davidaulloa/AmericanStories huggingface dataset:
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05
SOVEREIGNTY IN CHICAGO

If country with republican form
of government had only one statute,
and if that statute should be manifestly
contrary to the general will of the peo-
pie, what would constitute "the law"
of that land?
This question is suggested by develop
ments in the fight situation at Chi
cago. Readers who are particularly in
terested in sports will not have to be
reminded OF the manner in which that
situation came about. For those who
are not, it may be necessary to explain
that some "reformers' usual types,
long-haired sssies and short-hared sis
ters-set out to make the officers of the
law enforce statute forbidding boxing
contests. The immediate effect of their
efforts, despite the activities of officers,
was vastly greater popular interest in
boxing.
Thousands of people, many of whom,
no doubt, had formerly taken no effec-
tive interest in this sport, began to fire.
quent the places where bouts were held.
And the number of bouts increased as
if by magic. The events were held more
frequently, as we'll as being spread out
over a greater area of Chicago.
Perhaps the most remarkable feature
of the situation, as THE LIGHT observed
when the first developments were re-
ported, appeared in the fact that news
of the contests was disseminated via
the underground route" Although the
places at which the bouts were to be
held were not published, every fight
ian" knew in advance exactly where to
go at given time-and apparently
every fight FAM in Chicago, and many
other people to whom that designation
could not be applied, did go.
SO much for the first round between
the public will and the "reformcrs."
Since then several additional rounds
have been fought, with the result that
the "reformers" seem to be about ready
to take the count. Whether they will
succumb to Knockout blow, or will
just fall through the ropes and sink
away, one can hardly wait to see.
The latest developments, and one of
the most significant thus far, is the
publication of all the information that
the fight fans want No longer does
the news have to travel by the under
ground route" Places at which boxing
contests are to be held are being pub
lished broadcast-and nobody is going
to jail for it, either.
Whether "the law technically, is
being violated is a question which only
the courts would be competent to an
swer. But is there any doubt that the
anti-boxing law is absurd, and that the
law" for all practical purposes, is ex-
pressed by the actions of the public
rather than by that statute? Even. if
the people of Chicago arc violating a
bona fide law, the fact would show that
there is limit beyond which "the law
cannot go without losing its identity.
When statutes are made to defeat
the popular will, rather than to express
and fulfill it, then something more pow
erful than written mandates steps in
to perform the functions Tor which laws.
under the republican form of govern.
ment, are created.
L
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05
The Poets Corner

And went clear up to his head.
That he'd play the -xt half was re-
ceived with a laugh
And they cheered till his face had
turned red;
When the play had returned each
spirit still burned
With the thought that it's team
would win.
At the end of the game score
reckoning came,
The score taken down With a pen,
Fourteen does it seem for the Har-
landale team
And twenty for Edgewood were they.
Then here's the excuse for Harlan
dale's use
Our best player was sick" they
say.
=. A. TAPS,
San Jose, Tex.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

Il see you are engaged to a nan
named Gibson"
Its perfectly amazing!" gaspcd
the girl. Surely the lines on NV
hsnd cannot tell you the name--"
who said anything about lines|
interrupted the palmist scornfully.
You are wearing the engagement ring
which l returned to Mr.. Gibson three
weeks ago."
The fair young thing tripped into
the public library and sud she would,
ike to get a certain book but couldn't
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05
CAPITOL
,J0HS
BY JOSEPH w. FORDNEY
S. Representative From Michigan,
Eighth District,

II was a summer
Sunday e We n j n z
and the man and
his wife were at
tending church
Outsid lie { il c
church window, the
crickets were max =
ing con siderable
racket. Inside, the
choir-a very fine
one-was finishing
an anthem.
As the beautiful
final notes of the
music died away.
the wife turned to
her husband and
whispered:
"Oh. John. was
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

thing pondered.
Il know it's Russian novel;
musingly.
Yes, miss"
But what is it? Oh. soody. Now
l have it," she declared.
And the name:"
Martin Chuzzlewitz.'
Grandma having arrived fer her an
nual visit to the city, had Bluebelle,
the flapper of the family. On the car
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

Az OhN VI hNA
girl clients she
said
II see by your
hand you are go
ing TO be married"
"HOw wonder
full J" answered
astonished girl.
and" contin-
ued the diviner,
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

comments, sugges-
tions and advice
rpon thc nt;hcds
Of play, he at last
wrote and pub
'ished n book on
the game.
One copy was
sent to a cham
p'on whist player
Tor his opinion.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

