davidaulloa/AmericanStories huggingface dataset:
, 1923-02-21
INSTALUNiENT No. THREE.

V0eUnini DTDT--V TDUrIT4rr "a :.
r,5,,t - = D,,.-sn - "
G-nnr.dpn,-. cotLa. aaaz
H|Se""-S - "
gl,iDa
nicLs R,,i,e at, Ar,-io.n a,-,os-
o,npIoyed In. Gunradhurr to 0rJ the
'Ssalpore treasure.
Theresa. Ulaina 1ris wifi.
Ohzmu, the. Biaiue'a, butler. hired
at Gungadhurn'a commentator.
After Blaine leaves in The morninc
for his work n Young visitor. Cad
in the Of n Rainut calls.
Theresa. aware that theirs ie no e,,su
, 1923-02-21

@ q & makes you RsIE
Sste5s& sidss youuSeF ngai4
, 1923-02-21


ErisG We Se- assS - hiaod-ceIla
inerraSp 20 Szahs-, TNnod Impurities
rentBEi Va hlI0 know TINT night fok-
SWs day. Ma EIP faCttI p'at have you.
etBemh BE@scTrrr. ever actually teken
~hdTBEtEEe % this wonderful fsctTT
Thousands 1ust ltke you have never
thought about SIT SIR. rrupiioBh.
ecEema With all les tlery, U~kin-digEina
torture Hud it, soul-trarinE. uBreach-
able itching. plrplcs. ~blackhnada q
boul, they all pack up and 20. whsn
the tide uE hl00d-Ccllg hREirs to rcn
ihl Blood-ceiB are the fiQhtinE-Eiants
Of n~aturel & s. s. builds them b. tho
milllonl Il has been doing II since
1890! z. = s. Is ono Of the greatest
blood cell builders, blood p claRnseTp
and body builders known 10 us nor
tels! When you put these facts to-
Eetherr-ten 10 continue TO hnye ecss-
ma and bEln Crupti0nB looks more llfS
n sin than o. disease. hirr. ATthur n.
Smith, Pearl 81, Newark. Ohio, writes:
MY bttiH gtyl had q very bod raas II
sefsma. SEs bsgaH tshtEg s. S. s. aad
u t8sA noH. 7 shHh you very rrHoh. I
tel ny friends ulhhG a good T1sairiaa "a
O. .rahaot tIiH TOO HNHGh about it. fer
I fhoto q 10 q. E."
Here Is yCuE op~portubitT. s. & n
cchtaiaH unty vegetable T1edtrinnl Ia
Freuieuts. IseCDuae \. E S.. IoeH build
red rLooG-reilI, 10 Tuuts Theunlntism,
huA1a ftvm flREh, fIng out hollow
cheeks, beauties tho compilation,
r. * r IL SOLD gt all drug stores. 10
I've SlzeH. Tho laTEer bi4s bottls 10
tss more economical
G q & makes non fsI
Gstr-s6s iIs yoUuSeG nqasa
, 1923-02-21

IN the conversation which followed,
Il wes evident that Sir Roland Sam
Eon. English Commissioner was try
Ing to ind out how near Blaine had
come to finding gold and whether Il
wa Eoid In the ground or what he
called the Treasure Of SlaIpore that
he ives searching for. Tess declared
that neither she nor her husband
had h%eTd OF the treasure before.
Now. now. Mrr. BlaineF' he
ingenious rs you like to seem! Do
ingenious as yuo like to seem!' Do
you really expect rs to believe that
your husbands purpose isn't in fact
TO discover the StaIpore Treasurer"
81 never heard Of IT,
well. wcil-of course I believe
YOU. Mrs. Blaine. We're not oyer.
heard. are we7"
Not forEetful OF the Princess Vas.
mini hidden somewhere in the house
behind her, but unsuspicious yet II
that Young wuman's Eift for garner
ing facts, Tess stood up to look about.
md sat down again. noddinE in the
direction Of n gardener. There's
the nearest possible eavesdropper."
Samson then told the story.
There have been eighteen rniahs
Of Sialpore in direct succession
father to o he said. THE first
man began accommodating trrasurr.
Every man has conhdedI the secret
to hts successor and to none else
father to son. YOU understand.
when Bubru Singh. the last man,
died he had no SON The secret died
with him.
How Ices anybody know that
thereia a secret then?" demanded
Tess.
Everybody knows III The money
wes raised by taxes. Minister after
minister in turn has had to hand over
minted gold to the ~reiEninc raiah-
And look the ether way. 1 sup
pose, while the rRiah hid the stuRF'
suggested Tess
Samson screwed up hts face Itce
n man who has taken medicine.
There 1 dozens OF ways in Il
native state OF getting rid OF men
, 1923-02-21
So
BLUE SHE CRIED
Because Of iii H ealth-TeIls How
She Found Relief by Taking Lydia
E.Pinkhsm' v Vegetable Compound

