davidaulloa/AmericanStories huggingface dataset:
New Britain herald., 1922-07-25
ropAY,s CARD
Grand Circuit Program Calls For
 Some Good Events

Columbus, O., July 2b.--The Great Rose 0: the McDonald stable, favorite in the 2:11 trot, the s, and S. stake, feature event of today's grand circuit program at the Columbus Driving park track, is i'll and will not be started, 1t was said at the track. Czar Worthy likely will be the fnvorite in
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24
AvlvIp ROMANCE OF DESERT LIFE

Anesthetics were known and used
by the Chinese thousands of years
ago
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24

We Strengthened up in perfect feaf
oh. Why worry win our pitcher N
the bat?
And now the diresome little sphere
comes whiZzing thru the air
Our pitcher stood grinning-blue
eyes twinkling there
While the ball sped close beside TO
show he didn't care.
Derisive shouts from all about the
roadside rent the air.
But our eyes just rounded bigger as
we saw the mighty dare.
Strike TWO. All. the blue eyes lose their
twinkle and grow stern and cold,
The muscles of his brawny arms hard
as he takes hold;
\ lightning act. a mighty crash and
dust TO heaven flew
And fanS' walked on their. hands and
LiZZieS screeched and blew
fash of heels. a slide or two. a
mighty rending roar :.
Br. Blank is kept busy with his PEN
ell on the score:
And in flash three runs were scored.
the ball went half a mile
The fielder returned with il but he
smiled not a smile.
Ah--here on Taylor's Island we look
with beaming eyes.
Upon our mighty team with the score
board as a prize,
Lam bdin. Dashiell. Wiley. Barnes and
there's Neild. 100
Nears. Richardson. Elzey, Stewart
rhre" rouSing cheers for you.
-SECRETAR YBUG
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24
To Our Baseball Boys

1t seemed that they would beat al
the game the other day
The game stood TO with but another
inning TO play
So when Lambdin died at second and
Richardson the same
\ fiuttering was in the breast of the
reporter of the game.
\ few derisiVe shouts went up with
the cheering for the rest.
For they tho't for once they mad lis
and would yen their very best.
We ourselves. rad fears and quakinS
round our heart-Dut
A tho't sprang up Within us ''rhcre's
hope until there's not"
So with bated breath we waited till
the batter up was said.
And the name on first and ON deck
was blythe scorer read
Then upon us a stricken silence fell
While Neild took up the bat and the
Umpire let yell.
| Strike two! the gorgon yelled. and
there flew once more:
That fateful sphere a WhiZzing but he
hit it with a roar
And just did slide to first before old
First Base clasped
The ball within his hand and looked
round with(a dash.
Barnes. Oh knock a homorun. You
play q lively game.
Strike one! and If comes flying one"
again
Bang! Neild made second Ger knew
that
Barnes was on first with the pitcher
at the bat.
! Oh up from all that roadside a cheer
;, ing scared high,
And FordS did toot with JOY and mules
let out a cry;
| Old men jumped with joy. young men
! rolled and yelled.
! While the opponents looked the arrog-
/ ance that such an act compelled
! There was reason for the CHEERING" as
anyone could tell
| Who followed all our games and knew
the players We'll;
! But if you've been unheedful and need
the reason why,
! The Taylor's Island people had such a
! cleaning eye.
! Their wonderfully victorious pitcher
| who's turned SO many games
| Advanced toward the bat for his was
| written next of names.
! And straight he walked 0Ht--iuSl as
| modest as flower,
| Wisdom would have told You he was
planning a mighty hour
All our eyes We're upon him as a." tried
| to see which bat
! Would cleavc the air the quicker in
| the great and mighty act
! ALI our eyes admired him as h" care
| fully picked up dust.
| And rubbed it DER his palms rs ali
| good players must.
! Then while the opponent pitcher
| swung circles. Ger his head
And the Umpire rubbed his face be
cause OF yelling. SO red
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24

