davidaulloa/AmericanStories huggingface dataset:
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
FINANCIAL REVIEW.

In all the markets today there was
quite expression of assurance regarding
the latest developments in European af-
fairs. Sterling exchange rose again
sharply. Cotton went higher and the
stock market was decidedly strong for
most of the industrials. To be sure op-
erations on the stock exchange were sug-
gestive of a maximum pool speculation
and a minimum Of interest on the part
of the investing public. Nevertheless
the essential fact was that stocks were
not for sale in any quantity around
prevailing prices and it was quite the
perception Of this which emboldened the
Wall street clique. Both French francs
and French dollar bonds went some
what lower, but there was no renewal
of the heavy selling in progress early
in the week Occupation of the Essen
district without disturbances which had
been predicted, had a favorable in
fluence upon sentiment in banking cir
cles.
Sterling exchange at its high Of the
day was within scarcely more than n
cent in the pound of the December high
of $500. which likewise was the high
est of 1922 and the nearest to old time
parity that has been seen since the be-
ginning of the downward movement in
1910. following the withdrawal of the
" British Treasury Peg" There was
nothing new to be said that has not
often been said before, concerning this
advance. The latest trade figures
showed that exports from Great Britain
to the United States in 1922 were near
ly $500, 100000 a gain of nearly $780,
600, 1000, or "A per cent over 1921. This
balancing Of the British budget and be-
service upon the war debt are
the three fundamental accomplishments
paving the way for the return of sterl-
ing TO Dre-war mar
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
BOND MARKET ACTIVE
Buyers Readily Absorb New Offerings
Especially Bell Telephone Of Pa.

Copyright, 1898, by The San Antonio Light.
New York. Jan. 1.-THE most inter-
'esting development today in the inyeSts
ment markets was found. not in the
trading on the exchange but in the way
in which investors absorbed the new
offerings. particularly the Bell Tele-
phone of Pennsylvania 5s and the Is.
& q. equipment certificates.
The price at which the telephone is-
sue was marketed was another Illus
tration Of the favor in which utility
obligations are held. In October, 1870.
the Bell Telephone Is, TO refund while
the IS, are 10 be issued, were Offered
at % to yield 7.40 per cent Tciays
issue was sold on $40 per cent basis,
of course money market conditions
are vastly different from those prevail
ing in 1920, but the position OF the
utilities and especially the telephone
and electric light and power compaEies
is also vastly different. The r. & -.
equipments were disposed OF on 30
basis.
Today's trading in listed bonds
brought out points both OF weakness
and of strength. 4 strong feature vas
the North American Edison 6S en-
which the Weld at the market seems
high considering the great strength u
the parent company.
All the copper securities were =
favor agein. the Chile Copper 6s maS-
ing a ncv high. This. ~ course. Is in
anticipation Of the prospective deal
with Anaconda. American Smelling
and Retiring IS were sympathsticslly
strong.
As might have been exUected The
weakness in the market was found
principally among the foreign issues.
notably the French but IN view -
news from abroad. the fact that the
less was 50 small. was n0tsSe.
There was no very Great chang 10
the Liberties.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
STATE SENATE
IN DEBATE ON
HOODED MODS
Resolution to Commend Gov
ernor Parker Referred
to Committee.
A HEATED ARGUMENT
One Senator Favors "Let-
ting Louisiana Tend to
Own Business"
A HEATED ARGUMENT

