davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1923-04-21
CURB ST OCKS
DROP UNDER
PRESSURE
Professional Raiding Held Re-
sponsibIe for Decline in
Early Trading.
BY H. j. DUIZEND,
Cosmopolitan News Service Staff


+ NEW YORK, April 21.-Large
offerings of oil stocks caused heavi-
ness on the curb exchange today.
Professional raiding was mostly re-
some liquidation was reported from
outside sources.
Standard Oil shares felt the in
fluence of a reduction in gasoline
prices by the New York company,
which was in line with that an
nounced yesterday by the New
Jersey unit. Most stocks in this
group lost about point, but good
support was encountered at the
lower levels.
Independent oil stocks also were
in supply with Cities Service losing
115 points to 1861, and Gulf Oil
nearly a point at 81 n. The South
American issues ruled fractionally
lower.
Peerless Motors suffered a break
of four points at 81 and Durant
Motors continued weak at SIX, a
one-point loss.
Tobacco shares held steady. Coal
stocks were slightly lower. Waring
Hat was heavy, losing nearly a
point to 81.
Mining shares followed an irregu.
lar course. Cortez Silver was again
under pressure, losing cents to
So cents and Goldfield Florence de-
clined cents to IS cents, but re-
covered this loss later on.
Bonds were iTropl11ar
The Washington times., 1923-04-21
Local Wholesale Market.

ERgs-Strictly fresh. selected. candled,
per doz.. ESQ 27c; average receipts zSc'
Southern, csc
Live Poultry-Roosters. per lb.. tic;
turkeys. per h., $50 35c; spring chicken4.
ner IN soc: winter chickens, 400
soc; keats. young, each. SIC; fowls, per
h.. ESQ 27c.
Livestock-Calves. per b., 10@11c;
lambs. spring, per h.. 20c; live hogs, per
h., &c.
Dressed PouItry--Fresh-k killed spring
chickens, per ID, 76c a soc; winter chick
ens. 4605Oc; hens per lb.. ss9ase;
ROSTERS per h.. 10 gee: turkeys per
h., $50 SOC: keats, young, each, 700
SOC.
VegetabIes-Potatoes, No. /. per bbl.,
$2.0O@2.5o: per sack, $S.000S .26: sweet
potatoes, North Carolina, $2.0O@3.00;
beans, $S.00@5.00; kale. per bbl.. soc %
800; lettuce. Southern, soc @$2oo; peas,
5000 500 per basket; celery, per crate,
$2.75@8.26; cabbage per bbl., $500
2.S0; elephants. per crate. $500 90;
peppers, per crate, Florida. $3.50 02eo;
squash. $2.6004.00; Florida lima beans,
$4,000 500 per basket.
The Washington times., 1923-04-21
BEARS A c I | We
AS STOCKS
DROP
Selling Pressure Developed in
Today's Short Session
Against Market Leaders.
By w. s. COUSINS.
Copyright, 1928. by Cosmopolitan
News Seryice,)

NEW YORK; April 21.-Selling
pressure developed in the stock
market Immediately after the open
ing today and the range of, prices
for the Speculative leaders was
slightly lower.
The bears made grand display
against United States Steel, Bald
win, American Wooden, Gulf States
Steel, 'Crucible. Producers and Re
timers and other. active issues, and
succeeded in depressing prices from
to points. United States Steel
sold at less than half point above
it's low price for the year and
showed a loss of more than points
from yesterdays high.
Further reduction of gasoline
prices by the Standard Oil COM
pariy of New York was seized upon
by the bears as an aid to their
campaign against prices, and oil
dency, Standard Oil Of New Jersey,
equalling its lowest sales record
Tor the year. at 3S3s
Pan.American Petroleum, on the
other hand. was uniformly strong,
rejecting the reassuring statement
Of President Doheny that potential
earning power was as great as at
any time in the history of the COM
pany. The short interest in Pan
American is said to be very large
and short covering may always be
relied upon to help along a rally.
The current weekend reviews
showed Indications of. q slowing up
In the upward price trend in com
nlodities, but these were believed to
be. temporary. From several of the
important industrial centers come
reports of demands for higher wages
which. if granted, mist of necessity
be reflected in higher commodity
prices. II is earns silly to be hoped
that the vicious circle" of produc-
tion costs and selling prices will not
BE- reintroduced into our economic
system.
On comparatively smaller
volume of business, prices steadied
In the second hour and closing
prices were generally at a higher
range. Sugar stocks regained some
OF their recent losses, Punta Allegro
rallying above 81.
In the bond market, Liberties and
domestic industries were irregular
and foreign government issues
steady.
The Washington times., 1923-04-21
FAYETTEVILLE MEN BUY
DURHAM NEWSPAPER
FURNISHED by w. B. HIbbs Z Co.

