davidaulloa/AmericanStories huggingface dataset:
Evening star., 1923-09-05
RAISING OF WHEAT
COSTSS1.23PERB BU.
Department of Agriculture
Shows Present Selling Price
Is Distressingly Low.

Reports compiled by the Depart
ers in all parts of the country show
an average production cost in 1922
for wheat of s1.23 a bushel; for corn,
Sc cents, and for oats. So cents.
Against these figures, the average
sale price realized on the crop was
Sill a bushel for wheat. 73 cents for
corn and IS cents for oats. Wheat
mark.
The cost figures the department
said in announcing the compilation
today, Include charges for the labor
of the operator and his family and
for use of the land. Where the price
received for the product was less
than cost. either the farmer did not
receive going wages for his time or
he did not receive for the use of his
land an amount equal to the cash
rental value reported"
The department added that il felt
the figures closely approximate the
average production costs incurred by
farmers throughout the country dur
ing the period covered"
The S1.23 cost of producing bushel
of wheat was divided, 46 per cent for
preparation of seed bed. planting, har-
vesting, thrashing and marketing, 25
per cent for land rent, IL per cent for
fertilizer and manure, per cent for
seed and per cent for miscellaneous
costs
or the &c cents cost on corn. SO per
cent was figured for man and horse,
labor in preparing seed bed, planting,
cultivating, harvesting and marketing.
16 per cent for fertilizer and manure, 2
per cent for seed, 90 per cent for land
rent, and 4 per cent for miscellaneous
items, including depreciation on machin-
cry and storage buildings, crop insur-
ance, etc.
Fifty per cent OF the AZ cents cost
for oats was figured for the labor of
producing and for marketing, per cent
for fertilizer and manure, per cent for
seed, 81 per cent for land rent. and s
per cent for miscellaneous costs.
Evening star., 1923-09-05
$1,062,OOO BOND
ISSUE ALLOWED

The Interstate Commerce Commits
sion today announced Its approval
for the issue by the Tennessee, Ala
bama and Georgia Railroad Company
of 100000 in common stock and ST.
062.000 fifty-year per cent first
mortgage gold bonds. The company
proposes to sell the bends at 50 per
cent OF par.
The stock, which is to" be sold at
par, is expected to provide funds for
extension of the company's line from
Gadsden to OdenvilIe. Ala. The pro-
posed extension is about forty miles.
Authority to issue new stock and
bonds totaIing approximately $1,000
900 was asked of the commission to-
day by the Erie and Pittsburgh rail-
road and the United New Jersey Rail-
road and Canal Company, both SUBJ
salaries of the Pennsylvania system.
The Erie and Pittsburgh asked for
permission to issue s1,290,350 in spe-
cial stock to be delivered to the
Pennsylvania company for additions
and settlements made by the. parent
line for the subsidiary between 1918
and 1922 ,:., :.
The New Jersey line sought author
fty for the issue of $1,S24, 900 general
mortgage Az per cent bonds. matur-
ing In 1918. z-'
Evening star., 1923-09-05
Market Flashes
at Today's Close

Crude oil production in the southern
California fields during the week end
ing September l showed q slight in
crease. Long Beach, Huntington and md
Santa Fe Springs averaged $4,000
barrels daily. against 67S,O00 in the
previous week.
Westinghouse Electric and Manu-
featuring declared the regular quar-
terly dividends of 81 on the preferred
and common stocks.
American Cigar declared regular
quarterly IL per cent dividend.
United States Tobacco declared the
regular dividends of rs cents on the
common and 1Atper cent on the
preferred.
Kelsey Wheel declared regular
quarterly dividend of s1.50 on the
etoenSaiders eommUh Of record September 20.
Home Stake Mining declared the
regular SO cent dividend.
G. w. Holme declared the regular
quarterly dividends. of 3 per cent on
the common and p per cent on the
preferred.
simmons Company declared the
regular quarterly '25 cents dividend
on the common.
Mack Trucks declared T., the regular
first and second preferred.
New York bank clearings. $685.
600. 900. New York bank balances,
se1, 100000. New York Federal Re-
,,erve Bank credits; S49,0O0,0O0. Bos-
ton bank clearings, $56,000,00O.
Hump Motors car sales in August,
3.155, against about 1000 In July.
Small sales in July due to change in
model and consequent reduced output.
The German mark today underwent
fresh slump on the London ex-
change market, touching 100. 1000, 900
to the pound sterling. :,
Willya-OXerland cuts prices from
Evening star., 1923-09-05
NEW Low RECORD
|NAUSTR|AN BONDS
Anxiety Over Trouble Between
Italy and Greece-Tokio
5s Stronger.
BY GEORGE r. HUGHES.

