davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-12-17
OIL STOCKS ON
Up WARD
SWING
BuIlish Sentiment Continues
As Oils Lead General List
in Early Trading.
By HI. j. DUIZEND.
copyright, 1928. by Cosmopolitan
News SsrVicel

News Service.)
NEW YORK, Dec. Tolls played
q prominent. part in the first two
hours trading on the Stock Elk
change today. Commission houses
in their market comment over the
week end expressed themselves uni
formly bullish on this class of
securities, some contending that a
bull movement of great proportions
was in the making. 1t was COM
monty agreed that the optimistic
feeling and Improvement in values
were amply justified. The higher
crude oil prices posted last week
and the expectation of an advance
in the mid-continent field in the
next few days brought about re-
Vival of public interest, reflected in
a well defined buying movement.
Standard Oils and stocks Of indie
pendent companies carrying huge
inventories were the leaders in the
advance. Pure OIL became unusu-
ally active and strong following the
report that plans for new financing
had been dropped. A noteworthy
feature was the prominence given
10 the low priced shares, lead by
Invincible, Transcontinental and
Middle States.
Aside from further rise in rep
resentative chemical stocks, among
which American Agricultural dis
closed scarcity Of floating supply,
the Industrial list was subjected to
many cross currents. There was
heavy profit taking in recent favor
ties. like Studebaker, Chandler, Gen
eral Motors, American Bosch Mag
neto and the sugars, and renewed
buying In American Can, Industrial
Alcohol and Corn Products on the
other hand. Price movements were
governed by conditions within the
market itself.
The action Of the rails was most
discouraging. Weakness in the
dividend paying stocks, notably
Union Pacific, unsettled the whole
carriers group, selling being based
on the fear that radical proposals
affecting the railroad structure will
be placed before the House. West
ern Pacific preferred was the only
issue showing strength, due to the
approval Of the Denver and Rio
Grande Reorganization plan by the
Interstate Commerce Commission.
Call money renewed at Ak 20.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-12-17
IN SUGAR
To YIELD To
RESEARCH
Bureau OF Standards Tests En-.
pected to Greatly Increase
Production.
By ROBERT s. THORNBURGH
international News service.

Thousands of tons viii be added
to the American production Of
sugar and millions Of dollars event
ually saved in manufacturing costs,
with the termination Of studies
aimed at eliminating waste in re.
filming processes at the United
States Bureau Of Standards, f.. J.
Bates, directing the investigation,
declared today.
In cooperation with sugar pro
ducers, both cane and beet scien.
fists at the bureau are gradually
arriving at methods which will
of the sugar refineries to q high.
grade commercial sugar, according
to Bates.
Consumers TO Benefit.
The ultimate consumer is ex-
pected to benefit through increased
production and lowered manufacture
ing costs.
The studies are in connection
with a general plan of the De
partment of Commerce and De
partment of Agriculture to dig
cover or increase the production
of raw materials, essential to Amer
lean industry and business now
partially or entirely controlled by
fore gn capital. 1t also follows the
Bureau Of Standards policy Of d >
veloping more efficient rnanufac-
turing processes.
The United States does not pro-
-, -
demands. Cuban producers being
in partial control Of the market.
officials have frequently declared.
Bureau Of Standards experts as
sert that when methods of getting
the maximum output of commercial
sugar from beets and cane are
perfected. a long step VII have
been made to meet the situation
Millions i'm Waste.
The annual waste in sugar re
fineries is declared by Bates to
run into millions of dollars. Good
progress has been made at the
bureau in devising methods to elimf-
nate a per cent Of this waste, and
it is believed that within the next
year scientists will be within sight
of solution Of the problem.
The elimination of waste natu-
rally will mean a reduction in
manufacturing costs, a material in
crease In American production and
consequently a lower price may be
anticipated" Bates said.
Research laboratories have been
opened where analysis Of discarded
molasses and waste water from re-
fineries have been made. These
researches developed that it is
possible to extract a considerable
per cent of sugar from the waste.
The Bureau of Standards annual
report disclosed that scientists have
produced levulose, the sweetest
member Of the sugar group, at
relatively low cost. Feasibility OF
commercial production was shown.
This commodity has been extracted
from beet molasses, dahlias, and
Jerusalem artichokes. Levulose is
said to play an important part in
adult human nutrition.
One of the biggest problems IN
the sugar industry, Bates explained,
is the reduction to a minimum OF
the molasses produced.
"Of all the various sources OF
manufacturing losses in the INDUS
try. none other is heavier, he said.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-12-17
N. Y. Cotton Market.

