davidaulloa/AmericanStories huggingface dataset:
, 1923-05-10
A N N

tons, ard the average rainfall 70.91 inch
es.
/ consider this rainfall rather high as
we seldom exceed 80 inches. 1t is all
very we'll to try and get the Federal
Government interested in boring a~rtesian
wells or ~imcounding water for irrigation
which would necessitate a large outlay
and in which we are not in a position 10
participate; and furthermore water with
out good labor Won't grow crops. Would
it not be better to start at the ROOT of the
disease and try and improve our labor
condition and get the island in shape 10
use The water il we ever pet il. God
helps those that help themselves. and ]
presume the Government feel a good
deal the same about it.. | believe that
our Governor is keen'y interested trying
to improve our local conditions and
stands ready aud wiling to give US any
reasonable aid in his power.
To BE- continued
The Washington times., 1923-02-20

Fred w. Wilson, town treasurer
for Upper Marlboro, has just made
public his annual report, which
shows receipts for the town during
1922 amounted to $1,150.38, with the
balance of $50.95.
The Washington times., 1923-02-20

He attributes his rapid recovery
to Dreco. the new herbal remedy
Here is his story in his own words:
LAS regularly as clock work, day
after day, l would get up from the
breakfast table in pain and nau-
seated, literally as sick as a dog
| simply could not keep my meals
on my stomach. Naturally l be-
came very much rundown. COnsti-
patton set in, | became nervous and
irritable and suffered from loss of
sleep. | was rapidly getting worse
Then | read Of DrecO and decid-
ed to give ii a trial. That was one
of the luCkiest moments of my life
have taken two bottles of Dreco
and am 100 per cent improved.
can now eat, enjoy and retain my
breakfast, and all other meals. My
bowels act regularly and I am in
splendid shape. | am glad to recon-
mend Dreco to all sufferers from
stomach and liver complaints"
Go today to O'DOnnell's Drug
Store, Goa 9th st. n. W., ask for
Mr.. Williamson, the weII-knOwn
DrecO expert, and he will COurte-
OusIy explain the merits of this
great remedy. There is no charge
and he will tell you if he believes
DrecO will benefit you.
The Washington times., 1923-02-20
TRADE SHOW At
ALEXANDRIA
PLANNED
Chamber Committee Offers
Prize for Exhibits in
Armory.

ALEXANDRIA, Va, Feb. 90
Plans are being completed by the
trade exchange committee of the
Alexandria Chamber Of Commerce
for the annual trade exhibit, to be
held in the armory March IL to Is.
The committee will hire the men
now decorating the city for the
George Washington's Birthday pa
rade, to put the armory in condition
for the exhibit.
F. Clinton Knight announced that
500 in gold would be given as a
prize. Twenty-three exhibitors have
already contracted for space, as fol-
lows: r. F. Downham, D. G. Grill
borter, Real Estate Board, Citizens
National Bank, M. Ruben & Son,
Frank Michalback, S. F. Dyson
Light and Power Company, ]. A.
Bendheim, Rammel Manufacturing
Company, Washington and Ladd,
Metropolitan Life Insurance Com
pany, Mutual Ice Company, Bell
haven Garage, Myers Brothers, j. NJ.
Duncan, The Aero Auto Company,
j. M. Dickerson, The Fletcher Com
pany and the Ramschell Auto Com
pany.
]. T. Arlington and Roy Beach,
arrested for alleged manufacturing,
transporting and selling of liquor
in connection with a recent raid
on the BLACK Cat" IS South Union
street, were today arraigned in cor
poration court. The men were in
dicted by the same grand jury which
recommended that the BLACK Cat"
be ordered closed. J. Hare and Jack
Davis, colored, will be arraigned on
similar charges.
Arrangements for handling traf-
fic during the George Washington
Birthday parade were announced
today by w. NJ. Rich, chairman of
the public safety committee Of the
George Washington Birthday AS
ISOLATION.
A special traffic squad has been
organized by the police department.
Thirty-two Boy Scouts will assist
in handling the crowds, and Elliott
Hoffman, commander of the Alex
andria Post of the American Lee
gion, has assigned thirty ex-service
men to assist the police and traf-
fic squad.
A number of streets outside the
parade area have been set aside
for traffic purposes only. No park
ing will be permitted on these
streets The line of march will
close at 1890 o'clock. A number
of streets adjacent to the line of
march have been reserved for park
ing purposes.
The reviewing stands. now being
completed, will be turned over to
the association today.
Rest rooms are being provided
for ladies in the Elks' Lodge,
Moose Lodge. Friendship Veterans,
Fire Association quarters and Bell
haven Garage, and for men in the
three fire engine houses and the
Bellhaven. Garage. Coffee and sand
inches will be served at these sta
tions.
The Washington times., 1923-02-20
Ex-Service Men Urged
To Press Claims
At Home

