davidaulloa/AmericanStories huggingface dataset:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-12-17

"a boy Of 10 led Harvard in his
exams and attracted almost as much
attention as football player.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-12-17

Some call it race between Mrs.
Bonus and Mr.. l.. Taxes. 4
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1923-12-17

A whistling buoy was Washed
across the ~ocean, so maybe nc
whistled to keep its spirits up.
Evening star., 1923-10-30
TRADING VERY DULL
IN LOCAL STOCKS
Interest Centers in Bankers
Convention-Gas Light
Stock Sells Lower.

The badly depleted attendance Of the
Washington Stock Exchange. occa-
stoned by the convention of the In
vestment Bankers Association, again
was in evidence this morning, when a
new minimum trade record was estab-
lshed on the local board.
washington Gas Light stock reached
new low mark for the present move
ment, twenty shares selling downward
to 47$. Washington Gas 6s of 1898
were easy at par. with 5000 changing
hands. while Mergenthaler held its re-
cent strength at 1891.
Bankers to Lecture.
II. w. Burnside, chairman of the
educational committee of the local
chapter, American Institute of Bank
ing. VIII substitute for F. G. Addison.
IT.. tonight; lecturing before the ele,
mentary class of the association on
receiving and Transit Departments"
tomorrow night Raymond b. Dickey
VIII give the fourth of his series Of
lectures on contracts. The following
Catholic University will lecture be-
lore the economic class on economic
problems. On Friday night Carl V.
Starkloff of the Drovers and Me-
chanics National Bank of Baltimore
Will give his second lecture before
the newly organized class in credits.
Glasses are being well attended.
the students numbering about twice
me number enrolled last year.
Company Pays Dividend.
The Washington Mortgage and
FINANCE Company announced the paw
ment OF a dividend at the rate of
per cent per annum on preferred
STOCK OF the company outstanding as
or April 1, 1928.
Reports to End Convention.
The convention of the Investme.n
Bankers Association of America VI
wind up here tomorrow with the re-
ports Of the various committees.
These include railroad securities,
eoucation, marine securities, in
dustrial securities. taxation, real
estate securities, fraudulent adver-
ising, publicity and business practice.
Ihere Will also be a report by the
educational Director, Samuel o. Rice.
This afternoon more than 200 dele
the Congressional Country Club.
while the remainder of the conclave
are attending military drill at Fort
Myer.
Leow's Earning $3.50 Per Share.
The annual report of Loew's. Inc.
1890 share earned on 1,060.7S0
shares no par value common stock
after taxes and depreciation. Di-
rectors will probably restore the So
dividend rate early in November, it
Is rumored.
Operating income from September
l, 1922, to March IL. 1928, was s2.007.-
613. Taxes and depreciation for en-
tire year are written off in active six
months. so that operating income in
the dull summer period is net. Net
income in season ended March IL,
1923, was s1.556.554 after taxes.
against S1.149,901 in the previous sea-
son. Net income in year ended Aug
ust 81, 1922, before writing off
extra aordinary charges against sur
plus totaled s2.400,194.
Much stock is held locally, due to
the wide selling campaign here about
two years ago.
Evening star., 1923-10-30
COTTON IRREGULAR
IN TRADING TODAY
Much Evening-Up of Con-
tracts Before Governments
New Crop Report.
By the Associated Press.