DURHAM, n. c., April 21-The
Durham Sun, afternoon newspaper
has been bought from w. w. Wea-
yer. by the Fayetteville Publishing
Company, which publishes the OBJ
server at Fayetteville, N. c.
a. 3. DeMesquita, formerly of
the Birmingham Age-Herald and
the Indianapolis Times will be bust
ness manager and managing editor.
The Sun has been Republican
in policy but under the new man.
agement 1t is to be independent, 1t
is announced.
The Washington times., 1923-04-21
fascist TO FINISH TASK,
Is UKASE OE MUSSOLINI

ROME. April 21-"Our covenant
of fidelity to the nation and our
pledge of discipline to the Fascist
is warning TO our adversaries,
declared PremiO~ Benito Mussolini
today during observance Of the
anniversary of the founding of
Rome. He added:
I'VE are not going TO stop until
we have completed the task we
have set for ourselves. We arc
all bound by discipline. That is
the greatest after.war need"
One hundred thousand new mem.
bers of the Fascist were sworn in.
A feature of the celebration was n
parade of 10000 members Of the
organization wearing black shirts.
The Washington times., 1923-04-21
WAGE INCREASE SOUGHT
BY RAILWAY CLERKS

CHICAGO, April 21.-Chairmen
of several Western and North
western divisions Of the Brother
hood OF Railway and Steamship
Clerks, Freight Handlers and Sta
ton Employees were assembled here
today threshing out details of plans
for a slight increase in wages.
1T is understood the chairlnen will
submit their demands within the
next two weeks, first to groups of
men they represent, and then to
~~e carriers
The Washington times., 1923-04-21
office Of the
Lanslon MonOtype Machine Company

FutiaueipHta, April - 1sSS
The annual meeting of the stockhold-
ers of the LANSTON MOEOTYPE MA
CHINE COMPANY will be held at the
Elks Home. Corner Prince and ReysI
Streets, Alexandra. Va, at twelve
o'clock noon, on Thursday, the 3rd day
of May. 1898, for the purpose of electing'
Board of Directors to serve for tha
ensuing year; of acting upon proposed
amendments to Article VI. Section 1.
and Article l. Section 2, of the Bylaws,
permitting any Vice President. in the
absence of the President, to sign checks
stock certificates, etc. and creating and
defining the duties OF the office of
Assistant Secretary, and of transactinR
such other business as may properly.
come before the meeting.
Transfer books will be closed on April
2Srd at four o'clock p. NJ. and will be
reopened on May Sth at ten o'clock A. n.
BY order of the Board OF Directors
W. ARTHUR SELLMAN,
Secfetary.f
The Washington times., 1923-04-21
N. Y. Cotton Exchange.
BY Cosmopolitan News Service

~ NOsnOpOIltan News Service.
NEW YORK, April 21.-Prices
Tor cotton futures were steady at
the opening today. The recovery
which started toward Yesterdays
close, was continued to a moders to
degree, causing advances from tn
"a points. Strength was most
noticeable in the new crop months
due to unfavorabIe weather re ;
ports. May opened at 27.40, I'm >
points; July at 1858, up noints
and October at 24.10, up Ia points
The Washington times., 1923-04-21
Baltimore Grain MARKER.

Wheat-Easier. No. red winter.
$1.40%; No. 2 red winter garliciSy.
$1.37%. Receipts. S.113 bushels.
Shipments, 46,200 bushels.
Corn-Steady, No. yellow or bet
ter domestic, "a. cents per busIeI.
Receipts, 50,97S bushels. Ship
ments, 91.051> bushels.
Oats - Steady, No. white
domestic, 551s @56 cents per bushel.
Receipts, 1 ,7o6 bushels. Shipments,
59,sS7 bushels.
Rye-Easier, No. 2 western export
spot, 81. Receipts. 39.062 bushels.
Shipments, $500 bushels.
Hay-Ample supply. quiet.
Flour-Steady, unchanged.
The Washington times., 1923-04-21
Foreign exchange.
NEW YORK, April 21.-For

