New-York tribune., 1920-02-29
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Special DisDafch 70 Tho XTt61rs
PALM BEACH, Fla. Feb. 28.-This
IL the Arst winter resort to claim sue
cessful experiments with the wireless
telephone. Last week. Oscar II. Bonter,
who operates a radio abord the Golden
Anchor in Lake Worth, conversed with
Robert F. Cowden, Of the De Forest
wireless station at Ossining, N. T..
While speaking with Ossining, Mr.
Bonter declared that his voice was be-
ing distinctly heard at Wakefield, Mass.
and Salem, Ohio, by radio amateurs
there. His apparatus is development
Of that generally used during the war
Winter visitors at Palm Beach have
witnessed the greatest trading in stocks
ever known here. 1t is scarcely over
estimating it to say that sales for sew
cral days this month would compare
favorably with days business on the
Cleveland, Pittsburgh or st. Louis ex-
changes. Wall Street, SO to speak, has
transferred itself to Palm Beach and
the worlds financial magnets are here.
Before the great drive engineered by
the bulls" two weeks ago, important
conferences progressed. On February
l3 the upward stock trend amounted to
several hundred million dollars. 1t was
unprecedented.
From IL o'clock until the closing hour
at o'clock, approximately 1,4Oo, 900
shares changed hands. Even common
stock listings rose points. In one
Of the Palm Beach hotels 10000 shares
we're purchased by FIVE large financial
interests in three hours. At another
hotel $1,000 shares changed hands.
Men who had been market manipulators
for years declared that nothing like it
had been experienced in u generation.
One man remarked: "It is the truing
point in the nations hi;:ory during
these critical periods Of reconstruc-
ton. Had things been allowed to con-
tinue downward a panic would have
become inevitable. You will not see
stocks lower for a long time"
So congested were the wires from
Palm Beach that buying orders were
sent to Miami over long-dstance tele-
phone. but there, too. the big interests
were SO we'll represented that ther
buying orders congested the wires
The Countess del Garcia, wife of the
former Belgian Ambassador to Russia.
who has spent several weeks at Palm
Beach, has left for the North. Her
husband bore such q strong resemb-
lance to Grand Duke Nicholas that the
Bolsheviki murdered him, not recog-
nizing their error until several months
later.
The Cocoanut Grove these days is
gay place, indeed. 1t is not uncommon
to see four hundred visitors enjoying
afternoo ntea there. Mrs. jerome
Bonaparto entertained several guests
at tea early in the week. In her party
were Lady Thompson, Mrs Craig Bid
die, Mrs. Rawson Wood, Mr.. and Mrs.
James H. Kidder, Mr. and Mrs. Clement
Aufin Ordt, Mrs. Eugene w. Pargny,
Mrs. James H. Macdonald, Mrs. Henry
Blossom. Claiming Wiley and Arthur
Bradley Campbell.
Count Robert du Clermont arrived In
by plane from Seabreeze. The trip Of
204 miles was made in two hours and
four minutes
Herbert Pulitzer, who arrived re-
Gently from New York, is entertaining
Mr.. and Mrs. Luke Thomas at his cot
tage on the Lake Trail
John Wanamaker who has cruised
each year in Florida waters, has char
tered the Pioneer and left for trip
to Miami, and will later return to St.
Augustine by way Of the Indian and
Halifax rivers, where he usually ends
his cruise.
OF more than usual interest was the
Venetian fete arranged at the Ever
glades Club. Across the sub-tropicaI
,a, terraces were strung paper lanterns,
while Venetian gondolas floated upon
Lake Worth nearby. These were
manned by Italian serenaders, who
sang boat songs. Among those enter
tanning at dinner at the Everglades
Club were Mr.. and Mrs. jerome Bona
parte, who invited Prince Alliati di
Montereale; Mr.. and Mrs. James Il.
Kidder, Mr.. and Mrs. Eugene Pargnv.
Mr.: and Mrs. Edward r. Thomas. NJ
and Mrs. Sherwood Aldrich, Maxwell
Norman, Robert Huntzinger, Mr. and
Mrs. Philip Gossler, Rodney Thayer.
Mr. Mr.. and Mrs. Paris Singer, Mr.. and
Mrs. Lorenzo E. Woodhouse, Mr.. and
mrs. Peter Cooper Bryce, David Hum
Phreys, Frank Connor, Mr.. and Mrs.
harold II: Weeks and Leonard Thomas,
Many theatrical and motion picture
stars are arriving at Palm Beach. Dan
lei Frohman, who directed the enter
talnment in the Cocoanut Grove for The
beneiit of the Actors Fund of America
mas been here several weeks. All JoI,
Son, son., of the Winter Garden, is at the
nently IN the actors concert. The
misses Norma and Constance Tai
madge also have been here.
Mr. and Mrs. J. F. Carlisle, Of I.lin
L. L. H., are spending month at the
nv,erglades rye Club. S. Montgomery Roose-