Hammond Times, Volume 14, Number 56, Hammond, Lake County, 23 August 1920 — Page 10
Vase Ten
THE TIMES EVOLUTION OF AGRICULTURE SHOWN IN WORLD OPEN MARKET d C. war inas
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V , . ,. , f TSPST vvORLu-r GkIain pivot v a
CHICAGO Sixty years ago this
month Israel Parsons Kumsey, the "Grand Old Man of the Grain World?" took a five dollar bill from his pocket and purchased a membership on the Chicago Board of Trade, Today he is the oldest rrember of the Board. His membership has increased in value from tn rwr t1 ft Al'lO
"The Board was organized bv a ;
handful of men in 1S-1S, the year Chicago received its first telepraphic message and the year a treat artery of trade was onned
up throiiph the Illinois and Miehi-i
pan canal, said Mr. Kumsey. "One paper printed this announcement: 'The merchants of the citv have formed a Board of Trade and have opened an office on Water
street to transact business on ! 'change. Hours 10 to 11 A. M.' The same day the Chicago Journal ; eaid: 'The market is a trifle more j
active, Dut produce comes forward very slowly: 75 to 78 cents for
spring:, 0 to S2 for winter may bej
riven as quotations for what little wheat there is arriviner. We hear
of a sale of 5,000 bushels of corn to inSuence cf the law of supply, and ; quantities of rye, barley and ether
"iu 'us aiiiuyis wver ui , uemana, saia lur. rtumsey. ine trrains. t on P"vat.c trm5-' smnual prcduction of erain in the "The huce economic value of the "The evolution of agricultural j United States which must be d;s- recent resumption of trading in America is a!so th- evolution of.tributed through the creat ex- wheat for future delivery is recoethe Chicago Board of Trade, which chanpes approximates a billion nized throughout the world. It has grown until it is today a great j bushels of wheat, three biihen means safety all along the line and open market where buyers and ' bushels of corn, and a billion and a ; a more stabilized Drice for farm-: ieLers are guided by the stabilizing .quarter busi els of oats, besides ers."
Noteable Reductions Continue to Prevail in our August Sales of Furniture and Home Furnishings "I've, a place in my home for that very chair," or "I never expected to find such wonderful furnishing values for my home," you will probably say, or something else on which your fancy , may alight. There are so many interesting values in these sales of Furniture and Home Furnishings which we believe you will find especially worthy of immediate note. There is a little more than a week for these sales to run and while the values may be just as good on the last day, there is also a chance of something here to please you tomorrow that may be gone the next day. Better make your visit early. -Wednesday Promises to be art Eventful Day Watch our ad in Tuesdays Paper
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BATTERY
WHAT TO 00 V
STORAGE
IS RUNNING LOW All Motorists Should be Able , To Diagnose Trouble ' - andk Remedy It. The a.nnoyar-e cf ha ln th stnrsfe T-'ittery of one's car run down, rutting i;jrh and starter out of commission and lamarinr th battery Itself, can I1 avoided If the mo!rist wi'i! jriv his ba'terj' th periodical at tent Inn it demands. If h doesn't. at.l-ast he ehould he. nh'f to dinsnose hip imubi" hen it occurs. Tet the .-i:nce of prevention is better, for otherwise the life of the batfry it matorisl'y phortoned. "If y tir litrhts are d.;m. you may be prcty sur your battery is running Iot-.t.." said Mr. L:iiit of the I.auer Fat'T Service Stntion y?'f rdny In annr t" a question. ' Probably the
if.Hscn is that you have n-t ben running the engine enough keep the battery chirked. Sera.l hT thin may barren. The generator may no be charging', or thcr may bo a wire short -circuited. If the ba'tcry hs run down because the car has b"en laid up or scarcely used. thn the remedy Is In run th engine and charge tho ba:t?ry that way. If running the etiirtn" ri"--s tn't charge the battery, 'h-!! ;h" sr ic siarion man should look for th" trouble." e "Whatever the defect, it should b found and reraired. Delay alwavs results in damafre tr the batlerv and onkfrquent expensiv repair tu'.ls Kvery motorist should ha . ei a hydrometer; just for emergency, for Vie should depend on his service station for his infections. Th specific tcravitv readings on this instrument nvo 'he approximate condition of hn batter . Hr in our on battery frvire station we are so interested that we gladly refill anybody s battery free of rharce and p:e him advice about it. r.o mairr what its make. Distilled watr 'houid be artdi to ;he Lattery evfiy f.vo eeks in ummer and once a month in winter, hi;' keep ynur eye on ihe wattr. If it eaporates no rapidly ii is ilmut certain that the fncrator "vrhareirit the ha'trry an-1 that th'- oliarcirc rate
h-.;!d be . ?e S'arion.
