davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
Unimportant Changes.
COTTON MARKETS.

NEW YORK, September 5.-An ac-
emulation of southern hedge selling
orders over the holidays was con-
sidered responsible for the early. de-
cline in the cotton market today. This
pressure was evidently felt in the
Liverpool market yesterday and again
this morning, with the result that
cables were lower than due, and after
opening 1 to Q points lower. active
months here soon showed net losses
of 25 to 80 points, with December
selling at 21.90 and January at 21.S0.
There was. a good deal of buying,
partly for trade account, on q SCALE
down, and the market was active at
the decline. Early advices indicated
no material change III weather condi-
tons and the over. holiday labor news
was considered favorable, but the
southern selling here served to en-
phasize the prospects for an increas-
ing new crop movement
NEW ORLEANS, September 5.-The
cotton market opened steady: Octo-
her, 21.34; December, 21.42; January,
21.62; March. 21.61: May, 21.5s.
LIVERPOOL, Ohio, September g.
Cotton, spot, increased demand; prices
steady; good middl{ng, 1859; fully
middling, 1874; middling, 1884; low
middling, 1899; good ordinary, 1904;
ordinary, 1.54. Sales, 10000 bales,
including 5000 late yesterday; Ameri-
can. 5,100. Receipts, 5000 bales. in.
GLIDING $500 American. Futures
closed weak; September, 1874; Octo-
Der, 1929: December, Hall; January,
12.06; March, 1900; May, 11.sI; July,
11.S0. t
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
Sees Prosperity Which May
Later Reach Initiation Mark
BY II. b. LAUFMAN.


PITTSBURGH. September 5.-Ris-
ing production costs have been ac-
companied by similar movement in
selling prices, and, with wages ad-
vanced and production increasing. this
section apparently is facing period
of prosperity which may even reach
imitation.
Practically all of the $4,000 coal
miners of this district returned to
active production of coal today. The
agreements under which they went
back to work had been signed pre-
viously. but the Intervention of the
holiday and the necessary cleaning
up at the mines prevented complete
resumption until today.
A stream of coal is starting which
may exceed even wartime produc-
ton. The only handicap is the rail-
road situation, but even if the lines
entering the district had full sup
ply of cars it is doubtful if they
could continue to move the mine out
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
LIBERTY NATIONAL
TO DOUBLE CAPITAL:
Shareholders Will Vote on
Proposed Increase Oct. 10. :
Local Stocks.
BY I. A. FLEMING.

Ohcers and directors of the, Lib
erty National Bank have practically
agreed upon an increase in the CAPT.
tai stock of that institution from
$3.50, 900 to 100000.
Circulars have gone out to the
shareholders of the bank asking
their approval Of such action, and a
vote will be taken at the bank rooms
tuesday, October 10, at ] O'Clock. in
the afternoon.
omcers Of the Liberty National
feel that the added capital VIII en-
aoie them to be of greater seryicA
10 their clientele. the demands on
their resources being greater than
they can care for at this time.
Theys also figure that they will
ne able to maintain the per cent
dividend on the doubled capital with
out any special effort.
IL Is probable, il the shareholders
give their approval, that the new
STOCK viii be issued share for share
az sI25 share. with a quick sale
OF the stock assured
This will be the third increase i,
tne capital stock of the Liberty Bank
since It's organization as the Liberty
Savings Bank.
At the present time the capital is
sL59,0oo and the surplus $4,000.
which will be increased after the
stock issue proposed to 100000 cap
ltaI and $4,000 surplus.
u. X Crissinger, controller Of the
currency, has given his approval to
the proposed increase in capital
Federal Finances.
For the month of August there was
surplus of s32s,6S5 in the govern
ment finances over expenses. For the
nscal year the deficit is s26.220.37S.
Personal Mention.
Edward ]. Stellwagen, president ot
the Union Trust Company: w. J.
Flather, vice president of the Riggs
National. and Frank Henry have re-
turned from the Poland Springs Hotel.
roland Springs, Me. They do this
regularly each recurring year, all
showing Improvement in health and
strength.
Victor B. Deyber has returned to
the Second National Bank after a
vacation somewhat prolonged by set
ting in new home.
William r. De Lashmutt, assistant
cashier of the Union Savings Bank.
has returned from vacation spent
in the mountains of New York state.
Local Securities.
Trading was just moderate on the
local stock exchange. but orders were
somewhat more numerous than in the
closing business days of last week.
Aside from strength in Lanston
Monotype shares, which sold up to 81.
little easier tone to Capital Traction
was probably the most important de-
velopment.
Traction opened at lo3E and solo
to 103, loss of about three-uuarters
of point, but there was no trading
to speak of at the decline.
Action in Railway common was con-
flned TO one small lot at sc x. and like
wise in the preferred. where a sale was
made at 1871. American Security and
Trust Company stock sold al 2s5.
Bonds were rather quiet. although
bid and asked prices did not develop
any changes of note. Potomac Consoli-
dated SIS selling for So and Washington
Gas IS at "a.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
CHICAGO LIVE STOCK MARKET.

