davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1923-03-30
FRESH BUYING IS LACKING DURING TRADING OF DAY

NEW YORK, March 29.-Pre- -holi- day dullness characterized today's stock market, which displayed a re- actionary tone.
 Closing out of speculative commit ments combined with an apparent lack of fresh buying power at cur rent levels, caused prices to sag.
 Marking up of the call money rate to 6 per cent, after an opening rate of 5 F. also tended to restrain trad ing while the disappointment show ing of some of the latest February railroad traffic statements brought about some selling in that group.
 Revival of speculative interest in United States Steel common, which crossed 10S and then fell back to 107as, up 3s, was based on uncon- firmed rumors of the formation of a big financial pool in that issue. The other steels lost ground, Republic dropping below F; Bethelehem B below 66 and Gulf States Steel be- low 99.
 Heaviness also was noted among such recent speculative favorites as Pan American, off 34; American Woolen, off 1 as; American Can and Studebake CT. each off 1 Baldwin and Allied Chemical each off a4; Cuba Cane Sugar preferred. and Texas Company, each off F and American Locomotive, off B.
 Make Partial Activity.
 The Virginia Carolina Chemical is sues, weakness of which contributed materially to yesterdays late reac- stion, made partial recovery today, sthe common advancing 5s to 19ss sand the preferred ? points to 56s4 Buying was based on official declar- ing that while current earnings are disappointing the financial position Tof the company shows marked i'm provement over that of a year ago. @ Canadian Pacific, Texas and Pa Acific, Rock Island, Great Northern preferred, Union Pacific, Frisco com 1non, New Haven and the Katy weak spots of the railroad group, each showing a loss of a point or more.
 Little activity was reported in the time money market with call loans being made on a 5i2 per cent basis. Out of town banks continue as the principal takers of commercial paper, the ruling rate from prime names remaining at per cent.
 a The reaction ill German marks to below .0046 cents after apparently having remained begged" for sev- ~eral weeks around .004S cents was the feature of the foreign exchange market, trading in which was quiet. Demand sterling held steady Just above S4.6S and French francs were firm about 6.60 cents. Italian lire were strong, rising above 5.02 cents for net gain of nearly 10 points.
 a O O
 Financial.
 Days total sales 794.000 shares.
 Twenty Industrials averaged 102.77; net loss .6S.
 High 1923. 105.3s low 96.96.
 Twenty Railroads averaged S7.26, net loss CT. High 1923 gO63. low 4l52
The Birmingham age-herald., 1923-03-30
MONEY MARKET

NEW YORK, March 29.-Call money strong; high S. low 5la. ruling rate 6h closing bid 6, offered at 6A, last loan g. call loans against acceptances 5, time loans firm, mixed collateral 60-90 days 5h. 4-6 months 51s, prime commercial paper 5.
The Birmingham age-herald., 1923-03-30
Little Market Flashes

SALEM. Mass. March 29-The Namkeag Steam Cotton company today announced an advance in wages of approximately 12ia per cent, effective April 2, for the 2,0o0 operatives in its mills here and at Peabody.
The Birmingham age-herald., 1923-03-30

HENDERSON. N. C., March 2s.-Four cotton mills of the Henderson and the creases of 15 per cent effective April B. Two thousand employees will be affected.
The Birmingham age-herald., 1923-03-30
FOREIGN BONDS (Ou Curb Market)

Sales Gin S1000) High. Low. Close. 4s King Netherland 6s go 9s1a go
 115 Mexico Gov 6s -. 5s STA 57N , Ressjan Rep aerS s,ss s isss isis Iss iss I .l Swiss 51as ..1o2ts 1o2l4 1o2h 1o7 U $ Mexico As 4oh s97s 4o1a 60 Ital Gov ......... 431a 431a 43ia
The Birmingham age-herald., 1923-03-30

RICHMOND, Va. March 29.--Orders for 27 locomotives. to cost s2.s04,200. have been placed by the Chesapeake and Ohio railroad with the American Locomotive company and 25 more. will be ordered by the road soon. The engines will be built at the Richmond and Schenectady, N. r.. plants, company officials here said. Deliv- cry of 30 Mallet engines to the> Norfolk the local plant.
The Birmingham age-herald., 1923-03-30

NEW YORK, March 29.-Georgia will have good cotton crop this year. said Governor Hardwick. who visited the New York Cotton exchange today. He said, however that he did not believe the belt as whole would exceed last years total.
The Birmingham age-herald., 1923-03-30