:he-kc-d h- the l.au'r Scrv- ,
THE GOODYEAR GIRLS. Women lonn ha-, e h.-n ridiculed for n-t lvU',, ini anv lh;nc nh"U' the great American pastime, and f. r asi!njc siliv , question ba-t-a'l jranies. but in Akron. O-, are jefral ouns wometi who not i-T.ii know the c:imo f j cm A to 1 but wh' can pla.v it expertly. Thyr tr.e (Jotuiyfur iirls. champions of the, Aitron Girls' baschali league. I I 'ndefea t ed. Hrri now una hie; to schedule g femes with other girls' teanis jf, he fil Ix-i au -e f.f their -uperor p!air.g. th" c.mjjeir t;r: ha " gotten all ih'vt r- r -i l,. the ri'en! of challetig-i ing one of Oiodvear's crack young men i-"an-s. Trt' ha!'.oppe has ben ecceptr.i ai.rj the ";.odyer ijirls and noMj"ar "f-pij: Midget.,-- ho have, been cxii-hei personally by Coach Ed Connor famous as cl i re-or of athletics a Carp Sliermrn during the war. will s';ige a l,ve;-. game shortly at Setherllng field, the f;oniivr aihietio sta-li'im and baseball park. And -he girls claim they're going to win hands down!
Try a "Timrs Want Ad'
iit M iriMrai .rf o ifiii iininnrl-i Hi ' t MilA MKnr, -
verttstng
A'dvertising is today the mightiest factor in the business world. It is an evolution of modern industrial competition. It is a business builder, with a potency that goes beyond human desire. It is a positive creative force in business. It builds stores, factories, skyscrapers and railroads. It makes two blades of grass grow in the business world where only re grew before. It multiplies human wants and intensifies human desires. Truman A. DeWeesc
.lii(--ClW iMa THiaUr ' -tl'IM in
FOR BIGGER BUSINESS TRY A TIMES AD.
its
o You Know What It Costs You Not to
Advertise in The Times?
YOU-
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v Planning for , the Future
THERE is but one way in which the railroads could have been made ready for the peak load of commerce this summer and fall. That was by placing large orders for equipment and making heavy investments for other facilities one, two and even three years ago. The increases in freight and passenger rates, authorized recently by the Interstate Commerce Commission, will be helpful jn making possible the improvements that will restore the railroads to maximum efficiency in the future. The increased revenue alone cannot provide for the additions and betterments that will be necessary if the roads are to catch up with the progress made by national commerce. This revenue should, however, assist in restoring the credit of the roads and thus open the way to financing their needs for the future. Although heavy investments have been made by the New York Central Lines in the past few months, the results cannot possibly become immediately effective. The situation of the railroads today is analogous to that in the shipyards at the beginning of the war. Before the number of ships could be increased, new shipyards necessarily had to be built. More than a year passed before the elaborate planning and enormous expenditures yielded results in the form of launchings. SIMILARLY, it requires months to build any considerable number of cars in any factory. It takes a long time to catch up fully with current, needs when the normal requirements of previous years have been disregarded. The chief difference between railroading and merchandising enterprises is that little done today can be made quickly effective. The relatively good condition of the New York Central Lines is due to the careful planning and heavy investments of the years before the war. The increased rates recently authorized should result in the establishment of a credit basis that will encourage investments in railroad securities and thus make possible the continued improvement of these properties.
THE NEW YORK CENTRAL : LINES BIG FOUR - LAKE ERIE & WESTERN - MICHIGAN CENTRAL BOSTON & ALBANY - TOLEDO & OHIO CENTRAL - PITTSBURGH & IAKI ERS NEW YORK CENTRAL - AND : SUBSIDIARY LINES
j Can I IT'S
loeat the j -w "if i I High Cost of Clothing Joining the x
Anti-
lUlllCGUlIK
ssociation
SUITE 6. ARTEMIS BLDG., 155 STATE ST., Hammond, Indiana Come in, and Talk it Over
5 V. .
.giK'gtgVBr.rtaf annul m m.h. i ' 1 l !