Swamped with hundreds of
ex-service men who have come
to Washington to have their
war claims adjusted by the Vet
Grams Bureau, the Disabled
American Veterans today issued
a warning to former soldiers to
press their claims in their home
towns.
Officers of the veterans asso-
citation said quicker action could
be obtained on application for
compensation if claims were
filed with the district offices
of the Veterans Bureau instead
of bringing them direct to
Washington.
The Washington times., 1923-02-20
INSTRUMENTATION CLASS
HOLDS MEETING TONIGHT

A public meeting of the Ameri-
canization class Of the Columbia
Junior High School, Seventh and
o streets northwest. will be held
this evening at o'clock.
The principal speakers will be
Chief Justice Mccoy Of the District
Supreme Court; Ellicott H. Good
win, vice president OF the United
States Chamber of Commerce and
DR.. Abram Simons, president of the
Board Of Education.
The Washington times., 1923-02-20

elected, Mesdames Mes and Wood
were reelected to their offices.
The Washington times., 1923-02-20
MEN WITH GUNS GUARD
DOGS IN SLEDGE RACE

ASHTON, Idaho. Feb. 2O.-With
craftsmanship running high. .Shde.
pace and Mackinaw, high-strung
siedge teams, waiting here for the
start of the American dog DERBY
on Washington's Birthday, are
being watched in their respective
camps by armed guards.
From the North down the snow
trails and from the South over the
steel rails are coming thousands
who are giving heavy backing to
their favorites.
The Washington times., 1923-02-20
MT. RAINIER To
HOLD TAX
SALE
Must Be Paid by March 81 or
Property Will Be Put Up
at Auction.

MT. RAINIER, Md, Feb. 90
Ben r. Sherwood, town clerk and
treasurer, has given notice that
property on which town taxes have
not been paid will be sold at public
auction at his office in the town
hall at 10 a. M, March 81.
The regular meetings of the town
council of Brentwood have been
changed from Friday to Wednesday
evenings.
Under the joint auspices of the
mems club of the Brentwood Meth.
odist Episcopal Church and the
Brentwood volunteer fire depart
ment, an entertainment will be
given in F'iremen's Hall at Brent
wood, February 26 and 81. The
players will be ell local talent and
the play will be entitled Back to
the Country Store"
The rector's guild Of st. Georges
Church at Glen Dale has elected the
following officers: Mrs. w. H. Mes,
president; Mrs. Harold ". 0. Louns-
bury, vice president; Miss Cordefla
Stewart, treasurer, and Mrs. e. M.
Wood, secretary. OF the officials
The Washington times., 1923-02-20
FOOD SHOW FOR COLORED
PEOPLE DRAWS THRONC

Several thousand people attended
the food show for colored persons
which opened at the Lincoln Colon
made last night.
At times the crowd was so IN.
tense that police reserves had to be
called to manage it. The manage-
ment announces that no child un-
der sixteen years will be admitted
without parents. A special matinee
VIII be held for children on Friday
and Saturday afternoons.
The Washington times., 1923-02-20