NEW IOtth, April ZI.-FOreign
exchange opening:
Sterling, demand, 4.65A; cables,
4.6512; francs, demand, .O665a;
cables, .0666: lire, demand. .0495;
cables, .04951z; Belgian francs. de.
mand, .05751a; cables. .0576; marks,
25,974 to the dollar; Czechoslovak
kronen. demand. .0297h; cables,
.0298; Swiss francs. demand, 1873;
cables, 1875; guilders, demand,
1914: cables, 1917; pesetas, demand.
.l532h; cables, .1534h: Sweden
kronen. demand, .2672; cables, .2676:
Norway. demand. 1883; cables, .4793;
Denmark, demand, 1886; cables,
The Washington times., 1923-04-21
1000 Payroll Cut.

CHICAGO, April 21.-Mayor win.
lam e. Dever has taken the first
step toward seVering 1000 citv EN-.
ployes from the payroll. when no
called for the list of hold.over an.
Dointees. The ones affected are
slxty-day appointees held over from
the previous administration.
The Washington times., 1923-04-21
Lumber Industry Reviving.

The $2.307 900 handed the Gov.
eminent for the sale of national
forest timber is taken by the Gov.
ernment as an indication that the
lumber industry is getting back on
Vie feet.
The Washington times., 1923-04-21

Local Stocks.
SALES.

SALEO.
Washington Gas 5's, $5O0@S5.
Washington, Railway and Electric,
pfd., 10@745s.
American Security and Trust Co.,
2@325.
AFTER CALL.
Washington Gas, SIS, $1,000Q95,
81, 0O0@95, $5OO@95.
Washington Railway and Electric,
COM, 10068%.
Washington Railway and Electric
pfd., 4@74%
Evening star., 1923-09-14

to the growth OF good relations.
I'VE call attention to the fact IhaS
the operators are not SO enectiveIy
organized for labor relations as the
Aminers and that, both as defensive
end as a cooperative measure, there
should be effective district and ma
ttonai organization and national LABOR
policy among union operators.
1t should create the office OF national
labor commissioner to function as 90
the labor commissioners IN the uls-
tricts, but on national problems
Urge Better Training.
eve recommend moro attention to
the training OF superintendents, fore
men and assistant foremen In prob
lens of management, especially IN
dealing with labor under union
agreement.
"In accordance with best policy In
the coal and in all other industries
we recommend the policy In each
company of centralized responsibility
for labor relations
1--WE recommend much closer con-
tact and greater educational service
rom the district and national officers
of the union to the local officers and
men. ~,
1--WE believe that the union will
need to depend more on facts and less
on force if 1t is IN the future to ad-
vance the interests of its members as
successfully as 1t has in the past.
We therefore suggest the Importance
within the union of continuous fac1i-
tiles for research which Will collect
and interpret facts and aid and en-
Evening star., 1923-09-14

before the expiration of the agree
ment.
'lt is recommended that when such a
report is made the President imme-
diately inquire into the factors at issue
and secure report and award thereon
made on or before the date of expira-
ton of the agreement. 1t should
be the purpose of such report to focus
upon the negotiators the Irresistible
moral pressure implicit In their Joint
obligation to furnish the public with
coal.
Hit Drastic Measures.
THE best approach to a. remedy for
the evils Of the general strike will not.
I'm our Judgment, be found In an imme-
diate resort to drastic prohibItory meas
ures. Whatever artificial gap may have
developed between employer and en-
ploye. they must work together or there
can be no peace and no real efficiency.
y" II will be necessary. however, for
them to find means of bringing their
best statesmanship to the front in com
| nection with the general negotia tious.
They cannot perform this Indispensable
public duty unless they emancipate
themselves from the atmosphere of mill
fancy that too often characterizes their
proceedings.
TT is believed that the combination
of continuous investigation and pub
| licity with the possible resort 20 media
tion at the instance of the President of
the United States may remove the
necessity for more drastic emergency
measures. Until measures for
holding both sides to their responsible
ties nave been exhausted, 1t viii be ex-
Evening star., 1923-09-14

