davidaulloa/AmericanStories huggingface dataset:
Evening star., 1923-11-10
|. C. c. BROADENS SCOPE
OF COAL FREIGHT PROBE
Complaints of Shortages and Un-
fair Rates to Be Heard Here
December 8.

NEW YORK. November 10-After
hearing witnesses from several states
at a hearing here yesterday tell of
alleged discrepancies in anthracite
coal rates over various roads, Of wide
ly varying barge transport and truck
delivery charges, and of greatly
fuctuating retailers prices in single
zones, the Interstate Commerce Com
mission announced it would continue
its Investigations at Philadelphia next
Tuesday.
The commission decided to enlarge
the SCOPE of it's inquiry to include
bituminous freight rates and to hold
a special meeting at Washington De-
cember 8, where complainants OF short
ages and unfair freight rates, as well
as railroad men, might testify
New York city's woman deputy
commissioner of markets. N Louis
Reed Welzmiller invaded hear
ing. and bombsrde witnd IS with
such rapid fire Of question: hat the
session was temporarily srupted
and recess taken until the smoke
rolled away. Mrs Welzmiller, who
last summer made a tour Of mines in
nearby states. introduced herself with
the assertion that her department. had
more complaints about profiteering
than 1t could investigate.
Evening star., 1923-11-10
Stocks Are Making Recovery
Rather Than Fresh Adun1,ce
Price LeveI Has Been UnUnrr01,tedIy
Lo,O-CoPPers and Sugars Stronger
Oils Still Weak-SterIing's Decline.

1t is still fact, however, that for
two months now the daily average
output of crude oil has ceased going
down to any extent. This is pointed
to as evidence that oil production
has reached it's peak.
Debt Payment May Help Sterling.
The decline in sterling exchange to
the lowest in nearly two years. to a
level over 80 cents in the pound be-
probably had only minor connection
with the disturbing events on the
continent. To be sure. everything
that hinders Germany's industrial re-
lands problem of unemployment Be.
fore the end of another week Great
Britain will have made Its semi-an-
nual payment on the American war
for this purpose has been the major
reason for the selling OF sterling
drafts. there should be sharp re-
covery. If there Is no such recovery.
it will establish that the swing OF
the trade balance more and more In
favor of the United States has been
the principal factor.
Reparatfons Outlook DepresseS France
The French franc has sold in the
last day or two within q quarter OF
a cent of it's record low Of last Au-
gust For this the increasingly dubf-
Gus outlook Tor reparatfonS IL mainly
responsible The French claim to
have balanced their ordinary budget.
but they will have spent this year
for pensions and reconstruction the
huge sum Of nearly $4,000. 100000
francs. This follows a deficiency OF
over 1900 900, 900 in 1922.
While the whole of these vast sums
are set down in the extraordinary
budget as recoverable" the actual
deliveries from Germany have been
a drop in the bucket. The great
bulk has been made up by domestic
loans, and the question Is how long
the French peasant will be willing
to add to the already tremendous
commitments in government secur-
tiles.
1t is significant that the French au-
thorities have begun to vary the
process of financing. Instead Of Of
fering all new bonds and treasury
notes to the public direct they are
| handing over part of the new Offer
ings to the contractors engaged in
rebuilding the devastated territory,
and getting them to issue their own
securities, with the government obli-
! cations as collateral. The object Of
this apparently is to lessen any un-
| favorable impression that might be
created by the continued Offering Of
new internal loans for popular sub
scription.
Copyright. 1921
Evening star., 1923-11-10
ADJUSTMENTS MADE
IN BUTTER PRICES
Eastern Charges Now Ahead of
Those Prevailing in Chi
cago Market.
By the Associated Press