NEW YORK. Dec. 17.-Cotton fu-
lures were firm at the opening to.
day. prices advancing from to 40
points In response to somewhat
better Liverpool cables. Buying was
concentrated in the spring months.
while the near position merely held
steady.
December opened at $3.50. I'D s
points; January at 1925, uD 8
points: March at $3.50, up So points.
and May at 34.15. up 40 points.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-12-17
HSaggSsiHAHzBe BUSINESS AND FINANCE 5aHaa
Local Stocks.
SALES.

Wash. r. & E. As. 1,00O@69A
1,oOO@69%. 1,OoO@6s%, 2,OOO@69A
1,OOO@6s%. 1,OOO@6sT, 1,OOO@6sR
2,OO0@69H, 2,o00@69N, 1,OOO@7O
1.OOO@7O, 2.OO0@7O, 3,10O@7O, 1000
@7O, 4C0@7O, 1,1OO@70, 1,OOO@7O
1,O00@70h. 1,0OO@70M, 2,O0O@7Ok
1,000@70h, 1,000@70h.
Capital Traction 3@95h.
Merchants B. x. & Trust Co.
10@1281s.
After Call-Capitol Traction IS
2,0O0Q94A.
Wash. r. & E. IS, $5O0@70M.
Money-Call loans, 5 @6 per cent
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-12-17
Short Term Securities.

(Furnlshed by w. d. Hibbs 4 Coz
Alum. Co. Of A Is, 1925 .I102 I102H
Alum. Co. Of A Is, 1888. 196 1868
Am. Cotton Oil SIS, 1924. 39% l100H
Am. Su. Tob. Con. Is, '25l 96A 965s
Am. T. & T. Is. 1924. 100 1908
Am. T. & T. Col. As, '23. 92AI 92k
Am. Thread IS, 49,. -. 1O1 Y l101A
Anaconda IS, 1929. .l1O1 Il 1O1 q
Anaconda Cop. IS, 1853. 96A 961s
Anaconda Cop. Is, '38. SO SO
Anglo Am. Oil TVS, 1925I1O1% l102N
Armour & Co. SIS, rs. SSH 8SN
b. & O. Ry. Col. '6s, "a. 1001sl1O1
B. & o. p. L. 31zs, '25. Il 94A 9S%
B.&o. S. w. Div. Shs. '25I s6Kl esq
Bell Tel. OF Can. IS, '25. 96hl 81
Bell Tel. of Can. Is, rs. 1914 lIO1 =
Bell Tel. of Pa. SIS, '4S. -. 971kI SO
Beth. Steel IS. &c.,. 97MI 98as
Br Cop. Ms. c. Tr. IS, 81 1OD15i1O1
Can. Nor. Ry. 5s, '25. -. 99A 99k
Can. Nor. Ry. SIS, "a. :. 99{s l1OOfd
Can. Nor Ry. IS, "a. !. 1904 l1DOM
Cent. L. list Lien SIS, '25 81 91h
Cudahy PIX. Co. SIS, '37l 841z IS
Federal Sug. Ref. SIS, 'S3l 971kl 97%
Hook Valley IS, "a. 49,. 100 1l1CO%
K. G. Term. Is, 49,. =. 99Al1O0
Kennecott Is. 80. $3.50. 1881 l103%
L. 8. & M. s. As, 81. 92Al 92h
NAT. Lea. 0S, 70. 80 SO12
Greg. s. L. Ref. Col. 4s '29 93A 921z
Phila. Co. IS, '44....... 99Al100
Sin. Co. Pur. SIS, rs. 81 DIX
Sin. Co. IS. '26. ........ 81 97A
Sloss Sheffield IS. go. 96hl 97A
Solvay IS, '27..... 49,. 1O4 1919
So. Pac. Con. As. 49,. 923s 92A
So. N. Y. Is, 81. ...... 105A!100
So. N. Y. Gas, b.. 105Al10
Swift & Co. SIS, 80. ..... 81 91K
I'm. Pac Con. As. '27.... 95hI Sc
u. s. Rubber IS, AZ. 841! S515
Vacuum Oil Is. &c.. los Ml106K
Westinghouse FL. U.s., 81. I107 107X
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-12-17
Oil Stocks.
Bid TASK.

(Furnished by w. B. Hibbs . Coz
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10
Families Had to Own Bibles.

