davidaulloa/AmericanStories huggingface dataset:
, 1923-01-29
RAIL SHARES IN
STRONG DEMAND
Popular Issues Lead Way to
Higher Levels on New York
Exchange

usually good December earnings state.
ment, feature today's session OF the
stock market. Industrials generally
were reactionary during the early
part OF the session but rallied towards
the close in sympathy with the broad,
ening demand for the railroad shares.
Meanwhile a sharp reaction took
place in foreign exchanges. and In
French bonds several Of which
dropped to their lowest prices on
record Sales appruximated 100000
sharea
NEW YORK, Jan. as-Buying Of
railroad shares impaired a firm tone
TO opening prices in today's stock
market st. Paul preferred was push
ed up n point and Baltimore and
Ohio advanced fraotionally to 46h. a
new high record for the year. Other
low priced rails also We're in good de-
mand. California Petroleum. United
Fruit and May Department Stores
also made good initial gains. Kresge
broke four points and Steel and Tube
preferred dropped III.
Baltimore and Ohio extended its
gain to IN and WA followed into
higher ground by st. Louis South
western up X. Public Utilities i'm
proved under the leadership OF Con-
aolldAted Gas. new stock. which ad-
Vaneed q point. Moderate improve
ment also was noted In American
Smelling. Reynolds Tobacco, Good.
rich and Corn Products. Steel and
Tube preferred extended It's loss TO
AZ points and Allied Chemical and
Royal Dutch each dropped n For
aign exchanges were heavy. De-
mand sterling dropped n cen to
$4.63h and French francs dropped
az points to $3.50. German marks
dropped to .o031 cents, or approx
mately a2,250 to the American dollar.
Publication OF additional December
statements showing exceptionally
good net earnings combined with re-
ports Of a continuation OF heavy
traffic movements on most line stimu,
lated the demand for railroad shares
more than a score Of which advanced
/ to 3 points. Sales of low priced
issues were unusually heavy, Among
the stocks to advance two points or
more before noon were so, "Nlckel
Plate" St. Paul preferred. Baltimore
and Ohio. Chicago and Northwestern.
Good buying power also developed in
a few industrials and spccialties,
notably American Smelling and
Reynolds Tobacco "B'. all up 2 to
nearly 3M points. Bayuck Tobacco
dropped 4 points and the preferred
eleven, Steel and Tube preferred ex.
tended its loss to nearly Q points.
Call money opened at AZ per cent.
The rising tendency OF railroad
stocks showed scarcely any let up.
Baltimore and Ohio mounting to 4sh;
elsewhere fluctuations are somewhat
confused with pressure developing
against some OF tho steels, domestic
offs, equipments and motors, Steel
and Tube preferred extended Its drop
to 1oK points, while Bayuk fell 5&
an Kelsey Wheel 4 points. Gulf State
Steel. Baldwin. United Retail Stores.
Chandler, Pacific OIL. California Petro-
Ieum. Inspiration Copper and Lehigh
valley were depressed ! to IN.
KreOgo rallied from 2o7 to ala.
Tho closing was GtrorN. Carrier
stocl1s continued In good demand right
UP 10 the close, investment shares
rising briskly In the later dealings.
The strength Of these issues induced
covering operations in a number of
the industriais which had been de-
pressed previously.
, 1923-01-29

OMAHA. Neb.. Jan. &c g. De.
partment of Agriculture .rHogs-Re.
ceipts $500; 16925c higher; bulk
packing grades s7.15a7.s5; bulk
butcher hogs ss.0oas1o; top $500.
Cattle-Receipts 1000; beef steers
sow. steady to 15o lower; bulk steers
S7.a61s.76; quality plain; she stock
and bulls steady to weak; bulk cows
N,oo8b.bo; heifers s5.26@S.5o; bologna
bulls 13.764A.25j veals steady to
higher, top MOO stocers and feeders
steady; top ss.aB.
Sheep - Receipts $1,000 killing
GLASSES strong to ESQ higher; early
Bales of Jlambs S1s.5o814.eo; best held
at S14.T6i bulk light ewes s7.7597.9o;
best wetheTs $3.50; feeders around
steady s14.4o paid for ss pound. feed
ing lambs.
, 1923-01-29
conf Assured for Seal MING.

