davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1923-04-08

Rolen f. Painter. king or Eureka
Royal Arch Chapter, will head the
line in the degree work Friday even
ing The Royal Arch chapters at
Cherryadle. Va. and Rockville. Md,
have been invited to be present.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-05-16
Farmers Watchdogs on the Job

1t is a peculiar fact that in considering the relation of the
farmers product to the prices he must pay for commodities
notice is rarely taken of the fact that the average farmer has
resting on his shoulders the burden of a mortgage. 1t is all
very well to theofize that farmers are prosperous when prices
of the products he must buy are brought within range Of the
prices paid for farm products. These are fuctating elements,
and may be brought to reasonable equalization.
The tangle comes however because we consider the farmers
problem in terms of commodities those sold and those bought,
when the vital element, the mortgage and the interest fall into
entirely a different class.
The mortgage and the interest spell actual cash that must
be wrung from the profits of the farm and at specific periods.
and while the money market may fuctuate and be of Importance
to temporary borrowers, the sum total Of mortgages remains
the same, and the fixed interest remains the same.
If the farmer ever is to get rid of his old man Of the sea.
then some consideration must be given to this fact. In 1910
the farmer had to pay 1920 from every 800 he received to
take care of his mortage interest alone. In 1920 he had to pay
$11.50 to meet these demands. In 1922 he had to give up
$1410 out of every hundred received. 1t can be seen that a
lowering of the price the farmer must pay for commodities
does not by any means solve his problem.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-05-16
SOMETHING ITO KEEP

Is loyalty a lost art? Have the
people forgotten its meaning? Has
1t ceased to have power over the Deo-
pie?
Loyalty in its truest and deepest
meaning is free from every element
of sel1shness loyalty means abso-
Lutte devotion to principle. to party.
to person.
Absolute devotion takes into ac-
count the sacrifice that has to he
made to be loyal. It may mean the
loss of everything. but loyalty never
counts that cost too dear.
If this is a correct definition Of
loyalty, then it is highly probable
that it has been supplanted by the
meanest kind of selfshness because
men are sacrificing principle, party
and person for their own selfish in
t%erest, or to fill their own greedy
purses.
They seem to have but one God.
the God of Gold. They worship at
his shrine; they bow before him
morning, noon and night; they carry
his image in their pockets: his i'm
age is stamped upon their features;
they would sell their government;
they would sacrifice their homes.
Yea they would give up their fam
lilies to satisfy their W ~selfshness.
Many business men have ceased to
fight for great business principles
because they are afraid it will cost
them something. Politicians have
long since mortgaged their souls.
Oh, for a power that would bring
back to the throne of business
craftsmanship, and to the religious
altar answering. untainted ard un-
adulterated loyalty.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-05-16
Let's End Loafing of Idle Dollars

When one of the young Vanderbilts can stroll up to the
roulette table in Havana, as reported by a prominent Austrian
business man recently, take out a bundle of $1,000 bills, place
one after another on the same number, lose ten times in success
sion and then calmly turn to the fascinating fox trot, while time
is kept by the popping of champagne corks at the tables around
the dance floor, it is time for some of our lawmakers to put on
their thinking caps.
Ten thousand dollars to a Vanderbilt is a mere bagatelle Of
course, but when this kind of money waste is set down side by
side with the enormous demands made upon middle class pro-
ducers to contribute to the country's charities until giving be-
comes a burden, then it assumes the aspect of a near saturnalia.
Business men, particularly those struggling to get a foot
hold, are the sufferers. Examples of this kind Of s%pendthrift
nonsense have brought about the onorous income tax that has
taken out of the world Of trade and thrown into non-taxable
securities millions of dollars, millions that could well be used
for 0the expansion and development of American industries.
The nation cries aloud for revision of our tax system, for the
modification of the %burdensome surtax, but our lawmakers find
their excuse in the popular approval that gathers to them as a
result of any move that seems to show them willing to 'tsoak''
the rich. There are rich men and rich men, however. Some are
of the Young Vanderbilt variety, but there are others who have
made their millions by financial and commercial activity of a
worthy character, men who in the making of their fortunes
have built up the prosperity of the country.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-05-16

rents, MI. and Mrs. Enoch Giberson.
Miss Alice McIntire, of Wilmington,
Del, spent the weekend with Miss
Hannah Madden, at her home on
Church street. Miss McIntire will
visit Atlantic schools on Monday.
Home Department.
The postponed meeting of the Home
Department of the Presbyterian Chucrh
will be held at the home of Mrs. Earl
F~airbrothers, on White Horse Pike,
on Thursday, May oath.
M. E. Ladies' Aid.
The Ladies Aid of the NJ. E. Church
are very well pleased with the returns
of the recital given last week in the
school auditorium. On June Z the Aid
will have a strawberry festival in the
NJ. E. chapel.
C.. E. Union.
A number of local people attended
the meeting of the Atlantic County
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-05-16

