davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1923-11-19
Martial Law Lifted in japan

Martial law and press censorship.
which have been In effect in Japan
since the earthquake, have been re.
moved, the State Department was
advised today
Evening star., 1923-09-08
WOOD SEES BRIGHT
BUSINESS OUTLOOK
American Woolen President Sure
Japan Will Recover Rapidly
From Calamity.
sneciaI nisnatch 10 The star.

Special Dispatch to The Star.
NEW YORK. September s.-The
Wall Street Journal says:
1T am very optimistic regarding
business conditions in this country
said President Wood of the American
woolen Company. ANY man in Amerf'
ca who is not optimistic should have
his liver examined. because there Is
something the matter with it."
Business in our own and in all
other lines so far as I can see Ia
making steady advance.
while the Japanese calamity Is very
great in its magnitude and is greatly
to be deplored 1t will not retard
prosperity and progress Of America
and the world. Thirty thousand people
killed and number injured are too small
when compared with the worlds total
population to make any considerable
difference. Japan Is one of the weaithiest
nations on earth and they will soor
be on their feet again. She made
great deal of money out OF the
war and has made a great deal since
war and she Is amply able to take
care Of herself wall ways"
Evening star., 1923-09-08
Salel.
Oily Maid Of Astolat." "

From the Kansas City Times.
Elaine, "the lily maid Of Astolat," |"
loved Sir Lancelot. but was not loved
in return. Sir Lancelot was sworn to
celibacy. and In addition his interest
Elaine, realizing the hopelessness Of
her passion. died OF a broken heart
In accordance Of her last request. her
body, clad In white. and resting on the
bed on which she died. was placed on
a barge and guided by an old dumb
servitor to King Arthur's palace. In
her right hand was placed . lily, and
in her left hand letter declaring her
love. When the dead stored by the
dumb reached the palace wharf. the
King requested that the body be
brought ashore. The letter was then
read. and the departed buried in man.
ner betting queen. On the tomb
was inscribed the sad narrative of
Elaine's unrequited passion.
The story . Is derived from Sir
Thomas Malcry's history. of Prince
verse " Tennyson, forming one Of the
:Idylls of the King"
Evening star., 1923-09-08
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Once

new bond issues were admitted to
trading. namely government OF Ar
gentine per cent notes and Union
Pacific frst mortgage 81. Both Is
sues were offered at 99h and sold In
the market at a substantial premium
| Trading, however, was on small
scale in both instances. The new
Park and Tilford stock also made Its
appearance. opening two points
above the subscription price Of 81
| but later losing a good part OF the
advance.
The right to subscribe to the ad-
ditional capital stock of international
Combustion Engineering under ths
plans set forth in the notice issued to
! stockholders. were dealt In for the
first time today, sales taking place
at so cents.
Unusual activity in Chicago Nipple
A and b was a feature of the market
The demand for these two stocks
was brought about by the announce
ment that the stockholders had au-
thorised a change in the par value
of both stocks from $40 to $50. This
action reduced the total capitaliza-
tion from 100000 of $40 par value to
100000 shares at $50 par value. The
company's business during August "a
reported to have established q new
nigh monthly record.
Evening star., 1923-09-08
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

ATLANTA, September S.-Retail
automobile dealers here who have
received shipments Of new models
are doing a business nearly equal to
that in the early spring rush. Me-
dium-priced cars are In great de-
mand
DETROIT. September s.-A large
collar and shirt house here reported
today that retailers this week showed
the first signs of breaking away
from hand to mouth buying.
PORTLAND. Ore. September g.
Tho 1923 cranberry harvest has for
mally started. The Oregon. Washing
ton yield along the Columbia river Is
PITTSBURGH. September s.-Ths
labor situation. disturbed to some ex-
tent when iron and steel plants
abandoned the twelve-hour day. II
moving close to normal.
NEW ORLEANS. September g.
Wholesale grocerH today reported a
decided Improvement both in the
number of customers and the
about unchanged and the country
men.
CLEVELAND. September s-New-
ton D. Baker and =. w. Grtfaths. re-
Company, received three bids for the
property. of which the highest was
] $2ol 900 made by o. l.. Brown. repre-
Brown stated today a nov ii. 500. .o0o
company. would be organized.
Evening star., 1923-09-08
RAIL IMPROVEMENTS
TO COST $121,0 ,0O0,0 900