By the Associated Press
CHICAGO, November 10.APrice
changes in the four principal butter r
markets during the past week were
confined to readjustments, eastern
prices advancing above those pre-
vailing at Chicago, which previously
had been the higher Shortage of
fresh butter was the cause.
Publication of the storage report
removed the uncertainty regariing 2
the rate of withdrawal of storage
butter In interior points, a question
OF importance because Of the com
paratively slow Withdrawals at the
TOUR large markets. The report indi-
Gated a surplus over last year of
only 2,713.e00 pounds. indicating a
fairly rapid out-of-storage movement.
Trading was conservative but conf
dent.
The foreign situation assumed in
creased Importance with the price
advance. Arrivals at New York dur
ing the week included fifteen cases
of Italian and fifteen cases and 1880
casks of Danish and Canadian but
ter. which found fairly free outlets.
Closing prices and ranges of 90
score butter during the week follow:
Chicago, unchanged at SIN; New
York, 2h higher at 52h; Boston. /
higher at II, and Philadelphia, /
higher at 521e
Evening star., 1923-11-10
COTTON FUTURES
IN SMALL GAINS
Saturday Market Unsteady-Re-
buying by Traders-Day's
Quotations.
BY the Associa ted Press.

by tue htboCiatco ASoc.
NEW YORK. November 1o.-The
cotton market made rather poor re-
sponse to Unexpectedly firm Liverpool
cables, and a bullish private crop es-
innate at the opening today because
of overnight selling orders. First
prices were steady at an advance OF
six to thirty-one points on all months
except September, which was ten points
lower, but the market eased on right
after the call, selling down from 32.63
to 32.40 for January during the first
few minutes. It looked as II good
deal of cotton that had been carried
over yesterdays break was coming out
on the opening rally, but, after the
initial selling orders had neen oa ap-
ing, trade buying and rebuying by
traders, who had taken profits earlier
in the week. January sold up to
32.70, with active months showing
net advances of about 35 to 40 points
during the early trading.
Cotton futures closed irreg gular: De-
$500; January, 32.65; March,
32.83; May, 32.84; July, 1888.
New Orleans Prices Advance.
NEW ORLEANS, November 10
Advances Of 26 to 81 points were made
in the first half hour of trading In the
cotton market today. in sympathy
with better Liverpool than due, a
local crop estimate Of s.S57,oo0 bales
and the failure of the New Orleans
and Mississippi spot frm Of w. J.
Davis & Co., it being generally con-
sidered that the failure was due
merely to inability to fill spot COM
mitments that it had made. Decem- :
Der rose to 1886. But little was left
in the early trading OF the reaction
ary feeling that was such a pro-
nounced feature OF yesterdays trad
ing.
Spot cotton quiet and unchanged.
Sales on the spot. % bales; to arrive,
100 bales. Low middling. $3.50; mid
ding, $500; good middling, 34.12.
Cotton futures closed steady at net
gains of % to % points. Close: 32.47a
32.5S; January, 32.57a32.60; March.
32.7oa32.76; May, s2.6sas2.74; July.
32.25a32.26.
Evening star., 1923-11-10
FOREIGN EXCHANGE
IN FURTHER SLUMP
Sterling at New Low.
French, Belgian, Holland,
Spanish Rates Drop.

NEW YORK. November 10.-Fur-
ther declines were recorded by a ma
jority of European exchanges at. the
opening of today's market.
Demand sterling established a new
low price for the year at $4.37A, more
than % cents below yesterdays final
figures and cents under last Thurs
days quotation. Traders traced
sterling's decline directly to the food
of cotton bills by southern growers,
coupled with nervousness over the
foreign situation. Higher cotton
prices aggravated the already heavy
demand for dollar bills in London, it
was stated. g.. r..-..
Holland exchange also touched a
now low price at 3S.02 cents ead
Spanish peSetas dropped to 1907
ccnts also a new minimum figure for
the year.
French and Belgian francs fell off
several points, the former being
quoted at 557k cents and the latter
at 4.s3a cents
Some Improvement was made by
Danish and Norwegian kronen.
French bonds continued slightly re-
dictionary, although there was no in
dication Of any extended liquidation
by holders of those securities.
Evening star., 1923-11-10
WEEK SEES SLUMP
IN WHEAT MARKET
Much Grain Sold as No Quick Aid
for Farmers Is Seen.
Corn Scars.
nx.ha Associated 2 ,ess

