davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1922-11-05
''FINANcIAL
MARTLE1LES|
Active Copper Bidding
Only Feature Of =
Quiet Trade.

NEW YORK. Nov. l.--Asids fron
sctive bidding for-shs copper shares
trading in stocks was quiet during
the short session. Prices opened in
irregular fashion and continusd 10
throughout the morning. the indus-
trial list In particular being called
upon to absorb good deal OF
proht-taking. In doing this most
OF these stocks gave up some
ground. though pressure was not
pronounced excspt on q few scat
tered shares. The railroad list held
close to the previous closing prices.
but such changes as occurred were
fractionaiiy lower for the most
were responsible for the firm tone
In coppers. "a
u...x w.x. .-a'
Time money was established at
what brokers call inactive trading
level OF 8 per cent. there being O
good. practically unlimited supply
At that rate from both city and out,
of-town Institutions. and at the
same time there was q good de-
mand, resulting In the morning Of
loans In excess OF tio.ooo.ooo dur
ing the week. Nearly all this bust
ness was for ninety days. carrying
borrowers well over the end Of the
year and maturing at q period when
money conditions are expected TO
be easy. It was generally com-
mented on that while money vase
offered at per cent and could not
be borrowed at az per cent. and
that while 8 per cent was bid no
loans were made at So per cent
indicating an evenly balanced mars
ket- Some loans were made OF
Liberty bonds at 4ii per cent but
ciai arrangement.
Call Money.
There was a pronounced Increase
in the supply Of call money In the
past few weeks. which was reflect
ed in a decline from per cent on
Wednesday 10 ~ per cent yester-
day. The 6 per cent rate made on
Wednesday was due TO unusual
conditions. the chief factor being
that it was pay day for the new
issue of slI5.oOo. 900 American Teie-
phone and Telegraph stock which
had been offered to stockholders at
par. Although the subscription for
the new stock was payable in in
staIiments beginning with 20 per
cent on last Wednesday the sub
scribers had the privilege OF pay
ing for the stock in full on that
date and the understanding that
nearly all the stock was settled for
then. because OF a desire to obtain
full paid certificates at once. The
requirements for these payments
naturally impelled calling of loans
all over the street and created
condition of tension on that after
noon. The return Of this money TO
the usual channels was quickly ef-'
fected and yesterday money condi-
tions had come back TO an easy
stage.
The Washington herald., 1922-11-05

against O1607o yesterday S80O0
23i eco 53s 800
to date against year ago and
1s1 ,5l1 296 years
The Washington herald., 1922-11-05
COTTON MARKET.

NEW YORK, Nov. 4.-There was
another big market In cotton con-
tracts today with wide fluctuations
and more new high record prices
established since the season of
1880, when prices began to fall
off from their war-inflated levels
during the general readjustment
period. There Is a tendency among
the crop experts and statisticians
to reduce crop estimates to about
9.50o.O0o bales. against the govern
nents report of October 2 in which
1t placed the indicated yield at 10.-
$4,000 bales on its final condition
estimate on the general crop at so
per cent for the season.
Furnished by W. B. Hibbs & Company.
The Washington herald., 1922-11-05
N. y. CURB
s!T. s..ss n: s..i.. : e: -, -,

NEW YORK, Nov. l.-rhe market
on the New York Curb Exchangs was
OF constant changing IN tone and
movement during the week, but Gen-
orally declines In the frst two days
were followed BY. advances toward
the end of the week. The Standard
OIL issues, which are now wholly
traded IN on the New York Curb Ex-
chanse. showed ssvsrs losses during
the nrst half Of the week, but these
losses were turned Into gains before
the week ended. independent oil
stocks moved inthe same manner.
hut failed to make proportionate
rallies with the Standard OIL issues.
The Washington herald., 1922-11-05
LOCAL
wv, D. Aiobs 4 Co., Hibbs Bldg, Mem
bers Washington Stock Exchan1.O

and 7 Telephone IS. $1,000 at 9sI.
81 "rO at 9Sia, $1,000 at 9si.. 81 900 at
9sla
Nardman Park Hotel IS, $1,000 at IOIIs.
SIOh at 101i.
Wash Ry and Elec pfd. 500 at T7I.. 800
at -. 10 at - IL at - at - 10 at
I1Sls 10 at ISIS. : at Isl.
Washington Gas Light, : at 81
AFTER CALL
Potomac Elec cons IS. S1.OsO at 96
The Washington herald., 1922-11-05
GRAIN MARKET.

