davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1922-09-12
Local Wholesale Prices.

Egxs-StrictIy fresh. selected. per dos,
36637; average receipts, IS; Southern. 81
Live poultry-RoOsier per H.. l6:
turkeys. per lb.. 25; spring cHickens, per
ID. 2s630: keats. young. each. $3.50;
fowls, ~.
Dressed pouItry-Fresh- -kiIlel winter
chickens. per h.. 3OG35: hens. per h..
2s; ROSTERS, per lb. 10: turkeys. per lb.
Livestock-Caives. choice. per H.. ~;
lambs, choice. per lb.. Ia: live hogs. per
Green fruit-Apples per Dbl. 1000
500: per bu. basket so6l;6o Cali:
fornia oranges, per crate. 500 10. 20.
Lemons. per box. 4.o09 500 Peaches
per crate. 2,So0Loe. Cantaloupes. SOC
$50.
Vegetables-Potatoes. No. /. per bbl.
2.006 2.60: per sack. 2.0o@2.6O; new
potatoes. per bbl., No. l, 5000 500; No.
Z. 2.2o93.oo. Sweets. 100000. Yams,
3o0@350 Lettuce. Southern, per crate.
6o076. Romaine lettuce; l6o. GYM
crate. 2256250. Cabbage, new. per
cwt.. 75@l.OO. Cucumbers. loo $50,
Eggplsnts. per crate. 75aioo To-
3.oo6L5O per basket. Peas. 2.oo9 2,S0;
The Washington times., 1922-09-12
OIL STOCKS
1IG H-66hn
TAKE LEAD IN
ACTIVE MARKET
Many Industrial Stocks Con-
tinue Vigorous Advance
\ Started Yesterday.
BY w. 8. COUSINS,

Copyright, 1922. by Cosmopoiitan News
Service.)
NEW YORK, Sept. 12.-with oil
stocks in the lead and industrials a
close second, the stock market had
another session of brisk trading In
the first two hours today. Interest
in the oil stocks was q natural Sc
quel to the publication Of favorable
earnings statement Of the Mexican
Petroleum, Pan-American and Cali
fornia Petroleum companies and of
the generally accepted report that
the Producers and Refiners Com.
pany would be absorbed by one OF
the large and prominent oil COM
panies.
As to Mexican Petroleum, 1t should
be noted that today's estimate of
1922 earnings are about 33 per cent
less than those which were current
about one month ago, or just be-
fore the big drive which sent the
stock from 166 to 1919, and are con-
ditional upon as good a record in the
last five months OF the year rs in
the drying up Of the Teteco fields
are to be credited, II is difficult 10
see how this would be possible. Mex
lean Petroleum was comparatively
inactive in the morning session,
opening at 1921 ana selling UP to
1876 near the noon hour.
Producers and Refiners was the
most active OF the oil group, and
under heavy volume Of trans;lc-
tions sold up from 4Sk to a new
high around 81. California Petro-
leum gained about l point, as also
did Pan-American and Houston.
Standard Oil stocks were up over
two points.
Iron Products and American Steel
Foundries continued the vigorous ad'
vance that has featured them during
the last few days, and sold ihto new
high ground, the former at 42iR,
up three points, and the latter above
As. The independent steels were for
the most part inactive in the early
trading, while United States Steel
continued in strong position, frac-
ionally above 1O6.
Tobacco stocks were also conspicu-
Gus for their strength today. initial
ing a new forward movement that
carried prices into new high ground.
Coppers were inactive and inclined TO
be reactionary, as also were the hlSh-
priced equipments and rails. On the
other hand, the low price rails like
Erie, st. Paul, New Haven, and
Southern Railway moved forward
fractionally on excellent buying de-
mand.
Strength in White Motor, which
sold at a new high around 52, and
Mack Trucks, is attributed to the
railroad embargoes which will ma
terially increase the use Of motor
trucks for transportation Of light
freight.
Some OF the speculative leaders
showed the effect Of profit taking
and sold at a lower range Of prices.
The irregular movements were with
out effect upon the balance of the
market however, which continued in
good form to the end Of the morning
session.
The Washington times., 1922-09-12
PUb[|CUT|L1TY: :
ISSUES OFFERED
BOND MARKET
New Series Of Issues A'e
Offered Investors
Today. ..a
BY MUNROE ROBERTS.