L z Ill v Ii u Z 1 80
name. She knew
it was Il Russian
n ovcl. however,
and the attendant
obliging'y named
a number of Rus
sian novels. But
this Didn't BRIG
the answer. S o
the fair young
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

pet. The young
lady was uneasy.
but the ordeal
bad to be gone
through with.
That skirt
The good old
Lady had TO pause
for breath.
Z" n W, grand
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

Prince George, youngest son of King
George of England, has had both small
toes amputatcd so he can dance better
Being kings son has its social obi
cations, toes or no toes.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

MT it wonderful Wasn't it marvel
ous,"
Yes" said John. "and the most
wonderful part is that they do it all
with their hind legs"
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

about a week the following 'etter mr.
rived:
my Dear Sir: Your fayor Of the
- inst. accompanied by your book,
was duly received. L have read It
very carefully. 1t seems very good
game. buh don't think it's as gooa. y
rs whist Sincerely yours
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05
A Laugh or Two

NAt the annual church bazaar Oae
young lady was making consider
able amount of money as a palmis:.
To ona Of bar
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

Mussolini, the Italian premier, was
only a corporal, if is stated. The way
he took charge of things. we thought
he was at least second loot.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

Lady OF the House Ito new cook)-
Jane, what did you have for the sunday
dinners at your last place?
Jane--Soup, roast and pudding.
Iady-And for supper.
Jane-There wasn't anything left then.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

The right of Senator Lodge to his
scat has been challenged. Why, we
supposed Henry Cabot held his seat by
right OF succession or something.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

ITS entirely too short" declared
grandma. As for your checks"
Here the old lady snorteG.
NO wonder you are wearing per-
inanent blush
A certain whist player imagined
himself an authority IN the game.
After boring Lis frien1s With velhal
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05
TTBRTARY CANCELLATIONS

The above totals and averages paid cir
cOation exclusive OF all spoiled copies and any free
copies OF any nature.s
We hereby that the foregoing statement OF
paid circulation is correct
HE. BROWN
L. 81, Circulation Manager.
49, C.~L. BUCHANAN
/. Business Manager
Sworn - and subscribed before this 3rd day
u March. 4. D. 1898.
(SeaD ?. V. WHITE,
Notary Public.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05
Where to Go

Vaudeville.
Majestic. Vaudeville and pictures.
Stock.
Royal. Edna Park and players.
Motion Pictures.
Rialto. 1.-The Strangers Banquet.
Palace. Poor Mems Wives.
Empirp. ozark Secrets"
Princess. "Nobody's Money"
Musical Comedy.
Grand. "Follies of 1928"
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-05

The Associated Press IL exclusively enttleo 70 tne
publication OF all news dispatches credited 70
Il not otherwise credited IN this paper and also that
local published herein All rights OF republea-
ton OF special dispatches herein are also reserved
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
Financial Flashes
Erum James Mscfarlane a Go.
sti second Ave.

Txenty Industrial stocks average
50 q. an advance q -. 20 railroad
atocks average Ig-2s. An advance %
IL
Attorney General nAnghcrsy
decides Dividends received ~
sto<kholAcr. In 4 corporation
frxn Distribution of earnings CO
profit ol another corporation ae-
euuulAird prior 10 March. 1919.
arv sxempt from iaxatiou-
Pullman company declared regular
quarterly dividend q g. per share.
payable August IS 70 stock u record
July ~.
Freight traffic fow the month
u Nay b said 10 be tbs heaviest
in the history Of raiiruAshs.
American Telegraph a Triephoaa
Co. Tor the first BALI Of the current
yeAr shows a balance after taxes
equal to is,Ts = share with ts-Ts fer
the corresponding period % i3s:-
British tire manufacturers arc
demanding that the government
Impose u IL per ecnt import
duty on tires.
Southern Railroad for the first
week q July gross income ts.E1s. 40.
an increase OF tS1s.1TS Gross earn
lnEn since the first o. the ysar show
an Increase % jtT.s1s.t5. over cor.
Responding period q is2s.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
STOCK PRICES
WILL Be LOW
Trade Conditions Must Get
on Sounder Footing

