties
New Haven was strong and Their.
was aggressive buying OF Mexican
Petroleum.
There was very little news 10 ar--
count for the OUtbUrst Of activity.
which was more pronounced than IJ
was yesterday. That il was not all
speculation and that the investor Is
a participant in the recovery. was
indicated quite clearly by the fur
ther sharp rise in Liberty bonds and
the general interest which is being
taken in all the solid class Of Sc
curities.
Probably no news is necessary. as
il is believed that even now the
general market level is far below
that which is justified by the coun-
try's business situation and the
specific condition OF the various
Companies and their securities
Sterling recovered part OF its
! loss Of yesterday. Continental cN-
changes were generally higher al
| though pesetas were down. Money
was : per cent
The Washington herald., 1921-01-08
SALES OF COTTON
CAUSE RECESSION
Prices Gain in Afternoon and
Close at Net or
Higher.

NEW YORK. Jan. 7-Proft tax
ing caused recessions from the top
in cotton today after the market
had been quite firm. Active hedge
selling against yesterdays transac-
tions Of about 10000 bales in South
ern spot markets caused a decline
OF to 80 points at the start New
Orleans and Wall Street interests
also sold, but the offerings were
absorbed so well by room shorts
and new outside buying that sharp
rallies soon followed. At the end OF
the first Is minutes the list was 10
to 20 points above the opening level.
AtCut l2 notices were issued early.
Early advances met considerable
realizing. but after the first hour
there was no selling pressure from
the South. while there was buying
by the trade and commission houses
or all setbacks. The list developed
considerable firmness, prices rising
to a net gain of p to 81 points in
the afternoon. January displayed
relative strength, despite expecta-
tions OF large deliveries on con-
tracts.
There was a reaction Of 80 points
late in the day. Final quotations
were net unchanged to % points
higher.
Spot here was steady with mid
ding 25 points higher at 1915; there
were no sales.
Spot at New Orleans was steady
with middling unchanged at l4c
the sales were 1919 bales.
Receipts of cotton in bales at some
OF the leading points today were
Galveston. S.3Ss: New Orleans, T.
5S1; Savannah, SIPS; St. Louis, l5,-
747; Houston. 1851.
Following are today's tstions.
The Washington herald., 1921-01-08
Recommends $500, 900, 900
For Commodity Exports

Recommendation that Congress
allow at least $500, 900, 900 for the ex-
portation of farm products through
the War Finance Corporation was
made to the House Banking and
Currency Committee yesterday by
Benjamin c. Marsh. of the Farmers
National Council.
He also urged the creation of a
commission of five or seven mem
bers to aid in the collection and sale
of farm products abroad.
The Washington herald., 1921-01-08
Bankers Look FOrIDUd
To Rail Action Monday

NEW YORK. Jan. Bank crs
here are awaiting with keen an
ticipation the action 20 be taken
by the Railway Executive Associa-
tion Monday on the labor problem
The executives began their session
at the Grand Central Station today.
but the Street is really awaiting
the announcement OF policy toward
labor as the most important decision
TO be made during the present con
ference.
The Washington herald., 1921-01-08
Untitled Steel Orders
Expected to ShOLC Loss

NEW YORK, Jan. 7.-Estimates
Of the untitled orders statement OF
the United States Steel Corporation
to be issued on Monday. in quar-
tiers usually well informed are for
a decrease Of approximately 1000
900 tons. 1t has been anticipated
that railroad buying would take up
a good deal OF the slack but ap-
parently this il not the case. The
stock was very strong all day and
il is reported that a large short
interest is getting nervous.
The Washington herald., 1921-01-08
Dull Mill Trade Due
To Limited Buying

CHICAGO. Jan. = Flour mills
have been running considerably be-
low capacity for the past six to
eight months, according to Thomson
& McHinnOn. for the reason that
the -four trade and consumers have
been buying only as Immediate
necessities indicated, there being no
provision made for future require
ments 1t is fair to assume that
the accumulatiOns of -four at all
points are at minimum and this re-
volt of buyers seems about ended,
there being numerous instances
during last week of more interest t
in .he -four trade. During the
period Of apathy on the part of the
domestic buyer, foreign countries
have taken largely of the North
American surRus shipments, since
July /. tOtalling some 77,0OO,0 900
larger than a year ago.
The Washington herald., 1921-01-08
METAL MARKET.

NEW YORK. Jan. Bar silver
domestic, 9912 cents. unchanged
Foreign. 66H cents, off 1% cents
Copper. spot. January, February
March, 12%a13l2; market dull.
Tin (Straits shipments), Decem-
ber-January. 3Sa39; January
ary, 1914 a39A; February March
3SA a391a; March-April, 3SA a39
market easy.
Lead, spot, January a.,
bid; market firm.
Spelter EAST st. Louis). spot. Jan.
uary, February, March, April, ofd
555; market easy.
The Washington herald., 1921-01-08
Refined Sugar Cuts.

