davidaulloa/AmericanStories huggingface dataset:
Evening star., 1923-09-06
DAWSON CHEMICAL
GETS CLEAN BILL
Probe for Corner" Shows Trading
Was Scattered All Over
Country.
Rv the .ASsnriaind Press


NEW YORK. September 6.-Data fur
niShed by members of the New York
Stock Exchange to the exchanges
committee on business relations. in
NeStigatinc the recent sensational
transactions in common stock of the
Dawson Chemical Company today in
dicated that trading was scattered
all over the country.
There was no conspicuous selling or
buying from any one quarter, the in
veStigatUrS We're informed. Request
of the committee for list of all full
lot transactions in voting trust certif-
Gates for Dawson stock made by the
stock brokerage firms on August 30
On their own or on their customers
accounts developed that:
Orders in lots of 100 shares or muI-
tiples Thereof executed on that day
for 53S individuals. firms or corpora
tiOnS "manated from one to twenty
three persons in forty-eight cities i'm
the United States and Canada.
Number of buyers of full lots during
the day was Alb and selling was for
the account of 317 persons. Odd-lot
dealings amounted to about oZ.UuU
shares and the number of odd-lot
traders exceeded those whose trans
actions were in fun lots
Evening star., 1923-09-06
CRUDE OIL OUTPUT
STILL ON INCREASE
Daily Gain of 19,4O0 Barrels Is
Reported-No Price Changes
of Importance.
By the Associated Press

BY the Associated Press
NEW YORK, September 6. - The
daily average gross crude oil pro-
ductiOn of the United States in
creased 19,400 barrels, totaling 2,261.-
500 barrels for the week ending
September /, according to the week
ly summary of the American Petro-
leum Institute.
Daily average imports of petrole-
um at principal ports were 265.s57
barrels compared with 25T.7l4 for the
previous week. Daily average re-
ceipts of California oil at Atlantic
and gulf coast ports were 62.s57
barrels compared with 339,571 for
the previous week.
There were no changes reported in
crude oil prices for the major dis
tricts, midcontinent being quoted at
S1l0 to $2.20 a barrel, although some
purchasing companies have an
nounced reductions ranging from 10
cents to 60 cents, according to the
gravity; Pennsylvania crude, Brad
ford district. Pa, So a barrel. and
all other Pennsylvania grades s2.7o
and gulf coast 81.
Evening star., 1923-09-06
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office

That domestic output of crude oil
has not yet reached is peak. was
borne out by the latest production
figures Oil shares did little one
way or the other. Most of the trad
ing in the standard group centered
in the Indiana stock. which held firm
for Il time. but subsequently gave
the appearances of heavinesa Vacuum
Was bid up point in the afternoon.
Humphreys gained IL point when
ii touched as.
Mexican PanuCo featured the MeNi-
can shares getting up to the dollar
level Marland of Mexico. however,
failed to retract the loss of the pre-
vious day
The new issue OF Park and Tilford
was practically neglected. Cnivtr-
sal Fire preferred and common. Mid
vale Company and others OF TINS
clar- "arr in better demand.
Evening star., 1923-09-06
|COTT0NQUOTAT|ONS.
AGAIN GO HIGHER
Heavy Buying by Japanese
Houses Among Factors in
Today's Advance.
BY the Associated Press