Copyright, 1899. by Cosmopolitan NEWS
Service.)
NEW YORK. Sept. 12.-That no
very decided change in money mar
ket conditions Is anticipated by the
Treasury. Department officials Is
indicated by the latest offering Of
one-year Treasury certificates con-
tanning 3% per cent coupon.
While this rate was carried on the
last previous issue, some bankers
were inclined to the view that the
Treasury might be compelled to
increase the rate in order to In
sure successful distribution of its
next issue. The new issue is Of
comparatively small size, however,
and need not be taken as a gauge
of conditions in the competitive in
vestment fields. The Treasury could
probably float $200.0O0,000 in Treas
ury certificates at rs low a rate
az 2h per cent II 1t appealed 10
the patriotic sentiment of American
investors and financial leaders.
Between now and Friday of this
week the Government will be COM
PEELED to arrange for the financing
of about S300,000,0 900 in Inaturities
and interest. in addition TO it's semi
monthly expense items. II has,
however, an instalment of income
and profit taxes due on that date,
and this will materially assist in
the operation.
T he latest dispatches from Wash.
ington indicate radical changes In
the soldier bonus bill by the con.
ference committee; hut even with
these changes there Is no assurance
that the bill for adjusted compensa.
ton will ever find its way to the
statute books. The steady advance
in Liberty bond issues IL evidence
that no new competition by the
Government Is looked for in the
general investment market.
BY the issuance of a new series of
100000 per cent notes, Swift &
Co. will effect considerable saving in
interest charges on outstanding
bond issues. 1t is the plan Of the
company to call for payment two
issues of debenture Z per cent notes
one Of $40 0.000. 900, maturing October
is, 1925. and one of $4,000, 900 ma.
turing October Is, 1882.
Having sold large portion OF the
new bonds Of the Kansas City Power
and Light company, a syndicate
headed by Halsey. Stewart & Co. is
offering the balance of that issue
today. The total amount of the new
offering was S21. .000, 900 in s per cent
series "A" gold bonds, due Septem
Der l, 1852. redeemable as a whole
or in part on or before September /,
1916, at 105, thereafter to Septem
Der ], 1850, at 102. and thereafter
at par.
Investment bankers in this and
other centers have added consider
able to their purchases of new bond
issues which they will offer to in
vestors today. Among the most
important OF them may be noted the
following: $1.193.0O0 Baltimore
Md, general Improvement 5h pei
cent bonds: $4,000 Seaboard All
Line equipment trust per cent GER
tificates. and $275,O00 Rio Piedras
Porto Rico. 5h per cent municipal
Improvement gold honda
The Washington times., 1922-09-12
COAL PRIcE-FIxINo NOT
ILLEGAL, HOOVER ASSERTS

The agreement to be effected In
rrice Of anthracite. coal during
sidered in violation OF Federal law
prohibiting price-fixing, Secretary OF
Commerce Hoover said today.
tober 4 would be established, al.
though some Of the operators are not
expectea1to agree to sell at these
prices. D..
Secretary Hoover was In conference
here today with Fuel Distributor
Spencer and representatives of public
utilities. Plans were discussed for
expediting movement OF hard coal
for equitable distribution.
The Washington times., 1922-09-12
Chicago Grain Market.

CHICAGO, Sept. 12.-Wheat opened
irregular, easy for the September
and firm for the deferred months.
Corn started firm and oats steady.
Trade in all the pits was moderate.
The advance of pence at 2 o'clock
at Liverpool was a stimulating in
fluence at the outset. Weather con.
ditions over the grain belt were
cleared considerably today, while
temperatures were below normal.
Hogs at the yards were steady to 10
cents lower. Estimated receipts were
for a fairly good run of cars.
The Washington times., 1922-09-12
Road Wants $1,9OO,ooo.