Christian Endeavor Unions in the
Chelsea Presbyterian Church, on Fri
day. officers for the ensuing year
were elected, and Miss Hannah Mad
den, of our local society. was elected
secretary. Those attending were Mrs.
NJ. NJ. Townsend, Mrs. Earl Fairbroth-
ers, Miss Anna Mccarthy, Miss Cath
crime Mccarthy, Miss Emily Reep,
Miss Marion Price, Charles Holcomb
and Russell Elwood.
Mothers Day.
Mothers Day was appropriately eel
ebrated at the NJ. E. Sunday School.
The program which follows was in
charge of the children. Recitation, "A
Greeting to Mother" Walter Thomas;
Reading, "A Thought for Mothers
Day." Charlotte Louise Hammell;
Singing by the School; Tribute to
Motherhood, Ruth Roger; Exercise by
two Primary children, THE Pink and
White Carnation," Ida Fenton and
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-05-16

Peggy Dilks; Recitation, "A Promise
to Mother" Dorothy Allen; Singing
by the school.
Tennis Club.
The Absecon Tennis Club held its
regular monthly meeting at the home
of Mr.. Franklin Mccarthy, Monday
evening. After the business meeting,
the evening was spent in music and
games. A most delightful evening
was enjoyed by those present. Mr..
McCarthy's guests We're: Mr.. and Mrs.
Garnet Reed, Mrs. White, Misses Emil
ly Reep. Ella Shovel, Ethel Giberson,
Elizabeth ConoYer, Marie Bartlett.
Elsie Colby, Lena Robinson, Flora
Robinson, Anna Mccarthy; Messrs.
VIM. B. Etris, Edwin York, Ralph
Bartlett, Alton Bowen, Harry Weer,
Franklin Mccarthy, George Mccarthy
and Mrs. E. J. Mccarthy. The next
regular meeting will be held at the
home Of Miss Ella Shovel.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24

but the loss was not great. Specula-
tive sentiment as 20 the investment
status OF French bonds is peculiarly
unstable. Also in the case of the Bor
deaux-Lyons and Marseilles Us thi;
ebb and flow of sentiment has full
sway as there is no sinking fund sup
port in the case of the French IS anu
the French lbs.
All three sold around 40 today to
give a maturity return Of more than
o IL per cent. They were originally
offered in November, 1919. at ~ J..
and the decline from this price 10 The
present quotation fairly we'll measures
the increasing doubt about the French
financial condition. Belgian bonds
were mostly unchanged and there was
little feature In the rest OF the list.
Among the speculative rails the fed
turs again today was the large trans.
action at advancing prices Of the Erie
issues. The buying was evidently
from a special interest. the representa-
tiveS OF which are confident OF furthe'
improvement in the Fries position.
The general As were especially active.
selling up 30 30. Similarly the prior
lien As touched 80 while all thrS'
series Of the convertible IS, the 4, il
and DIS were very strong. ST. Pau
bonds were heavy again with the long
term refundins 4 les relatively the
weakest, while the short term IS OF
1925 were comparatively unaffected
Il. & o. convertible LIS advanced
ffactionally but still appeared low.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
COTTON FLUCTUATESI
THROUGHOUT SESSION
AND THEN CLOSES UP
Heavy Selling Of October
On the Call Starts
Prices Downward.

New York. Aug. ga further de-
cline occurred in cotton during early
trading today as u direct result of 4
loss in prices abroad, an easier stock
market, private reports OF more ram
in Texas and the disappointing reply
from France.
The sale of large block of Octo-
Der on the call started that month at
23 ga cents, n decline of nearly cent
from the high level OF Tuesday. This
again brought late months to 4 basis
OF % IL cents and attracted the same
general trade demand that has ap-
peared on each break the past ten
days.
For en- hour hedge aud speculative
selling supplied all buying orders with
in a narrow range but pressure failed
10 carry the list lower. Then a private
report placing the condition at 50 and
indicating q yield of only lO,400,OOO
bales started an active covering move
ment. October rose nearly 10 points
with recent sellers taking back cotton.
Liverpool rallied sharply quarter of
cent with all months here showing
more resistance 10 pressure. October
sold only five points over December
during carly trading. while hedge
selling reached substantial proper
tons.
A sharp setback under local selling
occurred during the fternoon hut
when reports of three hundred thou
sand pieces of print cloth being sold
at Fall River reached the market COW
ering stated. advancing October over
% cents. The market continued TO
show decided resistance on recessions.
a private report showilg a condi.
ton OF rs and an indicated yield of
10,900,000 circulated yesterday. rep
resented loss of ILL., per cent for the
month. The report issued this morn
ing showed loss # 13.J per cent from
last month and the two served 20 draw
sttention TO the regular monthly re-
mort due from Washington week
from tomorrow.
There is general feeling that dc
terioration has been more than normal
but the last bureau report of CO.
proved about 5 points lower than pri-
yate estimates. In the event OF n de-
cline of IL to il points based on popa-
lar ideas of conditions as they existed
a month ago. there would be a rcduc-
ton in thu indicated yield of about
half a million bales from July % fig
ures.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
STOCKS HOLD OUT
AGAINST EXTREME
WEAKNESS IN OILS
Street Discusses Precari-
Gus Outlook for Pc
troleum Dividends.
BY STUART j. WEST