Darlington. Ia.-'Iu used toedread
the time for my monthly period as
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
Social and
Personal
Large Crowd
Attends Operetta

The operetta given by the boys
and girls of the Bismarck high
school was presented before full
house at the city Auditorium last
evening despite the cold and blust-
cry night.
More than 200 children had parts
in the operetta, which was directed
by Miss Emma Taubert, school
!. music instructor. Miss Ruth Rawley
played the piano accompaniments.
All the parts were we'll played, a
number Of the children taking sew
eral different ones. Those attending
the entertainment were unanimous
in their praises of the way in which
the large number Of children took
their various parts.
In addition to beautiful chorus
and solo singing, the settings and
scenic effects for the operetta add
ed greatly to the beauty of the
play. Special lighting effects were
used to enhance the charm Of the
airy story.
The flowers and ferns with which
the stage was beautifully decorated
were donated by o. w. Will, florist.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
WILL OBSERVE
PRISON SUNDAY
Ensign Chesham of Mime
apolis to Come Here

In preparation for "Prison Sun
day" February rs, Adjutant A. E..
Gresham, Salvation Army prison
secretary, will visit Bismarck Sum-
day and Monday His headquar-
tiers are in MINNEAPOLIS and he will
arrive on the night train.
The Salvation Army expects to
hold services in every Jail, refor-
matory, training school and peni-
tertiary in the United Ststes on
"Prison Sunday, Ensign Homer,
head of the Bismarck corps, an
ncunced today.
While in Bismarck, Adjutant
Gresham is expected to take steps
toward forming a Salvation Army
corps in the penitentiary. In
many of the prisons Of the Unit
ed States. the Salvation Army has
succeeded in organizing comps
within the walls of the institutions.
In many of the prisons of the
United States, the Salvation Army
has succeeded in organizing corps
within the walls of the institutions.
Organization of the Brighter
Day league also is contemplated,
according to Ensign Homer. The
league is composed of prisoners
and former prisoners and it's OBJ
ject is to lend a helping hand tc
men and women after they have
been set at liberty.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
PAGE FIVE

listed, but to Elizabeth Hanks;s and
they were not the parents of Dennis
Hanks, whose mother was the Nancy
named in the will Of Joseph Hanks.
As for Lucy, have her marriage
bond in photostat, and a certificate
of her legal marriage. She was mar
ried to Henry Sparrow, rcyolu-
tionafy soldier and an honest man,
and she brought up her children
we'll, including two ministers of tbs
gospel. She is no disgrace to the
family. She had somewhat superior
advantage. Her father and her bro
theirs could not write, but she, like
all the Hankses who could write at
all. wrote with flourish. Thus
do we restore Ito her rightful place
on the line of the presidents an
cestors' Lucy Hanks, Abraham Lin
coins lest grandmother"
Rev. Barton noted that "this is y
paper which it would be very easy
to misinterpret and any report Of
it should recognize the character
Of the essay as a severe and earnest
piece of historical investigation,
which has occupied years of indus
try" He stated he was sensitive lest
attempts at a half Statement of Ger
tain of the conclusions might mis-
interpret the intent and spirit Of
the paper.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
w. C.. T. u. Meeting
Tuesday Afternoon