CHICAGO, September 5 Omitted
States Department of Agricultural
Cattle--Receipts, $4,000 head; slow;
good and choice grades beef steers,
yearlings and beef cows and heifers
steady; other grades. weak to Is
lower: barely top matured beef steers
and yearlings, 100: bulk of fat native
steers of quality and condition to sell
at sT5al025; bulls, weak to 10
lower; veal calves, largely 25
off early, packers paying 11.50 20 1900;
stockers and feeders, slow; undertone
weak to lower; bulk fat she stock.
4.50a7.25: bulk bologna bulls. 3.85a4.15;
bulk vealers, 11.50a12.00.
Hogs-Receipts. $4,000 head; market
generally IS to rs lower; bulk,
ITO to 220 pound averages, s.25as.40:
top. s.45 early; bulk 230 to $50 pound
butchers. 8.90a9.15: $50 to 900 pound
butchers. S.40aS.7o: bulk packing sows.
6-50a7.0o: pigs. dull. mostly 7.50aS.00:
heavy, 7.75aS.90: medium, S.50a9.40:
light. a.15a9.35; light light. 8.35a9.00:
packing sows. smooth, 6.40aT.00; pack
ing sows, rough, 6.00a6.50; killing pigs,
T.25aS25.
sheep-Receipts, $4,000 head; native
lambs, mostly, Is to rs lower;
culls. so lower; top natives. 1915
to city butchers, 1850 to packers:
culls. mostly. $50: westerns, slow;
bids weak TO lower; few sold 1850;
others held higher; sheep, dull; tend
ing lower; feeding lambs, slow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
and Live Stock
GRAIN AND PROVISIONS.

: BALTIMORE. Md. September S
Especially .--Potatoes, barrel. 168al.9e
No. 2, 75a1.0O; cwt, 1.0oaL25: No. 2,
50a6O. Sweet potatoes, barrel, 2.00a
800. Vans, barrel, 1.50a2.00. Beans,
s s1e' Be sasv hundred d s.ooas.oo. Cab.
hundred, 3.e0a4.00.
Celery. dozen. 4oaso. Corn, dozen.
12a1S. Cucumbers. bushel, 1.50a2.o0.
Elephants, basket. 35a50. Lettuce.
basket, 1.ooal.75. Onions. bushsi. e5a
basket. 35a40. Tomatoes, basket. s5a
40; packing stock, bushel. SIS: yellow,
basket. 30a40.
Apples. barrel. 1.ooa2.oo; packed.
2.00a3.O0: busheI. 50a1.00. Canta-
loupes, basket, 50a1.00 Crab apples.
Grapes, basket. 1.00a1.50. Peaches.
basket, 5oa1.00: bushel. 1.50a2.5o.
Pears. basket, 75a1.00; bushel, 1.50a
zoo. Watermelons. each 5a35.
CHICAGO. September 5.-Although
the wheat market showed an upward
tendency at the opening today, free
selling on the part of houses OF east
ern connections led soon to setback.
The initial gains were due chiefly to
higher quotations at Liverpool. On
the other hand. reports were current
that European demand was mainly for
Canadian shipments and that in
quiries for domestic wheat were
limited. The opening, which ranged
from q to y higher, with December
1.o1A to 1.01R and May Io6A
to 10Y, was followed by decline to
well below Saturdays finish and then
something of a rally.
Dry. hot weather gave something
of lift to the values OF corn ana
oats. After opening % to IL higher.
with December 56ls to 66A, the corn
market ,sagged little from opening
top figures.
oats started a shade off to n ad-,
vance. December. 24k. and later
hardened a little all around.
Provisions reflected weakness in the
hog market
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
mo IMPORTANT
CHANGE IN BONDS
Special Leased Wire to The Star.

