davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1922-08-13
TONE TO
WEEKS BOND MART
Traders. Display. Hesitancy,
Awaiting Outcome Of
Strike Problems.

NEW YORK. Aug. Ii.-No very
in the bond market during the
week just ended. for traders have
been somewhat hesitant about 60
ing heavily into the market until
more definite news was out with
regard TO the strike situations, but
prices have nevertheless pointed
upward again. The recent falling
of of new capital issues brought
to this market for sale, which was
a striking feature IN the market
again this week. IL looked upon
cheerfuiiy by traders IN bonds for
the reason that they believe Il
augurs well for future prices.
Greater attention has been Ffven
OF late TO the cheaper and more
speculative bonds. particularly IN
the rail group. but that Il only
opinion IN Wall Street that the rafl
shares are likely 10 have a good
market wen into the fall Improve
ment IN business conditions gen
orally, however, aside. Of course,
from the strike dificulties has
brought many investors into the
field OF middle-grsde Issues. These
same investors year ago had
nothing TO DO with Issues below
the gflt-edged class. but are now
discounting the Improvement which
they feel should come as business
revfvea
The Washington herald., 1922-08-13

tive demand IL still in evidence, as
Is attested by the gain of over no.
900 tons in the unified orders Of
the United States Steel Corporation
during July. A further promise of
better business during the fall is
indicated by the governments lat
est crop estimates. which point to
bumper yields Of a number of sta
pie farm products. This presages
q gain In the purchasing power of
farmers in spite Of the recent tend
ency Of grain prices to soften, for
the reason that these crops have
been produced at the lowest cost
since the end of the war. Ample
supplies Of foodstuffs also will tend
to prevent q rise in living costs that
might prove conducive to further
unrest on the part of wage earners.
Large crops, moreover, mean more
business for the railroads with con-
seQuent Improvement IN their earn
Ing position and further progress
in the liquidation of rural debts,
which remain as a hangover from
the period of precipitous defiation
during 1s20-1s21.
All signs point to a continuation
Of easy money in the immediate flu
ture. The Federal Reserve banks
ratio of reserves to note and de-
post liabilities touched a high
point. In the present upward move
ment during the current week,
while their bill holdings showed a
further decline and now amount to
only third Of what they were q
year ago.
The Washington herald., 1922-08-13

NEW YORK. Aug. 13.-Notwith-
standing the lack Of direct evidence
early. in the week Of progress to-
ward an adjustment Of the labor
controversies at home, and of the
reparations difficulties overseas,
the financial markets exhibited an
undertone of quiet optimism, and
the upward movement in the prices
of securities was evidently in an
ticipation of an early settlement
of the troubles on this side of the
Atlantic. This view of the situa-
ton was justified to some extent
by the news of the latter part of
the week, which, though lacking in
concreteness. became more reassur-
ing. That rail shares should have
led the advance in the stock mar
ket at the very time that the coal
miners and the shopmen's strikes
had reached the most critical stage
was not without its significance.
Foreign Situation.
The situation overseas offers less
immediate promise Of a satisfactory
solution. The conference on repa-
rations in London has led once
more to an impasse between the
British and French premiers and
has served further to emphasize the
divergent viewpoints of the two
governments with regard to the
policy to be pursued toward Ger
many. The end Of the week, how
ever, brought q pronounced change
In the sentiment on the other side
and q growing belief that this con-
ference unlike its predecessors,
would not prove fruitless. but that
some compromise would eventually
be effected. Such a feeling was re-
fected in this country in the sharp
rally in the foreign exchanges,
though the German mark failed to
register the same degree of i'm
provement noted IN the French and
Italian currencies. and still remains
The Washington herald., 1922-08-13
FINANCIAL. MARKETS SHOW
QUIET, OPTIMISTIC TONE
Upward Movement During Week Promises
Early Strike Settlement.