CHICAGO, Nov. 4.-Grain values
were lower in the early trading, as
pressure from local traders -
scattered longs was in evidence,
but the markets became oversee
toward the last and made a sharp
rally. with the close unchanged to
NC higher on wheat, &c to sc up
on corn, unchanged on oats, and
unchanged to l2c higher on rye.
Furnished by W. B. Hibbs & Company.
Y'std'y's
The Washington herald., 1922-11-05
FINANCIAL
REVIEW OF WEEK
Termination of Severe
Speculative Reaction
Features.


Beyond question the feature Of
the past week has been the abrupt
termination Of rather severe
speculative reaction. This reaction
made itself evident chiefly in, the
Securities markets but had minor
manifestations in the commodity
markets. The latter. 1t is true. had
advanced in the face of the bearish
stock market sentiment. but the
turn In this sentiment was the
signal for accelerated upward
4 movements in both cotton and
rain 1t now seems clear that the
|rfeetions were due chiefly to condi-
ions within the markets them
selves, to over-extended speculative
positions A number of signs indi-
|fcate that some commitments had
been extended at time when re-
viving trade was drawing of funds
temporarily placed in securities.
|SThe result was a weak technical
position which needed correction
and which was corrected. So far
1.-THE subsequent snap-back has been
Eemphatic. both In stocks and
bonds As in the case of the recov-
cry from the September break. the
rally has been more rapid than the
preceding decline Quite possibly
the forward movement may again
be overdone. 1t would appear
doubtful, however. whether the
recent reaction Indicated the end of
the bull movement. Probably few
! of the recent shorts actually oper-
ated on that theory. Certainly the
reactions in bonds, as for example
in the new Treasury 4As, seems to
have been too severe to Indicate a
major trend. Irregularity and un-
Ssrtainty may lie ahead but the sit
ttion gives little ground for the
belief that a general decline has
sey in
Trend of Business.
The point is worth arguing be-
cause of the testimony involved as
to the future trend of general busi-
ness. Nothing in the Industrial sit
|
is facing Il showdown. The actual
Tendency is in quite the opposite
direction Railroad car loadings
nave set a new high record for the
past two years and more traffic is
being offered than can be carried.
The steel industry is producing
more steel than in the best times
before the war and is fairly well
booked up ahead. Building con-
struction is still going ahead
strongly. the railroads are still buy
ing steel and equipment literally
and automobile output is holding
up surprisingly well. Even though
The farmers still must carry their
ydebt burdens for a year or two
more they are gradually pulling out
of the hole and have been helped
materially by the recent rally in
~ prices of farm products. Prices
general. too. are firm, and WELL
posted observers see little likeli-
hdsd of slump in the price level
during the year ahead.
The Washington herald., 1922-11-05
COMPLETE N. Y. BOND SALES
a. snn o. MI. M. ns.s-ss Z ~ zs....s.,

entga . The
were tdicsive Of turn n the market for the
however that goron Of these
will
VIII move rapidly from Of the
The Washington herald., 1922-11-05
BONDS.
Public Utilities.

iomac Elec cons IS. 5000 at 96.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-11-29
Warning to violators Of the
Editor Edgefeld Advertiser:

Editor Edgetield Advertiser:
On Friday night last the North Au-
gusta Baptist church had a welcom-
ing festival for the new members OF
the church who have united with the
church since April last. There were
rs such members and great time
was had. Several fine speeches were
made by various people Of Augusta
and North Augusta, after which all
repaired to the Sunday school room
and partook of ice cream and cake,
and enjoyed good time for an
hour. Much cake, coffee and cream
was left after serving the vast crowd
that attended, for everybody was in
vited to attend.
The Good Book says "Taste not,
touch not, handle not, for it biteth
like serpent and stingeth like an
adder" Through the good people
of Edgefield county I am informed
that much whiskey is being touched,
tasted and handled along Turkey
and Beaver Dam creeks and other
places in Edgefeld. ! know the loca-
tion of some Of these stills and the
names of scme of the people who are
said to be running them, some Of
whom I know. I regret to inform on
some of these people, but I say now,
they had better stop. There is way
to make living other than to make
the vile stuff to damn and ruin many
people who otherwise would make
good citizens were it not for drinking
the demoralizing, life shortening,
soul-destroying, hades water.
All men who make whiskey and sell
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-11-29
was brought up by company of col
ored cadets.

