davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1922-07-10
STOCK MARKET
!. IRREGULAR IN
. EARLY TRADING
Trading Small In Volume as
Market steadies and Spec
ialty Stocks Advance.
BY w. s. COUSINS.

Copyright. 1922. By. Cosmopolitan News
" ssrsics) o.:
NEW YORK, July 1o.-The. stock
market was somewhat unsettled at
the opening Of the new week by the
weekend developments in Germany.
economic crisis and the local shop.
mems strike. First prices reflected
this nervousness on the part Of
traders and spectators in practically
every section of the market, showing
fractional losses. Railroad stocks
were, the most adversely affected.
with principal declines in Atchison.
New Haven and Baltimore and Ohio.
The Mexican oils were firm, but the
balance Of the oil list was somewhat
weak.
In a very short time, however, this
irregularity gave way to q firm and
strong condition, and the market was
characterized more by inactivity, tha n
by weakness. Trading in the first
period was In extremely. small vol.
ume, with interest centered in the
railroad and the oil stocks, the action
OF the former suggesting the strong
hope and confidence Of the spscu-
iative community that an amicable
adjustment Of the railroad industrial
problem may stil be within reacn.
The same hiay be said Of the coal
strike situation, which In now engag-
ing the serious attention of the Ad-
ministration leaders at Washington.
Speciality Stock Up.
After an irregular opening, In
which an accumulation Of selling or.
ders was absorbed. the speciality
stocks moved forward rather Wig
orousIy this movement being fea-
tured by American Can. Sears-Roe.
busk. Coca Cola, Iron Products and
American Telephone. Mallinson was
errstic and top heavy. showing a dis.
position to recede farther from the
high point Of IS reached last week.
Before the second hour was half
over. another wave Of liquidation
swept over the market, carrying
prices OF the rail, motor, and some
of the oil stocks somewhat lower
No wide open breaks occurred any.
where in the list, but, on the other
hand. there was little or no evidence
OF rallying power In the market. q
fact that was attributed to the alb
otnCS VI u Vi
who are usually active on the bull
side. Strength in q few Of he rail.
road shares reflected the success
which the arrangements Of these
roads are having In combating the
effects of the strike. This is par.
true OF New York Central,
which reported a considerable gain
today In the ranks Of its workmen.
The financial district was again
flooded with reports Of reduced pro-
duction and salt water in the Mexi.
can oil fields, the most perceptible
effect Of which was on the Mexican
oil stocks.
American Can was the strongest
and most active of the speciality
stocks in the early trading, advanc.
ing to a new high at SIN and a gain
Of 2 points. Mallinson was weak and
dropped back over a point.
Call money was offered in good
at ~ per cent: time money
rates were unchanged.
The Washington times., 1922-07-10
Liberty Bonds.

Furnished BY W. n. Hisbs . Co.
Prices at nom.
The Washington times., 1922-07-10

The bill was sponsored by Senator
Harris of Georgia. Senator Harris
said that many small banks were
now barred because they had small
capitals and, as they were close TO
the agricultural sections. they
needed the strength of the Federal
Reserve system. Under the bill Of
Senator Harris State banks with less
capital than $4,000. the minimum
requirements now, can enter the sys:
tenn.
Z The Harris bill also covers banks
In cities with populations between
1900 and 5000, 5000 and $4,000 and
over $4,000 by letting them enter II
they have so per cent of the capital
now required under the national
bank act. The bill now goes to the
House.
The Washington times., 1922-07-10
Creditors Paid In Full.

. Announcement. was made today
that Justice Hoehling has ordered
the discharge of the Munsey Trust
Company as receiver of the National
Vaccine and Anti-toxin Institute
after the receivers had reported that
all of the creditors of the vaccine
company had been paid in full, and
the residue of the assets returned to
the company.
1t was stated that stockholders
would receive more than par for their
holdings in the first dividend when
II is distributed.
The Washington times., 1922-07-10
Cotton Market.