Austin, Tex, Jan. 11.-There was
mild stir in the Senate Thursday, when
Senator Burkett of Eastland, introduced
resolution that ~we heartily COM
mend and endorse the efforts being
made by Governor J. NJ. Parker of
Louisiana, in behalf of the enforcement
of law. the vindication of the consti-
tutional rights of American citizens and
against the rule of hooded mobs and
masked political organizations.
Senator Wood of Granger moved 10
refer the resolution to the Senate
committee on state affairs. This vas
objected 10 by Senator Burkett, who
moved to table the motion.
Are you not in favor Of Law en-
forcement?" asked Senator Burkett, adj
dressing Senator Wood.
"Yes l am in favor OF law enforce
ment," replied Wood, shut / am also
in favor of letting Louisiana tend to
its owp affairs and Texas to hers
Burkett's motion to table the meas
ure was lost by a vote Of is to o and
the resolution was sent to the COM
mittee on state affairs.
Governor Neffs first Communication
TO the Legislature came Thursday, when
he indicated he would be pleased TO
communicate with the Legislature in
person in joint session at IL o'clock
Friday morning. The request will be
granted.
No Appropriation Bills.
No appropriation bills will be con-
sidered at the regular session of the
Legislature, it was announced Thurs
day by Senator r. VI. Dudley of FL
Paso, chairman of the Senate Finance
Committee.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
TO BE NO LET.UP.
Unless All Signs Fail Actively VIII
Continue.

tpsSicago. Jan. 11.-Unless all signs
Rail there will be no let-up in the ac-
|tivity which has characterized business
in nearly all lines for several weeks
Throughout the Middlewest. Retailers
are meeting ready response TO Janu-
airy sales, statesmen are getting into
action on the road earlier than usual
and report good orders ana mail order
houses are doing surprisingly well.
Dry goods distribution is well ahead
of last year with more customers in
the, market and collections better.
Steady demand is being maintained in
local wholesale markets for staple cot
ton goods. despite a rising price trend.
Jobbers are finding n ready call for
small lots of knitted goods. heavy gloves
and mems wooden hose, at close prices.
Steel production here shows a slight
gain TO above Sc per cent of capacity
for the leading interests.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
MOZART SCORES AGAIN


The concert by the Hinshaw Male
Quartet in Beethoven Hall on WCdnPS-
day nigh, was another very agreeable
entertainment for which San Antonio
has TO thank the Mozart Choral So
Cicty.
The opening numbers of :Ic program
wcrt two choral selections. Row Is
Swiftly" by Campanini. and 'Wynken.
Blynken and Nod by NeviJ, with sO'G
part sung by Mrs. J. NJ. Krakaucr.
Both songs were well suited to the
voices and abilities of the Mozart So
ciety-paTticularly, the last which is
an attractive arrangement OF the Flu
gene Field poem. David Ormesher corr
Quoted end Miss Eleanor MackeLsen
and Miss Fanny Milgram were the ac-
companistS.
The voices of the quartet showed an
interesting variety of tone quality. Their
information, rythm and phrasIng showed
training and experience. They were at
their best when they sang a Capello,
for the second tenor, who had the light
est voice in the group WIS also the
pianist. and while he showed himself n
reliable accompanies. the tone body
suffered a break when he was at the
piano. HonOrS go TO the bass section
of the Quartet. both Pierre Narrower.
whose mezzo-voce singing is particularly
good, and James Wolff showing excel
lent voices. The first tenor. Joseph
Wetzel allows his really fine robust
voice TO be badly marred by an eX-
tremely nasal tone produc ion, which
is unworthy of as good singer as he
really is. The quartet numbers that
were most effective were the delightful
"Huntsman's Song" of Won Webcr's
from Der Freishutz" and the group of
American songs. Nevin's Mighty LAX n
Rose; Smiths "Doan You Cry Ma
Honey" and "Inyictus," by HUM. lE
two Of the latter. the first bass. M.
Narrower sang a solo part 10 a hum-
ming accompaniment of the other voices
that was particularly pleasing.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Victoria Branch Loans $500. 900.

Victoria, Tex, Jan. 1.-THE annual
meeting of the Victoria branch of the
Federal Farm Loan Association was
held Tuesday afternoon. Officers for
the coming year were elected a, fol-
lows: A. F. Knowlan, president;
George W. Woods, vice president, and
James Mcdonald. secretary and treas
urer. The board of directors consists
Of A. +. Knowlan, c. T.. Thomas, J. w.
Adair. J. II. Walker and George W.
Woods. 4 dividend covering the past
two years was declared, which will be
paid sometime this month. The amount
of loans for this branch Of the associa-
ton exceeds 100000.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
NEW ORLEANS CONFIDENT
Cooler Weather Stimulates Buying In
Many Lines.