Special Dispatch to The Star.
NEW YORK, September 5.-Trad-
ing In the bond market today broad
ened out but was still comparatively
inactive. Interest continued to center
on the foreign list The Japanese
bonds. particularly the city of TOXIC
Ss. which had such a sharp break
Tuesday. held fairly we'll around the
previous closing. as did the three
obligations of the imperial govern
ment and the Oriental development
debenture 6s. The Japanese As ster-
ling issue of 1881 maturity were
weaker than either of the az per
cents of 1925.
Austrian Bonds Break.
More striking today was the course
or the Austrian rs, which under fair
~ heaVy transactions made a new
low record since issued. breaking
below 81. This was direct reflection
or anxiety over the trouble between
italy and Greece The fact that the
bond iR guaranteed to the extent Of
2els per cent by Italy makes 1t
pecuIlariy ss sensitive. Originally
ofered in June last at 80, the quota
tioh ran up almost at once to 93%,
from which point the decline has been
gradual to today's low The only
other thing of note among the foreign
bonds was the firmness in the French
issues. practically all being fraction
ally higher.
The feeling seemed to be that the
outlook for settlement of the
reparatlons difficulties was little
brighter.
Rail Issues Active.
Among the speculative rails most
attention was paid to the Chicago and
Alton bonds. There are two issues
OF the Chicago and Alton listed, the
refunding SIS Of ls4s. secured by di-
rect hrst mortgage on most of the
roads mileage. and the 3hs OF 1850.
secured on the same mileage but
subject to the prior Iien of the first
named. TOday's activity carried the
3 31s s up nearly two points. The Chi
caSo and Alton has shown astonish-
ing Improvement in earnings since
the first of the year.
There was some selling of Chicago
Great Western As for the purpose of
buying the new bonds carrying cou
rons payable September l. 1924. and
thereafter. International Great North
crn adjustments sold below SO, al
though earnings on the July showing
are the best Of the year.
L.. =. Obligations Heavy.
United States government loans
were heavy with the tax-eXempt 3 12 S
selling below par again, and within
a point of the low of the year. There
was very little change among the
high grade rails and industrials, but
with money holding firm higher
prices for this grade of security were
regarded improbable.
Evening star., 1923-09-05
RAW SILK GOING up.
Quotations Suspended, But Some
Sales Are Made.

Special Dispatch to The Star
NEW YORK, September 5.-Dis-
patches from Japan today recounting
the destruction of large quantities of
raw silk added to the decentralization
into which the local markets were
plunged Tuesday. Quotations again
were suspended. but dealers who had
supplies of raw silk were reported as
disposing of them at advances of so
to 40 per cent over prices prevailing
last week.
Cotton goods continued firm. but
with only a moderate demand. Quo
tations on Ga by 60 prints We're ASIA
354, and OF S. BY - prints, lI%.
Evening star., 1923-09-05
WOOL PRICES HIGHER.
Special Dispatch to The Star.

Special Dispatch to The Star.
BOSTON, September 5.-Advances
of S per cent, at the London wool
sales, which opened Tuesday gave a
stronger sentiment to todays mar
kets here. Dealers, who had feared
the Japanese disaster might adversely
affect the market. were encouraged
to hope that prices at least would go
no lower, while others took the posi-
ton that the destruction of Japanese
mills would merely mean the transfer
of purchases they would have made
to other mills, which will seek to
supply Japanese customers. Receipts
of wool at Boston Tuesday, were 391
bags of domestic. -
Evening star., 1923-09-05
MARKET CLOSES STRONG.
BY the Associated Press.

BY the Associated Press.
. NEW YORK, September Stock
prices resumed their upward movement
today after an early period of irregu-
larity. Buying power was supplied
chiefly by shorts. who covered previous
commitments, and by spectators for
. the advance, who endeavored to dis
count the benefits that would accrue
to certain companies as a result of or
ders arising from the Japanese disas-
ter. Sales approximated 556.0e0 shares.
The closing was strong. The sharp
recovery in sterling exchange and a
jump of 81 bale in cotton prices ac-
tolerated the advance in stock in the
late dealings when the best prices of
the day were recorded.
Evening star., 1923-09-05
PULLMAN SURCHARGE - :.
= RATE CASE UP AGAIN

The Interstate Commerce Commits
sion's investigation into the propfiets
of the surcharge rates on Pullman and
parlor car accommodations went into
its final stage today with the renewal
here of hearings which were discon-
tinued at Portland, Me-, upon the
death of President Harding: Indica.
tions were that the presentation of
statistics and legal arguments rela-
tive to the 20 per cent surcharge
continue for several days.,
Evening star., 1923-09-05
LONDON WOOL SALES.

