davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
Sill D v
STRONG
TONE
Despite Profit Taking, Prices
Co Higher IN. Early
Trading

NEW YORK, Dec. s8.-First
prices ip the New York stock
market in the majority Of indus
trial and railroad stocks today were
higher. The market opened with
the stimulus Of another large accu-
mutation Of buying orders from out
lying sectiOn9 of the country and
sentiment was favorably affected
by the statement Of the Department
Of Agriculture, showing that the
value of this years crops may
reach the stupendous total Of $12,-
900 100000.
The railroad equipment stocks
were the first to respond to larger
buying demand, Baldwin, Pullman,
American Car and Foundry and
other stocks in this group leading
an active market at higher prices.
Industrials and rails were steady,
and few more Of the oil stocks
showed disposition to join the
upward movement.
Before the end Of the first hour,
however, the market encountered
heavy selling as the result OF profit
taking and the desire Of stock
traders to switch from stocks that
have been moving forward quite
rapidly in recent sessions in order
to make new commitments else
where in. the speculative list.
/ Industrial stocks attracted more
attention than the rails, though
some Of the low-priced shares Like
st. Paul and New Haven, which
were reactionary at the close OF
last week, were eonspicuously strong
and active. Public utility stocks,
stocks Of the electrical equipment
and radio companies and "a few OF
the mercantile companies were the
leaders in the forward movement,
with specialties' like Worthington
Pump and General Asphalt exceed
ing their best previous price records
for the year. American Sugar
was weak as the result of the
threatened legal tangle arising from
its desire to absorb the National
Sugar Refining Company, Of which
1t already owns a substantial share.
with Pure Oil and the Pan Ameri-
cans gave q better demonstration
of strength in the oil stocks than
has been seen in a week or more,
but the balance of the oil stocks
were inactive. Coppers were unable
to improve on Saturdays. price
range. Pittsburgh. Utilities, Phila-
delphia Company and Consolidated
Gas led the activity in the public
utility. group. Ii
The cotton market was nominal
until the publication Of the Gov
ernment's report at II o'clock. Call
money per cent.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
HILL ASKS FARM
AID FOR U.s..
SHIPS
Merchant Marine Vital to All
Exporters, He Says, in
Federation Bureau

CHICAGO, Dec. S.-The farmers
Of the country were urged today to
support the United States Mer-
chant Marine by Commissioner, W.
s. Hill, of the Shipping Board.
Speaking at the annual meeting
Of the American Farm Bureau
Federation, Hill said the American
farmers. should know that for
almost two generations they have
been at the mercy Of a foreign
carrying trade which did their
exporting for them.
+, 1--WE Of the interior have pro-
duced our grain and our live
stock" said Hill. 1--WE have sent
It blindly out to market and lost
sight Of it long before it reached
the place of export. We have
thought we were not interested in
ocean shipping or ocean rates be-
cause we did not live beside the
sea. We have not known who did
our export carrying or what it
cost, and we have cared less
This is not the way the big
industries Of the country, like the
United States Steel Corporation.
Standard Oil Company, conduct
their business, Hill declared.
They watch the exporting end
Of their business as closely as the
manufacturing end, and when q
shortsighted policy of Government
failed to provide a merchant marine
for their use they provided one of
their own in many cases." he
said.
The narannount question hafora
the Government and the Shipping
Board is what to do with the great
fleet created by the world war, Hill
said, adding that the Shipping
Board is. striving to have the fleet
ultimately owned and operated
privately by American citizens
under the flag of the United States,
I'VE should have our own, mer.
chant marine," Hill said. "It
should be galvanized into life SO
that it would have, the energy and
enterprise Of our carrying trade of
the Ninteenth century"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
Bankers Arriving For Meet.

