davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-16
No Change In Raw Sugar

New York, May 1e.--The raw sugar mar
Cubas for May shipment quoted at = 7.iGc'
cost and freisht, and for June shipment al
cluded 10000 bags Cubas May shipment at
:iSssS AZ cont and asf. i,s'Ehs e LOCAL rensr
Snd 2og tons SuTas Ioas, r.s sposr IL S,sSe duty
yesterday Included %. 900 bags Cubas 3 TO tho
National Sugar Refining Company. il, 600
pany. ga. 900 bags y the Warner sugar Re-
nn!ns Company. 200 tsgs Cubas and 5000
bags Porto Ricos tc an Importer and 1000
bags Porto Nicos to ArLuckle Bros Arbuckle
Bros. this morning announced an advance OF
8 points In the price Of hard-srade sugars
wise the refined market Is unchanged.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-16

The copper market shows much
,flrmer tendency. Some OF the LEADING
selling agencies are quoting. firmly at
1914 cents per pound for deliveries ex.
tended over the next two months, while
others are still accepting business at
1915 cents per pound. However, t IS
stated In some quarters that the oner-
ings at the lower figure are gradually
decreasing, and therefore IL Is predicted
that 1871 cents will be the only quota.
tion before long.
There has been an increase In. do
nestle buying of the metal. Consume
crs in this country have been taking
larger amounts and are showing ten
dency to place contracts for their fu-
ture requirements with more freedom
than at any time in several weeks.
This is taken to indicate confidence on
the part Of the users in the present
strong position Of the metal.
In addition to the domestic demand,
there has been increased buying for
export, with Germany among the lead-
ers. Ever since the Europan nations
came into this market some time ago
there has been steady buying move-
ment, and the statements of leaders in
this country that the supply Of scrap
abroad was about exhausted has APP
been confirmed by recent de-
vel0pments. THE TRADER.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-16
|COSSIP Or
TIE STREET

The brief outline Of the s'house clean :
ing" which Seymour Z. Cromwell, pres.
ident Of the New York Stock Exchange,
gave at the dinner last Thursday, ten.
dered him BY the members Of the Phila-
de'phia Stock Exchange, is still live
topic Of discussion In financial circles,
not only IN this city. but In the metrop-
"A great many have not taken alto.
gether too kindly to proposed drastic
curatives Mr.. Cromwell and his Board
Of Governors are planning to apply.
and rather strong feeling IL growing
against what IL termed an autocrntic
policy. 1t was stated in usually we'll
Informed quarters yesterday that some
Of the biggest houses on the street, both
here and In New York, are taking
exceptions at some Of the pointed in.
terrogations in Mr.. Cromwell's .ques-
tionnaire. One banker went 80 far as
to say yesterday that II the outlined
is carried out to the letter, there II
likelihood Of some large investment
houses withdrawing their membership
1t was pointed out the profits in
bond transactions on the floor of the
exchange are relatively small, and the
greater profits Of most Of the larger
houses are derived from syndicated op-
erntions. Many Of the investment houses
pay little or no attention to the. stock
end Of the game, except in purely In
yestment purchases, which are always
outright, which means the stocks are
taken up and put In strong boxes. They
say II the stock exchange officials are
making strong play to bid for public
favor they cannot AFFORD, at the same
time, to slap the face Of members OF the
strongest houses on the Street.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-16
Brinss Dividends in Sight

Almost two months ago, during a
brief visit Of the New York resident
member of a well-knOwn banking firm.
he remarked the best money -maker on
the list for q patient holder was Ken
necott Copper. He asserted he had
the very best kind of information that
the stock was being quietly accumulated
by some of the strongest houses on the
street. The stock was then selling
around 20. The stock, up until yes
terday, failed to show the first signs
of-anlmatton but. in the meantime, had
slowly crept up In the neighborhood Of
S3. In fact, the market has been
within a range OF 81 to SO.
Yesterday, it began to show signs
oi ,i.nts s nu tnem n, ou1,sn ,nnn:n news became
started because Of report that the
Mother Lode Coalition Mines Company
will start dividends before June Is at
an annual rate Of a 81 a share. Ken
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-16
NEW YORK BOND TRANSACTIONS

10 (hat) e8A
O..,.. 20 y
U'd 8 Mexico
Large O.
5.... 02
Adams E3p -
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-16
Transcontinsntal OH splurge

