davidaulloa/AmericanStories huggingface dataset:
The Washington herald., 1922-12-27
Cotton Makes New Level
In Good Buying Market

NEW YORK, Dec. 2s.-Publica-
ton of statistics reiterating the ser.
iousness of the supply situation and
further favorable reports from dry
goods and mill centers promoted gen
eral buying Of cotton today and the
market was strong, reaching new
high ground for the season. May
got within points of the z7-cent
level. No fresh export business was
announced. The quantity on ship
board awaiting clearance Is 16o,7ss
bales, against 5s,S42 bales last year.
This years total includes 10000 bales
for Great Britain, $1,000 bales for
Germany and 81 900 bales for other
continental parts> Exports for the
season to date aggregate 2,705.109
bales against 2,S61 ,020 bales in the
previous season.
Throughout the afternoon the list
exhibited strength, but was not ac-
tive.
Demand was offset by realizing
and the list lost some Of Its gain.
Final quotations showed net ad-
vances Of 35 to 50 points.
The Washington herald., 1922-12-27
BulIish Factors Aid
Advancing Wheat Market

CHICAGO, Dec. 26.-Stimulated by
q bullish statement credited to Sec
retary of Commerce Hoover, and
disappointing increase in the United
States visible supply, wheat prices
swung from a slow and lower trend
to an active and higher close.
Good support was rendered on the
dips throughout, and prices re-
sponded readily at the last when
shorts scurried to cover. Locals
had been generally bearish because
of the accumulated receipts of grain
ut terminal markets over the holi-
DAYS and were further inspired
toward the selling side because Of
light outside trade. Buying toward
the close forced early sellers to
cover. Corn showed marked
strength at the close.
Closing prices for wheat were
unchanged TO is higher, corn
steady to y higher and oats 4
lower, while rye was one cent
higher and barley unchanged
The Washington herald., 1922-12-27
FOREIGN EXCHANGE.

NEW YORK. Dec. 26.-Opening
foreign exchange: Sterling. demand,
4.84%; cables. 4.S5. French francs,
demand. .073S1; cables, .0739. Lire,
demand. .O512: cables. .051212. Bel
gian francs. demand. 067S1z; cables,
.e679 Marks. .0OO15O. Drachmas, de-
n,and, OILS: cables. .0120. Swiss
francs, demand, 1885; cables, 1898.
Guilders, demand, 1882; cables. 1885
Pesetas. demand. .1575; cables, 1871
swedish kronen, demand, .269l
cables, 1856. Norway. demand, 1905
cables. 1910. Denmark, demand
.2O74; cables, 20.7S.
The Washington herald., 1922-12-27
PECULATIvE ISSUES
MAKE new HIGHS IN
/ RISING STOCK MART
Baldwin and Studebaker Are
conspicuous-Late Profit
Taking Lowers Level.
BY BROADAN WALL

NEW YORK. Dec. 26.-Most i'm
pcrtant Of the developments in
teday's markets were new high
prices for this season in cotton. bet
ter quotations for stocks and i'm
provement In various fundamental
Industries. Improvement in the Sc
curities market occurred in the face
of-a rise In call money to 5h per
cent in anticipation Of Withdrawals
Of $50 200. 900 from banks in this
district by the Government to-
morrow.
Recent speculative leaders con-
tinue to lead. but q general broad
ening tendency was noted. Such
fayorites as Baldwin and Studebaker
continued upward. touching new
hieh prices. The latter sold as
high as 140T, at which level it
showed a gain of 3x points. Ex-
pectation that the car building and
locomotive companies will do a
good business this year Is responsi-
ble for the favor with which they
are now being regarded. Betterment
i'm quotations continued well into
the afternoon, when profit-taking
developed, causing a general slump
Of prices from the best
A demand was reported for pro-
visions, lard touching a new high
market. Wheat. after an early
heaviness. improved.
EXCHANGE.
Talk Of gold exports was again
heard, bat the foreign exchange
market was quiet because Of the
observation of Boxing. a day in
London. Local bankers declare
that the United States could very
easily afford to lose a ssubstantial
amount Of the previous prices OF
metal without weakening our bank
ing position
An advance in the price OF wy
ounine and Montana light crude OIL
furnished a stimulant to the OIL
rroup where Producers and Re-
timers attracted attention. at one
time showing a gain OF 31z polnts
on a very unusual heavy turnover.
Thi, company is expected to FUR
nish the nucleus for a large oil con-
,olidation, embracing about five
comnanies. Some Of the biggest
banking interests are back or IT.
RISE IN COTTON.
The rise in cotton from $3.50 a
hale to So a bale attracted atten-
tiou, but did not cause any undue
surprise in view of the general be-
lief that there will be a shortage
of the staple. Mills takings are
showing a heavy increase over this
time last year. and mills are being
run at capacity. A good demand
prevails for cotton goods and man.
utacturers are refusing to take or
ders for extended deliveries. Higher
prices for cotton are predicted. Ex-
perience has shown that when cot
ton prices reach abnormally high
levels an increased inquiry develops
for silk.
,Rumors current today said that
tf1e Federal Trade Commission had
sanctioned merger of the Anaconda
Copper and the Chile Copper.
Good buying in the motors has
grown out OF the belief that those
companies will do a good business
the first half of next year. Busi-
ness now being done is much in
excess of expectations.
With the exception of Libertys.
which were strong. the bond mar
ket was quiet. Foreign government
issues did little
The Washington herald., 1922-12-27
YESTERDAYS TRANSACTIONS [E1Nl
FINANCE
|RUSINESS
~ u O. roRnEA

