davidaulloa/AmericanStories huggingface dataset:
, 1922-07-14
Silver.

NEW YORK. July 14.-Foreign bar
silver 7o%c; Mexican dollars 53Xc.
The Washington times., 1922-01-09
GEORGE F. BAKER GIVEN
PERMIT FOR RAILROAD JOBS

George r. Baker today was author.
lied by the Interstate Commerce Com.
mission to hold. until further order of
the commission, the positions of chair
man and director Of the Central Rail
road of New Jersey, president and
director of the New York and Long
Branch, q subsidiary. and the positions
Of director of the Dover and Rockaway
and the Bay Shore connecting railroad,
also subsidiaries, and the position Of
director of the Erie and its subsidiary,
the New York. Susquehanna and
Western.
Baker was given permission to hold
the position Of director of either the
New York Central and the following Of
its subsidiaries: The Cleveland, Gin.
cinnati, Chicago and St.. Louis: Detroit
River Tunnel Company; Fort Wayne.
Cincinnati and Louisville; Lake Erie
and Western; Michigan Central; New
Jersey Junction; New York and Har-
lem; Pittsburgh and Lake Erie; WALL
kill Valley and West Shore, or the
Delaware, Lackawanna and Western,
or the Lehigh Valley.
The Washington times., 1922-01-09

.or the prior year. Other miscellane-
Gus earnings aggregated N,06b,000.
and the remainder vas accumulated
from exchange and collection charges,
foreign exchange profits. commissions
from insurance plemiuuns and the
negotiation Of real estate loans.
"Of the. total expenses, OF these
banks during the period under. review.
amounting to $4.437 900, 1.-The largest
item represented interest paid on de-
posts to the amount Of 81, 644, 900.
which was $4,000 greater than the
amount paid during the preceding
year. Salaries psh I, amounted to
81, ALL 900, represer ting an increase
Of $2S5, 200. Other miscellaneous ex.
penses, representing interest and dis.
count on borrowed money and taxes
paid, etc., were $1,3S2 900. compared
with $1,087,0 900 in 1920. Recoveries
on charged off assets amounted to
$4,000. leaving net earnings for the
year. after payment OF all expenses.
$2,050, 900. q reduction compared with
the net earnings OF the previous year
Of 1922, 000."" -.
Losses charged Off during the year
on account of loans and discounts on
bonds and securities and other mis-.
cellaneous items were only $4,000 in
excess Of the amount charged off in
the previous year and amounted to
$609, 900. Dividends declared during
the year were 81 ,037, 900 in compari.
son with $929,00 during 1890.
The Washington times., 1922-01-09

Aggregate resources OF banks, trust
companies, and building and loan as
sociations in the District Of Columbia
amount to $247 ,321, 900. the report
shows, and includes fifteen national
oanks. six trust companies. twenty
six savings banks and twenty.four
building loan associations. % ~
One of the outstanding features Of
the reports, so far as the District o.
Columbia is concerned, Is the fact that
while the number of building and loar
associations in the District have In
Creased but slightly in the past twelve
years, their resources have increased
from $14,393.927 to $31,6S3,O00, and
their loans from s13,511,5 s7 to $780,
$4,000. an increase of over 100 per
Gross Earnings. 10,
The gross earnings of the savings
banks and trust companies. accord.
ing to the report, were $6.442, 900, or
$4,000 in excess of earnings for tho
preceding fiscal year. 49,. ..s
'The principal source Of the earn
ings of these banks" the report con-
tinues, was from interest amounting
TO .$5, 258,000 compared with $4,s20,0o0
The Washington times., 1922-01-09