:. There IL no tonic 80 electrifying to
speculative Imagination as the mere
hint Of the so.called STANDARD VI!
buying A forcible, illustration OF
which Is given, in the remarkable 1-point
upshoot in Transcontinental Oil. which
in yesterdays market was the most
active and strongest spot Of the petro.
leum group. The Standard OIL Com
pany Of California has 81 per cent
interest in q lease Of very promising
property on the Pacific side Of the map,
and on. which property, it was re-
ported, two big flowers were brought
In the last few days. The movement
Of the last ten days attracts more
attention because up to week ago the
stock was entirely friendless. No one
wanted Il, no one had faith in It and
the only side looked at was its un-
pleasant previous history.
Suddenly, some one was crazy over
It and somebody was buying it by the
ream. Then somebody discovered the
Standard OIL crowd were the buyers.
The. rest was easy.
The New York herald., 1922-01-06
PENROSE'S ESTATE
LEFT TO BROTHERS
Will Directs Executors to File
No Inventory or Ac-
count.

PHILADELPHIA, Jan. 5.-Burled witt
the greatest simplicity. as was his de-
sire, the body of Senator Penrose t.
night rested in q. brick lined grave il
South Laurel Hill Cemetery beside thai
of his father The grave, overlookins;
the East Rrive Drive OF Fairmount Park.
was devoid of flowers or floral offerings.
Guards who were thrown around the
grave after the undertakers assistants
nad lowered the bronze lined casket into
IL shortly before 9 o'clock this morn
ing, were still there late to-day.
The same great secrecy that marked
the making of the arrangements for the
funeral was maintained until the end
NO information beyond the brief obituary
notice in the newspapers that the fu-
neral would be strictly private" was
given out and 1t was not known until
the Bureau OF Vital Statistics issued
permit yesterday for inter1nent that the
funeral would be held to-day.
Only the late Senator's three brothers.
DR.. Charles b.. Richard A. F. and
Spencer Penrose. and their families
Leighton c. Taylor, his secretary. and
the nurse who accompanied the body
here from Washington were in the fu-
neral party. Four automobiles carried
them and the undertaker's assistants
from the Penrose home in Spruce street
TO the cemetery, and as the small cortege
passed into the grounds. the gates were
locked and the curious warned away
by the guards.
Mr.. Taylor said tonight that there
had been short service at the grave,
but that he did not know whether 1t
was conducted by a minister. There
were no services at the house.
The will of Senator Penrose leaving
his entire estate to his three brothers,
was the simplest of documents. 1t was
filed late to-day at the office of tile
Register OF Wills. The estate is valued
at $4,000 and upward, hut friends
said it was worth many times that sum.
There were no public or individual be-
quests of any kind.
The will was written on a single sheet
of paper and dated June 10. 1906. II
merely states that his entire estate Is
bequeathed to his three brothers, who
aIco were named as executors. The
brothers. however have waived their
rights as executors in favor Of finan-
cial institution. The executors were in
to file mo inventory or account
of any kind of my estate"
The New York herald., 1922-01-06

I proceed as far in this direction as
some OF his friends in the two Houses
favor.
Reports iron. some OF the Eastern
and Middle Western States are said
TO clearly Indicate rapidly crystalizing
sentiment against the party in power
ne President is credited with having
given more thought to this manifest
reversal of popular sentiment that have
some OF the leaders in Congress who
have been active in promoting VEN
lures that are appraised as antagonistic
10 the pledges OF the party.
One OF the most revolutionary ideas
II this line which is provoking oppo-
sition on the Atlantic seaboard would
result in irreparable damage to thc
business interests OF New York. It
is provided in bill now before the
House OF Representatives. This measure
proposes to have the United States
cooperate with Canada in a project to
open the st. Lawrence River so az
TO connect the Great Lakes with the
Atlantic Ocean. The scheme Is 10
cost s2s3,ooo,00O, which is 10 be raised
by an issue of bonds in the United
States and Canada on an equal basis.
The organization back OF the project
is to be known as the Great Lakes
st. Lawrence Association, with head
quarters at Duluth, MINI. 1t is backed
Dy SiCNSH StdNeS III lne Niluulc w cSt.
The argument advanced in support OF
1t Is that such an outlet is necessary 20
tske care of the increasing farm prod
ucts OF the West, which are alleged -
be unmarketable because OF excessive
rates of transportation by way of the
New York barge canal. The proponents
of the measure declare the water power
developed along the st. Lawrence will
more than pay for the new outlet to
the Atlantic Representatives of the
important business interests Of New
York and the New England States
have shown that control of the st.
Lawrence would be largely vested In
CanadN.
The agricultural bloc is squarely back
or this plan to divert exports and i'm
ports from the New ork barge cn~ !
and the port OF New York. The leaders
of the bloc propose to force the measure
through this session. With thio object
in view they are trying~to have 1t re-
ferred TO a special committee rather
than the Committee OH Rivers and
Harbors, which Is opposed to the
scheme.
The New York herald., 1922-01-06