was brought up by company of col
ored cadets.
We miss the Edgefeld people, but
our time is so full that we have no
time to grieve. Will miss our annual
feast on Thanksgiving Day. We
usually spent this day in the country
when there. Last year we had two
days of feasting. Possibly some fairy
will provide the feast this year.
We are getting on remarkably well
and are happy. Have just completed
our first quarters examinations. I do
not think came out with very high
grade, but ] feel good ever doing as
well as did. feel that if / am be-
hind in any subjects that | can well
make it during the next three quar-
tiers. The work covers much ground
and some of it is very deep.I suppose
that fresh college graduate would
find the work comparatively easy.
We attend the Weaver Memorial
church. All of us attended Sunday
school and preaching today. This is
a small church and the people remind
me much of the Edgefeld people.
This is complimentary to them.
We see a great deal of Eb john
son of Johnston, and his wife, who
was Miss Ethel Holston Of Edgefeld.
1t is quite a treat to visit each other
as home folks. We also have some
special friends from Columbia, R. II.
Hooks and wife and little boy. We all
go to the same church. Last Friday
night both cf these families w..e
here to see us at the same time.
The children are now about ready
for our Sunday afternoon walk. Last
Sunday we went down to the Central
Park. This afternoon we will 60
down to the river and possibly take
a boat ride over to the Indiana side.
We have very few minutes for
writing our friends, but will be de-
Lighted to get letters and cards from
them.
We missed our copy of November
1st. If you have an extra copy, please
send it.
Hurriedly yours,
c. M. MELLICHAMP.
e44-srd ST., Louisville, KY. 4
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-11-29

whiskey, know they are violating the
civil law, the federal law, and worst
of all, Gods law. They feel deep
down in their hearts that they are do
ing wrong, if they have any
conscience at all, and know that if
they escape punishment on earth that
they will have to give an account of
their deeds to God. They also know
that that accounting will be before
many years pass. Some who read
these lines will think to themselves;
"Oh, well, as soon as I get a little
start / am going to quit stilling," or
"I am going to stop selling" Keep
putting off that time to stop and
death will surely overtake them in
the very act. They know they have
no lease on life.
What am saying to them I say
for their own good and for their well
fare in the hereafter. Keep up this
stilling, bootlegging, and whiskey
drinking and you are just as sure to
meet frowning God as you are sure
that the sun shines.
may not write so often in the fu-
ture, but I ever expect to be active
in fighting Demon Liquor and his CO.
horts.
]. G. WHATLEY.
North Augusta, S. C.
If you want a good team or ploW
bride, and for less money, we have
it.
BETTIs CANTELoU.
Turn under the cotton stalks
and starve the weevils.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-11-29
THANKsG GIVING PSALM.

s =
Bless the Lord. ny soul; and all that is within me,
bless His holy name
Bless the Lord, my soul, ard forget notsal His
benefits:
Who forgiveth all thine iniquities who healeth all thy
Diseases
Who redeemeth thy life from destruction; who crown
eth thee with loving kindness and tender merces;
Who satsfeth thy mouth with good things that thy
youh is renewed like the eagles.
The Lord executeth righteousness and judgment for all
that oppressed.
He made known His ways unto Moses, His acts unto
the children of Israel.
The Lord is mercifu and gracious, slow anger and
plenteous in mercy.
He will not always chide: neither will He keep His
ger forever
He hath not dealt with after sins rewarded
us according to niquites.
For the heaven is high above the earth great is
His mercy toward them that fear Him.
AS r as the is from the west, far hath He re-
moved our transgressions from US.
Like as father piteth his children, the Lord peth
them that fear Him. For He knoweth frame; he
membereth that are dust.
AS for man, his days grass as a flower of the
field he foursheth For the wind passeth it, and
it gone; and the place thereof shall know it more
But the mercy of the Lord is from everlasting unto
everlasting upon them that fear Him, and his righteous
ness unto children's children
To such as keep His covenant, and to those that re-
member His commandments to do them .s4E$
The Lord hath prepared His throne heavens; and
his Kingdom ruleth ALL
Bless the Lord ye His angels, that excel in strength
that His commandments hearkening unto the voice Of
His word
Bless ye Lord all ye His hosts; ye ministers Of His
that do His pleasure
Bless the Lord all His works in all places His do
minion; bless the Lord my sou.-Psam 103.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-11-29
Language School,
Pekin, China.
/. Oct. 9, 1922.
Resolutions on the Death of
Mrs. Emma Wash.