NEW YORK, March 29.-The Radio Cor poration of America earned net profit of S2,974,579 in 1922 according to the annual report made public today. The funds were applied to the amortization of patents. federal income taxes and organ dividends for 1922 the directors reported 9s4 during the year, exceeding the cur rent liabilities by s5997,966. The equity In the assets of the corporation of the common stock of no par value was ap- proximately s2. 3s a share
The Birmingham age-herald., 1923-03-30
CLEARING REPORT
FOREIGN EXCHANGES

Clearings Thursday, s4,566,Oss 40; same day last year, s2.647,374 65.
The Birmingham age-herald., 1923-03-30
FOREIGN SILVER

NEW YORK, March 29.-Foreign bar silver. 6SNc. Mexican dollars. 63Ac.
The Birmingham age-herald., 1923-03-30
Financial.

Days total sales 794.000 shares. Twenty Industrials averaged 102.77; net loss .6S.
 High 1923. 1053s low 96.96.
 Twenty Railroads averaged SIPS, net loss CT. High 1923, 9O.63; low s453.
The Birmingham age-herald., 1923-03-30
CITIES SERVICE QUOTATIONS

Total sales of bonds today were $15. 009, 900. compared with $15.699, 900 previou da wand $1456S 900 a year ago.
The Birmingham age-herald., 1923-03-30

LONDON MONEY LONDON, March 29.-Bar silver. 32% q per ounce. Money, 2A per cent; discount rates short bills. 1 1516 per cent; three months bills, per cent.
New Britain herald., 1923-06-08

eppoFtunitY iR sisaagiRg business eaRr
disi0Rs, thereby eliminating reckless
bO0ms aRd preventing needless pantes
ID has been learned that b. increasing
the hank rate, during periods Of ever
expansion, a panic can be prevented,
Then hY lowering the rate during per-
iRds bf depression, prosperity can ne
brought hack, IL has heen learned
that he hank rate hears the same re-
laliOn 20 business that the governor
bears 20 an engine, Hence, the hanks
have been recently united in the Fed
eHal Reserve System which can con-
iFsl the discount rate with the sole OBJ
ieet Of eliminating reckless ha0ms
and preventing needless RaRies,
III however Yen VII talk with any
hank man, Thoroughly informed In
economics, he will tell gah that the
goal cannot be reached except with
the help Of the advertising man Of the
country and the transportation sysr
TENS, The three greatest factors af-
feeting business are money rates, ad-
vertislRg rates, ana transportation
rates, Given control Of these three
factors one can so a long way In
eliminating the hills and valleys OF
business. The Federal Reserve board
Is doing as we'll as II can with only
one OF these tools, hut az present II
is like a carpenter with only a ham.
mer. and without saw or ehisel'
The Interstate Commerce Commission
which controls the rates OF tFansner-
tatien, have the saw; but the adxer-
New Britain herald., 1923-06-08

loss 20 the nation as . whole, The
people Of a couniTY are best on when
they set the largest amount 81 goods
for the least amount Of labor, There
fore, We an should strive "a eliminate,
50 far as possible, unnecessary labor
and "a use our labor for the actual
production ami distribution Of goods,
Instead OF erecting competitive sign
boards. carpenters should be building
houses for working meni instead Of
using electric power for competitive
advertising, II should be used for
productive industrial purposes, In
stead Of wasting newspTint on COM
petitive advertising, the same space
should be used for constructive adj
yeFtising,
Every sensible man recognizes the
value OF constructive advertising
Statistics show clearly that most
goods can be sold more eheaply ana
effectively through advertising than
in any other form, Advertising, when
properly used. Is considerably cheap
er than selling through statesmen and
clerks, Not only Is the cost per sale
less but, when selling through the
newspapers or the mails the maker
knows just what he promises, The
firm, however. who depends upon a
crew OF statesmen does not always
know what the statesmen promise.
There are many other economic adj
yantages gained through the intelli-
gent use OF the constructive advertis-
ing,
FINALLY We shall have what ! like
10 call ultimate advertising. The
history OF the advertising agent will
be similar 10 the history OF the bank
CIR. Banking as you know started
with the pawn shop. The loaning OF
money In its early stages was looked
upon as n most illegitimate business
and carried on under cover by ques.
tionable people, Usury was not only
banned by the church, but by legisla.
ton. II was only comparatively a
few years ago, considering history as
a whole. when banking was recognized
as legitimate business.
During the past hundred years
banking has gone through various
stages. The first campaign was to
eliminate dishonest banking; the next
step was to eliminate competitive
banking: and the present generation
has been engaged in constructive
banking. The country is now learning
however. that the banker has great
New Britain herald., 1923-06-08