rule Tor hliing vacancies they will be
successful in causing the selection of
senator McCumber On. d. as chair
man of the Senate Finance Committee.
Inc committee on committees. which
has power to fill vacancies. will decide
upon the selection of Senator McCum-
Der, who Is the ranking member CT the
Finance Committee.
What little opposition there exists to-
ward Senator McCumber's elevation to
the Finance Committee Craftsmanship
IS not based on personal grounds, but
because OF his intimate connection with
the agricultural bloc and his lack of
broad business experience.
Representatives of the more impor-
tant industrial States in the East are
naturally disturbed over the prospect
OF the control of financial legislation
falling into the hands OF the agricul-
tural bloc and OF the possible recrudes-
cence of the Congressional revolt of
1909. which resulted in the loss of Con-
81 ess to the Republican party for
causes not entirely disslmilar to those
that now prevail.
Republican leaders who view with
more or less alarm the development of
the bloc idea in legislation admit that
the underlying causes of 1t are: ~
The lack of general leadership in the
management of party affairs; (2) the
defiance of the titular leaders of both
parties in the Senate, and (3) the un-
wieldy Republican majority in the
lower House.
The fundamental cause, of course. is
conceded to be due to the Discrimination
OF President Harding to assert his lead
er ship of the party responsible for both
the executive and legislative branches
OF the Government. Some Of his friends
are thoroughly convinced that until he
appreciates the necessity for exercising
his leadership as other Presidents have
been compelled to do the .erdency of
factions committed to the support Of
class legislation will expand rather
than diminish.
The PRESIDENT is not now ready to
The New York herald., 1922-01-06
is DEFIED
BY LEADERS OF BLOC.
Continued from First Page.

farmer" on the Federal Reserve Board.
When they returned to the Capitol his
Senatorial callers impressed their col
leagues as being entirely unrepentant.
While refusing to be quoted. they per-
mitted IL to be known that they in
tended to press the bill which the Pres
ident regards as objectionable Ac
cording to some of their conferees the
three Senators who conferred with the
President told him the farmers had been
unable to secure relief by adhering to
party lines and that only by resort to
the bloc system was 1t to be obtained.
Their attitude in this respect ac-
curately reflects the dominant sentiment
Of the Democratic and Republican Sena-
tors who have decid ed to ignore party
lines in the consideration of measures
which the agricultural interests of the
country demand regardless of the ef-
feet on other lines of business. The
action OF the President in inviting a
conference with the leaders of the ag-
ricultural bloc is heralded as the first
gun in the war that appears to be i'm
pending between the executive and leg
islative branches of the Government.
May Assert Prerogatfves.
Reluctant as he is to do so, It is not
improbable that President Harding may
be compelled to profit by the experiences
OF Presidents Roosevelt and Wilson In
dealing with Congresses and assert the
prerogatives of party leadership. UP to
date the President has indicated his
purpose to cooperate with the leaders
Of Congress to the fullest extent in
carrying out the pledges made by his
party in the Presidential contest OF 1920
When the agricultural bloc was
a q Vlt 1o ut I.n to. IAv
stood to have expressed sympathy for
the purposes Of it but advocated less
arbitrary methods than those proposed
by Its sponsors. When his suggestions
in this respect were ignored in Septem-
ber the President sounded a note OF
warning to the representatives of his
party in Congress against the adoption
Of the bloc idea.
Since then he has clearly indicated
his disapproval Of it because he believes
a more desirable method to ameliorate
the condition of the agricultural inter-
ests could be found. With this object
in view he announced only last week
that he had directed the Secretary Of
Agriculture to call conference of rep
resentatives Of the farming, packing.
transportation and allied interests.
This conference has been set for Jan
uary 2S. It Is to meet at Washington,
and 1t Is the hope of the President that
its deliberations and conclusions will
be helpful in devising means for reha-
bilitating the farming industry OF the
entire country.
Leaders of the bipartisan agricul-
tural bloc have not to date manifested
any great amount of sympathy with the
conference idea. At least they are go
ing ahead with their plans for holding
up, remodeling and shaping all legisla-
ton to sustain the ambitions OF the
agricultural elements. They have nat
urally been greatly encouraged by recent
developments which have materially ad-
vanced their strategic position.
The death of Senator Penrose was one
Of these Incidents. BY insisting upon
the observance of the archaic seniority
The New York herald., 1922-01-06
1905 LYNCHED IN So
YEARS, HOUSE HEARS
Of This Number, Only $40
Were Accused of Attacks
on Women.
Special Dispatch to THE NEW YORK HERALD.
New York Herald Bureau.
WasIlinDfan N La L