tconfinued from Pase Nlne)
poration h referred 70 - ths
Largest industrial orEanizstion
In the world
But there are several claim
ants of the second place
General Motors, American
Telegraph and Telephone,
Swift and Company, to name q
few.
Which is the greatest bank
ing house in Amerieaf
Anybody and everybody
would, without hesitation, re-
ply, 81. p. Morgan and Com
pany." Not many would ven
ture 10 offer . name for Sec
ond place
The Nstional City Bank and
the Guaranty Trust Company
Of New York are well known
as the largest bank and trust
company in the country. But
few could name the next Larry
est.
When we think Of cash
registers we think only of the
National Cash Register Com
pany. When we think of cam
eras and films we immedistely
think of the Eastman Kodak
Company. When we think of
exquisite jewelry Tiffany is the
name that springs into mind.
Powder and the name of Du
Pont are almost synonymous.
When we think of mail order
houses Sears, Roebuck and
Company comes into our MINI
in a flash.
The international Harvester
Company is about the only one
most of US know anything of in
that particular line. Baldwin
is the name that comes to mind
when we think of locomotives.
Sugar and the American Sugar
Refining Company always 60
together. Cigar stores and the
United Cigar Stores are rarely
separate in our minds. The
only enormous fruit company
most of us think of is the
United Fruit Company.
The moral of it all?
Become the undisputed lead
er in your line, of course.
Copyright. Iss,. by B. c. Forbss)
The Washington herald., 1922-12-27
Armour & Co. of Del.
Seeks Dover Charter

DOVER Del. Dec. 36-Applioa-
ton win b made here for the
issuance of q charter to Armour
d Co, Of Delaware. It was an
nounced today in connection with
the steps being taken to finance the
purchase of the Morris and Com
pany. packers. by J. Ogden Armour.
The new concern, 1t was stated,
would have the authority to issue
$l60,000.000 worth Of stock.
The new company will be the
largest subsidiary of Armour 4 Co.,
and VIII handle most Of the Morris
property. It will not do business
principally In the East, although
nominal headquarters will be in
this city.
The Washington herald., 1922-12-27
Tobacco Manufacturers
Experience Good Year

NEW YORK, Dec. as.-Tobacco
manufacturers have had one OF the
best years in their history. Net
Of the leading companies-R ].
Reynolds, Lggett q Myers. p. Lor-
ularo and American Tobacco-vin
approximate last years high record.
Had IL not been for recent price
cuts in cigarettes. profits would
undoubtedly have made a new hieh.
Even so. some companies may show
record net
Outstanding feature Of the an
nual reports, IL was said today.
will be the balance sheets, which
are expected to show the companies
In excellent financial position.
The past year has been one of
continued readJustment. bringing
the industry back TO normal.
The Washington herald., 1922-12-27
Liberty Bonds Higher;
Foreign Issues Gain

