davidaulloa/AmericanStories huggingface dataset:
Evening star., 1923-07-07
Market Flashes
at Today's Close

The market closed strong, we'll up
10 the best of the day. Railway
stocks were especially prominent in
the trading at the end Union Pa
cific got above 130. Canadian Pa
cific was up nearly points. from
where it was selling carly in the
week. New York Central crossed 9S
and Baltimore and Ohio 46
New York bank cIearinss. S75I-
100000. New York bank balances,
$S4.0Oo.0oo. New York federal re-
serve bank credits. $4,000. 600. Bos-
ton bank clearings. s7J.000.000.
More than 10000 tons less sugar
was distributed in the first half of
1925 IMAM in the corresponding period
OF last year, according to the indi-
Gated figures Of the Federal Sugar Rein
Ing Company in it's review of the in
dustry. Retiners' MEETINGS during the
nrst SIX months of this year totaled
2,4b4,565 tons. equal in refined sugar
70 2,2s2.O45 tons, as compared with
2,655.125 tons last year. With cx-
ports of $4,000 tons testimated) this
year, as against 665,66l tons last
year. balance for domestic trade in
1898 is 2.0?7.045 tons. as compared
with 1.9S9.46i tons last year
Evening star., 1923-07-07
CHARM.
Writer Tells How Some Girls
Change Their Lives
Celia Caroline Cole, in the DeIine,,or

Seio Safouhe Cole, In the Delineator
Nothing simplifies life like charm
that cultivating charm is rather siII,n
vain business. Wed like to te,I W.
a few things we've seen cuItivated
charm 40 We know ono girl who
simply to stand and to sit down nrnns LUZ
erly. She was rather a heayy-looking
person-frightfully rich. too. tbat
girlmand she always stood sort Of
her tummy. and she walked as IL she
pushed herself alongs her ti,mnnv
leading the way. And whenever she
SastnEn Sas down. n, She. she sat in that hideous
Her body was full of potential beauty
but 1t didn't have even q scran of
charm: and the consciousness that
she was rather unimportant. nm
good mind and she became just a dull,
neglected young thing of twenty-odd'
Then somebody got her to do
rhythmics, and the next time we
over. She walked as If the ground
were just something she chose 10
touch; she had always been big. and
now she was so vital and sweepin Civ
beautiful in line and movement that
we could think OF nothing but the
"Winged Victory" Utterly zone
was the lumpishness-mind and BODY.
When she started to sit down, we
held our breath. Glory be to all the
blessed saints, she'd learned IT! The
fascination that lies in sitting at ease.
relaxed, but gracefully relaxed-the
soft, flowing line from shoulder to
toe, the arms not folded across the
tummy or. breast, but resting, on the
arms of the chair or the seat of the
chair, loose and lovely or folded in
the lap. the feet or legs crossed.
Practice it a little, sitting down and
making lovely restful lines of your
self. Release everybody who looks
at you by being delightfully."- released
yourself.
Evening star., 1923-07-07
BRADSTREET'S REVIEW
NOTES QUIET TRADE

By the Associated Press.
NEW YORK, July 6.-Bradstreet's
Review today says:
Quiet, in part seasonal, and in part
the result Of desire to adequately
weigh up conditions as they present
themselves at the turn of the year,
has overspread the trade and indus
trial situation this week. Retail
trade. under the stimulus of holiday
preparations, has been fair to good,
and the current pace of industry Is
still remarkably active, largely on old
orders. while trade in primary lines
has been on the quiet side, though
fully fair. with. however, more eau
tIon displayed than in any other line.
Collections still drag, but crop re-
ports apparently indicate a holding
of all the gains made in June and the
preponderance of opinion favoring
better out-turns In the earlier planted
crops than seemed possible a while
ago. Sentiment as to the future
seems mixed with, if anything. a pre-
ponderance of opinion among bankers
and business men on the favorable
side. but with speculative interests
inclined to take a less optimistic
view of various matters.
Evening star., 1923-07-07
o. 9. TREASURY CERTIFICATEs.
Quotations furnished By Redmond d Ca.
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