The Nashville, Chattanooga and st.
Louis railroad today asked the Inter-
state Commerce Commission for
authority to assume liability for
81 800 900 Of equipment trust certifi-
Gates. These are to be sold to j. p.
Morgan Co. at 94.S9 and accrued
interest, which is on basis of
slightly more than per cent.
The Washington times., 1922-09-12
Foreign Exchange.

NEW YORK, Sept. 12.-Sterling
demand, 4.44 1916: cables. 4.45 BIG.
Francs demand, 1861; cables, 7.66.
Lire demand. 4.29h; cables, 4.30.
Belgian francs demand, 7.23h
cables, 7.24. Marks, O006%. Drach-
mas demand. $40; cables, 1926. Swiss
francs, 1891: cables, 1898. Guilders
demand, $3.50: cables, 3S.S3. Pesetas
demand, 15.4l: cables. 15.43. Sweden
kronen demand, 26.4s; cables, 26,52.
Norway demand, 1851; cables, 1856.
Denmark demand, 21.34; cables,
2l.3S.
The Washington times., 1922-09-12
Riggs to Open Bank at
18th and Columbia Rd.
Will Be Known as Washington Heights Office
of the Riggs National Bank, Milton
-, E. Allies, President, Announces.
By HARRY GUsACK.

Carrying policy of offering the strength and service
of the Riggs National Bank the business and residents
of the hcky settled northwest section of the city that
stituon will open an additional bank at 2477 Eighteenth
northwest Columbia road by October it was
by Milton E. Ales president following meeting
of the board of directors yesterday.
The Washington times., 1922-09-12
Cotton Market.

NEW YORK, Sept. 1.-THE cot.
ton market was steady at the open
ing today. October opened at 21.b0,
up I points. December, 21.S5, up
IS; january, sl.70, UP 1; March,
2l.75, up 9: May, 2l.7o, up ..
The Washington times., 1922-09-12

The new bank building, which is
located opposite the Knickerbocker
Theater, will be known as the Wash
ington Heights office of\the Riggs
National Bank, and work Of Install
ing the necessary banking equipment
Is expected to be completed within
q few weeks.
With the Washington Heights Of
flee, the Riggs Bank will maintain
four outlying offices in addition 90
the main bank. The other offices are
located as follows: Dupon Circle,
Fourteenth and PARK road, and Sew
enth and ] streets. There is only
one other bank in the immediate vi
cinity of the Washington Heights
office, the Northwest Savings Bank,
located at the northeast corner of
Eighteenth street and Columbia road.
Approval of the Washington
Heights project OF Riggs by the
Comptroller Of the Currency marks
the first favorable action taken ty
Mr.. Crissinger in the District of Co
lumbia in giving national bank
permission to establish an additional
office. The other offices of the Riggs
Bank are acquired by consolidation
with the Hamilton National Bank.
Mr.. Crissinger has sanctioned the es-
tdDuSnmenI OIL DTdIlCh olhiSSo w
banks in other cities.
In making the announcement,
Mr.. Allies stated: I'm thus carry.
ing its service and strength into
this thickly settled section, the cen
ter Of which is rapidly yielding to
business, the Riggs bank will not
only offer greater conveniences to
it's present clients, but will also
place its strength and facilities at
the disposal of others in that
vicinity as well.
Opening of this additional office
- in line with the expressed policy
of the Riggs National Bank to
provide greater conveniences for
its customers in residence sections.
Land Banks Increasing.
Since March l there has been
formed as many joint stock land
banks as were organized during
the preceding five years, according
to Judge Charles Z. Lobdell, the
Loan Board This unusual activity
is attributed to the land mortgage
companies availing themselves Of
the privilege of organizing under
the Federal law. Twenty-six joint
stock land banks have come into
existence since that date, 1t was
stated by Judge Lobdeil.
With the adoption Of a rural
credits bill, the next announced OBJ
jective of the Senate farm block. the
problem of supplying the farmers
with short term credits, promises to
be one Of the outstanding pieces OF
legislation that will come before Con-
gress during the December session.
Four bills have been introduced
thus far, but the members OF the
farm block have been unable to
come to an agreement as to which
of the four will be pushed. 1t Is
reported that Senator Glass Of Vir-
ginia, one of the authors of the Fed
eral Reserve Board act?, will sponsor
q rural credits bill, as he is under
stood to be giving consideration to
the problem now.
The Washington times., 1922-09-12
Curb Stocks.