By the Associated Press.
NEW YORK, October 3o.-The cot
ton market was rather irregular and
unsettled early today. The opening
was to 10 points lower, in response
to rather disappointing cables. but
prices soon stiffened up on covering
and rebuying which seemed to be in
spired by unfavorable weather re-
ports from the south and prospects
for another cold wave. January
sold up from 1920 to 30.32. but the
bulge met scattering liquidation and
prices slipped back a few points dur
fng the early trading.
Much of the business was supposed
to represent evening up of accounts
in preparation for the governments
crop report on Friday. Private cables
vance in Liverpool were due to real
izing because of less active spot de-
mand.
New Orleans Prices Higher.
NEW ORLEANS, October 30.-A
break in the Liverpool market caused
lower prices on the opening trades in
cotton here today, but after declines
encountered, based on rain and cold
weather in the western belt and at
the end of the first half hour of busi-
ness prices were 6 to IA points high
er than the final sales of yesterday.
December fell off to 1925 and reacted
to 30.48.
Noon Bids on Cotton.
NEW YORK, October 30.-Cotton
futures, HAS am. bids: Steady; De-
cember. 1910; January, 30.19; March,
1922: July. 1856.
NEW ORLEANS. October 30.-Cot-
ton futures, noon bids: Steady; De-
cember, 3054; January, 30.40; March,
1924; May, 5000; July. 29.61. Reports
of a better spot demand, both here
and in the interior, and kilograms
from Galveston raising estimates OF
end of the month exports from that
port to 100000 bales. increased the
demand for contracts. Toward noon
December was up to 1886, with the
list at gains over yesterdays last
prices of IL to 23 points. Near months
made new high levels for the season.
Evening star., 1923-10-30
BOND HEAv|NESS
IS LAID TO BONUS
Concern Over Possible Ac.
tion Blamed for Declines
: in Today's Market.
BY GEORGE #. HUGHES.

Special Dispatch to The Star. ,-
NEW YORK, October 30.-For the
fairly general heaviness in today's
bond market. the only explanation
Wall street had to offer was concern
over the bonus. Time money con-
tinued dull and easier with funds
available at per cent for maturities
up to sixty days, so that influence
was all favorable to higher prices
for bonds. The only thing left to
blame was the bonus.
Libertys Turn Weak.
Libertys were affected the most, all
the old Az per cent issues as well
as the tax exempt 3ks and the Treas
ury ANS dropping back substantial
1y. The high-grade rails and indus
trials showed more irregularity and,
in some cases. there were even frac-
tional advances. but the general mar
ket sympathized with that for United
States government loans.
Short-term issues Of prime quality
were still in active demand. notably
American Telephone and Telegraph
collateral trust As of 1929 and Lake
Shore debenture As of 1928. The
and the latter on a 5.35 per cent
basis.
Long Terms i'm Demand.
In contrast with this interest In
the short maturities, there is good
inquiry for the low coupon. long
term issues, such as General Electric
315s and Chicago. Burlington and
Quincy, Illinois division, 8 " s, all this
on the theory that If money rates are
to continue to seek lower levels the
improvement in low coupon rate
bonds will be greater proportionally
than In the high coupon rate.
Speculative bonds were affected by
the heaviness in the general market.
This was especially the case with
some of the rails. The st. Paul As
of 1925! the short-term issues, sold
below So, making a new low record,
and the Missouri Pacific 6s were
traded in below Sc again. The ST.
Improving its earning record, but so
far the improvement has not extend
ed to the bonds.
Industrialn Unsettled.
Among the industrials the Anaconda
issues, the mortgage secured IS and
the debenture Is. both made new lows
with a subsequent rally. Brooklyn
Manhattan Transit IS dropped below
bonds of a more or less speculative
quality were fractionally lower Chi
cago Railway SIS was one of these.
In no case however, was the the loss
large and generally there was some
recovery in the afternoon.
Fractionally recessions were the
rule in the foreign group. particular
ly in the French obligations. Trading
was on a very small scale.
Evening star., 1923-10-30
HAT BUSINESS HAS
INCREASED VOLUME
Manufacturers Report Labor
Scarcity-RaW Materials
High-Derby to Stay.