BY the Associated Press
NEW YORK, September 6.--The cot
ton market opened firm at an advance
of, 16 to 35 points on a continuation
of the general buying movement
which had developed late yesterday.
The demand was evidently promoted
by the continued frmness of Liver
pool which reported an increasingly
bullish sentiment in the trade there.
owing to further bad crop reports and
better feeling in Manchester. There
were also reports that large Japanese
cotton houses had been buyers of
spot cotton at an advanced basis in
the southwest yesterday and trade in
terests were among the buyers here
again this morning. October sold up
to 25.S7, and December to 25.s3. or
35 to SO points net higher and into
new high ground for the season.
sharp Rise in New Orleans.
NEW ORLEANS, September 6.-Ad
vanceS of 81 to 81 points were made
by cotton today in the first hour of
the session, the market feeling heavy
buying from several directions, which
put October to 25.2O cents a pound.
much better Liverpool report than
due and that belief that Japan
would require large supplies or tex
tiles Were back OF the buying move
mPnt Futures opened steady. octo-
bcr. 25.1S; December. 2522; January,
25.13: March, 25.21; May, 25.l4.
Advance Over $40 Per Hale.
New York. September 6.--cotton
for October delivery around noon
sold at 2G.29 or IS points above yes
terday's closing quotation. This is
more than $40 bale above the price
ruling shortly before the publication
oi the government crop report last
week
NEW ORLEANS. September Ga
great deal of short crop talk was
heard and Liverpool cabled that II
was affecting sentiment in that mar
ket to marked extent Heavy
covering of the short interest be
came Il factor of Importance and new
buying for long account was Stimu-
lated by claims of an increasing de-
mand for spots in the interior, with
growers none too willing sellers. In
the trading up to IL o'clock the ad-
vance was widened to 6S and 76
points. October reaching up to 1850.
Cotton Prices mt Close.
NEW YORK. September 6.-Sp [
cotton. steady: middling. 27.35. Fu-
lures closed steady. October, 26.10a
26.15; December, 26.0Sa26.13: January,
35.7Sa25.S1; March. 25.s3a259S: May,
20. 95a25.9T.
Evening star., 1923-09-06
ny WILLIAM r. HEFFERNAN.
Received BY

NEW YORK. September 6.-The
volume of business on the curb mar
ket today fell off somewhat and the
movement of prices was again ir-
regular. overnight buying orders re-
suited in a buoyant opening, but
after the early demand had been sup
plled the general list quieted down
ana trading became professional
me running in of the short inter
est IN Glen Alden Coal was feature.
the stock advancing well over .
roints. DESPITE belief that early set
tiement of the coal stock appears du-
hiouS, no weakness was in evidence
IN the coal group Reading Coal
pondS held around recent quotations.
while the rights at POI. compared
Win the previous selling price of
193al94.
Evening star., 1923-09-06
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

BOSTON September 6.-The cur
tailment in the wool manufacturing
plants is believed to have proceeded
present The demand for cloths for
women's wear is keeping the mills
well engaged.
ST LOUIS. September 6.--The Wa
bash railroad reports that the yield
of Missouri wheat is about fifteen
bushels to the acre and the quality
good. Oats average thirty-fve bushels
to the acre and demands for home
consumption are keeping down ship
ments. The corn crop Is estimated at
1913. .0O0 900 bushels for the state, as
against 179,000,000 last year
HOUSTON. September 6.-Continu-
Gus rains are beginning to lower the
grade of open cotton in many sec
tions. Picking is now under way and
the movement is the largest in years
owing to the decision of growers to
.tt;rkrt at present prices. Receipts
here amount to more than $4,000
bales. or about double those Of last
year at this date.
ATLANTA. September 6.-Secretary
Hoover has assured peanut growers
Of Georgia that the government Will
take steps to prevent the entry of in
ferior and moldy peanuts from
China. Chinese nuts are competing
with the American product.
SAN FRANCISCO. September O.
Nineteen new wells were started in
the California oil fields this week,
compared with twenty-six last week.
The total new wells begun since
January l. is 946. as against 933 for
last year.
wENATCHEE. Wash. September
winter keeping commercial apples
will he shipped from the Pacific
northwest this fall to Great Britain
via the Panama Canal, according to
T. j. NJ Nash, Pacific coast manager
for the Royal Steam Packet Com
pany who added that the English
apple crop this year is only 40 per
cent of normal.
NEW ORLEANS. September 6
Prospective buyers of some makes
Of automobiles have been holding off
awaiting the arrival of new models,
but those dealers who have already
received their new cars are doing a
splendid business, especially in the
lower priced vehicles. The Ford
agency here expects this weeks
business to be double the volume of
that of last week.
KANSAS CITY. September 6.-Flour
production in southwestern mills in
July totaled 1.733.21o barrels. ac-
cording to survey completed to-
day. This is an increase of 129,S12
barrels over July, 1922.
CONNELLSVILLE. September 6
The tone of the coke market has
brought talk. of a $500 price for the
fourth quarter. Heating coke is
stronger at $3.50, and on light buy
ing is firm at S. for spot. september
coke is slightly lower at S4i5.
Evening star., 1923-09-06
MAY TAKE GASOLINE
WAR TO GOVERNOR
Texas Independents Would Have
Prices Fixed to Prevent
Threatened Extinction.

