davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1922-07-17
Says SKILLET
Finn,Esq:
Texas Town Made Up Of
Invalids and Prospective
Corpses Bids Sweet and
Low for Dempsey Wills
obsequies.
Ru KIRK MILLER
By KIRK MILLER.

~ ISEASE, Tex. June, 17.-In.
accessibly located between
~ the towns OF EPIDEMIC
and RELAPSE, DISEASE desires
to make it's shortcomings public
so that IL Dempsey and Wills
fight here. everybody will be thor
oughly dissatisfied.
Our population is made up ex.
clusiyely of the most hopeless
The Washington times., 1922-07-17

Andy High Stopped.
Andy High, of the Robins. was
stopped by John Couch, OF the
Reds, after hitting for .3es In
twelve straight games,
The Washington times., 1922-07-17

MONDAY, July III 1922.
Read of Today's Game in Today's
Green and You Can't Miss a Move
Of the Griffmen. Louis A. Dougher,
The Times Sporting Editor, Is
Giving Readers the Right Dope.
The Washington times., 1922-07-17
MONDAY, JULY II. 1922.

Golf, Tennis, Baseball, Swimming
and Summertime's Leading Sports.
Each One is Thoroughly and Accu-
rately Presented for the Busy Fans
in The Times Sport Section.
The Washington times., 1922-07-17

hen they have left collage.
The Washington times., 1922-07-17

Lefty Mcintyre, the Aztecs' young
pitcher, finally has come into his
own. Early in the season, Mcintyre,
who pitched the Aztecs to a long
string of victories in 1921, was
bumped about in tough style but
eventually got going. When he will
stop is the question now. .
New-York tribune., 1922-10-05
In Wall Street
Ths Standard Oil "Melon."

To say that the proposed declaration
Of 100 per cent stock dividend by
Standard Oil of California directors
came as a surprise would be putting it
mildly. The Street had calculated that
it would be another member Of the
Standard Oil group which would be
the first to announce q special distribu-
tion of shareholders following the ac-
tion Of Standard Oil Of Kentuncky. Tne
consensus of opinion WAS that 1T would
be the New York company. The recent
action Of Standard of California shares,
however, indicated that something i'm.
portant was pending. The element Of
surprise in the 100 per cent stock divi-
dend proposal was expressed in spit
opening of the stock from 1917 TO
iS4, compared with Tuesdays last sale
at 12s. After further advance to 1876,
n new high record, the stock ran into
profit taking sales and receded TO
1s2M at the close, a net gain Of ~
roiryta
New-York tribune., 1922-10-05
The Proposed Capital Increase

The proposed increase in the stock Of
the California company from S115,0o0,-
900 to $3.50, 100000, involving the de-
claration of the 100 per cent stock
dividend on the s100.97t, iii stock now
outstanding, will give the company
100000 authorized shares Of par
value Of s25 each. This will be the
largest share capitalization Of any
member Of the Standard Oil group. No
intimation was given in the San Fran
cisco dispatches as TO the dividend that
will bo maintained on the increase
amount Of stock Of the California COM
pany. The present annual distribution
amounts to 81 share. In 1921 the
company earned a net of $33,5sS,2S1 on
the approximate total of 100000
shares outstanding, or s8.A5 Il share.
Out Of last years surplus s15,50o,ooo
was paid in dividends. Maintenance OF
the 81 ratio on twice the amount Of
stock would require about $31, 100000
annually. The company in the past has
been generous in It's distribution OF
dividends. In 1916 a so per cent stock
dividend was declared, and in 1917 one
Of 1913 per cent. or s23o,o0o,ooo
earned in ten years about 40 per. cent
has been distributed in cash dividends
and 60 per cent reinvested in the bust
ness,
New-York tribune., 1922-10-05
Baldwin's Untitled Orders

The Baldwin Locomotive Works,
according 80 an announcement yester
day, booked s14,437,147 new business
during September, compared with
$12,292,342 in August. New business
in the third quarter amounted -
$33,o02.071. nearly three times the
volume received in the first half of
the year. The amount Of untitled
business now on the company's
books is placed at s41,0oo,oo0, suf-
ficient to keep the plant running al
steadily expanding rate through
the first quarter Of 1923. According
to recent figures Baldwin had 622 new
engines to build ard 227 in its repair
shops. The plant is reported to be
operating at 60 per cent capacity,
compared with 45 per cent at the be-
ginning of September.
New-York tribune., 1922-10-05
Stock Prices
Again Rise in
Active Market
). O. of California Stock
Dividend Proposals Are a
Stimulating Influence; Oil
Stocks Most i'm Favor