Arrangements were made at a
meeting Of the Clarendon fire de-
partment last night to send engine
No. with five men to Alexandria
on Thursday to represent Clarendon
in the George Washington Day
parade. Fire Chief A. B. Eaton
states that engine No. l will RE-
spond to all alarms on Thursday.
A special grand jury met at the
courthouse yesterday and brought
in true bills against Ike Jackson.
Charles Lyons, Harrison Murray,
all colored, and James Beckwlth
Commonwealth Attorney Ball an
nounces these are liquor cases.
Ball states that Henry Turner,
colored, who is charged with the
killing OF colored man in Jackson
city, Va, in 1921, and who was
arrested by the Washington police
ON January 10, will be tried before
Judge Samuel G. Brent on Feb
ruary 26.
The Ballston Athletic Club will
hold its regular monthly meeting
tonight. The question of Joining
the Arlington League will he dis
cussed. Louis Burroughs and
Howard King have been appointed
captains. Other officers are: Presi.
dent, K. A. Zickefoose; vice presi-
dent, Jack Ryan; treasurer, GLEN
Tolbert, and secretary, Mike Divine.
Cherrydale Council, No. II,
Daughters of America, will hold a
short business meeting in the
Firemens' Hall tonight, followed by
a five hundred card party.
The Cherrydale fire department
will hold an indoor carnival, be-
ginning on February % and ex.
tending through the gath. There will
be dancing each evening. Arrange.
ments are nov. being made for their
annual banquet to be held on
March %.
Capt. Frank Upman. of Livingston,
Heights, has been chosen as the
architect for the new high school
for Arlington and Washington dis
tricts.
The Washington times., 1923-02-20
ARRESTED AS ROBBER
OF BANK BANDITS CAR

NEW YORK, Feb. 20.-Louis Pc
rine, twenty -one, has been arrested,
accused of stealing money from the
automobile abandoned by the two
youths whe shot messengers of the
Hudson street branch of the Pacific
Bank and robbed them of 50 400 Fri
day.
The car was found by Patrolman
O'Connell. who found in the car $102
in bills, evidently dropped by the
robbers. Perine was said to have
taken some money while O'ConnelPs
back was turned
The Washington times., 1923-02-20
7 D
HAVE CHARTER
MEETING
Arlington County Civic Fedora
ton Will Hear Commit
tee Report.

CLARENDON, Va, Feb. 20.-A
special meeting of the Arlington
County Civic Federation will be
held at the courthouse tonight to
receive the report of the special
committee which was appointed to
draw up the proposed charter for
the incorporation of Arlington
county. 1t is understood that full
report will be brought in by the
committee.
The Washington times., 1923-02-20
ADVERTISEMENT.
THIS ENGINEER
FIXED TROUBLE
Native-Born Washingtonian,
Engineer For Washington
Gas Light Co., Fixes Seri-
GUS Stomach Trouble
With "Dreco," the Great
Herbal Remedy.

Born and raised in this city. with
a host of friends in every section of
the District, Engineer w. Howard
Ratcliff, of the Washington Gas
Light Company, residing at 1906
An st. N. w, has at last found
relief for long standing stomach
trouble of a serious nature.
The Washington times., 1923-02-20

The Home and School Association
of Upper Marlboro is to meet to-
morrow evening at p. m. in the
high school. An interesting pro-
gram has been arranged for the
evening.
The Washington times., 1923-02-20
ROCKVILLE HAS
MINSTREL
SHOW
Senator Caraway Addresses
Democratic Women on
Ship Subsidies.

ROCKVILLE, Md, Feb. 90
A minstrel show for the benefit
Of the Young Mems Bible Glass Of
the Rockville Baptist Church was
given in Seco Theater here last
night. 1t was directed by Joseph
Hamilton, and others in the cast
were George Peter, Edward CashelI,
Russell Conklin, Theodore Ricketts,,
James Moulden, Peyton Mannar,
M. w. Simmons, Marbury Gates,
Clarence Becraft, John Dawson,
Byron Trevey, William Burrows,
Adds Robertson, and Mr.. Beall. A
large crowd attended and the show
was much enjoyed.
In celebration Of the thirty-sec-
ond anniversary of his birth, Dep
ity Sheriff J. Stanley Gingell en-.
tertained at dinner at his home
here last night, his guests includ.
Ing Policemen Earle Burdine, Law
renee Clagett, Oscar Gather, Guy
Jones and Leroy Rodgers and a
few others.
The first of series of meetings
cratic Club of Montgomery county
Tor political study was held in the
library building at Chevy Chase last
night. Mrs. Jesse w. Nicholson,
president Of the club. presided and
addresses were delivered by Senator
Thomas H. Caraway of Arkansas,
and Mrs. J. Frank Wilson, of Kens-
Senator Caraway discussed
/ ship subsidy and Mrs. Wilson dis.
cussed local and State officers.
AS result of the cold weather of
the last few days, the ponds and
streams of Montgomery county are
covered with ice of thickness of
about five inches, and the farmers
and others are in the midst Of
harvesting the crop. The ice is said
to be of unusually fine quality. This
is the first time this winter that ice
has been thick enough to cut in this
section.
The Washington times., 1923-02-20