Furnished by W. B. Hibbs & Company.
Prices at noon: Bid ASH,
The Washington times., 1922-09-12

Open. High. Low. Close.
Money on call.
Sale of Stocks UP to
IL am. II noon. 1p.m. 2p.m.
2S6,100 473,000
Sales of Bonds up to
liam. IL noon. 1p.m. 2p.m.
2.93O,000 6,918,000
The Washington times., 1922-09-12
Local Stocks.

SALES.
Washington Railway & Electric
common, 10@57A.
Washington Gas Light, 2@O9.
Real Estate Title Insurance,
1@l20, 3@120.
AFTER CALL.
Washington> Gas SIS, s5OO@s6'
$500@95.
Money-Cal loans, sos per cent.
The New York herald., 1922-03-12
RAPS REPRESENTATIVE
FOR STAND ON BONUS
Loon,is Warns Appleby Peo-
pie Oppose If.

Taurus Loomis. department manager
OF Catlin g. Co.. dry goods commission
merchants OF this city. Philadelphia.
Boston and Chicago. made public yes
terday a letter he has sent to Repre-
sentative +. r. Appleby protesting
against his stand in favor OF the soldiers
bonus
while you are no doubt actuated by
conscientious motives" wrote Mr.
Loomis, "the sentiment among business
men is strongly against this infliction
on the American people in view OF the
nations financial position as explained
by Mr.. Mellon. II Is difficult TO UNDER
stand how any member of Congress
after reading Mr.. Melons statement
could vote In favor OF this measure.
''Unless the Republican party keeps
its promise OF economy II cannot ex-
pect to remain In power While Mr.
re iney may think soldiers have votes
In the next election. there are others to
be accounted for, and a large number
who voted the Republican ticket will not
vote that way next time. The country
Ia depending on the level and well bal
anced mind OF President Harding to
veto this unjust and oppressive meas
tire"
The New York herald., 1922-03-12
DECLARES BONUS LOAN
PLAN IS Misunderstood
Green Denies Scheme Would
Freeze Bank Resources.

WASHINGTON, March 11.-Prowsions
of the compromise soldier bonus bill re-
lating to bank loans to former service
men have been "either misunderstood or
misrepresented in some quarters" Rep
resentative Green (Iowa). who is rank
ing Republican member Of the Ways
and Means Committee and who helped
revise the measure, declared to-day in
O statement.
While the Iowa member made no d.
rect comment on the announced inten-
ton OF Comptroller Of the Currency
Crissinger to advise banks not to accept
adjusted compensation certificates as
security for loans. 1t was generally re-
garded that the statement was q reply
to the opinion of the bills provisions
expressed by Mr.. Crissinger. Ways and
Means Committee members have been
reluctant to take issue with the Comp
troller. and Mr. Green's views were the
first definite expression from Republi-
cans OF the committee as to the stand
taken by the Currency Comptroller.
Coincident with Mr.. Green's declara-
tion Republican leaders in the House
declared that despite rumors reaching
the Capitol that President Harding was
opposed to the present draft of the bonus
bill there had been no change in plans
which call for a report of the measure
on Monday by the Ways and Means
Committee and passage of the bill by
the House a week later. Reports as to
the Presidents attitude failed to shake
the determination of those in charge of
the legislation to proceed with their pro-
gram without alteration.
Chairman Fordney said the bill prob
ably would be amended by the COM
mittee before favorable report is or
dered to do away with the requirement
that war veteran must decide within
six months which OF the options pro-
vided In the bill he would accept. A
former service man should be permitted,
the chairman said. to make this deci-
sion at any time, with the proviso. how
ever, that IL he accepted insurance II
was to date retroactively from October
l. 1922
The New York herald., 1922-03-12
DIR. FAGNANI MAY
RETURN TO GERMANY
DepOrted for Pro-Ally Utter
ances, American Is Notified
He Can Go Back.

