davidaulloa/AmericanStories huggingface dataset:
Evening star., 1923-10-27
COTTON ADVANCE
COMES TO HALT
Weekend Trading Barely Steady
as Buying and Selling Are
About Even.
By the Associated Press.

By the Associated Press.
NEW YORK, October 21.-The cot
ton market was barely steady during
today's early trading. There appeared
to be a good deal of reactionary SEN
timent following the advances of the
earlier week and the sellers prob
ably found sone encouragement in
rumors of an easier basis in some Of
the eastern belt markets. On the other
hand reports from the domestic goods
market were more favorable, and on
the whole, buying and selling orders
appeared to be pretty well divided.
The opening was barely steady at a
decline of to Is points on present
crop positions and 80 to 55 points
lower on later months. After selling
off to 3o.00-30.4S, however, December
rallied to 30.54, while March stiffened
up from 2s.S9 to 5000 and prices held
within Z or points Of last nights
closing quotations during the first hour.
New Orleans Market Uneven.
NEW ORLEANS, October 27.-Week
end liquidation of long contracts put
the cotton market down on the open
ing today. but soon after the open
ing. unfavorable weather accounts
from the western belt put it back
up again. The initial losses amounted
10 10 10 IL pOlAtSy AiiC dI tiC Cuu
Of the first half hour of business
prices were 1 down to UP, compared
with the last sales of YESTERDAY;
December traded down to 29.9s and
then UP to 30.18. Points in west and
north Texas and in Oklahoma told of
much rain falling and some OF them
stated the outlook seemed to be for
Closing Cotton Prices.
NEW YORK, October 27.-Cotton
futures closed steady; December,
30's9 to 30.72; January, 3o.15 to 30.1s;
March. 30.16 to 30.17: May. 30.1S;
July. 2s. SO to $3.50. Spot cotton quiet:
middling, 31.75.
NEW ORLEANS. October 27.-cot-
ton futures closed steady. at net gains
of 4 to s points: December. 30.19-23:
January, 3O.05-10: March, 29.96-s9;
May, 29ss-S4; July. 29.31.
Spot cotton firm and unchanged:
sales on the spot. 405 bales; to arrive.
none: low middling, $500: middling,
$3.50; good middling. S1.62.
Evening star., 1923-10-27
FIRM TO REORGANlZE.
Hydraulic Steel Company Takes
Preliminary Steps.

CLEVELAND. Ohio. October 81
Preliminary steps toward the reor-
ganization Of the Hydraulic Steel
Company were taken yesterday, when.
upon application Of officials Of the
concern. Federal Judge d. c. West
enhaver appointed Vice President and
Controller Thomas p. Goodbody re-
cefver, with full power to operate
the company.
The company consented to the ap-
pointment Of receiver In a friendly
suit filed by the Savage Arms Cor
poration.
The Hydraulic company suffered
heavy losses in the depression that
followed the war, impairing its as
sets to an extent which made a re-
duction Of its capitalization advisable
The period Of adjustment and loss. 1t
is understood, ended April last
Since then the earnings have i'm
proved, resulting in a proht above
all charges, including net interest.
Evening star., 1923-10-27
MANY SHARP BREAKS.
Coca Cola Among Stocks in To-
days Recessions. -
BY STUART p. WEST.