PHILADELPHIA, October 30.-The
volume of hat business this season is
in favorable comparison with that of
1922, according to important manu-
featuring interests. Makers are
Handicapped by lack of inclination to
anticipate the seasons requirements.
A few large factors place their sea-
sons needs with confidence, but
smaller dealers order from SO to rs
per cent and send rush orders later.
With many styles, weights. colors
and varieties of surface finish, a tre-
mendous stock of merchandise is re-
quired to do business. Collections
are fair and better than at this period
last year.
Women's Fashions Blamed.
Women's fashions are blamed for
some of the hatters' difficulties. They
contribute considerably to curtail the
supply of high-grade furs formerly
used for mems hats. These skins
now go into limitations of high-grade
furs for women's garments.
Large makers of mems hats are
facing a labor situation that they say
Is hard to solve. Not enough appren-
tices are learning the trade to take
the places of those who pass out.
and Filipinos are proving most
adaptable.
Hard to Get Materials.
The raw material situation is un-
satisfactory. The supply of Russian
furs has been virtually cut off some
time. This grade, which formerly sold
for $3.50 per pound, now, if obtain
able, brings whatever Is demanded
up to So to 50 pound. Shellac,
which formerly was purchased at Is
to 21 cents per pound, now runs 20
to 80 cents. In former times it cost
from 25 to 80 cents a dozen to stiffen
hats; now the expense is $1.05 to
$1.1O. Dyeing hats has advanced
from % cents dozen to s5 to 80
cents. Leather for sweatbands is 25
per cent higher than a few years ago.
1t is impossible to obtain Russian calf
and nothing else has been made to
take its place.
Stin Hat to Remain.
Although the soft hat has displaced
the derby to a large extent, makers
are Of the opinion that the stiff hat
will never entirely disappear, as it is
needed for dress wear. A few years
ago the distribution was IS per cent
of stiff hats and Is per cent soft.
These figures have been reversed.
Light colors are selling for winter
wear and the tendency appears to
favor a continuance for the spring
season.
Evening star., 1923-10-30
DEMAND FOR BUTTER.
SHOWS BIG JUMP
160,O00,000 Pounds More Than
Year Ago Being Used.
. Imports Heavy.
BY the Associated Press.

BY the Associated Press.
OMAHA, Neb., October 30.-The
consumption of butter in the UnTed
States has increased 160,00o.000
pounds in the last twelve months. ac-
oording to Dean H. L. Russell of the
College of Agriculture Of the Uni
versity of Wisconsin.
The production has shown an in
crease of 1OO,O00,000 pounds in a
year to meet the rising demand"
Dean Russell said, but the country
has been compelled TO Import 60.000.-
900 pounds to make the difference
esssssa suppiydespise ahe facs na that
the Fordney tariff places high duty
of cents pound on butter"
Agricultural experts, Dean Russell
asserted, are unable to explain the
big increase in butter consumption.
Evening star., 1923-10-30
MARKET CLOSES EASY.
Oils Going Down and Rails Up as
Session Ends.

By the Associated Press.
: NEW YORK, October 30-Today's
stock market presented the same
general characteristics Of those of
the last week, namely. support for
the pivotal shares and scattered
liquidation in other sections of the
list Operations for the decline were
accelerated by the relatively high
renewal rate for call money, reduc-
tions in the refined sugar and mid
continent crude oil prices and the cut
in the National Enameling dividend.
Sales Appropriated $4,000 shares.
The closing was easy. Fresh weak
ness developed in some of the oil and
chemical shares in the late dealings,
but the tobaccos and a few of the
low-priced rails contained their move
to higher ground.
Evening star., 1923-10-30
$4,000, 900 to Farmers
for Grain and Potatoes
Special Dispatch to The Star.


ST. PAUL October 30.-Northwest
business conditions are improved sub
stantially over those Of last summer
and a year ago. the purchasing power
of the farmer having increased more
than II per cent. according to OFF,
cials Of the ninth district federal re-
serve bank. This includes a gain of
$40. 100000 from grain and potatoes.
greater production Of higher'priced
corn havinE1offset the decrease suf-
fered through cheaper wheat. Live
stock shipments are running Is per
cent higher than a year ago, and
dairy products are producing larger
aggregate returns.
Retail trade has been stimulated
somewhat by cold weather, and great
ly increased shipments of clothing
and other merchandise indicate fur
ther improvement. Savings bank de-
posits are up IL per cent over last
year. Liquidation of debts has in
creased markedly. Banks are loan
ing money at ~ and per cent.
Evening star., 1923-10-30
BUILDING SHOWS GAINS.

