davidaulloa/AmericanStories huggingface dataset:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05
PRICES IRREGULAR
IN SP0TTY MARKET
eearish Elements Were Again
Busy In Digging Out
Weak Spots

New York, Dec. 5.--The movement
Of today's stock market wa. character
lied by virtually the same degree Of ir.
regularity attending the immediate pre-.
cetlins sessions. About the only no.
ticeable difference was a rerceptible
narrowing Of the swings Of the general
list and Diminishing Of the dealings.
For the most of the morning the
greater part Of the list drif'ed in an
aimless sort Of fashion. Price varia-
tions of the leading issues we're confined
within fractional limits while weak
ness cropped out here and there az
| result of combination Of sporadic
liquidation. realizing snles from spec
ulators who bought on the recent rcac-
tiohs and moderate short selling.
Bulk " the dealings. however. were
supplied by the room trading contin-
gent. This element we're open sellers at
different intervals. hut were divided in
their market positions afr the early
sails. Some took the buying side in Il
vigorous enough manner to force up.
turns in several selected issues, while
others devoted attention (" seeking out
weak spots and puptting out fresh short
lines.
Studphaker was the chief feature of
the forenoon as result Of the nnticira.
tion of substantial stock dividend
dpcln ration by the board today. An
opening transaction Of $500 shares
pushed the price up "a points. A. the
same tim" Sterling Products was nd.
vancrd ~, points to- \ new high for the
year and Continental Can rQualed its
former high on again "f ~, points.
Clurtt Peabody also was run up )
points.
While these selected issues were jack.
ed up weakness in other parts of the
list. In truth. the persistent selling
of the railroads, including both divI.
dend and non. dividend paying issues,
later exerted depressing effect on the
whole market. Some Of the industrial
leaders. such as Baldwin. United States
Steel common and Pan American offer.
ed good resistance to selling pressure,
hut Studebakcr forfeited nearly all Of
its initial rise.
Having succeeded in checking the
rally which started last week. bear
operators were more active in putting
out new short lines Of stock. People 5
Gas was hammered down ~ and Mar.
land Oil. 3i.. while Tidewater Oil,
Lorillard Tobacco. American Hide and
Leather preferred. Great Northern,
preferred. ST. Paul pefcrred, Louis.
vile and Nashville. Gulf States Steel,
Houston Oil and Standad Oil Of New
Jersey dropped ] to 2h2.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05
NelUs for Investors

