davidaulloa/AmericanStories huggingface dataset:
The Nenana news., 1923-04-24
HENDERSON IS REELECTED
 COMMISSIONER EDUCATION

JUNEAU, April 24-Lester D. Henderson has been reelected ter ritorial commissioner of education, his retention in office having been decided upon at meeting of the +e-ri+orial board of education held on Saturday. His term expired on March 31.
 Some opposition to Henderson had developed among the members o1 the board but his retention had the indorsement of school boards throughout the territory. The oppo- sition, which was somewhat uneX- uected. became manifest about ten days ago. at which time 1t was claimed three members of the board were lined up to oust him. The first ballot at Saturdays meeting showed the governor, Chamberlain and Snodgrass in favor of Henderson's reelection. Brown of Nome, voted for H. L. Rowley, a teacher in the Douglas school, and Hunt, of ketch- ikan, voted for a member of the Juneau teaching staff. On the second ballot the reelection of Hender- son was made unanimous.
 EchOs .Of the m1up over the re- election of Henderson were heard in the senate yesterday when Sen ator Dunn introduced a bill pro- viding for referendum on the question of making the office of commissioner of education elective by popular vote or continued under the present arrangement of ap- pointment by the board. The refer endum is to be submitted at the next general election.
 The Dimond jury bill, which was passed by the senate yesterday provides for changes in the methods of drawing juries in district and commissioner courts and eliminates open venires selected by marshals.
 The Dunn resolution directing the attorney general to continue his investigation of the transportation question has been approved by the senate and also his bill empowering Indian villages to incorporate, with all the powers of towns of the se- cond class.
 The outlook for the passage of the women jury bill is brighter to- day, 1t having been indicated that the conference committee will reach an agreement shortly. The house has instructed it's committee to ask for an amendment allowing exemption on account of sex, providing claim for exemption is made not less than 20 days before the time set for the jury to appear in court.
 Representative Dan Callahan, who has been a member of the confer ence committee since it was first appointed, withdrew yesterday when the house so instructed the commit tee. He declared that he was elected as an independent and would not be bound by instructions from either Democrats or Republicans.
 Senate Bill 107, depriving the president of the Fairbanks college of the power to appoint but allowing him to nominate members of the faculty, was passed by the senate yesterday by vote of five to three Aver, Dunn and Dimond opposing the measure.
 The Snodgrass bill making the office of commissioner of education elective was tabled in the senate on motion of Snodgrass.
 Senate Bill 50, providing for the protection of the blue fox industry
The Nenana news., 1923-04-24

NJ. Singelton was among this mornings arrivals in town.
Evening star., 1923-10-13
FURTHER DECLINE
FORCED IN STOCKS
Coppers, Steels, Rails and Oils Go
Lower in Weeks
Trading.
By the Associated Press.

By the Associated Press.
NEW YORK, October 13.-Specula-
tive forces working for the decline
made further progress in this weeks
stock market, although the so-ca1led
pivotal industrial stocks offered stub
born resistance to selling pressure
around their previous lows.
There were a few constructive news
developments during the week such
as the declaration of the Sinclair divi-
dend, previously reported in danger;
a new high record in railroad car
loadings; reports of larger inquiries
for steel from railroad sources and
the usual optimistic statements on the
economic situation by banking and
business leaders, but the stock market
paid little or no attention to them.
Copper shares were sharply depress-
ed, Anaconda and some of the minor
issues falling to new low records for
the year. Rubbers also lost ground.
The continued shrinkage in the un-
filled orders of the United States Steel
Corporation and lessened production
shares. Motors and motor accessories
witnessed the usual seasonal Iiquida.-
tion.
The oils showed more stability, and
sugars developed intervals of strength
on reports Of higher commodity prices.
Railroad shares were unable to
maintain the rally which set in late
last week. operations for the advance
being suspended when 1t was dis
little outside participation.
Germany's currency continued its
downward course. French francs
showed marked Improvement.
Evening star., 1923-10-13
by STUART p. WEST.