NEW YORK, July 10.-Further
losses occurred in the cotton mar
ket at the opening today, prices
being II to, IS points below the
previous close because OF the Ger
man situation, a break in the
French exchange and a favorable
weather in the belt over Sunday.
After the start the list continued
heavy. Dealings were active.
The Washington times., 1922-07-10
Foreign Exchange,

NEW YORK. July 1o.-steriins
demand, %44H; cables, 4.44x
French francs, 7.82h and 7.s3. Lire,
4.Ah and AS. Belgian francs, 7.ss
and 7.6sh. Marks, .o01sk. Drach.
mas S.o4 and sos. Swiss francs.
ls.!4h and 1s.1eh. Guilders, $3.50
and Ss.s6. Pesetas, 1883 and 1850.
sweden kronen. 25.st and 1850.
Denmark kronen, 21.56 and Il. so.
The Washington times., 1922-07-10
s9sssHH#'s BUSINESS AND FINANCE
Curb Stocks.

Furnished BY w. B. Hibbs a CO.
The Washington times., 1922-07-10
INQUIRY ON EXPRESS
o. TARIFFS IS ORDERED

An investigation of the rates
and charges Of express companies
operating under the interstate com.
merce act was ordered today by the
Interstate Commerce Commission.
The inquiry is for the purpose of
determining the reasonableness of
prevailing rates.
The Washington times., 1922-07-10
Local Stocks.
SALES

Potomac Electric first SIS. $4,000
90. - :. -. -.
Capital Traction, 1oeloo4. 40 iO1.
Riggs National Bank. 5@5l0.
Lanston Monotype. 10@7sh.
MONEY-Call loans, SOS per cent.
The Washington times., 1922-07-10
CURB STOCKS

Additional Financial News or
Page 10.
The Washington times., 1922-07-10
Passes Amendment to
Federal Reserve Act
Senate, Adopts Harris Bill to Permit Small
Banks to Enter Reserve System.
BY HARRY GUsAcK<

An amendment to the Federal act to permit banks
system where they have unmpared
capital per of the minimum capital required
for them the system and if they set aside not less
than per of their net income from the preceding
year bring their capital to the minimum requirements
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Turks Bring Their Fidget
Beads to Lausanne

Lausanne, Dec. 2.-"Fidget beads"
have made their appearance in the
Lausanne conference, and are as
sisting the poets, philosophers, h.s-
torians, antiquarians and statesmen
of Levantine delegations, in solving
Near Eastern problems.
Djellaladine, Arif Bey, representa-
tive of the Angora government at
Rome, constantly carries strand of
large red beads which he fingers ner
vously while discussing how the Bosr
rhorus and the Dardanelles should ,be
disposed of.
Other members of the large Turk
ish party carry similar beads, and to
a lesser degree they, are used by 9TH
er Near, Eastern delegations.
Levantines cannot relieve their
'-lefvcusuess Tby 'twirling 'the.r+thumb ,
,r- playing with their watchfobs af-
ter the manner Of Westerners. They
must have their hands engaged before
heir brains can function, or at least
hey think they must. Consequently
t is not unusual to meet Near
Eastern representatives wandering
through the hotel lobbies Of Laus
anne in an aimless way with bright
colored beads in their hands.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

know this, and that it really does not
matter SO much after all. Our aim,
our chief aim is not the piling up of
dollars, but the rendering Of service.
We feel that man should be ashamed
to live for himself alone; that his
chief reason for living should be to
serve others. This is, and has been,
our aim. Life is too. short to be
given up to dollar chasing. There are
SO many poor people, so many cases
Of real need Ill the world that we do
not feel that we could be happy to
live in affluence and ease while the
suffering abounds. Rather, we feel
that we must take our share in the
hardships of life.
We again extend to all our friends
best wishes for Merry Christmas.
May God bring to each Of you great
oy, good health, many friends and a
heart at peace with God and man.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Gasoline Tax Suggested to
Meet Michigan Highway Cost

