davidaulloa/AmericanStories huggingface dataset:
Evening star., 1924-04-20
LIVE STOCK MARKETS.

EaalAI1mOriE~ Apr1l y tSpeC9l)-
While the live cattle market has been
quiet this week the chose OF the lenten
season Will bring an increased de-
n1and next week, and the mark ct
shows a ffrmer tone today. Trade
wants are being supplied mostly at
stock yards, there being very little
cattle arriving on the wharves-
Spring lambs continue in light re-
ceipt with demand good for fat lambs
fall lambs also moderate. and all such
meet with ready sale at good prices.
uotations today at Light street wharf:
Beef cattle. first quality, h., 8 to
3; medium, lb., to Z: Bulls, as to
quality; !, lbs IL ta to IS s; Cows choice to
lb- 2 to 4. Oxen, as to quality, Az
to 81. Milk cows. choice to fancy,
head, 5000 to 1880; common to fair,
5000 to 5000. Calves, veal, choice.
H., 1911 to IL; ordinary to medium,
,h. to 10; rough. heavy, common,
3 to 4. Lambs, fall. choice, Is to 16:
fair to good, lb., 12 to IA: common.
thin, lb. to 10; spring, as to size
and quality, Is to 90. Hogs straight.
lb., to 8; sows, lb., 5 to 6; stays and
boars, H.. ) to 4; live pigs, as to
size and quality, h.. 10 to 12; shoats,
as to size and quality, lh, 8 to 3.
CHICAGO, April - Omitted States
Department Of Agriculture) Cattle
Receipts, 500 head; for week choice
beef steers and most grades she stock
steady other beef steers and light beef
heifers, 25 to 40 lower; in-between
grades weighty steers and light year.
lings showing most decline; extreme top
steers, 1850. highest of the season; best
year1ings, 11.50; bulls. 10 to Is lower !;
vealers. rs off; stockers and feeders, .25
higher. Bulk prices follow: Beef steers
and yearlings. S.50a10.75; stockers and
feeders, 6.25a7.75: fat she stock, 550a
SIS. Gamers and cutters, 2.s5a3 80 /;
vealers, S.00a9.50.
Sheep-Receipts, 200 head; receipts
mostly direct; few sales good clipped
lambs, 1876 steady; for week around
1000 direct; 176 cars fed lots. Com
pared week ago: Fat lambs around so
lower; sheep. SO to IS lower; top fat
wooled lambs for week, 1850. Bulk
prices follow: Fat lambs, 15.50a16.35 (;
spring lambs, 17.o0a21.00; fat wethers,
10. 5Oa12.o0; fat ewes, 10.50a11.75. clip
ped lambs, 14.00a14.S5 ;; clipped ewes,
9.75a10.25.
Hogs-Receipts. 5000 head; slow
mostly steady: bulk. good and choice,
$40 to $40 pound butchers, 7.50a760 /;
bulk, better grades, $50 to 210 pound
weights, 7.25a7.65 few choice 200 to
800 pound averages topped at 1855 bulk.
packing sows, 6.S0a6-90; killing pigs
slovs mostly steady. bulk, desirable
strengweiKht. 6.ooa6.35.. estimated hold
over, 5000.
Evening star., 1924-04-20
Banquet Planned IN Honor
IS Of Washington Finapciers
Bankers, With Investment Promoters and
Realtors, to BE Guests Tuesday Eue-
ming of Better Business Bureau.