Special Dispatch to The Star.
NEW YORK, October 13.-There are
| two reasons for the slackness Of buy
ing power which has repeatedly ex-
aggerated downward swings on the
stock exchange. The first Is the alb
sorption of an unusual amount Of in
vestment capital by new security Of
ferings. The second is the paralyz-
ing effect of high surtaxes upon the
market activities of people of wealth.
During the first half year nearly
81. 900. 900. .oo0 of new stocks and bonds
were listed In the New York market,
an increase OF $32o,0o0,o00 over the
same period In 1922 and of $620,000,-
600 over the first half OF 1921. Under
the urge of competing bankers and
banking syndicates local governments
and private business enterprises
then eager public.
Too Many New Offerings
The outpour eventually became ex-
cessive. Since the start of the new
fiscal year there has been a notice
able let-up in this new financing. But
In the meantime the practical result
has been to divert to an extent far
beyond the ordinary. investment
funds which normally would have
been attracted by falling stock
market. AS for the wealthy incom
taxpayer. his policy is to hold onto
the securities he owns. but to be slow
about engaging in fresh buying oper-
ations in which he must take all the
risk and receive only half the profit.
The weakening of these two ele-
ments of support. although not af-
fecting the final adjustment Of mar
ket prices to values, does explain the
tendency of speculative movements
to be carried too far temporarily.
Current Business Unusually Large.
The opposing views of the business
outlook remain at the close of the
week as they have all along. If COM
parison be made with the feverish
activity of last winter and spring,
there has been a considerable reac-
tion in many lines But IL the COM
parison Is made with normal situa-
tions the current voulme of produc-
satisfactory. but Is unusually large.
This, together with the caution
against loading up with surplus goods
and the unprecedented credit reserve
or the country. are the points dwelt
upon by those who express confidence
in the future.
Those who see things the other way
maintain that production will slump
as soon as old orders are used up
and that consumers will continue re-
luctant to pay the higher prices de-
manded on new contracts. Finally.
they maintain that. unable to pass the
increased cost OF labor and materials
on to the public. business will have
to be content with q slim profit.
On this latter point the third quar-
ter earnings statements of the big
industrial companies should throw a
good deal Of light. The steel pro-
ducers were at work all through the
period on low-priced old contracts,
while paving Is per cen. more in
wages Their reports ought to es-
tablish just how much there Is so
far in the argument of the "dwind-
ling profit margin"
Railroads Carrying New Business.
The contention that the record
breaking railway car foadings are a
measure of business booked six
months. ago, rather than of present
activity, is getting all the time hard e r
to substantiate. This might be true
|! If the bulk of the country's business
Evening star., 1923-10-13
WORLD TRADE NOW
LOOKING UPWARD
Britain Notes Big Increase in
Exports-Tourists Lavish
With Money Abroad.
By Gable to The Star and Chicago Daily New
Copyright, 1923.

By Gable to The Star and Chicago Daily News.
Copyright, 1923
LONDON, October 13-World trade,
SO long depressed, has entered a new
and better phase. with every indica-
ticn Of rapid Improvement, according
to British bankers and economists.
Great Britain's trade figures for Sep
tember just published, show a re-
markable increase In exports. amount
ing to f3,700,O08, over the figures for
August.
Orders for manufactured products,
such as steel sheets and building ma
terials, are flooding many Industrial
centers, especially in the Wales steel
section, where the output has been
sold up to May of next year.
Rapid Trade Expansion.
The rapid expansion OF trade is re-
sponsible for the recent astonishing
statements regarding plans for infia-
tion of the British currency. These
plans naturally do not contemplate
any positive imitation of the pound
sterling, but call for negative pol
Icy designed to halt defation, which
many authorities hold was carried
out far too rapidly.
In particular instances, such as the
Wales steel industry, the upward
movement of trade has been in
fiuenced largely by the Japanese
earthquake, which caused enormous
demands for construction materials.
Other elements. however, prove that
the worlds buying power has been
increased generally, regardless of
local influences.
Some Degree of Optimism.
For the first time since 1921, some
degree of optimism prevails in trad
ing circles, replacing the gloomy fore
bodfngs occasioned by the French
entry into the Ruhr and Europe's fail
ure to settle the outstanding difficult
ties regarding reparations. Some
doubt exists as to whether the re-
covery of the world would, have been
accelerated If France had not entered
the Ruhr, but that does not dimin-
ish the satisfaction over what recov-
cry is now evident. 1t effectually
silences the political prophets who
held that occupation of the Ruhr
would definitely halt trade recovery.
Many British industries face an ex-
ceedingly hard winter, but apparently
the depression Of these has been over
come by renewed vigor in other lines.
Tourists Flooding Europe.
The desire for travel. unsatisfied
during the long years of the war,
shows no signs of diminishing after
five years of peace. and continues to
bring from the countries least af-
fected by the war thousands of pros
porous tourists. Americans in par
ticular have added vast sums to
Europe's treasures during the past
season, which began earlier and con-
tinued later into the autumn than
even during the pre-war years. This
stimulant of international trade is
recognized as one of the brightest
omens.
Evening star., 1923-10-13
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