oil Central and Eastern Europe and
bring back their foreign trade to
normal.
Cease Regulating Others. e~
The fourth principle Is that every
European power should cease trying
to regulate the governments and de-
termine the political systems of other
nations. This principle is supposed
to apply especially to the Bolsheytk
emissaries and propagandists in other
lands than Russia. 1t applied to all
the powers and their cabinets 1t VIII
do more to restore prosperity and
business than any other principle and
practice that could be devised.
Half the bankruptcy In Europe 10
due to the efforts of this or that
power like France to determine what
shall be the policy of the other pow
ers, like Austria, Poland, Czecho-S,o-
vakia, and even Germany. Hence the
enormous armies and war department
deficits. II the three or four Euro
pean great powers will stop their ef.
forts to impose terms on all the
weaker or smaller nations of Europe,
will practice a little of the self1le-
termination that they preach, they will
do more to stop the flood Of paper
money, abolish deficits and restore OK
changes than the United States could
do IL it responded to all the appeals
for financial help that we have heard
since the Armistice.
The resolutions adopted at the In
ternational Conference at Cannes are
many and ponderous, but they may
be reduced mainly to those four points
and principles. It Is a relief to find
so much sober sense in any interna-
tional negotiations that have a bear
ing on the worlds business.
That the language, like the pur-
poses, is businesslike. Is refreshing,
No nonsense here about "trusteeing
civilization" "salvaging culture"
"regenerating humanity" getting
together as friends" or the brother
hood Of man.! Even Russia's case
is to be handled in a businessiilSe way
The debts are owed; the debts mus!
be paid; that is all there Is to It, NJ
mingling of ethics, religion, sentiment
and emotion. Just business language
on business questions! ~ !.
The Washington times., 1922-01-09
Local Stocks.

SALES.
washington Gas TVS, $100@105.
u. oo00 1854, 10000 105%.
Capital Traction SIS. $1,ooo@s4k.
Potomac Electric LIST SIS. $1,000
s1k.
Capital Traction. 5@s7. s0s7. s0s7.
l0Q97. 70s7k.
washington Railway and Electric
pr, 2@6S, 6@66. .,.
= Washington Gas Light, 6@49H.
2@tsN. $3.50. 5@50. ~.
Continental Trust Company. 100
98h, 10@9Sls.
Mergenthaler Linotype. 2@1so. 20
lS0. 20l3o, 2@13o. 2@l3o. 10Q130,
Mergenthaler Linotype, 10Q129h,
10@i2sh, 10@129h, 5Q129h.
After call-Washington Railway and
Electric Is. $1,00OQ65h, $l,000065h.
Capital Traction. 2@s7h. ~
/, Washington Loan and Trust Com
pany, 10Q270. :
Lanston Monotype, 1o@72, 5@72.
10@72. 10@72.
4 Money-Call loans. sos per cent.
The Washington times., 1922-01-09

Here Ii the first promising sign OF
Turope's helping herself and not TALL
ing back constantly on America to
help her out Of her insolvency. A
European finance conference seems
far enough from American business.
hut 1t isn't. Some common sense and
good intentions in Europe would re-
open markets for American grain.
meats, coal, iron, machinetry, ETC..
which in turn would mean work,
wages and profits for American farm
,rs and farm workers, mine operators
and miners, factories and factory EN-
rloyes. .
The first principle laid down for
guidance of the next conference IL
that the European powers shall not
t-y to dictate to any one government.
how 1t shall organize or how II shall,
manage it's international business
tffairs. That means Russia. And.
without reference to Russia success or
failure, morality or immortality under
the present rulers, II is right.
Lesson of France.
II France under her revolution and
Napoleon's empire could be dealt
with. why not Russia? Most Of the
nations that detested the principle
OF the French revolution, continued
to do business with the French peo-
pie just as banker takes the de-
posits Of any man's funds and &C.
cepts payment o. note without in
quiping whether the money is
tainted" Peaceable living and bust.
ness among nations is impossible on
any other basis.
The second principle Is not men,
toned in the program. but is i'm.
piled. 1t is that Russia should ad.
mt her debts to other countries,
agree t, pay them and be admitted
to the conference of the nations. The
European countries that are so
anxious TO cancel the debts owed by
them to the United States are equally
anxious to collect the debts owed
them by others. Russia owes Eng
land about $4,000 ,000, 900 and France
about $500, 000, 900. If Russia will
make a settlement she doubtless has
assurances she will be recognized
ION principle" by all the powers.
The third principle is that in gen.
eral the governments set up under
the Versailles treaty win abstain
from robbing foreigners Of their COM
mercial credits and industrial invest
ments and such countries as Russia,
Austria. Germany and Czecho- Slo-
vakia. In all these countries the gov
ernments have strong communistic
tendencies. Confiscation is popular; 1t
is always being planned even though
not SO often executed. The great
powers wisely suggest that, though
the governments in question may be
allowed to seize the property of their
own people, they must abstain from
selling the foreign poperties under
their jurisdiction. That Of course is
absolutely necessary IL others are 60
Ing to help rebuild In q business like
way the feeble and insolvent nations
The Washington times., 1922-01-09
WALL STREET GOSSIP
Wan Street Gossip.