Lansing, Mich, Dec 23.-Enact.
ment of legislation to remodel the
states taxation system, cut down the
cost Of state government, develop he
state as an agricultural center,
tighten the blue sky" laws and
broaden women's lights will be asked
-'o''D'' :ss ..si.. q. .s.a,, nA.opQsed changes in
TIE laws, tor the Michigan legislature
when it convenesl. in regular session
in January.
Outstanding in the prospective leg
islation are the following propose 5:
To provide gasoline tax to finance
highway development and mainten
ance without real property tax.
To make more compact the cen
tralized state government which was
inaugurated two years ago, by cur
failing and combining departments.
TO make the furnishing of poison
Gus liquor punishable as manslaugh
| ter.
TO tighten the motor vehicle laws
by prescribing more specifically tn?
lighting equipment on automobiles
and increasing the penalties for
speeding and reckless driving.
10 delegate to the state agricul-
tural college much of the work done
by the state agricultural department.
To provide what amounts to a
Iiteracy test for voters.
To provide bill of rights for wo-
men, which will put them on an equal
standing with men in business and
welfare matters.
To enact land certification law
which will enable non-residents of the
state to invest in Michigan's unde
velopel lands and to provide that
the state encourage reforestation of
die lands not suited to agriculture by
reducing taxes.
The reapportionment of the state
Legislative district, which comes be. .
fore the legislature by virtue of the
1920 federal census, stands high in
state interest. Other measures in
clude provision for eugenics law:
to devise ways and means of raising
money to retire the SOL $50, 900 state
bonded Indebtedness without adding
to the tax burden of real property;
and to make insanity grounds for di-
Vorce.
An attempt may be made to re-
vive the income tax, which was initi-
ated by the 1921 legislature and de-
feated by the voters.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Hang Lamps in ,
Church to Perpetuate
Memory of Deceased

Papeete, Tahiti, Dec. 23.-A curl
Gus custom exists among the natives
of the island of Raiatea (the chief
island of the Leeward Group of the
Society Islands) to preserve the
memory of deceased relatives. In the
large church at Uturoa, the princi-
pal settlement on that island, will be
seen a great number of brass hang
ing lamps hanging from brackets all
about the building. Each of these
has been presented by some native
family in memory of some beloved
member of the clan who has died,
and they constitute a memorial such
as bronze tablet or stained glass
window would represent in European
countries.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Wireless Comes to
Rescue of Lonely Island

Sydney, N. s. W., Dec. 23.--Wire-
less has come to the rescue Of lonely
Pitcairn Island which loomed large
in fiction and history as the refuge Of
the mutineers of the British, ,sloop
Bounty, years ago.
Until now, the islanders have been
compelled to depend for their news Of
the outside world upon the occasional
visits Of ships. A wireless plant has
just been landed. and will do much to
relieve the. isolation. of the island. resi-
dents, according to advices reaching
here. Some of the young men of the
island have been learning the Morse
code. The men who boarded the ship
which landed the plant seemed to
have a good knowledge Of money val
ue and obtained good price for
their goods, according to. the. ships
officers.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Physical Handicaps no
Obstacle to His Success.

Washington, Dec. 23.-Nature's s
handicaps are no obstacle to many
people and the most shining example
is that of B. A. oJnes of Burlington
Mo-, who, born without legs, has
driven rural mail delivery route {ou'
of that taw,a-lfpr nesrly~ twenty yakari
and never complained.
Jones' route was a standard
length one of 25.5 miles out of Bur-
lington, and since 1901, when he was
appointed, he has missed only four
days from the job, and those because
of illness.
So interested were Post Office De.
partment officials, who only recently
had his case called to their attention,
that Assistant Postmaster General
Billany wrote him letter of con
graduation for his efficient service
performed in spite of physical de
feet that we'll might have discour-
aged a person of less fortunate tenn
perament, and with less determina-
ton to succeed in life" Before be-
coming letter carrier, Jones was a
farmer.
ut seems to me-" Mr.. Billany wrote
Mr.. Jones, chat your success may be
not only interesting to all carriers,
but an inspiration to any one who
may feel that he is laboring under
unusual or insuperable difficulties and
an encouragement to them to press
on in the performance of duties whi n
choice or circumstances may require
of him"
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Hospital For "Wounded"
Mail Has Many Stories