CHICAGO. September s.-The Ilii-
nois Central has announced that i'm
provements and extensions to facilf-
ties, authorized or already under con-
struction, amount now to more than
$121 900. 900 OF this total $4,000, 900
is for the Chicago terminal station
and $16,50o.oo0 for the Edgewood ex-
tension, permission for the construc-
tion of which was recently announced
by the Interstate Commerce Commits
sion.
Construction of the Markham yard
will cost $9,000,000. while an extern
sion in Kentucky will call for an
outlay of $3.00O.0oo. Trackage and
grading work will add another $3,-
ESQ, 900 to the expense list, while for
new yard facilities there will be
spent $2,500,000 and for terminal i'm
provements $1,750,000. The SPRING
field trackage will call for $1,500,00
and the remaining sum will be ex-
pended on work Of less magnitude.
Evening star., 1923-09-08

WEAKNESS In OILS
PUTS STOCKS LOWER
Gasoline Cuts During Week Affect
Rest of Market-Bond
Prices Firm.
By the Associated Press.

BY the Associated Press.
NEW YORK. September s.-Stock
and bond prices. with few exceptions.
held relatively firm this week despite
the Japanese earthquake disaster. (the
Greco-Italian crisis and the suspension
of mining in the anthracite fields.
Wall streets first reaction to the
Japanese news was a moderate recess
sion in stock prices. a sharp drop in
Japanese bonds, particularly City Of
Toxic Is. and new low record for
sterling exchange, based on speculative
expectation Of a big demand for bills
on London from Japan and heavy Brit
fsh insurance losses.
Stock prices pointed upward again the
next day on the assurance of interna-
tional bankers that Japan's credit was
unimpaired and reports that inquiries
from Japanese sources were already be-
ing made here for food, clothing and
reconstruction materials.
Near the end OF the week the market
developed considerable irreguIarity. Ad-
ditional cuts in gasoline prices in the
far west and reports of another weekly
increase In crude oil production resulted
in some short selling Of the oil shares,
but the recessions, as a rule, were not
large.
Evening star., 1923-09-08
DUN'S REVIEW REPORTS
BUSINESS EXPANDING

By the Associated Press
NEW YORK. September s.-Dun's
Review today says:
Evidences of expanding business
multiply with the advancing season.
Gains are not uniform and few signs
OF increase appear In some quarters,
but the main tendency Is in the right
direction. Preparations to meet the
fall requirements are becoming more
general and there has been q check
to the restriction OF outputs in some
industries. with more hrmness in
prices developing.
while the anthracite> coal strike
has caused some unsettlement and the
Japanese disaster has affected certain
domestic markets, the trend toward
enlarginG operations has continued,
and there is expectation of further
progress now that the vacation Pc
riod is practically ended. Curtail-
ment OF Industrial and mercantile ac-
tivities during the summer was less
noticeable than usual in different
lines, and current statistics Of car
loadings, which surpass all previous
records, show that distribution of
goods is. maintained in exceptionally
heavy volume"
Evening star., 1923-09-08
IMPROVED WHEAT
| EXPORTS AID RISE
Greco Italian Tension and
Lower Crop Outlook Also
!. Factors During Week.
By the Associated Press.

CHICAGO. September s-Tension
over the differences between Italy
and Greece, together with bullish es-
Inmates Of the spring crop. both in
the United States and Canada, have
done q good deal this week to hoist
the value OF wheat. Compared with
a week ago. wheat this morning was
Aa1h to * higher: corn. Y to
II up. oats showing u to Y gain
and provisions at 2 to 30 advance.
Improvement which developed in
wheat export business appeared to
be. connected with the strained re-
latiops Of italy and Greece. although
It was current gossip also that un-
favorable weather had impaired the
European crop outlook. Reports that
France had accepted in principle Ger
man suggestions Of an economic ac-
cord were likewise the subject of
considerable notice. Meanwhile. prf-
vate estimates of the spring wheat
crop IN this country placed the yield
at 2l2,sSs.00o bushels. as AGAINST
last years harvest Of 275.ss7.oo
bushels In Canada the latest esti
mate OF the 1923 production was 350,-
100000 bushels. whereas 100000. 900
bushels was recent prior forecast.
one source OF enlarged commission
house buying Of wheat was prospec-
tive demand for -four to be shipped
to Japan as relief supplies in the
earthquake zone. The marked effect
OF such buying of wheat. however.
was more or less nullified by talk
that Japan might have to cancel the
purchase Of much Pacific coast wheat
inasmuch. as the leading mills of
Japan had apparently been destroyed.
On the other hand. suspension of
business by a grain company here
involved In the financial troubles Of
the Governor of Indiana had only a
temporary bearish influence.
Wet. cool weather and unfavorabie
reports OF crops gave frmness to corn
ana oats, May corn touched a new
htgh-price record for the season.
Decreasing stocks Of lard and meats
lifted the provision market
Evening star., 1923-09-08
FINANCIAL NOTES.