Special Dispatch to THE NEW YORK HERALD.
New York Herald Bureau.
Washington. ID. c., Jan. 5.
Floor Leader Mondell stated tonight
he is convinced the anti-lynching bill.
with a few possible amendments. soon
will be passed by the House.
Mr.. Mondell explained he finds a pros
nounced sentiment In the House in favot
OF some such legislation in keeping with
suggestions made by President Harding.
Under recent rule adopted by the
House there will be eleven more hours
Of debate before a vote is taken on the
measure. In the meantime the House
will dispose of the Treasury appropria-
tion bill, which may consume several
days. and other supply bills may be
"sandwiched in to prevent congestion
and unnecessary delays in providing
needed funds for the different Govern
ment agencies.
Opposition to the anti-Iynchlng bill
comes almost solely from the Southern
Democrats. and in the opinion of Mr..
Mondell it is for the most part temperate.
They are making their fight on the
ground that Congress has no authority to
pass such legislation, that such an act
would be serious encroachment upon
the sovereign power OF the States, and 1t
would not cure the evil, but would have
tendency to encourage the outrages
which frequently lead to lynchings.
During the debate on the bill statistics
were submitted to show that. contrary
to the propaganda spread throughout the
South. the victims Of the vast majority
of lynchings were not men accused of
offenses against women. Representative
Dyer (Missouri), author of the anti
lynching bill, has records to show that
in the last thirty-f1ve years there have
been 4,096 lynchings in this country. and
of that number only $40 Of the victims
were charged with offenses against
women.
The charge this measure Is aimed at
any section. adds Mr.. Dyer. or that any
particular section of the country is in
favor Of lynchings, is equally untrue
Declaring the bill had strong support In
the South, he added:
There is no way to keep people from
committing This crime except to bring
in a law that will give the courts of the
United States jurisdiction. and thereby
bring the juries from other sections to
consider the offense-men who will not
be afraid to indict."
Advocates of the anti-lynching BIZ
declare its provisions are simple and
sensible. One section provides for the
punishment Of officials who fail to do
their duty. Another is to punish those
who participate in the lynching. and
third provision provides for fining COM
munities in which the crimes occur.
Precedents for such legislation, it is
declared by the advocates of the BILL.
are to be found in State laws in all
sections of the natbn, including tho
Southland
The New York herald., 1922-01-06
ITALIAN BANK CRASH
INVOLVES MARCONI
Large Fortunes May Be Taken
Ovivag to Sequesfration.

- LONDON, JAN (Friday). y).-The ex-
ecutive council of the Societa Anonima
Lloyd Mediterraneo, says a dispatch
to the London Times from Milan, has
made an application with the purpose OF
availing itself of the moratorium decree
issued by the Government December 2S
in connection with the Banca Italiana
di Sconto.
The Mediterranean company is a
shipping concern. capitalized in 1918 at
100,000.000 lire, but Rfterward con-
lire.
In connection with the Banca di
Sconto and the December settlement on
the Bourse, the correspondent says that
unless energetic steps are taken in time
by the stock brokers 1t is considered
likely there will be some sensational
failures.
A Rome dispatch to the Central News
says the order issued Wednesday for
the sequestration of the private fortunes
of the administrators of the Banca
Italiana di Sconto involves besides Will
lam Marconi. the president and Senators
Guglielmo Borletti. Leonardo Cattolica
and Scalini. Signor Mario Pho Perrone.
director; Signor Pogliani and seven
teen others who are declared to be
multi-millionaires.
William Marconi has issued statement
here that owing to his frequent absences
from Italy 1t was agreed with the di-
rectorate of the Banca Italiana di
Sconto that he should not be expected
to take any part in the direction of the
banks affairs.
ROME. Jan. 5 ASSOCIATED Press).-
The work Of making a clearance Of
the Bourse transactions for last month.
to-day in the clearance OF 10000
lire At Genoa the Bourse remains at a
standstill.
The New York herald., 1922-01-06
President and Leaders
Discuss Senate Issues