close to its recovery low price. 1t
Is evident that only a radical de-
parture from the previous policy
Of drift, as followed by the allied
nations with respect to central
Europe, can prevent the further de-
probation Of German and Austrian
currencies.
Industrial Output.
The retarding effect OF the
strikes upon the output of aisle
industries in this country has be-
come more pronounced during the
week. Steel production has now
dropped to an average rate Of ap-
proximately $4,000. 900 tons a year.
compared with an average In the
second quarter Of 1922, of over S5.-
100000 tons. Lack Of fuel has
caused q large number of blast fur
naces to suspend operations. and
car shortages and embargoes have
interfered with the movement of
freight. The larger producers of
lumber also report q substantial re-
duction in shipments. Neverthe-
less the orders for material have
been holding up beyond expecta-
lions, and producers have been
compelled to reject business on &C
count Of their inability to make de-
liveries. Where buyers have been
slow in anticipating their needs
their demands sfor immediate ship
ment have become insistent. and
owing to the present temporary re-
strictions on production and trans
portation their stocks in many
cases are abnormally low. This
points to . sudden increase In traf-
nc when the existing obstacles are
removed and q congestion Of freight
and q shortage Of cars during the
coming weeks appear to be newt
able.
Goods In Active Demand.
Although the movement of goods
has been somewhat retarded, ac-
The Washington herald., 1922-08-13
COTTON DECLINES
FROM EARLY HIGH
Showers in Texas and Okla
homa Brings Recession
From Fair Rallies.

NEW YORK, Aug. 1.-THE cot
ton market had strong opening
with a rise of 10 to IS points. de-
veloping from yesterdays closing
prices on the absence OF any rains
of Importance appearing on the
early weather map for the western
half Of the belt. October contracts
went up to 21.2s on this rise, with
December, while January sold at
Clip. These, however. proved the
highest prices Of the day. as the
later weather maps showed showers
in the panhandle region of Texas
and reported rain at Oklahoma
City. Later the official predictions
for the western half of the belt
were of such a character as to lead
many to believe good showers
might occur over Sunday in Ar
kansas and Oklahoma and possibly
extend to Texas. The forecast was
for showers and thunderstorms to-
night and tomorrow for the eastern
part of Oklahoma and unsettled
condition all over the balance Of
the State, with the same for Kan
sas. with rain predicted for the
northwest portion OF that State,
while partly cloudy to cloudy con-
ditions are forecast for the whole
OF Texas tonight and tomorrow.
After the end Of the first hour the
market developed weakness on this
information. with considerable SELL
ing by local and Wall Street longs
reducing their holdings over the
weekend. This pressure with less
buying support turned prices down
to a maximum decline of 80 points
from yesterdays closing quotations
and nearly 40 from the early high
levels near the close. It was not
until after this break to the basis
of 20B cents for October and De-
cember and to 2o.70 for January
that enough new buying from trade
houses and local bulls came in to
check the slump.
NEW YORK COTTON EXCHANGE,
The Washington herald., 1922-08-13

Total against SIS, yesterday os94oo
week .ro 10 a year sgo
January to date against year ago
lao 95s.
The Washington herald., 1922-08-13
WALKER HOTELtO.!
OPENS BOOKS FOR
$4,000 $50 ESUI
Large Amount of Strul
lures Securities Al
ready Subscribed.

Books have been opened for sub'
scriptions TO the issue OF s7Bo. oo(
Of per cent preferred cumuiaffv(
participating stock in the waIk<|
Hotel Corporation and. Il "a an,
nounced. a largesamount OF the is|
sue already has been subscribed.
This issue also participates via
the common stock In surplus earn
ings. The earnings Of the hot<'
have been conservAtivelY estinste1
by hotel experts. and Il r. believed
that the earnings Of the preferrel
stock will be considerably in en-.
cess Of the 9 per cent mark
Economy Of Operation
The hotel has been planned Wild
very definite ideas az TO economy q
operation. In effecting this DAME
p. Ritchey. recently elected man
aging director OF the hotel. hai
been invalus bic to the architect
Robert F. Beresford. and the az
sociate Architects. warren ana
wetmore. OF New York -
Mr.. Ritchey, whose connection
with the finest hotels IN the coun.
try cover a period of thirty years
during which he has won a nation
wide reputation. states that Hote
Walker will be one OF the best Dc
signed and planned hotels. as vel
as one OF the most beautiful. IN Tn,
country-a model for others TO fol
low. He IS enthusiastic over the
outlook for the success Of the grea'
enterprise. which is 20 mean mucf
for Washington
The officers and directors include
some OF the best known successful
business and professional men Of
the city. and aueurs web for Z
strong administration of the eorpo.
rationf Affairs
The Washington herald., 1922-08-13
Geed. in Aetive Demand.