By Special Leased Wire to The Star
NEW YORK, September 5.-Price
changes in the bond market today
were. as rule, only fractional.
Trading was dull much of the time,
and there was a noticeable decrease
in the volume of business.
Outside news played only a small
part in the transactions. One in
stance of this was the apathy shown
by the Mexican government and 5
nouncement of the terms Of the Mexi-
can debt adjustment.
The fact that these bonds are to re-
ceive no bank interest would have
been considered very disappointing a
few months ago, but the market had
been prepared for the news by the
sharp decline which these bonds had
had from the top prices.
Action ON French Bonds.
French municipal and industrial
loans worked up slightly, while the
French government bonds held their
ground, with a rise of almost a point
in the per cents. Belgian SIS fell be-
low 1o4. Japanese As crossed 81 and
there was Improvement in a number
Rio de Janeiro IS of 1916, which got
close to par. Liberty bonds were
rsteady.
CnimpOrtant Changes.
The low-priced railway bonds, such
as ST. Paul convertibles. Missouri,
kansas and Texas adjustments, st.
Louis and San Francisco adjustments
and incomes and the Seaboard Air Line
bonds moved only fractionally in either
direction. New Orleans, Texas and
Mexico 5s advanced. and SO did the
Chicago and Eastern Illinois 5s, the
Erie Consolidated As, Northern Pacific
prior As, the Baltimore and Ohio IS,
New Haven IS and the Great Northern
Is, the last named reaching new
high. Virginia Railway first IS de-
clined.
In the industrial list Mexican Petro-
leum IS gained ground, and there was
continued activity among the steel is
sues, which were generally steady.
General Electric 5s, Wilson G. Com
pany securities and the sugar bonds
all were inclined to soften.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
RAILWAY STRIKE IS MAKING 6
AND JJNJMAKING MARKET PRICES
Live Stock Situation Indicates Higher Cost
of Meats-Unprecedented Shortage
of Cars In Sections.

from live stock and railroad centers
throughout the country.
Shortage Of Stock Cars.
There is an unprecedented shortage
Of stock cars throughout the entire
southwest. The cattle movement there
has been heavy and the necessity for
shipment Is increasing. This demand
for cars has followed extremely dry
weather, which has burned off the grass
on the tremendous summer ranges of
west Texas, Oklahoma. Arizona and
New Mexico. Cattlemen are seeking
to move their herds from the arid
ranges to the feeding lots of the north
ern and midwestern states, or to
ranges where the feed is better.
Orders for stock cars placed by ranch
men weeks ago have remained untitled
gram today from James r. Record, city
editor of the Fort Worth Star-Tele-
gram. who is in most intimate touch
with the live stock industry. The entire
range portion of west Texas, the upper
reaches of the panhandle and southeast
ern Colorado, New Mexico and parts of
Arizona are affected by the car short
age. according to the traffic bureau of
the West Texas Chamber Of Commerce.
In the case of some short rail lines
dependent almost entirely on trunk
lines for their supply of rolling stock
requests fled over four weeks ago
have produced not single car and
brought no intimation as to when
cars will be forthcoming.
Growers Make Appeal.
Growers sent in appeals from all
sections today demanding action
through the Cattle Raisers' Associa-
.tion, declaring they were unable to
get to market with their herds be-
cause of rail strike conditions.
This condition has had it's reflection
on the live stock markets in the shape
of diminishing receipts, Kansas City
reports. n also has a decided bear
ing on the prosperity of farmers OF
the middle west. who normally take
large supplies of stocker and feeder
cattle, fatten them and market their
grain in the form of live stock.
There seems Il decided probability.
however, that prices for pork and
pork products will decline rather
than increase. Figures compiled to-
day in Chicago indicate that the num-
Der of hogs sold by farmers will be
well above the average and ship
mentS are expected to total over 30
000. 1000 animals in the next twelve
months. A level approaching cents
for hog prices this fall is freely pre-
dicted.
Delay in securing cars for shipment
OF grain. on the other hand. is eN-
pected to have a beneficial effect on
prices for cereals.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
Reduction in Buying Power
of Farmers HaIts Trade
BY EARL ID. JENCKEs.