tN2k AA2AA2CS w SAo4s III.
Whereas, it has pleased God to re-
move from our midst our esteemed
friend, Mrs. Emma Wash, we the
members of Rehoboth missionary So
ciety submit the following resolu-
tions:
LIST. That in the death of our
dear sister, our community has lost a
staunch friend, cur church and SO
ciety faithful member.
End. That we give thanks to God
for the long, useful life and beauti-
full character Of our friend and hum
bly, submit to His will.
3rd. That we extend to the fam
lily heartfelt coincidence in their sad
bereavement, and commend them to
our Heavenly Father, who makes
no mistakes, but doeth all things well.
4th That copy Of these resolu-
tions be sent the bereaved family and
published in the Edgefeld Advertiser
and recorded in the minute book.
Mrs. r. T. WEST,
Mrs. ]. D. HUGHEY,
Mrs. j. E. REYNOLDS.
Committee.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-11-29
One Weeks Hauling With
Two Ford Trucks. !;

During one week the owners of
two Ford truck hauled $4,000 feet
of lumber distance Of 16 miles at
s4.00 per thousand, making the
amount received for the hauling.
$104.O0. Their expense was 81 gal
Ions of gasoline s20.16 and one and
one-half gallons of oil s1.20, making
the total expense s21.36. This ex-
pense deducted from s104.0o, the
amount received for hauling the &c.
900 feet of lumber, leaves a net
profit of $82.64 for both trucks, or
a net profit of s41.32 per week per
truck. We can give you the names of
the parties who operated the trucks
if you will call upon the Yonce Mo-
tor Company.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-11-29
Interesting Letter From MIR.
Mellichamp.

A message was given me for the
Edgefeld people yesterday and I will
send it through you. Our Rev. John
Lake told me to tell the folks att
Edgefeld that he loves them and that
he will be there as soon as he can.
When he gave me this message he did
not take time to consider that he will
see them months and possibly years
before I will.
About two weeks ago by mere
chance found out that he would be
in Louisville on the 10th. then took
special pains to find out just where
he would be and found that he was
to address, an inter-denominational
missionary meeting at 11o'clock at
an Episcopal church. I got in touch
with the president of our South
Carolina group and asked that he be
invited to speak at our quarterly
meeting on the 18th. l succeeded in
getting to hear a part of his address
at the Episcopal church and then bet
ter than that I had the pleasure and
inspiration of grasping his hand and
having short chat with him. He
lis well but exceedingly tired.
When get in his presence feel that
1 am with a truly great nan. Who is
greater than he?
Friday night he spoke at the Nor
ton Hall but did not get to hear
him. Saturday morning he was the
speaker at our state meeting. The
time was short but he made good use
of it. Immediately after the state
meeting he spoke to the student body
for few minutes, but the appointed
speaker was Rev. v. I. Masters,
(well known among the Baptists of
South Carolina.>
Our John Lake has many friends
here. DR.. Mullins hugged him when
he went on the platform and said,
"Why didn't you let me know you
were coming? Don't you do it again. :"
After leaving our room for the
meeting Saturday, got our mail in
which was the last issue of The Ad-
vertiser and also the Chronicle. Bro.
Lake asked for them, but did not
have convenient chance then to look
over them, so / let him Keep one of
them. He held both of the papers in
his hands as he spoke and made men,
tion of the fact that had handed
him his home papers.
Armistice day was celebrated here
with big parade Several things
about the parade especially attracted
my attention. Quite a number of
cars were marked Disabled Bud
dies" 1t was sad indeed. Several cars
were marked Confederate Veterans,
and so many were clad in gray. Some
| of the cars were marked &c. A. R.
Upon displaying my ignorance of
what this stood for was informed that
| it stood for "Grand Army of the Re-
public" (Yankees). then noticed
the blue uniform. / now realize that
I am on the extreme northern border
of Dixie. The battle flag used by
Roosevelt at San Juan Il think that
is correct) or at least the remains OF
the flag, was floating in the parade
Number Of organizations and insti
tutions were represented. The rea,
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-11-29
Summons For Relief.
Complaint not served.)
The State of South Carolina
County of Edgefeld
Court of Common Plt