By the Associated PHess.
CHICAGO, November 10.-Seillng
out on the part of wheat owners, who
had ceased to expect immediate heip
from the government led to a ma
teriaI setback in the value OF wheat
this week. Compared with a week
ago. wheat this morning was Is to
Ia down. whereas corn was ZS 10
az up. oats showing - TO &sa -
gain and provisions at II to so ao-
vance.
Vanishing chances of the proposed
German reparations conference count
ed. too, as a bearish factor through
out the week. and so likewise dio
,ibsral increase of the domestic WIS.,
ible wheat supply.
With corn soaring temporarily,
however. to a new high-price record
for the season, and with cotton prices
showing a transient bulge, the wheat
market displayed considerable rally
ing power for while. On the other
hand, British plans for tarin action
likely to interfere with the foreign
trade of the United States was an
evident disturbing influence. and
when corn and cotton reversed their
course the wheat market again
turned weak. bearishly anected also
by the Bavarian military outbreak
and by the fiattening out of hope for
a plan to settle German reparations;
owing to scantiness of receipts and
to disappointing husking. returns,
bulls in corn were able to hoist quo
tations until government report IN
dicated that the seasons yield was
larger than had seemed probable The
reaction which ensued. though, failed
to offset much Of the prior gains.
Oats fuctuated with corn.
Scarcity OF lard for immediate ship
ment lifted all provisions.
Evening star., 1923-11-10
HEADS / OF D0[[|NGS.
COMPANY INDICTED.
Fraud by Mail and Conspiracy
Charged by Ohio Federal
Grand Jury.
BY the Associu ted Press.

BY the Associated Press.
COLUMBUS, Ohio. November 10
William G. Benham and Dwight Har-
rison. deposed heads of the r. L. Dol
lings Company of Ohio, were indicted
yesterday by the federal grand jury
sitting here on charge Of using the
United States malls to defraud and
conspiracy to defraud.
The federal probe lasted two days
and twenty-thfee witnesses were ex-
amined.. Two of the witnesses to ap-
pear were aged women. Mrs. Chris
tina Clark. seventy-four. and Mrs.
Mary X. Miller, seventy. both of CO.
lumbus Mrs. Clark testified she lost
ger life savings, $4,000, in the Dol
lings crash, and out of q comfortable
fortune. Mrs. Miller said she saved
her home and lost $59,0O0. The IN
dictment for using the mails to de-
fraud contains twelve counts and car
ries with 1t a maximum penalty OF
five years. 1t involves methods pur-
sued by the company in the promotion
of stock sales. The mechanics of the
organization are involved in the In
dictment for conspiracy to defraud;
This charge alleges a number OF
overt acts and carries a maximum
penalty of two years.
In obtaining the conspiracy tndict-
ment. District Prosecuting Attorney
Benson w. Hough centered his attack
on the alleged disposition by the X.
L. Dollings Company of funds derived
from sales Of stock Of the lnterna-
tional Note and Mortgage Company.
Mr.. Hough charged that $5,00O.OOo
was taken over by the Dollings Com
pany and that for this cash, notes and
accounts past due from subsidiaries,
which were not earning dividends,
were turned over to the note and
mortgage company for their face
value.
Statements construed by the dis
trict attorney as positive claims to
ownership by the Phoenix Portland
Cement Company of Ohio Of plant
at Nazareth, Pa, not in fact owned
by the company figured prominen y
in the indictment for using the mails
to defraud.
Evening star., 1923-11-10
BY STUART p. WEST.
Special Dispat tch to The Star.

Special Dispatch to The Star.
NEW YORK, November 10.-The
last stock market upturn has
been a recovery from a price level
low, rather than q
fresh advance. 1t has been correcting
past excesses in speculation for the
decline, bringing back stocks to more
reasonable selling prices, rather than
attempting to Discount" the indus
trial development Of 1924.
The fact Is that few have gone SO
far as to predict much bigger things
for next year than we are now.seeing.
Freight traffic continues at the high
est ever known. The general volume
of retail and distributive trade is
enormous. 1t Is sustained through the
double influence of the unusually high
buying capacity of Industrial wage
earners and by the much improved
buying power in the agricultural dis
tricts. These factors are relied upon
to continue and to uphold the present
satisfactory conditions in merchan-
dising lines well into next season.
Steel Orders Lag.
With basic industries. on the other
hand, the outlook 10 still more or less
uncertain. Declaration Of the extra
dividend by the United States Steel
directors was accepted as an express
sion of confidence in the steel out
look. But the latest trade reports
despite their recital Of increasing
railway demands. a brisk business
with the automobile manufacturers
and special buying for Japanese recon-
struction account, state that new or
ders have not yet overtaken output.
That the steel producers expect this
situation to be changed shortly is in
dicated by their refusal to shade
prices. Still the upward turn Is only
q probability as yet
Copper and Sugar Better.
The latest copper statistics suggest
that things are changing for the bet
ter In this direction and that new
buying has come in in sufficient quan
tity to begin once more to cut down
the unsold surplus The sugar mar
ket, too, looks to be at the end of
its reaction. although the market for
sugar futures continues to reflect the
opinion that next years prices will
be lower on the average than those
obtained this year
1t was a good deal of a shock to
learn Of the further price cutting in
the midcontinent oil fields in view
of the expression of confidence that
matters in the trade were mendins.
Evening star., 1923-11-10
B. & o. ORDERS 900 CARS
Road to Spend $2,OoO,o 900 at Once
in New Equipment.
Special Dispa tch to The Star.

Special Dispa tch to The Star.
BALTIMORE. November 1O.-The
placed orders for 1000 cars, which will
cost approximately $4,000, 900
The orders are devided as follows
five hundred all-steel hopper cars Of
ffty-f1ve tons capacity, costing about
$4,000 each and aggresating about
s1,100,00o. order placed with the
Pressed Steel Car Company of McKees
Rock, Pa, and 500 steel-underframe boy
cars Of forty tons capacity, costing an
proximately $500 each and totalinr
about 100000, placed with the Ameri-
can Car and Foundry Company of Ber-
wick, Pa.
Delivery is to commence during the
early part OF next year, and the cars
are to be purchased under an eQuip-
ment trust. :.
In addition to the foregoing. requests
have been made for bids of fifty ALL
steel coaches and five all-steel dining
cars, contracts for which have not yet
been closed.
Evening star., 1923-11-10
COMMODITY NEWS
WIRED STAR FROM
ENTIRE COUNTRY

DENVER, November 1o.-Although
there are about three thousand fewer
farms being operated in this state
than in 1922. there are more dairy
cattle, hogs and poultry than was the
case last year. Hogs show an in
crease of about "a per cent, dairy
cattle, 15 per cent, and poultry, s per
cent.
ATLANTA, November 1o.-Cotton
ginnings from November 1 to the end
Of the season must equal 2,693,41
bales for the crop to reach the last
government estimate Of 1o,24s,oo0
November to the end of the season
totaled only 1.590,so1 bales. The two
Carolinas showed increases in amount
ginned SO far, while other cotton
states showed declines.
| CHICAGO, November 10.-While de-
mand for wool here Is comparatively
light, prices are steady, fancy half
in the grease. There has been some
trading lately in quarter blood comb
ing woods at AZ cents. Montana clips
range between. 43 and AZ cents and
Texas IL months between A and so
cents, according to grade.
ST. LOUIS. November 1o.-"orders
for current needs are being received
in good volume" F. c. Rand, presi-
dent of the International Shoe Com
pany. said today. Our shipments are
showing a substantial increase in
volume over those of last year.
Greater conservatism is eliminating
the economic waste Of radical style
changes"
PHILADELPHIA, November TO-
Exports of wheat from this port
dropped from 4,131,592 in October,
1929, to 1850, S93 last month. but flour
for export Increased nearly ono mil
lion pounds over the 1872 figures to
13. .457.462.
Evening star., 1923-11-10
LEAF TOBACCO.