NEW YORK, Dec. 26.-The listed
bond market was strong and active
today, rejecting to some extent the
firmness in the other departments
Of financial activity. Liberty bonds
were generally higher and foreign
bonds also made a good record Of
gains in selling prices. The first
Liberty 3h's sold at 1oo.66, the
first 4h's at ss.0s, the second 4k's
at ss.4s, and the new Treasury
4k's at 100, for the first time since
October II.
In the foreign bond list, United
Kingdom 5h's Of 1929 were steady
around 113h. Belgian SIS at 1oo%.
French republic SIS at ss%. Mex
lean IS at 52h and Netherlands
SIS at 9S%.
There were irregular movements
in some of the domestic railroad
bonds with losses Of about a point
or more In this section. The New
Haven As Of 1856 lost q point at
40. the st. Paul As Of 1925 were
fractionally higher at IS, Seaboard
Air Line Consolidated SIS sold at
5sh, Great Northern 5h's at 102H,
New York Central 3h's at 73S,
Baltimore and Ohio convertible
4h's at S0k.
General Electric 3hs. on a small
volume, lost nearly points at
76h, Cerro de Pasco convertible
SIS were down about 1 point at
18l, and Brooklyn Edison rs 1
point lower at lot. Some Of the
active industrial bonds were United
States Rubber SIS at Ssh, Chile
Copper SIS at ssh. Goodrich 6h's
- I'M Il
The Washington herald., 1922-12-27
Ford Permits His Option
On Coal Field to Expire

DETROIT. Dec. 26.-Henry Ford's
thirty-day option on the Elkhorn
Coal Company's 100000 acres OF
coal lands and mining properties in
today At the company's offices. =
No word has been received from
Ford or his engineers who went
over the property and on December
16 reported that the coal was OF
desirable composition, easily mined
and that the properties were suit.
able foe extension of tha d 7. and L
and I
The Washington herald., 1922-12-27
Railway Body to Study
Farmers Shipping Needs
BY Universal Service.

\ Elmer Knutson. Of St Cloud,
Mimi, has been appointed agricul-
tural representative Of the Ameri-
can Railway Association. II was an.
nounced yesterday. Creation of the
office is in line with the associs-
tion's plan to keep more intimately
advised regarding the transporta-
ton needs Of the farming communi-
ties.
II was explained that Mr.. Knut-
son will analyze the movement of
agricultural products and viii CO.
operate with farm organizations
throughout the country in antici-
pating car requirements In the diff
ferent producing territories
The Washington herald., 1922-12-27
Seek to End Rate War
Among Coast Vessels

In an effort to end a rate war
among coastwise vessels the Ship
ping Board yesterday called q con-
ference of all operators In Atlantic
City on January 15.
Owners of different lines have
protested to the Shipping Board
that competitors frequently reduce
the rate so low that 1t 10 difficult
for them to do business. An effort
will be made to have all operators
agree to permit the Shipping Board
to fix the rates.
The Washington herald., 1922-12-27
CHICAGO GRAIN,

CHICAGO, Dec. 26.-Grain futures
opened a shade stronger today, ex.
cept December corn. The LIVERPOOL
markets were closed. Initial prices
here were: Wheat, December,
$1:26h On; May, $1.24k@%; July,
$1.13x ON. Corn, December, 70
cents; May. 70 cents; July. 71x@x
cents. Oats, December, a cents;
May. 45k OK cents: July, AN cents.
The Washington herald., 1922-12-27
New England Travellers
Feel Effect of Shop Strike

BOSTON. Dec. 26.-The public
has only recently begun to feel thu
effects of the shop strike. In New
England travellers are voicing loud
protest against the New Haven.
About 90 per cent of the train
delays and troubles in service are
due 70 engine failures. 1t is said.
The New Haven is having locomo-
tives repaired in twelve outside
shops besides its own.
The Washington herald., 1922-12-27
Advances of
Bank of France
Is Ordered Cut

PARIS, Dec. Is.
ERENCH governments need
l. for funds has compelled
1t to modify agreement with
the Bank Of France, whereby
1t was to reduce the latteTs
advances, 1000. .ooo, 900 francs
annually, 1t was announced
today. By the end Of the year
the limit was to have been
brought from $4,000. 900. 900 to
23, ,O00, 900, 900, but under the
new arrangement the maxi
mum for the coming year will
be $4,000, 900, 900.
This means the payment Of
1,000, ,000, 900 francs annually.
The Washington herald., 1922-12-27
American Telephone & Telegraph Co
1S8rd Dividend

The regular quarterly dividend OF toe
dollars and twenty-five cents per sh,r,
viii be paid on Monday. January IL
is.s. to stoekholders OF record at IN.
close OF business on Wednesday. Decen.
Der 20. 1922.
H. BLAIR-sMrTH. Treasurer.
The Washington herald., 1922-12-27
PACKER OFFICE LOOTED.