DENVER, October 13. - Colorado
corn growers are smiling with sat
isfaction with the largest crop ever
in prospect. The forecast is for 31,-
100000 bushels compared with 49,
0O0. 900 last year.
SEATTLE, October 1s.-Estimates
show that there Is now in sight
7.243.000 cases OF canned Alaska.
British Columbia, Puget sound and
Columbia river salmon. compared
with 100000 cases last year.
ATLANTA. October I3. -" "Roofer''
mills, small portable saw mills oper-
ated by independent producers. are in
creasing their output now that much
of the seasons work on the farms is
over. These plants turn out framing
and sheathing and dispose of their
products close at home.
GARDEN CITY. Kan. October 13.--.
The sugar beet crop in this section Is
the best in many years. Estimates for
Kansas, Colorado, Wyoming and Ne
braska place the 1928 yield 6 per
cent over last years.
HOUSTON. October 13-The condi-
tion OF rice in Texas has dropped TO
S5 per cent of noraml, as result of
delay in harvesting and threshing and
losses due to rains in September. Most
of this damage was to early varieties
The yield for the state is estimated
at 100000 bushels.
Evening star., 1923-10-13
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star ONCE

The last few months attempts to
support Durant stock in the markets
have been abandoned. it has been
left to take care of itself. and the
unloading even of small blocks has
been attended by severe declines.
A stock in this position is apt to
have an equally abrupt rally and IL
was one Of these rallies which
occurred today.
The curb oils, like those on the
stock exchange, had evidently got
over what shock had been occasioned
by the California price reductions
earlier in the week. Also reports
that production in the California ter
ritory was on the decrease had a
steadying effect. Vacuum oil, stand
ard OF indiana and Prarie oil were
all firm and fractionally higher. Inde-
pendent oils, like Salt Creek, where
they were dealt in at all, were some
what higher.
Reading coal rights were in better
demand getting ready for their trans
fer to the stock exchange. Gillett
Safety Razor rose a point.
Evening star., 1923-10-13
WEEK SEES WHEAT
|NNEW UPTURNS
Corn Also Scores Fine Ad-
vance Due to Scarcity for
Immediate Delivery.
By the Associa ted Press.

by the Associated Fress.
CHICAGO, October 13-Material
new upturns in wheat have occurred
this week. largely owing to a reduc-
ton of the government estimate of
the domestic spring crop and as re-
suit Of definite steps toward possible
increase of the import duty on wheat.
Compared with a week ago. wheat
this morning ranged from " to "a
higher, corn showed 1Aa1s advance.
oats were a to 9s UP and provisions
varied from zoe decline to 30c gain.
Corn available for immediate deliv-
cry was so scarce that corn and wheat
became virtually equal in value, an
event seldom witnessed. Later the
market reflected favorable weather
for cutting and husking the new crop.
Oats advanced slightly with other
grain.
For the most part, provisions were
lower, affected by weakness of hog
values.
Evening star., 1923-10-13
Flood of Ne,U Security Offerings
Has Curtailed Buying Po,uer
High Surtases Also Keeping Rich People
From, Trading in Stock Market.
Business Outlook.

were taken on long term contracts,
but it Is not. The mass of the mer-
chandise traffic passing over the rail-
roads calls for comparatively quick
payments and Is therefore of recent
origin. Moreover, according to the
latest oficial figures. this. class of
business Is on the increase. If further
corroboration Is needed. IL is afforded
in the sales of the chain stores, the
mail order concerns, and other agen-
cies of distribution, which certainly
show no let up.
The main question. consequently, is
not as to the reality OF the present
business volume, but as tc whether 1t
Is being conducted at an adequate e
profit.
Evening star., 1923-10-13
BETTER CAR SERVICE,
Railway Age Notes Marked Change
In Railroad Operation.
PUBLIC UTILITY

CHICAGO, October 13.-The short
age of freight cars SO noticeable in
the peak transportation on the rail-
roads in October, 1892. is not notice.
able this year, according to the Rail
way Age, railroad magazine, which
places the credit for this in the more
efficient handling Of cars.
"The number of new cars rut in
service from January to September
l was 116,117." statement of the
Age said. Nevertheless, the number
of freight cars owned by the RAILWAYS
increased only from 2,307,3s7 in June.
1922, to 2,316,265 in June, 1929. This
is due to large number being re-
tired from the service
Evening star., 1923-10-13
WOOL EXPORTS HEAVY.