The first Bible printed In Scotland
was issued complete in 1879. In the
same year, by act of parliament. every
man, householder and others-"worth
thrie hundredth merkis of yerilie rent
or abone," and every yeoman and bur-
CESS with $500 had to provide, I'M
der a penalty Of $50, "a Bible and
psalme buque in yulgare language In
THAR houssis for the better instruc-
ton of thame self1s and THAR fam
ellis in the knowledge of God"
And to see that the provisions of
the above act were carried into eff
feet, the following year a searcher
was appointed with power to visit the
houses of those slgnifed by the act,
land to require the SIGHT of their
psalme buikis and Bybillis."-Detroit
News.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10

err Of foreign missions. perhaps that
masterpiece of phlllppics that Steven
son wrote TO smash the t%raducers of
Father Damien was inspired by his
chance meeting with James Chalmers. y
writes Arthur Porritt, In 1.-THE Best /
Remember"
All the time he was In Samoa Ste
yenson was the friend of the mission
aries, and he took their view as to the
proper treatment of the natives.
Now that he is dead the Samoan ma
tiyes respect S|tevenson's memory by a
beautiful regulation. by order OF the
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10

direction, and to adjust their balance
and their wings accordingly. When
soaring the eyes and bill of the bird
are directed downward and the mu-
cosa of the nostrils is exposed to any
upward currents of air.
81 think it is very likely, therefore,
that the w~ell-developed olfactory an
paratus Of these birds is a mechanism
for detecting the direction and quality
of air currents. and that the central
olfactcry ganglia enable the requisite
adjustments of balance and direction
Of wing and tail planes to be made"
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10
"SmeIIer" of the VuIture

II has been clearly shown by in
use of their highly developed ~olfactory
apparatus for the purpose of locating
possible sources of food supply by the
sense of smell, says a writer. "It is
obvious that soaring birds are in con-
slant need of a means to detect the
direction and strength of wind cur
rents. especially those In an upward
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10
AUTHOR HONORED BY NATIVES
Samoans Ordered Not to Fire Gun
Within Earshot Of Robert Louis
~SteVenson's Grave.

James Chalmers, English Papuan
missionary, who was killed and eaten
by cannibals at Goaribari, met Robert
Louis Stevenson on a Pacific steam
boat when the novelist vas fleeing to
Samoa to escape death from tubereulo-
sis. After meeting Chalmers, Steven
son was always an out-and-out defend
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10

DULGARIA's communist revolution
- kept on "reyolutioning" last week,
and at this writing the outcome of the
struggle is altogether uncertain. The
latest reports said King Boris and
Premier Zankoff had left Sofia, where
fighting was going on, and that nearly
10000 communists were advancing on
the capital from the north. The war
office announced hat the decisive bat
tie in the uprising was being fought
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10

chiefs no native must discharge a gun
within earshot of Vailima," says Mr..
Porritt, 'lest the birds that sing around
poor Il. l.. SIS lonely grave might be
frightened and suspend their requiem"
Detroit News.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10
Just a Habit.

Mrs. Gossipy-Did you notice her
plates?
Mrs. Seeit-Well, you see, he used
to be a baseball umpire.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10
Same Amount of Material.

Although the stars differ from one
another in size, brightness, density and
temperature very widely, they all con-
tain nearly the same amount of ma
teriaI.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10
More Than Interest.

Does your wife take much interest
in your business?"
Interest? She takes a mighty big
share of the capital"
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10

~ ERMANY s~urrendered again last
" week, and t%hereupon two more
relationships sprang up. Having re-
ceived the assurance of support from
the piemiers Of all the German states,
President Ebert and Chancellor Strese-
mann announced that passive resist
ance In the Ruhr and the Rhineland
was officially abandoned. First recit-
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10
Very ObIlQinu.

Paul-How many cigarettes a day
do you smoke?
George-Any given number.
The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-10-10
That Meets the Emeroenoy

The Boss-Ever save anything for
a rainy day?
The Cashier-Not much. But I've
laid up quite a stock for a dry day.
Imperial Valley press., 1923-12-04
FORBES DEAL IS
INDICATED BY
SPECIAL PROBE
by United Press Leased Wire

EXCELSIOR SPRINGS, No.,
Dec. 4-Sale of the E. L. Morse
home here to the Veterans Bureau
for $4,000 was approved by the
special reappraisement commission
today. se
The deal figured in the congress
sional investigation of conduct Of
the bureau under Colonel Charles
r. Forbes, the government contend
ing the property was worth only
about $4,000.
AT Morse's reques. a nonpartisan
commission was named to investi-
gate the value of the property.
The commission, composed of
William c. Irwin, A. E. Conklin, as
sistant director of the veterans bu-
feau and Jones Parker of st. Louis,
said in its report:
"The whole transaction was above
suspicion of fraud.
"It is abundantly proven by a
preponderance of evidence that the
property acquired by this purchase
was at the date of purchase, of a
reasonable cash value in excess of
the amount paid.
Imperial Valley press., 1923-12-04
"Henrietta'' At
Valley Rich In
M Much Comedy