Announcement has been made to
the effect that work on the new
81, 100000 Robert Grain highway
has been discontinued temporarily,
owing to weather conditions.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-06-19
MILES OF WIRE
BEING LAID

More than 10000 miles OF telephone
wire. most OF II contained in cables
carrying 1900 pairs or 2.400 indiyid-
ual wires. are being placed under
ground by the Pacific Telephone &
Telegraph Co. within a radius OF a
very few blocks OF the telephone
building at Third ave. and Seneca 81.
This Is being done TO meet the re-
dulremcnts for additional service and
70 provide the new equipment neces-
sary 10 respond TO the growing de-
mands OF the business district. About
seven and one-half miles OF duct
feet" OF vitrified clay conduit. manu-.
featured by the Denny Renton Clay
& Coal Co, have been placed under
Third ave. and adjacent streets and
alleys TO carry new cable.
A portion OF this new cable IN 10
large spools stood last week on Third
ave. in front Of the Telephone build
ing and aroused considerable inter-
est. This interest was intensified
when IL was learned that the cable
contained wire enough stretched sim
gle length to reach from Seattle to
Chicago. and represented less than
onc-fourth OF the amount OF cable
and wire which the company is now
placing In few OF the downtown
streets and alleys al cost of more
than 100000.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-06-19
Vessels in Port at Seattle

Smith Cove TorIninai-Plor 41--str Pres.
ideut Madison. str Iyo Afnru.
Great Northern Torminal--str Toyama
Mnru.
American Can Co.'s Terminal - Str Ad.
miral Evans.
Boil Street Terminal.-U. s.. C. q. sno.
homlah.
Pier ii.B--str owcgo. str Forest King.
| PIER s-str Rainier
Pier A-Str Admiral Nicholson.
Pier B-str Admiral Dewey.
| Pier D-Str Admiral Rodman.
I Union Pacific Terminal--Str Lena Luck.
enbhch
Pacific Coast Coal Bunkcrs-u. s. l.. II
+. Rose.
u. 4. shipping Board Moorlngs-sti
Anna u. Morse.
Connecticut street Terminal VIM. A
Mckinney, str Howlck Hail. sir Robin
Goodfolow.
Atlantic street Termlnai--str Coryus.
Alaska Steamship Moorlngs--str Lake
1ellbcrt. str Rcdondo.
Stacy Street Termlnai--U. &. A. n, Cam.
brnl
Lander Street Termlnnl--Ms Californian
Milwaukee Ocean Tcrmlnal-str La.
toucho
lIanford Street Termnal--str Arlsonnn
Spokane street Tcrmlnol--Str Defender
Todd Drydoclts--atr President Harlan
str sllvcrnndo, str West Nilus, str Wost
1son, atr Colurn.
Puget Sound Bridge n Dredging Co,-str
Patterson
Heffermnn's DrydoolS- Bark. Grntln,
Winalow Marine Halfway Schr Comma
dere' achr Botay Ross, barge Coqultlam
CITY whplcrH Star l, ?, o
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-06-19
Arrivals and Departures

Arrived nns ig--str Fdmors from
Tientslu. st ~ 80 Z, m ctr II ,. Alex
andsr from Ean Pedro via San Francisco.
st II a, m. str Rainier from han Fran.
eiscp via uailiuEham. Al 9 a m. s.r
tztguchs from Labyrinth. ~. c., Via
pptnt Wells. 81 s:s0 a. M. ctr AstyAnax
from Glasgow Via Liverpool Balboa, Ran
Pedro. Han Francisco and Vancouver. ~.
O., 81 noon. 1uus iI.--Rsr Northwestern
from southwestern Via southeastern Alas.
ks. az a. m str WIN. A. MeKhun0y
from Boston via New York. baltimore.
balboa, San Pedro. Ean Francisco and
Portland. 81 s.is a. M. str CorvuH from
New York via baltimore, balboa. San
Pedro. San Francisco and Portland. at
8 80 e. M. ctr Northiand from Tacoma.
at A. u. sas Californian from BOSTON
via New York. Balboa, Ban PsdiI and
aAn Francisco. AZ y. m. ctr Lake
Francis from san Pedro via Tacoma. At
= y. m. u. y. n. r. Cambria from
Seward via Victoria. H. G.. at a. IN.
str Forest KING from Rcdondo. at aiao
.. ms ctr Arizonan from Hamburg via
baltimore, balboa, San Pedro and Ban
Francisco, at $3.50 y, m. str Admiral
Dewey from Fan Francisco. at tso y. IN.
str Queen from southeaStern Alaska. at
AIT y. IN. June tg--atr Griffco from
Tacoma, At p. IN.
SAILED June is.-str Toyama MRru
for Kobe via Yokohama. at 10 a m.
Juno i7--str T,awis Luckenback for New
York Via Port Gamble. Auacortcs. San
Francisco, San Pedro and Criatobai. at
q. M. str wilisoio for Tacoma, at iis0
a, m. str Northland for San Francisco
VIA Port Angeles at s!aD y. M; ctr
Bsus Triangle for Portland. Mc., via San
Francisco, San Pedro. balboa and New
York, 1t i2:t0 y. m. str Lake Francis
for Han Pedro via Tacoma. nj ) y. IN
str Northwestern for Tacoma. at 10 D M
str GrIffco for British Columbia ports. at
pis0 D. m.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-06-19
Building Permits
UNDER 1900