Several of Americas leading bank
ers, members of the administrative
committee of the American Bankers
Association, have already arrived
IN Washington to attend a two-day
meeting OF the committee at the
New Willard Hotel Wednesday and
Thursday.
wPlans have been made for the
committee to call on the President,
Secretary Mellon, Comptroller of
the Currency, Governor of the Fed
eral Reserve Board and the House
and Senate Banking and Currency
committees, with whom they will
discuss the McFadden Banking
MEASURE.
Among thoseywho win: attend the
melting are: ET
William E. Knox, president of the
American Bankers Association;
Josh1aa Evans jr., vice president
Rises. National Bank; w. C. Cor
dom sspresidenti Farmers Savings
Bank Marshall Mo-; .aHarry J.
Haas vice president First National
Bank, Philadelphia Pa..SS alvin P.
Howard; vice president Hibernia
Bank & Trust Co, New Orleans,
La; r. e. Harding, vice president
Fort Worth National Bank, Fort
Worth, Texas; Walter w. Head,
president Omaha National Bank,
Omaha Neb.; Edgar e. Mattson,
vice president Midland National
Bank, Minneapolis, Mimi; Lucius
Teter, president Chicago Trust Co.,
Chicago, ILL.,; Melvin A. Traylor,
president First Trust & Savings
Bank, Chicago, Ill.,; Oscar Wells,
president First National Bank, Bir.,
mingham, Ala; Burton H. Smith,
president Bank of North Lake,
North Lake, Wis; Evans WOODEN,
president Fletcher Savings & Trust
Co.. Indianapolis, Ind; j. H. Pue-
lichers president Marshall & Ilsley
Hank, Milwaukee, Wis; Francis H.
Sisson, vice president Guaranty Trust
CO. New York City; c.. w. Allen
doerfer, vice president First Ma
tiOnal Bank, Kansas City, No.; Ed.
win v. Krick, assistant to president,
Mercantile Trust Company, San
Francisco. Calf, and #. N. Shep-
herd, executive manager; Thomas
B. Patton, general counsel, William
G. Fitzwilson, secretary and J. F.
Clyne, secretary to the executive
manager Of the American Bankers
Association,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
900 ASKED FOR
SUNDAY BALL LAW

+ NEW YORK. Dec. -S.-Emil E.
Fuchs. part owner ,of the Boston
National League baseball tcam, has
confirmed report that he. had
been solicited for aSslusha fund with
which to bride Massachusetts, legis-
lators to pass bill permitting Sun
day baseball in the Bay State.
Judge Fuchs said he had been ap-
preached by a lobbyist recently,
who told him the Sunday playing
bill would be put through on pay
ment Of 100000 in bills, but that
It would meet with hard sledding
unless certain people were seen"
II told him the owners Of the
Braves would not pay a red cent
for legislation Of any character"
added Judge Fuchs.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
mellon LIMITS
ALL0TNENTS
On BONDS
Declines Subscriptions in Ex-
cess Of SIC. 900 to Recent
Long-Term Issue

With a tremendous oversubscrip-
ton indicated BY its official reports
the Treasury has decided a decline
all cash subscriptions in excess of
$4,000 to the recent issue of 20-30-
year per cent bonds by which the
Treasury win obtain 5000, 0o0, 900 to
meet its cash requirements while
refunding exchanges Tin early ma
turtles.
The Treasury announced it would
accept all subscriptions for cash
purchases up to $4,000, but will
allot only IS Aper cent OF amc UNITS
sought between 81 900 and $4,000.
&c win take all subscriptions in full
OF 81 900 SOra under and has fixed a
natpinuTn. Of 81 900 on subscriptions
f0f amounts up to $4,000.
Trouble for the Treasury ap.
peared today to be brewing because
Of its decision, for there were
hundreds Of subscriptions rendered
In amounts of above $4,000 and
up as high as SIS, 000,000. The cir
cular announcing the decision OK
planned, however, that the books for
subscriptions to the new bonds, for
which exchanges are rendered in
payment, would remain open in
definitely Securities, which may be
exchanged include Third Liberty
Loan Az per cent bonds, Treasury
notes maturing, next March Is, and
Treasury certificates of Indebtedness
maturing on the same date
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
SCHOOLS F ACE.
S3,250,000
GUT :
Officials to Meet With Citizens
to Consider Wholesale
Slash in Budget Bill

Slashes Of approximately $780,
900 from the school estimates as
prepared by the Board Of Education
as shown in the budget sent to Con-
gress will be outlined tonight at the
annual conference Of school officials
with representatives or civic organi.
zat1onst OF Washington. Invitations
havet been sent out to 200 organi-
cations to send representatives.
The start on the ,five-year build
Ing program designed to overcome
crowding in the Washington schools,
the citizens will be told, has been
hampered considerably by reductions
in the school estimates which Off.
Gals prepared as representing the
needs Of the school system.
Appropriation, Cut.
The largest item which. is not pro-
vidads for in the estimates as sent
to Congress. it was learned today,
is Mckinley Manual Training
School, Money was appropriated
last year for plans for a new build
ing to replace the old Mckinley,
now inadequate for the functioning
OF this large high school. It was
the intention Of school officials to OBJ
tain money to start building opera
tons in the appropriation bill now
before Congress, but the item has
been cut out.
Omission Of Mckinley is viewed
by school officials as unfortunate.
as 1t will throw the bulk Of a five
year program over too short q part
OF that period. 1t was the purpose
Of officials to distribute it over the
entire five-year period.
The two largest items in the
uve-year program are Mckinley
and Business high schools. The
plans called for completion Of at
least the greater part OF Mckinley
before beginning Business. The
delay in providing the appropriation
for Mckinley this year win mean
that. the two high schools will
either have to be built stimuli.
taneously or that Business will be
delayed, school officials indicated
today.
Comparisons Outlined.
The comparison Of estimates
which will be outlined shows some
increase in appropriations for texts
and supplies, as well as repairs
and alterations to buildings. ! Con.
trary to procedure followed in
other citizens conferences, items
which were eliminated and those
that remained the same will be
stated.
Supervising principals conferred
with Superintendent Ballou today
on the policy to be followed on
purchase of land in the five-year
building program. It. is purposed to
buy land in advance of it's use.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
Foreign Bonds
ELECTRIC GAUGE USED
ON NEW u. 6. BRIDGES
fFurnished 81 W. q. Hibba

A twelye-element electric "strain
gauge" Is being used in the impact
tests on highway bridges now being
conducted by the United States Blu
reau OF Standards at Ames, Iowa.
This work Is being done as part
OF a cooperative investigation con-
Quoted by Representatives Of the
bureau and a special committee Of
the American Society Of Civil
Engineers.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
N. Y, Cotton Market

NEW YORK, Dec. 8.-Cotton
prices were steady at the opening
of the market today with the first
prices from unchanged to 81 points
higher, December opened at, 1888
unchanged; January Eat 22.04. un-
changed and March at 1885, up
q points.
LIVERPOOL, Dec. S.-Spots quiet;
prices steady: sales 1000 bales. Mid
fair 14.S4; strictly good, ,13. "a; good
mid. 1S.49; strictly mid, 1925 mid,
1904; strictly low, 1874; low mid,
1884; strictly good, ordinary. 11.94;
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08

JIMMY CHRISTMAS HE" IL
the happiest man in town-because-
all his friends read the Gifts for
Him" column in the Classified Sec.
ttpnA
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
LONG LIFE DUE TO SENSE,
NOT GLANDS, SAYS DEPEW

NEW YORK, Dec. S.-Chauncey
M. Depew, ninety years old last
June. said that common sense,
rather than monkey glands or
monkey shines, is what is lengthen-
ing the span Of life," in comment
ing on the Federal health bureau
report. in, which Surgeon General
Cumming says that the life span
has been heightened about fifteen
years since 1870, making fifty-six
the present average.
There is one rule Of life bearing
on this subject that win materially
help. If it is followed" he said. eft
is this: No matter how much you
like anything. drop it If it does not
like you"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
Chicago Grain Market

CHICAGO, Dec. S.-Grain opened
higher today. Wheat up %@1A;
corn advanced h@H. oats M@%.
Opening:
Wheat-December, 1884 OF May.
1885 OK; july 1.441s@A.
Corn - May 1.25@1.26NS July,
1854 @1.26A.
Oats - December, 56A @1Sg May.
61% @62%; July, SOS @61.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
THIEVES ROB SHOP OF
$500 IN WEARING 3CARR

More than $500 worth of suits and
dresses were stolen from the tailor
shop at 2425 Fourteenth street early
today, according to a report made
to police. s,
The thieves entered by saving
iron bars from the rear door.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
Curb Stocks

y IlFurrished BY w. B. IIibbs 8 Coz
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
LATEST NEWS AND QUOTATIONS OF THE FINANCIAL MAI
Local Stocks

Furnished by w. b. Hibbs q Coz
Washington Gas IS, $1,000@98,
81, O00@98.
Washington Railway and Electric
G. & r. 6s. 'S3. $1.O00@99.
Lanston Monotype, 1906.
2O@9.
Money Call loans. 6@6 per cent.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-12-08
Short Term Securities