ST PAUL. Mimi, September g.
Twin Cities business leaders have been
forced to revise their estimates Of fall
and winter trade because OF the re-
duction in buying power Of the farmers
OF the northwest by reason of declining
prices for wheat, oats and potatoes.
Yields of farm products have been gen.
orally so large. however, that continued
business improvement is held to be GER
tain.
Plans for a bankers wheat pool to
aid in marketing the crop OF this sec
ton have been abandoned temporarily
as a result of freight car shortage.
Minneapolis and st. Paul are crowded
with visitors to the state fair this week
and wholesalers report larger pur-
chases, as country merchants are re-
stocking to meet the increased needs Of
their customers. Building operations In
this section continue active with as
surance of a new annual high record
before December 81 in st. Paul. Min
neapolis, Duluth and other principal
cities.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
NEW york SUGAR MARKET.

NEW YORK, September 5.-Early
raw sugar market was quiet. No
fresh business was reported and
prices were quoted at SIS for Cubas,
cost and freight. equal to 5.24 for
centrifugal. ~ r..
Raw sugar futures were easier I'M
der scattered Wall street and COM
mission house selling. with prices. at
midday s to 6 points net lower. There
was only q light trade, with opera
tors inclined to await developments
in the spot market. -
The demand for renners' sugers was
Iight and prices wers listed at CTS
for fiue granufa ted. &.
Keapsd FIXTURES nominal q,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
BY j. e. ROYLE.
Special Correspondent OF The Star.
Copyright, 1922

NEW YORK, September 5.-The rail-
way strike situation in certain sections
of the country is making and unmaking
prices for rib roa SITS and chuck steaks
for the remainder of the year.
Unless conditions are bettered short
ly. prices for the beef on the family
dinner table this fall and winter VIII
be higher. although the range upward
will not be extreme. Conditions lead
ing straight to that conclusion were
forcibly outlined today by dispatches
received within the last twelve hours
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
LEAVES $50 900 ESTATE.
Will Of Mrs. Sophie G. Casey Filed
for Probate.

The will of Mrs. Sophie G. Casey,
widow of Admiral Silas Casey, u. S.
n, has been filed for probate. She
left personal property valued at $5s.-
500. The heirs are two children, Miss
Sophie Pearce Casey and Mrs. Eliza
beth Bfspham of Philadelphia. The
latter is given thirty-six shares of
the stock of the Girard Trust Com
pany and the residue of the estate
goes to Miss Casey.
Attorney Justin Morrill, Chamberlin
represents the estate.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
BOSTON WOOL MARKET.