LONDON. September 5.-A superior
selection amounting to. 12.543 bales
was offered at the wool auction to.
day. There was a good demand at
opening rates "A few Withdrawals
took place due to the high prices
asked by holders.
Evening star., 1923-09-05
BY the Associated Press.

NEW YORK, September 5.-Foreign
exchange easy. Quotations in United
States dollars: Great Britain. demand,
4.52; cables. 4.52A, sixty-day bills on
banks. 449a4. France, demand,
.0557a: cables, .055S. Italy, deman nd,
.o424h2; cables, .o425. Belgium. de-
mand. .O457 1si cables, .o45S. Germany
demand, .0O006003 q cables. .0O0OO0O5 q .
Holland. demand. .3916; cables, $500.
Norway. demand. .161S; Sweden, de-
mand 1855; Denmark. demand, 1925;
Switzerland, demand, .17sS; Spain, de-
mand, 1899 Greece, demand, .017s; Po-
vakia, demand. .029Sk; Jugoslavia, de-
mand, .01071a; Austria. demand,
.OO0014B; Rumanja, demand, .0046k !;
Argentina. demand; .3275: Brazil, de-
mand. .0975; Montreal. demand,
81 1920.
Evening star., 1923-09-05
pos1,ox sroCk MARKET.

BOSTON, September 5. -. Following
is a list of today's highest, lowest and
closing prices for the most active
stocks dealt in here:
Evening star., 1923-09-05

$40 to 800, effective Immediately.
Touring car and, rodster are listed
$3.50 against $795, sedans at $795
against $3.50.
Oueried by the Wall Street Journal
about rumor that he might be in
terested as possible purchaser of
Durant Motors. Charles M. Schwab
said: 1T. is absolutely WITHOUT
foundation. There is no truth in it
4, ,iatSSCr,
Evening star., 1923-09-05
FOREIGN EXCHANGE.

September 5. 1923-11:l5 am.
lQuota tions furnished by w. B. Hibbs & Co. J
Evening star., 1923-09-05

TOTAL SALES (Par Value);
IL am. l 8b7 600 IL noon. 34i2 600
pm. 416S 600 Ppm. 1 9S9 600
Evening star., 1923-09-05

CHICAGO, September 5.-Reports
that Greece had bought 10000 tons of
durum and hard winter wheat for
September shipments from the United
States was a factor today in causing
wheat to average a little higher in
price during the early dealings.
Firmness of Liverpool quotations in
the face of yesterdays decline here
counted also as bullish influence.
On the other hand, suspension Of busi-
ness by grain company here as a
result of financial difficulties acted as
q check on buyers. The opening.
which varied from x to "a higher,
with September 1e1a to 102B' and
December 106 to 1865. was followed
by moderate setback and then
something of a rally.
Closing out Of trades by an en-
barrassed; grain company had de-
pressing influence on corn and oats,
After opening unchanged to II lower
December 67A to 67%, the corn mar
ket continued to sag.
Oats started at decline to ad,
later showed additional losses, and
then recovered somewhat.
Lower quotations on hogs weakened
the proyiSion market
Evening star., 1923-09-05
DAIRY MARKETS.

BALTIMORE, September fspe-
ciaD.--I,ive pouitry-Spring chickens.
25as2; Leehorns. 23a26; old hens, 20
a2S; Leghorns. 2oa22: old roosters. Is
Ducks. 17a2S. Pigeons. pair, .e0a25.
Guinea fowl. 4oa66..
Eggs Qoss off)-Native and nearby
frsts. doz. 32aS3; southern. 81
Butter-Creamery. good to fancy.
42a46: u prints, 46a4S: nearby. 35a 30 :
ladies. 54a35: rolls 31a33: store packed,
81; dairy prints. Sla33; process butter.
3SaS9-
Evening star., 1923-09-05
TREASURY CERTIFICATES,
Quotations furnished by Redmond 4 Co..

Noon -
Maturity Rid 0ffer
Perth Amboy evening news., 1923-07-20
DOOR LOCKED?