August sales of the F. w. Woolworth
Company were $14.96i.173, an increase
of S2.005,871. Sales for the eight months
of 1923 were S110,6 .SS1. an increase oil
s14.935.975.
Dividend resumption at the regular
81 rate is looked for on 205,0 900 shares OF
cumulative class A stock of Montgomery
Ward e. Co. by November or December
The company's business Is now on a
profitable basis.
Strength of du Pont stock has given
rise to a report that the company will
in the near future distribute its hold
ings of General Motors stock to present
du Pont shareholders. The distribution
Wall street indicates, will be on the
basis of two shares of General Motors
ffor each share of du Pont.
The Wheeling Steel Corporation stock
holders have authorized a closed bond
issue of $75 5,000.000 against all proper
ties Of the company.
Evening star., 1923-09-08
FORD OFFICIALS SILENT
ON PRICE REDUCTIONS

DETROIT. September 8.-Ford deal.
ers and distributors in various Sec
tions Of the country have been get
ting rumors that the Ford Motor
Company will make reductions OF
from S25 to $50 a car in it's prices
about September Is. Factory officials
decline to confirm or deny the reports
A price reduction now would be In
line with the Ford policy OF stimulat-
ing sales and cutting into a new field
OF prospective auto buyers, since
operations are again at capacity lev
els following a slight let-up during
the time the new models were going
into production.
Evening star., 1923-09-08
BUTTER PRICES HOLD
FIRM DURING WEEK
Cooler Weather Results in I'm.
provement in Quality Gain
Over Last Year.
BY the Associated Press.

CHICAGO. September s.-The but
ter market remained unusually
steady at all points all week and
until late in the week prices were
unchanged. Production reports In
dicated that the market was holding
steady.
Production is not expected to show
any material increase from week to
week but a considerable gain COM
pared with last year is generally
looked for. There is much uncer-
tainty about the trend of prices dur
ing the immediate future.
Due to the cooler weather Of the
past week all markets reported an
Improvement in quality and a larger
percentage of fine butter was partly
responsible for the easier condition
of the market. The Improvement
was felt mostly in the undergrades
which were closely cleaned up.
Arrivals at New York during the
week included 1000 boxes Argentine.
500 casks Danish, $50 casks Holland
and 500 seventy-pound Perkins Irish
dairy.
Closing prices. s2-score butter. fol-
low:
Chicago, u cent higher at As: New
York, unchanged at As; Boston, un-
changed at As; Philadelphia. "a cent
increase at 46.
Evening star., 1923-09-08
RAILROADS GRANT
WAGE INCREASES
Seaboard, Southern, c. & 0.
and r., F. & P. Among Roads
Boosting Employees Pay.
By the Associa ted Press.


CHICAGO. September S.-The Sea-
board Air Line railway has notified
the United States Railroad Labor
Board that 2.7o0 shop employees had
been granted a 2-cent-an-hour in
crease. effective August /, 1923, and
amounting to 100000 annually.
The New York Central. the board
was notified, has granted 10000
clerical and station employees in
creases of from 1 to cents an hour,
effective last July /. an aggregate of
$1.341,6S2 year.
Effective July 1, the Richmond.
Fredericksburg and Potomac railroad
granted an increase Of cents an
hour to $50 shop craft mechanics and
their helpers and cents to appren-
tices. an aggregate of $4,000. The
Carolina, Clinchfield and Ohio. effec-
tive August !. granted cents an
hour to $50 shop employees, an ag-
gregate yearly raise Of s33,000.
The board was also advised that the
Southern railway system, effective
July I, had granted 5000 shop en-
ployes increases ranging from 1 to
cents an hour. a total per year Of
S46o.o00. while the Chesapeake and
Ohio granted its signal men q raise
OF 3 cents an hour, effective july /.
Evening star., 1923-09-08
STOCK PLAN APPROVED.

LOS ANGELES, September I'm
crease Of the authorized capital stock
Of the Southern California Edison
by a special meeting OF stockholders
Of. the company here. The former
capital stock was 100000. 900. The
stockholders also authorized an in
crease in the bonded Indebtedness to
reserved to retire present outstand-
ing bonds
Evening star., 1923-09-08
BY WILLIAM #. HEFFERNAN.