Washington, Dec. GA hospital
in which the next of kin seldom, if
ever, are visitors; hospital where
casualties multiply at Christmas
time when all the rest of the world
is presumed to be glad-such is thr
hospital for wounded maii' main
tained at every postoffice of import
ancc.
Patients at these hospitals are the
innocent victims of those who are
supposed to love them most-eyen
though they are sending them to 9th
ers. They are the ties between
friends and relatives, yet because Of
a little carelessness on the part OF
the senders, they fail to complete tbs
link, and broken themselves, often
become the causes of broken hearts
for those who fail to receive them
Some Of the packages are repaired
end reach their addresses after
Christmas. Others must be returned
to the senders for re-packing and re
addressing. Still others, and far too
many, must be sent to the morpue--
in this case the Dead Letter Office
destined never to perform the sery-
ice for which they were intended.
The departments phrases of warn
ing evidently have become to manv
mere meaningless phrases, it was
said, for no other Interpretation can
be advanced after a visit to a most
office hospital where stack upon stack
OF love tokens remain as mute evi
dence Of lack of care.
All this, also, it was added, means
more and unnecessary work for the
bostal employee.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Schools in Soviet
Russia. Show Increase

Moscow, Dec. 23.-The number OF
public schools in Soviet Russia shows
an increase under the Soviet regime
as compared with pre-revolution
times, according to recent announce
ments Of A. Lunatcharsky, commits
sar for education.
During the first two years of thu
revolution, public education was Civ
en- much attention by the Soviet gov
ernment, and the number of public
schools was brought up to 80, 900 with
a staff Of 10000 teachers and $3.50,
OO0pupils, &C compared whit $4,000
schools, $1,000 teachers and 100000
pupils in 1911. But in 1921, with the
change Of economic policy and the
abolition Of the non.monetary sys-
tenn, came the first reduction of ex .
penses in education and. ct1rtailment
of public schools. In 1922 a further
number Of schools had to be closed,
on account of budget difficulties.
while many schools were deserted By
their stats owing to insufficient and
irregular pay.
At the present time, according to
the official figures, there are 28, ,ooo
schools, $1,000 teachers and 1885.
BOO. pupils. But 1928 10 expected to
show q decrease for the government
will place the cost Of upkeen ~ NH.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
New Constitution Before
Texas Assembly

Austin, Tex, Dec. PA consti-
tutional convention, radical changes
in state tax laws and the educational
system, reclamation and flood con-
troll, alteration OF highway laws and
relocation of the state prison, are
among the matters that will come be-
fore the Texas legislature at it's jan
uary meeting, according to state
ments from leaders OF the two
branches.
The attorney general already has
prepared measure for the creation
of a new constitution, designed to
replace the present one written in
1876.
Proposed changes in the state tax
laws are due to deficiency in the
general revenue fund this year at
times amounting to more than two
million dollars. Many Texas schools
may be forced to close early next
spring because of the shortage Of
state funds. An emergency appro
priation and an increase in state al
lotment for the schools are advocat'
ed
Separation of the state banking
and insurance departments has been
endorsed by the state bankers asso
citation and other statewide bodies
Flood control measures are advised
by Governor Neff, who recently led a
movement to work out such propos
ais
There is also some agitation for
The presentation of soldiers bonus
MpaSIre
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Feeder Lines Needed by
u. S. Railroad in Alaska

Anchorage, Alaska, Dec 22.-Feed
er lines are needed by the United
States government railroad in Alas
ka, according to General Wiles P.
Richardson, who, as representative Of
Secretary Of the Interior Fall, made
an inspection tour of the road.
Rail spur tracks and wagon roads,
according to the general would re-
suit in development of the mineral
and agricultural lands which lie ad-
jacent to the railroad.
Eventually the government must
adopt colonization plan for Alaska
General Richardson said, so that the
country can be settled and fully de-
veloped.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Russia Favorably Inclined
To Return of Emigrants

Moscow, Dec. 23.-Ludwig Mar
tens, former Soviet representative in
America, has become chairman of q
special commission organized by the
Soviet government to assist in the
return to Russia Of Russian .Ameri-
ems and Russian "doukhobors" from
Canada.
More than 10000 Russian-Ameri-
cans already have come back to Rus
sia from America during the last
two years. The grea ler part Of these
men are agricultural workers, and
they have bought with them agricul-
tural implements valued at $50, 900.
A big scheme is now on foot to
bring from Canada between 10000
and 10000 "doukhobors," men who
under persecution were forced to emf
CRATE from Russia in 1895. These
families intend to bring with them
their entire property, consisting Of
agricultural implements, tractors and
livestock. The Soviet government is
assigning to them $4,000 acres in
the Ukraine. In addition to the ex-
listing Soviet laws exempting consci-
entious objectors from military serv-
ice, the central executive COMMITTEES
of .Soviets has given to the delegates
Of this sect, who recently came to
Moscow to carry on negotiations. ,. a
signed undertaking exempting their
whole community from military serv-
ices and all other duties connected
with the bearing of arms.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