Representatives of the banking in
vestment and real estate interests of
Washington will be the guests of the
board of trustees of the Better Bust
ness Bureau at a dinner next Tues
day evening at Wa-dman Park Hotel
grill room. it was announced last
night by Joshua Evans, jr., chairman
of the board
The dinner is the result of a sug-
eestIon that the organization of a
separate department i'll the Better
Business Bureau, fostered by bank
ers, investment banks and realtors
would facilitate the Before You In
Fest-lnveStigate" movement and
would provide means by which Il
greater part of the public could be
quickly aided in Investigating when
sollclted to purchase Investments
The work would be conducted along
the lines already established under
the direction of Howard NJ. cool, di-
rector of the bureau. who WAS for
merry director of the Cleveland bu-
reau, where the Before You Invest
Investigate" slogan originated
Helpful to Investors.
Among the plans to be outlined at
next week. Issemblage, Director Cool
VIII tell OF the proposed organiza-
u"n OF key man system by which
pidctlcallN tI"rH government EN-
ploNe Will have an cnDortunity to
readily obtain facts about invest
mentS which they may he consider
ing. In this way the mass of people
IN Washington will he given an op-
portunity to differentiate between the
relable and questionable in securi-
iles. If this suggestion is adopted it
Is expected committee of finanCiers
VIII be appointed to advise with the
BOARD In the actual formation of an
investment department.
ohlcials of the Treasury Depart
ment and the Federal Reserve Board
VIII be guests of honor. George w
ii"oses OF Remick. Hodges IL Co.
New York investment bankers, and
I'aEld {. Wills, chairman of the Fed
eral Reserve Bank of Cleveland will
also be guests and will tell of the
before You 1nyeSt--inVestigate
work as it has been carried out in
New YORK and in Cleveland through
better business bureaus
Diversified Farming Discussed.
Diversified farming and reduced
production of small grains can do
more to cure financial ailments OF
northwest farmers than any other
remedy so far put forward, William
Evening star., 1924-04-20

given the comm mander-in-chfef, AL
bert d. Afcon, June z. Arrange
ments were made to assist Dewey
Auxiliary with memorial services
May Is on board the Navy yaTd
o'clock in the morning, when flowers
will be strewn on the Potomac in
honor of the sailor dead.
Gen. M. Emmett Ure1l Camp re-
ports marked success both in recruit
ing and in reinstAting the suspended
a nd dropped members. At the last
regular meeting Everett Dufour and
]. w Kite were received in the camp
by muster. Urell Camp has been un-
fortunate in having lost by death
four members in the space of two
weeks, w. T. H. King, j. F. Hodgson.
John Rusuhman and Peter r. Feeney
having answered the last call. These
comrades were buried in each in
camp is carrying on a booster pro-
gram for the department excursion,
to be held on Santiago day, July II.
Admiral George Dewey Naval Aux
Hilary, No, 8. will meet tomorrow
night at department headquarters,
921 Pennsylvania avenue southeast
The membership has increased to
such extent that the auxiliary has
decided to hold two meetings a month
l1Stestu the u1tellHSS De
held on the first and third Mondays
Of each month. The following named
were mustered in at the last meet
ing: Matte Jackson. Virginia b.
Moulden, Eva E. Field, Annie Bur-
CESS, Eva Cook. Mary E. Davis and
Lille M. Beall. Dewey Auxiliary
has 195 members, and President
Frances M Van Allen is making a
drive for 200 by the end Of her tSrm.
iliaries for the week are as follows:
Gen. Nelson A. Miles Camp, No. l.,
Friday night, Odd Fellows Hall. 41S
7th street northwest; Col. James S.
Petit Camp, No. 3, Tuesday night,
s21 Pennsylvania avenue; Col. John
Jacob Astor Camp, No. 6, Monday
night, Stanley Hall. u. 3. Soldiers
Home; Admiral George Dewey Naval
Auxiliary, No. g. Monday night, S21
Pennsylvania avenue; Col. James S.
Rstth AUXILIARY, No g. Thufsday
night PotonAS Rank building,
Evening star., 1924-04-20
Foreign affairs Dominate
Weeks Investment Markets
Unexpectedly Quick Acceptance of Da,oes
Report on ReParations and Friction
With Japan Leading Factors.