,ne or decreasing IN value the pre-
cess would not be affected. But h"
believes the plan embodied In his Dill
would present a medium of exchange
that would give to both the producer
and the consumer 4 stable return
in the one case for his commodities
and in the other for his dollars.
The manner in which he would
institute the adjustment dollar
(Which would be al 3 A NJ, Eastern
time on January S. 1920, as stated
in his bill, follows: !
The Bureau Of Labor Statistics
would survey the list of commodities
and the quantities of those commodi- !
ties marketed at wholesale in the
United States. From its data the
bureau would make up a list of about
100 selected commodities mot more
than 1875 and not less than $50 which
would be the most suitable for com !,
putting an index. Then the average !
price of each of these articles for the ;
year 1923 would be computed.
From the average price for each !
article and from the quantity of each
article listed in 1923, the computing !
bureau would create composite
goods dollar" The amount of .
each commodity put into the goods !
dollar" would be kept in proportion .
to the importance of that commodity !
in the total of selected commodities. :
After the right proportion OF each !
commodity had been selected. it !,
would be further limited that the
total value of all commodities put in
to the "goods-dollar" would be 100
cents, based on the average prices
for the commodities in 1923.
That "goods-dolla:" worth 100 !
cents and based on 1923 average
prices for the key commodities,
ginning in the following January,
there would be computation by the ;
bureau every two months to see what
changes had occurred in the average +
prices of the commodities used in
making the "goods-dollar." If it :
were found that the actual quantity j
of goods used in making the goods
dollar" had gone up in price to $1.05 !,
or down to 95 cents the deviation
would be noted and the Bureau OF
the Mint would be advised. !
The mint would have started Off
with the present weight Of the gold !
dollar as the equal in value to the
.goods-doliar" worth 100 cents. III
it received notice at the end OF two
months that prices had gone up TO
lO5 cents for the "goods-dollar' or
down to 95 cents it would change
the weight of gold in the standard
dollar accordingly.
In other words. the actual value
of gold in the gold dollar would be
made equal to the actual value OF
the commodities IN the 'goods-dol-
lar Immediately upon changing
the weight of gold in the dollar the
mirt would notify the public, and the
new weight would remain in effect
until another change in the value of
the "goods-dollar" was reported. /
There would be no actual gold
dollars in circulation.
The Goldsborough bill provides
that the mint shall receive all bull
lion gold offered it, paying in gold
bullion dollar certificates" at the
then prevailing weight of gold in
dollar. Provisions are made to
govern the movement of certificates
into circulation and from circulation, !
according to conditions, and to make
necessary adjustments with the exist !
ing system.
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24
Hospital Auxiliary
Elects Directors

The Woman's Auxiliary of the
MISUNDERSTANDING Hospital met
in the Directors room of the Eastern
Shore Trust Co., Monday night and
elected the following officers to
serve for the ensuing year:
Chairman, Mrs. Jas NJ. Roberts
son; Secretary Mrs. Lloyd Webster;
Publicity Director. Mrs. Russell P.
Smith.
The same directors were re-elect-
ed with the addition of two new ones
Mrs. John G. Mills and Miss Lottie
Henry.
Following the meeting Mrs.
George w. Woolford read the COM
mittees to assist her with the sup
per to be served the doctors on
June first.
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24
yOTICE TO AUTO OWNERS

Having severed my connection
with the Cambridge Auto Co., l have
opened a first-class Automobile Re
pair Shop on Race street. next to
Ruark and Whites Store, where l
am fully prepared to handle all
kinds of automobile work and shall
appreciate a share of the public pat
ronage. l shall make a speciality OF
Ford work and use genuine Ford
parts. All work fully guaranteed
Prices reasonable. Also second hand
cars for sale. ~aas.4
SAMUEL CANNON
Phone 43 Race and Cedar SIS.
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24
CHURCH. NOTICES

-Rey. S. E. Lucas will lead the
Prayer Meeting at st. Paul's Church
this evening.
Mass at st. Mary's Catholic Church
tomorrow morning at $50 o'clock
The Feast OF the Ascension.
Don't forget the festival to be held
on the Zion Church lot tomorrow,
Thursday, afternoo nand evening.
Delicious homemade cake, ice cream,
candies, etc. will be on sale.
The young people of Grace Church
will give an entertainment in the lee
ture room Friday evening at eight
o'clock. There will be plenty of
good music, recitations and dia-
logues; carmeis and ice cream cones
will be sold. Admission, adults 25
cents; children 10 cents. A cordial
invitation is extended the public to
be present and enjoy this delightful
entertainment.
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24
LIBERTY BOND NOTICE

The Eastern SHORE Trust Company
will pay Par for all issues OF Liberty
s. onda during the month OF May. 4
ahe. moneyis placed on deD0sit in our
Savings Department for a period OF
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24

Be sure to attend the Philathea
Festival on Thursday Evening, May
25th. All kinds of goodies will b
there for sale Music will be fur
nished by Bible Glass Orchestra.
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24
six 90 months.