A meeting of the Woman's Chris
tian Temperance Union will be held
Tuesday afternoon, Feb. 6 at three
o'clock with Mrs. j. w. Deemy of
814 Fourth Street.
Mrs. F. L. Watkins, president Of
the union, will have charge Of the
business session. Following this a
Memorial Service for Frances E.
Willard" will be given with Mrs
c. W. Smith as leader.
Members will respond to roll call
with a fitting tribute to the men,
DRY of Miss Willard. There will DE
special music, and "Pen Pictures
will be given BY members of the
Union on the life of Miss Willard.
The topic for discussion will be
GLOW May We as White Robboners
Most Appropriately Pay Tribute in
1928 to the Memoray of Miss Skal-
lard" All members are urged to be
present as this is the regular
monthly meeting.
A cordial invitation is extended
to visitors in the city and to all
interested in the work of the w. c.
T. u.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

letters that it is hard to determine
the proper names and relationships
of the younger members said the
tangle o. traditional cousin ships. -
Abraham Lincoln, A History. by Nj
ccley and Hay. Vol. l, page "a.
This statement was undisputed
until 1909, when Lea and Hutchin-
son published their Ancestry Of
Lincoln" and Mrs. Caroline Hanks
Hitchcock published her "Nancy
Hanks" These produced the will Of
Joseph Hanks. presumed to be the
father Of these daughters. and there
was no Lucy mentioned in it. A very
elaborate family tree was published
changing all the sisters excepting
Polly; she still was left as the wife
of Jesse Friend. Elizabeth was de-
clarcd to be the wife of Levi Hall.
Thomas Sparrow was married to Eli
zabeth .Shiplcy and these were de
clared to have been tho parents OF
Nancy Sparrow; who married Charlie Z;
Friend, brother of James, and these
are alleged to have been the par
ents Of Dennis Friend, whose sub
sequent adoption of the name Of
Hanks" was responsible for no end
of confusion. Miss Tarbell accept
ed this theory, and proclaimed i
widely. As for Lucy there was no
such sister; and Nancy was declar-
ed to have been the mother of Abra"
ham Lincoln.
hn If ,syhN NJ ~
ed to substitute this theory for the
Hanks tradition were wholly good
though some one who furnished
some part of the information can
not be held guiltless of something
worse than carelessness."
DR.. Barton then proceeded to an
intricate and detailed analysis of
the evidence as preserved in the
Hanks family, and declared that
there must have been a fourth and
older daughter, married and away
from home, at the time of the max
ing Of the will of Joseph Hanks, and
for some reason omitted from it
Joseph Hanks was an illiterate and
dying man, and the will was made
by a lawyer, who, either by mistake
or for some reason not stated gave
the names of only three daughters
and devised heifer to each OF
| them. He continued:
"In an obscure corner Of kentuc.
ky, far back from railroads, is sec
ton known as "the cutoff" which
a Legislature separated from one
county and added to another, with
the benevolent purpose of making
two Democratic counties where 1pr
merly there was one. There reside
literally hundreds of descendent:
of the Presidents grandmother, in
GLIDING some first cousins Of Abra
ham Lincoln. They have read. i,
books about him, and have neve,
been interviewed, except by me, ant
by those who are working for me
And every one of them knows him
self to be related to Abraham Lin
coin, and they know how. Separated
from the Hanks family and tn
Hanks tradition by hundreds of mile
of distance and full century O
time, their family Bibles confirm
the Hanks tradition at every disput
ed point.
mot only so, but I have bee
able to secure copies Of marriag
bonds Of all the original Sparro,
family and most Of the Hanks fam
lily, including the marriage of Thorn
as Sparrow not to Elizabeth Ship
ley, who appears never to have ex
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

GRANDMOTHER
Is IDENTIFIED
Rev. Barton Believes That He
Has Established His,
tOrical Data