New Orleans, Jan. 11.-This city has
turned into the new year with a general
feeling of confidence prevailing in bust
ness circles which has been increased
by the volume of business in the last
week. Cooler weather has stimulated
buying of heavy clothing and dry goods
sales have been so Unexpectedly good
that it is difficult for merchants to re-
strain over-optimism.
Wholesalers see good trade ahead.
based on the fact that farmers have
received good prices for the products.
kjp~ssin crop of this state being esti-
mated at s126.000,000 for 1922 as
against S97O000o0 the previous year.
All records for white sales in some
Of the stores were smashed last week
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
TEXAS FARM LOAN
ASSOCIATIONS ELECT
OFFICERS FOR 1928
Valuable Aid Given Ranch.
ers by Various County
Branches.

San Marcos. Tex. Jan. 1.-THE San
Marcos National Farm Loan Associa.
ton held its annual election resulting
in the election of the following board OF
directors and officers. Directors: J. II.
Wilhelm. Lee Donaldson, S. A. Major. L.
4. Allen. a. \. Elsner. Officers: :. ].
r. Wilhelm, president: Lee Donaldson.
vice president; c. &. Wade, secretary
and treasurer.
This association has capital of S25.-
600, and has paid dividend of 6 per
cent.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
FRENCH FEEL REBUKED.
Calling Back American Troops Seen as
Protest.
Nv PAUL SCOTT M0wRER
Special Cable 10 The San Antonio Light
and tho Chicago Daily News.

Special Cable 10 The San Antonio Light
and tho Chicago Daily News.
Copyright. 1928.
Paris. Jan. 1i.-rhc decision ct the
American government to recall imme-
diately the last dctachments of Amcri-
can troops from the Rhine is interpreted
here as implying form of protest
against the French policy Of cndeavoring
TO collect reparations by force.
Materially this withdrawal will
strengthen the French position, for 1t
will extend and solidify the French
zone of occupation. but morally the
French people deeply regret the disap-
pearGncc of this last evidence OF war
time solidarity. the more so as virtual
ly every one here had been hoping that
the United States eventually would CO.
operate with its former associates in n
general settlement Of the whole Qucs'
ton of reparations and Allied debts.
including an international loan.
Meanwhile French military troops
are passing through both the American
and British zones.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Want County Demonstration.

Alice, Tex. Jan. fiat a meeting
of the Texas Farm Bureau Monda y Of
ficcrs for Jim Wells county for the en-
suing year were elected as follows; r..
4. Sain. president; A. +. Holmgreen'
vice president; c. f. Stacy secretary.
There was large att ndance at the
meeting. which included members from
all parts of the county. twas voted to
petition the county commissioners court
10 provide county demonstration, WHICH
office has been vacant for several
months,
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Observer Pc Remain.

Washington. ID. C.. Jan. 1t.-The
order bringing the troops home from
the Rhine will not be, followed by a
withdrawal of American participation
in the reparations commission unless
there is a change in the present policy
Of the American government as out
lined today in authoritative quarters.
1t is the belief Of officials here that
despite agitation in Congress regard
ing the activities OF Roland W. Boy
den. the American unofficial observer
with the commission, his retention at
his present post is Of much value in
protecting American interests and aid
ing toward final settlement of the
rcparations problem.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
To Build Street Railway.

st. Paul, Jan. 11.-Construction Of
The new 100000 Ford Motor as
sembling plant here win result in the
building of a new inter-city railway
line and a bridge over the Mississippi
which will cost S3,0O0.000. An inter
city street railway bridge is also plan
ned, it was announced today.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Commodity News Notes


Fort Worth, Tex, Jan. 11.-January
clearance sales are fewer than usual
this year and are starting very late.
This is due to the fact that stocks were
low before Christmas buying started and
the volume Ct trade then lett shelves
almost bare. Texas buyers oie gong
TO Eastern and Northern markets un-
usually early.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Nnn.Eerrnns Metals.