Special Dispatch 10 The star.
FORT WORTH, September 6.-In-
dependent gasoline jobbers in Fort
Worth and other points in this ter
ritory are considering seriously re-
guessing Gov. Neff and the Texas
legislature at its next session to
authorize commission to fix prices
of gasoline. This step. one promi-
nent jobber who is a leader among
the Independents declared today, was
being considered with reluctance, as
it involves many easily recognizable
drawbacks, but many jObbers see no
other way out. The jobbers recently
complained to the attorney general
of the state that two leading Stand
ard Oil subsidiaries, under cover of
an o&tensible gasoline war. were
putting the price of gasoline so low
as TO threaten to eliminate the in
dependent jobbers.
Evening star., 1923-09-06
SILVER PRODUCERS MAY
FORM NEW ORGANIZATION
Senator Pittman Urges Such Ac-
ton in Connection With
Export Trade.
BY the Associated Press

RENO. New, September 6.-Silver
producers and Representatives of the
big smelling interests Of the country
in SeSSIon~here in connection with the
hearings Of the Senate commission on
gold and silver inquiry adopted a res
Olution yesterday recommending or
ganizatfon of a permanent association
duStry and that a committee of three
be appointed to present plan for
said organization. The recommen-
dation was based on a resolution Of
fered by Senator Hittman of Nevada
proposing Il silver export association.
senator Pittman said it probably
would require several months to COM
plcte the organization.
w Mont Ferry of Salt Lake City
and Harry NJ Richs of Reno were
made permanent chairman and secre-
tary, respectively, of the conference.
Evening star., 1923-09-06
DISASTER PROVES
BENEFIT TO STOCKS
Wall Street Sees Heavy Buying in
Stricken Areas-0ther
Financial Briefs.
By the Associated Press.

BY the Associated Press.
NEW YORK, September 6.-Unlike e
most disasters. the Japanese earth
quake has had a beneficial effect on
the stock market, which reacted
moderately on the first news, but
then moved upward as SPECTATORS
for the advance endeavored to dis
count the benefits that would accrue
to American companies as Il result
of orders from the stricken area.
Steels were bid up sharply in ex-
pectation that large quantities will
be needed for reconstruction. while
textiles advanced on the theory that
large quantities of raw silk We're de-
stroyed and that prices here would
consequently be affected.
The August output of the Baldwin
Locomotive Works approXimated
s12.000,000, new high record.
John J. Watson, jr.. has been
elected president of the International
Agricultural Corporation, succeeding
Stephen b. Fleming, resigned.
Evening star., 1923-09-06
s55,OOO,OOO ARGENTINE
LOAN is COMPLETED
New York Bankers to Handle Sale.
Funds to Meet Other Notes
Due Soon.
By the Associated Press.