CHICAGO. Dec. 26. Yeggmen
early today blew the door from the
safe in a branch office Of Morris &
Company, packers, and obtained
about $4,000 of last Saturdays re-
cpiUts
The Washington herald., 1922-12-27
COFFEE MARKET.

NEW YORK. Dec. 2s.-The coffee
market opened unchanged to 1 point
higher today. March, 9.75Q9.7s; May,
s.4669.4S; July, 9.05 bid; September,
S.G0gS,63; December. S.23QS.28.
The Washington herald., 1922-12-27
N. Y. COTTON EXCHANGE.
Furnished BY W. b Hibbs 4 Co.

WE BUY. SELL AND QUOTE
Unlisted Stocks. Bonds, and Securities
Of Every Description
CALL. WRITE Or PHONE MAIN sss
Riemer 4 Co. w.;.',:::!s W. 9; = y y ..
The Washington herald., 1922-12-27
FOREIGN BONDS.

Furnished By W. .. Hibos q q
5eran Fs:...-..:.-s.~~--s--
The Washington herald., 1922-12-27

The moral of it all?
Become the undisputed lead
er in your line, Of course.
Copyright. Is7.. by B. C Forbss)
The Seward gateway., 1922-08-01
DEPUTY MARSHAL TAYLOR
 MAKES BIG HAUL AT CORDOVA

Deputy Marshal Warren Taylor is a busy man these days, says the Cor dova Times. Recently while at the city dock he stumbled on to dory containing five kegs of so-called white mule. As no one was around to claim the property it was dumped and the dory confscated and sold.
 Acting on information received later accompanied by Deputy Ferrel and Guard Van Houton, Taylor left for Clear Water Bay in Eyak Lake and there found cabin in which were 70 gallons of whiskey, 10 barrels of mash, 1 25-gallon still, 20 gallon still, 1 IS gallon still, hydrometer for testing. 2 sacks of sugar, sacks of barley and an unlimited number of empty bottles besides other equipment used for the of high grade spirits.
The Seward gateway., 1922-08-01
DEBs IS lNcURABLE

EUGENE DEBS may be accepted as incurable. His sentence for obstruct- ing the selective service act during the war and his subsequent pardon seem to have intensified rather than mel lowed his views. Now he calls up the frank and file" to work together strike together and fight together our system of government. He was pardoned without reservation, but one would thing that he would voluntarily read into the pardon an implied reser- yation not to meddle with government tai affairs. Yet he is the same Debs- dangerous, visionary, hopelessly fool ish and incurable.
The Seward gateway., 1922-08-01

dunn shall be submitted ru women vo- ters alone, and in case tie res it of the vote on such proposition shows a majority of the female voters de- claring in favor of the law, the next Legislature after sucn election shall pass an Act appropriately expressing the wish of said electors.
 That this is a step forward is shown by results in those states where wom- en are today serving as jurors.
 We believe the women of Alaska should be allowed to serve on juries if they so desire. They are allowed to vote, to serve as officials, and no cogent reason can be given for their being absolved from jury duty, unless they so desire.
 An affirmative vote on this act does not mean that women will be con- pelled to serve on juries, as any juror, male or female, can be excused if sufficient excuse is given.
 It is to be hoped the law will carry, as the influence of women in our courts is badly needed at the present time.
The Seward gateway., 1922-08-01

THAT Chairman Alfred Lasker's al legations that liquor will be sold on shipping board vessels, is bearing fruit is shown by Secretary Hughes deter imitation to use one of these vessels on his trip to South America, instead of requiring a naval vessel to convey him to his destination As an eco- nomical measure Laskers decision promises to revolutionize travel.
The Seward gateway., 1922-08-01
AMERICAN FISH BOATS WILL
 SELL FISH TO CANADA

SEATTLE, Aug. 1.-The Seattle Times says today that six Seattle hal ibut schooners yesterday entered into an agreement with the Canadian cus- toms authorities to deliver catches hereafter to British Columbia ports in exchange for the privilege of being al- lowed to purchase bait in Canadian waters. e
 The Times says the owners of the vessels explained they were forced to take the step as the result of the re- cent Canadian order in council.
 The halibut schooners entering into the agreement are the Mermaid, No mad, Mary, Cchancellor, Superior and Beaver.
The Seward gateway., 1922-08-01