Although the movement of goods
has been somewhat retarded, ac-
The Washington herald., 1922-08-13
COMPLETE NJ Y. BOND SALES
W xlSss nas. nsaSss 4. Z. EasAsasa,

NEW YORK official
and inc.dn. close Of the Total sales soI7ooo
From January to dsse against
s234s.74t.ooo two : go
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
SUPERVISORS IN
SHOPS SAY THEY
TOOK No ACTION
Deny Statements of Shop
men in Message to Hard
ing That They Helped
Form Employees Assn.

Members of the supervisory
forces in the Santa Fe shops at this
point deny the charge made Friday
might by W. e. Wildhaber, secre-
tary of the Santa Fe system feder-
alton of shopcrafts, that they
played strong part in the forma-
ton here of an organization of
railway shopmen now employed by
the Santa Fe railway Mr.. Wild
haber's statement was telegraphed
!, to President Harding at Washing
ton.
J.. H. Meredith. president of the
Albuquerque local organization of
the international Association of
Supervisors of Mechanics, yester-
day sent the following telegram to
President Harding:
The President OF the United
States,
Washington, d. c.
Newspapers of this city this
morning printed a telegram adA
dressed to you over the signature
Of w. e. Wildhaber. which states
in part:
This alleged organization was
formed by supervisory forces caus-
ing to be passed around lists which
the employees were inundated into
signing"
Supervisory forces at this point
are members of the international
Association of Railroad Supervi-
sors of Mechanics and they wish
iyou to know that none of our
members had any part in forming
the new organization Of shopmen,
either directly or indirectly.
L. Fl. Meredith, President
Albuquerque Local No. ~, l. A,
of r. r. S.. of M.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
ASP |R|N
Insist on Bayer Package

Unless you see the name Lay
er" on package or on tablets you
are not getting the genuine Bay
err product prescribed by physicians
over twenty-five years and proved
safe by millions for
Colds Headache
Toothache I.umbago
Earache rheumatism
Neuralgia Pain, Pain
Accept only "Bayer" package
which contains proper directions.
Handy boxes of twelve tablets
cost few cents. Druggists also sell
bottles OF "a and 100. Aspirin is
the trade mark of Bayer Manu-
facture of Observation-Disclosures of
Salicylicacid.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
PRICES FOR CHALMERS
CARS ARE REDUCED

The Wood Motor company, To-
cal distributors for the popular
Chalmers motor cars, yesterday
received Geographic advice
from the factory reducing the
price on the various models from
$4,000 to $4,000. This is one
more forceful demonstration that
the Chalmers Motor Car COM
pany intends to, and does, lead
all competitive companies in BON
price and quality. :
VIM. Robert Wilson, president
of the Chalmers company, says
he does not propose that recent
reductions in competitive lines
snail be permitted to impair tbs
Chalmers position or future pros
poets.
Mr.. M. II. Wood, of the Wood
Motor company, says the Chal-
mersi company once more proves
they are 365 days ahead of all
competitors and that, Judging
from 16 years experience selling
chalmers cars, he is quite sure
the Chalmers company will main
tain their position as leaders.
The high quality Chalmers car.
at the new price, is unquestion-
ably the greatest value for the
money on the market today.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
AUT0IST RUNS OVER +
BOY AT BERNALlLL0:
CONTINUES ON WAY

A passing autoists at BernalilC
ran over Edward Euniz, aged ia
tearing the flesh from the boy
ankle and leg. The affair was re
ported to the sheriffs office yes,
terday morning, and an effort is
being made to locate the autoist,
who continued on his way unmind-
full Of the injury he had done. The
boy, who is the son of Rugby Euniz
of Bernalllo, was brought to St,
Joseph's hospital here.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
BUTTE dam is
kL.vATI0N OF
CROPS OF 1922
River Is Dry Above Big Re-
Clamation Project in Low
er Valley, and Prevents
Water SHORTAGE,