San Francisco, Cal, Jan. 11.-Metal
mining is experiencing the greatest ac-
tivity in % years in this state. De-
velopment work costing S2,OO0.O00 is
being done in the Salmon River district
and similar sums are being spent in
opening new ore bodies in the Beaver
Creek Humbug and Green Horn dis
tricts. Many mines will he rPOpened
and operated on a scale never attempt
ed before.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
TO SETTLE WAR DEBT
Thinks Agreement With British
Commission Is Assured.

Washington, ID. C.. Jan. 11.-Chair-
man Mellon of the American debt coin
mission was represented today as feel
ing certain that an agreement for the
refunding of the British dcrt Of more
than $4.G00,000,00O would Re reached
before the tentative sailing date Of the
British debt commission on January 30.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11

st. Paul, Mimi, Jan. 1I.-Operation
of squadron Of motor trucks to trans
port mail between st. Paul and Min
neapolis probably will he authorized
within the next two weeks. This will
permit delivery in one city three hours
after mailing in the other.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Apparel.

st. Louis, Mo-, Jan. 11.-Although
this is normally the inventory period de-
partmcnt stores are doing a fine busi-
ness in apparel, household articles and
coHyeniences for the home. Alanufac-
turers and wholesalers are busy with
stock replacement orders.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
lie Hal CnnItnI at Hnms.

Teacher-If your father gave you
dime and your mother gave you 10 cents.
how much would you have?
Tommy-Thirty cents.
Teacher Why. Tommy, you must do
better. How do you figure that out?
TomniyITen and ten are twenty-snd
have ten at home-that makes 80 cents.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Neottahles

Brownsville. Tev.. jan. 1f.-Shin-
ments of cabbages from Teyas 10 north
ern markets showed falling off re-
Gently. hut sales of srinarh have gained.
although the New York marlEt was
glutted last week
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Textiles.

Nashua, \. H., Jan. .1f.-AlI of the
1915 looms at the Nashua Manufacture
ing Mills are busy and half of the looms
at Jackson Mill are running at night.
A night shift will be started shortly in
the blanket mills. The companies mills
have enough orders TO keep it busy well
into the spring.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Nuts.

Atlanta. Ga. Jan. 1.-THE Georgia
peanut and pecan growers will he or
Fanizeh into cooperative marketing
association in February. II" first
Meeting being held in Albany, February
n
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11

Pittsburg, Pa. Jan. 1.-The whole
sale lumber market is active, railroads
and mines and industrial users being
liberal buyers. The retail trade also
Is holding up.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Shoes.

Atlanta. Ga. Jan. tt.-Summer low
cut shoes are being freely bought by re-
tailers in this section in preparation
for a heavy demand this spring.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Gas.

Minneapolis, Mimi, Jan. 11.-Min-
eappolis consumers are paying Sl.OS per
1000 feet for gas, four cent increase
over December 81 due TO higher coal
and coke prices.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Cigars.

Detroit, Mich. Jan. 11.-Tobacco
manufacturers announced today they
Looked for a record breaking production
of'cigars in this district in 1923. About
800 100000 cigars were produced here
last year as compared with 10000
600 in 1921.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Steel.

Youngstown. Ohio. Jan. 11.-Three
of the new sheet mills of the Newton
company at Newton Falls have been
placed in operation. The other five will
start rolling later in the company quar-
ter. The company's capacity with the
new units is around 10000 tons. chief
ly of highly finished sheets. With its
output sold for the first quarter IT is
out of the market.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11
Coal and Coke.