Nt4s 4s94.ss ny llaS olu auLoAl0 l-tsat.
New York. Aug. 2S.-The market
today did not show its true covors
until the last half hour. All through
the forenoon and early afternoon il
had moved hesitatingly principally be-
cause of further weakness In some of
the oil stocks. But toward the end,
when 1t was seen that the pressure
against the oils was bringing out no
liquidation in other parts of the list
the market grew strong again.
Heavy buying of General Motors
accompanied by n sharp run M in
DUPONT was feature in the final
dealings. The Fries closed at their
best and the Can stocks-both Amer
lean and Contincntal-wound UP con
spicuously.
How long the oil companies can
continue operating at loss without
new financing or without affecting
their dividend policy. is a question.
The street is figuring that outside
of the Standard Oil group. the diyi-
bends are pretty prccarious.
The general list. although ouiet, re-
sisted the heaviness in the oils.
Unusual activity at new high
prices for the Erie issues was an
outstanding incident of the day. This
was evidently an indenendent move.
The fact that other anthracite shares
were not drawn along made il clear
that the reason did not lie in the
seemingly better outlook for a settle
ment Of the coal strike. Some time
ago powerful banking interest
tIfhnrtn NOT prap,ipn,t1,, al
with Erie was reported TO be taking
a hand in its affairs. An accumuls-
ton has been going on for some time
in Erie bonds in the belief that the
road has permanently turned the cor
ner and that these bonds are a good
business mans investment. The buy
ing of Erie stocks has apparently
been merely speculation following
the more solid buying of the bonds.
1t Is pointed out that, at the present
rate, Erie is earning the full 4 per
cent TO which the first and second
preferred are entitled, with a balance
estimated at from . TO > per cent GA
the common.
Can shares were prominent again.
Among the speeialties, Mack Trucks
was leader. and Gulf States Steel
and Julius kayscr shares attracted
attention. The street regards the
rise in Gulf States as speculative
movement based upon the relatively
small floating supply. kayser stock
was bid up on dividend talk.
a violent break in Famous Players
stocks preferred as well as common,
enlivened the proceedings of an other,
wise uninteresting afternoon. Fam
Gus Players has always been a mystery
to the street. That its stock should
be selling SO low while paying such
high dividends is, of course, sus,
picious circumstance. 1t necessarily
suggests that despite the large re-
ported earnings Of the company these
dividends are not secure.
The general list in the last hour
was dull with conflicting tendencies.
The Fries continued TO hold around
their high prices and the Can stock.
maintained their strength.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
CURB TRADING DULL
Stocks Sluggish With Movements Con
fined Within Narrow Range.

Copyright, by the San Antonio Light.
New York, Aug. 23.--The curb mar
ket took its cue today from the ac-
ton of the oil stocks. 1t was the dull
est session in some time with STOCKS
moving over narrow range. During
the early period quotations Were
practically unchanged. Then further
selling appeared in a number of the
oils. bringing about reccssions but the
declines were confined mostly within
a point.
Standard of Indiana was down eniy
fractionally. while similar losses &c.
Cured in Buckeye Pipe Line, Stand
ard of Kansas and Imperial Oil of
Canada. Prairie Oil and Gas dropped
off 3, points.
In the independent group the bulk
States. Humphreys was an exception
TO the general tendency. gaining over
> points on very few transactions.
The only feature of the industriais
was the rise of about point in Mid
vale Company shares. The strength
there appeared TO be in belated re-
Spouse TO the recent improvement in
this class of stocks on the big boarc
Todd Shipyard was up over a point.
Durant Motors lost part of the recent
gain but Peerless continued TO move
forward.
Reynolds Springs common stock and
Louisville Gas and Electric , per cent
bonds were removed from the list
Trading in American Drug Stores
class A stock was suspended unt''
further notice.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
HEAVY RUNS ARRIVE
IN ALL BRANCHES OF
LIVESTOCK MARKET
Cattle Values Hold Steady
Despite Inactive
Demand.