logical to expect, provided no hitch
occurs in the negotiations over the
Dawes report.
Domestic Investments Bettered.
Meanwhile, the tone of the market
for domestic investment securities
showed great Improvement at the
week end. The most significant hap
penins was the upturn of United
States government loans. carrying
the Tre- Sury AZ and some of the
older Liberty IA TO new high rec
ords for the yea. At the same time,
the demand for the high-grade rail-
road bonds became much more Wig
orouS. II looked as though at last
the great surplus OF investment funds
was making itself felt. New issues,
too. began TO move more easily.
Traders and dealers who are natu-
rally skeptical, and vino have been
complaining that the investment
bankers have been asking too high a
price for their recent offerings, began
to admit that desirable securities
genuine investors much more rapidly
than they had believed possible.
Public Utilities in Favor.
Public utilities still were favored
over induStriaiS or even railroads. A
study of the bond averages show s
that the public utilities are selling
closer to the high OF the year than
or first grade rails. This preference
is not hard to understand. No earn
ings statements make better show
ings than do those OF the utilities.
Regulation OF the public utilities is
not feared by investors as is posSibl
legislation adverse to the railroads.
Moreover. so far, while car lOadngs
and gross earnings of the railroads
are down from the peak, there is no
such decline in the business of the
utilities. especially of electric light
and power companies. This is not to
say that sentiment toward the rails
is unfavorable. That is not the case
The general expectation is that the
March returns, the first of which will
be published the coming week, will
reveal economies in operation which
will more than offset any small de-
Grease in gross earnings
I1AuxtriaI Outlook M1ed
The outlook for Industrial obliga-
tions is more bound up with business $
conditions. Uncertainty as to the i'm
mediate future of the steel and of the
automobile and affiliated industries
causes hesitation. The action of the
United States Steel Corporation di-
rectors on the next dividend on the
common stock IS awaited with great
interest not only by the shareholders
but by the whole investment COM
munity. The declaration of a sub
stantial extra would be regarded as
indicating confidence in the quarter
best informed as to the trade outlook
present and prospective.
Evening star., 1924-04-20
HELD MENACE TO TRAVEL.
100000 Autos and 241 .692
Grade Crossings in q. S.

NEW YORK, April 19.-The Times
says 1000, 900 automobiles and 241,-
6e2 grade crossings in the United
States have created a problem that
is becoming increasingly menacing
from the viewpoint of the railroad
fraternity, Based on estimates for
New York made by Gov. Smith. it
would cost S24169, ,2oO, 900 to eliminate
all of the crossings. This is more
than the tentative valuation of all
the class one railroads in the coun-
try. What is worrying the railroad
executives is who is going TO foot
the bill for grade crossings The ar
gument is being strongly advanced
that the state and the municipal gov
ernment should pay Il substantial
share of the improvements as the
method Of speeding UP the work. and
protecting the CitiZenry. As the num-
ber of automobiles steadily increases
the demand for elimination of the
crossings is expected To grow in pro-
portion. and the big problem racing
the railroads is where they will be
able to get the new capita to pay
their share of this badly needed. and
yet enormously expensive remedy.
Evening star., 1924-04-20