NEW YORK. September 8.-Con-
sidering developments Of the past
week in the general business situa-
tion. stocks on the curb market have
held up remarkably well. The Japan
ese disaster coming as 1t did at the
outset. served to bring about con-
siderable uncertainty as to how much
effect 1t would have upon conditions
here. This was reflected In a moder-
ate decline in the first half of the
week in the industrials. but the early
losses. in many instances were more
than retraced as today's short session
drew to a close
Acceptance by both operators and
miners Of the terms set forth by Gov
Pfnchot. removed another depressing &
factor. Glen Alden which had closed
last week just above So, was selling
four points higher today. Reading
Coal rights were more active at ad-
vancing prices and the 5 per cent
bonds at 80 were slightly below their
prices for the week
During the course of the week two
NEW YORK, September S-Follow-
Ing is an official list of bonds and
stocks traded in on the New York
Curb Market today:
Evening star., 1923-09-08
VOTES $50 ADVANCE
A BALE ON COTTON
Growers Association Acts Follow
ing Recent Rapid Jump
in Quotations.
By the Associated Press.

RALEIGH. N. c.. September S.-A
fat advance of $50 per bale will be
made to members of the North Carolina
Cotton Growers Cooperative Associa-
ton as first payment on cotton handled
through the association, it was an
nounced here following the regular
meeting Of the directors of the associa-
ton.
This advance will take the place of
the $50 a bale previously decided upon,
and those members who already have
received $50 per bale for cotton turned
over to the association will be mailed
checks for the difference. 1t was stated.
This advance applies to bales of 400
of IL cents per pound on bales of lesser
weight.
Evening star., 1923-09-08
RAW SILK MARKET
IS MORE CHEERFUL
Less Serious Losses in Japan Help
Outlook Here-Cotton Goods
Firm Today.
Special Dispatch to The star.

Special Dispatch to The Star.
NEW YORK, September s.-The
raw silk market assumed a more
cheerful tone upon advices from
Japan that losses there were not as
heavy as had been feared. and that
shipments probably would be resumed
within six weeks. Dealers continued
to withhold quotations. but 1t was ex-
pected these would be resumed next
Tuesday. Italian silks ranged around
$Il and S1150 and China's $40 and
$10.50.
The cotton goods market was very
firm, 81 by so prints advancing from
~ to 10 cents and s. by 70 from
11h to 11ts.
Evening star., 1923-09-08
LIVERPOOL COTTON.

LIVERPOOL. September S.-Cotton
Spot quiet, prices flrmer; good mid
ding. 1898: fully middling. 1889;
good ordinary. 15.44; ordinary. 1914.
Sales. 5000 bales, including $500
American. Receipts. 10000 bales, in
cluding 1900 American. Futures
closed steady; September. 1854: Octo-
ber, 1919: December. 1885: January
1870; March. 1856: May. 14.ss; July
Evening star., 1923-09-08
WILL BUILD HUGE DAM.

PHILADELPHIA. September 8 (Spe-
ciaD.-The Pennsylvania water and
power resources board has granted
application for the Incorporation OF
five water power companies. which
propose to erect a huge dam across
the Susquehanna river just below the
state line in Maryland. The dam,
eighty-five feet high. will be located
at Conowingo, Md.
Evening star., 1923-09-08
$20,0O0,O0O BOND
ISSUE REQUESTED
Southern Pacific Asks I. C. C. Au.
thority--Report on Freight
Rates.

The formal application by the
Union Pacific Railroad Company for
authority to issue $4,000 600 in first
lien refunding mortgage bonds has
been filed with the Interstate Com
merce Commission.
today.
The proposed issue has been much
discussed in financial circles recently,
but this Is the first move by the
company to put 1t actually into effect.
The issue will bear per cent in
terest ana will mature in zoos. The
application for authority to issue the
bonds says they will be sold to Kuhn,
Loeb & Co. New York bankers, at
81 per cent of par.
Proceeds of the issue will be used
to reimburse the company's treasury
for expenditures already made. In.
cluded in the expenditures for which
money was withdrawn from the
treasury are additions and better
Freight Rates Called Too High.
Freight rates on fiber brooms in
carloads from Burlington. VT,
to Boston. Hartford, Conn. Hoboken,
Toledo, New Orleans. Kansas City
and Oakland. Calf, were found un-
reasonable in a tentative report today
The examiners finding has not YET
received the approval OF the commits.
sion.
Would Abandon Railroad.
Authority to abandon its line from
Stanley to Policy. Wise, a distance
OF fifteen miles. was asked of the
commission today, by the Stanley
Merrill and Phillips Railway Com
pany, a Wisconsin lumber road. The
line has failed to pay operating ex-
pensea.
Evening star., 1923-09-08
FIRE CLAIMS, SO, 900, 600.
u. S. Railroad Administration Has
Paid Out Huge Sums.