Moody's Weekly nsyisw Of Finan.
eiai Conditions. ia Ne current issus
Gays In part
Numerous arguments that bust
ness 10 ia a sound condition rprinE
no doubt from the feeling ca the
part Of finAneisrs that the public
needs % DO treasured Such rsss.
suranoe. however. IN order u be COZ.
yiacinH. slii probably have % oonis
ultimately from lower operating "a
iias. more moderate labor costs.
firfnsr commodity prioss. a bsiisf
agricultural outlook. more depend
able margins a profit. and greater
stability Ia ihs prices n securities.
The argument that counts with tho
typical isfssior and business man IL
The ena that shows IN bic eNa BAL.
ancr sheet.
Ia The past whenever a bear
movement comparable % this ono
followed several aDhths u s8eaiird
'distrihusian'=ns bull movement sub
ssqusaiiy began until after the stock
market had dragged On bottom some
time. and trade conditions had been
placed upon = s9un1sf footing These
tUsrns - saundaesa Invariably we're
A moderate hi.Rr SURPLUS. aa elm
lnaiiea - sEtfafaEanes denoted ~
smaller freight car ieaelhgs snd re-.
auosa ssssi consumption. a higher
general degree Il Insolvency dsnoiss
~ numefoBs failures q weak con.
eerns. and a maisfais amount q
general iiqpiaasioa Indicated - a
fail Ia bank exchanges
The average price q capital. os
ytsif ~ res investment issues fos
TIE se-ond quarter - 1874 sas t.ts
rsr rsns. against cot prr cent feF
she rfst quarter. and ia pr e~ni
fos sts first hsif ~ 1914 We le.os
sos snoassats further rise IN the
psies q capital ruHaiaE she sEeaiss
part a a YsAF.-
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
Metal Trade Shows
Signs of Revival

NEw lutGs. tgty ifs--Ths Ia
Esr1ssfaE ard MiniHr iat1Fnsi Press.
IH iss rasrsat urskiy Issue sssds
Hsaslnssi N ths metal markets. II
mash bs4ses than lass usss. fi1ss.
nsas has picked ~ sa4nsalsAi. hgs ls
aus Yss On isfEs sosts. as fsess Goes
surspsfs sru huFIa9 pefy cautiously.
Zane ard copper prizes are somewhat
Inrsusea. BOT HAD has ase'inssi assis
staissliY a~tas sa ihs policy ase.5ssi
ge1a ~ tss issaipE pspsarrT Tls
has hst8 sssssY.
t'pfasF has b.eea otsaiazhbs urill
yesterday Al ,hs it@ esnis ssllvstsa
lsve, vhAeh uas tnsHsiousd IA ,ht
fsstai Fspaft q last usess Sales al
ira, isvxl ~ese EHs saFss. s-sss Wsre
sasfsz5sat 70 atssasb al THAI sellers AZ
that pFsse hsd 70 dispose *. - that.
pnisss tssofa u shs rfsszp isss appear.
sfss price IL hhsiT 80 ascend ragssiy
te the is-esns lsSsi quoted ~ f3oss
- tlls setting agencies
The sxpass asznand has bssa slight
" better THE wsrk shaa izss. and
t.on8an Prices have he'd Up wsgL
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
Alaska Vessels
pErEnHnrRu. Sailed. Jniy is Str
Admiral negsts. oefihheusd, at sfte pm.
Arrivals and Departures

AHitNfiD--iuiY 10. -@ ar cafpilnas
from New orleans via porte 81 a. m.
sS kswAnse from Monterey al n IN
ctr aaailra fFcrn New rafh via porss al
iaise a. IN. ctr rrsaid-nt jefferson from
Manila via HohEkong. Shanghai Kobe
and Yokohama al slie a M str Wheaton
from New York via nc.,sn. Philadelphia
and ports at a, M stt Queen form
southeastern Aissta at tiit a. M: str
Alaska from Southeastern Alaska at stle
a M, stf a. y. Alexander from aan
feitp via Han ffanrlsco At II IN. at
Redwood from Alaska VIA Anscurtes aud
Point Wells NJ q. M. str Tohiwa Naru
from kotc via fchehama At piin a. ~,
July 80 ntr Monltn~oc from New York
Via Philadelphia and ports al Gao a M
sif Madison FROM New orleans via potts
AZ si,p y, M. stt Admiral Dewey from
San ffaneisco al iiian y. M! afr lake
ii,s n, M. str Frank Lynch from San
Pedro Via Fort Ludlow and Tacoma at
q, m, ctr Robin ursy ftom vAncnuV or.
", @, AZ II a MI str Thos y. Heal
from Boston Via New York and ports at
ioi,e y. IN. July it--Htr Lake Frances
from Han Pedro Via Tacoma AT atso u. IN,
for Han Pedro az iipa n. M, a, n l.. ~
r. Heather for cruiss at 10 q IN. July
is,.-ttr lake Frances Cor Han Pedro al
aiit n M; Hir Lake cayusa Tor ran
PEDRO AZ sac n, mi ctr Ia nrra Tor Han
Francisco at 3iit a. m,l str HAnta Ines
for Han Pedro via Everett, at aia0 y. m,
July is-aHtr AiAahAn for Tacoma II 7
y MI str ri Herundo for Rlchmond via
Point Wells at tito a, m.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
NATION SLOWS
UP IN BUILDING
Eastern and Pacific Coast
States Show Only Gains