six CO. months.
Victory Bonds taken At The mar
get which is above Par.
The Eastern Shore Trust Co..
G. AiILS. Cashier.
5f2-1mO-R-5 s. limo
The daily banner. (Cambridge, Md.) 1897-2008, 1922-05-24

The Annual Exhibit of the colored
High and Industrial School will be
held Tuesday May 25th, at the Pine
street building, from 10 A. NJ. to
F. NJ. The public is invited
New-York tribune., 1922-08-06
Merchandise Fair, Opening To-Morrow,
WiN Shorten PntI1 From Seller TO Buyer
What Retailers Are Buyine
By Alfred Fantl

kolH wholesale retail
sen reinforced
oh "hee
the confident of
eh entered in July the Very great
g IN wholesale buying is due also many
eeh'efs during the coming
he summation afforded by fairs displays theANaoa
" " I'VE" fo1x CITY, Thousands of buyers and
many thousands more due from Monday next
Farmers while still
relative prices 60 have excellent
TO De better patrons of retail during the more
recent 1a
"he buyers during the
growing demand
oeeh good business
e promise to afford
coat "A decided change evident
womens Sizes 4s 81
In lu the tendency continues
w g the shorter fur uskrat
oppossum
dresses with the styles beautiful are big
expected materials in
In waists while buyers spaingy they are now o
optimistic The favorite hohou
Darnerry and with Boses
long and three-quae sleeves so largely
Manufacturers ready sweaters mostly nove1+
h an mohar combinations Showers are mora
evidence than uxedos Scarves and SETS will be
popular In millinery there has
et-trmmed hats combined with velvet
(1s the third Of Of wekly
o "oesaee markets. y Mr. Fomtl uho weN buyers
Financial and Business
New-York tribune., 1922-08-06

on by the shoe, garment, millinery and
fur trades. Some of these. notably the
automobile show, have been direct
stimulators Of business, or have made
an appeal to the ultimate consumer.
The style shows, while resulting in
some business, are staged with the OBJ
ject in view of defining style trends
for the benefit of the trade buyer.
In the merchandise fair, however, a
much wider range of general commodi-
ties is being placed on exhibition, and
the chief object is to bring the buyer
and seller in immediate contact for the
benefit of both.
August normally is the month when
retailers do their heaviest buying for
the fall season. Stores of any size all
over the country send their buyers to
the wholesale markets at that time and
New York is the principal source from
which the various lines handled in
the stores are derived. Here are
centered the great garment industry
and the chief Offices of the textile mills,
together with the factories or selling
Offices of the host of manufacturers Of
accessories and novelty goods of all
kinds.
The promoters of the fair expect that
the concentrated showings of various
New-York tribune., 1922-08-06

IN the closing days of April of this
year tae repeated buying boom" made
itself felt on the floating supply of silk
cargo at Yokohama, 1t goes without
saying that the buying came chiefly
from the United States, which is and
has been for years the chief customer
for japanese silk Prices kept on
hardening. The market behaved so
well that the Teikoku Sanshi Kaisha
(the silk pool which has been trying to
stabilize the price of silk all through
the trying days of stress backed by
the government aid in the form of
loans) publicly announced that it was
gong to iquidate some of its holdings
it was going to supply the market at
the rate of 100000 kin a month & kin
equals .32 poundsl. At first traders
TOOK this as bear argument For
100000 kin of raw silk, in addition to
the new cargoes constantly coming into
Yokohama, was quite an amount for
the market to digest. They were en-
tirely wrong, however The very fact
that the Teikoku Sanshi Kaisha people
thought it wise to unload that amount
OF silk per month was in itself one Of
the most potent arguments for the
healthy ability Of the Yokohama mar
ket to handle the offering That pre-
clsely was the way things turned out
The market not only took the 200. 1000
kin offering, but it took it at a rising
price. There can be no more eloquent
comment on the strength of the silk
market
New-York tribune., 1922-08-06
Executive Committee