BOSTON. September (special).--
Prospects were bright today for q
more active week in the Summer
street wool market. despite the slight
check which has been apparent in
the buying Of wooden and worsted
cloths. The demand for -three-sights
blood and half-blood woods continued
unabatsd, and the call for hne and
quarter blood. which was apparent
last week. again made its appear,
ance. =
The tendency to shade prices seems
to have subsidized both here and in the
Philadelphia, New York and Chicago
markets.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
New York Industries Again
At Capacity Operation
BY JAMES ALLERTON.
s,.c,,, cor..pondent oflThe star,

Special Correspondent OF me sur.
NEW YORK, September 5.-Many
Industries which have been holding
down operations for weeks resumed
capacity operation in this section to-
day. VIZ.
Manufacturers in most instances
expressed the belief that conditions
now warranted proceeding with plans
for a big fall business. Demand un-
doubtedly has expanded. but there has
been little plant expansion ana In
some factories overtime work IL now
necessary to fill orders.
Makers of toys and novelties are
working at 100 per cent of capacity
in anticipation of the Christmas
trade Apparel retailers who bought
underwear Is moving briskly and
fairly heavy for their fall openings
are coming back with recorders. Silk
overcoat manufacture is active. Manu-
facture of cigars and cigarettes has
improved.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
Washington Stock EXCHANGE
SALES.

Washington Gas ISL 900 at 81, $500 at
94h.
Potomac Electric Cons. 5s-sI 600 at es.
81 900 at &C.
Capital Traction--l0 at 1885,. ) a, Io31,
At 103H. 25 at 1o3 -
Washington Ry. and Elec COMIC at 5sls
Washington Ry. and Elec. pfd.-I0 at 75n
American Security and Trust Co.-10 al 80
.anston Monotype-20 at ST.
NMoley-Call loans SaR mar cont
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
Grain. Produce
LOCAL WHOLESALE PRICES,

A4S@sASSo0As~~~
Egss-Strictly fresh. selected. can can.
died. per dozen. 80; average receipts
~; southern, %. &. ~ ~
Live poultry-Roosters. per H.. To-
turkeys per lb.. IS; spring chick
ems. per h., 2saso; keats, young, eacn'
SSa50; fowls, "a.
Dressed poultry - Fresh kiiieo
spring chickens, per H.. 3oaaS; mems
per d. 25;. ROSTERS. per lb., W. 'ul-
s Seys' per lb.. a5a4o: keats. souns'
1--we .stock-Calves. choice. per w.
medium. per h.. 11a12; thin, per 10.
PIGS, s.oOas.00 each; live hogs, per d.
: Snrn fruits--.r2' new. pei per ga
i1.yyVna3.UO; per bushe. -. Haros, re
10: Caiifornia oranges. per era er s.ee
G1;o o5o lemons. per box, A.Vo anta :.
ieaches. per crate, 1.50a3: 0O. . "a
al avu do. nearby. 5oa2.5o: Rockyiorus' '
getables-Potatoes, per bot,.. w
Ia I; zooa2.5O: per sack. 2.ooa2.5o; 70 Soro =.
S1oal.O0. Sweet potatoes, Nortn
una 2Q0a2.50: nearby, 2.50a3.00. Lee.nt .e
per crate. 50a75; New York, per cia "a
cymbi Gui R0p psr cr ssteoee' 75ai.oc
Unions, per sack. 2.25a2.50. Capp,a stI !.
west Virginia. 1.50a2.0o per pe On
nearby cabbage, per bbl.. l.ooa .ao'
Hucumbers. per box, 1:eoa2,'p. ra,ns >
toes, per box, nearby, sOa1. %. leans.
3.00a4.59 per Dbl. Peas, 2.0oa2.3y pT'
basket. Peppers. per crate. S'a .".
kale, 75a1.00. Spinach, per crate, 90 n
LOO. Lima beans. per quart l'a-V'
Celery, per dez.. 50a1.25.
DAIRY MARKETS.
BALTIMORE, Md, September 5
Especially. - Poultry Live spring
chickens. h.. 25a2s; white leghorns
22a25: old hens. 24a2S; white leg
horns. 22a23: old ROSTERS, Is; ducks,
19a22; small and poor. 15a16; pigeons
pair. 25; guinea fowl, each, 40 to 90.
Eggs-Loss off. native and nearby
firsts. doz., 80: southern, %.
Butter-Creamery fancy. h., 39a
3sh; prints. 39a41; nearby creamery
34a35; ladies. 26a27; rolls. 23a2s;
store packed, 20; dairy prints, 23a25
process butter. 31a32.
CHICAGO. September 5.-Butter-
Higher: creamery extras. 81: firsts
31ka33; extra firsts. 34a36; seconds,
291aa301a: standards. S5h.
Eggs-Higher; receipts, 1851 cases
firsts. 2Sa29k; ordinary frsts. 25a26;
miscellaneous, 27a2s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05