By the Associated Press
NEW YORK, September 6.-NeRo-
tiations for a s55,000.000 loan to the
Argentine government were com :
pleted yesterday with the signing or
contracts whereby a syndicate com
posed of Kuhn. Loeb & Co.. Blair d.
Co.. and the Chase Securities Corpor-
alton purchased from the Argentina
$55 10000 of it's six months per
cent treasury gold notes.
These notes are being issueu TO
provide funds to pay the $4,000, 900
: per cent notes of the Argentine
republic. which mature on October
L. 1928. and for other purposes. The
new six-month 6 per cent gold
treasury notes are to be offered for
public subscription at 99i2 and ac-
crued interest at which price they
will yield per cent on the invest
ment The new notes will be dated
September /. 1923. and will mature
on March l. 1924.
Evening star., 1923-09-06
GARAGE BUILDING
OUTNUMBERS HOMES
All Construction Records Smashed
During Present Year in
St. Paul.

Special Dispatch to The star
ST. PAUL, September 6.-All building
records for this city have been broken
by construction started so far this
year. The August permits. totaling
$7,750,000, brought the total to be ex-
pended for construction to date to
over S23,800.000. or $1.500.000 more
than the total for the entire year of
1922, which was the previous record
year. More garages than homes were
built here so far this year. New resi- :
dcnces totaled 1920 and new garages
1a32
Evening star., 1923-09-06
BUSINESS IN SLUMP.

SEATTLE. September (SpeciaD.-
Retail business in some lines is slow
ing up in this section the most note
worthy losers being in hardware, but
now that the vacation season is over.
merchants predict a large business
during the fall months. The big de-
partment stores figure that the fail
and winter trade will break records
as the year so far has shown ma
terial increase in net sales over 1922.
Evening star., 1923-09-06
Washington Stock Exchange.

SALES
Capital Traction Js-S1 900 at 81
Potomac Electric LIST 5s-Sl 900 at 96l2
WardmHn Park Hotel 6s-S1 .OGo ut 100.
81 600 at 1H.
Capital Traction Colo at 1Ol
Washing ton Rwy. < Elec. pfd.--2 AT Il, .
at II. at II. 10 at Il.
Riggs National Bank Rights at 81.
AFTER CALL.
Washington Rwy & EIec. ISL 900 at ~
Washington Gas 5s-Sl 900 at 93Ts $500 al
"a
Capital Traction Cos at 1Oi.
NuuCy-CaI loans. and q per cent
Evening star., 1923-09-06
RAILROAD TO BE FINISHED.

PROVIDENCE, r. L.. September g.
s-Completion of the Southern New
England Railway from Palmer. Mass,
TO tidewater in Rhode Island has been
agreed upon by officials of the Grand
Trunk railway and gangs of men are
at work on the project. which, it is
First construction was begun in 1912.
In Rhode Island the roadbed is As
.per cent completed. In Massachusetts
the project is S5 per cent completed,
laying of some rails and building of
stations and bridges remaining to be
done.
Evening star., 1923-09-06
WOOL MARKET FIRM.
Amount of Goods Destroyed in
japan Still Unknown.
ipecial Dispatch TO The Star.

Special Dispatch TO The Star
BOSTON. September 6-The Japa-
nese disaster has not yet eXerted any
influence in the wool trade. 1t is
admitted that some goods must have
been destroyed, but no index of the
amount is obtainable.
The per cent increase in prices at
the London auctions is not expected
to have much effect on the American
market. Half bloods and fine woods
are selling best just now, but no
Quotable change is reported. Receipts
at Boston Yesterday were S.S51 bags
of domestic and II bales of foreign
wool
Evening star., 1923-09-06
NEW OIL FIELD OPENED.
Union Oil Company Getting 1,1OO
Barrels Per Day.
Ry tho associated press.

BY the Associated Press.
Los ANGELES. Calif.. September s.
Tho Union OH Company of Califor-
mia has opened new field at Camp
ton about half way between Los
Angeles and Longbeach. where its
Calender we'll No. /. commonly called
the Compton Wildcat. is reported to
flow of LOO barrels of thirty-two
gravity oil n day. il WAS learned to-
day. It was stated that the Shell
Company of California and the Globe
Petroleum Corporation are some of
the larger companies. which also have
obtained large leases in the new
district.
Evening star., 1923-09-06
WILL BUILD 800 CARS.

