davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
HIGHER
IN CLOS|NG
SESSION
Steel and Copper Stocks
Leaders in Vigorous
Forward Drive

NEW YORK Dec. 27v-StOck
prices moved vigorously to higher
price levels today in another re.
markable Representation of the
strength Of the market and the sta
bility of->the present price structure.
All traces of the holiday spirit dis
appeared and the stock market was
again the scene of raging, plung-
ing, buying movement in which
prices rushed up to new high levels
for the year and in some cases the
highest prices in a decade.
The coppers and steel stocks were
the leaders in the city advance in
prices. but trading had not pro.
ceeded very far before the equip
ment, motor, speciality stocks and
high-priced industrial leaders joined
the movement and underN the lnl-
petus of an extraordinary buying
movement, were swept on to higher
price levels.
The copper stocks had apparently
not fully discounted the effect of
the Anaconda unexpected dividend
resumption, and the gradual I'd
vance in the price of copper metal.
Heavy trading in the copper stocks,
including Magma. Anaconda, Kenne-
colt, American Shelters, and Cerro
de Pasco and Chile. was also sea-
tured by the rise of most of these
stocks to new high prices for the
year.
With United States Steel above
12O for the first time since 1917
and larger operations reported for
all of the large steel manufacturing
mills, 1T was natural that specula-
tive interest should be attracted to
the independent steel stocks. Reth.
lehem Steel sold above so for the
first time in the current movement
Republic was up 2 points to above
so; Gulf States, Colorado Fuel and
Vanadium about a point higher.
High priced market leaders like
Cast Iron Pipe, Pullman, Worthing-
ton Pump, Texas Gulf Sulphur and
American Can continued the for.
ward movement which started early
in Fridays session. Baldwin Loco
motive sold at a new 1924 high
above 1874; Cast Iron Pipe around
1853, a gain of 10 points from yes.
terdays low. Texas Gulf sold above
10 and General Motors above &c.
The Oil stocks were fairly steady,
with some Of the low priced issues
like Simms and Pure Oil making
fractional gains. The Pan.Ameri-
cans were active at slightly higher
prices. Rails were firm with the
exception of the St Pauls. which
was sold on the disappointing earn
ings report for November.
Sterling exchange sold up / cent
at 4.72 for cables; cotton was strong
and grain markets steady.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
STOCK MARKET
HAS ACTIVE.
WEEK
Led by High Price of indus.
trials, Prices Rise Despite
Profit-Taking
BY w. s. COUSINS,
international News Service Financial
Editor.

international News Service Financial
Editor.
NEW YORK, Dec. 27.--Reaction
airy movements in the stock market:
an increase in call money rates to
the highest level since April; buoy
ancy and activity in the grain mar
kets, followed by reaction on profit
taking; steady cotton markets, with
little change in the price structure;
strong. markets for the principal
metals. including copper, zinc and
lead; higher production and increas.
Ing operations of industrial plants.
principally the manufacturers of
steel; unusual activity in many lines
OF business which normally show a
decline at this season of the year;
hesitancy among stock traders and
an inclination. to take profits in
stead of adding to stock commit.
ments-these were the principal fea.
lures of the last full week of the
year.
The week opened with profit TAX
ing in full swing in; many of the
industrial and railroad stocks, an
operation which accelerated with
the gradual melting away of values
and the increase in call money rates.
The process continued in the second
session, despite the fact that indus
trial developments were unusually
favorable and emphasized by the
resumption of dividends by import
ant concerns, including the Ana
c0nda Copper Company. Simulta-
neously with this general decline in
prices, however, there was strong
forward movement in a number Of
the market leaders, and when trad
ing was resumed on Wednesday
profit taking appeared to have been
completed, for the time being at
least, and selling pressure was much
reduced. Led by a number of the
high.priced industrial stocks, some
of them under pool operations. the
market was ready to resume its for
ward price movement and the rally
was continued after the reopening
Of the market on Friday.
The stock market exhibited less Of
the spectacular features that have
marked the course of stock trading
since the middle Of November
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
TRADE STEADY
AS OLD YEAR /
CLOSES
Industrial Activity Reported
As Best Since Early Spring
by Trade Reviews