Chicago, Feb. 3.-In delving after
knowledge relative to the maternal
grandmother of Abraham Lincoln.
Rev. William r. Barton, Pastor Of
the First Congregational church of
Oak Park, Chicago suburb, and au-
thor of numerous books, one Of
which was on Lincoln, states that
he has found data which definitely
identifies Lincoln's Paternal grand
mother, known among historians as
"Lincolns Lost Grandm other"
Rev. Barton states that in ais
paper, which was read to an invited
audience Of scholars, historians,
judges and theologians here today,
that he realizes that he is disputing
eminent authorities and declarin;.
distinguished writer's on the subject
to be in error. The meeting was
not open to the public not all the
members even of the Chicago His
torical Society, under whose aus
pices the paper was given, being in
yited.
In producing the two grandmoth
ers Rev. Barton states that "all the
biographies of Abraham Lincoln are
incorrect as to his Paternal grand
! mother" DR.. Barton said in part:
~ have promised to bring to this
meeting the lost grandmother Of
| Abraham Lincoln. l am prepared tC
| produce not one but two. All the
biographies of Abraham Lincoln aI
incorrect as to his paternal grand
mother. She was not Mary Shipley
as Nicolay and Hay, on the auth
ority of J. r. Hall have told us; mol
was she of the Boone family, a:
Gideon Welles, Lincoln's secretar,
of war maintained. Nor was thu
pioneer Abraham Lincoln twice mar
ried, once to Mary Shipley, mothe
of his two eldest sons, and later L
Bathsheba Harring, mother o
Thomas. The marriage licenses o
Virginia sometimes gave the nam
of the groom and omitted that o
the bride. So was it with the recor'
of Abraham Lincoln, the president
grandfather. His license to MARI
was issued in Rockingham county
virginia., JuHS ., Ai'oS dHu IHo Oiiu
is not named. When Abraham Lin
coin was selling his farm in Vir
ginia, Feb. 10, 1880, preparatory t
removal to Kentucky, his wife Bath
sheba signed the deed, and on Sep
8, 1881, relinquished her dove
rights. She was not we'll at the tin,
and could not ride twelve miles t
the court house, SO commissio
was sent to acknowledge her relin
quishment. 1t has been suppose
that lBathsheba was a second wifi
Mary Shipley being the first. Their
when it was found that this coul
not be, it was supposed that Bath
, sheba died in 1871 and Abraha,
l Lincoln married Mary Shipley q
l his second wife. Last summer, in
pile of old tax lists in the base
ment of the old capitol at Frank
fort, the secretary of the Kentuck
Historical Society discovered lis
i. Of Washington County for 49,
: which shows that Bathsheba Lir
coin survived her husband. Abr
: ham Lincoln, grandfather of til
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
SHOW CLEMENCY
TO YI0LAT0R
OF MANN ACT

Fargo, Feb. 3.-Extreme Gle
mency was shown John Legeros,
a Greek restaurant proprietor of
Wahpeton, in federal district
court here today, pleading guilty
to violation of the Mann act, when
it was admitted by the woman
complainant that she had been a
willing party to the violation, and
had made use of the violation to
bring pressure on Legeros to COM
pei him to marry her
Judge Miller held the matter of
first Importance was the care of
the child. Legeras was fined $500
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
Give Whist Party for
Capital Officials

A party of capital officials and
their wives were entertained at a
whist party at the apartment OF Mr..
ard Mrs. Chas. Simon at the Mcken-
zie hotel last evening when three ia
bles of cards were played with the
honors being awarded to Mrs. K. j.
Kamplin and Mrs. r. B Murphy. At
~ o'clock refreshments were served
for the party at the Sweet Shop.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
Mother of Eleven
Passes Away Here

Mrs. Katrita Wittmier, age AZ
years, wife of Carl Wittmier, a
farmer of near Beulah, passed away
at local hospital yesterday morn
ing at $3.50 o'clock after an acute
attack of nervousness lasting for 10
days. Mrs. Wittmier had been ailing
for some time. She leaves her hus-
bapd and eleven children to mourn
her death.
The. remsins were taken to Beu-
lah for burial.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
UNITED IN MARRIAGE.