NEW YORK, October 2I.-Today's s
stock market was the scene OF an :
other series of sharp breaks IN speciai
issues. Losses of two to four points
appeared in American sugar, coca :
Cola, American Ice ana Coloraoo
Fuel.
Producers and Refiners, common
and preferred. were very weak, the
former under 20 for the first time.
Rumors of new financing. often oe-
ried, were brought forward again to
explain the decline. The omission OF
the extra dividend on the preferred at
last Wednesdays meeting has also
been d depressing factor.
Regarding the gossip about FRO
ducers and Refiners being absoroed
by the Prairie Oil and Gas, the talk
today was that it was for the pest
interests Of the deal to have the
former stock down.
American Sugar Weak.
American Sugar at 4S was very
close to its low for all time. There
was nothing new to account Tor the
break. 1t has often been pointed out
advantage out of the improvement in
the sugar market that producers
were. They accepted the absurd
over-estimates of the Cuban crop put
with the upward rush to ga cents.
which followed discovery of the
truth, many of them rushed In to
buy and paid high average. Amer
lean Sugar is supposed to be one of
these cases and consequently is
credited with having operated at a
pretty small profit margin.
Coca Cola Is Surprise.
The weakness in Coca-Cola ap-
peared to be due not to any unfa-
Norable turn in the affairs of that
company, but to weak market posi-
ia, to- No str Iarc =
down found almost no support until
it had broken nearly points. To-
bacco Products A was sold on the
hint thrown out that some opposi-
tion might be raised to the deal with
American Tobacco, even although the
arrangements of both companies have
approved the arrangement. The
break in Colorado Fuel followed d.
rectly the report for the third quar-
ter showing a deficit of $4,000
pretty well. Prices went lower in
most of the industrials. but the losses
were not large. Most of the oils and
rails We're steady, the pressure was
lifted from the rubber and copper
stocks and the shipping and depart
ment store groups were definitely
strong.
Famous Players Rallies.
Famous Players, after touching a
new low, was more inclined to rally,
although there was no change in SEN
timent toward the stock. The street
was not impressed with the reassur-
ing statement put out Friday by the
secretary Of the company. in which he
declared that the present shutdown
would save monewy at the right time
of year-that is, at the time when
the supply of films was sufficient for a
good while ahead and when income
was the largest. The showing in
the last balance sheet was the
thing that counted more. On June
80 Famous Players had S570,000 less
cash than at the end of the previous
directory. while its inventories were
up $2:400.000 and it owed in bills
Dayabla 81 400 On0
Evening star., 1923-10-27
BANKERS MAY TALK
ERGERMANL0AN
Convention Here Likely to
Put New Topic Into Pro-
gram-Notes.

Plans for the fiotation of a large
loan to Germany will, in all prob
ability. constitute major discus
sion Of the forthcoming convention
Of the Investment Bankers Associa-
tion, to be held in this city October
% to 81, inclusive, it was limited in
the local financial district this morn
ing. New developments in the inter
national political situation have origi-
mated reports that the New York
bankers, who underwrite much of the
nations business, would discuss pro-
viding funds for Germany. and con-
time becomes ripe.
Such consideration does not have q
place on the program of the associa
ton, but recent reports emanating
from Wall street indicate it's possibil-
ity. Yesterdays completion of plans
for an international economic con-
ference adds strength to the rumor.
Dollings Case Up Again.
A petition for the termination OF
the receivership for the r. L. Doll
ings Company of Pennsylvania was
filed in the federal district court OF
Philadelphia yesterday by William w.
Sketchley, who stated that he was
secretary of a new board of directors
of the company.
The petition declared that as the
old board of directors, whose manipu-
lations were alleged to have made the
recetvership necessary, had resigned
the receiver was no longer needed.
Sketchley said the new board had
been elected last Friday and that it
was composed principally of business
men, well qualified to take over the
property and assets of the corpora
ton"
Hearings on this petition and 4
similar one, filed several weeks ago by
minority stockholders of the Dol
lings concern, will be held before
Federal Judge Dickinson November s.
Defunct Firms Building Sold.
William L. David and Gardner Alb
bott, receivers of the Cleveland Dis
in Washington, yesterday in Cleve-
land bought in the Cleveland Dis
count building at sheriffs sale for
S4,304,000. They are under contract
to sell IL to the Union Discount Com
pany for s4.50O,000.
In buying in the building the re
ceivers assumed mortgages totaling
100000 held by the Prudential Life
insurance Company and the Harri-
man National Bank of New York.
Local stock Trading.
A rise of 11a points on a ten-share
sale Of Washington Railway and
Electric Company preferred stock to
~ featured this mornings short ses-
sion on the local board.
Washington Gas 6s of 1898 were
in good demand, $1,000 selling at
100A and 100h. Railway As sold at
70la and Capital Traction SIS brought
"a.
Hendley Ends World Tour.
Charles NJ. Hendley. director of the
Federal-American National Bank, who
has been touring the world during the
past two years, has returned and is
again attending Board meetings.
Evening star., 1923-10-27
PACKARD EARNINGS UP.