PITTSBURGH, Pa, July 7.-Billets,
slabs and sheet bars are quoted to-
day at $42.50. Youngstown and Pitts
burgh prices being on the same level.
One dollar Is added for small billets
and IS for forging billets. Early
deliveries are possible but there is
70 scramble for new business.
CLEVELAND, Ohio July 7.-Auto-
mobile accessory, manufacturers re-
ported today that their business was
holding up unusually we'll especially
as this normally is the dull period
of year. The Fisher Ohio body
building plant one of the largest
factories making automobile bodies
in the country IL going ahead full
speed. An official of the company
said today demand was as high as
at any time In the last three months.
SEATTLE. July THE produc-
tion of lumber in the western wash
jngton and Oregon mills last week
was ~ per cent above normal with
new business as per cent below pro-
duction. New orders are dropping
down but this is expected At this
season. The mills reporting manu-,
factured 107.56S,74< feet and sold
So.7s3.3a1 feet.
Evening star., 1923-07-07
CHICAGO LIVE STOCK MARKET.


CHICAGO, July. Omitted States
Department of Agriculture).- Cattle
Receipts, 500 head; compared with
week ago, most killing classes un-
evenly, 25..to IS higher, spots more;
values now largely back to seasons
high time; extreme top matured
steers, 1l.50; best long yearlings steers
and yearling beef heifers. 11.35 and
1896. respectively; bulls about
steady: veal calves, 100 to 1.25 high
ar; stockers and feeders firm. Weeks
bulk prices follow: Beef steers, 9.15a
1850; stockers and feeders. 6.ooa
$50; butcher cows and heifers, 6;5oa
S.75; Gamers and cutters. 2.4oas.6o;
mostly direct; rative offerings on
sale unevenly lower; compared week
ago, good and choice fat lambs, 25
to 30 lower; sorts considered;
in-between grades off more; culls
and sheep steady; weeks extreme
top western lambs. 1928: closing ma
tive top, 1928: culls generallQ, s.00a
900: native feeding lambs. s.ooae.25; !;
western, 1880; bulk fat ewes, 5.00a
e.25; top. 100; heavies downward to
$50.
Hogs-.Reosipts, I1,ooo head; head most
ers, 7.75asoo; top. sos. early: pack
ing sows, mostly 6.3ba6.75: few
strong weight pigs. 7.25a7.6O; esti-
mated holdover, 5000: heavy weight
hogs, 700a7.so; medium, 7.25aS.05;
light, 7.15as.00; light light, 7.00a7 30!
packing sows. smooth, 6.25a6.S5: packing
sows. rough. 5.soas.4o; killing pigs.
Evening star., 1923-07-07
SO, 800, 900 STOCK SALE
PLANNED BY ARMOUR
(salss are In q, ,ooo.)
By the Associated Press.


CHICAGO. July ITO liquidate his
personal obligations in connection
with the recent refinancing project
of Armour & Co., J. Ogden Armour,
chairman of the board. has sold to
a syndicate Of bankers "a substan-
tial block" Of his stock in the Con.
tinental and Commercial National
Bank.
The exact amount of, stock sold
and which the syndicate will offer
publicly was not made known but
recent publication of Chicago bank
Amour holding .14,Ios shares of Con.
tinential Bank stock. At yesterdays
market price Of around $270 a share,
bankers figured the value of the stock
at about $3.S00.0o0.
At the time of the refinancing Of
Armour G. Co., Mr.. Armour made a
personal loan for $20.000,000 with a
number Of banks, depositing as COL
lateral a number of stocks, including
Continental Bank stocks, and he now
desires to liquidate his obligations.
Evening star., 1923-07-07
BEARS HURRY TO COVER.
Price Averages Leave Off Higher
Than Week Ago.
BY STUART T.. WEST.
ca

Special Dispatch to The Star.
NEW YORK, July The change
for the better in the stock mark et
situation was still more forcibly ex-
enplified today. Prices began about
where they left off Friday and for a
steady But when the market posi-
tion had again been tested by
another drive against Delaware and
Hudson and similar Offering down
of one or two other stocks and 1t had
been found that no further liquida-
ton was to be brought out, the
shorts set about buying in their con-
tracts with considerable urgency.
Studebaker jumped over points
from it's low of the first hour, and
Baldwin Locomotive. about the same.
Kennecott Copper drew across "a and
Anaconda drew well up to 40. The
copper stocks had evidently discount
ed any unfavorable impression that
might have been made by reports of
further price cutting.
In some of the specialties the bears
had still greater difficulty in cover
ing. This was true of Dupont. OF
Chandler Motors and of Mack Truck.
Price Averages Gain.
1t was particularly worthy of note
that the price average should have
left off substantially higher than IT
was d week ago. 1t is to be hoped
returned to 4 state of mind where 1t
is no longer upset by wild predic-
tions and where il is looking sanely
at the facts of the business situation.
Business men have adopted an ultra
cautious policy in buying for imme-
diate requirements only. This is by
no means a bad sign.
1t has involved a Shrinkage in in
coming orders and moderate recess
sion In prices. Ultimately, when the
huge bookings of the first quarter are
worked off, production in steel and
other lines VIII come down. But this
is no more than has been expected all
along by those who took the sensible
view that business could not main
tain the pace of February and March,
but that the last half year ought to
see fair activity in the industrial
world, accompanied by a reasona BILE
profit margin.
Wall Street Features.
The street now looks for an an
Houncement to the effect that Cali
fornia Petroleum has secured a con-
tract for the sale of it's full output at
Va fixed price in the statement of the
company, which is expected soon.
There is likely to be something said
about future earnings, and the belief
is that the indicated net income of
81 per share for 1928 will be fairly
we'll assured under the terms of the
projected contract
1t is reported that a considerable
amount of Chile Copper stock has
been taken out of the market in re-
cent months and in one quarter the
statement is made that perhaps no
other stock has been accumulated on
such q large scale during the recent
break. Chile Copper's operations are
understood to be going ahead at a
satisfactory pace and the shipments
of copper from the South American
mines of this company are yielding
an excellent profit.
Evening star., 1923-07-07
FEDERAL RESERVE
TO HELP FARMERS
Special Plans Made for r.
nanciaI Aid During Mar
keting Season.

a special circular was issued I,v +rc
Federal Reserve Board TODAY calI,n,.
tho attention of all reserve agents ~
the Importance of the federal re-
serve system functioning eYectivel,
III providing adequate financing for
the orderly marketing of agriculture
products during tho market seaso,.
just ahead.
WINE making no definite sugges-
tlohs other than that proper financiuy
shoulu De provided, the board left ~,
doubt that it desired the resery,
system to keep a watchful eve oycr
the agricultural Industry so that ,h..
recovery noted in the last three year
may be continued without halt.
Orderly Marketing Is Aim.
J.. =, our attention is called specifical-
~, said the circular, ITO the uear
,l. approaCh .,, or the American wheat haI.
vest. The movement OF this comnodi,
10 the world markets will soon H.,
on ana VIII require financing. as WEI
as expert handling, to insure an or
neriy marketing movement and avoid
PEI peInoo!cal congestion at termina
itLarket points, which is very much 10
lne disadvantage of the produce. Il
mat 1t permits a combined buyira.
countries. VI iot eisi
Ihe board is advised that ,be
asricuitural situation in MANY seq
IONS OF the country has MATERIAL,
improved over what il was in III,
lnree previous crop seasons. TLer,
are however, some weak spots tI,..
require studied attention with a viav
or assisting the producer in obtafy.
Ihs Iull advantage emanatinp from
orderly marketing
Credit TO Insure Confidence
The board would like to suspes.
that officials of all the federal reser,,..
banks, including branches, infor,
themselves fully regarding the addao
faculties for agricultural fjnanrInr
Inade possible through legislation III,
acteu during the last Congress. This
done, the federal reserve banLe
snouid give the information to the
pubic especially to the member
banks, cooperative marketing ager-
cIes ana producers and buyers Of
agricultural products
Ihe board feels that anv activit,-
on the part of the federal resery,.
DanKs VIII give added assurances 4,
the producer and his marketing aper.
cy that added credit facilities arr
, aVailabie and will also be helpful ~
promoting mutual contideuce whicI
| shouid be instrumental i'm poInting
out any additional steps that can H..
properly taken in the process of or
derry marketing of agricultural prod
ucts." ~ %"
Evening star., 1923-07-07
JUNE RETAIL SALES
SHOWED GOOD GAIN