The financial district confidently
looks forward to easier money rates
and a plethora Of funds.
Some banks have manipulated sup
plies offered on call to keep rates
high. but they are doomed 70 failure
In view Of the gradual reduction In
the borrowings OF members banks
from the Federal Reserve. Two Of
the biggest institutions within the
last fortnight completely cancelled
their indebtedness to the Federal Re-
serve Bank Of New York. Others are
expected to do 30 in the near future.
Cancellation Of this Indebtedness
will enable the banks to offer increased
accommodations an their deposits
expands.
Time money rates are expected TO
work lower as the year progresses.
The credit situation revealed In
Chicago IL regarded as evidence that
the frozen" loan problems have not
yet been entirely eliminated. Diff
culties In the agricultural districts
probably have passed their worst
phase. but the effect In reduced buy.
ing and paying power has not vet
been fully written off,.
The agricultural situation, however,
will be the last to be cleaned up, but
Washington will bend all efforts 1t
can to aid In that direction. 18Th, =
The Washington times., 1922-01-09
ROCK ISLAND ASKS PERMIT
ISSUE 100000 IN BONDS

The Chicago. Rock Island and Pa
cific today asked the Interstate
Commerce Commission for authority
to issue 100000 Of its gen sral
mortgage bonds and 100000 first
and refunding gold bonds for the
purpose Of reimbursing its treasury
for money expended in construction
and betterments.
= At the same time the road asked
for authority to own 35,120h shares
OF preferred stock and 0,140h shares
Of the common stock Of the Chicago
and Alton abroad.
The Washington times., 1922-01-09
Stock Market Unsettled.

NEW YORK, Jan. 9.-After q show
of strength in the early trading, the
market became unsettled again, SELL
ing being pronounced In many groups
many issues, ranging from to 2
POINTS. Weakness first developed In
petroleum stocks, because Of the an
nouncement of rs cents q barrel in
Pennsylvania crude oil, q reduction Of
IS cents since last Tuesday morning.
The Washington times., 1922-01-09
CRUDE Oil IS REDUCED
ios CENTS BARREL At WELLS

PITTSBURGH, Pa, Jan. 9.-The
Joseph Seep Agency here, buyers for
Standard Oil announces that effective
at 10 o'clock today the prices for five
Eastern grades Of crude oil are reduc-
ed rs cents q barrel at the wells.
The new prices are: Pennsylvania,
1925; Corning, $3.50; Cabell, Sail;
Somerset heavy. 81 80; Somerset light,
nI6: Rasland Is reduced Is cents to
The Washington times., 1922-01-09

The Street now hears that the man.
hgement Of General Motors contem-
Plates changing the par value Of the
stock from SO to 500. The change
from the latter figure to the former
was done when the old stock, not
the original stock, sold around $500 a
share. The now stock il now sellfig
at the equivalent of $50 a share. ten
Of the present shares having beer
given for one Of the 500 par. Usually
distribute them to the public. Elk.
perience has shown that the new
shares usually decline. The Street
wonders whether the reported change
In the par value means that the in
siders look for q rise In the stock.
The Washington times., 1922-01-09
CLAIRvOvANTs
CLAIRvOvANTs -.
Licensed bv the District Of Colam6io
World-Famous Clairvoyant
PROF. MARCUS LA MAR