FURNISHED by w. B. Hibbs & Coz
- bid | Ask
Evening star., 1924-06-28
Of Situation Facing Democrats Made Fully Apparent Convention

stration is under full headway." But
something in the sentimental appeal
OF the little Virginia hornet swept
over the entire convention after Gov.
SWanson's speech, and it paay indi-
cate, II 1T does not pass from the
memory of the delegates, a real sec
ond choice in their hearts for the
Virginian
Building OF Platform.
In the meantime, while the four
day ballybooing and barking has
been proceeding before the beIlying
canvas of unreality, here in front of
the sideshow. behind the scenes, in
the dressing room of the main tent,
the real performers have been busy
At o'clock Friday afternoon the
platform was turned over by the sub
committee on resolutions to the gen
eral committee on resolutions. The
platform was complete in all it's un-
important parts. Prohibition was
compromised. much as the Republi-
cans compromised it, by a general
declaration for law enforcement But
the important matters, the league of
nations and the ku kluX klan, were
not settled by the committee. Two
or three minority reports were made
on each subject to the general com
Evening star., 1924-06-28

had obtained many second choice
pledges. AS d consequence, when it
became apparent that neither Palmer
nor McAdoo could win the McAdoo
Palmer men turned to Cox. Thus 1912
and 1920 went to the candidate with
the greatest second choice strength.
If history repeats itself, the same
process will develop here. The Nc
Adoo men will never go to Smith.
The Smith men will never go to Nc
Adoo. The second choice of the Smith
group is Underwood, but the McAdoo
men are not likely to swing to the
Ala baman. Nevertheless, this CORE
spondent believes Underwood has an
outside chance.
The second choice of many delegates
has been Senator Ralston of Indiana,
but the publication of d story here
today that the Klan has all along
preferred Ralston to McAdoo has
alienated votes that might have gone
to Ralston. 1t may not be true, but
those things hurt in a convention
struggle.
Baker and Davis Favored.
The two most likely compromise
candidates because of the second
choice strength are Newton D. Baker
of Ohio and John w. Davis of West
Virginia. Mr.. Bakers speeches have
made him an outstanding figure here.
He satisfies the McAdoo men because
he is a dry and because he is an ar
dent Wilson man. He comes from
Ohio, which is pivotal state in an
election. He denounced the klan here
and thereby won friends in the New
York and Illinois delegations. Tom
Taggart of Indiana is friendly to
him. His handicap is that the Ohio
must vote for Cox until his chances
dwindle. and then the delegation
will split several ways. Newton
Bakers opportunity would come only
after Davis and others have been tried
out and failed.
rapidly than any other, here. The
nominating speeches for him were
excellent. He is not an active can
didate himself and he has no organ
Clarksburg. W. Va, have placed him
in nomination. They have played a
cautious and skillful game. piling up
second choice pledges. They have no
when certain states swing toward
them. They expect to inherit votes
from both the Smith and McAdoo
camps. Just now, John w. Davis
has more second choice strength
than any man in the convention. And
McAdoo nor Smith can be nominated
he can be looked upon to emerge
as the beneficiary of both. But at
this writing, nobody knows that any
thing will happen. For the McAdoo
lines are holding and so are the
Smith lines.
The delay on platform means the
real balloting will come Monday.
The McAdoo men didn't want a
to intervene after too many
ballots had been taken, as that's what
hurt Clark at Baltimore. He lost
over Sunday when the deals were
made. Baltimore's lessons are being
needed here today.
Copyright. 1924
Evening star., 1924-06-28
BY WILLIAM ALLEN WHITE.