assessments. And we recognize It's
injurious effects upon the union in Of
yorcing the problem OF income from
the winning of membership, and in
the resulting lack III closeness of con-
tact and of educational service and
control by the higher officers to the
lower officers and to the rank and
file members of the union. We believe
that the unsettling effects of casting
out this practice, however, might
more than overbalance the gains. But
we do not feel that the check-o Is
vital enough ever to justify a. sus-
pension of operation,
Recognize Autonomy.
I'VE recognize that the establish
ment of a policy of complete district
autonomy in the negotiation of new
agreements, as advocated by some
operators, would result in great tur-
moil and renewal of the fierce COM
inevitably lower standards. We sug-
gest, however, that many operators
in the outlying fields have a real
grievance when they say that essen
tial elements of their agreements
are made for them in conferences In
which they are not represented. We
suggest that the two parties should
work out a system of national nego-
tiation with district agreements,
which will avoid standard cutting
wars between districts and secure
adequate fiexibility to meet neces-
sary district conditions.
I'VE recommend a continuing UNI
pire In each district as indispensable
Evening star., 1923-09-14
DESTROYER GUARD
FIRES ON vANDALS
Disturbed Compass New
Theory in Wreck of Seven
Off West Coast.
By the Associated Press.

By the Associated Press.
SANTA BARBARA Calf, Septem-
Der 14.-Sea yandals, the inevitable
looteEs who have appeared on the
scene of nearly all disasters in the
past, have begun their work at Point
Honda, where the hulks of seven ma
val deatroyers are being beaten to
pieces by the waves, following the
catastrophe of last Saturday night. \
naval detail stationed there has been
armed with rifles with instructions to
fire upon any unknown small boats
near the wrecks.
a dozen shots were fired last night
at two fishing boats which attempted
TO send boarding parties to the hulks.
Two more bodies were recovered
yesterday. 1t is the theory at Poin t
Honda that all bodies of victims not
recovered are afioat and eventually
Will be washed ashore.
Found Compass Disturbed.
Capt Robert Ord, master of a small
power boat, who has operated on this
coast for years, tells remarkable
story of compass disturbances in the
vicinity of the spot where the seven
destroyers ran on the rocks off Point
Honda last Saturday night, which may
account for the disaster.
Il was making a trip from Santa
Cruz Island to Arguello." said Ord. "a
short distance below the place where
the destroyers went ashore. and ar
rived oft Honda just about dark Sat
urday, barely two hours before the
Warships ran aground
Although / followed the course |
have followed for years in scores OF
voyages, | found myself more than
ten miles from my destination when
/ arrived on the mainland Ny COM
pass, which is the ordinary marine
compass, was fully two points off
This variation landed me on the coast
fully ten miles above where l should
have reached the mainland
Il do not know whether the com
passes of the warships could have
been Influenced as mine was, but If
they could that variation would ex-
pain why the ships were so far from
their true course. This is not the
hrSt time that compass variation in
this region has been noted
Evening star., 1923-09-14

Tighten union policy.
we believe that the union Is facing
optical transition period. 1t has
gone through and won the struggle
to become powerful. The challenge
confronting 1t now is whether il can
use great power In irresponsible way
to serve social ends.
I'VE do not advocate nationaliza-
ton as means of meeting the ma
tional strike or other parts of the
problem of labor. relations.
we recommend against compulsory
arbitration as q means of preventing
believe in discretion made law in
either the industrial or political fields
and because there Is no way to en-
force compulsory award which does
not involve enforced operation or en-
forced labor.
"We recommend special compulsory
failure to renew an agreement is. Inn
minent, so that the public may have
chance to be heard before conflicts
arise. Specifically. we recommend an
inquiry under the authority of the
President of the United States To
this end, II is suggested that all
agreements should contain a clause
that will provide for automatic re-
newal of all agreements except in re-
gard to provisions concerning which
either party may have given notice to
the other ninety days in advance of
the date of termination of the agree :
ment. In case OF failure to agree a
report setting forth the factors a. Is
sue should be made to the President.
oy each side. not later than sixty days
Evening star., 1923-09-14
NAVY BOARD ADJoURNs.
Inquiry Into Disaster Will Be Re
sumed Next Monday,