NEW YORK, September 6-The Pere
Marquette is planning the construc-
tion of 900 refrigerator cars at it's
own plant. according to F. III. Alfred.
president of the road. The equipment
will cost in the neighborhood of $780,
600. will be placed in service either
this fall or this winter and will be
financed out of cash on hand.
Evening star., 1923-09-06
RAW SILK MARKET
IN CHAOTIC STATE
Quotations to Be Suspended at
Least Five Days-Cotton
Goods Firm.

Special Dispatch to The Star
NEW YORK, September 6.-Deci-
sion OF the Raw Silk Trade Council
to continue suspension of quotations
for at least five days, emphasizes the
chaos into which the market has been
thrown. The council decided to limit
deliveries on contracts to so per
cent The only quotations today were
those of Italian and China, which
ranged from $40 to s1l.
Cotton goods markets were firm
but trading was less active. Printed
siXty-four by sixty were quoted at
Ga. to 10 and sixty eight by seventy
two at 111s.
Evening star., 1923-09-06
PARIS MARKET STRONG.

BY the Associated Press
PARIS. September 6.-Prices were
firm on the bourse today. Three per
cent rentes. 81 francs 80 centines; ex-
change on London, 81 francs 60
centimes; per cent loan. "A francs
80 centimes; the dollar was quoted
al Is francs. CentimeS
Evening star., 1923-09-06
WORKING 1O-HOUR DAY.
Not All Steel Employees Yet Put
on S-Hour Basis.
BY the Associated Press.


NEW YORK, September Gilbert
II. Gary. chairman of the United
States Steel Corporation, announced
late yesterday that his concern was
comforting with heads of subsidiary
companies on adjustment of wage
rates. 1t was learned that the dis
cussiOn concerned the wages of men
whose hours We're reduced from
twelve to ten. When elimination of
the twelNe-hour day was begun it
affected 10000 men in all. but a good
number had their hours reduced
from twelve to eight and received a
% per cent wage ipcrease
Evening star., 1923-09-06
BY the Associated Press.

NEW YORK, September 6,-For-
eign exchanges easy Quotations Un
United States dollars): Great Britain,
demand. 4.51&; cables. 4.52; sixty
demand, .0553&; cables .0554k. Italy,
demand, .0425a: cables, .0426h. Bel
gium. demand. .0453A; cables, .O454A
Germany. demand. .0O0O0O02k: cables,
.00000002%. Holland, demand, 1923;
cables. 1928. Norway, demand 16I5.
Sweden. demand, 1850. Denmark, de-
mand, 1878. Switzerland, demand.
1899. Spain. demand. 1895. Greece,
demand, .01S0. Poland. demand,
.000004h. CZechosiovakia, demand
.0297. Jugoslavia, demand, 0097
Austria, demand. .90o014k. Ru-
mania. demand. .o45A. Argentina,
demand. 1926. Brazil, demand, .0975.
Montreal, demand, .97 1892.
Evening star., 1923-09-06
JOY OVER RATE CUT.

ATLANTA. September Especially -
The business interests of the state are
hailing with joy the order of the
Georgia public service commission
which has ordered a sweeping re-
vision downward on all commodity
freight rates within the state, effec-
tive September Is. The reduction
amounts to about Is per cent and is
expected to aid shippers materially.
Evening star., 1923-09-06
COTTON MILLS
80 PER CENT DISABLED
By the Associated Press

7
LONDON. September 6.-Thirty per
cent of the cotton spindles of Japan
are unable to operate and the output
is suffering accordingly, says dis
patch from Kobe received today by
the japanese cOnsignmcnts Company.
Evening star., 1923-09-06

$50 your movie theater musicia ms
have struck for more money"
Yes; they say they are unable to
live in the style they are accustomed
to seeing on the screen.'-Boston
Transcript.
Evening star., 1923-09-06