The settlement Of the o a mining
wage scale dispute insures operation
Of the steel mills In tho Pittsburgh
district ne April first at a rate
limited only by the labor supply.
, 1923-01-29

German Marks at the opening this
morning reached q new low when the
quotation Of 25. 900 for 81 was made.
, 1923-01-29

MARKET Gossip AND Field NEWS
RESUMED At baxter.

Open weather for the past month which has prevailed in
the Baxter Basin district has enabled the companies operat-
ing there to reach the field by truck and operations have been
resumed after being closed down in some cases owing to ex-
IRENE cold and snow.
The Associated-M is drilling on It's No 1 and il.
, 1923-01-29

with standard rig TO put down deep
test for oil on a 1880 basis on my To-
cation In proven field, near oil Bsep.
20 miles west Of Casper. Write Albert
Hopp. Bradford, III.
, 1923-01-29

A midget watch made by a Geneva
matchmaker measures only ono.
sixteenth Of mn inch across tine dial,
j. forms tho top Of y gold peHhoId,
er, and though 10 tiny, ksspI excel.
iLnt time,
, 1923-01-29
Butter and Eggs

CHICAGO Jan. 2s.-Butter unset
tied: creamery extras 40: standards
47Mc; Axtra firsts 47@4sc: firats 45h
@4shc: seconds 44@4bc.
, 1923-01-29

Cash Grains.
CHICAGO. Jan. 2s.-wheat No. 2
hard 1.16x.
Corn No. . MIXED 7o@71; No. 2
yellow FOX HI.
Oats No. 2 white 4sA o No. 3
white 42h644.
Rye No. Q. seh @sek.
Barley 6sQ66.
Timothy seed 6.oo0s.5o.
Glover seed 1s.5e12o.5e.
Pork nominal. Lard 11.25. Ribs
1o.6o@11.Bo.
, 1923-01-29
lone

NEW YORK, Jan. 2s-cai money
nrmer; high 81 low AZ; ruling rate
AZ; closing bid 4hI offered at 8; last
loan 8 call cana against acceptance a.
time loans gtehdy; mixed collateral
$3.50 days 4h84%; 4-6 months; $40
AZ; prime mercantile paper Ah44A.
, 1923-01-29

oil leases, reaI estate, owners Of
Teapot townHite, Representatives
wanted. Call or write Us. Teapot
Developments Co, 9fS Midwest Bldg.,
, 1923-01-29
SILVER

NEW YORK. ian. 2a-Foreign bar
silver e4Js; Mexican dollars 4eh.
, 1923-01-29

DULUTH. MINI, Jan, 7s-cloSinE
cash prioeHI Flax seed, January,
Fa.GsH bid February, ga,77h Asked
May t2.bs% bid July s9,54A asked.
, 1923-01-29

Cotton.
NEW YORK, Jan. 29.-spot cotton
stsATi middling $500.
, 1923-01-29

Meet mo a tho smOIro HOUSE.
, 1923-01-29

Publish January 20 and February
5. II, 10 and 20, 1923.
, 1923-01-29

Publish January 20 and February
8, 10, 10 and 26. 1928.
, 1923-01-29

Publish january 20 and Februar!
8, II, 10 and 26, 1923.
, 1923-01-29

Publish January is, 20, 90, and
8 and ~, 1923.
Imperial Valley press., 1923-05-10

ers gathered with their children six
years and under and spent de-
lightful afternoon. A splendid
program was furnished and refresh
ments served during the afternoon.
Imperial Valley press., 1923-05-10

government is based. This is due
to the injection of the spirit ol
sovietism, radicalisn, and, without
injecting any religious controversy
atheism. A mans religious belief
may be his own but the safeguard.
ing principle Of Christian efforI
must be the controlling belief ol
the people Of this country II thel
are to maintain nation which will
have honor, stability, and power.
"America-particularly industrial
America-is in transition. B,000,'
600 of our boys and girls havd
never had any religious or more
education-they are infaihniablA
material. The ideas Of the gener!
alton coming into control In Amer
lea are very different from thd
ideas which governed AmericsI
life twenty Or thirty years ago
If we are to reach those who ard
listening to the demagogue, TIL
agitator, and the self-seeker, vi
must parallel the preachers voic4
and the printed page with the MOI
ton picture" q
Imperial Valley press., 1923-05-10
Tax Collections
Indicate We're
More Prosperous