@ u. Jinnsf. 1874 MOB Hui ave, add
tion % ysaidsaos. $50.
Frederick a Aelson. tei Ftns a.. scditLos
to lauea room, IleQ.
c. Juis. sfss wsilinEfoFd. garage. tft.
wm. nrsuEhsm. itit Hrandoa st.. aadi-
ton to fssiasnes. tste.
A. l. wood. tsis sist y. W.. rs,issnes.
igee.
gsimA HOMELAND. lfii Wallet ave. add
tioa 20 residsnes. ts9p,
Zen iYiio. seii Z. FiT. alteration 20 resi-
dsuee. tiso.
/. Tribsndo. iTss ssnd a. garage. Us.
Ansi Jacobson. Ets5 W. esth. eaieksn
tho. Edward. iii0 Holly at. residence.
tIeo.
o. 0. Jsrseo,On. isi; L. Denny. garage.
$50
Il. nethshla, .sss ,sth & w. garage. .rs.
oso Hicks. sJi7 ssnd g.. addition 10 gar
q i. Lee. 1901 isA &. shed. 80.
i'rtd w pfieksa. sses W. Eaton, gar
sEc. $50.
Rob, sandsrson. 5sGI ssth q. w.. add.
tioa TO residence, ikoo
Everett Joy, lessee. 6lkA aznd r.. teslt. $40.
q, y. TITUS. tgsi ssud w. residence. tlso.
Geo Hssion. III Rlyersids drive. gar.
Age. iis.
Hugh MscKinnon. sIs1 ,sth \. f.. Addi-
fina 20 residence. Sec.
@, c, Jooinls. siia END 3. W. alteration
10 residence, tato.
u. q. Tod. Esis Pearl At, garage. $50.
waiter ~. Glenn. t7is Slnth NE. addi-
tios 60 residence, Isoe
EHiisr Investment Co, sia Western ave.
alteration 10 hulidln. 500.
Mra. bertha HrYrrson. SO w. Armour,
garage. $3.50.
Joo CAssaiter. 1900 Massachusetts. chick
on house. tiQo.
James Turner. 1850 18th & W.. addition
20 residence. also.
". Albrr,son. sgss w. s3nd. addition TO
Q s,sfsnt tis is,h s.. addition TO
]. ". Anderson. soiT ss,a s. W. gar
age. $50.
c. l.. Collins. II; Garfield ct. shsd. $50.
Peter Week. pst.sa 18th ave. garages,
Mrs. J. Goodwin. 1895 ,s,h w. garage.
ttb
Motor bus Terminal, 1895 Third. addition
81 Conner. seoi Jackson. garage. 400.
OVER 81 900
It. q. Morse. 1919 Third, mill garage izox
90. ts.soe.
Niels Hanson. 1895 Fourth. mill stores
i0Sxae. ft.00o
A. 7. Jenkins. Eosp Is,h n. f.. frame
residence a7x2t. sa.s0o.
Mrs, 4 ~ Carson. toI7 10th ~ r.. frame
residence spI7t 5000.
Great Northern X X. depot. frame ore
bin. $4,000.
Everett ~. Boyd. 80 II. u. Exchange
bldg, frame residence aorss, $50
II. i. HouEhton, 100 T.. Goth. franc rest
deuce asxai. $1,000
Mrs. q. ~ Termey. 1850 T. ssnd. frame
residence tlxss. $4,000
Mrs W. l.. Harris. 1851 a2nd n. w.
frame residence ASKS. $4,000.
II. W, Sumner ?oi2 iith n. frame resi-
donce. alteration. .7.5ep
IL. Huettman. 477i 4eth s.. frnme resi-
dcnec addition 9sSai. $4,000.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-06-19
HEAR SUIT ON
OIL PATENTS