NEW YORK, July 7.-Early re-
turns to the Sales Barometer of the
National Retail Dry Goods Associ-
alton covering sales in June indicate
that a satisfactory increase was made
compared with the corresponding
month last year. Out of 100 cards
received from nearby cities only six
noted declines. The complete report
will be available next week.
Members of the association, COM
prisinE 1000 representative stores
throughout the country, report on
sales each month to the controllers
congress division, the color of the
card sent indicating whether sales
increased, declined or remained the
same compared with the similar
month In the previous year
Evening star., 1923-07-07
RAIL RATE INCREASES
HELD UNJUSTIFIABL E

Increases in railroad rates on stee
piates' sheet iron and fabricated steel,
which railroads proposed to make eff
fective March Is last on shipments
between st. Louis, Peoria, Chicago
ana ST. Paul on one hand and points
IN Kansas, Nebraska and Colorado on
tne other, were today held unjustitl-
anle by the Interstate Commerce Com
mission.
The increases have never coma int,
eHect. the schedules having been sus-
pended by an investfga ton order nr
the commission immediately unon
tnelr hlinS. They would have raised
tne rates approximately cents per
maintained until further notice
Evening star., 1923-07-07
T0DAY'S COTTON PRICES,

NEW YORK, July Cotton fu
lures opened easy; July, 1855; Octo-
ber' 23So; December. 23.21; January.
22.96; March. 2o.s5.
cotton futures closed irregular.
July. 27.00a27.05: October. o3.I3aa3
december: 23.24a23.2s; January, 23.OG
a25o2; March, 22.99. Spot cotton
quiet; middling. 2s05.
NEW ORLEANS. July Cotton
futures opened quiet: July. 1850;
ocIooer, .5.2i' December, 2293: Jam
NEW ORLEANS. July 7-Cottor
!utures closed steady, - points up
o24 down net.
Close range-July. 2G.a2-9S: Octo-
Der. 23.06-0N. December ao1N-SO
January. % f'-GS, March. 2a.a6-5S.
NEW ORIE >NS, July Spot cot
ton quiet, Uints higher: sales on
the spot none To- arrive, none: low
middiing. 26.6l: middlinG. 1858; good
middling. 2Sl3.
Evening star., 1923-07-07
BANK ADDS TO CAPITAL,

WESTMINSTER, Md, July THE
Farmers and Mechanics National
Bank of Westminster has been
granted authority by the controller
of the currency to increase its cap
ftal, whereby the bank now has a
capital stock of 100000 and a sur
plus fund of $4,000. Five thousand
shares OF stock, of q par. value of
$40. have been sold at $25 per share.
preferences having been given to the
sale to old shareholders.
Evening star., 1923-07-07
BRISK ADVANCES
IN STOCK MARKET
Prices Firm in Face of Raid
on Delaware and
Hudson.
By the Associated Press.

By the Associated Press
NEW YORK, July stock prices
displayed a strong undertone in to-
days brief and quiet session In the
face of another attempt to unsettle
the list by depressing Delaware and
Hudson to 93L, a new low since 1921
on unfavorable dividend rumors.
The scanty supply of numerous
shares desired by short interests for
covering operations, resulted in some
brisk gains and confirmed impressions
that such sections of the market had
been temporarily oversold. Practi-
cally all of the active issues regis
tered material gains with du Pont
rising 3ai, Canadian Pacific, 3la {;
General Electric, 3A; Mack Truck.
8. and Famous Players, Chandler Mo-
tors and a number of others, l to 1ls
points.
Delaware and Hudson rallied to 96
In the last half hour. The closing was
strong. Sales approximated .275,000
shares.
Evening star., 1923-07-07
Could or Couldn't.
From Life.