NEW YORK, Jan. All Of the
larger sugar refining companies an
nounced reductions in prices of that
commodity today. The National
Sugar Refining Company, Revere
Refining Company and American
reduced their prices from s cents
to 100 per pound. The Federal
Company cut the price to 7.75. The
announcement was without effect
marketwise.
The Washington herald., 1921-01-08
CHICAGO LIVESTOCK.

CHICAGO, Jan. Hogs: Strong
to 10 cents higher than yesterdays 5
average, butchers up most. Big
packers doing very little; average
cost Thursday. $945; weight. 233.
Cattle-Beef steers steady; better
grades slow; she stock steady to
lower: bulls dull; bOlOgnas, 25c
lower; calves steady yesterdays $
close Stockers steady.
Sheep-Fat lambs, 25c higher;
prime-fed Westerns, s12.4O; fat sheep
25 to soc higher; prime 1Os-pounds
ewes, S6: feeders steady; top feeder
lambs, S1O.25.
The Washington herald., 1921-01-08
CASH GRAIN MARKET.

ST. Louis cash wheat, l to 2 high
er; corn unchanged; oats steady.
Chicago cash corn steady to L
lower; oats y lower.
Omaha cash wheat and corn un-
changed.
Chicago cash wheat l to liz
higher.
The Washington herald., 1921-01-08
THE DOLLAR IN
FOREIGN EXCHANGE
CFurnIshed by American Security
and Trust CO.)

At oxford University, in England,
$50 American students are regis
tered. Cambridge has 81, and Lon
don University 40. Twenty-eight
Americans are also studying medi-
cine in London.
The Washington herald., 1921-01-08

VNuoth TONS furnlsned BY ". B, Hlbbs z
Co., Members Of Chicago Board Of Tr,de),
, 1921-06-02
PERSONALS

-F k"" "- L- ".H
James J.. withrow. manager Of the
sheridan County Electric company and
Fred Schroeder. northern distributor
Tor the S~tudebaker automobile, who
have been in Casper for several days,
departed for home on the beIated Bur-
lington this morning.
Mr.. and Mrs. Z. l.. Pickett OF this
city have left for Shoshoni. where Mr..
Pickett will nave charge of the local
telephone exchange. Mrs. Pickett
VIII assist her husband as a competent
operator.
Mrs. Z. f. Collier and daughter. Mrs.
Frank Holtzman left today for Dubois,
Neb.. where Mrs. Collier was called to
he bedside of her mother. Mrs. j.
Warrick. who is seriously i'll.
w. Riggs. who is connected with the
J. s. Brown company. has returned
rom Denver where he spent several
, 1921-06-02

climate OF he west coast IL mid, sub
tropical. tempered by ocean breezes
n Il not subject to storms Of any
character nor Is the coast visited by
trosts as In the case In the more
northeriy portions OF Mexico
All people who are acquainted with
conditions OF Mexico realize that com
mencing in October. after the sum
mer rains. there WIN DO q large in
lux OF Americans To the west coast
and such properties as offered In the
state OF S~inaioa- practically on the
main line OF the Southern Pacific ran-
road with m abundance OF water.
VIII find n ready market
During the past few weeks a mum.
Der of large tracts Of acreage on
the west "a have been purchased
by large financial interests who are
making arrangements to COLOMBO. We
know that these financial interests
have access to people In authority at
Washington II America recognizes
the Mexican government the people
who take advantage of the invest
ment opportunities wiz reap a har-
vest"
A number OF Casper people who
have interests in the vicinity of Mr..
Hiirs holdings have met him during
MS visit. Since coming here a num-
Der OF Casper's leading interests have
associated themselves with Mr.. Hill
In securing lands with which he is
acquainted 1t is probable that sew
ernl Casper men will accompany him
10 sinaloa on an Inspection tour when
he leaves here.
, 1921-06-02
MEXICO AGAIN
ATTRACTS j. s.
CAPITAL, CLAIM
Investment Possibilities Being
Seized Here as Result of
Stability Shown by New
Government