want to Fsdues the siss 81 eur papers
over 9 period 81 years, Rather ]
want 20 see them e0ntinae 20 Increase
IN slze, !, however 40 object 20 =
big paper one year and = small paper
the neEt year, Business conditions
will become steady ana gradually Ia
crease only when the amount ef adj
VeItising becomes steady and gFadur
ally increases Violent fluctuations IN
advertising are not merely the result
81, iinetuatioR In businessi but are
largely the cause,
New Britain herald., 1923-06-08
REDUCTION IN ADVERTISING MAKES
BUSINESS WORSE, BABS0N DECLARES
statistiean Believes Merchants Go to Extreme When
Trade Slump Breaks. 10 Their Own Disadvantage

touotsd Laeally 0nlg ~ The iierslal,
Atlantic city, June s.--RageF "
RahsaR, guest o. the Associated Al
veFfising Clubs ~ the World IN con-
vention addressed the main hady oi
the meeting on Wednesday and
Thursday Mr., Rahsen is much tnr
terested IN the latent power Of al
veFtising both in connection with the
distribution OF goods and as a factor
IN studying business conditions,
''When the Associated Advertising
Clubs OF the World was formed, there
was great need for systematic Wig.
ilanee and guidance" said Mr., Rah-
son, 1.-THE condition Of the aiveFtis-
Ing world was far below average
business In usefulness and morality,
Advertising was largely eanared 20
patent medicine manufacturers, the.
alrieal troops and bogus stock pro-
meters Advertising was considered
gamblers game, The old saying
Everything Is fair in war and love"
was extended 20 read Everything Is
fair IN war. love and ADVERTISING
"The first task Of the new organi-
Tation was 10 form vigilance COM
mittees and bring about honest adj
vertising. II deserves the greatest
credit for the work II has done and
Is doing along this line,
''There are. however. other things
which are equally important, and
perhaps more important when all
possibilities are considered, II one
looks ahead 10 the future OF adver-
Using he sees three additional fields
OF development
THE leading advertisers are each
year giving more thought 20 the ques-
ton OF competitive Advertising BY
competitive advertising ] mean adver-
Using which does not benefit the
country as n whole. There is MOTH
ing dishonest in both the Standard
OIL company and the Texas company
erecting large sign boards at the same
point on country road. Moreover.
am, not criticising either company
for doing this. II one company does
IL It is perhaps necessary for the
other company to do 1t. I, however,
am sure that these signs do not in
crease the sale or use OF gasoline and
In no way benefit the country as a
whole.
'The cost of such competitive ad-
vertising Is ultimately borne by the
consumers. From an economic point
OF view such advertising is direct
New Britain herald., 1923-06-08

"a eoResFR stops advertising BE-
cause is business has fallen on, bat
the fact o. its st0pPlng advertising
makes bushes stlll worse than Y eth
eFAslss weuld be ia speak statis-
tleallY, advertising hegins 10 fan en-
because business heglRs "a aeeliae,
bat business declines 10 the depth
much worse than Il otherwise would
heoauss advertising l. aeeTeasea, The
changing Of advertising rates aAa
railroad rates IN accordance with the
BabsoRehaRt would not emily greatly
New Britain herald., 1923-06-08

tisiRs msn have the shissl, Some
day your Associated Advertising
Clubs 0f the WoFld' will take nP the
question Of using advertising rates ss
a tool In connection with the steady
ing of business conditions,
'When business Is Teeklessis eKa
Panding, advertising rates should be
materially ineTeaseil so that when
business is depressed advertising rates
maF be eaTTespoRdingly reduced One
OF the best haTomsteEs Of business i
the size Of our daily papers, 40 net
New Britain herald., 1923-06-08

hsReft bnsiness a. . Rhsls, bal sosla
bsReat Those vac have sagsrsisiRs
space 90 sell ana those Nhe have
traRsH 0FtRti0n 10 sell, BUSINESS N
svsFY NaY viii be helped b. What !
can this ultimate aaysFtislng May
We haslsn the asF Eaen q elll be
used
General business as Tsheeea IN the
Bsbs0nehRFt continues IN Satisfactory
volume, running this week AZ 2 pes
cent shove normal,
The Lamar register., 1923-05-02
DISTRICT COURT
Bristol School Truck Case Attracts
Most Attention and Results in
Verdict of Not Guilty.