Reflecting steady expansion in
retail and Wholesale business in
Southern California, Collector Rex
Goodceli yesterday gave out figures
for April collections Of sales taxes
and manufacturers excise taxes
which show increases ranging from
20 per cent to $50 per cent over
April Of last year.
Manufacturers excise tax, that
accepted barometer of active bust
ness conditions, furnished receipts
of $10o, ,693.43, a gain of 81 per
cent. $. ...
Sales Of stamps which are used on
bonds, stocks, conveyanccs, etc.,
were $115, ,l68.46, an increase Of 7S
per cent.
Estate tax receipts were 1884 ,6S2-
81, gain Of 72 per cent.
Manufacturers paid tax on sales
of $260,950 worth of auto trucks, a
gain of SO per cent.
On tires, inner tubes, and auto.
mobile accessories, manufacturers
met tax on sales Of $1,421, ,740, a
gain Of 32 per cent.
Manufacturers sales of candy
were $507,67g, on which tax Of
$l5, ,3S4.0S was paid, q gain Of rs
per cent.
On jewelry retail dealers paid tax
of $52,515.63 on sales Of 81 ,050, 0,320,
a gain Of AZ per cent.
Receipts from manufacturers tax
on non alcoholic beverages were
$12, ,423.14, a gain of S6 per cent.
Taxes on admissions and dues
collected by motion picture theaters
and other places Of amusement were
$253,9O7.40, a gain of 20 per cent
This tax collection indicates that
the public spent 100000 ON
amusements during the month and a
taxapaid and fion-tax attendance of
100000. ~
From cabarets $7,218.19 was re-.
.ceived for admission taxes, an in
crease Of $50 per cent.
Capital stock tax collections In
creased % per cent, while social
and athletic clubs paid $28,7O8.50
on dues and memberships, d gain
Of 27 per cent.
Receipts from manufacturers
tax on 0leomargarine increased AZ
per cent, and from distilled spirits
~ per cent.
Imperial Valley press., 1923-05-10
Crop Rotation
Imperative For
Biggest Profits

Crop rotation must be given care
full consideration by Imperial Val
ley farmers, according to Clark w.
Adair, if the best results are to be
obtainca here. As a practical and
successful farmer, Mr.. Adair has
given considerable time and effort
to soil fertilization and crop rota-
tion. On the latter subject he says:
"The reason for crop rotation has
lately been discovered to be vanil-
Ian. Vanillin is a toxin produced
by the plants themselves, which is
injurious not only to them, but to
other plants to a greater or less de-
gree. The farmer who continuously
raises the same crop upon the same
land, is headed toward bankruptcy.
QUESTIONABLE Soon
"The soil fertility committee of
the Associated Chamber of Com
merce will soon send out question
aire to farmers in an effort to ascer-
tain which crops should follow each
other so that production may be in
creased. Profitable crops will be
the reward of faithful and intelli-
gent effort of the farmers. Legum-
inous crops are the great soil build
ers but they cannot overcome the in
furious effect of the vanilln.
cit is worth while for each farm
er to discuss crop rotation with his
ncighbor and exchange experiences
with the different crops. In this
way much valuable information may
be obtained. With proper planting
of leguminous crops and rotation Of
both the cover and other crops, the
valley will become greatly improved
and more profitable crops thau ever
before will be the result
Imperial Valley press., 1923-05-10

The annual Northern California
Roundup was held on the Deer
Creek ranch between Chico and Red
Bluff, April 1922.
Imperial Valley press., 1923-05-10
Railroad "Vets"
Make Merry at
S. F. Convention

SAN FRANCISCO, May 1o.-In-
teresting stories of adventure and
of empire building in the early
days of the west were recounted
here today at the annual reunion of
Southern Pacific pensioners.
Several hundred veteran rail
road men, many of whom were ac-
companied by their wives. journey
ed to this city for the reunion held
in commemora;:on o. tie driving
Of the "golden spike'' at Promon-
tory Point, near Ogden, on May
10, 1869, as the connecting link of
the first transcontinental railroad.
Double Celebration
Today's meeting marked the fit
tyfourth anniversary of the histor-
ic ceremonies at Promontory and
also the sixtieth anniversary of the
ground breaking at Sacramento
when on January s, 1863, construe-
ton work was started on the Cen
trail Pacific railway as the western
link of the transcontinental line.
The veteran of veterans in
point of railroad service at this
year s reunion is John Barrett, now
a resident Of San Francisco, who
began his railroad career in July,
1865. Barrett, whose first work
was that Of mule skinner on a
construction gang of the Central
Pacific, parent organization of the
Southern Pacific, had Sc years and
9 months of service to his credit
when retired ON pension as train
conductor ON the Tuscon division
a year ago.
Charles Harvey, who was in ac-
tive service for 90 years before be-
ing retired fSom duties as black
smith at the Sacramento shops, is
the Oldest pensioner in point Of
years. He is 96 years old and is
the only survivor Of the initial
group of employees to be pensioned
by the Southern Pacific in 1908.
Eleven Of the veterans are mem
bers of the Fifty year" group of
pensioners, having been in active
service for SO years or longer be-
fore being retired. They are, in
addition to Barrett, J. o. Wilder,
Sacramento; Benjamin Newton,
Livingston; William Hood, retired
chief engineer, San Francisco; J.
B. Lauck, San Francisco; H. Engle.
bright, Oakland; R. H. Moore,
Oakland; Thomas K. Diyiny, Sac
Imperial Valley press., 1923-05-10

Apricot growers are busy thin
ming their crops in Alameda county
Imperial Valley press., 1923-05-10
BILL REGULATING
MOTOR CARRIERS
UP FOR ACTION
BY United Press Leased Wire

SACRAMENTO, May 1O.-Facing
the assembly today as a speciai
order of business is the Duval bill,
one of the group of motor vehicle
measures which has created inter
est during the session.
Under the provisions of the Duval
proposal motor transportation lines
would be subject to a five per cent
gross tax on their revenues, the in
come going to the upkeep fund of
state highways.
AS originally introduced the meas
ure carried seven per cent tax,
but it was amended in committee to
the lower figure.
This bill, together with the Breed
measures also before the assembly
constitute extensive legislation for
the regulation of motor carrier
lines. The bills have been contest
ed by one of the strongest lobbies
at the capitol during the session
and their every consideration has
been spirited.
Civil Service Amendment
introduced by the special investi-
cation committee headed by Assem-
blyman Henry Carter, an amend
ment to the civil service statute of
the state aimed to prevent employees
donating to campaign funds is also
before the lower house.
The proposed statute change ac-
companied the committees report
in which it was charged that work
ere under the civil service have
been solicited for years to subscribe
to campaign expenses Of state Off
cials seeking reelection.
Imperial Valley press., 1923-05-10
HOLTVILLE
by Press staff Correspon dent