building permits issued ihruou,
The upiied states during the fifat
halt % 1888 we're set per cent ahead
~ the same period Ia 1888. Permits
issued IN June this year. however
were only 30 per cent ahead u the
volume issued IN iuns. 1919. and
sefs 10 per cent lees than IN Stay
~ thia year.
These figures. which indicate a
Slowing ~ % building activities -
compared with the unprecedented De
yslopmsntA % tho earlier months ~
the year. arc based on official 70.
tufna made 10 r. W, Hifaua a Co,
from sst principal cities and towns.
The Eastern states gained "a per
cent fof the eta months period. 40
per cent over June. 1873. and 80 per
cent over May. 1874. The csa,rai
states Eninsd a. per cent for the
haif year period. bat IN June showed
a ioss q 50 per cent from June. 1914.
and iosa a sf.i pr cent 90 con-
Pared with May this year, The
ltosihsfn states gained ttt per cent
during The fret half Of this year.
bot IN June ios; ie1 per esat. com
pared ~tih Juns. 1875. ana declined
Etf pr reul ffum Nay this yea
Ths Pacific cnasi states gained tgt
psr cent fos the fifsi eta uionihs u
ihis year, Thslr permits IN Juns
rsfs sst per crni ahead q juua.
itss. ana pr cen, hbsaa u May
this year.
Tbs rs citiss reported total btiiia.
lns psfrnits faF Tho fifss siE u1onihs
this year u o. fet, sss .9st. compared
20 ii.stp. sis.sse feF ghs fire, sis
asauii,s q isss. the Eaia being iist.'
$3.50 To- these eitiss buiiiinE Ter
nilis amounting "a stp.sts tss ~sfs
issued n June this year. which COM,
ssrsd with tstt.stsstff faf June.
1874. a gallo II it.fs1.sit. bat loss
- ist.sts.kst a. eampsFe5 uiih MAY,
While IN June there VS. = tea
asaey sppfsfd mere Conservative &c
Invites Ihfgoat The sgustsy. fh.s Hss
ssF from sha case IN Ssw Iefs sssy
whleh GOT oaiY EaiHsa Ist.fti.fss 81
80; per cent aguaE ihs slfss bal, q
VA YsaF. tsas sssssss a E@ia over
kiaY this ys4f ~ fit.stt.stt. ef al
lssf eshi. ana en- ihesssns a. if.iisf
ga 81 Is PET esBt sfsF teHs tass
F1ar. i'rFnilis issssd Ia ssu fosa
fer taas wsfe itT.ftfsai. and fer
six fsaHths urfs ttsF.sfssts
% shs 20 Fsslsa fs9aggssi IN tie
tattbasl susthiT sgliaiaE survey.
ts2 Showed Eaias over 1unp. ists,
"a gained ever May ghis gssr. aHd
tao siss4ea gains fas shs ssss sir
Huasias - 1874. resaaass4 70 1871
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17