Special Cable to THE New York HERALD.
Copyright, 1888, by THE New YORK HnaALp
Now York Herald Bureau.
Paris. March IL.
DR.. Charles p. Fagnani Of the Union
Theological Seminary, New York, who
was deported from Munich last year as
the result Of Vaccinations Of Germans
who had been members Of the faculty
Of the seminary, no longer is classed as
undesirable by the German Government
The professor. who has been wintering
at the Hotel Majestic in Nice, has just
received an extremely courteous letter
from the German Embassy in Paris
notifying him that he will be allowed to
return to Germany at will. Not only the
usual visa will be granted Dr. Fagnani
and his wife, who was expelled with him.
but also a special letter Of protection,
guaranteeing him immunity from the
year-old order Of the Berlin secret police,
wherein he was blacklisted for his anti
German attitude during the war.
DIR. Fagnanfs expulsion caused a
great sensation in Europe. as 1t was one
in a long series OF such incidents. in
cluding the case or a prominent doctor
and his invalid daughter who were SUBJ
jected to insults solely because the
United States had declared war against
Germany. DR.. Fagnani appealed to
Secretary Hughes and President Har-
ding-both his personal friends---to set
machinery in motion for the removal Of
the ban against his presence In Ger
many. It Is believed the letter from
the German Embassy here Is the re-
suit.
DR.. Fagnani intended to spend six
months in German theological schools to
study, but he Is undecided as to whether
to accept the German Governments Of
fer, as he Is desirous OF returning to
the United States in the spring.
The New York herald., 1922-03-12
NAVY CUT TO $4,000
BY THE HOUSE BILL
To Slash S25O,OOO, 900 From
Secretary Denby's and War
Department Budgets.

WASHINGTON, March 1.-THE House
subcommittee on Appropriations. now
framing the navy bill for next year. is
planning to reduce the enlisted personnel
OF $4,000 men. Secretary Denby has
declared that 10000 enlisted men and the
present officer total would be required
to keep "the treaty navy" on its toes.
In brief statement Representative Fess
Republican (Ohio), told the House to-
day he had been informed by Chairman
Kelley of the Naval Appropriations Sub
committee that from $160,000.000 to
$4,000, 900 would be Topped from Mr..
Denby's estimate of $360.000,000, and
that the army bill to be reported Monday
would show a reduction of $85,000,000
below the War Department estimate.
AS an illustration of the drastic ma
ture of the proposed cut in army and
navy expenditures. Mr.. Fess said thar
eight appropriation measures already re-
ported to the House showed a total cut
of $65,000,n00.
The report that the. committee ex-
pected to cut as deeply into the navy
bill as indicated by the figures given by
Mr. Fess caused some surprise among
members In view of President Harding's
statement to the Naval Committee that
the enlisted total should no be lower
han $4,000. With only $4,000 enlisted
men there would necessarily be sharp
reduction in officers.
The committee, 1t was said, will au-
thorize appropriations to provide COM
missions for only 1876 OF the 541 MEM
bers Of the first class at Annapolis to be
graduated in June.
~sv A&A1S
$4,000, 900, will be reported TO pay the
cost OF scrapping ships under construc-
ton, as designated by the arms confer
ence. Estimates OF this cost have run
as high as $160.00o, 900, and a separate
bill will be passed after ratification OF
the treaties, SO as not to charge the ex-
penses against navy operation next year.
The New York herald., 1922-03-12
BELIEVE LORD READING
WILL RESIGN SOON
FeD Persons Heard Mr.. Mon
tdgu Speak in OUn Defense.