NEW YORK, October 27.-Net earn
ings of the Packard Motor Car Com
pany for the fiscal year ending August
n. 1929, were $7.081.4Ss. as compared
with s2,115,828 for the preceding year.
the company's annual report dis
closes.
Sales Of passenger cars. trucks.
service parts, marine and aviation en-
eines for the year amounted to sb5.-
S7O.465, as compared with s37.s88,4S9
in the previous year. The number OF
vehicles sold totaled 21.57l, against
1920 the preceding year.
Cash and marketable securities on
hand, chiefly United States govern
mant bonds, the report disclosed.
amounted to $16.636.105, after the re-
demption Of all outstanding bonds
amounting to $7,400,500. and after
making provision for the preferred
stock sinking fund.
Cash dividends of 11o1s per cent
were paid during the year on the
company's common stock.
Evening star., 1923-10-27
100000, 900 POLICY
INSURES 10000 MEN
Southern Pacific Takes Biggest Step
Of Kind Ever Made in Pro.
tecting Employees.
By the Associated Press.


NEW YORK, October 27.-JuIius
Kruttschnitt. chairman Of the execu-
tive committee Of the Southern Pa
cif1c Company, announced yesterday
the awarding OF a contract for group
life insurance covering the 10000 en-
ployes Of its various lines. The
amount OF insurance covered by this
one policy may exceed 500, 200, 900,
he said. far exceeding in size any
other known policy.
The insurance. which probably will
be effective January 1. is to be placed
under .contributory plan. The COM
pany will provide without cost to the
employe an initial amount of insur-
ance for all employees who have been
In service six months or longer.
In addition. employees will be given
an opportunity to increase this
amohnt by purchasing additional in
surance up to a maximum Of $4,000
for those whose monthly pay Is 5000
or over. The company will share also
in the expense Of the additional in
surance.
Evening star., 1923-10-27
BUTTER MARKET PICKS UP,
Trend Steadily Broadens During
Trading Week.

CHICAGO, October 27.-The week
in the butter market closed slightly
frmer yesterday, with trade showing
more signs of increase. The week
opened with the market no more than
steady and trade continued quiet, but
with better indications. although the
better trend is as yet more or less To-
Called, according to the weekly re-
port of the United States bureau Of
agricultural economics. Wholesale
prices for go butter closed at 481s in
New York, 49h. In Philadelphia, 48
at Boston and 471a at Chicago.
Evening star., 1923-10-27
CHICAGO LIVE STOCK MARKET.

CHICAGO, October 81 Omitted States
Department Of .-Hogs-
Receipts. 5000 head. Desirable grades
firm; others strong to 10 higher; good
and choice, 21o-to 325 pound butchers,
7.50a7.65: top. 7.65: desirable ITO to
200 pound average. 7.20a7.45; bulk
packing sows, e.5oaS.75: estimated
holdover, 5000.
CattIe-Reoeipts, 1000 head. Com
pared week ago long fed steers and
yearlings 35 to 40 higher; top ma
tured steers, 12.46: best yearlings.
1895; fat she stock steady: vealers
$50 lower; stockers and feeders weak
to 25 lower; bulk prices follow: Fed
steers and yearlingsy s.s5 to 1875;
beef cows and heifera 3.75 to 7.25;
Gamers and cutters 2.35 to 3.15; veal
ers, 1000 to 1915; stockers and feed
ers, 500 to 6.75.
Sheep--Receipts. 1000 head Steady;
killing classes show following COM
pared week ago: Fat lambs, mostly
IS; Gull natives. 50a75; yearlings and
twos, 60a75: aged stock, 25a60; feed
ing lambs. 25a40 lower; top slaughter
lambs. 1850; top feeders. 1850.
Evening star., 1923-10-27
SUGAR PRICES REDUCED.