The Baldwin Locomotive Works has
received an order for four engines from
Brazil.
st. Pauls November freight loadings
increased 30 per cent over 1921 and
Rock Islands increased 1913 per cent.
Charles j. Shull has been elected n
member Of the Board of Directors Of
the Chestnut Hill Title and Trust Com.
pany.
The average price Of the twenty nc.
tive industrtals declined O.SO per cent
yesterday to 46.1O, and the twenty
railroads declined O.7O per cent to
SJ.18.
There has been admitted to the un.
listed department Of the Philadelphia
Stock Exchange today, Congoleum
spsny psr Ss%msn ssse,St'on sicsf warrants for no.
Broad Street National Bank stock.
holders have voted to increase the capi.
tai Of the bank from $3.50 900 To $375,.
600, and to sell the new stock at S75
per share, par value $50. Stockholders
Of record December 4 will be allotted
the stock.
Brooklyn Rapid Transit officials said
yesterday that system could not be-
taken out Of the receivers hands for
from four to six months. Present con.
diti0ns are such that II could not be
delivered to owners by January I, 1923,
as originally reported.
Directors OF the Whitman Mills, of
New BedfQrd. epnounced the calling Of
special meeting Of stockholders for
December Il for the PURPOSE Of np:
from $2, ,0o0. 900 to 81, hoo. do. Tho
increased capital will be used for the
payment Of 30 per cent stock dlvi.
dcnd.
Transaction on the New York Stock
Exchange during November totaled o.
ia. 100 shares, an increase OF 5.S2l,.
100 shares over 4 year ago, and dc.
crease Of 1,420, 100 shares compared
with November, 1920. The daily aver.
age trading was 02l ,4O4 shares, against
81 37s 81 ss:s a ys;,1 yy,c $50 in 1920 and
The Stock Clearing Corporation OF
the New York Stock Exchange an.
nounced that beginning with contracts
dated December 9, 1929. 1t would clear
York stock Exchange. Settlements viii
be made through the day branch Of the
corporation, In the same manner az
non cleared stocks aud on the same kind
-Iiggett & Myers special meeting of
stockholders Ia called January 8 to vote
OH proposal to increase the authorized
capital stock to- 800 900 900 from
S85. 762, 100. 1t IL proposed to do this
BY increasing the authorised preferred
e s+.1s0.soo from S2S; S:,n ;7o9; 500 and
&2l, ,4tI8, 400.
-Psrsly Brothers 4 Co. arp oferlnp
Keystone Power Corporation first en-.
mulativs Z per cent preferred stock at
$83 per share and accrued dividend
Yielding over 7.6O per cent. The Key.
stone Power Corporation supplies elec.
tion In an extensive area In northern.
central Penney ylyania, including the rit.
les of KauS, Mt. Jewett, st. Mary.s.
Ridgeway, Johnsonburg, Bcllefonte.
State College and Milesburg. this Terri.
tory having q population estimated 10
be Ia excess Of $4,000.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05
VS.. Certificates and Treasury Note,
tivsrpool Cotton

fAcceptable fsoV payment Of incom. m,
due on date OF maturity. 80
exempt from Federal normal incom. tar
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05
Commodity Markets
GRAIN MARKET

Chicago. Dec. 5.--Wheat scored II
moderate upturn in price today after
a little setback at the start. 4 decline
in Liverpool quotations appeared to o.
chiefly responsible for the initial weak =
ness here. but reports Of further rains.
interfering with the harvest in Argpn.
tina. actsl soon as more than an off {.
set: Trade. however. lacked volume.
The opening. which ranged from &c
lower to a like advance. with May
Sl.13E to $l.l5a. and July $i.O7La
to $1.O1A. was followed by a general
sag and then by rise all around to
above yesterdays finish.
Corn and oats were governed in tn.
main BY the action Of wheat. Some
thing Of lull in Western demand for
corn was reported. After opening n
shade TO Ac lower. May NAr. the
corn market eaSad little more. and
thea showed slight gains.
Oats started unchanged TO l4c higher.
May 42%c to 429sc. and held close to
the initial range.
Provisions were depressed by fall
in hog values.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05
LONDON STOCK MARKET
Trade Generally ouist and Ii.
Without lsadsrshlp-Rvbbsr. d.,

LONDON, Dec. GA drive was made
against Anglo. Persian oil shares onlthe
stock exchange today following the Re-.
vival Of rumors that the British Gov.
eriment intends to dispose Of It's inter.
eat In the company. Other issues IN
this department also lost ground. Roysl
Dutch was 34Ns. Shell Transport ana
Trading y 1910 and Mexican EagI.
Home rails were neglected and In =.
clined TO sag. Dollar descriptions were
dull and about unchanged. Continued
moderate selling Of ArEentine rails was
were quiet aud easier.
There was little doing in French
loans, but prices were well maintained.
Kaiirs were again stable and opera .
tions professional. Rubber shares wers
dull but generally steady. Industrisls
were steady but lacked snap. IIud
sons bay was Z 1919.
Trading generally wss quiet end che
markets were without leadership.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05
COTTON MARKET