Miss Rachel McGovern O'Neili OF
Halliday and Charles A. Wright Of
Sharon were united in marriage at
the Presbyterian manse Thursday
evening, Jan. rs, at 4:3O o'clock. Rev.
II. C. Pestlethwaite read the words
of the ring ceremony. Mr.. and Mrs.
j. f Franey of this city we're the
sub cribing witnesses, Mrs. Franey
and Mrs Wright being sisters After
a short honeymoon trip. Mr. and
Mrs. Wright will make their home in
Sharon.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

good measure. We are after the
mother of Nancy Hanks. Here we
confront historical problem of the
very greatest difficulty, and lone
which many books have Garkened by
words without knowledge.
"The Hanks tradition, as given by
Lemon, Herndon, and accepted by
Nicolay and H., is thus given:
"Mrs. Lincoln': mother was
named Lucy I'm S hel s.s,ers were
Betty, Polly and Nancy, who mar.
ried Thomas Sparrow, Jesse Friend
and Levi Hall The childhood OF
Nancy was pa ed with the Spar
rows, and she was oftener called
by their name than her own. The
whole family connection was COM
posed of people SO little given to
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

By Marian Hale
Do you have your eyebrows
plucked?
If SO, desist urges Charlotte
Fairchild.
"It's the surest way in the world
to acquire the hard, inscrutable look
of the mandarin" she says.
Mrs. Fairchild, once portrai:
painter, more recently photog
rapher for society and the theater
is one of the most experienced judi
ges of faces in the country.
81 have photographed almost all
the New York debutantes anC
matrons in recent seasons" she con.
tinues, land since the craze for tax.
ing out the natural, graceful lin;
of the eyebrows struck the country
it's been almost impossible to get {
good likeness of woman.
Buds of ls and dowagers of 81
both display thin, penciled lint
above the eye, quite regardless O.
the, contour of the face.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

President,@ywas murdered by the In
dams, not in 1884, as, the president
thought, but in May 1886, and mis-
widow long survived him. Here,
then, is the paternal grandmothe:
of President Lincoln, Bath sheba,
whom the pioneer Abraham Lincoln
married in Rockingham County, Vir-
ginia in ITO, the mother of all his
children, his one and only wife. All
the books are in error; they must
henceforth be corrected. This is the
first announcement of the discov.
cry.
Historical Problem
"But Bathsheba (whose name may
or may not have been Herring) is
not the grandmother we are setting
out to discover, we include her for
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

AMONG CITY VISITORS
Rev. E. j. Bechtel of Fargo, "A.
A. Sayler of Ventura, P. E. Hatch
CT Baldwin, ]. J. Barrett of Wal
colt, A. B. Krogen and o. C..
Bennington of Driscoll were
among the city visitors today.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
ATTENTION MASONS

Regular meeting Bismarck
Lodge No. 5, A. F. & A. NJ,
Monday, Feb. S. Work in M.
M. Degree, commencing at
400 p. m. Dinner at $3.50.
ALL visiting Masons cordially
invited.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

Eyebrows were given to humans
for a purpose-to soften the feat
ures and shadow the eye: Pluck
them and the face looks positively
bald.
Nothing reveals TINS ugliness
quite so clearly as the camera, be-
cause it comes out and tells the
truth. And there's no way to dis
guise the peculiar, skinned look that
plucking gives.
Sometimes l try to simulate the
Lords work with makeup, but pur.
pie paint is nothing against the
shine on the upper lid"
Operators in New York beauty
shops say eyebrow plucking has be
come SO general that practically
every woman who gives much atten.
ton to her appearance has it done
regularly. Older women do it be
cause they think 1T makes them
look youthful, they say, giving 8
certain questioning, childlike ex'
preston. Their juniors do it be-
cause their seniors do.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
Presbyterian Young
People Give Pageant