WdlCI SlIUI tdYc.
Special Correspondence to The Journal
Las Cruces. N. NJ, Aug. 5.
Elephant Butte reservoir
has again proved its worth
to the irrigation farmers,
orchardists and truck grow
crs in the Rincon,' Mesilla,
lei Paso and Juarcz valleys
in Southern New Mexico,
West Texas and Old Mexico.
There Is ample water for all
practical purposes.
Il. NJ. Lawson of Eel PasO,
manager of the Rio Crande
project, who was In Las CRU
ces today on the way to the
dam and lake, reported that
the Rio Grande is dry at the
head of the reservoir, and
that the water now used in
the valley below the dam is
that which was stored in
previous years.
'If it had not been for the
Elephant Butte reservoir"
Mr.. LawtOn said, "there
would have been no water
for use from the Rio Grande
for irrigation. A similar con-
dition existed i'm 1913 when
the river at lTl PasO was dry
during July. August, Sep
TENDER and the fOrepart of
October. Many farmers were
Obliged to resort to pumps,
which we're abandoned after
the reservoir was completed.
"Wcrc 1t not for the water
supply at the reservoir the
loss to farmers in the four
valleys would run well into
the seven figures"
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
SAFF0RD-MAGEE
F|ST|C BOUT At
STATE CAPITOL.
State Auditor and AIbuquer-
que Editor Mix in State
House and Carry Fight.
to the Capitol Lawn.

Santa Fe, Aug. 5.--Carl c. Ma
gee, editor of a weekly newspaper
published i. Albuquerque was
knocked out by Captain e. L.
Stafford, state auditor. in an i'm
promptu fist fight which began
in the corridor Of the state cap
ital at Santa Fe this afternoon at
1880 o'clock.
While it lasted, the bout is said
to be one of the fastest witnessed
in New Mexico sporting circles for
some time-though the match
seems to have been almost too
one-sidod, Stafford seeming to
have the best of the editor at
all stages of the game.
Stafford was an mp" with the
A. z. F. and knows much Of
things fistic. Magee has long
been toted as a top notcher. The
bout was not lacking in pep, some
so blows being started on their
way, according to fans who were
fortunate enough to witness the
event.
Magee met Stafford just after en-
tering the corridor of the state
capitol building shortly after 1
o'clock and is said to have greet
ed his opponent in an off-hand,
jovial manner. Stafford landed a
right hook and Magee~ lodged
and countered.
With this opening exchange Of
blows, Stafford cut loose and car
ried or battered Magee down the
state capitol corridor; out of the
door and onto the lawn where
he landed heavily, knocking the
editor to the grass for the count
with long range swing.
At this stage. Jesus M. Luna, Of
the state corporation commission,
became excited and prevailed upon
Stafford to stop further punish
ment Of the editor and to accept
the popular decision.
Magee's face was badly battered
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
BAND CONCERT
IN HIGHLANDS
At 8 TONIGHT

The regular open-air concert of
the city band under the direction
of Bandmaster Fred K. Ellis will
be given tonight from the band
stand in Highland park The con-
cert place was changed on this oc-
casion from Robinson park at the
request Of many citizens living on
the east side of town who are
eager to have at least one program
in their own neighborhood. The
program will be especially enjoyed
by the health seekers living in the
highlands who are unable to at
tend the lowlands concerts. The
park has natural amphitheater
for seating the audience.
The program for the concert
which begins at o'clock follows:
THE Star Spangled Banner"
Colonel Bates .......,. Amsden
(March)
Instantaneous" .....,.. English
(Stepper)
kiss of Spring ........ Rolfe
(Waltz)
Some Sunny Day" ..... Berlin
popular Fox TroD
"a Fireside Phantasy' Myers
(Serenade)
"Marche Turque" -. Eilenberg
(Masonic March)
ANITA LoSey
(Morceau)
Daughter of Love" Bennett
Concert Waltzes)
la Fatiana" .......... Barnard
(MeXican Serenade)
(a) Santus .............. Mozart
(From Mass in G)
(b) ITO God on High" ........
Mendelssohn
(Choral From Paulus)
'tAll Over Nothing at ALP :. Rule
Cox Trot Song)
ACROSS the Atlantic. Alexander
(March)
TAPS"
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06

and bleeding when the bout end
ed, but he was not seriously. in
jured. He was able to start for
Albuquerque about three hours
after the scrap, driving his car
home. Safford's only injury was
received when he happened to
lead with his right cheek and
Magee called q shot for that
pocket and landed.
The general belief is that SAT-
ford had grown tired of the at
tacks upon him which Magee has
been making in his publication.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
REPORTERS ELUDED
BY MISS MCCORMICK