CHICAGO, October 80 (SpeciaD.-
Building construction permits here
SO far this year have involved a total
of $277, ,10S,72s as against $227,741,S70
for all of last year. The total for
this month is expected to reach $32,-
0e0, 900. and the city probably will end
the year with new buildings costing
$500, 100000 authorized or completed.
Evening star., 1923-10-30
METAL MARKET QUIET.

NEW YORK, October 3o.-Copper
quiet; electrolytic spot and futures,
12ha13H. Tin steady; spot and near
by 41.62: futures, ALSO. Iron steady;
prices unchanged. Lead steady; spot,
SIS. Zinc steady; East ST. Louis spot
and nearby. 6.32a6.35. Anthony, spot.
S.50aS,6o.
Evening star., 1923-10-30
WOOL SALES LIVELY.

LONDON, October 30.-At the wool
auction sales yesterday 1876 bales
were offered. There was a full at
tendance of buyesr. Secured merinos
ruled slow and irregular. Faulty de-
scriptions were quoted per cent be-
low the last series of sales. America
took fair, supplies of light greasy
crossbgeds
Evening star., 1923-10-30
PARIS PRICES IMPROVE.

PARIS, October 30.-Prices i'm
proved on the bourse today. Three
per cent rentes, IS francs SO centimes.
Exchange on London, IS francs 98
centfmes.
Five per cent loan. 73 francs So
oentimeA.
The dollar was quoted at 1s francs
94h centimes.
Evening star., 1923-10-30
TREASURY CERTIFICATES.
MIGRATION STILL ON.

ATLANTA, October 80 (Specia).-
Predictions early in the year that
negroes leaving for the north would
return when cold weather set in are
not being fulfilled. The movement
north continues, with the number
leaving counter balancing the num-
bs1 who are returning.
Evening star., 1923-10-30
FOREIGN EXCHANGE,
Rv the AssOcia ted Press,

NEW YORK, October 3O.-Forefgn
exchanges irregular; quotations Gin
United States dollars): Great Britain,
demand. 4.48as; cables. 4.4ss; sixty
demand. .0587: cables. .05s7h. Italy.
demand, .O45O; cables, .045O1z. Bel
Eium, demand, .o5o4h; cables, ,o5o4&.
Germany. demand: .0ooooooooo1O;
cables. .000OO0OO0010. Holland. de-
mand. -38S2s cables, 1887. Norway,
demand, .15O8. Sweden, demand,
.2631. Denmark, demand, .1714. Swift
zerland, demand, .17S1. Spain, de-
mand, 1886. Greece, demand, .0150.
Poland, demand, .000000h. Czecho-
slovakia, demand, .0293. Jugoslavia,
demand, -e0120. Austria, demand,
Argentina, demand, .3237. Brazil, de-
mand, .0s25. Montreal, .9S 21-32.
Evening star., 1923-10-30
SILK PRICES SHADED.
Buyers in Waiting Mood in Dry
Goods Market.
i,I nisn.tch TO The Star.

Special Dispatch to The Star. q
NEW YORK, October 3o.-Cotton
goods markets were fairly quiet to-
day, with both buyers and sellers
waiting for the government report on
raw cotton Friday. Print cloths again
were quoted at l8A for the 81 by so
and IL for the 6S by 72. The raw
silk market was duh, with importers
shading prices 5 cents In. some Japa-
Neses2gaAeSs ssesse
Evening star., 1923-10-30
CHICAGO LIVE STOCK MARKET.