Skilled workers in4the rnanufactur-
.ng end of shs esrpst, upholsteryd and
allied industries in America are re-
9 living WAGES from r7b to 200 per
cent above those in pre-wsr times.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
Wooden Goods Require
Great Care IN
Cleaning

We have been very successful IN
leaning woolen goods q and other
heavy fabrics--you can profit By our
experience. We sterilize every piece
with live steam and drive out all dust
and dirt. Why take chances on hav.
"x your suit clicked up and scorch.
"a by the old way? Phone 1877 ano
dust-proof motor cycle wilP call and
deliver anywhere. Special attsntion
I" parcel post. Agent for two iarr.
st dye houses in the South.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

FOR RENT--Large, commodious 60
rage located .son Gadberry street
equipped with lights and sewerage
connection, Has lathe machine with
electric motor. Surrounded by
streets except on one side. Gas
tank and pump, also stand for
washing CARS For terms and rental
See w. 8. NcLure. d427-Sa&Tutf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

In the early days Of the American
petroleum INDUSTRY the crude oil sold
at the wells at the rate of SO cents
per barrel Of 40 gallons.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

Plants, though without special d.
gestive oretns, perform similar
process by means of their cells.
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23
ADVERTISEMENTS

BANK STOCK FOR SALE at bar
gain prices. E. F. Kelly e. Bro.
l524-ti
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

SPedigrees Of the Arab horse, said
to be the Oldest known domestic breed,
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

OR RENT--Four-room bungalo on
North Church street. Just s1mp!et-
ed. Has water an d lights. w. =.
McI,ure 1563-T.,-Sa' IT
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

LEATHER uUODS-Collars, brides,
saddles, back bands, wagon lines
and hame strings at close price.
Peoples Supply Co. 1559-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

OR SALE-sA2M Majestic range with
lot water attachment and hot water
tank, in first, class condition; has
been used very, little. Inquire at
the Wonder Store. n 12-19-2l-23
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

FLOUR - ask anyone
using it as: to the quality. More
and better bead. j. l.. Calvert.
Jonesville,, s. c. 1554-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

MISS DIXIE FLOUR = Self-rising.
If you have some special baking to
do try it. You will be delighted.
J. l.. Calvert, Jonesville, s. c.
1554-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

,u.POUND TIN LARD CANS with
top. rs cents. each. Peoples Suppl,
Co. 1881,
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

OR SALE OR RENTS. w. Mitch
ell's home on Church street. Will
sell one fourth cash and balance in
three years. Will rent furnished
or unfurnished. 8. w. Mitchell, 2229
Vail Ave, Charlotte, N. c. 1565-6t
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

OR RENT-Downstairs fiat, all
modern 3conveniences, close in.
Terms reasonable. Apply to Mrs.
Virginia Estes. 1563-6tpd
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

MONEY TO LOAN-An unlimited
amount Of money to loan on city or
country property on from one to
five years. This is quick money an
can be secured in 10 days. time.
S. f. Barron. 1544-1
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

GOUSE FOR 3RENT--5-roon house
with bath, hot and cold water and
electric lights. Located on Pine
street; closs In, See w. s. .McLure.
tl631-Th&Sat-tf
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

202 AvES at a bargain; new 4-roor
dwelig, plenty of timber, 40 acre
of g1psbranch bottoms, good pas
turdti a good section. $40 pc
acre3H quick deal. E. F. Kell.
& BHUnion. 8: c. 1524-t
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

APPLER, bto.GHUM and Red Rust
Proof S&capQ'ats. Red May and
Leap' Prolifi: Wheat. j. l.. Cal
vert. nesville, S. c. l554-tt
The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-12-23

As-ss-5 ~ 1s % ~ isca(f S43paa-
Shoals md Some Adjacent. Fam.
lies" b Rev. j. D. Bailey. Price
soc, Stamps or. money order. TIL,
Times, Jfion, S. c. 1540-t: