davidaulloa/AmericanStories huggingface dataset:
Evening star., 1923-12-30
LEADING RAILROADS
CLAIM new RECORDS
Car Loadings Set New High Mark.
Much New Equipment
=. Purchased.

Expenditures for new equipment
exceeding those of any previous year.
car loadings also topping previous high
marks and earnings aggregating a lit
tie more: than $50 over the year are
the outstanding facts of the railroad
industry Of. the United States. as
shown by reports from class carriers
to the American Railway Association.
Notwithstanding the railroads
handled the largest business in history,
ioadings exceeding even the high
mark of 1920. they have failed to
realize the moderate return contem.
plated by the level of existfne trans
porta tion charges" the association de-
clared. Earnings of class 1 carriers
are expected to approximate $9S0.000.
600 for the ca 'endar year, or Ave and
eleven-hundredths per cent on their
Interstate Commerce Commission for
rate-making purposes. Yet the rate
of return was higher than during the
and th-hundredths and In 1921
was three and thirty-three hundredths.
Complete reports for the first forty
nine weeks of the year indicate load
tngs for the year aggregating 49.844,-
600 cars, an increase of more than Is
per cent over last year and more than
10 per cent over 1920. the previous
record year. The effect OF 10 per
cent freight rate reduction effective
July 1, 1922, was to reduce. total
freight transportation charges during
1928 by more than $500,000,90o. the
association estimated.
During the year the class l railroads
placed In. service nearly 100000 new
freight cars and about 1000 new loco
motives, while they expended for fuel,
materials and supplies used in current
operation and maintenance approxi-
mately $500. 600, ,008.
Records show the average. daily
movement per freight car this year
was more than thirty miles, the
highest on record : At the same time
they established a new record in the
amount of coal moved, to Lake Erie
ports for water shipment up the lakes,
Evening star., 1923-12-30
ADVANCE IN OILS
I FEATURE 1N CURB
Week Sees Marked Strength in Pc
troleum Group-Indus-
trials spotty.
By the Associated Press.

By the Associated Press. -
NEW YORK, December 2s.-Display
Of strength in, the petroleum group
was the most important feature OF
the market on the New York curb
the past week. This fir1nness natu-
rally was based on the Improvement
In the oil industry, which was d.
rectly reflected In advances In the
price Of crude oil in many fields and
an advance In petroleum products
Friday. The standard Oil issues were
the most prominent on this move
ment, many Of those issues making
advances ranging from to Is points.
Magnolia Oil, which was one OF the
companies advancing its crude oil
prices, moved up 10 points, and a
gain Of over 10 points was made in
Standard OIL OF Ohio. Prairie Oil and
Gas rose more than 13 points. but
this advance was added to by the
fact that the stock sold ex-dividend
Of 81 Friday. There was heavy trad
ing In Standard Oil Of Indiana, that
stock moving UP over points. South
Penn gained 10 points. Mutual OIL
was a strong feature in the independ-
ent group.
There was a sensational culmina-
tion to recent heavy trading in South
ern States Oil. that stock which sold
as high as 33S on Monday being sus-
pended from trading on Wednesday,
and after the trading ceased on the
exchange, the firm most prominent in
It's market movements failed.
Industrial issues were irregular all
through the week. Special attention
was attracted by Statz Motor because
of Its fall from 9H to 6h. making a
new low record. Peerless Motor was
also extremely weak, and q decline
OF some points occurred in Checker
Cab.
Evening star., 1923-12-30
FRICK ESTATE PAYS
$10,000,0O0 IN TAX
Federal Government Receives
$e,33s, ,ses.es-Property
Valued at $4,000, 900.
By the Associated Press.

by the Associated Press.
PITTSBURGH, December 2g.-Near-
ly s1o.o00.oo0 in taxes has been paid
by the estate of the late Henry Clay
Frick, according to inventories which
have been filed here in the ONCE Of
the register Of wills. Taxes to the
amount OF ss.3ss.SsS.ss have been
paid to the federal government, while
the states Of Pennsylvania, West
Virginia, Kansas and New York have
received. respectively, S1,97s949.71,
S329,925, 3353,SSLO4 and $4,000. Also
sS22.553A2 was paid to the city Of
Pittsburgh and to Allegheny county
In taxes on real estate here. More
than a dozen states have received
smaller amounts. ......
Until the time Of the filing Of the
last previous accounting bequests had
been withheld from various bene-
ficiariess while money was being
realized through the sale of property
and securities. According to the
present accounting, during the last
year Adelaide H: c. Frick, Mr.. Frick's
widow, was paid $5,000,000 in cash
and securities; Helen Clay Frick, his
daughter. s4,40O.000; Childs Frick, his
son, $2,000.000, and Frances Dale
Frick, $2,000.0O0.
The inventories show that the value
of the estate, including real estate
holdings, stocks, bonds. mortgages,
from dividends and interest payments,
will not exceed $S0.000,000, indicating
a shrinkage from previously announce
ed figures.
Evening star., 1923-12-30
COTTON BARELY STEADY.
Declines Follow Opening in Satur-
day Trading.

NEW YORK, December 2s.-Open-
ing advances on relatively steady
Liverpool cables were followed by. de-
clines in the cotton market today
with March selling off from 1885 to
1882 and closing at 1886. The gen.
eral market closed barely steady at
net declines Of 20 to Al points.
The opening was firm at unchanged
prices to an advance OF 19 points and
there was some buying early on re-
ports OF better tone in the goods
markets at Manchester, the large spot
sales reported in the southern mar
kets late yesterday and prospects for
large exports during the next few
days. Fresh buying was held in
check by the usual weekend con-
alterations or the proximity of the
New Year day adjournment, however,
and the market soon turned easy un-
der realizing or liquidation
Reports from Georgia stated that
mill curtailment in that state was not
extensive, but that further curtail-
ment was probably early in the new
year unless there was an improve
ment.
Private cables said the steadiness in
Liverpool was due to spinners CALL
Ing and slightly improved spot de-
mand. Fall River sales for the week
were estimated 1000 pieces.
NEW ORLEANS. December 2s.-
Cotton futures closed steady at net
losses of rs to SO points. Close Jan.
uary, 35.11: March, 35.3Sa40; May,
36.15a1s; July, 34.36a4o; October
2s.40a42. Spot steady so points low.
er; middling. $3.50.
Evening star., 1923-12-30
Capital Traction's November
Earnings amount to $85, $50
{. & P. Telephone Company Reports
$4,000 Net for Same Month"; Columbia
Craphophone's Chief ASSETS Itemized.

companies. s1,2s5.00o. and good will.
patents and trade marks. S1.e0o.0oo. .
The main items In the schedule or
liabilities are s6,7s7.202 In hve-year
8 per cent gold notes outstanding
under a trust agreement Of August !,
pany of New York; William c. Bick-
ernnan. E. c. Mayo. Jay 8. Meyer. the
committee formed under agreement
of September 80, 1921, N.533,a20:
based on the adjustment OF claims OF
Company. Chase National Bank and
the Guaranty Trust Company of New
York, $1,332.066 each: Equitable Trust
Company, Che than and Phoenix Ma
tionaI Bank. SsS8.044: Bank Of Amer.
Philadelphia and the First National
Bank Of Chicago, $444.O22 each.
Following the appointment OF re-
ceivers on October Is the readjust-
ment committee, representing over 80
per cent OF indebtedness Of the COM
pany, formulated reorganization
plan, which was adopted November
Is. Under the plan two new COM
panieS were organized, one to con-
tinue operations and the other to take
were not required for economical
operation.
The operating company and the
Hquidating company each have $4,000
shares of no par value capital stock.
A holder of ten shares OF preferred
stock in the old company Is entitled
to purchase at 800 share voting
trust certificates representing five
shares OF stock of the operating COM
pany and five shares OF stock of the
liquidating company. holder of
100 shares OF old common can pur-
chase. upon payment Of 800 a share.
2.45 shares OF stock OF the operating
company and 2.45 shares OF the liqui-
dating company. Creditors partici-
pating in the plan Will receive 3.75
shares of operating company stock
and a like amount of liquidating
company stock for each $1,000 OF in
debtedness. principal and interest.
At the time OF filing the petition In
bankruptcy Columbia Graphophone
had outstanding s9.642,572 of pre-
ferred stock, $l2.986.512 common and
$6.000,000 fve-year 8 per cent notes
due in 1925. The stocks have since
been stricken from the New York
Stock Exchange list. while the notes
dealt In on the curb market sell
around 20. Interest on the notes has
not been paid since April /, 1922
Evening star., 1923-12-30

Capital Traction Company's earn
ings continued on their even tenor
during the month of November, amount
ing to $s5.95s-slightiy less than
$1,000 from the $ss.7s0 reported for
the same month of last year. In oc-
tober OF this year the company re-
ported a net income Of $92.sl6.
Railway operating revenues amount
ed to $sSs.s52. with expenses totaIing
$245.923. Taxes assignable to railway
operations aggregated s33.057. with
deductions totaling s25,4s7. including
$2S,sSs as interest on the funded
debt
Revenue passengers carried during
the period totaled 5,5eo,so1, a de-
crease of 25o,6ss from the same
month last year.
Phone Earnings Gain.
The Chesapeake and Potomac TeIe-
phone Company reports a gain in net
income Of approximately $4,000 for
It's November earnings. q total of
tlzs,s2S being shown for the period
In contrast with $1l4.25S for the
ssne sane oes month OF last year and with
= The gross revenues for November
were $4s6.s3l. an increase OF s11,442
over the previous month, which Is
due to increases in local and toll
message traffic attributable to, the
usual winter increase In general ac-
ttvity in the city.
The operating expenses for Novem-
Der were $324. .0e7, the decrease being
largely due to the fact that Noven-
her contained fewer working days
than the previous month.
T'nfQ1 H.
during November amounted to $780,
s76; retirements. $685. leaving net
plant additions Of $137,a7S. The total
net additions to plant and equipment
IN Washington for the eleven months
OF this year have been slightly in
excess Of sL250.o00.
Cclambin's Chief Assets.
The principal assets of the bank
rupt Columbia Graphophone Manufac-
turing Company are outstanding ac-
counts of $5.932.600; merchandise in
factories and warehouses. s4.5s3.40s;
cash In banks. $2,753,2s0; real estate,
I.s45,527; machinery and fixtures,
$1.646.701: investments in subsidiary
Evening star., 1923-12-30
INDIAN HOME RULE PARTY
IN 0NET0 FOUR MINORITY
Will Hold 2os of ea7 Places in,
Councils-Get al Out of 1O5
Assembly Seats.
Nv the Associated Press.

By the Associated Press. =.
LONDON, December 29.-Returns
from the Indian election are now suf-
f1ciently complete to indicate the
strength Of the swaraj, or home rule
party, In the assembly and in the
provincial councils. Results from 81
Of the los districts show that the
obtained Al assembly seats;
while in the councils avowed home
rulers will hold 208 of the 637 places
filled. There, are. however. 28 inde.
pendents who probably will support
the swaraj on any national" Quos.
ton.
.As the nominated and official mem.
bers of the assembly total 40 and -
the council members thus, chosen to.
tai 49,. the swarajists- will,t roughly,
Evening star., 1923-12-30
SILK OUTLOOK BRIGHT,
Activity. Predicted Early
in New Year.

NEW YORK, December 2e.-Greater
activity In the raw silk market may
be confidently looked for after the
turn Of the year. in the opinion Of
II. L. Gwalter & Co, who in their
weekly report state that conditions in
the fabric market are improving and
stocks of raw silk In the hands of
the mills are at an exceptionally low
ebb.
THE Yokohama market" says the
report. "has been very active since
the latter part of last week and
transactions for the last six days
amount to over $500 bales. almost
exclusively for American account.
Prices have advanced so yen a bale
and IL the activity continues are
likely to go still higher. Double ex-
ira As are quoted at 2,150 yen and
tram stock at 2,0a0 yen. with the
lower grades showing = tendency Of
drawing closer to the level OF the
better grades on account of the
scarcity of ready supply: Stocks at
Yokohama are reported at $4,000
bales Of white silk and 1900 bales
Of yellow silk.
Evening star., 1923-12-30
BOND PRICES GAIN.
Saturday Market Proves Interest
ing Session.

NEW YORK, December 2s.-Sub.
stahtiaT gains were recorded BY
wide assortment OF railroad mort.
cages in the brief trading period OF
today's bond market. st. Paul bonds
particularly, continued to move for
ward and the Denver and Rio Qrande
4s Jumped two points.
The volume Of trading was rela.
lively. large for q half holiday, hut
price changes for the most part were
limited to fractions.
Some Of the steel, sugar, rubber and
speciality company bonds found mod.
crate support, but there WAS no def.
mite trend in any OF those groups.
GeverAl South American Issues ad.
vanced Slightly while some OF tie
French nunicipals fell lower Active
United States government bonds
moved trregulariy within narrow
Evening star., 1923-12-30
CRAZED, SLAYER'S CHILD
DIES OF PNEUMONIA
Brings Death Toll Due to Woods
mans Frenzy to Seven-Ex-
posure Caused Death.
By the Associated Press.


AUGUSTA, Me, December 2s.--The
toll of death from the frenzy Of a
crazed woodsman at Whiteield and
Jefferson last Saturday, when John
Snow shot and killed five persons and
then took his own life, rose to seven
yesterday, when Marion, Shows in
fant daughter. died of pneumonia at
q state institution here.
The child became Ill as a result Of
exposure while being taken to the
home of a neighbor after her father
had killed her mother, aunt and
grandmother in the latters cottage
at Coopers' Mills, near Jefferson. A
short. time before Snow had shot and
killed the wife and son of Deputy
Sheriff Frank c.. Jewett at Whitefleld
when they refused to let him take
Jewetts automobile to visit his wife.
Little Marion was found unhArmed
in her cradle after Snow had shot the
three women and himself in the same
room.
The state authorities have not in
tervened in the investigation begun
by county officials into the exhuma-
ton of Shows body on Christmas day
and it's subsequent burning by un-
identified persons in the house where
the. shooting occurred.
Evening star., 1923-12-30
ROCKEFELLER, CARNEGIE
SCHOOL GIFTS END SEEN
Official of Foundation Says Com
munity Trust Will Become
Endowment Form.

By the Associated Press.
NEW YORK, December 2s.-Huge
gifts TO educational institutions. such
as have been made by the Rockefel-
Ter and Carnegie foundations, are
likely to end soon. it was predicted
Yesterday by Frederick p. Keppel,
nresident Of the Carnegie Corpora
tion, who spoke at the annual holi--
day luncheon Of Columbia University
new era Is dawning in philan-
thropy, both in America and in Eu-
rope. Mr.. Keppel said, and he as.
serted group giving in the shape OF
the community trust probably would
become the biggest form OF endow-
ment. This form, he declared, lets
in the little folks" as well as the
rich and has been copied in more
than forty cities.
Evening star., 1923-12-30
URGES JAILlNG DOCTORS
WHO USE GOAT GLANDS
Physician Says He Has Nom
Surgical Treatment for War
Bone-Sufferers.
By the Associated Press.

MARQUETTE. Mich. December 20.
A method of treating sufferers
from ostemyelites. including war
cripples who suffer from bone and
muscular infection due to wounds
without. operations and which. he
said, had been successful in a number
of cases under his observation, was
described last night by DR.. Max
Thorek of the American Hospital Of
Chicago, in an address before the
Academy of Medicine Of Marquette
and the Marquette Afger County
Medical Society.
The method which, he said, was
simple and available to every ply
sictAn, Is known as the aluminium
potassium nitrate treatment. This.
he hoped. would prove. a benefit to
Industrial cripples as well AZ others
suffering from injection OF the Lone
and marrow. - =
He declared physicians who prac-
tice or advise, the use OF sheep or
operations should be put in .iail. as
Of no gain to the patient, as. sheep
and goat glands either slough OF at
once or are absorbed in q few weeks
The only glands effective In shch
cases, he said, are those Of the an
thropoid ape and the human and
these do not effect fejuvenatfon, but
are effective in certain cases by the
use. of proper methods and technique
in arresting decay.
He said be had In the past made
many oxpeftments In sheep and eoGs
gland transplantation, which were
failures. ssssszss>
Evening star., 1923-12-30
DRY GOODS STEADY.
New Lines Of Fall Goods to Re
Shown This Week.

NEW YORK. December 2s.-Cotton
goods markets were steady and quiet
today. Yarn prices ruled firm in
spinning centers with the demand
light. New lines Of fall ginghanns
will be shown next week, Reports
from mems wear channels state that
advances for the fall OF 1894 will run
from IN to 10 per cent. irregularly.
Owing to the light demand for mems
wear worsteds there will be . larger
diversion of looms to women's wear
next year. Better business for silk
manufacturers Is generally expected
in the trade, the demand for dress
fabrics having quickened OF late,
Linens were dull and burlap quiet.
Evening star., 1923-12-30
COPPER PRICES SHADED.

NEW YORK. December 29.--with no
Improvement in demand and with for
tendency, rather an unsettled tone has
developed in copper during the past
week. There has been no particular.
selling pressure. but prices have been
shaded. and while producers are hold
tng for 13k for forward deliveries in
some instances, nearby metal IL said
20 - available q the 13 cant leyel, and
the drst quarter II quoted at 13 to
Evening star., 1923-12-30
Fail of Franc ComPlicates
Mode of Liuing in France
Depression Brings Question il, Mind of
People as to Probable Cause by
Policy of Occupation of Ruhr.