BALTIMORE, November 1o.-With
Maryland net receipts Of Sol hogs
heads and sales of 1913 hoGsheads, the
mer prices. Some few hogsheads Of
the new crop ground leaves have come
in and these show a leafy ripe to-
bacco.
Maryland prices per 100 pounds
Inferior and frosted. firm leaf. s.ooa
6O0a8.00; good common, 8.5ea23.00; /;
medium, 23.5oa30.o0; good to fine red,
3O.00a50.000; fancy, 5l.00a54.oo; COM
mon to medium, seconds, good to hne,
13.00to35.00; bay tobacco. dre cured,
15.09a55.00; upper country, air cured,
5.0oa4o.oo; 5:o0a12.oo; ground leaves.
new, nominal.
Evening star., 1923-11-10
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office

mand at and just under 80, as was
Ohio and Home Stake.
Southern States Oil, after having
finally broken through the 10 level,
had no difficulty in taking on another
point or so. Imperial Oil of Canada
crossed par just before the close, and
was up points on the week. Stanu- :
ard of Kentucky, at it's best price
above 95a, gained 3 points from the
closing quotation of the week pre-
vious. The recent rise Of s points In
Ohio Oil naturally called for a good
deal of profit-taking today, but II
subsequently got above last nights
final.
Stocks of the speciality class-Amer-
lean Gas and Electric new, Midvale
Company, Centrifugal and Park q
Tilford--were actively bought at ad-
vancing prices, while the upward
tendency prevail in Goodyear Tlre. 9
Evening star., 1923-11-10
SPAIN UNVEILS SHAFT
TO DEAD IN PHILIPPINES
American Ambassador Takes Part
in Tribute to Victims of !,
q. s. Navy.
By the Associated Press.


CARTAGENA, Spain. November 10.
Spain yesterday remembered her
heroes who died in the naval battles
of Santiago, Cuba and Cavite. Philip
pine Islands. when a monument COM
memorating their dead was unveiled
by King Alfonso. There was brill
liant assemblage of army and navy
officials, members Of the court and
diplomatic representatives.
Ambassador Moore of the United
States deposited wreath on the
monument, saying:
Il praise the fighters who contrib
uted to the friendship between Spain
and the United States"
Gen. Primo Rivera, president of the
military directorate, made the prin-
cipal speech.
The presence of Ambassador Moore.
he said, meant recognition of the
splendid fight which the Spaniards
made against the Americans. He
characterized those who took part in
the battles as good Spanish sailors,
who simply followed the doctrines of
Admiral Mendez Nunez. who valued
honor without a ship more than 4
ship without honor"
Evening star., 1923-11-10
GASOLINE PRICE CUT
TWO CENTS PER GALLON
Standard Oil Of Indiana An
nounces Adjustment to Meet
Wholesale Conditions.
By the Associa ted Press.

=
CHICAGO, November 19.-The STAN
dard Oil Company of Inaiana has an
nounced that it will reduce gasoline
prices throughout most.of its terri
tory on an average of cents a gall
Ion effective today.
Tho reduction, 1t was Explained, is
an adjustment to meet the present
wholesale market which, has dropped
during the past severas weeks, the
price of crude having declined from
around $3.50 to about go.
The reduction is in addition to 6
the Standard Of indiana, after Gov
McMaster of South Dakota had start
ed to sell gasoline at reduced prices
through state depots. ct that time
the company announced L was making G
dependents declared an attempt was
being made to drive them out Of busi-
ness.
Evening star., 1923-11-10
SEEKS BOND ISSUE.

