davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-06-23
Higher Prices
Emerge From
Mixed Trading
Railroad Shares Make Bes,
Gain; Mexican Petroleum
Cyrations Still Continue:
Lower Bank Rate Is Aid

fluctuations were sufficiently irregu.
lar in the stock market to be confus.
in9' but the underlying tone was strong
Both railroad and industrial average
prices were higher for the day. with
railroad shares the larger gamers. de.
spite the approach. OF the time when a
strike is threatened.
Tho perplexing character OF tho mar
ket' which Is more sensitive 10 internal
influences than to outside events. ap-
parently hos aroused the curiosity Of
the business conduct committee Of the
New York Stock Exchange. which has
started an inquiry to ascertain the mar.
ket position Of all members on the fast
moving Mexican Petroleum, as Of tho
close Of yesterdays market.
The fact that Pan-American Petroleum
now owns 734 per cent Of the out.
standing stock Of Mexican Petroleum,
as revealed IN the latter's annual re-
port on Wednesday, scems relevant in
this connection. With the floating sup
ply thus curtailed. spectators FOR the
rise, stimulated by the official estimate
that tho company is this year earning
al tho rate OF S36 year and by the an.
noureement that 1921 earnings we're
unprecedentedly large during IN un-
profitable year for most petroleum
| companies, have met little resistance
in their effort 70 initiate the market
value Of the shares. Mexican Petro.
leum yesterday closed at 1914, having
been quoted as low as 1864 OF January
10. and at the most depressed level in
1921 sold for s4iz, 500 a share less than
yeterdsy's closing price.
The reduction Of tho discount rate
from ~ TO per cent by the Federal
Reserve Bank Of New York, followed
by similar action by the Boston bank,
was a sentimentally favorable influence
on the stock market. 10 revealed no
new condition OF the money market,
which had been well exposed previously
by the 1uctuation Of open market
rates and by the investment market.
The reduction ordered by the Reserve
Bank directors was interpreted. how
ever, as official sanction for the judg-
ment that had already been informally
expressed In the various financial
markets.
In the current statement Of tho New
York Reserve Bank is a possible ex-
planation OF why the change In rates
was ordered this week. The bank in
creased its ratio OF reserves from s4.4
per cent 20 s7.e per cent as o result Of
decrease IN bill holdings and a gain in
gold. The system ns whole, though
gaining relatively less than the local
bank, also revealed a stronger condi-
tion largely as a result Of increased
gold holdings, rejecting new importa-
tions from London.
Price fluctuations IN the commodity
markets were irregular. Cotton quota
tions, rsllying as a result Of covering
from the low prices Of the day, closed
with losses Of .os 10 OILS Of o
cent pound. An advance IN the
wheat pit, on the other hand, was fol-
lowed by reaction and finally rally,
which made final quotations u TO III
cents bushel higher than at the close
on Wednesday.
Sterling and the Continental eI'
changes again declined.
New-York tribune., 1922-06-23

Bank Clearings-Bank elesrings NJ
New York yesterday were; Exchanges
S755 200, 900; balances, .S77,7eoo,O 600;
Silver -- London, 35Hd; New L0Ik'
domestic bar, 9s%e; foreign 'o%ei
Mexican dollars, b3Bc.
New-York tribune., 1922-06-23
Not In Steel Merger

Reports wers circulated yesterday
that the Brier Hill Steel Company
would be included in the Midvale-Re-
publie-lnland merger but we're denied
by Thomas L. Chadbourne, lawyer pro-
moter Of the combine. Mr.. Chadbourne
declared that any former plans 10 in
clude either Brier Hill, Steel q Tube
or Trumbull Steel had been definitely
abandoned because Of the opposition OF
the larger stockholders Of Nose com.
panies. The three companies, how
ever. which have consolidated under
tho North American Steel Corporation
will consummate their plans as soon
as conferences with the Federal Trade
Commission are completed. These
have delayed the calling Of. special
stockholders meetings to obtain their
formal approval of the merger.
New-York tribune., 1922-06-23
Call Money Firmer

An advance In the call loan rate 70
3h per cent before the finish yester-
day wa, regarded BY many as indieat-
ing the approaching termination Of the
easement In this section OF the money
markets, attendant upo last weeks
turnover Of funds II was noted IN the
financial district that tho call money
charge is Independent Of tho Reserve
Bank rate. nor did time loans on
Stock Exchange collateral show any r..
Fiction Of the rate cut Commercial
paper evidenced an easier tendency IN
response to the change. while the re-.
action In the discount market was in
tcnsifcation OF the recent dullness
New-York tribune., 1922-06-23
Southern Pacific Earning.