The district court is entering on its
third week now with plenty of work
still ahead unless it is continued to an
other session. The case attracting the
most attention this week was the one
from Bristol in which Mel Murphy,
driver of the school truck, was charg-
ed with killing a little girl The case
attracted large number of Bristol
people and the court house square was
lined with autos on both sides during
the sessions of the court on Monday.
The jury after hearing all the evidence
decided that Murphy was not to blame
for the accident and acquitted him af-
ter being out just ten minutes.
The several condemnation suits of
the Vista del Rio Drainage District
against various parties through whose
land they went to excavate the ditch
are occupying the attention of the
court, and matters have been expedit-
ed by having them combined. Gordon
and Gordon represent the district and
Hillyer and Kinkaid the defendants.
The jury brought in a verdict for
the three cases totaling 1851.
Judge Hollenbeck is still presiding
on the bench, and District Attorney
Hawley returned the first of the week
to take part in the Murphy case.
The Lamar register., 1923-05-02
AGAIN THE LEADERS
Prowers County Dairymen Still Carry
ing OF the Highest Honors.

The March report of the state dairy
commissioners office again shows
most of the honors belonging to the
Arkansas Valley Cow Testing Associa-
ton, the highest average milk pro-
duction, the highest COW, the highest
herd over fifteen cows and lowest feed
cost per hundred pounds of milk and
per hundred pounds of butterfat are
a few of the places where our dairy
men are leading. Also the price per
hundred pounds of milk was the high
est here Of any association in the state,
Johnstown, the second highest, paying
the same price for per cent milk
that the Lamar farmers received for
3.5 per cent. The Model Dairy at Hol-
ly had the high COW, Pioneer Oaks,
with 3544 pounds Of milk and 1884
pounds Of butterfat. This dairy also
was high one Of the class of over fif-
teen cows for the state and stood fifth
in the whole western division for this
class. Their herd Of twenty cows av-
eraged 48.S pounds of butterfat The
local association had SO cows testing
over 40 pounds of butterfat. This was
not only the largest number of any
association in the state, but the high
est percentage Of the total number of
cows.
The Lamar register., 1923-05-02
PARKED HIS CAR
Bristol Car Parks in the Plate Glass
Front of the Lamar Building &
Loan Associations Office.

Even such sound institution as the
Lamar Building & Loan Association
can be jolted to its very foundation
and that is what happened Saturday
evening. An Overland auto from Bris-
tol was trying to park in front of the
building when the driver lost control
and the car just kept going until it
crossed the sidewalk and parked itself
right into the two big front plate
glass windows of the building. Both
windows were completely demolished,
and the damage is estimated to be
about $500. The office is now boarded
up awaiting the shipment of plate
glass to replace the damage.
The Lamar register., 1923-05-02
Death of John A. Rourke.

II was a great shock to the citizens
of Lamar on Tuesday morning to learn
of the death during the night of Mr..
John A. Rourke. He had been on the
streets Monday afternoon and talked
to many Of his friends, and few knew
there was anything at all the matter
with him. He complained that he did
not feel well in the evening and went
to bed early. He suffered an attack
of heart trouble later in the night and
died before medical aid could reach
him. Mr.. Rourke was sixty-three
years of age and came to Lamar from
Missouri in the early days of the coun-
ty's history and has lived in this vi
cinity ever since. He was a man of
high character and kindly disposition,
charitable and public spirited, one who
was not only respected but loved by
all who knew him. He was a past
Exalted Ruler of Lamar Lodge No.
1919, B. P. o. Elks, and one of the
church board of st. Francis de Sales
Catholic Church. He has taken a
prominent part in all the work of
both organizations and will be great
ly missed not only by them but the
community in general. He leaves a
widow, three daughters, and one son
to mourn his loss. The funeral serv-
ices will be held at the Catholic church
at $50 on Thursday morning and be
in charge of Rev. Boyle. From the
church the funeral will be in charge
of Lamar Lodge Of the EIks.
The Lamar register., 1923-05-02
HEADQUARTERS COMPANY
Makes Good Showing at Federal
Inspection.

Headquarters Co. of the 2nd Batal-
lion 157th Infantry with Lieut.. C. p
Childress in command made "a fine
showing at the recent federal inspec-
tion. The company is one of three
similar organizations in the state The
list Bat. Headquarters Co. has just
been organized at Montrose, and the
Bird Bat. Co. has been in existence at
Canon City for several years. Under
the new tables of organization issued
by the War Department these compan-
les have u recognition and mainten-
ance strength of II with maximum
peace strength of 25. 1t is a specialize
ed organization offering the regular
military training and in addition in
structions in the various methods of
military communications, both visual
signaling by means of semaphore and
wigwag flags and night lamps and by
telephone equipment and radio. The
company drills on every Friday night
and the men receive the same pay for
an hour and half drill as they would
receive for one day in the regular
army.
The annual summer encampment
will be held at the State Rifle Range
ten miles west of Denver from June
10 to "a. There will be recreational
features, athletics and special atten-
tion given to rifle practice. There
will be a number of Lamar Headquar-
ters Co. men take advantage of this
opportunity and any desired informa-
tion about the encampment or enlist
ment can be obtained from Lieut..
Childress at the Lamar postoffice.
The rating of the various military
organizations of the state are based
on the annual federal inspection and
the ratings determined by the military
bureau of the War Department. There
are eighteen military organizations in
the state and Lamar Headquarters
Company was ranked eighth.
The Lamar register., 1923-05-02
PRoWERS COUNTY SCHOOLS
County High School Meet Held at La
mar Last Saturday.