BOSTON, October 13 (Special).-
The export movement of raw wool
continues to feature activities in the
local market. Otherwise, this week
has been one of the most disap-
pointing to the trade for some time.
What domestic demand there was
came largely for row grades and
secured woods. Quarter-bIood fieeces
sold at 475a cents in the grease and
three-eighths bloods at So cents.
Evening star., 1923-10-13
RAIL HEARING DATE SET.

Investigation by the Interstate
Commerce Commission of the feasi-
bility of consolidating railroads into
eighteen or twenty systems will be
concluded at hearings here beginning
November 1.
Representatives of all sections OF
the country, all railroads involved
and all communities interested have
been heard but various points have
been brought up in the testimony
which 1t Is now desired to clear up
before the commission makes hnai
report. Commissioner Hall. who has
conducted the hearings to date. will
be in charge of the final sessions.
Evening star., 1923-10-13
FIVE-CENT PIE HINTED.
Huge Pumpkin Crop Revives Mem
ories of the Past.

cries of the Past.
MULLICA HILL, N. j., October 10.
Pumpkin pies are now in season,
with filing deeper than usual and
the slices larger, because southern
Jersey has not had such a big pump
kin crop for many an autumn.
Small mountains of the golden
spheroids are piled up in many a
farmyard, and canneries are getting
a full supply. Farmers say that the
season favored pumpkins.
Tons of pumpkins are being stored.
They will be shipped to markets for
Thanksgiving dinners.
Ten cents apiece is the price for
good size pumpkins on many farms.
City green grocers are charging from
Is to 25 cents for pumpkins. with
higher prices for unusually large
ones. Town dealers are stocking up
for Halloween.
Growers say the size OF the crop
should be a factor in restoring the
scent wedge of pie.
Evening star., 1923-10-13
GASOLINE 7 CENTS
A GALLON In TEXAS
Price War In San Antonio Big
Help to Owners of Au-
tomobiles.
nv the Associated Press.

BY the Associated Press.
SAN ANTONIO, Tex, October 13.-
Gasoline was retailing in many filling
stations here today at 2 cents a gal
lon. The price was believed to be
the lowest in the United States.
The Atlas Petroleum Company,
which operates a refinery here, an
nounced that because prices had been
manipulated without regard to cost
1t would maintain the price at cents
until the market became stabilized,
although no profit was made
The Gulf company reduced its price
from l3 to IL certs Wednesday and
was followed by other major COM
panies Thursday.
Evening star., 1923-10-13
RATES ON BAR SILVER.

LONDON, October 13.-Bar silver.
81 7-16 per ounce.
Money, 2A per cent.
Discount rates, short bills, 15-1Sa
8 per cent; three-month bills, 3 5-16
per cent.
NEW YORK, October 13.-Bar sill
yer. 63A: Mexican dollars, 4SA.
Evening star., 1923-10-13
Washington Stock Exchange

SALES
Washington Gas 5s-$1 600 at 93l.
Washington Gas is '33-$I 900 a 1909
Washington Rwy & Elec. 4s-S2. 600 at IL
Washington Rgy. & Elec. pfd.-4 at IL, 7
at II, 10 at IL.
AFTER CALL
Capital Traction Colo at 1OOis
Evening star., 1923-10-13
WEEKLY BANK REPORT,

NEW YORK, October 13.-The ac-
tuai condition of clearing house
banks and trust companies for the
week shows an excess in reserve of
Sl4.624.210. This is decrease in re-
serve of $1,33G.o00.
Evening star., 1923-10-13
BY WILLIAM #. HEFrERNAN,

NEW YORK, October 13.-Interest t
In the curb market today was divided
between Durant Motors and the oil
shares. Durant had sold as low as 23
on Thursday, which was it's absolute
low record. 1t had closed at 25A.
On fairly active trading 1t jumped up
during the two hours today over five
points.
Durant has long earned the right
TO be classed as 8 mystery stock The
way 1t was handled in the beginning
mas been matter of common criti-
clsm' Whether or not much stock
was sold to the public around the
nigh prices is not known. But the
impression Is that a good many peo-
PIE were induced to buy on reports of
the extraordinary success which tha
Durant cars were having.
NEW YORK, October 13.-Following
IS an official list of bonds and stocks
traded in on the New York Curb Mar
ket TODAY
Evening star., 1923-10-13