The Southern Pacific Company yes
terday reported a net railway operat-
ing income Of S3,656,o66 for the month
o. May. an increase of SiS93.s39 over
the corresponding month last year.
Gross earnings amounted 10 S2l.i23,9l4
and showed a decrease Of 1921 1902. The
increase In net was brought abou. By a
drop Of s2,32s.243 in operating ex.
penses. all operating items showing a
decrease
New-York tribune., 1922-06-23
Phillips Petroleum

Ne. earnings OF the Phillips Petro-
leum Company for tho month Of May,
after interest and taxes. but before
depreciation, we're officially reported
yesterday AZ sl,l04,3o0. Estimates OF
The June earnings place the total at
s1,25o, 900, which would establish a new
high record In the history OF the COM
pany. Gross production az present Is
reported as $4,000 barrels a day and
tho net production, after royalties, etc,
at about 10000 barrels daily.
New-York tribune., 1922-06-23
The Dollar in Foreign Exchange

Exchange on European centers again
ruled easier yesterday, cable rates on
London falling 2 Of cent 70
S442M. Continental rates also saggea,
Swiss francs falling under is cents and
cuilders dropping back 10 points. Sean
ssinavian sr,EiY I.Hss'ai rates also M turned lower
New-York tribune., 1922-06-23
Transactions Yesterday in Listed Stocks
Summary of Stock Exchange Dealings


lcopsriTht 1922. New York Tribune Inc
New-York tribune., 1922-06-23
Money and Credit

After opening and renewing st "a
per cent yesterday, call money again
demonstrated that the effect OF the
mid-June accumulation OF funds Is
passing by advancing TO 3is per cent
during the afternoon. The advance was
attributable 10 reduced offerings rather
than 10 any increase in demand. Mod:
erate activity was noted in period
loans on Stock Exchange collateral,
business centering largely in sixty
and ninety day funds, which went 20 !
and 4A per cent Quite little was done
al the lower figure. Six months money
was available at IA per cent. but was
- al37ht rAducst
New-York tribune., 1922-06-23

BONDS
The fool-killer., 1922-06-01
Reduced Rates

Well, folkses, I have decided to
risk nay chances on putting The Fool
Killer back to it's old price. Print
paper is still costing me twice as
rauch as it did before the war; but
the general trend of prices is down
ward, and I want to give my readers
the beneft Of all possible reduction.
because I know times are hard and
money scarce.
So please tell everybody you see
and send word to the rest that they
can now get The Fool-Killer again at
the old price-25 cents for single
eusbeription, or Is cents each in clubs
Of five or more at one time.
Now please rush in the subs like
you did in the old days, and I'll do
ny level best to keep 'em awake.
The fool-killer., 1922-06-01
Let Us Talk Over

Well, dear sinner friends, this is
Che Fool Killer.
How does it set on your stomach?
IF you like it you can get more at
headquarters.
The Fool-Killer is not even forty
'leventh cousin to any other paper on
earth.
It stands in class by itself, and it's
deld is as broad as the English
language.
This paper wears no bell, muzzle,
collar nor halter.
You can put that down to start with.
{ am the fellow who works at the
pump handle on this rag of reform.
never travelled any to speak of,
but T have read a great deal, and
have thunk some.
And then T started The Fool-Killer,
lust to quiet my nerves and to keep
she Old press from getting rusty.
From the seclusion of these wooded
dnills there will go forth each month
@ bundle of literary dynamite that
will shake the rotten foundations of
society and cause the church of
Man1mon to at least turn over In Its
sleep.
a The Fool Killer is a monthly mus
stard plaster for the blood-boils of
Society, Church and State.
1t is written with red-hot poker
dipped in razor-soup.
1t rides the devil a, straddle without
9 saddle, and spurs him at every lope.
1t is salted with wit, peppered with
humor, and seasoned with sarcasm.
Every line cuts like whip, and
every word raises blister.
If you are fool you had better not
smhscrihe for The FOOl-Killer. If YOJ
ere wise you will, and that settles it
JANES LARKIN PEARSON
Boomer, N. c.
The fool-killer., 1922-06-01
'BLUETS and BUTTERCUPS''

This little book Of poems was writ
ten by the wife Of James Larkia
Pearson, editor of The Fool-Killer.
The book contains about 20 poems, y
few written in the authors girIhooa
days, but most Of them in later life
It is neatly printed, and has a pie
aure of the author. I will send yoa
one postpaid for rs cents, and I will
also throw in for good measure an.
other little book entitled "An Auts<
biographical Sketch Of James Larkis
Pearson" giving a complete history
Of The Fool-Killer and it's editsz
Mrs. Cora Wallace Pearson.
Boomer, n. C.
The fool-killer., 1922-06-01
INTRODUCING MRS.
WALKER