Honors were about evenly divided
between Lawrence Marsh as BERTHE
and John DeWeese as Rev. Hilton
in "Oh, You Henrietta at the
Valley theater last night. The COM
pany made a marked success of the
opening performance of their Sec
ond presentation.
Hearty laughs were gained by the
amusing situations around which the
comedy eenters regarding Henrietta,
the name used by a dancer, mine
and another girl. Miss Shea, in
genue, is a dark k-haired girl of the
petite type and might be said to
overplay her role trifle in this pro-
duetion. Marsh drew forth most of
the laughs and comments of the au-
dienee showed that his work. was
appreciated.
Thursday evening "Thin lee"
will be presented and with bit
more local experience undoubtedly
a smooth-running performance will
be the result.
Imperial Valley press., 1923-12-04
A VALUABLE EXAMPLE OF CONFIDENCE

The disappearance of the Holton Power company
from the business of Imperial Valley removes
familiar landmark. But the disappearance is only
In and that the most important feature of the
change. The company is absorbed by the larger and
stronger Southern Sierras Power company of which it
has hitherto been subsidiary concern.
The announcement of the new company or rather
the company that is to the valley that it will at
once undertake enlarged program is of much sig
ncance to this whole great section of the state Ever
since the introduction of hydroeectrc power into the
valley there has been almost nsuperable obstacle
proper service This has been due the length of the
TRANSMISSION line carrying to consumers the energy
generated in the high Serras 400 miles distant and
the lmpedlments of mountains, SHOWS, storms and tor
rents Not only is it the longest transmission line in
the world but it is also true that nowhere else are
there so many natural obstacles nterposed The inter-
rupons that have ensued have been numerous, costly
and vexatious. Now half million dollars of new
expenditures are to be made to build line to connect
with San Diego power company, in order that I'M
perla Valley users of electric current may have con-
slant supply.
The new arrangement will be of tremendous value
to every patron, it will eliminate one distressing
feature Another thing not to be overlooked is that
IN the construction of the new line large sum of
money will be released in the valley in payment of
labor and that this will serve as stimulus to trade.
In addition to all the other advantages there is a
demonstration of confidence in the future and in the
permanent prosperity of Imperial Valley that will do
much to strengthen the public morale It is a fine
example that should greatly increase the optimism
that Is becoming more and more prevalent here and
which, after ALL is mighty force in driving communi-
ties forward
Imperial Valley press., 1923-12-04

word to the bunny that we have if
And when he comes to gcs it we II
nibble bim!"
Softly the Fox crcpt up to take
the bunny wrist watch. But
though Uncle Wiggilv slept the
cricket did not. And, all Of II sud,
den as the Fox reached or to take
the watch, the cricket inside open,
cd the cover and, jumping out, bit
the Fox on tie end Of his nose.
Oh, wow' Double w0wi What S
this--a bitiI'g wrist watch! Oh,
what a surprisc'' howled the Fox,
and away he ran, not getting the
watch after all.
'Ha! na'" laughed the bunny
when he awakened. "That was a
good trick. Thank you, jolly Criek
et!" Then the cricket hoped back
INSIDE the watch aud licked merri-
Iy 1way. And when he watch
works were cleaned and put back
in the ease the cricket went to his
place by the warm fire and all was
well
So the Fox and Wolf had no nib
blcs that time. And if the ice man
doesn T bring il q SNOWFALL for the
gas stove to play with, II tell
YOU next abou, Uncle WJegly AMI
the stickum plaster.
Imperial Valley press., 1923-12-04
LOCAL COTTON BROKERS SOUND
CHERRY PREDICTION FOR FUTURE