Special Dispatch to The Star.
MINNEAPOLIS, September S.-The
United States Railroad Administra-
tion has paid out more than $4,000. 900
on forest fire claims in northern Min
nesota along the lines of the Great
Northern and Duluth. Missabe and
Northern railroads. attorneys repre-
senting the government said today
About $4,000,000 in claims has been
paid along the 500 line.
Evening star., 1923-09-08
BY STUART p. WEST.

Special Dispatch to The Star.
NEW YORK, September s-Every
other consideration has been over
shadowed in the financial markets Of
the last week by the tremendous dis
aster to Japan. Perhaps 1t was for
tunate that the Labor day holiday in
tervening between receipt Of the
news and resumption of trading gave
space for assimiIating the news and
judging its effect on American busi-
ness, but at least the markets most
affected withstood the shock in a re-
markabie way.
fact that many of the losses to Ameri-
can trade would be compensated by
the additional supplies which japan
VIII need not only for immediate re-
lief but for rehabilitation. Many peo-
pie questioned whether too much
stress was not being placed on these
temporary advantages in comparison
with the undoubted destruction OF
property and capital and the loss of q
certain portion of International trade
for long period.
The fact remains that the level of
prices on the stock exchange outside
OF some spectalties affected particu-
larly by Individual conditions remain
"a about the same as on September l
before the disaster occurred. The
trading OF the week made 1t appar-
ent, however, that one effect Of the
recent tremendous news events has
been to drive the general public out
or the market for securities.
Investors show Hesitation.
Individual investors were not
drightensd into tossing their holdings
oSerDosro. put on the other hand they
showed unmistakable inclination to
pause and consider cause and effect
before taking on new commitments.
with the market thus left in the
hands of the professional element,
up of specialties and resumption Of
pool operations. resulting in 'he
trregnlarity which such operations
entail. This was exemplifed by the
speed with which short interests in
some Of the industries ran to cover on
the first hint Of favorable trade de-
velopment.
European News Minor Factor.
The dominant effect of American
trade news was fully exemplified.
Practically no attention was given to
tween Greece and italy and the action
Of the council of the league of ua-
tions in the controversy. Even less
consideration was given to the stu
alton in the Ruhr The foreign ex-
changes failed to reflect these fac
tors by an exceptional huctuation
with the exception uf the German
mark
The mark, however, can hardly be
considered standard of currency
in dealing with foreign nations. Its
violent fluctuations this week have
shown that IL is impossible to use IL
as measure for computing business
transactions The terrific expansion
of the paper currency issued con-
tinues and makes all estimates re-
garding the German budget value
, less. Taxes may be hxed. but before
they can possibly become operative
the standard has changed so that
they are inadequate.
Trnde Improvement Discounted.
1t Is safe to say that 80 per cen,
OF the factors influencing the
American markets at present are
domestic trade considerations. While
they have been forced into the back
ground somewhat by the late news
developments. they are none the less
Evening star., 1923-09-08
NEW YORK DAIRY PRICES.

NEW YORK. September s.-Butter
firm. Receipts, 74s4 tubs. Eggs
firm. Receipts 16,072 cases. Pacific
coast whites. extras, 51a52. Cheese
firm. Receipts, 45,026 pounds.
Evening star., 1923-09-08
BOSTON STOCK MARKET.

BOSTON, September 8.-Following
Is list of today's highest, lowest and
closing prices for the most active stocks
dealt in here:
Evening star., 1923-09-08
CHICAGO STOCK MARKET.

CHICAGO. September 8.-Following
is a report Of today's sales. high. low
and closing quotations. at the Chicago
Stock Exchange:
Evening star., 1923-09-08

Sweating sickness claimed many
victims among Engifshmen In the
fifteenth sixteenth and early eigh-
teenth centuries.
Evening star., 1923-09-08
The Inevitable Choice

IF you are looking for the safest form of in
vestment in which to place your funds,
you do not have to choose, because First
Mortgages have those characteristics which
place them in a class by themselves
But all first mortgages are not equally safe.
Your choice must be in selecting the house
through which to purchase them. And when
you make your choice, our record of fifty
four years without loss to an investor should
be significant, and without the need for fur
ther comment.
Evening star., 1923-09-08
FOREIGN BONDS.

! Argentina Is '23... 100 100 100
10 Govt of Argentine IS 9sS ssx sss