In connection with the cam
paign which I have just started
to get a Linotype Machine and
broaden the field of The Fool
Killer, the following letter is of
interest. Mrs. Walker is the
cause of this new effort that [
am about to make. She saw the
great possibilities going to waste
and begged me into it. To Mrs.
Walker, therefore will be due the
lions share of credit for what
ever success we make. Mrs.
Walker is faithful Bible Stu
dent and a true friend of The
Fool-Killer. Read her letter and
catch her spirit of enthusiasm
for the great work:
Willard, Georgia, May 16, 1922.
Editor The Fool-Killer,
Boomer, N. C.
Dear Sir:
Being a constant subscriber, reader
and adnlirer of your good paper for
several years past land knowing some
of the difficulties you have to encount-
er in getting out the paper, due to
lack of efficient machinery and facili-
| ties, I've been thinking for some time
of writing a letter for publication in
| your paper and appealing to your
readers who are financially able to do
SO to aid you in securing Linotype
Machine to help you III your good
| work.
l realize that times are hard and
money very scarce, but I think we
should be willing and glad to help in
a worthy cause, and even make sac
rifce to do so, and [ am willing to
pledge you ten dollars each year, if
as many as forty or fifty other friends
will do the same, until Linotype
Machine is bought and paid for.
Now, Mr.. Editor, suppose you find
out the cost and terms on the machine
and figure out the best plan by which
I.you think we could aid you in secur-
ing it soon as possible, and let us
know through the paper. If you care
to publish this, and any of your sub
scribers and friends wish to join in
helping you as above suggested, they
can let you hear from them with ~
statement of what they are willing
to do. Here's hoping you may soon
get the machine installed in your Of
$ flee so that you can continue sending
out promptly your good paper filled
with such literary feasts of good
things as you know so we'll how to
provide. Your last issue was ''hum-
mer," and I wish everyone who can
read could take your paper, as I think
it is doing a great good in educating
the people on the important topics Of
the day.
Hoping that you may see fit to
: place the above suggestion before your
readers, and with best wishes for sue
cess, I am,
Yours se ere1y,
MRS. E. Y. WALKER.
The fool-killer., 1922-06-01

The trouble with the political
pot is that it always boils over
and puts the fire out just about
election time, and then we have
to go hungry till another cam
paign starts.
The fool-killer., 1922-06-01

for them. To all the friends who
agree to stand with me in this
campaign I will sell the cards at
a special reduced price. Each
card will represent a paid sub
scription to the paper. You can
then sell the cards to your
friends and get your money back
and a little extra for your trou-
BILE. Now how many Of you will
pledge to take dollars worth
of sub-cards each month? If
even one out of hundred of my
present readers will join me in
this movement we can soon put
it over the top. Come on, boys,
let's go.
Yes, it's hard times. know
all about that. Business dull.
Money scarce and hard to get.
But that's all the more reason
why The Fool-killer needs to be
read everywhere. I have a red
hot message for these very
times, and the people will take
to it better than they ever did
before. The people are begin
ming to see that something bad
is the matter with the world
and some of them are beginning
to say, Nov what if old Pearson
DOES turn out to be right, after
all ?"
You>Bible Students know what
I mean, even if the rest don't
I am talking especially to yor
anyhow. You know the king.
doms Of this world are falling
You understand what this trou
ble means. But the people il
general do not know what i
means, and they are so full O.
prejudice that they won't rea(
the other Truth papers. S.
there is where The Fool-Kille]
comes in. It makes them laugh
and then Grams the Truth down
them while their mouths AZ
open, and they don't realize wha
they are getting till they hav
done got it swallowed. I an
reaching thousands of peopl
with the Truth that never coul'
have been reached in any othe
4 way.
Now, friends, let's make on
big effort and put this thing owe
the top. WE CAN DO TT. Let
surprise the old Babylon folk
: by making The Fool-Killer a bi
success right here at a tim
when everything else seems t
be going to smash.
Don't order any sub-card
now, because I haven't got ther
= printed yet, but just write an
tell me if you will be one of m
buddies in the campaign to &c
+ + the Linotype Machine. I wan
to get all my crowd togethe
first, and then We'll dc big thing
l in a very quiet way. [ don
want any unnecessary blown
about it, but just quiet team
work among ourselves. Will yo
| be one of the team? Did [ hea
, you say yes? All right! Goo
, for you! Now every friend wh
will agree to stand with me i
: this please write me a few line
giving your full name and az
. dress, so I can get you all line
up and get acquainted with yo7
S Come along. now! Come alone
The fool-killer., 1922-06-01
Let's Try 1t Again