ssniibts cavs Tstmlasi si--aif rfesAsssi
tssasns
naith's rav. TsftagNsi ss-@I tafgs nsydsn.
sif Waa ssatsisghsra.
Arssf4ess Cas- ces T.ggsissi-~Hss He'd
Wed
htgi street Tsrrsissi--u a 4. ~ T
NsAsA.s 49, MsHasswee. ssr WssAsaa
afsua Tfans Fssifis IsfnsiHai--stir Al
mlFA1 Ssaass sif 2@ssa
rs.sts FssSssfss $50 EaeerA
rgsf ilsfs~ ST. uNsss. q, \ G. r Del.
.e3a
riss s.-Hsr Ais.ts.
tses IT. q "a rssis No ~
t,iss A-4asr Aataisai ~ hssa
t'isf ~ asf Aealfsi Slshpisoa. fniF
fahaiisfaAs.
fi,s p--ntt Admiral nsstnan. str "A
tstfsi iAs-sY
fesnssslFsf street Tssrainsi---ii'f Thns y
ns4t ssf cAf~iiass. ssf rshln Gray.
asiahsls street Tsfeslaai-Htr Sadi.oa.
sssrs hated s1ll tesk str kssanss
Niivssks. oesea Tsrminai-@sit CRETE
ttsha
Tnas tbrracrss H,s west Sglts, sis Yves,
fsc.a. siS rsssiasHt Itarrisoa, ate santa
Cfss
Pure, Eeuna nSisre q Dredging Co.
Esf ratisssan-
Nsslsssnfs MIfi-atr Frank f.yneh.
stsffstmaH's pfgdeek--E,r Bsdoaao. barb
tlfatia
In HsrsAtn--u n n Seattle.
wlnslgu Marine nsilvar@-achr r,sissy
Hoes, ssf X. V. kfuss. hates ceaait.
lam city, uhsisfs star Ses. 1, : ard
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
SEE SHORTAGE
OF FARM HELP
Eastern Washington In Need
OF 10000 Extra Men

SPOKANE. Inly IA shortage
uien ,e harvest the hts crop that
is nov IN slEht Il reported ~ A. A.
Lewis. chairman q the harvest
ial,or committee q ire SPOKANE
tnaraier q CemmerNe. bc has
asked the state eellese 70 cooperate
In heining The farmers 10 grs in
their grain and hay The college
Y. a. {. A. employment buFeaa has
ALREADY sent cat every available
man. and tho few mere may b.
rxirased AZ the Close % summer
ression. % lSlP farmers close about
Pullman. they probably viii noe ~
enough 90 meet the demand fef
labor.
.-senator Wilmer % Resslis es,i.
mates that Il viii require ie.eea eS'
ira mea tStvvrn now and August
rs T. adequately hanaie the crups
IN the grain belt. says Lewis. we
arc arranEink Tor a cvatFsi agency
h>rc Whereby these desiring employ
u,ent can be put IN touch with a
joh with the ieas; delay and ex,
rerse. Inquiries VIII - banded
ard registration NAN AZ tho spo-
kane Chamber Of Commerce
In Pullman. Prof, " y, Phelps
has been selected 10 Federal ~
rsrsor W. c. carrsn,sr q the Z. s.
department % Labor Employment
serVtce. stationed ia TIE federal
building ats Spokane 20 Fvprcsea,
fhe needs q farmers aiid hsrysssess
In this district.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
wGnsrspsr

Jttf ~
ftsss t@-~ Trfs
81 a ~ IS a.
tf.ss ittah r1ss
is . 81 - a.
s-s~ea ts- fsss
40 . m IS ~
s~~~ns islfA 1sAs
sac > - Nt q
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
Foreign Trade

The United States bureau % Tor.
eiru and domestic eonms-es has ~.
cssvet the following Inquiries FROM
foreign firms who wish 70 represent
American manufacturers in their re-
sp1cfivs fields. Full lngormatIou VIII
be given 10 American ffrrns on ap-
plieksion to s. II Btaiock. district
manager OF the bureau. Lswman
building. Seattle:
ArKnntlna-fTlssl Pager.
British Yves; lnaies-sTiTD Pro
Visions
EnEiard--t7I5D Box shocks. GfTD
Canned fruits
f'raEcs-tT2o1) Canned goods. tried
and canned fruits
frdla-s7Iosl Chemicals. perfgulery,
ships stores. soap. surgical inStru.
fnentse
sfexico-71s0 Corn. No. and 2
learic-ad IotsE CTi4g Lard ttf.pouud
cans1. GIsg whsat Giard. winter.
No. p.
syria Gs0sl Building lumber.
peeled poles. mahogany. sprucs.
Urrguay-TissJ Chinaware. iauu.
dry machinery. porcelain. sandrapsr
making machinery. spinning maehln.
cry.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
GRAIN MARKET
is IRREGULAR