Copyright by The san Antonio Light
Chicago. Aug. 23.-All branches OF
the livestock trade again showed large
runs, and the total for the week was
reported larger as compared with n
week ago. The increase in the sheep
house was about 10000. while 5000
more cattle and 1000 more hogs ar
rived during the period, No western
cattle arrived today. Sellers had near
ly 5000 hogs held over from yesterday,
and values were off from the start
Less than 500 cattle were received
by big killers from other markets,
while they had about 1900 lambs di-
rect Receipts were $4,000 cattle.
$4,000 hogs, 10000 sheep and 5000
calves.
Demand for cattle was not active
even at the best time. but values were
called steady. Some 1415-pound steers
again sold at $l3 but no prime year
lings were on sale. Medium and plain
lots of steers sold slowly at unchanged
prices. Best cows and heifers were
unchanged. Gamers ''ere steady at
S2.5062.S5. while good cutters were
placed at $3.25@3.J0. Bologna bulls
held at unchanged prices, but veal
cslves were up % cents with choice
lots to packers at S13.
Hogs sold mostly a dime lower after
week start, Top lots stopped at
$500 against S9.05 for one load the
previous session. Choice heavy butch
ers went mostly at SS.40M So. while
some plain packing lots sold at S62J
-. a. 4 II
were quoted at SS.O0@S.25 for the
best lots.
Western lambs were able 10 hold
steady after weak start with good
lots at $3.50, but natives met with
a much better demand than expected.
and here the trade was m . cents
in some spots. Big killers paid
$3.50. Feeders were steady while
some prime light ewes made $50 on
a strong market.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
CHICAGO GRAIN AND PROVISIONS
CHICAGO CASH CoMMopIrrEs.

Slices. si.Os: No. 3 red. sf.0li.G
n.o:is; No. red. 81. GoSe; No. ! hard.
sl.0i q .o6i.; No. hard. tI.e3IA q .es:
No. : hard. $1,000, a1I.OS. :.
Corn; No. ! mixed, SSGssnc; No. z
mixed. SS4sSisc: No. mixed, sSI O.
SSi3e; No. yellow, s0as0ohc; No. !:
yellow soG90Ae; No. yellow, sen o.
SO sc; No. J white. SSlsc. No. white.
SS&c: No. 3 white. ST5;c
oats: No. white. 4eis I4si;c: No.
white. 80 a i1lac Z: No. 4 white, SAKE
Rye: No. >. C61GSc
Barley: 57Qc4c. -4=sf
Timothy seed. S6.00fG75
Clover seed: si5Gi7.
Lard: sfl.1O.
Ribs. sSsIg
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
NEW ORLEANS COTTON.

New Orleans. Aug. a3.--Further rains
IN tho western belt and moor cables
caused a decline OF 10 to Is points In
the price Of cotton around the opening
today, hut heavy buying arose on claims
OF too much rain in the eastern belt and
on private crop report which made the
condition only 5s per cent Of normal ana
the indicated yield '10,tso.o0o bales. \
strong rally ensued and at the end Of
the first hour prices were to IL poin =
higher than yesterday. After trading OFT
to e3.ss cents, october reacted 70 1881
cents.
Complaints OF too much rain IN the
eastern sections OF the belt and OF ex-
tremely heavy boil weevil damage in
Southern Georgia supported and In the
trading up TO II o'clock, prices were put
to levels u to 20 joints higher than the
close Of yesterday. Tho highest price on
October was 1851. Later months were
stronger than October.
Scattered realizing hy longs and hedge
selling occurred in the second half OF
tho session and az 1890 o'clock October
stood at 2S.ej with the list showing net
losses OF ten to fourteen points.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
KANSAS CITY LIVESTOCK.