! HOLTVILLE, May 10. - The
Junior College baseball team de
feated the. Holtviiie High School
team in hard fought game Tues
day afternoon, with q score of
to IL in favor of Junior High.
Mr. and Mrs. d. D. German and
Mrs. Rex Maddox and children ac.
companied Mrs. Harvey McRobefts
to Ell Centre Wednesday on her
way to San Diego. Mrs. McRoberts
will visit with her brother in San
Diego for while and then go to
Utah where her husband is pre-
pairing home for her on their
new ranch there.
j. l.. Mcclellan is spending Il
| month at Jacumba resting.
, Going to Yosemite
Professor Wardrip will leave the
last of the week for the Yosemite
= National park where he will attend
the state convention of high school
principals. He expects to be gone
for week and will drive through
in his car.
Dan Oakley returned to San Di-
ego after a few days spent here
with his family. Mrs. c. l.. Shaw
and Mrs. Smith and little daughter
Georgia, accompanied him. Mrs.
Shaw will visit With her mother
until the end of the week then Mr..
Shaw will drive over after her.
/, Mrs. Smith s home is in National
City.
Kansas city Visitors
Mr.. and Mrs. Jean Hall are en-
tertaining Mrs. L. M. Morgan and
daughter of Kansas City for a cou
pie of weeks. Mrs. Morgan is a
cousin of Mrs. Hall g and has been
in Los Angeles for some time visit
ing a sister. After her visit here
she will return to her home in the
east.
o. P. Coe, travelling agent for the
National Athletic Goods company,
of San Francisco, visited the high
school Tuesday, taking orders for
future delivery in time for school
next fall.
The Eastside Sunset Home De-
partment met in an all day meeting
Tuesday at the Friends Church
north of town and had a potluck
dinner at noon, with about 20 mem
bers present. The day was spent
/ in the cutting and fitting of gar
ments, picture framing and the
making of book ends. This was q
| follow up meeting and the regular
meeting will be next Tuesday
when Miss Miller will be present
! and all members are urged to bt
present as some important busiiless
matters will come up.
From Santa Monica
Miss Zuna Shawver Of Santa
Monica is spending the week with
her uncle, George Shawver, at theil
attractive ranch home north ol
town. Miss Amanda Shawver
who has been spending the winter
with her uncle, will return with
her.
The w. c. T. U. held their Bah,
Party Wednesday afternoon at tn,
Methodist church where the moth
Imperial Valley press., 1923-05-10

A PLAN for the use of mo-
~ tion pictures to combat ra-
dical agitation and to create
D better understanding of Ameri-
can institutions, the most far
reaching and comprehensive ever
projected on a practical scale in
the United States, has been launch
cd by William H. Barr, President
of the National Founders Associa-
ton, and Col. John E. EoEerton,
President of the National Associa-
ton xof Manufacturers. Under their
guidance a national foundation is
being organized which will under
take the widest possible promotion
and development of the non-the-
atrical film for use in church and
schools.
In outlining the purpose Of the
foundation, Mr.. Barr declares:
"It is no exaggeration to say
thSt great social danger confronts
this country. It is found in the
fact that a large number of our
people are drifting from the funda-
mental principles upon which our
Imperial Valley press., 1923-05-10
SEELEY

sysEELEY, May 1C,-The boys.
sbaseballsAteam ssof Seeley Union
school, chaperoned by the teachers,
enjoyed a weiner roast by the river
Tuesday night.
The Edwards, who have been Wis
iting Mr.. and Mrs. L. w. Copeland
returned to their homes in Nevada
on Wednesday.
b j. d. Moughmcr, who has been
laid up several weeks with a dislO.
Imperial Valley press., 1923-05-10

Gated shoulder, is getting along
nicely now.
w. o. Husm, rural mail carrier, is
moving his dairy to Holtville where
he has another ranch. e
Lois Sprinkle who was quite sick
with typhoid fever is getting along
as well as can be expected now.
M. Kirshbaum of San Diego is
spending few days with j. w. Car
ter.
Joe Potter and sons and Delmer
Upshaw, formerly of Seeley, are
visitors here from Perris, California.
Imperial Valley press., 1923-05-10

ramento; Joseph Stair. Los Ange-
les, and james jefferson, San Di-
ego
Women Pensioned Too
Honors among the thirteen wo-
men pensioners of the railroad are
taken by Mrs. Nellie Bailiff Of Los
Angeles, who had been continuous
ly employed for 38 years as agent
operator at. Cabazon, a little sta.
tion east Of Los Angeles.
Special ears were provided for
the delegation of railroad veterans
from Louisiana and Texas who are
attending the reunion.
The pension system of the South
ern Pacific was established Janu-
ary ], 1908 and since that time 4
total Of 1904 veteran employees have
been placed on the "roll of hon.
or. The total expenditure fol
pensions to March 81, last, has been
$4,739,425.24.
Imperial Valley press., 1923-05-10
ELKS HONOR
MOTHER'SDAY
BY SERVICES

Sunday, Mother s Day, will be fit
tingly observed by El Centre Lodge
of Elks, in a public manner. The
regular lodge services in honor of
Mothers Day win be observed at
tonight s meeting, and Sunday the
entire membership of the lodge has
been invited to attend the First
Presbyterian church, by the pastor,
the Rev. George A. Hartman, who
will deliver an appropriate sermon
in honor of the day.
Mother s Day is observed on the
second Sunday of May, throughout
the entire country, when fitting tri-
butte is paid to all the mothers of
the country, both living and dead.
The movement first started by
wearing white earnation for u
dead mother, and a pink one for {.
living mother, on the second Sun.
day in May. The idea spread rapid
", and today there is hardly {, city
or town i'll the country that does not
set aside this one day in the year
to honor mothers. Instead of be-
ing limited to wearing flower,
beautiful services are held, some
times by the churches and in some
cases by entire communities.
Every Elk in the city is invited
to participate in Sundays services
which will be held in the morning.
The Elks will meet at their lodge
rooms at 1920 a. m. corner of Sixth
and State streets, and march in a
body to the church. Special seats
will be reserved for them, and the
officers of the IoGge request good
turnout of members.
Imperial Valley press., 1923-05-10
Bright Lights to
Twinkle at Reno

RENO, New, May 10. - Bright
lights will sn,le Tor members of
Reno's divorce colony.
That was decided at city cleo
ton yesterday, the count today
showing that fotmer Congressman
E. E. Roberts, advocating liberal i n
terpretation Of Reno s city ordi-
nances, had been overwhelmingly
elected mayor.
Imperial Valley press., 1923-05-10
UNFILLED u. s. TONNAGE
. Is 7,288,5O9 TONS

by United Press Leased Wire
NEW YORK, May 10.-Unfilled
tonnage of the U. S. Steel corpora
tion on April 80 totalled 7,2SS,509
tons against 7,403,332 on March 81,
and 5,096,917 on April 30, 1922.
Coulee City dispatch. [volume] (Coulee City, Wash.) 19??-19??, 1923-10-19
WOULD CUT RATES
BY RAIL ECONOMY

NEW YORK.-"Direct savings in
excess of s92,OOO,OO0, equivalent to
a general freight reduction OF 1870,
could have been effected during
the past year if the railroads had
pooled their freight equipment in
meeting transportation needs" de-
clared N. D. Ballantine, formerly SUI
perintendent of transportation of the
Union Pacific Railroad, and of Amer
lean military railroads in France, in
an address before the Traffic Club
here.
The statement regarding the saw
ings possible by means of car pool
ing, said Mr.. Ballantine, was based
upon the figures issued by the rail
roads themselves These railroad fig
ures were used by Mr.. Ballantine in
supporting his plea for the adoption
of a national plan for the pooling of
freight equipment. Such a program,
he said, was the only way of eff
GENTLY and economically meeting the
unprecedented traffic demands now
being made upon the carriers.
Voluntary cooperative attempts to
effect economies had failed, Mr.. Bal
lantine continued. He pointed out
that the constant unparalleled viola
ton of car service rules, together
with the losses due to excessive haul
| ing of empty cars, with the inabil-
ity of the roads to maintain proper
standards of repair on freight equip
ment, had brought about condition
of decentralization" with no pros
pect of genuine relief in the immedi-
ate future. During the first five
months of 1923, Mr.. Ballantine show
| ed, cost of empty car haulage reached
a million dollars daily.
"The greatest need at the present
time" declared Mr.. Ballantine, sis
for coordinating agency in posses
sion of information to determine
what class or amount of equipment
is really necessary to best serve the
interests of the country as whole
Each road now has only it's own
needs in mind, and proceeds to meet
| it's own requirements regardless of
the general net effect, while some
weaker but no less vital link in the
national transportation machine, un-
able to thus look out for itself,
blocks and delays traffic for whole
group of other carriers.
During the past seven years
American railroads have added to
their investment in road and equip
ment more than $4,O00,000,0OO, or an
increase of % per cent spent on the
basis of individual and not collective
requirements. Yet the traffic require
ments of that period, expressed in
loaded car miles, are still below the
peak year of 1916.