This weeks upward movement of the
stock market, which was started by
the favorable turn to the news in the
Near East, was further stimulated yes
terday by the announced intention of
the Standard Oil Company of Cali
fornia directors to declare 100 per
cent stock dividend. The first phase
of the rally was undoubtedly due large
ly to short covering, but the sustained
character Of the advance over period
Of three days, according to brokers,
has induced speculative buying.
Continued strength in the sterling
and French exchange markets was
traced directly to the character of the
foreign news indicating that the
Turks will agree in principle to the
main peace and armistice proposals of
the Allies at Mudania. Marks, on the
other hand, which ara affected by the
increasingly demoralized condition of
Germany's currency, broke to the new
low record of eight-hundredths OF a
cent. Most Of the selling was reported to
have come from abroad.
On the Stock Exchange sales reached
a total of 1,170,000 shares, the largest
volume for the week thus far Activity
was greatest in the industrial group,
with oil stocks most in favor. The
buying incentive was found in the pro-
posed stock dividend declaration by
the Standard Oil Company of Cali
bers of the Standard Oil group will
soon take similar action.
Rails were comparatively neglected,
but interest was attached to the an
nouncement after the close Of the
market that the number of cars loaded
with revenue freight during the week
ended September 23 was So per cent
Of the greatest loading in the history
of American railroads. The total was
o73,291 cars, an increase of 27,372 over
the record of the week preceding and
a gain of 99,650 cars over the corre-
spending week of 1921.
Figures complied by the American
Railway Association show that the
granger roads are carrying about 20
per cent more grain than last year
and are also hauling considerably more
Of other commodities, including forest
products and ore.
A better tone to the cotton market
was attributed to the prospects of a
peaceful settlement of the Near East
problem, but there was some realizing
at the close as q result Of Southern
selling. Final prices were to 12
points higher. Sentiment in the wheat
market was helped by the steadiness
in corn, also by the frmness Of the
Minneapolis cash market and reports
that a million bushels Of Canadian
wheat had been bought against old ex-
port sales. The Near East news was
an unsettling influence, however, and
the close was B lower to ~ cents
higher.
New-York tribune., 1922-10-05
All the Oils Strong

The announced decision Of the Stand,
ard Oil Of California directors caused
active buying in all the oils, but It
was the Standards Oils that received
the greatest amount Of attention.
Among the spectacular movements On
the Curb were the following advances !:
Cheseborough Manufacturing, 24H
points; Ohio Oil, points; Prairie };
and Gas, 10 points; Standard on ot
Kansas, is points; Standard OIL Q? Ne
braska, II points, and STANDARD Oh OF
Ohio. 50 points. Standard Of New Jer-
gey on the "big board" sold up &c
21oA, but receded at the close to
2055s. a net rise of 1Ss.
New-York tribune., 1922-10-05
W hats Behind
ActiUe Stocks
! l5--N. O., Texas & Mexico

l5--N O.. Texas & Mexico
A broad diversifcation of Glasses
OF freight has enabled the New Or
leans, Texas & Mexico Railway to
retain a favorable earning position
curing the business depression,
lnis system consists of LOIS miles
ot road serving prosperous sections
OF Louisiana and Texas. The 81
Louis a San Francisco Railroad far
merry owned all the stock of This
company, but this interest was
wiped out through foreclosure nrior
70 the reorganization of the New Or
leans, Texas G. Mexico in 1915. The
$l5,O06.3o0 capital stock-all com
mons preceded by funded debt
OF S23,509,0 900. The largest item Of
TINS debt is an issue of s1a,5T9. 500
,non,,cumulative s per cent income
bonds, on which interest has haan
PAID in full since 1917. Earnings
Tor the hve-year period l916-'21 az
eraged b.6a per cent year on the
stock, figured on the basis of gov
erhment compensation and guaranty
during 1913, 1919 and 1920. on
actual operating results the com
pany earned an average Of 3.73 per
cent IN that period. In 1921 the
STOCK earned 7.27 per cent, these fig-
ares being the result after allewins
IuI! interest on the income bonds,
IN the hrst seven months of 1921 net
operating income of the New Or
leans, Texas & Mexico and its sub
sidlaries amounted to 81, ,4o2, 900, as.
compared with sS51,oo0 in the cor
responding period of 1921. Road
and equipment are carried in the
company's balance sheet at s38. .767.-
200. Dividends at the rate of per
cent year have been paid since tha
last quarter of 1920. Range of stock
since 1916: High, S27s, in Septem-
beI,, 1929; low, ION, In 1917; yester-
days close, 81ss.
New-York tribune., 1922-10-05
earn Products and Mallinson