Hayes. Montclair. n. j., wrote in an
essay which last night was chosen as
winner of the $3.50 cash prize offered
by Joseph Chapman of Minneapolis
for the best article offering "a solution
of northwest farm problems.
Mr.. Chapman. vice president of the
l.. :. Donaldson Company. offered the
prize as one of the founders OF the
American Institute of Banking. The
contest was open to q present mem
bership of $4,000 bankers, organized
into 100 chapters.
Means to relieve financial strin-
gency for farmers, and to give them
a larger return, as outlined by Mr.
TO the point where a remunerative
price is received for the commodities
produced. Restore the market by in
crcasing consumption. Shift produc-
tion to other channels. Reduce rail-
road freight costs by carrying out
railroad transportation as provided
in the transportation act. Improve
waterways from the Great Lakes to
the Gulf of Mexico. Establish re-
gional car service agencies to avoid
car shortages at times of seasonal
need.
Tracing the present depIorable
economic condition of the western
farmer" back to the crisis of 1929"
Mr. Hayes said the farmer suffered
most from the retrenchment period
because while his costs OF production
had increased no more in proportion
than those Of the manufacturer. the
manufacturer had managed to keep
selling prices high enough to make "A
profit. while the farmers products
drew low prices.
Decline in consumption. rather than
oNerproduction, was responsible for
the situation. he said.
Unlisted Securities Guide.
The following latest bid and
asked prices for unlisted securities
are quoted for the guidance of hold
erS of these issues:
Evening star., 1924-04-20
by GEORGE r. HUGHES.
,ciaI Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, April 1s.-Foreign af-
fairs were the predominating influ-
ence in the investment mark cts OF
the week. There were two outstard-
ing deve!opm One was the un-
expectedly quick acquiescence in the
Dawes commission reports both by
Great Britain and France, on the one
side. and by Germany on the other
The result was to produce 4 very
favorable impression upon sentiment
here.
The other development was the
action of Congress on the iInmigra =
tion bill and the consequent friction
with Japan. This made an unfa- :
Forable Impression, but the effect was
confined to the market for the new
Japanese loan.
Clash on Japanese Interests.
1t was an unfortunate coincidence
that the emphatic expression of re-
sentiment on the part of the Senate
against the tone of the japanese
ambassadors protest should have
come on the same day that the syn
dicate which offered the Japanese
bonds was dissolved. These Japanese
bonds were offered in February
simultaneously in London and New
York, the most prominent bankers in
both countries participating in the
underwriting. The American issue,
carrying a Go per cent coupon. was
Hoated to the amount of $50 000, 900
and the British issue carrying n 6
per cent coupon. amounted to f25,-
600, 600. The offering was we'll re-
ceiNed in both countries and it was
generally assumed that they were
well placed. The break, therefore, in
the quotation, on this side at least,
was probably due to the political de-
Velopments. The action of Japanese
exchange supports this view.
Gives Another Slant.
Against this incident may be set
the strength and activity in French
bonds. which followed the news of
the favorable reception of the plan
of experts for solving the reparations
problem. New high quotations for
the year We're reached for both the
direct obligations OF the French re-
public and for those of French cities
and provinces. 1t must not be as
sulned that there was any rush of in :
veStors to buy French securities
That, If il comes. will be matter
of considerab BILE time. On the other
hand. there was no longer pressure
against the market by tirnid holders
and traders were quick to see the
possibilities of speculative apprecia-
tion. The Improvement did not ex-
tend to any material degree TO
European dollar bonds in general
but some such extension would be
Evening star., 1924-04-20

Der of Gen. NJ. Emmett Uren Camp.
The Department Council OF the
United Spanish War Veterans at it's
last meeting set the date for the
annual encampment of the depart
ment for June 81 in this city, when
an entire set of department officers
will be elected in addition to trans
acting the business of the organiza-
tion. The council also set June
as the date on which a banquet will
be given in honor of Commander-in- :
Chief A ID. Alcorn of Cincinnati. A
resolution was adopted protesting
against the executive order prohibit
ing the taking up of Memorial day
collections in the government depart
ments.
The Admiral George Dewey Naval
Camp, No. Z. has accepted the chal-
lenge of Gen. Henry w. Lawton
Camp for match base ball game for
the championship of the department.
excursion of the veterans in July,
At it's last meeting Dewey Camp
mustered into membership William
II. Morgan, George w. Hartley. II. A.
Hunley, John B. Williams and Samuel
Smith. Acting Department Inapector
Albert Michaud inspected the books
of the adjutant and Quartermaster.
He congratulated the camp officers
for the efficient manner in which
they conducted tho muster-in cere-
monies. w. T. Cluverius. captain,
United States Navy, survivor of
the Maine and a member of Richard
]. Harden Camp. spoke of the practi-
cal patriotism of the United Spanish
War Veterans. Others who spoke
were Daniel Foley and Clarence
Brewer of Harden Camp and Senior
Vice Department Commander Arthur
H League of Dewey Camp whom
the camp has tAorpnd for daeaI2Asat
cemman ndeI. An1krew Kinneh An
nounced that-A banquet would be
Evening star., 1924-04-20
INDIA'S COTTON CROP.
Total Is Less Than Fifth of Amer
lean Output.