CHICAGO, October 80 Omitted States
Department of Agriculture. .-Hogs-
Receipts, $4,000 head Fairly active;
generally steady; bulk good and
choice. .230 to 325 pound butche RS,
7.50a7.60; top, 7.65; better grades, $50
to 235 pound averages, mostly 700a
7.35; packing sows, 6.50a6.75; desira-
BILE weighty slaughter pigs. 5.75a6.25.
Cattle-Receipts, $4,000 head. De-
sirable fed yearlings and handy
weights scarce: strong: killing quail
ity generally plain; fat matured
steers, 11.50; short fed varying con-
siderable weight. 600 to $50; she
stock steady to strong; bulk weighty
bOlOgnas, f,5O; lighter kinds down.
ward to 6.75 and below: vealers 25
higher: $50 to 1925 to packers
Sheep-Receipts. 10000 head Ac-
tive; killing lambs strong; sheep
steady; feeding lambs steady to
strong; medium to good fat range
lambs, 1915 to 1900; good and choice
fat native lambs and fed western.
mostly 1900 to 1925: bulk to city
butchers, 13.45; fed clipped lambs
around 80 pounds, 1915; culls. native
largely, $50 to 1000; medium to
heavyweight fat ewes. 500 to 500;
better grades feeding lambs, 1880 to
1915.
Evening star., 1923-10-30
T0DAY's FLOUR PRICES.

MINNEAPOLIS, October 30.-Flour-
Unchanged; shipments, 51,3so barrels.
Rran. 2S.o0a2S.50. Wheat, No. 1 north
ern. 1.12ha1.17h; December, l.l2h :
May, LII. Corn. No. yellow, S4aS5.
Oats, No. 3 white, 37Na3SM. Flax. No.
1, 2.35Na2.37H.
Evening star., 1923-10-30

Miss Agnes Bertelson of Minneapo-
lis is meat butcher by trade and Is
declared to be an expert in handling
the knives and cieavers,
Evening star., 1923-10-30
DAIRY PRODUCTS.

BALTIMORE, October 30 (speciaD.-
Poultry-Live spring chickens, 2la23;
Leghorns, 18a20. Old hens 17a25;
Leghorns, 17a1S; old roosters, Halls
turkeys. 40; ducks, 17a25; pigeons,
pair, 20a25; Guinea fowl. each, 40a65.
EggsLoss off, native and nearby
firsts, dozen, 46; southern, 40a43.
Butter-Creamery, good to fancy,
pound, 45a49k; prints. 49a51: nearby
creamery, 3Sa42; ladies. 34a35: rolls.
2Sa32; dairy prints, 2Sa32; process
butter, 3Sa39; store packed, "a.
Evening star., 1923-10-30

Cali Money. 8 ~ 4h
HOURLY SALES OF STOCKS.
IL a.m..... 1853 400 IL m. 49,. -324 900
p.m..... 405 100 PM. .l6l 900
Evening star., 1923-10-30

TOTAL SALES (Par vaius);
liam. 8 LAG 900 IL noon. 5 l91 900
1p.m.. 6542O00 2p.m.. 1914 900
Evening star., 1923-03-01
US. CONSULATE TO OSTAY
At NEWCASTLE
Refusal of Britain to Exonelate
American Officials Is
Cause.

The American consulate at New
oastle-on-Tyne will not be reopened
and disposition of the lease Of the
consular premises is to be made, the
British government was informed yes
terday by Ambassador Harvey in
London
This action by the United States
government is regarded as closing
tho controversy which has existed
between the two nations since last
July, when the exequaturs of Consul
Slater and Vice Consul Brooks were
cancelled by Great Britain on the
ground that these two officials had
Disseminated against British vessels
The note. handed to Lord Curon,
British minister, was in reply to a
communication from Lord Curzon of
December 81. The American govern
nent had maintained that the two
officials should be publicly exonerated
by the British government of the
charges that they were attempting
TO divert passengers from British to
American ships, but no such public
acquittal has been issued. The note
of yesterday reiterated that thor
ough investigation had shown con-
clusively that "the charges preferred
cannot be substantiated."
The British government had sug-
gested that the United States and
Evening star., 1923-03-01
D. c. BUILDING RAPIDLY
REDUCING IDLENESS

A tremendous construction program
is swiftly absorbing building trades
men activities in the District of CO.
lumbia, according to a hurried" sur
vey of the employment situation here
by the Labor Department. The pres
ent supply Of unskilled labor is some
what in excess of the demand, how
ever.
Decreased unemployment. heighten-
ing demand for labor In nearly all
industrial centers and impending Ia
bor shortage in many areas was re-
ported by the Department
Industrial employment continued to
increase during February and short
ages Of both skilled and unskilled
labor were reported by the textile
and steel mills anu in the anthracite
regions.
The farm labor section of the en-
ployment service. while noting that
the present season is ordinarily the
dullest Of the year on the farms. re-
ported that il was finding more de-
mand for workers Of the types it
handles than is normal. and predicted
a shortage OF farm hands as soon
as regular farm operations get into
full swing.
Evening star., 1923-03-01
J. G. M'NARY MAY GET
RECESS APPOINTMENT