Inquiry Into Disaster Will Be Re-
sumed Next Monday,
by the Associated Press
SAN DIEGO, Calf, September H.
The naval board of inquiry investlgat-
ing the disaster at Point Honda in
which seven destroyers were wrecked
on the rocks adjourned after one ses-
sion to 10 o'clock Monday morning
Rear Admiral W. V. Pratt, chair
nan of the board, told newspaper re-
porters that the meeting was merely
70 devise method of procedure for
rhe. investigation and that no an
nounCement would he made following
y. The names of witnesses who are
likely to be called before the inquiry
board were not diyulged by the naval
authorities.
Behind Closed Doors.
The Monday session, according to
Rear Admiral Pratt. as well as all
meetings of the Investigating board,
will be held behind closed doors and
statements regarding the boards S
progress will be made twice daily
Three other United States destroy
erS narrowly escaped destruction
when seven OF their sister ships were
wrecked on the rocks at Point Honda,
near Point Arguello last Saturday
night it became known here yester-
day.
The Somers. Farragut and Marcus,
following in line the seven destroy
ers which struck on the rocks, re-
Ceived signalg i'll time to make quick
turns, but not soon enough to avoid
damage, il is stated
Turned Quickly to Sen.
Naval officers here stated that when
officers aboard the Somers and Far
rsgut received signals and realized
disaster lay ahead, the two ships
turned quickly toward the open sea.
Nevertheless, both ships scraped the
sand near the rocks and were slightly
damaged. The Marcus. also turning
quickly. Is believed to have struck
Evening star., 1923-09-14


against one of the rocks. az there is
said to be a hole in her bottom.
Orders have been issued for the Mar
cts to dock at the destroyer repair
ba8e to undergo repairs. but no or
ders for the docking of the Somers
and Farragut have been issued.
Four May BE F1oated.
SAN FRANCISCO, September 14.--
Four of the United States naval de-
atroyers on the rocks near Arguello
light may be fioated. but three of
them are total wrecks which cannot
be salvaged. Capt. T. p. H. whitelaw,
veteran wrecker of this port, an
nounced upon his return from trip
of inspection at the request of naval
authorities. The Chauncy, Nicholas,
Woodbury. and Fuller may be saved.
he said.
Evening star., 1923-09-14

tremely unwise for the public to embark
on coercive measures of regulation of
labor relations.
while IT. Is believed that the above
suggestions Will encourage matual ac-
commodation and agreement at the time
of the renewal of negotiations and will
therefore lessen the chances of national
strikes or suspensions, the fundamen-
tally constructive opportunity lies in the
building up of the day-to-day relations
within the agreement period. Improve
ment in Industrial relations during the
life of the agreement would very con-
siderabIy lessen the probability of
national strike"
Evening star., 1923-09-14
U. S. BODY REPORTS
ANTHRACITE PROBE
CONTINUED from First Page.)

lected and paid by the men.
DiScontinuance throughout the In
dustry of "subcontracting.
Abolition of convictleasing to
operators.
Abolition of all "discounting OF
scrip"
Serious study by both sides" of the
problem of undue limitation of out
put and OF causes leading thereto.
Disputes in union fields concerning
discharges to be settled promptly
through conciliation or arbitration.
with adequate checks" enforced in
mont union fields against unreasonable
ness in exercise of the power of dis
! charge.
Recognition of the unions right to
encourage new members, through tho
example of service to it's members
and by peaceful and honest per-
SuaSion of every sort" with recog-
milton of a similar right by operators
"by good works and honest persua-
sion" to maintain a non-unfon status.
Rap Violence.
The report continues:
I'VE condemn violence, thuggery
and gun-w work, whether practiced by
the union to enforce complete unioni-
zation, or by the operators to prevent
it, We recommend that such destruc-
tive labor policies as use of spies. of
deputy sheriffs as paid company
guards, house leases which prevent
free access and exit, and individual
contracts which are not free-will con-
tracts be abolished.
I'VE recognize" the commission
said, the irritating effects of the
check off to the operator. especially
in the collection of special fines and
Evening star., 1923-09-14
Extra Wear for School
2',-Pants ;, Suits, IS
Cap to Match

Boys practical like the clothes that wear and
still have Extra quality of materials such
cashmere cheviot and tweed browns ovepad Some
with belt to match Styles Norfolk plain beled model
The model by the has pairs of kces golf
regular. Sizes Ito 8.
, 1923-01-25
Reds Barred From Mine Union.

Indianapolis. Ind.-Notice has been
served on the coal miners Of Nova
Scotia by the international executive
board of the United Mine Workers Of
America. the labor union now operat-
ing In most of the mine fields of the
United Suites and Cnnadn. that they
cannot affiliate with the Red inter-
national labor organizations Of Mos
COW and ut the same time remain
members of the United Mine Workers.
The United Mine workers by this step,
II was declared, have put themselves
directly on record against radicals.