Did you ever lock the house door, climb into your auto
for a motor trip, then get out and go back to make sure ue
door was locked? Did you have to try the knob not once
but several times before convinced that the door WOULDN'T
swing open at the first touch of a thief who might happen
alongY -.
Did you ever get out of bed and make sure" the lights
were turned off in a certain room, or in the cellar, even
though YOU recalled very distinctly having turned them out2
Did you ever go over the house carefully before retiring or
leaving The premises, to make sure that nothing had been Ior-
gotten in the way Of smouldering cigarets that might start a
fre9 Did YOU ever 0 what's the user All OF us i
subject to these occasional losses of confidence IN our memory
and judgment.
Gases such as these are apt to make us wonder occasions
ally if we are "all there mentally. An insanity special
ist. Intercepted might not be very comforting In his answers.
Old DR.. johnson, out for a stroll and passing a pcket
fence, always had to hit every picket with his cane as ne
passed. Sometimes he believed that he had missed a certain
Tending piece Of lumber an especially hard and comforting
rap.
Think Of DIR. johnson, next time you have the impulse 10
step on every crack of a sidewalk-or avoid stepping on them.
These queer brain short circuits or throw-baeks are not
SO much matters of sanity as of nerves. They belong IN the
same class as nervous drumming with hngertlps, tapping
of shoes to keep time to music, counting stairs as we climb,
making >freakish moron pencil designs In absent-mlnded mo-
ments while talking over the phone or waiting for a number.
Such brain lapses, unless curbed, can become annoying
habits. Fundamentally they are nervous disturbances.
And they demonstrate that good memory, confidence in
ones Judgment and acts, and the alertness that is the opposite
of absent-mindedness-all these are in varying degree a con-
dition of nerves, rather than OF education or determination or
the hanging of ''pep' notices over the desk.
Safeguard your nerves, for only when they are function
inc tremendously does your brain do its best work. You've
observed how difficult it is to concentrate and reason when
nervously restless.
Perth Amboy evening news., 1923-07-20
no TAKE THE PLACE OF THE TROLLEY

Over ON Staten Island they have the trackbesS trolley. vi
This side of the sound we will soon have the troleyleSs track Inc
Staten Island line is being run with considerable success, but there
p not the traffic problem TO be solved. A trackless trolley OPP
crates on the main highway the same as a bus, only It's motive
newer comes from a central power house by means of the overhead
wire and trolley pole. It is plain that such a system OF transporta-
ton would never do for the route between this city and Keyport.
Traffic is the one big problem here.
Motor buses with Hanged wheels to run on the track that the
Jersey Central Traction Company is to abandon, furnish the real
solution for transportation between this city and the Monmouth
county towns. as Mayor Wilson suggests. This would give the
buses their own right of way and they could operate regardless Of
the traffic congestion on the main highway.
Judging from the comment by officials in the towns affected,
buses are favored to take the place of the trolley. In fact, there
is nothing else to suggest. But this is only adding to an already
aggravated situation. Highway development along the main
travelled roads has not kept pace with the increase IN traffic
Buses and trucks even when huggng the edge of the pavement
take ND more than half of the roads. But they usually run down
the middle and are very slow about pulling over to let automobiles
coming up from behind get by. Cars line up and congestion and
confusion results. Add to this the nuisance of a bus stopping sud
denlyffieht in the path of the vehicles behind it and the condition
becomes dangerous.
With bus lines operating between this city and Keyport the
problem will soon be one for the State Highway Commission. One
sblution would be the widening of the highway and convenient
Aurnouts for the buses where they could pull. out of the way when
Etoppirg for passengers.
Perth Amboy evening news., 1923-07-20
FANTASTIC FINANCE

The anarchic state of German finance is increasing with such
rapidity that the general public is totally unable to follow the fan
tashc fuctuation of the mark, not from day to day, but from hour
to hour. In spite of the fact that the bread supply, now again
rationed, as in war time, by the issue of bread cards to the poorer
classes. is heavily subsidized by the government, the price has just
been doubled in "a hours, the f~ourpound loaf now costing 10000
marks.
AS a result wages have gone soaring. The striking metal
workers of Berlin demand $4,000 marks an hour, or 100000
marks for a working week of "A hours. But even at this rate the
wage in American money is only equivalent to 10 cents an hour.
As bread is 10 cents a loaf and meat and butter $4,000 marks a
pound, even such seemingly colossal wages do not go far in pro-
viding for a family. Expressed in American money, they repre-
sent less than So a week.
The vertiginous downward course of the mark naturally up
sets all budgetary combinations made by the minister of finance.
The taxation scheme introduced five months ago now only brings
in ~one.fftieth of the estimated revenue. The deficit of forty-nine-
hftieths is met by pouring out a constant stream of treasury bills.
These have been issued to the extent of 1861, 659, $1,000 paper
marks.
The strain upon the banks of the handling of this extraordi-
nary mass of inflated paper money is very great. The Deutsche
Bank has had to engage $4,000 employees to deal with it. To still
further complicate matters the government keeps pouring forth
an endless stream of laws, ordinances and regulations. More than
40 have been issued in the last week or two. An army Of employees
is required to do nothing else but study this mass of regulations
and attempt to apply them to current business.
Perth Amboy evening news., 1923-07-20
ALL WORK GENTEEL