proposition straight through |
from one side to luther. There
amt no joke in it nor anything
to laugh at, so please keep your
face straight and your heart
wide open.
| don't think I need any intro
duction to you folks. Several
thousand of you have been sop
ping your mental hap-jacks in
my editorial molasses for about
twelve years now, and you know
pretty well what sort of shines
I can cut. So far as the LITER
AIRY end of it is concerned |
seem to have demonstrated that
I can deliver the goods. Tens
| of thousands of people all over
America are clanoring for my
writing this very minute, and
here [ sit away out here in the
woods without any proper faci-
lities for getting my dope to the
people who want it. I have to
confess that the mechanical o.
business end of The Fool-Killer
has never been as big a success
as the literary end. The paper
has never reached the tenth part
of the people it might have reach
ed if the business department
had been tuned up just right and
run on a straight efficiency basis.
But you see the thing has al
ways been largely q one-man
concern, and it has taken so
much Of my time to look after
the printing and mailing that
the literary end has often sutIer-
ed from neglect. By dividing
my attention the two ends of the
business have worked against
each other and injured both. I
started out twelve years ago
with a good supply of poverty,
and I've got most Of it yet. New
er have got able to put in the
up to : date machinery that
is needed to handle a large cir
culation. My press is good fol-
, $4,000 to 10000, but what is the
use to print papers unless I can
get them mailed out? The hand
ling of the mailing list is the big
job. For that purpose as we'll as
others, the thing [ most urgently
need is Linotype Machine
which will cost about $4,000.
l have made two or three efforts
in the past to get such machine
, but never have succe d. Have
been tempted to say that I woulc
never try any more, but thai
. sounds cowardly, and I am goins
to try again. A man has never
failed until he quits trying, ant
I serve notice right here that
), have not quit.
Several of my Bible Studen
] friends and others who have be
h come acquainted with the situa
t tion have been urging me her,
= Of late to start another campaign
8 for a Linotype Machine. Well
there it goes. We are going t.
J. see now just how many are will
# ing to help make this paper
lpower in the land. If I just ha'
i all you folks here in a bunch S
1t I could talk to you face to fac
). and show you the possibilitie
n that I see in this thing, yo
d would all be glad to do your part
and [ believe you will anyhow.
The fool-killer., 1922-06-01

WAKM NOTICE
ID net send postage stamps On sub
Gs9iDtton.
Remittances should be made BY
y9gistered letter, express or postof&ee
@0Ray order.
40 careful to write your own name
sAA aadress plainly, and direct ali
gsstars' and make all orders pGyabls
A&
THE FOOL-KILLER,
Boomer. 1865 North Carolina.
The fool-killer., 1922-06-01

Mntersa 90 second-elass matter
&aroh 3, 1916, ct the postoAes at
Nooner. n. c.. under the ast OF
&Rreh ;, 1879.
The fool-killer., 1922-06-01
tRmes Larkin Pearson EditDl
BOOMER, NORYH CAROLINA.

SUBSCRIPTION RATESs
Single subscription, one year, 25 cts.
En Clubs of Five or More, Is cts.
Monte Vista journal and Monte Vista graphic-reporter., 1922-01-07
SAVED so, 900. 900

This little document means .
saving of 3+o.ooo.ooo per year to
the producer" said Clifford 1horne.
Director OF the Transportation De-
partment Of the American Farm
Bureau Federation. a. be presented
the November 81 decision Of the
Interstate Commerce Commission in
the Grain Rate Case. This IL the
largest reduction ever ordered BY
the Interstate Commerce Commits
sion In It's entire history" declared
the American Farm Bureau FEEDER
stion's Legal Counsel.
The deeis.on affects rates on
grain. grain products and hay in
carloads between points IN the
Wsstsrn and Nountain-Paeific
0roups.
Ths American Farm Bursau Fed.
Monte Vista journal and Monte Vista graphic-reporter., 1922-01-07
RANK TO MAKE RHsURvEY