SAN FRANCISCO, October 27.-Re-
ductions of 80 cents hundred
pounds In the base price Of refined
cane and beet sugar were announced
yesterday by the California Hawaiian
Sugar Refining Corporation, the
Western Sugar Refinery and the
Spreckels Sugar Company. The new
prices are 1920 for cane and $500
for beet sugar. They are effective
immediately.
Evening star., 1923-10-27
POTATO MARKET.

steady: receipts. 1876 cars; total
United States shipments. 1.178; wis
consin bulk round whites, United
States, No. I, S0a1.10 cwt.; sacked,
S5a1.00 cwt.: Minnesota and North
Dakota sacked round whites, United
States, No. 1, and partly graded, S5a
95 cwt.; Minnesota and North Dakota q
sacked Red River Ohios, 85a1.00 cwt !;
bulk, 80a90: cwt.; South Dakota
sacked Early Ohios, 86aS0 cwt.; Ida.
no sacked russets, 200 cwt.
Evening star., 1923-10-27
REACTION GOES ON
I IN STOCK MARKET
Two Score Shares Melt Away
j TO New LoWs-Some Re-
! -sistance Noted.
By the Associated Press.

By the Associated Press.
NEW YORK. October e7.-The re-
cent reactionary trend of stock prices
was maintained in today's quiet ses-
sion. The liquidating movement COW
ere1 a broader list. suggesting that
ecessitive selling was on larger
scale than heretofore.
High-grade railroad shares ana
standard industrials. however con-
tinued to offer splendid resistance to
selling pressure Nearly two score
stocks melted away to new low rec
ords for the year, losses ranging from
one to four points. with American
Sugar and Coca Cola yielding the
most to selling pressure.
Famous Players opened at 80, drop
ped to So and then pulled to 56. There
were few strong spots, notably
Woolworth.
The closing was heavy. Sales ap-
proximated 100000 shares.
Evening star., 1923-10-27
COLORADO FUEL DEFICIT.

NEW YORK. October 27.-The Col
ed q deficit Of $316,644 for the quar-
ter ending September 80, 1928. as
compared with q deficit Of $181,463
in the corresponding period last year.
The earnings statement disclosed an
income of S66,026.S2 above nxed
charges, from which was deducted
depreciation Of $s82,671.
Evening star., 1923-10-27
NEW FINANCING PLANNED.

NEW YORK. October 27-Stock-
holders of the White Rock Mineral
Springs Company will vote Novem-
Der 10 on q proposal to divide out
shares without par value. The plan
provides for the exchange of Ave
shares Of new stock for each one
OF the old shares.
Evening star., 1923-10-27
CERTIFICATES.
touotations furnished BY Redmond = "a
DRY GOODS ACTIVE,
Buyers Show More WILLINGNESS Ia
Meet Prices.

Special Dispatch to The Star.
NEW YORK. October 27.-Cotton
goods markets ended the week with
a fairly busy session. in which buyers
showed more willingness to meet
prices at which mills were holding
their products Following the. "a by
go print cloths, which increased Y
Friday to 10A, the 6s by 72 prints rose
Y to IL today.
The decline in raw silk prices con-
tinued in the silk markets, the vari-
GUS Grades OF japanese raw being
quoted or from to Is. Demand
continued cautious.
Evening star., 1923-10-27
sEABoARD's NET IMPROVES.

RICHMOND, Va, October 27.-Sea-
board Air Line reports net revenue for
the month Of September at $9S1,270.72.
an increase Of $142.023.65 over the
same month last year. Surplus after
interest and other fixed charges, exclu-
siye Of interest on adjustment bonds,
was 317s.255.ss, an increase Of s2s3.-
528.06. -
Evening star., 1923-10-27
RAW WOOL STRONGER.

BOSTON, October 81 (SpeciaD.-
The local raw wool markets ended the
week on an optimistic note, strength
ened by the strong tendency shown at
the London auctions. The export
movement continued to show strength
as a result Of the higher prices abroad.
Evening star., 1923-10-27
NEW YORK DAIRY PRICES.

NEW YORK., October 27.-Butter-
Firm; receipts, 1858 tubs; creamery,
higher than extras. 49ha50; creamery,
extras (92 score). ASH a49. Eggs
Firm; receipts, 9,455 cases. Cheese
receipts. 66,911 boxes.
Evening star., 1923-10-27
BY the Associated Press.