FOR YEARS sWASHINGTON'S FAVOR1TE
ADVISER. Most remarkable reader OF
human destiny of present age, spiritual
medium In a class distinctly alone. Prof
La Mar. has brought. about more happy
marriages, reunited more separated, and
helped more people out Of distress and
sorrow than any medium in America. He
succeeds, even in the most difficult cases.
where poorly developed mediums have
Tailed. Gives full names, facts. never fail
ing. Help and advice on love. business,
lawsuits without asking a single question.
Tells you exactly what you called for, 'ae-
cepting no fee unless perfect satisfaction
BIG 18th at. N. W. near z.
The Washington times., 1922-01-09
Liberty Bond Market.

Furnished By ". B. Hibbs a Co.
Prices at noon: avs, due 1947,
$96.18; LIST As, 1947, $3.50; I'd IS,
1942. 1910: LIST AIS. 1877, 1910;
I'd AIS. 1912. $s7.16; Sd AVS. 1928,
S97.S2; 4th AVS. 193s,$s7.44; Victory
ANS, 1923. $10o.0S; Victory 3x's, 1923.
81 90 OF.
The Washington times., 1922-01-09
JOHN G. SHEDD PERMITTED.
TO BE 3. & o. DIRECTOR

John G. Shedd today was authorized
by the Interstate Commerce Commits
sion to hold the positions Of director
of the Baltimore and Ohio and the
Chicago, Rock Island and Pacific. The
commission denied his application 70
hold the position Of director Of the
Illinois Central. . u ".
The Washington times., 1922-01-09
PROF.. BELMONT

Can read you life by the lines In your
palm, which are tho record OF your life
Being q graduate Of two colleges Of palm
istry, with his wonderful gift OF second
sight. enables him to- lift the veil Of mys-
terry and reveal to you important matters
ness matters, love. health and family
affairs: tells II one you love 10 true OF false:
what part OF the country 10 luckiest to
you; what to do to be successful In lifs
removes troubles OF all nature; brings the
separated together; tells the secret Of hav-
ing personal Influence with your associates
Prof. Belmont 10 q psychologist OF world
renown. Readings. u. 1915 New York
The Washington times., 1922-01-09
Speculation In Stocks.

The lowering Of interest rates and
the improvement in the chedit situa-
ton are opening channels for specu'
lation In common stocks. The yields
now obtainable on bonds are becom.
ing less attractive to those seeking
substantial return on their funds
and at the same time possible en-
hancement in principal.
Many people are taking advantage
Of the recent substantial advance In
bond prices to take their profits and
reinvest the money in seasoned pre-
ferred stocks. Money also will start
to flow into common stocks as con.
ditions improve; but this II not ex-
pected to be the general rule during
the first quarter of this year.
A good market in stocks, however.
II confidently expected this year.
The Washington times., 1922-01-09
Big Consultations

The coming year should witness
consultations In different industries.
Bankers declare that the merger OF
different relatively small companies
into large units is absolutely neces-
sary because Of the heavy operating
costs which have resulted from the
vast amount Of plant expansion which
occurred during the boom.
This In particularly true Of the
steel industry. Considerable prog
ress has been made on one steel
merger. Those In charge are proceed
ing carefully lest they might violate
the Sherman Antitrust law. What
ever ID done will be with the approval
of the Government.
The Washington times., 1922-01-09
MADAM D'ASHMAN,'

Crystal Gazer, Card Reader and Palmist
Your fortune can easily be forecast, told
how to avoid your many blunders Of the
T8T G MSn,I HAVE oy LIcWT s THa3gSH
ORrMOSr ADVISER. I have helped
hun DIS to happiness and better condi-
tion. Why not let me help your Tss 18th
Ut. N. W. Frank ga .
The Washington times., 1922-01-09

WE BUY, SELL AND QUOTE
| listed and Unlisted Stocks, Bonds and
Securities Of every description that are
Marketable. II you want TO Buy OF
Sell, call, write or phone MAIN sSa.
! RIEMER & COWS g 81; n p w
The Washington times., 1922-01-09
Banking Resources \
OF District Increase
District Banks Declared ST. O37 600 in Dividends Dur
ing 1921 Comptroller of Currency Reports
BY HARRY GUSACK.