. T. j. West company, cotton brok.
ers of CaleXieO and Phoenix, in their
weekly resume of the cotton situa-
tion, printed herewith, reiterate the
fact that no relief is in sight for
the present cotton shortage for at
least two years, and back up the
assertion with interesting facts and
figures.
The report follows in full:
The cotton market continued its
advance the past two weeks until
future options had passed the 81
cent mark where heavy realizing
and profit-taking sales broke prices
to the extent of 81 per bale. This
break improved the technical posi-
tion of the market and sharp re-
action took place during the Iast
hour S trading on Saturday morn
ing on the New York cotton ex-
change, all options advancing - 10
so points from the low, closing 50
to 60 points from the season. s high
prices.
The fundamental principles un-
deriving the strength of this mar
ket are sound and aside from tenn
porarv reactions due to the so-called
technical position of the future mar
ket, we believe this season. s prices
will eventually reach record break
ing levels, even passing the prices
established in July; 1920, the high
est since Civil war days. That fig
ure was 1875.
For the first time since those DAYS
the world is faced with cotton
famine, something the south has of
ten dreamed of, but never before
realized. The American crop will
not exceed 100000 bales, but u.
100000 bales available for world
consumption to meet demand of
100000 bales.
Next Year Even Worse
Unless the United States raises
over 100000 bales next wear.
which is very unlikely, as we have
raised but one crop of that size since
1914, the scramble for cotton next
fall will put prices and basis much
higher than present figures. The
European mills are buying cotton
every place that spot cotton is of
fered, while American mills are buy
ing future contracts which they will
Imperial Valley press., 1923-12-04
PickfOrd Film
Reveals Mary
In New Role

Film enthusiasts who have ALWAYS
maintained that Mary Pickford is
capable of portraying only the child
roles in which she has ALWAYS been
featured, have surprising treat in
store for them tonight and tomor-
row might at the Palace theater in
the showing of the fart famed
"sRosita." Mary has been earnestly
working on the stupendous picture
for months and worth while results
are quite evident in the stupendous
settings and lavish costuming in
which the picture abounds.
1t is quite exhilarating, to say the
least, to see the dimunitive Mary
with hair piled high on her head en-
acting the part of Spanish street
singer and reaching emotional
heights one might expect of a Pola
Negri or Pauline Fredericks. The
delicate handling of the scene with
the questionable king is one Of the
clever spots in the picture as, in the
hands of one less skilled and subtle,
the scene might SAVIOR of the ordi-
nary.
The role of the king, ably inter
preted by Holbrook Blinn, and the
part of Don Diego, portrayed by
George Walsh, are worthy of com
mendation, while the mother of Ro-
sta, fat, 40 and greasy, becomes a
riot of mirth in the hands of Nine.
Mathilde Comont.
Imperial Valley press., 1923-12-04

call as needed. American spinnerS
will find themselves with nothing
but low grade cotton on hand. We
believe the present low basis for
low grade cotton will improve and
there will not be such a difference
between middling and strict low and
low middling grades. Don t be too
hasty about selling low grade cot
ton.
There are 157,0OO,O00 spindles in
the world today which, working on
a normal basis, would consume 49,
100000 bales of cotton per year.
During the past two years, in spite
of unsettled political conditions,
strikes and disasters, they have
consumed 100000 bales, during
which time the world has produced
but 23,000,000 bales. The largest
crop ever grown in the world out
side the United States was 1911, 900
in 19221923, the next largest was
1859 900 bales in 1920-1921. The
average crop outside the United
States during the past ten years has
been about 6,500,000 bales. If the
world outside America can duplicate
its two largest crops during the next
two years, the United States must
produce more than 100000 bales
each year for the next two years
also in order to keep 125,000,000
of the world S 157,000,000 spindles
normally active.
Base by Next July
The warehouses of the world will
be bare of cotton by next July and
thereafter the world must spin as
it produces. If we don't produce
more than we have during the past
three years less than 100,000,000
spindles can be kept busy and the
world must 90 short of cotton prod
ucts. World consumption of cotton
is resuming its prewar activity and
the production grows less each year.
Cotton growers need not fear any
radical change in present prices for
several years to come as cotton can
not drop to anything like pre-war
or 1920 or 1921 prices until a sur
plus of several million bales can be
built up again and in the face of
present conditions such a prospect
seems far off.
Imperial Valley press., 1923-12-04
TEN YEARS AGO
Decamhar 4 1Qn2

The Holt Opera House block was
sold by W. f. Holt to a syndicate
composed of DR.. Virgil McCombs,
F. B. Fuller and Samuel w. Duna-
way, the sale being negotiated by
Edgar Brothers Realty Company.
The price paid, 100000, makes the
largest city transfer vet made. The
sale of this property marks the
first break in the full block of
buildings erected by Mr.. Holt, and
is in line with his policy of en-
couraging business firms to own
their own premises, and thus add to
the stability of the city.
/. w. Mccoy, formerly of this
city, and now of San Diego, is Wis
iting here today.