w T ASHINGTON, Jan. 5.-Presi-
wv dent Harding late to-day
called into conference a
group Of Senate Republican leaders
for prolonged discussion of legis-
lative prospects in the present ses-
sion OF Congress. No conclusions
were reached. Another similar
meeting will be arranged for the
near future.
Senator Lodge. Senator Curtis of
Kansas, Senator Watson of In
diana and Senator McCumber of
North Dakota participated in the
conference. The tariff, proposed
bonus for service men and other
questions before the Senate We're
discussed. it was said.
The New York herald., 1922-01-06
PRINCESS GETS JEWELRY.

Princess Frances Poniatowski. one Of
the heirs of Francis Cooper Lawrence
of whose estate the United States Trust
Company Is executor. applied to the Sur
rogates' Court yesterday for an order
directing the trust company to turn over
to her jewelry to the value of s32,070.
The application was not opposed and
was made merely to give the executor
authority to give the jewelry to its
owner. The trust company also has in
It's possession property worth 100000.
from which Princess Poniatowski re-
ccives an income Of $4,000 year.
The New York herald., 1922-01-06
HOSPITAL TRANSFER
BY u. S. IS UNLIKELY
Harding Said to Oppose Plan
for Civil Service.

Special Dispatch to THE NEW YORK HERALD
New York Herald Bureau.
Washington. ID. C., Jan. s.
Representing ex-service men. Poly
clinic and Fox Hills hospitals of New
York. two veterans called at the White
House late to-day to file a protest
against the proposal 20 put under civil
service the doctors and employees OF
Government hospitals in which wounded
soldiers are under treatment
The veterans, who were unable to see
President Harding because he was alb
sent. told Secretary Christian that elm
ination Of the Medical Corps physicians
would throw into politics the appoint
ment of civilian physicians, working
harm to the soldiers under treatment at
the hospitals.
Secretary Christian assured the vet
Grams that their views would be placed
before President Harding.
The President it was learned. be-
lieves the Government hospitals are
stated sufficiently and would hesitate to
order out the Medical Reserve Corps
physicians lest the standard OF medical
treatment be lowered.
The New York herald., 1922-01-06
THREE ARE MENTIONED
FOR PENROSE VACANCY
Congressman Ware Also
Enters the Field.

Special Dispatch TO THE NEW YoEk HEaALp
HARRIsRrRG, Pa, Jan. 5.-Candidates
for the Senatorial vacancy TO succeed
the late Boies Penrose are believed TO
have dwindled down 10 three Morris L.
Clothier of Philadelphia. Representative
George Scott Graham of Philadelphia
and ex-Gov Edwin 5. Stuart Stuart
probably stands the best chance for the
appointment.
Lieut.-Gov. Edward Z. Beidieman said
to-day that OH December 10 Senator PEN
rose had promised TO support him for
the Governorship nomination
Gov. Sproul intends to confer with
The New York herald., 1922-01-06

Republican leaders from all sections OF
the State before he fills the Senatorial
vacancy.
PHILADELPHIA. Jan. 5.--Congressman n
William s. Ware OF this city will DC 4
candidate at the primary election next
May for the unexpired term of the late
United States Senator Boies Penrose,
his brother state Senator Edwin n.
Ware. said tonight after conference
with Gov. Sproul
Senator Ware also was quoted as hav-
ing said thet while Gov. Sproul did not
say he would not be candidate him.
self. he had gained that impression
During the day the Governor held
conference with Republican leaders.
The oppointee." said the Governor.
"wlll not be "A chair warmer. but man
We can Ell support. 81 am In hopes
can bring about a general agreement
not on a temporary appointee, bat on
q permanent one"