Strength in both Corn Products ana
Majlinson Silk yesterday was con-
nected with the return of George B.
buchanan to the floor after Euro
pean tour lasting more than month.
Mr.. Buchanan, according to a yarn
going the rounds, did his utmost to
advertise Corn Products, while on the
other side, particularly in Paris: He
recently expressed himself as being
a "bull" on Mallinson. Both stocks
scored substantial gains yesterday,
particularly Corn Products, which ad-
vanced ga points to 1908.
New-York tribune., 1922-10-05
Northwestern Roads Busy

Railroads Of the Northwest, CONF
monty known as the grangers, be-
sides carrying about 20 per cent more
grain than last year, are hauling con-
sidcrably more other commodities.
A detailed report OF loadirgs for the
week ended September IS, this year
and last, compiled by the American
Railway Association, shows 1898
cars loaded with grain, compared
with 1912 last year, an increase Of
20 per cent. There was an increase
of 45 per cent in the number of cars
loaded with forest products and 50
per cent. in ore loadings.
New-York tribune., 1922-10-05
August Bsaii Earnings

Based on the returns thus far
made by the carriers TO the Interstate
Commerce Commission it would ap-
pear that the total August operating
income will run somewhere between
S52,000,oO0 and s53,oO0.00o. This "a
much better than earlier estimates
indicated. 1t was thought that the
manner in which some Of the Eastern
roads were hit by the strike woulA
bring net down close to $4,000, ,ooo
me more recent estimate of s52.-
100000. The more recent estimate of
$4,000, ,oo0-$5 100000 compares with
$69,oo0,o00 in July, s76,o0o,0oo in June
and $50, 100000 in August. 1921
New-York tribune., 1922-10-05
Transactions Yesterday i'm Listed Stocks
Summary Of Stock Exchange Dealings
STOCKS

{Copyright. 1922. New York Tribune rno)
New-York tribune., 1922-10-05
The Dolla,' in crcis 4 Exchange

! Foreign exchange rates worked
slightly higher in quiet dealings, cable
rates on London advancing at one time
to S4.42R. The close at s441A repre-
sented an advance of Ia cents.
Marks sagged to new low record at
.043s of cent, although the close was
fractionally above this figure. Changes
elsewhere in the list were small.
New-York tribune., 1922-10-05
Money and Credit

A further easing in the call money
market yesterday was indicated by a
drop in the renewal rate to Az per
cent from Az per cent the day before.
This was the rate that prevailed
throughout the stock market session.
New-York tribune., 1922-10-05

Bank Clearings-Bank clearings at
New York yesterday were: Exchanges,
S659,o00,00 balances, S48,00o 900.
Silver - London, S5 3-8c; New York,
domestic bar, 80 1-4c; foreign, 60 3-8c;
Mexican dollars 53c.
, 1922-04-26
Crime Cause and Effect

"A FARMER probably has more respect for cause and
n effect than most people in other IN other occu-
pations," notes the Chicago Tribune.
"a builder may put poor material in a house without
having the decay of It catch him with proof of his
offense in a short time. A merchant may pursue
a wrong policy of merchandising without having the
books show definitely within a short time that his
selling methods are wrong. Cause and effect will
reveal themselves eventually, but with the farmer
they do not wait very long.
eff he were to shirk his blowing he would not
expect to get his full crop. If he neglected his soil
he would not expect to find the harvest worth while.
If he paid no attention to his stock he would not
expect to have any.
"He is dealing with nature and he cannot send some
one to fix things up for him. He can't find any in
fluence which will get him out of the consequences
of what he does wrong. When he gets into that
court he gets a verdict on the evidence. The best
lawyer he could retain could not get the jury away
from the facts. It is no use for him to have his fall
money. He cannot be sprung out Of his troubles.
Most people in their business affairs know that
they cannot play fast and loose with cause and effect.
The business man would be glad If cause and effect
were as plainly defined for him in advance as IL is
for the farmer. He does his best to find causes.
Criminals abound in a community which has per-
mitted the relation between cause and effect to break
down. A criminal does not bring inevitable conse-
quences upon himself. It is the community which
says whether there shall be consequences or no con-
sequences. If the farmer could raise as good a crop
by throwing the seed over unplowed ground as by
Eeeding in properly prepared ground he would not
plow. If a gunman knows that a killing need not
interfere with his freedom he will kill.
eff he knew that il he killed the chances. were
ninety-nine out of a hundred he would be hanged
within six months he probably would not do the kill
ing. The criminal can spring himself. He can avoid
the consequences which should be deterrent, and the
community which has permitted the law of cause and
effect to break down suffers all the consequences.
People do what they think they may be able to do.
They govern themselves by what they think are prob
abilities. So long as crime thinks there is to be no
punishment there will be a great deal Of crime" e..
, 1922-04-26
Business Failures