The general executive committee an
charge of the fair consists of Michael
Friedsam, chairman, B. Altman G. Co.,
New York; George W. Milton, the Jor-
dan Marsh Company, Boston, Samuel
Mundheim, Kaufman Department Stores,
Inc, Pittsburgh; l.. c. Nash, the Bur-
gess-Nash Company, Omaha, Neb.;
Samuel w. Reyburn, Lord & Taylor,
New York; Franklin Simon, Franklin
Simon & Co., New York; Elmer T. Ste
vens, Charles A. Stevens & Brothers,
Chicago; Percy S. Straus, R. n. Macy
& Co, New York; Oscar Webber, the
j. L. Hudson Company Detroit; Ira NJ.
Younker, Younker Brothers, Des
Moines; NJ. L. Wilkins, the Scruggs-
Wang ndevoort-Barney Dry Goods Com
pany, St. Louis; George B. Johnson,
R. H. White Company, Boston; j. P.
Allen, J. P. Allen g. Co., Atlanta, Ga; E.
G. Magin, L. Magin & Co.. San Francisco;
j. B. Shea, Joseph Horne & Co., Pitts
burgh; Leo C. Fuller, Stix, Baer & Full
Ter Dry Goods Company, St. Louis;
Max Holman, the Lindner Company,
Cleveland; Warren Short, E. E. Atkin-
son, Minneapolis; ]. D. Levy, Open
helm, Collins & Co., New York; Charles
Gimbel Gimbel Brothers; Max Neu-
stetter, the Newsletter Company, Den
yer; P. A. O'Connell, the u T. Slattery
Company, Boston, and s. NJ Goldberg,
New York.
The members of the ways and means
committee of the garment exhibit are
Franklin Simon, chairman, Franklin
Simon & Co., New York; Harry Hairy,
l.. Bamberger & Co., Newark; P. A.
O'Connell, E. T. Slattery Company
Boston; Oscar Abel, New York; /. D.
Levy, Oppenhem, Collins g. Co., Clay
Meyers, Joseph Horne Company, Pitts
burgh; S. NJ Goldberg, John w. Hahn,
executive secretary, National Garment
Association.
New-York tribune., 1922-08-06
Concentration Will Aid
in Making Selections
More Quickly Than I'm
der the Shopping Plan
A Wide Range of Goods
Wholesalers and Store Men
Will Be Able to Estab.
iish New Trade Contacts

space. In addition to these exhibits,
there will be a general fashion show.
in which twenty-five or more Of the
leading houses here will display their
latest fall models on 1875 mannikins,
who will parade down a ninety-foot
runway leading from a stage "a feet
deep and 70 feet wide. The fashion
show is being staged under the drec-
tion Of theatrical producer
During the fair both of the retail
associations will hold conventions. The
program Of the dry goods association
has been so arranged that buyers and
merchants may devote the hours be-
tween IL and l to the meeting and
then spend the rest of the day at the
exhibition booths. This schedule will
be maintained up to and including Fri
day of this week.
New-York tribune., 1922-08-06
Paid Is p. C.. Dividends

1t paid stockholders 15 per cent div-
dends. And at the semi-annua meet
ing of its stockholders Kojiro Mat
sukata, its president, announced that
it had on it's books enough orders tn
keep the plant at full operation for
considerable time to come
lie added that there WAS absolutely
no need whatever of discharging
single one Of its 10000 workmen at
the plant. He was also very confident
Of the company's ability TO pay IS per
cent dividend not only for this time
but also to keep on paying at the same
rate for a long time
While the company was called upon
to make great sacrifice not only
through the cancellation Of navy
orders, but also through scrapping ex-
pensive machinery and plant facilities
as we'll as throwing away the expert
ences which cost them twenty odd
years of painstaking study and expert
ence, as the direct result of the Wash
lngton conference he was sure that
he was voicing the sentiment of the
officers and stockholders of the cor
pany when he declared that they were
more than willing to sacrifice all that
Moreover, he told the stockholders
that the Imperial Railway Company
had placed the order with the COM
pany for l12 locomotives. 200 pas
senger and 252 freight cars.
Since last winter" said he in con-
clusion, this firm has received enough
orders to maintain the whole industrial
plant in full operation until 1924"
In the summer of 1920 number Of
people in Japan and elsewhere were
talking OF half million tons of Japa-
nese shipping being tied up. The
freight rate was diving into bottom
less pit. The coal rate between Waka-
matsu and Yokohama (Which is al
ways looked upon as criterion in
Japan dropped from the 20-yen peak
of the war time to l.sO yen~-iess than
one-tenth. While the astounding fall
of the shipping rate was true, the talk
of the idle ships of Japan was exag-
gerated. The Toxic Jill" took the
trouble to throw light on this matter
IN October, 1920. 1t published the re-
suit of its careful survey at every port
of Importance and published the re-
port in detail. 1t showed that the total
steamer tonnage tied up at the time
amounted to $1,000 gross tons. That
was pretty far cry from 100000 tons
of the popular rumor. Nevertheless,
shipping circles in Japan did not see
even the falntest hint OF daylight
until the summer of 1921. 1t was then
that European business picked up
again. Fourteen ships of the total tom
mage of 10000, of the Kokusai klsen.
were set aside to transport wheat from
the Pacific Coast of the United States
to Europe at the rate of 55 to go shili-
ings. Another Japanese firm got the
contract TO ship foodstuff from America
to Europe, calling for FIVE ships of
10000 tons altogether About the
same time came the sugar business
from Java to Europe and grains from
Australia to Europe
New-York tribune., 1922-08-06
Expected