A pageant will be presented by the
Christian Endeavor workers of tn.
First Presbyterian church Sunday
evening, Feb. 4, at the time Of the
regular evening service. The fol-
lowing characters appear in "Yough's
Response" a pageant for young peo-
pies day:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

For dandruff and falling
hair take scalp treatments at
Marinello Beauty Shop. Spe-
cial next week, SOC. Phone
500.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

HERE FOR SUNDAY
Arch Deacon Martyr will be in
Bismarck over Sunday to conduct
services at St. Georges Episcopal
church.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
COLLEGE PRESIDENT

COLLEGE PRESIDENT
Carl E. Allen, president of the
state teachers college at Valley
City arrived in Bismarck this
morning to spend a few days on
business connected with the legis-
lature.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03

w. P. Edwards of New Salem,
Edgar Thompson of Wilton, and +
S. Ccder of Driscoll arrived in
Bismarck yesterday OH short bus
mess visits.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
STOP OVER

STOP OVER
Rev. and Mrs. D. K. Ford of
Steele stopped over in Bismarck
last night.
Mrs. B r. Slater and daughter
Of Driscoll shopped and visited
here today
C. G. Mathys of Wilton was a
business caller in the city today.
Fred Heath of Napoleon was a
business caller today.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
LEGISLATORS WIFE

LElNSLATUK0 WITH
Mrs. T. w. Radcliffe of Walcott
is visiting with her husband who
is member of the legislature.
Mr.. and Mrs. Radcliffe are stop
ping at the Van Horn hotel.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
RETURNS TO FARGO

RETURNS To FAKGO
Mrs. A. G. Divet returned to her
home in Fargo last night. after
spending several days visiting in
Bismarck.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
VISIT DAUGHTER.

W. E. Runey of Sterling, arrived
today to spend the weekend as the
guest of his daughter, Miss Madgc
Runey, county superintendent.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
CITY NEWS
st. Alexius Hospital.


Miss Ethel Pollard of the city. Mrs.
Selma Miller Of Almond, 8. D.,
George Knowles of the city, and Babs
Emma PaDacek of the city, have en-
tered the St. Alexius hospital for
treatment. Floyd McAninch OF
Shields. Mrs. Henry Doerr Of the
city, Mrs. Mich Scbiele of Linton,
H. G. Hafner Of Beulah, Mr.. and
Mrs. ]. A. Sullivan Of Burt, and Mas
ter Frank Kuntz Of Glen Ullin, have
ben discharged from the hospital.
Bismarck Hospital.
George E. Stoulil Of Tappen, Will
liam Mueller Of Ryder, C. A. Swan
son of Driscoll. Judge G. w. Newton
Of the city, and Mrs. Daniel Roehl
s 81 . 2
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-02-03
of New Leipzig, have entered the
Bismarck hospitas for treatment.
Mrs. l. NJ. Law of Halliday has been
discharged from the hospital.
Announce Birth.

Announce Birth.
Mr.. and Mrs. H. f. Williamson OF
Arena, are the parents of an infant
daughter born at the Bismarck hos
pital yesterday.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-08-26

early in the month and that it was a
lasting change. The contention has
been upheld that the decline which be-
gan toward the end of March on the
stock exchange and did not actually
eliminate until the beginning Of Au-
gust, was exaggerated by speculation
and by unwarranted pessimistic pro-
paganda. This has been recognized in
the recent recovery, especially in
stocks representing industries which
have suffered little or no setback
like the railway equipments. the cans.
the dry goods and chain store shares.
the motor trucks and the tobaccos.
Also. in part, the improvement in
prices has mean looking ahead 10
more active times in the fall in such
lines as steel and sugar. where a con-
siderable reaction has occurred.
The market continues to discrimin-
ate against the oils. as it naturally
would, until it can see signs that tho
price cutting is beginning TO encour.
age excessive production. II also can
not get up enthusiasm for railroad
stocks where the traffic and large
gross earnings are not being trans
lated into any prOportionate gains in
net income.