|, NEW YORK, June 2s.-Four days
Tuesday, Wednesday, Thursday, Fri
day-a thousand or fifteen hundred
delegates and alternates have sat try
ing to make history in the national
only a noise. 1t is odd to think that
these fifteen hundred men and women
officially charged with the job of
naming a President and putting out
a platform could do absolutely moth
ing toward the ends in view in four
days. And it is even more curious
that $4,000 people should sit around
them in an idle and gaping conclave,
watching them do nothing with all
their might and main for four days.
And the queerest thing of all is that
millions of their fellow countrymen
with ears glued to radio receivers
are wasting lots of time listening to
the futile howls and boots OF the
$4,000. the dull and uninSpirinG
oratory of a score or two of mediocre
talk ers from the 1900, all meaning
less, mostly stupid and generally of
very little consequence. 1t is as
though one hundred million people
should stand in front of the side
show, listening to the barkers for
ever telling of the wonders and vir-
tues of the painted snakes and living
skeletons and bearded women. patient,
almost admiring, eagerly hoping that
the performance in the main tent
might some day begin and be worth
seeing.
Fourth Day Eventless.
The fourth day of tho convention
was eventless. 1t is unlikely that
any other group of $4,000 Americans
anywhere in the country has done
less to accelerate the progress of the
world than these $1,000 who have sat
in Madison Square Garden and
listened to the rather cheap vacuity
OF nominating speeches and second
ing speeches of second and third rate
Democratic statesmen. Two shining
exceptions to this generalization
were manifest when Newton Baker
made a first-class speech for sec
ond-rate candidate and Gov. Swanson
made a Second-rate speech for a first
rate candidate.
These two speeches may reasonably
be expected to have something to do
Evening star., 1924-06-28
Name of Carter Glass R0uses
Real Sentiment IN Convention
Speech by Ne,Uton d. Baker for League
Also Stirs Unstaged Demonstration,
But Other Noise Fails in Conviction.

with the convention. Mr. Baker in
jected the league of nations issue
into the proceedings OF the conven-
ton. 1t was evident that he made a
real impression. 1t was the first time
that the convention showed any in
terest for any issue except the Ku
Klux Klan issue. But the outburst
of approval from the delegates and
the galleries for the league of nations
probably meant something. Just how
much it meant only the balloting on
the platform will show. 1t is also
possible that Mr. Baker may have
made an impression on the conven-
tion which at the end of the deadlock
might make him a conspicuous can
didate. After the Ku klux klan
venom has been stilled and after the
status of the league of nations has
been settled in the platform, it is
quite likely that the delegates, haV-
ing spent their spleen, will be glad
to consider a man who stands for
some definite thing, and Mr.. Baker
certainly stands definitely and con-
vincingly for the league of nations.
In the debates on the floor or the con-
vention. if minority report is made,
it seems certain that MIR. Baker will
advocate the league. He is the prince
of protagoniStS. and will make a deep
impression if he is given an oppor-
tunity to lead fight. So there is
something significant in the reception
which he and his idea received in the
Evening star., 1924-06-28
WOMAN TO BE NAMED
FOR VICE PRESIDENT
Mrs. Leroy Springs, South Carolina
Beauty, Notable Party Worker,
to Be Honored.
Special Dispatch to The Star.

Special Dispatch to The Star
NEW YORK, June 2S.-Mrs. Leroy
Springs of South Carolina will be
placed in nomination as Vice Presi-
dent of the United States.
This is the first time in the history
of the country that a woman will
have been placed before a national
convention as a candidate for a high
executive office.
Mrs. Springs, committeewoman and
delegate a large from her state, is
conceded to be one of the most bril-
tiful women in the party. Her friends
do not expect her to win the nomi-
nation, but they have definitely plan
ned the effort as compliment and
reward for her conscientious work
for the party.
Mrs. Springs first came to the at
tention of the convention when she
made her report as chairman of the
credentials committee. A handsome
figure, she stood before the conven-
tion and made her report in a clear,
loud, albeit sweet voice, worded with
clarity and gravity.
Typical Southern Beauty.
A typical southern beauty, Mrs
Springs is tall and slender, with lux
uriant dark hair and bright brown
eyes in her oval countenance Her
clothes are usually white and always
effective.
Mrs. Springs is said to have ham
died her committee like a veteran,
winning the plaudits of her coll
leagues not only for the ability she
showed, but also for her fairness in
every act. She has taken other parts
in the convention, such as presenting
resolutions and making a seconding
speech for McAdoo with a statesman
like air. The Constitution provides
that Vice President must be over
thirty, and, while she does not look
it, Mrs. Springs proudly announces
that she meets the requirement.
Mrs. Springs was approved by Sem
ator Wheeler, leader of the Daugher-
ty investigation in the Capital. she
would most certainly improve the
situation in the Senate" he confessed.
The candidate has a claim on three
delegations. She was born in Ten
nesse, lived in Texas and married
citizen of South Carolina.
Mrs. Springs made her first public
appearance when she was elected
head of the Lancaster Red Cross
shortly after this country entered the
war. She was elected president of
the South Carolina Federation of
Women's Clubs, and. in 1922, she en-
This is the first convention Mrs.
Springs has ever attended. Her hus-
band is also a delegate at large.