New York. Dee. 6.-Cotton prices
were Influenced this morning by the
National Ginners' figures, which were
reported to indicate q ginning. to De-
cember /. of Q. .2GO, 900 bales and crop
OF 9,840. 600 bales. The report received
a bullish Interpretation. and the cotton
bought. as q result Of 1t. advanced first
prices II to p points over last night 4
close.
Liverpool vas also strengthened by
the ginning figures. Spot houses, New
Orleans and Liverpool bought here at
the opening. Commission houses and
Wall Street sold.
The market later met considerable
pressure from local sources and eased
"a a hout 10 nointa from the nneninx
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05

MoNEY.LGNolNo RAres
NEW YO8E-Money on cali. both clss,.x
Of colls teVsl opened today at 8 per Se,i
for lsnding and renewing.
H4MA11lYNN-csii. . ysr espt, tim.
monebn, - ppr' cont, " "A
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05

fractional improvements. Serbian
gained 1 points and Jugo.slavian rose
n point. Quotations were: Bulgarian
20; Rumanian .O3h; Serbian *
Greek l.25; Cxecho. .Sloyakian 3:i0 !;
Jugo. Slavian .35E; Polish :0O5S; fin'
nish ?.64; Austrian .OOl4N; nun
garian .O004H.
New York exchange In Montreal to.
day was nominal ut par. Canadiah
funds In New York we're nomtnaliy par
YESTERDAY,N CLOSING QUOTATIONH
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05

Liverpool. Dec. 5.--spnt cotton was ou,.,
today With. prices easier on The basis o. ~ a
The sales vsis Sooo b.i.s Ths - r.s.iDs: a. sSa /:
we're ps 900 baiss. Of which $500 SsI.s
were American. Futures were quiet in the
early dealings. Spot prices were: Am.ttcan
n,iddling, tslr. iS;itd good middiins. u. 5Sd
fully s,n mIdd'n{s .ad 80 ds mdiddiins tsd low
ordinary lS. .0d ''
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05
Domestic ear silver Marked VI

talon S;s Hrt Dee Ss7 sTa' sSs,.s S:T Hs't ~
S"S Mns Increased today f;S,Se fS Srs ~ fSis IN
crease is due 10 the decrssssd cost % @
,ransportstion. owing 70 the fanI tHsyv Ia y" o
silver purchased undsr the Pittmar Act 2
fhs PhiIs Mint Instead OF ~ ""
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05
Fewer Failures In Novsmbs,

New Yovk. pec. 6:-Brsdatssets rsIorts
H. SSSs;s;as SSss s.;s;s:s S;:;;,s
;lsN isss:1s;s "a ;s::: S:s.s:: (:
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-05
NEW YORK COFFEE MARKET

Now York. Dec. 5.--In response to
the stesdier Brazil cables, the local
market for coffee futures opened at an
advance Of 5 to 8 points this morning
on trade covering and demand FROM
EurOOean sources
The labor world. [volume] (Duluth, Minn.) 1896-current, 1922-01-28
EQUITY SH0p|S
NOW RECOGNIZED
dictate Cooperative So
He Wouldn't, Finally Re-
cognizes Actors Union

NEW YORK, Jan. 2e.-George M.
Cohan, the last of the theatrical
managers to recognize the ActorS
Equity Association has come into
the union fold, making Equity 100
per cent strong in the theatrical
PROFESSION. There is now not a
single company playing in the United
States which has a mixed cast.
Members Of the theatrical pro-
fession realize what Equity has done
for them knowing as they do the aw-
full conditions which prevails in
their profession before they were
organized.
Every member Of Equity, big and
little, at some time in his career
has felt the need of friends in strange
communities. Now they have those
friends in every town in the land
because they are a. part Of the great
labor movement.
The presence of this movement has
had a. most salutary influence on
the conduct Of careless managers
who otherwise would give little
thought to the. comfort or the con-
venience Of the actors in their COM
panies..
It may be noted that since the
coming Of Equity into the theatrical
profession the STRANDED actor" joke
has disappeared from the funny"
papers.
The labor world. [volume] (Duluth, Minn.) 1896-current, 1922-01-28