The story told of a young man, a bank clerk on a salary of
$4,000 a year, who refused another position paying $500 more be-
cause he would in that case be a shipping clerk and the bank job is
more genteel' is representative Of more than one individual
While most young men, at least all who will ever amount to any
thing, would take the job that pays the most money, other things
equal, there is a class, possibly, which considers the gentlity
of the job compensates for the lack of pay. 1t is conceivable that
one might decline a position offering more money because the OPP
portunities contained were less than in the one held, but in that
snse the decision would not be based on gentlity.
All work in genteel that is legitimate and the job of a shipping
clerk is as honorable as that of a bank clerk. Both honor the man
Who does good work and neither can honor the man who thinks
one is more genteel than the other. The man who works with his
hands and gives an honest days work is not less genteel than an
ether who wears a white collar and whose employment does not
soil his hands. It's the map and not the job on which gentiLty
depends.
Perth Amboy evening news., 1923-07-20
THE REFEREE
(By Albert Apple)

Movies
Eighteen thousand movie theatres
In the United States with an at
tendance of so million ti~cket-buyers
a. week, according to a trade est-
mate. Which means the average
person goes to the movies about
once every two weeks.
Edison was right when he SAID:
whoever controls the motion pic
tura industry controls h most
powerful mediAm of influence over
the people,"
The chronic movie-goer is an emo
tional drunkard. John B~aleycorn
after all, had in his favor that he
was more of a physical and mental
stimulant than an eXcltant OF the
emotions.
Censors
New York censors eliminated cef-
tair parts of the movie, GOOD Rid
dance" The producers went to
law" and the court of appeals over
rides the censors. The film will 40
into circulation in New York state
about as it was before the censors
cut it.
In this particular film the censors'
objection was that some of the cpl
sodes portrayed cruelty to animals,
which might incite others to cruelty.
1t seems to be all right to portray
cruelty to children in the pictures,
which is a puzzling contradiction.
Prices
Retail prices in Germany as the
mark continues going to pieces, rise
a third in one week. Cost of living
there now is ove IL, 900 times high
err than it was when the war started
in 1914.
The mark apparently was pur-
posely inflated to throw sand in the
eyes of indemnity collectors. The
Germans dug a pit for their neigh
bors and fell in it themselves. The
boomerang usually returns to its
source, especially when hurled by an
expert, with power.
Autos
Four auto companies now have
produced more than a million cars
| apiece since they started business.
| and Chevrolet passed the million
mark early this cal. Dodge soon
| will be the fifth to reach the mark
Ford hit the million goal several
| years ago. He's getting along to
| 5000 900 cars produced.
These figures don't mean much
unless you recall the old days when
the "horse1ess carriage" struck most
people as a fad or at best an inno'
walton limited in its power of
growth. It's dangerous to condemn
anything new-or predict its future.
Statistics
Something new under the sun--a
business doctor who condemns his
own brand of medicine. Slason
Thompson, railroad statistician, says
superf1uous statistics are adding 100
million dollars a year to our nations
transportation bill.
Possibly an exaggeration, but in
principle he is right. And it's true
OF all industries, semi-demented
concerning statistics which few read
and fewer understand.
Since 1895 railroad clerks have in
creased AL per cent, while passen-
gers increased only 147 per cent and
freight tonnage only 231 per cent.
System is futile except when it elm
mates work and cuts out of pro-
duction.
Books
The Bible, still the best seller, has
been translated into ITO languages
and dialects. Next book in line Is
Pilgrims Progress" translated into
107 languages and dialects.
Any will admit there must be
profound reason why these two
works lead in allurement. Have you
read both of them thoroughly? No
education Is complete without this
thorough reading.