COuTC Oh common FleaS.
The Bank of Johnston, Plaintiffs
Against B. W. Wright, j. F. Wright
and B. c. Wright, Defendants.
TO the Defendants above named: !.
You are hereby summoned and
required to answer the complaint in
this action which is filed in the Of
fee Of the Clerk of the Court Of
Common Pleas, for the said county,
and to serve copy Of your answer
to the said complaint on the sub
scribers at their Office at Edgefeld,
South Carolina, within twenty days
after the service hereof, exclusive Of
the day Of such service; and if you
fail to answer the complaint within
the tine aforesaid, the plaintiff in this
action will apply to the court for the
relief demanded in the complaint.
SHEPPARD BROS.
Plaintiffs Attorneys.
Dated Nov. 20, 1922.
Test:
P. 1. coGBuRN (seal)
'IClerk G. C. p, E. Co., s. G.
To the above named Defendants:
You will take notice that the orisi-7s
nal summons and complaint in the
above stated cause are now on file in !
the Office of the Clerk Of the Court
of Common Pleas and General Ses-
sions, in and for the county of Edge
field and State aforesaid.
SHEPPARD BROS.
Plaintiffs Attorneys.
Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-11-29

We have few one and two-horse
wagons left and can make you good
prices on same.
The National leader., 1922-01-23

time. Have you written your con-
gressman and senator yet? Have you
circulated petition? Have you call
ed a meeting and passed resolutions?
All these things will help more than
ever now that this conference is on at
Washington. The conference must
realize that the farmers know what
they want and. are earnestly out after
it. There is no way to accomplish that
except through your acting at once
along the lines suggested. -.
Other things are helping in the
move for revival of the grain corpora
tion. Farm Bureaus are taking it up.
The Yellow Medicine county (Minn.)
Farm Bureau passed resolutions de-
manding the revival of the corporation,
and presented the resolutions to the
state convention of the Bureaus for
action. Good! It all helps.
A. B. Gilbert of the Leader staff
was invited to appear before a sub
committee Of the joint agricultural
investigating committee of congress,
to present the plan for revival of the
corporation. The subcommittee met
at St. Paul. Mr.. Gilbert spoke on the
matter and filed written statement
giving the necessity for a federal
pool and fixed guaranteed minimum
price. So congress has the arguments
for the plan before it in formal writ
ten shape.
The Farmers National council, rep
resenting number of progressive
farm organizations at Washington,
D. c., has indorsed the move for re-
vival Of the corporation, and has sent
The National leader., 1922-01-23

out publicity urging it to papers all
over the country. Fine! The idea is
taking root.
AS reported in our last issue, Con-
gressman J. H. Sinclair of North Da-
kota has introduced a bill providing
for reviving the corporation. While
the bill is not in the form that some
believe the most effective, your let
ters, petitions and resolutions will help
get hearing for the bill in commit
tee, and the whole idea can be dis
cussed and a proper bill worked out
by the congressional committee, if the
hearing is called.
The National leader., 1922-01-23

The state union for Minnesota Of
the American Society of Equity in
dorsed the idea, and urged it in reso-
lutions. J. M. Anderson, president of
the Equity Cooperative exchange, st.
Paul, the biggest cooperative farm
ers' grain marketing agency in the
world, has indorsed the plan in a pub
lie statement. :
But all this is nothing unless it is
backed up with YOUR LETTERS TO
CONGRESSMEN, PETITIONS AND
RESOLUTIONS. Get busy. Let
every farmer and his wife do their
duty and We'll get results soon!
The National leader., 1922-01-23

consider the plight of the American
farmer. The administration had to do
something. Farmers have been the
mainstay of the Republican party,
but are becoming disgusted with the
failure of the administration and con-
gress to help in the present agricul-
tural crisis.
The conference is a political move
to satisfy farmers and keep them in
the Republican party. But if enough
pressure is brought, the conference
may recommend something that will
help-for instance, the revival of the
grain corporation and a cost-price
guarantee for grain growers on the
1922 crop. In fact, the move for re-
vival of the grain corporation is get
ting so strong that the Republicans
had to make pretense of doing
something themselves. They want to
take the farmers minds off agitation
for reforms which have not originated
with the administration.
Secretary of Agriculture Wallace
has invited bankers, railroad repre-
sentatives, grain dealers and other big
business men to the conference. Many
so-called farmer leaders are also in
vited. The calling of the meeting
makes it doubly necessary that the
work for the revival of the grain cor
poration be pressed harder at this
The National leader., 1922-01-23
How to Use the Petition

TO get action on the revival of the grain and the of
possible must act Cut out and circulate the below petition and send to
ON ine)