much an autocracy today as year
ago; it is as much without demo-
cratic sanction now as then, and it
is as clumsy, selfish and brutal now
as then. ~ ".$ ~.
Nothing has changed in any es-
sential except the political leaders
of Europe who have been too much
inclined all along to view the Rus
sian situation in the light Of what
ever might at the moment seem ex-
pedient in total disregard of the
democratic principles and ideals and
the hopes and aspirations Of the
great mass Of the Russian people
1.-THE political leaders Of the
United States are not compelled to
make any concessions of the sake OF
political expediency and the indus
trial leaders long ago found out that
experience with the Russian dicta-
Itorship is costly and productive only
of propaganda for the dictatorship.
American labor is uncompromis-
ing in its opposition to this or any
other dictatorship. and it seems no
reason for going to Genoa to do
what America elsewhere thus far
has refused to do"
The labor world. [volume] (Duluth, Minn.) 1896-current, 1922-01-28
TRUST TO Beat !. !.
. . HENRY He: Mr. FORD ON
<=M|U|.|S;i;C|LfSH|'||O||)A |
Auto Manufacturers Bid, He
Says, Must Run Gauntlet
Of Predatory Interests. :

Henry Ford believes he is being
"jobbed" by Secretary of War Weeks
in the Muscle Shoals proposition.
After a conference with Weeks,
Ford, seemed to feel that there is
slight chance of securing approval
Of his bid to take over that war
time venture. make it serviceable
to the Nation, and at the same time
rescue the $115,000,000 that has
been put into it..
Secretary Weeks says the bid will
be put up to congress, where it will
run the gauntlet of all the predatory
interests of the nation.
'The Fertilizer trust, the power
and chemical interests of Wall
Street, the money brokers and other
interests that fear to have Muscle
Shoals developed along lines that
will serve the people most" says
Ford, "are deluging Weeks and con-
gress with literature that grossly
misrepresents the. facts.
"This is not political matter to
be jockeyed and juggled about. Why
doesn't Weeks take it or leave it.
yes or no. as he would a private
matter? It means that now after
six months he is still asking what
appear to me as irrelevant questions
and delaying the settlement of the
matter.
1--WE didn't want Muscle Shoals
for selfish PURPOSES in the first r,looo
Hanged if we care very much wheth-
er or not we get it now. We did
not make the government a selfish
business proposition. It was an
industrial philanthropy which we
offered-an offer based on a desire
for great public service"
Ford says he was invited to make
his bid when he did not think he
wanted the property because it gave
him as he saw it an opportunity to
awaken the people to what they can
do if they study and utilize the wa
ter power possibilities of the ma
tion.-
1.-THE fertilizer people say we can
not manufacturer. fertilizer,' Ford
added. IF they think this, why
don't they go and talk to the chief
of army engineers. Say, those fell
lows would climb the Washington
monument rather than get the army
chiefs figures"
The labor world. [volume] (Duluth, Minn.) 1896-current, 1922-01-28
C0MPERS STILL UNCOhkPROMISINC
IN FIGHT ON SOVIET AUTOCRACY

WASHINGTON, Jan. 2e.-"The
soviet autocracy is evidently win
ming at leat,a temporary victory in
Europe. says President . Samuel
Gompers of the American Fedora
ton Of Labor, in statement rela-
tive to the economic conference call
ed by the allied supreme council for
Genoa, Italy, in March. ''Rut there
Is no. indication that it's success will
extend to the United States"
Il am among those who first
privately and publicly urged tho
need for an International economic
conference" continued the A. F. of
L. head, but now, as then, my con-
viction is that such a conference
should be summoned by the United
States; that the United States should
make the agenda and that there is
no place in such a conference for
Lenine and Trotzky.
1.-THE action of the Allied su-
preme Council constitutes recognl-
ton Of the soviets as the de facto
government of Russia. and no that
basis it is proposed to seat it's dele
gates at Genoa. The soviets do not
constitute de factS government
today any more than they did a,
year ago. The soviet power is to-
day as treacherous as then. Moth
ing has changed except the ideas
Of expediency entertained by some
leading European politicians and the
American Federation of Labor does
not arrive at it's convictions on the
basis Of their ideas Of political ad-
vantage;
"The British government, for one
has played fast and loose with the
Russian question. It succumbed to
the trade with Russia propaganda
but it got no trade and admits that
it got no trade. What it did get was
a continuation Of bolshevik betrayal.
'The autocracy of Lenine is as
The labor world. [volume] (Duluth, Minn.) 1896-current, 1922-01-28
Trade Union Enjoins Employers from Smashing Wage Con:
traet---:Acton First in Country's History Taken =
Union Labor,