SAN FRANCISCO. June ia.--Tak.
Ing OF evidence In the suit OF tho
Universal on company Of Indiana
and other independent oil companies
against tho Standard OIL OF Indiana.
alleging infringement OF patent. con.
tinued hero today before Holmes
Hail OF Missouri. special master in
chancery. Tho suit involves rights
20 the process by which about 40
per cent OF oil gasoline IL made.
Ralph IL. Handy. manager OF the
Arrow oil company. was on the
stand all day yesterday. He test.
fed that phases OF the "Dubbs' pro.
ooss" Of refining crude oil. which
has been patented. and which tho
Independent companies claim the
Standard has iDfringed. were in com.
mon use IN 1908 and earlier. Attor.
neys for tho Standard company also
claimed that practically all phases
OF the Dubbs process were known
here and In England as carly as
1853.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-06-19
Financial Flashes
From James Macfariane 8 Co
Sll Second Ave.
rwenty lndustrials a4.7a. off Va.

Twenty industrials s4.7s. Off "a; %
rails s3.ss. Off IT.
Verdict OF $4,000 against the Guar
anty Trust Co, In a suit Of client
who deposited funds for transmission
TO Germany before the war prevented
such transfer, may set preceden,
in cases OF losses thru depreciation
OF mark
Copper quiet but firm. l5is to 1914
cents.
The announcement that Standard
OIL OF New Jersey has decided 10
close it's loading terminal In Mexico
and sell its light oil production in
the Southern oil fields in Mexico 70
Mexican Eagle OIL Co. marks yirtu
ally the complete withdrawal OF the
company's activities in the South
Mexico fields.
That there Is no danger OF price
war in the tire industry is the con
census among leading manufacturers
who have made n thoro canvas with
sales executives In the past week. tho
prices win undoubtedly be brought
down to the level established By the
Decent cut by Firestone.
w. G.. Curren, general superin
tendent OF transportation for b. & o.
said a car shortage will come in Sep
tember.
One hundred and fifty million-dol
lar U. $. loan subscribed twice over
Negotiations started by 2s5. 00C
railway and steamship clerks. freight
handlers and express and station EN-
ployes call for increase OF $500. 900,
600 in annual wages paid by Glass !
roads.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-06-19
LESS ACTIVITY
SEEN IN TRADE
June Always Slow Month,
According to Moody

Moody's Weekly Review II Flnan.
eial Conditions in its current laus
says in part.
THE spring retail trade Is subsld.
ing. the autumn Wholesale trade haa
not yet begun. and manufacturing
activities Tor the fall are only In the
planning stage The demand FOR Ia.
Dor seems 10 be falling Off a little.
Ho4evcr. June = usually "a month
Of Diminishing trade activity Ia good
years and poor.
Financial business also elbows a
tendency toward reaction. Money Is
cheaper mostly from lack N both
commercial and financial demand for
loans. ana the stock market il fol
lowing precedent II more often
shows weakness or heaviness In juno
than in any other month Of tho year
except February
Freight car ioadlngs continue 10
make high records. but the Inference
that railroad stocks should enjoy an
aggressive rise IL unwarfanted. Tho
trade conditions 10 which the stock
market responds consist Of business
Initiated rather than business com.
plcted; and railway traffic represents
the latter.
when bear movements occur IN
rnilway stocks they habltually do 20
In spite Of continual increases in car
loadlngs. The great bear movements
OF recent times were Invariably 80
20 100 per cent completed before rail.
way traffic began 10 show declines
from the previous year.
The sharp drop In crude oil has
been accompanied by a rise Of hslf
cent IN refinery prices Of gasoline.
and probably both represent q read.
justment Of oil and gasoline prices.
Crude has been ruling too high as
compared with gasoline: and the abil.
ity or tho reflners 10 bring about
readJustment may be taken 10 mean
that the petroleum stocks are not IN
quite 20 weak n position as appears