NEW YORK. September 6.-Follow-
ing Is an official list of bonds and
stocks traded in on the New York
Curb Market today:
Evening star., 1923-09-06

All loaves made by the early Chris
tian bakers were stamped with a
cross.
Evening star., 1923-09-06
MISCELLANEOUS.

u. C. Paper Mfg. 6s.......... 81 ....
Riggs Realty 5s 0ongl.....-... 93 .....
Riggs Realty IS tshorti.. gs $50.
See Storage & Safe E-p 6s... % ..... |
wash Mkt. Cod Storage Js.... 94ia .....
wardman Park Hotel 6s........ g2t2 1904
Evening star., 1923-09-06
BONDS.
Bid and Asked Prices.
PUBLIC UTILITIES

Rid. Asked.
American Tel. & Telga. is..... 81 923s
Am Tel. u Telga. 412s.....,.. 1n2% 49,.
Am Tel. Il Tel. ctl. tr. 5s..... 9s ~
Am. Tel. & Tel. conv. 6S....... 116 III
Anacostia Il Potomac 5s....... NJ .....
Anacostia & Potomac guar Js... 81 ..
6 4 T.. Telephone rs g6i. %
e. & Z. Telephone of Va. 5s... ~ ~
Capital Traction r. X. 5s...... gi'2 81.
City and Suburban 5s........... 30 .....
Georgetown Gas Ist 3s ........ 81 50
Metropolitan r. K. 5s......... 9Ila ....
Potomac Elec. LIST 5s........... gil. 81
Potomac Elec. Cons. 5s......... ~ 81.
Potomac Flee. deb. Is. 9ga4 1901
Pot Elec. Pow. &. m. as. 10l1a 80.
Pot Elec Pow. =. m. 4 ref Is 10f 1071a
wash Alex. Il Mt. Yer. 5s-... % 80.
Wash Alex & Mt. Yer. ctfs... 25 w
Wash. Balt. & Annap. 5s...... 40 ....
Washington Gas Js............. B3 gI
Washington Gas Gs ..:........ 10li 10li2
Wash Rwy. & Elec. 4s........ - 13
Wash Rwy. X Ehc. {. IN. 6s.. 994 .....
Evening star., 1923-09-06
Money to Loan

Secured by first deed Of trust on real estate
Prevailing interest and commission.
Joseph I. Weller sfds., BID misa sth / L Nw Sta'
Evening star., 1923-09-06
FOREIGN EXCHANGE.

September o, 1923-lI :0O a M
Quotations furnished by w Il. Hibbs & Col
Nominal Selling checks
Evening star., 1923-09-06
SHORT-TERM SECURITIES.

Quotations furnished by Redmond & Coz
Evening star., 1923-09-06

CONNELLSVILLE. September 6
The tone of the coke market has
brought talk of a $3.50 price for the
fourth quarter Heating coke is
stronger at $3.50. and on light buy
ing is firm at s. for spot. September
coke is slightly lower at S4.i5
Evening star., 1923-09-06

KANSAS CITY, September 6.-Flour
production in southwestern mills in
July totaled 1.733.27o barrels. ac-
cording to a survey completed to-
day. This is an increase of 129,Sl2
barrels over July. 1922.
Evening star., 1923-11-11

At RI G h t:
She dives one
hundred f e e I
into a three
foot tank of
water. One of
the n e w e S I
thrillers of the
far west. The
p h o t o w a S
snapped during
a street carnival
at Petaluma.
Calf.
l. \ y. l'h"i"~.
Evening star., 1923-11-11

A en- e r a !
ew of the
Masonic cere-
monies. TWen-
ty thousand
persons wit
messed the lay
ing of the cor
ner stone and
heard the ad-
dresses.
National Ih"t"
At II G h t:
Motor cyclist of
the big zoo in
r 0 m e. The
trained Chin
p a n ze &c per
forms daily for
the t o uri S t S
who visit the
zoo.
Wiir World lh't"