NEW YORK, April 19.-As review ed
in the annual report of the Chartered
Bank of India, Australia and China.
the cotton crop of India at 5000, 900
bales was quite normal, and it is
rather interesting to note that the
total cotton crop of the world is
about 100000 bales. OF that Ameri-
ca supplies 100000 to 1900. .0O0,
India comes next with 100000, China
supplies about 1,750,0O and Egypt
Lao, 600. and now we have East Afri-
can cotton coming into the market to
the extent of about 100, 900 bales; that
Is most promising.
-Out of the 100000 bales grown in
India. Europe takes about 1.05O000
and China and Japan. 100000 bales.
Taking the ordinary current price of
today for 100000 bales, it means
about G65.000,o00. and that sum has
to be found chiefly by the exchange
bankers for financing the export. In
fact, owing to the additional price of
cotton, the extra accommoda ton
which the banks have had to provide
this year has been about 50 crores of
rupees.
Evening star., 1924-04-20
FERDINAND AWAITS
TREATY WITH FRANCE
Rumanian King Stays in Paris.
Pact Like Czechs' Is
Planned.
By the A ssocia ted Press.

PARIS, April 19-Kmg Ferdinand
Of Rumania since the completion OF
his official visit to Paris has not Iei
the city, but is remaining here to
watch the development of the Franco
Rumanian treaty, regarding which
his foreign minister. J. c. Duoa, Is
daily oonferring with Count Perettl
de la Rocca- director Of political af-
fairs at the French foreign Office
1t is understood the treaty will be
along the lines of the one made with
CZechosIovakia after the visit OF
President Masaryk and Foreign Min
lister Benes last year-that iss gen
eral pact designed to assure the
maintenance of the provisions of the
existing peace treatfes.
A spok esman for the French for
eign nlinis secuted today that the
embryo document will contain any
military clauses He reiterated that
as soon as it is concluded it would
be made public and a copy deposited
with the league of nations
Evening star., 1924-04-20

District National Guard rife team a,
Camp Perry. Ohio, for several years
was one of the winners in the
battalion matches at Camp Simms
last fall and was a member of the A
Company team that won the recent
competition from the indoor gallery
teams representing the Navy. Regu
lar Army. marines. National Guard
ana Ofhcers Reserve Corps
The following enlisted men of Com
pany &. 12lSt Engineers. took the ex-
animation for promotion to commits
stoned grade last Tuesday night: STAFF
Sergt George Harhin. Staff Sergt.
Walter :. Welsh. Corps. William I.
Mushake. Walter A. Knight. John L.
Notsler, John j. caltabiano. Gregorio
L. t>aj rdo and Private (tirst class)
Saul q. Lichtenberg.
The District National Guard will
hold a rifle competition with the
United States Naval Academy at An
napolis, Nd, May 10. Members of the
District Guard who are interested in
rifle shooting have been urged to par
tlctpate in the practice try outs which
will result in the selection of the
team to represent the local guard in
this match.
The first practice was held wednes-
DAY afternoon, and again yesterday,
and practice will be held each Wed :
nesday and Saturday afternoons here
after until the team is selected, at
Camp Simms, Congress Heights. Prac-
tice will also be held on Sunday
mornings. A truck will be run from
the armory, Az l. street northwest,
Saturday afternoons at o'clock for
the purpose of taking pa articipants to-
the range. 1t will proceed along 1st
and streets southeast to 1lth and NJ
streets southeast where it will stop,
on signal.
All members Of the District Guard
who try out for the team to be Sc
lected and who attend two-thirds of
the practices will be authorized to ac-
company the team to Annapolis the
day of the match. Can't. Henry "
LeiZear. ordnance department. has
been detailed in charge of the prao-
ttce and team selection.
Evening star., 1924-04-20

lumbia during the
war with Spain
and served as
special surgeon
In Cuba He also
rendered h o m e
service during the
world war as first
IL e u tenant. He
has been active
in the Affairs of
the veterans of
the District and
was elected de-
partment surgeon
for the organixa-
ton year 1925
1924. DIR. Nc
MaSter Ia a mem-
Evening star., 1924-04-20
STEEL PRODUCTION DROP.
Finishing Mills, However, An.
nounce Increased Activity,