Word has been received from the
Federal Land Bank At Wichita. Kan
sas that u resurvey Of the territory
is contemplated in the near future.
This is brought about by the efforts
Of the Center National Farm Loan
Association. which has charge Of the
loans In this county.
There has been several slarins
mistakes made in making the boun-
daries OF the approved districts.
The land lying north and east and
west of Center is all outside Of the
approved territory. This IL the
land which the association believes
should be in the district and loans
should be made upon It. The ap-
plications nov in ere being held up
pending the findings Of the new en-
gineer. This will be done no doubt
in the near future. The board Of
directors OF the association and the
secretary-treasurer have worked on
this matter for the past four months
and they feel that the injustice done
by the former engineer will b rem
edied.
Monte Vista journal and Monte Vista graphic-reporter., 1922-01-07
FARM BUREAU PROGRAM Ii
ENDORSED By PRES. HARDING

1t Il not often that the National
Executive can be persuaded 70 rec
oKni1e the plight Of agriculture.
However owing to the great power
OF the farm bureau President Har-
ding has been brought to q point
where he has expressed himself on
its program. He said. e.. or late
years there have sprung up farmer
organizations with q very large
membership. with An aggressive and
intelligent leadership. and with =
way OF raising whatever funds they
may find necessary to promote the
interest Of their members D." "All
Of these are natural Developments
in the evolving change Of relation
ships and the modern complexities
OF productivity and exchange. -
1T 10 our business to produce and
coneerve. not to deny. deprive or de-
stroy.". "AIl the farmer needs Il
. fair chance and just such consid-
Grafton for agriculture A. we ought
to give to . basic industry and ever
seek to promote for our common
good"
No doubt that these words en-.
dorse the farm bureau program Ia
the United States. II Is up to the
farmers themselves to solve theiY
problems but they must apply the
Golden Rule.
Monte Vista journal and Monte Vista graphic-reporter., 1922-01-07

The government is beginning to
see IL. too. as witness the loaning
of tens Of millions by the U. S. War
Finance Corporation to hundreds OF
country banks for the sole purpose
of lending that money cheaply to
farmers As witness President
Harding's urgent advice to congress
to get busy.
And so. in New York and Wash
ington. find captains of finance
and captains OF government PUTT
ING THEIR HEADS TOGETHER
TO FIND THE WAY OUT.
The farmer is on forced buying
strike. but he never strikes against
work He is always producing-ai-
ways-year In and year out, good
times or bad. good weather or bad.
even though he knows tina, he will
los. money on his crops
This winter he ia losing FIVE
BILLIONS OF DOLLARS on the
1921 things he produced In toll and
sweat
THE PURCHASING VALUE OF
HIS DOLLAR Is ONLY rs CENTS.
He must spend 3.5s for the ne
cessities he bought in 1913 for 81
or l5s per cent more.
The year before the war he got
20 cents a bushei for his corn: nov
Monte Vista journal and Monte Vista graphic-reporter., 1922-01-07

The American farmer strikes
is
itsa q he has not"
doesn' for the i'm he
more MILLION families
%
Well nanciers of the beginning that
themselves and for manufacturer and
beginning
that
Of folks products Of
shop-a nd Of mechA ical
Monte Vista journal and Monte Vista graphic-reporter., 1922-01-07

he gets about 40 cents. But-ASD
HERE'S THE BRUTAL RUB-be-
fore the war he paid 1913 a ton for
his coal Ton the averaged. This win
ter he pays about slo.50 q ton. So
the purchasing value in coal OF the
80 cents he gets this winter for his
corn. Ia only about 81 or 22 cents
Before the war. the farmer got
$3.50 per hundred pounds for his
hogs. now he gets about $3.50. For
a wagon to haul the hogs to the rail-
road. he paid s77 In 1sl3-and
here's that dirty rub aEain-now he
rays 3l45 to $3.50 for the same
wagon
The cotton farmer. II Is true. gets
s3t for q hundred pounds OF cot
ton. where he got s2s before the
war But the majority OF cotton
growers are small farmers raising
only a few bales and II takes a huge
pile OF that light. fluffy stuff to
make 100 pounds. How much good
does the IS raise do him when he
has to pay about SIS MORE for his
wagon than he did before the war
must pay out almost his total prof.,
on q thousand pounds OF that same
light. fluffy stuff:
! could cite instance after instance
Monte Vista journal and Monte Vista graphic-reporter., 1922-01-07
psrtant Articles Of Interest Taken From the
Saguache County Farm ( Livestock Reporter

Grafton intervened in the grsiH case.
and presented the bulk Of the svi-
dence.
Where the increase on August IS
1920. amounted to 25 per cent. the
reduction shall be 12h per cent.
Where the increase on Aug. IS.
1920. amounted to 40. IS or 33 1-3
per cent. the reduction in rates shall
amount to 20. 17h and 16 2-s per
cent, respectively. In other words,
the Commission reduced the August
16, 1890, increase by 80 per cent.