to tremendous risks. Moreover, re-
construction is not finished, and one
wonders what taxes will be after we
borroy fifty more billions on which
1t Will be necessary to pay interest
A government which would boldly
tackle this problem and produce. q
vigorous solution would. the writer
thinks. be Immensely popular, despite
inevitable complaints at the outset,
Many think Frances own house
should be put in order before an at
tempt is made to settle foreign prob
lens. When shall we begin? Nobody
has answered yet but that Is the
question OF the hour.
Evening star., 1923-12-30
CoTT0NsFTD on HIaHrR,

NEW YORK, December 2s-Cotton.
seed oil advanced to 10 points through
covering Of shorts and local buying, on
the strength In lard and Wall street,
but reactSd somewhat upon the; tender
prices were 3 70 points net higher.
6eies, 1900 barrels. Prime crude, $50
nomipal; prisne. summer yellow, spot.
q: :soal1 q yenua.Z !. elo.se 1885,,
Evening star., 1923-12-30
FLOUR PRICES STEADY.

MINNEAPOLIS. MIMI, December 60
Flour unchanged: shipmsnts, 51,7S5
barrels. Bran 25.50A57.oo. Wheat,
i:osK; May. 1.i2X July. i:issi. Corr,
No. 8 yellow. 81 n a65. Oats, No. 4
white. .40a4ok.. Flax, No. !, 2.3sa2.l2.
Evening star., 1923-12-30
protection General polfcy.

Protsctionism, indeed, comes under
the head of . general policy, and no
specific remedies can lower prices as
long al the prime necessities meet
high barriers at every frontier. Ap-
pArsnt1y. nobody cares to look the
whole problem in the face.
Consequently. France stands In
state of decided unrest. Government
bonds. OF which almost everybody
holds some, have 1eclinsd. Aanufac-
turers are doing big business, but.
ducfuationA OF exchangA expose than.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1923-03-09
SLOW UP OR SPEED?
BOND QUESTION.
AVERAGE LAST TWO YEARS
ALMOST TRIPLE 1928
TOTAL WITHOUT
BONDS.


About $6,50o,0 900 win be used on
Minnesota trunk highways this year,
if no bonds are authorized, and al
most half the amount must go for
repairs and upkeep. Federal aid
included, there will be less than 3d.
soc, 900 for new construction. The
total win be about one-third that
raised for use on the county and
township roads.
Last year more than $40, 100000
was used on the system and the
year before the total was $12,-
100000. New construction funds
were upwards of $8,000,000 and
$40, 100000 respectively, and aver
aged nearly three times the sum
that will be available this year with
out bonds.
The official figures in the high
way bulletin are addressed to citi-
zens resting on the false assump.
tion that without bonds the highway
program will continue to go forward
as in the last two years. Instead
of going on past schedules. the bull.
letin adds, the progress will be one.
third as great; many improvements
which bond money would build this
year will>Yait three years and some
on next years list with bonds viii
wait as long as six years.
"The bond plan will set the high
] way program ahead FIVE years." wal
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1923-03-09

| the official announcement now borne
out by the actual figures. ut viii
give the public the use of more
good roads in each of the next
twenty years from the same road
funds. It will distribute the cost SO
that this generation will have the
use of more good roads promptly
and the next generation will have
good roads to far more than offset
the amount of debts against them.
farmers, business men-all clas-
ses of citizens" the bulletin con-
tinues, care continuing demands
for road improvements on the state
highway department and on the
boards of commissioners in all
counties. -
The state highway department of
fers the bond plan which will make
possible the fulfillment of those of
these demands-hasten every i'm
provement asked for and all without
any increase in taxes.
Here are the outstanding points
of the highway bond plan:
No road or auto tax increases
will result.
Bonds and interest will be paid
wholly from motor vehicle taxes
through the trunk highway sinking
fund required by the state consti-
tuition.
Projected highway improvements
are public necessities which must be
made by the state within a few.
years at most.
Highway construction costs now
are back to pre-war levels of 1917
the lowest of record and below
those in prospect, experts advise.
Permanent improvements will
mean savings in maintenance to
more than pay all interest on the
bonds.
No increase will be necessary in
the agreed SIS average tax on auto
mobiles and all bond figures are
based on that rate.
Bond money will be used only for
permanent improvements which will
last not less than 20 and as long as
100 years-right-of-way grading,
etc.
Longest mileages to be improved
will be of grading and crawling,
pavement to be built only where
economy demands.
Bond plan will give the public
the use of more, good roads every
year, and especially during the next
five years-will put six years build
ing into two years.
The bond proposals are to apply
the best business practice to the
highway program and they offer the
only method of relieving the tax
payers of today of the burden of
| paying for past and future as well
as present mprovements-give them
fairer measures for their highway
dollars.