The doctor on his round Of golf was
crossing the field with his small negro
caddie. when the latter opened the
conversation with, Doctor, amt you
locker you don't want? / needs some
bad
Maybe so.' said the doctor. what
size do you wear?"
81 dunno, sub, cause I amt never
bought non dat-er-way-I either kin
git in 'em. or I CANT"
Evening star., 1923-07-07
Glad to Get Hat Back.
From the Boston Transcript.

From the Boston Transcript.
The man who has just received
20 cents In settlement of a German
endowment policy of $1,000 on which
ne has been paying for q long time
perhaps feels like the preacher who
sent his hat around the congregation
ior a contribution, and who, on get
ayes reverentiy and said, II thank
sod ] have got my hat back from
nis congregation"
Evening star., 1923-07-07
FOREIGN EXCHANGE.
By the Associated Press.

4
NEW YORK. July 7.-Foreign cx-
changes irregular. Quotations Gin
United States dollars): Great Brit
ain. demand. 4.56 316; cables, 456ss
sixty-day bills on banks, 4.538.
France, demand. .057S1a; cables, .0579
Italy, demand, .0421; cables, .o421t..
Belgium, demand. .047S1h; cables.
.047s. Germany, demand. .0o0o04 % ::
cables, .000o04s. Holland, demand,
1905; cables. 1913. Norway, demand,
.1632. Sweden. demand, 2644. Den
mark. demand, 1853. Switzerland.
demand, .1711. Spain demand, 1920.
Greece, demand. .02So. Poland, de
mand, o00014. Czechoslovakia, de-
mand, .0302Ia. Argentina, demand
.3475. Brazil, demand. 1850. Mon
treal, .971a.
Evening star., 1923-07-07
BONDS
FIRM IN MARKET
Some Buying in Liberty Is.
Sues-NeW Securities
Cause Complaint.
BY GEORGE II. HUGHES.

NEW YORK, July THE bond
market today showed the same char
acteristics as for the past few days.
High grade securities were relative
ly firm and there was some buying
OF United States government bonds.
The market, however, was not ac-
tive and investors showed no anxiety
to follow prices UP. Speculative rails
moved irregularly with recovery in
some issues and further fractional
losses In others. There was little
change in the foreign list Except
for fractional advance in Paris,
Lyon, and Mediterranean 6s there
was little worthy of comment
Complain Over New Issues.
Dealers and traders continued to
complain of the situation brought
about by the flood of new securities
They point out that despite the dis
turbances in the security market cor
porate financing during the month of
June reached the total of $324,I31,S25,
against s2i9.65S, 900 in May. 1t is not
surprising, they argue, that old and
stand up in the face of this competl-
ton. Not until there has been some
further readjustment can stability be
attained, they believe. Eventually the
prime investment issues ought to be
In demand, particularly If there is no
great increase in business activity.
Due to the holiday there was a let
up in the output of new offerings this
week. The total was S54.046,l11, and
OF this amount S40,000.000 was in the
Youngstown Sheet and Tube per
cent debentures The balance was
made up of s3.25O.000 in three public
utility issues. s1.5o0,oo0 in two land
bank offerings and the rest in state
and municipal descriptions.
Poor Reinvestment Demand,
One notable feature Of the week
was the absence OF what used to be
called the July reinvestment demand.
II Is not entirely plain whether in
vestors have been discouraged by the
reactlonary tone Of the market or
whether the income tax has diverted
40 much capital to tax-exempt securi-
tieS that the demand for old line
ponds which used to show itself twice
& Eedr' IN January and July. no longer
eNists' Probably both causes have
Dceh operating. At the same time
there has been little or no institu-
tional buying.
Speculatlvely speaking. the feature
or the week was the decline. amount
ing almost TO collapse, in New Haven
ponds. following the report of the
Uo.l,hittee ~ appointed by the New
England governors to make a survey
or the entire New England raiiroe1
situation. oau
Trouble With New Haven.
This committee advises r..d,u..
ment OF the New Haven canitaliza-
@ ION. inc trouble seems to be nor
ohIy poor earnings, but the fact tba,
ume New Haven has still to write off
Th. & on i.s Improbable investments.
t, me weakness In New Haven bonds
listu more or less effect on other
speculative railroad issues
Fareign bonds have stood I'M re-
pranT fprarSaoiy well in view of the news
readily taken and the NET rss,,i, ~
iss,. n.:,y small losses in the most active
Evening star., 1923-07-07
AUTO PLANT Is SOLD.