The annual meet of the Prowers
county high schools was held in La
mar last Saturday afternoon and even
ing. The schools of Holly, Granada,
Wiley and Lamar were represented at
the meet, and first honors went to
Granada. Their entries took first
place in oration and defamation, and
their track team took second place.
The Lamar team took first place in
the track meet, by a comfortable mar
gin, and Granada was a good second.
The Lamar team consisted of the fol-
lowing: Rhodenbaugh, Hilton, Ward,
Wright, Roscoe, Driskill, Sprout, Cob
lie, Richards, Davis, Bolles. Lawrence
and Hamilton.
The Lamar register., 1923-05-02
SCHOOL ELECTION
Indications Point at This Time to a
Quiet and Peaceable Election.

Lamar seems to have had its fill of
election excitement for the time being.
The big scraps hast fall and again last
month seem to have had a soothing
effect on the pugnacious feelings of
our citizens and they are willing to
let the troubled waters quiet down and
pass over the next eighteen months
without any further disturbance. At
least with two school directors to be
elected-one for six year term and
one for two years-only one nominal
ing petition was filed for each place
and the ballot will only have the two
names on it. Attorney Alfred Todd
has been nominated to succeed him
self as director for the full term of
six years, and for the vacancy caused
by the resignation of Postmaster l..
NJ. Markham the petitioners have nam
ed c. A. Coker, the well known real
estate dealer. 1t looks at present as
if there would be no contest and the
election would go by default, but the
experience of the past has taught that
you never can tell what will happen.
The Lamar register., 1923-05-02

stand pat on three directors-they
seemed to think there was luck in odd
numbers. This was unanimously re-
jected and the meeting then proceed
ed to elect the remaining directors,
naming F. NJ. Wilson and C. Ray
Strain for the places.
1t was the unanimous sentiment of
the meeting that the Lamar Hospital
should remain open and under public
volunteer management. Its equip
ment donated by the public will con-
tinue to be at the public's service. It
will remain at the present location un-
less the lease on the new hospital is
turned over, without any strings at
tached, to the regular board of direc-
tors elected last Friday. All citizens
or organizations desiring to make do
nations or furnish rooms should see
the new president of the board, DR..
.. V. Sayler.
1t was decided that the staff of the
hospital should include all regular
physicians in Baca, Prowers and Kiowa
counties.
The new board organized by elect
ing DR.. j. V. Sayler, president; C. S.
Sanders, vice president; o. E. Nelson,
secretary treasurer; and Messrs. Will
son, Strain and Sunday as finance
committee. They will hold regular
meetings on the 9TH of each month to
transact the business of the hospital
association.
The Lamar register., 1923-05-02
THE TIME OF HIS LIFE"
You Will Have Yours at the Senior
Class Play on Friday Evening.

The annual class play of the senior
class of the Lamar high school will be
given on Friday night, May 4th, and
1t promises to be one of the best school
entertainments ever given in our city.
The class and the instructors have
worked faithfully to make this play
big success and the enthusiasm be-
hind it makes that result certain. The
proceeds will go towards paying for
the memorial which this class will
leave for the school as each of the
classes have done before. They voted
to make their memorial a fine radio
set, and in patronizing this entertain
ment the public will not only be high
ly entertained but will help in secur-
ing high class equipment for the
school.
The Lamar register., 1923-05-02
BASEBALL TEAM READY
Lamar Team Ready for League Season
But One Team Still Needed.

The Lamar baseball team is already
for the opening game of the league
season to be played here Sunday with
La Junta. The new suits have arriv-
ed and the team is well organized The
league, however, is not so well organ
lied. La Junta, Fort Lyon and Lamar
all have good teams and are financial
ly in shape to see the season through
but there does not seem to be fourth
town able to finance its way through
the season. Several towns have tried
in turn but each has had to abandon
the proposition. The three teams have
strong organizations back of them and
are ready to go.