terms Of the existing agreement,
the workers will have lost millions
Of dollars in wages. This loss is
directly attributable to the wrong
full act Of the protective association. I"
The labor world. [volume] (Duluth, Minn.) 1896-current, 1922-01-28
One. MORE ROAD: (.
FARMS WORK TO
BEAT ESCA Law
Private Concern to Do Repair
Work on Rolling Stock; Piece
Work to Be Restored

BALTIMORE, Jan. 26.-The West
ern Maryland Railroad Company will
discontinue control of its railroad
shops and do all repair work
future on contract. The contractor
who will do the repairing is the pres
emit foreman of the shops. which
will be leased to him, and the shops
will thus be taken out Of the juris-
dfction of the Railroad Labor Board.
The piece system will be put into eff
feet by the contractor. While this
Simple Simon subterfuge to evade
the Esch-Cummins Law so far as II
applies to the workers is ludicrous,
yet that law apparently cannot pre-
vent the fact being accomplished.
Movement to make the law ef-
fective must be made by the work.
ers before the Railroad Labor Board.
If there is no such movement, the
work will be done by contract, and
If there is such a movement it. may
require months to settle question
that Is patent to everyone as flag
rant violation of the law. In any
event, some of the repair work to
locomotives and other equipment
will be done on contract by the piece
system regardless Of the danger to
the travelling public and to commo-
dities in transit which such scheme
is sure to bring in its wake.
AS pointed out in a conference of
workers called by the Baltimore
Federation of Labor to consider the
subject from the standpoint of the
safety of the traveller. contract piece
work means hastily done, sloppy
work. It.; purpose is to produce
a greater profit to the railroad Off
Gals who own, the shops. at the ex-
pense> Of the railroads. stockholders
and at the same time develop, an
appearance of economy to deceive
them. Again, the sloppy manner in
which repairs are made under the
piecework system places in jeopardy
the lives of the workers and of the
tralelers and is one of the chief
causes Of railroad wrecks.
Under the contract piecework
system the railroad slogan safety
First" is call to the traveller to
use any other available means OF
transit than the railroad working
upon that basis.
The labor world. [volume] (Duluth, Minn.) 1896-current, 1922-01-28
DOUBLE Headline
BILL At THE ORPHEuM