DETROIT, July 7.-Sale pf the
properties Oh 80. c; 1,.- n; Wills q g. Co..
VILE, Mich, to Kidder. Peabody &
Co., Boston bankers. for the nominal
price of s750,000 was confirmed
yesterday by Judge Charles Simons
in federal court here. 1t was an
nounced when the Boston interests
bid In the properties at a receiverS'
sale that the company would be re-
organised with capital Of $15,000,-.
600.
Evening star., 1923-07-07
DRY GOODS MARKET.

NEW YORK, July (Special).-
Week end dullness pervaded the
market for cotton cloths today with
transa ctionS confined to small lots
The raw silk market was strong
and active here and a similar tone
prevailed in Yokohama whero 1900
bales changed hands. Prices here
were UP above 5 cents a pound
Evening star., 1923-07-07
Trouble With New H,x.,
FEAR OF COMPETITION
FACTOR IN PRICE CUTS
ny the Associated Prr.s

new YORK. July THE Amer,-
yesterdsr YES .1dIer'ing aa, and Refining Company
Sut OF week in lead, reducing - ,be
TIE Tbo from go to Gas cents a bound
me cut made a decrease for tba
,rr;l mEen ot hve-eighths of cent the
price having started at 6.s5. 'iie
officials OF the connany
tp1mment. som but it was said in the trade S
maj threat of foreign competition
coupled s., with prospective falling or
ia consumption, was responsible
Evening star., 1923-07-07
WOULD PRESERVE ASSETS

WILMINGTON. Del. July The
Allied Chemical Company this after
noon applied To Chancellor WolcCtt
for rule Ia show cause why pre-
limtnary injunction should not 10
issued restraining the Steel and Tube
Company of America from diStrihut-
ing its assets among the stockhold-
ers at the present time. A rule to
show cause to the contrary has been
issued, returnable next Friday.
Evening star., 1923-07-07
S0UTHERN's EARNINGS Tip

RICHMOND. Va. July 7.-Earn;nes
.. tne southern railway system for
INC fourth week of June were "a
,,SSa'oo9. an increase of s411.5l6 over
~ corresponding week of 1929. For
sIo;Sl7.e11, an increase of s1.4oa1so
ana from January /, s9s.726eSs o.
Increase of S16,702.074 an
Evening star., 1923-07-07
BAR SILVER QUOTATIONS.

LONDON, July Bar silver. 31kd
per ounce. Money. 21s per cent. Dis
count rates. short bills. 3Aa3h per
cent Three months bills, 3Esa sa3% per
cent.
NEW YORK, July Bar silver.
65L; Mexican dollars. 4SL.
Evening star., 1923-07-07
CLOTH SALES LIGHT,
Startling Drop in Dry Goods Trade
Activity.
FALL. RIVER

FALL RIVER, Mass, July Fall
Rivers print cloth sales for this week
are estimated at only $4,000 pieces. 1
This compares with 100000 nor
mally per week when prices are right
and dry goods trade Is active and the
capacity production Of the Fall River
mills of about $4,000 pieces per
week.
Evening star., 1923-07-07
FIRM TONE IN WOOL.

BOSTON, July Especially The
wool market showed few changes in
prices today, but while transactions
were small they were regarded by
some traders I'm the light of efforts
OF manufacturers TO feel out the
market, especially for fne wools. The
tone was Arm 1
Evening star., 1923-07-07
AUCTION DATES FIXED.

Auction of oil and gas leases upon
72S acres of public land in the Ferry
Lake district of Louisiana will be
held August % at Shreveport, La
Title to the tract was recently OBJ
Iained by the government as a re-
suit of court action.
Evening star., 1923-07-07
NEW YORK DAIRY PRICES

NEW YORK, July 7.-Butter
steady. receipts, 1861 tubs. Eggs
firm, receipts. 29.216 cases. Pacific
coast whites. firsts to extra firsts. AZ
ASST. Cheese irregular receipts.
E59, ,974 pounds.