BY the Associated Press.
NEW YORK. October 27.-Foreign
xchanges irregular Quotations Gin
United States dollars): Great Britain,
demand. 44sK; cables. A4eH: sixty
day bills on banks, 4.47ss. France.
demand, .o592A; cables, .05s2N. Italy,
demand. .0452A; cables. .04e3A. Bel
gium, demand, .0511A: cables, .o512.
Germany. demand, .o0oo0000001s; ca
bles, .0o0oo00o001s. Holland. demand.
1880; cables. 1886. Norway, demand,
1882; Sweden, demand, 1858; Dem
mark. demand. :17ss; Switzerland. de-
mand, .17s2; Spain, demand, 1898;
Greece, demand. .0182: Poland. de-
mand, .0o0001; Cxechoslovaki, de-
mand, .02s4; Jugoslavia, demand,
OILS; Austria, demand, .00o014; Ru-
mania, demand. .0047h; Argentina
demand, 5000; Brazil. demand, .0950;
Montreal, .9S 1882.
Evening star., 1923-10-27
CLEARING HOUSE REPORT.

NEW YORK. October 27.-The ac-
tual condition OF clearing house
banks and trust companies for the
week shows an excess in reserve of
S21,991, ,020. This is q decrease in the
reserve Of $10,109,710.
Evening star., 1923-10-27
His idea Of Low.

From the Louisville Courier-Journal.
Don't you love to hear the cattle
low?" asked the poet.
II love to buy 'em that way" said
the packer. p -
Evening star., 1923-10-27
CLOSING SUGAR. PRICES.

NEW YORK October 27.-Sugar fu-
lures closed steady, approximate
sales. 1000 tons. December 4.96;
March, 1886; May, 4.04; July. All.
Evening star., 1923-10-27
FOREIGN EXCHANGE.

October 27, 1923-12:o2 p.m.)
(Quota lions furnished BY W. B. Hibbs L co.,
Nominal Selling checks
Evening star., 1923-10-27

Jones Tea.......
Kansas City 8. =.
Kayser (Julius)
kelly-Spr Tire.
Kelsey Wheel.
ksnnecott.
Laclede Gas.
Lee T g. Rubber.
Lima L.ocomo
Loews Inc. ..s
L0rillard (P),..
Louis & Nash.
Mack Trucks.
Mack Truck I'd. .
Magma Copper.
Aallinson 4 Co.
Naracaibo Oil.
Market st r I'd. .
Market st pf.
Market st prior.
Nathison Alkih.
Aarland Oil. 80.
Martini Parry.
Maxwell (A)...
Maxwell 3D..
May DIP Stores.
Mex 6eaboard.
Mex Seabd ctfS.
Miami Copper.
Middle st Oil.
Midvale Steel. =.
MINI 4 st L n).
No Kan d Tex.
No X & Tex pf..
Mo Pacific. ......
Mo Pacific pf. %.
Montana Power .
AontE'y Ward.
Moon Motors. ..
Mother Lode. ...
Munsinger. ....-
Nash Motors.
Nat Biscuit.
Matt Dept Stores
Natl Dept Sto pf
Natl Enamel
Natl Ry Of M I'd.
Nat Supply pf..
Nevada Copper.
n r Air Brake.
N 7 Central.
NYC&StL pf(n).
Norf e. Western
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-07-14
NOTICE OF MORTGAGE
FORECLOSURE SALE