Uniontown, Pa. Jan. 11.-Coke pro-
duction came near the 100000 ton mark
last week. Shortage held back ship
ments. Demand for crushed coke con-
tinues from the Fast. With ADEQUATE
car SIMPLY this district would shatter
all shipment records. Furnace coke
sold ut ST.75. with little spot available
The best grades Of hi-nroduct ConnellS-
vile Is going at S%25 with large
amounts ready for delivery.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11

Wheeling. w. Va. Jan. fifth
Wheeling Steel Products comhany ha
advanced black and galvanized pipe s:
a ton.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11

San Francisco. Cal. Jan. 1t.-Devel-
cpment of coal deposits in this state
where fuel is sorelv needed for indus
trial PURPOSES is attracting considerable
capital in several section of the state.
San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-11

Pittsburg. Pa. Jan. 1.-THE major
interest is sold up for three months in
wire. Independents have booked three
larger orders since raising prices So a
ton.
The Washington times., 1923-01-27
Are Motorists Worse Than
the Worst Criminals?
Newspaper Advocacy Of a Law That Would Overturn
the Basic Principles of Criminal Law.

Washington newspaper few days ago favored that
would put all motorists who unfortunate enough to kill
niue pedestrians in criminal class all by themselves
and the basic principles of criminal law throughout
the world It remarkable editorial Murderers thieves
Cutthroats committing crime openly secretly, be
PROVEN GUILTY by duly constituted authorities Of law The
principle that it is better that nnetyn guilty
escape than person be punished Under
guilty do but often innocent
victed
The newspaper quoted Senator Fletcher Of Florida
favong bill he has introduced in the Senate changing the
rule Of evidence that when accident presumption
Of fact shall that the person operating the is guilty
Of negligence The operating the must establish by
preponderance Of evidence that he not negligent
Commenting this proposed legislation the Washington
newspaper said
Undoubtedly If this principle established by law
the moral effect would be decidedly wholesome. At
present. Senator Fletcher the burden of proof rests
the victim.
As long as the feeling prevails on the part drivers
that they entitled the right Of way against
pedestrians in all circumstances and conditions, and that
it to the people afoot to avoid collision accidents
will continue An enactment of law such that suggested
by Senator Fletcher will perhaps change this point of
and would give of guarantee of safety to
the people who walk who despite the great increase
In motor numbers, after all the majority"
There be dispute that many drivers have
idea that they entitled to right of in the streets
and that of them careless buheaded
The large majority of however do not feel that way
and try be than fair with pedestrians in the
Of Of the Streets when pedestrians clearly in the
wrong.
There should be severe punishment for the motor hog but
still there justification for taking from motorists the
legal protection They have the logic Of the newspapers
argument accepted the midnight murderer the sneak
thief the lowest criminal in the world would be protected by
existing rules Of evidence while the motorist in acct
dent would be placed in special criminal class with all the
burden Of establishing his innocence Of negligence thrown
upon him The theory that is innocent until his
concerned presumption that every motorst guilty
he establishes his innocence.
The Washington times., 1923-01-27
DIR. Copeland Shocks the
Bankers
Bankers
But Heterogeneous Army Is Poor One

Bankers Of New York State enjoying pleasant dinner
talking safety prosperity etc. when Dr. Copeland just
elected United States Senator injected these crumpd
leaves Of thought "YOu don't realize the of dis
content IN this country. That discomfort only needs
Leadership. !, myself could raise army"
BE said the people lack coal because railroads have loco
motives that break down and can't haul the coal Railroad
owners had admitted it.
One thing to comfort you before you worry about IAN
army Of discomfort It wouldn't be like such army in
Italy, France Russia all OF kind Here in that
army you would have all kinds of notions and all kinds of
conflicting interests The army might be too busy fight
ing itself to worry anybody else
What will interest bankers than Senator Copeland
foebodngs the statement Of Reginald NICK snn former
Chancellor Of the British Empire that the pound sterling is
bound RISE and the American dollar bound to go down.
Mr. McKenna informs American bankers heir govern
United States adopted defaonay methods in with
English financial authorities -
American business not allowed to know that this
country debating in concert with British financial
thoEities.
There pretty violent deflation here and it ruined
good many men suddenly. It helped few probably.