NEW YORK. Dec. 27.--Tndus-
trial activity is reported as the
best since early spring, with
greater expansion in construction
lines The release of holiday
money from banks and other
petus to retail trade, although
there is at the same time the
customary quoting down in the
primary markets. Unreasonable
weather is responsible to a con-
siderable degree for some of the
irregularity reported inasmuch as,
it has retarded, il not actually
damaged, trade in certain lines,
while on the other hand it has
stimulated business in other direc-
tons.
Bradstreets says: Weather
seventies and irregularities. plus
some changes in character of goods
bought, have made for set 81.
rather mired reports regarding
retail and holiday buying. Primary
lines and industries, most Of these.
in what might be termed con
structive lines. while quieter on
the whole. have. continued to SEND
quite uniformly cheerful advices
as to the present and future Of
trade. There is little dispute that
about as active a line as any in
the entire country is radio mater.
ial, which sold apparently to the
limit Of dealers ability to deliver,
Mail-order buying is also said to,
have had a wonderful finish, while
a fair recorder trade was done al
the eleventh hour by jobbers."
"Dun's says: LAS the end of.
the year approaches, there is much
satisfaction regarding business re-
suits and in those lines which have
not participated to any great
ertent in the improvements recently
witnessed indications are unus-
ually favorable for material
broadening in activity early in the,
new year, when annual inventories
have been completed. More season.
able weather in many sections, the,
payment of large sums in the way
OF bonuses by banking and trading,
concerns and the release by banks
of Christmas savings funds, have
greatly stimulated retail trade dur
ing the past two weeks and Holt.
day sales at practically every i'm;
portant center have exceeded prev
iQuS records. In most wholesale
departments, due largely to the
fact that travelling men are home
for the holidays and business :
houses are. devoting attention 10
preparations for inventories, the.
customary quieting down of this.
period is noticed, but the confident /.
feeling and optimism with which
the future is regarded, presents
mn d nN.Irn6 RI no
situation that prevailed a. year
| a on - Is
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
Chicago Live Stock

CHICAGO, Dec. 27.-The hog
market was steady to strong with
demand from shippers and packers
buying freely. The supply was
we'll cleared with the trade looking
for $4,000 next Monday The best
heavy hogs sold at $10S0 which is
so cents higher than a week ago.
Cattle were steady but the good
heavy shipping grades are so cents
better than a week ago. The best
yearlings here this week sold at
$14. Cows and heifers are up %
cents for the week and bulls are
strong to rs cents higher Calves
advanced So to 81 with best at $16.
Stockers and feeders held steady to
strong.
Lambs advanced $3.50 to 1925
under the influence of an urgent
demand from the East. The best
brought $19.25.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
USE PORTABLE DRILL TO >
DIG HOLES FOR VINES

F. Los ANGELES, Dec. 27.AOne of
the most ingenious uses for the
portable electric drill was demon
strated recently in the fruit-grow-
ing territory of California; where a,
pair of automatic augers. operating,
from one motor mounted on a.
small truck, bored holes for so 900.
grapevines in ten days. This re-
suited in a saving OF $500 a day
over hand labor. ?
Six thousand holes, three inches
in diameter and eighteen inches
deep, We're dug each day.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
Local Stocks

FURNISHED by w. 9. 1Iibbs s Coz
SALES.
Potomac Electric General and Re-
funding Is Al, $1.000@108.
Capital Traction, 11@91&.
Washington Railway and Electric
preferred, 10@78h, 10@78%.
Lanston Monotype, 5@76&, 100
76%.
Mergenthaler Linotype, 7@169, go
10S.
National Mortgage and Improve
ment preferred. 50@9A, 50@9s,
After Call-Washingtons Gas IS,
&2?50OM99. $3,O00@99, $5OOQ99.
Washington Gas IS SO, 81 ,000@163.
Capital Traction IS, $500@99.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
CHOW DOG SAVES FAMILY y
FROM DEATH in FLAMES

BAYONNE, n. j., Dec. BLY,
his repeated barking and bowling,
Rex, a Chow dog, saved the lives
of William Ruski and his wife Ind
children when fire destroyed theirs
home here.
Flames had almost enveloped the
two bed rooms where the family
was asleep when the dog aroused
the sleepers =
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
COMPULSORY EDUCATION /,
SCORED BY BOYS FATHER,

SUNBURY, Pa, Dec. 27.--Williaal.
Heiss, Shamokin. township, attacked
the constitutionality of the compul
:
sorry education act in the Northum-,
berland County Court. He was fined
50 for failing to send his child To
school.
The father alleged that the legis-.
1ature did not contemplate a law
that requires boy to arise at s,
a. M, walk two miles to a waiting
station, and then ride six miles in.
a wagon before he could get to the
nearest schoolhouse, which is re-
quired in his six-year-old sons case.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
Chicago Grain Market
(Furnlshed by ~. u HIDE (