COMMERCIAL fixtures are a valuable and sensitive
" measure of economic conditions. Although cur
-ent data reflect chiefly the influence of past condi-
tons. a comparison of these with what has happened
in the past may indicate what stage of the current
period of prosperity or revival has been reached.
Defaults in the first quarter Of 1922 have been
placed at 1877 aginst 4,s72 and 1927, respectively,
for the corresponding periods in 1921 and 1920. The
reported mortality exceeded even the 1916 failures
which, in the first quarter of 1915, followed the crisis
of the preceding year. The recent succession of 1000
failure months, to which April will probably be added,
is an indication that liquidation will be fairly thor
ough- However, the steady increase in the number
of business enterprises must not be ignored when
considering present insolvency statistics in relation to
those of other years.
While the item of total liabilities is apt to furnish
"a somewhat inaccurate basis for comparison. it is
Interesting to note that an increase of % per cent
in the number of failures for the first quarter over
that for corresponding months in 1921 was accom-
panied by an advance of only II per cent in total
indebteness, and that total liabilities have been de-
Ginning throughout the quarter. The inference is that
numerous small concerns arc going under Us an after
math of the business stagnatiou which began in 1920.
On the other hands, the ratio insolvencies involving liza
bilities of more than 100000 each to the aggregate
number of failures was Al per cent and At per cent,
respectively, for the first three months of 1922 and
1921, ratios which are high, as compared with the
first quarter percentages of 30 and 1.e for 1914 and
1915. An encouraging sign, however, is that gross
liabilities were practically the same for SOC such
defaults in 1922 as for 231 in 1921.
The increased number of failures is not an unmixed
evil. It was inevitable that, after n period of infla-
ton and of over-development OF productive capacity.
failures should be numerous. While the elimination
Of those concerns which cannot continue In business
without reorganization has disturbing effects, It pre-
pares the way for n larger volume of business by
those organizations which can survive the intense
competition of a reconstruction period.
With established Improvement evident in so many
phases of the economic situation, It appears that.
although weak spots remain, this country is in a fair
way to proceed toward general prosperity. The sit
uation abroad, however, is not as favorable on the
whole as it Is here, and In cur national economy we
are SO intimately related to the rest of the world that
resumption of fully normal business activity In the
United States VIII necessarily be retarded by adverse
conditions in other countries.
, 1922-04-26
TrifIing With Sacred Rights

TT g City Council. in its wisdom, should pass an ordi-
L nance making it a misdemeanor. punishable by fine
and Imprisonment, for any man, woman or child to
have the influenza, the country would consider the
proceeding n great joke.
Forbidding the symptoms and leaving the cause I'M
touched would be considered to the point of insanity.
Yet what shall be said of the action of a southern
city council which has passed an ordinance barring
jazz from the stage, public dances and possibly from
the homes of the people?
Now That they have taken the step the authorities
are in somewhat of a dilemma. They are puzzled to
know where ordinary music leaves off and jazz begins.
Is jazz caused by cymbals and drums? Wagnerian
music would come under the ban. Is it caused by
piccolo notes, high and shrill? Church organs would
be offenders. Is it jazz when a saxophone means?
There is no band in the country that hasn't a saxo-
phone choir in its Instrumentation.
What is and what is not jazz will have to be deter
mined by ukase. The question is not so much what
is decided to be jazz and therefore prohibited, but why
prohibit the symptoms and leave the cause untouched
The instance cited will probably afford more amuse-
ment than anything else and the City Council win have
to stand for the fun poked at it by the daily press.
Considered as a symptom, the Councils action may
Well cause serious thought. America is founded on
law, order and respect for government, on freedom Of
thought, religion and action so long as we do not
interfere with our neighbours rights in the same priv
leges.
THE passage of ridiculous laws and laws that cannot
be- enforced tends to make all law ridiculous. If we
follow such practices and make contempt for law
universal the land Of the free and the home of the
brave must become as Rome was and Russia is.
, 1922-04-26
Passing of Steam Power