YOUNGSTOWN, Ohio, April 19-
Steel and iron production will show
another decrease next week in the
Youngstown district according to
mill schedules announced today, but
finishing mills will operate at greater
production. Only forty-eight of the
eighty-two open hearth furnaces in
the district will be operated next
week as against fifty-four this week.
Another blast furnace goes on the
idle list with the blowing out of
Republic Iron and Steel Companys
No. = furnace after a continuous run
of six years.
Ninety-four OF the T19 sheet mills
will operate as compared with eighty
five this week.
Evening star., 1924-04-20
CLAIMS BAD LIQUOR
IS KILLING VETERANS
Doctor Obtains Federal Investi-
gators to Track Source Near
New Haven.
BY the Assria ted Press,

BY the Associated Press.
NEW HAVEN, Conn, April Ia
Federal Investigators are endeavOr-
ing to ascertain the source of bad
liquor which has found it's way into
the hands of war veterans at the
government hospital at AlIingtown,
just outside the city, it was learned
by DIR. l. B. Rogers, medical officer
in charge, to be fastening deaths
among war veterans at the hospital.
Dr.. Rogers is said to have asked
for tho Investigators. Col. Harry T..
6ka13sA. inapeckar Of ~ Ve1eIam'
AHNau, is dirsc4inG : the probe with
the assistance of prohibition agents.
Evening star., 1924-04-20
COTTONSEED OIL DULL.

NEW YORK. April 19.-Aside FROM
switches of May TO July at 40 points
and July to September 81 points there
was little doing in cottnnseed oil: the
firmneSS in crude and lard restricted pit
offerings leading months were ! to
points net higher at the close Sales
$500 bbls., prime crude, S.15 To 800
prime summer. yellow spot. 1915 bid
May closed 1919: July, 1858: September,
1919; October, 1920.
Evening star., 1924-04-20

iEnated as re-
cruitinS and per
sonnel officer of
the recently COM
pleted regiment of
121st En- gineers.
Lieut.. Col. Glad
man was COM
mander of Com
pany G, 121st En-
gin GERS. S i n c e
1873. He organ
lied G Compa ny
durin e the winter
OF 1918 and main
tanned ii at u high
standard since, al
Evening star., 1924-04-20
NAVIGATION SEASON OPENS.

SAULT STE. MARIE, Mich, April 10.
The freight navigation season for
1924 was opened today with the pas
sage through the 500 Locks of the
steamers Theodore Wickwire. jr, and
Frank w. Goodyear. laden with coal for
SauIt Ste. Marie, Ont.
Evening star., 1924-04-20
QUAKE DAMAGE SLIGHT.
Earth Tremors in Mindanao Cause
5000 Loss.

MANILA. April 14-An earthquake
which occurred on April IS, in Davao
province, southeast Mindanao, caused
the collapse of several buildings and
injury to two persons, according to ad-
vices received by the constabulary head
quarters. Slight shocks occurred
throughout the night. The earth opened
from two to six inches in several places.
Damage is estimated at S., 700.
Evening star., 1924-04-20
SPANISH WAR VETERANS

DR.. A. McF. McMaster, department
surgeon of the District Spanish War
Veterans, was commissioned first
lieutenant from the District Of CO.
Evening star., 1924-04-20
Money to Loan

secured by first deed Of trust on real estate.
Prevailing interest and comm issioa.
Joseph |. Weller 40 40, Wash; s l. : Trust
Evening star., 1924-04-20
District National Guard

Lieut.. Col. Harry f. Gladman, re-
Gently promoted from captain. pre-
sented with his commission of the
new grade last week has hpaD deS-
Evening star., 1924-04-20

logical to expect, provided no hitch
occurs in the negotiations over the
Evening star., 1924-04-20

Lieut.. Robert G. MacCartee and MAJ.
Joe r Mickey of the 121st Engineers
have been appointed members of a
committee of the veterans of the "a
Divis ion, A. Il. F.. by MAJ. Ten. han-
aor - EIy. to cooperate in the new
aruorv matter.