When members Of the BRITISH
cabinet meet at the end Of each ses-
sion they indulge in q whitehall din
ner. This Is an old custom, dating
hack more than 100 years.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05

"A curious fact connected, with
most of the great electrical inven-
tfons 10 that they were made by
|sinsn who did not have the adyantaee
~ assoientinc edncation. s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
BAR SILVER oUorArIovs,

NEW YORK. September S.-Foreign
bar silver. 70N; Mexican dollars, 64K.
! LONDON September 6.-Bar silver,
.35 y d per ounce; money * per cent.
Discount rates: Short and three
month bills, 2k per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
More Banks-.-More Business
One Hundred Million Dollars of Idle
Money in Washington

here in controversy has arisen IN
the of banking
Nation las involved
movement from
banks In
Will at the
OF
Oft thee tiles" in branches are located
Of community fully met with proper
make business Ihey en-
savings accounts
Of circulation
thousands of people OF
nducemen have hidden around the nome
old drawers cubby notes. under
carpets banks and numerous other risky makeshs
for hiding
Washington as shown by the reports
of the
their condition June 80 1872 EQUALS
of the people of washington
of over s1O0000.0o0.
Think of A dollars. which should be
building, the fur
of the city of Washington
Now why is idle is drawn
protected from loss and
work? like is derment If not
a
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
WASHINGTON "Under-Bankef'

comparison let us see just how far
Washington underbanked according to
look at it, 80 =.
of 50 banks in Washington as OF
bank to every S4l5 OF the
population Washington given as 4.11 and the 1ank de-
On the other
with population of s5261 has IL banks men
for 71Oo of population ana deposit per
s42960.
is to be found In the show
W. Va with population OF Ssoo5
BOAR or popuia1ioh with
a of s9997s
also find that Huntington w. Va with a popuaton o,
5o17 banks; 272 the population and
a deposit capita of 1852
Parkersburg. w. with population of 2oo5o has
of sS07.45.
4009 of population The total deposits
Ohio with population of 27ssI: has banks or
amount s5.425ss0 s194.54 capita.
New N. j. with population of 32.719. has
banks to every population. The total
deposit capita of $65720
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05

put All river equipment will be put
into use and millions Of tons viii be
moved by water.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-09-05
Where Another Bank Is Much Needed

Thus it is District of Columbia is not
matter of fact undetermined
why there ap,
the District of Columbia unbanked
therefore, idle.
This brings us down to ne Ana
making of 10000
Anacostia, bank
a Of the city of
Washington.
the adjacent
community, demand the establishment of another bank
bank and
this upwards Of 500 citizens Mary
the Merchants & Anacostia
that Of the banks
of kind in connection with the organization and
full value of add
for surplus
in addition as equipment and expense fund Out Of this
and including
done the organization
work Thus bank is ready to with it's capital
And this that those who
this have seized raise
service of another bank. needed?
unde a, m can meet In
and o organize bank themselves. but
munty hundreds Of people want to organize
why have not the right to do ths7 It
zens, even though we cannot T. vote et4 ,.
president Of authorized
bank owned and controlled
a branch bank and controlled from elsewhere.
ooi1HD'- N - :. 80 Il, RAYMOND E. HUNT.
.Anacosis 1905 Good Hope Roadss.E
Z Z September 8, 1922 :ssss <