with the Harding administration
favorable to the strong goverument
which now old the reign in Mexico
and with recognition by the Amer
lean government but a matter of
weeks. according to the belief OF those
closely in touch with diplomatic cir
cles- he sister republic which Joins
Inc United States on the south is old.
ing h attention OF the investment in.
~terests OF the United States. accord.
ing to the statement OF A. b. Hin.
president of he Inaloa Valleys Land
company. who Is a business visitor in
Casper.
The lands Of the west coast OF Mex.
leo. especially the lands of Sinaloa
state. which American interests are
rowc oionizing. offer n productive field
for investment. accord.ag 10 Mr.. Hill.
Mr.. Hill received his information on
conditions in Mexico first hand. He
has spent years on the border and in
the interior OF Mexico and knows the
situation thoroughly. He will be To-
Gated at the office of Harry N. Free
during his stay in Casper.
The Mexican people. from the peon
TO the highest class ave arms extend
ed toward America and assistance.
Under the peaceful conditions which
have returned to Mexico. the antngon-
list to the American Is fast disappear.
Ing from Mexico. For the first time
in years there is n realization in Mex.
leo that the United States can and will
administer to the wounds OF long
trouble II given a chance.
After spending several months on
the west coast of Mexico during which
period l had an opportunity to visit
all sections of the coast. I am firmly
convinced that the state of Sinaioa
offers greater opportunities for in
vestment OF capital than any other
section OF the Nort. American con
tinent.
Having had the benefits OF entree
to percentages of Importance in that
district, and possessing "A knowledge
of the language and customs OF the
Mexican people. i secured after days
of dickering a tract OF land known as
Becos and FL Ca-rizal. situated
one and one-half miles from the sta
ton OF Alhaute on the Southern Pa
ciffc.
This property is situated In n dis.
trict which has produced especially
fine sugar. cane for ~ years. The
and is admirably adapted to the
growing of tomatoes, which will reach
the American market from six weeks
to two months ahead of any other
district. Up to May 10 of this year,
$40 carloads of tomatoes were shipped
ont OF Sinaloa which nettcd the grower
from s1.15 to $3.50 a box.
cc-Alf of the crops of the state of
Sinnloa a be successfully grown on
this land. such as corn. beans. sugar.
dates. cucumbers. and the trop-l
ical and s~emi-tropical fruits. !
! "Cuiciacan. the capitnl of h state
Of Sinaloa. is located about Is miles
northeast of h property which is
about IS miles from the ocean. The
, 1921-06-02
POLISH REBELS
ARE DEFEATED
BY HUN FORCE
German Defense Organization
East Of Oder Resists Attack
and Insurgents Are
Hurled Back

ANNABERG. silesia. June 10y
The Associated PrcsslEPolish insur-
gents which attacked German defense
organizations In this little village.
which is located about IT miles south
east OF oppeln and a OF tho Oder
river. have been defeated and were re-
treating n-ortheastward during the
night
Following repulse OF the Polish at.
iaek. the Germans launched a counter
offensive. driving the Poles as far as
kalinow. about three miles to the
northeast, and reports were received
during the night that the Poles were
evacuating the village OF Schimischow.
, 1921-06-02
Juvenile Dance
Artist Coming

Leonard Bickford. the boy prodigy
dancing master, who has been son
Quoting dances at the Adams and Sa
o in Denver. hns closed his contract
for the summer season and will arriv,
here today to assist the management
or the Winter Garden in entertainins
the crowds that are expected during
the summer aso He viii be here
until September L.
, 1921-06-02
Youth Suicides
In Grief OUer
Auto Accident

BOULDER, Colo. June I.-C. w.
Lawrence. IS years OF age, son Of
Henry Lawrence. local garage own
er. took a motor car from his Ia
theirs garage Monday night and dur
Ing n drive about town ran down
and seriously injured w. r. Brown
oil. 90 years Of age. Lawrence was
arrested. but released. His father
reprimanded him severely. Today.
Paul Lawrence, IL years Of age, n
brother. went to the garage and
found young Lawrence dead. n bull
let through his head. A revolver
lay near by. Friends declared Law
renee had worried continuously
since the accident.
, 1921-06-02

You have doubtless
rubbed on outside treat
ments; most rheumatism
sufferers have. Some Of
these take the edge of
the terrible pains for a
few hours, but they do
not strike at the cause,
which nearly always lies
, 1921-06-02
JUNIORS TO BE
GUESTS AT DASCE

The Juniors OF tho Natrona County
high school will be the guests at a
formal dance to be given b. the sen
Tors at the high school gymnasium
Friday night OF this week. The in
'structors OF the high school a also
been invited to this affair. Light re-
freshments VIII be served n a good
time Is anticipated by all.
, 1921-06-02
p SALE LARGE.

DENVER. Juno denver citizens
by buying poppies contributed ap-
p~roximately $3.50 to the fund for
war orphans last Saturday,
according to an announcement today
by Mrs. Lionel Ross O'Bryan, regional
director OF the American-Franco Chill.
dren's leaela.