The development of most NJ ,,a
latent riches in the earth.s ernst uust
depend on power in such ,mmsnsa
us ana tremendous quantities as
cn Dc possible only through the use
VI water power. The truth is that in
austry IS near tho end of its coal age.
steam. IL the figure may be permitted.
1 on It's last legs. Tho small Isolated
steam power plant, the steam.driven
locomatfve, in another generation or
Two, VIII be almost as truly relics "a
are Deadwood stage. General Wash.
ington's carriage or the gilded and be.
oizened state chariot in which tba
lord mayor OF London once n vear
makes a show Of himself by tourney
ing from Temple Bar to the Man.
sion House in medieval grandeur.
me other day I stood on a high
point on the south bank of the Ten.
hessee, at a point where the roaring
stream rs nearly two miles wide. and
suggests h Amazon or Yukon. nv
engineering friend pointed to tho
stream and said:
AT today's stage of the river there
Is eight hundred thousand horsepow-
er passing us. 1t is the power which
we must harness. here and in hun
oreos OF other places, If we are to
Int u national position ndus.
triaLy. For owe derived from steam
ana coal is utterly inadequate to the
demands Of industrial chemistry and
the electric furnace. Power from coal
ana steam has been found to be ut
teriy too expensive, save In the most
favorable circumstances.
Tn this new age of hydro-electric
power and industrial chemistry. there
VIII be revolutions IN industrial rela
lions For instance. Italy. the oldest
western civilization, well nigh fell out
Or competition during the age of
steam because II has no coal. We
think of South America as unable
ever to develop its mineral and metal
wealth because it han no coaI. But
today Italy is fairly launched upon
development OF its water powers.
among the greatest and cheapest
Whenever Italy can the
capital, its water powers will mako it
one Of the first Industrial areas in the
world.
both South America and Africa
far surpass Forth America and Eur
ope in water powers. We think of Mia
CARA, where there is already a com.
mercial development approaching a
million horsepower. and imagine that
our continent leads the world. but we
nave only one Niagara, and our water
powers in general will prove far more
expensive to develop.
'sThis is the condition we have to
look in the face Our continent is less
, 1922-04-26

war with n view to aseertainment of The war profits,
but that work connected with this investigation proved
70 DC OF a very difficult character, and that so far as
the rnernal revenue bureau has been advised no results
or conclusions hzve ever been obtained Fax n year
CT more no progress has been made along these lines
The treasury has also made informal inquiries of
the war department with respect to the Ford con
tracts for the manufacture of parts Of Liberty motors
and the contracts in connection with the motor trans
port corps of the war department and has been ad-
vised that no deductions were made from the regular
contract prices for articles to the war department.
The navy department has also informally advised the
treasury that in connection with the Ford contracts
for the manufacture of Eagle boats no deductions
were made from the regular contract prices therefor"
Secretary Melons letter to Mr.. Ford was written
more than a month ago. There has been no reply. As
the records stand. Mr.. -: received the publicity
but did not live up to mis- promise to cover into the
treasury the profits he made out of his country in
time of her distress. amounting to S29, 900, 900.
, 1922-04-26
The Fish

I caught a fish upon my hook.
A minnow. hardly worth
The energy to take a looki
A catch for ribald mirthl
Twas such n tiny little fin.
1t really was n frightful sin
To bring him up to earth.
On my return. one asked me what
I'd caught and I replied,
Boastingly, OF the fish I'd got
So long, so thick, so widel
I had a milder form of spasm,
A nearly wild enthusiasm
Describing how he died.
And as I went about and told
Others about my haul.
1 grew m~endacious, felt more bold.
And didn't shrink - all
From adding detail to detail
Ny minnow grew to be a whale;
1 never catch EN- small.
But what gets me In this: Somehow
Tho moro I talked about
My fish, tho moro I bent the bough
And stretched its measure out,
Until ut last I found that 1
Began to credit my own lie.
And lost all sense of doubt
And now I'm sure my fish cam,
through
Big as the fish hat Jonah drew.
HENRY EDWARD WARNER.