CHICAGO. July is-orsia prices
eiessa irregular on the Chicago
board q trade teaaY, Whsa, and
eats hit,iaE new low figures aa the
erep and cora advancing fFsstien.
ally nsaF the elass.
Srlilax was on Ia wheat IN all cor
nsFs ~ the trade. Exeslisnt srer
reports Sith favorable weather In
all sections % the belt tossshsS
with loser prices In tdssFpeal. tn
anssd the selling here, Receipts
were heavy AZ Al the primary maj
ksts and the movement q the new
eFap In the saa,hwsss vas said 20
BE gslntag rapidly,
Despite hsaVY receipts cora prices
broke AwaY fran the trend - the
heat rit and sgufra gains late ~
The DAY iiuFtns - ahefts a. nrafbF
deliveries Nas the shisf faetet In
the huiilsh splrit
Oats prices fiurtuatsd easily With.
IN nafrop range ahd finailr sag
SD eff Practically IN srmpsthY
Wtth wheat Tbs trade pss stne
and saisa ~sFs Friaeipsily ~ ieeai
dsaisrs
rreytsieas sela sii6h,iY hikhss In
sympathy Win hoKs.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
RESERVE RATIO
GOES UP AGAIN
Gold Reserves Increase at
End OF Three Week Drop

Net liquidation 81 ittstoo.ooo o.
discounted bills and Of iiasoo.ooo
o. Aeesptaness purehassd IN open
market. &c against an inefsass u ie.-
700. coo IA government security hold
inEa IL shown IN The federal reserve
t-oard's weekly consolidated bank
statement Issued ne az Gloss o. busi-
nass on July Is. 1854 Deposi, ns-
ianiiss declined - i7t.too.eoo and
federal rsssrys nots circulation b
80. 500. 900. Cash reserves show an
inrFsass Of ,io.ses. 900 and the re-
srrys RADIO rose from 7tt 70 it.s PET
cent
Smaller holdings ~ discounted
hiiis are shown for all reserve tanks
ssreBs ihoss q, hilnBraaplls. Dallas
and fan Ffaneiseo. Liquidation o.
discounted Paper sAs largest at the
ssS York. ~. Louis and Philadelphia
hanks. while the largest incfeaHa IN
the holdings % discounted paper "a
shasu Cor the Han Fransisng tanf.
FoiiosinE Substantial decreases for
three successive seeks. the banks
shos an inefvass for TIE past Nesk
Ia their sud reserves % iis.7oo 900
Larger gold reserves are reported ~
sven reserve tanks. Cleveland show
me tiis iaFEes; inrFease faf the wssk.
amounting % it.tot.o 900 The EoiG
movement thru The settlement fund
vas away from sew York eitY. TIE
iooai reserve hank reporting q De-
eftaas ~ over tt.toe. 600 IN See total
Fn1a fessryea notwithstanding The
considerable a1diiion ~ gold 70 iis
vault reserve IAN Franeifoo rrforfs
a srcrease a q. sao 90 IN its gnia
rss~fs~s and srnaiisr dsessasss az.
sTeEH;inE over tt.soo.e are shown
for ,sle bes'on. Minneapolis ard 1si-
las bsuka
Reserve cast ether sf,An gald fs.
eilneS ~ is-teo 600 ~hils nnn.r1srrps
cash siao~s az Increase ~ 80 Goa 300.
This ineFeafs foT~sher nth ihs net
ihrTesas q iie. oos IN reserve cash
ana che reduction ~ tit.tet 600 "a
federal rrssfrs nnse circulation re-
risrss the usual rvtuFn fi0w ~ cur
frhrF fniiorInK the July holiday.
iguidsnE - paper secured BY FuT.
sFansnt oasir-iioss s-ciinsd during
,hs wess fFasn tt7f.ieenbe 20 tsis..
toe go nf the total bold on juiy IS.
see Sea nec. 90 SIS per cent. were go
eaFrd ~ uni,sa States tonds. tiSs..
300. ctT. 81 fiT f-er csn,. ~ treasury
naiss ard $500. 90. o. a. pr crns.
~ treasury certificates. compared
nth IstS.tet. e@e. iist.fbo. 600 and
iselisa ees reported ,hs SEEK tefufs
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-07-17
New Industries

Advertlsers' Engraving company.
1922 Eleventh. ave. ssattle; r. A.
GRADER. Otto Torch, Bert @. ohm.
ston; photo engraving. haif.tone and
live color plates.
Heisrr Radiator & Fender works
1915 f. Union St. Seattle: radiators.
lamps. Tenders, auto hoods and NUT.
flers.
Bremerton Iron works. 229 Second
st., Bremsrton; J. a. MacGilvsray.
forgings.
seattle Printing q Publishing Co.,
10 vs.. Roy st.. Seattle; A. r. Kern.
Ray l.. smltz; Job printing and pub
Iications.