Kansas City. No. Aug. sS-Cattle: Re
eeiptS. 5000; calves, 1000; better grades
beef steers and yearlinEs steady 10
strong; sls.2S bid on heavy heeves best
yearlings. sl3; desirable cows and heif-
ers steady to strong; others steady; mos,
beef cows, 500: odd head choice COWS
up to IS; bulls steady; hoiegnas, sS.75G
slow. weak TO lower; top Neals. $40;
stockers and feeders SLOW. weak TO low
err: hulk early sales feeders. S7.S5 q 800.
Hogs; Receipts. 5000: slow. mostly 10
to l5c lower than yesterday TO shippers;
top. $3.50; bulk of sales. s7.75 g S.45; bulk
desirable $50 TO 230-pound averages
$500 $50; few choice heavies to pack
eTs. sS.e0GS.s5: fo6ks steady; packing
sows mostly s6.25a6.50. stock pigs
strong; bulk s6.5O6s.S0.
sheep: Receipts. 5000: receipts mostly
direct 10 paSSers: ne fat western lambs
offered; natives steady to strong; top.
SIC so: sorting light; better grades most
iy sls.00G1s.50; odd lots sheep steady.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
PROTEST is LODGED.
Exchange to Fight Tariff Reduction
on Canadian Cattle.

Denver. Aug. 23.-The Denver live
stock exchange has formulated pro-
test against a proposed reduction in
the tariff on Canadian cattle. move
ment which is reported here TO be
sponsored by the American Farm b.
reau Federation.
The exchange will ask Colorado con-
Srcssmen 10 oppose any reduction on
the grounds that the West. Northwest
snd Southwest would suffer, ruinous
losses if forced into competition with
the Canadian product.
The exchange points out that , i
ern cattle are largely stockers and
feeders which move TO the corn belt
states to be finished for beef and that
the proposal to bring them into com
ppAition with Canadian stockers and
feeders would increase the supply and
tons till further 20 reduce prices.
"pange cattle today aye selling at 30
Tor cent less than in 1913" the protest
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
CITY BONDS.
NEW YORK MONEY

Il. Sales High. Low. Closr.
y \. J. City AIS 80 E. e. 1901,
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
EAST ST. LOUIS LIVESTOCK.

Fast ST. Louis. ILL.,. Aug. sS.-Hoss'
Receipts. 1900; generally 10 TO &c love-
er; few light hogs early, se.05 ale; lat
er sales mostly $3.50 800: 20 10 $50
pound butchers sS.75 a S.se: nothing done
on heaviss: good weight pigs active aud
strong; bulk 10 10 i30-pound averages
s7.50Gs.e5; ne action on lighter kinds
packer sows strong; hulk. S6,4096.60.
Cattle: Receipts. 1000: little doing
early; beef cows. Gamers and bulls
about steady. light Veaiers steady %
higher At sis.eOGlc.50; some Gamers
Ss.40Ge.T5; bulls. Sass a AS.
Sheep; Receipts. 1000; general market
STEADY; top lambs to butchers, SIS; 20
packers, sisSo; bulk. Sls.2S 1880; oulls
mostly $3.50; sheen scarce and strong.
Horses aud mules: Unchanged.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
NEW YORk SUGAR.

New York, Aug. SS.--The raw sugar
market WAS fi-meg and more active early
today. Sales OF $4,000 bags OF Cuban
were reported at i-3se, equal 20 S.Sf for
equal to 5.St.
There was little activity IN the ieeaf
raw sugar futures market and purchase
ings were irregular. There were esriy
scattered commission house buying. eae
prices reacted under liquidation and az
midday were ! 20 points net lower
Refined sugar was unchanged q T.S
for fine srGnula;ed. The demand was
light. 'r.
sugar faturss closed steady. Approxi-
mate sales 1900 tons. september 9sts
December SOS March 5.5s. Nay $50.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
FOREIGN EXCHANGES.
New York, Aug. as.-Foreisn excha

New York. Aug. 23.-Foreign exchange
steady.
Great Britain: Demand ASS. cables
t.5ji9. s0-day bills on banks 4.52S.
France: Demand $50. cables 5.59is.
Italy: Demand 4asm. cables $50.
Belgium; Demand AS. cables tBE
Germany: Demand .oO00ee, cables
.0000sl.
Holland: Demand s9.St. cables S9.57.
Norway: Demand 1880.
Swedeni Demand e6.59
Denmark: Demand 1880.
Switzerland: Demand 1907.
Spain: Demand 13.3f.
Greece: Demand l.75h.
Poland: Demand .0004i:.
C5echoslovakia:. Demand s.9G.
-Jugaslavia: Demand .o1Ol5.
Austria: Demand .o0ilh.
Roumania: Demand 40
Argentine: Demand $3.50,
Brazil; Demand 10ls.
Montreal: 81 $3.50.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-24
Continental Can.

Continental Can was actively
bought again today, chiefly because OF
its highly favorable earnings and Its
yield as 81 dividend payer. The re,
turn is around IL per cent. Net in
come is said 10 be between $40 and
81 per share. A new plant is bein-
constructed in New Jersey AMI it is
probable that it will be entirely fl
nanccd out of earnings. An important
announcement regarding Continental
Cans operations is looked for soon.