Dividends amounting to $1,037yOO0 were declared by
banks in the District of Columbia during the fiscal
ending June 80 1921 according to the annual report OF
the Comptroller of the Currency, made public today
The Washington times., 1922-01-09
Conference at Cannes /
Important to America
international Business Conference Said to Be Fore
runner of First Sensible Program Since War.
BY GEORGE w. HINMAN.

Z CHICAGO, ILL.,, JAN 9-An international business con-
ference is in progress at Cannes. Why is it important to
the business Of the United States Because it is the fore
runner of another conference for which the first sensible
financial program since the has been prepared.
The Washington times., 1922-01-09
WASHINGTON STOCK EXCHANGE

BONDS.
PUBLIC UTILITY.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-06-07

didates for the position Of Director in
the Association to represent the
ninth district.
l.. D. Jennings, born in Sumter
County fifty one years ago. He is
the leading attorney of the Sumter
Bar, Mayor Of Sumter and President
of the Peoples Bank of Sumter, with
capital stock of 100000. He is also
connected with Mercantile interest
Mr.. Jennings was leader in raising
funds for prosecuting the war. He
was one of the prime movers in hay
ing the streets of Sumter paved, and
helped to secure The bond issue in
Sumter county for hard surfacing
roads in the county. He is also chair
man of the board for eXpending the
two and half million for building
these roads. He farms sixteen hund-
red acres Of land about four hundred
of which is planted to cotton. He is
the owner Of the Jennings Duroc Hog
breeding farm, one of the largest and
finest breeding plants in the South.
Mr.. Jennings was president Of the cot
in organizing the marketing associa-
ton.
Capt. w. G. Davis, is about fifty
three years OF age, is the leading at
torney of the Manning Bar, has been
connected with farming all of his busi-
ness life and is now conducting con-
siderable share crop farming. He is
president of the First National Bank
of Manning. He took an active part
in all kinds of war work activities,
and drives for raising funds. Capt.
Davis is chairman of the Commission
for expcnding four hundred thousand
dollars in building special highways
in Clarendon county. He was two
years president of the cotton associa-
tion and took All active part of or
ganizing the present cooperative cot
ton marketing association.
J. Frank Williams,
j. NJ. Windham,
d. E. McCutcheon,
Committee.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-06-07

A quiet wedding, but one of much
interest to their wide circle of friends
was that of Miss Ethel Corbett of this
community and Mr.. j. L. Pritchard of
Sumter, on Wednesday afternoon,
May 31st at the home of Mr.. J. E..
Cooke at Spencer, N. G. Only few
intimate friends witnessed the cere-
mony. The bride is a graduate of
Winthrop College of the class of 1912
and is a talented young woman. She
has a large circle Of admiring friends
having taught in different parts of
the state. During last year, she
taught in the Spencer graded school
and her services have given the high
est satisfaction. Mr.. Pritchard holds
position as travelling salesman for
WithcrspoOn Bros, of Sumter, and is
held in high esteem by his business
associates and friends. The bride
wore a stylish and becoming travel
ing suit of embroidered navy blue
trlcotine over a canton crepe blouse
of brown with oriental embroidery
and brown accessories. Her flowers
were white roses and valley lilies.
Immediately after the ceremony the
couple left for Washington, D. c., and
other points, after which will be at
home in Spartanburg, where Mr..
Pritchard has headquarters for the
present.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-06-07