Special Gable 10 THE NEW Youy, H,,v.,n
Copyright, 1929, 5y THE New YopK Hrp.,n.
New York Herald Bureau
London, March IL
Great Britain has been lifted our NJ
small partisan controversies by tho
crisis coming out OF the resignation of
Edwin s. Montagu. the Indian secre-
tary, and the consequent exposure of
grave Indian problems. While there has
been no word from the viceroy or India.
Lord Reading. explaining his position
his constituents have bitterly assaYled
Prime Minister Lloyd George and Lord
Curzon, the Foreign Secretary. for the
Governmental Indian policy in general.
No successor has been appointed for
the Indian office here, but the Earl Of
Derby, who is in Cannes is believed TO
have been offered the post.
In official circles there is temporary
relief because no reports have been re-
ceived suggesting anything like general
rioting in India In retaliation for tho
arrest Of the Nationalist non-coopera-
ZIONIST leader. Mohandas GandhI.
Reports here Indicate. however. that
great sensation has been caused by
The New York herald., 1922-03-12

will produce at least 100000, 900 an
nually.
The most vexatious problems that
confront the ardent bonus advocates.
whose only concern is to retain the
friendship Of the soldier boys" by re-
cording themselves in favor of the
raid, find their origin among the ad-
herents Of the agricultural bloc and
the supporters of the sales tax idea.
The declarations of Senator Glass
(Dem., Va.), the father of the Federal
Reserve system, and of Comptroller
Crissinger, who is a Republican have
greatly alarmed the farm group. Sem
ator Glass and Comptroller Crissinger
concurred in the statement that the
insurance certificate loan scheme
adopted by the Ways and Means Com
mittee would freeze" the resources OF
the banks and make it even more diff.
ficult than at the present for the farm
ers to obtain banking accommoda-
tions.
The agricultural bloc has not clearly
defined it's position on the latest Ford
ney bonus scheme, but from the trend
of comment among the adherents of II
they are inclined to question the wis
dom of supporting it. Some OF the
farm bloc leaders expressed the opin-
ion that a referendum of farmers
should be taken before committing the
Congressional Representatives of that
class of citizens to the support of the
insurance certificate scheme.
Farm legislators from some of the
Western States called attention to the
fact to-day that such referendum
would be held in Iowa in the coming
autumn. The proposal there is to rat
ify an amendment to the State Con-
stitution to provide a bonus for citi.
zens who served in the world war.
Reports from Iowa are in effect that
there has been a tremendous change
in popular sentiment regarding the
bonus scheme during the last month.
The New York herald., 1922-03-12
LEGION SEEKING JOBS
FOR 500, 900 VETERANS
Hopes to Place Them in 80
Days, Says Official.

INDIANAPOLIS, March 11.--Lemuel Boil
les national adjutant OF the American
Legion, and in charge OF it's campaign
to relieve unemployment, declared to-
night Extraordinary efforts must be
exerted to keep jobless men from actual
suffering In the near future. adding that
the legion's program is expected to re-
suit in employment within thirty days
for 100000 veterans.
while more men are being steadily
placed In employment" said the state
ment. 1.-THE gain is so slow that unless
extraordinary means are exerted to Gre
ate temporary employment and stimu-
late permanent employment during the
next month there will be destitution
and suffering within the next six months
more widespread than anything this
country has seen within generation.
TT is precisely this condition which
the American Legion and cooperating
organizations intend to avoid and the
vigor with which the legion organization
and the bodies we have asked to work
with us are responding to our appeal
fills us with high hope Of success"
The New York herald., 1922-03-12
Sword Swallowing Act
with Knife Not Success

TRED MARSH. so. Of Troy,
tried a sword swallowing act
in Yonkers yesterday which
ended in his being taken to st.
Johns Hospital with badly lacer-
ated tongue. Marsh, with four
friends. were talking about side
show acts in a circus, when he said
he could swallow a sword. One of
his companions produced long
knife and Marsh attempted to do
the act.
1t resulted in his falling to the
floor unconscious. his tongue badly
cut.
At the hospital surgeons stitched
the wound and said he probably
would not lose his speech.