CHICAGO, Dec. 27.-Grains open.
ed irregular here today.
Wheat. Is cent up to rs cent
down. Corn, unchanged to % cent
up. Oats, q to Il cent up.
Opening prices:
Wheat - December, S1.77% to
l.77R; May, $1.S0A to $1.S1: July,
$1.53A to $1.531R.
Corn-May, $1.31A to $1.31h;
July, $1.31Ts to $1.32.
Oats-May, 65as to 65&c: July,
64ss to 645sc.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
N. Y. Cotton Market

NEW YORK. Dec, 27.--The cor ;
ton market was higher at the open =
ing today. First prices were up
from 5 to Is points January
opened at 23.S5, up 5 points; March
at 24.25, up II points, and May att
2463, up 10 points, I'm ~ ="
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-27
Oil Stocks

FURNISHED by W. D. .iibbs & Coz
The Coconino sun., 1924-05-09
ARIZONA ROTARY TO BE IN
FORTY SECOND DISTRICI

Neither of the new Rotary districts
created out of the present eighth dis
trict will get the number of the pres
ent district, according to G. A. Mar
tin, governor of the present eighth
district.
On July / Arizona and Needles,
California, will become the Forty-sec-
ond district and New Mexico and wes-
tern Texas will become the forty-third
district, according to official advice
from Rotary International to the pres
ent district governor.
Eventually it is expected that So
nora, Mexico, will be a part of the
forty-second district and the state of
Chihuahua, Mexico, part of the for
ty-third.
When the new districts are created
George III. Todd of Phoenix will be-
come governor of the forty-second,
and Charles N. Barber Of Albuquer-
que will become governor of the for
ty-third.
The Coconino sun., 1924-05-09
APPOINTMENT OF TWO ARIZONA
CADETS TO MILITARY ACADEMY

Senator Ralph H. Cameron has an
nounced that he has at his disposal
the appointment of two cadets TO the
u. S. Military Academy at West
Point. To insure an equal opportun-
ity to every Arizona boy to secure
one of these appointments, compet-
tive examination will be held through
the civil service commission on Satur-
day, May 81.
The two applicants receiving the
highest marks in this examination will
receive official appointment to the
military academy, provided they are
equipped to furnish an educational
certificate from an accredited high
school, or its equivalent. The four
boys receiving the next highest marks
will be considered for appointment,
according to their ratings, in the event
the principals fail to meet the en-
trance requirements.
These appointments will be abso-
lutely non-partisan, according to Cam
eron, stating that merit alone will
govern such important appointmets
The examinations will be held at
Yuma, Phoenix, Prescott, Flagstaff,
Globe, Tucson, Nogales, Bisbee and
Clifton. All applicants must be be-
tween the agts of II and %.
The Coconino sun., 1924-05-09
HUSBAND, WIFE ARE GIVEN
FINES ON LIQUOR CHARGES

The Wesley Reynolds family of
Winslow felt the heavy hand Of the
law when Judge Fred G. Jacobs i'm
posed fines of more than passing no.
tice on the husband and wife for deal
ing in the "cup that cheers but al
ways inebriates. Reynolds drew down
fines of $100 on each Of two counts,
and 5000 on a possession count. Mr..
and Mrs. Reynolds, charged jointly
with violation of the liquor laws,
were fined $3.50, she paying the PEN
atty of $50 and he being given a fine
of 500. Mrs. Reynolds pleaded gull
ty to a second count and the court
imposed an additional fine of $50.
Louis Ebeling entered plea of
guilty to possessing still and mash
and was fined $3.50 on an additional
count charging possession of SO gal
Ions of whisky. He had a fine OF
$3.50 imposed. The third defendant
to enter plea Of guilty was ]. c.
Garcia, who was fined 5000 on one
count and $3.50 on second.
The Coconino sun., 1924-05-09
STATE PEACE OFFICERS
MEET AT PHOENIX

Sheriff J. T. Mcdonald Of Cochiss
county was elected president of the
newly organized Arizona Peace Oflic-
ers' association, at the first annual
meeting of the organization at Phoe-
nix. Other officers elected We're
George O. Brisbois, Phoenix chief Of
police, firse vice-president; William
A. Campbell, sheriff Of Coconino coun-
ty, second vice president; Waiter w
Bailey, sheriff of Pima county, third
vice president; Dallas Ford, Tucson
chief Of police, fourth vlce-president;
Barney Welch, Miami chief OF police
fifth vice president, and e. j. Ash
ley, Maricopa county, undersneriff
secretary and treasurer.
Cooperation was sounded as the
convention keynote by police heads
and officials who addressed delegates
from every section of the state.
Suggestions also were made for en-
actment Of legislation deemed neces-
sary by the peace officers.
James S. Kerby, secretary Of state,
urged the convention to lend its sup
port toward changes in the state au-
tomobile law and A. r. Lynch, assist
ant attorney general, made plea fol
closer cooperation between enforce
ment officers and the courts.
Other speakers were Sheriff Nc
Donald, Chief Brisbois, Joe Murphy
Phoenix police inspector, and super
intendent of the identification bureau,
and M. P. Cosby, federal prohibition
enforcement officer.
The Coconino sun., 1924-05-09
AMBROSE MEANS, SCOUT,
HONORED BY EASTERNERS

Ambrose Means of Williams, Ari-
zona, well known to Eastern big game
hunters, has been appointed MEM
Der of the official guide group of the
Buffalo Bill American association.
Mr.. Means, together with Joe Jones,
Of Wyoming, also a guide and cow
boy OF the west, will escort parties
to the bronze equestrian statue OF
Buffalo Bill which the association is
erecting at the Cody, Wyoming, en-
trance to Yellowstone park. The
great plinth, or base, Of the statue is
now being completed, and Inc statue
will be unveiled July 4th. Miss Jane
Cody Carlow, granddaughter Of Col.
Cody, has been chosen TO unyeil the
memorial which is the work of Mrs.
Harry Payne Whitney.
Mr.. Means was chosen guide be-
cause Of his acquaintance with Col.
Cody. Mr.. Means was cowboy and
rode a bucking horse with the Wild
west shows which Buffalo Bill direct
ed. The newly appointed guide vivid
ly recalls one incident in his show
days with Col. Cody, and, in connec-
tion with it, credits Buffalo Bill with
having saved him from being a Grip
pie. One day the cowboy, while rid
ing his bucking horse in the arena,
was thrown, and his foot crushed.
He was rushed to a hospital and the
doctors decided to amputate the foot.
When Col. Cody, resting IN his tent,
heard of the proposed operation, he
Immediately got into action. He OPP
posed the operation, ordered Jimmy
Baker, the ring director, to see to it
that Mr.. Means was given the best
medical and surgical attention, and
that the bill be sent to him. The cow
boy recovered without the necessity
of an operation, and will never forget
the Colonel's wisdom and generosity.
Mr.. Means, in addition to hunting
cougar in the West, has been on big
game trips to East Africa, where
zebra, giraffe and rhinoceros were the
prizes. One of the live leopards
brought back by him after one of
these trips was housed at the Bronx
Park Zoo for a number of years, until
its death not long ago. Mr. Means
has also been on gorilla hunts, and on
one of his recent cougar hunts in the
West was accompanied by Rex Beach,
the author, and Fred Stone, of Broad
way fame, and his brother, Paul Stone.
l-Willimas News.
The Coconino sun., 1924-05-09
NEWS OF GENERAL INTEREST
WOULD MAKE HIGHWAY
DEPT. PERMANENT AFFAIR

A movement was launched at Phoe-
nix last week to take the highway
department out of politics" and it is
receiving much support.
1t is positively certain that under
the Hunt administration the depart
ment has been used as a political ma
chine; that it has failed to junction as
road-building organization Is prob
ably attributable to the fact that, by
some accident, a couple of real en-
gineers were put in charge, men who
proposed to build roads first and
politics either not at all or as a side
issue at best. In any case, The results
have been disastrous.
There can hardly be any question
in the minds of thinking people that
the function of government under the
constitution can not INCLUDE the doing
of engineering work. Every attempt
at government construction or govern.
ment operation of engineering prop
ositions has proved a ghastly failure
and the reason is not far TO seek. The
politicians can not be MADE TO keep
their fingers out of the pie; they
have friends who must "be taken care
of" and their eyes are fixed, not on
the results to the state and the tax
papers, but to the success of them
selves and their party at the next
election.
It has been suggested that a board
or commission be organized in such
way that it will be a really contin-
lIinp hodv irrnSnectiya 0f The results
of any election, and that its member
ship be composed of business men and
engineers who will retire in rotation
and in such way that majority
will always hold over. The plan has
merit and is worthy of serious con-
sideration; it is certain that almost
anything must be an improvement or
what we have now. The people of the
state are being taxed heavily for road
construction and they are entitled to
results-which we assuredly are not
getting now.-Jerome Copper News.
The Coconino sun., 1924-05-09
SECOND. LARGEST WHISKEY
HAUL MADE RECENTLY