The Orpheum theater which is
making record for the consistent
presentation Of exceptional vaude-
vile bills, comes to bat Sunday with
a double headline and all feature
bill that promise to attract wide at
tention. Hal Shelley. the noted musi-
cal comedy comedian shares head
line honors with little Ruby Nor
ton the dainty star of song.
Hal S. Kelley is from Broadway
where he is looked upon as one Of
the most brilliant stars that has
stepped out upon the Great White
Way in many a season. He first
gained prominence in Victor Her.
bert's 1.-The Girl in the Spot Light"
Then came Ntriumphs in $50 Long
Letty;'' THE Night Boat. and "Fid-
dlers Three"
With William Cary Duncan he has
written bright, meldious and laugh
able farce with music called "The
Mutual Man," In the supporting
company are three clever feminine
players including Ina Williams, an
eccentric dancing coincidence of re-
markable ability. Five song NAM
bers are introduced during the 80
minutes the act consumes. =:
Ruby Norton is a name to con-
jure with in the realms of melody
land. In theatricals she is known as
1.-THE Little Big Star of Song" and
the various comedy numbers she
uses are from the pen of Clarence
SIENNA who acts as her pianist upon
the stage. In musical comedy Miss
Norton scored an emphatic hit during
the New York ruin Of Nothing But
Love-"
Harry Kahne presents one of the
most interesting acts vaudeville. He
introduces, a series of studies in
thought concentration that make
him mental prodigy. He PERFORMS
six different mental operations at
once and the same time. With all
the mental processes involved there
is a wealth Of comedy and the act
is one that'both arouses and a great
deal of discussion and amuses at
the same time.
A snappy pair Of eccentric sing
ing and dancing funsters are Miller
and Mack who call themselves the
Bing Boys" Their songs, their
comedy patter and clever dances
are go to make up an act of unusual
quality.
Walter Daniels and Nina Walters
appear as two "old timers" They
begin their offering with some vocal
and instrumental musical numbers
and Mr.. Daniels who is q comedian
Of the old school soon has his audi
ences laughing loud and long at his
dollery. j., -
For something new, something dit
ferent the OrDheum management
recommends Bostock's Riding School
In How Circus Riders are Made"
This is a. mommoth circus in nina
ture introducing five circus riders
and horses. All the entertainers
are from the "big, tops" and you'will
not only be thrilled during the action
of this act buts find 2 thousand
laughing opportunities as we'll.
Kinzo is an interesting entertainer
with some new and lauzhable de-
vices up his sleeve. s.'.=t NJ. IL !: =.
Mrs. Sidney Drew OF motion pic
ture fame assisted by Thomas j.
Carrigan and Mary Alden is the
noted headline attraction starting
Sunday February S. ls.s rs x5sS
2 q - -
The labor world. [volume] (Duluth, Minn.) 1896-current, 1922-01-28
FARMERS keep WARM WITH CORN:
MINERS and FAMILIES STARVING

While Secretary Of Commerce
Hoover Is comforting with represent
tAtives OF coal miners and operators,
endeavoring to prevent a threatened
nationwide tie-up Of the industry
on April I, mines are being closed
In all sections Of the country, pur-
Suant to the announced program Of
the employers to make the work.
ers eat out Of their hand" by a
long preliminary siege OF starvation.
Miners are not the only victims
Of this heartless conspiracy. Every
where people are shivering during
the bitter cold of January because
Of the extortion Of the operators.
Retail prices have been climbing
constantly since last may. until to-
day they are many points above the
peak of wartime profiteerlng. The
large centers Of population, Where
the need is greatest, the suffering
IL most acute.
West Of Chicago fuel cost has
reached prohibitive figures. In the
grain-growing states farmers are
forced to burn corn because they
are unable to pay the price de-
manded for coal.
Miners who would eagerly ex-
change their toll for this corn are
snot permitted to enter the mines,
and the farmer and miner are both
losing.
Rs Starvation stalks in the mining
districts. Many thousands of fami-
lies are destitute. and Investigators
who have visited several fields have
been confronted with terrifying con-
ditions.
The public is familiar with the
situation in the Williamson district
Of West Virginia, where the work.
ers for nearly two years have re-
sisted the operators campaign to
permanently establish conditions
that are worse than feudalism. There
thousands of miners and their fami-
lies have been driven into the noun
tains. now covered with snow, where,
huddled in floorless, fireless tents,
they are suffering for lack Of food.
Women and children are without
shoes, and it is said that scores. of
infants are permanently injured be-
cause of the hardships into which
they were born.
III the face Of the most brutll
and inhuman terrorism inflicted by
the operators through an army OF
gunner. and deputy sheriffs the
miners organization has endeavored
to somewhat soften the hard condi-
tons of these unfortunate people.
Families are allotted CTS a week
from the miners funds but this Is
hopelessly inadequate to meet the
situation.