Miss Bessie DuBose and Rudolph
Cousar are at home. They have been
attending the graded school in King
stree.
Mr.. and Mrs. Eugene McFaddin
and Ray McFaddin have lust return
ed from an automobile trip to Rock
Hill and Spartanburg.
Miss Arin McFaddin and master
Guy McFaddm have come home from
Enoree, where they have been at
school.
Mr.. George McFaddin of St. Louis,
IS here on visit to his old home.
This community was visited by
hcavy rain Sunday afternoon and
night. The crops on low lands are
ruined. Things are looking mighty
serious for the poor down trodden far
merS
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-06-07
ENLIST IN THE RESERVES

The 800th Company Coast Artillery
Organized Reserves is being organiz-
ed with headquarters at Manning,
Clarendon County. This company is
assigned to Battery Capron a 12-inch
mortar Battery in the Coast Defenses
of Charleston, Fort Moultrie, and the
present company commander has had
the experience of having served as
pit and range officer on this battery in
the late war. We are authorized at
present to enlist the following enlist
cd personnel:
1 First Sergeant.
l Supply Sergeant.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-06-07
PAXVILLE ITEMS

The prospects of the cotton crop in
this section was never poorer at this
time OF the year. Rains and cool
weather, assisted by the weevil make
it look as if there will be practically
none made.
On account of down-pour of rain
on last Sunday afternoon it was i'm
possible to hold the Sunday School
Day, service as was planned by the
Methodist Sunday School The super-
intendcnt, Mr.. M. B. Corbott wishes
to announce that the same program,
"rhe Sunday School and the Efficient
Church of the Future" will be pre-
scnted on next Sunday afternoon at
4:3o o'clock, to which the public is
most cordially invited.
Mrs. Hampton Lackcy is at the
Tourney hospital for treatment.
Mrs. r. r. Owen went to Adams
Run Friday to spend the weekend
with Mr.. Owens who is numbering
there.
Miss Iva Geddings after teaching
in the Spencer, N. c., graded school
for the past session, has returned
home to spend the summer with her
parents, Mr.. and Mrs. r. S. Geddings.
Miss Emma Brown went to Column
bia, Monday to spend this week with
her brother, Mr.. Eugene Brown.
Mr.. Preston G. Bradham of Mul-
Inns, spent the weekend at the home
of Mr.. l.. Weinberg.
Mr.. and Mrs. Jesse R. Sprott and
baby May 10, are visiting relatives
at Walterboro. Mr.. Charlie Sprott
OF Manning is taking care of the bank
in his absence.
The Woman's Christian Temperance
Union will meet next Friday after
noon, 4:30 o'clock with Mrs. Henry
Harvin. This will be the regular
monthly meeting as wei las an obser-
vance of Miss Jennie Cassaday's birth
day, the founder of the Flower Mis-
sion. Any one in the community
having flowers they would donate for
this cause would be appreciated.
Mrs. A. S: Corbctt of the Methodist
Woman's Missionary Society has been
elected delegate to attend the an
nual meeting to be held in Manning,
June to 8.
The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-06-07
THE MANNING TIMES, Manning, S. G.
l Mess Sergeant.
7 Scrgeants of the line.
IL Corporals.

oCIBStiIVS VI tifC
IL Corporals.
2 Cooks.
Mechanics.
No man is to be enlisted unless he
is acceptable to the company COM
mander and non-commissioned officer
warrants in the foregoing grades arc
to be issued on his Recommendation
All ex-service men who are interest
ed are invited to attend meeting at
the Office Of DuRant & Ellerbe at
torneys Manning, at three o'clock
Saturday afternoon, June 10th. Capt.
M. E. Barker, G.. A. G. will be present
and explain details.
Now that the heavy burden of taxa
tion has caused Congress to reduce
the standing army of these United
States to such small figure, Nation
al safety demands that we have a
large competent force Of organized
reserves and it is further necessary
in order to make the word of these
United States good in the councils of
nations.
H. I. Ellerbc, Capt. Com'dg.
800th. G.. A. @. r.