Should the Senate fail during the
session to close March 4 to act upon
the nomination OF James G. NIcNary
to be controller of the currency,
President Harding, in all probability.
will place Mr.. McNary in the position
by a recess appointment.
This was learned today on high au-
thority at the Treasury Department,
officials of which feel that there is a
chance for McNarys nomination to
be confirmed on Saturday, when a
vote is to be had
In case the Senate, however, re-
jects the McNary nomination and
confirms the nomination of D. r Cris-
singer, now the controller of the cur
rency, to be governor of the Federal
Reserve Board, there probably VIII
be no recess appointment by thsl
President. Thomas T. Kane. deputy
controller of the currency. would act{
during the interim, it was explained
until a new controller could be ap
pointed.
Evening star., 1923-03-01
1,2O0 PUPILS MARCH
TO EASTERN HIGH
Quit Old School for New in
Long Parade. Led by
Band of Twenty.

Twelve hundred strong. the student
body of Eastern High School today
stormed their new and imposing
structure at 18th and East Capitol
streets. and IL surrendered. The
transfer was marked by probably the
greatest celebration Of its kind East
Washington has ever witnessed.
With brief but impressive ceremo-
uieS in front Of the old building at
1th and & streets southeast, the stu
dents bid it farewell and marched in
a body TO the new school and after
formally taking possession of il were
dismissed for the day. In the pro-
cession. which was fully half n
mile in length. We're Stephen L. kra
mcr. acting superintendent of schools:
teachers and Il number of alumni of
the school.
Headed by Band.
Led by a band of twenty pieces. the pro-
cesSion headed north on eth street and
turned east into East Capitol street.
Hundreds of parents of the students
gathered along the line of march and
cheered as the procession passed. All
of the students We're garbed IN dlStinc-
tive costumes, the seniors in blue crepe
paper hats. the juniors III red caps. the
sophomores in yellow caps and the
freshmen i'll green caps.
Arriving at the new school. the
students formed around the bronze flag
staff iii front of the building, which
was erected by the alumni association
as a memorial 20 the schools world war
dead. and sang the national anthem
while g. q. Foster. president or the
alumni association, ran UP new Ainerl-
can flag. The students. headed by the
faculty and alumni, then f1led into the
a sse,nbly hall of the new building and
staged Il final celebration III honor Of
its formal oDEfIlIig.
Acting Supt. Kramer. al one time a
leacher in the old Eastern High
school welcomed the students into
their new home admonished them to
maintain the school spirit which has
characterized the entire history Of the
school.
Let your motto be ITO the old East
ern we will be true, and to the new
Eastern we will be faithful" said
Mr.. Kramer. Other speakers were
Mr. Foster. Arthur Robb. represent
ing the Eastern Home and School AS
sociation, and Mrs. Bertha l. Gardner,
a member of the faculty Miss Gard
ner urged the students to maintain
their high scholastic record.
Evening star., 1923-03-01

Great Britain send identic instruc-
tions to their consuls in regard to the
assistance to be rendered to the mer-
chant marine of their respective
countries, and had offered to, drop it's
charges against Slater and Brooks
without prejudice on condition that
the Newcastle consulate be reopened
The Washington government de-
clined to permit the proposal with
reference to identic instructions to
enter into the discussions and stated
it could not accept a mere dropping
Of the charges. as such action would
not serve to exonerate the two Off
cials involved. At that time. how
ever, the United States offered to re-
open the consulate provided the Brit
ish government would restore the
exequatur and recognition of both
Slater and Brooks and make public
announcement of the reason for do
ing so. The British government In
it's note of December 27 declined to
change its original position.