Federal prohibition agents in Ari-
zona made their second largest haul
when they seized 1929 gallons whis-
key, 1000 gallons of mash, and three
stills, in the hills about the Cave
Creek dam. F. F. Mitchell was ar
rested and will be charged by the
prohibition authorities with manufac-
ture and possession Of liquor.
Three gallons of the liquor were IN
glass bottles, but the remainder was
in barrels and kegs, being aged in the
wood, according to Federal ProhiDi-
tion Director NJ. E. Cassidy. One OF
the stills is of copper with copper coils
and is said to be one of the most
elaborate seized in Arizona. The 9TH
er stills are smaller.
The Coconino sun., 1924-05-09
BOUNDARY CHANGE MADE
IN KAIBAB NATIONAL FOREST

President Coolidge recently signed
an executive order transferring to
the Kaibab national forest, Arizona,
what heretofore has been known a1
the Mount Trumbull division of the
Dixie national forest in northern Ari-
zona.
Four years ago the administrative
supervision of the Mount Trumbull
area was given to the supervision Of
the Kaibab national forest located at
Kanab, Utah, because it was believed
that better service could be given the
public who were using the. Mount
Trumbull unit. Since time has prov
en- the wisdom of this change, the
president signed the executive order
making the change permanent.
The Coconino sun., 1924-05-09
VALUE ARIZONA PRODUCTS
SHOW A GREAT INCREASE

Value of the products of Arizona's
three principal notwithstanding
farming and livestock - showed an
cent as compared with 1922, accord-
ing to figures compiled by the Ali-
zona Industrial Congress for the Ari-
zona Business Review for April, 10
be issued the end of this week.
Production of the states three big
industries last year reached a total
value of $158,027, ,462, against $108,
070,713 the previous year.
Nearly two-thirds of last years To-
tai values were represented by nm
eral products, copper produced being
valued at $89,856,0O silver At s.,
936, ,062, gold at $5,772, $50, aid lead
at 81, ,283, 100, a total for the indus
try of $192,847, ,462, against $62,-
890,713 for the same products in
1922.
The March supplement Of "Crops
and Markets. published by the U. S.
department of agriculture, gives Ari-
zona farm products a total value of
$38, 8,280,000 for 1923, against $780,
100000 for 1922. The same authority
gives Arizonas animal products-in-
Guiding cattle, dairy products, sheep,
hogs, wool, etc.-a value of $16,900,-
600 last year, compared with $15,-
100000 the year before. Increases iii
values amount to % per cent foI farm
products, and per cent for animal
products.
1t is estimated that the addition Of
manufactured products of various
kinds would bring the value of Ari-
zona's total production IN 1923 to
close to $170,OO0,00O.
The Coconino sun., 1924-05-09
PHOENIX NEW POSTMASTER

James A. Jones has been nominated
by President Coolidge to be postmas-
ter at Phoenix.
Mr.. Jones is the head CT the depart
ment Of justice under the admlnistra-
tion of Senator Ralph Cameron. He
has been resident of Phoenix for the
past 25 years, and is one of the best
known business men of the valley. He
was for a number of years connected
with the Valley Hardware store and
the Adams drug store, and at present
is joint owner with a brother of a
drug store in Glendale.
The Coconino sun., 1924-05-09
DOUGLAS GIRL SETS NEW
WORLD RECORD FOR THROW

Bessie Copeland, IA year old gram
mar school girl, broke the woman's
world. record for the baseball throw
Friday, hurting the ball 21o feet 3-4
inches. This betters the worlds rec
ord held by B. Hall, by / 5-4 inches.
Every precaution was taken to ln-
sure accurate measurement so that
the record could be made official. A
little over a week ago in a track and
field meet she threw the ball 220
feet. There was no wind In favor OF
today's throw. Bessie is in the sew
enth grade in the grammar school
at Douglas.
The Coconino sun., 1924-05-09
e. p. & S. W., BUYS
TIDEWATER ROUTE

T. M. Schumacher, president of the
Ell Paso and Southwestern railroad
company, has announced the purchase
from j. S. Douglas and associates by
his company of the 120-mile survey
of the Tucson, Phoenix and Tidewater
railway. A little more than $600,00
was involved. The E. p. G. S. W., its
president said, would begin the exten-
sion of its line over the right of way
purchased, from Tucson to Phoenix
as soon as a permit can be obtained
from the interstate commission.
The Coconino sun., 1924-05-09
PRESS CLUB
PLANS SUMMER TRIPS

Summer motor trips TO various
communities of Arizona were tenta-
lively planned yesterday at the
monthly meeting of the Arizona Press
club. A committee comprising Ward
Adams, rip" Ripley and Ell Vein,
was appointed to formulate plans for
the trips and report at an early meet
ing. Meetings with newspaper men
throughout the state is the object of
the trip. Reports on the recent ban
quet of the Arizona Press club approv-
ed and routine matters taken up.