DULUTH, October 13. A heavy
smoke pail from forest fires has in
terfered slightly with lake naviga-
ton, the smoke in certain vessel lanes
being heavier than fog. Trucking by
motor in sections near the fire zones
has been abandoned
Evening star., 1923-10-13
GERMAN CURRENCY
FIGURES APPALLING
20, ,230, 900, GOO, 100000 Paper
Marks Have Been Issued.
Bank Reports.
BY the Associated Press.

BY the Associated Press.
BERLIN, October 13.-The currency
issue now has reached 2s.230, 600, ,o0o.-
100000 paper marks, according to
the Reichsbank statement issued to-
day. The issue trebled the last week
in September. In the same period the
Reichsbank's home gold reserve de
creased by $4,000, 900 marks, while its
holdings of discounted treasury bills
private checks and drafts increas sed
$4,000, ,000, 900, 100000.
Evening star., 1923-10-13

Even a peaceful man Is ever ready
to strike bargain.
Evening star., 1923-10-13

CHICAGO, October 49, - Sales by
Sears. Roebuck & Co. are expected to
total approximately 100000 by
the end of December. This compares
with sales approximating 233,000, 900
in 1919 and 1920.
Evening star., 1923-10-13
BUSINESS TOPICS.
Atlanta Post Office Is Rushed
Smoke Retards Shipping.
Special Dispatch to The Star.

Special Dispatch to The Star.
ATLANTA, October 13.-The in
creased volume of mail here has ne
cessitated taking on forty additional
post office employees. The city water
works department now is rendering
service to 2s0. 600 people, 10000 of whom
reside outside the corporate limits of
this city.
Evening star., 1923-10-13
First Mortgage Loans

Lowest Rates Of Interest and Commission.
Prompt Action
Thomas J. Fisher & Company, Inc.
128 18th street
Perth Amboy evening news., 1923-03-27
OUT Of EVIL
COMES GOOD"
S|LZER SAYS
In Commenting on Work of
Past LegisIature-Sees
Some Bright Spots
SUCH AS ROAD REFORM
Praises. Interest of Women
Party Leaders and Watch
fuIness of Press
SUCH AS ROAD REFORM

TRENTON, March 27.-"Out ot
evil there always comes good. Sc
l believe, as result of the actions
of the present legislative body, there
viii be stimulation of public inter-
est that will give the state of New
Jersey much better government.
That is the outstanding feature OF
the present session." Such was Gov
ernor Silzer's pronouncement today
on the legislative session of 1928,
which has just adjourned. The gov
ernor in the statement, lauded the
press of the state for it's "most intel
liSent direction to public opinion on
all occasions"
The governor also paid a tribute
to the women of both Republican
and Democratic parties for their
work, which Silzer called unselfish
and dfsinterested.
These women said the governor
had an opportunity to observe the
disgusting struggle that goes on here
by selfish interests seeking some spe-
cial privilege or some personal ad-
vantage"
The governor enumerated some
things, which he thinks were mis-
takes, done by the legislature.
Among other things, he declared
the election bureaus were "foisted'
upon Hudson aud Essex counties: an
alleged open specifications law was
passed; ripper" legislation was
passed abolishing the boxing board;
private capital allowed to build in
terstate tunnels without supervision
by the utility board; water bills pass
ed which were said to have been op-
posed by a ma ajority of cities interest
ed; salaries increased and pensions
allowed. III these measures the gov
ernor vetoed.
'They have been very few" said
the governor speaking of the
achievements of the legislature.
There is not a single law that has
to do with big thing or a big state
policy"
Among the few things of note ac-
complished, the governor said, were
the reform of the highway situation
and the no night work for women
law which, according to Silzer, we're
"wrung' from the legislature by the
force of popular opinion.
Never before have the working of
the bosses and politicians and the
selfish interests been so apparept.
said Silzer, commenting on the pub
licity the legislative doings have re-
ceived.
In touching on the highway bat
tie, and on the addition by the leg
islature of routes to the state road
system. all of which bills Silzer ve-
toed, the governor had this to say:
Continued On rage Five)