Between 10000 and 10000 individual
buyers are expected to visit the fair
during the three weeks of it's progress
The fair will be open daily until 6
p. m. except Saturdays and Sundays,
and the general public will not be ad-
mitted, so thas the buyers will not be
hampered in viewing the various ex-
hibits
Five floors Of the Grand Central Pal
ace will be devoted to the showing of
fabrics of all kinds, accessories, leath-
er goods, jewelry, novelties, toilet
goods, etc. Almost 700 booths have
been installed for the exhibitors.
At the armory, where the ready-to-
wear garments will be shown, about
$50 exhibitors will have exhibition
New-York tribune., 1922-08-06

Finance" ne writes, graciously, zap
pearing in last Sundays edition of The
New York Tribune
II was especially interested in that
portion referring to suggestions made
to insure against members Of the New
York Stock Exchange being insolvent
and failing, to the distress of their
patrons.
THE objective, of course, is to pre-
vent loss of funds to customers of
brokers resulting from their insol-
vency, and it would appear to me
to be estimable on the part of the
board of governors of the New York
Stock Exchange to have all Of their
m members books thoroughly audited by
reputable certified public accountants,
fully bonded for the faithful perform
ance Of their duties, and have these au-
ditors merely make a report to the
governors, stating that sufficient as
sets are available to insure the Gus
toners accounts and that the brokers'
trading during the period covered by
his report has been of the kind which
complies with the code of ethics drawn
up by the Stock Exchange board.
"There would be no confidential in
formation passed through this report,
and any broker, thoroughly solvent and
dealing honestly with his, customers
funds, would be mighty glad to have
his company passed upon in this man
ner
81 would appreciate very much read
ing your remarks to this letter in a
future issue of your paper.
j. S. F."
In practice the Stock Exchange is
fast drifting toward system such as
our correspondent advocates. The
Stock Exchange perpetually employs a
staff of accountants which, without ad-
vance notice, drops into the Offices of
member firms to examine the books.
Where nothing irregular appears they
merely sample the records, rather than
make a comprehensive audit. AS re-
suit of the recent reform wave fostered
by Seymour L. Cromwell, president of
the Stock Exchange. members are
called upon to fill out an ail-reveaiing
questionnaire, preparation of the
answers to which takes a staff of ac-
countants fortnight for each firm.
The questions deal with the assets of
firm. amount and disposition of col
lateral left by customers, status of
bank loans and capital available. They
are answered by the firm itself.
All these checks are valuable in a
measure, but the main responsibility
rests upon the broker himself. In q
bubbling market, wheya prices swing in
New-York tribune., 1922-08-06

Those who sit up nights to invent
means for tinkering with the delicate
mechanism of the New York Stock Ex-
change frequently concentrate their
critical onslaught on facilities for odd
lot trading. Under the present rules,
buyers of less than 100 shares, the
normal unit of trading, must pay one
eighth to one-quarter more than the
price for the next full lot transaction.
This procedure has been attacked as
arbitrary, especially by those who look
askance at the large profits, real or
alleged, accruing to odd-lot houses.
Conscious of the need and the value of
rendering efficient service to the spec
ulator or investor of small means, the
Stock Exchange in the last two years
has made elaborate studies Of the pres
ent system Of odd-lot trading When
changes were considered the authori-
ties were restraind by the knowledge
that, if they removed the incentives
for oddlot business, the odd-lot deal
ers could cegse to function And SO
the system continues. It's defenders
say that it gives the best possible
average treatment to the individual
of relatively small means, and yet all
admit that it's practical application
often yields irritation.
Unofficially and in purely academic
manner the suggestion has been made
that the Stock Exchange ought to es-
tablish a junior market in separate
section of the Exchange floor, where
ten shares would be the unit of trad
ing Arbitrage between the regular
market and the junior market would
keep prices approximately identical,
and traders in small share lots could
get executions directly in an open
marketplace, rather than in the pres
ent artificial manner in the books Of
the odd-lot house. Close students of
the exchange from within express the
opinion that the junior market would
be better for appearance sake, but that
it would not put any money into the
pockets Of the purchaser or seller of
securities in odd lots.