Paris, Aug. 5.--Miss Mathilde
Mccormick has succeeded in ut
terly eluding news aper reporters
who, since her arrival from Amer
leo two days ago, have been en-
deavQring to get her plans for
meeting Ma, Oser. her Swiss
fiance. Her hotel was. abandoned
today, with the exception Of the
regular guests. and everybody's
mouth was sealed whenever the
name of Mccormick was men,
toned.
Zurich, Aug. 5.-Miss Mathilde
Mccormick. the youthful Ameri-
can fiancee of Max Oser, Swiss
riding master, is expected to arrive
at Lucerne tomorrow or Monday.
She will make short stay at Sells
berg. a health resort overlooking
the spot where much of the action
in Schiller's william Tell" took
place. Friends or Mr.. Cser said he
was expecting to accompany her
to Selisberg.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06

st. Louis, Aug. 5.--Crittenden
Clark. a negro lawyer, won the re-
publican nomination for one Of the
justices Of the peace in the pri-
mary Tuesday, the official count
completed today showed. In the
event of his election he would be
the first negro to hold judicial
office in Missouri.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
BACK FROM EASTERN
PURCHASING TRIP

A. G. Revier, the treasurer
manager of thes Golden Rule Dry
Goods store. who has been in the
eastern markets for the past few
weeks. returned to the city to-
day. Mr.. Revier is also the buy
err for his store. and while east
he purchased a, fine line of goods
for the fall and winter trade.
Some of the goods are now ar
irving and they are being check
ed up. marked and conveniently
shelved, ready for the opening OF
fall business.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
RAILROAD OFFICIAL DIES

st. Louis. Mo-, Aug. (by the
Associated Press)-James M.
Herbert, president of the ST.
Louis-Southwestern Cotton Belt)
railroad died here late this az
ternoon in his automobile in
which he was returning from the
Americans, baseball game. His
death was due to apoplexy.
Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-06
A. O. Wharton.

A. o. Wharton, labor member of
the U. S. rail labor board, heartily
indorses President Harding's plan
for ending the rail strike. Whar-
ton says that the side refusing the
proposals must take full RESPONSE
bility for the continuance of the
WallOut
, 1922-03-30
A Feeling Of Security

You naturally feel secure when you
Know that the medicine you are about to
axe is absolutely pure and contains no
harmful or habit producing drugs.
Such a medicine is DR.. Kilmer's Swamp
Root, kidney, liver and bladder remedy.
The same standard of purity, strength
and excellence is maintained in every
bottle of Swamp-Root.
1t is scientifically compounded from
vegetable herbs.
It is not a stimulant and is taken in
.easpoonful doses.
1t is not recommended for everything.
1t is natures great helper in relieving
md overcoming kidney, liver and blad-
der troubles.
A sworn statement of purity is with
every bottle of DIR. Kilh.er's Swamp
Root.
If you need a medicine, you should
have the best. On sale at all drug stores
in bottles of two sizes. medium and large.
However, if you wish first to try this
great preparation send ten cents to DR..
kilmer & Co., Binghamton, N. Y, for a
sample bottle. When writing be sure and
mention this observation-disclosures.
, 1922-03-30
COULD Do THAT, AT LEAST
Ex-Judse Landis' Advice to Elderly
Man Who Had Protested Against
Lengthy Prison Term.

In trying cases Judge Lands had a
style all his own. OF all men he hated
L liar most and some If his best
shafts of wit were directed at men
ne caught lying on the stand. One
IF his best examples of ready wit
occurred about twelve years ago, when
he was sentencing n group of defend
ints for oleomargarine "moonshining."
One defendant was a man past six
y years of age.
Your sentence" said the judge
pointing his finger at the old man,
will be five years"
"Why-why, l can't serve that. I'll
be dead before l can get through o
sentence like that" declared the old
man.
The judge leaned back for a sec
ond, then a twinkle appeared in his
eye. "Well,' he said, leaning forward
confidentially, "well, perhaps you can't,
but do the best you can, anyway"
, 1922-03-30
MOTHER! CLEAN
CHllD'S BOWELS WITH
CALIFORNIA FIG SYRUP

Even a sick child loves the "fruity"
taste of california Fig Syrup" If the
little tongue is coated, or if your child
is listless, cross, feverish, full of cold,
or has collie, give a te%aspoonful to
cleanse the liver and bowels. In a few
hours you can see for yourself how
thoroughly it works all the constipa-
ton poison, sour bile and waste out Of
the bowels, and you have a well, play
full child again.
Millions of mothers keep california
Fig Syrup" handy. They know a tea
spoonful today saves a sick child to-
morrow. Ask your druggist for genu-
inc "California Fig Syrup" which has
directions for babies and children Of
all ages printed on bottle. Mother !
You must say california" or you may
get an imitation fig syrup.-Advertlse-
lDent.