NOTICE IS HEREBY GIVEN, that
that certain mortgage, executed and
delivered by Victor Koski and Mary
Koski (signed Martha KoskD, his
wife, mortgagors to Union Invest
ment Company, of Minneapolis. Mimi
esota, corporation. mortgagce, dat
ed the End day of November, 1916.
and filed for record in the office of
the Register Of Deeds of the County
of Burleigh and State of North Da-
kota on the 9th day Of December,
1916, at 8 o'clock. A. M. and record
ed in Book 80 of Mortgages at page
COL, and duly assigned by said mort
gagce by an instrument in writing,
to Emil II. Schmidt, of the County of
Calumet, State of Wisconsin, dated
the 9th day of March, 1917. and filed
for record in the office Of the Regis
ter of Deeds in and for said County
of Burleigh and State Of North Da-
kota on the 18th day Of April, 1928,
and recorded in Book ITS of Assign
ments, ut page 20, will be foreclosed
by a sale of the premises in sucn
mortgage and hereinafter described
at the front door of the Court House
in the City of Bismarck, in the Coun-
ty of Burlegh and State of North Da-
kota at the hour of two o'clock p. M.
on the 23rd day Of July, 1923, to sat
isfy the amount due upon such mort
gage on the day of sale. The pre-
misses described in said mortgage and
which will be sold to satisfy the same
are described as follows, to-wit: The
West half of the Southwest quarter
(Wk SWA) and the West half Of
the Northwest quarter (WR NWh)
of Section Thirty-two (32), in Town
ship One hundred forty-two 142),
North Of Range Seventy-five (75),
West, of the. 9Th Principal Meridian,
situated in the County of Bur!eigh
and State of North Dakota. There
will be due on such mortgage at the
date of sale the sum of One Thou
sand six hundred ninety-six 63/l00
dollars, together with the costs OF,
foreclosure.
Dated at Bismarck, North Dakota,
this md day of June. 1923.
Emil II. Schmidt,
Assignee of Mortgage,
G.. Olgeirson,
Attorney for Assignee
of Mortgagce,
Bismarck. North Dakota.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-07-14
NOTICE OF MORTGAGE SALE BY
ADVERTISEMENT

Notice is hereby given that that
certain mortgage, executed and deliv-
cred by Michael 3. O'Conncll and
Maggie O'Connell. his wife, mort
gagors, to Seth G. Wright Mortgage
dated the 9Th day of December A. ID.
nineteen hundred and Seventeen and
filed for record in the office of the
Register of Deeds of the County of
Burleigh and State Of North Oak ota,
on the 21st day of December A. D..
1915 and recorded in Book 144 of
mortgages, at page 472, will be fore
closed by sale of the premises j.,
such mortgage and hereinafter des-
cribcd, at the front door Of the Court
House in the City Of Bismarck, in
the County of Burleigh, and State Of
North Dakota, at the hour of o.
clock p. M. on the 18th day of Aug
ust 1923, to satisfy the amount due
upon said Mortgage on the day of
sale.
The premises described in said
mortgage and which will be sold to
satisfy the same. are those certain
premises situated in the County of
Burleigh, and State of North Dakota,
and described as follows. to@wit:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-07-14
NOTICE OF MORTGAGE SALE BY
ADVERTISEMENT

Notice is hereby given that that
Certain mortgage, executed and dc.
livered by Arthur b. Damstrom and
Elizabeth +. Damstrom, his wife,
Mortgagors, to Wilton National Farm
Loan Association. of Wilton, N. -.
Mortgagcc, dated the LIST day of May
A. d., nineteen hundred and twenty
two and filed for record in the office
of the Register of Deeds of the COun-
ty of Burleigh, and State of North
Dakota, on the Bird day of May, A. ID.
1922, and recorded in Book l44 Of
Mortgages, at page 1874, will be fore
clo3ed by sale of the premises in
such mortgage and hereinafter des-
cribed Mt the front door of the court
house in the city of Bismarck, in the
County of Burleigh and State of
North Dakota, at the hour Of ten o.
clock A. NJ, on the 31st day of july
A. ID. 1923, to satisfy the amount due
upon said mortgage on the day o.
sale. The premises described IL
said mortgage and which will be soln
to satisfy the same, are situated in
the County of Burleigh and State Of
North Dakota, and described as fol-
lows, towit:
The North Half (Nh) of Section
thirty (3O. Township One hundred
forty-two G42) Range Eighty 500,
and the Southwest quarter (SWA }
Of section twcnty-four (24 Township
One hundred forty-two 142) range
eiIhty-one (SD. containing 465 acres
taxes paid under the mortgage. be-
sides the costs of foreclosure and
sale.
Dated mt Napoleon, N. D., this Goth
day of June 1923.
Wilton National Farm Loan
Association, Mortgagee.
H. G. Bradley.
Attorney for Mortgage,
Napoleon. North Dakota.
(623-3O 7-7-1421-28)