WITH 250 quarts of liquor under their belts the Western Confectioners Association excursionists must have a distorted view of Alaska.
The Seward gateway., 1922-08-01
A GOOD MOVE
(Nenana NeWS)

(Nenana NeWSJ
 The suggestion of Marshal Stevens that committees be named by the vari- ous towns along the Alaska railroad to extend the hand of welcome to vls1- tors is a splendid one, and The News hopes that Nenana will be one Of the first towns to adopt the plan. There was a time when the local Commercial Club maintained such committee, but the club is not tunctlonng at present and the committee has moved away.
 So it will be up to some other or ganization. the City Council, peThapS' to revive the welcoming plan by the annointment of new committee. It does not require much effort or tune to make visitor feel at home in a town and it will be effort and time well expended if the majority of the visitors coming this way are made to feel that they are welcome. They Will remember any attention that is gwen them and their words of praise, alter they have left Alaska, will have the effect of sending others to the Terri tory. The plan is worth a good trial at least
The Seward gateway., 1922-08-01

H. o. Roberts and family returned on the Starr from Uganik, where he has been in connection with his can- nery interests.
The Seward gateway., 1922-08-01
MAIL. VOTES TO
 OFFICIALS STATE PRIMARIES

WASHINGTON, Aug. 1.-President and Mrs. Harding today mailed their votes to Marion, Ind, for the prima ries of August 8th.
The Seward gateway., 1922-08-01

George w Mock arrived on the S. S. Starr from Kodiak and westward points where he has been acting as special tax collector.
The Seward gateway., 1922-08-01
PREVENTING POLITICAL PIRACY

ONE of the referendum measures passed by the legislature at it's latest session-that will go before the voters of the state of Washington next Nov ember, provides that political partles shall file their platforms with the sec retary of state and that candidates for office shall be required not only to declare that they have affiliated with the party on whose ticket they desire to run for two years previously and that they will support the platform Of the party if elected.
 The wisdom of this provision when has been opposed by minority fac- tion into the state that would ride into power through piracy of an opponent 5 primary is emphasized as one observes opportunist candidates filing for office on the republican ticket not only in the State of Washington, but in Alas ka as well.
 This is the same old situation in a new dress-precisely the situation the Territorial legislature had i'll mlnd when it passed the bill designed to make the Territorial primary real party caucus, and not political Joke by requiring voters to register thelT political faith by calling for the ballot of their party.
 The republican party of 1922 ap- hears to have had a great attraction for renegade democrats, who voted for republicans, leaving party ballots unmarked, because of lack of oppos1- tion in the ranks. Also many persons in the party whose emblem IS the iackass and crown of thorns, changed politics for the purpose of riding into office.
 While there is a strong movement everywhere to break down party lines it appears to be fostered by persons with axes to grind and who do not care what party turns the stone. ms is illustrated by the farm bloc ana other blocs in the senate. These per sons forming these blocs concede no party responsibility, though beholden to the party that elected them. such a condition leads to poiitica1 cnaos and in the end would ser up govern ment of a score of factions perhaps, each selfshly working for it's own ln- terests and all disregarding the larger interests of the people. This may De the kind of government the people want, but if that is true it means they are ready to break away from the safe anchorage which has protected our republic for more than century.
 We believe that the public interests can best be safeguaTded by strict party lines, designed to hold account able those in office. In no other way can a government or state be success fully managed.
The Seward gateway., 1922-08-01
NEW PREMIER OF POLAND

WARSAW, Aug. 1.-Dr. Julian No walk, rector of the university of Cra- con, was confirmed as premier of Po- land today.
The Seward gateway., 1922-08-01

And Seward, Gateway to the ln'e- rior, should be the first to eXtehu the hand of welcome to the visitor.
The Seward gateway., 1922-08-01

A. H. McNeer returned on the steam ship Starr from Uganik, where he has been in the employ of the Kodi Fisheries and Packing Co.
The Seward gateway., 1922-08-01
REFERENDUM AT NOVEMBER
 ELECTION

At the November election the fol- lowing referendum will be taken by the women voters of the Territory:
 For Law Requiring Women to Serve as Jurors.
 Against Law Requiring Women to Serve as Jurors.
 The law provides that the referen-