The Chicago and Alton railroad,
through it's receivers. asked the In
terstate Commerce Commission today
to authorize the issue Of $5,40D, 600
in equipment trust certificates. Tho
company proposes to purchase new
and reconstruct old equip
ment at total cost OF about $500, 600
and will use the receipts from the sale
Of the proposed securities to assist in
meeting the charge.
Evening star., 1923-11-10
BIG STOCK YARD DEAL.
Atlanta Plans for Largest Plant
of Kind in South.
Special Dispatch to The Star.

6pecial Dispatch to The Star.
ATLANTA, November 1q.-Plans to
establish the greatest stock yard in
the south in this city are involved In
the purchase of the Miller nnion stock
yards here by interests affiliated with
the White Provision Company.
The marked increase in tthe whole-
sale trade in the southeast this week
is attributed to colder weather. and
the sensational advance Fin cotton.
which has stimulated every industrial
and commercial line. J6bbers es-
innate their November trade at 20 per
cent above the corresponding period
of 1922 Retail trade in the country
districts is increasing.
Evening star., 1923-11-10
FIGHT RATE CHANGES.

WILSON, N. C., Novembtf 10.-The
Eastern North Carolina Shippers As
sociation was formed at { meeting
held here Of business men from this
section of the state. One OF the pur-
poses of the organization, According
to the organizers, will be 70 combat
any effort on the part OF the Virginia
corporation commission to have the
Interstate Commerce Ce<nmission
change certain freight ratessaffecting
this territory.
Evening star., 1923-11-10
RHINE BANK APPROVED.

PARIS, November 1o.-A Havas
dispatch from Dusseldorf says that
the plan for the creation of a Rhenish
bank has been approved by the diet
at Barmen. 1t provides for the par
ticipatfon Of French capital up to 80
per cent. The plan was elaborated
at Coblenz by Paul Tirard, French
representative on the Rhineland COM
mission.
Evening star., 1923-11-10
LIVERPOOL COTTON.

LIVERPOOL. November 10>-Spot
cotton quiet prices easier; good
middling. ls.47; fully middling, 1927;
middIing, 1897; low middling. 1892;
good ordinary. 1876; ordinary, 16:42.
Sales 5000 bales, including 1890
American. Receipts, none. Futures
closed very steady. November, 1899;
December, 1892; January, 1888:
March, 1858; May, 1S.4s; July. 1905;
September, 1903; October, 1888.
Evening star., 1923-11-10
STOCK INCREASE VOTED.

NEW YORK, November 10.-Stock-
holders of the New York Title and
Mortgage Company have voted an in
crease in the capital stock from s5.-
0OO, 900 to $4,000, 900. The stock is to
be offered to present stockholders at
$125 per share, payable on or before
December 1, 1928, on the basis of one
new share for each five shares held.
The stock will participate pro rata in
dividends paid after December 1, it
was announced.
Evening star., 1923-11-10
FORTUNE OF HEBREWS
IN ARABIA DESCRIBED
Appeals From Yemen Ask Greater
Facilities for Immigration
80 ~, to Palestine.
Jewish Teiegraphic Agency. +;

Jewish Teiegraphic Agency;
JERUSALEM, November TO- The
plight of the Jews in Yemen, in
southwestern Arabia, is graphically
described in appeals received by
their kinsmen here. ID which the
former urge that greater facilities
be given for the indignation into
Palestine of Jews FROM Yemen to es-
cape persecution at the hands of the
natives.
Kidnapping Of Jewish brides, torture
of aged men and women and the
compulsory conversion. of Jews to
Mohammedanism are among the
grievances enumerated in the COM
munications from the femenite Jews
Evening star., 1923-11-10
DRY GOODS QUIET.
Mills Refuse to Make Any Conces.
sions in Prices.
sneeisl Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, November 10-Trad-
ing was light in today's cotton goods
markets, but mills declined to make
any concessions as a result Of the
break in cotton, asserting that their
goods were not overpriced: even in
view of that development. The 64 by
50 print cloths were quoted at II cents
and 68 by u at 13.
The raw silk market was dull, with
dealers Offering CONCESSIONS of " to
5 cents a pound to buyers.